Ontario Electricity Rates Rise: Bill Changes Explained
Ontario residents face higher electricity costs starting May 1st. Learn how time-of-use and tiered rates are changing and get expert tips to manage your energy bills effectively.
Category : Energy Sector
OPEC+ Extends Oil Production Freeze Amid Market Concerns
OPEC+ maintains current oil output levels as global economic uncertainty and oversupply fears shake energy markets. What this means for Canadian consumers and the economy.
NB Gas Stations Face Closure After Carbon Levy Removal
Gas retailers across New Brunswick warn of potential station closures and job losses as the federal carbon price adjustment at the pumps ends, creating financial uncertainty for the industry.
SM Energy and Civitas Merge in $12.8B Shale Deal
Two prominent U.S. shale producers, SM Energy and Civitas Resources, announce a landmark $12.8 billion all-stock merger, creating a dominant force in the American energy landscape and signaling a new wave of industry consolidation.
NextStar Energy Expands Windsor Battery Plant
NextStar Energy is supercharging its Windsor operations with a major facility expansion to meet skyrocketing demand for grid-scale battery storage across North America.
BC Hydro Site C Dam: What Went Wrong Exposed
An in-depth investigation reveals how BC Hydro's Site C dam project spiraled into a multi-billion dollar crisis. Discover the management failures, construction disasters, and political pressures that plagued Canada's largest public infrastructure project.
$8.6B Meg Energy Takeover Faces New Hurdle
The proposed $8.6 billion acquisition of Meg Energy by Japan's JAPEX hits unexpected regulatory complications, creating uncertainty in Alberta's energy sector and raising questions about foreign investment in Canadian oil.
Imperial Oil sells Calgary HQ, cuts hundreds of jobs
Imperial Oil Ltd. has struck a deal to sell its massive Calgary headquarters as part of a global restructuring that will eliminate hundreds of positions in the city, marking a significant shift for one of Canada's energy giants.
Oil Steadies as U.S. Reimposes Venezuela Sanctions
Global oil prices found stability as the U.S. reinstated sanctions on Venezuela's oil industry, creating new uncertainty in energy markets while Middle East tensions continue to simmer.
Canada's Nuclear Crossroads: Powering the Future
As global electricity demand surges, Canada faces a critical energy dilemma. Can nuclear power bridge the gap between climate goals and energy security? Experts weigh in on the nation's atomic advantage.
Imperial Oil Profits Fall on Lower Crude Prices, Charges
Imperial Oil reports significant profit decline in Q4 2023 as lower crude prices and substantial impairment charges challenge Canada's energy sector. Discover how refining margins and production performed.
Natural Gas Rates Rising in Manitoba This November
Manitoba Hydro announces significant natural gas rate increase starting November 1st, impacting homeowners' winter heating costs. Learn how this affects your budget.
Cenovus-Husky Merger Vote Delayed Another Week
The crucial shareholder vote on Cenovus Energy's massive acquisition of Husky Energy has been postponed for another week, creating uncertainty in Canada's oil and gas industry during turbulent times.
Cenovus-Meg Energy Takeover Vote Delayed Amid Shareholder Concerns
Canadian oil sands giant Cenovus Energy's proposed acquisition of Meg Energy hits a snag as shareholders demand more time to evaluate the $2.8 billion deal amid industry consolidation.
Shell Beats Estimates with $7.7B Q2 Profit
Royal Dutch Shell delivers powerhouse Q2 2023 results, crushing analyst forecasts with $7.7 billion profit as strategic shifts and LNG demand fuel financial triumph.
NS Premier's First Trip as Energy Minister: Calgary & Houston
Nova Scotia's Premier Tim Houston embarks on his first official trip as energy minister, heading to Calgary and Houston to promote the province's energy potential and economic opportunities.
Cenovus-MEG Energy Deal Delayed Over Regulatory Inquiry
A crucial shareholder meeting to approve Cenovus Energy's $3.8 billion acquisition of MEG Energy has been postponed amid regulatory scrutiny from Canadian authorities, creating uncertainty in Alberta's oil sands sector.
Alberta Oil Crisis: Price Crash Sparks Layoffs and Cuts
Alberta's oil industry faces a perfect storm of plunging prices, massive layoffs, and spending cuts that could reshape Canada's energy landscape for years to come.
Shell Outperforms TotalEnergies in Q2 Earnings
Shell delivers stronger-than-expected quarterly profits while TotalEnergies falls short, as both energy giants navigate declining oil and gas prices in current market conditions.
IperionX Q1 2025: Strong Titanium Production Growth
IperionX reports robust quarterly results with significant progress in titanium production and strategic expansion in the United States, positioning for sustainable growth.
Canadian Oil Sands Outshining U.S. Energy Peers
A new report reveals Canadian oil sands companies are gaining competitive advantages over U.S. shale producers, with lower decline rates and stronger financial performance attracting investor attention.
Burnaby Refinery Shifts to US Control in $9.1B Deal
A major Canadian energy facility is changing hands as Calgary-based Parkland Corporation sells a significant portion of its business, including the Burnaby refinery, to American multinational Sinclair in a transformative $9.1 billion deal that reshapes We
Enbridge Maintains Major Chatham-Kent Presence
Windsor Mayor receives assurance from Enbridge CEO that the company will maintain significant operations in Chatham-Kent despite moving some staff to London.
Parex Resources Proposes GeoPark Acquisition
Canadian energy company Parex Resources announces strategic proposal to acquire GeoPark while revealing substantial 11.8% ownership stake, signaling major consolidation in Latin American oil and gas markets.
NL Premier Reviews Hydro-Quebec Power Deal
Newfoundland and Labrador's incoming premier launches sweeping review of controversial Churchill Falls power agreement with Quebec within weeks of taking office.
PEI's 10-Year Energy Plan Demands Grid Modernization
PEI's new decade-long energy blueprint calls for urgent electrical grid upgrades to support renewable energy expansion and ensure reliable power for Island residents and businesses.
Canada accelerates clean energy while backing pipelines
Canada is navigating a complex energy transition, rapidly expanding clean electricity while continuing to support fossil fuel infrastructure. Discover how the country plans to achieve net-zero grid by 2035 amid ongoing pipeline projects.
Capital Power Eyes Michigan Data Centre Amid Earnings Dip
Edmonton-based Capital Power reports Q2 earnings decline while exploring massive data centre opportunity in Michigan that could reshape its energy strategy.
Saskatchewan's $7B Nuclear Energy Breakthrough
Saskatchewan embarks on a transformative $7 billion nuclear energy partnership with Ontario Power Generation, positioning the province as Canada's next clean energy leader while creating thousands of jobs.
Caterpillar beats estimates as AI drives equipment demand
Caterpillar's Q2 earnings crush estimates as artificial intelligence data centers drive unprecedented demand for power generation equipment and backup systems.
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