Nova Scotia Heating Oil Firms Adjust to Price Swings
Heating oil providers in Nova Scotia are implementing strategic adaptations to manage unpredictable price shifts, impacting both business operations and consumer costs in the region.
Category : Energy Sector
Smith Pushes New Pipelines, Offers U.S. 'First Dibs' on Canadian Oil
Alberta Premier Danielle Smith promoted Canadian oil as key to U.S. energy security at CERAWeek, calling for new cross-border pipelines and suggesting American buyers could get priority access to exports.
U.S., Canada Work on Permits for Partial Keystone XL Revival
The United States confirms it is working with Canadian officials on permitting processes for a proposed partial revival of the Keystone XL pipeline, amid ongoing energy sector discussions.
Canadian Energy Firm May Fill Qatar LNG Supply Gap
A Canadian energy company is being considered as a potential partner to address Qatar's liquefied natural gas supply challenges, amid global energy shifts.
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Gas Prices to Drop 13 Cents Wednesday, Analyst Predicts
Gas analyst Dan McTeague forecasts a significant 13-cent per litre drop in GTA gas prices on Wednesday, with diesel falling 20 cents, before prices rebound on Thursday.
Canada Discusses Keystone XL Revival with Trump Officials
Canadian officials have initiated talks with the Trump administration regarding the possible revival of the Keystone XL pipeline project, a major cross-border energy initiative previously canceled.
Canada Boosts Gas Exports to U.S. for AI and LNG Growth
Energy Minister Tim Hodgson advocates for increased natural gas flows to the United States to support Gulf Coast LNG exports and meet rising power needs from AI data centers, amid global energy market shifts.
Canada Proposes More LNG to Power U.S. AI Expansion
Canadian Energy Minister Tim Hodgson discusses boosting natural gas shipments to the U.S. to support AI data centers and maintain oil flow amid Middle East conflicts.
Regina Refinery Turnaround Scheduled for Mid-April
The Co-op Refinery Complex in Regina will undergo a planned maintenance turnaround starting in mid-April 2026, part of regular operational procedures to ensure safety and efficiency.
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ATCO Invests $10M in Nunavut Port-Road Project
ATCO announces a $10 million investment to support the development of a critical port-and-road project in Nunavut, enhancing northern infrastructure and economic opportunities.
Traders Bet $500M on Oil Before Trump's Iran Attack Delay Post
Oil futures traders made a massive $500 million wager on rising crude prices moments before former President Trump announced a delay to a planned Iran attack, sparking market speculation.
Philippines Declares National Energy Emergency
The Philippines has declared a national energy emergency, implementing a four-day work week and other measures to conserve fuel as oil prices soar globally.
Texas Refinery Explosion: Fire Out, Shelter Order Lifted
Emergency crews have extinguished a major fire following an explosion at the Valero Port Arthur Refinery in Texas. Authorities have lifted the shelter-in-place order for nearby residents as the situation stabilizes.
Oil Supply Chain Crisis Looms as Middle East Conflict Escalates
Energy economist Peter Tertzakian warns that escalating conflict in Iran has severely damaged Middle East oil infrastructure, threatening global supply chains and forcing Canada to develop strategic energy plans.
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Boralex Explores Going Private as Shares Lag
Canadian renewable energy firm Boralex is evaluating options to go private, with shares trading at half their 2021 peak. The company has a $3 billion market value and operates across multiple countries.
Asia Boosts Coal Use as Iran War Hits Global LNG Supplies
Businesses across Asia are ramping up coal consumption as the conflict in Iran disrupts global liquefied natural gas supplies, driving a shift toward more carbon-intensive energy sources.
Gas Prices to Drop 13 Cents per Litre in Ottawa
Motorists in Ottawa can expect a significant 13-cent-per-litre decrease in gas prices this week, providing relief amid ongoing cold temperatures and economic pressures.
Texas Oil Refinery Explosion Triggers Shelter-in-Place Order
A large explosion at a Valero refinery in Port Arthur, Texas, forced residents to shelter in place, with no injuries reported. Officials are monitoring air quality as fire crews respond.
Boralex Conducts Strategic Review of Business Alternatives
Canadian renewable power producer Boralex announces a comprehensive strategic review to evaluate alternatives, including potential asset sales or partnerships, as it navigates market shifts.
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Texas Oil Refinery Explosion Forces Shelter-in-Place Order
A significant explosion at the Valero Port Arthur Refinery near the Texas coast has prompted urgent shelter-in-place directives for local residents, with authorities responding to the emergency incident.
Oilsands Tax Policy: No Special Breaks, Standard Rules
Kim Moody argues that oilsands companies operate under the same tax regulations as all Canadian businesses, criticizing selective narratives that target the energy sector while ignoring its economic contributions.
Diesel Prices Spike on Prince Edward Island
Diesel fuel costs have risen sharply on Prince Edward Island, driven by global market volatility linked to geopolitical tensions and supply chain disruptions, impacting local consumers and businesses.
Ford Pushes Billy Bishop Airport Expansion for Economic Growth
Ontario Premier Doug Ford announces legislation to expand Billy Bishop Toronto City Airport, aiming to boost jobs and economic activity despite opposition from critics.
Metro Vancouver Gas Prices May Drop This Week: Analyst
An energy analyst forecasts a potential decline in gasoline prices across Metro Vancouver this week, offering relief to consumers amid fluctuating fuel costs.
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US Pays $1B to Cancel Offshore Wind, Funds Fossil Fuels
The Trump administration will refund $1 billion to TotalEnergies to abandon two major offshore wind projects, redirecting funds to fossil fuel development. Environmental groups condemn the deal as a taxpayer-funded blockade against renewable energy.
Copper Jumps After Trump Postpones Iran Strikes, Markets React
Copper prices climbed sharply after President Trump postponed U.S. strikes on Iranian energy assets, boosting market sentiment amid ongoing Middle East conflict and inflation concerns.
Metro Vancouver Gas Prices to Drop This Week: Analyst
A gas analyst recommends Metro Vancouver drivers delay fueling up as prices are projected to decline this week. The forecast comes amid broader economic trends affecting fuel costs in the region.
Canada's Pipeline Plan Attracts Middle Eastern, Asian Interest
Alberta Premier Danielle Smith reports growing international interest from Middle Eastern and Asian investors in Canada's pipeline infrastructure projects, highlighting economic opportunities.
Qatar LNG Disruption Could Boost Canadian Energy Projects
A major energy outage in Qatar, a top global LNG supplier, could make Western Canada's liquefied natural gas projects more attractive to international buyers and governments, though development timelines remain lengthy.
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Gas Prices Soar, Governments and Companies Offer Financial Aid
Gas prices in Canada have surged to an average of 172.4 cents per litre, driven by the Iran war, leading to federal aid for farmers and corporate programs like DoorDash's driver support.
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