A widespread power outage hit western Cuba on Wednesday, impacting millions from Havana to Camaguey. This is the second major blackout in three months, exacerbating the island's severe energy crisis linked to dwindling oil reserves and infrastructure issu
A widespread power outage has struck Cuba's western region, leaving millions of residents without electricity. The blackout highlights ongoing infrastructure challenges facing the island nation.
The federal government has agreed to cover the United Nations fees for the Bay du Nord offshore oil project, with costs potentially reaching $1 billion. Fisheries Minister Joanne Thompson announced the decision in St. John's.
A landmark agreement between eight provinces and two territories aims to connect Canada's fragmented electricity grids, enhancing energy security and reducing reliance on U.S. exports.
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New Brunswick and other Maritime provinces have signed onto a nearly nationwide energy grid agreement, aiming to enhance connectivity and reliability across Canada's energy infrastructure.
Gas prices in Canada have increased nine cents per litre since Saturday as the Iran conflict enters its fifth day. Energy expert Dan McTeague predicts further hikes and warns of inflationary pressure on goods across the economy.
Rising global energy prices triggered by the Iran conflict could provide Russia with additional revenue to sustain its military operations in Ukraine, analysts warn.
Jet fuel prices have surged globally, reaching over two-year highs in the U.S. and Asia, due to Middle East export disruptions from the Iran war, fueling inflation concerns.
U.S. shale executives caution that production increases from Texas will take months, as drillers prioritize investor returns over rapid expansion despite oil price surge.
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Saudi Arabia's defence ministry reports an attempted drone attack on the Ras Tanura oil refinery and terminal, a critical global energy hub, highlighting ongoing security threats in the region.
Motorists in Toronto face a sharp overnight increase in fuel costs, with industry experts warning of continued upward pressure on prices due to market volatility and supply factors.
The escalating U.S.-Israeli military engagement with Iran has led to significant disruptions in global oil and gas supplies, impacting energy markets worldwide.
U.S. President Donald Trump announces insurance and naval escort measures to ensure oil flow through the Strait of Hormuz as conflict with Iran disrupts global energy markets and regional stability.
National Bank economists argue that reopening TC Energy's Line 2 pipeline would enhance national security, strengthen East-West unity, and support industrial growth amid rising electricity demands.
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SHARC Energy announces commercial launch of its Back-Flush Only system with purchase order for Calgary wastewater treatment plant, expanding thermal energy recovery into new markets.
Global investors are preparing for potential energy price spikes and rising inflation as tensions in Iran escalate, with oil prices already surging to multi-year highs.
Canadian oil producers are locking in higher prices through hedging strategies as Middle East tensions push crude above $74, but capital expenditure plans remain unchanged for now.
Gas prices across the Maritimes surged overnight, with Halifax seeing significant increases. The sudden jump adds financial pressure as consumers face rising fuel costs amid broader economic challenges.
A major propane export terminal at Prince Rupert faces legal challenges over Indigenous consultations and exclusive cargo rights, potentially complicating Canada's energy export ambitions to Asia.
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A Winnipeg resident expresses concern that Manitoba Hydro's reduced electricity buyback rates for solar power are undermining the financial return on his solar panel investment, sparking debate over renewable energy incentives.
President Trump announces U.S. will provide insurance guarantees and naval escorts for oil tankers through the Strait of Hormuz to maintain global energy flow during Iran conflict, though implementation challenges remain.
Calgary and surrounding areas experience sharp increases at the pump as Middle East tensions disrupt global oil markets, with drivers bracing for further volatility.
A new analysis highlights the risks of Chinese investment in Canada's energy infrastructure, urging caution amid geopolitical tensions and economic uncertainties.
The Newfoundland and Labrador government and Equinor have signed a crucial benefits agreement for the Bay du Nord offshore oil project, marking a significant step forward in its development amid ongoing environmental debates.
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Alberta Premier Danielle Smith anticipates foreign capital, including from state-owned firms, will help fund a $20-30 billion pipeline to the B.C. coast, amid debates over Ottawa's approval.
A new study from Clean Prosperity indicates that most oil sands producers would see greater economic benefits from a new pipeline than increased carbon expenses under current regulations.
President Trump's State of the Union claims about low gas prices are contradicted by a sharp rise following strikes on Iran, with national averages exceeding $3 a gallon and oil prices spiking.
Energy Minister Tim Hodgson declares securing critical mineral supply chains a national security priority, detailing Canada's $12 billion investment to become an energy superpower.
Gas prices in the Greater Toronto Area are set to rise 12 cents over two days, with diesel soaring even higher. Experts link the spike to global conflicts and pipeline blockades in Canada.
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Global oil prices have jumped 6% to their highest levels since 2024, driven by escalating tensions in the Middle East. The surge impacts markets and raises concerns over energy security and economic stability worldwide.
