Canada's $12B Critical Minerals Push for National Security
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.
Category : Energy Sector
GTA Gas Prices Jump 12 Cents, Diesel Doubles
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.
Oil Prices Soar 6% to Highest Since 2024 on Middle East Conflict
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.
Mideast War Drives Up Europe Gas Prices, Highlights Canada's Role
The ongoing conflict in the Middle East is causing a sharp increase in European natural gas prices, underscoring Canada's strategic opportunity to expand its energy exports and stabilize global markets.
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Saskatchewan Gas Prices Rise Amid Iran Conflict
Saskatchewan motorists are preparing for increased gasoline prices as global oil markets react to escalating tensions in Iran, impacting local fuel costs.
Nova Scotia Adjusts Gas and Diesel Prices
Nova Scotia is implementing a price change for gasoline and diesel this Wednesday through its interrupter clause mechanism, affecting fuel costs across the province.
Strait of Hormuz Tensions Rise Amid Iran Conflict
As the Iran conflict widens, global attention turns to the Strait of Hormuz, a critical oil chokepoint. Experts analyze potential impacts on energy markets and geopolitical stability.
Gas Prices Rising, Future Unpredictable: Expert
A fuel industry expert explains that gas prices are increasing due to global conflicts and market volatility, but predicting the exact extent remains challenging.
Canada Pumps $3.5B into Critical Minerals Projects
The Canadian government is deploying $3.5 billion in funding and programs to boost critical minerals projects, including infrastructure upgrades and a sovereign fund, aiming to position Canada as a global alternative to China.
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Ottawa Gas Prices to Rise 6-12 Cents per Litre
Ottawa drivers face imminent gas price hikes of 6-12 cents per litre, driven by Middle East conflicts affecting global oil markets and local supply dynamics.
Aramco Eyes Red Sea Exports to Avoid Hormuz Strait
Saudi Aramco is considering shifting oil exports to the Red Sea port of Yanbu as Middle East conflicts disrupt Persian Gulf shipping, with Saudi production at 10 million barrels daily.
Oil Surges as Middle East War Disrupts Shipping Routes
Global oil prices have jumped 18% in two days as conflict between the U.S., Israel, and Iran disrupts shipping through the Strait of Hormuz, threatening energy supplies and economic stability worldwide.
IEA Ready to Stabilize Oil Market Hit by Iran War
The International Energy Agency is prepared to help stabilize global oil markets following the Iran conflict, with member countries holding over a billion barrels in emergency stockpiles, according to a document seen by Bloomberg News.
Norway Wealth Fund's First U.S. Renewable Energy Investment
Norway's massive sovereign wealth fund has announced its inaugural investment in U.S. renewable energy assets, marking a significant strategic shift toward sustainable infrastructure.
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Venture Global Shares Jump as Court Rejects Shell's LNG Challenge
A U.S. court has dismissed Shell's legal challenge against a key LNG export ruling, triggering a significant stock price increase for Venture Global LNG. The decision reinforces regulatory support for the company's export operations.
Aramco Seeks to Reroute Crude Away from Hormuz Strait
Saudi Arabia's state oil giant is exploring alternative shipping routes to bypass the Strait of Hormuz, a critical chokepoint, amid regional tensions, according to Reuters sources.
Energy Costs Soar Amid Iran Crisis Disrupting Supply
Global energy prices are skyrocketing as the Iran conflict disrupts shipping lanes and oil and gas production, impacting markets worldwide and raising economic concerns.
Alberta's Caution in China Energy Trade After Carney-Xi Deal
Alberta Premier Danielle Smith faces risks as PM Mark Carney's MOU with China opens energy investment, highlighting concerns over state-owned firms and labor practices.
Iran War Drives Up Oil Prices, Hits Alberta Budget
Geopolitical tensions in the Middle East have caused oil prices to surge above Alberta's budget forecast, creating volatility for Canadian energy companies and provincial finances.
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Iran Conflict Impacts Winnipeg Gas Prices, Fueling Concerns
The escalating conflict in Iran is causing a surge in global oil prices, directly affecting fuel costs for Winnipeg drivers and reigniting debates over Canada's energy security and pipeline infrastructure.
LNG Revenue Saves B.C. from Deeper Fiscal Crisis in Budget
British Columbia's 2026 budget shows a $13.3 billion deficit and rising debt, with LNG royalties forecast to increase significantly, highlighting the industry's role in funding public services.
Iran Conflict Could Spike Maritime Gas Prices
Escalating tensions in the Middle East, particularly involving Iran, are disrupting global oil supplies, raising concerns about increased fuel costs for Atlantic Canada.
Poilievre: Mineral Stockpile Only for Tariff-Free Allies
Conservative Leader Pierre Poilievre announced during his London speech that a future government would limit access to a national energy and critical mineral reserve exclusively to allies with free-trade agreements during crises.
Smith: Iran Conflict Underscores Need for New Canadian Pipeline
Alberta Premier Danielle Smith argues that escalating tensions in Iran highlight the urgency for Canada to build a new pipeline, emphasizing energy security and economic stability.
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Hydrogen Firm Seeks Creditor Protection After Land Revocation
A hydrogen energy company in Newfoundland and Labrador has filed for creditor protection following the provincial government's decision to reclaim Crown land, raising questions about the project's future.
Frontier Lithium Inks Deal with Japan's Panasonic Energy
Frontier Lithium has signed a memorandum of understanding with Panasonic Energy to supply lithium from its Northern Ontario projects, marking a significant step in the electric vehicle battery supply chain.
Hydro One Outage Affects 12,000 on Manitoulin Island
A planned emergency power outage by Hydro One on March 2, 2026, will disrupt service for approximately 12,000 customers across Manitoulin Island and surrounding areas, highlighting infrastructure maintenance needs.
Alberta Deficit Outlook Shifts as Oil Prices Surge After Iran Strike
Alberta's deficit outlook is changing rapidly as oil prices surge following U.S.-Israel joint strikes on Iran. Finance Minister Nate Horner says gains will apply to Q4, with potential impact on the province's fiscal position.
Gas Prices Set to Surge Soon Amid Global Oil Volatility
Analysts predict a significant rise in gas prices in the near future, driven by global oil market disruptions and supply chain issues affecting fuel costs.
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Canada Oil Safer Bet as Iran Strikes Rattle Global Supply
Eric Nuttall highlights Canada's oil stability during Middle East conflicts, with global supply disruptions driving prices higher and underscoring Canada's role as a secure energy producer.
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