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.
Category : Energy Sector
Middle East Conflict Drives Up Ottawa Gas Prices
Escalating tensions in the Middle East are causing global oil supply disruptions, leading to significant gasoline price increases in Ottawa as analysts warn of further spikes.
Strait of Hormuz: Key Global Energy Chokepoint
The Strait of Hormuz, a narrow maritime passage, is essential for global oil supply. Recent disruptions due to conflict in Iran have caused oil price spikes, highlighting its strategic importance.
Middle East Conflict May Severely Impact GTA Gas Prices
An energy analyst warns that escalating tensions in the Middle East could significantly drive up gasoline prices across the Greater Toronto Area, creating uncertainty for consumers.
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Ring of Fire Road to Finish Five Years Ahead of Schedule
The Ontario government has unveiled an ambitious plan to fast-track the construction of all-season roads to the Ring of Fire mineral-rich region, aiming for completion five years earlier than initially projected.
Mid-East Conflict Fuels Surge in Global Oil and Fuel Prices
The intensifying conflict in the Middle East, involving attacks on Arab states and U.S. bases, is disrupting oil supply chains and pushing crude and fuel costs upward globally.
Atlantic Canada Energy Isolation Worsens Amid Pipeline Issues
Atlantic Canada faces worsening energy isolation as pipeline access contracts expire and Quebec separatism resurges, threatening regional growth and national energy sovereignty.
Cameco's $2.6B Uranium Deal with India Announced by Premier Moe
Saskatchewan-based Cameco Corporation has signed a major long-term uranium supply agreement with the Government of India, valued at $2.6 billion, as announced by Premier Scott Moe.
Gas Prices Surge as Qatar Shuts World's Largest LNG Plant
European gas futures surged over 50% after Qatar halted production at the world's largest LNG export facility following an Iranian drone attack, threatening global energy security.
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Energy Prices Surge as Supply Chain Disruptions Rattle Markets
A combination of tanker route disruptions and unexpected facility shutdowns has triggered a sharp increase in global energy prices, impacting markets worldwide and raising concerns over supply stability.
Foreign Investment May Back New Alberta Pipeline Project
Alberta Premier Danielle Smith indicates state-owned foreign investors might finance a proposed oil pipeline to British Columbia, with analysts noting the necessity of overseas capital for the $20-30 billion project.
Saudi Oil Refinery Halts After Drone Attack
Aramco has suspended operations at the Ras Tanura refinery, Saudi Arabia's largest oil facility, following a drone strike. The incident has triggered significant spikes in gasoil futures and crude oil prices, highlighting vulnerabilities in global energy
Iran Conflict Sparks Historic Energy Crisis, Oil Prices Could Surge
The Strait of Hormuz, a critical oil shipping lane, faces disruption amid escalating Iran conflict, potentially driving crude prices above $100 per barrel and creating the biggest energy market crisis in decades.
Asian LNG Market Weakness Impacts B.C. Project Decisions
LNG Canada's Phase 2 expansion and Ksi Lisims LNG face final investment decisions amid Asian market weakness and global supply glut, with analysts suggesting strategic patience.
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Cameco Signs $2.6B Uranium Deal with India
Canadian uranium giant Cameco Corporation has finalized a landmark $2.6 billion agreement to supply India with 11,000 tonnes of reactor fuel from 2027 to 2035, marking a significant reset in bilateral relations.
Oil Could Hit $100 as Iran Conflict Threatens Key Shipping Lane
Escalating Middle East tensions threaten the Strait of Hormuz, a critical oil chokepoint handling 30% of global seaborne crude, potentially triggering the biggest energy crisis in decades and pushing oil prices to $100 per barrel.
Saudi Arabia Halts Ras Tanura Refinery Operations
Saudi Arabia has temporarily suspended some operations at its massive Ras Tanura oil refinery, a critical global supply hub, as regional conflicts escalate following U.S.-Israel strikes on Iran.
Oil Prices Spike After Middle East Attacks Disrupt Supply
Global oil markets experienced a sharp increase in prices after recent attacks in the Middle East disrupted energy supplies, raising concerns about market stability and economic impacts worldwide.
Oil Prices Surge Amid Middle East Conflict Disruptions
Oil prices jumped sharply as U.S. and Israeli attacks on Iran and retaliatory strikes threaten Middle East oil exports, particularly through the critical Strait of Hormuz, with OPEC+ announcing increased production.
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OPEC+ Boosts Oil Output After Iran Attacks
The OPEC+ alliance has decided to raise oil production in response to supply concerns following recent attacks on Iran and regional instability, impacting global markets.
Trump Iran Strikes Threaten Global Oil Markets and Hormuz
President Trump's military action against Iran creates significant risks for global oil supplies, with Iran's strategic position along the Strait of Hormuz threatening 20% of world crude shipments.
Calgary Power Outage Affects 11,000+ Homes
A significant power outage has impacted more than 11,000 households in Calgary's Riverbend, Acadia, and Maple Ridge neighborhoods, with Enmax working to restore electricity.
Hydro-Québec Projects May Drive Up Electricity Rates
Consumer associations in Quebec are urging the Energy Board to strengthen oversight as Hydro-Québec's new projects threaten to raise electricity costs for residents and businesses.
Trump's Iran Strike Escalates Oil Market Risks and Supply Threats
President Trump's military action against Iran heightens dangers for global oil supplies, particularly through the critical Strait of Hormuz, impacting OPEC producers and energy markets worldwide.
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Oil Prices Volatile After U.S.-Israel Strikes on Iran
Geopolitical tensions escalate as U.S. and Israeli military actions against Iran create uncertainty in global oil markets, with analysts predicting significant price swings in the coming week.
Pembina Takes Go-Slow Approach to Natural Gas Pipeline Buildout
Calgary-based Pembina Pipeline Corp. is implementing a measured, phased strategy for its natural gas pipeline expansion, prioritizing regulatory compliance and market stability over rapid deployment.
TransAlta Teams with Brookfield, CPPIB on Data Centre Venture
Alberta's largest electricity producer TransAlta has signed a memorandum of understanding with Brookfield Corp. and Canada Pension Plan Investment Board to develop a data centre project at its Keephills generation station, with potential for up to a gigaw
MAX Power Drills Second Natural Hydrogen Well in Saskatchewan (27.02.2026)
MAX Power Mining Corp. has commenced drilling at its Bracken site, 325 km from the Lawson Discovery, to test basin-scale natural hydrogen continuity and advance its AI predictive platform.
New Brunswick Imports Australian LNG Despite Domestic Gas
New Brunswick is importing liquefied natural gas from Australia, highlighting Canada's energy sector challenges despite sitting on massive domestic reserves that remain untapped due to regulatory hurdles.
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Pembina Green-Lights Pipelines, Reports Earnings Dip
Pembina Pipeline Corp. has approved two new pipeline projects while reporting a dip in quarterly earnings, highlighting strategic growth amid financial challenges.
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