Brent crude oil prices have soared above $100 per barrel amid extreme volatility, as Iran's closure of the Strait of Hormuz disrupts global supply, prompting emergency measures and inflation fears.
Gas prices have increased in New Brunswick and Prince Edward Island, while remaining unchanged in Nova Scotia. This regional variation highlights ongoing economic pressures in Atlantic Canada.
The U.S. Treasury has authorized a 30-day license for countries to purchase Russian oil stranded at sea, aiming to stabilize global energy markets disrupted by the Iran war, alongside strategic reserve releases.
President Trump shifts stance on oil prices, calling high costs beneficial for the U.S. as Iran conflict disrupts the Strait of Hormuz, causing gasoline spikes and economic uncertainty ahead of midterms.
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Hydro-Québec implemented an innovative, never-before-tried technique to safeguard the electrical grid during Wednesday's severe ice storm, preventing widespread outages.
MDA Space Ltd.'s $300 million NYSE debut positions Canada's largest space tech firm to pursue acquisitions in U.S. and European markets while accessing space-focused American investors.
Oil prices skyrocket to over US$100 per barrel and global stocks plummet as the Iran-U.S. war intensifies, with no resolution in sight, impacting economies worldwide.
French energy giant TotalEnergies confirms a 15% production decline linked to the U.S.-Iran conflict and outages in the UAE, highlighting global energy market volatility.
Prince Edward Island announces a significant change to its petroleum pricing system, moving to twice-weekly adjustments in 2026 to better reflect market fluctuations and enhance transparency for consumers.
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Motorists in the Greater Toronto Area face another increase in fuel costs as industry analysts predict a sustained upward trend in gasoline prices throughout the region.
The International Energy Agency reports the largest oil supply disruption in history, driven by Middle East conflicts, with global economic impacts looming.
Techmer PM has published its comprehensive 2025 Sustainability Report, detailing advancements in sustainable materials innovation, operational efficiency, and community engagement initiatives.
The International Energy Agency states the Iran war is causing unprecedented turmoil, hitting 7.5% of global supply. Members released 400 million barrels from reserves to counteract chaos.
University of Calgary economist Trevor Tombe warns Alberta's budget volatility will intensify as global oil markets react to Middle East conflict, with prices potentially reaching $200 per barrel.
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The U.S. energy secretary has downplayed fears of oil prices soaring to $200 per barrel, citing market stability and supply factors. This comes amid global tensions and fluctuating energy demands.
Iran launched new drone and missile attacks on Gulf energy facilities, including fuel tanks and oil fields, causing crude prices to spike despite record reserve releases. The conflict has spread across the region with significant casualties.
Two oil tankers were struck in Iraqi waters, prompting suspension of oil terminal operations and evacuation orders at Omani ports, intensifying threats to global energy supply amid escalating Middle East conflict.
Global energy consultant Wood Mackenzie argues that oil prices must spike to at least $150 per barrel to destroy demand and rebalance markets facing unprecedented supply disruptions.
Aduro Clean Technologies announces a non-binding Letter of Intent with a global commodities trading company to evaluate Hydrochemolytic™ oil and support a Pilot-to-FOAK validation program for circular hydrocarbon production.
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The International Energy Agency reports the Iran war is causing unprecedented turmoil, slashing global oil supply by 8 million barrels daily and forcing emergency reserve releases.
University of Calgary economist Trevor Tombe warns Alberta's budget volatility will intensify as oil prices fluctuate dramatically, with deficits potentially swinging billions based on crude benchmarks.
As global oil prices surge, Canada's lack of a strategic energy reserve comes into focus. The country once considered building shared storage with the U.S., but the plan was scrapped when American officials backed out.
A.I.S. Resources Limited has appointed Afzaal Pirzada as Vice President of Exploration and engaged AI Metals Limited to analyze geophysical data at the Saint John Project in New Brunswick.
As the Iran war intensifies global energy needs, Canada faces both opportunities and limitations in becoming a stable oil and gas supplier to allies worldwide.
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The war in Iran has caused a global oil supply shock, disrupting Canadian grain exports and pushing up costs across the economy while boosting energy producers.
Global oil prices spike as Brent crude briefly exceeds $100 per barrel, driven by escalating attacks on shipping in the Strait of Hormuz and heightened supply fears.
Persistent Iranian assaults on maritime and energy infrastructure in the Middle East have triggered a surge in global oil prices, exacerbating regional instability and economic pressures.
Brent crude oil briefly exceeded $100 per barrel as Iranian attacks disrupt supply, prompting emergency reserves release and fueling stagflation fears globally.
Geopolitical tensions in the Strait of Hormuz have created a profit surge for Canada's oil industry, raising questions about whether this will translate into new pipeline investments or simply benefit shareholders.
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A 10,847-tonne liquefaction unit, described as the 'beating heart' of the Woodfibre LNG facility, has arrived at the Squamish site via heavy-lift ship, marking a key milestone toward the project's 2027 completion.
