New Brunswick's utility provider, NB Power, has publicly acknowledged significant risks of delays in its long-term IT system modernization, a crucial project tied to operational efficiency and future rate adjustments.
Military strikes against Iran have triggered a surge in crude oil futures and gasoline prices, with California experiencing the highest costs due to unique environmental regulations and limited supply chains.
Gas prices are climbing nationwide, but Quebec shows wide variation as some stations cut margins to stay competitive. This article explores the factors driving higher costs in Montreal.
Rising oil prices due to Middle East conflicts boost Canada's energy sector but risk higher inflation and household costs, creating a complex economic scenario.
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Lithium Argentina AG announces a 42% increase in measured and indicated lithium resources at its Cauchari-Olaroz operation in Argentina, supporting plans for expanded production capacity through Stage 2 development targeting an additional 45,000 tonnes an
Analysts forecast Canadian energy stocks will see disproportionate benefits as the Iran war disrupts global oil markets, with potential price spikes driving profits.
The Canadian government has formally requested the oil and gas industry to release strategic petroleum reserves to address global supply shortages and stabilize energy markets.
Credits and offsets in Alberta's TIER carbon market have dropped to US$30.60, reversing a rally that peaked in January, as negotiations with the federal government near an April 1 deadline.
French President Emmanuel Macron announces coordinated release of up to 400 million barrels from emergency oil reserves by G7 and IEA nations within days.
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Japan will release 80 million barrels from strategic oil reserves as Middle East conflict disrupts global energy markets and chokes the vital Strait of Hormuz shipping route.
Canada pledges to assist the International Energy Agency in releasing emergency oil reserves as Middle East tensions spike oil prices and threaten global supply chains.
Trans Mountain Corporation is accelerating plans to increase pipeline capacity by 300,000 barrels daily, responding to strong international demand for Canadian heavy oil amid geopolitical tensions.
The International Energy Agency's Fatih Birol emphasizes that supply shocks from conflicts like the Iran war underscore the vital role of strategic petroleum reserves in global energy security.
A potential U.S.-Israeli war with Iran could severely disrupt global energy markets, driving up fuel prices and impacting economies, especially in poor nations, with scenarios ranging from short-term spikes to long-term supply shocks.
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The International Energy Agency has agreed to a record-setting release of emergency oil stocks in a coordinated effort to stabilize global markets and ease surging energy costs.
The International Energy Agency announces its largest-ever emergency oil reserve release of 400 million barrels to stabilize markets disrupted by the Middle East conflict, with Germany and Austria among nations responding.
Alberta Premier Danielle Smith argues that Canada's vast oil reserves and political stability make it the world's only reliable energy partner amid Middle East conflicts and global supply disruptions.
Alectra Utilities announces a $46 million capital investment plan for 2026 to strengthen Mississauga's electricity infrastructure, improve reliability, and support the city's continued growth through system enhancements.
Iran issues a stark warning to global markets, predicting oil prices could surge to $200 per barrel amid geopolitical tensions, with potential impacts on inflation and energy sectors worldwide.
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Germany and Japan announce plans to release strategic petroleum reserves as the G7 signals readiness to stabilize global oil markets amid escalating Middle East tensions.
Canada is urgently exploring options with provinces and energy industry to increase oil output as Middle East conflict causes global crude market volatility. Rail shipments remain viable despite pipeline expansions.
Shell, TotalEnergies, and other energy companies have invoked force majeure clauses for clients receiving liquefied natural gas from Qatar, citing unforeseen supply disruptions, according to Reuters sources.
Shell, TotalEnergies, and Asian firms invoke force majeure on LNG deliveries to customers after QatarEnergy's production shutdown disrupts global supply chains.
Saskatchewan's upcoming budget faces uncertainty as oil price volatility from the Iran conflict complicates revenue projections, with petroleum exports critical to provincial finances.
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Pump prices on Prince Edward Island decreased overnight following an unscheduled adjustment, providing relief to drivers across the province.
The International Energy Agency is proposing a coordinated release of emergency oil stocks to address soaring energy prices driven by Middle East conflict, with G7 leaders set to discuss the measure this week.
The International Energy Agency is preparing to recommend a record-setting coordinated release of strategic petroleum reserves to stabilize global oil markets, according to Reuters sources.
NB Power indicates that Ontario's assistance at the Point Lepreau Nuclear Generating Station might help reduce electricity rates for New Brunswick customers.
Residents in Ottawa can anticipate lower gas prices soon, driven by a significant 15% drop in global oil prices and regional economic factors. This development offers relief amid ongoing cost-of-living concerns.
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Chinese refiners are paying premium prices for Canadian crude oil as the Iran War disrupts Middle Eastern supplies, giving Canadian barrels a $2-$3 advantage in Asian markets.
