StatCan GDP Report to Reveal Iran War Economic Effects
Statistics Canada's first quarter GDP report will reveal early economic impacts of the Iran war, affecting oil markets and trade.
Category : Energy Sector
Alberta Energy Roundtable: Oil and Gas Leaders Discuss Future
Alberta energy leaders gather for a roundtable to discuss pipelines, federal regulations, and the future of the oil and gas industry in Canada.
BRP Lowers 2027 Profit Guidance Amid Tariff Woes
BRP Inc. slashed its 2027 profit guidance by nearly half due to US tariff changes, despite Q1 revenue growth. The company now expects profits between $215M and $250M.
Alberta pipeline to B.C. will cost oil sector $100 billion
Imperial Oil CEO John Whelan says Alberta's proposed pipeline to B.C. will require over $100 billion in industry investment for production, shipping, and carbon capture.
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N.B. Energy Board Approves Gas-Fired Plant in Centre Village
New Brunswick's energy board has approved a new gas-fired generation plant in Centre Village, sparking debate over energy transition and environmental impact.
Ontario Unveils 10-Year Defence Industry Growth Plan
The Ford government announced a new framework to grow Ontario's defence industry over the next decade, aiming to boost innovation, jobs, and economic development.
Gas Prices Dropping as Peace Talks Continue, Says Expert
Gas prices are falling as peace talks progress, according to the president of Affordable Energy. Drivers may see relief at the pumps soon.
World shares fall, oil jumps over $2 after US strikes on Iran
Global markets declined sharply and crude oil surged more than $2 per barrel following U.S. military strikes on Iran, escalating geopolitical tensions.
BC-Germany LNG Deal: Impact on Canada's East Coast
British Columbia's LNG deal with Germany sparks questions about similar opportunities for Canada's East Coast, including potential economic and environmental impacts.
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Allies 'Begging' for Canadian Energy: Hodgson on LNG Deal
Canada's energy minister announces a long-term LNG deal with Germany, highlighting global demand for Canadian resources amid energy security concerns.
Canada Turns to Europe for Aluminum Amid Iran War
Canada shifts aluminum imports from the US to Europe as the Iran war drives prices higher. The move aims to stabilize supply amid global disruptions.
German Utility to Buy 1M Tonnes LNG from Ksi Lisims
A German utility has signed an agreement to purchase one million tonnes of liquefied natural gas per year from the Ksi Lisims LNG project in British Columbia.
Airbus Plans Helicopter Production in Canada for Global Exports
Airbus SE is considering building helicopters in Canada for global export if it wins upcoming government contracts, leveraging Canada's defence spending increase and industrial strategy.
Hodgson to Announce Major Energy Export Plan in Vancouver
Minister Tim Hodgson will make a significant international energy export announcement in Vancouver, highlighting Canada's role in global energy markets.
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Winnipeg Firefighters Tackle Major Shipping Container Fire
Winnipeg firefighters responded to a significant fire involving shipping containers on Messier Street. The blaze required a large response from emergency crews.
Memory Chip Stocks Surge: SK Hynix, Micron Hit $1 Trillion
SK Hynix and Micron join the $1 trillion market cap club as memory chip demand surges due to AI boom. SK Hynix rose 9.3%, Micron 19%.
Inside Nutrien's Pilot Plant: Testing New Potash Methods
A look inside Nutrien's pilot plant in Saskatoon, where researchers are developing innovative techniques to improve potash production efficiency and sustainability.
Germany-Canada LNG Deal Boosts Ksi Lisims Investment Case
Premier Eby says a reported Germany-Canada LNG deal strengthens the investment case for the Ksi Lisims project, highlighting economic and environmental benefits.
Exxon, ConocoPhillips Seek Safeguards for Venezuela Return
Exxon and ConocoPhillips negotiate with Venezuela for durable contracts and debt resolution, aiming to tap vast oil reserves as the country seeks stability.
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SEFE Deal Strengthens B.C.’s Ksi Lisims LNG Project
Germany's state-owned utility SEFE has reached a financial agreement to support the Ksi Lisims LNG project in British Columbia, enhancing global LNG scheduling flexibility.
Aluminum hits four-year high on China output cut fears
Aluminum prices surged to their highest in over four years due to concerns over Chinese production cuts and ongoing Middle East disruptions.
NB Power Substation Theft Causes Outage on Deer Island
A theft at an NB Power substation on Deer Island caused a widespread power outage, leaving residents without electricity. The utility is investigating and working to restore power.
Canada to Sign LNG Deal with Germany's SEFE
Canada is set to finalize a deal with Germany's SEFE for the Ksi Lisims LNG project, according to a Reuters source. The agreement marks a key step in energy cooperation.
Germany, Canada to Sign Major LNG Deal for Energy Security
Canada will supply Germany with LNG from the $10B Ksi Lisims project in British Columbia, as Europe seeks alternatives to Russian and Middle Eastern gas.
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US Emergency Oil Cargo Heads to Asia in 3 Years
A crude oil tanker from the US emergency reserve is en route to Asia, marking the first such shipment in over three years. The move aims to stabilize global oil markets.
Airdrie Power Outage Affects Over 800 Homes
A power outage in Airdrie has left 827 homes without electricity, primarily in northwest and northeast areas, including rural properties. Fortis Alberta is working to restore power.
BP Ousts Chair Manifold Over Governance Issues
BP has unexpectedly removed Chair Albert Manifold, citing unnamed governance problems, in a major shakeup at the energy giant.
BP Ousts Chairman Over Misconduct
BP has removed Chairman Albert Manifold, citing conduct issues. The surprise move comes amid broader corporate reshuffling and financial challenges.
Aduro Clean Technologies Starts TSX Trading Under ACT
Aduro Clean Technologies receives TSX listing approval, trading begins May 27 under symbol ACT, delisting from CSE while maintaining Nasdaq and Frankfurt listings.
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BP Removes Chairman Albert Manifold in Surprise Move
BP has unexpectedly removed Chairman Albert Manifold, signaling major boardroom changes. The move comes amid broader corporate shifts and market reactions.
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