TC Energy Corp. CEO François Poirier indicates the company might reconsider involvement in the Ksi Lisims LNG pipeline project in British Columbia, citing improved prospects due to geopolitical tensions and global gas market shifts.
Global oil prices hold steady while stock markets show mixed results, driven by heightened concerns over energy supply disruptions due to the Iran conflict. Investors remain cautious amid inflationary pressures and geopolitical tensions.
Motorists across the Maritimes face higher fuel costs as overnight price adjustments push pump prices upward, compounding financial pressures on households and businesses.
As Qatar's LNG exports face disruptions due to Iran, industry experts urge British Columbia to increase natural gas production to meet global demand and stabilize energy markets.
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An economist notes that Albertans are likely to maintain their vehicle usage patterns even as gas prices climb above $1.60 per litre, driven by economic and cultural factors.
London, Ontario sees gas prices spike to $1.70 per litre, with analysts warning of potential impacts on food costs and broader economic pressures.
Iranian attacks have damaged Qatar's LNG infrastructure, cutting 17% of export capacity and causing $20 billion in annual revenue losses, with long-term supply disruptions to Europe and Asia.
SaskPower has received approval to construct a new power line connecting Saskatchewan's northern and southern electrical grids, enhancing reliability and supporting future energy projects.
Nouveau Monde Graphite's CEO Eric Desaulniers discusses the company's strategic advantage following a $459 million investment from the Canadian government, aimed at strengthening North American supply chains against Chinese dominance.
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Oil prices surged 10% and European gas jumped 35% after Qatar reported extensive damage to the world's largest LNG facility from Iranian strikes. Iran threatened regional energy infrastructure destruction and proposed Hormuz tolls.
QatarEnergy CEO reveals a recent Iranian attack has severely damaged LNG infrastructure, reducing Qatar's export capacity by 17% for up to five years, impacting global energy markets.
The escalating Iran conflict underscores the vulnerabilities in President Trump's oil-centric foreign policy, raising concerns about economic stability and national security as global markets react.
The war in Iran has caused severe disruptions to LNG supplies from the Persian Gulf, impacting emerging economies and threatening a prolonged global energy crisis.
As Middle East conflict drives oil prices higher, Alberta unions demand windfall taxes on energy companies, while industry warns such measures could drive away investment during volatile times.
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Alberta's electricity system faces growing reliability challenges amid extreme weather and rising demand. Energy storage technology offers solutions to stabilize the grid, integrate renewables, and reduce costs, positioning Alberta as a potential global l
President Donald Trump urges Israel and Iran to stop targeting energy infrastructure as Middle East conflict escalates, causing Brent crude to spike over 10% to $119 per barrel and European natural gas to surge 35%.
The European Union is urgently implementing measures to mitigate soaring energy costs triggered by the ongoing conflict in the Middle East, aiming to stabilize markets and protect consumers.
Diesel fuel prices in New Brunswick have experienced a sharp increase overnight, impacting consumers and businesses. This rise is attributed to global oil market fluctuations and local supply factors.
Global oil and natural gas prices have skyrocketed as Iran's attacks on Gulf energy facilities disrupt supplies, with Brent crude nearing US$114 per barrel amid market turmoil.
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TC Energy CEO François Poirier emphasizes the need for quicker project timelines to meet rising global demand for stable energy, highlighting challenges in infrastructure development and regulatory processes.
Global oil and natural gas prices surged dramatically after Iran attacked key energy infrastructure in Qatar and Kuwait, exacerbating fears of a prolonged energy crisis and widespread economic disruption.
Iran and Israel exchange attacks on key energy facilities in the Middle East, damaging Qatar's LNG plant and driving oil prices up 50% since the conflict began three weeks ago.
The world's largest natural gas field in Iran was targeted in strikes, prompting retaliatory attacks from Tehran. The incident marks a significant escalation in regional tensions, with global energy implications.
A joint study reveals that expanding Canada's oil pipeline capacity could boost GDP by $31.4 billion annually and support over 112,000 jobs from 2027 to 2035, offering a significant economic stimulus.
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As volatile oil prices drive up living costs, NorQuest College researcher Martin Boucher is addressing the growing energy affordability crisis for renters in Edmonton, focusing on policy gaps and community workshops.
Federal Minister Eleanor Olszewski and Alberta Premier Danielle Smith highlight strengthened federal-provincial ties while addressing rural leaders, with a pipeline application expected by June.
U.S. Vice President JD Vance is set to meet with an oil trade group, acknowledging a 'rough road ahead' for gas prices amid ongoing economic and energy sector discussions.
MBAK Energy Solutions begins international deliveries exceeding $290,000 monthly to Europe, India, and Zambia, including e-bicycles and battery storage systems.
Multiple Canadian commercial vessels remain stranded in the Persian Gulf as the ongoing blockade of the Strait of Hormuz disrupts global shipping routes and regional trade.
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TC Energy CEO Francois Poirier says Canada's energy project approval process remains too slow despite Prime Minister Mark Carney's reforms, calling for six-month permit timelines to compete globally.
