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.
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.
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.
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.
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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.
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 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.
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.
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.
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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.
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.
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.
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.
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.
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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 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 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.
Pembina Pipeline Corp. has approved two new pipeline projects while reporting a dip in quarterly earnings, highlighting strategic growth amid financial challenges.
Foremost Clean Energy Ltd. has signed a landmark exploration agreement with Kiciwapa Cree Nation, establishing a framework for responsible mineral exploration in Manitoba with environmental and community commitments.
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Prime Minister Mark Carney arrives in Mumbai to strengthen Canada-India energy ties, focusing on uranium exports and comprehensive trade agreements to support India's nuclear power expansion.
Fuel costs have decreased in Atlantic Canada, providing relief after a midweek price surge. The fluctuation highlights ongoing volatility in regional energy markets.
Alberta's budget remains heavily dependent on oil royalties, with non-renewable resource revenues projected to constitute 18% of total revenue over the next two years. However, subdued North American oil prices are creating significant deficits.
The Saint John LNG terminal in New Brunswick has received a significant shipment from Australia, marking a key development in Canada's energy infrastructure and international trade relations.
The Building Ontario Fund is deploying innovative financing models to jumpstart critical projects like small modular nuclear reactors, with plans to sell stakes once operational to attract private capital.
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Nova Scotians will soon have an additional electricity provider option as the Mersey River Wind Project advances, promising more renewable energy choices and competitive rates.
As geopolitical tensions reshape energy trade, Canada's oil sector faces both challenges and opportunities. With job losses but rising production, strategic adaptation and emissions reduction become critical for attracting investment.
Hydro-Québec announced a net income of $2.9 billion for 2025, marking a 9% increase, as the utility continues to play a key role in Quebec's energy sector.
Hydro-Québec announced a solid financial performance for 2025, with net revenue increasing by 9% to $2.9 billion and power outages decreasing by 6%. The utility contributed $26.1 billion to Quebec's GDP.
Corporate claims of 100% renewable electricity often mask the reality of grid reliability, which depends on dispatchable fossil fuel backup that all consumers pay for through hidden costs.
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A new pipeline project could increase Canada's oil export capacity by 550,000 barrels daily, utilizing existing Keystone XL infrastructure and requiring U.S. approval.
