Category : Energy Sector


U.S. Crude and Fuel Stocks Fall, EIA Says

The Energy Information Administration confirms a reduction in U.S. crude oil and fuel stockpiles, highlighting ongoing shifts in energy supply and market dynamics.

Teck's Earnings Jump on Copper Price Surge

Teck Resources Ltd. reported a significant increase in quarterly earnings, driven by soaring copper prices and higher revenue from byproducts. The company reaffirmed production guidance for its Quebrada Blanca mine.

Hydro-Quebec Proposes 13¢/kWh Rate for Data Centres

Hydro-Quebec has unveiled a new electricity rate proposal specifically targeting data centres, setting it at 13 cents per kilowatt-hour. This strategic move aims to attract tech investments while managing Quebec's energy resources effectively.

Cenovus Energy Q4 Profit Rises on Higher Production

Cenovus Energy announced a significant increase in fourth-quarter profit, attributed to higher production levels. The Canadian oil sands producer's performance highlights ongoing strength in the energy sector.

SaskPower to Buy Power from K+S Potash Facility

SaskPower has signed a power purchasing agreement with K+S Potash Canada to acquire up to 62 megawatts of electricity from a natural gas facility at the Bethune mine, starting in late 2026.

Congo State Miner Strikes Copper Deal with Glencore's KCC

Gecamines, the Democratic Republic of Congo's state mining company, has negotiated rights to market significant copper output from Glencore's Kamoto Copper Co. mine, expanding its role in global copper trading amid booming production.

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