Cenovus finalizes MEG Energy takeover deal
Cenovus Energy has officially completed its acquisition of MEG Energy, marking the end of a lengthy takeover process. The deal strengthens Canada's energy sector consolidation.
Category : Energy Sector
Blackstone invests US$1.2B in West Virginia power plant
Blackstone Group announces a major US$1.2 billion investment in a West Virginia power generation facility, signaling strong confidence in the North American energy sector.
Pipeline not on Ottawa's fast-track list, Alberta says
Alberta confirms an oil pipeline is absent from the latest federal fast-track list as sensitive negotiations with Ottawa continue. Read the latest on Canada's nation-building projects.
China's AI Lead Powered by Renewable Energy: HSBC
HSBC analysis reveals China's unique AI strength lies in its cheap, abundant renewable energy, not just semiconductors, giving it a critical cost advantage over the US and West.
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Carney's priorities skip Alberta-B.C. pipeline
Mark Carney's initial priorities, revealed in reports, show no mention of the Alberta to B.C. coast pipeline, a key project for the Smith government. Explore the implications for Canada's energy sector.
IEA: Oil Demand May Grow Beyond 2050
A new International Energy Agency scenario shows global oil demand rising past 2050 if current climate policies continue, reshaping investment outlook for Canada's energy sector.
Alberta Pipeline Missing From Federal Fast-Track List
Alberta Premier Danielle Smith confirms sensitive pipeline negotiations with Ottawa continue despite project's absence from federal fast-track list. Read latest updates.
Canada's Largest Battery Storage System Launches in Ontario
Ontario begins construction on Canada's largest battery energy storage system in eastern Ontario, marking a major step in renewable energy infrastructure. Learn about this groundbreaking project.
Baytex Energy sells Eagle Ford operations for $3.25B
Calgary's Baytex Energy is divesting its U.S. Eagle Ford operations in a major $3.25 billion deal, reshaping its North American portfolio. Discover the strategic implications for Canada's energy sector.
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IEA Warns of LNG Glut Risks as Supply Surges
The IEA reports a record wave of new LNG supply is coming, creating market risks. U.S. projects face the greatest exposure. Will demand keep pace? Read the analysis.
Diverse Energy Needed for Future Demand: Report
A new global report emphasizes the urgent need for diverse and resilient energy production to meet growing worldwide demand while ensuring sustainability and reliability.
Experts divided on benefits of Canadian LNG exports
As Canada enters LNG export market with first Kitimat shipment, experts debate economic benefits versus missed opportunities in global energy landscape.
Budget Fuels Canada's LNG Export Ambitions
Canada's new budget emphasizes LNG exports to boost economy and support allies. With global demand rising, Canada's natural gas can provide energy security.
Dominican Republic Hit by Complete Power Blackout
The Dominican Republic experiences nationwide blackout as emergency crews work to restore electricity. Latest updates on the power grid failure affecting millions.
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NS Power Ordered to Settle Outstanding Supplier Payments
Nova Scotia's energy regulator directs NS Power to immediately resolve overdue payments to suppliers. Learn about the implications for Nova Scotia's energy sector and consumers.
Global Oil Glut Looms, But Reversal Forces Emerge
Expert Rory Johnston analyzes the cooling oil demand and rising supply creating a potential global surplus. Discover the key market forces that could unexpectedly reverse this trend.
Shell fights LNG contract arbitration in New York court
Shell Oil contests arbitration ruling favoring Venture Global LNG over contract disputes. Legal battle intensifies in New York Supreme Court amid broader industry concerns.
Ukraine Nuclear Firm Unaffected by $100M Graft Probe
Ukraine's nuclear energy company confirms operations remain stable despite a major $100 million corruption investigation. Learn how the probe impacts energy security amid ongoing conflict.
MEG Energy reports $159M Q3 profit, down from 2024
Canadian oilsands producer MEG Energy reports $159 million in Q3 2025 profit, reflecting year-over-year decline amid changing market conditions. Learn how Alberta's energy sector is adapting.
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Schneider Electric Accelerates Decarbonization at COP30
Schneider Electric unveils Brazil's potential to lead global industrial decarbonization through electrification and digitalization at COP30, creating 760,000 new jobs.
Albertans Fund Canada $475B But Face Pipeline Barriers
Former Alberta minister Ted Morton reveals Albertans have contributed $475 billion more to Canada than received back, while federal policies block crucial pipeline projects to the West Coast.
Federal Minister's Calgary Visit Generates Pipeline Hope
Ottawa's finance minister visited Calgary Chamber amid signs of breakthrough in Alberta energy disputes. Potential pipeline agreement could reshape Canada's energy landscape.
Eric Nuttall: Natural Gas Offers Higher Certainty
Ninepoint Partners' Eric Nuttall shares his outlook on the natural gas and oil sectors, highlighting why natural gas presents a stronger investment case. Discover the key factors driving his analysis.
Two New Tidal Energy Projects Announced for Nova Scotia
Nova Scotia announces two new tidal energy initiatives in the Bay of Fundy to advance clean energy goals and reduce carbon emissions. Learn how this impacts Canada's renewable future.
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Nuclear startup Valar Atomics raises US$130 million
Valar Atomics, backed by Palmer Luckey and Lockheed Martin's director, secures US$130 million to build advanced nuclear reactors for AI data centres and military bases. Read about the nuclear energy boom.
Fossil Fuels Still Dominate Global Energy Despite Green Push
After 30 years and US$14.6 trillion in clean energy investment, fossil fuels power 80.6% of global energy. Canadian consumption actually increased. Leaders at COP30 must face reality.
Data Centres Stand Empty in Nvidia's Hometown
Two major data centre projects in Santa Clara, home to Nvidia, sit vacant due to power constraints, highlighting a critical challenge for the U.S. tech sector's AI boom. Learn why electricity is the new bottleneck.
LNG expansion may bring 200 more tankers to B.C. coast
A new report warns LNG expansion in B.C. could significantly increase tanker traffic, raising spill risks and air pollution concerns for over 800,000 residents. Learn the details.
Lukoil declares force majeure at Iraqi oilfield
Russian oil giant Lukoil invokes force majeure at Iraq's West Qurna-2 field following new sanctions, disrupting global oil supplies. Learn the impacts.
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Enbridge expands Mainline by 400,000 barrels daily
Enbridge reveals major pipeline expansion plans while Canadian Natural Resources outlines massive growth potential, signaling Canada's energy superpower ambitions. Read the latest developments.
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