Construction Season Starts in North Bay with Wastewater Work
Construction season has begun in North Bay, starting at the wastewater treatment plant on Memorial Drive. The project aims to upgrade infrastructure and improve local water management.
Category : Energy Sector
U.S. Businesses Face Rising Costs Amid Iran War
U.S. businesses are grappling with rising costs due to the Iran war, with economists warning of further economic strains ahead as supply chains and energy prices are affected.
Copper Surges Near Record High Amid Middle East Tensions
Copper jumps most in a month, nearing record intraday high as it shrugs off US-Iran deadlock over Hormuz Strait, with tight supply and China demand driving gains.
Trans Mountain and Ottawa See Case for Permanent Ownership
Trans Mountain and its federal parent argue for permanent government ownership of the pipeline, citing strategic and financial benefits.
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Constellation Energy Tops Profit Estimates on Strong Power Demand
Constellation Energy exceeded profit forecasts in Q1 2026, driven by robust power demand and its acquisition of Calpine, while reaffirming its full-year outlook.
Oil prices rise amid Iran war, US stocks near records
Oil prices climb as conflict in Iran persists, while US stock markets edge toward new highs. Canadian markets also rise amid mixed economic signals.
China's Marriages Drop to Decade Low, Deepening Demographic Woes
China's marriage registrations fell to a ten-year low in 2025, intensifying demographic challenges as the country faces an aging population and declining birth rates.
Gold Gains as U.S.-Iran Talks Stall Over Hormuz
Gold prices advanced as U.S.-Iran negotiations faced setbacks, with traders weighing geopolitical tensions and inflation risks. The dollar and bond yields trimmed gains, supporting bullion.
Second Phase of Feeder Main Replacement Begins in Calgary
The next phase of the Bearspaw South Feeder Main replacement starts in May, with completion expected by October. The new line aims to prevent further water crises.
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Bearspaw South Feeder Main Stage B Work Starts May 11
The City of Calgary announces Stage B of the Bearspaw South feeder main replacement, starting the week of May 11, 2026, to upgrade critical water infrastructure.
Silver Prices on Path to Recovery, Analysts Say
Silver prices may be recovering as market conditions improve. Analysts note silver's role as a byproduct of other metals and its potential for growth.
WhiteHawk Revenue Surges Sevenfold in U.S. IPO Filing
Natural gas firm WhiteHawk reveals a sevenfold revenue increase in its U.S. IPO filing, signaling strong growth and market interest.
B.C.'s 2027 Natural Gas Royalties: What You Need to Know
British Columbia's updated natural gas royalty regime, set for 2027, aims for fair value and economic development, but industry raises concerns over extra royalties at higher prices.
Asia Braces for Second Wave of Energy Shocks from Iran War
Asia is preparing for another round of energy disruptions as the Iran war escalates, threatening global oil supplies and economic stability.
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Oil Surges as Hormuz Stays Shut After Trump Rejects Iran
Brent crude rose near $106 a barrel after Trump rejected Iran's peace proposal, prolonging the Strait of Hormuz closure and worsening the supply crisis.
Barrick Gold Q1 Profit Surges to US$1.6 Billion
Barrick Gold posts first-quarter profit of US$1.6 billion, a significant increase from US$474 million a year earlier, driven by higher gold prices and operational improvements.
Alberta premier: carbon price framework with PM Carney largely in place
Premier Danielle Smith believes a framework for a federal-provincial agreement on Alberta's industrial carbon price has been reached with Prime Minister Mark Carney, and that Carney supports a new oil pipeline to the Pacific Coast.
Asian shares mixed, oil jumps 3% after Trump rejects Iran ceasefire
Asian shares were mixed on Monday as oil prices surged 3% following President Trump's rejection of Iran's response to a ceasefire proposal, escalating tensions in the Middle East.
Oil Jumps $3 on US-Iran Stalemate, Hormuz Blocked
Oil prices jumped $3 a barrel as US-Iran peace talks collapsed, keeping the Strait of Hormuz largely closed and tightening global energy supplies.
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Union Refutes NDP Coal Plant Cost Claims
The electrical workers union calls NDP claims about coal plant costs flawed and inflated, defending SaskPower's operations in Saskatchewan.
Union slams NDP coal plant cost claims as flawed
The International Brotherhood of Electrical Workers criticizes Saskatchewan NDP's assertions about coal plant costs, calling them inflated and inaccurate.
Iran War Drains Oil Stockpiles at Record Pace
Global oil inventories are shrinking rapidly due to the Iran war, threatening extreme price spikes and shortages. Morgan Stanley reports record drawdowns as the Strait of Hormuz remains near-closed.
Hydro-Québec Strike: Essential Services Agreement Reached
Quebec labor unions and Hydro-Québec have reached an agreement on essential services during strikes, ensuring power supply stability. Details of the deal remain undisclosed.
Feds Seek Pipeline Review Shift to Energy Regulator
The federal government proposes that pipeline projects be reviewed by the Canada Energy Regulator instead of the Impact Assessment Agency, aiming to streamline approvals.
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Enbridge CEO: 'Game On' for Growth Amid Surging Energy Demand
Enbridge CEO Greg Ebel says the best growth opportunities in 15 years are driven by AI, rising electricity demand, and energy security concerns, with $2 billion in new projects approved.
America's Economy Faces War Shock from Surging Oil Prices
Surging oil prices threaten to shock the U.S. economy amid geopolitical tensions, with potential impacts on inflation, consumer spending, and energy markets.
South Bow: Strong Oil Shipment Demand to U.S. Gulf Coast
South Bow Corp. reports robust demand for oil shipments to the U.S. Gulf Coast, citing stable pipeline operations and market needs.
Air India Slashes Canada Flights Due to High Fuel Costs
Air India has reduced flights to Canada due to soaring jet fuel prices, affecting travel plans for many passengers. The airline cites rising operational costs.
South Bow earnings drop; pipeline bids close
South Bow reports lower earnings as bids close for a potential new U.S.-bound pipeline, amid shifting energy market dynamics.
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IEA Chief Urges Canada to Speed Up Energy Development
IEA Executive Director Fatih Birol calls on Canada to fast-track energy projects, warning that market conditions won't favor the country forever as global supply shocks persist.
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