Federal Budget's Mixed Signals for Alberta Energy
Ottawa's latest budget delivers a confusing mix of support and challenges for Alberta's oil and gas industry, leaving energy leaders uncertain about the future.
Category : Energy Sector
Budget shifts oil and gas tone, details unclear
Canada's latest federal budget signals a significant change in tone toward the oil and gas industry, but critical details about investment tax credits and clean energy requirements remain uncertain, leaving industry experts watching closely.
Lorneville Data Centre Plans Revealed at Community Open House
Discover how a proposed state-of-the-art data centre could transform Lorneville's technological landscape and create economic opportunities in New Brunswick.
NB Legislation Advances Mactaquac Dam Refurbishment
New Brunswick's government has introduced groundbreaking legislation to secure the future of the Mactaquac Dam, setting the stage for a massive refurbishment project that will power the province for decades to come.
Suncor Shares Jump After Earnings Beat and Production Boost
Calgary-based energy leader Suncor delivers impressive Q2 results, exceeding analyst forecasts and raising production guidance, sending shares skyrocketing.
Ovintiv Buys Nuvista Energy in $4.3B Canadian Energy Deal
Canadian energy giant Ovintiv expands its Montney position with strategic Nuvista Energy purchase, creating one of Western Canada's top natural gas producers.
Suncor Hikes Dividend, Beats Earnings Expectations
Suncor Energy delivers impressive Q4 results, beating earnings expectations and rewarding shareholders with a substantial dividend increase amid rising oil prices and operational improvements.
Canada May Soften Oil & Gas Emissions Cap Rules
The Canadian government shows willingness to adjust its controversial oil and gas emissions cap policy, raising questions about environmental commitment versus economic pragmatism in Canada's energy sector.
Alberta, Ottawa Close to Major Energy Projects Deal
Alberta Premier Danielle Smith reveals significant progress in federal-provincial negotiations on major energy projects, potentially unlocking billions in investment and reshaping Canada's energy future.
Suncor Q3 Profits Drop Despite Record Production
Calgary's energy giant Suncor reports surprising third-quarter profit decline even as production hits unprecedented levels. Discover the factors behind this financial paradox.
Carney's Green Vision: Canada's 2025 Energy Budget
Former Bank of Canada governor Mark Carney takes center stage in shaping Canada's ambitious clean energy agenda through the 2025 federal budget, signaling a major shift toward sustainable economic growth.
Nova Scotia Courts Calgary for Offshore Wind Development
Nova Scotia's Premier Tim Houston makes strategic Calgary visit to attract oil and gas expertise for massive offshore wind and green hydrogen development, positioning the province as Canada's next clean energy frontier.
Oil & Gas Reality: What Companies Are Actually Doing
While politicians debate energy policy, Canada's oil and gas industry is quietly transforming through massive investments in decarbonization and clean technology. Discover the real story behind the headlines.
Newfoundland's power fight threatens Churchill Falls deal
A brewing constitutional battle between Newfoundland and Labrador and Hydro-Québec over the historic Churchill Falls power contract could reshape Canada's energy landscape and cost Quebec billions.
Alberta Gas Producers Hit by Negative Prices
Alberta's natural gas producers faced unprecedented challenges this summer as negative prices and pipeline maintenance created a perfect storm of financial pressure across the energy sector.
Ontario Electricity Rates Rise: Bill Changes Explained
Ontario residents face higher electricity costs starting May 1st. Learn how time-of-use and tiered rates are changing and get expert tips to manage your energy bills effectively.
OPEC+ Extends Oil Production Freeze Amid Market Concerns
OPEC+ maintains current oil output levels as global economic uncertainty and oversupply fears shake energy markets. What this means for Canadian consumers and the economy.
NB Gas Stations Face Closure After Carbon Levy Removal
Gas retailers across New Brunswick warn of potential station closures and job losses as the federal carbon price adjustment at the pumps ends, creating financial uncertainty for the industry.
SM Energy and Civitas Merge in $12.8B Shale Deal
Two prominent U.S. shale producers, SM Energy and Civitas Resources, announce a landmark $12.8 billion all-stock merger, creating a dominant force in the American energy landscape and signaling a new wave of industry consolidation.
NextStar Energy Expands Windsor Battery Plant
NextStar Energy is supercharging its Windsor operations with a major facility expansion to meet skyrocketing demand for grid-scale battery storage across North America.
BC Hydro Site C Dam: What Went Wrong Exposed
An in-depth investigation reveals how BC Hydro's Site C dam project spiraled into a multi-billion dollar crisis. Discover the management failures, construction disasters, and political pressures that plagued Canada's largest public infrastructure project.
$8.6B Meg Energy Takeover Faces New Hurdle
The proposed $8.6 billion acquisition of Meg Energy by Japan's JAPEX hits unexpected regulatory complications, creating uncertainty in Alberta's energy sector and raising questions about foreign investment in Canadian oil.
Imperial Oil sells Calgary HQ, cuts hundreds of jobs
Imperial Oil Ltd. has struck a deal to sell its massive Calgary headquarters as part of a global restructuring that will eliminate hundreds of positions in the city, marking a significant shift for one of Canada's energy giants.
Oil Steadies as U.S. Reimposes Venezuela Sanctions
Global oil prices found stability as the U.S. reinstated sanctions on Venezuela's oil industry, creating new uncertainty in energy markets while Middle East tensions continue to simmer.
Canada's Nuclear Crossroads: Powering the Future
As global electricity demand surges, Canada faces a critical energy dilemma. Can nuclear power bridge the gap between climate goals and energy security? Experts weigh in on the nation's atomic advantage.
Imperial Oil Profits Fall on Lower Crude Prices, Charges
Imperial Oil reports significant profit decline in Q4 2023 as lower crude prices and substantial impairment charges challenge Canada's energy sector. Discover how refining margins and production performed.
Natural Gas Rates Rising in Manitoba This November
Manitoba Hydro announces significant natural gas rate increase starting November 1st, impacting homeowners' winter heating costs. Learn how this affects your budget.
Cenovus-Husky Merger Vote Delayed Another Week
The crucial shareholder vote on Cenovus Energy's massive acquisition of Husky Energy has been postponed for another week, creating uncertainty in Canada's oil and gas industry during turbulent times.
Cenovus-Meg Energy Takeover Vote Delayed Amid Shareholder Concerns
Canadian oil sands giant Cenovus Energy's proposed acquisition of Meg Energy hits a snag as shareholders demand more time to evaluate the $2.8 billion deal amid industry consolidation.
Shell Beats Estimates with $7.7B Q2 Profit
Royal Dutch Shell delivers powerhouse Q2 2023 results, crushing analyst forecasts with $7.7 billion profit as strategic shifts and LNG demand fuel financial triumph.
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