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Calgary gas prices drop below $1 per litre

Drivers in Calgary are seeing relief at the pumps as gas prices tumble below $1 per litre at some stations, a direct impact of lower global oil prices. Find out where and why.

BP sells majority stake in Castrol for US$6 billion

BP Plc agrees to sell a 65% stake in its Castrol lubricants division to Stonepeak Partners for US$6 billion. The deal marks a key step in the energy giant's strategy to reduce debt and reset its business after a turbulent year.

Venezuela Seeks to Criminalize Oil Tanker Seizures

Venezuela's government is pushing to criminalize the seizure of its oil tankers as former U.S. President Donald Trump increases pressure on Nicolás Maduro's regime. This geopolitical tension could impact global oil markets.

Israel Approves Major $35B Gas Deal with Egypt

Israeli PM Benjamin Netanyahu confirms a landmark $35 billion natural gas agreement with Egypt, marking a significant development in regional energy and diplomacy. Read the details.

Feds announce plan to cut methane from oil sector, landfills

The federal government has announced a new regulatory framework to significantly reduce methane emissions from Canada's oil and gas operations and landfills. Learn about the key targets and implications for the environment and industry.

Stricter Methane Regulations Announced for Oil, Gas, Landfills

The Carney government unveils new methane regulations for oil, gas, and landfills, phasing in from 2028. The rules aim to cut emissions but will slightly slow GDP and production growth in B.C., Alberta, and Saskatchewan. Read the details.

Alberta Companies Fined for Workplace Injury

Two Alberta companies and a supervisor face significant fines following a serious injury at an oil and gas site. Read the full details of the court's decision and its implications for workplace safety.

N.B. Fuel Prices Drop 7.9 Cents After EUB Weekend Change

New Brunswick drivers got a break at the pumps as the Energy and Utilities Board made a surprise weekend adjustment, lowering gasoline prices by 7.9 cents per litre. Get the details on this significant price drop.

Oil Could Be Next TSX Driver After Gold's 2025 Surge

National Bank strategists predict Canada's energy sector, no longer seen as a 'stranded asset,' could power the TSX next year following a federal policy shift, while gold fueled 2025's record run.

New B.C. Coast Pipeline May Be 50% Indigenous Owned

Alberta Premier Danielle Smith says a proposed oil pipeline to B.C.'s coast could be 50% owned by Indigenous groups, generating $2B annually. Learn about the project's details and political support.

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