U.S. crude oil imports fall to lowest since Feb 2021
U.S. crude oil imports dropped sharply last week to their lowest point in nearly five years, according to the Energy Information Administration. Explore the data and potential market impacts.
Category : Search result: Carney Canadian oil
Oil steadies as risks counter glut outlook
Crude oil finds balance as Venezuela, Russia tensions offset fears of a global surplus. WTI holds near $58, but heads for steep annual decline on OPEC+ output.
U.S. oil and gas rig count rises for second week
Baker Hughes reports a second weekly increase in U.S. oil and gas rigs, signaling potential shifts in North American energy production as 2025 ends. Read the latest data.
Carney: Trudeau's $200B climate strategy a failure
PM Mark Carney calls Trudeau's climate plan a $200B flop, linking its failure to 1998 Kyoto accord. His new policies reverse key Liberal measures. Read the full analysis.
Readers Call for Increased Canadian Oil Marketing in Asia
Calgary Herald readers advocate for Canada to intensify oil marketing in Asia and develop West Coast export terminals, responding to global energy dynamics. Explore the debate.
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.
Baytex Energy Plans Up to $625M in 2026 Capital Spending
Calgary-based Baytex Energy Corp. reveals its 2026 capital expenditure plan, targeting $550 to $625 million. The investment focuses on sustaining production in key Canadian oil fields.
U.S. seizes oil tanker off Venezuelan coast
U.S. authorities have seized an oil tanker near Venezuela, officials confirmed on December 20, 2025. The operation marks a significant escalation in maritime enforcement actions in the region.
Canada's Pipeline Shield Protects Oilpatch from 'Super Glut'
As oil prices near a five-year low, Canada's expanded pipeline network offers critical shelter from a potential 2026 supply glut, putting producers in a stronger position than during the 2018 crisis.
Oilsands Producers Plan Growth Despite Crude Price Decline
Canada's major oilsands companies, led by Cenovus, forecast higher 2026 output despite a looming global supply glut. Discover how pipeline capacity is driving this counter-cyclical strategy.
Trump Orders Venezuela Oil Blockade, Markets React
Global markets react as former President Trump orders a blockade of oil tankers to Venezuela, sending oil prices higher. Meanwhile, Canadian stocks show gains amid domestic news.
Trump Orders Naval Blockade on Venezuela Oil Tankers
President Trump announces a blockade of sanctioned oil tankers bound for Venezuela, escalating military pressure to cripple the Maduro regime's economy. Read the latest on this major foreign policy move.
Trump orders naval blockade on Venezuela-bound oil tankers
President Trump escalates pressure on Maduro, ordering a blockade to stop sanctioned oil tankers from reaching Venezuela. The move marks a significant hardening of U.S. policy.
Analyst Predicts Dramatically Higher Oil Prices in 2026
Senior portfolio manager Eric Nuttall forecasts a significant surge in oil prices for 2026, citing industry underinvestment. Read his insights on Canada's energy outlook.
Oil Climbs as Traders Weigh Tensions Against Surplus
Oil prices rose in volatile trading as geopolitical risks clashed with signs of a growing market surplus. WTI gained 1.6% while Saudi Arabia cut prices to Asia. Explore the factors driving the market.
U.S. crude, fuel inventories rose last week: EIA
The U.S. Energy Information Administration reported a rise in crude oil and fuel stockpiles for the previous week. Get the latest data on energy inventories and market implications.
Norway examines scenarios for economy after oil era
Norway initiates a comprehensive study to plan its economic transition away from oil dependency. Explore the strategies for a sustainable future.
Carney's Pipeline Deal Splits Liberals, Guilbeault Exits
PM Mark Carney's oil pipeline MOU with Alberta Premier Danielle Smith triggers a cabinet resignation and signals a major rightward shift for the Liberals, risking their traditional base. Analysis by Raphaël Melançon.
Reader Criticizes One-Sided Pipeline Political Debate
A North Vancouver reader argues politicians do a disservice by ignoring oil spill risks, citing Exxon Valdez. Calls for informed pipeline debate in Canada.
Oil supply surge to strain prices through 2026
Global oil markets face continued price pressure through 2026 as swelling supply outpaces demand. New analysis reveals production growth will challenge market stability.
Guilbeault resigns over Carney-Alberta pipeline agreement
Environment Minister Steven Guilbeault resigns from cabinet over Mark Carney's energy deal with Alberta, creating political turmoil while new pipeline conditions emerge.
Guilbeault steps down after Alberta pipeline agreement
Environment Minister Steven Guilbeault resigns from cabinet following Ottawa's new oil pipeline deal with Alberta. The longtime climate activist remains as Liberal MP.
Carney signs energy agreement with Alberta
Prime Minister Carney secures major energy agreement with Alberta, setting emissions targets for new oil pipeline construction. Read the full details of this historic deal.
Smith, Carney Sign West Coast Pipeline Agreement
Alberta Premier Danielle Smith and PM Mark Carney sign historic MOU for new oil pipeline through northern BC, addressing environmental regulations and economic growth.
Carney considers oil tanker ban adjustment for pipeline
Prime Minister Mark Carney agrees to suspend clean electricity regulations in Alberta and consider adjusting the oil tanker ban to enable new pipeline construction. Read the full details.
OPEC+ to Hold Oil Output Steady Through Q1: Sources
OPEC+ alliance likely to maintain current oil production levels through first quarter 2025, according to Reuters sources. Stay informed on global energy market developments.
B.C. Oil Tanker Ban: What You Need to Know
Prime Minister Mark Carney implements oil tanker ban on British Columbia's coast. Learn about the environmental protection measures and regional impacts of this significant policy decision.
Carney Pipeline MOU Sets Up West Coast Project to Fail
Analysis reveals Mark Carney's pipeline memorandum with Alberta lacks federal action, repeating Trudeau's anti-oil approach despite energy superpower rhetoric. Read the breakdown.
Oil tanker ban hurdles for northern BC pipeline
Experts highlight how the federal oil tanker ban creates significant challenges for northern British Columbia pipeline development amid ongoing Alberta negotiations.
Newfoundland premier vows oil industry comeback
Newfoundland and Labrador Premier Tony Wakeham pledges to revitalize province's oil sector ahead of crucial meeting with federal officials. Get the latest developments.
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