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.
Category : Search result: oil executives meeting
Zelenskyy, Trump Meet Sunday for Ukraine Peace Talks
Ukrainian President Volodymyr Zelenskyy meets with Donald Trump to advance a peace plan. Zelenskyy says peace depends on allies and pressure on Russia, as attacks intensify. Read the latest.
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.
Russia Backs Venezuela Against U.S. Naval Actions
Russia vows full support for Venezuela as the UN Security Council prepares to discuss escalating U.S. hostilities, including a blockade of oil tankers. Read the latest on the Caribbean crisis.
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.
Public sector union PSAC sued by suspended executives
Canada's largest public service union, PSAC, faces three lawsuits from component union leaders suspended after opposing a 2023 labour deal. Plaintiffs seek millions in damages and reinstatement.
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.
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.
Windsor City Council Meeting Cancelled
Windsor City Council meeting unexpectedly cancelled on November 28, 2025. Get the latest updates on municipal government proceedings in Windsor, Ontario.
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.
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.
Trump-Mamdani Meeting Earns Praise from Treasury Secretary
Treasury Secretary Scott Bessent applauds the cordial meeting between President Trump and NYC Mayor-elect Zohran Mamdani after months of public disputes. Read about their unexpected collaboration.
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.
Canada Reaches Deal for New West Coast Oil Pipeline
Prime Minister Mark Carney and Alberta Premier Danielle Smith have agreed on a deal to support a new oil pipeline to Canada's west coast, marking a major political breakthrough.
Canada's New Energy Pact to Spur Oil Pipeline Development
Canadian oil industry welcomes new federal-provincial energy agreement that could pave way for Pacific coast pipeline and address key energy policies. Read the details.
Milder Black Friday Telecom Promos as Competition Eases
Canadian telecom executives confirm less intense competition is resulting in milder Black Friday promotions for consumers. Discover how market dynamics are changing holiday deals.
Trump and NYC Mayor-Elect Mamdani Meet at White House
President Trump and NYC mayor-elect Zohran Mamdani held surprising friendly talks, finding agreement on cost-of-living issues while pledging to work through immigration differences.
Executives Brave Cold for Youth Homelessness Awareness
Toronto finance leaders swap suits for sleeping bags in annual Covenant House Sleep Out event, raising crucial awareness and funds for homeless youth across Canada.
Trump Hosts NYC Mayor-Elect Mamdani in Oval Office
President Donald Trump will meet NYC Mayor-elect Zohran Mamdani on November 21. The democratic socialist defeated Trump-backed Andrew Cuomo. Read about their anticipated political showdown.
Trump meets NYC mayor-elect Mamdani at White House
Political opposites Donald Trump and NYC mayor-elect Zohran Mamdani to meet Friday amid funding threats and policy clashes. Read about their high-stakes encounter.
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