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 : Search result: Canadian oil exports
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.
Supreme Court Hears Challenge to Trump Tariff Authority
The U.S. Supreme Court hears landmark case challenging Trump-era tariffs on steel and aluminum imports, with major implications for presidential trade powers and Canadian exports.
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.
Saskatchewan Transforms Pulp Mill into Minerals & Grain Hub
Discover how Saskatchewan is revolutionizing its economy by converting a former pulp mill into a dual-purpose hub for critical mineral processing and grain export expansion.
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.
NB Premier Eyes Federal Budget for Lumber Support
Premier Blaine Higgs pushes Ottawa for concrete softwood lumber support strategies and market diversification in upcoming federal budget, citing urgent need for industry stability.
China Buys Australian Canola in Trade Thaw
In a major agricultural trade breakthrough, China has purchased approximately 120,000 metric tons of Australian canola, marking a significant warming of relations between the two trading partners after years of strained ties.
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.
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.
Alberta Pushes Pipeline West with Indigenous Engagement
Alberta intensifies efforts to expand energy market access through pipeline development, prioritizing Indigenous consultation and economic partnerships in Western Canada.
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.
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.
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 Deal Delayed Over Regulatory Inquiry
A crucial shareholder meeting to approve Cenovus Energy's $3.8 billion acquisition of MEG Energy has been postponed amid regulatory scrutiny from Canadian authorities, creating uncertainty in Alberta's oil sands sector.
China Agrees to Buy 25M Tons of US Soybeans Annually
In a major trade development, China has agreed to purchase 25 million metric tons of American soybeans each year, signaling warming relations between the world's two largest economies.
Alberta Oil Crisis: Price Crash Sparks Layoffs and Cuts
Alberta's oil industry faces a perfect storm of plunging prices, massive layoffs, and spending cuts that could reshape Canada's energy landscape for years to come.
Shell Outperforms TotalEnergies in Q2 Earnings
Shell delivers stronger-than-expected quarterly profits while TotalEnergies falls short, as both energy giants navigate declining oil and gas prices in current market conditions.
Canadian Oil Sands Outshining U.S. Energy Peers
A new report reveals Canadian oil sands companies are gaining competitive advantages over U.S. shale producers, with lower decline rates and stronger financial performance attracting investor attention.
Burnaby Refinery Shifts to US Control in $9.1B Deal
A major Canadian energy facility is changing hands as Calgary-based Parkland Corporation sells a significant portion of its business, including the Burnaby refinery, to American multinational Sinclair in a transformative $9.1 billion deal that reshapes We
Parex Resources Proposes GeoPark Acquisition
Canadian energy company Parex Resources announces strategic proposal to acquire GeoPark while revealing substantial 11.8% ownership stake, signaling major consolidation in Latin American oil and gas markets.
Alberta's Budget Balance & Pipeline Expansion Plan
Alberta Premier Danielle Smith reveals strategic blueprint to balance provincial budget while aggressively pursuing pipeline expansion to boost energy exports and economic growth.
Windsor Port Expansion Could Generate $26.4M Boost
A groundbreaking economic study shows Windsor's strategic port expansion could unlock massive economic benefits and create new international trade opportunities for Canadian businesses.
Canadian exports drop 2.8% as tariffs weigh on economy
New data from Statistics Canada reveals a significant downturn in exports, with tariffs creating headwinds for the nation's economic growth and international trade performance.
US Approved Surveillance Tech for China: AP Investigation
An explosive AP investigation uncovers how US agencies approved and assisted American companies selling sophisticated monitoring technology to China, raising serious human rights concerns.
Canada pivots to Asia trade as Trump tariffs threaten economy
As Trump threatens sweeping tariffs, Canada accelerates trade diversification with Asian markets. Discover how Ottawa is building economic bridges to India, ASEAN and beyond to counter U.S. protectionism.
Russia's Oil Exports Hold Steady Despite Sanctions
Despite sweeping new Western sanctions, Russia's crude oil exports show remarkable stability. Fresh analysis of global tanker movements reveals Moscow continues to find buyers, with export volumes holding steady in early 2024.
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