California Vows to Block Trump Offshore Drilling Plan
California Governor Gavin Newsom pledges legal action against Trump administration's proposal for new oil and gas leases off California coast, first in decades.
Category : Search result: Canadian oil refineries
Telecom, Energy Lift TSX as Oil Prices Climb
Canada's main stock index gained on November 11, 2025, driven by strength in the telecom and energy sectors as oil prices climbed. Get the latest market insights.
Global Oil Glut Looms, But Reversal Forces Emerge
Expert Rory Johnston analyzes the cooling oil demand and rising supply creating a potential global surplus. Discover the key market forces that could unexpectedly reverse this trend.
MEG Energy reports $159M Q3 profit, down from 2024
Canadian oilsands producer MEG Energy reports $159 million in Q3 2025 profit, reflecting year-over-year decline amid changing market conditions. Learn how Alberta's energy sector is adapting.
MEG Energy Shareholders Approve Cenovus Takeover Deal
MEG Energy shareholders overwhelmingly approve Cenovus Energy's acquisition offer, creating a stronger combined entity in Alberta's oil sands sector with enhanced operational efficiency and financial stability.
Cenovus-MEG Energy Merger Approved by Shareholders
Cenovus Energy secures shareholder approval for its $3.8 billion acquisition of MEG Energy, creating Canada's second-largest oil producer amid industry consolidation.
Canadian Natural Posts $600M Q3 Profit, Record Production
Canadian Natural Resources delivers stellar Q3 results with $600 million profit and record-breaking production levels, signaling strong performance in Canada's energy sector.
Canadian Gas Giant Fuels Europe's Energy Revolution
Discover how Canada's largest natural gas producer, Tourmaline Oil, is reshaping European energy security while championing cleaner LNG exports to global markets.
Alberta Fires Back Over BC Oil Tanker Ban Demands
Alberta's government delivers sharp rebuke to BC premier and Indigenous leaders calling for permanent oil tanker ban, escalating tensions over Canadian energy policy and economic future.
Alberta's Pipeline Deadline: Budget Meets Grey Cup
As Alberta awaits critical details from Ottawa's federal budget, the province faces a high-stakes deadline tied to the Grey Cup festival that could determine the fate of major pipeline projects and energy investment.
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.
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.
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.
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.
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.
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.
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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