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.
Category : Search result: global oil supply
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.
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.
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.
Quebec vaccine appointments backlogged amid supply shortage
Quebec's vaccination campaign struggles with massive appointment backlogs as persistent supply shortages leave thousands waiting. Health officials scramble for solutions while public frustration grows.
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.
Herschel x Heinz: Vancouver Brand's Ketchup Collab
Vancouver's beloved Herschel Supply Co. teams up with Heinz in a surprising fashion collaboration featuring ketchup-inspired accessories. Discover the limited-edition collection blending street style with iconic condiment branding.
Supply Chains Unprepared for Geopolitical Risks: Study
Groundbreaking DP World research exposes how geopolitical instability threatens global supply chains, with 96% of executives reporting significant disruptions in past year.
Alberta Pharmacy COVID Vaccine Waitlists Grow Amid Supply Issues
Albertans seeking COVID-19 vaccinations are encountering significant delays as pharmacies across the province grapple with supply chain issues and overwhelming demand.
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.
China Accuses Netherlands of Chip Supply Chain Disruption
Beijing escalates semiconductor trade tensions, blaming Dutch government for blocking Chinese investment in chipmaker Nexperia and threatening global supply chains.
67% of Logistics Firms See Tech as Growth Essential
New Descartes research reveals freight forwarders and customs brokers are betting big on technology to drive business expansion and overcome industry challenges.
Alberta Pharmacy Vaccine Rollout Faces Bottlenecks
Albertans seeking COVID-19 vaccinations are encountering significant wait times at pharmacies across the province as limited vaccine supply struggles to meet overwhelming public demand.
NDP May Abstain in Budget Vote: Liberals at Risk
Canada's NDP considers abstaining from federal budget vote, putting Justin Trudeau's government in precarious position despite supply-and-confidence agreement.
Canada's Painkiller Shortage Extends Into New Year
Critical shortages of hydromorphone and other essential pain medications continue to plague Canadian pharmacies, leaving patients scrambling as supply chain issues persist.
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.
Ontario's Rental Reform Standstill: Tenant Lobby Impact
Fear of tenant lobby groups is preventing Ontario from implementing crucial rental reforms that could boost housing supply and affordability across the province.
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.
Canada Leads G7 Critical Minerals Alliance After US-China Thaw
Canada is spearheading high-stakes G7 negotiations to create a strategic critical minerals partnership, responding to recent diplomatic warming between the United States and China that could reshape global supply chains.
DP World Ships 400 Tons of Peruvian Blueberries to U.S.
Global trade leader DP World successfully transports 400 tons of fresh Peruvian blueberries to American consumers, showcasing efficient cold chain logistics and expanding North American fruit availability.
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.
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.
Canada Leads G7 Critical Minerals Alliance Against China
Canada is spearheading a groundbreaking G7 critical minerals partnership to secure supply chains and reduce reliance on China for essential green technology components.
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.
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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