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.
Category : Search result: crude oil
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. Boards More Tankers in Venezuela Oil Blockade
The U.S. has boarded two more oil tankers off Venezuela, escalating a blockade that experts warn could halt all of the country's crude exports. Read the latest on the rising tensions.
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.
U.S. Seizes Second Tanker in Venezuelan Waters
U.S. forces intercept another sanctioned oil tanker off Venezuela, escalating Trump's blockade. The move disrupts global crude flows and risks pushing oil prices higher. Get the latest details.
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.
Experts: Canadian Oilpatch Can Withstand Crude Market Doldrums
Industry experts express confidence in the Canadian energy sector's ability to navigate current crude market challenges. Discover the factors behind this resilience and the outlook for 2025.
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.
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.
Cabinet Minister Resigns Over Alberta Pipeline Agreement
Environment Minister Steven Guilbeault resigns from cabinet over Mark Carney's energy deal with Alberta, creating political turmoil. Get the latest developments.
Smith's Pipeline Deal: Temporary Victory for Alberta
Alberta Premier Danielle Smith secures key federal concessions on emissions caps in new pipeline MOU with PM Carney. While promising, the agreement faces significant hurdles before construction.
Carney signs major energy agreement with Alberta
Prime Minister Mark Carney and Alberta Premier Danielle Smith signed a historic energy MOU on November 27, 2025, setting conditions for new oil pipeline development while facing cabinet resignations.
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.
New Alberta Pipeline Deal Raises Climate Policy Fears
Prime Minister Mark Carney signs major energy agreement with Alberta, creating framework for new oil pipeline while advocates warn of environmental consequences. Read the details.
Strathcona invests $1M in new Sask. Polytechnic campus
Strathcona Resources invests $1 million in the new Joseph A. Remai Saskatoon campus at Saskatchewan Polytechnic, aiming to boost skilled trades for the oil and gas sector. Read more.
Alberta, Ottawa sign pipeline deal despite doubts
Prime Minister Mark Carney and Alberta Premier Danielle Smith signed a memorandum of understanding for a new oil pipeline, marking rare cooperation between governments.
B.C., First Nations oppose federal-Alberta pipeline pact
B.C.'s NDP government and Coastal First Nations vow to fight new pipeline agreement between Ottawa and Alberta that could bypass tanker ban and environmental protections.
Canada-Alberta MOU Paves Way for New Oil Pipeline
Prime Minister Mark Carney and Alberta Premier Danielle Smith signed a pivotal MOU to establish Canada as an energy superpower, clearing the path for a new pipeline. Read the details.
Alberta, Canada Sign Pact for New Oil Pipeline
Prime Minister Mark Carney and Alberta Premier Danielle Smith sign a landmark MOU to advance a major oil pipeline to Asian markets, suspending key federal environmental laws.
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.
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