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: global oil glut
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. 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.
Lomborg: 12 Smart Global Investments for 2026 Cost $35B
Economist Bjorn Lomborg argues that 12 targeted projects costing US$35 billion could outperform the UN's $10 trillion Sustainable Development Goals. Discover the data-driven priorities for 2026.
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.
Saudi Midad frontrunner to buy Lukoil's global assets
Saudi Arabia's Midad Energy is a top contender to purchase Lukoil's international holdings, leveraging unique political ties. Read the latest on this major energy sector deal.
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.
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.
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.
Carney says global power shifting at G-20 without U.S.
Canadian PM Mark Carney declares the global economic center is shifting as G-20 nations make progress without U.S. participation. Read about Canada's new international partnerships.
Canada pledges $1B to fight global infectious diseases
Canada announces a major $1 billion contribution to the Global Fund, reinforcing its leadership in the global fight against infectious diseases like HIV, TB, and malaria.
Green Our Planet Wins F1 Sustainability Award
Las Vegas nonprofit Green Our Planet receives €100,000 F1 Allwyn Global Community Award to expand HydroConnect program, teaching STEM through hydroponics to 500,000+ students.
G20 billionaires could end poverty with year's earnings
Oxfam report reveals G20 billionaires could end global poverty with just one year's earnings. Learn how wealth inequality affects poverty solutions worldwide.
UN urges global truce for 2026 Milan Cortina Winter Olympics
The United Nations urges all nations to observe an Olympic Truce during the 2026 Milan Cortina Winter Games, promoting peace through sport. Learn more about this global initiative.
Scientists criticize ultraprocessed food profits
Health experts expose how food manufacturers generate massive profits from unhealthy ultraprocessed products as countries implement marketing restrictions. Learn about the global response.
ApplyBoard 2026 Report Reveals Education Transformation
ApplyBoard's 2026 Trends Report shows how policy changes and student priorities are reshaping international education with Canada facing 54% visa decline.
Global shares fall ahead of Nvidia earnings report
Global stock markets declined in cautious trading as investors await Nvidia's profit report. The S&P/TSX composite ended lower while tech stocks dragged down U.S. markets.
Heineken 0.0 Partners with Playtomic for Padel
Heineken 0.0 announces a multi-year global partnership with Playtomic to create exclusive social experiences for padel players worldwide, starting in Barcelona.
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