Calgary gas prices drop below $1 per litre
Drivers in Calgary are seeing relief at the pumps as gas prices tumble below $1 per litre at some stations, a direct impact of lower global oil prices. Find out where and why.
Category : Search result: oil and gas forecast 2026
Carney: Trudeau's $200B climate strategy a failure
PM Mark Carney calls Trudeau's climate plan a $200B flop, linking its failure to 1998 Kyoto accord. His new policies reverse key Liberal measures. Read the full analysis.
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.
2026 Financial Forecast: AI Bubble Risk and Market Outlook
Financial Post experts analyze key 2026 risks: AI investment bubble, soaring oil prices, and mortgage renewals. David Rosenberg warns of a classic bubble. Read the full Canadian market outlook.
Analyst's 2026 Forecasts: Nvidia, Alphabet, Oil, Small Caps
Investment analyst Peter Hodson reviews his 2025 scorecard and unveils five key predictions for 2026, including a new world's largest company and the direction of equities. Read his insights.
Quebec's 2026 Price Changes: Taxes, Rent, and Food
A detailed look at how the cost of living in Quebec will shift in 2026, with key changes to income tax, property taxes, rent, and grocery bills. Find out where you'll save and where you'll pay more.
Brokerage Forecasts for S&P 500, Global GDP in 2026
Major brokerages release their 2026 forecasts for the S&P 500 and global economic growth. Get the key projections and analysis for your investment strategy.
BP sells majority stake in Castrol for US$6 billion
BP Plc agrees to sell a 65% stake in its Castrol lubricants division to Stonepeak Partners for US$6 billion. The deal marks a key step in the energy giant's strategy to reduce debt and reset its business after a turbulent year.
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.
Alberta investors reflect on gold's 2025 surge, oil's long-term promise
As Alberta investors review 2025 portfolios, gold emerged as a surprising winner. However, fund managers debate its future shine versus the enduring long-term potential of the oil sector. Discover the insights from local financial experts.
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.
New Federal Methane Regulations Announced for 2028
The Carney government announces phased methane regulations for oil, gas, and landfill sectors starting in 2028, offering industry two compliance paths. Learn the details.
BP's Canadian CEO Ousted in Strategy Clash with Chair
BP abruptly replaced CEO Murray Auchincloss after repeated clashes with new chair Albert Manifold over the oil giant's strategic direction. Read the inside story of the leadership shakeup.
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.
Funding for Legacy Well Emergency Prep in Chatham-Kent, Essex
Chatham-Kent and Essex receive provincial funding to bolster emergency preparedness plans for aging gas and oil wells. Learn how this investment aims to protect local communities.
Israel Approves Major $35B Gas Deal with Egypt
Israeli PM Benjamin Netanyahu confirms a landmark $35 billion natural gas agreement with Egypt, marking a significant development in regional energy and diplomacy. Read the details.
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.
Federal methane rules offer flexibility to energy sector
The Carney government has finalized methane regulations, allowing oil and gas producers to design their own reduction plans if they meet strict targets. Learn about the policy shift and its impact.
Feds announce plan to cut methane from oil sector, landfills
The federal government has announced a new regulatory framework to significantly reduce methane emissions from Canada's oil and gas operations and landfills. Learn about the key targets and implications for the environment and industry.
Canada Announces New Methane Emission Rules for Energy Sector
The Canadian government has announced stringent new regulations aimed at dramatically cutting methane emissions from the oil and gas industry. Learn about the key targets and implications.
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.
Stricter Methane Regulations Announced for Oil, Gas, Landfills
The Carney government unveils new methane regulations for oil, gas, and landfills, phasing in from 2028. The rules aim to cut emissions but will slightly slow GDP and production growth in B.C., Alberta, and Saskatchewan. Read the details.
Alberta Companies Fined for Workplace Injury
Two Alberta companies and a supervisor face significant fines following a serious injury at an oil and gas site. Read the full details of the court's decision and its implications for workplace safety.
Toronto building evacuated after gas leak, 1 hospitalized
A gas leak in a Toronto building led to a full evacuation and sent one person to the hospital. Emergency crews responded to the scene on December 16, 2025.
N.B. Fuel Prices Drop 7.9 Cents After EUB Weekend Change
New Brunswick drivers got a break at the pumps as the Energy and Utilities Board made a surprise weekend adjustment, lowering gasoline prices by 7.9 cents per litre. Get the details on this significant price drop.
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