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.
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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.
Trump warns of 'Bad Santa,' defends coal in Christmas call
President Donald Trump made jovial Christmas Eve calls to children, cautioning about a 'bad Santa' and defending coal. Read the unique details from the festive event.
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.
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.
U.S. orders TransAlta coal plant to run 90 days longer
The U.S. government mandates TransAlta's Alberta coal-fired plant to operate 90 days beyond its planned 2025 closure, citing grid reliability. Explore the energy and environmental implications.
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.
TC Energy CEO Advises U.S. on Energy Infrastructure
TC Energy CEO François Poirier offers U.S. guidance on speeding up oil and gas projects. The advice comes amid ongoing North American energy security and regulatory discussions.
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.
Oil Could Be Next TSX Driver After Gold's 2025 Surge
National Bank strategists predict Canada's energy sector, no longer seen as a 'stranded asset,' could power the TSX next year following a federal policy shift, while gold fueled 2025's record run.
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.
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