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: oil sector
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.
U.S.-Venezuela Tensions: What It Means for Canada
Rising tensions between the U.S. and Venezuela over oil resources and seized tankers could have significant ripple effects for Canada's energy security and foreign policy. Analysis of the potential impacts.
Canadian economy shrinks 0.3% in October, biggest drop since 2022
The Canadian economy unexpectedly contracted by 0.3% in October 2025, the largest monthly decline in almost three years. Get the full analysis on the widespread sectoral weakness.
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.
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.
Canadian Private Sector Unionization Drops to 15%
New data reveals a stark divide in Canadian unionization, with public sector workers five times more likely to be unionized. Explore the trends reshaping labour.
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.
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.
Vancouver business council flags public vs. private sector growth gap
The Vancouver business council highlights a persistent economic concern: the stark contrast between public and private sector job growth in the region. Read the full analysis.
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.
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.
Alberta pipeline viability faces 'many things to sort out'
A University of Calgary executive fellow highlights significant unresolved challenges for a major Alberta pipeline project, casting doubt on its near-term viability. Learn the key obstacles.
Canadian Drilling Activity Predicted for Slight Uptick Next Year
A new industry forecast predicts a slight increase in Canadian oil and gas drilling activity for next year. Get the details on the sector's cautious outlook.
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.
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.
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