New Brunswick is importing liquefied natural gas from Australia, highlighting Canada's energy sector challenges despite sitting on massive domestic reserves that remain untapped due to regulatory hurdles.
Pembina Pipeline Corp. has approved two new pipeline projects while reporting a dip in quarterly earnings, highlighting strategic growth amid financial challenges.
Foremost Clean Energy Ltd. has signed a landmark exploration agreement with Kiciwapa Cree Nation, establishing a framework for responsible mineral exploration in Manitoba with environmental and community commitments.
Prime Minister Mark Carney arrives in Mumbai to strengthen Canada-India energy ties, focusing on uranium exports and comprehensive trade agreements to support India's nuclear power expansion.
Fuel costs have decreased in Atlantic Canada, providing relief after a midweek price surge. The fluctuation highlights ongoing volatility in regional energy markets.
Alberta's budget remains heavily dependent on oil royalties, with non-renewable resource revenues projected to constitute 18% of total revenue over the next two years. However, subdued North American oil prices are creating significant deficits.
The Saint John LNG terminal in New Brunswick has received a significant shipment from Australia, marking a key development in Canada's energy infrastructure and international trade relations.
The Building Ontario Fund is deploying innovative financing models to jumpstart critical projects like small modular nuclear reactors, with plans to sell stakes once operational to attract private capital.
Nova Scotians will soon have an additional electricity provider option as the Mersey River Wind Project advances, promising more renewable energy choices and competitive rates.
As geopolitical tensions reshape energy trade, Canada's oil sector faces both challenges and opportunities. With job losses but rising production, strategic adaptation and emissions reduction become critical for attracting investment.
Hydro-Québec announced a net income of $2.9 billion for 2025, marking a 9% increase, as the utility continues to play a key role in Quebec's energy sector.
Hydro-Québec announced a solid financial performance for 2025, with net revenue increasing by 9% to $2.9 billion and power outages decreasing by 6%. The utility contributed $26.1 billion to Quebec's GDP.
Corporate claims of 100% renewable electricity often mask the reality of grid reliability, which depends on dispatchable fossil fuel backup that all consumers pay for through hidden costs.
A new pipeline project could increase Canada's oil export capacity by 550,000 barrels daily, utilizing existing Keystone XL infrastructure and requiring U.S. approval.
The Port of Vancouver has launched an environmental assessment for dredging the Second Narrows shipping channel to allow oil tankers to load fully at the Trans Mountain terminal, facing First Nations opposition and ecological concerns.
Following years of legal battles, Enbridge Energy has initiated the rerouting of a crude oil pipeline to bypass a Wisconsin reservation, marking a significant development in the contentious project.
Electra Battery Materials has approved a $73 million USD budget to construct North America's inaugural battery-grade cobalt sulfate refinery in Temiskaming Shores, Ontario, marking a significant milestone in the critical minerals sector.
American fracking companies are exporting millions of horsepower worth of idle equipment to international markets like Argentina and Australia as shale growth plateaus in Texas and New Mexico, potentially driving up future domestic costs.
Russia and Iran are slashing oil prices to compete for limited Chinese buyers, causing a massive buildup of unsold crude in Asian waters as India reduces imports and China's capacity is maxed out.
OPEC+ is reportedly considering a modest oil production increase of 137,000 barrels per day for April, according to Reuters sources, amid ongoing market volatility and geopolitical tensions.
Russian and Iranian oil producers are offering deepening discounts to compete for Chinese buyers after India reduced imports, leading to a buildup of unsold crude in Asian waters.
OPEC+ delegates anticipate the group will agree to resume modest production increases when it meets this weekend, despite warnings of a supply glut that hasn't yet impacted prices due to geopolitical risks and output disruptions.
Australia is shipping liquefied natural gas over 25,000 kilometers to eastern Canada, marking a strategic shift as demand in key Asian markets like China declines significantly.
Alberta's energy industry continues to anchor Calgary's economy with major investments and expansion plans, as oil output targets double by 2035 and downtown revitalization projects signal long-term commitment.
Motorists in Atlantic Canada face higher fuel costs as diesel prices rise unexpectedly in Nova Scotia and New Brunswick due to an unscheduled market adjustment.
A fire in a Hydro-Québec access shaft in Montreal led to widespread power outages in Ville-Marie, with 40-50 firefighters responding and no injuries reported.
Whitecap Resources Inc. credits its acquisition of Veren Inc. for securing new long-term natural gas contracts, improving credit ratings, and reducing borrowing costs amid volatile market conditions.
Novo Resources Corp. has engaged lead managers for a private placement to raise up to C$5.8 million, targeting institutional investors to fund exploration in Australia's Pilbara region and Victoria.
The Nova Scotia Energy Board has announced an unscheduled adjustment to diesel fuel prices, effective immediately. This move comes amid fluctuating global energy markets and local economic factors.
Constellation Energy reported higher-than-expected quarterly profits, driven by robust electricity demand from data centers. The company's nuclear power operations, including the Crane Clean Energy Center, played a key role in meeting this growing need.