Russia commits to supplying oil to Cuba to alleviate severe fuel shortages, following a recent delivery of 700,000 barrels, as U.S. sanctions disrupt traditional supplies from Venezuela and Mexico.
As the federal government suspends the gas tax, Canadian airlines discuss whether this will lead to lower airfares for passengers, citing operational complexities.
Prime Minister Mark Carney and Manitoba Premier Wab Kinew met on Parliament Hill, discussing the Winnipeg-Manitoba trade corridor and other key issues amid federal gas tax changes.
Alberta's cabinet asserts that its pipeline priorities remain unchanged following the federal Liberal majority, emphasizing provincial energy strategy continuity.
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Cenovus Energy CEO Jon McKenzie expresses hope for a pivotal carbon capture deal between Ottawa, Alberta, and oilsands producers, despite negotiations extending past the initial April 1 deadline.
The Alberta government is sticking to its established gas tax formula despite Ottawa's announcement of a temporary suspension. Prime Minister Mark Carney's measure aims to reduce fuel costs for Canadians.
NB Power announces the planned maintenance outage at the Point Lepreau Nuclear Generating Station will continue until August, impacting energy operations in New Brunswick.
The Alberta government has introduced legislation establishing a strict 120-day approval timeline for major projects, aiming to streamline processes and boost economic development.
The Alberta government has introduced Bill 30, the Expedited 120-Day Approvals Act, which establishes a streamlined process for major project approvals. Qualified projects meeting specific criteria could receive regulatory decisions within 120 days.
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China's strategic approach to energy security through reserves, diversification, and renewables provides valuable insights for Canada's energy export strategy and market diversification efforts.
Advantech Wireless Technologies, having supported NASA's Artemis astronauts, now plans to adapt its communication systems for Arctic applications, enhancing connectivity in remote northern regions.
The New Brunswick Energy and Utilities Board has approved a 4.29% increase in power rates, impacting residents and businesses across the province starting April 2026.
Stephen MacDonald, former CEO of EfficiencyOne, has been appointed as Nova Scotia's deputy energy minister, bringing expertise in energy efficiency to the provincial government role.
ACORN, a community advocacy group, is calling for urgent action as electricity costs in Nova Scotia skyrocket, citing affordability crises and demanding policy changes to protect residents.
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The Canadian government announces a temporary suspension of excise taxes on gasoline, diesel, and aviation fuel from April 20 to Labour Day, aiming to provide relief amid global price spikes.
Prime Minister Mark Carney announces a temporary suspension of fuel excise taxes until Labour Day, responding to 45% gas price increases in 2026 driven by the Iran conflict. This marks the second tax relief measure this year to address consumer cost press
Escalating tensions in Iran have triggered a severe jet fuel price surge, exacerbating operational challenges for airlines worldwide amid supply chain disruptions.
The dramatic collapse in cocoa futures is fueling optimism that cheaper beans will flow through supply chains, potentially lowering candy prices. Companies are still adjusting after a historic 2024 rally reshaped the chocolate industry.
Prince Edward Island sees a significant drop in diesel fuel prices, with costs decreasing by nearly six cents per liter. This change brings relief to consumers and businesses across the island.
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Amidst ongoing Middle East conflicts and domestic pipeline advancements, Canada's oil and gas sector gathers to discuss investment strategies and future prospects in a volatile global market.
Analysis of potential U.S. naval blockade near the Strait of Hormuz, examining operational logistics and severe consequences for worldwide oil markets and economic stability.
The Grid Strong, Nation Strong conference in Winnipeg featured discussions on achieving energy independence through regional collaboration and infrastructure investments.
A new report reveals Nova Scotia Power has shortened average power outage durations, yet remains above its regulatory target, highlighting ongoing reliability challenges.
Global oil prices have climbed above $100 per barrel, while U.S. stock markets show resilience, buoyed by optimism over potential diplomatic negotiations between the United States and Iran.
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Energy giants Chevron and Shell are reportedly finalizing agreements to develop oil and gas areas in Venezuela, marking a significant expansion in the region amid evolving global energy dynamics.
Physical oil prices have soared to a record high near $150 per barrel due to escalating tensions in the Strait of Hormuz, impacting global markets and supply chains.
Crude oil prices climbed back above the $100 per barrel threshold following the collapse of diplomatic talks between the United States and Iran. Despite the geopolitical tension, U.S. equity markets demonstrated notable stability.
Iran's oil ministry announces plans to restore most refining capacity within two months following an incident at the Abadan facility, amid global oil price volatility.
Global oil prices have surged above $100 per barrel as the United States prepares a blockade of Iranian ports and the Strait of Hormuz, a critical chokepoint for global energy supplies.
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BP is acquiring stakes in three offshore exploration blocks in Namibia, signaling a renewed focus on oil and gas amid global energy market shifts.
