With the Strait of Hormuz closed to oil shipments, nations worldwide are prioritizing energy security over climate goals. Households and industries face economic strain as oil prices surge dramatically.
Motorists in Atlantic Canada are facing slightly higher fuel costs as gas prices increase in Nova Scotia and New Brunswick, with analysts pointing to market fluctuations and seasonal demand shifts.
Global study reveals energy executives prioritizing autonomous operations, with 59% warning delayed adoption increases costs. AI emerges as key enabler amid rising electricity demands.
Plans to extend the life of Estevan and Coronach coal plants by 25 years may now come with a much higher price tag, raising concerns over financial and environmental impacts in Saskatchewan.
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The Horne Smelter in Rouyn-Noranda, located 600 km northwest of Montreal, injects $500 million into Quebec's coffers each year, highlighting its economic significance amid ongoing environmental and social discussions.
The Residential and Civil Construction Alliance of Ontario praises the 2026 budget's focus on tax relief and sustained infrastructure spending to tackle global economic challenges.
Alberta's push to attract billions in data centre investment could strain the provincial power grid, potentially leading to higher electricity prices for households despite economic benefits.
President Trump's war in Iran has led to a sharp rise in gas prices, with the U.S. average climbing nearly $1 per gallon as oil barrel prices exceed $100, driven by Middle East conflict closing the Strait of Hormuz.
Financial markets indicate growing concerns over oil prices potentially surging to $150 per barrel as the Strait of Hormuz remains closed, disrupting global crude shipments and heightening geopolitical tensions.
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Patrick Decostre, CEO of Boralex, details the strategic benefits of the $9 billion acquisition by Brookfield, addressing stakeholder impacts and future equity considerations in the renewable energy sector.
Alectra Utilities announces a $28.6 million investment in Brampton's electricity grid for 2026, focusing on infrastructure renewal, modernization, and faster power restoration to support the city's rapid growth.
Calgary-based energy giant Enbridge anticipates protests and plans to fund U.S. law enforcement agencies, highlighting tensions in cross-border operations.
Analysis reveals how President Trump's policy shifts on Iran are closely tied to oil market volatility, with his administration attempting to control gasoline prices ahead of midterm elections as Brent crude experiences dramatic fluctuations.
Barrick Gold Corporation postpones its Reko Diq copper-gold project in Pakistan due to escalating security issues, impacting mining operations and investment.
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Iran has earned hundreds of millions in extra oil income since the war began, benefiting from price surges as it remains the only major exporter using the Strait of Hormuz, with exports holding steady at 1.6 million barrels daily.
Ottawa drivers will see a significant 6-cent per liter drop in gasoline prices this Friday, continuing the recent roller coaster of fuel cost fluctuations in the region.
Motorists in Toronto can expect relief at the pumps as gas prices are forecast to decrease by six cents per litre this Friday, according to industry analyst Dan McTeague.
Aduro Clean Technologies has become a member of Chemical Recycling Europe, strengthening its position as it develops its first-of-a-kind industrial plant in the Netherlands and engages in regulatory frameworks.
Rystad Energy estimates a $25 billion repair cost for Gulf oil infrastructure damaged in Middle East conflict, with recovery taking up to five years due to structural constraints beyond capital.
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Alberta's push to attract $100 billion in data centre projects could increase electricity prices due to higher demand, though officials promise to maintain grid affordability and reliability.
Northern Canadian communities face significant infrastructure challenges, particularly in power generation and distribution, due to their remote locations and sparse populations, highlighting a critical national issue.
Enbridge's proposal to cover policing costs for a pipeline reroute in the United States has ignited debate, with critics questioning corporate influence on public safety operations.
A letter to the editor argues for solar energy as a cheaper alternative to oil, citing recent price spikes, while others defend oil and LNG dominance in global markets.
A memorandum of understanding between Alberta and Ottawa outlines conditions for a potential new oil pipeline to Canada's west coast, even as British Columbia downplays its economic feasibility.
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LNG Canada and Coastal GasLink have finalized a pipeline agreement, marking a significant step toward realizing these major energy projects in British Columbia.
LNG Canada has reached a pivotal agreement to lead construction for doubling the Coastal GasLink pipeline's capacity, supporting a second phase of the Kitimat LNG export facility in British Columbia.
Analysis highlights how two decades of Liberal government energy policies, starting with Kyoto ratification, have harmed Canada's economy by prioritizing unrealistic renewable goals over practical oil and gas reliance.
Enova Power Corp customers in Kitchener are reporting unusually high electricity bills, prompting concerns and an internal review by the utility company to identify the causes.
Montage Gold Corp. reports significant construction progress at its Koné gold project, which remains on budget and ahead of schedule for a late 2026 gold pour. Exploration activities continue with extensive drilling programs.
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Alberta and the federal government have agreed on methane equivalency, a key step in their 2025 energy MOU, aiming for 75% emissions reduction by 2035.
