Category : Energy Sector


Alberta Rejects Mega Data Centre Proposal in Olds

The Alberta Utilities Commission has denied an application to construct a large-scale data centre in Olds, marking a significant decision for the region's development and utility infrastructure planning.

Oil Surges Past $90 USD Per Barrel

Global oil prices have soared above $90 USD per barrel, driven by geopolitical tensions and supply concerns, impacting markets and energy sectors worldwide.

South Bow Opens Season for Prairie Connector Pipeline

South Bow Corp. has initiated an open season for its Prairie Connector pipeline project, seeking commitments for 450,000 barrels per day of oil transportation from Alberta to U.S. markets using legacy Keystone XL permits.

Oil Surges 20% as War Paralyzes Hormuz Shipping Traffic

Oil prices are heading for their largest weekly gain since 2022, with Brent crude climbing above $87 per barrel as Middle East conflict severely disrupts shipping through the Strait of Hormuz. Qatar's energy minister warns prices could reach $150.

AltaGas Reports $205M Q4 Profit as Revenue Rises

Calgary-based AltaGas Ltd. announced a $205 million profit for the fourth quarter, with revenue showing a slight increase compared to the previous year, reflecting steady performance in the energy sector.

Oil Up 20% as War Halts Hormuz Traffic

Oil prices are heading for their largest weekly gain since 2022, with Brent crude exceeding $87 per barrel, as the Middle East conflict causes a near-total halt in shipping through the critical Strait of Hormuz, disrupting global energy markets.

Maritime Gas Prices Jump for Third Time This Week

Gasoline prices across the Maritime provinces have surged for the third consecutive time this week, with analysts pointing to global oil market volatility and regional supply constraints as key drivers.

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