Category : Energy Sector


MAX Power and CEO Finalists for Three National Hydrogen Awards

MAX Power Mining Corp. and CEO Ran Narayanasamy have been selected as finalists for three prestigious awards at the 2026 Canadian Hydrogen Convention in Edmonton, coinciding with the company's advancement of Canada's first confirmed subsurface natural hyd

Montreal Gas Prices Soar as Conflict Escalates

Gas prices in Montreal have surged by nine cents per litre due to Middle East tensions, with further increases predicted. Meanwhile, cold weather persists with wind chills near minus-10°C.

U.S. Energy Chief: Iran Conflict's Market Impact Temporary

U.S. Energy Secretary Chris Wright stated that the disruption to energy markets from the Iran conflict will be temporary, calling it a small price for U.S. military goals, amid rising oil prices and shipping paralysis in the Strait of Hormuz.

Venezuela Oil Exports Hit 7-Year High Under U.S. Watch

Venezuela's main oil terminal is set to reach its highest export volume since 2019, with March shipments projected at 848,000 barrels daily. This surge comes as U.S. forces capture Nicolas Maduro and the Trump administration eases port congestion.

Saskatchewan Leads Cross-Canada Electricity Grid Agreement

Saskatchewan and nine other provinces and territories have signed a historic memorandum of understanding to build a national electricity transmission network, aiming to enhance energy security and grid reliability across Canada.

Iran Conflict's Impact on Global Oil Markets and Canada

As military tensions escalate in the Middle East, oil market analysts examine how disruptions in the Strait of Hormuz could spike global oil prices, affecting Canadian energy sectors and economic stability worldwide.

Western Cuba Blackout Leaves Millions Without Power

A widespread power outage hit western Cuba on Wednesday, impacting millions from Havana to Camaguey. This is the second major blackout in three months, exacerbating the island's severe energy crisis linked to dwindling oil reserves and infrastructure issu

Ottawa to Cover Bay du Nord's UN Fees, Up to $1 Billion

The federal government has agreed to cover the United Nations fees for the Bay du Nord offshore oil project, with costs potentially reaching $1 billion. Fisheries Minister Joanne Thompson announced the decision in St. John's.

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