Category : Energy Sector


Hydro-Quebec Proposes 13¢/kWh Rate for Data Centres

Hydro-Quebec has unveiled a new electricity rate proposal specifically targeting data centres, setting it at 13 cents per kilowatt-hour. This strategic move aims to attract tech investments while managing Quebec's energy resources effectively.

Cenovus Energy Q4 Profit Rises on Higher Production

Cenovus Energy announced a significant increase in fourth-quarter profit, attributed to higher production levels. The Canadian oil sands producer's performance highlights ongoing strength in the energy sector.

SaskPower to Buy Power from K+S Potash Facility

SaskPower has signed a power purchasing agreement with K+S Potash Canada to acquire up to 62 megawatts of electricity from a natural gas facility at the Bethune mine, starting in late 2026.

Congo State Miner Strikes Copper Deal with Glencore's KCC

Gecamines, the Democratic Republic of Congo's state mining company, has negotiated rights to market significant copper output from Glencore's Kamoto Copper Co. mine, expanding its role in global copper trading amid booming production.

B.C. Budget: LNG Growth vs. Business Tax Concerns

British Columbia's 2026 budget highlights LNG exports as a revenue driver, but business groups criticize rising taxes and ballooning deficits. Finance Minister Brenda Bailey emphasizes economic growth measures.

TC Energy Targets U.S. Data Centre Expansion

Calgary-based TC Energy is strategically pivoting to capitalize on the booming U.S. data centre market, aiming to leverage its infrastructure expertise for growth in the digital economy.

Cameco Posts $199M Q4 Profit as Uranium Demand Rises

Cameco, a leading uranium producer, announced robust fourth-quarter earnings of $199 million, highlighting a positive trend in the nuclear energy sector. The company's performance reflects increasing global demand for uranium as nations seek cleaner energ

Venezuela Grants More Oil Land to Chevron, Repsol

Venezuela plans to award additional oil-production blocks to Chevron and Repsol as the Trump administration encourages private investment to revive the nation's energy sector and counter Chinese and Russian influence.

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