Category : Energy Sector


OPEC+ to maintain oil output policy: Reuters sources

OPEC+ will keep its current oil production policy unchanged, sources told Reuters, despite rising geopolitical tensions between Saudi Arabia and the UAE over Yemen. Read the latest on global energy markets.

U.S. Oil Production Hits Record High in October

The U.S. Energy Information Administration reports a new record for American oil output in October 2025, a development with significant implications for global energy markets and the Canadian energy sector. Read the full analysis.

Venezuela's fuel exports cut to minimum, storage full

Venezuela's oil storage tanks are reportedly filled with residual fuel as exports are slashed to a minimum, according to Reuters sources. Explore the details and implications of this significant development in the global energy sector.

Manitoba Hydro rates rising 4% in 2026

Manitoba Hydro confirms a 4 per cent electricity rate hike for 2026. Get the details on the increase, the reasons behind it, and what it means for Winnipeg consumers.

Calgary gas prices drop below $1 per litre

Drivers in Calgary are seeing relief at the pumps as gas prices tumble below $1 per litre at some stations, a direct impact of lower global oil prices. Find out where and why.

Navy Reactors Proposed to Power AI Data Centres

A Texas power developer has filed a plan to use decommissioned US Navy nuclear reactors to power data centres, aiming to meet surging AI energy demands. The project could be online by 2029.

Venezuela Seeks to Criminalize Oil Tanker Seizures

Venezuela's government is pushing to criminalize the seizure of its oil tankers as former U.S. President Donald Trump increases pressure on Nicolás Maduro's regime. This geopolitical tension could impact global oil markets.

AI Boom Forces Dirty Power Plants Back Online

The explosive growth of AI data centres is straining Canada's power grid, forcing utilities to reactivate polluting 'peaker' plants to meet surging electricity demand. Discover the environmental impact.

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