SaskPower to Inspect Wood Power Poles by 2026
SaskPower plans to inspect over 1.2 million wood power poles across Saskatchewan starting in 2026 to ensure safety and reliability of the power grid.
Category : Energy Sector
Lethbridge Firefighter Pay Cuts Proposed to Save EMS
Lethbridge city administration suggests reducing firefighter salaries to retain the integrated fire-EMS model as the province moves to competitive bidding for emergency services.
SaskPower Plans Major Wood Pole Inspection for 2026
SaskPower will inspect more than 100,000 wood power poles in 2026 as part of its infrastructure maintenance program. The utility manages over 1.2 million poles across Saskatchewan.
Tankers Exit Strait of Hormuz with 6 Million Barrels
Tankers carrying 6 million barrels of crude oil have exited the Strait of Hormuz amid heightened tensions, according to shipping data and Iranian media reports.
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UAE Pipeline Bypassing Hormuz 50% Complete
A new UAE oil pipeline bypassing the Strait of Hormuz is 50% complete and on track for a 2027 start, enhancing energy security and reducing geopolitical risks.
Deep Fission Eyes $1.66B Valuation in US IPO
Nuclear reactor developer Deep Fission aims for a $1.66 billion valuation in its US IPO, marking a significant step for the company in the energy sector.
Strait of Hormuz Closure Risks Greatest Energy Shock in Decades
Wood Mackenzie warns a prolonged Strait of Hormuz closure could cause oil prices to reach $200/bbl, with over 11 million b/d of Gulf crude curtailed and 80 Mtpa LNG inaccessible.
Keyera, AltaGas, CN to Launch New Rail Terminal Project
Keyera, AltaGas, and Canadian National Railway announce plans to build a new rail terminal, enhancing energy infrastructure and transportation efficiency.
Xi, Putin Highlight Friendship, Energy Cooperation in Beijing
Chinese President Xi Jinping and Russian President Vladimir Putin met in Beijing, emphasizing their strong bilateral ties and cooperation on energy and other key issues during Putin's visit.
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UN Lowers 2026 Global Growth Forecast Over Mideast Crisis
The UN has downgraded its global economic growth forecast for 2026 due to the ongoing energy crisis in the Middle East, with risks to supply chains and inflation.
Sherritt Halts Cuban Joint Venture Dissolution Plan
Sherritt International has suspended plans to dissolve its Cuban joint venture, citing ongoing negotiations and regulatory considerations.
Alberta Pipeline Timelines 'Best-Case Scenario': CIBC
CIBC analysts say Alberta's West Coast pipeline timing targets are optimistic, calling them a 'best-case scenario' amid regulatory hurdles and construction challenges.
Sherritt Halts Cuba Nickel Venture Dissolution Amid US Sanctions
Sherritt International suspends plans to dissolve its Cuba nickel mining joint venture due to ongoing US sanctions, impacting Canadian mining operations.
Keystone XL Returns: New Pipeline Project Revives Controversy
A new pipeline project revives the Keystone XL concept, aiming to move Alberta crude to the U.S., but critics warn it deepens market dependence.
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ConocoPhillips: Qatar Gas JV Delays of Months, Not Years
ConocoPhillips anticipates delays of months, not years, for its Qatar gas joint ventures, citing ongoing negotiations and project complexities.
Airbus Aims for 10% Cost Reduction Amid Global Challenges
Airbus plans to cut costs by 10% due to global uncertainty and supply chain issues, according to a Reuters exclusive report.
Canada Inflation Hits 2.8% in April on Energy Surge
Canada's inflation rate rose to 2.8% in April, driven by higher energy prices amid the Iran war. Food costs increased 3.8% annually.
Wall Street Dips, Oil Above $100 as Iran Influences Markets
Stock futures point lower and oil prices stay above $100 as Iran's role in global markets intensifies, with investors eyeing geopolitical tensions.
5 Reasons Oil Prices Aren't Higher Despite Hormuz Closure
Despite the Strait of Hormuz closure causing a massive oil supply shock, prices remain around $100 per barrel. Economists cite hope, demand destruction, and other factors.
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Maxus Mining Earns 100% Interest in Penny Copper Project
Maxus Mining Inc. has earned a 100% interest in the Penny Copper Project near Kimberley, British Columbia, fulfilling all obligations under its purchase agreement.
Troilus Expands West Rim Discovery with High-Grade Gold
Troilus Mining Corp. reports new high-grade gold intercepts at West Rim Zone, expanding the discovery within 200 metres of the planned reserve pit at its Quebec project.
Canada needs transparent energy policies for investment
Canada's mixed signals on energy projects deter investors. Consistent policies are crucial for attracting capital for pipelines and carbon capture.
Prince William to Sell 20% of Duchy of Cornwall Property
Prince William plans to sell 20% of the Duchy of Cornwall's $1.3B portfolio over 10 years to fund affordable housing, renewable energy, and community projects amid royal transparency calls.
Oil Price Volatility Drives Global Stock Market Swings
Oil prices continue to fluctuate, causing global stock markets to swing. Traders remain cautious amid uncertainty in energy markets and economic outlook.
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Oil Price Reversal Helps Global Stock Markets Stabilize
A reversal in oil prices helped stabilize global stock markets on May 18, 2026, as investors regained confidence amid economic uncertainty.
Stocks Fall, Oil Rise After Trump Warns Iran
Stock markets declined and oil prices climbed after President Trump issued a warning to Iran, saying 'the clock is ticking.' The comments raised geopolitical tensions, impacting global markets.
Fire at Etobicoke Fireworks Store After Car Crash
A car crashed into a fireworks store in Etobicoke, sparking a major fire. Toronto firefighters responded quickly. No injuries reported so far.
Trump Returns from China with Limited Progress on Hormuz
Iran says Strait of Hormuz transit will normalize once security is restored, after Trump's China visit yielded little progress on reopening the critical waterway.
Alberta, Ottawa Pipeline Deal Paves Way for Carbon Capture
Alberta and Ottawa sign an agreement on industrial carbon pricing to support a new pipeline and the Pathways carbon capture project, with industry negotiations ahead.
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B.C. Premier Eby Bullish on Kitimat LNG Expansion
Premier David Eby predicts a final investment decision for LNG Canada's expansion in Kitimat by year-end, citing recent financial commitments and government support.
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