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U.S. companies will be allowed to do business with Venezuela’s state-owned oil and gas company after the Treasury Department eased sanctions, with some limitations, on Wednesday as the Trump administration looks for ways to boost world oil supplies during the Iran war. The Treasury issued a broad authorization allowing Petróleos de Venezuela S.A, or PDVSA,...

Trump says U.S. is nearing its Middle East objectives as allies condemn Iran’s actions in the Strait of Hormuz and warn of global energy impacts.

Canadians are returning home from the Middle East as escalating U.S.-Iran tensions disrupt travel and rattle global energy markets.

Unpaid municipal taxes by some in the energy industry is a long-standing issue, with Alberta's rural communities owed more than $250 million as of last year.

The U.S.-Israeli war with Iran has already halted energy exports from the Middle East, with Tehran closing navigation in the Gulf and forcing production stoppages.

While the election of Avi Lewis as the new federal NDP leader has received mixed response, Lewis says he'll focus on strengthening the grassroots before seeking elected office. 

The Nova Scotia government says the province’s energy system operator has been granted partial approval to build two fast-acting electricity generation plants in Pictou County.

Ottawa has signed a deal with Nova Scotia to simplify federal and provincial environmental approvals on major infrastructure and resource projects.

The World Bank also used fast-disbursing policy development lending facilities to speed hundreds of billions of dollars in relief to developing countries affected by the pandemic.

The risk of an expanded Iran war grew on Saturday as Yemen's Iran-aligned Houthis launched their first attacks on Israel since the start of the conflict.

Canada's lead has brought an enthusiastic rookie energy in her world championship debut with Team Kerri Einarson.

European leaders have deflected entreaties from U.S. President Donald Trump to send military assets to secure the Strait of Hormuz.

Around 878,000 American households were either late on their home loan payments for more than 90 days or were in foreclosure at the end of January, a new report has warned.

The Mina Al-Ahmadi refinery in Kuwait, which can process some 730,000 barrels of oil per day, is one of the largest in the Middle East.

The average price-gap between light U.S. and heavy Alberta crude blends narrowed by 37.5 per cent between 18-month lead-up to TMXs completion and the 18 months that followed.

Rising gas prices have drivers and advocates calling on provincial governments to provide relief, with some floating the idea of cutting or reducing provincial gas taxes. 

In Thailand, an order for civil servants to work from home for the foreseeable future came with another – use the stairs while the energy squeeze continues.

Under the terms of the voluntary pledge, companies intend to build or buy new sources of power generation for their data centers and cover the expense of infrastructure upgrades.

The oil shock from the war is 'already bigger than the peak in either of the 1970s oil shocks, or the first two Gulf Wars,' the note said.

Hydro says about 85 per cent of the camp, which includes 21 dormitories and the construction site office, will be relocated to sites between Prince George and Terrace.