The war in the Middle East has all but halted oil shipments out of the Persian Gulf, making fuel products derived from crude more expensive and, in some parts of the world, scarce.

While the spike in the price of gasoline is squeezing consumer budgets, the skyrocketing price of diesel could soon have consumers digging even deeper into their pocket.

A key plank of Canadian Prime Minister Mark Carney's climate plan is unlikely to hit its implementation date, raising new doubts about Canada meeting its climate change goals.

The group says MAGA Energy hasn't paid its lease for three years, and therefore the company is no longer allowed on their land in Edmonton.

CNRL says it's putting Jackpine mine expansion spending on hold until it gets more clarity around expected changes to federal carbon pricing and methane emissions rules.

Danielle Smith says any disruption in the Strait of Hormuz, a key oil choke point at the mouth of the Persian Gulf, underscores the need for a new Alberta pipeline to the Pacific.

South Bow's plans to revive the Keystone XL Pipeline would need Trump approval, better connections to existing U.S. pipeline network, say industry insiders.

Pembina says the two pipeline expansions it has sanctioned in Alberta and B.C. represent a total investment of $425 million and are set to come into service next year.

Suncor said it delivered record production during the fourth quarter of 2025 despite mucky conditions that caused problems for at least one of its nearby Alberta oilsands peers.

Alberta Premier Danielle Smith says renewed production in Venezuela would see more crude bound for U.S. refineries and create further competition for Canadian oil.