Canada Oil Industry

• Imperial Oil job cuts come amid wider tech-enabled efficiency push in energy industry

  Imperial Oil's announcement that it's cutting hundreds of jobs is the latest in a long list of industry layoffs, driven by low oil prices, new technology and unfavourable policies.

  Economy

  Sep 30, 2025
  
• Canada’s energy industry faces ‘maelstrom’ of uncertain global economy

  After a week of economic turmoil, Canada's energy industry – and the governments that rely on it for revenue – will be watching the markets closely in the coming days.

  Consumer

  Apr 6, 2025
  
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• ‘We want to be at the table’: Indigenous leaders call for more partnerships after Enbridge deal

  Under the deal, Athabasca Indigenous Investments will hold a minority stake in seven pipeline projects from Enbridge in Alberta's northern Athabasca region.

  Economy

  Sep 28, 2022
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• Canada can increase oil exports to U.S., but won’t be enough to fill Russia gap: experts

  In the wake of U.S. president Joe Biden's move on Tuesday to ban the import of Russian energy products, some have called for an increased role for Canadian oil and gas.

  Economy

  Mar 8, 2022
• Ottawa relaxes clean fuel targets in short term due to coronavirus

  To make up for less stringent emissions reductions in the beginning, fuel producers will have to do more to green up their gasoline and diesel fuels starting 2026.

  Canada

  Jun 19, 2020
• Canada’s battered oil industry cheering for Alberta’s opposition party in upcoming election

  The NDP trails the United Conservative Party (UCP), led by former federal cabinet minister Jason Kenney, 53 to 35 per cent in an Ipsos/Global News poll published this week.

  Politics

  Mar 21, 2019
• Resale value of Trans Mountain pipeline expansion will drop by $700M from year of delay: PBO

  The Parliamentary Budget Officer says likely construction delays and cost increases will drop the resale value of the Trans Mountain pipeline by around $1 billion.

  Canada

  Jan 31, 2019
• Price of oil surges to highest point in 5 weeks

  Much of the gains have been attributed to investor optimism that oil producers will take action to rein in ballooning oversupply.

  Consumer

  Aug 16, 2016