Canada Oil Industry
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Canadian oilpatch holding off investment changes despite surge in crude pricesThe surge is oil and gas prices caused by the war in the Middle East hasn't changed the immediate investment plans of Canadian producers, say industry executives.ConsumerApr 15
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Deloitte sees Canada’s oilpatch as ripe for deals once turmoil blows overThe war in Iran, and the global oil supply crisis it has helped create, makes Canada appear to be safe place for investors, according to the international consulting firm Deloitte.MoneyApr 8
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Imperial Oil job cuts come amid wider tech-enabled efficiency push in energy industryImperial 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.EconomySep 30, 2025
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Canada’s energy industry faces ‘maelstrom’ of uncertain global economyAfter 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.ConsumerApr 6, 2025
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‘We want to be at the table’: Indigenous leaders call for more partnerships after Enbridge dealUnder the deal, Athabasca Indigenous Investments will hold a minority stake in seven pipeline projects from Enbridge in Alberta's northern Athabasca region.EconomySep 28, 2022
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Canada can increase oil exports to U.S., but won’t be enough to fill Russia gap: expertsIn 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.EconomyMar 8, 2022
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Ottawa relaxes clean fuel targets in short term due to coronavirusTo 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.CanadaJun 19, 2020
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Canada’s battered oil industry cheering for Alberta’s opposition party in upcoming electionThe 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.PoliticsMar 21, 2019
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Resale value of Trans Mountain pipeline expansion will drop by $700M from year of delay: PBOThe Parliamentary Budget Officer says likely construction delays and cost increases will drop the resale value of the Trans Mountain pipeline by around $1 billion.CanadaJan 31, 2019
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