Oil

• Canada to release additional 140K barrels of oil per day starting in April

  Canada produced on average 5.3 million barrels per day of crude oil in 2025, according to the Canada Energy Regulator, making the upcoming production jump a 2.6 per cent increase.

  Canada

  Mar 15
  
• Trans Mountain oil exports doubled in 2025, new port data shows

  Canadian crude oil exports shipped from the West Coast nearly doubled in 2025 to reach a new record, with most of it coming via the Trans Mountain pipeline, a new report shows.

  Economy

  Mar 10
  
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• As Iran chokes Strait of Hormuz, U.S. vows $20B for maritime reinsurance

  The U.S. says it has stuck a new agreement to provide up to US$20 billion in reinsurance coverage to 'restore confidence in maritime trade' amid the Iran war.

  World

  Mar 6
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• Could Canada’s energy sector help offset impacts from the Iran conflict?

  As the Iran conflict jeopardizes global oil and gas supplies, Canada's energy and resource sector may be able to offset some of these impacts and see benefits to the economy.

  Canada

  Mar 5
• Poilievre pushes for pipeline approval amid uncertainty in Venezuela

  Conservative Leader Pierre Poilievre is warning the federal government that the possible end of American sanctions on Venezuelan oil could displace Canadian exports to the U.S.

  Canada

  Jan 6
• What is the Strait of Hormuz and why is it so important?

  Tensions are flaring up in the Middle-East and there are already knock-on effects impacting economies globally, including with higher prices for gasoline at the pumps.

  World

  Jun 18, 2025
• Why have gas prices gone up recently, and will they keep climbing?

  Prices have spiked in recent weeks for crude oil, as well as fuels like gasoline at pumps, and although tensions in the Middle East are a big factor, there is more to the equation.

  Consumer

  Jun 16, 2025
• Keystone oil pipeline shut down after a rupture in rural North Dakota

  The pipeline’s shutdown could quickly lead to higher gasoline prices in the Midwest United States, analysts said, but will have a greater impact on diesel and jet fuel.

  Environment

  Apr 8, 2025
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• 1,650 barrels of oil spilled by Enbridge in Wisconsin

  Enbridge said the 70,000 gallon spill on the company's Line 6 was caused by a faulty connection on a pump transfer pipe at the Enbridge Cambridge Station.

  Environment

  Dec 14, 2024
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• Crude oil flowing into B.C. through Trans Mountain pipeline expansion

  Wednesday marks the first official operational day for the Trans Mountain expansion pipeline in both B.C. and Alberta.

  Canada

  May 1, 2024