Oil And Gas

• Gas rises to $1.50 in Edmonton as Middle East conflict pushes up oil prices

  West Texas Intermediate, the North American benchmark, went from US$71 per barrel on Monday to $90US a barrel on Friday — the biggest weekly gain since Russia invaded Ukraine.

  Economy

  Mar 6
  
• CNRL defers oilsands mine expansion, citing regulatory uncertainty

  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.

  Money

  Mar 5
  
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• Danielle Smith calls on Carney to speed up major project approvals

  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.

  Politics

  Jan 9
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• Trans Mountain poised for expansions as pipeline fills up

  Trans Mountain said in recent months, the Alberta-to-British-Columbia pipeline that can transport 890,000 barrels a day has regularly been at 90 per cent utilization or higher.

  Economy

  Nov 28, 2025
• Lower oil and gas industry spending in 2026 predicted by energy service group

  In its annual State of the Industry report, Enserva says total oil and gas capital spending is expected to drop by 5.6 per cent this year and by a further 2.2 per cent in 2026.

  Economy

  Nov 26, 2025
• Alberta county divided over proposed nuclear plant

  Amid the sprawling canola fields, white spruce and jack pine trees, fireweed and goldenrods of northern Alberta, Pat McNamara is having a case of nuclear déjà vu.

  Nov 15, 2025
• Canadian oil and gas producers applaud Ottawa’s latest major projects list

  CAPP president Lisa Baiton said the new list moves Canada toward becoming a "global energy superpower," something Prime Minister Mark Carney has said repeatedly is his goal.

  Money

  Nov 14, 2025
• Federal budget signals tone shift on oil and gas, but key details still unclear: experts

  The 2025 federal budget has signalled a shift in tone on the oil and gas sector, but experts say there's still a lot of unknowns in how that will actually play out.

  Money

  Nov 5, 2025
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• Cenovus ‘resolute in our commitment’ to MEG deal, CEO says

  Cenovus foresees no further wrinkles in its takeover bid for MEG Energy, a day after a shareholder meeting to approve the deal was delayed due to a last-minute regulatory issue.

  Money

  Oct 31, 2025
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• Carney to pitch Canada as reliable partner in Asia

  Prime Minister Mark Carney is pitching Canada as a reliable partner for Southeast Asia, committed to rules-based trade as U.S. President Donald Trump rewrites global trade norms. 

  Politics

  Oct 25, 2025