Oil And Gas
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Boosting oil production could ramp up Canada’s GDP and jobs, study suggestsCanada may have the ability to substantially raise its GDP and add thousands of new jobs by building more oil pipeline infrastructure, a new study suggests.CanadaMar 20
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Iran threatens recreational, tourist sites worldwide as war rages onThe Mina Al-Ahmadi refinery in Kuwait, which can process some 730,000 barrels of oil per day, is one of the largest in the Middle East.WorldMar 20
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Trump threatens to ‘massively blow up’ world’s largest natural gas fieldThe strikes, in retaliation for an Israeli attack on a key Iranian gas field, sent fuel prices soaring and risked drawing Iran’s Arab neighbours directly into the conflict.WorldMar 19
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Carney climate plan at risk as Canadian oil companies stress need to boost productionA 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.EnvironmentMar 18
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Alberta reviewing plan on forcing oil companies to pay outstanding municipal taxesUnpaid municipal taxes by some in the energy industry is a long-standing issue, with Alberta's rural communities owed more than $250 million as of last year.EconomyMar 16
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Landowners take stand over years of missed payments by delinquent oil companyThe 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.EnvironmentMar 13
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Gas rises to $1.50 in Edmonton as Middle East conflict pushes up oil pricesWest 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.EconomyMar 6
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CNRL defers oilsands mine expansion, citing regulatory uncertaintyCNRL 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.MoneyMar 5
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Danielle Smith calls on Carney to speed up major project approvalsAlberta Premier Danielle Smith says renewed production in Venezuela would see more crude bound for U.S. refineries and create further competition for Canadian oil.PoliticsJan 9
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Trans Mountain poised for expansions as pipeline fills upTrans 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.EconomyNov 28, 2025
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