Oil Economy

• Canada top choice for oil-importing countries in part due to quality, aligned values

  A recent poll by Ipsos shows that Canada is the top choice for oil among global importers, due in part to purchasers being more 'conscious' of where their energy comes from.

  Economy

  Apr 5, 2023
  
• Feds asked themselves if Canada needs more pipelines after Biden scrapped Keystone XL

  The query was posed in a briefing note from Natural Resources Canada prepared in anticipation of meetings with government and industry figures affected by Biden's January decision.

  Economy

  Jun 4, 2021
  
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• Oil and gas spending fell by 54% in last quarter: Stats Can

  Capital spending in the country's oil and gas sector fell by 54 per cent in the quarter ended June 30 as numerous producers chopped budgets amid sliding global oil prices.

  Canada

  Aug 28, 2020
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• OPEC, oil nations agree to record-setting oil production cut amid coronavirus pandemic

  Measures to slow the spread of the coronavirus have destroyed demand for fuel and driven down oil prices, straining budgets of oil producers.

  Canada

  Apr 12, 2020
• Global deal in the works to pump less crude oil, stabilize market

  Oil prices have more than halved since the start of the year amid a pricing war between Saudi Arabia and Russia.

  Economy

  Apr 9, 2020