The discount on Western Canada Select (WCS) heavy crude versus the North American benchmark West Texas Intermediate (WTI) narrowed on Thursday. * WCS for February delivery in Hardisty, Alberta, ...

Crude’s advance at the beginning of the year won’t last if producers’ track record is any guide. Today, oil strategist Julian Lee looks at the challenges facing OPEC+ plans to raise output this year.

(Reuters) – Europe’s imports of liquefied natural gas (LNG) surged to an 11-month high in December, but the gain didn’t come at the expense of Asia, which also recorded higher arrivals. A total of ...

CALGARY — Total Energy Services Inc. says it is planning $61.9 million in capital spending for 2025. The company says the plan comprises $34.3 million of expansion capital and $27.6 million for ...

Alberta’s government plans to directly dedicate barrels of oil for new pipeline projects in a bid to accelerate the expansion of production in the western Canadian province. To support the ...

Federal tax policy was not kind to Canadians in 2024, and that shouldn’t be a surprise. It wasn’t kind to Canadians in 2023, 2022 or any year since 2016 when the Trudeau government established a new ...

CALGARY — The Alberta government is partnering with Calgary-based pipeline company Enbridge Inc. to increase the province’s oil and gas pipeline capacity. The agreement is to begin with a new formal ...

ST. JOHN’S, N.L. — Newfoundland and Labrador politicians are digging into the details of the province’s draft energy deal with Quebec as four days of debate begin today in St. John’s, N.L. The ...

(Reuters) – U.S. energy firms this week kept the number of oil and natural gas rigs unchanged for the fourth week in a row, energy services firm Baker Hughes said in its closely followed report on ...

As we move into 2025, Canada Powered by Women (CPW) is reflecting on the lessons and insights from a pivotal year in Canada’s energy landscape. In 2024, Canadians grappled with significant shifts in ...

As a new year dawns and winter takes hold, it’s worth considering the cost of energy. After a meeting in Italy last spring, the G7 countries (including Canada) pledged to triple renewable energy ...