CALGARY - The Alberta government has launched a website for the bitumen pipeline it wants to see built to the northwest B.C. coast. It says the page will act as a central hub for project information and updates to ensure transparency and open dialogue. It includes a section dedicated to debunking myths, such as that construction has begun, the province is paying for the project and that a route has been decided. In October, the province announced it would spend $14 million on early [Read more]
Five ways U.S. intervention in Venezuela could affect Canada
OTTAWA - U.S. President Donald Trump stunned the world on the weekend by ordering a military raid on the Venezuelan capital, capturing President Nicolas Maduro and bringing him to New York to face charges. The move has challenged international law and could drastically reshape the situation in Venezuela, where violent repression and economic mismanagement — together with Western sanctions — have driven a migration crisis across North and South America. Here's how these drastic changes [Read more]
Deloitte sees oil hovering at US$58 a barrel as glut drags, while Alberta gas rises
CALGARY - The latest energy forecast from consulting firm Deloitte sees lacklustre crude oil prices continuing this year and natural gas prices picking up steam. West Texas Intermediate, the key U.S. light oil benchmark, is expected to average US$58 a barrel -- about where it's trading at currently. That's about 20 per cent lower than it was at this time last year and about 12 per cent below the commodity's 2025 average. Deloitte partner Andrew Botterill says the forecast doesn't [Read more]
Poilievre calls for immediate pipeline approval following U.S. action in Venezuela
OTTAWA - 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. — and is urging the Liberals to "immediately approve a pipeline to the Pacific Coast." In a letter to Prime Minister Mark Carney posted on social media Tuesday, Poilievre said the action taken by the United States over the weekend has "altered the global energy landscape." U.S. President Donald Trump [Read more]
Alberta’s Danielle Smith says Maduro capture outlines urgency of West Coast pipeline
EDMONTON - Alberta Premier Danielle Smith says the American capture of Venezuelan President Nicolás Maduro underlines the urgency of building oil pipelines to export Canadian oil to new markets. U.S. President Donald Trump sent political shock waves around the world with the weekend military raid, saying Washington aimed to seize the South American country's oil reserves. Smith says the events "emphasize the importance that we expedite the development of pipelines to diversify our oil [Read more]
Canadian oil stocks down after U.S. forces capture Maduro
CALGARY - Shares of Canada's big oil companies fell in early trading after the U.S. military captured Venezuelan President Nicolás Maduro on the weekend. Canadian Natural Resources Ltd. fell $3.79 or about eight per cent to $43.33, while shares in Cenovus Energy Inc. lost $2.08 or about 8.7 per cent at $21.97 on the Toronto Stock Exchange. Shares of Suncor Energy Inc. were down $3.53 at $59.08. Venezuela has large oil reserves but its industry is in disrepair after years of neglect and [Read more]
Canada’s oil sector shouldn’t panic, stay competitive after Maduro’s seizure: expert
EDMONTON - A political scientist says U.S. President Donald Trump's interest in transforming Venezuela's oil-rich sector is a reminder for Canada's oil and gas industry to not panic and stay competitive. Heather Exner-Pirot, director of energy, natural resources and environment with the think-tank Macdonald-Laurier Institute, says Canada has always competed with other oil-rich countries, and Trump's recent claims his country will "run" oil-rich Venezuela is a medium-term risk to Canada. She [Read more]
N.S. premier ran on taxes and health care, but pivoted in 2025 to focus on energy
HALIFAX - In the year since the Nova Scotia Progressive Conservatives under Premier Tim Houston won a resounding second mandate, the government's focus has largely been on a topic that didn't get much attention during the 2024 election campaign. Houston's Tories have lifted a moratorium on fracking and a ban on uranium mining, and opened calls for offshore oil and gas exploration bids. They've introduced measures to streamline both the environmental assessments for energy projects and the [Read more]
Nova Scotia ready for private companies to start exploring for onshore natural gas
HALIFAX - The Nova Scotia government is working with Dalhousie University to issue a call for companies interested in exploring for onshore natural gas in the province. The $30-million project will see the university conduct research and set qualification criteria for companies interested in drilling exploratory wells. Companies will still need regulatory approval from the Department of Energy before they can start drilling. The government also says it may take equity stakes in drilling [Read more]
U.S. carbon capture firm says Alberta ticks boxes to get technology off the ground
CALGARY - The chief executive of a U.S.-based carbon capture startup embarking on a project in Alberta's oilsands says Canada ticks a lot of the boxes needed to bring the emissions-reducing technology into widespread use. "Alberta specifically is a really great confluence of all the right factors coming together to give Canada a chance to lead in this ecosystem," said Cameron Halliday, co-founder of Cambridge, Mass.-based Mantel Capture. "You've got the policy support. You've got the [Read more]
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