OTTAWA - Cheaper prices at the gas pumps and grocery store helped bring down inflation in October, Statistics Canada said Monday. The annual rate of inflation cooled to 2.2 per cent in October – a tick higher than economists’ expectations but down from 2.4 per cent in September. Gas prices fell 4.8 per cent on a monthly basis in October as retailers switched to cheaper winter blends of fuel and global crude oil prices dropped on concerns of oversupply. Prices at the grocery store also [Read more]
News
StackDX Surpasses 50 Million Active Documents
Today marks a major milestone for StackDX: we’ve officially passed 50 million active documents on the platform. This achievement reflects the trust teams place in StackDX to power their workflows, centralize knowledge, and accelerate decision-making at scale. From fast-growing startups to the largest E&P companies in Canada, oil and gas companies are increasingly turning to StackDX to bring structure to unstructured content and unlock the full value of their information. Hitting 50 million [Read more]
Energy & Trade: The Canadian Opportunity
GLJ Sustainability & Emissions Management Webinar The global trade landscape is undergoing unprecedented transformation; the energy sector is not immune. From geopolitical tensions to shifting supply chains and evolving market dynamics, these disruptions are prompting a strategic reassessment across the industry. Yet, with change comes opportunity. As one of the world’s top oil and gas producers—and home to some of the largest proven reserves—Canada is uniquely positioned to lead through [Read more]
The future of the energy transition will be fractured, bumpy and long: Bousso
As COP30 kicks off its second week in Brazil, much has changed since the landmark Paris climate agreement was penned 10 years ago. The spirit of cooperation that once reigned has been shattered by economic rivalries and a stark divergence in climate policies among the world’s biggest polluters. The landmark UN COP21 climate agreement signed in Paris on December 12, 2015 saw 195 nations commit to setting binding targets to reduce greenhouse gas emissions to limit global warming to "well [Read more]
Surge Energy Inc. confirms December 2025 dividend
CALGARY, AB, Nov. 17, 2025 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on December 15, 2025, in respect of November 2025 production, for the shareholders of record on November 30, 2025, will be $0.043333 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Surge is an intermediate, publicly traded oil company focused on enhancing shareholder returns through free cash flow [Read more]
Saudi crown prince visits US with defence, AI and nuclear on the agenda
A visit by Saudi Arabia's de facto ruler to the White House for talks on Tuesday with U.S. President Donald Trump aims to deepen decades-old cooperation on oil and security while broadening ties in commerce, technology and potentially even nuclear energy. It will be the first trip by Crown Prince Mohammed bin Salman to the U.S. since the 2018 killing of Saudi critic Jamal Khashoggi by Saudi agents in Istanbul, which caused a global uproar. U.S. intelligence concluded that MBS approved the [Read more]
Eby says B.C. is at a ‘pivot point’ as he promises future based on natural resources
VICTORIA - British Columbia Premier David Eby says the province finds itself at a “pivot point” between an “old order that is fading” and a “new one that has yet to be defined.” Eby, who is speaking to delegates at the convention of British Columbia's New Democrats in Victoria, says British Columbia has everything it needs to build a “stronger, more secure future” for everyone. Eby says B.C. will turn its natural resources into the wealth needed to “sustain strong public services for [Read more]
Shell ordered to pay Venture Global’s legal fees after arbitration loss
Venture Global said on Friday that following Shell’s recent loss in arbitration over liquefied natural gas (LNG) supply claims, an International Chamber of Commerce panel has issued an award ordering Shell to pay its legal fees. "Venture Global looks forward to putting these proceeds toward our coastal restoration efforts along the Gulf of America," a company spokesperson said, referring to the Gulf of Mexico. Earlier this week, Reuters reported that Shell challenged its defeat in the New York [Read more]
Waterous Energy Fund Acquires Shares of Greenfire Resources Ltd.
CALGARY, Alberta--(BUSINESS WIRE)--Waterous Energy Fund Management Corp. (the "WEF Manager"), in its capacity as manager of certain limited partnerships comprised of Waterous Energy Fund III (Canadian) LP, Waterous Energy Fund III (US) LP, Waterous Energy Fund III (International) LP, Waterous Energy Fund III (Canadian FI) LP and Waterous Energy Fund III (International FI) LP (collectively, "WEF"), announced today that it has purchased 1,926,055 common shares (the "Purchased Shares") of Greenfire [Read more]
Discount on Western Canada Select narrows slightly
The discount on Western Canada Select to North American benchmark West Texas Intermediate futures narrowed slightly on Thursday. WCS for December delivery in Hardisty, Alberta, settled at $11.65 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, down from $11.70 on Thursday. * Canadian crude storage levels remain below the five-year average, said Enverus analyst Michael Berger. The Trans Mountain pipeline system, which exports Canadian crude to U.S. and Asian markets [Read more]
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