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 ...

Schadenfreude (google the meaning of it!) can be fun, especially when misfortune falls on the truly deserving. Twenty-twenty-five augurs well for supporters of the oil and gas sector looking forward ...

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 ...

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 ...

Justin Trudeau said Monday that he will leave as Canada’s prime minister in the coming months, ending a political run that included three consecutive election victories and nine years in the country’s ...

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 ...

CALGARY, AB, Jan. 6, 2025 /CNW/ – Headwater Exploration Inc. (the “Company” or “Headwater“) (TSX: HWX) is pleased to report fourth quarter average production volumes of approximately 21,500 BOE/d and ...

(Reuters) – The discount on Western Canada Select (WCS) heavy crude versus the North American benchmark West Texas Intermediate (WTI) narrowed on Thursday, as the new monthly trade cycle got underway: ...