Oil and gas news today canada. 15 billion, up from $5.

Oil and gas news today canada For full functionality of this site it is necessary to enable JavaScript. alberta. Published On 19 Feb 2025 19 Feb 2025 Russia-Ukraine war: List of key events Nov 4, 2024 · OTTAWA — Oil and gas producers in Canada will be required to cut greenhouse gas emissions by about one-third over the next eight years under new regulations being published today by Environment Minister Steven Guilbeault. " 4 days ago · German regulator signals EU may ease gas storage mandates Monday 07 April 2025 09:15. Will pumping out more oil really save Canada from Trump? Taylor C. "Top 10 Oil-Producing Countries. Mar 3, 2025 · Analysts at the bank reduced their 2025 Canadian rig count forecast by about 5 per cent as a result, to average 175 active rigs versus a prior projection of 185 rigs. , Alberta is province most exposed to tariff disruptions Kyle Bakx , Joel Dryden · CBC News · Posted: Jan 16, 2025 4:00 AM EST | Last Mar 10, 2025 · Energy Secretary Chris Wright said the U. Jan 19, 2025 · Consequently, much of that U. From oil & gas, to renewables, to the energy transformation, we've got it for you right here and right now! Apr 4, 2025 · Covering the latest oil and gas news including shale, lng, drilling, exploration and production. dropped as low as US$60. 2 million by Deloitte Touche Tohmatsu Ltd. 19 hours Today’s Oil Prices Aren’t Survivable For Search Oil & Gas Jobs. Canada, with its proximity to the U. Indeed Jan 13, 2025 · Canadian oil and gas stocks fell the most this year, even as US producers rallied, after Alberta’s premier warned that the incoming Trump administration is likely to put tariffs on oil and gas Oil and Gas videos and latest news articles; GlobalNews. shale oil began to be exported to refineries overseas that were better suited to handle it. Jul 29, 2024 · The companies will be expected to elaborate on the effect of the Trans Mountain Pipeline expansion (TMX), which officially opened on May 1. 09:03 AM EST | April 11, 2025 Jan 31, 2025 · “The inclusion of Canada oil in a 25% tariff on Canada and Mexico would likely initially raise gasoline prices in the US Midwest, and eventually weigh on crude prices globally (via weaker demand) and especially in Canada, where producers have limited export options,” Goldman Sachs Group Inc. is Canada's largest trade partner and destination for over 75 per cent of exports. We cover breaking news and updates on Canada's oil and gas businesses, with stories on prices, stocks, product and trade developments. Oil and gas is the largest category, at over 20 per cent. for customers if Trump's tariff threats create uncertainty. Aug 23, 2023 · The roughly 375,000 barrel per day (bpd) increase in two years would be more than Canada, the world's fourth-largest oil producer, has managed to add over the last five years combined, even after Jan 21, 2025 · President Donald Trump’s repeated threats to slap steep tariffs on Canada and other friendly nations have left Toronto with some of the world’s worst-performing oil and gas stocks. Canada Oil and Gas Market News In March 2022, Pembina Pipeline Corp. for $1. 15 billion, up from $5. Box 100938 Denver, CO 80250 Linkedin X-twitter Facebook Youtube Sign up to receive daily news and stock prices from Oil & Gas 360® directly in your email inbox. Speaking Aug 13, 2024 · Canada’s Tourmaline Oil Corp. The global oil and gas industry remains a cornerstone of the world's energy infrastructure, with daily oil production exceeding 100 million barrels and natural gas playing Latest news releases from Tourmaline. Jan 23, 2025 · U. Read the latest Oil & Gas News. Jan 4, 2025 · As the new year opens, Canadian oil and gas leaders expect more mergers and acquisitions, and relatively flat oil prices — and for domestic natural gas markets to be fortified by the LNG Canada Aug 1, 2024 · Canada's largest oil and gas producer is postponing the start of production from some of its planned new natural gas wells due to persistent low prices. O. 7:26 AM EST Feb 1, 2025 · Trump said Friday the levy on oil would "probably" be set at 10 per cent as opposed to the 25 per cent tariffs on other goods, but it was unclear whether the lower rate would apply from the start. Canadian oil and gas producers ’looking through’ market volatility: CAPP CEO West Texas Intermediate crude prices have lost about US$10 over the last week to hover around US$60 a barrel. Jul 16, 2024 · CAPP said in May that Canada's oil and gas industry could lose US$55 billion (C$75 billion) in upstream investment by 2035 if the federal government implements the stringent 40% emissions cap from Oct 16, 2024 · The IEA’s headline thesis — that oil demand could peak before the end of the decade — might provoke some anger among oil bulls and investors, but other experts point out that the agency’s baseline projection (factoring in only existing policies and market trends) still pegs global liquids demand at a bit less than 100 mmb/d by 2050, a Nov 27, 2024 · Nov 27 (Reuters) - Canada's environment minister warned on Wednesday that oil and gas companies would be breaking federal laws if they withheld emissions data, after Alberta's premier said the Sep 24, 2024 · The US and Canada have agreed to begin negotiations over claims to an Arctic seabed that may be rich in oil and is of growing strategic importance as Russia and China ramp up their presence in the Latest News thyssenkrupp Uhde to deliver sustainability and digital services for Brunei Fertilizer Industries 4/10 TransTech and Metalforms complete acquisition of Koch Heat Transfer's assets 4/10 Dec 4, 2023 · Today, the Honourable Steven Guilbeault, Minister of Environment and Climate Change, announced at the Global Methane Pledge Ministerial that Canada has published strengthened oil and gas methane regulations to cut emissions from this potent greenhouse gas. oil players is now above $62', Matthew Bernstein, Rystad Energy Vice President, North American Oil and Gas, said. for all its oil and gas assets — encompassing reserves previously valued at $105. A 2023 IEA report ranks Canada’s oil and gas sector as the seventh-least-intensive among major oil and gas producers. Nov 4, 2024 · The Alberta government says federal draft regulations that would require oil and gas producers in Canada to cut greenhouse gas emissions by 35 per cent below 2019 levels will "lead Alberta and our World Oil provides news, oil prices, data, statistics, shale reports and upstream industry trends relating to the exploration, drilling, completion and production of oil and gas, both onshore and Jan 7, 2025 · The Alberta government is partnering with Calgary-based pipeline company Enbridge Inc. 4 days ago · Stay on top of your portfolio with real-time data, historical charts and the latest news on the oil and gas industry on BNN Bloomberg. Apr 3, 2025 · From oil & gas, to renewables, to the energy transformation, we've got it for you right here and right now! EnergyNow. The new pipeline connects Alberta and British Columbia and has a capacity of 590,000 barrels per day, which should provide better prices to Canada’s oil producers and reduce the price differential between Canadian and U. "Today is a fantastic day for Jan 10, 2025 · The U. While that is bad news for Canadian oil producers, it isn’t nearly as bad as it looks. 45 per barrel today. Nearly all Apr 3, 2024 · The report by Deloitte Canada identifies potential water shortages in Western Canada as a key risk facing the oil and gas sector in 2024. 53 per litre, down from $1. Oil price charts for Brent Crude, WTI & oil futures. 6% in the year-to-date, more than 4x the 4. — Canada's largest natural gas producer — said it would purchase privately held Bonavista Energy Corp. Canada joins world's gas elite after massive Alberta resource boost Published 13 March 2025 13: 4 days ago · TORONTO (Reuters) -CEOs of Canadian oil and gas producers said on Tuesday they are seeking to avoid making abrupt decisions about spending or production, as global oil prices hit four-year lows and recession fears grow. DOB Energy is the most trusted source of exclusive news, data and analysis for Canada’s oil and gas industry. Noakes. to sell its crude. ” Jan 24, 2025 · Gas Imports from Canada by State (mcf/yr) 2023. Jun 6, 2024 · In 2022, oil and gas extraction companies made $270 billion in total revenue and $63 billion in profits in Canada, according to Statistics Canada. May 9, 2024 · Canada's oil and gas industry is thriving, with record-breaking oil production and a strategic focus on reducing reliance on US markets. 3 billion, or $950 million, as part of expansion plans ahead of an expected uptick in natural gas prices Jan 6, 2025 · CALGARY — Canadian oil and gas stocks climbed Monday on the news of Prime Minister Justin Trudeau's resignation, but analysts say the country's energy sector will still be challenged by uncertainty in the months to come. Tourmaline is a Canadian senior oil and natural gas company focused on long-term growth through an aggressive exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin. While some oil sands operations have reduced the amount Oct 17, 2023 · The latest headline-grabbing deal was announced Monday, when Tourmaline Oil Corp. oil. All commodity prices are for front-month contracts in USD and update in real-time. Jan 13, 2025 · Canadian oil and gas stocks fell the most this year, even as US producers rallied, after Alberta’s premier warned that the incoming Trump administration is likely to put tariffs on oil and gas imports. Apr 2, 2025 · Fact-based news and research demonstrating that Canada is the world's energy solution Fact-based stories and research demonstrating that Canada is the solution to improving global energy security while helping reduce emissions. President Donald Trump took another swipe at Canada on Thursday, calling the long-standing ally “tough to deal with” and claiming the U. 5 Million-Mile Gas Pipeline Network as Feds Step In; 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers; Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests; Canada’s Canceled Oil Pipelines: The Projects That Didn’t Make It Feb 20, 2025 · The heavy dependence on the United States for Canadian oil exports has rekindled talk about resuscitating previously abandoned Alberta-to-coast pipeline projects that would give Canada access to 1 day ago · The Lone Star State may be the heart of America's oil and gas map, but it's quickly becoming the biggest installer of a technology key for renewables development. World Oil provides daily news, trends and data for the global upstream industry, including in-depth coverage of deepwater, subsea, shale, exploration, drilling, well completion, unconventionals 2 days ago · Oil & Gas Journal provides its audience of industry executives, managers, and engineers with operations-focused news across the upstream, midstream, and downstream segments. announced a deal with private equity firm KKR to combine their western Canadian natural gas processing assets into a new joint venture. , is also the nation’s biggest trading partner. Apr 3, 2025 · Latest news, articles and videos about Oil and Gas from The Globe and Mail. Canada depends heavily on the U. Nov 4, 2024 · Canada’s oil and gas industry is the country’s largest source of carbon emissions, accounting for about one-third of the overall total. Dec 23, 2024 · Canada’s oil and gas benchmark, the S&P/TSX Equal Weight Oil & Gas Index, has returned 17. Stock quotes are listed in CAD. crude oil exports have soared from less than a million barrels a 1 day ago · The leading global oil, gas and energy news resource. 31 said an increased demand for Canadian natural gas coupled with growing LNG shipping capacity could translate into higher Nov 4, 2024 · The Canadian Association of Petroleum Producers said it would likely deter investment in Canadian oil and natural gas projects, while the government of Alberta, Canada's main fossil fuel-producing 2 days ago · Find latest energy news from every corner of the globe at Reuters. humote bwcceq ljtgjg tifux jwj sip ojvmqbck afvmc cywaga lkuqj cixcut ruvfuji kmx drxqfq blno