7 h. ago Japan’s Nikkei stock index jumps nearly 5% after its ruling party picked Takaichi to lead

Japan’s Nikkei stock index jumped nearly 5% on Monday and the yen weakened after its ruling party chose an ultra-conservative as its leader and likely first woman prime minister. Other Asian markets also were mostly higher. U.S. futures climbed and oil gained about $1 a barrel. The Liberal Democrats elected Sanae Takaichi, an ally of […]

Economics

11 h. ago Oil Rises in Relief Rally as OPEC+ Agrees Modest Production Hike

Oil opened higher after OPEC and its allies agreed to raise production by a modest amount next month, staving off traders’ fears of a super-sized quota increase.

Other

46 h. ago ‘Have you considered selling more oil?’ The imagined thoughts of Danielle Smith’s proposed pipeline

‘Would you believe that no other land possessing this miracle liquid has entertained the possibility of leaving their oil where it lies?’

Economics

47 h. ago Layoffs in Canada’s oilpatch as producers brace for tougher times ahead: FP video

Watch: Plus, can carbon capture live up to the hype?

Other

61 h. ago Repealing B.C. tanker ban a ‘hypothetical question’ for now, federal energy minister says

The government will soon have to decide if it includes Alberta’s new proposal to build an oil pipeline to B.C’s coastline on its list of nation-building projects

Politics

61 h. ago Oil curve watched by OPEC is tanking just before supply meeting

The decline of oil’s forward curve suggests the organization has good reason to be cautious

Other

63 h. ago OPEC+ set to increase oil production again as Saudi and Russia debate size, say sources

After dipping more than 7 per cent this week, oil prices are expected to take another hit this weekend as members of the global oil cartel OPEC+ meet to discuss production cuts.

Other

64 h. ago Iranian oil executive barred from Canada for being senior regime official

The case of Mohammadreza Mazloumiaboukheili marks a success for the Canadian government’s efforts to keep Iranian officials out of the country.

Other

64 h. ago Vitol Piles Into North Sea Oil Despite Risk of Bigger Supplies

Vitol Group has built up a significant position in North Sea crude, indicating a bullish bet on benchmark prices despite signs of a looming increase in global supplies.

Other

66 h. ago Oil at Sea Soars to Most Since 2023 in Sign of Rising Supply

The amount of oil on tankers plowing the world’s oceans climbed to the highest in more than two years, the latest indication of swelling global volumes ahead of a likely period of oversupply.

Other

67 h. ago European Parliament Seeks Faster Phaseout of Russian Oil and Gas

The European Parliament is considering accelerating a phaseout of Russian oil and gas imports in a bid to sever ties definitively with the region’s former top energy supplier.

Economics

68 h. ago Russia’s Spare Oil Export Capacity Running Out as Drones Hit Refineries

Russia’s ability to divert its crude to the global market is diminishing fast as the nation’s oil refineries come under attack from Ukrainian drones.

Economics

2 d. ago Varcoe: Enbridge CEO says new oil pipeline proposal would have to be pretty concrete 'to dare take the risk again’

Enbridge CEO Greg Ebel said Canada needs to pick up the pace when it comes to getting projects approved and built

Other

2 d. ago Varcoe: Once bitten, twice shy — Enbridge CEO says Ottawa needs to play ball on proposed pipeline

Enbridge CEO Greg Ebel said Canada needs to pick up the pace when it comes to getting projects approved and built

Other

3 d. ago Adam Pankratz: David Eby, not a pipeline, is the true threat to Canada’s economy

B.C. premier's opposition to oil and gas industry is predictable

Other

3 d. ago Massive fire erupts at Chevron refinery just outside of Los Angeles

EL SEGUNDO, Calif. (AP) — A fire broke out at a Chevron oil refinery just outside Los Angeles on Thursday night, sending towering flames into the air that were visible for miles. Officials in El Segundo, California, urged people to stay indoors. By early Friday, the fire was contained and there was no threat to […]

Events

3 d. ago Asian shares are mixed as tech shares lead Wall Street ticks to more records

MANILA, Philippines (AP) — Asian shares were mixed on Friday after heavy buying of tech shares led benchmarks on Wall Street to more records. US. futures and oil prices were higher. Markets have largely shrugged off the shutdown of the U.S. government after Democrat and Republican lawmakers failed to reach agreement on funding. U.S. President […]

Sport

3 d. ago Asian shares are mixed as tech shares lead Wall Street to more records

MANILA, Philippines (AP) — Asian shares were mixed on Friday after heavy buying of tech shares led benchmarks on Wall Street to more records. US. futures and oil prices were higher. Markets have largely shrugged off the shutdown of the U.S. government after Democrat and Republican lawmakers failed to reach agreement on funding. U.S. President […]

Sport

3 d. ago Opinion: Energy market trends should alarm Canadians about investments in the oil

Andy (Anil) Hira: The International Energy Agency recently reaffirmed global oil markets are in transition.

Other

3 d. ago Smith says Alberta will look to send more oil to U.S. if Carney fails to put pipeline on nation

Carney has said the next list of nation-building projects his government will work to fast-track will be announced by Nov. 16

Transport