3 h. ago Oil Holds Decline as OPEC+ Set for Bumper Production Quota Hike

Oil was little changed before an OPEC+ meeting that’s set to deliver another oversized production hike, threatening to swell a glut forecast for later this year.

Other

7 h. ago Salsa on St. Clair and more festivals to swing into this weekend in GTA

July is here, the weather is co-operating and if you’re looking for something to go with the sunshine and smiles on your face, look no further. Here’s what you need to know to make the necessary plans. Salsa on St. Clair Street Celebrate Toronto’s diverse Latin community through music, art and dancing at Canada’s largest […]

Culture

9 h. ago Petrobras Boosts Lula’s Economic Agenda With Refining Investment

Brazil’s state-controlled oil producer Petrobras announced on Thursday about 30 billion reais ($5.5 billion) in refining and petrochemicals investments in Rio de Janeiro state that align with the government’s wider plan to create jobs and accelerate economic growth.

Other

10 h. ago Opinion: Methane mitigation could be Canada's next growth industry

Across Canada’s oil and gas sector, a promising young industry is preparing to embrace an economic opportunity: preventing the release of methane, a major climate pollutant that also happens to be the main chemical in natural gas. Methane is an odourless and colourless gas that can be 84 times more potent than carbon dioxide. It’s […]

Other

11 h. ago Glencore Has Ownership Clause for Troubled UK Refinery Lindsey

Commodity trading giant Glencore Plc has a clause in its supply agreement with Prax Lindsey Oil Refinery Ltd. enabling it to take control of its facility in northern England if the debt it’s owed isn’t repaid.

Other

12 h. ago ‘Beautiful’ coal and ‘ugly’ solar? Trump’s aesthetic opinions get some pushback.

President Donald Trump’s plans for the future of American energy don’t include wind or solar. One argument he has trotted out lately: They’re “ugly as hell.” Trump has said he wants to meet growing U.S. energy demands using nuclear, oil, gas and especially coal. “I call it clean, beautiful coal,” he told Fox News’s Maria […]

Other

13 h. ago What’s the fate of Canada’s oil and gas as new era of nation

This episode of Down to Business podcast explores what's in store for the sector as country enters a 'generational opportunity' for economic development

Other

15 h. ago US Refiners Rely on Shale More Than Ever as Heavy Oil Supplies Dwindle

American refiners are relying on oil supplies from the country’s biggest shale basins more than ever as flows of denser varieties from places like Mexico ebb.

Other

16 h. ago Protests fuel increase in use of special Ontario police units: Report

Global issues are fuelling protests across Ontario and putting a strain on police forces monitoring the demonstrations, a new report says. International conflicts, the COVID-19 pandemic and other large-scale public events led to a 184 per cent increase in the deployment of public order unit police units between 2018 and 2022, the report from Ontario’s […]

Events

17 h. ago Oil Retreats as Traders Await US Payrolls Report, OPEC+ Decision

Oil dropped after it biggest gain in almost two weeks, with traders monitoring this weekend’s OPEC+ meeting and US jobs data that will give clues about the health of the world’s largest economy.

Economics

29 h. ago NuVista Energy Ltd. Announces Updated Annual Production Guidance Due to Third Party Midstream Delays

CALGARY, Alberta, July 02, 2025 (GLOBE NEWSWIRE) — NuVista Energy Ltd. (TSX:NVA, “NVA” or “NuVista”) is providing revised guidance to our annual production volumes and reiterating our commitment to our shareholder return strategy. Due to continued delays in commissioning the Pipestone Gas Plant (“Pipestone Plant”) and additional required work discovered during a gas plant turnaround […]

Culture

31 h. ago How does Canada’s burgeoning LNG industry measure up to its ambitions?

Here are the ins and outs of producing liquefied natural gas and the major LNG projects on the go in Canada

Other

32 h. ago 'Return of the King!': Oil country react to Oilers bring back hometown hero

javascript:pn_checklist_link(“categorydiv”) This in from the Edmonton Oilers, news that they have brought back grinding forward Curtis Lazar, former star cente on the Edmonton Oil Kings. The team has reported: “Return of the King‼️👑 Former Edmonton Oil Kings star Curtis Lazar is coming back to Edmonton as the #Oilers have signed the forward to a one-year […]

Other

32 h. ago DIDDY TRIAL HIGHLIGHTS: Orgies, drugs, baby oil, and beatdowns

Jurors and courthouse habitues were treated to eight weeks of disturbing, occasionally titillating and deeply troubling testimony during the Sean “Diddy” Combs trial in New York City. On Wednesday, Combs, 55, was acquitted of the most serious charges, sex trafficking and racketeering but was convicted of prostitution. He insisted he was merely a swinger. HERE […]

Other

34 h. ago HUNTER: How the hell did Sean ‘Diddy’ Combs walk on sex trafficking?

Even for the most enthusiastic libertine, the tawdry details that emerged from the trial of hedonistic hip-hop impresario Sean ‘Diddy’ Combs were alarming. The “freak offs”, the orgies, the drugs, the abuse, the lifetime supply of baby oil. None of it mattered a wit. What did matter was that Combs is a celebrity. Combs, 55, […]

Other

35 h. ago 'Starting to cooooooook!': Oil country react as Oilers sign hometown hero

This in from the Edmonton Oilers, news that they have brought back grinding forward Curtis Lazar, former star cente on the Edmonton Oil Kings. The team has reported: “Return of the King‼️👑 Former Edmonton Oil Kings star Curtis Lazar is coming back to Edmonton as the #Oilers have signed the forward to a one-year contract […]

Culture

37 h. ago UK Issues Red Alert on Russian Shadow Fleet Sanctions Dodging

The UK government issued a red alert to raise concerns about potential sanctions evasion tied to the sale of Russian oil and gas.

Events

44 h. ago Chevron, Total Vying in Libya’s First Oil Tender Since 2011 War

Chevron Corp. and TotalEnergies SE are competing in Libya’s first energy exploration tender since the 2011 conflict, the country’s state-run oil firm said, as the OPEC member looks to oil majors to help ramp up production to a record.

Other

58 h. ago ECB’s Muller Sees No Need for Rate Cuts to Stimulate Economy Now

European Central Bank Governing Council member Madis Muller said the economy doesn’t currently justify interest rates that stimulate growth, allowing officials to take a pause from easing to gauge how activity withstands various threats.

Other

60 h. ago Oil Steadies as Dollar Eases and Middle East Tensions Simmer

Oil steadied near the lowest levels in a month as tensions flare up in the energy-rich Middle East, returning the spotlight to the fragility of a truce between Israel and Iran.

Events