2 h. ago OPEC+ Agrees Another Oil Supply Surge in June, Delegates Say

OPEC+ agreed on another output surge in June, accelerating a revival of supply for a second month as the group’s leaders seek to chastise overproducing members in a strategy shift that has already sent crude prices plunging.

Other

13 h. ago Big Oil Refuses to Budge on Production Ahead of OPEC+ Decision

The largest western oil producers are mostly sticking with their growth plans for now, despite a 16% decline in crude prices during April and the potential for further increases in output from OPEC+.

Other

15 h. ago Beyond Oil Expands to Greece with New Distribution Agreement

Agreement with Global Foods Marks Company’s Initial Entry into Greek Market with Plans to Expand Collaboration in the Future VANCOUVER, BC and KIBBUTZ YIFAT, Israel, May 02, 2025 (GLOBE NEWSWIRE) — Beyond Oil Ltd. (CSE: BOIL) (OTCQB: BEOLF) (Frankfurt: UH9) (“Beyond Oil” or the “Company“), a food-tech innovation company dedicated to reducing health risks associated […]

Other

18 h. ago Ottawa may not want to get out of the pipeline business just yet: Trans Mountain CEO

Trump's trade threats have only spurred increased interest in TMX, Mark Maki said

Economics

19 h. ago Simpson Oil Announces Overwhelming Support for Majority Board Refresh at Parkland AGM

Reports Over 60% of Shares Voted on Simpson Oil’s GOLD Proxy Card Cautions Incumbent Board NOT to Deploy Further Questionable Tactics That Could Delay the Shareholder Meeting or the Integrity of the Vote Calls on Current Board to Begin an Orderly Transition GRAND CAYMAN, Cayman Islands — Simpson Oil Limited (“Simpson Oil”, “we” or “our”), […]

Politics

25 h. ago Letters May 2, 2025: ‘Why waste our time trying to get along with Ottawa?’

Join with the U.S. Why does Alberta continually waste their precious time by casting pearls before swine? The fourth term Liberal government has their own agenda, and it doesn’t include this province’s rich oil and gas industry. It’s time for Alberta to start making plans to ‘vacate the joint’ and start soaring with eagles in […]

Other

26 h. ago Norway’s Equinor Offloads Stake in Brazilian Oil Field for $3.5 Billion

Equinor ASA agreed to sell its 60% stake in the Peregrino oil and gas project off the Brazilian coast for $3.5 billion, as the Norwegian energy explorer seeks to streamline international operations.

Economics

26 h. ago Opinion: Oil and gas, not cars, still pay Canada’s bills, and critical metals are soon to follow

Energy exports are almost two and a half times the value of exported cars, and critical minerals are coming on fast

Events

29 h. ago Shell Sticks With Payouts, Spending Plans Despite Oil’s Drop

Shell Plc stuck to its plans for investor returns and capital spending, taking on extra debt to fill the gap in its cash flow stemming from the drop in oil prices.

Other

31 h. ago Asian shares rise as China says it’s considering US overtures on Trump’s tariffs

HONG KONG (AP) — Asian markets advanced Friday after China’s Commerce Ministry said Beijing is evaluating overtures from the U.S. regarding President Donald Trump’s tariffs. Futures and oil prices advanced. Hong Kong’s Hang Seng surged 1.7% to 22,493.96, while markets in Shanghai were closed for a public holiday. Taiwan’s benchmark jumped 2.2%. An unnamed Chinese […]

Economics

35 h. ago Oil Renews Slide Before OPEC+ Meeting That May Agree Supply Hike

Oil declined at the end of a volatile week as traders weighed a potential supply hike from OPEC+ and the trade war’s risks to demand, against a fresh threat of US sanctions against Iranian flows.

Other

35 h. ago Oil Rises as Traders Parse Signals on Trade Before OPEC+ Meeting

Oil rose, paring a steep weekly loss, as traders weighed the possibility of US-China trade talks and a fresh sanctions threat against Iranian flows against a potential supply hike from OPEC+.

Economics

38 h. ago Gran Tierra Energy Inc. Reports First Quarter 2025 Results, Record Production and Continued Exploration Success

Achieved Record Total Company Average Quarterly Production of 46,647 boepd Ecuador Exploration Success Continues with Additional Oil Discoveries in Iguana Block Solid Balance Sheet, Exited the Quarter with $77 Million in Cash Following Active Capital Campaign, Paid Down $27 Million of Debt Additional Liquidity Secured with Signing of New $75 Million Credit Facility CALGARY, Alberta, […]

Sport

38 h. ago Companies to pay $550K for safety programs after deaths of two welders on Alberta oil and gas site

A pair of oilfield companies has agreed to pay more than a half-million dollars to fund worker safety programs after a deadly accident at a northern Alberta oil and gas site. Greg Podulsky, 29, and Darcy Schwindt, 47, were killed Nov. 12, 2022, while welding a tank in the Marten Hills oil and gas field […]

Economics

38 h. ago Trump threatens sanctions on countries, individuals that buy Iranian oil

Trump's social media threat came after planned nuclear negotiations for this coming weekend between the U.S. and Iran were postponed.

Events

39 h. ago Correction: Beyond Oil Receives an Additional C$4.5 Million Through Warrant Exercises; Provides an Update on RBI Supplier Approval & US Team Expansion

Funds to Support Continued Global Expansion as Company Scales Across International Markets VANCOUVER, BC and KIBBUTZ YIFAT, Israel, May 01, 2025 (GLOBE NEWSWIRE) — Beyond Oil Ltd. (CSE: BOIL) (OTCQB: BEOLF) (Frankfurt: UH9) (“Beyond Oil” or the “Company“), a food-tech innovation company dedicated to reducing health risks associated with fried food while lowering operational costs, […]

Economics

41 h. ago Oil patch heads urge Carney to follow through on his energy promises

Strathcona Resources chair Adam Waterous said that Central Canada's auto and manufacturing sectors have the most to gain

Transport

42 h. ago Ontario media tycoon plunges by $58B on wealthiest billionaires list

While most Canadians are grappling with a prolonged cost-of-living crisis and struggling to stay afloat amid this economy in general, the wealthiest of the wealthy have been happily adding to their unfathomable fortunes over the last few years.Perhaps the most famous among Canada's one per centers is the esteemed Thomson family, of Thomson Reuters fame. David Thomson serves as chairman of the international content and tech conglomerate that bears his last name, which he and his kin have a large stake in through their investment firm, the Woodbridge Company.They also boast assets ranging from sports teams (part-owning both the Winnipeg Jets and the Montreal Canadiens) to rare original artworks to The Globe and Mail newspaper.With a worth that was last year pegged at around $68 billion USD and growing, David Thomson has made many "richest people in the world" lists in his time, including just...

Economics

43 h. ago OPEC’s Oil Production Fell Last Month Despite Plans to Increase

OPEC’s crude production fell last month despite the group’s long-awaited plans to increase, with much of the reduction stemming from looming US sanctions on Venezuela.

Other

44 h. ago Venezuela Pleads for China to Buy Oil as Trump Kicks Chevron Out

Venezuelan Vice President Delcy Rodríguez asked Chinese officials to step up oil purchases during a visit to Beijing last week, as the nation seeks to preempt the US-ordered exit of Chevron Corp. and other foreign energy operators next month.

Other