Spike in cost of diesel threatens consumer wallets, global supply chain: experts | Globalnews.ca
[ad_1] While the war in Iran has sent gasoline prices soaring around the world, there are growing concerns about how the spike in the cost of other fuels could also affect consumers and the broader economy. In Canada, the average price of diesel has surged to nearly $2.30 per litre — more than 50 per […]
Carney climate plan at risk as Canadian oil companies stress need to boost production | Globalnews.ca
[ad_1] A key plank of Canadian Prime Minister Mark Carney’s climate plan will likely miss its target implementation date, industry sources said, raising new doubts about Canada meeting its environmental goals in the face of higher oil prices and uncertain U.S. trade policy. Carney, a former U.N. climate envoy, committed last fall to negotiating a […]
Landowners take stand over years of missed payments by delinquent oil company | Globalnews.ca
[ad_1] Some Edmonton landowners are taking a stand by erecting a blockade against what they call a delinquent oil and gas company. The group says MAGA Energy hasn’t paid its lease for three years, and therefore the company is no longer allowed on their land. On Thursday, landowners Mark Dorin and Dale Braun put up […]
Danielle Smith says Iran war underscores need for new Alberta pipeline to the coast | Globalnews.ca
[ad_1] By Lisa Johnson The Canadian Press Posted March 2, 2026 4:47 pm 1 min read Descrease article font size Increase article font size Alberta Premier Danielle Smith says the war in Iran underscores the need for a new pipeline connecting her province’s oil reserves to the West Coast. The threat of shipping disruptions have […]
South Bow plan to revive parts of Keystone XL faces significant hurdles | Globalnews.ca
[ad_1] A proposal led by Calgary-based South Bow to revive parts of the canceled Keystone XL oil pipeline could increase Canada’s crude exports to the U.S. by more than 12 per cent, if it gets a green light from U.S. President Donald Trump and additional links to U.S. refining hubs are built. The new proposal […]
Pembina Pipeline green-lights 2 projects in B.C. and Alberta, reports dip in Q4 earnings | Globalnews.ca
[ad_1] By Staff The Canadian Press Posted February 26, 2026 6:23 pm 1 min read Descrease article font size Increase article font size Calgary-based Pembina Pipeline Corp. says it has decided to proceed with two pipeline expansion projects in British Columbia and Alberta as it announced a dip in fourth-quarter earnings. The energy infrastructure company […]