Tag Archives: Canada

Canada may be about to do something it hasn’t managed in nearly two decades: clear political space for a brand-new oil pipeline to the Pacific. Ottawa and Alberta are preparing to unveil a memorandum of understanding that would carve out exemptions to federal regulations that have long scared off investors …

The United Arab Emirates is ready to invest as much as $50 billion in Canada’s industries, notably energy and artificial intelligence, following a visit by Prime Minister Mark Carney in Abu Dhabi. Reuters reported the news, citing a statement by the Emirati authorities that did not feature any details on …

Faced with difficult trade negotiations with the United States and American tariffs on their products, Canada and India pledged to encourage long-term supply chain partnerships in critical minerals and clean energy. At a trade summit in India, Canada and the host country agreed to revive their stalled bilateral relations and …

Canada’s Liberal government on Tuesday proposed a C$2 billion ($1.4 billion) sovereign fund for critical minerals, alongside hundreds of millions in new mining industry spending and an expansion of exploration tax credits, according to the federal budget released on April 1. The initiative aims to bolster domestic supply chains, attract …

For decades, Canadian oil exporters have only had one destination: south of the border. Yet things are changing. There’s a new big buyer in town, and it’s buying a lot: China. Canadian crude oil flows abroad began to change direction earlier this year, after the trade dispute ignited by U.S. …

Shell is preparing to start production of liquefied natural gas from the second train at its installation in British Columbia, set to boost the total output from the facility by 6.5 million tons. The news comes as unnamed sources told Reuters this week that Shell and its partners at LNG …

Canadian producers are temporarily shutting in natural gas wellheads amid a record-low negative pricing at the key Alberta gas hub. The price of natural gas at the AECO Hub, the Canadian benchmark price for natural gas on the Nova Gas Transmission Ltd. (NGTL) system, has been weak all summer and …

Canada’s government will not continue Trudeau’s policy mandating at least 20% electric vehicle sales from automakers as of the model year 2026, as Mark Carney’s new cabinet is looking to protect the auto industry that has been hit by the U.S. trade policies and tariffs. The Canadian government will be …

The Shell-led LNG Canada facility has produced its first LNG for export in Kitimat, British Columbia, a spokesperson for the project confirmed on June 22. The milestone comes in advance of the facility loading its first LNG export cargo, which LNG Canada said it remains on track to do by …

As the U.S. tariff threats have prompted Canada to seek alternative export markets for its oil and gas, even the province of Quebec in eastern Canada—which ditched an LNG export plan four years ago—is entertaining the idea once again. While an LNG project on Canada’s West Coast is close to …