Tag Archives: Canada

Canada remained the top crude oil supplier to the United States in January 2025, exporting an average of 3.8 million barrels per day (bpd), according to data from the US Energy Information Administration (EIA) and analytics firm Kpler. Mexico ranked second with 457,000 bpd, followed by Saudi Arabia at 275,000 …

Ever since President-elect Donald Trump started talking about tariffs, Canada’s government has gone through a transformation. Overtly not huge fans of oil and gas, the ministers in Ottawa suddenly turned defensive. The latest to do that was resource minister Jonathan Wilkinson, who this week threatened in-kind retaliation against Trump’s tariffs. …

Alongside several other major world powers developing new nuclear projects, Canada plans to rapidly expand its nuclear power sector to contribute heavily to the country’s energy demand. Nuclear power contributes around 15 percent of Canada’s energy at present. However, with plans to develop several new nuclear facilities, this figure is …

Canada plans to rapidly expand its nuclear power sector to contribute heavily to the countrys energy demand. Nuclear power contributes around 15% of Canadas energy at present. However, with plans to develop several new nuclear facilities, this figure is expected to grow significantly in the coming decades. The 2023 Federal …

Reduced hydropower generation in Canada and low natural gas prices in the U.S. have resulted in a jump in U.S. exports of electricity to Canada since 2023, according to estimates by the U.S. Energy Information Administration (EIA). The U.S. and Canada have been each other’s main electricity trade partners for …

Canada and Mexico are rushing to fill the natural gas vacuum left by the United States’ ongoing moratorium on new liquefied natural gas (LNG) export permits introduced by the Biden Administration in January of this year. The country’s neighbors to the north and south are speeding up their own export …

RBC CEO Dave McKay believes Canada plays a critical role in the energy security of the United States, especially when it comes to supplying oil and gas to Asia. Speaking in Toronto, McKay highlighted that while the U.S. focuses on “Buy American,” they rely on Canadian energy to meet global …

Canada’s federal government plans to postpone the sale of the state-owned Trans Mountain oil pipeline for after the 2025 general election amid politics, regulations, and slow progress in talks with indigenous groups, Bloomberg reported on Friday, quoting officials with knowledge of the discussions within the cabinet. The Federal Government of …

Barely a couple of years ago, setting climate targets and emission reduction plans was de rigueur in the business world. There was a veritable race to out-target competitors in order to win the hearts, minds, and wallets of customers and investors. Now, this has all changed. Last week, the Energy …

Canada may follow the example of the EU and the U.S., and impose import tariffs on Chinese electric vehicles, Reuters has reported, citing finance minister Chrystia Freeland. “Chinese producers are quite intentionally generating a global oversupply that undermines EV producers around the world, including here in Canada,” Freeland said, adding …