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Iraq: Oil price drop fuels economic crisis
Iraq has been hit by political instability that effectively left it without a government.
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G20 energy ministers strike pact to achieve stable oil price
Those working in Alberta’s energy sector are on edge after the price of oil plummets amid the COVID-19 pandemic.
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Freeland asked if Canada supports coordinated oil production cuts
Deputy Prime Minister Chrystia Freeland spoke with reporters on Parliament Hill on Thursday.
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Trudeau asked about Canada's talks with OPEC on reducing oil production
Prime Minister Justin Trudeau spoke to reporters on Friday
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Kazakhstan announces $10bn economic package
Government aims to help stave off impact of coronavirus as oil price war between Saudi Arabia and Russia makes it even harder to stabilise economy.
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Coronavirus: Oil importers and exporters face challenges
A falling-out between Saudi Arabia and Russia sparked the sharpest one-day crash in oil prices since the Gulf War.
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How Western Canada is handling dropping oil prices
Since coronavirus fears took hold of the markets, the price of oil has been plummeting. A look at what that means for Alberta’s economy.
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Oil sector fears job cuts after market plunge
The price of oil plummeted this week, sending tremors across the oilpatch and raising the spectre of spending cuts, production cuts and job cuts.
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No end in sight for drop in oil prices, Dan McTeague says
Advocate says 'double whammy' of coronavirus and Saudi-Russia price war will weigh on prices
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A lot more pain coming for Western Canada after oil price collapse, says Calgary analyst
Ottawa may need to provide loans to some companies to keep them afloat during crisis, says Richard Masson, vice-chair of the World Petroleum Council.
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Double whammy: Oil, shares tumble on OPEC fallout, virus fears
Saudi Arabia's shock decision to increase oil output after OPEC talks failed rattled markets reeling from virus effect.
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'Justin Trudeau killed Teck Frontier,' says Scheer
Conservative Leader Andrew Scheer linked the Prime Minister Justin Trudeau's response to blockades with Teck’s decision to withdraw its application to build a massive oilsands project in northern Alberta.
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Teck withdraws application for new oilsands mine
Teck Resources has withdrawn the application for its new Frontier oilsands mine. The federal government was supposed to decide on the $20-billion project this week.
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Ottawa prepared to support economy after market plunge
The Liberals' first budget as a minority government will be seen as a response to the coronavirus outbreak, the dropping price of oil and the current market plunge.
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Why Preston Manning is worried about Canada | The Weekly with Wendy Mesley
Former Reform Party leader Preston Manning sits down with The Weekly to discuss the future of Canada’s Conservative Party, and why he thinks so many politicians are getting it wrong.
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The implications of cancelled Teck oilsands project
A look at the political, economic and environmental implications from the cancellation of a $20 billion oilsands mine by Teck Resources.
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Federal government debates new oilsands mine
Ottawa struggles with the decision to approve the $20 billion Teck Frontier oilsands mine by the end of the month. As jobs plummet in Alberta, the federal government weighs its promise to the province against its commitment to the...
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Trans Mountain expansion cost soars to $12.6 billion
Trans Mountain's CEO announced Friday that the cost of building the pipeline expansion has soared from an initial estimate of $7.4 billion to $12.6 billion. The company blames cost overruns, legal troubles and further Indigenous...
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Wet’suwet’en supporters and RCMP standoff over pipeline
RCMP and Indigenous demonstrators stand off at the site of a natural gas pipeline in northern British Columbia. Supporters of the Wet’suwet’en have built camps to block the pipeline from going into their territory.
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Iraq struggles to switch from use of imported fuel to national gas
Despite awareness campaigns and government subsidy, users are reluctant to move away from conventional fuel
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Tehran's Dangerous Strait of Hormuz Threat; 'Iran Military 100% Ready' To Choke Global Oil Route
Iran is considering sealing the strategic Strait of Hormuz a month after a war with Israel and the U.S. Iranian MP Esmail Kowsari stated "Military measures concerning the Strait of Hormuz have been completed, but no decision has yet been...
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Parkland County curbing its feral cat colonies
Parkland County Animal Shelter and the Edmonton Humane Society have teamed up in a trap-neuter-return program that spays and neuters cats before returning them to their habitat. Experts say it reduces the spread of infectious diseases,...
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Wildfire shuts down 7% of Canadian oil production
The Caribou Lake fire in northeastern Alberta has temporarily shut down some oilsands operations. Companies say the fire, which covers roughly 61,500 hectares, has cut seven per cent of Canada’s total oil production at a time when crude...
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Oil prices drop 6% as OPEC+ plans output hike
Oil prices plunged 6% Thursday, with Brent crude falling to $70.44 a barrel, after OPEC+ accelerated its plan to increase output in May. The move added to losses sparked by President Trump's new tariffs, raising fears of a global trade war.