Government says it plans to have an application ready by July 1 to the federal major projects office, which aims to expedite infrastructure projects deemed in the nation's interest.

Canadian energy stocks are looking to rebound today after absorbing significant losses Monday. The sector was hit following military action by the United States in Venezuela. There is speculation that the U.

B.C. Premier David Eby wants Canada to prioritize building refineries, arguing it would keep more value at home, reduce reliance on U.S. buyers, and cut exposure to global supply disruption

As B.C. Premier David Eby continues to reject the idea of a new pipeline through the B.C. North, he’s now suggesting that building a Canadian refinery would be a better use of taxpayer dollars — but some experts doubt the proposal’s merits.

Energy experts say President Donald Trump’s push to revive Venezuela’s oil market boosts the United States' leverage with China, while putting Canada at a disadvantage.

Puget Sound Energy says it can begin returning to normal operations now that the natural gas system has stabilized. Puget Sound Energy asked customers to conserve natural gas and electricity after a pipeline ruptured in British Columbia, Canada Tuesday.

Prime Minister Mark Carney says Canada is working to expand oil markets in Asia with the prospect of Venezuelan oil displacing Canadian product in the American market.

Prime Minister Mark Carney said he is confident that Canadian oil will still be competitive after the removal of Nicolas Maduro from power in oil-rich Venezuela while Conservative Leader Pierre Poilievre reiterated the urgent need for a pipeline to the Pacific Coast.

President Donald Trump had stressed the need for Venezuela to release political prisoners as the nation seeks good U.S. relations.