Carney says Canadian oil will be competitive after Maduro’s ouster
Prime Minister Mark Carney says his government is working to expand access to oil markets in Asia now that Canada faces the prospect of Venezuelan oil displacing Canadian product in the American market.
Trump says US to get 30 million to 50 million barrels of oil from Venezuela at market price
President Donald Trump said Tuesday that Venezuela would be providing 30 million to 50 million barrels of oil to the U.S., and he pledged to use proceeds from the sale of this oil “to benefit the people” of both countries.
Eby pitches ‘pivot’ from oil pipeline to refinery talks after Maduro capture
British Columbia Premier David Eby said Canada needs to “pivot” from talk of a potential new pipeline carrying oil bound for Asia and instead think about building a new refinery.
Five ways U.S. intervention in Venezuela could affect Canada
By Dylan Robertson U.S. President Donald Trump stunned the world on the weekend by ordering a military raid on the Venezuelan capital, capturing President Nicolas Maduro and bringing him to New York to face charges. The move has challenged international law and...
Saskatchewan saw zero wind power for 17 hours over two days
It turns out that while Alberta had two days where grid-scale wind power generation output fell to zero for minutes, in Saskatchewan, it was for hours. Seventeen hours, in total.
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NDP calls SaskPower rate hike “fiscal trainwreck,” Minister calls it “modest” compared to the alternative
The NDP are calling rate hikes part of a “fiscal trainwreck,” while the minister says they’re modest and part of an energy security plan that is cheaper than the alternative.
Royal Helium’s unsecured creditors can expect diddly-squat
Royal Helium Ltd.’s unsecured creditors can expect to receive precisely zero, according to bankruptcy documents received by Pipeline Online on Jan. 2. But while those creditors are left holding the bag, Royal’s properties are being taken over by Keranic Industrial Gas Inc., a company headed by its former Royal CEO Andrew Davidson.
U.S. designs for Venezuelan oil industry put pressure on Canadian oil stocks
Shares in Canada’s biggest oilsands producers came under pressure Monday after the U.S. military captured the Venezuelan leader and President Donald Trump announced plans to put that country’s oil industry into the hands of American companies.
Brian Zinchuk: Trump’s takeover of Venezuela means Canada needs those west coast pipelines ASAP
Anyone remember when Trump said back on Jan. 23, 2025, “We don’t need their oil and gas. We have more than anybody”?
It was in the same statement where Trump was making some of those initial 51st state comments, a couple days after his second inauguration. You know, the ones we were supposed to get our elbows up for.
Rubio says US won’t govern Venezuela but will press for changes through oil blockade
Secretary of State Marco Rubio suggested Sunday that the United States would not take a day-to-day role in governing Venezuela other than enforcing an existing “oil quarantine” on the country, a turnaround after President Donald Trump announced a day earlier that the U.S. would be running Venezuela following its ouster of leader Nicolás Maduro.
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Carney says Canada ‘welcomes the opportunity for freedom’ after Maduro’s capture
Prime Minister Mark Carney reacted on Saturday afternoon by noting that one of the first actions taken by his new government in March was to impose additional sanctions on Nicolás Maduro’s “brutally oppressive and criminal regime.”
One more time: Alberta’s wind power hits zero output for the second day in a row
For the second day in a row, wind power generation in Alberta fell to zero megawatts, out of a nameplate capacity of 5,684 megawatts.
SaskPower seeking 3.9% rate increases this February and next February
A first season episode of The West Wing called “Take Out the Trash Day” explained that governments tend to put out bad news on Fridays. And at 1 p.m. on Friday, Jan. 2, SaskPower sent out a press release announcing it is seeking a 3.9 per cent rate increase effective February 1, 2026, and a further 3.9 per cent rate increase effective February 1, 2027.
Zero. Zip. Zilch: Wind output in Alberta on Jan. 2
One megawatt divided by the total nameplate wind capcity is 1.759324419422942e-4. That’s 0.0176 per cent, or less than one fifth of one tenth of one per cent capacity. And zero, of course, needs no calculation. It’s zero.
Brian Crossman: Being good neighbours
If it’s Quebec and Ontario to the east, or coastal BC to the west, there is always a roadblock, be it philosophical, cultural and even literal on occasion.
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Michael Zwaagstra: Liberals being hypocritical on plastics ban
Plastic straws suck.
Actually, they don’t. That’s the problem.
Jim Warren: Expect more headlines announcing attacks on sanctions-dodging oil tankers in 2026: that could a good thing for Canadian producers
One assessment shows that if 176 Very Large Crude Carrier (VLCC) equivalent tankers quit transporting sanctioned Russian and/or Venezuelan oil, global crude prices could increase by over 50%
No faith in fossil fuels? Why some religious leaders are speaking out on climate change
For the first time in his life, the 80-year-old was arrested and charged with trespassing last year during a sit-in at a Royal Bank of Canada branch in protest of the bank’s fossil-fuel financing.
Baytex plans $550M to $625M in capital spending for 2026
Baytex Energy Corp. is planning a capital budget of $550 million to $625 million for 2026.
Nova Scotia ready for private companies to start exploring for onshore natural gas
The Nova Scotia government says it’s ready for companies to start exploring for onshore natural gas, with the province saying it may take ownership stakes in drilling projects to potentially give taxpayers a share of the profits.
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Merry Christmas from Pipeline Online
On behalf of myself, my family, and Pipeline Online columnists Brian Crossman, Jim Warren, Bronwyn Eyre, Tammy Nemeth, Quick Dick McDick and everyone else who contributes, Merry Christmas! And thanks to all those who work in the worst weather conditions to keep our society warm and functional.
Brian Crossman: Magic 8 Ball Prediction Edition for 2026
So, what exciting, interesting and potentially terrifying will happen in the next 365 days? What can we in the energy industry do to prepare? I will once again take a shot at what is going to happen in 2026. I have attempted this for a few years now with mixed results. So once again, “What the Hell” and let’s see what we can ascertain with some help from the “Fantasmical Prognostication Machine” AKA, my “Magic Eight Ball TM” and we give it the old college try.
Decouple Media: The Army’s Second Attempt at Fielding Microreactors (There’s a Sask connection)
Back in October, Westinghouse pulled the eVinci microreactor from the Saskatchewan Research Council, which had been planning on building the first eVinci microreactor. The reason? It turns out the US military under Trump has more money than the SRC. Who woulda thunk it?
Nova Scotia premier wants Nova Scotia to develop its own natural gas resources
With the end of Sable Island gas, Nova Scotia again had to import gas. And in 2014, just a few years before Sable Island supply gave out, the province banned fracking for natural gas. A province heavily dependent on equalization payments from Alberta’s natural gas development refused to develop its own, but continued to cash the equalization cheques from Alberta.
Lithium in SK, Part 42: South Korean offtake for Prairie Lithium
Back on Oct. 21, Prairie Lithium announced an offtake agreement with a startup company, Stardust Power, in Oklahoma to potentially take up to 6,000 tonnes per year of its lithium production, as they get up and running. Then on Dec. 10, the company announced another offtake agreement, this time to a lithium refinery in South Korea, for up to 10,000 tonnes per year (tpa). So what gives?