11 - 2025 - Canadian Energy News, Top Headlines, Commentaries, Features & Events

Russia Calls Ukrainian Strikes on CPC and tankers ‘Acts of Terrorism’

November 30, 2025 by EnergyNow Media

Russia’s foreign ministry said on Sunday that Ukrainian attacks on oil tankers and Caspian Pipeline Consortium (CPC) infrastructure in the Black Sea were “acts of terrorism” that threaten freedom of navigation in the region. The CPC, which includes Russian, Kazakh and U.S. shareholders, said it had halted operations after a mooring at its Russian terminal … Read more

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OPEC+ Holds Oil Output Steady, Agrees Capacity Mechanism

November 30, 2025 by EnergyNow Media

OPEC+ agreed to leave oil output levels unchanged for the first quarter of 2026 at its meetings on Sunday as the group slows down its push to regain market share amid fears of a looming supply glut. The meeting of OPEC+, which pumps half of the world’s oil, comes during a fresh U.S. effort to … Read more

CPC says oil exports halted, equipment heavily damaged by drones

November 30, 2025 by EnergyNow Media

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The Caspian Pipeline Consortium (CPC), which handles more than 1% of global oil, said on Saturday it halted operations after a mooring at its Black sea terminal was significantly damaged by a Ukrainian naval drones attack. “Further operation of mooring point 2 is not possible,” it said in a statement about one of three key … Read more

Westgate Energy Announces Q3 2025 Financial Results

November 30, 2025 by EnergyNow Media

CALGARY, AB, Nov. 28, 2025 /CNW/ – Westgate Energy Inc. (“Westgate” or the “Company“) (TSXV: WGT), is pleased to announce the filing of its unaudited financial and operating results for the three and nine months ended September 30, 2025. Selected financial and operating information should be read in conjunction with Westgate’s unaudited consolidated financial statements and related management’s … Read more

PERSPECTIVE: Natural Gas is the Lifeblood of Canadian Manufacturing

January 16, 2026November 30, 2025 by EnergyNow Media

Electricity is the second-largest energy source for our factories By Resource Works While producers talk much of natural gas and LNG being used to replace coal to generate electricity, there’s also an important fact to underline: Natural gas is the lifeblood of manufacturing here at home in Canada. Indeed, the National Bank of Canada makes these points: … Read more

Oil Falls on Drawn-Out Ukraine Peace Talks, All Eyes on Upcoming OPEC+ Meeting

November 29, 2025 by EnergyNow Media

Summary CME system resumes trading after outage Brent, WTI in longest monthly losing streaks since 2023 US crude production hit monthly high in September, EIA says (Reuters) – Crude futures fell marginally on Friday as investors considered oil’s geopolitical risk premium amid drawn-out Russia-Ukraine peace talks, while keeping an eye on Sunday’s OPEC+ meeting for … Read more

Pipeline Deal Gets Lukewarm Reception at Alberta UCP Annual Convention

November 29, 2025November 29, 2025 by The Canadian Press

Alberta’s watershed pipeline deal with Ottawa wasn’t front and centre Friday when Premier Danielle Smith spoke with United Conservative Party faithful at their annual convention.
Smith took the stage in Edmonton for the first of many addresses planned…

Swelling Supply to Keep Oil Prices Under Strain in 2026

November 29, 2025November 29, 2025 by EnergyNow Media

Oil prices are projected to remain under pressure in 2026, as swelling supplies eclipse modest demand growth, while geopolitical risks could cap deeper losses, a Reuters poll showed on Friday. The survey of 35 economists and analysts forecast that Brent crude would average $62.23 per barrel in 2026, down from October’s forecast of $63.15. The … Read more

READ IT HERE – Canada-Alberta Memorandum of Understanding – From the Prime Minister’s Office

November 29, 2025November 28, 2025 by EnergyNow Media

Prime Minister of Canada November 27, 2025 Calgary, Alberta PREFACE At this pivotal global moment, Canada and Alberta, working closely with Indigenous Peoples and industry, must work together cooperatively, and within their respective jurisdictions, to foster the conditions necessary for infrastructure, including pipelines, rail, power generation, a strong and integrated transmission grid, ports and other … Read more

Trans Mountain Reports $127M Q3 Profit as Revenue and Utilization Rise

February 19, 2026November 28, 2025 by The Canadian Press

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Pipeline operator Trans Mountain Corp. says it earned a profit in its latest quarter compared with a loss a year ago as its utilization rate and revenue rose compared with last year.
The Crown-owned pipeline company says it earned $127 million for the…

Brent Crude Prices Hold Steady, WTI Disrupted by CME Outage

November 28, 2025 by EnergyNow Media

Summary CME system outage halts trading Brent, WTI in longest monthly losing streaks since 2023 on risks of rising supply (Reuters) – Brent crude oil futures were largely unchanged on Friday while drawn-out Russia-Ukraine peace talks kept geopolitical risks elevated, while traders kept one eye on the outcome of an OPEC+ meeting on Sunday for … Read more

Trans Mountain Reports Q3 2025 Results

November 28, 2025 by EnergyNow Media

All financial figures are in Canadian dollars, unless noted otherwise. Calgary, Alberta–(Newsfile Corp. – November 27, 2025) – Trans Mountain Corporation (“TMC” or “the Company”) today announced its financial and operating results for the third quarter of 2025. “Strong operating and safety performance and improving capital returns to Canada highlight our third-quarter results,” said Mark … Read more

60% Could Support An Alberta-BC Pipeline Nationally, But Sign-Off in Canada’s Westernmost Province No Sure Thing

November 28, 2025November 28, 2025 by EnergyNow Media

53 per cent of British Columbians could support a pipeline, but tanker anxiety remains significant hurdle November 27, 2025 – Prime Minister Mark Carney and Alberta Premier Danielle Smith were all smiles as they put their signatures to an energy co-operation agreement that specifies the conditions that must be met for a new bitumen pipeline to … Read more

Five Takeaways on Alberta-Ottawa Pipeline Memorandum of Understanding

February 19, 2026November 28, 2025 by The Canadian Press

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Prime Minister Mark Carney and Alberta Premier Danielle Smith signed a memorandum of understanding Thursday to grow Alberta’s oil exports while also committing to making it a world leader in green energy technology.
Here are five takeaways from the …

From Energy Superpower to Financial Blacklist: The Quiet Return of Senator Galvez’s Bill Designed to Kill the Canadian Fossil Fuel Sector – Tammy Nemeth & Ron Wallace

November 28, 2025November 28, 2025 by EnergyNow Media

REALITY: Senator Galvez’s BILL S-238 would force every federally regulated bank, insurer, pension fund and Crown financial corporation to treat the financing of oil, gas, and coal as an unacceptable systemic risk and phase it out through “decommissioning.” By Tammy Nemeth and Ron Wallace Prime Minister Mark Carney has spent the past weeks proclaiming that … Read more

Hodgson says it’s ‘Premature’ to Draw Conclusions About B.C. Tanker Ban Fate

February 19, 2026November 28, 2025 by The Canadian Press

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Federal Energy and Natural Resources Minister Tim Hodgson says it’s “premature” for anyone to draw conclusions regarding the potential removal, or adjustment, of the West Coast tanker ban, since no pipeline route has been mapped out to bring oil from …

Enserva Responds to Signed MOU Between Alberta and Ottawa

November 28, 2025November 27, 2025 by EnergyNow Media

CALGARY, Alberta, Nov. 27, 2025 (GLOBE NEWSWIRE) — Enserva issued the following statement regarding an energy agreement between the Province of Alberta and the Federal Government The memorandum of understanding (MOU) announced today between the federal government and the province of Alberta marks a meaningful step forward for Canada’s energy sector. The renewed willingness of both … Read more

Eby Calls Pipeline MOU a Distraction That Risks Being ‘Energy Vampire’

February 19, 2026November 27, 2025 by The Canadian Press

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British Columbia Premier David Eby says a proposed northern pipeline that is the subject of a memorandum of understanding between Alberta and the federal government is a distraction that has already resulted in the loss of another investment opportuni…

Alberta and Ottawa Ink Landmark Energy Agreement | Conclusion d’un accord énergétique historique entre l’Alberta et Ottawa

November 27, 2025 by EnergyNow Media

The Governments of Canada and Alberta have signed a new agreement to more than double oil exports to Asian markets, address investment uncertainty and reduce emissions. This new energy partnership is a critical step towards achieving Alberta’s and Canada’s shared goal of turning our country into a world energy superpower and building a stronger and … Read more

Petrus Resources Announces Monthly Activity Update

November 27, 2025 by EnergyNow Media

CALGARY, Alberta, Nov. 27, 2025 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to announce the most recent version of the Company’s monthly activity update can be found on the Company’s website at https://www.petrusresources.com/monthlyupdates. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and … Read more

Fiddlehead Resources Corp. Announces Q3 2025 Financial Results

November 27, 2025 by EnergyNow Media

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CALGARY, AB, Nov. 27, 2025 /CNW/ – Fiddlehead Resources Corp. (“Fiddlehead,” or the “Company”) (TSXV: FHR), is pleased to announce the filing of its unaudited financial and operating results for the three and nine months ended September 30, 2025. Selected financial and operating information should be read in conjunction with Fiddlehead’s unaudited interim financial statements and related management’s … Read more

Freehold Royalties Announces Departure of Chief Operating Officer

November 27, 2025 by EnergyNow Media

CALGARY, Alberta, Nov. 27, 2025 (GLOBE NEWSWIRE) — Freehold Royalties Ltd. (“Freehold” or the “Company”) (TSX:FRU) announces today the departure of Robert King, Chief Operating Officer, from the Company. “On behalf of the entire organization, I thank Mr. King for his dedication and the contributions made to advance our North American growth strategy over the last six … Read more

Comments and Reaction on Ottawa-Alberta Pipeline Memorandum of Understanding

November 28, 2025November 27, 2025 by The Canadian Press

Prime Minister Mark Carney and Alberta Premier Danielle Smith signed Thursday a memorandum of understanding that includes shared goals on green technology and a new oil pipeline to the West Coast to reach groundbreaking markets in Asia. It also opens …

Alberta’s Economy Remains in the Red with Tweaked $6.4-Billion Deficit

November 27, 2025November 27, 2025 by The Canadian Press

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Falling oil prices and trade troubles continue to threaten Alberta’s finances, but the province’s deficit is expected to shrink only slightly.
It has been pegged at $6.4 billion, down $40 million from a projected $6.5 billion this summer.
The latest u…

Steven Guilbeault Resigns From Cabinet After Carney Signs Alberta Pipeline Deal

November 27, 2025 by EnergyNow Media

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By Sean Boynton & Mackenzie Gray Global News Former environment minister and current Canadian Identity and Culture Minister Steven Guilbeault said Thursday he is resigning from cabinet, just hours after Prime Minister Mark Carney signed an energy and pipeline deal with Alberta. Guilbeault will stay on as the Liberal MP for his Montreal-area riding. In a statement, Guilbeault outlined the “historic” environmental progress … Read more

CAPP Statement on AB/Federal Memorandum of Understanding

November 27, 2025 by EnergyNow Media

“CAPP welcomes the memorandum of understanding (MOU) between the federal and Alberta governments, which reflects an earnest commitment to collaborate and grow Canada’s oil and natural gas industry. The elimination of the emissions cap, changes to the Competition Act, and the commitment to work together on new market access are all significant steps towards unlocking … Read more

Higher Carbon Taxes Are a Bad Deal for Taxpayers

November 27, 2025 by EnergyNow Media

OTTAWA, ON: The Canadian Taxpayers Federation is criticizing the Memorandum of Understanding between the federal and Alberta governments for including higher carbon taxes. “Hidden carbon taxes will make it harder for Canadian businesses to compete and will push Canadian entrepreneurs to shift production south of the border,” said Franco Terrazzano, CTF Federal Director. “Politicians should not … Read more

Carney Signs Major Energy Agreement With Alberta, Laying Out Conditions For New Oil Pipeline

November 27, 2025November 27, 2025 by EnergyNow Media

By Rachel Aiello Prime Minister Mark Carney and Alberta Premier Danielle Smith have signed a major new energy co-operation agreement outlining the emission and other climate conditions that need to be met in order for the federal government to provide a “clear and efficient” process to approve a new oil pipeline to the Pacific under … Read more

Canada Drops Emissions Cap for Oil and Gas Sector in Agreement with Alberta

November 27, 2025 by EnergyNow Media

(Reuters) – Canada’s Prime Minister Mark Carney signed an agreement with Alberta Premier Danielle Smith on Thursday aimed at spurring investment in the energy sector and encouraging the construction of a new oil pipeline to the West Coast. The agreement states the federal government will not implement an emissions cap on the oil and gas … Read more

Prospera Energy Announces Q3 2025 Financial Results and Live Conference Call

November 27, 2025 by EnergyNow Media

CALGARY, Alberta, Nov. 27, 2025 (GLOBE NEWSWIRE) — Prospera Energy Inc. (TSX.V: PEI, OTC: GXRFF) (“Prospera”, “PEI” or the “Corporation”) In Q3 2025, Prospera reported sales revenue of $5.3 million and $0.8 million of operating netback. The company invested $2.0 million in capital expenditures, including $0.65 million for well reactivations and $1.35 million for plant maintenance/upgrades and well … Read more

Western Sanctions on Russia, Iran Energy Trade

November 27, 2025 by EnergyNow Media

(Reuters) – The European Union, Britain and the U.S. have imposed a raft of sanctions against Russia over its war in Ukraine. In October, the U.S. targeted Russia’s two top oil producers, Rosneft and Lukoil. Below is a timeline of key Western sanctions imposed since August 2024: 2024: August 23 – The U.S. imposed sanctions … Read more

Oil Steadies as Investors Await Peace Talk Direction

November 27, 2025 by EnergyNow Media

Summary Markets pricing in possibility of Russia-Ukraine peace plan Thin trade likely due to US holiday OPEC+ set to keep output unchaned at Sunday meet, sources say (Reuters) – Oil prices steadied on Thursday as market participants weighed talks to end the war in Ukraine against the impact of Western sanctions against Russian supply, though … Read more

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December 10, 2025November 27, 2025 by EnergyNow Media

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Report Commissoned by NDP-B.C. Greens Says LNG Push Threatens to Wipe Out Cuts

November 27, 2025November 27, 2025 by The Canadian Press

A report commissioned by British Columbia’s government says its pursuit of new natural gas projects “threatens to set back progress” reducing greenhouse emissions, with B.C. set to fail its 2030 target.
The independent report reviewing B.C.’s climate …

Enserva’s 2025-2026 State of the Industry Report Highlights Shifting Market Conditions and Emerging Opportunities for Canadian Energy Services

November 27, 2025November 27, 2025 by EnergyNow Media

LNG growth, export diversification and efficiency gains position Canada for future upside despite near-term pricing and investment challenges CALGARY, Alberta, Nov. 26, 2025 (GLOBE NEWSWIRE) — Today, Enserva released its 2025-2026 State of the Industry Report, outlining a year marked by evolving global market dynamics, increased natural gas demand, shifting capital spending and changes in drilling and … Read more

No Way ‘To Do Business,’ B.C. Energy Minister Dix Says of Alberta’s Pipeline Plans

November 27, 2025November 27, 2025 by The Canadian Press

British Columbia’s energy minister says political talk of a pipeline from Alberta to the Pacific isn’t the way to do business and leaks through the media should not be considered the government’s way of engaging with First Nations over such a project….

OPEC+ Seen Keeping Oil Output Unchanged, Focus on Capacity Debate

November 27, 2025November 27, 2025 by EnergyNow Media

By Ahmad Ghaddar and Alex Lawler OPEC+ meets on Sunday, expected to be online Eight OPEC+ members to also meet on Sunday to review market LONDON, Nov 25 (Reuters) – OPEC+ is likely to leave output levels unchanged at its meeting on Sunday while focusing talks on a theoretical topic of how much oil its … Read more

COMMENTARY: New Pipeline From Alberta Would Benefit All Canadians – Despite Claims From B.C. Premier

November 27, 2025November 27, 2025 by EnergyNow Media

By Kenneth P. Green The pending Memorandum of Understanding between the Carney government and the Alberta governments will reportedly support a new oil pipeline from Alberta’s oilsands to British Columbia’s tidewater. But B.C. Premier David Eby continues his increasingly strident—and factually challenged—opposition to the whole idea. Eby’s arguments against a new pipeline are simply illogical and technically … Read more

Ksi Lisims LNG Approval Strengthens Canada’s Hand in the Pacific LNG Race

November 27, 2025November 27, 2025 by EnergyNow Media

The Nisga’a led LNG project still faces a challenge from the American Alaska LNG. By Geoff Russ By Resource Works More News and Views From Resource Works Here As many expected, Ksi Lisims LNG is on the list of major projects to be fast-tracked by the federal government. British Columbia has already given a conditional green … Read more

Mark Carney to Unveil MOU New Pipeline Agreement with Alberta Today in Calgary

November 27, 2025November 27, 2025 by The Canadian Press

Prime Minister Mark Carney is expected to unveil an agreement with Alberta Thursday which could clear the way for a new oil pipeline in exchange for stronger environmental regulations, while also walking back some of Ottawa’s climate policies.
Alberta…

US Drillers Cut Oil Rigs to Lowest in Four Years, Baker Hughes Says

November 26, 2025 by EnergyNow Media

(Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in four weeks, with oil rigs dropping to a four-year low, energy services firm Baker Hughes said in its closely followed report on Wednesday. The oil and gas rig count, an early indicator of … Read more

Energy Service Group Predicts Lower Industry Spending, but Sees Reason for Optimism

November 26, 2025 by The Canadian Press

An oil and gas service industry group predicts lacklustre prices for those resources will weigh on spending and activity next year, but the prospect of new export infrastructure gives reason for optimism ahead.
Enserva says in its annual State of the …

What You Need to Know About the Oil Tanker Ban on B.C.’s Coast

November 26, 2025November 26, 2025 by The Canadian Press

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Alberta Premier Danielle Smith is urging Ottawa to terminate the West Coast oil tanker ban as the federal government prepares to unveil the details of a new energy pact it has been negotiating with the province.
Here’s what you need to know about the …

Axiom Oil and Gas Inc. Maintains $110 Million Lawsuit Against Tidewater Midstream and Infrastructure Ltd. Related to Brazeau Property for Sale

November 26, 2025 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – November 26, 2025) – Axiom Oil and Gas Inc. (“Axiom” or the “Company“) wishes to reply to the Tidewater Midstream and Infrastructure Ltd. (“Tidewater“) news release of November 21, 2025 to provide additional disclosure and transparency. The sales process with Sayers Energy Advisors has bids due November 27, 2025. Axiom sought the injunction to restore … Read more

Cenovus CEO Says Cost Cutting After MEG Deal Will Ensure Long-Term Jobs

November 26, 2025November 26, 2025 by The Canadian Press

The chief executive of oilsands giant Cenovus Energy Inc. says moves to reduce costs after acquiring MEG Energy Corp. will ensure long-term jobs stay with the company.
Jon McKenzie was asked by reporters in St. John’s about expected layoffs now that t…

Cenovus CEO Touts ‘New Day’ for Oil and Gas

November 26, 2025November 26, 2025 by The Canadian Press

The chief executive of Cenovus Energy says it feels like a “new day” for the oil and gas sector as Canada appears willing to shift its stance on emissions regulations.
Jon McKenzie told reporters in St. John’s today he feels a change in attitude towar…

Wind Power to Drive Canada’s Renewable Energy Growth Through 2030

November 26, 2025 by EnergyNow Media

CER’s latest publication shows wind leading planned renewable power capacity additions, with Quebec, Alberta, and B.C. at the forefront. CALGARY, AB, Nov. 26, 2025 /CNW/ – Wind power is set to dominate Canada’s power growth over the next five years, accounting for about 70% of planned renewable capacity additions, according to a new online publication from the Canada Energy Regulator (CER). … Read more

Mark Carney’s Pipeline Gambit Hinges on B.C. and Faulty Carbon Market

November 26, 2025 by EnergyNow Media

Bloomberg News Prime Minister Mark Carney said his government is negotiating an agreement with Alberta that “creates necessary conditions” for the future construction of a new oil pipeline to Canada’s west coast. A project that allows western Canada to ship crude via tanker to overseas markets is one of the main requests of Alberta Premier Danielle Smith and many of … Read more

Oil Holds Steady After One-Month Low on High Supply Expectations

November 26, 2025 by EnergyNow Media

Summary Ukraine peace deal likely to drag down prices Expected 2026 supply glut weighs on market OPEC+ likely to leave output levels unchanged (Reuters) – Oil prices were steady on Wednesday after sliding to a one-month low in the previous session as investors assessed prospects of oversupply and talks over a Russia-Ukraine peace deal. Brent … Read more

AltaGas Activates Contingency Plan to Maintain Uninterrupted Ripet Export Operations Amid Labour Disruption

November 26, 2025 by EnergyNow Media

CALGARY, AB, Nov. 25, 2025 /CNW/ – AltaGas Ltd. (“AltaGas” or the “Company”) (TSX: ALA) has activated its contingency plan to maintain steady operations at the Ridley Island Propane Export Terminal (“RIPET”) in response to a pending labour disruption. The International Longshore and Warehouse Union (“ILWU”) Local 523B, representing RIPET union employees, has initiated strike action and elected to proceed with a … Read more

FLUKE 754 Process Calibrator SALE with Kingsway Instruments – Over $3,000.00 in SAVINGS!

November 26, 2025November 26, 2025 by EnergyNow Media

Kingsway Instruments is excited to share a FLASH SALE on the Fluke 754 Documenting Process Calibrator with over $3,000.00 in savings. If you need Fluke 750P Pressure Modules, or other additional Fluke tools, then receive even greater savings! There is no better time to buy as this is the biggest discount ever on the Fluke … Read more

Visualizing All of the World’s Data Centers in 2025

November 26, 2025November 26, 2025 by EnergyNow Media

By Marcus Lu | Graphics/Design: Amy Kuo Visualizing All of the World’s Data Centers in 2025 Key Takeaways November 2025 data reveals America’s leadership in digital infrastructure, accounting for roughly 38% of the world’s data centers. Europe is also a major force, with nearly 3,500 data centers across the region. Data centers are the backbone … Read more

Energy Minister to Brief B.C. Liberal MPs on Expected Alberta Pipeline deal

November 26, 2025November 26, 2025 by The Canadian Press

Energy and Natural Resources Minister Tim Hodgson is set to brief B.C. Liberal MPs today on the government’s expected energy deal with the province of Alberta.
The move comes after B.C. Liberal MPs last week said any deal involving a pipeline to the W…

Oil Tanker Ban Just One Obstacle to Northern B.C. Pipeline

November 26, 2025November 26, 2025 by The Canadian Press

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A new oilsands pipeline to the northern B.C. coast is a non-starter as long as oil tankers are forbidden there, but experts say a removal of the federal ban would only lift one of many obstacles deterring the private sector from such a project.
Media …

‘THIRLLED’ — Oilpatch Reacts to New Federal-Provincial Energy Pact, to be Announced in Calgary – Varcoe

November 26, 2025November 26, 2025 by EnergyNow Media

Industry waits for the prime minister and the premier to reveal a new energy agreement on Thursday. By Chris Varcoe Premier Danielle Smith and Prime Minister Mark Carney will be meeting on Wednesday afternoon ahead of the Liberal National Caucus meeting. Photo by Nathan Denette /Postmedia Network See this article and more by Chris Varcoe … Read more

Quebec Begins Consultations on Potential Revision of Greenhouse Gas Targets

November 25, 2025November 25, 2025 by The Canadian Press

Quebec is beginning consultations at the provincial legislature on whether to revise its greenhouse gas emission reduction target.
The province committed to reducing its annual emissions by 37.5 per cent below 1990 levels by 2030 in the wake of the 20…

Explainer: OPEC+ Policies of Oil Output Hikes and Cuts

November 25, 2025 by EnergyNow Media

LONDON, Nov 25 (Reuters) – OPEC+, which pumps about half the world’s oil, has paused oil output hikes for the first quarter of 2026 after releasing some 2.9 million barrels per day into the market since April 2025. The group still has about 3.24 million bpd of output cuts in place, representing around 3% of … Read more

Equinor to Drill 26 Exploration Wells Off Norway Next Year

November 25, 2025 by EnergyNow Media

By Kari Lundgren Equinor ASA will drill about 26 wildcat and appraisal wells off the coast of Norway in 2026, mostly in the country’s North Sea, as the company looks to spend $6 billion a year over the next ten years to maintain the flow of oil and gas to Europe. Norway’s biggest oil and … Read more

Oil Falls as Ukraine Signals Support for Framework of Russia Peace Deal

November 25, 2025 by EnergyNow Media

By Shariq Khan ‘Tremendous progress’ toward Ukraine-Russia peace deal, White House says Zelenskiy could visit the US in next few days Russia stresses deal cannot stray too far from its objectives NEW YORK, Nov 25 (Reuters) – Oil prices fell over 2% on Tuesday after Ukraine hinted that an intense diplomatic push by the U.S. … Read more

Saskatchewan Government Says Budget on Course to Record $427M Deficit at Year’s End

November 25, 2025November 25, 2025 by The Canadian Press

This year’s Saskatchewan budget is sinking deeper into the red, mainly due to the cost of fighting the summer’s wildfires.
Finance Minister Jim Reiter, in a midterm update on the budget, says the projected year-end deficit is expected to be $427 milli…

Gibson Energy to Host Investor Day on December 2, 2025

November 25, 2025 by EnergyNow Media

CALGARY, Alberta, Nov. 25, 2025 (GLOBE NEWSWIRE) — Gibson Energy Inc. (TSX: GEI) (“Gibson” or the “Company”) announced today that it will host an Investor Day on the morning of December 2, 2025, in Toronto, Ontario. A live webcast will be available for all interested participants. Members of Gibson’s senior executive team will provide an update on … Read more

Hemisphere Energy Announces 2025 Third Quarter Results, Declares Quarterly Dividend, and Provides Operations Update

November 25, 2025 by EnergyNow Media

Vancouver, British Columbia–(Newsfile Corp. – November 25, 2025) – Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) (“Hemisphere” or the “Company”) provides its financial and operating results for the three and nine months ended September 30, 2025, declares a quarterly dividend payment to shareholders, and provides an operations update. Q3 2025 Highlights Attained quarterly production of … Read more

Oil Dips on Oversupply Concerns While Investors Eye Ukraine Talks

November 25, 2025 by EnergyNow Media

Summary Oversupply concerns outweigh Russian sanctions’ impact on oil prices Russian oil exports to China discussed amid sanctions Deutsche Bank predicts 2026 oil surplus, bearish outlook (Reuters) – Oil prices eased on Tuesday as oversupply concerns outweighed worries that Russian shipments will remain under sanctions as talks to end the Ukraine war remain inconclusive. Brent … Read more

Alberta-Ottawa Agree to Deal That Paves Way for New Oil Pipeline, Report Says

November 25, 2025 by EnergyNow Media

Bloomberg Takeaways by Bloomberg AI Prime Minister Mark Carney and Alberta Premier Danielle Smith have agreed to the broad terms of a deal that would support a new oil pipeline to Canada’s west coast. The federal and provincial leaders are set to announce a milestone deal granting special exemptions and “political support” to a new pipeline. … Read more

Hodgson says Ottawa is Close to Providing Clarity on B.C. Tanker Ban

November 25, 2025November 25, 2025 by The Canadian Press

Energy and Natural Resources Minister Tim Hodgson said on Monday the government is getting close to being able to provide clarity on whether Ottawa would repeal the West Coast oil tanker ban.
Hodgson made the remarks while appearing before the House o…

Expanding Canadian Energy Production Could Help Lower Global Emissions

November 25, 2025November 25, 2025 by EnergyNow Media

By: Annika Segelhorst and Elmira Aliakbari The COP30 climate conference in Brazil has wound down, after more than a week of discussions about environmental policy and climate change. Domestic oil and natural gas production is frequently seen as a fundamental obstacle to Canada’s climate goals. Yet the data show that Canadian energy production is already … Read more

JPMorgan Projects Brent Crude at $57 a Barrel, WTI at $53 in 2027

November 25, 2025 by EnergyNow Media

(Reuters) – JPMorgan forecast on Monday Brent crude at $57 a barrel and West Texas Intermediate (WTI) at $53 in 2027, while keeping its 2026 estimates unchanged at $58 and $54 respectively. Brent crude futures were trading around $62.54 a barrel as of 1434 GMT, while U.S. West Texas Intermediate crude was trading at $58.08. … Read more

For Major Projects, What is Old is New Again

November 25, 2025November 25, 2025 by EnergyNow Media

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Is affirming existing, approved projects truly the best we can do in Canada? By Geoff Russ Prime Minister Mark Carney rises in the House of Commons as members vote on the federal budget on Parliament Hill in Ottawa, Monday, Nov. 17, 2025. THE CANADIAN PRESS/Adrian Wyld By Resource Works More News and Views From Resource … Read more

US Funds From Federal Energy Production Slid 11% in 2025

November 24, 2025 by EnergyNow Media

Revenue from energy production on U.S. public lands and waters fell 11% in the latest fiscal year to $14.61 billion, the Interior Department said on Monday, citing lower prices for commodities like oil. WHY IT’S IMPORTANT The total was the lowest since 2021, the first year of the administration of U.S. President Joe Biden, but … Read more

Abu Dhabi’s ADNOC Plans $150 Billion in Capital Investments Between 2026-2030

November 24, 2025 by EnergyNow Media

CAIRO, Nov 24 (Reuters) – Abu Dhabi state oil company ADNOC plans $150 billion of investment between 2026 and 2030, it said on Monday, seeking to maintain existing operations, drive growth and meet global energy demand. During a meeting on Monday, the board of directors welcomed the company’s increased oil reserves at 120 billion stock … Read more

Tanker Rates Hit New High as Buyers Seek Non-Russian Oil

November 24, 2025 by EnergyNow Media

By Weilun Soon The cost of hiring an oil supertanker on a benchmark route spiked to the highest in more than five years, as buyers sought alternatives to sanctioned Russian crude amid increased supply from Middle East and US producers. Benchmark rates for very-large crude carriers that can transport up to 2 million barrels from … Read more

B.C. Premier Eby Tells Carney it’s Unacceptable B.C. Has Been Cut out of Pipeline Talks

November 24, 2025November 24, 2025 by The Canadian Press

British Columbia Premier David Eby says he told Prime Minister Mark Carney “how unacceptable” it was for Alberta and Saskatchewan to talk with the federal government about a potential pipeline without input from his province.
Eby says such treatment …

Attention Calgary Energy Industry and Calgary Business – Concorde Entertainment Group – LAST CHANCE CYBER MONDAY – One Card, 22 Venues – Check Everyone Off Your List

December 12, 2025November 24, 2025 by EnergyNow Media

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COMMENTARY: Limp COP30 Deal Matters Little in Renewables vs Fossil Battle

November 24, 2025 by EnergyNow Media

Clyde Russell Summary (Reuters) – The weak statement that omitted any mention of fossil fuels was probably the best outcome that could have been realistically expected of the COP30 climate summit. It was always going to be a tall order to put nearly 200 countries with massively different perspectives together and deliver a strong statement … Read more

Oil Steady as Investors Weigh Hopes for Ukraine Peace Talks, Fed Rate Cut

November 24, 2025 by EnergyNow Media

(Reuters) – Oil prices stabilised on Monday after last week’s decline of about 3%, as investors weighed the chances for a U.S. rate cut against the prospect of a Ukraine peace deal that could lead to an easing of sanctions on major producer Russia. The United States and Ukraine were set to resume work on … Read more

New FM-Certified Explosion-Proof Temperature Sensors Help Close Safety Gaps in Hazardous Areas

November 24, 2025 by EnergyNow Media

Accurate, reliable temperature measurement is one of the quiet workhorses of the energy industry. From well pads and separators to gas plants and refineries, temperature sensors help protect equipment, maintain product quality, and keep people safe. But in hazardous (classified) locations, even small oversights in how temperature assemblies are specified can create hidden compliance risks. … Read more

Completion Superintendant Powers Wireline Units With Own Fuel Gas

November 24, 2025November 24, 2025 by EnergyNow Media

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A Tier 1 Operator in the Canadian energy industry has started powering Electric Wireline Units with their own Fuel Gas onsite. The 140kw E-Line Units (2 of them) displaced over $1000/day in diesel as part of the Operator’s Pad Electrification strategy to reduce costs. The Operator continued phasing in Pad Electrification by plugging in lights, … Read more

U.S. Oil Companies, Energy Investors ‘Looking at Canada Again’ Amid Flurry of Deals

November 24, 2025November 24, 2025 by EnergyNow Media

Baytex Energy announced the sale of its U.S. shale operations for $3.25 billion last week By Meghan Potkins Original: financialpost.com/news/us-oil-companies-energy-investors-canada-deals A flurry of recent deals in the Canadian oilpatch that caught the interest of U.S. producers and private capital is fuelling speculation about a revival of foreign investment in Canada’s perennially unloved energy sector. Calgary-based … Read more

Carney says Ottawa, South Africa Launching Talks for an Investment Pact on Minerals

November 24, 2025November 24, 2025 by The Canadian Press

Prime Minister Mark Carney says Ottawa and South Africa have agreed to launch discussions for an investment-protection pact, focused on clean energy and minerals.
Carney is at the G20 summit in Johannesburg, where he says Canada wants to get more priv…

Will the Port of Churchill Ever Cease to be a Dream?

November 24, 2025November 24, 2025 by EnergyNow Media

The Port of Churchill has long been viewed as Canada’s northern gateway to global markets, but decades of under-investment have held it back. By Geoff Russ By Resource Works More News and Views From Resource Works Here A national dream that never materialised For nearly a century, Churchill, Manitoba has loomed in the national imagination. … Read more

Woodfibre LNG is a Blueprint for Energy Project Partnership in 2025

November 24, 2025November 24, 2025 by EnergyNow Media

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At IPSS 2025, Woodfibre LNG’s CEO and Chief Ian Campbell urged deep listening, consent, and high standards as the path from one project to a real industry. Nov 13. – Resource Works IPSS 2025. Photo credit Resource Works or Resource Works/LTB Productions. By Resource Works More News and Views From Resource Works Here At the Indigenous … Read more

Bell: Danielle Smith on a New Pipeline Deal With Carney, All Signals Point to Yes

November 22, 2025 by EnergyNow Media

‘The ball is in Prime Minister Carney’s court,’ says Premier Danielle Smith By Rick Bell – This Article and More by Rick Bell Here Let’s throw out a tidbit, a little appetizer to start things off. There is a very strong and a very persistent rumour Prime Minister Mark Carney will be in Calgary next … Read more

Axiom Oil and Gas Inc. Announces Property Sales, Files $110 Million Lawsuit Against Tidewater Midstream and Infrastructure Ltd.

November 22, 2025 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – November 20, 2025) – Axiom Oil and Gas Inc. (“Axiom” or the “Company“) is pleased to report that as a result of its recent successful drilling program of its highest cash netback property, Black Creek, the Company has initiated a sales process with Sayers Energy Advisors for several non-core properties with bid … Read more

Oil Prices Settle Down at Lowest in a Month as US Seeks Russia-Ukraine Peace Deal

November 21, 2025 by EnergyNow Media

Summary Russia-Ukraine peace deal could boost global crude supply Stronger dollar weighs on oil prices US sanctions on Lukoil and Rosneft to take effect on Friday (Reuters) – Oil prices eased about 1% on Friday to settle at one-month lows as the U.S. pushed for a Russia-Ukraine peace deal that could boost global oil supplies, … Read more

US Drillers Add Oil and Gas Rigs for Third Week in a Row, Says Baker Hughes

November 21, 2025November 21, 2025 by EnergyNow Media

(Reuters) – U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since September, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose by five to … Read more

COMMENTARY: US LNG Export Dominance to be Tested as Sellers Look Beyond Europe

November 21, 2025 by EnergyNow Media

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By Gavin Maguire LITTLETON, Colorado, Nov 21 (Reuters) – A potent mix of American ingenuity and full-throated political backing has propelled the U.S. to the top of global LNG exporter rankings, and promoted a narrative that shipments of “freedom gas” will continue climbing to all markets for years to come. But while U.S. liquefied natural … Read more

From the Pacific to the Prairies, Reconciliation is Friendship – Resource Works

November 21, 2025 by EnergyNow Media

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Crystal Smith and Jerry Daniels say reconciliation is partnerships that deliver at home. By Geoff Russ Nov 13. – Resource Works IPSS 2025. Photo credit Resource Works or Resource Works/LTB Productions. By Resource Works More News and Views From Resource Works Here Reconciliation measured by outcomes, not rhetoric At the Indigenous Partnerships Success Showcase on November 13, … Read more

Tuktu Resources Ltd. Announces Third Quarter 2025 Results and Operations Update

November 21, 2025 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – November 20, 2025) – Tuktu Resources Ltd. (TSXV: TUK) (“Tuktu” or the “Company“) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2025, as well as an operations update. Selected financial and operating information should be read in conjunction with Tuktu’s unaudited interim condensed financial … Read more

Pine Cliff Energy Ltd. Announces Closing of Asset Disposition

November 21, 2025 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – November 20, 2025) – Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) (“Pine Cliff” or the “Company”) is pleased to announce that it has completed the disposition of certain assets in the Central area for gross cash proceeds of $15.0 million before closing adjustments as previously described in the Pine Cliff press release dated November 5, … Read more

COPPING OUT: COP30 Climate Summit Set for Last-Gasp Showdown Over Fossil Fuels and Finance

November 21, 2025 by EnergyNow Media

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The COP30 climate summit was headed for a showdown on Friday over the future of fossil fuels after hosts Brazil dropped efforts to develop a global plan to shift away from oil, gas and coal from its proposed deal. A draft text for a deal for this year’s U.N. climate summit, released before dawn on … Read more

Tidewater Midstream and Infrastructure Ltd. Responds to Axiom Oil and Gas Inc.’s Disclosure Regarding Lawsuit

November 21, 2025 by EnergyNow Media

CALGARY, AB, Nov. 21, 2025 /CNW/ – Tidewater Midstream and Infrastructure Ltd. (“Tidewater” or the “Corporation”) (TSX: TWM) today responds to Axiom Oil and Gas Inc.’s (“Axiom”) press release dated November 20, 2025 (the “Axiom Press Release”). The Axiom Press Release contained commentary about a statement of claim it filed against Tidewater on April 29, 2024 (the “Claim”) concerning Tidewater’s exercise of certain of … Read more

Oil Extends Decline as US Presses for Russia-Ukraine Peace Deal

November 21, 2025 by EnergyNow Media

Summary Shifting interest rate outlook and strong dollar weigh on prices Ukraine will work with Washington on peace plan, says Zelenskiy US sanctions on Lukoil and Rosneft take effect on Friday (Reuters) – Oil prices fell nearly 2% on Friday, extending declines for a third session as the United States pushed for a Russia-Ukraine peace … Read more

US Shale Rigs Idle, Layoffs Rise as $60 Oil Tests Resilience of Permian

November 21, 2025 by EnergyNow Media

Summary Permian Basin starts to show economic strain as oil prices hover around $60 Trump’s tariffs are pushing costs higher, eating into profitability Local businesses and employment suffer amid industry downturn Reuters) – At the heart of the U.S. shale industry in Texas, oil production is climbing. But you wouldn’t know that if you talked … Read more

PERSPECTIVE: Short-Term Climate Pledges Simply Chase Deadlines, Not Results

November 21, 2025 by EnergyNow Media

By: Annika Segelhorst and Elmira Aliakbari The annual meeting of the United Nations Conference of the Parties, or COP, which is dedicated to implementing international action on climate change, is now underway in Brazil. Like other signatories to the Paris Agreement, Canada is required to provide a progress update on our pledge to reduce greenhouse gas (GHG) emissions … Read more

UAE to Invest Up to Cdn $70 Billion in Canada in Industries Such as AI, Energy

November 22, 2025November 21, 2025 by EnergyNow Media

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The United Arab Emirates said on Friday it will invest up to Cdn$70 billion (US $50 Billion) in Canada under a framework that includes projects in artificial intelligence, energy, and mining sectors. The UAE has been looking to expand its energy investments abroad, especially through its recently launched firm XRG, the foreign investment arm of … Read more

COMMENTARY: Carney Government’s Anti-Oil Sentiment No Longer in Doubt

November 21, 2025November 21, 2025 by EnergyNow Media

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By Kenneth P. Green The Carney government, which on Monday survived a confidence vote in Parliament by the skin of its teeth, recently released a “second tranche of nation-building projects” blessed by the Major Projects Office. To have a chance to survive Canada’s otherwise oppressive regulatory gauntlet, projects must get on this Caesar-like-thumbs-up-thumbs-down list. The first … Read more

Trump Energy Department Reorganizes Around Fossil, Nuclear Priorities

November 21, 2025November 21, 2025 by EnergyNow Media

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DOE reorganizes to prioritize oil and nuclear over renewables New divisions include Hydrocarbons and Geothermal Energy Office DOE did not say whether jobs would be affected Nov 20 (Reuters) – The U.S. Department of Energy on Thursday announced a reorganization of the agency that prioritizes oil and nuclear resources over offices that had been dedicated … Read more

Shale Oil’s Next Revolution Should Worry OPEC – Javier Blas

November 20, 2025November 20, 2025 by EnergyNow Media

By Javier Blas Even after years of technological breakthroughs, the shale industry still leaves most of the oil underground. At best, American drillers siphon away 15% to 10% of what’s potentially available; the rest has remained thousands of feet under the surface. Until now. The next phase of the revolution — call it shale 4.0 … Read more

As US Expands NGL Exports, Fractionation Capacity Risk Emerges

November 20, 2025 by EnergyNow Media

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By Christopher Charleston US midstream companies are racing to expand natural gas liquids export capacity as global buyers show interest in American barrels, but analysts warn that a processing squeeze could slow the system long before cargoes reach the docks. While production of natural gas liquids, or NGLs, continue to reach new record highs — … Read more

AtkinsRéalis Canada President Says Quebec’s Mentality Around Pipelines is Changing

November 21, 2025November 20, 2025 by The Canadian Press

The head of AtkinsRéalis Group Inc.’s Canadian division is expressing optimism that Quebec would be receptive to a new pipeline through a province that staunchly opposed the now-defunct Energy East proposal about a decade ago.
“The mentality is cha…

COMMENTARY: Investors Risk Being Hoodwinked by Grim Energy Transition Vibes – Ron Bousso

November 20, 2025 by EnergyNow Media

By Ron Bousso Investment in low-carbon energy to reach $2.2 trillion this year Global renewable power capacity is forecast to double by 2030 Trade tensions to nevertheless slow the energy transition LONDON, Nov 20 (Reuters) – Stalled climate negotiations at COP30 and stubbornly high fossil fuel demand reflect the growing market consensus that the energy … Read more

Prospera Announces Completion of Key Pipeline Projects and Readiness for Winter Capital Program

November 20, 2025 by EnergyNow Media

CALGARY, Alberta, Nov. 20, 2025 (GLOBE NEWSWIRE) — Prospera Energy Inc. (“Prospera” or the “Company”) is pleased to announce the successful completion of three major pipeline infrastructure projects across its core Cuthbert and Hearts Hill fields. These upgrades represent a meaningful milestone in advancing the Company’s reservoir optimization strategy, improving fluid management, and ensuring long-term operational reliability … Read more

Oil Edges Up Amid Broader Market Rally, Falling U.S. Crude Stockpiles

November 20, 2025 by EnergyNow Media

Summary Brent, WTI up after 2% drops in prior session US crude stocks fall, but gasoline and distillate increase Equities rally, helping oil, but strong dollar weighs (Reuters) – Oil prices edged up on Thursday after falling in the previous session, boosted by a bigger-than-expected draw in U.S. crude stockpiles and a general risk-asset market … Read more

Coelacanth Announces Q3 2025 Financial and Operating Results

November 20, 2025 by EnergyNow Media

November 20, 2025 6:00 AM EST | Source: Coelacanth Energy Inc. Calgary, Alberta–(Newsfile Corp. – November 20, 2025) – COELACANTH ENERGY INC. (TSXV: CEI) (“Coelacanth” or the “Company”) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2025. All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Increased … Read more

REALITY: Ottawa’s Regulatory Regime Pushes Away Pipeline Investors

November 20, 2025November 20, 2025 by EnergyNow Media

By Julio Mejía and Tegan Hill The Carney government recently unveiled the second round of “nation building” projects slated for fast-track assessment and approval. Of the 12 projects now deemed to be in the “national interest” and prioritized for development, there’s not a single oil pipeline. The new list includes the Northwest Critical Conservation Corridor in northwest … Read more

Canadian Women See Energy Expansion Leading to Better Lives

November 20, 2025 by EnergyNow Media

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‘Women all across Canada generally hold very similar opinions on these issues’ Follow CEC on LinkedIn CEC LinkedIn Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Heather Taylor, senior manager of social performance at Western LNG and a board member of Canada Powered by Women, speaks at a recent event hosted by the organization. … Read more

FEATURE: ‘Weird and Wonderful’ Wells Are Boosting Oil Production in Alberta and Saskatchewan

November 20, 2025November 20, 2025 by EnergyNow Media

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Multilateral designs lift more energy with a smaller environmental footprint By Deborah Jaremko Follow CEC on LinkedIn CEC LinkedIn Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Multilateral well designs. Images courtesy Chinook Consulting Services A “weird and wonderful” drilling innovation in Alberta is helping producers tap more oil and gas at lower cost … Read more

‘Gas-For-Wine’: South Africa Seeks Deal to Boost Trade, Investment With Canada

November 20, 2025November 20, 2025 by The Canadian Press

As Prime Minister Mark Carney heads to Johannesburg for the G20 summit, Canada and South Africa are talking about a deal to boost bilateral trade and investment that could see more South African wine on Canadian shelves in exchange for gas exports.
“W…

Premier Moe Says He’s Supportive of Pipeline to Northern B.C., Reallowing Tankers

November 20, 2025November 20, 2025 by The Canadian Press

Saskatchewan Premier Scott Moe says he’s hopeful the federal government and Alberta can make progress on getting a pipeline built and allowing some tanker traffic on the northern B.C. coast.
Moe says the measures would support Saskatchewan’s goal of e…

TotalEnergies CEO Warns Europeans Not to Overrely on US LNG

November 19, 2025 by EnergyNow Media

By Francois de Beaupuy TotalEnergies SE Chief Executive Officer Patrick Pouyanne said European nations should avoid becoming too reliant on imports of US liquefied natural gas as they prepare to further trim supplies from Russia. US President Donald Trump “seeks somehow to replace the Russian dependency with an American dependency” as Europe looks for energy, … Read more

West Scrambles to Fill Heavy Rare Earth Gap as China Rivalry Deepens

November 19, 2025 by EnergyNow Media

By Eric Onstad As China limits exports, MP Materials leads US bid for alternatives Heavy elements dysprosium and terbium are hard to source Brazil emerges as key heavy rare earth ore exporter LONDON, Nov 19 (Reuters) – The West’s push to build a home-grown magnets supply chain to reduce its reliance on China – led … Read more

Adjustment of Mandatory Closure Spend for Licence Transfers – Bulletin 2025-35

November 19, 2025 by EnergyNow Media

Release Date November 17, 2025 As outlined in Bulletin 2025-27 regarding the industry-wide closure spend requirements for 2026, a licensee’s mandatory closure spend will be adjusted upon approval of the licence transfer for the transferor and the transferee. We are revising the requirements in Directive 088: Licensee Lifecycle Management, which will affect licence transfer applications submitted on or … Read more

EIA Sees Alaska Crude Oil Production Rising 13% in 2026

November 19, 2025 by EnergyNow Media

(Reuters) – Crude oil production from Alaska is forecast to reach 477,000 barrels per day (bpd) in 2026, the highest since 2018, the U.S. Energy Information Administration (EIA) said in its latest Short-Term Energy Outlook on Wednesday. The EIA said Alaska oil production is expected to rise 13%, or 55,000 bpd, marking the largest annual … Read more

US, Saudi Tout New Business Deals at Investment Forum

November 19, 2025 by EnergyNow Media

(Reuters) – Saudi and U.S. officials on Wednesday touted billions in new investments and growing financial ties between the two countries coinciding with Saudi Arabian Crown Prince Mohammed bin Salman’s visit to Washington. The CEOs from Chevron, Qualcomm, Cisco, General Dynamics and Pfizer are attending the U.S.-Saudi Investment Forum at the Kennedy Center in Washington, … Read more

Russia’s Novatek Gives Deep Discounts to Sell Sanctioned LNG to Chinese Buyers, Sources Say

November 19, 2025 by EnergyNow Media

Russian liquefied natural gas producer Novatek has slashed the prices of its cargoes by 30% to 40% since August to entice Chinese buyers to purchase sanctioned gas from its Arctic LNG 2 project, sources familiar with the matter told Reuters. The purchases have ended the commercial limbo for the $21-billion project, which is subject to … Read more

Oil Falls on Oversupply Concerns But Tighter Fuel Markets Limit Drop

November 19, 2025 by EnergyNow Media

(Reuters) – Oil prices fell on Wednesday due to higher crude inventories in the U.S., reinforcing oversupply concerns, but falls were limited by a tighter fuel market as a result of attacks against Russia’s oil infrastructure. Brent crude futures fell 71 cents, or 1%, to $64.18 a barrel by 1111 GMT, after gaining 1.1% the … Read more

‘The Devil is in the Details’ as Alberta-Ottawa Energy Pipeline MOU Appears Just Days Away: Former Pipeline Executive Says

November 20, 2025November 19, 2025 by EnergyNow Media

CALGARY – Federal climate policy will have to be finessed in just the right way if Alberta’s push for a “grand bargain” on a new West Coast oilsands pipeline is to pan out, a former energy executive said after The Globe and Mail reported the province and Ottawa were nearing an agreement in support of … Read more

COMMENTARY: Carney Fails to Undo Trudeau’s Damaging Energy Policies

November 20, 2025November 19, 2025 by EnergyNow Media

By Tegan Hill and Elmira Aliakbari On the campaign trail and after he became prime minister, Mark Carney has repeatedly promised to make Canada an “energy superpower.” But, as evidenced by its first budget, the Carney government has simply reaffirmed the failed plans of the past decade and embraced the damaging energy policies of the Trudeau … Read more

Here’s What They Don’t Tell You About BC’s Tanker Ban

November 19, 2025November 19, 2025 by EnergyNow Media

Crude oil tankers have sailed and docked on the British Columbia coast for more than 70 years, with no spills By Tom Fletcher This Article and More From Resource Works Here Crude oil tankers at the Trans Mountain Westridge Marine Terminal, where crude oil from the expanded Trans Mountain Pipeline is loaded onto tankers. … Read more

How Germany is Building Up LNG Import Terminals

November 18, 2025 by EnergyNow Media

FRANKFURT, Nov 18 (Reuters) – Germany is putting natural gas import terminals into operation as part of the country’s efforts to replace piped Russian gas following Moscow’s invasion of Ukraine in 2022. The Elbe River terminal at Stade is now in line to become operational in the second quarter of 2026 at the earliest, according … Read more

COMMENTARY: TotalEnergies’ Power Play Teaches Big Oil How Energy Transition Can Work – Ron Bousso

November 18, 2025 by EnergyNow Media

By Ron Bousso TotalEnergies acquires 50% in Czech energy company EPH’s power business French company aims to grow power business while also increasing oil and gas Strategy contrasts with Shell and BP that scrapped most renewables plans LONDON, Nov 18 (Reuters) – France’s TotalEnergies (TTEF.PA) is betting big on power and renewables, positioning itself to … Read more

Global Oil Refining Profits Surge and May Stay Strong

November 18, 2025 by EnergyNow Media

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(Reuters) – Global refining margins have hit multi-year highs in November due to sanctions on Russia, refinery outages and maintenance, according to LSEG data and analysts, and some see little respite without more plants being built in the Western world. The strength in margins contrasts with crude oil markets coming under pressure from an expected … Read more

Westgate Energy Provides Operational Update

November 18, 2025 by EnergyNow Media

CALGARY, AB, Nov. 18, 2025 /CNW/ – Westgate Energy Inc. (“Westgate” or the “Company“) (TSXV: WGT), is pleased to provide an operational update following the completion of its latest drilling program in the Beaverdam area of Alberta. Drilling Results The Company has successfully completed its previously announced fall drilling program at its Beaverdam asset. The program included two vertical stratigraphic test wells and … Read more

Carney Defends Green Pledge to Get Budget 2025 Passed in Narrow Vote

November 18, 2025November 18, 2025 by The Canadian Press

Prime Minister Mark Carney on Tuesday defended making a commitment to carbon emission targets to get the government’s spending plan over the finish line.
Carney told reporters before the weekly cabinet meeting in Ottawa that he was “very pleased” his …

CRR and Islander Get Creative on Roadway Transaction Within Alberta’s Heavy Oil Fairway

November 18, 2025 by EnergyNow Media

FOR IMMEDIATE RELEASE CALGARY, AB, November 17, 2025 / CNW / — Canadian Resource Roadways (CRR), a leader in resource infrastructure ownership and operations, is pleased to announce it has entered into a definitive agreement with Islander Oil & Gas Inc. (“Islander”) to acquire 53 kilometres of critical roadway infrastructure, including the Seal Lake Road and East Chip … Read more

TransAlta Buying Four Ontario Natural Gas-Fired Power Plants for $95 Million

November 19, 2025November 18, 2025 by The Canadian Press

TransAlta Corp. has signed a deal to buy Far North Power Corp. and its four natural gas-fired power plants in Ontario for $95 million.
The power utility is buying the assets from an affiliate of Hut 8 Corp. and Macquarie Equipment Finance Ltd.
The pla…

Oil Steadies as Markets Weigh Russia Sanctions and Glut Forecasts

November 18, 2025 by EnergyNow Media

Summary US Treasury says sanctions are squeezing Mscow’s revenue Russian oil loadings at Novorossiysk resume after Ukraine attack Oil prices to fall next year, says Goldman Sachs (Reuters) – Oil prices steadied on Tuesday, regaining ground after early losses, as traders weighed the impact of Western sanctions on Russian oil flows against an expected supply … Read more

Canada’s Oilsands Make Their Comeback as U.S. Shale Plateaus

November 18, 2025 by EnergyNow Media

The catalyst for the brighter outlook is the newly expanded Trans Mountain oil pipeline Canada’s oil sands are experiencing a comeback after years of living in the shadow of United States shale. Crude output is climbing to new highs, the nation’s top producers are seeing their shares soar and interest in the industry is rising among U.S. institutional investors. … Read more

Canacol Energy Seeks Court Protection From Creditors to Allow for Restructuring

November 18, 2025November 18, 2025 by The Canadian Press

Canacol Energy Ltd. says it’s seeking court protection from creditors to allow for a restructuring of the company.
The natural gas company says it’s seeking an order for creditor protection from the Court of King’s Bench of Alberta under the Companies…

COMMENTARY: Carney Government Needs Stronger ‘Fiscal Anchors’ and Greater Accountability

November 18, 2025 by EnergyNow Media

By Tegan Hill and Grady Munro Following the recent release of the Carney government’s first budget, Fitch Ratings (one of the big three global credit rating agencies) issued a warning that the “persistent fiscal expansion” outlined in the budget—characterized by high levels of spending, borrowing and debt accumulation—will erode the health of Canada’s finances and could lead to a … Read more

COMMENTARY – HIJACKED: The Carney Government is Hijacking the Phase “Energy Superpower” to Advance Their Agenda – Jim Warren

November 19, 2025November 18, 2025 by EnergyNow Media

By Jim Warren Lately, the spin doctors in the prime minister’s office (PMO) have been hijacking perfectly good words and altering their meaning in the service of the Liberal agenda. For budgetary purposes “operating expenses” have become “investments.” Similarly, the term “energy superpower” no longer means what people typically think it means. Back in the … Read more

Goldman Sachs Sees Oil Prices Falling Through 2026 on Supply Surge

November 17, 2025 by EnergyNow Media

(Reuters) – Oil prices are expected to decline through 2026, Goldman Sachs said on Monday, citing a production surge that will keep the market in a large surplus of around 2 million barrels per day. The bank forecast Brent crude will average $56 a barrel and WTI $52 in 2026, below current forward curves of … Read more

The 2 Million Barrel Divide: IEA and OPEC at Odds Over Oil Demand

November 17, 2025 by EnergyNow Media

Widening gap between forecasts from IEA, OPEC and EIA clouds oil market outlook By Ryohtaroh Satoh and Malcolm Moore Original: financialpost.com/financial-times/barrel-divide-iea-opec-at-odds-oil-demand The widest gap for more than two decades has opened up between the forecasts of the three main international organisations that track the world’s crude markets, causing confusion about global oil demand. The Paris-based … Read more

Fossil Fuel Transition Emerges as Key COP30 Fight

November 17, 2025 by EnergyNow Media

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By John Ainger Luiz Inácio Lula da Silva, during the COP30 Leaders Summit on Nov. 6. Photographer: Dado Galdeiri/Bloomberg The thousands of protesters who brought traffic to a halt Saturday in the Brazilian city of Belém implored leaders to act faster to tackle global warming. As United Nations climate talks enter their critical second week, … Read more

Inflation Cools to 2.2% in October as Gas, Grocery Prices Fall

November 17, 2025November 17, 2025 by The Canadian Press

Cheaper prices at the gas pumps and grocery store helped bring down inflation in October, Statistics Canada said Monday.
The annual rate of inflation cooled to 2.2 per cent in October — a tick higher than economists’ expectations but down from 2.4 per…

The Future of the Energy Transition Will be Fractured, Bumpy and Long: Bousso

November 17, 2025 by EnergyNow Media

As COP30 kicks off its second week in Brazil, much has changed since the landmark Paris climate agreement was penned 10 years ago. The spirit of cooperation that once reigned has been shattered by economic rivalries and a stark divergence in climate policies among the world’s biggest polluters. The landmark UN COP21 climate agreement signed … Read more

Oil Edges Down After Loadings Resume at Russian Export Hub

November 17, 2025 by EnergyNow Media

Summary Russia’s Novorossiysk port has resumed oil loadings US plans sanctions on nations doing business with Russia Speculators increase ICE Brent net longs on supply risks (Reuters) – Oil prices dipped slightly on Monday as loadings resumed at Russia’s Novorossiysk export hub after a two-day suspension at the Black Sea port that had been hit … Read more

Total Sulfur Analyzer Shelter Designed for Western Canada’s Energy Sector

November 17, 2025 by EnergyNow Media

Westech Industrial – Custom Integration & Fabrication Solutions Across Western Canada, producers continue to face increasing pressure to meet stringent product quality specifications—especially when dealing with natural gas liquids such as butane. Reliable, representative sampling and accurate sulfur measurement are critical components of that responsibility. Westech Industrial recently completed a fully integrated Total Sulfur Analyzer … Read more

Alberta County Divided After Vote Over Planned Nuclear Plant

November 17, 2025November 17, 2025 by The Canadian Press

Amid the sprawling canola fields, white spruce and jack pine trees, fireweed and goldenrods of northern Alberta, Pat McNamara is having a case of nuclear déjà vu.
Two decades ago, he lived in Port Hope, Ont., northeast of Toronto, in a community deali…

COMMENTARY – RICK BELL: Danielle Smith Can Smell Victory for Alberta and the Oilpatch

November 17, 2025November 17, 2025 by EnergyNow Media

Could there be peace between Alberta and the Liberal government in Ottawa? Premier Danielle Smith says, Yes! By Rick Bell – This Article and More by Rick Bell Here Alberta Premier Danielle Smith repeats those words often on Friday. Sure, Alberta didn’t get a mention Thursday when Prime Minister Mark Carney gave his blessing to … Read more

PETER TERTZAKIAN FEATURE: A Picture is Worth a Thousand Spreadsheets – Interview With Resource Works CEO Stewart Muir

November 17, 2025November 17, 2025 by EnergyNow Media

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What if the secret to understanding Canada’s energy future lies not in spreadsheets but in storytelling? By Stewart Muir By Resource Works More News and Views From Resource Works Here When I think about who has done the most to make sense of Canada’s energy story — not just in charts and forecasts but in … Read more

PERSPECTIVE: Canada Needs World-Class AI Companies to Help Boost Productivity Growth

November 17, 2025November 17, 2025 by EnergyNow Media

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By Steven Globerman Canada has experienced sluggish productivity growth over the past 25 or so years, due partly to weak business investment. Carolyn Rogers, senior deputy governor of the Bank of Canada, has called the situation a “crisis.” In its first budget released on Tuesday, the Carney government noted the need for more private-sector investment … Read more

COMMENTARY: BUYER BEWARE – The Carney Government’s Centrally Planned Green Economy – Ron Wallace

November 17, 2025 by EnergyNow Media

By Ron Wallace Welcome to the Age of Ottawa’s centrally planned green economy. On November 13, 2025, the Carney government announced yet another round of projects to be referred to the newly created Major Projects Office (MPO) established under the authority of the Building Canada Act (2025). That Office, designed to coordinate and streamline federal … Read more

B.C. Premier Eby Says B.C. is at a ‘Pivot Point’ as He Promises Future Based on Natural Resources – Says West Coast Tanker Ban is Here to Stay

November 17, 2025November 17, 2025 by The Canadian Press

British Columbia Premier David Eby used his appearance at the convention of British Columbia’s New Democrats to highlight several resource projects, while saying that the federal ban on tankers off B.C.’s northern coast is here to stay.
Eby promised S…

Alberta Offers Enormous Advantages for AI Data Centres – Yogi Schulz

November 17, 2025November 17, 2025 by EnergyNow Media

By Yogi Schulz Alberta offers significant advantages compared to other jurisdictions in the competitive race to attract AI data centres. Alberta Premier Danielle Smith clearly understands the opportunity. She has charged Affordability and Utilities Minister Nathan Neudorf, Technology and Innovation Minister Nate Glubish and Finance Minister Nate Horner to complete and publicly announce the province’s … Read more

US Drillers Add Oil and Gas Rigs for Second Week in a Row, says Baker Hughes

November 17, 2025November 17, 2025 by EnergyNow Media

(Reuters) – U.S. energy firms this week added oil and natural gas rigs for a second week in a row, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose by 1 to 549 in the week to November … Read more

From Boardroom to Ballroom, the Calgary Petroleum Club is the Place To Be – This Holiday Season and All Year Long – Discover Your Membership Opportunity Here

November 19, 2025November 16, 2025 by EnergyNow Media

Built for Business, Backed by Legacy. From boardroom to ballroom, the Calgary Petroleum Club is the place to be—this holiday season and all year long. Since 1948, members of the Calgary Petroleum Club have been enjoying our private, world-class amenities, and all the benefits that come with it. It’s a place where you … Read more

Goldman Sachs Sees Global Oil Demand Growing Through 2040

November 15, 2025 by EnergyNow Media

(Reuters) – Goldman Sachs expects global oil demand to grow to 113 million barrels per day in 2040 from 103.5 mbpd in 2024, driven by rising energy needs and ongoing challenges in low-carbon technology and infrastructure, the Wall Street bank said on Thursday. “We expect solid annual average demand growth of 0.9 mbpd in 2025-2030, … Read more

A Closer Look at the Second Batch of Projects Being Weighed by the Major Projects Office

November 15, 2025November 15, 2025 by The Canadian Press

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Prime Minister Mark Carney has revealed the second batch of potentially “nation-building” infrastructure projects to be reviewed on expedited timelines, making good on his promise to make the announcement before the Grey Cup football championship this…

Waterous Energy Fund Acquires Shares of Greenfire Resources Ltd.

November 14, 2025 by EnergyNow Media

CALGARY, Alberta–(BUSINESS WIRE)–Waterous Energy Fund Management Corp. (the “WEF Manager“), in its capacity as manager of certain limited partnerships comprised of Waterous Energy Fund III (Canadian) LP, Waterous Energy Fund III (US) LP, Waterous Energy Fund III (International) LP, Waterous Energy Fund III (Canadian FI) LP and Waterous Energy Fund III (International FI) LP (collectively, … Read more

Oil Settles up More Than 2% as Russian Port Suspends Oil Exports After Ukrainian Attack

November 14, 2025 by EnergyNow Media

Summary Brent, WTI settle up more than 2% Both benchmarks rise on the week Russian port of Novorossiisk halt oil exports Investors weigh impact of Western sanctions on Russian oil (Reuters) – Oil prices settled more than 2% higher on Friday as Russia’s port of Novorossiisk halted oil exports following a Ukrainian drone attack that … Read more

Alberta’s Smith Supportive of New Major Projects, Says Pipeline Negotiation Ongoing

November 15, 2025November 14, 2025 by EnergyNow Media

CALGARY – Alberta Premier Danielle Smith says she’s on board with Prime Minister Mark Carney’s second batch of key major projects picked out for potential fast-track approval. Carney announced Thursday that seven additional major energy and infrastructure projects were being referred to his government’s major projects office, after announcing an initial list of five back … Read more

Discount on Western Canada Select Narrows Slightly

November 14, 2025 by EnergyNow Media

(Reuters) – The discount on Western Canada Select to North American benchmark West Texas Intermediate futures narrowed slightly on Thursday. WCS for December delivery in Hardisty, Alberta, settled at $11.65 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, down from $11.70 on Thursday. Canadian crude storage levels remain below the five-year average, … Read more

Prairie Provident Announces Third Quarter 2025 Results

November 14, 2025 by EnergyNow Media

CALGARY, Alberta, Nov. 14, 2025 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident” or the “Company”) (TSX:PPR) announces its financial and operating results for the third quarter of 2025. The Company’s interim financial statements for the three and nine months ended September 30, 2025 and related Management’s Discussion and Analysis (“MD&A”) are available on our website … Read more

Barclays Says Brent Could Top $85/bbl if Russian Exports Drop Sharply

November 14, 2025 by EnergyNow Media

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(Reuters) – Brent crude could rise above $85 per barrel if Russian exports fall sharply, Barclays said, well above the bank’s previous forecast of $66 per barrel for 2026. In late October, U.S. President Donald Trump imposed Ukraine-related sanctions on Russia’s largest oil companies, Lukoil and Rosneft, in Washington’s toughest measures against Russian business during … Read more

What is Ksi Lisims LNG, the B.C. Project Being Fast Tracked by Feds?

November 14, 2025 by The Canadian Press

The Ksi Lisims LNG facility in northern British Columbia and the North Coast Transmission Line that is planned to power it are among major projects that Prime Minister Mark Carney says will be reviewed for fast-track permitting and approval.
Here are …

CAPP Reaction to Second Federal Major Projects List Announcement

November 14, 2025 by EnergyNow Media

“The second announcement of major projects deemed to be in the national interest is another step towards Canada’s goal of becoming a global energy superpower. With Ksi Lisims LNG and the related Prince Rupert Gas Transmission project joining LNG Canada Phase 2 on the major projects list, paired with Cedar and Woodfibre LNG which are … Read more

Source Rock Royalties Declares Monthly Dividend

November 14, 2025 by EnergyNow Media

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S./ CALGARY, AB, Nov. 14, 2025 /CNW/ – November 14, 2025 – Source Rock Royalties Ltd. (“Source Rock”) (TSXV: SRR), a pure-play oil and gas royalty company with an established portfolio of oil royalties, announces that its board of directors has declared a monthly dividend of $0.0065 per common share, payable in … Read more

No Evidence of Systemic Issue on Keystone System Following N.D. Spill, South Bow Says

November 14, 2025November 14, 2025 by The Canadian Press

South Bow Corp. aims to gradually return its Keystone pipeline to normal operations next year, as the system continues to run at reduced pressure following an April spill in North Dakota.
Chief operating officer Richard Prior says the company has see…

Highwood Asset Management Ltd. Announces Third Quarter 2025 Results and Operational Update

November 14, 2025 by EnergyNow Media

/NOT FOR DISSEMINATION IN THE U.S. OR THROUGH U.S. NEWSWIRES/ CALGARY, AB, Nov. 14, 2025 /CNW/ – Highwood Asset Management Ltd. (“Highwood” or the “Company“) (TSXV: HAM) is pleased to announce financial and operating results for the three and nine months ended September 30, 2025. The Company also announces that its unaudited financial statements and associated Management’s Discussion and Analysis … Read more

Calfrac Reports Third Quarter 2025 Results

November 14, 2025 by EnergyNow Media

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CALGARY, Alberta, Nov. 14, 2025 (GLOBE NEWSWIRE) — Calfrac Well Services Ltd. (“Calfrac” or “the Company”) (TSX: CFW) announces its financial and operating results for the three and nine months ended September 30, 2025. The following press release should be read in conjunction with the management’s discussion and analysis and interim consolidated financial statements and notes thereto as … Read more

Keyera Announces 2025 Third Quarter Results

November 14, 2025 by EnergyNow Media

CALGARY, AB, Nov. 14, 2025 /CNW/ – Keyera Corp. (TSX: KEY) (“Keyera”) announced its third quarter financial results today, the highlights of which are included in this news release. To view Management’s Discussion and Analysis (the “MD&A”) and financial statements, visit either Keyera’s website or its filings on SEDAR+ at www.sedarplus.ca. “Our year-over-year growth reflects the consistent strength and competitiveness … Read more

Manufacturing Sales up 3.3 Per Cent in September, Highest Level Since February

November 14, 2025November 14, 2025 by The Canadian Press

Manufacturing sales rose 3.3 per cent to $72.1 billion in September, their highest level since February, boosted by strength in the auto and energy industries, Statistics Canada says.
The agency said Friday the increase came as sales rose in 14 of the…

ROK Resources Files Financial Results for the Third Quarter of 2025 and Provides Update on Going Private Transaction

November 14, 2025 by EnergyNow Media

NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES REGINA, SK / ACCESS Newswire / November 13, 2025 / ROK Resources Inc. (“ROK” or the “Company“) (TSXV:ROK)(OTCQB:ROKRF) has filed its interim Financial Results and Management Discussion & Analysis for the nine months ended September 30, 2025, and provides an update on the Going Private … Read more

Enbridge Adding Canadian Egress to Key U.S. Refining Markets, Enhancing North American Energy Security

November 14, 2025 by EnergyNow Media

CALGARY, AB, Nov. 14, 2025 /PRNewswire/ – Today, Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced that it has reached a final investment decision on the Mainline Optimization Phase 1 project (MLO1). MLO1 will add capacity to the Company’s Mainline network and Flanagan South Pipeline (FSP) to meet customer demand for incremental egress, increasing … Read more

Oil Climbs More Than 1% as Russian Port Suspends Oil Exports after Ukrainian Attack

November 14, 2025 by EnergyNow Media

global oil market faces a million barrel glut next year, says iea oil drums barrels of oil 1200x810

Summary Brent, WTI jumped more than 2% earlier and pared gains Port of Novorossiysk halted oil exports on Friday Ukraine attack damages ship, homes, oil depot in Russian port LONDON, Nov 14 (Reuters) – Oil prices climbed more than 1% on Friday, boosted by supply fears after the Black Sea port of Novorossiysk halted oil … Read more

South Bow Reports Profit of US$93 Million in Q3, Up From Last Year

November 14, 2025November 14, 2025 by The Canadian Press

South Bow Corp. reported net income of US$93 million in its third quarter, up from $61 million during the same period a year earlier.
The Calgary-based pipeline operator says its earnings amounted to 45 cents US per share in the quarter ending Sept. …

Discount on Western Canada Select Widens

November 14, 2025 by EnergyNow Media

The discount on Western Canada Select to North American benchmark West Texas Intermediate futures widened on Thursday. WCS for December delivery in Hardisty, Alberta, settled at $11.70 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared to Wednesday’s close of $11.50. * The differential has been trading in a tight band, ranging … Read more

Enbridge Spending US$1.4 Billion to Increase Shipping Capacity to U.S. Markets

November 17, 2025November 14, 2025 by The Canadian Press

Enbridge Inc. has announced plans to spend US$1.4 billion to increase its capacity to ship Canadian heavy oil to the United States.
The company says it has reached a final investment decision to add capacity on its Mainline network and its Flanagan So…

Arolytics Announces AroIQ: SCADA-Based Methane Management Platform – Learn More

November 17, 2025November 14, 2025 by EnergyNow Media

AroIQ is an AI-driven solution that leverages operational oil and gas data, including SCADA, for near real-time methane emissions management. CALGARY, ALBERTA, CANADA, Arolytics Inc., a North American leader in emissions intelligence software, announced AroIQ, an artificial intelligence (AI) solution leveraging oil and gas operational data, including SCADA, for digital emissions monitoring. With AroIQ, oil … Read more

Federal Budget: It’s Not Easy Being Green

November 14, 2025November 14, 2025 by EnergyNow Media

Canada’s climate rethink signals shift from green idealism to pragmatic prosperity. By Nelson Bennett By Resource Works More News and Views From Resource Works Here Bill Gates raised some eyebrows last week – and probably the blood pressure of climate activists – when he published a memo calling for a “strategic pivot” on climate change. … Read more

Oil and Gas Producers Applaud Ottawa’s Latest Major Projects List

November 14, 2025November 14, 2025 by The Canadian Press

The Canadian Association of Petroleum Producers is applauding Ottawa’s latest list of major projects after another liquefied natural gas project made the cut.
On Thursday, Prime Minister Mark Carney identified the second tranche of projects his govern…

COMMENTARY: Canada’s Federation Operates More Smoothly When Governments Respect Each Other’s Jurisdictions

November 14, 2025 by EnergyNow Media

By John Ibbitson and Livio Di Matteo Fiscal federalism in Canada is in perpetual conflict between a federal government that often uses its spending power to assert authority in areas of provincial jurisdiction, and provincial governments that resist those intrusions. In studying the history of that conflict, we concluded that, while federal intrusions may have been necessary during … Read more

Canada Must Lead the New Resource Revolution

November 14, 2025 by EnergyNow Media

As global tensions rise and supply chains fracture, Canada’s critical minerals can anchor a new era of secure, sustainable, and sovereign prosperity, if we have the courage to act. By Jeff Gaulin By Resource Works More News and Views From Resource Works Here The world is being reshaped by competition over resources, and Canada sits … Read more

Varcoe: Canadian Gas Producers See Door to Global Markets as LNG Facility Makes Federal Major Projects List

November 14, 2025November 14, 2025 by EnergyNow Media

‘A lot of major work has taken place in the past five years, getting everything put together … This announcement gets us so very close to the finish line’ This Article & More by Chris Varcoe Here Natural gas producers in Western Canada watched closely as the Carney government added the Ksi Lisims LNG development … Read more

New Major Projects List Has Some Indigenous Buy-In, Carney Says OKs Still Needed

November 14, 2025November 14, 2025 by The Canadian Press

mark carney major projects announcement 2 1200x810

After an initial round of referrals to the new Major Projects Office that saw no Indigenous-led projects chosen, the second list of referrals includes some with Indigenous support, ownership or backing — including a liquefied natural gas project.
The …

Carney and Other World Leaders Should Recognize World’s Dependence on Fossil Fuels

November 14, 2025November 14, 2025 by EnergyNow Media

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By Julio Mejía and Elmira Aliakbari On the heels of his first federal budget, which promises more spending to promote a “green economy,” Prime Minister Carney will soon fly to Brazil for COP30, the 30th United Nations climate summit. Like the former Trudeau government, the Carney government has pledged to achieve “net-zero” emissions in Canada—and compel other countries to … Read more

Peyto Reports Third Quarter Results and Preliminary 2026 Capital Program

November 13, 2025 by EnergyNow Media

CALGARY, Alberta, Nov. 13, 2025 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (“Peyto” or the “Company”) is pleased to report operating and financial results for the third quarter of 2025 and a preliminary capital budget for 2026. Highlights: Peyto reported $198.9 million in funds from operations1,2 (“FFO”), or $0.98/diluted share, and generated $69.1 million of free funds … Read more

Trump Administration Revokes Biden-Era Limits on Alaska Oil Drilling

November 13, 2025 by EnergyNow Media

(Reuters) – The Trump administration on Thursday finalized its rollback of Biden-era limits on oil and gas drilling in an Alaska area that is the nation’s largest tract of undisturbed public land. The move is consistent with President Donald Trump’s goal to reduce restrictions on domestic oil and gas development, particularly in resource-rich Alaska. Biden’s … Read more

Freehold Royalties Announces Third Quarter 2025 Results

November 13, 2025 by EnergyNow Media

CALGARY, Alberta, Nov. 13, 2025 (GLOBE NEWSWIRE) — Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) announces third quarter results for the period ended September 30, 2025. Third Quarter Highlights $74 million in revenue; $59 million in funds from operations ($0.36/share) (1)(2); $44 million in dividends paid ($0.27/share)(3); 16,054 boe/d(4) of total production, a 10% increase from the third … Read more

Goldman Sachs Sees Global Oil Demand Growing Through 2040

November 13, 2025 by EnergyNow Media

Prime Minister Carney Announces Second Tranche of Nation-Building Projects Referred to the Major Projects Office

November 13, 2025 by EnergyNow Media

canada's prime minister mark carney speaks at a news conference 1200x810

TERRACE, BC, Nov. 13, 2025 /CNW/ – The world is changing rapidly. Budget 2025: Canada Strong is the government’s bold and ambitious plan to meet this moment and transform our economy from one that is reliant on a single trade partner to one that is stronger, more self-sufficient, and resilient to global shocks. At the core of this new … Read more

US Natgas Scales Highest Level Since March on Stronger LNG Exports, Cold December Outlook

November 13, 2025 by EnergyNow Media

(Reuters) – U.S. natural gas futures rose to their highest level since March on Thursday, supported by stronger liquefied natural gas (LNG) exports and forecasts for colder-than-normal weather in December. Front-month gas futures for December delivery on the New York Mercantile Exchange moved 10.8 cents higher, or 2.4%, to $4.64 per million British thermal units … Read more

Major Power Transmission Line to Be Fast-Tracked by Carney

November 13, 2025 by EnergyNow Media

By Brian Platt and Thomas Seal Prime Minister Mark Carney will name a major electricity transmission line in British Columbia to his list of nation-building projects eligible to be fast-tracked, according to people familiar with the matter. The North Coast Transmission Line, or NCTL, is a top priority for BC Premier David Eby, and is aimed at unlocking resource … Read more

DONE DEAL: MEG Takeover Saga Draws to Close as Cenovus Completes Purchase

November 13, 2025November 13, 2025 by The Canadian Press

Oilsands giant Cenovus Energy Inc. has completed its takeover of MEG Energy Corp.
The two companies had neighbouring properties in the oilsands at Christina Lake, south of Fort McMurray, Alta.
With the purchase, Cenovus gets another 110,000 barrels …

World Oil Market Faces Even Larger 2026 Surplus, IEA Says

November 13, 2025 by EnergyNow Media

Summary Raises demand growth forecasts for this year and next IEA expects global supply to rise by 3.1 mln bpd in 2025 Implied surplus to reach 4.09 mln bpd in 2026, up by 120,000 bpd from last month Reuters – The global oil market faces an even bigger surplus next year of as much as … Read more

Oil Prices Tick Up After Steep Losses in Previous Session

November 13, 2025 by EnergyNow Media

Summary API shows rise in weekly US crude, sources say OPEC report says oil supply will match demand in 2026 IEA says oil, natural gas demand to grow through 2050 (Reuters) – Oil prices edged up on Thursday, taking a break after major losses in the previous session, as investors weighed concerns about global oversupply … Read more

Enterprise Group Announces Results for Third Quarter 2025

November 13, 2025 by EnergyNow Media

St. Albert, Alberta–(Newsfile Corp. – November 13, 2025) – Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) (the “Company” or “Enterprise”). Enterprise, a consolidator of energy services (including specialized equipment and services to the energy/resource sector), emphasizes technologies that mitigate, reduce, or eliminate CO2 and Green House Gas (GHG) and other harmful emissions for small local and Tier One resource … Read more

Discount on Western Canada Select Narrows

November 13, 2025 by EnergyNow Media

The discount on Western Canada Select to North American benchmark West Texas Intermediate futures narrowed on Wednesday. WCS for December delivery in Hardisty, Alberta, settled at $11.50 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared to Monday’s close of $11.70. Markets were closed Tuesday in Canada for Remembrance Day. * The … Read more

Prospera Announces Financing Update

November 13, 2025 by EnergyNow Media

CALGARY, Alberta, Nov. 12, 2025 (GLOBE NEWSWIRE) — Prospera Energy Inc. (TSX.V: PEI, OTC: GXRFF) (“Prospera”, “PEI” or the “Corporation”) Convertible Debt Offering Prospera Energy Inc. (TSXV: PEI) is pleased to announce an update regarding its previously announced convertible debt offering on May 12th and September 29th, 2025. Due to strong insider participation and higher-than-expected investor interest, the Corporation … Read more

LNG Prices Will Drop in 2026 to Absorb Supply Surge, But by How Much?: Russell

November 13, 2025 by EnergyNow Media

The liquefied natural gas market is bracing for a surge in supply next year, largely from top exporter the United States, but what is less certain is just how low spot prices will have to drop to clear the additional volumes. Global supply of the super-chilled fuel is expected to rise to 475 million metric … Read more

EU Lawmakers Back Further Weakening of Sustainability Law

November 13, 2025 by EnergyNow Media

European Union lawmakers backed further cuts to the bloc’s corporate sustainability law on Thursday, following months of pressure from companies and some governments demanding the EU weakens its rules. The European Union’s corporate sustainability due diligence directive (CSDDD) was adopted last year and requires companies to fix human rights and environmental issues in their supply … Read more

Tidewater Midstream and Infrastructure Ltd. Announces Third Quarter 2025 Results and Operational Update

November 13, 2025 by EnergyNow Media

CALGARY, AB, Nov. 13, 2025 /CNW/ – Tidewater Midstream and Infrastructure Ltd. (“Tidewater” or the “Corporation” when referred to the consolidated group, and “Tidewater Midstream” when referring to the legal entity) (TSX: TWM) has filed its consolidated interim financial statements and Management Discussion and Analysis (“MD&A”) for the three and nine month periods ended September 30, 2025. Third Quarter 2025 … Read more

Bonterra Energy Announces Third Quarter 2025 Financial Results and Operations Update

November 13, 2025 by EnergyNow Media

The Company Achieves a 7% Increase in YTD Production, Reduces Net Debt, and Maintains Production and Capital Expenditure Guidance Ranges CALGARY, Alberta, Nov. 13, 2025 (GLOBE NEWSWIRE) — Bonterra Energy Corp. (TSX: BNE) (“Bonterra” or the “Company”) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2025. The … Read more

Kelt Reports Financial and Operating Results for the Nine Months Ended September 30, 2025

November 13, 2025 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – November 13, 2025) – Kelt Exploration Ltd. (TSX: KEL) (“Kelt” or the “Company”) reports its financial and operating results to shareholders for the third quarter ended September 30, 2025. The Company’s financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended September 30 Nine months ended September 30 (CA$ thousands, … Read more

Thawing the Freeze on Oil and Gas Development in Treaty 8 Territory

November 13, 2025 by EnergyNow Media

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Will direct tenure awards to First Nations unlock Montney gas? By Nelson Bennett Chief Darlene Hunter and Chief Councillor Crystal Smith sign the treaty settlement agreement in 2024. By Resource Works More News and Views From Resource Works Here An innovative approach to facilitating natural gas production in B.C. while respecting treaty rights could become … Read more

Nickel Mine, Hydroelectric, LNG Projects to be Added to Carney’s Major Projects List

November 13, 2025November 13, 2025 by The Canadian Press

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The Crawford Nickel Project in Ontario and a hydroelectric project in Nunavut are expected to be added to Canada’s major projects list.
Prime Minister Mark Carney will be in Terrace, B.C., Thursday to announce the next batch of major projects the gove…

COMMENTARY: Why Did it Require a Crisis for Canada to Get Moving on Energy Development?

November 13, 2025November 13, 2025 by EnergyNow Media

It should not take a crisis for Canada to develop the resources that make people and communities thrive. By Geoff Russ By Resource Works More News and Views From Resource Works Here Canada is suddenly sprinting to build things it slow-walked for a decade. “Canada has always been a nation of builders, from the St. … Read more

MEG Announces Receipt of Final Order for Cenovus Transaction and Preliminary Election Results to Determine the Form of Consideration to be Received by MEG Shareholders

November 12, 2025 by EnergyNow Media

Final Order for the Cenovus Transaction granted by the Court of King’s Bench of Alberta Cenovus Transaction anticipated to close Thursday, November 13, 2025 Preliminary election results to determine the form of consideration to be received by MEG Shareholders indicate pro-rationing of Share Consideration elections CALGARY, AB, Nov. 12, 2025 /CNW/ – MEG Energy Corp. (TSX: MEG) (“MEG”, or the “Company”) is pleased … Read more

Lukoil’s Foreign Assets Attract Rush of Buyers

November 12, 2025 by EnergyNow Media

(Reuters) – From Egypt to Kazakhstan, the foreign assets of Russian oil major Lukoil are attracting potential bidders as time runs out to clear deals before U.S. authorities enforce sanctions. The U.S. has hit Lukoil with sanctions as part of its effort to bring the Kremlin to peace talks over Ukraine, and has already blocked … Read more

EIA Raises US Oil Output Forecast, Says Oversupply Will Weigh on Prices

November 12, 2025 by EnergyNow Media

(Reuters) – U.S. oil production is expected to set a larger record this year than previously forecast, even as global oil supply outpaces fuel demand, the Energy Information Administration said in its Short-Term Energy Outlook report on Wednesday. The Department of Energy’s statistical arm expects U.S. oil output to average 13.6 million barrels per day … Read more

Birchcliff Energy Ltd. Announces Q3 2025 Results, Increased 2025 Production Guidance and Preliminary 2026 Budget and Declares Q4 2025 Dividend

November 12, 2025 by EnergyNow Media

CALGARY, Alberta, Nov. 12, 2025 (GLOBE NEWSWIRE) — Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its Q3 2025 financial and operational results, updated 2025 guidance and its preliminary 2026 capital budget and guidance. Birchcliff is also pleased to announce that its board of directors (the “Board”) has declared a quarterly … Read more

The IEA Isn’t So Sure About Peak Oil Anymore: Energy Daily

November 12, 2025 by EnergyNow Media

The energy watchdog says it’s possible global oil consumption could keep increasing through the middle of the century. By Grant Smith For several years, one of the world’s top oil forecasters seemed sure that demand growth would soon plateau. That certainty is fraying. On Wednesday, the International Energy Agency in Paris — founded in the … Read more

IEA Says Questions Linger on Who Will Scoop Up New LNG Wave

November 12, 2025 by EnergyNow Media

By Elena Mazneva The global market could absorb a record wave of new supply of liquefied natural gas, but much depends on net zero policies and renewables growth, the International Energy Agency said. The IEA said it revised up overall gas demand in its World Energy Outlook published Wednesday, but “questions still linger about where … Read more

OPEC Sees Balanced Oil Market in 2026, Moves Further Away from Deficit Projection

November 12, 2025November 12, 2025 by EnergyNow Media

World oil supply is expected to match demand next year in a reflection of the wider OPEC+ group’s production increases, an OPEC report showed on Wednesday, marking a further shift from its earlier projections of a supply deficit in 2026. OPEC+, which groups the Organization of the Petroleum Exporting Countries, Russia and other allies, has … Read more

Baytex to Divest of U.S. Eagle Ford Assets to Advance Higher-Return Canadian Core Portfolio

November 12, 2025November 12, 2025 by EnergyNow Media

CALGARY – Baytex Energy Corp. says it has signed a deal to sell its U.S. Eagle Ford assets to an undisclosed buyer for about $3.25 billion in a move to focus on its operations in Alberta and Saskatchewan. The company says the light oil Eagle Ford operations in Texas represent all of its U.S. business. Baytex chair … Read more

COMMENTARY: IEA’s Bullish Oil Outlook is a Nod to Trump, Wake-Up Call for World: Bousso

November 12, 2025 by EnergyNow Media

The International Energy Agency’s latest outlook signals that oil demand may continue rising into 2050, a sharp shift from its previous reports and a stark reminder of how dominant black gold remains in the global economy. The IEA’s annual World Energy Outlook, published on Wednesday, maps out different trajectories for energy demand through 2050. This … Read more

InPlay Oil Corp. Announces Third Quarter 2025 Financial and Operating Results, Increased 2025 Production Guidance and Reduced Capital Spending

November 12, 2025 by EnergyNow Media

CALGARY, AB, Nov. 12, 2025 /CNW/ – InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company“) announces its financial and operating results for the three and nine months ended September 30, 2025. InPlay’s unaudited interim financial statements and notes, and Management’s Discussion and Analysis (“MD&A”) for the three and nine months ended September 30, 2025 will be available at “www.sedarplus.ca” … Read more

World Oil and Gas Demand Could Grow Until 2050, IEA Says

November 12, 2025 by EnergyNow Media

Summary IEA’s current policies scenario shows no oil demand peak before 2050 LNG supply to grow 50% by 2030 US has criticized the IEA for clean energy focus IEA says target to limit temperature rise at 1.5C out of reach (Reuters) – Global oil and gas demand could grow until 2050, the International Energy Agency … Read more

Oil Prices Fall as Oversupply Concerns Overshadow US Government Reopening

November 12, 2025 by EnergyNow Media

(Reuters) – Oil prices fell 1% on Wednesday, weighed down by oversupply in the market despite expectations that an end to the longest-ever U.S. government shutdown could boost oil demand. Brent crude futures slipped 66 cents, or 1%, to $64.50 a barrel by 1232 GMT after gaining 1.7% on Tuesday. U.S. West Texas Intermediate crude was down … Read more

Pembina Exec Says Oilpatch Consolidation Could be Good News for Bottom Line

November 12, 2025November 12, 2025 by The Canadian Press

An executive with natural gas shipper and processor Pembina Pipeline Corp. says recent consolidation among Canadian producers could accelerate projects and benefit its bottom line.
Chief operating officer Jaret Sprott told an investor conference call…

How Economic Corridors Could Shape a Stronger Canadian Future

November 12, 2025 by EnergyNow Media

Q&A with Gary Mar, CEO of the Canada West Foundation Follow CEC on LinkedIn CEC LinkedIn Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Building a stronger Canadian economy depends as much on how we move goods as on what we produce. Gary Mar, CEO of the Canada West Foundation, says economic corridors … Read more

Carney’s New NationBbuilding Projects List to Include Mines, LNG, Iqaluit Hydro: Sources

November 12, 2025 by EnergyNow Media

Prime Minister Mark Carney expected to make announcement in Prince Rupert, B.C., on Thursday Kate McKenna · CBC News · Posted: Nov 11, 2025 Prime Minister Mark Carney is set to announce a second set of “nation-building projects,” including at least three focused on critical mineral extraction, one for exporting liquefied natural gas (LNG) and at least one transmission … Read more

COMMENTARY: Mark Carney Has Failed to Make Use of the Powerful Tools at His Disposal to Get Oil Pipelines Built – Jim Warren

November 12, 2025November 12, 2025 by EnergyNow Media

By Jim Warren It can be refreshing when politicians clearly and unequivocally state their positions on important public issues. That’s what former BC premier, John Horgan, did during the 2017 BC provincial election campaign. Horgan forthrightly announced he would use “every tool in the tool box” to stop the Trans Mountain pipeline expansion (TMX). … Read more

COMMENTARY: Carney Puts Politics Over ‘Boring’ Pipeline Projects – LILLEY

November 12, 2025November 12, 2025 by EnergyNow Media

PM is dismissive of questions about pipelines, about problems the oil and gas industry is facing. Brian Lilley Originally Published in Toronto Sun Here Don’t expect any boring oil pipelines in Mark Carney’s announcement Thursday about projects of national interest. In his last few public appearances, Carney has downplayed the idea, downplayed the importance of … Read more

Minister Dabrusin to lead Canada’s efforts for collective climate action at the 30th United Nations Climate Change Conference (COP30)

November 11, 2025 by EnergyNow Media

From: Environment and Climate Change Canada News release November 10, 2025 – Gatineau, Quebec The Honourable Julie Dabrusin, Minister of Environment and Climate Change, will participate in the 30th United Nations Climate Change Conference (COP30) in Belém, Brazil, and lead Canada’s delegation to advance international efforts to address climate change. This year’s COP marks the 10th anniversary of … Read more

Occidental Petroleum Forecasts Flat Production, Lower Spending in 2026

November 11, 2025 by EnergyNow Media

Oil and gas producer Occidental Petroleum said on Tuesday it expects flat production growth in 2026 and spending to fall below current-year levels, as crude prices slide. U.S. shale producers are weathering a global oil slump, with prices hovering in the low $60-per-barrel range, pressured by OPEC+ output hikes and slowing global demand. Benchmark Brent … Read more

NuVista Energy Ltd. Announces Third Quarter Financial and Operating Results

November 11, 2025 by EnergyNow Media

CALGARY, Alberta, Nov. 11, 2025 (GLOBE NEWSWIRE) — NuVista Energy Ltd. (“NuVista” or the “Company“) (TSX: NVA) is pleased to announce financial and operating results for the three and nine months ended September 30, 2025. Operational and Financial Highlights During the third quarter ended September 30, 2025, NuVista: Produced 67,680 Boe/d, as compared to our third quarter guidance … Read more

Oil Prices Rise as Investors Balance Sanctions Risks, Oversupply Worries

November 11, 2025 by EnergyNow Media

(Reuters) – Oil prices rose on Tuesday due to the impact of the latest U.S. sanctions on Russian oil, although oversupply concerns limited gains. Brent crude futures were up 67 cents, or 1.1%, to $64.73 a barrel at 1333 GMT. U.S. West Texas Intermediate crude was at $60.78 a barrel, up 65 cents, or 1.1%. … Read more

CSV Midstream Solutions Brings Albright Plant Online Contributing to the Ongoing Evolution of Canada’s Midstream Infrastructure

November 11, 2025 by EnergyNow Media

First greenfield sour gas plant with sulfur recovery built in Alberta in over three decades demonstrates enhanced technology and a repeatable model for future development CALGARY, AB, Nov. 10, 2025 /CNW/ – CSV Midstream Solutions (CSV) has successfully completed commissioning and commenced operations at its Albright gas plant. The new 150 MMcf/d sour gas plant with sulfur recovery represents the … Read more

Aspenleaf Energy Brings New Life to Historic Alberta Oil Field While Cleaning Up the Past

November 11, 2025November 11, 2025 by EnergyNow Media

aspenleaf energy vp of wells ron weber 1200x810

Alberta’s number of inactive wells trending downward By Deborah Jaremko Follow CEC on LinkedIn CEC LinkedIn Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Aspenleaf Energy vice-president of wells Ron Weber at a clean-up site near Edmonton. Photo for the Canadian Energy Centre In Alberta’s oil patch, some companies are going beyond their obligations … Read more

Mark Carney Shrugs Off Debt Problem With More Borrowing – Terrazzano

November 11, 2025November 11, 2025 by EnergyNow Media

Prime minister’s first budget shows Ottawa will borrow about $80 billion this year. By Franco Terrazzano Original: torontosun.com/opinion/columnists/mark-carney-shrugs-off-debt-problem-more-borrowing Ottawa, we’ve got some problems. The first problem is that government debt is spiralling out of control because government spending is spiralling out of control. The second problem is that no one within government is taking the … Read more

Discount on Western Canada Select Widens

November 11, 2025November 11, 2025 by EnergyNow Media

(Reuters) – The discount on Western Canada Select to North American benchmark West Texas Intermediate futures widened on Monday. WCS for December delivery in Hardisty, Alberta, settled at $11.70 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared to Friday’s close of $11.65. The differential has been trading in a tight band, … Read more

Finance Minister Says Critical Minerals Refining is the ‘Name of the Game’

November 12, 2025November 11, 2025 by The Canadian Press

Finance Minister François-Philippe Champagne says his goal is to help make Canada the NATO partner of choice when it comes to supplying critical minerals.
He says refining is the “name of the game” and Canada can do better than just shipping those hi…

Remembrance Day 2025: Watch the Video “In Flanders Fields” by John McCrae – Recited by Leonard Cohen

November 12, 2025November 11, 2025 by EnergyNow Media

In fall 2015, Legion Magazine and Leonard Cohen released a video to commemorate the 100th anniversary of the poem “In Flanders Fields” by Lieutenant-Colonel John McCrae. In a poignant tribute to McCrae, Canadian songwriter, painter and poet Leonard Cohen has recited that stirring poem for this exclusive video. His voice is accompanied by stirring … Read more

MEG Energy Delivers Record Q3 Production and Strong Third Quarter 2025 Financial Results

November 10, 2025 by EnergyNow Media

CALGARY, AB, Nov. 10, 2025 /CNW/ – MEG Energy Corp. (TSX:MEG) (“MEG” or the “Corporation”) reported its third quarter 2025 operational and financial results.1 “Our strong third quarter results are a testament to MEG’s journey as a top-tier oil sands producer, built on the dedication, expertise, and innovation of our people,” said Darlene Gates, President and Chief Executive Officer. “I am … Read more

US Natgas Hits Eight-Month Peak on Cold Weather, Robust LNG Export Flows

November 10, 2025 by EnergyNow Media

(Reuters) – U.S. natural gas futures scaled an eight-month peak on Monday, buoyed by robust flows to liquefied natural gas (LNG) export plants and cold weather. Front-month gas futures for December delivery on the New York Mercantile Exchange rose 0.5%, to settle at $4.338 per million British thermal units (mmBtu). The contract had climbed to … Read more

Chevron Investor Day Puts Spotlight on Post-Hess Strategy

November 10, 2025 by EnergyNow Media

Summary Chevron to provide guidance through end of this decade Oil firm has opportunities for growth after Hess Investors eye updates on Kazakhstan talks and new power ventures Reuters) – When Chevron executives and top shareholders convene in New York City on Wednesday for the oil producer’s investor day, portfolio managers will be eager to hear … Read more

Oil Steady After US Shutdown Talks Advance, Oversupply Concerns Persist

November 10, 2025 by EnergyNow Media

Summary US Senate advances bill to end federal shutdown Flight delays, cancellations in the US accelerate Oversupply concerns persist as crude inventories rise LONDON, Nov 10 (Reuters) – Oil prices were steady on Monday as investors assessed a potential end to the U.S. government shutdown and concerns around oversupply in the crude market. Brent crude … Read more

Robot Safety in Industrial Environments: Why Certification Matters in Canada

November 10, 2025 by EnergyNow Media

Across Canada — from Alberta’s oil sands to Ontario’s chemical plants and Saskatchewan’s mining operations — robotics are redefining how industries operate. As automation integrates more deeply into hazardous workplaces, one question stands out: are your robots certified for safe operation in Canadian environments? The Critical Role of Certification Unlike older, fixed robotic systems, today’s … Read more

Vanguard WirelessHART Gas Detector Achieves IEC/EN 60079-29-1 Performance Certification—An Industry First for Wireless Fixed Point Gas Detectors

November 10, 2025 by EnergyNow Media

UE has announced that its Vanguard WirelessHART® Gas Detector has received TÜV certification to IEC/EN 60079-29-1 (performance requirements for detectors of flammable gases). According to UE, this is an industry first for a wireless fixed point gas detector—expanding Vanguard’s role from leak monitoring to life safety applications. Already known as the first and only WirelessHART-registered … Read more

Vancouver Fraser Port Authority Says Plans to Dredge Burrard Inlet Remain Uncosted

November 10, 2025November 10, 2025 by The Canadian Press

oil tankers maneuver in burrard inlet. vancouver, british columbia, canada 1200x810

A spokesperson for the Vancouver Fraser Port Authority says plans to dredge Burrard Inlet remain in the preliminary stage with no costs currently attached to them.
But the authority, which is leading the dredging, also says that the work could start …

Exxon Mobil CEO Says Hydrocarbons Will Remain Critical for Long Time

November 10, 2025November 10, 2025 by EnergyNow Media

(Reuters) – Hydrocarbons will continue to play a critical role for a long time to come, the CEO of U.S. energy company Exxon Mobil said on Friday, adding that the question would be whether they continue to be burned as fuel. “Crude oil and hydrocarbons are going to play a critical role in everybody’s life … Read more

U.S. Shale Operators Defy $60 Oil to Keep Increasing Production

November 10, 2025November 10, 2025 by EnergyNow Media

pumpjack and drill rig over an oil well in the permian basin near midland, texas 1200x810

By David Wethe and Kevin Crowley A pumpjack and drill rig over an oil well in the Permian Basin near Midland, Texas. Photographer: Daniel Acker/Bloomberg US shale companies are forging ahead with their production plans, adapting to $60 oil prices while grinding out small increases and setting up the industry to add to next year’s … Read more

COMMENTARY: Canada Cannot Become an Energy Superpower With its Regulatory Impediments – Yogi Schulz

November 10, 2025November 10, 2025 by EnergyNow Media

By Yogi Schulz Prime Minister Carney wants Canada to become an energy superpower. It’s a worthy goal because Canada has rich, undeveloped energy resources. Many Canadians happily endorse his goal because it achieves these benefits: Economic growth and prosperity for Canadians. Reduce the adverse consequences of American tariffs. Additional tax revenue that reduces the … Read more

TC Energy Sees Robust Demand Ahead as Utility Customers Keep Scaling Up Projects

November 10, 2025November 10, 2025 by The Canadian Press

TC Energy Corp. sees rising energy demand and profit growth in the years ahead as data centres and gas exports rise, but says the higher demand is also making projects more complex.
The company says in its latest financial outlook that it sees earning…

Trump’s Oil Price Sweet Spot is ‘No Man’s Land’ for Everyone Else

November 10, 2025November 10, 2025 by EnergyNow Media

trump pointing finger 1200x810 nov 12 2024

Summary Oil prices have held in a $60 to $70 range for months Trump triggered Russia sanctions when prices were at lower end But this range could extend an oversupply for longer (Reuters) – Oil prices have oscillated in a relatively narrow range of $60 to $70 a barrel in recent months, reflecting both warnings … Read more

Carney Tells Business Crowd a New Pipeline Project is ‘Going to Happen’

November 10, 2025November 10, 2025 by The Canadian Press

Prime Minister Mark Carney came close to telling a Bay Street audience Friday that he will secure a new pipeline for Alberta, offering his strongest endorsement of the idea yet.
During an armchair talk at the Canadian Club Toronto, Carney told the aud…

COP30 PRIMER: Here’s What to Know About the Annual UN Climate Talks and Canada’s Role

November 10, 2025November 10, 2025 by The Canadian Press

Canadian climate negotiators are headed to Brazil for the next two weeks as leaders gather for annual United Nations climate talks.
The talks come as Prime Minister Mark Carney, whose credentials as an international climate advocate helped win him su…

Petrus Resources Announces Third Quarter 2025 Financial & Operating Results

November 9, 2025 by EnergyNow Media

CALGARY, Alberta, Nov. 06, 2025 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to report financial and operating results as at and for the three and nine months ended September 30, 2025. Q3 2025 HIGHLIGHTS: Production up 7% – Production for the third quarter of 2025 averaged 9,817 boe/d(1), up 7% from … Read more

Cavvy Releases Q3 2025 Financial and Operating Results, Executes Forward Price Agreement for 2026 Sulphur Sales, and Increases 2025 Guidance

November 9, 2025 by EnergyNow Media

Record Third Party Processing, Robust Hedging Gains Drive Strong Cash Flow and Net Debt Reduction Not For Distribution to United States News Wire Services or Dissemination in United States CALGARY, Alberta, Nov. 06, 2025 (GLOBE NEWSWIRE) — Cavvy Energy Ltd. (“Cavvy” or the “Company”) (TSX:CVY) is pleased to announce the release of its third quarter 2025 financial … Read more

Discount on Western Canada Select Widens

November 7, 2025 by EnergyNow Media

(Reuters) – The discount on Western Canada Select to North American benchmark West Texas Intermediate futures widened on Friday. WCS for December delivery in Hardisty, Alberta, settled at $11.65 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared to Thursday’s close of $11.45. The differential is higher than last month but remains … Read more

Crude Off Session Highs; Canceled US Flights Rein in Jet Fuel

November 7, 2025 by EnergyNow Media

By Erwin Seba US crude stocks rose more than expected last week Private reports suggest US labor market weakened in October Gunvor withdraws proposal to buy Lukoil’s overseas assets HOUSTON, Nov 7 (Reuters) – Crude prices fell off session highs as demand for jet fuel turned soft ahead of the holiday travel season because the … Read more

US Drillers Add Oil and Gas Rigs for Third Time in Four Weeks, Says Baker Hughes

November 7, 2025 by EnergyNow Media

By Scott Disavino Rig count still 6% below last year, despite recent increase Gas rigs reach highest level since August 2023 EIA projects rise in crude and gas output in 2025 NEW YORK, Nov 7 (Reuters) – U.S. energy firms this week added oil and natural gas rigs for the third time in four weeks, … Read more

AltaGas Announces Closing of $460 Million Equity Financing With Positive Credit Rating Updates

November 7, 2025 by EnergyNow Media

/NOT FOR DISSEMINATION IN THE U.S. OR THROUGH U.S. NEWSWIRE SERVICES/ Fitch and S&P Provide Positive Updates to Ratings Outlooks Following MVP Retention, Financing Plan and Advancement of Organic Growth Projects CALGARY, AB, Nov. 7, 2025 /CNW/ – AltaGas Ltd. (“AltaGas” or the “Company”) (TSX: ALA) announced that the Company has completed its previously announced bought deal offering of 11,615,000 common shares of … Read more

US Set to Produce Record Amounts of Natural Gas to Meet Surging Export Demand

November 7, 2025 by EnergyNow Media

(Reuters) – U.S. energy firms produced a record amount of natural gas during the third quarter as producers scrambled to keep up with soaring domestic and export demand for the fuel. Power-hungry data centers and a boom in liquefied natural gas (LNG) exports are driving up U.S. gas use, pushing producers to pull more gas … Read more

US Urges Europe to Stick to Oil and Gas, Not Renewables

November 7, 2025 by EnergyNow Media

(Reuters) – Global investments in renewable energy aren’t bearing fruit and the world should focus on securing reliable supplies of fossil fuels, U.S. energy and interior secretaries said this week as they worked on convincing Europe to buy more U.S. oil and gas. The U.S. has become Europe’s top oil and gas supplier on the … Read more

Asia Oil Floating Storage Surges as Sanctions, Tight China Quota Curb Demand

November 7, 2025 by EnergyNow Media

(Reuters) – The volume of oil stored onboard ships in Asian waters doubled in recent weeks after tightening western sanctions hit imports from China and India and as a shortage of import quota curbed demand from independent Chinese refiners, analysts said. The European Union, United Kingdom and the United States have imposed a raft of … Read more

Japan to Step Up LNG Purchases for Emergency Reserve From January, Industry Ministry Sources Say

November 7, 2025 by EnergyNow Media

lng tanker approaching japan cec 1200x810

(Reuters) – Japan, the world’s No.2 LNG importer, plans to buy liquefied natural gas for emergency reserves on a monthly basis from January, instead of buying only during peak demand periods, to guard against supply shocks, two industry ministry sources said. The reinforcement of the country’s Strategic Buffer LNG (SBL) program, run by the Ministry … Read more

What Happens at COP Climate Summits? Will This One Make a Difference?

November 7, 2025 by EnergyNow Media

By Olivia Rudgard and Laura Millan Leaders at COP30 family photo in Belem, Brazil, on Nov. 7. Photographer: Fernando Llano/AP Photos For three decades, the United Nations has been holding an annual summit on the climate known as COP, which stands for Conference of the Parties. Delegates travel to a chosen city from around the … Read more

UAE’s Oil Trading Arm Plans Rapid Global Expansion, Bloomberg Reports

November 7, 2025 by EnergyNow Media

Nov 7 (Reuters) – Abu Dhabi state oil firm ADNOC’s trading unit plans to increase the volume it handles by two-thirds over the next few years as part of its international expansion, Bloomberg News reported on Friday, citing its CEO. ADNOC has been stepping up its global expansion in recent years to find new revenue … Read more

Lukoil Operations Face Fallout From Trump Sanctions, Gunvor Drops Bid

November 7, 2025 by EnergyNow Media

By Vladimir Soldatkin and Anna Hirtenstein Gunvor withdrew its bid for Lukoil’s foreign assets on Thursday Moldova requests exemption from US sanctions Finland’s Teboil, owned by Lukoil, is running out of fuel MOSCOW/LONDON, Nov 7 (Reuters) – Lukoil’s international operations faced mounting disruptions on Friday as a U.S. deadline for companies to cut off business … Read more

FEATURE: The Haisla Nation’s LNG Journey

November 7, 2025November 7, 2025 by EnergyNow Media

crystal smith haisla nation lng 1200x180

It was a long road ‘from managing hardship to building opportunity’. By Geoff Russ By Resource Works More News and Views From Resource Works Here Crystal Smith says the turning point for her community was simple, and profound. “It is that decision of wanting better.” In a conversation with host Stewart Muir for the Power Struggle … Read more

Oil Heads for Second Weekly Loss on Lingering Oversupply Concerns

November 7, 2025 by EnergyNow Media

Summary U.S. crude stocks rose more than expected last week Private reports suggest U.S. labour market weakened in October Gunvor withdraws proposal to buy Lukoil’s overseas assets (Reuters) – Oil prices rose on Friday but remained on track for a second consecutive weekly loss after three days of declines on worries about excess supply and … Read more

COMMENTARY: Carney Poised to Repeat Trudeau’s Biggest Mistakes – Fraser Institute

November 7, 2025November 7, 2025 by EnergyNow Media

By Jake Fuss and Grady Munro On Tuesday, the Carney government tabled its first budget since taking office in the spring. Despite the new face at the helm, Carney’s budget unfortunately relies on the same failed economic strategy the Trudeau government pursued for a decade. For starters, Carney’s economic plan calls for more government involvement in the … Read more

Enbridge Reports Q3 Profit and Revenue Down From Year Ago

November 7, 2025November 7, 2025 by The Canadian Press

Enbridge Inc. reported its third-quarter profit fell compared with a year ago as its revenue also edged lower.
The pipeline company says it earned $682 million attributable to common shareholders or 30 cents per share for the quarter ended Sept. 30.
T…

ROK Resources Announces Filing and Mailing of the Management Information Circular in Connection with the Annual General and Special Meeting of Shareholders

November 7, 2025 by EnergyNow Media

NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES REGINA, SK / ACCESS Newswire / November 6, 2025 / ROK Resources Inc. (“ROK” or the “Company“) (TSXV:ROK)(OTCQB:ROKRF) announces that the management information circular (the “Circular“) and the proxy-related materials for its upcoming annual general and special meeting of shareholders (the “Meeting“) to be held … Read more

ARC Resources Ltd. Reports Third Quarter 2025 Results, Announces 2026 Budget and 11 Per Cent Dividend Increase

November 7, 2025 by EnergyNow Media

CALGARY, AB, Nov. 6, 2025 /CNW/ – (TSX: ARX) ARC Resources Ltd. (“ARC” or the “Company”) today reported its third quarter 2025 financial and operational results and announced its 2026 budget. CORPORATE HIGHLIGHTS Third Quarter Results ARC delivered third quarter 2025 average production of 359,236 boe(1) per day (54 per cent natural gas and 46 per cent crude oil and liquids(2)), … Read more

Pembina Pipeline Corporation Reports Results for the Third Quarter of 2025 and Provides Business Update

November 7, 2025 by EnergyNow Media

All financial figures are in Canadian dollars unless otherwise noted. This news release refers to certain financial measures and ratios that are not specified, defined or determined in accordance with Generally Accepted Accounting Principles (“GAAP”), including net revenue; adjusted earnings before interest, taxes, depreciation and amortization (“adjusted EBITDA”); adjusted cash flow from operating activities; and … Read more

Discount on Western Canada Select Widens

November 7, 2025 by EnergyNow Media

The discount on Western Canada Select to North American benchmark West Texas Intermediate futures widened on Thursday. WCS for December delivery in Hardisty, Alberta, settled at $11.45 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared to Tuesday’s close of $11.25. * The differential is higher than this time last month but … Read more

Cardinal Energy Ltd. Announces Third Quarter 2025 Operating and Financial Results

November 7, 2025 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – November 6, 2025) – Cardinal Energy Ltd. (TSX: CJ) (“Cardinal” or the “Company”) is pleased to announce its operating and financial results for the third quarter ended September 30, 2025. FINANCIAL AND OPERATING HIGHLIGHTS FROM THE THIRD QUARTER OF 2025 Third quarter 2025 production was 20,772 boe/d as we continued to focus our capital … Read more

Lotus Creek Exploration Inc. Announces Third Quarter 2025 Operating Results and Operational Update

November 7, 2025 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – November 6, 2025) – Lotus Creek Exploration Inc. (TSXV: LTC) (“Lotus Creek” or the “Company”) is pleased to provide the following third quarter operating results and operational update to shareholders. Lotus Creek’s Interim Consolidated Financial Statements and related Management’s Discussion and Analysis (“MD&A”) for the period ended September 30, 2025 are available … Read more

Ensign Energy Services Reports Q3 Loss, Revenue Down From Year Ago

November 7, 2025November 7, 2025 by The Canadian Press

Ensign Energy Services Inc. reported a loss in its latest quarter, compared with a profit a year ago, as its revenue fell five per cent.
The oilfield services company posted a $3.3-million loss attributable to common shareholders or two cents per dilu…

Ottawa’s Tax Credits to Reduce Emissions Aren’t Working as Intended, Watchdog Says

November 7, 2025November 7, 2025 by The Canadian Press

As Prime Minister Mark Carney’s government moves to spend billions more on tax credits to support carbon-capture and storage projects, Canada’s environment commissioner says the money already earmarked has not been spent effectively.
A new audit repor…

STUDY: Learning From Past Successes and Failures Can Mitigate Risks in Governments’ $20 Billion Indigenous Loan Guarantees in Megaprojects, Better Ensuring Success

November 7, 2025November 7, 2025 by EnergyNow Media

risk and reward indigenous loan guarantees for resource mega projects 1200x810

By Tom Flanagan Risk and Reward: Indigenous Loan Guarantees for Resource Megaprojects Canada is committed to building a new generation of resource megaprojects, including pipelines, ports, power generators, and mines. An Indigenous ownership share in megaprojects is widely thought to be both fair for Indigenous Peoples and useful for overcoming political opposition. Government loan guarantees … Read more

COMMENTARY: When Governments Pick Winners and Losers, Most of Us Lose – Fraser Institute

November 7, 2025 by EnergyNow Media

By Jake Fuss and Tegan Hill In recent weeks, both General Motors and automaker Stellantis announced they will shutdown production for certain vehicles at plants in Ontario and layoff workers despite billions in corporate welfare from the provincial and federal governments, proving yet again that corporate welfare, which comes at a significant cost to taxpayers, does not work. In … Read more

HSBC Says Oil, Gas Deals to Drop ‘Materially’ in Energy Mix

November 7, 2025November 7, 2025 by EnergyNow Media

By Alastair Marsh Offshore oil and gas platforms. Photographer: Tim Rue/Bloomberg HSBC Holdings Plc is expecting oil and gas deals to make up a smaller part of its energy portfolio, as renewables look to be the preferred way to feed data centers powering artificial intelligence. Finance for fossil fuels will likely rise in absolute terms, … Read more

Pembina Pipeline Posts Drop in Profit, Has Gas Pipeline Expansions in the Works

November 7, 2025November 6, 2025 by The Canadian Press

Pembina Pipeline Corp. posted a profit of $286 million during the third quarter, a drop from the $385 million it earned during the same period a year earlier.
The profit amounted to 43 cents per share versus 60 cents per share during the third quarte…

Correction to November 5, 2025 Press Release

November 6, 2025 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – November 6, 2025) – Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) (“Journey” or the “Company“). Journey announces corrections to certain information disclosed in its November 5, 2025 press release as follows: In the Highlights section on page one of the previous press release, the reference to the in-service date for the Gilby power … Read more

MEG Announces Shareholder Approval for Cenovus Transaction

November 6, 2025 by EnergyNow Media

86% of the MEG Shares represented at the Meeting were voted in favour of the Cenovus Transaction Cenovus Transaction anticipated to close in mid-November CALGARY, AB, Nov. 6, 2025 /CNW/ – MEG Energy Corp. (TSX: MEG) (“MEG”, or the “Company”) is pleased to announce that today at its special meeting (the “Meeting”) of holders (“MEG Shareholders”) of common shares of MEG (“MEG … Read more

NewsAlert: DONE DEAL! MEG-Cenovus Deal Clears Key Shareholder Vote After Delays

November 6, 2025 by EnergyNow Media

CALGARY – MEG Energy Corp. shareholders have given their blessing to an $8.6-billion takeover by fellow oilsands producer Cenovus Energy Inc. Chairman James McFarland says 86 per cent of shareholders voted in favour of the deal, well above the two-thirds majority required for it to pass. The special meeting to vote on the bid was postponed three times … Read more

VOTE HAPPENS TODAY, NOVEMBER 6 – Events in the Battle to Buy Canada’s MEG Energy

November 6, 2025 by EnergyNow Media

A vote scheduled for Thursday by shareholders of MEG Energy could bring the drawn-out battle to acquire the Canadian oil sands producer to an end. The following is a timeline of events this year. May 15 – Canadian oil and gas producer Strathcona Resources says it will initiate a hostile takeover bid for MEG in a deal that … Read more

Oil Edges Up as Glut Fears Ease Despite Weak Demand

November 6, 2025 by EnergyNow Media

(Reuters) – Oil prices regained a little ground on Thursday, buoyed by easing concerns over a potential supply glut as sanctions on Russian companies begin to bite. Having closed the previous session at two-week lows, Brent crude futures gained 35 cents, or 0.6%, to $63.87 a barrel by 1120 GMT while U.S. West Texas Intermediate … Read more

Canadian Natural Resources Limited Announces 2025 Third Quarter Results

November 6, 2025 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – November 6, 2025) – Canadian Natural’s (TSX: CNQ) (NYSE: CNQ) President, Scott Stauth, commented on the Company’s third quarter results, “Operations were strong in Q3/25 as we achieved record quarterly production volumes totaling approximately 1,620 MBOE/d, including records for both liquids and natural gas at 1,176 Mbbl/d and 2,668 MMcf/d respectively. … Read more

B.C. Premier Eby, Coastal First Nations Call on Ottawa to Maintain Oil Tanker Ban

November 7, 2025November 6, 2025 by The Canadian Press

British Columbia Premier David Eby and coastal First Nations have signed a declaration calling on the federal government to maintain an oil tanker ban off the province’s north coast.
Eby says one oil spill in the area would destroy billions of dollars…

New Online Tool Maps Alberta’s Carbon Capture Progress

November 6, 2025 by EnergyNow Media

ccus insight accelerator existing, under construction and proposed carbon capture, utilization and storage projects across canada 1200x810 cec

Information hub preserves decades of expertise for the next generation of innovators Follow CEC on LinkedIn CEC LinkedIn Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter The CCUS Insight Accelerator features and interactive map of existing, under construction and proposed carbon capture, utilization and storage projects across Canada. A new online tool is mapping Canada’s carbon … Read more

COMMENTARY: Carney Budget Doubles Down on Trudeau-Era Policies – Fraser Institute

November 6, 2025 by EnergyNow Media

By Kenneth P. Green and Elmira Aliakbari The Carney government yesterday tabled its first budget, which includes major new spending initiatives to promote a so-called “green economy,” and maintains greenhouse gas (GHG)-emission extinction as a central operating principle of Canadian governance. The budget leaves untouched most of the legislative dampers on Canada’s fossil fuel sector … Read more

COMMENTARY: Going Underground: A Tour of Global Geothermal Projects in Progress

November 6, 2025November 6, 2025 by EnergyNow Media

By Gavin Maguire LITTLETON, Colorado, Nov 4 (Reuters) – Breakthroughs in drilling methods and heat extraction techniques are widening the appeal of geothermal power systems across the world, and geothermal generation capacity is on track to double once projects currently in development are completed. Currently, only around 2% of global energy generation comes from geothermal … Read more

Tourmaline Delivers Strong Liquids Growth in the Third Quarter, Declares Special Dividend, Updates Cost Saving Initiatives, Announces New Gas Storage Access in Alberta and LNG Contracts

November 6, 2025November 6, 2025 by EnergyNow Media

CALGARY, AB, Nov. 5, 2025 /CNW/ – Tourmaline Oil Corp. (TSX: TOU) (“Tourmaline” or the “Company“) is pleased to release financial and operating results for the third quarter of 2025 and declare a special dividend. HIGHLIGHTS Q3 2025 average production was 634,746 boepd, at the high end of the anticipated guidance range of 625,000 – 635,000 boepd despite storage … Read more

LNG Canada Begins Production at Second Unit

November 7, 2025November 6, 2025 by EnergyNow Media

(Reuters) – LNG Canada has started production of liquefied natural gas at the second of its two processing units, known as Train 2, the company said. Both trains at the Shell-led project in Kitimat, British Columbia – each with a capacity of 6.5 million metric tons per annum – are now operational, a spokesperson told … Read more

Canadian Natural Reports $600M Q3 Profit, Sees Record Quarterly Production

November 6, 2025November 6, 2025 by The Canadian Press

Canadian Natural Resources Ltd. reported a third-quarter profit of $600 million as it saw record production.
The company says production in the quarter was 1,620,261 barrels of oil equivalent per day, up from 1,363,086 in the same quarter last year.
C…

TENAZ ENERGY CORP. ANNOUNCES Q3 2025 RESULTS

November 5, 2025 by EnergyNow Media

CALGARY, ALBERTA–(Newsfile Corp. – November 5, 2025) – Tenaz Energy Corp. (“Tenaz”, “We”, “Our”, “Us” or the “Company”) (TSX: TNZ) is pleased to announce financial and operating results for the three and nine months ended September 30, 2025. The unaudited interim condensed consolidated financial statements and related management’s discussion and analysis (“MD&A”) are available on SEDAR+ at www.sedarplus.ca and … Read more

Discount on Western Canada Select Widens

November 5, 2025 by EnergyNow Media

The discount on Western Canada Select to North American benchmark West Texas Intermediate futures widened on Wednesday. WCS for December delivery in Hardisty, Alberta, settled at $11.25 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared to Tuesday’s close of $11.05. * The differential is slightly higher than this time last month … Read more

Journey Announces Third Quarter 2025 Financial and Operating Results November 5, 20255:07 PM Newsfile

November 5, 2025 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – November 5, 2025) – Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) (“Journey” or the “Company“) is pleased to announce its financial and operating results for the three and nine month periods ending September 30, 2025. The complete set of financial statements and management discussion and analysis are posted on www.sedar.com and on the Company’s website www.journeyenergy.ca. … Read more

Strathcona Resources Ltd. Reports Third Quarter 2025 Financial and Operating Results, Provides Special Distribution Update and Announces Quarterly Dividend

November 5, 2025 by EnergyNow Media

strathcona resources 1200x810 may 15 2025

CALGARY, AB, Nov. 5, 2025 /CNW/ – Strathcona Resources Ltd. (“Strathcona” or the “Company”) (TSX: SCR) today reported its third quarter 2025 financial and operating results and provided an update on the previously announced special distribution. The Board of Directors also declared a quarterly dividend of $0.30 per common share. Q3 2025 Highlights Production of 116,201 boe/d (99.6% liquids)(1)(2) Operating Earnings … Read more

Kiwetinohk reports third quarter 2025 results and provides updated annual guidance

November 5, 2025 by EnergyNow Media

CALGARY, AB, Nov. 5, 2025 /CNW/ – Kiwetinohk Energy Corp. (“Kiwetinohk” or, the “Company”) (TSX: KEC) today reported its third quarter 2025 results and updated annual guidance. As companion documents to this news release, please review Kiwetinohk’s management discussion and analysis (MD&A) and condensed consolidated interim financial statements for the third quarter of 2025 (available on kiwetinohk.com or www.sedarplus.ca) … Read more

Surge Energy Inc. Announces Third Quarter Financial & Operating Results; Operations Update; 2026 Capital And Operating Budget; Appointment To The Board Of Directors

November 5, 2025 by EnergyNow Media

CALGARY, AB, Nov. 5, 2025 /CNW/ – Surge Energy Inc. (“Surge” or the “Company”) (TSX: SGY) is pleased to announce financial and operating results for the quarter ended September 30, 2025, as well as an update on the Company’s latest operational achievements. Additionally, the Company has released its 2026 capital and operating budget as approved by Surge’s Board of Directors (the “Board”). Furthermore, Surge is pleased to announce the appointment of Mr. Myles Bosman to the Board of Directors, effective November 5, … Read more

Pine Cliff Energy Ltd. Announces Third Quarter 2025 Results and Declares Monthly Dividend for November 28, 2025

November 5, 2025 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – November 5, 2025) – Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) (“Pine Cliff” or the “Company“) announces its third quarter 2025 financial and operating results and guidance update. Third Quarter 2025 Results Generated $5.7 million ($0.02 per basic and fully diluted share) and $22.1 million ($0.06 per basic and fully diluted share) of … Read more

Rubellite Energy Corp. Reports Third Quarter 2025 Financial and Operating Results With Enhanced 2025 Guidance

November 5, 2025 by EnergyNow Media

CALGARY, AB, Nov. 5, 2025 /CNW/ – (TSX: RBY) – Rubellite Energy Corp. (“Rubellite” or the “Company”), is pleased to report its third quarter 2025 financial and operating results and provide an operations and guidance update. Select financial and operational information is outlined below and should be read in conjunction with Rubellite’s unaudited condensed interim consolidated financial statements and related … Read more

Saturn Oil & Gas Inc. Announces Third Quarter 2025 Results, Highlighted by Production Ahead of Guidance and Continued Execution of Our Blueprint Strategy

November 5, 2025 by EnergyNow Media

Q3/25 production of 41,142 boe/d exceeded previous guidance, the previous quarter and the same period in 2024 Adjusted funds flow(1) totaled $103 million ($0.54/share(1)) in Q3/25 with free funds flow(1) of $16 million Executed an $87 million capital program in the quarter, with a capital shift to core-up acquisition opportunities that offer better economics relative to drilling … Read more

Vermilion Energy Inc. Reports Strong Q3 2025 Results, Lowers 2025 Cost Guidance, Releases 2026 Budget and Announces Planned 4% Dividend Increase

November 5, 2025 by EnergyNow Media

CALGARY, AB, Nov. 5, 2025 /PRNewswire/ – Vermilion Energy Inc. (“Vermilion”, “We”, “Our”, “Us” or the “Company”) (TSX: VET) (NYSE: VET) is pleased to report operating and condensed financial results for the three and nine months ended September 30, 2025. The unaudited interim financial statements and management discussion and analysis for the three and nine months … Read more

STEP Energy Services Ltd. Reports Third Quarter 2025 Results

November 5, 2025 by EnergyNow Media

$step energy services fracking 1200x810$

CALGARY, Alberta–(BUSINESS WIRE)–STEP Energy Services Ltd. (the “Company” or “STEP”) (TSX: STEP) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2025. The following Press Release should be read in conjunction with the management’s discussion and analysis (“MD&A”) and the unaudited condensed consolidated financial statements and … Read more

Oil Producers Need to Step Up Drilling to Sustain Output, EIA Says

November 5, 2025 by EnergyNow Media

HOUSTON, Nov 5 (Reuters) – Oil and gas producers will need to step up drilling to sustain or increase output due to rapid declines in production from existing wells, the U.S. Energy Information Administration said on Tuesday. WHY IT MATTERS The U.S. is the world’s largest producer, with oil production touching a record 13.8 million … Read more

US Crude Production Hits Record High for Second Week in a Row, EIA Says

November 5, 2025 by EnergyNow Media

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(Reuters) – U.S. field production of crude oil rose to a record high for a second week in a row last week, the U.S. Energy Information Administration (EIA) said in its weekly Petroleum Status Report on Wednesday. EIA said output reached 13.651 million barrels per day (bpd) during the week ended October 31, topping the … Read more

Petronas Signs Long-Term deal for Liquefaction Capacity with Cedar LNG

November 5, 2025November 5, 2025 by The Canadian Press

Pembina Pipeline Corp. says Malaysia’s Petronas has signed a 20-year deal for one million tonnes per year of liquefaction capacity at the Cedar LNG project.
The deal gives Petronas, one of the largest natural gas producers in Canada, access to the pla…

Suncor Shares Jump After Oil Giant Ups Production Forecasts, Delivers Earnings Beat

November 5, 2025November 5, 2025 by The Canadian Press

Shares in Suncor Energy Inc. rose almost six per cent after the oil giant increased its production and refinery throughput forecasts for the year and delivered better-than-expected third-quarter results.
The stock was up $3.29 to $58.94 in midday tra…

UAE Oil Giant Leans on US Expertise for ‘Promising’ Shale Pivot

November 5, 2025 by EnergyNow Media

By Anthony Di Paola and Joumanna Bercetche The United Arab Emirates, long one of OPEC’s key oil producers, is pivoting to US-tested fracking techniques to tap its “very promising” unconventional gas resources, with the intention of ramping up output amid forecasts for surging demand. Abu Dhabi National Oil Co. is tapping new sources of natural … Read more

Oil Steady Amid Weak Economic Data, Equity Markets

November 5, 2025 by EnergyNow Media

Summary Weaker data in the US, China fuel demand concerns Russia suspends fuel exports at Black Sea refinery US dollar index holds at three-month high (Reuters) – Oil prices were steady on Wednesday as investors digested weaker economic data from top oil importers while U.S. inventory data provided some support. Brent crude futures were down … Read more

Albertans Should Brace for More Bad News in Fiscal Update as Part of Alberta’s Resource Revenue Rollercoaster

November 5, 2025 by EnergyNow Media

By: Tegan Hill The Smith government will soon release its fiscal update, which reveals the state of government finances, and Finance Minister Nate Horner recently warned that the deficit—currently projected at $6.5 billion this fiscal year—may be higher than previous forecasts if today’s low oil prices persist. And this is just the latest bit of bad fiscal … Read more

Pulling Back the Curtain on the Carney Government’s First Budget

November 5, 2025 by EnergyNow Media

By: Jake Fuss and Grady Munro In the 1939 film the Wizard of Oz, Dorothy and her companions travel to the Emerald City to meet the famous Wizard of Oz who will solve all their problems. When first entering the Wizard’s chambers, the group sees a giant ghostly head that meets their expectations of the “Great … Read more

COMMENTARY: Bill Gates Helps Break the Moral Monopoly Against Fossil Fuels – Alex Epstein

November 5, 2025November 5, 2025 by EnergyNow Media

Bill Gates’s humanist challenge to the anti-fossil-fuel climate establishment was only possible because the “moral monopoly” against fossil fuels has been breaking. Now it will break even faster. Early last week, Bill Gates released a viral memo about rising GHG levels, “Three tough truths about climate,” purporting to be a “new way to look at the problem,” … Read more

Nova Scotia Premier Visits Calgary to Court Oil and Gas Investment

November 5, 2025November 5, 2025 by EnergyNow Media

Last month Houston also led a trade mission to the United Kingdom and Italy to promote Nova Scotia’s energy sector By Andrew Rankin Original: financialpost.com/commodities/energy/nova-scotia-premier-visits-calgary-energy-investment Nova Scotia Premier Tim Houston, who appointed himself energy minister in a cabinet shuffle last month, is looking to signal that his province is “open for business” when it comes … Read more

Budget Signals Tone Shift on Oil and Gas, But Key Policy Changes Still Unclear

November 6, 2025November 5, 2025 by The Canadian Press

A major projects expert says the federal budget is more of a tone shift on the oil and gas sector than firm changes in policy.
Zach Parston, KPMG in Canada’s leader in national infrastructure, capital projects, and sustainability, says the budget ackn…

TotalEnergies Sees Oil Demand Rising Until 2040 as Energy Security Outweighs Climate Concerns

November 5, 2025November 5, 2025 by EnergyNow Media

*CEO says Paris Agreement climate goals out of reach*Oil demand expected at 98 million barrels per day in 2050 *Demand forecast has risen versus last year’s report *CEO cites concern over energy security, prices By America Hernandez PARIS, Nov 4 – French oil major TotalEnergies sees global oil demand rising through 2040 before gradually dropping off, as … Read more

Discount on Western Canada Select Narrows

November 4, 2025 by EnergyNow Media

The discount on Western Canada Select to North American benchmark West Texas Intermediate futures narrowed on Tuesday. WCS for December delivery in Hardisty, Alberta, settled at $11.05 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared to Monday’s close of $11.10. * “The bidding war for Canadian crude remains very strong and … Read more

Spartan Delta Corp. Announces Third Quarter 2025 Results and Operations Update

November 4, 2025 by EnergyNow Media

CALGARY, AB, Nov. 4, 2025 /CNW/ – Spartan Delta Corp. (“Spartan” or the “Company“) (TSX: SDE) is pleased to report its unaudited financial results for the three and nine months ended September 30, 2025 and recent operational results. Selected financial and operational information is set out below and should be read in conjunction with Spartan’s unaudited interim financial statements and related … Read more

NuVista Energy Enters Into Agreement to be Acquired by Ovintiv

November 4, 2025 by EnergyNow Media

$18.00 per NuVista Share Purchase Price, payable 50% in cash and 50% in Ovintiv Shares, represents a 21% premium to NuVista’s unaffected 20 day volume-weighted NuVista Share price as of September 19, 2025 (1), and above any closing price in the last 15 years Cash and highly liquid share consideration provides NuVista Shareholders with near-term value certainty, while maintaining upside … Read more

Ovintiv Reports Third Quarter 2025 Financial and Operating Results

November 4, 2025 by EnergyNow Media

Full Year Production Guidance Increased, Capital Investment Unchanged Highlights: Generated cash from operating activities of $812 million, Non-GAAP Cash Flow of $895 million and Non-GAAP Free Cash Flow of $351 million after capital expenditures of $544 million Third quarter production was at or above the high end of the guidance range on every product with average total production volumes of 630 … Read more

MEG Energy Announces Third Quarter of 2025 Results

November 4, 2025 by EnergyNow Media

CALGARY, AB, Nov. 4, 2025 /CNW/ – Results Release: Monday, November 10, 2025 after market close The Company’s financial statements will be available on MEG’s website at www.megenergy.com. About MEG MEG is the leading pure-play in situ thermal oil producer in Canada. Our purpose is to meet the growing demand for energy, produced safely and reliably, while generating long-term value … Read more

Suncor Energy Reports Third Quarter 2025 Results

November 4, 2025 by EnergyNow Media

Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and derived from the company’s condensed consolidated financial statements which are based on Canadian generally accepted accounting principles (GAAP), specifically International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB), and are prepared in accordance with International Accounting … Read more

Ovintiv Completes Portfolio Transformation with Agreement to Acquire NuVista Energy Ltd. and Planned Divestiture of Anadarko Assets

November 4, 2025November 4, 2025 by EnergyNow Media

Transaction Adds Scale and High-Quality Oil Inventory to Ovintiv’s Premier Montney Position Highlights: Agreement reached to acquire NuVista Energy Ltd. at an average price of approximately C$17.80 per share, or total consideration of approximately $2.7 billion (C$3.8 billion) Acquisition is expected to add approximately 140,000 net acres and approximately 100 thousand barrels of oil equivalent per day (“MBOE/d”) in the core of … Read more

Suncor Reports Decline in Third-Quarter Profits, Record Production

November 4, 2025November 4, 2025 by The Canadian Press

Oilsands giant Suncor Energy Inc. has reported a decline in third-quarter profits amid weak oil prices, while production and refinery throughput hit new records.
Net earnings were $1.62 billion during the three months ended Sept. 30, down from $2.02 …

Budget 2025 Continues to Balloon Spending and Debt – Canadian Taxpayers Federation

November 5, 2025November 4, 2025 by EnergyNow Media

Budget 2025 continues to balloon spending and debt OTTAWA, ON: The Canadian Taxpayers Federation is criticizing Prime Minister Mark Carney for ballooning spending and debt in Budget 2025. “Budget 2025 shows the debt continues to spiral out of control because spending continues to spiral out of control,” said Franco Terrazzano, CTF Federal Director. “Carney needs to … Read more

OPEC Oil Output Rises by 30,000 bpd in October, Survey Finds

November 4, 2025 by EnergyNow Media

By Alex Lawler LONDON, Nov 4 (Reuters) – OPEC’s oil output rose further in October after an OPEC+ agreement to raise production, a Reuters survey found on Tuesday, though the scale of the increase slowed sharply from September and the summer months. The Organization of the Petroleum Exporting Countries pumped 28.43 million barrels per day … Read more

COMMENTARY: Asia LNG Imports Slip on Weak China, But Europe Gain Compensates

November 4, 2025 by EnergyNow Media

By Clyde Russell LAUNCESTON, Australia, Nov 4 (Reuters) – Asia’s imports of liquefied natural gas (LNG) fell in October from the same month a year earlier, as top buyer China extended a run of weakness that has stretched for a year. In contrast to the soft demand in the world’s top-importing region, demand for the … Read more

COMMENTARY: Carney Government’s ‘Generational Investment’ Will Land Squarely on Backs of Younger Canadians

November 4, 2025November 4, 2025 by EnergyNow Media

By Jake Fuss and Grady Munro Despite promising a “very different approach” to fiscal policy during the election, the cracks are beginning to show as the Carney government released its first budget. In a recent interview, Finance Minister François-Philippe Champagne said “Canada should be prepared for a generational investment.” This is the latest attempt by the government to … Read more

Feds Unveil New Climate Strategy with No Details on Canada’s Emission Commitments

November 5, 2025November 4, 2025 by EnergyNow Media

parliament of canada oct 28 2021 1200x810

OTTAWA – The federal government’s climate competitiveness strategy promises a stronger industrial carbon pricing system and the prospect of ending the emissions cap on oil and gas production to drive more investments in clean growth. But the strategy, outlined in the federal budget on Tuesday, was short on details — and offered no update on … Read more

Parex Resources Announces Third Quarter Results, Strong October 2025 Production, and Declaration of Q4 2025 Dividend

November 4, 2025 by EnergyNow Media

CALGARY, Alberta, Nov. 04, 2025 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce its financial and operating results for the three-month period ended September 30, 2025, the declaration of its Q4 2025 regular dividend of C$0.385 per share, as well as an operational update. All amounts herein are … Read more

Kelt Provides Update on Start-Up of Third-Party Gas Plant at Wembley

November 4, 2025 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – November 4, 2025) – Kelt Exploration Ltd. (TSX: KEL) (“Kelt” or the “Company”) is providing an update on the start-up for the newly constructed Albright Gas Plant (“Albright”) near the Company’s lands at Wembley/Pipestone, Alberta. Albright is owned and operated by a third-party mid-stream company, CSV Midstream Solutions Corp. (“CSV”). CSV is an Alberta based … Read more

Paramount Resources Announces Third Quarter 2025 Results, Sanctioning of Sinclair Montney Development, 2026 Budget and Production Outlook

November 4, 2025 by EnergyNow Media

CALGARY, AB, Nov. 4, 2025 /CNW/ – Paramount Resources Ltd. (“Paramount” or the “Company”) (TSX: POU) is pleased to announce its third quarter 2025 financial and operating results, the sanctioning of its Montney gas development at Sinclair and its 2026 capital expenditure budget and guidance. The Company is increasing its 2025 annual midpoint production guidance and also providing an outlook of planned production … Read more

Oil Slips on Oversupply Concerns, Stronger Dollar

November 4, 2025 by EnergyNow Media

(Reuters) – Oil prices fell over 1% on Tuesday as OPEC+’s decision to pause output hikes in the first quarter next year along with weak manufacturing data and a stronger dollar weighed on the market. Brent crude futures fell 90 cents, or 1.4%, to $63.99 a barrel by 1056 GMT. U.S. West Texas Intermediate crude … Read more

STEP Energy Services Ltd. Announces Commencement of Sending and Filing of Circular for Special Meeting of Shareholders to Approve Arrangement

November 4, 2025 by EnergyNow Media

$step energy services fracking 1200x810$

Shareholders will receive $5.50 per share in cash, a substantial 29.11% premium to the trading price of shares on September 24, 2025, being the last trading day prior to the announcement of the non-binding offer from ARC Shareholders are encouraged to vote well in advance of the proxy deadline of December 11, 2025 at 10:00 … Read more

COMPASS BENDING: Uncommon Pipe Sizes? We Can Help – See How Here

November 4, 2025 by EnergyNow Media

At Compass Bending, we’re known across Canada’s Oil & Gas industry for precision bending, and unmatched craftsmanship, but did you know we can handle the uncommon too? Yes, we bend all the standard pipe diameters, – 2”, 3”, 4”, 6”, 8” 10”, 12” and 16”– but because we design and manufacture our own tools and … Read more

The New “Canada Connects” Pipeline (CCX): Built for Today. Strong for Tomorrow – Cody Battershill

November 4, 2025 by EnergyNow Media

By Cody Battershill When we think about bold nation-building projects that can help secure Canada’s economic future, a new pipeline that would export Canadian-made oil to energy-hungry markets abroad is a great place to start. Right now, many countries worldwide are seeking reliable energy suppliers. A new Canadian pipeline stands uniquely positioned to deliver — … Read more

Ovintiv Expands in Montney Shale with USD $2.7 Billion Deal for NuVista

November 5, 2025November 4, 2025 by EnergyNow Media

Ovintiv said on Tuesday it would buy the rest of NuVista Energy in a cash-and-stock deal valued at $2.7 billion, including debt, strengthening the shale producer’s presence in Canada’s Montney basin. Last year, the North American company had acquired oil assets from Canadian firm Paramount Resources in the Montney shale for $2.38 billion in cash. “This acquisition, combined with the … Read more

COMMENTARY: The True Cost of Mark Carney’s Ineffective Green Energy Sinkhole – Ron Wallace

November 5, 2025November 4, 2025 by EnergyNow Media

By Ron Wallace The Carney government has continued to express an openness to new oil export pipelines while maintaining its commitment to long-standing clean energy ambitions associated with emissions reductions. Hence their assertions that any potential revival of projects such as Keystone XL would have to be accompanied by the production of “decarbonized” oil. Reflecting … Read more

Need Better Social Media Management? Let EnergyNow Social Media Experts Showcase Your Company and Drive Your On-line Presence in 2025 – Learn More

December 6, 2025November 4, 2025 by EnergyNow Media

social media management energynow 400x270

How Important is it to Have a Business Social Media Presence? In One Word….VERY! WHY? 55% of prospects learn about new brands on social media 80% of business managers think it’s very important or essential to invest additional resources in social media marketing 91% of business managers will increase social media marketing budgets in the … Read more

Topaz Announces Third Quarter 2025 Financial Results Including 15% Royalty Production Growth and New Record Clearwater Production

November 3, 2025 by EnergyNow Media

topaz energy corp topaz announces alberta montney royalty and in

CALGARY, AB, Nov. 3, 2025 /CNW/ – Topaz Energy Corp. (TSX: TPZ) (“Topaz” or the “Company”) is pleased to provide third quarter 2025 financial results. Select financial information is outlined below and should be read in conjunction with Topaz’s interim condensed consolidated financial statements (“Financial Statements”) and related management’s discussion and analysis (“MD&A”) as at and for the three … Read more

Greenfire Resources Announces Third Quarter 2025 Results, Operational Update, 2026 Guidance, and Refinancing Initiatives

November 3, 2025 by EnergyNow Media

Readers are advised to review the “Non-GAAP and Other Financial Measures” section of this press release for information regarding the presentation of financial measures that do not have standardized meaning under IFRS® Accounting Standards. Readers are also advised to review the “Forward-Looking Information” section in this press release for information regarding certain forward-looking information and forward-looking … Read more

Discount on Western Canada Select Narrows

November 3, 2025 by EnergyNow Media

The discount on Western Canada Select to North American benchmark West Texas Intermediate futures narrowed on Monday. WCS for December delivery in Hardisty, Alberta, settled at $11.10 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared to Friday’s close of $11.80. * Structural tightness in global heavy oil markets and excess pipeline … Read more

Tesla Again Posts Steep Monthly Sales Declines Across Europe

November 3, 2025 by EnergyNow Media

Musk and other executives blamed Tesla’s early-year sales shortcomings on transitioning the Model Y to a new design By Stefan Nicola Tesla Inc. posted some of its steepest sales declines this year in European markets, where the Elon Musk-led automaker is mired in a protracted slump. The most pronounced drop reported thus far was in … Read more

Adnoc CEO Says AI Raises Energy Investment Needs to $4 Trillion

November 3, 2025 by EnergyNow Media

By Anthony Di Paola, Salma El Wardany, and Omar El Chmouri Sultan Al Jaber Photographer: Hollie Adams/Bloomberg The global energy industry needs annual investment of $4 trillion as the boom in data centers and artificial intelligence increases demand, according to Sultan Al Jaber, head of the biggest crude producer in the United Arab Emirates. Long-term … Read more

Heather Exner-Pirot on What to Watch Out For in the Federal Budget

November 3, 2025November 3, 2025 by EnergyNow Media

As MPs weigh cuts and capital, investors want rules that let them actually build. By Geoff Russ By Resource Works More News and Views From Resource Works Here The minority Liberal government’s fall budget faces a decisive vote on Tuesday, with the outcome set to shape the fate of Canada’s fast-track agenda for ports, mines, … Read more

US Becomes First Country to Export 10 Million Tonnes of LNG in Single Month

November 4, 2025November 3, 2025 by EnergyNow Media

(Reuters) – The U.S. has become the first country to export 10 million metric tonnes (mmt) of liquefied natural gas in a single month, according to preliminary data from financial firm LSEG. The U.S. exported a record 10.1 mmt of the liquid fuel in October, up from a revised figure of 9.1 mmt in September, … Read more

Gibson Energy Delivers Record Throughput and Continued Growth Across Canadian and U.S. Terminals in Q3 2025

November 3, 2025 by EnergyNow Media

All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta, Nov. 03, 2025 (GLOBE NEWSWIRE) — Gibson Energy Inc. (TSX:GEI) (“Gibson” or the “Company”) announced today its financial and operating results for the three and nine months ended September 30, 2025. Key Highlights: Delivered Infrastructure Adjusted EBITDA(1) of $154 million, driven by strong volume growth Canadian … Read more

Federal MP Greg McLean Urges Federal Support for Waste Heat to Power in Clean Tech Tax Framework

November 3, 2025 by EnergyNow Media

Greg McLean, Member of Parliament for Calgary Centre rose in the House of Commons on Thursday, October 30, calling on the federal government to expand the definition of clean technologies in the Income Tax Act to include the conversion of residual industrial heat into electricity, known as Waste Heat to Power (WHP). This inclusion would make WHP … Read more

FEATURE: Green House Gas Emissions (GHG) Reduction & Control – Techmation Electric & Controls – Learn More:

November 4, 2025November 3, 2025 by EnergyNow Media

Methane is a colorless gas that has been designated as a Green House Gas (GHG). It has been established that methane is 25 times more potent than CO2 in its potential to warm the atmosphere. Methane is commonly used to drive pneumatic instruments and its release into the atmosphere from these instruments needs to … Read more

Sunoco Completes Cash-and-Stock Deal to Buy Parkland

November 3, 2025November 3, 2025 by The Canadian Press

Sunoco LP has completed its acquisition of Parkland Corp.
The companies say the cash-and-stock deal, valued at US$9.1 billion including assumed debt when it was announced in May, closed on Friday.
Parkland shares are expected to be delisted from the …

OPEC’s Al Ghais Says Oil demand Outlook Remains Positive, No Market Surprises Expected

November 3, 2025 by EnergyNow Media

opec haitham al ghais april 2024 1200x810

OPEC Secretary-General Haitham Al Ghais said on Monday that the group was still seeing positive signs for oil demand and did not expect any surprises in the market. “We are making sure we maintain the supply demand balance”, Ghais added at a panel at ADIPEC energy conference in Abu Dhabi, a day after OPEC+ agreed … Read more

Parkland Corporation Announces Completion of Acquisition by Sunoco LP

November 3, 2025 by EnergyNow Media

CALGARY, AB, Nov. 3, 2025 /CNW/ — Parkland Corporation (TSX: PKI) (“Parkland”) announced today that Sunoco LP (“Sunoco”) completed the acquisition of Parkland on October 31, 2025 (the “Transaction”). Parkland shares are expected to be delisted from the Toronto Stock Exchange as of the close of markets on Tuesday, November 4, 2025, and, until such time, will continue to be … Read more

SM Energy and Civitas Resources to Combine in $12.8 Billion Transformational Combination

November 3, 2025 by EnergyNow Media

Nov 3 – SM Energy and Civitas Resources said on Monday they will merge in a deal valued at about $12.8 billion, including debt, creating one of the largest independent U.S. oil producers that will hold a dominant position in the Permian Basin. The sale signals a recovery in dealmaking in the shale industry as … Read more

Morgan Stanley Lifts H1 2026 Brent Forecast to $60 on OPEC+ Pause, Russia Sanctions

November 3, 2025 by EnergyNow Media

Morgan Stanley on Monday raised its Brent crude forecast for the first half of 2026 to $60 a barrel from $57.5, citing the decision by OPEC+ to pause quota hikes in the first quarter of next year and recent U.S. and EU sanctions on Russian oil assets. The bank expects a “substantial surplus” in the … Read more

BP CEO Expects Non-OPEC+ Oil Supply Growth Could Decline by April

November 3, 2025 by EnergyNow Media

Oil supply growth outside OPEC+ could decline by April, while demand remains robust, BP’s Chief Executive Murray Auchincloss said on Monday. “There is a supply increase that’s come outside of OPEC+,” Auchincloss said. “We think that finishes in about February, March, April, and then it’s likely that we see flat to declining production after that … Read more

Big Oil Gets Big Boost from Escalating Economic War on Russia – Ron Bousso

November 3, 2025 by EnergyNow Media

Top Western oil companies are enjoying a windfall from the expanding attacks on Russia’s oil industry – both literal and economic – that have boosted global refining profit margins and mitigated concerns over a looming supply glut. Waves of Ukrainian drone strikes on Russia’s vast network of refineries and export terminals since July have hammered … Read more

QatarEnergy, Exxon Executives Warn of Europe Exit Over Climate Law

November 3, 2025 by EnergyNow Media

Summary ExxonMobil CEO warns EU law could force exit from Europe EU law demands climate plan aligned with Paris Agreement, Woods says Qatar threatens again to halt LNG supply to Europe over sustainability law (Reuters) – Executives at two of Europe’s top gas suppliers, ExxonMobil and QatarEnergy, on Monday warned they could stop doing business … Read more

Oil Prices Steady Despite OPEC+ Plans to Pause Output Increases

November 3, 2025 by EnergyNow Media

Summary OPEC+ agrees to small output increase in December Plans to pause production increases in the new year Russia’s Tuapse port hit by Ukraine drone attack Supply outlook and Asian factory data weigh on prices (Reuters) – Oil prices were little changed despite news that OPEC+ plans to end its supply increases, with the market … Read more

Canadian Natural Resources Limited Announces Closing of AOSP Swap Transaction and Updated 2025 Guidance

November 3, 2025 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – November 3, 2025) – Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) (“Canadian Natural” or the “Company”) announces it has closed the asset swap with Shell Canada Limited and affiliates (“Shell”) related to the Athabasca Oil Sands Project (“AOSP”), whereby Canadian Natural swapped 10% of its working interest in the Scotford Upgrader and Quest Carbon Capture and … Read more

Delivering Results: Electrification and PHM Upgrade Success – Cornerstone Engineering

November 3, 2025 by EnergyNow Media

Cornerstone Engineering has helped deliver multiple electrification projects for oil and natural gas facilities of all sizes, supporting the shift away from on-site fuel powered generation and compression to utility-supplied power. Our role includes project managing the integration of high-voltage substations in collaboration with specialized substation providers, while also executing process heating system upgrades and … Read more

ISA Sarnia Table Top Show & Technical Conference — Westech Industrial Exhibits Nov 4, 2025

November 3, 2025 by EnergyNow Media

Westech Industrial will be exhibiting (Table 27) at the ISA Sarnia Table Top Automation Show & Technical Conference on Tuesday, November 4, 2025 (11:00 a.m.–6:00 p.m.) at Lambton College – New Gym, 1457 London Rd, Sarnia, ONThis one-day event is billed as Ontario’s largest exhibition and conference for automation, instrumentation, controls, and valve professionals, bringing … Read more

Canadian Natural Raises Production Outlook After Taking Full Control of Oilsands Mine

November 3, 2025November 3, 2025 by The Canadian Press

Oil and gas giant Canadian Natural Resources Ltd. has boosted its production forecast for the year after it gained full ownership of a major oilsands mine through an asset-swap deal with Shell Canada Ltd.
The deal announced in January saw Canadian Na…

The Great AI Buildout Shows No Sign of Slowing

November 3, 2025November 3, 2025 by EnergyNow Media

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A momentous week in the technology sector made it clear there is no sign the boom in building artificial intelligence infrastructure is slowing — despite the bubble talk. Nvidia, whose processors are the AI revolution’s backbone, became the first company to surpass $5 trillion in market value. Microsoft and OpenAI inked a deal enhancing the … Read more

BUDGET DAY NOVEMBER 4 – COMMENTARY: Carney Government Must Reduce Spending to Tackle Deficit and Strengthen Economy – Fraser Institute

November 3, 2025November 3, 2025 by EnergyNow Media

By Jake Fuss and Alex Whalen The Carney government will release its long-awaited first budget on Nov. 4, and according to the latest projections, the state of federal finances is deteriorating significantly. Due to a weak economy and excessive federal spending, the Parliamentary Budget Officer has forecasted that Ottawa will run deficits of at least $60 billion for … Read more

Canada’s Heavy Oil Finds New Fans as Global Demand Rises

November 3, 2025November 3, 2025 by EnergyNow Media

Analyst says WCS price boost reflects global shortage By Will Gibson Follow CEC on Linkedin CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Worker at an oil sands SAGD well pad in northern Alberta. Photo courtesy Strathcona Resources Once priced at a steep discount to its lighter, sweeter counterparts, Canadian oil has … Read more

OPEC+ Pauses Oil Output Hikes Beyond December Amid Glut Fears

November 3, 2025November 2, 2025 by EnergyNow Media

Summary OPEC+ pauses oil output increases for Jan-March 2026 Group agrees output hike of 137,000 bpd for Dec 2025 Oil glut predictions dominate outlook for 2026 New sanctions make it difficult for Russia to raise output (Reuters) – OPEC+ on Sunday agreed a small oil output increase for December and a pause in increases in … Read more

Five Things to Watch For in the Canadian Business World in the Coming Week

November 2, 2025November 2, 2025 by The Canadian Press

Five things to watch for in the Canadian business world in the coming week:
Trade
The U.S. Supreme Court will hear arguments this week from businesses and states that say President Donald Trump’s use of a national security statute to justify his tarif…

Exxon and Chevron Cut Divergent Paths as Global Oil Glut Looms

November 1, 2025 by EnergyNow Media

By Kevin Crowley North America’s two dominant oil companies are carving divergent paths as the global crude market staggers toward what’s widely expected to be a hefty supply glut. Exxon Mobil Corp. is pressing ahead with a raft of expansion projects, even as OPEC and its allies increase production and oil futures hover near a … Read more

COMMENTARY: Canada’s Economic Performance Cratered After Ottawa Pivoted to the ‘Green’ Economy

November 2, 2025November 1, 2025 by EnergyNow Media

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By Jason Clemens and Jake Fuss There are ostensibly two approaches to economic growth from a government policy perspective. The first is to create the best environment possible for entrepreneurs, businessowners and investors by ensuring effective government that only does what’s needed, maintains competitive taxes and reasonable regulations. It doesn’t try to pick winners and … Read more

‘STRUCTURAL ADVANTAGE’ – Canadian Oilsands Producers are Outperforming U.S. Peers, Says Report

November 2, 2025November 1, 2025 by EnergyNow Media

Canadian companies outpacing share price performance of U.S. independent producers by 40% By Seen This Article and More From Chris Varcoe Here Original: financialpost.com/opinion/columnists/varcoe-canadian-oilsands-gaining-spotlight-over-united-states-peers-report/wcm/919edd74-4b34-43f7-b2e3-4af557695526 Weak oil prices in 2026 could lead to leaner times for the global oil industry, but the Canadian oilsands sector has “outperformed” its U.S. competitors recently, and is well positioned within … Read more

Chevron CFO Sees Oil Slump Persisting Into 2026 on Ample Supply

November 1, 2025November 1, 2025 by EnergyNow Media

By Kevin Crowley Chevron Corp. Chief Financial Officer Eimear Bonner said there’s a risk the oil-price slump persists into next year amid robust output from OPEC+ members and non-aligned nations. “There’s been some OPEC+ unwinds and growth also in non-OPEC supplies,” Bonner said during an interview. “We potentially could see some pressure continue this year … Read more

OPEC+ Likely to Agree Small Oil Output Increase for December

November 1, 2025November 1, 2025 by EnergyNow Media

By Olesya Astakhova, Ahmad Ghaddar and Alex Lawler Group likely to agree to 137,000 bpd hike, sources say New sanctions make it difficult for Russia to raise output OPEC+ has slowed pace of increases amid glut predictions Eight OPEC+ countries to meet online on Sunday LONDON/MOSCOW, Oct 31 (Reuters) – OPEC+ will likely agree on … Read more

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