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OPINION – Alberta’s Economy Benefits by up to $200 Billion Over the Next Decade by Remaining within a Renewed Canada – Lennie Kaplan

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  By Lennie Kaplan New modeling reveals that Alberta’s economy (i.e. gross domestic product or GDP) benefits by up to a cumulative $200 billion or 4% over the next decade though a new economic deal that keeps our province within a united Canada, rather than pursuing independence. My reference case modeling assumes an increase in … Read more

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ENERGYNOW FEATURE: Why Energy Policy Is Becoming a Women’s Issue Across Canada

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Energy policy is no longer an abstract debate about pipelines, carbon targets or electricity grids. Increasingly, engaged Canadian women see it as a practical question about household affordability, economic security, reliable public services, jobs, climate risk and the kind of country their children will inherit. The strongest common ground is not necessarily agreement on every … Read more

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PERSPECTIVE: Two Fifty for Lost Decades and a Buck and a Half for a Year – Peter Zeihan on U.S. Geopolitics and Canadian Energy

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The breakdown of Canada/U.S. trade talks now dominates Energy discussions By Maureen McCall Peter Zeihan In a stunning setback in Canadian trade negotiations with the United States, late last Friday Canadian  Prime Minister Mark Carney announced that he is suspending trade talks with the U.S. and will match the steep new U.S. tariffs that are … Read more

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COMMENTARY: Carney Government Relies on Energy ‘Transition’ Myth at Our Peril – Fraser Intitute

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By Kenneth P. Green Canadian discourse on all things energy is locked into a false narrative, about how Canada has been and will be powered. Canada, we often hear, is “transitioning” from a past—where most energy was generated by combusting fossil fuels—to a future where most energy will come from non-fossil-fuel sources such as wind … Read more

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NEW EPISODE #16: WATCH: 3 MINUTE HISTORY CANADA –The Energy Chapter That Locked in Canada–U.S. Trade

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3 Minute History Canada wraps its landmark first season with the big finish. This week’s finale reveals how Patricia Carney (now Trade Minister), Michael Wilson, and the team negotiated the 1988 Canada–U.S. Free Trade Agreement’s energy chapter — banning discriminatory taxes, guaranteeing proportional sharing in crises, and depoliticizing energy trade for decades. Created by historian … Read more

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How Quickly Can AI Data Centres be Built in Alberta?

By Yogi Schulz [image] The incredible demand for AI-related computing capacity is driving rapid growth in AI data centres worldwide. The Alberta government is keen to ensure that some of that investment occurs in Alberta and has set a goal of attracting $100 billion in investment by 2030. Recently, Pembina Pipeline Corp. and its partners … Read more

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SLB Gains Access to Venezuela’s Coveted Oilfield Data Through Contract, Sources Say

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By Marianna Parraga, Ana Isabel Martinez and Deisy Buitrago Agreement involves management of data including reservoir characterization, real-time oil output PDVSA staff using free-access applications to communicate after cyberattack Contract details, from duration to payment mechanism, still a secret HOUSTON/CARACAS, Aug 25 (Reuters) – A contract that SLB (SLB.N) and Venezuela’s state-run PDVSA signed last … Read more

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Oil Settles Down More Than 3%; Investors Shrug Off US Sanctions on Iran

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By Shariq Khan US sanctions revive hopes of negotiations to resolve Iran war Iran vows to retaliate, expresses confidence partners would Commodity vessel transits through Strait of Hormuz hit 3-month low, data shows Oil tanker struck, disabled near Oman by projectile, UKMTO says NEW YORK, Aug 25 (Reuters) – Oil prices settled down more than … Read more

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World Braces as Trump’s Canada Tariff Stand-Off Escalates

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By Jamie McGeever ORLANDO, Florida, Aug 25 (Reuters) – The resurgent trade spat between U.S. President Donald Trump and Canadian Prime Minister Mark Carney comes at a delicate juncture for both North American countries – and the global economy. Missteps between the neighboring G7 nations could have wide-ranging economic impacts. The Trump administration imposed 50% … Read more

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INSIGHT: Four Things Women Business Leaders Told Us Canada is Missing – Canada Powered by Women

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By Canada Powered by Women — Kirsten Baker, the National Energy & Utilities Leader at PwC Canada Ottawa has promised decisions on major projects within two years, and the women who lead the companies financing and building them want that speed. What they told us is that they still question how the projects and promises … Read more

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The $150 Trillion Global Economy in 2030 – Visual Capitalist

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By Gabriel Cohen | Design Sam Parker Key Takeaways The global economy is projected to expand by nearly $25 trillion between 2026 and 2030. The U.S. ($37.7 trillion) and China ($26 trillion) will remain the world’s largest economies by 2030. Germany and India are projected to be virtually tied for third place, separated by just … Read more

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Six Months Into Iran War, Almost Half of Global Oil Flows From War Zones

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By Seher Dareen, Anushree Ashish Mukherjee and Robert Harvey Conflicts affect over 43% of global oil production More than 10% of global refining is offline Global fuel stocks running low Fuel price rally pushes up inflation and government debt LONDON Aug 25 (Reuters) – Almost half the world’s oil comes from countries affected by conflict … Read more

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Ex-Alberta Premier Jason Kenney Says Oil Needs to be n the Table in U.S. Tariff War

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Former Alberta premier Jason Kenney is questioning why his province is taking oil and gas off the table in the high-stakes tariff war with the United States.
Kenney, in an interview, says Canada has the power to really put the squeeze on the U.S. thro…

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Pickets Go Up at Waste-Energy Plant in Burnaby, B.C.

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The union representing workers at Metro Vancouver’s waste-to-energy plant says members have launched strike action against its employer.
Unifor says in a statement that its Local 433 chose to initiate the strike after what it describes as employer Veo…

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Oil Prices Slide as Markets Shrug Off New U.S. Sanctions on Iran

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Report Time: August 25, 2026 — 5:31 a.m. MDT Summary WTI crude is trading near US$84.94 per barrel on TradingView, essentially flat versus Monday’s $85.01 Reuters settlement, down about $0.07, or 0.1%. TradingView’s continuous WTI contract currently references the October 2026 front month. Brent crude is trading near US$90.46 per barrel on TradingView, down about … Read more

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US Widens Sanctions on Iran but Withholds More Punishing Options

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Summary US threatens Iran’s trading partners, gives them time to cut ties Bessent says no nation is above reach of US sanctions China says sanctions do not help, vows to protect its interests WASHINGTON, Aug 24 (Reuters) – The U.S. on Monday unveiled an expansion of sanctions that it said would cut off Iran’s ​economic … Read more

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Questerre Wins First Bid Round for Nova Scotia Exploration Rights

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CALGARY, Alberta, Aug. 24, 2026 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX, OSE: QEC) reported today that it has been selected as the successful bidder in the first bid round under the province of Nova Scotia’s Subsurface Energy Research and Development Investment Program. Questerre is in the final stages of negotiating a Petroleum … Read more

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FEATURE: How Alberta Became Ground Zero for Data Centre Development in Canada

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By EnergyNow Editorial Staff Cheap natural gas is a big part of the story but Alberta’s real advantage may be its ability to turn energy into computing power faster than almost anywhere else in Canada. Five years ago, few people would have predicted that Alberta might emerge as the centre of Canada’s artificial-intelligence infrastructure boom. … Read more

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ECONOMIC FALLOUT: New U.S. Tariffs Take Effect on Canada – Here’s What You Need to Know

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  By Mark Parsons, ATB Economics New U.S. tariffs on Canada are now in effect after trade negotiations broke down between the U.S. and Canada on Friday. Here’s what you need to know: Key points The U.S. and Canada failed to reach a trade deal on Friday. As a result, 50% U.S. tariffs on certain … Read more

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COMMENTARY: Here’s How Canadian Policymakers Should Respond to Trump’s Tariffs – Fraser Institute

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By Jock Finlayson and Steven Globerman The recent last-minute collapse of Canada-United States trade negotiations raises an obvious question: What comes next for this increasingly troubled bilateral relationship? As announced by President Trump, 50 per cent U.S. tariffs on approximately C$28 billion in Canadian export goods are now in effect. These so-called “section 338” tariffs, … Read more

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COMMENTARY – DOOMBERG PART TWO: Energy Predictions from the Castle in the Rockies – Maureen McCall

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By Maureen McCall PART ONE – Geopolitical & Energy Predictions with Amazing Prescience The Fairmont Banff Springs hotel, a “Castle in the Rockies” is a breathtaking heritage building and lofty destination from which to contemplate the bigger questions of the future directions of Canadian energy, global energy trends and the insights of Doomburg, a publication … Read more

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Tuktu Resources Ltd. Announces Second Quarter 2026 Results

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Calgary, Alberta–(Newsfile Corp. – August 24, 2026) – Tuktu Resources Ltd. (TSXV: TUK) (“Tuktu” or the “Company“) is pleased to announce its financial and operating results for the three and six months ended June 30, 2026. Selected financial and operating information should be read in conjunction with Tuktu’s unaudited interim condensed financial statements and related management’s discussion and … Read more

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What are Iran’s Options to Escalate Further in Face of US Economic Threats?

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(Reuters) – LONDON, Aug 24 – U.S. threats to impose “the toughest sanctions in history” to force Iran to buckle to its demands after nearly six months of war have raised the prospect of a new round of escalation in the Gulf. How could Iran respond to the economic pressure? CAN IRAN STOP MORE OIL … Read more

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Canada-U.S. Trade Tensions Continue to Escalate as Trump Team Defends Tariffs

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Members of the Trump administration on Monday fanned across cable news stations and in front of crowds of loyal supporters to make the case for Donald Trump’s latest tariffs on Canada as the president himself moved to escalate the trade war.
Trump pos…

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A WAR OF WORDS AND TARIFFS: Trump Takes Aim at Doug Ford, Mark Carney and Canadian Energy Flowing Through U.S. in Latest Post

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U.S. President Donald Trump is taking aim at Canadian energy flowing through the United States in another escalation of his trade war with Canada.
In a post on his Truth Social account Trump warns of “consequences” if Canadian officials didn’t “fall i…

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The Hormuz Crude Volume Debate Masks the Real Shortage of Refined Fuels: Russell

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(Reuters) – The crude oil market is currently engaged in the wrong debate over how much oil is actually moving via the Strait of Hormuz. It should be debating the constrained flows of refined products around Asia. U.S. Energy Secretary Chris Wright has repeatedly claimed that much more crude is getting through the disputed strait … Read more

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IEA’s Birol: Not Discussing a Second Release of Strategic Oil Reserves

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(Reuters) – The International Energy Agency is not discussing a second release of strategic oil reserves at this time, IEA chief Fatih Birol told Reuters on Monday. “Not for the time being,” Birol said on the sidelines of an energy conference in Norway when asked whether the agency was discussing a second release of strategic … Read more

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Morgan Stanley Raises Brent Forecasts on Slow Mid-East Recovery

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(Reuters) – Morgan Stanley has raised its Brent crude price forecasts for the coming quarters, saying Middle East supply is recovering more slowly than expected, leaving the oil market in deficit throughout the fourth quarter of 2026 and first quarter of 2027. “Crude is tightening. Recent weeks have seen one of the sharpest declines in … Read more

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THE BLAME GAME – The US Blames Canada for Failed Talks, the Reaction From Trump and What Happens Next

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The finger-pointing over the collapse of Canada-U.S. trade negotiations intensified Monday morning, with U.S. Trade Representative Jamieson Greer and former senior White House adviser Kelly Ann Shaw both placing responsibility squarely on Canada, before President Donald Trump dramatically raised the temperature with a new threat of 50 per cent tariffs on Canadian vehicles, auto parts … Read more

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US Vows ‘Economic D-Day’ as Iran Threatens to Halt All Oil Exports

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    The U.S. threatened Iran with what it called “the greatest financial offensive ever marshalled” as it prepared to roll out economic sanctions on Monday that target Iran’s trade partners. Iran in turn vowed to shut down all oil exports from the Gulf “if the economic war continues.” U.S. Treasury Secretary Scott Bessent will … Read more

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Norway Will Drill in Arctic Regardless of EU’s Position, Says Energy Minister

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Summary Minister says Arctic Barents Sea key to sustaining production Norway aims to maintain current output at least until 2035 Rejects idea of Norway power as ‘green battery’ for Europe Equinor CEO: can export oil, LNG anywhere in the world (Reuters) – Norway will continue developing its oil ​and gas resources in the Barents Sea … Read more

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TECHNOLOGY: Exxon Turns to Automated Drilling in the Permian in Push for Higher Oil Output

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  Summary Exxon aims to automate half of Permian drill rigs by 2028 Automation improves safety, allows workers to do other tasks, exec says Exxon’s first automated rig drilled two miles horizontally in about six days (Reuters) – In rural west Texas where oil rigs and pump jacks dot the sparse flat ​landscape, an ExxonMobil  contractor … Read more

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Oil Prices Pull Back as Markets Await New U.S. Sanctions on Iran

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Report Time: August 24, 2026 — 5:33 a.m. MDT Summary WTI crude is trading at approximately US$85.29 per barrel, down about $1.77, or 2.0%, from Friday’s $87.06 settlement, based on TradingView’s October 2026 NYMEX contract. Brent crude is trading near US$92.76 per barrel, approximately $1.63, or 1.7%, below Friday’s $94.39 settlement, based on TradingView’s October … Read more

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ALBERTA POWER SYMPOSIUM – Alberta’s Power Market Faces a New Era of Demand, Investment and Grid Transformation – The Symposium is October 29-30, Calgary AB – Details Here

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Canadian Institute’s 14th Annual Alberta Power Symposium brings together power producers, utilities, policymakers, Indigenous leaders and energy innovators to examine the forces reshaping Alberta’s electricity sector CALGARY, AB — Alberta’s energy market is entering a period of significant change as rising power demand, AI data centre development, market reform and major infrastructure requirements create new … Read more

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REDUNDANCY IS NOT INDEPENDENCE – Rethinking Safety Instrumented Protection in Energy Operations – Learn More

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For energy producers, redundancy is often treated as a cornerstone of process safety. Add a second transmitter, provide a backup signal, install another relay or send the measurement to a safety PLC, and the system should theoretically be better protected. But redundancy alone does not necessarily provide independence. If two protective devices depend on the … Read more

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BACK TO BUSINESS POADCAST: 100 Years of Halliburton: Leadership, Longevity & Community with John Gorman, Vice President · Halliburton

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For 100 years, Halliburton has built its reputation on steady leadership, long-term thinking and a commitment to evolving with the energy industry. In this episode, Vice President John Gorman joins Back to Business to reflect on his 35-year career, the company’s culture of mentorship and succession planning, its approach to innovation, and why strong relationships and community … Read more

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ANALYSIS: Despite Alberta’s Commitment to “Decarbonizing”, Large-Scale Carbon Capture, Utilization and Storage (CCUS) Poses Observed Risks to the Environment – Fraser Institute

By: Kenneth P. Green and Julio Mejía Environmental Risks of Carbon Capture, Utilization, and Storage Technologies In 2025, the province of Alberta signed a Memorandum of Understanding (MoU) with the Canadian government that, in return for a proposed new million-barrel-per-day pipeline to Canada’s west coast, Alberta would capture the carbon-dioxide emissions associated with oil-sand production … Read more

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DIGGING DEEPER: Why Canadian Activists View LNG Development as Their Next Major Target

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By EnergyNow Editorial Staff – Expanded Previous Editorial Canadian environmental organizations are increasingly targeting liquefied natural gas because LNG has become the most important pathway for expanding natural-gas production in Western Canada. A large LNG terminal does not stand alone. It creates long-term demand for: Additional drilling and hydraulic fracturing in northeastern British Columbia and … Read more

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Air Transat’s Fuel Costs Surge by Over $100 Million as Iran War Takes Ongoing toll

The parent company of Air Transat paid more than ever for jet fuel in its latest quarter due to the ripple effects of the Iran war, prompting the company to seek further federal aid.
The cost of fuel bought by Transat A.T. Inc. climbed by $105 million…

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CARBON CAPTURE: Alberta’s Carbon Capture Leadership Grows as Stored CO₂ Tops 18 Million Tonnes

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CCS widely recognized as an essential tool for achieving global climate goals By Grady Semmens Using direct air capture (DAC), the Tamarack project near Innisfail, Alta. will have capacity to remove up to 2,000 tonnes of CO₂ from the atmosphere per year at full operation. Photo courtesy CarbonCapture Inc. A wall of industrial-size fans sits … Read more

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West Texas Oil Producers Pushing Power Demand ‘Through the Roof’

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By David Wethe and Julian Hast Oil and gas producers’ swelling power needs are hitting the West Texas region just as technology companies target the world’s most productive shale basin for data centers, sending electricity demand soaring. The top boss at Diamondback Energy Inc., one of the Permian Basin’s largest producers, predicts his company’s need … Read more

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INSIGHT: What B.C.’s Oil and Gas Build-Out Actually Delivered

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A new study by economist Philip Cross finds that a decade of pipelines, LNG and upstream investment nearly doubled B.C.’s real oil and gas output, opened new export markets and created the province’s highest-paid jobs. By Resource Works For years, the economic case for British Columbia’s major energy projects rested largely on forecasts. Now we … Read more

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Iran Says it Discovered Over 7.5 Trillion Cubic Feet of Gas

Iran has discovered over 7.5 trillion cubic feet (212.4 billion cubic metres) of gas in a field in the south of its Fars Province, according to Oil Minister Mohsen Paknejad quoted by state media on Sunday. * Given an estimated recovery ratio, Paknejad said it was possible to extract about 5,700 billion cubic feet of … Read more

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Iran Grants Permission for a Number of Iraqi Oil Tankers to Pass Through Hormuz

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Iran has granted permission for a number of Iraqi oil tankers to pass through the Strait of Hormuz following repeated requests from Baghdad through various channels, Iran’s state news agency IRNA reported on Saturday. IRNA said obtaining special permission for Iraqi tankers was one of Baghdad’s main requests during Iranian parliament speaker Mohammad Baqer Qalibaf’s … Read more

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Iran Says New Sanctions Threatened by ‘Desperate’ US Will Fail

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Iran’s foreign minister dismissed the threat of new U.S. sanctions as a sign of desperation on Sunday and said the expected new measures would fail to defeat Tehran. U.S. Treasury Secretary Scott Bessent, who is due to hold a press conference at 2 p.m. EDT (1800 GMT) on Monday, has threatened to impose “the toughest … Read more

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CARNEY RESPONDS – “They Asked Too Much and Offered Too Little”: Carney Draws a Line as Canada – U.S. Trade Talks Collapse

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EnergyNow Media Prime Minister Mark Carney says Canada will match new U.S. tariffs dollar-for-dollar, while accelerating a broader strategy built around Canadian energy, infrastructure, domestic investment and reducing the country’s economic dependence on the United States. OTTAWA — Prime Minister Mark Carney delivered one of his strongest statements yet on Canada’s rapidly changing relationship with … Read more

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Trump Says Iran Not Ready to Make the ‘Right Deal’

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U.S. President Donald Trump said on Friday he did not think that Iran was ready make the “right deal,” and that Washington was observing “what happens” in the conflict. “It just means that we’re seeing what happens,” Trump told reporters when asked if U.S. military options with Iran were limited. “We have total control of … Read more

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Canada-US Trade Negotiations Breakdown: Canada’s Negotiators Recalled to Ottawa

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Trade negotiations between Canada and the US have ground to a halt. As a result, 50% tariffs came into effect early this morning, impacting nearly $28 billion worth of Canadian goods. Prime Minister Mark Carney has recalled Canadian trade officials back to Ottawa. He’s speaking in Ottawa on the matter later this morning. Following the … Read more

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Oil Rises as Trump Threatens Sanctions on Iran Partners

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Summary Iran vows ‘devastating’ response as US threatens toughest ever economic hit Oil supply from major Middle East producers remains curtailed Only 7 commodity ships crossed Strait of Hormuz on Thursday, data shows Ukraine hits Russian oil refinery in Perm, ​Zelenskiy says (Reuters) – International and U.S. crude oil futures rose on Friday after U.S. … Read more

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Why is Trump Talking About the Keystone XL Oil Pipeline?

(Reuters) – A social media post by U.S. President Donald Trump declaring that the Keystone XL oil pipeline “may be awoken from the grave” attracted attention this week in the midst of U.S.-Canada trade talks. Below is a look at the history of that project running through parts of Canada and the U.S., as well … Read more

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US Energy Firms Cut Rigs for First Time in Four Weeks, Says Baker Hughes

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US energy firms this week cut the number of rigs operating for the first time in four weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The total oil and gas rig count, an early indicator of future output, fell by five to 588 in the week to August 21. Baker Hughes … Read more

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Studies Show Year-Round Shipping Potential From Port of Churchill

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Manitoba’s premier says studies showing year-round shipping potential from the Port of Churchill boost the case for expanding the Arctic deepsea port.
“This breakthrough means we can stop asking if year-round shipping from Churchill is possible,” Kine…

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InPlay Oil Corp. Announces Closing of Highly Accretive Acquisition

CALGARY, AB, Aug. 21, 2026 /CNW/ — InPlay Oil Corp. (TSX: IPO) (TASE: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company“) is pleased to announce the closing of its previously announced acquisition of a private oil and gas producer for cash consideration of $54.25 million, prior to closing adjustments (the “Acquisition“). Further details regarding the Acquisition can be found in … Read more

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First Gas From Australia’s Beetaloo Puts Shale Ambition to the Test

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Summary Australia set to produce first gas from shale Shale dream faces dense rock, political and infrastructure challenges U.S. funding and expertise, Japanese investment boost confidence Beetaloo gas could meet local and Asian demand (Reuters) – Deep in Australia’s Red Centre, gas is set to start flowing ​next month from the sprawling Beetaloo basin to … Read more

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Iraq Aims to Boost Oil Output to 8-10 Million Bpd in Six Years

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(Reuters) – Iraq has sent a delegation to Saudi Arabia seeking a higher output quota from OPEC as the country plans to raise its ​oil production to between 8 million and 10 million barrels per day in ‌the next six years, its prime minister said on Friday. Prime Minister Ali al-Zaidi, speaking at the Baghdad … Read more

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THE TANKER JAM: Tankers Stack Up as Venezuela Sells Oil Faster Than Its Ports Can Handle

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Summary Access to infrastructure increasingly complicated for customers Trading firms have exported over 140 million barrels since January Exports struggling to surpass 1.25 million bpd in recent months, data shows Reuters) – Venezuela’s dilapidated oil port terminals are imposing a de facto export cap on the country’s resurgent crude production, with tankers having to wait … Read more

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Fiddlehead Resources Corp. announces Q2 2026 financial results

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CALGARY, AB, Aug. 20, 2026 /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 six months ended June 30, 2026. Selected financial and operating information should be read in conjunction with Fiddlehead’s unaudited interim financial statements and related management’s … Read more

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OPINION: The Iran War Energy Crisis is Just Getting Started: Bousso

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The Iran war has pushed the global oil refining industry to the brink, signalling that diesel and gasoline prices may remain elevated for years. Deal or no deal, the global energy inflation shock is far from over. While oil markets adapted remarkably well to the abrupt loss of a fifth of global crude supplies from … Read more

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More Money, More Power, But How Good is the New Churchill Falls Deal for Newfoundland?

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The agreement promises to transform N.L.’s relationship with Quebec. Here are the unanswered questions that will determine what it’s really worth By Andrew Rankin Original: financialpost.com/commodities/energy/money-power-how-good-is-churchill-falls-deal-newfoundland Prime Minister Mark Carney, Newfoundland and Labrador Premier Tony Wakeham and Quebec Premier Christine Fréchette walk towards the podium on Monday, Aug. 17, 2026 to announce a new Churchill … Read more

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CANADA’S WAKE-UP CALL: N.S. Premier Says U.S. Trade Dispute a ‘Wake-Up Call’ for Economic Diversification

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Nova Scotia Premier Tim Houston says Canada’s trade dispute with the U.S. has been a wake-up call to diversify the province’s economy.
Houston was responding late Wednesday to a potential Canada-U.S. trade deal from Banff, Alta., where he’s promoting…

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Alberta Minister Faces More Fury at Second Town Hall on AI Data Centres

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Alberta’s technology minister faced yet another firing line of fury at the government’s second town hall hearing from residents over its plan for artificial intelligence data centres.
Nate Glubish was peppered with profanity from audience members at t…

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INSIGHT: Trump Wants Keystone XL Revived, Canada Wants Lower Tariffs – Meanwhile a Trade Deal Looms – Chris Varcoe

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Chris Varcoe: Keystone XL resurrection talk comes as Alberta and Canada propose new oil pipeline to the West Coast By Chris Varcoe Original: financialpost.com/opinion/columnists/varcoe-trump-wants-keystone-xl-revived-canada-wants-lower-tariffs-while-a-trade-deal-looms/wcm/6da3c7b8-5d55-411a-8b92-62aae26bb5ca It’s like a big neon sign flashing on top of Trump Tower: the U.S. president still wants Keystone XL to be built. On Tuesday night, U.S. President Donald Trump said on … Read more

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EDMONTON NEWS RELEASE: Albertans Need a Break on GAS TAXES

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Governments must cut fuel taxes * Taxes cost 27 cents per litre of gas and diesel in Alberta * CTF releases Gas Tax Honesty report EDMONTON, AB: The Canadian Taxpayers Federation is calling on the Alberta government to drop its provincial fuel tax and the federal government to keep its fuel tax cut as the CTF … Read more

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TSX Edges Lower as Oil Prices Creep Higher, U.S. Stocks Also Negative

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TORONTO – Canada’s main stock index edged lower Thursday while U.S. markets also lost ground as geopolitical concerns sent oil prices higher. Uncertainty continues over the U.S. war with Iran and when oil tankers will once again be able to freely exit the Persian Gulf. U.S. President Donald Trump threatened Iran with “the MOST CRUSHING … Read more

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Trump Threatens to Isolate Iran. Who are its Trading Partners?

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DUBAI, August 20 – A threat by U.S. President Donald Trump to impose unprecedented economic warfare and isolation on Iran could have implications for countries that trade with it. Trump warned of economic consequences for any country that supports Iran. Here are some of Iran’s main trading partners in recent years: CHINA China, the biggest … Read more

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Iran Condemns New U.S. Sanctions, Calls Them ‘Economic Terrorism’

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(Reuters) – Iran’s foreign ministry condemned newly announced U.S. economic and trade sanctions on Thursday, saying they targeted ordinary Iranians and amounted to “economic terrorism” and crimes against humanity. U.S. President Donald Trump warned on Wednesday of sweeping economic consequences for any country that provided what he called “any type of lifeline to Iran”, threatening … Read more

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Saudi June Crude Exports Climb From Record May Low, Data Shows

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(Reuters) – Crude oil exports from Saudi Arabia rose to 3.993 million barrels per day in June, from a record low of 3.434 million bpd in May, data from the Joint Organizations Data Initiative (JODI) showed on Thursday. The country’s crude oil production increased to 7.122 million bpd in June from 6.560 million bpd in … Read more

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EVOLUTION POWERX Expands Into Larger-Scale Distributed Power With Exclusive Canadian SPG4 Turbine Agreement

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St. Albert, Alberta — (Newsfile Corp. – August 19, 2026) – Evolution PowerX Corp. (TSX: E)(OTCQB: ETOLF) (the “Company” or “Evolution”). Evolution, a Canadian leading provider of site power systems, turbine electrification and infrastructure services, is pleased to announce it has entered into a Canadian Exclusive Distribution Agreement for the SPG4 3.2 megawatt (ISO Rated) combustion turbine generator. … Read more

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Highwood Asset Management Ltd. announces second quarter 2026 results and operational update

/NOT FOR DISSEMINATION IN THE U.S. OR THROUGH U.S. NEWSWIRES/ CALGARY, AB, Aug. 20, 2026 /CNW/ — Highwood Asset Management Ltd. (“Highwood” or the “Company“) (TSXV: HAM) is pleased to announce its financial and operating results for the three and six months ended June 30, 2026 and to provide an operational update. The Company also announces that its unaudited … Read more

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ROK Resources Files Financial Results and Management Discussion & Analysis for Second Quarter of 2026

NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES REGINA, SK / ACCESS Newswire / August 20, 2026 / ROK Resources Inc. (“ROK” or the “Company“) (TSXV:ROK)(OTCQB:ROKRF) announces that the Company has filed its Financial Results and Management Discussion & Analysis (“MD&A“) for the three and six month periods ended June 30, 2026, and … Read more

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Trump Warns of Economic Consequences for Any Country That Supports Iran

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U.S. President Donald Trump warned of economic consequences against any country that provided “any type of lifeline to Iran” as the United States looks to resolve a war it began alongside Israel nearly six months ago. Thousands have been killed in the war, which quickly drew in Gulf nations and shocked global markets as Iran … Read more

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THEY’RE READY: Venezuela Is Ready to Sign Oil Deals, Minister Tells Investors

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By Kevin Crowley and Lucia Kassai Venezuela is keen to sign production-sharing contracts and ramp up output from the world’s biggest crude reserves, Oil Minister Paula Henao told investors in Houston. There are 916 areas in Venezuela available for exploration and production, Henao said at a conference on Wednesday. The country is known for its … Read more

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Oil Hits 3-Week High on Middle East Supply Concerns Amid War Impasse

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Summary Brent, WTI tick up for a fifth session, hit 3-week highs UAE suspends financial ties with Iran until further notice S. crude, gasoline inventories rise, distillate stocks fall-EIA Trump warns of economic consequences for any ​country that supports Iran (Reuters) – Oil prices climbed to three-week highs on Thursday, ‌driven by concerns that the … Read more

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WHO SETS THE PRICE OF OIL? How a Global Market Decides – American Energy Snapshot

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By API – American Petroleum Institute Over the past several months, Americans have paid more attention than usual to the price of crude oil. And for good reason — disruption in the Strait of Hormuz has brought near-unprecedented levels of volatility to energy markets, and though most of us will never buy an actual barrel of … Read more

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COMMENTARY: I Have Some “Dam” Questions – William Lacey

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As Captain and Tennille famously said, it “looks like muskrat love” By William Lacey Recently the Government of British Columbia provided an update on the cost of the Site C dam, now named The John Horgan Dam, saying that expenditures to date have been $14.9 billion, and that it “remains on track” to finish within … Read more

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PERSPECTIVE: B.C.’s Resource Debate is Becoming a Capacity Debate – Stewart Muir

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UBCM resolutions reveal a growing concern about whether B.C. can still deliver the conditions for growth. By Stewart Muir Delegates vote at the 2025 UBCM convention. The 2026 resolutions highlight concerns about B.C.’s capacity for economic growth. Photo: UBCM Every year, the Union of B.C. Municipalities resolutions book arrives with the peculiar charm of a … Read more

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NEW EPISODE #15: WATCH: 3 MINUTE HISTORY CANADA – How Pat Carney Shredded the NEP

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3 Minute History Canada delivers the turnaround. This week’s episode tells how Brian Mulroney’s Progressive Conservative1984 landslide brought Patricia Carney to the role of Energy Minister — and how she consulted industry and provinces to dismantle the NEP with the Atlantic and Western Accords, restoring market pricing and easing East-West wounds. Created by historian and … Read more

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US, Canada Trade Negotiators Meet After Trump Sets New Tariff Deadline

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(Reuters) – Canadian and U.S. trade negotiators met on Wednesday after President Donald Trump paused planned 50% tariffs on some Canadian goods for three days, as sources said auto tariff levels remained a sticking point. The Canadian minister responsible for U.S. trade, Dominic LeBlanc, and Canada’s chief trade negotiator Janice Charette met U.S. Trade Representative … Read more

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COMMENTARY – DOOMBERG – Geopolitical & Energy Predictions with Amazing Prescience – Maureen McCall

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  How AI will disrupt the global natural gas trade Last month, Alberta Premier Daniel Smith spoke at the Pacific Northwest Economic Regions’ 2026 PNWER forum explaining the Alberta government’s current approach to adding value to Alberta’s natural gas at home. She described it as the concept of a “digital pipeline and digital refinery.” “We’re … Read more

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PAUSED: Proposed 50% U.S. Tariffs on Three-Day Hold – Unpacking the Latest on Tariffs

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By ATB Economics The tariff deadline came and went without a trade deal, but rather an extension to the timeline when new tariffs would take effect. The bottom line is that Canadian businesses have a short-term reprieve, but face heightened uncertainty over tariffs and future trade action. In today’s Twenty-Four, we unpack the latest on tariffs … Read more

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PERSPECTIVE: Trump Boasts Keystone XL Revival as Trade Talk Win. It’s Not Clear it Was Ever Off the Table

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U.S. President Donald Trump boasted Tuesday about reviving the Keystone XL pipeline project, touting it as a win in trade negotiations with Canada.
Trump posted on his Truth Social platform that Canada and the U.S. “have a DEAL!”
“The great Keystone X…

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Second Nord Stream Sabotage Suspect Arrested in Croatia

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By Karin Matussek German prosecutors secured the arrest of a second person in its Nord Stream gas pipelines sabotage investigation. Croatian police forces arrested a Ukrainian national on Wednesday on the nation’s request, Germany’s Federal Public Prosecutor’s Office said. The suspect, identified only as Vladimir Z. was arrested in the city of Pula. Last year, … Read more

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LG Energy, Once Fixed on EV Batteries, Jumps to Plan B

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By Kalea Hall Most of LG Energy’s North American factories are making storage batteries LG’s new Michigan plant started cell output for Tesla and Toyota LG’s switch to energy storage from EVs requires new chemistry Aug 19 (Reuters) – A few years ago, battery manufacturer ​LG Energy Solution (373220.KS) was racing to make cells for … Read more

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A Look Back at the Keystone XL Pipeline Drama as Trump Touts its Potential Revival

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The latest volley of U.S. tariffs targeting Canada are temporarily on hold, and social media postings from U.S. President Donald Trump suggest a revival of the defunct Keystone XL pipeline is factoring into ongoing negotiations.
Trump posted Tuesday …

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Global Drilling Availability Narrows as Demand Rises

Despite rising opportunities, only a handful of international markets offer meaningful expansion for Western drilling contractors CALGARY, Alberta (Aug. 19, 2026) — Enverus Intelligence® Research (EIR), a subsidiary of Enverus, the leading energy data analytics platform, today released new research examining where international land drilling activity is poised to grow as global demand strengthens. The research finds … Read more

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Trump Pauses 50% Tariffs on Canada as Trade Talks Advance – Keystone XL Back in Spotlight

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By EnergyNow Editorial Staff U.S. President Donald Trump has delayed threatened 50% tariffs on Canadian goods for three days as Canada and the United States work to finalize a new trade agreement, with Trump once again raising the possibility of reviving the Keystone XL pipeline. Trump announced the tariff pause Tuesday evening, just hours before … Read more

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Oil Hits Three-Week High on Uncertainty Over Hormuz

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Summary Hormuz traffic slows as uncertainty over waterway persists Iraq’s cabinet approves new export routes from September 1 Trump says no talks planned with Iran Tehran says Strait of Hormuz still shut (Reuters) – Oil prices hit a three-week high on Wednesday as uncertainty over shipping through ‌the Strait of Hormuz and ongoing supply disruptions supported the … Read more

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EXAMINING MANITOBA – Critical Minerals, Churchill and the Making of a Northern Trade Corridor

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Manitoba possesses many of the ingredients needed to build one of Canada’s most strategically important resource corridors: critical minerals in the north, abundant hydroelectricity, an existing railway to Hudson Bay and the country’s only deepwater Arctic seaport connected to the North American rail network. The question is whether Manitoba can connect those pieces into an … Read more

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REPORT: How Can AI Amplify Energy Wellbeing in an Era of Competing Priorities?

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Rising energy costs impact every aspect of consumers’ lives. How can providers meet expectations for an easier, more affordable experience? Authors Moz Salim, Power & Utilities Leader | EY Canada Greg Guthridge, EY Global Energy & Resources Customer Experience Transformation Leader In brief: High costs, complexity and uncertainty are impacting consumers’ energy wellbeing — affecting … Read more

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Alberta Government to Hold First AI Data Centre Town Hall in Central Town of Lacombe

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Alberta’s technology minister is set to hear from residents in the central region tonight on what they think of artificial intelligence data centres.
Nate Glubish is scheduled to be in Lacombe for the first in a series of town halls.
Glubish has spent…

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STRONG COAST: Inside the Social-Media Campaign Organizing Opposition to Canada’s New West Coast Pipeline

EnergyNow Guest Commentary When Ottawa and Alberta announced on July 2 that Alberta’s proposed new West Coast oil pipeline would be referred to the Major Projects Office, environmental opposition did not have to start from scratch. One organization already had an audience, a recognizable coastal brand and a digital system capable of turning social-media engagement … Read more

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Data Center Gas Plants to Boost US Power Emissions by 20%

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By Matt Day and Mark Chediak Data center developers are turning to bespoke natural-gas power plants, a development that promises to dramatically increase carbon emissions and make it harder for US technology companies to meet their lofty climate goals. Ninety-nine proposed plants tracked by BloombergNEF would emit about 318 million metric tons of carbon dioxide … Read more

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About Half of Venezuela Oil Output Now Goes to US, Under Secretary Haustveit Says

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By Marianna Parraga US refiners built for Venezuela’s crude receive more than 500,000 barrels a day, Haustveit says PDVSA executive says Venezuela’s crude output will reach 1.245 million bpd by end-August Haustveit ​says Venezuela is currently producing around 1.25 million barrels a day HOUSTON, Aug 18 (Reuters) – U.S. Energy Under Secretary Kyle Haustveit said … Read more

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Canada’s Oil Producers Target Late 2027 for Pathways Carbon Capture Decision

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(Reuters) – Canada’s biggest oil producers are targeting late 2027 for a final investment decision on their proposed 6-million-tonne carbon capture and storage project, a key piece of the country’s plan to grow oil production and keep emissions in check, the president of the Oil Sands Alliance industry group told Reuters. Kendall Dilling, who heads … Read more

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Competition Bureau Should Investigate Government for ‘Greenwashing’: NDP

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NDP parliamentary leader Don Davies wants the Competition Bureau to investigate whether Prime Minister Mark Carney’s own words are proof the government’s advertising on clean energy infrastructure violates the government’s law against greenwashing.
Th…

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Carbon Capture Canada Returns Amid Growing Investment and Momentum in Canada’s Carbon Capture, Utilization and Storage Sector

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Canada’s national carbon capture, utilization and storage convention returns to Edmonton September 15–17, 2026, bringing together global leaders to shape the future of carbon capture. Edmonton, Alberta (August 14, 2026) – Canada’s carbon capture, utilization and storage (CCUS) sector is entering a critical execution window, with major policy and commercial decisions taking shape ahead of Carbon Capture Canada … Read more

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Trump Says No Talks are Taking Place with Iran and None are Scheduled

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U.S. President Donald Trump on Tuesday said there were no conversations taking place with Iran, and none were scheduled, adding that the Strait of Hormuz was open. “There are no talks or conversations going on, or scheduled, with the Islamic Republic of Iran. The Naval Blockade remains in full force and effect. The Hormuz Strait … Read more

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Oil Prices at Near Three-Week High as US-Iran Peace Hopes Fade

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Summary US WTI crude futures hit highest since July 31 Trump responds to Iran-Oman talks with threats to bomb Oman Analysts expect deal uncertainty to support prices (Reuters) – Oil prices traded slightly higher ​for a third session on Tuesday as prospects receded for a deal to end the Middle ‌East war, with Iran saying … Read more

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TRUMPED: Hormuz Strait to Remain Shut Until U.S. Meets Interim Deal Conditions, Iran Says

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The Strait of Hormuz will remain shut until the U.S. meets the conditions of an interim deal signed with Iran in June, the top Iranian negotiator Mohammad Baqer Qalibaf said in comments published by state media on Tuesday. These conditions include the U.S. liftingits blockade of Iranian ports, lifting oil sanctions,releasingTehran’s frozen assets, and ending … Read more

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Proposed Canadian Crude Oil Pipeline Projects – See Them Here

A series of new Canadian crude oil export pipeline projects could help the world’s fourth-largest oil producer meet global demand and come closer to achieving Prime Minister Mark Carney’s “energy superpower” ambition. At least six different pipeline projects are underway or proposed, which together could increase the country’s export pipeline capacity by 2.25 million barrels … Read more

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Vessel Struck by Unknown Projectile in Strait of Hormuz, Crew Casualty reported, UKMTO Says

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The United Kingdom Maritime Trade Operations (UKMTO) received a report on Tuesday that a vessel was struck by an unknown projectile while transiting outbound in the Strait of Hormuz, causing engine room damage and a crew casualty, with the remaining crew being assisted by the Omani Coast Guard. No environmental impact has been reported and … Read more

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NEWS RELEASE: Rising Gas Prices Show Canadians Need Permanent Gas Tax Relief

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The Canadian Taxpayers Federation is calling on Prime Minister Mark Carney to cancel his planned Sept. 8 fuel tax hike after gasoline prices rose 25.7 per cent in July compared to last year, according to Statistics Canada. “Prices at the pump are still sky-high and Canadians can’t afford for Carney to make trips to the gas … Read more

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First Nations Lead Kino Aski LNG – A Major Canadian Energy Project

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MONTREAL, Aug. 17, 2026 /CNW/ — Kino Aski Inc. and Marinvest Energy Canada Inc. announced today the joint development of Kino Aski LNG, a First Nations–led energy corridor and liquefied natural gas (LNG) project designed to supply Europe with competitive, low–carbon Canadian energy. The project is based on an innovative partnership model where Kino Aski Inc. holds a majority … Read more

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Gasoline Price Rebound Pushes Canada Inflation Rate to 3%

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By Nojoud Al Mallees Canada’s inflation rate accelerated to 3% as the Middle East conflict pushed up gasoline prices, while core measures of price growth remained subdued. Prices at the pump rose at a 26% yearly pace in July, up from 21% in June, Statistics Canada reported on Monday. Excluding gasoline, the consumer price index … Read more

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THE RETHINK: Unprofitable Oil Hedges Spur a Rethink Among Canadian Producers

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In a bearish market, hedging is typically a first line of defence By Mia Gindis Canadian oil producers, burned by their hedging strategies as prices soared to multiyear highs, are following in the footsteps of United States shale firms and steering clear of the practice. Second-quarter investor calls show many firms operating in the oil-rich … Read more

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ANALYSIS – ALBERTA’S OIL SANDS: Where Do They Go From Here? A Look at the Next Chapter

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Growth, Discipline and Innovation Will Define the Next Chapter By EnergyNow Editorial Staff For most of their modern history, Alberta’s oil sands have been associated with one word, growth. Massive mines, multi-billion-dollar upgraders and enormous steam-assisted gravity drainage projects transformed northern Alberta into one of the world’s great energy-producing regions. But the next chapter of … Read more

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PERSPECTIVE: Canada’s Pipeline Ambitions Hinge on Uncertain Output Expansion

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Canadian pipeline firms are proposing billions of dollars in new projects despite oil sands companies being reluctant to commit to significant production expansions amid ongoing uncertainty around climate policies and long-term global demand. At least six different pipeline projects are underway or proposed in Canada, to move oil to the United States or to export … Read more

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BOOK YOUR SPACE: Position Your Company Within The Global Pipeline Industry | International Pipeline Conference & Expo 2026, September 21-25, Calgary

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Meet the Pipeline and Midstream Decision-Makers Shaping What Comes Next Over 90% sold out. Limited space remains available. North America’s pipeline sector is entering a pivotal new phase. With the proposed West Coast oil pipeline and its Indigenous equity framework advancing as a project of national interest, Enbridge investing $3.3 billion in expansion projects, Trans … Read more

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REGISTER NOW: Connect with the Leaders Shaping Canada’s CCUS Major Projects | Carbon Capture Canada, September 15-17, Edmonton

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  To Get a FREE Exibition Pass From EnergyNow (Value $50-$75) Use This Code: ENOWVIS100 When Registering Canada’s carbon capture sector is entering a defining phase as governments, project developers and industry focus on turning policy momentum and project ambition into commercial delivery. In July 2026, developers advanced a construction agreement on the Pathways Project, … Read more

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TSX Down More Than 50 Points Despite Commodity Gains, While U.S. Markets Slide

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Canada’s main stock index finished in negative territory, as gains from higher commodity prices were offset by broader losses, while U.S. markets were negative.
“Energy is a big reason why the TSX is doing a bit better as we’re seeing oil prices…

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LNG Tankers Appear to Transfer Fuel as Hormuz Tensions Persist

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By Sing Yee Ong and Stephen Stapczynski Two liquefied natural gas tankers appeared to be conducting a ship-to-ship transfer outside the Strait of Hormuz, according to satellite images seen by Bloomberg, as suppliers seek to keep fuel moving from inside the Persian Gulf to global markets. The LNG Enugu was docked near the city of … Read more

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Canadian Miner NexGen Energy Holds Talks with BHP as it Seeks $1 Billion for Uranium Project

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By Divya Rajagopal and Melanie Burton NexGen aims to secure funding within nine months via prepayment, debt and project equity BHP examined a possible NexGen acquisition last year, two sources told Reuters Rook I is targeted to start production by 2030 in the Athabasca basin ATHABASCA BASIN, Saskatchewan/MELBOURNE, Aug 17 (Reuters) – Canadian uranium miner … Read more

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NEW CHURCHILL FALLS DEAL to Generate More Power and Revenue for Newfoundland and Labrador

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New agreement worked out to replace 2024 Churchill Falls MOU Juanita Mercer, Abby Cole · CBC News Ottawa is calling it the largest clean energy investment in North American history. Prime Minister Mark Carney was in St. John’s Monday to announce a new agreement on Churchill Falls and other electricity projects in Labrador, alongside N.L. Premier Tony Wakeham … Read more

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COMMENTARY: Canada’s Move Away From Fossils Fuels Remains Greatly Exaggerated – Fraser Institute

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By Jock Finlayson The ongoing conflict in the Middle East has disrupted global markets for crude oil and liquefied natural gas (LNG), triggering worldwide price spikes and raising doubts about the reliability of the hydrocarbon-rich Middle East region as an energy supplier. These developments have also pushed up energy prices in Canada. On the domestic … Read more

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China Surprises Oil Markets Again with a Return to Stockpiling in July: Russell

China managed to add a small volume of crude oil to inventories in July, as weak refinery processing outweighed a sharp drop in imports. China’s surplus crude for July amounted to 210,000 barrels per day (bpd) and came after the world’s biggest oil importer drew on stockpiles in both May and June amid supply constraints … Read more

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INSIGHT: Oil Shock’s Bigger Problem is at the Refinery

(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.) By Yawen Chen (Reuters Breakingviews) – The oil crisis is becoming a tale of two barrels. Brent crude, at around $88 a barrel, is nearly a third below the $126 it touched at the height of the Iran war. Any peace deal, … Read more

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CanAsia Announces Entering into Definitive Agreement for the Sale of the Sawn Lake Heavy Oil Project in an All-Cash Transaction

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CALGARY, AB, Aug. 14, 2026 /CNW/ — CanAsia Energy Corp. (“CanAsia“) (TSXV: CEC) is pleased to announce that it has entered into a definitive share purchase agreement dated August 14, 2026 (the “Agreement“) with an arm’s length Alberta corporation (the “Purchaser”) pursuant to which the Purchaser has agreed to acquire all of the issued and outstanding shares of Andora Energy Corporation (“Andora“) … Read more

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Oil Rises on Iran War Stalemate; Near-Term Potential For Further Gains Seen Limited

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Summary Fewer ships through Strait of Hormuz after tanker attack reports Trump urges Americans to accept slightly higher gasoline prices UAE’s ADNOC sells at least 14 mln bbls crude ​in latest tender, traders say (Reuters) – Oil prices rose on Monday on a lack of progress ‌in diplomatic efforts to resolve the Middle East conflict, … Read more

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MICROWATT: The New Toolkit for Oil and Gas

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Non-destructive testing (NDT) has always been the backbone of asset integrity in oil and gas, but the tools used to find corrosion, cracking, and leaks are evolving quickly. A parallel wave of innovation is reshaping inspection itself: crawler-mounted sensor payloads, robotics for hazardous-area monitoring, AI platforms that orchestrate inspection data at scale, and handheld or … Read more

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Closing Gas Detection Gaps in Canada’s Energy Sector: Where Wireless Fixed-Point Detection Fits

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Why difficult-to-wire locations can become safety blind spots, and how wireless technology can help operators expand gas detection coverage Gas detection is a well-established part of industrial safety, particularly across oil and gas production, processing, pipelines, terminals and refining facilities. Yet even at sites with extensive fixed gas detection systems, gaps in coverage can develop. … Read more

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THE GEOTHERMAL OPTION: B.C.’s Overlooked Firm Power Option: What the Geothermal Evidence Shows – Resource Works

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From the Geoscience BC Energy Webinar, June 22, 2026 A geothermal site is under construction in Geretsried, Germany, Thursday, Sept. 19, 2024. (AP Photo/Matthias Schrader) By Resource Works More News and Views From Resource Works Here What geothermal is and why it matters for B.C. Geothermal energy draws heat from the Earth’s interior to generate … Read more

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Statistics Canada to Report How Rebounding Gas Prices Affected Inflation in July

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Statistics Canada is set to report fresh inflation figures for July this morning.
A poll of economists expects the annual rate of inflation ticked up to 2.9 per cent last month after cooling sharply to 2.8 per cent in June, according to LSEG Data & An…

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THE PERMIAN BASIN AT 2030: How Much Bigger Can America’s Greatest Oilfield Become? – Texas/New Mexico

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By EnergyNow Editorial Staff The Permian Basin has repeatedly proven forecasts of its decline premature. Stretching across West Texas and southeastern New Mexico, the Permian has become the centre of gravity of U.S. oil production and one of the most important petroleum regions in the world. But as the industry looks toward 2030, the question … Read more

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Conservatives Call for Extension of Temporary Gas Price Relief Until Next Summer

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Conservative Leader Pierre Poilievre says the federal government should give Canadians at least another 10 months of relief at the pumps.
The Liberals suspended the federal fuel excise tax in April in response to global price shocks sparked by the U….

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Evolution PowerX Corp Announces Record Results for the Second Quarter 2026

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St. Albert, Alberta — (Newsfile Corp. – August 13, 2026) – Evolution PowerX Corp. (TSX: E)(OTCQB: ETOLF) (the “Company” or “Evolution”). Evolution, a Canadian leading provider of site power systems, turbine electrification and infrastructure services, is pleased to announce its Q2 2026 results.       Three months June 30, 2026   Three months June 30, 2025   … Read more

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IRAN IN CONTROL: Iran Has Not Decided to Resume US Talks, says Hormuz Shipping depends on US Meeting Conditions

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Iran has not decided to resume talks with the United States, and messages being exchanged via Qatar and Pakistan do not amount to negotiations, Foreign Minister Abbas Araqchi said in an interview published on Saturday. Araqchi told Iranian news outlet Shahrara News that separate talks with Oman were focused on defining a sea route through … Read more

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Ottawa Weighs Whether to Extend Gas Tax Holiday Beyond Sept. 7

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Federal government says affordability concerns will factor into decision as temporary fuel-tax relief nears its end Ottawa has yet to decide whether it will extend its temporary fuel-tax holiday beyond September 7, as Canadians face the prospect of higher prices at the pump this fall. Federal Secretary of State Wayne Long said the government is … Read more

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Oil Climbs Over $1 on Tanker Attacks, No Progrees on Peace

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US says it can maintain naval blockade on Iran indefinitely Strait of Hormuz shipping traffic capped as US, Iran make rival claims UAE says Iran attacked two ADNOC vessels in Strait of Hormuz HOUSTON, Aug 14 (Reuters) – Crude oil futures climbed over $1 a ​berrel on Friday on tanker attacks and a lack of … Read more

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US Oil and Gas Rig Count Rises to Highest Since March 2025, Baker Hughes Says

(Reuters) – U.S. energy firms this week added rigs for the second time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The total oil and gas rig count, an early indicator of future output, rose by five to 593 in the week to August 14, its highest … Read more

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Houthis Say They Targeted Aramco in Saudi Arabia’s Najran With Drone

(Reuters) – Yemen’s Houthis said they targeted an Aramco facility in the Saudi city of Najran with a drone, the group-run SABA news agency reported on Friday, citing a military source. The source said the attack was in response to what it described as Saudi military aircraft violating Yemen’s sovereignty by entering airspace over the … Read more

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S&P 500 Energy Sector on Track for Biggest Weekly Gain Since October 2022

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The S&P Energy sector, leading the gainers among the 11 major sectors of the S&P 500 on Friday with 1.4% rise, is poised to notch its biggest one-week percentage gain since October 2022 Oil majors ExxonMobil and Chevron providing biggest boosts to SPNY on the session: XOM up 1.4%, CVX climbs 1.6% ** The index, … Read more

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Arrow Announces Alberta Property Acquisition

Producing property with upside potential August 14, 2026 2:00 AM EDT | Source: Arrow Exploration Corp. Calgary, Alberta–(Newsfile Corp. – August 14, 2026) – Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) (“Arrow” or the “Company“), the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, is pleased to announce a property acquisition in Alberta, … Read more

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Alberta’s AI Data Centre Gamble: Big Investment or Local Burden?

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New public sessions will address power, water and costs while Meta builds a $13 billion facility in Sturgeon County and local opposition becomes more visible By Daniel Trainer Original: financialpost.com/technology/alberta-ai-data-centre-investment-local-burden Alberta Premier Danielle Smith speaks during an announcement that Meta Platforms Inc. will invest $13 billion building a new data centre in Sturgeon County. The … Read more

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US Oil Growth Faces Headwinds as Shale Producers Cut Spending

By Kevin Crowley Some of the largest US oil companies are dialing back capital spending in the country’s shale basins as they use the windfall from high crude prices to boost shareholder returns and pay down debt rather than accelerate production growth. Chevron Corp. and ConocoPhillips cut capital expenditure in the Lower 48 by 10% … Read more

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RANKED: If U.S. States Were Countries, Texas Would Rank #4 in Oil Production – Visual Capitalist

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By Niccolo Conte | Editing Bruno Venditti | Design Tatiana Rusconi Key Takeaways Texas alone would rank fourth globally in crude oil production, behind only the U.S., Russia, and Saudi Arabia. New Mexico would rank 12th, producing more crude oil than Kazakhstan, Norway, Mexico, and Nigeria. Even smaller U.S. producers stand out globally, with Wyoming … Read more

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Gas Price Rebound Expected to Send Inflation Higher in July

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Economists expect inflation edged higher in July as consumers were getting whiplash at the gasoline pumps.
Statistics Canada is set to provide a look at the consumer price index for July on Monday.
A Reuters poll of economists expects annual inflation…

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Oil Set for Weekly Gains After US Threatens Indefinite Blockade of Iran

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Summary US says it can maintain naval blockade on Iran indefinitely Hormuz shipping traffic capped as US and Iran make rival claims UAE says Iran attacked two ADNOC vessels in Strait of Hormuz (Reuters) – Oil prices rose on Friday and were on track ‌for weekly gains after the United States threatened an indefinite naval blockade … Read more

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Ensign Energy Services Inc. – Announces the Closing of the Acquisition of Citadel Drilling Ltd.

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CALGARY, AB, Aug. 13, 2026 /CNW/ — Ensign Energy Services Inc. (“Ensign”) is pleased to announce that it has completed the acquisition of all of the issued and outstanding shares of Citadel Drilling Ltd. for consideration of US$65 million (subject to adjustments). All closing conditions were satisfied. Ensign funded the purchase price with cash on hand and … Read more

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DEAL OR NO DEAL? Quebec Media is Reporting New Churchill Falls Deal is Imminent

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Newfoundland Premier Tony Wakeham says progress has been made, but no new agreement is in place yet By Gary Kean Despite media reports coming out of Quebec that a new Churchill Falls memorandum of understanding has been reached with that province, the government of Newfoundland and Labrador insists no agreement is in place yet. According … Read more

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COMMENTARY: It’s Time to Finally Reform Canada’s Equalization Program – Tegan Hill

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By Tegan Hill Premier Danielle Smith is pushing for equalization reform—the federal program that (in theory) redistributes money from “have” provinces such as Alberta to deemed “have not” provinces including Quebec and provinces in Atlantic Canada to help them provide government services. Smith argues that Albertans shouldn’t overcompensate other provinces but rather should only “equalize to the point of need.” Seems … Read more

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Retrofitting Atlantic Canada’s Buildings to Achieve Net Zero Will Cost Staggering $240 Billion

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Nova Scotia, New Brunswick and Newfoundland and Labrador have targets to reach net-zero emissions by 2050, while Prince Edward Island is aiming for 2040 By Glenn MacDonald Retrofitting Atlantic Canada’s aging homes, apartment and office buildings could become an important tool for the region to reach net-zero emissions over the next two decades. It also … Read more

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Asia Wants More Canadian Oil, But Alberta’s Only Pipeline to the Coast is Running Out of Room

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Demand has climbed since the Strait of Hormuz was disrupted in February, with Asian buyers who can no longer count on Persian Gulf oil turning to Canada instead By Graison Foster The federal Crown corporation that owns Alberta’s only pipeline to the Pacific Ocean wants to reserve more space for companies that sign long-term contracts, … Read more

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Are Global Oil Stocks Big Enough to Weather Another Six Months of US-Iran War?

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As the U.S.-Iran war drags on with no end in sight, oil traders and policymakers are grappling with a critical question: are global oil stocks enough to offset what could become the biggest supply disruption on record? The answer is far from clear, depending not only on how much oil remains in storage, but also … Read more

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US Can Keep Naval Blockade on Iranian Ports “Indefinitely,” Pentagon Chief Says

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(Reuters) – The U.S. military has enough assets to maintain a naval blockade of Iran indefinitely, Defense Secretary Pete Hegseth said on Thursday, adding ships could be rotated in and out of the region as needed. Hegseth’s comments suggest he is advising U.S. President Donald Trump that the U.S. military can keep applying economic pressure … Read more

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NEW EPISODE #14: WATCH: 3 MINUTE HISTORY CANADA – The National Energy Program – Trudeau’s Energy Bomb on Alberta

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3 Minute History Canada hits the most controversial chapter yet. This week’s episode breaks down the 1980 National Energy Program — Trudeau’s sweeping plan for price controls, export taxes, and Canadianization that triggered Alberta’s fury, production cuts, recession, and the birth of Western alienation. Created by historian and energy analyst Tammy Nemeth, each three-minute episode … Read more

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ADNOC UNBOUND: War, OPEC Exit Launch Emirates Oil Giant on Quest for Growth

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By Florence Tan, Chen Aizhu and Siyi Liu War disruption drives spot sales, more flexible terms – traders ADNOC has sold at least 94 mln barrels in spot market since June UAE has gained Asia market share among Middle East producers ADNOC expanding fleet, using shuttle system to ship oil SINGAPORE, Aug 13 (Reuters) – … Read more

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FEATURE: Saskatchewan’s New Subsurface Economy: Helium, Lithium and Natural Hydrogen

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Decades of oil and gas exploration have given Saskatchewan something increasingly valuable beyond petroleum: an enormous body of subsurface knowledge, an experienced drilling and service sector, established infrastructure and a regulatory system built around putting wells thousands of metres underground. Now those capabilities are being redeployed to develop entirely different resources, particularly helium, lithium and … Read more

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AI Boom and Energy Shift Drive Strong Demand for Freight Firms

By Brendan Murray Three workhorses of global goods trade indicated demand remains solid as the artificial intelligence boom and energy transition help the world economy absorb shocks stemming from extreme weather, wars and tariffs. A.P. Moller-Maersk A/S, the world’s second-biggest container carrier, raised its full-year outlook for the second time in seven weeks, crediting higher … Read more

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Argo’s June Oil Production

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Toronto, Ontario–(Newsfile Corp. – August 13, 2026) – Argo Gold Inc’s. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) (“Argo” or the “Company“) June 2026 oil production was 2,159 barrels, averaging 72 barrels per day. Oil prices averaged CAD$84 per barrel, and Argo’s oil revenue was $181,184 and net operating cash flow was $116,962. June … Read more

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Tidewater Midstream and Infrastructure Ltd. announces second quarter 2026 results, operational update, and increase to 2026 financial guidance

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CALGARY, AB, Aug. 13, 2026 /CNW/ — Tidewater Midstream and Infrastructure Ltd. (“Tidewater” or the “Corporation” when referring to the consolidated group, and “Tidewater Midstream” when referring to the legal entity) (TSX: TWM) has filed its consolidated interim financial statements and Management’s Discussion and Analysis (“MD&A”) for the three and six months ended June 30, 2026. Second Quarter 2026 … Read more

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InPlay Oil Corp. Announces Second Quarter 2026 Financial and Operating Results

CALGARY, AB, Aug. 13, 2026 /CNW/ — InPlay Oil Corp. (TSX: IPO) (TASE: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) is pleased to announce its financial and operating results for the three and six months ended June 30, 2026. InPlay’s unaudited interim financial statements and notes, and Management’s Discussion and Analysis (“MD&A”) for the three and six months ended … Read more

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COMMENTARY: The US Says More Oil is Leaving the Middle East, But is it Really?: Russell

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  Just how much crude oil is leaving the Strait of Hormuz? U.S. Energy Secretary Chris Wright claims almost nine million barrels per day, but the companies that track vessel movements say at best it is about half this volume. The amount of crude leaving the Middle East via the narrow chokepoint matters, as it’s … Read more

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Birchcliff Energy Ltd. Announces Strong Q2 2026 Results, Increased 2026 Production Guidance and New Malin Natural Gas Market Diversification

CALGARY, Alberta, Aug. 12, 2026 (GLOBE NEWSWIRE) — Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its Q2 2026 financial and operational results, updated 2026 guidance and the addition of the Malin hub to its natural gas marketing portfolio. Birchcliff is also pleased to announce that its board of directors (the “Board”) … Read more

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Prairie Provident Resources Announces Second Quarter 2026 Results

CALGARY, Alberta, Aug. 12, 2026 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident” or the “Company”) (TSX:PPR) announces its financial and operating results for the second quarter of 2026. The Company’s interim financial statements for the three and six months ended June 30, 2026, and related Management’s Discussion and Analysis (“MD&A”) are available on the … Read more

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Pine Cliff Energy Ltd. Announces Second Quarter 2026 Results, and Capex Guidance Update

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Calgary, Alberta–(Newsfile Corp. – August 12, 2026) – Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) (“Pine Cliff” or the “Company”) announces its second quarter 2026 financial and operating results, and an update to its capex guidance for 2026. Second Quarter 2026 Summary Highlights Generated $5.9 million ($0.02 per basic and fully diluted share) and $15.5 million ($0.04 per basic … Read more

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Oil Slips on Weaker Demand Outlook and Higher US stocks Amid Supply Disruptions

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Summary Brent, WTI down nearly 2% Iran says no progress on reviving interim peace deal with US Both IEA and OPEC lower 2026 oil demand forecasts (Reuters) – Oil prices declined on Thursday as investors assessed prospects for weaker ‌global demand this year and higher U.S. crude stocks, while prices found support from a lack … Read more

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COMMENTARY: Carney Wants to ‘Catalyze’ Investment by Deploying Capital From Parliament Hill

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By Alex Whalen Let there be no doubt, Mark Carney’s government is focused on catalyzing. You should be forgiven if you’ve never heard this wonky insider term before. According to Cambridge, to catalyze is “to make something start happening or start being successful.” Catalysis could barely be found in budgets under Justin Trudeau, but a variant of … Read more

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Trump Says US Has ‘Total Control’ Over Strait of Hormuz

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(Reuters) – U.S. President Donald Trump on Wednesday said the United States in is control of the Strait of Hormuz. “The U.S.A. has total control over the Strait of Hormuz. I THINK WE WILL KEEP IT! Our Naval Blockade is being called, by everyone, “A WALL OF STEEL,” and there is nothing Iran can do … Read more

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THE BIG TURNAROUND: Alberta Sees $3.8B Surplus Due to High Oil Prices, Economist Estimates

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“It doesn’t take a big move in oil prices to have dramatic impacts on government’s bottom line,” Tombe said This Artical and More From Cindy Tran Here Experts estimate the Alberta government has likely accumulated billions in surplus this fiscal year-to-date as crude oil prices remain high. Trevor Tombe, an economics professor at the University … Read more

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CLEAN TECH DELAYS: Why Canada’s Clean Technology Tax Credit is Facing Delays

Watch: Between June 2024 and March 2026, the CRA processed only 396 of 1,261 clean-tech tax claims By Daniel Trainer Original: financialpost.com/commodities/energy/renewables/canadas-clean-technology-tax-credit-facing-delays Canada’s clean technology tax credit is meant to attract investment in new wind, solar and other low-emission projects. But a growing federal backlog is leaving developers waiting for cash refunds. We look at … Read more

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Journey Announces Disposition of Assets

Calgary, Alberta–(Newsfile Corp. – August 12, 2026) – Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) (“Journey” or the “Company“) is pleased to announce it has entered into a definitive agreement to sell certain Northwest Alberta assets. Journey has entered into a definitive agreement with a private company for the disposition of certain Northwest Assets (the … Read more

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Chevron Announces Leadership Changes

Navin Mahajan to retire after nearly 30 years with the company Uriel “Ose” Oseguera named Treasurer of Chevron HOUSTON–(BUSINESS WIRE)–Chevron Corporation (NYSE: CVX) today announced the election of Uriel “Ose” Oseguera as Treasurer, effective November 1, 2026. Oseguera succeeds Navin Mahajan, who will retire from Chevron after nearly 30 years of service. As Treasurer, Oseguera … Read more

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Huge Oil Slick Hitting Oman’s Shoreline as Agencies Warn of Disaster

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By Jonathan Saul and Catherine Cartier Slick grown exponentially since end-July, Greenpeace says IOPC Funds will not cover clean-up citing ‘act of war’ U.N.’s IMO says contingency planning in place Tanker held 800,000 barrels of Russian oil, was under sanctions LONDON, Aug 12 (Reuters) – A vast oil spill from a leaking tanker has started … Read more

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Oil Supply Shortfall Worsens Despite Hit to Demand From Iran War, Says IEA

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World faces a shortfall of 1.8 million barrels a day this quarter By Grant Smith Global oil markets are undergoing a more severe supply squeeze than expected following renewed escalation in the Iran war, even as demand takes a deeper hit from higher prices, the International Energy Agency (IEA) said. The world faces a shortfall … Read more

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PIPELINE SUMMER – Natural Gas and Oilsands – A Power Combo for Energy Security Gets Pipeline Promises – Maureen McCall

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  By Maureen McCall The summer of 2026 may go down in history as “pipeline summer” due to the large number of plans for new pipelines or expansions. It started with a hopeful spring. In April, the federal government announced approval of Enbridge Inc.’s $4-billion Sunrise natural gas pipeline project in British Columbia. By May, not only … Read more

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Cavvy Energy Releases Q2 2026 Financial and Operating Results, Provides Operational Update, and Increases 2026 Guidance

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Record Sulphur Revenues Contribute to a NOI Increase of 87% Year Over Year, $39 Million of Debt Repayment, and Improved Financial Guidance Not For Distribution to United States News Wire Services or Dissemination in United States CALGARY, Alberta, Aug. 11, 2026 (GLOBE NEWSWIRE) — Cavvy Energy Ltd. (“Cavvy” or the “Company”) (TSX:CVVY) is pleased to announce its … Read more

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Saudi Red Sea Oil Exports Go Dark as Houthi Attack Threat Grows

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Summary All recent Yanbu crude loadings conducted without AIS signals Dark voyages create wide discrepancies in Saudi export estimates Saudi crude loadings from Egypt’s Sidi Kerir hit record: Vortexa LONDON, Aug 12 (Reuters) – Saudi crude exports from the Red Sea are increasingly vanishing ​from view as tankers switch off tracking signals to avoid attacks … Read more

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IEA Slashes 2026 Supply Forecast as Hormuz Reopening Remains Elusive

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Summary IEA sees 1.8 million bpd oil market deficit in Q3 Sees 2026 global oil demand contracting by 1.6 million bpd Middle East output 8.3 million bpd below pre-war levels in July Russian refinery runs hovered near 20-year low after Ukrainian drone attacks, IEA says (Reuters) – Global oil ​supply will fall by 4.3 million … Read more

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OPEC Further Lowers 2026 Global Oil Demand Growth Forecast

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OPEC ‌on Wednesday lowered its forecast for world oil ​demand growth in ​2026 to 580,000 barrels per ⁠day, a copy ​of its monthly report showed, ​marking the fourth straight downward revision. The producer group continues ​to see a smaller ​impact on consumption since the ‌Iran ⁠war started than other forecasters such as the International Energy … Read more

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Oil Prices Rise After Ship Attacks, US-Iran Talks Deadlock

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Summary Brent and WTI rose $1/bbl earlier in the session US and Houthis attack ships in Gulf, Red Sea straits US crude inventories rise, refined fuels draw, industry data shows (Reuters) – Oil prices ​rose in volatile trade on Wednesday after attacks on two ships reinforced worries about ‌disruptions to Middle East supplies and as … Read more

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REGISTER NOW! 11th Annual Energy Storage Canada Conference – Canada’s Energy Storage Moment Is Approaching – Sept 22-23, Toronto, ON

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As projections for electricity demand rise across Canada, energy storage is increasingly central to conversations related to grid reliability and affordability, industrial growth and economic competitiveness. The ENERGY STORAGE CANADA (ESC) Conference 2026, The Storage Advantage, hosted by Energy Storage Canada, marks a pivotal moment for the sector. Bringing together policymakers, utilities, developers, investors, Indigenous … Read more

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Peyto Reports Second Quarter 2026 Results

CALGARY, Alberta, Aug. 11, 2026 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto” or the “Company”) is pleased to report its operating and financial results for the second quarter of 2026. Q2 2026 Highlights: Peyto delivered second quarter production volumes of 145,320 boe/d (758.2 MMcf/d of natural gas, 18,959 bbls/d of NGLs), a 10% … Read more

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Bonterra Energy Announces Second Quarter 2026 Results and Operations Update

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CALGARY, Alberta, Aug. 11, 2026 (GLOBE NEWSWIRE) — Bonterra Energy Corp. (TSX: BNE; OTCID: BNEFF) (“Bonterra” or the “Company”), a Calgary based oil and gas producer, is pleased to announce its financial and operating results for the three and six months ended June 30, 2026. Bonterra delivered record quarterly production of 16,828 barrels of oil equivalent (“BOE”) per … Read more

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Stampede Drilling Inc. Confirms it Has No Drilling Rig in Greenland

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CALGARY, AB, Aug. 11, 2026 /CNW/ — Stampede Drilling Inc. (“Stampede” or the “Corporation”) (TSXV: SDI) confirms that its drilling rig which has been undergoing upgrades for potential deployment to Greenland in support of Greenland Energy Company’s (NASDAQ: GLND) (“Greenland Energy”) drilling program in the Jameson Land Basin remains in Canada and has not arrived in Greenland. … Read more

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Logan Energy Corp. Announces Second Quarter 2026 Results and Provides an Operations Update

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CALGARY, AB, Aug. 11, 2026 /CNW/ — Logan Energy Corp. (TSXV: LGN) (“Logan” or the “Company“) is pleased to announce its operating and financial results for the three and six months ended June 30, 2026, and to provide an operations update. Selected financial and operational information set out below should be read in conjunction with the Company’s unaudited condensed interim … Read more

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Lycos Energy Inc. Announces Q2 2026 Results and Operations Update

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Calgary, Alberta–(Newsfile Corp. – August 11, 2026) – Lycos Energy Inc. (TSXV: LCX) (“Lycos” or the “Company“) is pleased to announce its operating and financial results for the three and six months ended June 30, 2026. Selected financial and operating information is outlined below and should be read with Lycos’ unaudited condensed interim consolidated financial statements and related … Read more

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Ukraine’s Attacks on Russian Energy Sites – What Has Been Hit?

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Ukrainian forces have stepped up strikes on Russian energy infrastructure and other sites in what Kyiv says is an effort to deprive Russia of resources to fund its military. Following is a summary of the attacks — starting with the most recent — and their impact: ORSK The Ukrainian military said on Tuesday it had … Read more

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Gulf Shipping Traffic via Strait of Hormuz Falls to Six Vessels

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Shipping traffic through the Strait of Hormuz fell to six on Monday, compared with a 10-day average of about 11 vessels, shipping data showed, amid fading hopes of a peace deal between the U.S. and Iran. Four commodity vessels, including two empty oil product tankers, entered the waterway, data from Kpler showed on Tuesday as … Read more

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Oil Pares Gains as Traders Weigh Oman-Iran Talks

Summary Brent and WTI hit highest since July 31 Hopes for Hormuz deal fade as Trump demands Iranian reparations Gulf shipping traffic via Strait of Hormuz falls to six vessels Cargo ship attacked in the Red Sea, sources say Aug 11 (Reuters) – Oil prices pared gains on Tuesday after hitting their highest for more … Read more

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FEATURE: Power for B.C.’s Hardest Days – Resource Works

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BC Hydro’s acquisition of a Campbell River natural gas plant highlights a modern grid reality: even a clean energy transition needs dependable back-up when demand peaks. By Ian Biana From left, B.C. Hydro’s Ajay Kumar, B.C. Energy Minister Adrian Dix and Campbell River Mayor Kermit Dahl at the Island Generation power station. Kermit Dahl spends … Read more

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These Two Calgary Pipeline Companies are Eyeing Growth as Profits Soar

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Both South Bow Corp. and Keyera Corp. saw profits spike in their latest results By Steven Wilhelm Two Calgary-based pipeline operators are looking to grow after reporting a sharp increase in profits during the spring quarter, though their expansion plans differ in scale and certainty. South Bow Corp. aims to turn increasing producer demand into … Read more

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COMMENTARY: Alberta Ground Zero for Canada’s Decade-Long Investment Crisis – Fraser Institute

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By Steven Globerman It’s widely acknowledged among policy analysts that Canada’s stagnant investment performance, which began around 2014, has hurt productivity and living standards. Less discussed is the substantial disparity in investment performance among provinces since 2014 and particularly the sharp decline in energy-producing provinces such as Alberta. One way to measure investment is to … Read more

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A ROBERTS BANK “REVIEW” – Proposed Roberts Bank Oil Terminal Would Build on Expanded West Coast Marine Safety System

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Project being assessed by federal Major Projects Office for potential fast-tracking By Will Gibson View from the bridge of an oil tanker transiting B.C. waters. Photo courtesy BC Coast Pilots/Trans Mountain Corporation Having lived near the sea for almost all of her life, Bonnie Gee has a clear view of both the opportunities and risks … Read more

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Sargeant Said to Exit Venezuela Oil Stake Amid Pressure Campaign

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By Bloomberg News Harry Sargeant III, a Florida energy tycoon who served as a longtime back channel between Washington and Caracas, agreed to sell his interests in Venezuela’s second-largest oil producer following a pressure campaign to force him out. Sargeant on Friday signed a $300 million deal to sell his offshore company, Bluewave Properties Ltd., … Read more

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Trump Says the US Has Swept Strait of Hormuz for Mines

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(Reuters) – President Donald Trump said on Monday that the United States controls the Strait of Hormuz and had swept the strategic oil waterway for Iranian mines. “Look, the only one that has control of the Strait of Hormuz right now is the United States Navy,” Trump told reporters in the Oval Office. “We’ve mine … Read more

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Diesel Prices Surge on Tightening Global Supply

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(Reuters) – U.S. and European diesel prices rose sharply on Monday after attacks on refineries in Russia and Saudi Arabia added to supply disruptions, raising concerns for farmers in need of the fuel for the planting season in the Northern Hemisphere and harvesting season in the Southern Hemisphere. The U.S. ultra-low sulfur diesel futures contract … Read more

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The Canada-U.S. Relationship: Despite Trump’s Tirades, Most Americans Positive About Northern Neighbours

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A sizable minority (45%) of Canadians view the American people positively despite widespread detestation of their commander-in-chief — but the feeling is not mutual. Four-in-five Americans (79%) say they view Canadians favourably, and most say Washington should be approaching Canada as a friend, not a foe. READ THE FULL REPORT 

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Energy Stocks Lift TSX Into Positive Territory as Oil Prices Rise

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Canada’s main stock index climbed on Monday, helped by gains in the energy sector, while U.S. markets were negative.
The S&P/TSX composite index was up 77.10 points at 36,458.33. Oil prices rose on uncertainty about when the Strait of Hormuz could reo…

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AI’s Volatile Power Demand Is Damaging Its Own Data Centers

Equipment failures suggest unforeseen costs and reliability issues at the multibillion dollar facilities. By Naureen S Malik Rapid swings in AI data centers’ power demands are straining vital equipment, causing batteries, generators and cooling systems to malfunction or wear out far sooner than expected. As the AI boom accelerates, these technical problems suggest added costs … Read more

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Trump’s Low-Key Pivot Leaves Hormuz Oil in Limbo

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The US President is betting he can wait Iran out, prolonging uncertainty for oil markets. By Grant Smith In just over a week, Donald Trump has shifted from touting an imminent peace deal with Iran to adopting a “low key” attitude to negotiations. The US President signaled this weekend that he’s prepared to let economic … Read more

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Rubellite Energy Corp. Reports Second Quarter 2026 Financial and Operating Results, and Provides Operations and 2026 Guidance Update

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CALGARY, AB, Aug. 10, 2026 /CNW/ — Rubellite Energy Corp. (“Rubellite” or the “Company”), is pleased to report its second quarter 2026 financial and operating results and provide an operations and 2026 guidance update. Select financial and operational information is outlined below and should be read in conjunction with Rubellite’s unaudited condensed consolidated interim financial statements and related Management’s … Read more

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COMMENTARY: China is Balancing Asia’s Crude Oil Demand by Itself: Russell

China is singlehandedly doing the heavy lifting of cutting crude oil demand in Asia to compensate for reduced shipments from the Middle East as a result of the Iran war. The world’s biggest oil importer reported arrivals of 8.41 million barrels per day (bpd) in July, up from the near decade low of 7.12 million … Read more

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Oil Edges Higher as Iran Tempers Hopes of Swift Hormuz Reopening

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(Reuters) – U.S. energy firms left the overall rig count unchanged in the latest week, energy services firm Baker Hughes said in its closely followed report on Friday. The total oil and gas rig count, an early indicator of future output, held at 588 in the week to August 7 from the previous week. Baker … Read more

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COMMENTARY: Hot Air and Fires in Ontario Mean its Climate Panic Time in Central Canada: That’s Never Good News for Supporters of Conventional Energy Production – Jim Warren

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By Jim Warren Here we go again. After a spell of hot weather and an unusually large number of forest fires in Ontario, Central Canada’s hand wringers have once again hit the panic button. As per usual, the troubles of Toronto dominate mainstream media newscasts. Reports about smoke and uncomfortable weather conclude by blaming it … Read more

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THE NEW COMPETITIVE ADVANTAGE IN ENGINEERING: Technical Expertise is Expected. Communication is What Sets Firms Apart – Learn More

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If there is one constant in today’s energy industry, it’s change. Across North America, infrastructure investment is accelerating. New power generation, transmission, pipelines, facilities, carbon management projects, industrial expansion, and electrification initiatives are reshaping the landscape. At the same time, owners are being asked to deliver more, faster, with greater technical complexity and tighter project … Read more

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Improve Confidence in Level Measurement: Jerguson Dual-Technology Webinar Tuesday August 18: Details & Sign-Up Here

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Reliable level measurement is critical to process safety, operational efficiency and informed decision-making. But relying on a single measurement technology can sometimes leave operators without the level of verification they need—particularly in demanding process applications. On Tuesday, August 18, 2026, Westech Industrial’s manufacturing partner Clark-Reliance will host a technical webinar exploring how Jerguson magnetic level … Read more

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The Human Factor in Infrastructure Monitoring: Why Visual Context Still Matters in a Data-Driven Industry

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By John Vellone AXIS D2123-VE radar and strobe solution monitoring a solar field It is 2:17 a.m. at a remote electrical substation. A temperature sensor reports an unusual rise near a transformer, while the supervisory control and data acquisition system shows that load remains within its normal range. The alert reaches an operator hundreds of kilometres … Read more

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First Nations Chiefs in B.C. Call on Carney, Smith, to Halt Pipeline Advancement

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A group that represents numerous First Nations across British Columbia is calling on Ottawa and Alberta’s government to halt efforts to advance the West Coast pipeline, saying expanding the oil industry will accelerate climate change and disasters.
“T…

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COMMENTARY: First Nation Agreement Reaffirms Indigenous Veto Power in B.C.

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By Julio Mejía and Tegan Hill Premier David Eby’s government recently signed an agreement with the Simpcw First Nation establishing approval conditions for Yellowhead, a proposed copper mine in central British Columbia—effectively granting Simpcw veto power over the project. While the government touted the agreement as a Declaration on the Rights of Indigenous Peoples Act (DRIPA) success … Read more

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COMMENTARY: AI Data Centre Opposition Elsewhere Creates Opportunity for Alberta – Yogi Schulz

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  By Yogi Schulz Opposition to AI data centres is growing in many US states and a few Canadian provinces. Sadly, the concerns are mostly based on misunderstanding and misinformation. This unfortunate situation increases Alberta’s opportunity to attract the economic benefits AI data centres represent, perhaps even beyond the $100 billion goal that the province … Read more

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THE OTHER SIDE OF THE PIPELINE: It Goes Both Ways – Canada Needs U.S. Oil and Gas Too

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By EnergyNow Editorial Staff Canada is an energy-exporting powerhouse, but parts of the country remain surprisingly dependent on American crude oil, natural gas, condensate and refined fuels EnergyNow recently examined President Donald Trump’s claim that the United States does not need Canadian energy.  View that article here. The evidence in that article strongly contradicts that … Read more

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Premier Ford Calls on Prime Minister Carney to Extend Gas Tax Cut or Make it Permanent

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Ontario Premier Doug Ford is urging Prime Minister Mark Carney to make a gas tax suspension permanent, or at least extend it beyond its looming expiry.
Carney announced in April that the government would pause collection of the federal fuel excise tax…

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Iran Says Oman Deal is in ‘Final Stages’ But US Must Act to Open Hormuz 

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Iran says Oman deal is in ‘final stages’ but US must act to open Hormuz Iran said on Sunday that a deal with Oman defining new shipping lanes in the Strait of Hormuz was in its final stages but reiterated that the strait would only reopen once the United States met other conditions. A U.S. official … Read more

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CANADA’S GREEN TAXONOMY: Another Stealth Assault on Energy Capital – Tammy Nemeth

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  By Tammy Nemeth While Ottawa talks about making Canada an energy superpower, a quiet bureaucratic project is advancing that will make it harder, and more expensive, for the energy sector to access the capital it needs. Business Future Pathways and the Canadian Taxonomy and Transition Planning Council have released a draft “green” taxonomy that … Read more

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Iran Says Deal on Strait of Hormuz is Close But Will Not Open the Waterway by Itself

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Iran says deal on Strait of Hormuz is close but will not open the waterway by itself Iran said on Saturday that a deal with Oman on control of the Strait of Hormuz was close but would not be enough to free up the waterway, and the United Arab Emirates said Iran had hit another … Read more

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Oil Price Uncertainty as Negotiations Continue

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Summary Brent heads for weekly loss of more than 8% Cargo vessels could face fees under Iran draft plan Drone attacks reduce July CPC oil loadings by a fifth, sources say (Reuters) – Brent crude oil climbed more than $1 a barrel on Friday ​over ongoing uncertainty about the negotiations in progress that determine control … Read more

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UAE Says Iran Attacked ADNOC Vessel With Missile in Strait of Hormuz

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  (Reuters) – The United Arab Emirates on Saturday condemned what it said was an Iranian attack on a carrier linked to its state oil company ​as it passed through the Strait of Hormuz, accusing Tehran of “acts of piracy”. State ‌news agency WAM initially reported ADNOC as saying one of its vessels had been … Read more

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Middle East Buyers Interested in LNG Cargoes From Canada, Pacific Energy Says

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(Reuters) – Buyers in the Middle East are looking to secure liquefied natural gas from Canada as a hedge against geopolitical turmoil, the president of the company that majority-owns Canada’s Woodfibre LNG project said. Ratnesh Bedi, president of Singapore-based Pacific Energy — which owns a 70% stake in the Woodfibre project currently under construction on … Read more

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Norway Will Speed Up Onshore Wind Power Developments, Government Says

By Nora Buli OSLO, Aug 7 (Reuters) – Norway’s government on Friday presented plans to cut red tape and shorten processing of applications to build new onshore ​wind power plants and transmission lines, amid concerns that a ‌slow buildout in recent years could curb economic activity. The Labour Party government aims to cut in half … Read more

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US Official: We Expect a Deal Soon Between Iran and Oman on Strait of Hormuz

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(Reuters) – Progress is being made between Iran and Oman on the Strait of Hormuz and “we expect a deal soon,” a U.S. official told Reuters on Friday. Once a deal is announced to restore commercial shipping without impediments, the United States will lift its blockade of Iranian ports, the official said. “There is progress … Read more

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US Energy Firms Leave Rig Count Unchanged in Latest Week, Baker Hughes Says

(Reuters) – U.S. energy firms left the overall rig count unchanged in the latest week, energy services firm Baker Hughes said in its closely followed report on Friday. The total oil and gas rig count, an early indicator of future output, held at 588 in the week to August 7 from the previous week. Baker … Read more

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Saturn Oil & Gas Inc. Announces Compulsory Acquisition for the Common Shares of Burgess Creek Exploration Inc. Following Expiry of the Offer

Calgary, Alberta–(Newsfile Corp. – August 7, 2026) – Saturn Oil & Gas Inc. (TSX: SOIL) (OTCQX: OILSF) (“Saturn” or the “Company“), a light oil-weighted producer focused on unlocking value through the development of assets in Saskatchewan and Alberta, is pleased to provide an update on the previously announced offer (the “Offer“) by Saturn to purchase … Read more

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Ensign Energy Services Inc. Reports 2026 Second Quarter Results

  CALGARY, AB, Aug. 7, 2026 /CNW/ — FINANCIAL HIGHLIGHTS (Unaudited, in thousands of Canadian dollars, except per common share data) Three months ended June 30 Six months ended June 30 2026 2025 % change 2026 2025 % change Revenue $  397,329 $  372,415 7 $  815,362 $  808,926 1 Adjusted EBITDA 1 85,833 81,354 6 180,675 183,737 (2) Adjusted EBITDA per … Read more

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Calfrac Reports Second Quarter 2026 Results

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CALGARY, Alberta, Aug. 06, 2026 (GLOBE NEWSWIRE) — Calfrac Well Services Ltd. (“Calfrac” or “the Company”) (TSX: CFW) announces its financial and operating results for the three and six months ended June 30, 2026. The following press release should be read in conjunction with the management’s discussion and analysis and interim consolidated financial statements and notes thereto … Read more

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Petrus Resources Announces Second Quarter 2026 Financial and Operating Results

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CALGARY, Alberta, Aug. 06, 2026 (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 six months ended June 30, 2026. Q2 2026 HIGHLIGHTS: Operating netback up 92%(2) – Operating netback increased 92% to $24.9 million ($24.73/boe) in the second quarter … Read more

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Pulse Seismic Inc. Appoints Pamela Wicks as President and CEO

CALGARY, Alberta, Aug. 06, 2026 (GLOBE NEWSWIRE) — Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) announces a CEO transition effective August 6, 2026. Pamela Wicks, CPA, ICD.D, currently Vice President, Finance and Chief Financial Officer, has been appointed President and Chief Executive Officer of the Company. “As Pulse’s longest tenured executive, Pamela brings … Read more

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Oil Prices Drop as Investors Weigh Potential Hormuz Deal Between Iran, Gulf States

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Summary Benchmarks head for weekly losses of about 9% Cargo vessels could face fees under Iran draft plan US non-farm payrolls report due on Friday (Reuters) – Oil prices edged lower on Friday as investors weighed ​signals that Gulf states and Iran were closing in on a deal to reopen the Strait of ‌Hormuz under … Read more

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COMMENTARY: The Royalties and Taxes Being Paid by the Canadian Upstream Sector are Nothing Short of Spectacular – William Lacey

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Money, Money, Everywhere By William Lacey With Q2 financial reporting now behind us for the Big 4 oil and gas producers in Canada, namely Canadian Natural Resources, Cenovus Energy, Imperial Oil and Suncor Energy, I thought it would be useful to post a few charts on what the companies have paid in terms of royalties and … Read more

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INSIGHT: $312.4 BILLION REASONS Why Albertans Deserve a New Deal to Reform Federal-Provincial Fiscal Relations – Lennie Kaplan

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By Lennie Kaplan New research reveals that Alberta continues to be the economic engine for the Canadian federation and needs a fairer fiscal deal from Ottawa. Revised estimates project that Albertans will send $312.4 billion more to Ottawa than they will get back over the next 12 years (2025-2036). This revised number reflects stronger economic … Read more

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Big Oil Is Bracing for Lower Prices — and Rightly So

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By Javier Blas On Wall Street, money speaks louder than words. The way Big Oil is currently allocating dollars suggests the supermajors are, quietly, preparing for leaner times. It’s the right approach: Oil is a cyclical business, and lower prices are always around the corner. This time, they may be even closer. In many ways, … Read more

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COMMENTARY – GOLDSTEIN: Get Real Canada, When it Comes to Energy Issues, the Democrats Are Not Our Friends

This Article and More by Lorrie Goldstein Here     Those assuming that things will magically become better for Canada if, as expected, the Democrats recapture the House of Representatives in the midterm elections should think again. The Democrats are protectionists on trade and on many issues, are opposed to Canadian interests. One prominent example … Read more

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ANALYSIS: Two Hydro-Rich Provinces Put Natural Gas Back in the Power Plan – Resource Works

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Manitoba Hydro’s $3-billion turbine proposal is under scrutiny today as BC Hydro seeks to retain nearly 400 megawatts of existing gas generation By Ian Biana Severe drought in Western Canada is putting pressure on hydroelectricity generation, forcing two hydro-rich provinces to import power from other jurisdictions due to low reservoir levels. Manitoba Hydro power lines … Read more

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Bypass the Strait of Hormuz? Why That’s Not So Easy

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By Rakteem Katakey, Paul Burkhardt, Mark Burton, and Yuliya Fedorinova Since the start of the Iran war, Iranian attacks on vessels in the Strait of Hormuz and a US blockade on Iran’s ports have slowed the flow of energy exports and other commodities from the Middle East. Even if diplomatic efforts succeed in restoring normal … Read more

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Managing B.C.’s Montney Formation Responsibly: What the Science Says About Water, Seismicity and Carbon Capture

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Oil & Gas From the Geoscience BC Energy Webinar, June 22, 2026 By Resource Works Summary British Columbia’s unconventional gas sector is backed by one of the most comprehensive programs of public geoscience anywhere in the world. At the Geoscience BC Energy Webinar on June 22, Dr. Brad Hayes, Senior Geoscience Advisor at GLJ, presented … Read more

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ANOTHER PAUSE: Canadian Natural Says Oil Sands Expansions Paused Until Government Agreements Finalized

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By Amanda Stephenson and Varun Sahay Jackfish, Pike 2 and proposed Jackpine expansion remain on hold, CEO says Early engineering work for all three projects had been slated for this year Canadian Natural raises 2026 production forecast to 1.637 million to 1.682 million boepd Aug 6 (Reuters) – Canadian Natural Resources (CNQ.TO) will not move … Read more

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Discount on Western Canada Select Narrows

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   The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures narrowed on Thursday. WCS for September delivery in Hardisty, Alberta, settled at $14.70 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, compared to $14.80 on Wednesday. * The discount remains significantly wider than it was … Read more

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AMERICAN ENERGY SNAPSHOT: How America Became the World’s Energy Stabilizer

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By API – American Petroleum Institute The current disruption has tested global energy markets. While uncertainty remains high, the United States entered this period producing record amounts of oil, operating world-class refineries and supplying more new energy to global markets than any other country. Markets remain tight, inventories are low and uncertainty around the Strait of … Read more

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Journey Generates $18.5 Million of Net Income in the Second Quarter of 2026

August 06, 2026 7:12 PM EDT | Source: Journey Energy Inc. Calgary, Alberta–(Newsfile Corp. – August 6, 2026) – Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) (“Journey” or the “Company“) is pleased to announce its financial and operating results for the three and six month periods ending June 30, 2026. The complete set of financial statements … Read more

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Oil Tankers Arriving in Vancouver in Record Numbers

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July was the first month since the TMX opened in mid-2024 that there has been more than 30 arrivals in Burrard Inlet By David Carrigg Original: financialpost.com/news/oil-tankers-arriving-vancouver-record-numbers/wcm/6bd4e5f5-0476-46d6-abb6-6c33263b2cca The twinning of the Trans Mountain oil pipeline from Edmonton to Burnaby has resulted in a record number of tanker arrivals in the waters of Burrard Inlet. David … Read more

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Enerflex Ltd. Announces Second Quarter 2026 Financial and Operational Results

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ADJUSTED EBITDA OF $128 MILLION, FREE CASH FLOW OF $32 MILLION AND RETURN ON CAPITAL EMPLOYED OF 15.4% STRONG OPERATIONAL VISIBILITY WITH ES BACKLOG INCREASING TO $1.5 BILLION AT THE END OF Q2/26 ORGANIC GROWTH CAPEX FORECASTED AT TOP END OF GUIDANCE RANGE FOR 2026; ON TRACK TO EXPAND U.S. CONTRACT COMPRESSION FLEET BY 10-15% … Read more

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Mexico Bans Oil and Gas Fracking in Key Basin, Sheinbaum Says

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By Scott Squires Mexico’s government will not allow unconventional drilling in a key shale basin, as officials cautiously explore the politically sensitive practice as a way to reduce dependence on US natural gas. The ban on hydraulic fracturing — a form of unconventional drilling better known as fracking — applies to the Tampico-Misantla basin, a … Read more

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Seaspan Energy Opportunities are Multiplying With Commercial Shipping’s Quest for Lower-Carbon Fuel Alternatives

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Canada’s West Coast could house a major transpacific liquefied natural gas bunkering hub if government policy consistently promotes audacious private sector ambitions By Timothy Renshaw The Seaspan Garibaldi refueling a dual-fuel container ship with liquefied natural gas. | Photo from Seaspan B.C. as an alternative energy fuelling hub for transpacific maritime shipping? Another flight of … Read more

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National Interest or Albatross? Majority of Canadians Say Ottawa Should Hold on to TMX Pipeline as a Public Asset – Angus Reid Institute

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A majority (54%) of Canadians say Ottawa should retain ownership of Trans Mountain, more than twice the number who would sell it to the private sector to recover taxpayer funds — as new data show growing comfort with public ownership of pipeline infrastructure. Angus Reid Institute, online survey, July 10–14, 2026, n=2,649 Canadian adults. READ … Read more

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Canadian Natural reports Higher Q2 Profit, Ups Production Guidance for the Year

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Canadian Natural Resources Ltd. reported a second-quarter profit of $4.5 billion, up from $2.5 billion in the same quarter last year.
The company says the profit amounted to $2.15 per diluted share for the quarter ended June 30 compared with $1.17 per…

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Proposed Hormuz Passage Deal Not Feasible for Shipping Industry, Sources Say

(Reuters) – A proposed deal between Iran and Oman that would give Tehran control over ships entering the Gulf through the Strait of Hormuz is not easily workable due to U.S. sanctions and restrictive insurance clauses on any payments, four industry sources said. Until U.S.-Israeli airstrikes at the end of February unleashed war in Iran, … Read more

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Elliott Issues Statement on Suncor Leadership Transition

WEST PALM BEACH, Fla., Aug. 6, 2026 /CNW/ — Elliott Investment Management L.P. (“Elliott”), which manages funds that together hold a significant investment in Suncor Energy, Inc. (NYSE: SU) (“Suncor” or the “Company”), today issued the following statement: Elliott congratulates Rich Kruger on his announced upcoming transition from President and CEO of Suncor to the role of Executive … Read more

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Oil Traders Double Down on Iran Deal Bet as Odds Worsen: Bousso

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(Reuters) – Global crude prices have fallen back towards $80 a barrel on expectations that a U.S.-Iran dealwill reopen the Strait of Hormuz, echoing the market response before the largely failed mid-June ceasefire. But the global energy market is now far more precarious, making traders’ optimism even less justified. Brent crude oil has tumbled from … Read more

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Lycos Energy Inc. Announces Closing of Previously Announced Strategic Acquisition of Sparky Waterflood Assets, $34.5 Million Equity Financing and Expanded Credit Facility

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CALGARY, AB, Aug. 6, 2026 /CNW/ — Lycos Energy Inc. (“Lycos” or the “Company“) (TSXV: LCX) is pleased to announce the closing of its previously announced acquisition of high netback assets under waterflood targeting the Sparky formation in the Greater Provost area of Alberta for cash consideration of $70.0 million, prior to closing adjustments (the “Acquisition“). Lycos is also … Read more

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South Bow Reports Profit of US$134 Million in Q2, Up From Last Year

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South Bow Corp. reported net income of US$134 million in its second quarter, up from US$96 million during the same period a year earlier.
The Calgary-based pipeline operator says its earnings amounted to 64 cents US per share in the quarter ending Ju…

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Kelt Reports Financial and Operating Results for the Three Months Ended June 30, 2026

Calgary, Alberta–(Newsfile Corp. – August 6, 2026) – Kelt Exploration Ltd. (TSX: KEL) (“Kelt” or the “Company”) reports its financial and operating results to shareholders for the second quarter ended June 30, 2026. The Company’s financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended June 30 Six months ended June 30 (CA$ thousands, except as … Read more

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Paramount Resources Announces Second Quarter 2026 Results, Increased Production Guidance, Sinclair Test Results and Increased Core Land Positions

CALGARY, AB, Aug. 6, 2026 /CNW/ — Paramount Resources Ltd. (“Paramount” or the “Company”) (TSX: POU) is pleased to announce its second quarter 2026 financial and operating results, increased 2026 production guidance, record Sinclair Montney test results and expanded land positions at Sinclair and Willesden Green. HIGHLIGHTS Second quarter sales volumes averaged 47,279 Boe/d (49% liquids). (1) Willesden Green sales volumes … Read more

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Oil Gains as Investors Cautious Over Iran-Oman Talks

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Summary Iran says deal with Oman on Strait of Hormuz is in final stages Houthi attacks on Saudi tanker renew supply tensions Saudi Arabia cuts Arab Light September OSP for Asia Zelenskiy says Ukraine hits two oil refineries in Russia Aug 6 (Reuters) – Oil prices rose on Thursday as investors remained cautious on the … Read more

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Iran Warns Gulf States: Tell Trump to Desist or We Hit You Hard

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Summary Iran warns Gulf states US strikes will trigger attacks on them Tehran presses Gulf allies to steer Trump back to diplomacy Riyadh urged Trump to delay military action, pursue negotiations Iran bets infrastructure threats can raise pressure without full-scale war Aug 6 (Reuters) – Iran has made a concerted diplomatic push with Gulf states, … Read more

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LEADERSHIP CHANGES: Suncor Names Insider Peter Zebedee Next CEO, Says CFO Has Left

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By Reuters (Reuters) – Canada’s Suncor Energy  on Thursday named insider Peter Zebedee ​its next CEO, and said ‌Chief Financial Officer Troy Little left the company. Zebedee, currently executive vice ​president of Suncor’s upstream ​business, will succeed Rich Kruger ⁠as president and chief executive ​in April 2027 — when Kruger ​transitions to executive vice chair, the company … Read more

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Keyera Announces 2026 Second Quarter Results

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CALGARY, AB, Aug. 6, 2026 /CNW/ — Keyera Corp. (TSX: KEY) (“Keyera”, the “company” or “our”) today announced its results for the second quarter ended June 30, 2026. To view our 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. “This was an important quarter for Keyera as we … Read more

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Suncor Energy Announces Executive Leadership Changes

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Calgary, Alberta–(Newsfile Corp. – August 6, 2026) – Suncor Energy’s (TSX: SU) (NYSE: SU) Board of Directors today announced plans for Rich Kruger, current President and Chief Executive Officer, to transition to the role of Executive Vice Chair in April 2027. Peter Zebedee, currently Executive Vice President Upstream, will be named President and Chief Executive Officer … Read more

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Which Countries Think They’re on the Right Track?

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By Gabriel Cohen | Design Clayton Wadsworth Key Takeaways Across more than 25,000 respondents, only 41% believe their country is on the right track in 2026. Singapore (86%), Malaysia (74%), and India (69%) have the highest right-track ratings among the countries surveyed. France ranks last at 10%, followed by Peru at 15% and Great Britain … Read more

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INSIGHT: A Tale of Two Global Climate Visions and a Stark Warning for Canada and Other Nations – Tammy Nemeth

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In late June 2026, London offered a striking case study in competing visions for our energy future. On one side was London Climate Action Week (LCAW), which drew a crowd of 100,000 people calling for an accelerated net-zero transition and sweeping global system change, spanning governance, mitigation, behaviour change, climate finance, a “just transition,” and … Read more

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COMMENTARY: The MOU is Canada’s Best Shot at Reversing a Decade of Lost Ground – Jeff Lawson

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A Cenovus executive says the federal-provincial MOU won’t be perfect, but it’s Canada’s best shot at reversing a decade of lost ground. Jeff Lawson, Executive Vice President of Corporate Development and Chief Sustainability Officer, Cenovus Energy | Photo taken at the CCC Natural Resources Tour in Vancouver, 2024 | Resource Works Society Jeff Lawson sees … Read more

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US Upstream Oil and Gas Second-Quarter Dealmaking Dives on Volatility

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(Reuters) – Dealmaking in the U.S. upstream oil and gas sector shrank fourfold to $9 billion in the second quarter of this year as volatile oil prices tempered investor confidence, analytics firm Enverus said on Wednesday. “Crude volatility tied to the Iran conflict and a softening gas outlook likely widened the bid-ask spread and complicated … Read more

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REALITY: Trump Says America Does Not Need Canadian Energy. The Facts, and His Own Policies, Say Otherwise

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by EnergyNow Editorial Staff President Donald Trump has repeatedly claimed that the United States does not need Canadian energy. Ahead of his May 6, 2025, meeting with Prime Minister Mark Carney, Trump wrote that the United States did not need Canada’s energy, automobiles or lumber and questioned why America should continue buying those products. It … Read more

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Tenaz Energy Corp. Announces Q2 2026 Results

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Calgary, Alberta–(Newsfile Corp. – August 5, 2026) – Tenaz Energy Corp. (TSX: TNZ) (“Tenaz”, “We”, “Our”, “Us” or the “Company”) is pleased to announce financial and operating results for the second quarter of 2026. The related unaudited interim condensed consolidated financial statements and management’s discussion and analysis (“MD&A”) are available on SEDAR+ at www.sedarplus.ca and on Tenaz’s … Read more

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Strathcona Resources Ltd. Reports Second Quarter 2026 Financial and Operating Results and Announces Quarterly Dividend

CALGARY, AB, Aug. 5, 2026 /CNW/ — Strathcona Resources Ltd. (“Strathcona” or the “Company“) (TSX: SCR) today reported its second quarter 2026 financial and operating results. The Board of Directors also declared a quarterly dividend of $0.30 per common share. Q2 2026 Highlights Production of 117,022 boe/d (99.7% liquids) Operating Earnings of $376 million ($1.76 / share) Free Cash … Read more

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South Bow Reports Second-Quarter 2026 Results and Declares Dividend

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CALGARY, Alberta, Aug. 05, 2026 (GLOBE NEWSWIRE) — South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) reports its second-quarter 2026 financial and operational results. Unless otherwise noted, all financial figures in this news release are presented in U.S. dollars. Highlights Safety and operational performance Recorded second-quarter 2026 average throughput of approximately 596,000 … Read more

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Lotus Creek Exploration Inc. Announces Second Quarter 2026 Operating Results

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Calgary, Alberta–(Newsfile Corp. – August 5, 2026) – Lotus Creek Exploration Inc. (TSXV: LTC) (“Lotus Creek” or the “Company”) is pleased to provide the following second 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 June 30, 2026 are available for … Read more

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Suncor Not Ready to Speed Output Growth, CEO Says, Despite Government’s Pro-Oil Stance

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(Reuters) – Suncor Energy is not yet willing to accelerate plans for production increases, the company’s CEO said on Wednesday, despite large-scale policy reforms promised by the federal and Alberta governments in an effort to spur growth in Canada’s oil industry. The comments underline uncertainty around whether the federal government’s friendlier stance toward the energy … Read more

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Keyera Increases Quarterly Dividend by 4.17% and Announces Third Quarter Distribution

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CALGARY, AB, Aug. 5, 2026 /CNW/ — Keyera Corp. (TSX: KEY) (“Keyera”) announced today it is increasing its quarterly cash dividend per common share by 4.17% from $0.54 to $0.5625, or $2.25 annually. The dividend payment for the third quarter of 2026 will be $0.5625 per common share and will be payable on September 29, 2026, to shareholders of … Read more

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Birchcliff Energy Ltd. Announces Appointment of New Director

CALGARY, Alberta, Aug. 05, 2026 (GLOBE NEWSWIRE) — Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce the appointment of Rebecca Schulz to the Corporation’s Board of Directors, effective today. Ms. Schulz is a public affairs and policy leader with extensive experience across government, business, energy, environment and economic development. She is currently … Read more

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Deal to Reopen Hormuz?

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By Andrew Mills As mediators shuttle drafts between Tehran and Washington, the shape of a possible Hormuz deal is becoming clearer even as its timing remains anything but certain. Yet despite President Donald Trump’s upbeat talk of negotiations “moving along nicely” and a strait reopening “very soon”, negotiators are still haggling. With one regional source … Read more

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Business Leaders Want Ottawa to Deliver on Economic Agenda Quickly: KPMG Survey

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Story by Ritika Dubey   TORONTO — A new poll finds Canadian businesses are feeling optimistic about the federal government’s economic agenda, but that it will come down to executing on those priorities as the country stares down threats of fresh tariffs from the U.S. A KPMG survey, which polled 359 business leaders online between … Read more

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GAS TAX REPORT: Albertans Need a Break – Canadian Taxpayers Federation

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Governments must cut fuel taxes Taxes cost 27 cents per litre of gas and diesel in Alberta CTF releases Gas Tax Honesty report CALGARY. AB: The Canadian Taxpayers Federation is calling on the Alberta government to drop its provincial fuel tax and the federal government to keep its fuel tax cut as the CTF releases its … Read more

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Iran and Oman Reach Understanding on Coordinates of Route Through Hormuz, Iran Ministry Says

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(Reuters) – Iran and Oman have reached an understanding on the geographic coordinates for a shipping route through the Strait of Hormuz, and a joint announcement is being finalised, provided certain third parties did not interfere, Iran’s Foreign Ministry spokesperson Esmaeil Baghaei said on Wednesday. Baghaei added that any such agreement between Iran and Oman … Read more

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Greenfire Resources Reports Second Quarter 2026 Results and Closes Acquisition of Connacher Oil and Gas Limited

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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

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Pipeline Owners Race to Build Capacity as AI Power Demand Jumps

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By Emma Sanchez US pipeline operators are racing to expand their capacity to help power new data centers. Energy Transfer LP is developing pipeline projects to meet rising demand for gas-fired electricity, Co-Chief Executive Officer Thomas Long said during a call with analysts on Tuesday. The company expects to announce more details in coming months. … Read more

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Siemens Energy CEO Sees Solid Outlook on Broad Electrification

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By Marilen Martin Siemens Energy AG sought to reassure investors that demand for gas turbines will remain strong into next year, pointing to power-hungry data centers as only one among a range of drivers in the global electrification trend. “AI is an important player and it will remain an important segment of the gas turbine … Read more

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Suncor CEO Says ‘A Lot of Work To Do’ on Pipeline, Carbon MOU

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The chief executive of oilsands giant Suncor Energy Inc. says he’s encouraged by the tone in Canada surrounding the sector compared with the past decade, but it’s still too early to say whether recent government commitments can help spur future growth…

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BP Posts Profits, Says Exit From Bay du Nord Oil Project Shows disciplined Investing

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British oil company BP says it withdrew from the proposed Bay du Nord offshore oil project off the east coast of Newfoundland to free up some money.
The company published its second-quarter financials on Tuesday, saying the period was marked by deep d…

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Mexico’s Sheinbaum Weighs Pilot Fracking Projects to Boost Gas Production, Sources Say

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(Reuters) – Mexican President Claudia Sheinbaum is evaluating potential pilot fracking projects in the northern states of Coahuila and Tamaulipas that could help boost domestic gas production, according to four sources familiar with the discussions. Mexico already produces a small amount of crude oil and gas through fracking, but the government and state company Pemex … Read more

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Gran Tierra Energy Inc. Reports Second Quarter 2026 Results

Achieved Total Company Average Second Quarter Production of 41,501 BOEPD1 Net Income of $25 Million, Adjusted EBITDA2 of $85 Million and Positive Free Cash Flow Announcement of Prospective and Contingent Resource Report on Dawson Clearwater and Mount Head Areas in Canada Completed Suroriente Capital Carry Improving Profitability of the Block Announcement of the Disposition of Lodgepole Assets … Read more

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Rockpoint Reports First Quarter Fiscal 2027 Results and Declares Quarterly Dividend

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CALGARY, AB, Aug. 5, 2026 /CNW/ — Rockpoint Gas Storage Inc. (“Rockpoint”, or the “Company”) (TSX: RGSI) today announced its results for the first quarter of fiscal 2027, ended June 30, 2026. All financial figures in this press release are presented in United States dollars (“USD”), unless otherwise noted. “Rockpoint continues to focus on maximizing returns from … Read more

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InPlay Oil Corp. Announces Strategic Accretive Acquisition in Core Area and Updated Guidance

CALGARY, AB, Aug. 5, 2026 /CNW/ — InPlay Oil Corp. (TSX: IPO) (TASE: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company“) is pleased to announce that it has entered into a definitive agreement today to acquire a private oil and gas producer for cash consideration of $54.25 million, prior to closing adjustments (the “Acquisition“). The Acquisition supports InPlay’s long-term strategy … Read more

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Prospera Announces Commencement of Service Rig Operations

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Calgary, Alberta–(Newsfile Corp. – August 5, 2026) – Prospera Energy Inc. (TSXV: PEI) (OTC Pink: GXRFF) (“Prospera“, “PEI“, the “Corporation“, or the “Company“) Prospera is pleased to announce the commencement of service rig operations across its core Saskatchewan heavy oil properties. The rig marks the launch of the Company’s second half 2026 workover and reactivation … Read more

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Oil Prices Rebound After Houthis Say They Attacked Saudi Tanker

Summary Houthis say they launched missile attack on Saudi tanker off Yanbu export port Brent benchmark back above $80 a barrel after heavy fall on Tuesday Iran denies peace talks are under ​way (Reuters) – Oil prices rose on Wednesday ‌after Yemen’s Iran-aligned Houthi rebels said they attacked a Saudi oil tanker in the Red … Read more

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COMMENTARY – POLICY GYMNASTICS: How We’re All Paying for Policy Gymnastics Lessons – Greg Mclean

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In late June, Executive Director of the International Energy Agency (IEA) Fatih Birol came to Montreal for meetings with Finance Minister Francois-Philippe Champagne. I watched as he was lauded for his admitted reversal on forecasts and policies his organization has trumpeted since 2021 to sell us “energy transition”. June 2026: Asked after his speech what … Read more

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Discount on Western Canada Select Widens

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(Reuters) – The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures widened on Tuesday. WCS for September delivery in Hardisty, Alberta, settled at $14.80 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, compared to $14.25 on Friday. Monday was a holiday in Canada. The discount … Read more

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Iran Demands Inbound Control of Hormuz and Outbound Oversight, Source Says

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  Iran wants control over inbound shipping through the Strait of Hormuz and visibility over outbound traffic, with the ability to intervene if necessary, under a temporary plan being discussed with Oman to reopen the strategic waterway, a senior Iranian source told Reuters on Tuesday. The source, who is involved in the talks, said this … Read more

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NEW EPISODE #13: WATCH: 3 MINUTE HISTORY CANADA – The 1979 Oil Shock That Toppled a Government

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3 Minute History Canada  serves up the roller-coaster. This week’s episode dives into the 1979 Iranian Revolution oil shock — prices doubled, Joe Clark’s minority government collapsed after nine months over an 18-cent gas tax, and Pierre Trudeau staged a stunning comeback — while Canada’s “Canadian Caper” heroes saved U.S. diplomats in Tehran. Created by … Read more

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THE NEXT STEP: Ottawa Moves Alberta-Backed West Coast Pipeline to List as National Interest Project

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The federal government is advancing the process to designate a proposed oil pipeline to the West Coast as a “national interest” project.
Designating a project as being in national interest under the Building Canada Act allows the government to fast-tr…

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A VEILED BET: The West Coast Pipeline and the Case Canadians Haven’t Been Shown – Bryan Gould

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The West Coast pipeline project is a conditional bet — and possibly, a defensible one — being sold as a commercial certainty. By Bryan Gould On July 2, Prime Minister Mark Carney and Alberta Premier Danielle Smith announced a one-million-barrel-per-day oil pipeline (Alberta 2026a) from Bruderheim, Alberta, to a VLCC (Very Large Crude Carrier)-capable terminal … Read more

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Suncor Energy Reports Second Quarter 2026 Results

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

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AKITA Announces Successful Integration of Fox Drilling and Second Quarter Results.

CALGARY, AB, Aug. 4, 2026 /CNW/ — AKITA Drilling Ltd. (TSX: AKT) The second quarter marked a transformative period for AKITA, culminating in the June 30, 2026 acquisition of Fox Drilling and the completion of the Company’s share restructuring. Since closing, AKITA has made strong progress integrating Fox’s high-specification triple drilling rigs, employees and operations into its Canadian business. … Read more

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FIVE WAYS Compass Bending Helps Streamline Oil and Gas Projects – See Them Here

Compass Bending Ltd

At Compass Bending, experience, precision and advanced equipment come together to deliver dependable pipeline solutions. Here are five ways the company helps make oil and gas projects easier, safer and more efficient. 1. We handle complex pipe configurations with accuracy and confidence Pipeline routes and facility designs rarely follow a simple, straight path. Projects may … Read more

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Industry Closure Quota for 2027 – Bulletin 2026-33

PDF : View Bulletin Release Date : August 4, 2026 Under the Government of Alberta’s Liability Management Framework, the AER’s Inventory Reduction Program (described in Directive 088: Licensee Life-Cycle Management) includes setting an annual industry closure quota. We review the industry closure quota each year and adjust it based on several factors, including market conditions and the … Read more

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Asia Crude and Fuel Imports Recover, Still Shy of Pre-Iran War Levels: Russell

(Reuters) – Asia’s crude oil imports climbed to the highest in July since the Iran war started, but were still 15% below pre-conflict levels. The top-energy consuming continent saw imports of 22.82 million barrels per day in July, according to data compiled by commodity analysts Kpler. This was down about 4 million bpd from the … Read more

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States Sue Over Latest Trump Tariff Attempt

By David Rovella A group of US states is suing over Donald Trump’s latest attempt to use a shifting set of federal statutes as a legal basis for his global trade war, adding to similar lawsuits by groups of small businesses that contend the levies — like many previously tried by the Republican president — … Read more

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NAME CHANGE: Enterprise Group Announces Name Change to Evolution PowerX Corp.

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August 04, 2026 7:30 AM EDT | Source: Enterprise Group Inc.St. Albert, Alberta–(Newsfile Corp. – August 4, 2026) –  Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) (the “Company” or “Enterprise“), a consolidator of specialized equipment and services to the energy, resource, and industrial sectors, with a growing focus on natural gas-powered power generation solutions, is … Read more

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NEW NAME: Canadian Energy Centre Becomes the Alberta Energy Centre

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  The Canadian Energy Centre is now the Alberta Energy Centre. Our new name better reflects who we are: Alberta’s voice on energy. Our mission remains the same: to tell the story of Alberta’s energy industry and how a thriving energy sector helps build a stronger Canada. We’ll continue covering important energy developments across the … Read more

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FORECAST: Goldman Sees 2026 Brent at $80-$90 Until US-Iran Deal or Major Escalation

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(Reuters) – Goldman Sachs said on Tuesday it expects Brent crude to trade in an $80-$90 per barrel range until there is ​either confirmation of a new U.S.-Iran nuclear deal or a ‌significant escalation of their conflict. The bank estimates spot Brent’s fair value at about $80 a barrel, suggesting markets are pricing in only … Read more

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Oil Prices Drop 4% after Qatar, Bessent Raise Hopes of a US-Iran Deal

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Summary Brent and WTI crude prices down nearly 4% Qatar says efforts ongoing with all parties for diplomatic resolution to US-Iran conflict Shipping traffic at key Gulf waterways little changed Goldman sees Brent at $80-$90 until Iran deal clarity or significant escalation (Reuters) – Oil prices fell by around 4% on Tuesday to a three-week … Read more

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COMMENTARY: Canada Cut Air Pollution Despite More People, Cars and Energy – Fraser Institute

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By Annika Segelhorst and Elmira Aliakbari Over the past 50 years, Canada’s population has grown from 23 million to more than 41 million people. The number of motor vehicles on our roads has more than doubled since 1975, from 11.3 million to 26.8 million. Concurrently, oil and gas production has reached record heights. Considering these trends, one might reasonably expect … Read more

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OPINION: Carney’s Promised Energy Superpower Reset Is Running Out of Time for Those Who Can Really Build Canada Strong

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By Terry J. Winnitoy Canada’s energy rhetoric has changed, but investors are still waiting for binding policies, durable regulations and commercially viable projects. Prime Minister Mark Carney wants Canadians, and global investors, to believe his government represents a decisive break from the energy policies of Justin Trudeau. The language has certainly changed. Ottawa now talks … Read more

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BOOK YOUR TOUR – Step Inside Calgary’s Premier Club For Business – Tour Info Here

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    Where Business, Hospitality and Community Meet As Calgary’s premier club for business, the Calgary Petroleum Club is where business, hospitality, and community meet — a private Club built on personal service, meaningful connection, and a proud Calgary legacy. We are also, the only Elite-Status Distinguished Club in Alberta. With a diverse membership base, … Read more

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A (TEMPORARY) GOLDEN ERA – Iran War Ushers in Oil Refining Golden Era. It Won’t Last: Ron Bousso

  Reuters Bumper oil refining profits triggered by the Iran war are turbocharging Big Oil’s earnings, breathing new life into a business many investors had largely written off. The sector looks poised to produce unusually strong returns for several years, but long-term structural changes in oil consumption mean refining’s star will likely fade quickly. Despite … Read more

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Trump Says He Does Not Care About USMCA as US, Canada Plan Trade Talks

Summary Trump says USMCA more important to Mexico, Canada than to US Canada’s US trade minister to visit Washington this week for more talks Steelworkers, Machinists unions urge US to reconsider tariffs on Canadian goods (Reuters) – U.S. President Donald Trump said that he does ​not care about updating the North American trade agreement as … Read more

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How Iran is Widening its Pressure Campaign to Force US Concessions

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Iran is betting it can outlast Washington by turning the Middle East’s trade routes, shipping lanes and energy infrastructure into pressure points that steadily raise the cost of confrontation, according to Gulf officials and analysts. Rather than seeking a decisive military victory, Tehran is pursuing a strategy of calibrated escalation aimed at widening the conflict … Read more

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Prospera Reports Record Revenue and Significant Increase in Operating Netback in Q2 2026

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Calgary, Alberta–(Newsfile Corp. – August 3, 2026) – Prospera Energy Inc. (TSXV: PEI) (OTC Pink: GXRFF) (“Prospera“, “PEI“, the “Corporation“, or the “Company“) Prospera is pleased to report the strongest quarter in its recent history. Sales revenue reached $6.2 million ($91.17/boe), the highest quarterly revenue in five years, while operating netback rose to $2.0 million … Read more

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OPEC+ Oil Output Hike is Irrelevant for Now, Not for Later: Russell

It’s easy to dismiss the decision by the core members of OPEC+ to increase their crude oil production quotas for September as a meaningless gesture in the face of disruptions caused by the Iran conflict. Certainly, as long as the Strait of Hormuz remains largely closed and the threat to the nearby Bab el-Mandeb waterway … Read more

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EARNINGS WINDFALL EXPECTED: War-Fueled Oil Rally Set to Lift US Shale Profits to Highest Since 2022

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  Summary Brent averaged $126.41/bbl in April, up from $69.82 in January Analysts expect shareholder returns, not higher drilling (Reuters) – U.S. shale producers are expected to report ​their strongest quarterly profits since 2022 after the Iran war sent ‌crude prices soaring, with analysts expecting much of the windfall to be returned to shareholders rather … Read more

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Oil Prices Drop After Trump Cancels Attack on Iran to Seek Nuclear Deal

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Summary Trump says US will hold off fresh Iran attack to reach quick deal OPEC+ agrees September oil output hike Brent and WTI jumped more than 20% last month Two tankers with Saudi crude left ​Red Sea over the weekend, data shows (Reuters) – Oil prices fell more than $4 a barrel on Monday after … Read more

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FIVE DATA POINTS to Explain July – Angus Reid Institute

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The Monthly Rundown It was a busy month — smoke-filled skies, a fresh tariff threat, and a widening AI divide all shaped how Canadians see the country’s direction. Here are five numbers that stood out. 62% 01/ Trade & Tariffs want Canada to hit back with counter-tariffs on the latest Trump threat Fewer than one-in-10 … Read more

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VANCOUVER – The Resource Economy You Can’t See – Stewart Muir

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By Stewart Muir How Metro Vancouver became the head office, the trading floor and the export gateway of a resource economy it has stopped recognising—and why the city’s own crest has been telling the story all along. In 1969 the City of Vancouver was granted a coat of arms. A logger and a fisherman hold … Read more

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AND SO IT BEGINS: Hundreds Protest Meta’s Plan for Massive Data Centre in Northern Alberta County

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Hundreds of protesters chanted “Down, down with corporations” outside a northern Alberta county office on Sunday to voice their opposition to tech giant Meta’s plan to build a data centre.
The morning protest took place in Morinville, a town in Sturge…

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CASE STUDY: One ERP Supporting Every Stage of Operational Growth – Learn More:

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“Discovery’s accounting module really meets our operational needs and the reporting functionality provides valuable insights.” – Randy Martin l Director Of Finance Customer Spotlight PCM Artificial Lift Solutions, a leader with over 85 years of expertise, delivers advanced Progressive Cavity Pump (PCP) solutions across more than 35 countries. Their dedication to excellence is evident in … Read more

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PUTTING AI TO WORK: Generative AI Usage Among Canadian Workers

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by Rob Roach, ATB Economics We recently reported that about one-fifth (19.2%) of businesses in Canada report using AI to produce goods or deliver services. Survey results released today shed light on how many workers (including self-employed individuals) have been using AI. As of March, 41.6% of workers said they used at least one AI tool or automation technology as part of … Read more

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CROSS BORDER INTERFERENCE? Washington State Congressman Wants Spill Response Review for Alberta Pipeline to B.C.

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  A congressman from Washington State says the U.S. Coast Guard should review and update oil spill response plans as news of a planned pipeline from Alberta to B.C. would increase oil tanker traffic in the Salish Sea. Rep. Rick Larsen says he sent a letter to a top U.S. Coast Guard official this week … Read more

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‘EXCITEMENT OVER GROWTH AGAIN’: A Shift in Canada’s Oilpatch as Some Players Eye Expansion

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After reporting billions in profits, some Canadian energy producers expect to invest in new production, a change from the past decade By Nykole King, Naimul Karim, Graison Foster Original: financialpost.com/commodities/energy/oil-gas/excitement-over-growth-again-a-shift-in-canadas-oilpatch-as-some-players-eye-expansion After reporting billions of dollars in profits, some Canadian energy producers expect to return excess cash to the business by investing in new production — … Read more

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OPEC+ Agrees to September Oil Hike, Completing Rollback of Voluntary Cuts

Summary Increase of 188,000 bpd completes rollback of 1.65 million bpd cut OPEC+ statement makes no reference to fourth-quarter policy Group has little incentive to rush into further supply changes, Rystad says Reiterates concern about attacks on energy assets in Iran war (Reuters) – OPEC+ approved an oil production quota increase on Sunday of around … Read more

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Trump Says He Will Hold Off on Fresh Iran Attack in Hope of Quick Deal

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President Donald Trump has said the U.S. will hold off on a fresh attack on Iran as long as a deal can be reached quickly to halt Iran’s nuclear ambitions and reopen the Strait of Hormuz. Trump said late on Saturday on his Truth Social platform that Iran and other Middle Eastern countries had asked … Read more

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Michigan Supreme Court Rejects Permit for Enbridge Oil Pipeline Under Great Lakes

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The Michigan Supreme Court has ordered state regulators to reconsider a key permit that allowed a planned tunnel to carry an oil pipeline under part of the Great Lakes to move forward. The 6-1 decision further clouds the future of the 73-year-old pipeline owned by Canadian energy transportation company Enbridge that carries petroleum from Superior, Wisconsin, to Sarnia, Ontario. … Read more

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

Five things to watch for in the Canadian business world in the coming week:
Trade data
Statistics Canada will release its figures for international merchandise trade for June on Tuesday. Canada’s merchandise trade surplus rose to $4.2 billion in May, …

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Helium Demand Balloons as Mideast Supplies Deflate: Can Canada Meet the Moment?

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An unusual inquiry came recently to the Calgary office of Avanti Helium Corp., an explorer for the ultralight gas used for applications as wide-ranging as party balloons and space exploration.
It was a prospective customer from the Middle East, where…

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ENBRIDGE POSTPONES PIPELINE EXPANSION: Enbridge to Postpone Plans for Second Phase of Mainline Oil Pipeline Expansion Due to Lack of Federal Policy Change Certainty

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  Canadian pipeline operator Enbridge said on Friday it was postponing the 250,000-barrel-per-day second phase of its Mainline crude pipeline network, partly due to Canadian oil producers not committing to significant output increases. The project would have increased exports of Canadian crude to U.S. refineries. But Enbridge CEO Greg Ebel said the company will focus first … Read more

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Exxon, Chevron Warn of Continued High Fuel Prices From Iran War

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Top U.S. oil producers ExxonMobil and Chevron warn that global supplies of diesel and other refined products will likely remain tight and lead to persistently high prices in the second half of the year as the Iran war continues to cause major energy disruptions. Both companies reported large jumps in second-quarter refining profits on Friday … Read more

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Responsiveness Is Everything: How Energy Project Teams are Adapting to Compressed Schedules, Evolving Scope, and Increasing Pressure Across North America

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In today’s energy and infrastructure environment, pressure is no longer the exception, it’s the baseline. Across North America, a new wave of investment is accelerating project timelines. Industry estimates suggest more than $1 trillion in new pipeline infrastructure will be required in the coming decades, driven by rising energy demand, LNG exports, and electrification. At … Read more

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COMMENTARY: Natural Gas ‘Flying Under the Radar,’ But Big Growth is Coming – VARCOE

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While boosting oilsands output is in the spotlight, the prospects for natural gas increasingly seem ripe for improvement This Article and More From Chris Varcoe Here Michael Rose, chief executive of Tourmaline Oil, the country’s largest natural gas producer. Photo by Brent Calver/Postmedia Here’s an impressive list of projects to consider when evaluating Canada’s energy … Read more

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US Energy Firms Add Rigs for Sixth Time in Seven Weeks, Says Baker Hughes

  (Reuters) – U.S. energy firms this week added rigs for a sixth time in seven weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The total oil and gas rig count, an early indicator of future output, rose by one to 588 in the week to July 31. Baker … Read more

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Oil Prices Settle More Than 1% Higher, Log Strongest Month Since March

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Summary Brent up 24% in July, WTI rises 21% Two very large crude carriers exit Strait of Hormuz Twenty-nine commodity vessels transited Bab el-Mandeb strait on Thursday Reuters poll says Brent crude to average $85.22 per barrel in 2026 (Reuters) – Oil prices closed more than $1 per barrel higher ​on Friday, ending July with … Read more

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