Site Take Over – Canadian Energy News, Top Headlines, Commentaries, Features & Events

COMMENTARY: Alberta’s Investment Problem Goes Beyond One Pipeline – Fraser Institute

July 31, 2026 by EnergyNow Media

By Tegan Hill and Taylor Oliver A new pipeline proposal has seemingly renewed optimism about Alberta’s energy future. Yet private investment remains on the sidelines. According to the proposal jointly submitted to Ottawa by the Smith and Carney governments, the new pipeline would run from Alberta to the southern coast of British Columbia. The Trans Mountain Corporation … Read more

Pipeline Company Enbridge Reports $1.4-Billion Second-Quarter Profit

July 31, 2026July 31, 2026 by The Canadian Press

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Enbridge Inc. reported a second-quarter profit attributable to common shareholders of $1.4 billion, down from $2.18 billion a year earlier.
The pipeline company says the profit amounted to 64 cents per share for the quarter ended June 30, down from $1…

Oil Rises Over 1% as Traders Assess Shipping Flows; Monthly Gains in Sight

July 31, 2026July 31, 2026 by EnergyNow Media

Summary Brent and WTI on track for monthly rises Two VLCCs exit Strait of Hormuz, Bab el-Mandeb sees 29 commodity vessels transit ADNOC buys tankers as Red Sea, Hormuz crisis reshape oil trade Ukraine’s military says it hit Russia’s Volgograd oil refinery (Reuters) – Oil prices rose more than 1% on Friday and ‌remained on … Read more

PIPELINE MUST BE MOVED: Enbridge Pipeline Trespassed on Wisconsin Tribal Land, Must be Moved, US appeals Court Finds

July 31, 2026 by EnergyNow Media

A U.S. appeals court found Enbridge liable for trespass for running a pipeline under land belonging to a northern Wisconsin tribe, but gave the Canadian energy company more time to reroute the pipeline and ordered a recalculation of damages. Thursday’s decision by the 7th U.S. Circuit Court of Appeals in Chicago addressed appeals from a federal district … Read more

Pembina Pipeline Reports Results for the Second Quarter of 2026

July 31, 2026 by EnergyNow Media

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

Petrus Resources Announces Monthly Activity Update

July 31, 2026 by EnergyNow Media

CALGARY, Alberta, July 30, 2026 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to announce the most recent version of the Company’s monthly activity update can be found on the Company’s website at https://www.petrusresources.com/monthlyupdates. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions … Read more

Yangarra Announces 2026 Second Quarter Financial and Operating Results

July 31, 2026 by EnergyNow Media

CALGARY, Alberta, July 30, 2026 (GLOBE NEWSWIRE) — Yangarra Resources Ltd. (“Yangarra” or the “Company“) (TSX:YGR) announces its financial and operating results for the three and six months ended June 30, 2026. Operations Update Yangarra executed an active second quarter operating program despite persistent wet field conditions, which impacted drilling, completions and equipping activities and delayed bringing … Read more

Parex Resources Announces Q2 2026 Results, Highlights Strong July Production, Reaffirms Step-Change Guidance, and Declares Q3 2026 Dividend

July 31, 2026 by EnergyNow Media

CALGARY, Alberta, July 30, 2026 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce its financial and operational results for the three-month period ended June 30, 2026, updated independent reserves reports that reflect recent transactions, an operational update, and the declaration of its Q3 2026 regular dividend of … Read more

Baytex Announces Second Quarter 2026 Results; Production Guidance Raised on Strong Duvernay and Peavine Performance; Board Appointments Announced

July 31, 2026 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – July 30, 2026) – Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) (“Baytex” or the “Company”) reports its operating and financial results for the three and six months ended June 30, 2026 (all amounts are in Canadian dollars unless otherwise noted). “Baytex delivered strong second-quarter results, highlighted by outperformance in the Duvernay and continued strength across … Read more

WHY IT MATTERS: Regulatory Barrier to B.C. LNG Marine Bunkering Removed

July 31, 2026July 31, 2026 by EnergyNow Media

A $2 billion expansion to Tilbury Island LNG can finally proceed By Nelson Bennett Tilbury Island LNG to undergo $2 billion expansion. | FortisBC A $2.2 billion phased expansion of the FortisBC Tilbury Island LNG plant is, finally, getting a break from the B.C. government on the regulatory front to help move it along. This … Read more

TC Energy Increases Demand Outlook for Natural Gas Amid Data Centre Boom

July 31, 2026July 31, 2026 by The Canadian Press

TC Energy Corp. has raised its forecast for North American natural gas demand in the coming years and is considering ways its vast Canadian and U.S. pipeline network can respond to the surge.
The Calgary-based company is expecting 51 billion cubic fe…

STILL TO BE ANSWERED: Key Questions That Continue to Hang Over Canadian Energy Development – Tammy Nemeth

July 31, 2026July 31, 2026 by EnergyNow Media

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Debates over carbon capture and storage (CCS) often stay trapped at the project level—costs, technical performance, and risk. Those details matter, yet they risk obscuring larger questions about policy design, economic burden, national interest, and the big question: Why? Why is Canada pursuing Net-Zero by 2050? The following questions are offered not as settled conclusions, … Read more

PUTTING AI TO WORK: Generative AI Usage Among Canadian Workers

July 31, 2026 by EnergyNow Media

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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

THE FACTS: Canada’s Share of Global CO₂ Emissions – What You Need to Know

July 31, 2026July 31, 2026 by EnergyNow Media

By EnergyNow Editorial Staff Using the latest complete country-by-country data, Canada accounted for approximately 1.38% of global carbon dioxide emissions in 2024—generally rounded to 1.4%. Canada emitted approximately 533 million tonnes of CO₂, compared with a global total of about 38.6 billion tonnes. This places Canada 11th among individual countries for annual fossil-fuel and industrial … Read more

China’s Shifting Energy Mix Weakens Pillar of Global LNG Growth

July 30, 2026 by EnergyNow Media

(Reuters) – For years, China was viewed by liquefied natural gas (LNG) producers as the key driver of future demand growth, helping to justify billions of dollars in export infrastructure investment from the U.S. Gulf Coast to Qatar. But China’s appetite for the super-chilled fuel is flagging, even as producers prepare a wave of new … Read more

Entropy Inc. Commissions the Glacier Co-Generation, Carbon Capture and Storage Project Delivering First-of-Kind Low-Carbon Natural Gas and Low-Carbon Power

July 30, 2026 by EnergyNow Media

CALGARY, AB, July 30, 2026 /CNW/ — Entropy Inc. (“Entropy” or the “Corporation”), a subsidiary of Advantage Energy Ltd. (“Advantage”), is pleased to provide a corporate update on the construction, commissioning and commercial operations of the Glacier co-generation, carbon capture and storage project (“Glacier Phase 2”). Glacier Phase 2 provides a new 15 MW co-generation installation with fully … Read more

Baytex Announces Second Quarter 2026 Results; Production Guidance Raised on Strong Duvernay and Peavine Performance; Board Appointments Announced

July 30, 2026 by EnergyNow Media

ARC Resources Ltd. Reports Second Quarter 2026 Results

July 30, 2026 by EnergyNow Media

CALGARY, AB, July 30, 2026 /CNW/ — (TSX: ARX) ARC Resources Ltd. (“ARC” or the “Company”) today reported its second quarter 2026 financial and operational results. HIGHLIGHTS Shell Acquisition On April 27, 2026, ARC announced that it entered into an arrangement agreement with Shell plc (“Shell”) and Shell Canada Limited (“Shell Canada”), a wholly owned subsidiary of Shell, which … Read more

Advantage Announces Second Quarter 2026 Results

July 30, 2026 by EnergyNow Media

(TSX: AAV) CALGARY, AB, July 30, 2026 /CNW/ — Advantage Energy Ltd. (“Advantage” or the “Corporation”) is pleased to report second quarter 2026 financial and operating results. The financial and operating highlights presented below are for Advantage only and exclude its subsidiary Entropy Inc. 2026 Second Quarter Financial Highlights Cash provided by operating activities of $107.3 million. Adjusted funds … Read more

A Data Centre Freeze North of Calgary Comes Just as Edmonton Power Producer Hails the Meta Data Centre Deal

July 30, 2026 by EnergyNow Media

Some communities are pushing back. Rocky View County, near Calgary, has imposed a temporary moratorium on new data centre proposals By This Article and More From Graison Foster Here As an Alberta power producer took a victory lap Wednesday over its contract to help electrify Meta Platforms Inc.’s data centre north of Edmonton, local politicians … Read more

Ranked: The World’s Biggest Mineral Producers – Visual Capitalist

July 30, 2026 by EnergyNow Media

By Melissa Garside | Design Cynthia Tran Vo Key Takeaways China produced 5.3 billion metric tons of minerals in 2024—26.9% of the global total. The top five producers accounted for 61% of global mineral production. Asia-Pacific generated just over half of the world’s mineral output. Minerals are essential to energy systems, construction, manufacturing, and advanced … Read more

Oil Companies Signing Agreements in Venezuela, But Delays Persist

July 30, 2026 by EnergyNow Media

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July 30 (Reuters) – Venezuelan officials and oil executives have moved ahead with the migration of dozens of joint ventures to new terms approved in a sweeping government reform, but delays remain in finalizing the agreements needed to greenlight the projects, ‌four sources involved in the preparations said. Venezuela’s oil ministry had set July 28 … Read more

Drone Strike in Egypt Sparks Security Concerns About Suez Oil Exports

July 30, 2026 by EnergyNow Media

(Reuters) – A drone strike that damaged two gas tankers in Egyptian waters has renewed energy security concerns about the nearby Suez Canal and a related pipeline, a vital export route for Saudi Arabian oil since the beginning of the Iran war. Even as Iran and its Houthi allies have fired on tankers transiting the … Read more

Canadian, U.S. Markets Rise on Earnings Strength, as Oil Prices Ease Slightly

July 30, 2026July 30, 2026 by The Canadian Press

Canadian and U.S. stock markets gained ground on Thursday as investors sifted through fresh corporate earnings reports on both sides of the border.
The S&P/TSX composite index was up 172.06 points at 35,505.84. On the TSX, the gains in the basic ma…

Mideast Oil Faces Bleak New Order as Iran’s Grip on Hormuz Tightens

July 30, 2026 by EnergyNow Media

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By Ron Bousso LONDON, July 30 (Reuters) – Neither full-scale war nor peace is taking hold in the Middle East, trapping energy markets in an uncomfortable limbo that won’t be easy to escape. Worries about the reliability of Gulf supplies are becoming increasingly entrenched among buyers, creating an alarming new norm for the region’s producers. … Read more

China’s Crude Calculus in Iran War

July 30, 2026 by EnergyNow Media

(Reuters) – Explosions tore through a natural gas port on Egypt’s Mediterranean coast on Wednesday, with maritime security firm Ambrey reporting a U.S.-owned floating storage tanker there had been hit by a drone. The strike on Damietta, for which there was no claim of responsibility, came hours after Washington and Saudi Arabia hit Iran-backed paramilitary … Read more

TC Energy Reports Strong Second Quarter 2026 Operating and Financial Results

July 30, 2026 by EnergyNow Media

Solid execution and asset performance support higher end of 2026 financial outlook $0.7 billion of new growth projects sanctioned in second quarter, totaling approximately $3 billion of low-risk, accretive growth projects announced in 2026 CALGARY, Alberta, July 30, 2026 (GLOBE NEWSWIRE) — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) released its second quarter results … Read more

Athabasca Oil Reports 2026 Second Quarter Results Highlighted by Leismer Expansion Milestones and Advancement of Corner Phase 1

July 30, 2026 by EnergyNow Media

CALGARY, Alberta, July 29, 2026 (GLOBE NEWSWIRE) — Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) reported second quarter results highlighted by continued execution of its funded growth strategy. The Company advanced the Leismer expansion and commenced the staged start-up of the next growth well pairs. Corner development activities are progressing as planned, with project sanction … Read more

Obsidian Energy Announces Second Quarter 2026 Results

July 30, 2026 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – July 30, 2026) – OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (“ObsidianEnergy“, the “Company“, “we“, “us” or “our“) is pleased to report our operating and financial results for the second quarter of 2026 (all amounts are in Canadian dollars unless otherwise noted). Highlights: Average production of 28,200 boe/d in the second quarter, … Read more

AltaGas Reports Record Second Quarter Results

July 30, 2026 by EnergyNow Media

Strong Year-to-Date Performance Drives 2026 Guidance Increase CALGARY, AB, July 30, 2026 /CNW/ — AltaGas Ltd. (“AltaGas” or the “Company”) (TSX: ALA) reported second quarter 2026 financial results and provides an update on its 2026 guidance, operations, growth initiatives and corporate developments. Second Quarter Highlights (all financial figures are unaudited and in Canadian dollars unless otherwise noted) Financial Highlights Normalized … Read more

Obsidian Energy Announces Second Quarter 2026 Results

July 30, 2026 by EnergyNow Media

COUNTRY FEATURE: Argentina’s Growth Paradox: Shale Riches Grow as Jobs Disappear Elsewhere

July 30, 2026 by EnergyNow Media

Summary YPF projects Vaca Muerta will generate $50 billion in exports by 2031 Think tank says 28,000 businesses have closed under Milei, 5.5% of national total Oil and gas sector needs 30,000 to 43,000 more workers, institute says (Reuters) – Ramiro Ramirez, a trained mechanic, found work in just a month at Argentina’s Vaca Muerta, … Read more

Shell Profit More Than Doubles to $9.8 Billion, Second-Highest on Record, as Iran War Lifts Prices

July 30, 2026 by EnergyNow Media

Summary Profit of $9.8 bln vs expectations of $8.9 bln, $4.3 bln year ago Share buybacks kept at $3 bln for next quarter Highest profit, operating cashflow since 2022 Shell’s net profit more than doubled from last year to $9.84 billion in the second quarter, beating expectations, helped by higher energy prices and increased market volatility … Read more

Oil Edges Down in Choppy Trading Amid Oman-Iran Talks, US-Iran Tensions

July 30, 2026 by EnergyNow Media

Summary US military says it hit dozens of Iran’s IRGC targets Oil tankers planned for loading at CPC terminal are heading away from Black Sea after strikes Drone strike on Lukoil refinery causes fire, damages distillation unit, sources say Brent and WTI rose more than $1 earlier in the session July 30 (Reuters) – Oil … Read more

Ksi Lisims LNG Inks Formal 20-year Supply Deal with German Utility Uniper

July 30, 2026July 30, 2026 by The Canadian Press

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German utility Uniper has locked down a formal long-term agreement to purchase liquefied natural gas from the $30-billion Ksi Lisims project planned for the northern British Columbia coast.
The Duesseldorf-based company will purchase two million tonne…

NOT ON THE TABLE – PM Carney Plays Down Idea of Curbing Canadian Oil Supplies to US Amid Trade War

July 31, 2026July 30, 2026 by EnergyNow Media

(Reuters) – Prime Minister Mark Carney on Wednesday played down the idea of curbing oil supplies to the United States to gain leverage in a trade war, saying that would harm Canada’s reputation. President Donald Trump, who has already imposed a raft of tariffs against Canada, on Tuesday said he did not care about renewing … Read more

COMMENTARY: The Reality on ‘Energy Transition’ in Canada and Beyond – Fraser Institute

July 30, 2026July 30, 2026 by EnergyNow Media

By Kenneth P. Green For about 50 years now, beginning with the environmental movement of the 1970s, with concerns about global warming, “peak oil” and Al Gore’s Earth in the Balance, many have mused about an “energy transition” to change the way people power their increasingly energy-intensive lives. The idea is that somehow societies could … Read more

Spartan Delta Corp. Announces Second Quarter 2026 Results, Increased 2026 Guidance, and Operations Update

July 29, 2026 by EnergyNow Media

CALGARY, AB, July 29, 2026 /CNW/ — Spartan Delta Corp. (“Spartan” or the “Company“) (TSX: SDE) is pleased to report its unaudited financial and operating results for the three and six months ended June 30, 2026, and an increase to its 2026 guidance. Selected financial and operational information is set out below and should be read in conjunction with … Read more

Saudi Arabia Seeks International Coalition to Protect Red Sea Shipping From Houthis, Sources Say

July 29, 2026 by EnergyNow Media

(Reuters) – Saudi Arabia is seeking to build an international coalition to protect shipping in the Red Sea from Houthi attacks, two people familiar with the deliberations said on Wednesday. The composition of the coalition has not yet been finalised and is being discussed with dozens of countries, the sources said. The Saudi Center for … Read more

Surge Energy Inc. Announces Second Quarter 2026 Financial & Operational Updates

July 29, 2026 by EnergyNow Media

CALGARY, ALBERTA, July 29, 2026 /CNW/ — Surge Energy Inc.(“Surge” or the “Company”) (TSX: SGY) is pleased to announce its financial and operating results for the quarter ended June 30,2026, as well as an update on the Company’s latest operational achievements. As a result of continued successful drilling and waterflood results in Surge’s two core areas, on June 1, 2026 the … Read more

Tourmaline Announces Strong Second Quarter Results and Liquids Marketing Agreement

July 29, 2026 by EnergyNow Media

CALGARY, Alberta, July 29, 2026 /CNW/ — Tourmaline Oil Corp. (TSX:TOU) (“Tourmaline” or the “Company“) is pleased to release financial and operating results for the second quarter of 2026. HIGHLIGHTS Q2 2026 cash flow(1)(2) (“CF“) of $786.1 million ($2.02 per fully diluted share), generating $192.1 million of free cash flow(3) (“FCF“) in the quarter. The Company entered into a long-term agreement … Read more

Saturn Oil & Gas Inc. Increases 2026 Guidance Following Continued Operational Outperformance, Successful Tuck-In Acquisition Activity and Senior Notes Refinancing

July 29, 2026 by EnergyNow Media

Increased average annual production estimate by ~10% to 43,000 to 44,000 boe/d, with target 2026 exit volumes between 48,000 and 50,000 boe/d Expanded development capital budget to $355 to $375 million that draws on our deep and growing inventory, focused on maximizing capital efficiencies and targeting opportunities with short full-cycle times and attractive return potential … Read more

Vermilion Energy Inc. Reports Q2 2026 Results, Increases Annual Production Guidance and Enhances Return of Capital Framework

July 29, 2026 by EnergyNow Media

CALGARY, AB, July 29, 2026 /CNW/ — Vermilion Energy Inc. (“Vermilion”, “We”, “Our”, “Us” or the “Company”) (TSX: VET) (NYSE: VET) is pleased to report operating and condensed financial results for the three and six months ended June 30, 2026. The unaudited interim financial statements and management discussion and analysis for the three and six months ended June 30, 2026 will … Read more

Whitecap Reports Record Second Quarter 2026 Financial Results and Increased Production Guidance

July 29, 2026 by EnergyNow Media

CALGARY, AB, July 29, 2026 /CNW/ — Whitecap Resources Inc. (“Whitecap” or the “Company”) (TSX: WCP) is pleased to report its operating and unaudited 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 Whitecap’s unaudited interim consolidated financial statements and related management’s discussion … Read more

Saturn Oil & Gas Inc. Announces Second Quarter 2026 Results with Production Ahead of Guidance and Over $82 Million of Free Funds Flow

July 29, 2026 by EnergyNow Media

Production of 41,447 boe/d exceeded Saturn’s guidance for the eighth consecutive quarter Adjusted funds flow(1) of $123 million ($0.68/share) drove free funds flow(1) of $82 million ($0.46/share) Nimble asset base and flexible capital program supported the acceleration of $20 million of capital from Q3 into Q2 to bring volumes on sooner into a stronger oil price environment … Read more

US, Saudi Hit Iran’s Allies in Iraq; Trump Vows to Punish Iran for Firing at Troops

July 29, 2026 by EnergyNow Media

(Reuters) – The United States and Saudi Arabia jointly struck Iran-backed groups in Iraq on Wednesday, and President Donald Trump vowed to “beat the fucking shit” out of Iran for firing on U.S. troops just days after he suspended airstrikes. Iran confirmed late Tuesday that it had fired on U.S. bases in Jordan and at … Read more

NOT SO FAST: Alberta is All in on AI Data Centres, But a New Poll Suggests the Public Isn’t

July 30, 2026July 29, 2026 by EnergyNow Media

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More than 40% want a temporary pause on new approvals until their impact on electricity prices, grid reliability, water use and emissions can be reviewed By This Article and More by Graison Foster Here Original: financialpost.com/business/alberta-is-all-in-on-ai-data-centres-a-new-poll-suggests-the-public-isnt/wcm/0fac48fb-16ef-47d6-8d5a-2a4002fcd4e0 A digital rendering of a proposed data centre in Alberta. Albertans don’t appear to be sold on data centres, … Read more

Canada Advances Global Energy Exports by Signing Second European LNG Deal

July 29, 2026 by EnergyNow Media

NISGA’A NATION, BC, July 29, 2026 /CNW/ — The world is changing rapidly. In response, Canada is focused on what we can control: building a stronger, more independent and more sustainable economy. As part of that plan, we are expanding and strengthening our international trade energy exports. Canada has what the world wants, and providing Canadian energy … Read more

Cenovus Announces Second-Quarter 2026 Results

July 29, 2026 by EnergyNow Media

CALGARY, Alberta, July 29, 2026 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced its second-quarter 2026 financial and operating results. In the quarter, the company generated approximately $5.0 billion of adjusted funds flow and $3.8 billion of free funds flow. Operating results in the quarter included Upstream production of 970.4 thousand barrels of … Read more

Bank of Canada Officials Split Over How Long the Recent Economic Rebound Will Last

July 29, 2026July 29, 2026 by The Canadian Press

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Members of the Bank of Canada’s governing council were split over how sustainable a recent economic rebound could be, deliberations from the central bank’s rate decision earlier this month show.
The Bank of Canada held its benchmark interest rate stea…

“UGLY AND RUSTY,” Venezuela’s Refineries are Relics That Will be Hard to Revive

July 29, 2026 by EnergyNow Media

Summary Fully restoring refining capacity would require at least $20 billion, experts say Quakes left refineries unscathed but may divert resources and attention Oil exports have surged since Washington ousted Maduro and eased sanctions (Reuters) – The Paraguana Refining Center in Western Venezuela once symbolized the country’s oil wealth and its ambition to turn vast … Read more

FIRMING UP THE DEAL: Germany’s Uniper Firms Up 20-Year LNG Purchase Deal with Canada

July 29, 2026 by EnergyNow Media

(Reuters) – German state-controlled energy group Uniper on Wednesday finalised a 20-year liquefied natural gas purchase deal with Canada as the two nations ‌deepen their partnership. In a preliminary deal in June, Uniper took initial steps to secure 2 million tons of gas per year from 2032 from Canada’s LNG project Ksi Lisims on British Columbia’s Pacific coast. … Read more

Oil Rises as US-Iran Tension Escalates After Iraq Strikes, Missile Attack

July 29, 2026 by EnergyNow Media

Summary Brent, WTI prices snap three prior sessions of decline Near-term Brent seen whipsawing in $80-$100 range, analyst says Strait of Hormuz tanker traffic remains low, shipping data shows Yemen’s Houthis considering fees for ships sailing through Red Sea, sources say (Reuters) – Oil prices jumped more than 4% on Wednesday as tensions in the … Read more

Trican Reports Second Quarter Results for 2026 and Declares Quarterly Dividend

July 29, 2026 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – July 28, 2026) – Trican Well Service Ltd. (TSX: TCW) (“Trican” or the “Company”) is pleased to announce its second quarter results for 2026. The following news release should be read in conjunction with Management’s Discussion and Analysis (“MD&A”), the unaudited condensed consolidated interim financial statements and related notes for the … Read more

Pulse Seismic Inc. Reports Q2 2026 Financial Results and Declares Regular Quarterly Dividend

July 29, 2026 by EnergyNow Media

CALGARY, Alberta, July 28, 2026 (GLOBE NEWSWIRE) — Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) is pleased to report its financial and operating results for the three and six months ended June 30, 2026. The unaudited condensed consolidated interim financial statements, accompanying notes and MD&A are being filed on SEDAR+ (www.sedarplus.ca) and will … Read more

Precision Drilling Announces 2026 Second Quarter Unaudited Financial Statements

July 29, 2026 by EnergyNow Media

CALGARY, Alberta, July 28, 2026 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. This … Read more

Cenovus Reports Q2 Profit Up From a Year Ago, Raises 2026 Production Guidance

July 29, 2026July 29, 2026 by The Canadian Press

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Cenovus Energy Inc. raised its production forecast for the year as it reported a second-quarter profit of $2.87 billion, up from $851 million a year ago.
That amounted to $1.53 per diluted share, up from 45 cents per diluted share in the same quarter …

PERMITTING AND RISK ASSESSMENT: The Intelligence Behind Safer Work

July 29, 2026July 29, 2026 by EnergyNow Media

By Emma Bundy, Head of Marketing Yokogawa RAP In hazardous and compliance-driven environments, safe work depends on much more than completing a form. It depends on the quality of the risk assessment, the relevance of the controls, and the confidence that every permit reflects the real conditions of the task being performed. This is where … Read more

BC Premier Eby Defends His Minister’s Denouncing LNG Expansion Citing ‘Big Tent’

July 29, 2026July 29, 2026 by The Canadian Press

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British Columbia Premier David Eby says he helped a cabinet minister write her statement denouncing plans for the expansion of a liquefied natural gas plant neighbouring her riding, despite his government advocating for the project.
Kelly Greene, the …

NEW EPISODE #12 – WATCH: 3 MINUTE HISTORY CANADA – The Controversial Birth of Petro-Canada

July 29, 2026July 29, 2026 by EnergyNow Media

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3 Minute History Canada delivers the political fireworks. This week’s episode uncovers the 1975 creation of Petro-Canada — Trudeau’s state-owned oil giant born in the 1973 crisis. Ottawa spent $340 million overnight, clashed hard with Alberta, and turned it into a takeover machine under the NEP. Now it’s just your local gas station. Created by … Read more

Transat to Tap up to $150 Million in Federal Aid as Airlines Struggle With Fuel Costs

July 29, 2026July 29, 2026 by The Canadian Press

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Transat A.T. Inc. says it has secured up to $150 million in federal aid to help offset the soaring price of jet fuel caused by the Middle East war.
The Montreal-based travel company, which runs Air Transat, says the size of the loan will be based on t…

CANADA’S NEW TARGET: Why Anti-Oil and Gas Activists Are Making Canadian LNG, Not Pipelines, Their Next Major Target

July 30, 2026July 29, 2026 by EnergyNow Media

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By Terry J. Winnitoy Environmental organizations and anti-oil and gas activists are increasingly making liquefied natural gas, or LNG, a central target of their campaigns in Canada. The reason is strategic. LNG is not simply another energy project. It is the most important potential driver of future natural gas development in Western Canada. A large … Read more

Cardinal Energy Ltd. Announces Second Quarter 2026 Operating and Financial Results

July 28, 2026 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – July 28, 2026) – Cardinal Energy Ltd. (TSX: CJ) (“Cardinal” or the “Company”) is pleased to announce its operating and financial results for the second quarter ended June 30, 2026. FINANCIAL AND OPERATING HIGHLIGHTS FROM THE SECOND QUARTER OF 2026 Second quarter 2026 production of 25,636 boe/d increased by 21% compared to the same … Read more

Western Energy Services Corp. Releases Second Quarter 2026 Financial and Operating Results

July 28, 2026 by EnergyNow Media

CALGARY, AB, July 28, 2026 /CNW/ — Western Energy Services Corp. (“Western” or the “Company”) (TSX: WRG) announces the release of its second quarter 2026 financial and operating results. Additional information relating to the Company, including the Company’s financial statements and management’s discussion and analysis (“MD&A”) as at June 30, 2026 and for the three and six … Read more

Iran War Deal to Have No Fees, No Tolls for Passage Through Strait of Hormuz, US Official Says

July 28, 2026 by EnergyNow Media

(Reuters) – There are going to be no tolls and no fees for passage through the Strait of Hormuz in a coordination deal being discussed in relation to the waterway restricted by the Iran war, a U.S. official said on Tuesday. The U.S. official said Iran was making unreasonable demands that were rejected by Oman … Read more

Ranked: The Countries That Consume the Most Coal – Visual Capitalist

July 28, 2026 by EnergyNow Media

By Niccolo Conte | Editing Bruno Venditti | Design Christina Kostandi Key Takeaways China accounted for 55.6% of global coal consumption in 2025, using more than the rest of the world combined. China and India together consumed roughly 70% of the world’s coal. Global coal consumption reached a record high for the sixth consecutive year. … Read more

Ottawa Non-Committal on Extending Gas Tax Break as Gas Prices Rise

July 28, 2026 by EnergyNow Media

Federal excise tax suspension is set to expire over the Labour Day weekend By Jonathan Juha Original: financialpost.com/news/national/ottawa-non-committal-on-extending-gas-tax-break-as-gas-prices-rise/wcm/80fbd894-9a0e-403d-b1cd-4e1c9de2d491 With a little more than a month to go before it expires, Ottawa isn’t committing to extending its suspension of the federal excise tax on gas and diesel, even as conflicts in the Middle East continue to … Read more

WEIGHING OPTIONS: PetroChina Reportedly Mulling LNG Canada Stake Sale to Fund Growth

July 29, 2026July 28, 2026 by EnergyNow Media

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PetroChina may reduce its holding gradually through several smaller transactions PetroChina Co. is weighing options to sell part of its shares in LNG Canada Development Inc. to help fund a planned expansion, according to people familiar with the matter. The Chinese state-owned energy giant is working with an adviser to help gauge interest for its … Read more

China in Touch with Yemen’s Houthis to Allow Ships to Sail Through Red Sea, Sources Say

July 28, 2026 by EnergyNow Media

(Reuters) – China has held direct talks with Yemen’s Houthi movement to enable its tankers to sail through the southern Red Sea without being attacked after the Iran-aligned militia pledged to prevent access to Saudi ports, six sources with knowledge of the matter have said. The Houthis declared their blockade on July 20, opening a … Read more

Yemen’s Houthis Say They Fired Ballistic Missiles at Saudi Oil Tanker in Red Sea

July 28, 2026 by EnergyNow Media

(Reuters) – Yemen’s Houthis said on Tuesday that they had fired ballistic missiles at a Saudi oil tanker, accusing the vessel of violating what they described as their maritime blockade on Saudi Arabia in the Red Sea and ignoring warning calls. The Iran-aligned group’s military spokesperson, Yahya Saree, said the vessel was forced to turn … Read more

Saudi Aramco Shuts Jazan Oil Refinery After Attack, IIR Note Shows

July 28, 2026 by EnergyNow Media

(Reuters) – Saudi Aramco shut down its 400,000 barrel per day Jazan oil refinery in Saudi Arabia on July 27 following an attack by Yemen’s Houthi militants on Saturday, a note from consultancy IIR seen by Reuters showed. The attack damaged the plant’s Integrated Gasification Combined Cycle (IGCC) complex and the tank farm area, the … Read more

Tamarack Valley Energy Announces Strong Q2 Results, Provides Operational Update, Declares Enhanced Q3 Dividend and Makes Executive Appointment

July 28, 2026 by EnergyNow Media

CALGARY, AB, July 28, 2026 /CNW/ — Tamarack Valley Energy Ltd. 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 with Tamarack’s unaudited consolidated interim financial statements and management’s discussion and analysis for the three and six months ended June 30, … Read more

PERSPECTIVE: How Will AI Data Centres Fulfill Their Incredible Demand for Electricity? – Yogi Schulz

July 28, 2026 by EnergyNow Media

By Yogi Schulz 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 announced … Read more

OPEC+ Likely to Pause Oil Output Hikes After September

July 28, 2026 by EnergyNow Media

By Reuters July 28 – OPEC+ is likely to pause ‌its gradual oil output hikes after September for the ⁠rest of 2026, four sources said, as it needs to have additional talks before deciding ‌its ⁠output quotas for 2027. OPEC and Russian authorities did ⁠not immediately respond to requests for ⁠comment.

CONFIDENCE IN PM WANING: As Most Canadians Rebuke Trump Tariff Threat and Call for Retaliation, Confidence in PM to Get a Good Deal Declines

July 28, 2026July 28, 2026 by EnergyNow Media

Canadians are experiencing a “déjà vu all over again” moment as President Trump announces sweeping new tariffs on Canadian goods. Fewer than one-in-10 (7%) say Canada should capitulate to avoid them — most want counter-tariffs, and confidence in Mark Carney’s ability to strike a good deal has slipped since spring. Angus Reid Institute, online survey, … Read more

Australia Plans First Domestic Oil Refinery in 60 years to Boost Fuel Security

July 28, 2026 by EnergyNow Media

Summa Australia to conduct feasibility study for refinery Project to help boost sovereign capability, PM says Treasury warns oil market has become more vulnerable (Reuters) – Australia will consider building its first new ‌oil refinery in more than 60 years, Prime Minister Anthony Albanese said on Tuesday, as war in the Middle East squeezes supplies from overseas … Read more

COMMENTARY: Newfoundland Government Sets Worthy Red-Tape Goal—Here’s How to Get There – Fraser Institute

July 28, 2026 by EnergyNow Media

By Alex Whalen Premier Tony Wakeham’s government has set an ambitious goal to reduce red tape, the unnecessary or excessively burdensome regulation on businesses, which drives up the cost of doing business and ultimately harms economic growth in Newfoundland and Labrador. As one leading researcher in the field explained, the term “Red tape is intended to … Read more

THE PIPELINE BOOST: TD Report Predicts ‘Meaningful’ GDP Boost From New West Coast Pipeline

July 28, 2026July 28, 2026 by The Canadian Press

A new oil pipeline to the West Coast would lift Canada and Alberta’s gross domestic product, but perhaps not to the degree the provincial and federal governments are forecasting, says a new report from TD Economics.
The government analysis predicts a…

AI INSIGHT: Can Alberta Become the Compute Capital of Canada? – Maureen McCall

July 28, 2026July 28, 2026 by EnergyNow Media

By Maureen McCall North American trade and infrastructure challenges in the new age of AI The dramatic rise of AI is reshaping energy systems, infrastructure planning and ultimately economies in North America and around the world. The importance of North American trade and its significant impact on the global economy is undeniable, with a reported … Read more

Oil Prices Settle at Lowest in Over a Week, as US Pauses Attacks on Iran

July 27, 2026 by EnergyNow Media

Trump pauses attacks to allow more time for diplomacy, US ambassador says Trump threatens strong military action if talks with Iran fail Strait of Hormuz traffic stays low despite pause in conflict Kazakhstan’s daily oil output halves after exporting terminal closure, source says NEW YORK, July 27 (Reuters) – Oil prices fell on Monday, settling … Read more

Topaz Announces Second Quarter 2026 Financial Results, Tuck-in Acquisition and Guidance Increase

July 27, 2026 by EnergyNow Media

topaz energy corp topaz announces alberta montney royalty and in

CALGARY, AB, July 27, 2026 /CNW/ — Topaz Energy Corp. (TSX:TPZ) (“Topaz” or the “Company”) is pleased to provide second quarter 2026 financial results. Select financial information is outlined below and should be read in conjunction with Topaz’s interim condensed consolidated financial statements (“Financial Statements”) and related management’s discussion and analysis (“MD&A”) as at and for the three and … Read more

Gibson Energy Reports Second Quarter 2026 Results, Highlighted by Record Infrastructure Adjusted EBITDA and Strategic Growth Execution

July 27, 2026 by EnergyNow Media

CALGARY, Alberta, July 27, 2026 (GLOBE NEWSWIRE) — Gibson Energy Inc. (TSX:GEI) (“Gibson” or the “Company”) announced today its financial and operating results for the three and six months ended June 30, 2026. Key Highlights: Delivered record Infrastructure adjusted EBITDA(1) of $169 million, driven by higher throughput, improved utilization and continued optimization across the growing asset network Generated … Read more

Baker Hughes Flags Lower Spending by Oil and Gas Producers in 2026

July 27, 2026 by EnergyNow Media

(Reuters) – Baker Hughes said on Monday it expects annual global spending by oil and gas producers to decline modestly this year, with growth in Latin America, offshore Africa, and North America land offset by lower spending in Europe and the Middle East. The Middle East conflict has dominated energy markets this year with repeated … Read more

Houthis Say They Targeted Saudi East-West Oil Transport

July 27, 2026 by EnergyNow Media

(Reuters) – Yemen’s Iran-aligned Houthis said on Monday they targeted a number of sensitive crude oil supply and transport sites linking eastern Saudi Arabia to the critical Red Sea oil export hub of Yanbu. Saudi state oil giant Aramco did not immediately respond to a request for comment. Houthi military spokesperson Yahya Saree said the … Read more

TSX Rises Nearly 200 Points as Oil Prices Fall and Geopolitical Tensions Ease

July 28, 2026July 27, 2026 by The Canadian Press

Canada’s main stock index finished in positive territory, and oil prices fell Monday after the U.S. and Iran paused attacks, while U.S. markets were mixed.
Oil prices reversed course from a week ago, when a sharp escalation in fighting between th…

WE’RE IN CONTROL: Iran Says it Still Controls Strait, Not Seeking Talks, After Trump Halts Bombing

July 27, 2026 by EnergyNow Media

Iran said on Monday it was still in control of the Strait of Hormuz and not seeking to resume peace talks with the United States, after President Donald Trump halted a two-week bombing campaign that his top brass told him had run its course. Following 13 successive nights of intensifying bombing that provoked Tehran to … Read more

THE OIL MARKET: Crude Oil Futures are Pricing Market Adaptability, Not Hopeful Iran Peace: Russell

July 27, 2026 by EnergyNow Media

Reuters One of the debates since the start of the Iran war has been whether crude oil futures are accurately reflecting the stresses in physical markets for both oil and refined products, or if they are blindly optimistic that peace is around the corner. The Iran war between the United States and Iran continues along … Read more

Saturn Oil & Gas Inc. Announces Completion of the Offer for the Common Shares of Burgess Creek Exploration Inc. and Mandatory Extension Period to August 6, 2026

July 27, 2026 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – July 27, 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 announce that our offer (the “Offer“) to acquire all of the issued and outstanding common … Read more

Oil Prices Hit One-Week Low After US, Iran Pause Fighting Over Weekend

July 27, 2026 by EnergyNow Media

Summary Trump pauses attacks to allow more time for diplomacy, US ambassador says Strait of Hormuz traffic stays low despite pause in conflict Kazakhstan’s daily oil output halves after exporting terminal closure, source says (Reuters) – Oil prices tumbled 7% on Monday, hitting a one-week low, ‌after the U.S. and Iran paused strikes over the weekend following … Read more

ASSET INTEGRITY – Evolved and Integrated with Muddy Boots

July 27, 2026 by EnergyNow Media

In the world of oil and gas, managing asset integrity shouldn’t require juggling multiple disconnected systems. Yet for many producers, that’s the reality – equipment data lives in one place, inspections in another, and scheduling somewhere else. It’s a recipe for misalignment, inefficiency, and risk. Muddy Boots changes that. Our all-in-one operations platform has organically … Read more

METHANE MONITORING: Wireless Methane Detection for Hard-to-Access Natural Gas Storage Sites

July 27, 2026 by EnergyNow Media

Methane monitoring is an important consideration at underground natural gas storage facilities, particularly around wellheads and other potential leak sources. However, adding fixed-point gas detection is not always straightforward. At established brownfield facilities, the locations that require additional monitoring may be far from existing power, communications wiring or conduit. Extending that infrastructure can require considerable … Read more

MOVING CANADA FORWARD: An Argument for the West Coast Oil Pipeline

July 27, 2026 by EnergyNow Media

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How economic reconciliation, global demand and infrastructure pragmatism can rebuild Canada energy sovereignty By Jim Rushton A West Coast Oil Pipeline (WCOP) proposal was announced on July 2. It would run from Bruderheim, Alberta—northeast of Edmonton—to Delta, B.C., largely twinning the existing Trans Mountain route. Trans Mountain Corporation and Pembina Pipeline have come forward as proponents. The … Read more

CANADA’S NEXT OIL EXPORT WAVE: A Project-by-Project Look at Nearly Three Million Barrels a Day of Potential Pipeline Capacity

July 28, 2026July 27, 2026 by EnergyNow Media

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By EnergyNow Editorial Staff New Pacific and east-west pipelines, a reworked Keystone XL proposal and lower-cost expansions of Trans Mountain and Enbridge’s existing systems could reshape where Canadian oil is sold. The bigger question is which projects will actually be built. Canada is entering another consequential period for pipeline development. After years in which most … Read more

PERSPECTIVE: Wind and Solar Have an Important Role – But They Are Energy “Diversification”, Not Energy “Transition”

July 27, 2026 by EnergyNow Media

By EnergyNow Editorial Staff The debate over renewable and conventional energy is too often presented as a choice with wind and solar on one side, oil, natural gas, nuclear and hydro on the other. That framing may be politically convenient for anti-oil and gas groups and politicians, but it bears little resemblance to the way … Read more

Iran War Spreads to Red Sea and Caspian, Gulf Quiet as US Forgoes Strikes

July 26, 2026 by EnergyNow Media

Signs of the Iran war’s spread emerged this weekend despite a pause in U.S. strikes, as Yemen’s Iran-aligned Houthis attacked Saudi oil installations along the Red Sea coast and Iran accused Ukraine of targeting an Iranian vessel in the Caspian Sea. The U.S. military said on Saturday that its naval blockade against Iran “remains in … Read more

Kuwait’s KPC Signs $16 Billion Lease and Leaseback Deal for Oil Pipeline Network

July 26, 2026 by EnergyNow Media

Reuters Kuwait Petroleum Corporation (KPC) has signed a $16 billion deal to lease and lease back its crude oil pipeline network with a consortium comprising global funds Blackstone, Brookfield and KKR, the state-owned Gulf firm said on Saturday. It said it was the largest foreign direct investment in the country’s history. Under the investment called … Read more

Iranian Oil Minister Says it Sold $18 Billion of Oil During War and Ceasefire

July 26, 2026 by EnergyNow Media

Iranian Oil Minister Mohsen Paknejad said Iran sold $11.5 billion worth of oil during the war and a further $6.5 billion during a ceasefire, when lower risks to tanker traffic helped increase exports and enabled the sale of part of around 100 million barrels of stored crude oil and gas condensate. The sales generated more … Read more

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

July 26, 2026July 26, 2026 by The Canadian Press

Five things to watch for in the Canadian business world in the coming week:
Bank of Canada
The Bank of Canada on Wednesday will publish a summary of the governing council’s monetary policy deliberations for its interest rate decision earlier this mont…

B.C. Government Allows Accelerated Expansion of the Tilbury LNG Fuel Facility

July 26, 2026July 26, 2026 by The Canadian Press

The British Columbia government is exempting a utility company that plans to expand its liquefied natural gas plant in Metro Vancouver, allowing the $2-billion investment to move ahead.
Energy Minister Adrian Dix says the government has issued an ord…

Devon Energy Mulls $4 Billion Sale of Eagle Ford, Powder River Assets, Bloomberg News Reports

July 24, 2026 by EnergyNow Media

(Reuters) – U.S. oil and gas producer Devon Energy is weighing a potential sale of its Eagle Ford and Powder River shale assets that could fetch more than $4 billion, Bloomberg News reported on Friday, citing people familiar with the matter. The potential divestment comes amid continued investor pressure on Devon to streamline its portfolio … Read more

The Pipeline, the Politics, the Fallout: Who’s up, Who’s Down After Alberta to B.C. Project Announcement

July 24, 2026 by EnergyNow Media

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July 23, 2026 – The announcement of a proposed new oil pipeline from Alberta to the British Columbia coast has opened a new front in Canadian energy politics, promising expanded access to overseas markets while renewing longstanding debates over economic benefits, environmental risk and provincial interests. New data from the non-profit Angus Reid Institute finds … Read more

Oil Falls on Report China Pushing for End US-Iran War

July 24, 2026 by EnergyNow Media

Brent, WTI fall by more than 5% before paring losses Trump vows to punish Iran for Houthi Red Sea attacks Strait of Hormuz tanker crossings subdued HOUSTON, July 24 (Reuters) – Crude oil futures prices were more than 4% lower on Friday after sources said that China had initiated a push to resume stalled peace … Read more

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

July 24, 2026 by EnergyNow Media

(Reuters) – U.S. energy firms this week cut the number of rigs operating for the first time in six 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 one to 587 in the week to … Read more

Hormuz Tanker Crossings Slip to Lowest in More Than Two Months, Data Shows

July 24, 2026 by EnergyNow Media

(Reuters) – The number of tankers crossing the Strait of Hormuz fell to just one on Thursday, the lowest level since May 7, according to shiptracking data, amid ongoing shipping risks in the Middle East and as oil prices surged back to $100 a barrel. Only one tanker crossed the Strait of Hormuz on July … Read more

Trump Vows to Punish Iran and Houthis for Attacks in Red Sea

July 24, 2026 by EnergyNow Media

(Reuters) – U.S. President Donald Trump promised “major military punishment” for Iran and its Houthi allies after the Yemeni fighters struck two Saudi oil tankers in the Red Sea, extending the Middle East war to a second major shipping chokepoint. Fears that disruption could widen to block another sea route sent global oil prices surging … Read more

Headwater Exploration Inc. Announces Second Quarter Operating and Financial Results and Declares Quarterly Dividend

July 24, 2026 by EnergyNow Media

CALGARY, AB, July 23, 2026 /CNW/ — Headwater Exploration Inc. (the “Company” or “Headwater“) (TSX: HWX) is pleased to announce its operating and financial results for the three and six months ended June 30, 2026. Selected financial and operational information is outlined below and should be read in conjunction with the unaudited condensed interim financial statements and the related management’s discussion … Read more

“IT’S A HARD NO”- Bell: A Fighting Danielle Smith Tells Rest of Canada, Keep Your Hands off Alberta Oil

July 24, 2026 by EnergyNow Media

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Premier Danielle Smith to Canada — Don’t mess with Alberta oil By Rick Bell Dominic A. LeBlanc, Minister responsible for Canada-U.S. Trade, Intergovernmental Affairs and Minister of Internal Trade, speaks with Alberta Premier Danielle Smith, who is seen crossing her fingers, before the start of a First Ministers meeting in Charlottetown, PEI on Thursday, July 23, … Read more

Oil Retreats from Above $100, but Set for Weekly Rise on Middle East Escalation

July 24, 2026 by EnergyNow Media

Summary Brent, WTI down over $3 earlier in session; set for around 10% weekly gain Trump vows to punish Iran for Houthi attacks in the Red Sea Hormuz tanker crossings subdued (Reuters) – Oil futures prices fell over 3% on Friday but are still set for hefty ‌weekly gains because of concerns about disrupted … Read more

THE DEAL: Maritime Provinces Sign Energy Deal, Will Consider Regional Electricity Operator

July 24, 2026July 24, 2026 by The Canadian Press

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Canada’s three Maritime provinces agreed Thursday to work together on their future electricity needs as the country looks to bolster its energy security.
The provincial governments plan to make a regional road map for electricity transmission by next …

THE MAMMOTH EFFORT: Inside a Mammoth Effort to Build B.C.’s Next LNG Terminal

July 24, 2026July 24, 2026 by EnergyNow Media

Woodfibre LNG says it has reached 70 per cent completion with production coming into view at time when Canada is looking to diversify exports By This Story and More by Derrick Penner Here From the eastern shores of Howe Sound in southwestern B.C., it may be difficult at first to appreciate the sheer size of … Read more

REALITY: For B.C. Premier Horgan’s Former Top Public Servant Tells Canada to Drop the Demonization of Alberta

July 24, 2026July 24, 2026 by EnergyNow Media

Don Wright ran B.C.’s public service. His new reading of 30 years of federal fiscal data says Alberta’s oilsands quietly paid the rest of the country’s bills—and he is not finished with the argument. By Stewart Muir Don Wright at the IPSS 2022 | Resource Works Society Don Wright served as deputy minister to the … Read more

The Top Five Reasons Energy Service Companies Are Becoming Prime Acquisition Targets in Western Canada – Examining a Recent Deal

July 29, 2026July 24, 2026 by EnergyNow Media

As Canada’s Energy Expansion Cycle Accelerates, Demand for Oilfield and Industrial Service Companies is Surging Western Canada’s energy industry is entering a new phase of growth, and the companies attracting some of the strongest investor and buyer interest are no longer just producers. Increasingly, it is the energy service sector—oilfield service providers, environmental services firms, … Read more

ANALYSIS: Canada Has Agreed to Build. But Canada Still Cannot Identify a Major Project Timeline

July 26, 2026July 24, 2026 by EnergyNow Media

The premiers’ new consensus on energy corridors and faster approvals is significant. But Canada still cannot say how long a major project actually takes. By Stewart Muir Canada’s premiers hold a press conference closing the Council of the Federation meetings in Charlottetown on Wednesday July 22, 2026. THE CANADIAN PRESS/Darren Calabrese Something important happened in … Read more

Ovintiv Reports Second Quarter 2026 Financial and Operating Results

July 23, 2026 by EnergyNow Media

Increasing Share Buybacks; Full Year Production Guidance Raised; Capital Guidance Unchanged Highlights: Generated second quarter cash from operating activities of $1.6 billion, Non-GAAP Cash Flow of approximately $1.3 billion and Non-GAAP Free Cash Flow of $682 million after capital expenditures of $574 million Produced average second quarter volumes of 615 thousand barrels of oil equivalent … Read more

OPEC+ Likely to Again Raise Oil Output Targets From September, Sources Say

July 23, 2026 by EnergyNow Media

By Olesya Astakhova and Alex Lawler OPEC+ seven members meet on August 2 Iran war pushes oil back to $100 a barrel Red Sea threats raise Gulf export concerns MOSCOW/LONDON, July 23 – OPEC+ oil-producing countries will likely agree a further hike in ‌output targets from September when they meet on August 2, three sources … Read more

U.S. Fuelmakers Tap Venezuela Oil to Hedge Canadian Wildfire Risk

July 23, 2026 by EnergyNow Media

Imports from Venezuela are on pace to hit 804,000 barrels a day By Lucia Kassai American fuelmakers are gorging on the most Venezuelan oil in almost a decade as the threat of wildfires in Canada risks disrupting supplies at a time when refineries from Texas to Louisiana are running at full tilt. Imports from Venezuela … Read more

Oil Settles Over $100 as Houthi Attacks Intensify Middle East Supply Risks

July 23, 2026 by EnergyNow Media

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By Siddharth Cavale Brent closes above $100 a barrel for first time since May 22 Houthis say they attacked Saudi tankers in the Red Sea Trump vows “major military punishment” for Iran and its Houthi allies NEW YORK, July 23 (Reuters) – Oil prices settled above $100 on Thursday for the first time since May … Read more

Trump Tells Axios he is Considering Restarting Major Combat Operations in Iran

July 23, 2026 by EnergyNow Media

(Reuters) – U.S. President Donald Trump told Axios in an interview on Thursday that he is seriously considering restarting major combat operations in Iran, which could include larger strikes than those carried out during “Operaton Epic Fury,” the news outlet reported. “They haven’t received enough pain yet,” Axios quoted Trump as saying, adding that Trump … Read more

Canadian, U.S. stock Markets Fall as Oil Tops US$90 a Barrel

July 23, 2026July 23, 2026 by The Canadian Press

Canadian and U.S. markets lost ground Thursday following a sharp increase in oil prices after attacks on two Saudi oil tankers in the Red Sea.
Carol Schleif, chief market strategist at BMO Private Wealth, said that markets were facing a “wall of worr…

Fuel Costs on the Rise as Latest Geopolitical Turmoil Drives up Crude Oil Prices

July 23, 2026July 23, 2026 by The Canadian Press

Fuel costs are on the rise in Canada as geopolitical turmoil drives the price of crude oil to its highest level in more than a month.
Gasbuddy.com, which crowdsources pump price data from across Canada and the U.S, says the Canadian national average …

Global Power Demand to Accelerate in 2026 and 2027, IEA Says

July 23, 2026 by EnergyNow Media

(Reuters) – Global electricity demand is expected to continue to grow faster in 2026 and 2027, with renewables expected to take over as the world’s largest source of electricity generation in 2026, the International Energy Agency said in its Electricity Mid-Year Update. Global electricity demand is expected to grow by 3.6% in 2026 and 3.8% … Read more

Cutting Off Red Sea Oil Route May Be One Crisis Too Many: Bousso

July 23, 2026 by EnergyNow Media

uss kearsarge (lhd 3) transits the strait of hormuz.

(Reuters) – The expansion of the Iran war to the Red Sea has thrown the oil market another dangerous curveball, choking off a fragile recovery in energy flows. The global economy might increasingly respond to this escalation by slowing down. Nearly two weeks into the renewed conflict between the United States and Iran, tensions in … Read more

China Refiners Snap Up September Russian Crude, Eye Iranian Oil as Mideast Supply Risks Grow

July 23, 2026 by EnergyNow Media

Strong demand for Russian oil from China to replace Mideast supply Two Chinese refiners buy most of the September-loading ESPO Some independents seek to resell Mideast crude for profit Chinese refiners in talks to buy cheaper Iranian oil SINGAPORE, July 23 (Reuters) – Some Chinese refiners have ramped up purchases of sanctioned Russian crude despite … Read more

Kazakhstan’s Oil Output Plummets After Drone Attacks Forced Exporting Terminal Closure, Sources Say

July 23, 2026 by EnergyNow Media

a kazmunaygas oil field in akkystau village near atyrau, kazakhstan

(Reuters) – Oil production in Kazakhstan has declined after the closure of a Black Sea terminal that serves as the main outlet for the country’s crude shipments and was recently targeted by drone attacks, two industry sources said on Thursday. The decline has been particularly sharp at the Chevron-led Tengiz field, Kazakhstan’s largest oilfield. One … Read more

Goldman Sachs Maintains Brent Forecast of $80/barrel for Fourth Quarter of 2026

July 23, 2026 by EnergyNow Media

(Reuters) – Goldman Sachs maintained on Thursday its Brent crude forecast of $80/barrel for the fourth quarter of 2026, saying lower Middle East supply should support prices if tensions between the United States and Iran ease by year-end. The investment bank said its forecast reflects price support from lower Middle East output in the second … Read more

Soccer World Cup Helped Lift US Jet Fuel Demand to Record Last Week, EIA Data Shows

July 23, 2026 by EnergyNow Media

(Reuters) – U.S. jet fuel demand hit a record high last week as soccer fans thronged to New York and New Jersey to watch Spain take on Argentina in the final match of the World Cup, data from the U.S. Energy Information Administration showed on Wednesday. U.S. jet fuel product supplied – the EIA’s way … Read more

Yemen’s Houthis Say They Targeted Two Saudi Tankers; Source Says Encelia Hit by Missile

July 23, 2026 by EnergyNow Media

(Reuters) – Yemen’s Houthis said early on Thursday they had carried out a military operation targeting two Saudi oil tankers, and maritime security reports said one of the vessels named by the group, the Saudi-flagged tanker Encelia, had been hit in the Red Sea. The Houthis identified the two tankers as “ENCELIA” and “LAYLA”, saying … Read more

Mullen Group Reports $36M Q2 Profit, Up From $25.6M a Year Ago

July 23, 2026July 23, 2026 by The Canadian Press

Trucking and logistics company Mullen Group Ltd. reported a second-quarter profit of $36 million, up from $25.6 million a year ago, as its revenue rose more than 10 per cent.
The company says the profit amounted to 37 cents per diluted share for the q…

North Dakota Oil Production Down 16,000 Bpd in May vs April to 1,125,000 bpd – State Regulator

July 23, 2026 by EnergyNow Media

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Oil production in North Dakota fell 16,000 barrels-per-day (bpd) to 1,125,000 bpd in May, monthly data from the state Industrial Commission showed. Bakken and Three Forks oil production stood at 1,096,000 bpd in the month. The data was released on the North Dakota Industrial Commission’s general statistics webpage and has been rounded to the nearest … Read more

COMMENTARY: Ontario and Alberta Governments Should Not Moonlight as Energy Companies on the Taxpayer Dime

July 24, 2026July 23, 2026 by EnergyNow Media

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By Julio Mejía and Elmira Aliakbari Premier Doug Ford and Alberta Premier Danielle Smith recently unveiled their proposal for a pipeline that would carry oil from Alberta to Ontario. Thanks to federal policies, private-sector companies are unwilling to invest in the project. More on that in a moment. The 3,300-kilometre pipeline proposal, called the Northern Shield Energy … Read more

Oil Prices Rise for a Fifth Day on Supply Concerns Amid Chokepoint Threats

July 23, 2026July 23, 2026 by EnergyNow Media

Summary Brent crude up, at its highest since June 8 Iran’s Revolutionary Guards say Strait of Hormuz is under their control and ‘completely closed’ U.S. completes 12th straight night of attacks on Iran (Reuters) – Oil prices rose for a fifth day on Thursday on increasing concerns about supply availability amid attacks on tankers in … Read more

US Says it Reaches Nuclear Power Deal With Saudi Arabia

July 23, 2026 by EnergyNow Media

Summary Companies Congress now has 90 session days to object before the pact takes effect The pact omits the IAEA Additional Protocol for intrusive snap inspections It allows Saudi Arabia to enrich uranium and reprocess nuclear waste (Reuters) – The U.S. and Saudi Arabia have reached a landmark agreement on civil nuclear power, the U.S. … Read more

THE BOTTOM LINE: Taxpayers Will Pay for Alberta’s New Pipeline Because Federal Government Policy Has Chased Away Private Investment

July 23, 2026July 23, 2026 by EnergyNow Media

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By: Julio Mejía and Elmira Aliakbari The Alberta government and the Carney government recently jointly submitted a new oil pipeline proposal to the federal “Major Projects Office” where Carney and his cabinet will decide whether or not to fast-track the proposal through the regulatory process. Why do the Smith and Carney governments plan to build … Read more

CONSIDERING IT: Manitoba Premier Kinew ‘Willing to Entertain’ Alberta to Ontario Pipeline

July 23, 2026July 23, 2026 by The Canadian Press

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Manitoba Premier Wab Kinew said Wednesday he’s open to a west-east pipeline being pitched by his counterparts in Alberta and Ontario.
Kinew, speaking to reporters at a meeting of premiers in Charlottetown, said the pipeline could make Canada stronger …

QatarEnergy Prepares to Extend Force Majeure on LNG into Mid-October, Bloomberg News Reports

July 22, 2026 by EnergyNow Media

(Reuters) – QatarEnergy is readying to extend force majeure on liquefied natural gas shipments through mid-October, Bloomberg News reported on Wednesday, citing people with knowledge of the matter. Several buyers in Europe and Asia said separately they are expecting a formal notification, the report said. Reuters could not immediately verify the report. QatarEnergy did not … Read more

Iran’s Qalibaf Says No One Will Sell Oil in the Region if Iran Cannot

July 22, 2026 by EnergyNow Media

(Reuters) – Iran’s top negotiator Mohammad Baqer Qalibaf said on Wednesday that no one will be able to sell oil in a region where Iran is not able to do so, adding that if Tehran’s security is not ensured, no infrastructure will be safe. “The equation of this war is clear: either all or none,” … Read more

Trump: US Will Attack Iranian Bridge, Power Plant for Every Ship Targeted in Hormuz

July 22, 2026 by EnergyNow Media

WASHINGTON, July 22 (Reuters) – President Donald Trump renewed his threats to attack Iranian infrastructure ‌on Wednesday, saying the U.S. would attack a bridge or power plant each time Tehran targets a ship in the Strait of Hormuz. “Any time the Islamic Republic of Iran ⁠shoots at a ship in the Strait of Hormuz, whether … Read more

TSX Rises to Reach New Record High as Investors Shrug Off Latest U.S. Tariff Threats

July 23, 2026July 22, 2026 by The Canadian Press

Canada’s main stock index rose more than 100 points to reach a new record high despite tariff concerns, as U.S. stock indexes barely budged on Wednesday.
“The markets are still chugging along; I would call it looking for a reason to go higher bu…

Iraq’s Oil Minister Says US Energy Deals Worth About $200 Billion

July 22, 2026 by EnergyNow Media

BAGHDAD, July 21 (Reuters) – Iraq’s oil minister said on Tuesday that agreements signed between the oil ministry ‌and U.S. companies during the Iraqi Prime Minister Ali al-Zaidi’s visit to U.S. were estimated at $200 billion. In an interview with Iraqi ⁠state television, the minister Basim Mohammed said the agreements would add significant oil production … Read more

Mideast War Escalation Threatens Recovery in Global Oil Refining

July 22, 2026 by EnergyNow Media

By Siyi Liu, Trixie Sher Li Yap, Nicole Jao and Seher Dareen Crude supply disruption hampers Asian fuel output recovery Strained Asian output and Russian diesel export ban boost global refining margins China has most spare capacity to boost throughput Refiners in Europe and US to run flat out in third quarter SINGAPORE, July 22 … Read more

More Red Sea Shipments Disrupted as Rubio Says Iran Not Serious About Talks

July 22, 2026 by EnergyNow Media

(Reuters) – U.S. Secretary of State Marco Rubio said on Wednesday that Iran is not serious about talks to end their war, as the widening conflict disrupted two of the world’s most critical energy chokepoints. Four tankers carrying Saudi crude to Asia reversed course in the Red Sea on Wednesday, a day after three others … Read more

More Ships Change Course in the Red Sea After Houthi Threats, Shipping Data Shows

July 22, 2026 by EnergyNow Media

(Reuters) – Four tankers changed their navigational course in the Red Sea on Wednesday with two signalling the Suez Canal as their new destination after Yemen’s Houthi militia warned ships to avoid sailing to Saudi Arabian ports, ship tracking data showed. The vessels all changed their direction, with the other two signalling their destination as … Read more

Oil Climbs Over 4% to Near Six-Week High as Conflict Threatens Key Oil Transit Routes

July 22, 2026 by EnergyNow Media

By Anushree Ashish Mukherjee Summary US military carries out 11th successive night of attacks on Iran Three tankers carrying Saudi crude make U-turns in Red Sea after Houthi warning Brent and WTI touch highest since June 11 July 22 (Reuters) – Oil prices rose to a near six-week high on Wednesday, with Brent crude surpassing $95 … Read more

Why Oil Prices Haven’t Gone Crazy Despite 5 Months of US-Iran War

July 22, 2026 by EnergyNow Media

By Anushree Ashish Mukherjee China sharply cut crude imports and demand, reducing pressure on global oil markets U.S. boosted output and released Strategic Petroleum Reserve crude June reopening of Strait of Hormuz eased immediate supply fears July 20 (Reuters) – As the United States and Israel went to war with Iran at the end of … Read more

ENERGY SERVICES DEAL: Investment Giant Brookfield Buys Edmonton’s Gregg Distributors for $1.6 Billion

July 22, 2026 by EnergyNow Media

One of the world’s largest investment firms is making a major bet on the equipment and supplies that keep Western Canada’s economy operating. Brookfield has agreed to acquire Edmonton-based Gregg Distributors LP, a nearly 60-year-old supplier of industrial, automotive, agricultural, construction and heavy-truck products. The transaction values the company at an enterprise value of approximately … Read more

COMMENTARY: Why the Experts Cannot Agree on Where the US-Iran War & Oil Is Headed – Jim Warren

July 22, 2026 by EnergyNow Media

The general unreliability of all information presents a special problem in war: all action takes place, so to speak, in a kind of twilight, which, like fog or moonlight, often tends to make things seem grotesque and larger than they really are. Carl von Clausewitz, On War (1832-4) By Jim Warren There is a … Read more

THE AI DATA CENTRE OPPORTUNITY: How Will Alberta Approve the Incredible Demand for Electricity From AI Data Centres? – Yogi Schulz

July 22, 2026July 22, 2026 by EnergyNow Media

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By Yogi Schulz The incredible demand for AI-related computing capacity is driving rapid growth in AI data centres worldwide, as shown in the chart below. 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. Source: AI … Read more

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

July 22, 2026 by EnergyNow Media

CALGARY, AB, July 21, 2026 /CNW/ — Ensign Energy Services Inc. (“Ensign“) is pleased to announce that it, through a subsidiary, has entered into an agreement with the shareholders of Citadel Drilling Ltd. (“CDL“) for Ensign to acquire, subject to certain closing conditions, all of the issued and outstanding shares of CDL (the “Transaction“) for consideration of … Read more

US War in Iran Has Cost $37.5 Billion So Far, Pentagon Says

July 22, 2026 by EnergyNow Media

The United States’ war in Iran has cost $37.5 billion so far, U.S. Defense Secretary Pete Hegseth said on Tuesday, an increase of nearly $8 billion since the last public estimate. Hegseth told lawmakers at a hearing in Washington that the figure included certain aspects of the war as well as anticipated costs through … Read more

TC Energy Brings Two New Western Alberta Gas Transport Projects Into Service

July 22, 2026July 22, 2026 by The Canadian Press

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Natural gas shipper TC Energy Corp. says two newly built projects are up and running in western Alberta.
The Calgary-based company says it invested a total of $500 million in its Valhalla North and Berland River projects.
They’re part of TC’s vast NG…

THE BUSINESS CASE: The World Keeps Asking Canada for LNG…and It’s Running Out of Patience

July 24, 2026July 22, 2026 by EnergyNow Media

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By Ian Biana Shannon Joseph has spent the past year doing something Canadians rarely do. She listened to the customer. Joseph chairs Energy for a Secure Future, a coalition backed by the Canadian natural gas industry. She returned to join Stewart Muir on the Power Struggle podcast this month, fresh off a run of international missions, … Read more

FOSSIL FUELS ARE STILL CENTRAL TO CANADIAN ENERGY – Fossil Fuels Still Accounted for 76.3% of Canada’s Domestic Energy Consumption in 2024 Compared to 76.8% in 1995

July 23, 2026July 22, 2026 by EnergyNow Media

Despite government spending and regulations on green energy transitions, fossil fuels still accounted for 76.3% of Canada’s domestic energy consumption in 2024 compared to 76.8% in 1995 By: Kenneth P. Green, Julio Mejía and Elmira Aliakbari Energy Facts – Canada Edition Despite continued discussion about energy system transitions, fossil fuels remain central to Canada’s … Read more

NEW EPISODE #11 – WATCH: 3 MINUTE HISTORY CANADA – The 1970s Megaproject Boom

July 22, 2026July 22, 2026 by EnergyNow Media

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3 Minute History Canada goes mega! This week’s episode explores the massive energy megaprojects sparked by the 1970s oil shocks — Syncrude’s Mildred Lake oilsands giant, heavy-oil upgraders, SAGD innovation, and the stormy offshore developments and innovations at Hibernia and Sable Island. Ambition, engineering grit, and federal-provincial tension in one epic decade. Created by historian … Read more

Houthis Warn Shipping Companies to Avoid Saudi Ports, Email Shows

July 21, 2026 by EnergyNow Media

(Reuters) – Shipping companies should not load or discharge cargo at Saudi Arabian ports and such activity may result in being targeted “in any location” by Yemen’s Iran-aligned Houthi militia, according to an email sent to companies by the Houthis. The Houthis on Monday declared a naval blockade against Saudi Arabia, opening a potential new … Read more

Bessent Says China’s Iranian Oil Purchases Have Decreased- Fox Business

July 21, 2026 by EnergyNow Media

(Reuters) – U.S. Treasury Secretary Scott Bessent said on Tuesday that there has been a substantial decrease in China’s purchases of Iranian oil. “We have sanctioned Chinese… so-called teapot refineries, which are the private refineries, and we’ve seen a substantial decrease in their purchases of Iranian oil,” Bessent said in an interview with Fox Business … Read more

Goldman Sees Brent Exceeding $120/bbl in Q4 if Hormuz Disruptions Persist

July 21, 2026 by EnergyNow Media

(Reuters) – Goldman Sachs said on Monday that Brent crude could top $120 a barrel in the fourth quarter this year and average $100 a barrel next year if flows through the Strait of Hormuz remain disrupted and Gulf output only fully recovers by the end of 2027. Oil prices softened on Tuesday, with markets … Read more

Saudi Arabia Crude Exports Fall to 3.434 mln bpd in May

July 21, 2026 by EnergyNow Media

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(Reuters) – Saudi Arabia’s crude oil exports in May fell to 3.434 million barrels per day from 3.986 million bpd in April, official data showed on Tuesday. Monthly export figures are provided by Riyadh and other members of the Organization of the Petroleum Exporting Countries (OPEC) to the Joint Organizations Data Initiative (JODI), which published … Read more

IEA Says Substantial Emergency Oil Stocks Remain After Record Release

July 21, 2026 by EnergyNow Media

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July 21 (Reuters) – The International Energy Agency’s (IEA) member countries still hold substantial emergency oil stocks in reserve ‌despite the largest coordinated release of strategic reserves on record, it said on Tuesday. The agency said that about 290 million barrels of oil have been released by member countries since the release ⁠was announced on … Read more

Halliburton Beats Estimates on Europe, Latin America Oilfield Services Demand

July 21, 2026 by EnergyNow Media

Halliburton’s quarterly Middle East revenue falls nearly 11% CEO Miller expects North America recovery to continue this year Shares fall 4.3% July 21 (Reuters) – Halliburton (HAL.N) edged past Wall Street estimates for second-quarter profit on Tuesday as gains in its other international markets ‌offset declines in the Middle East, but shares fell 4.3% in … Read more

INSIGHT: While Canadian and U.S. Business Leaders Meet to Collaborate on Pacific North West Trade and Projects, Trump Spoils the Well – Maureen McCall

July 21, 2026 by EnergyNow Media

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What a difference a day makes. Maureen McCall While U.S. and Canadian business leaders and U.S. Ambassador to Canada Pete Hoekstra were in morning meetings at the 2026 Pacific Northwest Economic Region (PNWER) Annual Summit in Edmonton, Alberta, discussing greater U.S./Canadian business collaboration yesterday, the White House was preparing an afternoon pivot. By 3 pm MDT, … Read more

THE SHUT DOWN: Canadian Oil Refinery Shut Down Could Crimp Northeast U.S. Supply

July 21, 2026 by EnergyNow Media

Irving’s refinery in Saint John, New Brunswick is capable of processing about 300,000 barrels of oil a day By Nathan Risser Irving regularly conducts fall maintenance at the plant, undergoing a 30-day fall turnaround in 2025, including upgrades to a gasoline-making unit. Photo by BRICE MCVICAR/BRUNSWICK NEWS Canada’s largest oil refinery is planning to shut … Read more

REALITY: Business Investment Per Worker in Canada—a Key Driver of Higher Living Standards—Declined From 87.3% of U.S. Level in 2014 to 54.0% in 2024

July 21, 2026 by EnergyNow Media

Comparing Business Investment per Worker In Canada and the United States, 2007–2024 By Tegan Hill, Joel Emes and Taylor Oliver Economists have warned of Canada’s weak business investment, particularly compared to the United States. This should concern Canadians as strong business investment is key to higher incomes, greater economic prosperity, and improved living standards. Real … Read more

CANADA IS THE BEST OPTION: Alberta, Saskatchewan Make Compelling Case for Supplying U.S. With Oil: Pete Hoekstra

July 21, 2026July 21, 2026 by The Canadian Press

The U.S. ambassador to Canada says Alberta and Saskatchewan could make the “most compelling” case to meet the oil needs of the United States.
Pete Hoekstra says the U.S. needs to find three to four million more barrels of oil per day over the next dec…

Oil Prices Ease as Mediators Propose US-Iran Ceasefire

July 21, 2026July 21, 2026 by EnergyNow Media

By Arathy Somasekhar Summary Yemen’s Houthis threaten naval blockade of Saudi Arabia Received mediators’ proposal, Iranian official tells Reuters US, Iran exchange fresh strikes (Reuters) – Oil prices fell on Tuesday, with markets weighing reports of mediation efforts between the U.S. and Iran against an exchange of ‌fresh attacks between the two and threats of … Read more

Lycos Energy Inc. Announces Strategic Acquisition of Sparky Waterflood Assets, $30.0 Million Equity Financing, Expanded Credit Facility, Operations Update and Increased 2026 Guidance

July 20, 2026 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – July 20, 2026) – Lycos Energy Inc. (TSXV: LCX) (“Lycos” or the “Company“) is pleased to announce that it has entered into a definitive agreement today to acquire high netback assets under waterflood targeting the Sparky formation in the Greater Provost area of Alberta (the “Assets“) for cash consideration of $70.0 million, prior to closing … Read more

TSX Down More Than 300 Points Amid Inflation Data, U.S. Stock Markets Also Negative

July 20, 2026July 20, 2026 by The Canadian Press

Canada’s main stock index lost more than 300 points on Monday as Statistics Canada reported inflation data for June, while U.S. markets were also negative.
On Monday, Statistics Canada said lower gas prices were the major force pulling the headline …

Construction begins on the Enbridge Sunrise Expansion Program

July 20, 2026 by EnergyNow Media

PRINCE GEORGE, BC, July 20, 2026 /CNW/ — Canada is taking the next step in building infrastructure that will strengthen our economy, secure energy sovereignty and ensure affordability for Canadians. Today, the Honourable Tim Hodgson, Minister of Energy and Natural Resources, announced that construction has begun on the Sunrise Expansion Program in British Columbia, following the Government … Read more

Oil Stocks in US Strategic Petroleum Reserve Fall by 5.1 Million Barrels to Lowest Level Since 1983

July 20, 2026 by EnergyNow Media

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(Reuters) – Stocks of crude oil in the U.S. Strategic Petroleum Reserve fell by about 5.1 million barrels to 311.4 million barrels last week, the lowest level since March 1983, according to data from the Department of Energy. The drawdowns are part of a U.S. agreement to release 172 million barrels from the facility. Since … Read more

How a Houthi Blockade in the Red Sea Tightens Iran’s Grip on Global Energy Supplies

July 20, 2026 by EnergyNow Media

(Reuters) – Yemen’s Iran-aligned Houthis will impose a maritime blockade on Saudi Arabia, they said on Monday, further throttling a global energy market already greatly restricted by Iran’s closure of the Strait of Hormuz. This is why it matters and what it means for the Iran war and the global energy crisis: HOW BIG IS … Read more

ATCO’s Yellowhead Pipeline Receives Final AUC Approval, Construction to Begin Immediately

July 20, 2026 by EnergyNow Media

CALGARY, AB, July 20, 2026 /CNW/ — Canadian Utilities Limited (TSX: CU) Alberta Utilities Commission approves the construction and operation of the facilities for the Yellowhead Pipeline Project; construction is set to begin immediately. ATCO is leading energy infrastructure investment, furthering resource accessibility and economic opportunity in Alberta. With an estimated investment of $2.9 billion, the natural gas pipeline … Read more

Construction Begins on $4B Enbridge Natural Gas Pipeline Expansion in B.C.

July 21, 2026July 20, 2026 by The Canadian Press

Enbridge Inc. has broken ground on a $4-billion natural gas pipeline expansion in British Columbia.
The federal government approved the Sunrise Expansion Program in April.
The project aims to add another 300 million cubic feet per day of transportat…

Kuwait Condemns What it Calls Iranian Attack on Power, Water Desalination Facility

July 20, 2026 by EnergyNow Media

(Reuters) – The Kuwaiti Foreign Ministry condemned on Sunday what it described as an Iranian attack on a power generation and water desalination facility, calling it a direct strike on vital civilian infrastructure. The repeated targeting of civilian facilities amounted to a dangerous escalation and violated international law, the U.N. Charter and U.N. Security Council … Read more

Irving Oil’s Refinery in Saint John, New Brunswick, to Begin Fall Turnaround in September

July 20, 2026 by EnergyNow Media

(Reuters) – Irving Oil’s 320,000-barrel-per-day refinery in Saint John, New Brunswick, will begin a two-month turnaround in September, the company said on Friday. The fall turnaround project, is expected to begin in September and continue till mid-November, the company said on its website. Saint John, Canada’s largest refinery, supplies fuel across markets in Atlantic Canada … Read more

Canadian Utilities Says Yellowhead Pipeline Project Approved, Construction to Begin

July 21, 2026July 20, 2026 by The Canadian Press

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Canadian Utilities Ltd. says the Alberta Utilities Commission has approved the Yellowhead natural gas pipeline project with construction set to begin immediately.
The $2.9-billion project includes the construction and operation of a 235-kilometre natu…

Lower Gas Prrices bring Inflation Down to 2.8 Per cent in June: StatCan

July 20, 2026July 20, 2026 by The Canadian Press

The annual rate of inflation eased back below three per cent in June as motorists paid less to fill up the gas tank, Statistics Canada said Monday.
Inflation slowed to 2.8 per cent in June, down from the recent high of 3.2 per cent in May and a tick l…

NEW PARTNERSHIP: Westech Industrial Expands Western Canadian Offering with Penberthy Level Solutions

July 20, 2026 by EnergyNow Media

Westech Industrial Ltd. is pleased to announce the addition of Penberthy products to its Western Canadian offering, supporting customers throughout Saskatchewan, Alberta and British Columbia with a broader range of trusted level indication, boiler monitoring and process visibility solutions. Penberthy products are used where operators require clear visibility into liquid levels, process flow or vessel … Read more

Few Tankers Enter Hormuz to Load oil, LNG Floating Storage Rises, Data Shows

July 20, 2026 by EnergyNow Media

Summary Four vessels crossed Hormuz on Sunday, down from eight on Saturday, LSEG data showed No LNG tankers have been visible passing through the strait since Thursday Seven laden Qatari LNG carriers held about 0.57 million metric tons as of mid-July, S&P Global said (Reuters) – The number of ships ‌transiting the Strait of Hormuz … Read more

Oil Prices Extend Gains on Escalating Middle East Hostilities

July 20, 2026 by EnergyNow Media

Summary Iran’s Guards say two oil tankers immobilised in Strait of Hormuz Shipping recovery has effectively stalled, analysts say Brent and WTI benchmarks hit more than one-month high (Reuters) – Oil prices rose on Monday to their highest in more than a month, with Brent crude climbing above $90 a barrel as escalating hostilities between … Read more

PERSPECTIVE – THIS NOT THE TIME TO BE COMPLACENT: Energy Advocates Cannot Rest, for the Next Battle of Ideas Over Pipelines Will Soon Begin

July 20, 2026 by EnergyNow Media

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Even with the public onside, the case for jobs, tax revenue and small-town renewal still has to be made By Geoff Russ Prime Minister Mark Carney and Alberta Premier Danielle Smith arrive to announce a proposed pipeline from Alberta to the B.C. coast in Calgary on Thursday, July 02, 2026. THE CANADIAN PRESS/Todd Korol If … Read more

OPPOSITION BREWING as Data Centre Capacity is Set to Explode Across Canada

July 20, 2026July 20, 2026 by The Canadian Press

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Across Canada, plans are underway for a massive boom in construction of the huge new data centres needed for artificial intelligence technology.
But opposition is also building as residents worry about how the facilities will affect their communities …

OPINION: Ottawa/Alberta Pipeline Deal – A High-Risk Road with Many Bumps Ahead: Kenneth P. Green

July 20, 2026July 20, 2026 by EnergyNow Media

By: Kenneth P. Green Back in November 2025, the federal government and the Alberta government jointly announced they’d come to an agreement—a Memorandum of Understanding (MOU)—that would create a pathway for Alberta to get a pipeline built to carry oilsands production to lucrative markets in Asia. It was not, as I wrote at the time, a … Read more

Global Energy Security at Risk if Strait of Hormuz Does Not Open in Weeks, IEA Chief Says

July 19, 2026July 19, 2026 by EnergyNow Media

If the U.S. and Iran do not increase oil flowing through the Strait of Hormuz soon, the world should worry about energy security, International Energy Agency Executive Director Fatih Birol said on Thursday. “Oil security is still a critical issue,” Birol told a Council on Foreign Relations event. “We should be worried, and I … Read more

Western Oil Companies See ‘Fantastic’ Future in Iraq, Sign Agreements

July 19, 2026 by EnergyNow Media

Summary Agreements, MOUs signed at the summit exceeded $60 billion ConocoPhillips agreed to buy a 42% stake in BP Energy of Kirkuk Ltd BP CEO Meg O’Neill cites Iraq’s resources and energy security role Trump envoy says Iran war brings chaos but Iraq at forefront of new security alliance WASHINGTON, July 17 (Reuters) – Western … Read more

THE DEEP DIVE: Why B.C. is Mired in First Nations Land Disputes – and Where to Go From Here

July 19, 2026July 19, 2026 by EnergyNow Media

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By Karen Restoule Original: thehub.ca/2026/07/11/why-b-c-is-mired-in-first-nations-land-disputes-and-where-to-go-from-here/ 2025 was a big year for British Columbia. They learned a pretty tough lesson: good intentions don’t necessarily translate to good governance results. After years of celebrating the United Nations Declaration on the Rights of Indigenous Peoples(UNDRIP), the B.C. NDP government believed it had found the path forward for its … Read more

Top Five Reasons a New West Coast Oil Pipeline is in Canada’s National Interest

July 20, 2026July 19, 2026 by EnergyNow Media

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Project would help reach global markets, grow the economy and build Indigenous partnerships By Grady Semmens Construction of the Trans Mountain expansion project in B.C.’s Lower Mainland, 2023. Photo courtesy Trans Mountain Corporation As Canada looks to strengthen its economy and expand its role in global energy markets, observers point to a clear opportunity: increasing … Read more

COMMENTARY: The Green Movement Didn’t Stop Pipelines. It Nationalized Them.

July 18, 2026July 18, 2026 by EnergyNow Media

How 15 years of political warfare transformed Canadian capitalism—and why the state may be building its way back out By Stewart Muir The greatest victory of the anti-pipeline movement that took root in Canada wasn’t stopping pipelines. It was making sure governments would build them instead. That sentence should bother you. It should bother you … Read more

SURGING: EV Sales Surge in Western Canada Driven More by Government Incentives Than Gas Prices, Says GM

July 19, 2026July 18, 2026 by EnergyNow Media

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‘Our EV sales in Alberta alone are up 50 per cent,’ says Jack Uppal, GM Canada’s president By Steven Wilhelm General Motors’ electric vehicle sales are surging in Western Canada, as the return of federal incentives pushes consumers away from the pump and towards the outlet. “Our EV sales in Alberta alone are up 50 … Read more

Oil Settles Up on Renewed US-Iran Hostilities and Threat of Red Sea Closure

July 17, 2026 by EnergyNow Media

By Nicole Jao Strait of Hormuz flows have slowed after last month’s truce collapsed Iran pressed Houthis to disrupt Red Sea shipping if US hits power sites NEW YORK, July 17 (Reuters) – Oil prices climbed more than 4% to their highest in more than a month on Friday after the U.S. and ‌Iran stepped … Read more

US Energy Firms Boost Rig Count to Highest Since April 2025, Baker Hughes Says

July 17, 2026 by EnergyNow Media

(Reuters) – U.S. energy firms this week added rigs for a fifth week in a row for the first time since early June, boosting the total count to its highest since April 2025, energy services firm Baker Hughes said in its closely followed report on Friday. The total rig count, an early indicator of future … Read more

Canadian, U.S. Markets Down Amid Tech Weakness and Rising Oil Prices

July 18, 2026July 17, 2026 by The Canadian Press

Canada’s main stock index edged lower on weakness in the technology sector as falling AI stocks dragged U.S. markets lower.
Friday’s trading session came ahead of a key inflation report from Statistics Canada on Monday.
“The Canadian economy…

OVERVIEW: Newfoundland and Labrador’s Offshore Oil and Gas Industry – A Mature Producer Entering a New Growth Cycle

July 18, 2026July 17, 2026 by EnergyNow Media

By EnergyNow Editorial Staff Newfoundland and Labrador’s offshore petroleum industry is entering one of the most consequential periods in its history. After several years dominated by project delays, production interruptions, asset-life-extension work and weak exploration activity, the province is experiencing stronger oil output, the imminent startup of West White Rose and renewed momentum behind the … Read more

NEW REPORT: Putting a Number On It – New Report Builds a Framework to Measure the Economic Cost of Indigenous Engagement in BC

July 17, 2026 by EnergyNow Media

A Macdonald-Laurier Institute study argues that if British Columbia wants to keep attracting resource investment, it first needs to measure what the consultation process actually costs—and where reform would do the most good. By Ian Biana Making it Count. Image courtesy of the Macdonald-Laurier Institute. For years, British Columbia has argued about Indigenous consultation in … Read more

Trump Could Get a Lesson on Iran From an Unlikely Source — Emus: Russell

July 17, 2026 by EnergyNow Media

(Reuters) – For U.S. President Donald Trump, Australia’s failed “Great Emu War” nearly a century ago offers a highly relevant lesson: technological superiority does not guarantee victory against a dispersed and resilient foe. At first glance, efforts to prevent flocks of large, flightless birds from devastating farmland seem to have little in common with the … Read more

Temporary relief in gas prices expected to pull inflation back below 3% in June

July 17, 2026July 17, 2026 by The Canadian Press

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Falling gas prices in June are expected to pull the annual inflation rate back below three per cent when Statistics Canada reports fresh price data on Monday.
A Reuters poll of economists expects inflation fell to 2.9 per cent in June from a recent hi…

Oil Rises on Intensifying US-Iran Hostilities, Threat of Red Sea Closure

July 17, 2026 by EnergyNow Media

(Reuters) – Oil prices inched up on Friday after the U.S. and Iran stepped up attacks across the Gulf, with their broken truce limiting oil flows out of the Strait of Hormuz and with Tehran asking the Houthi organisation to ‌stand ready to shut the Red Sea export route. Brent crude futures rose 7 cents, or about … Read more

Liquefied Natural Gas Set to Become United States’ 2nd Largest Net Export Industry within Five Years, S&P Global Energy Study Finds

July 17, 2026July 17, 2026 by EnergyNow Media

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Growth of U.S. LNG exports now expected to support 555,000 jobs annually and add $1.4 trillion to GDP through 2040 while domestic natural gas prices will remain among lowest in the world WASHINGTON, July 16, 2026 /PRNewswire/ — Growing exports of U.S. liquefied natural gas (LNG) are now on track to support 550,000 jobs annually … Read more

IT’S ALL GOOD: Keyera Tells Competition Tribunal $5.15B Plains Purchase ‘Pro-Competitive’

July 17, 2026July 17, 2026 by The Canadian Press

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Keyera Corp. has told the Competition Tribunal that its purchase of Plains’ All American Pipeline LP’s natural gas liquids business does not amount to the acquisition of a “vigorous, effective rival” and was instead a “pro-competitive development.”
T…

Close to 800,000 Have Applied for $100 Energy Rebate, Payments Coming: Alberta’s Smith

July 17, 2026July 17, 2026 by The Canadian Press

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Alberta Premier Danielle Smith says close to 800,000 people have applied for her government’s $100 energy rebate.  
Smith says she expects the first batch of payments to start landing in Albertans’ bank accounts in the next few days.
She also says the…

COMMENTARY: Fix This Rule That Blocks Genuine Equalization Reform – Fraser Institute

July 17, 2026July 17, 2026 by EnergyNow Media

By Ben Eisen Canada’s equalization program is heading for its comprehensive mandatory review by March 2029, and Finance Canada is already making preparations. Officials should not treat the review as a routine exercise. Big changes should be on the table. But if Ottawa wants the next round of equalization reform to be meaningful, it first … Read more

Canada’s Basel Belly River Shale Re-emerges as Oil Development Hotspot

July 17, 2026July 17, 2026 by EnergyNow Media

Robert Tuttle (Bloomberg) – On the edge of the Canadian Rocky Mountains, companies including Obsidian Energy Ltd. and Yangarra Resources Corp. are breathing new life into a long-dormant gas reservoir — except now they’re drilling for oil. Both firms are fracing into the sandstone that makes up the Basel Belly River formation in an area southwest of the Alberta’s provincial capital … Read more

Oil Settles Lower, But Remains Near One-Month High on U.S.-Iran Tension

July 16, 2026 by EnergyNow Media

By Shariq Khan Oil falls after rallying earlier in the week, analyst says sign of market exhaustion Iran tells Houthis to close Red Sea gateway if US hits power network, sources say US strikes Iranian coastal defenses, missile sites Fewer vessels have traveled through Hormuz strait after US resumed its blockade NEW YORK, July 16 … Read more

Paramount Resources Announces Completion of Distribution of AKITA Drilling Shares

July 16, 2026 by EnergyNow Media

This press release is being issued pursuant to section 5.2 of National Instrument 62-104 -Take-Over Bids and Issuer Bids. CALGARY, AB, July 16, 2026 /CNW/ — Paramount Resources Ltd. (“Paramount”) (TSX:POU) has completed the previously announced dividend in kind to its shareholders of 19,264,270 common shares of AKITA Drilling Ltd. (“AKITA Shares”). Paramount no longer owns or controls any … Read more

LNG Exports Set to Add $1.4 Trillion to US GDP Through 2040, S&P Global Energy Study Says

July 16, 2026 by EnergyNow Media

(Reuters) – Liquefied natural gas is poised to become the United States’ second-largest net export industry within five years, adding nearly $1.4 trillion to its gross domestic product through 2040, according to an S&P Global Energy study. In 2025, the country became the first to export more than 100 million metric tons of LNG in … Read more

Houthi Leader Threatens Saudi Oil Facilities if Riyadh Escalates in Yemen

July 16, 2026 by EnergyNow Media

(Reuters) – Yemen’s Houthi leader Abdul Malik al-Houthi said on Thursday that all Saudi oil and other vital facilities would be targets for the group’s missiles and drones if Riyadh escalated its involvement in the conflict. The warning came after the Houthis fired missiles at Saudi Arabia, accusing the kingdom of bombing an airport under … Read more

Smithers Council Turns Down LNG Health Study – Resource Works

July 16, 2026 by EnergyNow Media

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The vote makes Smithers the second B.C. council to turn the study down outright. Of the councils that have voted, none backed CAPE’s companion call to freeze LNG approvals. By Ian Biana Screenshot from the Smithers council meeting on July 14, 2026, where councillors voted on a proposal to fund an LNG health study. On … Read more

POLL – PIPELINES & OPINIONS: 63% Support Pipeline From Alberta to B.C.; Economic Arguments Prove Most Persuasive

July 17, 2026July 16, 2026 by EnergyNow Media

Those opposed to both BC and ON projects say Canada should be more concerned about environment July 16, 2026 – The Calgary Stampede political circuit was focused on the two Ps: pancakes and pipelines. Plenty of the former were flipped while plans were laid for the latter. Now, new data from the non-profit Angus Reid Institute … Read more

Obsidian Energy Announces $75 million Add-On to Existing Senior Unsecured Notes

July 16, 2026 by EnergyNow Media

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Calgary, Alberta–(Newsfile Corp. – July 15, 2026) – OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (“Obsidian Energy“, the “Company“, “we“, “us” or “our“) announces that we have entered into an underwriting agreement to sell, on a private placement basis (the “Offering“), … Read more

The Visibility Gap in Energy Infrastructure: What Happens Between Inspections

July 16, 2026 by EnergyNow Media

By Jason Chiu AXIS D2123-VE radar solution in a solar field Routine inspections remain one of the most important tools for maintaining energy infrastructure. Whether operators are overseeing substations, transmission corridors, renewable energy facilities, compressor stations, or remote pumping sites, scheduled inspections provide critical opportunities to assess equipment condition, identify maintenance requirements, and verify operational … Read more

CANADA BEWARE – The Anti-Pipeline, Anti-Oil & Gas, Anti-Development Campaign Machine Is Mobilizing Again

July 17, 2026July 16, 2026 by EnergyNow Media

By Terry J. Winnitoy Canadians like myself that have been directly involved or indirectly asociated with the oil and gas industry have no illusions about what comes next. But those Canadians that are not should be aware of what comes next as well. For the first time in years, much of the country appears prepared … Read more

Oil Eases as Traders Weigh US-Iran Conflict Risks

July 16, 2026 by EnergyNow Media

Summary US launches multiple strikes on Iran, which retaliates Fewer vessels travel through Hormuz as US, Iran continue strikes Brent and WTI remain close to one-month high July 16 (Reuters) – Oil prices eased on Thursday as traders weighed escalating tensions between the United States and Iran ‌and the risks to oil supplies moving through … Read more

COMMENTARY: To Frack or Not to Frack – the Big Question in Nova Scotia

July 16, 2026July 16, 2026 by EnergyNow Media

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By Kenneth P. Green Once again, a hot-button environmental debate has reopened in Nova Scotia. To use hydraulic fracturing (a.k.a. fracking) technology to unlock Nova Scotia’s natural gas resources, or to leave those resources (underground or undersea) unmeasured and untouched. To frack or not to frack—that’s still the question, raging now and then for some … Read more

Goldman Sachs Says Gulf Oil Flow Recovery Uncertain Amid Renewed Attacks

July 16, 2026July 16, 2026 by EnergyNow Media

(Reuters) – Renewed disruptions to Persian Gulf oil exports could keep upward pressure on prices in the near term, Goldman Sachs said in a note on Tuesday, adding that the next phase of recovery in flows remains uncertain and could be slower than the initial rebound even after geopolitical de-escalation. Goldman estimates that Gulf exports … Read more

NEW EPISODE #10 – WATCH: 3 MINUTE HISTORY CANADA – The 830km Pipeline Built in 14 Months Flat!

July 17, 2026July 16, 2026 by EnergyNow Media

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3 Minute History Canada shows what crisis and political will can achieve. This week’s episode tells the story of Line 9 — the 830-km pipeline from Sarnia to Montreal brought to life in just 14 months after the 1973 embargo. Western crude finally flowed east, slashing import dependence and building towards a true national market. … Read more

STUDY: Equalization is Broken – Fraser Institute

July 16, 2026July 16, 2026 by EnergyNow Media

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In 15 of the Last 25 Years, One or More Provinces with Higher Living Standards (per person GDP) Received Equalization While a Province with Lower Living Standards Did Not By Tegan Hill and Joel Emes Is Equalization Broken? Comparing Payments with GDP per Person If the equalization program works as intended, there should be a … Read more

Iran’s Qalibaf Says Tehran Has No Reason to Honour U.S. MoU Without Benefits

July 16, 2026July 16, 2026 by EnergyNow Media

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(Reuters) – Iran’s top negotiator Mohammad Baqer Qalibaf said on Wednesday that if Iran did not benefit from its memorandum of understanding with the U.S., “we have no reason to adhere to such an understanding”. Iran’s national security depends on maintaining “Iranian arrangements” in the Strait of Hormuz, Qalibaf added in a statement posted on … Read more

Ministers to Address Assembly of First Nations Gathering in Ottawa – Natural Resource Development on the Agenda

July 16, 2026July 16, 2026 by The Canadian Press

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A handful of federal ministers are expected to address hundreds of First Nations chiefs as they gather in Ottawa today.
They’ll be speaking in front of the Assembly of First Nations’ annual general meeting about public safety, the economy and natural …

WHY IT MATTERS: Five First Nations, One Billion Dollars, and the Tank at the Heart of Canada’s LNG Future

July 17, 2026July 16, 2026 by EnergyNow Media

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A landmark equity option would provide five North Coast First Nations majority ownership of the largest LNG storage tank in Canada, starting from the construction phase. By Angela Wrigley Five First Nations on British Columbia’s North Coast now have the option to buy a majority stake in the largest LNG storage tank in the country. Announced … Read more

PERSPECTIVE: Carbon Tax Could Push Investment Out of Alberta – For No Environmental Benefit

July 16, 2026July 16, 2026 by EnergyNow Media

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Not only will the country with more punitive policies lose economic activity as production and investment move elsewhere, but the environmental benefits will also be offset, undermined or reversed by increased emissions elsewhere. By Annika Segelhorst and Elmira Aliakbari Back in 2021, Mark Carney spoke before a parliamentary committee in the U.K. about how countries … Read more

Why Iranian, Houthi Threats to Red Sea Shipping Matter More For Oil Now

July 15, 2026 by EnergyNow Media

(Reuters) – Iran has warned that its campaign to throttle global energy markets could be expanded from the Strait of Hormuz to the vital Red Sea route if U.S. attacks continue, a threat that depends on its Houthi allies in Yemen. This is why it matters and what it means for the Iran war and … Read more

Some Ships Refusing US-Military Guided Hormuz Transits After Attacks, Sources Say

July 15, 2026 by EnergyNow Media

(Reuters) – Shipping companies are avoiding using a U.S. military-guided transit scheme through the Strait of Hormuz after a wave of Iranian attacks on vessels sparked safety concerns, seven maritime security and shipping industry sources said. For decades ships sailed into and out of the Gulf using a safe set of lanes down the middle … Read more

Discount on Western Canada Select Narrows

July 15, 2026 by EnergyNow Media

(Reuters) – The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures narrowed in Tuesday’s trading session, according to data from brokerage CalRock on Wednesday. WCS for August delivery in Hardisty, Alberta, settled at $13.40 a barrel below the U.S. benchmark WTI, CalRock said, compared to $13.65 on Monday. … Read more

Iran Threatens to Block More Vital Seaways as Trump Orders Renewed Iran Blockade

July 15, 2026 by EnergyNow Media

(Reuters) – Iran’s Islamic Revolutionary Guard Corps has threatened to close “all other export corridors that benefit the U.S. and its allies”, Iranian media reported, after Iran shut the Strait of Hormuz and the U.S. reimposed a naval blockade of Iranian ports. “Regional energy exports are either shared by all, or denied to all,” the … Read more

THE LAUNCH: MicroWatt Launches North America’s First UL Certified Inspection Robot for Hazardous Locations

July 15, 2026July 15, 2026 by EnergyNow Media

July 2026-MicroWatt is launching the ExR-2.5 – the first UL Certified inspection robot for potentially explosive hazardous industrial locations in North America. As Exrobotics’ exclusive North American distributor, assembler and service provider, MicroWatt is leading the introduction of certified robotic inspection technology designed to help customers reduce risk in hazardous locations. The ExR-2.5 is the … Read more

Oil Prices Rise 2% as Hostilities Worsen in the Middle East

July 15, 2026July 15, 2026 by EnergyNow Media

Summary Iran threatens to block more vital seaways Goldman Sachs said Brent could exceed $110 in the fourth quarter Gulf exports slipped below 50% of pre-war levels over last week: Goldman (Reuters) – Oil extended gains by around 2% on Wednesday as President Donald Trump ‌reimposed a naval blockade on all Iranian ports and Iran’s … Read more

NUMBER 5: Bank of Canada to Deliver 5th Interest Rate Decision of the Year

July 15, 2026July 15, 2026 by The Canadian Press

The Bank of Canada is set to deliver its fifth interest rate decision of the year this morning.
Economists widely expect the central bank will remain on hold, keeping its policy rate at 2.25 per cent.
Inflation has jumped above three per cent in recen…

THE OPTION TO INVEST: LNG Canada Offers Five First Nations Option to Invest Up to C$1 Billion in Phase 2 Storage Tank

July 15, 2026July 15, 2026 by EnergyNow Media

(Reuters) – LNG Canada said on Tuesday five First Nations will have an equity option to invest up to C$1 billion ($710.78 million) to acquire a storage tank planned to be built in a proposed expansion of the country’s first major LNG export facility. First Nations, Canada’s indigenous peoples groups, have been buying stakes in … Read more

CANADA’S LEVERAGE: Trump Drains America’s Emergency Oil Reserve as Canada Supplies 63% of US Crude Imports

July 16, 2026July 15, 2026 by EnergyNow Media

Story by Jennifer Lockett America’s emergency oil stockpile is shrinking at a pace that has turned a technical energy-policy decision into a North American power story. President Donald Trump’s 2026 Strategic Petroleum Reserve release was framed as a response to global supply pressure and Middle East instability, but the numbers reveal a deeper reality: … Read more

Landmark Indigenous Equity Option Creates Potential for One of Canada’s Largest Indigenous Ownership Stakes in Energy Infrastructure at LNG Canada

July 14, 2026 by EnergyNow Media

KITIMAT, BC, July 14, 2026 /CNW/ – LNG Canada and its Joint Venture Participants (JVPs) today announced a historic equity option agreement with MNT Investments LP, a limited partnership of the economic development organizations of five First Nations neighbouring LNG Canada’s operations: Gitga’at First Nation, Gitxaała Nation, Haisla Nation, Kitselas First Nation and Kitsumkalum. The agreement … Read more

Iran Will Exercise its Sovereignty Over the Strait of Hormuz Whatever it Costs, Deputy Foreign Minister Says

July 14, 2026 by EnergyNow Media

(Reuters) – The Strait of Hormuz is part of Iran’s national security and it will exercise its sovereignty over it what ever that costs, Iran’s Deputy Foreign Minister Kazem Gharibabadi said in interview with state TV on Tuesday. Tehran currently has no commitments when it comes to the Islamabad MoU signed with the United States, … Read more

Iraq Needs a Fair Share Within OPEC, Says Prime Minister

July 14, 2026 by EnergyNow Media

(Reuters) – Iraq’s Prime Minister Ali al-Zaidi said on Tuesday that Iraq needed a fair share within OPEC after he was asked by reporters whether he was considering leaving the oil producer group. Zaidi is on a trip to Washington as he aims to secure major U.S. investment in his country’s oil, gas, and power … Read more

ARC Resources Ltd. Announces Results of Special Shareholder Meeting & Provides Update on Regulatory Approvals

July 14, 2026 by EnergyNow Media

CALGARY, AB, July 14, 2026 /CNW/ – (TSX: ARX) ARC Resources Ltd. (“ARC” or the “Company”) is pleased to announce that today at ARC’s special meeting (the “Meeting”) of holders (“ARC Shareholders”) of common shares of ARC (“ARC Shares”), ARC Shareholders voted in favour of the previously announced plan of arrangement (the “Arrangement”) involving ARC, ARC Shareholders, Shell plc (“Shell”) and … Read more

Trump Says US Will Be Doing a Lot of Deals With Iraq, Taking a Lot of Oil Out

July 14, 2026 by EnergyNow Media

(Reuters) – President Donald Trump on Tuesday told reporters ahead of a meeting with Iraqi Prime Minister Ali al-Zaidi that the United States would be doing a lot of deals with Iraq and taking a lot of oil out of the country. “Iraq has tremendous potential because of their oil… and we’re going to be … Read more

Stock Markets Edge Higher Amid Positive U.S. Inflation Data

July 14, 2026July 14, 2026 by The Canadian Press

Stock markets edged higher on Tuesday as U.S. inflation data spurred some optimism among investors even though oil prices continued to rise.
The S&P/TSX composite index was up 67.82 points at 35,320.54.
In New York, the Dow Jones industrial average …

ARC Resources Shareholders Approve Shell’s $22B Acquisition Proposal

July 15, 2026July 14, 2026 by The Canadian Press

ARC Resources Ltd. says its shareholders have voted in favour of a previously announced plan that would see global energy heavyweight Shell PLC acquire the Calgary-based natural gas producer.
The deal, announced in April, is valued at $22 billion, acc…

Oilsands Emissions on Track to Outpace Reductions from Pathways Project: Economist

July 14, 2026July 14, 2026 by The Canadian Press

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An environmental economist says the oilsands sector is on track for a “fairly significant” increase in greenhouse gas emissions, even with the Pathways carbon storage project moving forward.
Dave Sawyer, who is with the Canadian Climate Institute thi…

Trump Drops 20% Fee Plan for Hormuz Strait in Favor of Deals With Gulf States

July 14, 2026 by EnergyNow Media

(Reuters) – U.S. President Donald Trump on Tuesday dropped the idea of charging a 20% fee on all cargo shipped through the Strait of Hormuz, and said he would instead take trade and investment deals with the Gulf states. The change of plan comes a day after Trump proposed charging a 20% fee to guard … Read more

Trump: Iran Blockade Reinstated, US to Charge 20% on Strait of Hormuz Cargo

July 14, 2026 by EnergyNow Media

WASHINGTON, July 13 (Reuters) – President Donald Trump said on Monday that the United States was reinstating a naval blockade on Iran and would be reimbursed 20% on all cargo shipped through the Strait of Hormuz after Tehran claimed it had closed the vital waterway. “The Hormuz Strait is OPEN, and will remain OPEN, ‌with … Read more

Alberta Will Provide Oilsands Producers With Incentives to Fill Proposed West Coast Pipeline

July 14, 2026 by EnergyNow Media

Five major companies also agreed to build Pathways carbon capture and storage mega-project By Reid Southwick, Nykole King, Graison Foster The Alberta government says it will give “financial supports” to oilsands companies to encourage them to raise their production and fill a proposed pipeline that would carry a million barrels of oil per day to … Read more

THE TRUMP CHARGE: Iran Blockade Reinstated, US to Charge 20% on Strait of Hormuz Cargo

July 14, 2026 by EnergyNow Media

By Reuters (Reuters) – President Donald Trump said on Monday that the United States was reinstating a naval blockade on Iran and would be reimbursed 20% on all cargo shipped through the Strait of Hormuz after Tehran claimed it had closed the vital waterway. “The Hormuz Strait is OPEN, and will remain OPEN, ‌with or without Iran. We … Read more

Oil Hits Four-Week High as US-Iran Conflict Escalates

July 14, 2026 by EnergyNow Media

Summary Brent and WTI at its highest level since mid June U.S. military renews strikes on Iran while tankers come under attack in Strait of Hormuz UAE says Iranian missiles struck oil tankers in Strait of Hormuz, one sailor killed China’s June oil imports hit near 10-year low amid Iran war (Reuters) – Oil … Read more

Hormuz Traffic Slows to Two-Month Low as Renewed US, Iran Strikes Raise Safety Risk

July 14, 2026July 14, 2026 by EnergyNow Media

By Jonathan Saul and Florence Tan LONDON/SINGAPORE, July 13 (Reuters) – The number of tankers transiting the Strait of Hormuz fell in the past day to the lowest level in two months, shipping data showed on Monday, as renewed strikes between the U.S. and Iran and attacks on vessels heightened safety concerns. Shipping industry sources … Read more

UAE Says Iranian Missiles Struck Oil Tankers in Strait of Hormuz, One Sailor Killed

July 13, 2026 by EnergyNow Media

One Indian crew member was killed and eight others were wounded when two Emirati oil tankers were struck by Iranian cruise missiles in the Strait of Hormuz, the United Arab Emirates Ministry of Defence said on Tuesday, in the latest escalation in the strategic waterway. The ministry said the tankers, the Mombasa and Al … Read more

Trump Sends Congress Formal Notice that Iran Conflict has Resumed

July 13, 2026 by EnergyNow Media

U.S. President Donald Trump has sent Congress formal notification that hostilities against Iran resumed on July 7, a letter his administration sees as opening a new 60-day window to use the military in the region without congressional approval. “I directed this military action consistent with my responsibility to protect Americans and United States’ national … Read more

Precision Drilling Corporation Announces Change to Board

July 13, 2026 by EnergyNow Media

CALGARY, Alberta, July 13, 2026 (GLOBE NEWSWIRE) — Precision Drilling Corporation announced today that Alice Wong has advised the Company that she will step down from the Board of Directors, effective immediately. Ms. Wong has served as a director since 2024 and has been a member of the Audit Committee, the Human Resources and Compensation … Read more

PrairieSky Announces Second Quarter 2026 Results

July 13, 2026 by EnergyNow Media

CALGARY, Alberta, July 13, 2026 (GLOBE NEWSWIRE) — PrairieSky Royalty Ltd. (“PrairieSky” or the “Company”) (TSX: PSK) is pleased to announce its second quarter operating and financial results for the three and six months ended June 30, 2026. President’s Message PrairieSky had another strong quarter delivering record average total royalty production of 27,479 BOE per day, an … Read more

TSX, U.S. Markets Fall After Middle East Fighting Sends Oil Prices Soaring

July 14, 2026July 13, 2026 by The Canadian Press

Stock markets in Canada and the U.S. moved lower on Monday as oil prices jumped following a weekend of attacks in the Middle East.
Pierre-Benoit Gauthier, vice-president of investment strategy at IG Wealth Management, said he was surprised the TSX wa…

Oil Gains Over 5% as Trump Says US Reinstating Iran Naval Blockade

July 13, 2026 by EnergyNow Media

By Georgina Mccartney Both sides have renewed strikes Iran says will not allow Washington to intervene in the Strait of Hormuz Cargo traffic had already begun to slow as tensions had increased HOUSTON, July 13 (Reuters) – Oil prices jumped more than 5% on Monday after U.S. President Donald Trump said the United States was … Read more

UN Shipping Agency Opposes Fees for Any Strait, More Details Sought on Trump Post on Cargo Charge

July 13, 2026July 13, 2026 by EnergyNow Media

(Reuters) – More details are awaited after U.S. President Donald Trump said in a post that Washington was reinstating a naval blockade on Iran and would be reimbursed 20% on all cargo shipped through the Strait of Hormuz, the U.N.’s shipping agency said on Monday. “We are aware of the post and awaiting more details,” … Read more

MOU Agreement a Step Forward to Support Growth and Advance the Proposed Pathways CCS Project

July 13, 2026 by EnergyNow Media

Oil Sands Alliance member companies continuing to collaborate with governments to finalize agreements CALGARY, AB, July 13, 2026 /CNW/ — A trilateral memorandum of understanding (“MOU”) has been entered into by the federal and provincial governments and Oil Sands Alliance member companies to support Canada’s ambition to become a global energy superpower. This follows the recent … Read more

Major Milestone for Oilsands Production and Pathways

July 13, 2026 by EnergyNow Media

A new agreement marks a major step towards Alberta’s goal of doubling oil production while also advancing the Pathways carbon capture and storage project. Alberta’s government, the Government of Canada and Canada’s five largest oilsands producers (the ‘Oil Sands Alliance’) have signed a memorandum of understanding (MOU) which provides a framework that will enable … Read more

PATHWAYS PROJECT ADVANCES: Alberta, Ottawa and Oilsands Companies Reach Pathways Agreement

July 15, 2026July 13, 2026 by The Canadian Press

The Alberta government, Ottawa and five major oilsands producers have signed a memorandum of understanding to advance the multibillion-dollar Pathways carbon capture and storage project.
The Pathways project is a condition for a new West Coast oilsan…

Asia’s LNG Imports Recover, Drawing Cargoes From Needy Europe: Russell

July 13, 2026 by EnergyNow Media

(Reuters) – Asia’s imports of liquefied natural gas (LNG) are poised to hit a six-month high in July while Europe’s imports plunge to their lowest in nearly two years. While some of the strength in Asia is because of seasonal demand during the summer peak, the weakness in Europe underscores just how far the second-biggest … Read more

Enterprise Group Announces Addition of Two New Clients

July 13, 2026 by EnergyNow Media

Enterprise Group Announces Addition of Two New Clients St. Albert, Alberta–(Newsfile Corp. – July 13, 2026) – Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) (“Enterprise” or the “Company“), a consolidator of specialized equipment and services to the energy, resource, and industrial sectors, with a focus on natural gas-powered solutions that mitigate, reduce, or eliminate … Read more

Cheap Drones Turn Energy into the Global Economy’s Weak Spot: Bousso

July 13, 2026 by EnergyNow Media

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Cheap, mass-produced drones have transformed modern warfare, exposing critical energy infrastructure as an Achilles’ heel for modern economies. Lessons from the battlefields of Ukraine, Russia and the Middle East have shown how unmanned aircraft can evade traditional air defences, turning oil refineries, power stations, export terminals and pipelines into prime targets. The implications for … Read more

OPEC Further Lowers 2026 Global Oil Demand Growth Forecast

July 13, 2026 by EnergyNow Media

LONDON, July 13 – OPEC ‌on Monday lowered its forecast for world oil demand growth in 2026 to 780,000 barrels per day, ⁠a copy of its monthly report showed, marking the third straight downward revision. The producer group continues to see a smaller impact on consumption since the Iran ‌war ⁠started than other forecasters such … Read more

Decide Faster, Deliver Better: The Engineering Midset Behind Schedule-Driven Projects – Learn More

July 13, 2026July 13, 2026 by EnergyNow Media

In some projects, the main challenge isn’t technical complexity. It’s the schedule. When schedules become critical, engineering teams need to shift their mindset: make decisions earlier, accept uncertainty and rely on shared performance. As such, engineering becomes a process of making choices, striking compromises and managing risks, both technical and human. Below are three key … Read more

Greenfire Resources Announces Acquisition of Connacher Oil and Gas Limited for C$1.277 Billion in Cash Consideration

July 13, 2026 by EnergyNow Media

July 13, 2026 7:00 AM EDT | Source: Greenfire Resources Ltd. 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 of … Read more

Oil Gains Over 2% as Fresh Military Srikes Threaten Hormuz Shipments

July 13, 2026July 13, 2026 by EnergyNow Media

Summary Hormuz traffic slows to multi-week low on renewed conflict Iran expands attacks on Gulf states after US strikes, says Strait of Hormuz closed Trump says Strait of Hormuz open to commercial traffic UAE’s ADNOC lowers Murban crude selling price for August July 13 (Reuters) – Oil prices surged more than 2% on Monday after … Read more

10 Reasons Engineers Are Rethinking Mechanical Pressure and Temperature Switches

July 13, 2026 by EnergyNow Media

In oil and gas, petrochemical, power generation and other industrial environments, pressure and temperature switches are often treated as small components in a much larger process. But when they are installed on critical equipment, pipelines, skids, compressors, pumps or safety systems, their performance can have a direct impact on reliability, uptime and operator confidence. Mechanical … Read more

Turbulent Month of Economic Data Leaves Bank of Canada Right Back Where It Started

July 13, 2026July 13, 2026 by The Canadian Press

The Bank of Canada is set to make its fifth interest rate announcement of the year on Wednesday following a turbulent few weeks on the global stage and in Canadian economic data.
Despite the flurry of developments since the central bank’s last rate de…

REALITY CHECK: A Very Publicly Financed Alberta-Ottawa Pipeline Does Not Mean Canada Can Build Big Things in the Private Sector

July 13, 2026July 13, 2026 by EnergyNow Media

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By: Kenneth P. Green In a celebratory press conference the day after Canada Day, Prime Minister Mark Carney and Alberta Premier Danielle Smith announced a major advancement of the Canada-Alberta Memorandum of Understanding first forged in late 2025, regarding the province’s long-expressed desire to see a pipeline built to the West Coast, allowing greater access to lucrative … Read more

THE RESPONSE: In New Hazelton, BC, Neighbours Answered the Anti-Energy Development Vandals

July 13, 2026July 13, 2026 by EnergyNow Media

By Stewart Muir Over the weekend someone threw red paint across the front of a small storefront office on Highway 16 in New Hazelton—the shared office of Western LNG, Ksi Lisims LNG and the Prince Rupert Gas Transmission project. Windows, doors and the old wooden porch posts were left streaked in red, a colour chosen to … Read more

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

July 12, 2026July 12, 2026 by The Canadian Press

Five things to watch for in the Canadian business world in the coming week:
ARC shareholder vote
ARC Resources Ltd. shareholders are set to vote Tuesday on a deal that will see the company acquired by Shell plc in a stock-and-cash deal valued at $22 b…

US Says it Launched Strikes Against Iran After Attack on Cyprus-Flagged Container Ship

July 12, 2026 by EnergyNow Media

US says it launched strikes against Iran after attack on Cyprus-flagged container ship The U.S. military said on Saturday it launched a new round of strikes against Iran after Islamic Revolutionary Guard Corps forces attacked a Cyprus-flagged container ship transiting the Strait of Hormuz. “A civilian crew member is missing and the vessel is … Read more

Iran Declares Strait of Hormuz Closed as ‘Unauthorised’ Vessel Hit

July 12, 2026 by EnergyNow Media

Iran on Sunday said it closed the Strait of Hormuz after a vessel traveled on an unapproved route and was struck, warning that any retaliation over the incident would be met with a “severe response.” “A vessel that had jeopardized maritime security by switching off its systems was struck and brought to a halt,” the … Read more

‘IT’S LOOKING GOOD’: Prime Minister Carney Chats Pipelines While Mingling at Calgary Stampede

July 13, 2026July 11, 2026 by The Canadian Press

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Prime Minister Mark Carney, on the heels of a trip to the Middle East, landed Saturday night at the Calgary Stampede where he ate mini doughnuts, watched chuckwagon races — and talked pipelines.
“It’s good to be back,” said Carney, wearing a white hat…

COMMENTARY: A Pipeline from Alberta to Ontario Will Make Canada Stronger – Doug Ford

July 11, 2026July 11, 2026 by EnergyNow Media

Canadians cannot stand by and leave our prosperity in the hands of other countries By Doug Ford Energy security is national security. It’s also economic security. At a time when Canada is seized with protecting our national sovereignty, the decisions governments at all levels make about energy policy will determine our future. Ontario has launched … Read more

Discount on Western Canada Select Narrows

July 10, 2026 by EnergyNow Media

The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures narrowed on Friday. WCS for August delivery in Hardisty, Alberta, settled at $14.20 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, compared to $14.30 on Thursday. * The discount remains significantly wider than it was in … Read more

US Energy Firms Add Rigs for Fourth Week in a Row, Says Baker Hughes

July 10, 2026 by EnergyNow Media

(Reuters) – U.S. energy firms this week added rigs for a fourth week in a row for the first time since early June, energy services firm Baker Hughes said in its closely followed report on Friday. The report, which Baker Hughes usually releases around 1 p.m. EDT (1700 GMT) on Fridays, was delayed by around … Read more

Oil Prices Settle Lower on Hopes for Smoother Shipping in Strait of Hormuz

July 10, 2026 by EnergyNow Media

By Erwin Seba Tanker traffic through Strait of Hormuz has slowed IEA says US-Iran escalation undermines oil surplus forecast Russia’s gasoline output covers 65% of demand after Ukrainian strikes, sources say HOUSTON, July 10 (Reuters) – Oil prices settled lower on Friday after the latest round of U.S.-Iran fighting as traders grew hopeful that shipping … Read more

TSX, U.S. Markets Rise Ahead of Earnings Season Amid U.S.-Iran Tensions

July 10, 2026July 10, 2026 by The Canadian Press

Canadian and U.S. markets finished in positive territory on Friday as investors gear up for corporate earnings amid ongoing geopolitical tensions.
“We seem to be in a holding pattern until we start to get some of these corporate earnings coming out. …

VARCOE: Meta’s Arrival is Part of Years-Long Quest — and Future Road Map — to Bring Data Centres to Alberta

July 10, 2026 by EnergyNow Media

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Chris Varcoe: The gigawatt-scale facility will create 3,000 construction positions and support 300 jobs once it’s operating By Chris Varcoe Original: financialpost.com/opinion/columnists/varcoe-the-years-long-quest-and-future-road-map-to-bringing-data-centres-to-alberta/wcm/cb731c40-989e-4afb-a754-169be30fe20d Alberta has finally landed its first whale in the quest to draw $100 billion of data centre investment into the province — a new campus to be built by Meta Platforms. But the … Read more

Iran Has Asked to Continue Talks and the US Agreed, Trump Says

July 10, 2026 by EnergyNow Media

(Reuters) – President Donald Trump on Friday said the United States had agreed to talks with Iran after Tehran asked to continue negotiations, while stressing that the June ceasefire between the two nations was over. “The Islamic Republic of Iran has asked us to continue ‘talks.’ We have agreed to do so, but the United … Read more

Meta Data Centre in Alberta to Start Up Ahead of Adjacent Greenlight Power Plant

July 10, 2026July 10, 2026 by The Canadian Press

It will be four years before a new natural gas-fired power plant north of Edmonton is operating and able to serve the massive data centre Meta Platforms Inc. is planning to build nearby.
But the tech giant has a plan for power in the meantime.
Meta …

U.S. Justice Dept Reaches Deal With South Bow on Keystone Spill in Kansas in 2022

July 10, 2026July 10, 2026 by The Canadian Press

The U.S. Justice Department has reached a settlement agreement with pipeline company South Bow Corp. over a 2022 rupture of the Keystone pipeline that spilled nearly 13,000 barrels of oil in northern Kansas.
Under the deal, the Calgary-based company w…

Prime Minister of Canada Mark Carney and the Crown Prince and Prime Minister of Saudi Arabia, His Royal Highness Mohammed bin Salman Commit to Deepening Bilateral Engagement and Economic Cooperation

July 10, 2026July 10, 2026 by EnergyNow Media

JEDDAH, Saudi Arabia, July 9, 2026 /CNW/ – “At the invitation of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, the Right Honourable Mark Carney, Prime Minister of Canada, made an official visit to Jeddah, the Kingdom of Saudi Arabia during the period of (23-25) Muharram 1448 AH corresponding … Read more

US-Iran Escalation Could Threaten 2027 Oil Market Surplus, IEA Says

July 10, 2026 by EnergyNow Media

Summary IEA 2027 forecasts imply 4.62 million bpd surplus vs 860,000 bpd deficit in 2026 Global oil supply up 4.1 million bpd month-on-month in June, IEA says Demand seen dropping this year, rebounding by 2 million bpd in 2027 Global inventories up 21 million barrels in June, the IEA says Refined fuel markets tighten as … Read more

Oil Heads for Weekly Gains as Middle East Supply Risks Persist

July 10, 2026 by EnergyNow Media

Summary Brent set for 7% weekly gain, WTI set for 6% rise Tanker traffic through Strait of Hormuz has slowed IEA says U.S.-Iran escalation undermines oil surplus forecast (Reuters) – Oil prices rose on Friday and were on track for weekly gains as renewed U.S.-Iran fighting disrupted ‌shipping in the Strait of Hormuz, stoking concerns … Read more

FEATURE: Customer Service Isn’t That Hard – A Letter from the Founder of Compass Bending

July 13, 2026July 10, 2026 by EnergyNow Media

It takes true grit to start a business and keep it going for almost 20 years – particularly, an abiding passion for what is right and wrong, and the determination to stick to your guns no matter what the rest of the world is doing. This month, Compass’ marketing team called to check in on … Read more

OPINION: Alberta Government Should Resist Spending Away Potential Windfall – Fraser Institute

July 10, 2026July 10, 2026 by EnergyNow Media

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By Tegan Hill The ongoing war in Iran, and disruption of a major energy corridor in the Strait of Hormuz, continues to fuel surging oil prices. While this will improve Alberta’s bottom line in the short term, it will only perpetuate the province’s resource revenue rollercoaster if not properly managed. With a new finance … Read more

PERSPECTIVE: Superpower Status – The Difference a Couple of Weeks Makes

July 10, 2026July 10, 2026 by EnergyNow Media

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How Kanata LNG and the landmark cooperative prosperity agreement are shifting the nation toward energy superpower status By Jim Rushton Two weeks ago, Kanata LNG was announced for the Prince Rupert area—an ambitious new floating LNG project with Korean and First Nations partners behind it. Ambitious on its own. But in the two weeks since, … Read more

KEEPING IT COOL: Less Water Than a Typical Golf Course – How Meta Plans to Cut Down on Water Use at its Alberta Data Centre

July 10, 2026July 10, 2026 by The Canadian Press

A Meta Platforms Inc. executive garnered applause at a news conference this week after he boasted that a gargantuan data centre planned for north of Edmonton would use less water annually than a typical Alberta golf course.
The tech behemoth was anno…

Data Centre Capacity Could Soar to 20 GW in Planned Projects: Government Document

July 10, 2026July 10, 2026 by EnergyNow Media

OTTAWA – A document prepared for the federal artificial intelligence minister to use when pitching international investors on Canada’s AI ecosystem identifies a massive proposed increase in Canada’s data centre capacity. But spokespeople for the government pushed back strongly on the figure, saying it is not a projection of the capacity Canada expects to build, … Read more

Prime Minister Carney Pitches Tighter Canada-Saudi Mining and Energy Ties

July 10, 2026July 10, 2026 by EnergyNow Media

(Reuters) – Mark Carney, making the first visit to Saudi Arabia by a Canadian prime minister for 26 years, on Thursday said the two nations were well-placed to deepen mining and energy ties. Carney, who says U.S. tariffs on key exports mean Canada must diversify its trade, has made a series of foreign visits over … Read more

GOLDSTEIN: Oilsands Carbon Storage is Another $20-Billion Boondoggle

July 10, 2026July 10, 2026 by EnergyNow Media

Former Liberal MP Martha Hall Findlay thinks it’s a bad idea. By This Article and More by Lorrie Goldstein Here One of the things preventing Canada from becoming an energy superpower in an energy-hungry world is that our federal government keeps doing stupid stuff. Justin Trudeau did it for a decade, undermining Canada’s growth by … Read more

Stock Markets in Canada and the U.S. Rise as Oil Prices Fall

July 10, 2026July 9, 2026 by The Canadian Press

Stocks in Canada and the U.S. rose on Thursday, as easing oil prices brought some calm to financial markets.
A day earlier, stock markets fell and oil prices rose as comments from U.S. President Donald Trump raised doubts about the temporary truce in…

SECURE Stampede Charity Party Raises $840,000 For Four Community Organizations

July 9, 2026 by EnergyNow Media

CALGARY, AB, July 9, 2026 /CNW/ – SECURE Waste Infrastructure Corp. (“SECURE” or the “Corporation”) is proud to announce that the 2026 SECURE Stampede Charity Party raised $840,000 in support of four organizations making a meaningful difference in our community: STARS, Calgary Food Bank, KidSport Calgary and Providence. Held during the Calgary Stampede on July 8, the … Read more

BP CEO Says Oil Giant Needs to Make ‘Fewer and Better’ Choices

July 9, 2026 by EnergyNow Media

Meg O’Neill’s decision to simplify the company’s structure is helping BP’s response to the disruption caused by the Iran war By Mitchell Ferman BP PLC’s new chief executive acknowledged that the oil giant still has work to do to streamline its decision-making processes and gain investor trust in a post that marked her first 100 … Read more

Ontario Steel Expansion Highlights Prosperity Powered by Canadian Energy

July 9, 2026 by EnergyNow Media

Tenaris expects to employ more than 1,000 people in Sault Ste. Marie by 2029 By Grady Semmens Jason Trevisanut is a maintenance manager at the Tenaris steel pipe manufacturing facility in Sault Ste. Marie, Ontario. Photo supplied to the Canadian Energy Centre In the heart of the Canadian Shield, Jason Trevisanut has built a life … Read more

Oil Tanker Traffic Through Hormuz at Near Standstill as Attacks Strain Iran Truce

July 9, 2026 by EnergyNow Media

(Reuters) – Oil tanker traffic through the Strait of Hormuz was at a near standstill on Thursday, according to data and sources, as shipping risks escalated after the U.S. renewed airstrikes on Iran, triggering retaliation by Tehran in the Gulf. Just two tankers had so far sailed through the strait in the early hours of … Read more

Hormuz Ships Will Face Tolls – Just de Facto Ones

July 9, 2026 by EnergyNow Media

By Yawen Chen LONDON, July 9 (Reuters Breakingviews) – Ships passing through the Strait of Hormuz may pay tolls after all. Just not the kind Iran can actually collect. Ostensibly, the relative calm of the last few weeks is over. Iran’s strikes this week on ships trying to transit Hormuz via the waterway nearest Oman … Read more

Iran Says it Hits US Military Targets in Gulf, Prepares to Bury Slain Leader

July 9, 2026 by EnergyNow Media

(Reuters) – Iranian armed forces targeted U.S. military infrastructure in neighbouring Gulf states on Thursday following U.S. strikes on Iran’s southern coastal and eastern provinces, putting further strain on a three-week-old ceasefire agreement. Iran was also preparing on Thursday to bury its slain Supreme Leader Ayatollah Ali Khamenei at the country’s holiest shrine in Mashhad, … Read more

Iraq Will Not Leave OPEC But Seeks Fair Output Quota, PM Says

July 9, 2026 by EnergyNow Media

(Reuters) – Iraq will not leave OPEC, but is seeking a fair output quota within the oil producer group, Iraqi Prime Minister Ali al-Zaidi said in an interview with Saudi-owned Al Arabiya TV, according to his office. Reuters reported in an exclusive in June that Iraq, the group’s second-largest producer after Saudi Arabia and one … Read more

Norway Oil Service Workers’ Strike Cuts Output by 2.4 Million boe, Industry Group Says

July 9, 2026 by EnergyNow Media

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(Reuters) – Norway’s oil and gas production has been reduced by 2.4 million barrels of oil equivalent (boe) so far this year as a result of an ongoing pay strike by oil service workers, industry group Offshore Norway said on Thursday. Norway produced about 1.5 billion boe, or more than 4 million barrels of oil … Read more

Goldman Says US-Iran Escalation Could Slow Recovery in Gulf Oil Supplies

July 9, 2026 by EnergyNow Media

(Reuters) – Goldman Sachs said the latest strikes in the Strait of Hormuz could slow the ramp-up in Middle East oil production, while the cancellation of the U.S. sanctions waiver could once again weigh on exports of Iranian oil, which had only recently begun to recover. Oil prices extended gains on Thursday as the latest … Read more

Strathcona Resources Ltd. Announces First Steam at Meota Central and Provides Update on Lloydminster Thermal Business

July 9, 2026 by EnergyNow Media

CALGARY, AB, July 8, 2026 /CNW/ – Strathcona Resources Ltd. (“Strathcona” or the “Company“) (TSX: SCR) today announced it successfully achieved first steam at its Meota Central project on June 6, 2026. Construction of Meota Central is now complete, with first oil expected late in the third quarter of 2026. Construction at Meota Central was completed at a total … Read more

Oil Prices fall as Markets Weigh Impact of US Strikes on Iran

July 9, 2026 by EnergyNow Media

Summary US military carries out strikes on Iran, prompting Iranian attacks on Kuwait and Bahrain Some war insurers advise shipowners to pause Hormuz voyages, sources say Analyst says Brent will probably trade in a $75–85 range over the next month July 9 (Reuters) – Oil prices fell on Thursday as markets assessed the impact of … Read more

Iran’s Attacks on Gulf ships ‘Unacceptable’ and ‘Unjustified’: Foreign Minister Anand

July 9, 2026July 9, 2026 by The Canadian Press

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Foreign Affairs Minister Anita Anand says it’s “unacceptable” that Iran has launched attacks on commercial ships in recent days as it attempts to tighten its grip over the Strait of Hormuz.
Anand met with Saudi Arabia’s foreign minister Thursday and s…

SERVICE SPOTLIGHT – Alberta Flares Rental Division: Full Line of Mobile Rental Equipment Along With Delivery, Setup and Monitoring Services

July 13, 2026July 9, 2026 by EnergyNow Media

Alberta Flares offers a full line of mobile rental equipment along with delivery, setup and monitoring services. Also available to our customers are calculations to determine size of flare stacks required along with length of flaring time. There are many factors involved in choosing the proper equipment for your project. We have specialized equipment … Read more

OPINION: Carney’s Pipeline Power Play: How Alberta Was Put in Its Place – Jim Warren

July 9, 2026July 9, 2026 by EnergyNow Media

by Jim Warren Perceptions matter in politics and public affairs, even when they’re wrong. Carefully curated misperceptions about Mark Carney got him elected prime minister. Canadian voters, mostly from beyond the prairies, were deceived by his high-powered resume. They perceived him as the economic wizard and financial mastermind who could get the Canadian economy … Read more

COMMENTARY-VARCOE: Pipelines Aplenty, But More Alberta Oil Production Needed to Fill Them

July 10, 2026July 9, 2026 by EnergyNow Media

‘We’ve got to think big, and we’ve got to be looking at being one of the top three energy producers and exporters in the world,’ said Danielle Smith This Article & More From Chris Varcoe Here Original: calgaryherald.com/opinion/columnists/varcoe-more-alberta-oil-production-needed-fill-pipelines-aplenty From pipeline famine to potential feast — after years of sporadic progress on the oil transportation front, … Read more

WATCH: Former TC Energy Executive Dennis McConaghy Says There is Lots of Work Ahead to Make a West Coast Pipeline Project Happen

July 9, 2026July 9, 2026 by EnergyNow Media

Former TC Energy executive Dennis McConaghy says there is lots of work ahead for the federal and Alberta governments to make their West Coast pipeline project happen. He joins CBC’s Power & Politics to explain why the announcement might not be cause for celebration just yet.

Discount on Western Canada Select Narrows as Global Crude Settles Higher

July 8, 2026 by EnergyNow Media

(Reuters) – The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures narrowed on Wednesday. WCS for August delivery in Hardisty, Alberta, settled at $14.40 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, compared to $14.95 on Tuesday. The discount so far this July has unwound … Read more

Pembina Congratulates Meta and the Government of Alberta on New Data Centre Investment

July 8, 2026 by EnergyNow Media

CALGARY, Alberta–(BUSINESS WIRE)–Pembina Pipeline Corporation (“Pembina” or the “Company”) (TSX: PPL; NYSE: PBA), Morgan Stanley Infrastructure Partners (“MSIP”), and Kineticor Asset Management (“Kineticor”), partners in the Greenlight Electricity Centre Limited Partnership (“Greenlight”) (the “Partners”), congratulate Meta and the Province of Alberta on today’s announcement of a major new data centre project in Alberta. Members of Pembina’s leadership … Read more

Regional Assessment Begins of Potential Exploratory Drilling in the Canada-Nova Scotia Offshore Area

July 8, 2026 by EnergyNow Media

OTTAWA, ON, July 8, 2026 /CNW/ – The Government of Canada continues to advance regional assessments across the country while integrating its nature and economic agendas. These assessments will help support timely development decisions while protecting the environment. Today, the Impact Assessment Agency of Canada published the finalized Terms of Reference and is proceeding with the Regional Assessment of … Read more

How Iran’s ‘Golden Weapon’ of Hormuz Became a Bigger Priority Than its Long-Disputed Nuclear Programme

July 8, 2026 by EnergyNow Media

By Parisa Hafezi and Angus McDowall Interim deal’s wording fuels rival U.S.-Iran interpretations over who manages transit Tehran once viewed shutting the waterway as a last resort Iran won’t start nuclear talks before Washington accepts its authority over the strait DUBAI, July 8 – Control over the Strait of Hormuz has become a “golden weapon” … Read more

Meta Makes Historic Investment in Alberta

July 8, 2026 by EnergyNow Media

July 8, 2026 Meta will invest more than $13 billion in Alberta, creating thousands of jobs, generating new provincial revenue and supporting reliable, affordable electricity. On this page: Water Electricity Land Quick facts Related information Multimedia Meta has announced plans to build its first Canadian data centre in Alberta, representing an investment of more than … Read more

Stock Markets Pare Losses But Still End Lower After Trump Says Iran Ceasefire Over

July 9, 2026July 8, 2026 by The Canadian Press

Stock markets fell on Wednesday after U.S. President Donald Trump said the ceasefire with Iran was over, sending oil prices higher.
“At the end of the day, Middle East risk is back into markets … and the transmission mechanism into markets is via the…

“THIS IS A BIG DEAL FOR ALBERTA” – Meta Announces $13 Billion AI Data Centre Investment in Alberta

July 10, 2026July 8, 2026 by EnergyNow Media

Meta, the parent company of Facebook, Instagram and WhatsApp, is making a landmark investment in Alberta, announcing that Sturgeon County will be home to the company’s newest AI data centre — its first in Canada and its largest outside the United States. The 2.9-million-square-foot facility represents an investment of more than $13 billion Canadian and … Read more

Chevron Offers Rival Drillers its Chemical Technology to Boost Shale Oil Output

July 8, 2026 by EnergyNow Media

(Reuters) – Chevron will allow rival oil producers to buy a chemical technology it developed to boost production from shale wells, the company said on Wednesday, as part of a broader push to increase U.S. oil output. The move comes as the U.S. shale industry, which transformed global energy markets nearly 20 years ago through … Read more

Damaged Qatari LNG Tanker Awaits Salvage After Strike as Hormuz Risks Escalate

July 8, 2026 by EnergyNow Media

(Reuters) – A Qatari LNG tanker was still stuck off Oman on Wednesday awaiting salvage operations, shipping data showed, a day after it was hit by a projectile, while the U.S. military said two other tankers had been targeted by Iran in recent days. The attacks on the tankers prompted Washington to revoke a licence … Read more

Trump-Iran Standoff Threatens Chronic Gulf Oil Instability: Bousso

July 8, 2026 by EnergyNow Media

(Reuters) – The possible collapse of U.S.-Iran peace talks and the stop-start flow of tankers through the Strait of Hormuz are a nightmare scenario for Gulf nations desperate to return to normal after a bruising multi-month conflict. What was meant to mark the start of a fragile recovery following the June 17 memorandum of understanding … Read more

Iran Targets Sites in Bahrain, Kuwait After Wave of US Strikes

July 8, 2026 by EnergyNow Media

(Reuters) – Iran’s Revolutionary Guards said they targeted U.S. military sites in Bahrain and Kuwait on Wednesday after the U.S. launched a wave of military strikes on Iran in response to attacks on tankers in the Strait of Hormuz. In the latest blow to the fragile ceasefire agreement, the Islamic Revolutionary Guard Corps said it … Read more

What are the Risks of an LNG Tanker Explosion?

July 8, 2026 by EnergyNow Media

(Reuters) – A Qatari tanker loaded with liquefied natural gas (LNG) was at risk of exploding, one source said, after it sustained significant damage in an attack on the Omani side of the Strait of Hormuz on Tuesday. While the LNG industry has experienced a few accidents at onshore facilities, there has never been a … Read more

Asian Shipbuilding Dominance Could Thwart LNG Expansion, Wood Mackenzie Says

July 8, 2026 by EnergyNow Media

(Reuters) The biggest expansion of global LNG supply on record, led by the United States and Qatar, could be slowed as most of the ships needed to transport the fuel are being built in South Korea and China, a Wood Mackenzie report said on Wednesday. “The LNG industry talks constantly about energy security, diversification and … Read more

Big Tech Joins Calgary Stampede Oil Bash, as Canada Courts Data Centers

July 8, 2026 by EnergyNow Media

(Reuters) – Big Tech has joined the party at the Calgary Stampede, a sign of growing interest in Canada from U.S.-based hyperscalers as the province of Alberta courts data center development. Oil and gas companies typically take center stage at the annual energy get-together, timed with the city’s famous rodeo. But this year, U.S.-based tech … Read more

NEW EPISODE #9 – WATCH: 3 MINUTE HISTORY CANADA – The 1973 Oil Shock Showdown That Lit the Fuse

July 8, 2026 by EnergyNow Media

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3 Minute History Canada hits the oil embargo flashpoint. This week’s episode captures the 1973 Arab oil embargo — prices quadrupled overnight — and the explosive clash between Prime Minister Pierre Trudeau’s price freeze/export tax and Alberta Premier Peter Lougheed’s fierce defence of provincial rights. This is the battle that set the stage for the … Read more

Four Oil and Gas Tankers Turn Back From Hormuz Strait After Vessel Attacks

July 8, 2026 by EnergyNow Media

Summary Qatari LNG tankers change course Three stranded VLCCs exit Strait of Hormuz SINGAPORE, July 8 (Reuters) – At least four oil and gas tankers have turned back from attempting to transit the Strait of Hormuz, ship-tracking data showed, as renewed attacks on vessels in the ‌critical waterway heightened safety and security concerns. The diversions … Read more

Canada Unleashes Wave of Oil Drilling Permits in Next Big Play

July 8, 2026July 8, 2026 by EnergyNow Media

Clearwater production rose from 30,000 barrels a day in 2017 to 230,000 barrels a day last year Bloomberg News As oil prices surged this spring, Alberta producers didn’t look to Canada’s long-cycle oilsands. Instead, they rushed to drill the Clearwater formation, a low-cost conventional oil play that lets producers bring on new supply far more quickly. For decades, Canada’s oil … Read more

Iran Military Command Vows ‘Crushing Response’ After Accusing US of Strikes

July 8, 2026 by EnergyNow Media

Iran’s top joint military command, Khatam al-Anbiya Central Headquarters, said on Wednesday that Iranian armed forces would deliver a “crushing response” after accusing the U.S. military of targeting parts of southern Iran in what it called a “blatant act of aggression”, and warned that Tehran would not allow U.S. interference in the management of … Read more

Oil Jumps Over 6% to Two-Week High After Trump Says Deal With Iran ‘Over’

July 8, 2026 by EnergyNow Media

Summary Trump says interim accord with Iran to end war is ‘over’ US launches new strikes on Iran Iran responds with attacks on Kuwait and Bahrain China lifts fuel export curbs for July, sources say July 8 (Reuters) – Oil prices jumped more than 6% on Wednesday, hitting a two-week high after U.S. President Donald … Read more

THE WAR EFFECT: Iran War Hampered Business Confidence, Drove Up Price Expectations: Bank of Canada

July 9, 2026July 8, 2026 by The Canadian Press

The Iran war both hampered business confidence and sent inflation expectations soaring, the Bank of Canada revealed in a new set of business outlook surveys published Monday.
Those opposing forces on the economy also pushed the central bank to introdu…

PERSPECTIVE: ‘Less Than 50 Per Cent Chance’: Pipeline Deal Attracts Hope, But Also Skepticism in Oilpatch

July 8, 2026July 8, 2026 by EnergyNow Media

Even as the deal reached by Carney and Smith appeared like an improbable milestone, some insiders and observers worried it may not be enough By Nykole King Original: financialpost.com/commodities/energy/less-than-50-per-cent-chance-pipeline-deal-attracts-hope-but-also-skepticism-in-oilpatch A proposed $35-billion oil pipeline to the West Coast — backed by the federal and Alberta governments — signals the country is willing to produce and … Read more

THE IMPORTANCE OF ROBOTICS: From Manual Rounds to Autonomous Inspections: Why Heavy Industrial Robotics is Becoming Core to Process Safety

July 13, 2026July 8, 2026 by EnergyNow Media

Process safety in Canadian oil and gas has long relied on people walking into the very environments everyone is trying to protect them from. Even with strong procedures, gas detection and permitting, inspection programs still depend on operators and technicians entering hazardous areas, climbing structures and performing confined space entries to get the data they need, often in … Read more

PERSPECTIVE: Technological Limitations, Economic and Infrastructure Challenges Raise Questions About Carbon Capture, Utilization and Storage (CCUS) as Foundation for Climate Policy

July 8, 2026July 8, 2026 by EnergyNow Media

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By Kenneth P. Green The Challenges in Scaling Up Carbon Capture, Utilization, and Storage Technologies Carbon Capture, Utilization, and Storage (CCUS) refers to technologies that reduce emissions of greenhouse gases to the atmosphere by extracting carbon dioxide (CO2) from the emission and exhaust streams of fossil-fuel production and use, to be compressed, reused, transported, and … Read more

COMMENTARY: Newfoundland Government Should Reform Policy to Help Unlock Massive Natural Gas Potential – Fraser Institute

July 8, 2026July 8, 2026 by EnergyNow Media

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By Alex Whalen The Wakeham government recently announced a series of initiatives to advance offshore gas development. And that may be good news for Newfoundlanders and Labradorians. According to the government’s latest estimate, there’s 27.6 trillion cubic feet of natural gas available for development in the Jeanne d’Arc Basin, worth tens of billions of dollars. Average hourly wages … Read more

INSIGHT: ROBERTS BANK – Microcosm and Litmus Test for a Diversified Terminal Enabling Canada’s Energy Exports

July 8, 2026July 8, 2026 by EnergyNow Media

The Canada-BC and Canada-Alberta agreements opened the door to a new west coast oil pipeline, and its least-expected component may be the most telling: a terminal at Roberts Bank. By Karen Graham Of the myriad implications and opportunities signalled in the July 2nd Canada-BC Cooperative Prosperity Agreement and related agreement between Canada and Alberta to advance a new oil … Read more

Discount on Western Canada Select Narrows

July 8, 2026July 8, 2026 by EnergyNow Media

The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures narrowed on Tuesday. WCS for August delivery in Hardisty, Alberta, settled at $14.95 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, compared to $15.15 on Monday. * The discount has unwound most of the tightening that … Read more

Global Oil Output to Return to Pre-Iran War Level by Year’s End, US EIA Says

July 8, 2026July 8, 2026 by EnergyNow Media

(Reuters) – Global oil output and trade flows should rebound fully by the end of this year from the disruptions caused by the Iran war, the U.S. Energy Information Administration said on Tuesday. Global benchmark Brent crude oil prices will average around $74 a barrel in the spot market during the third quarter of this … Read more

‘I DON’T SEE THE DEMAND’: Smith, Ford Face Doubters as They Pitch New Pipeline From Alberta to Ontario

July 8, 2026July 8, 2026 by EnergyNow Media

The 500,000 barrel a day pipeline project would connect crude oil production in the prairies with domestic refineries in Ontario By Nykole King, Steven Wilhelm Ontario Premier Doug Ford speaks at a press conference with Alberta Premier Danielle Smith. The premiers announced the Northern Shield, a new route for an oil pipeline from Hardisty, Alta., … Read more

OPEC is Likely Loser in Gulf’s Post-War Race for Market Share: Bousso

July 7, 2026 by EnergyNow Media

(Reuters) – The United Arab Emirates has fired the opening shot in what is fast becoming a fierce battle among Middle East oil producers to reclaim market share after the Iran war, a contest that threatens to weaken oil prices and further erode OPEC’s authority. Gulf producers, desperate for revenue to replenish state coffers depleted … Read more

US Revoking License That Authorized Iranian Oil Sales, Official Says

July 7, 2026 by EnergyNow Media

(Reuters) – The United States is revoking a general license that authorized the sale of Iranian oil, a U.S. official said on Tuesday, warning that Iran’s actions in the Strait of Hormuz were “wholly unacceptable” and would be met with consequences after attacks on tankers in the strategic waterway. Oil prices rose more than 3% … Read more

Oil Jumps After Settlement as US Revokes General License for Iran Oil Sales

July 7, 2026 by EnergyNow Media

By Nicole Jao Saudi-flagged crude oil tanker damaged near Hormuz after LNG tanker hit, sources say Saudi Arabia considers expansion of oil pipeline to Red Sea, sources say Ukrainian drones strike eight tankers from Russia’s ‘shadow fleet’ NEW YORK, July 7 (Reuters) – Oil prices settled 3% higher on Tuesday and then extended gains post-settlement, … Read more

Ottawa to Invest up to $400 Million in Teck Critical Minerals Smelter in B.C.

July 7, 2026July 7, 2026 by The Canadian Press

The federal government says it will invest up to $400 million into Teck Resources Ltd.’s critical minerals processing operations in southern B.C. as Ottawa looks to shore up supplies of metals used in the defence and green energy sectors.
“We are fac…

Trans Mountain Reaches Settlement Agreement with Shippers

July 7, 2026July 7, 2026 by EnergyNow Media

Agreement establishes long-term commercial framework for tolls and service New Open Season offers additional capacity Calgary, Alberta–(Newsfile Corp. – July 7, 2026) – Trans Mountain Corporation (“Trans Mountain”) announced today that it has filed a negotiated Settlement with the Canada Energy Regulator (“CER”) covering tolling, tariff and service-related matters on the Trans Mountain Pipeline System … Read more

Israel’s Energy Minister Touts Oil Pipeline to Bypass Hormuz

July 7, 2026 by EnergyNow Media

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By Steven Scheer Israeli Foreign Minister Eli Cohen attends a conference at the European Parliament in Brussels, Belgium November 8, 2023. REUTERS/Yves Herman/File Photo JERUSALEM, July 7 (Reuters) – Gulf countries’ dependence on oil shipments through the Strait of Hormuz could be significantly reduced by a pipeline linking the Gulf to Europe via Israel, Israel’s … Read more

UAE Crude Output Nears Record Following OPEC Exit, Sources Say

July 7, 2026 by EnergyNow Media

Summary UAE output topped 3.8 million bpd weeks after OPEC exit, sources say Record production vindicates Abu Dhabi’s push for quota freedom UAE outpaced Gulf peers in restoring pre-Iran war oil supply (Reuters) – The United Arab Emirates raised ‌its crude output to near record highs above 3.8 million barrels per day in June … Read more

Oil Climbs as Fresh Tanker Strike Highlights Risks Around Hormuz

July 7, 2026 by EnergyNow Media

Oil gained following attacks on vessels in the Strait of Hormuz, highlighting continued risks to traffic in the waterway. Brent rose toward $73 a barrel, while West Texas Intermediate was above $69. A tanker traveling south reported being hit about 8 nautical miles east of Limah, Oman, causing a fire, UK Maritime Trade Operations said. The vessel … Read more

Global LNG Trade Hit Record in 2025, But Middle East Conflict Clouds Outlook, IGU Says

July 7, 2026 by EnergyNow Media

(Reuters) – Global liquefied natural gas trade hit a record last year as strong U.S. exports and rising European imports offset weaker Asian purchases, the International Gas Union said in a ‌report on Wednesday. Conflict in the Middle East could lead to a contraction in 2026, however, it warned. “The conflict in the Gulf has damaged … Read more

THE PIPELINE PITCHES: A Look at Defunct Past Pipeline Pitches and Their Recent Revivals

July 6, 2026July 6, 2026 by The Canadian Press

Pipeline proposals long considered dead and buried are coming back from the grave — sort of.
Past plans to send oilsands crude east, west and south are being revived with different branding, proponents and routes. And, at least in the first two cases…

Discount on Western Canada Select Unchanged

July 6, 2026 by EnergyNow Media

(Reuters) – The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures held steady on Monday. WCS for August delivery in Hardisty, Alberta, settled at $15.15 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, unchanged on Friday’s close. The discount is now trading at levels similar … Read more

Saturn Oil & Gas Inc. Announces Extension and Increase to Credit Facility

July 6, 2026 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – July 6, 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 our assets in Saskatchewan and Alberta, is pleased to announce that the Company has entered into a credit agreement amendment dated June 30, 2026 … Read more

Taxpayers: Governments Should Scrap Carbon Taxes and Red Tape Instead of Borrowing Billions for Pipelines

July 6, 2026 by EnergyNow Media

LETHBRIDGE, AB: The Canadian Taxpayers Federation is calling on Alberta Premier Danielle Smith and Ontario Premier Doug Ford to scrap carbon taxes and push Ottawa to reverse anti-pipeline laws instead of borrowing billions of dollars for a proposed pipeline. “Governments are blocking pipelines with carbon taxes and red tape and then wasting taxpayers’ money trying to … Read more

Gibson Energy Confirms 2026 Second Quarter Earnings Release Date and Provides Conference Call & Webcast Details

July 6, 2026 by EnergyNow Media

CALGARY, Alberta, July 06, 2026 (GLOBE NEWSWIRE) — Gibson Energy Inc. (TSX:GEI) (“Gibson” or the “Company”) announced today that it expects to release its 2026 second quarter financial and operating results on Monday, July 27, 2026, after the close of North American markets. The 2026 second quarter management’s discussion and analysis and unaudited consolidated financial statements will … Read more

Basic Materials Stocks Weigh on TSX; Tech Sends U.S. Markets Higher

July 6, 2026July 6, 2026 by The Canadian Press

Canadian and U.S. markets moved in opposite directions on Monday, as basic materials weighed on Bay Street while tech stocks lifted Wall Street.
Ryan Bushell, CEO and portfolio manager at Newhaven Asset Management, said the divergence appears to be d…

Khamenei Funeral Signals Iran’s Defiance and New Regional Order

July 6, 2026 by EnergyNow Media

(Reuters) – The funeral of late Iranian Supreme Leader Ayatollah Ali Khamenei was more than a national farewell. The sea of mourners in Tehran sent a message to the United States and Israel that their attempt to break the Islamic Republic had failed. Rather than looking weakened by the war that began with U.S. and … Read more

Iraq Approves Preliminary Agreements to Study Strategic Oil Export Pipeline Projects

July 6, 2026 by EnergyNow Media

= (Reuters) – Iraq’s cabinet approved Basra Oil Company signing “a heads of agreement”, or preliminary agreement, and a non-disclosure agreement with a consortium including U.S. companies Capital TI and Chevron and Qatar’s UCC to study strategic oil export pipeline projects, according to a cabinet statement. The consortium will prepare technical and financial feasibility studies … Read more

Fuelling Canadian Refineries with Alberta Energy: Statement From Premier Smith

July 6, 2026 by EnergyNow Media

Premier Danielle Smith issued the following statement following the announcement of a potential west-east oil pipeline. On this page: Quick Facts Related news Multimedia Premier Danielle Smith issued the following statement following the announcement of a potential west-east oil pipeline. “After signing an agreement last year to work together with Alberta and Saskatchewan to build … Read more

‘A Who’s Who of Calgary’: Legacy Breakfast Brings Back Long Stampede Tradition

July 6, 2026 by EnergyNow Media

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‘It tells a story about our western roots and traditions, but also tells the story of the Calgary that we are today,’ said Mayor Jeromy Farkas By Hiren Mansukhani Calgary Mayor Jeromy Farkas leads the crowd in a lively yahoo alongside Aleta Visbach (left) and Leslie Horton at the Legacy Stampede Breakfast at Heritage Park … Read more

SIGHTS SET ON ANOTHER NEW PIPELINE: Premiers Smith, Ford Unveil Proposed West-East Oil Pipeline Route

July 6, 2026July 6, 2026 by EnergyNow Media

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CALGARY – Alberta Premier Danielle Smith and Ontario Premier Doug Ford have unveiled a route for a proposed west-east oil pipeline. The two premiers say it would stretch 3,300 kilometres from Hardisty, Alta., to refineries in Sarnia, Ont., without crossing the U.S. border. The Ontario government says the line would move 500,000 barrels of … Read more

BP Exits Bay du Nord Oil Project, Leaving Equinor as Sole Owner

July 6, 2026 by EnergyNow Media

BP has agreed to sell its stake in the Bay du Nord offshore oil project in Canada to partner Equinor as the British energy major sharpens its focus on higher-return opportunities.Under the agreement, Norway’s Equinor will become the sole owner of Bay du Nord, acquiring BP’s 37.2% stake, the companies said on Monday without disclosing … Read more

World Absorbs Historic Iran War Oil Supply Loss, But Depleted Stocks Bring Risks

July 6, 2026 by EnergyNow Media

Summary Fears over gasoline and jet fuel supplies proved overblown Record storage releases, eased Chinese buying helped the market Thinned storage must be replenished, poses risk of more price spikes (Reuters) – The world has absorbed with surprising ease the loss of over a billion barrels of oil supply since the Iran war began, but, with long-term … Read more

OPEC+ to Boost Crude Output, but Can it Deliver and Who Will Buy?: Russell

July 6, 2026 by EnergyNow Media

The decision by OPEC+ to increase crude oil production quotas for a fifth straight month from August raises two questions. Can they actually ship the increased output and if they can, who will buy it? The seven core members of OPEC+, which groups together OPEC and allied producers such as Russia, agreed at a meeting … Read more

Logan Energy Corp. increases 2026 production guidance following strong first half results and expands capital budget

July 6, 2026 by EnergyNow Media

CALGARY, AB, July 6, 2026 /CNW/ – Logan Energy Corp. (TSXV: LGN) (“Logan” or the “Company“) is pleased to announce increased 2026 production guidance, an expanded 2026 capital budget and an update on recent operational performance and land acquisitions. UPDATED GUIDANCE HIGHLIGHTS Increased 2026 average production guidance to 17,000 to 18,000 BOE/d, up 1,000 BOE/d from previous guidance of … Read more

OPEC+ Approves Further Oil Output Increase as Hormuz Exports Start to Recover

July 6, 2026 by EnergyNow Media

Summary OPEC+ to raise production by 188,000 bpd from August Gulf exports rise but still below pre-war levels Oil prices fall to pre-war levels on glut fears Iraq presses OPEC+ for higher quota after UAE exit (Reuters) – OPEC+ has agreed a further increase in output targets from August, the group said in a statement … Read more

Oil Falls After OPEC+ Agrees to Raise Output Targets –

July 6, 2026 by EnergyNow Media

Summary OPEC+ agrees to raise oil output by 188,000 bpd from August ADNOC sells 16 million barrels in fifth tender at wider discounts, traders say ANZ expects global oil demand to contract by 1.5 mbpd in 2026 Ukraine’s military strikes oil refineries in Russia’s Yaroslavl, Leningrad regions July 6 (Reuters) – Oil prices ‌fell on … Read more

REALITY: When Big Data Comes to a Small Town: The Project Riling up Citizens in Olds, Alta.

July 6, 2026July 6, 2026 by The Canadian Press

Black and white lawn signs have been popping up around Olds, Alta., on charming tree-lined streets and sprawling acreages alike.
“A data centre and power plant want to move in next door,” they read. “Are you ready for what comes next?”
Dozens of the…

THE PARTNERS: Who are the Partners Behind a Proposed New West Coast Oil Pipeline?

July 6, 2026July 6, 2026 by The Canadian Press

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Alberta’s pitch to the major projects office for a new oil pipeline to the West Coast is being billed as a public-private partnership, though its current structure skews almost entirely toward the public end of the spectrum.
Ninety per cent of the pr…

ALBERTA’S ‘BIG WEEK’: $35-Billion Pipeline Plan and $4.6-Billion Data Centre Reshape Energy Landscape – VARCOE

July 6, 2026July 4, 2026 by EnergyNow Media

Chris Varcoe: Announcements this week could unleash tens of billions of dollars in investment in the oilpatch This Article and More by Chris Varcoe Here ‘We’re an energy resource-rich country and that we have tremendous potential, at a time when these energy resources are really needed,’ says energy economist Peter Tertzakian Alberta Premier Danielle Smith … Read more

COMMENTARY: The Accidental Energy Corridor – What the BC MOU Actually Did: Stewart Muir

July 4, 2026July 4, 2026 by EnergyNow Media

By closing the north, Ottawa and Victoria may have opened the only pipeline route that can actually get built By Stewart Muir Prime Minister Mark Carney speaks during an announcement with B.C. Premier David Eby in Vancouver, on Thursday, July 2, 2026. THE CANADIAN PRESS/Ethan Cairns Today British Columbia stands at the centre of two … Read more

NDP’s Nenshi Supportive of Public Sash for Alberta Pipeline, Wants Honesty From Smith

July 4, 2026July 4, 2026 by The Canadian Press

Alberta’s Opposition NDP leader says Premier Danielle Smith’s plan for a new pipeline has his support, but he’s calling on her to be honest about how much taxpayers could be on the hook for it.
Naheed Nenshi also says public financing for the pipeline…

Oil Prices Little Changed as US-Iran Peace Efforts Hold

July 3, 2026 by EnergyNow Media

By Amanda Stephenson and Robert Harvey Benchmarks touched pre-war lows on Thursday Saudi Aramco shifts to spot sales in Asia Brent spread contango signals fading shortage concerns CALGARY/LONDON, July 3 (Reuters) – Oil prices were little changed for the week as traders held on to hopes for a successful outcome from attempts to secure peace … Read more

Smith Gets Cheers and Jeers Riding in Calgary Stampede Parade

July 4, 2026July 3, 2026 by The Canadian Press

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The Calgary Stampede parade turned into a pseudo-referendum on Alberta Premier Danielle Smith on Friday, as she heard both cheers and jeers while riding shotgun on a wagon clip-clopping through the city’s sun-baked downtown.
“We love you, Danielle!” s…

$437,611.98 Administrative Penalty Issued to Entrada Resources Inc.

July 3, 2026 by EnergyNow Media

On June 30, 2026, the Alberta Energy Regulator (the AER) issued an administrative penalty decision on Entrada Resources Inc. (Entrada) in the amount of $437,611.98 for three contraventions of the Environmental Protection and Enhancement Act (EPEA) and one contravention of the Pipeline Rules, AR 91/2005. On or about July 28, 2024, an AER investigation determined that Entrada released or permitted … Read more

Gulf Oil Exports Jump in June on Record UAE Flows

July 3, 2026 by EnergyNow Media

(Reuters) – Gulf oil exports in June jumped more than 3 million barrels from May to exceed 10 million barrels per day as the U.S. military helped to keep oil flowing through the Strait of Hormuz, data showed, though exports remained 40% below pre-war levels. The United Arab Emirates led the recovery, allowing millions of … Read more

Iran War Still Trails the 1979 Oil Shock by Total Losses

July 3, 2026 by EnergyNow Media

By Alex Lawler LONDON, July 3 – The Iran war has created the largest oil supply shock ever in terms of daily production losses but the 1979 Iranian Revolution remains the biggest oil crisis by cumulative supply loss, according to Reuters calculations based on International Energy Agency, OPEC and U.S. Department of Energy data. The … Read more

TSX Gains More Than 300 Points on Basic Materials Stocks

July 4, 2026July 3, 2026 by The Canadian Press

Canada’s main stock index rose more than 300 points Friday, with basic materials stocks leading the gains, while U.S. stock markets were closed for the July Fourth holiday.
The S&P/TSX composite index was up 308.17 points at 35,274.84.
Gold prices hel…

ACCESS IT HERE: Alberta Government – West Coast Oil Pipeline Project Submission

July 4, 2026July 3, 2026 by EnergyNow Media

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Prime Minister Mark Carney and Premier Danielle Smith provided an update on Alberta’s proposed west coast oil pipeline. Watch the News Conference Here: Access the Submission Here https://open.alberta.ca/dataset/a529e3da-6368-43d7-af43-74b1773be517/resource/6e43e4b4-3dfe-4c28-b723-116b6cab19ea/download/west-coast-oil-pipeline-project-submission-to-mpo.pdf

Taxpayers: Governments Should Scrap Carbon Taxes and Red Tape Instead of Borrowing Billions for Pipelines

July 3, 2026 by EnergyNow Media

OTTAWA, ON: The Canadian Taxpayers Federation is calling on Prime Minister Mark Carney and Alberta Premier Danielle Smith to scrap carbon taxes and repeal anti-pipeline laws instead of borrowing billions of dollars for a proposed pipeline. “Governments are blocking pipelines with carbon taxes and red tape and then wasting taxpayers’ money trying to get projects built,” … Read more

Lasting Strait of Hormuz Risks Strengthen Case for Canadian Heavy Oil Exports

July 3, 2026 by EnergyNow Media

G7 leaders welcome prospect of more Canadian crude in world markets By Deborah Jaremko Tanker calling at the Westridge Marine Terminal in the Port of Vancouver. Photo courtesy Trans Mountain Corporation Canada’s heavy oil has taken on a new shine as oil importers around the world continue to navigate shipping risks in the Strait of … Read more

Iran’s $300 bln Rebuild Fund Risks a Familiar Fate

July 3, 2026 by EnergyNow Media

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By Afiq Fitri Alias LONDON, July 3 (Reuters Breakingviews) – The United States is again trying to lure foreign capital into Iran. A key part of last month’s ceasefire signed between Washington and Tehran was a $300 billion “reconstruction fund” for the Islamic Republic. The details may differ from a similar push in the wake … Read more

NEW EPISODE #8 – WATCH: 3 MINUTE HISTORY CANADA – The 1967 Oil Embargo That Failed — and Canada’s Pipeline Win

July 4, 2026July 3, 2026 by EnergyNow Media

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3 Minute History Canada turns up the global drama. This week’s episode reveals how the 1967 Arab oil embargo during the Six-Day War collapsed under OECD coordination and Western production surges — while Canada stepped up to back the U.S. and scored U.S. approval for the Chicago Spur pipeline, tightening North American energy ties. Created … Read more

Pembina Signs Agreement to Participate in a Proposed Nation-Building Energy Corridor

July 3, 2026 by EnergyNow Media

CALGARY, Alberta–(BUSINESS WIRE)–Pembina Pipeline Corporation (“Pembina” or the “Company”) (TSX: PPL; NYSE: PBA), today announced that it has entered into a non-binding Heads of Agreement (the “HOA”) with the Government of Canada, the Province of Alberta, Trans Mountain Corporation, and Alberta Petroleum and Marketing Commission, to participate in a proposed nation-building energy infrastructure initiative intended … Read more

US Oil Companies See Big Profit Jump, Gird for Clash Over Pump Prices with Trump

July 3, 2026 by EnergyNow Media

Summary Gasoline prices remain elevated despite crude easing toward pre-conflict levels Refining margins are near 2022 highs, boosted by exports and tight supply White House scrutiny is rising as industry pushes back on pricing claims July 3 (Reuters) – U.S. oil companies are set to report their strongest quarterly profits in years, courting a … Read more

Oil Prices Stable as US-Iran Peace Efforts Hold

July 3, 2026 by EnergyNow Media

(Reuters) – Oil prices were steady on Friday and little changed for the week as traders held on to hopes that attempts to secure peace in the Middle East between the United States and Iran would succeed. Brent futures were ‌up 17 cents, or 0.24%, to $71.97 a barrel at 0932 GMT. West Texas Intermediate was … Read more

More Than 106K Albertans Sign up for $100 Energy Affordability Rebates as Applications Open

July 3, 2026July 3, 2026 by The Canadian Press

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The Alberta government says more than 106,000 residents applied for $100 relief cheques in just over 24 hours.
The direct deposits are meant to help Albertans deal with the high cost of living. But high traffic to the government’s website left some fr…

Offshore Wind Development Takes Another Step Forward in Nova Scotia

July 3, 2026July 3, 2026 by EnergyNow Media

Seeing major companies prequalify for a shot at offshore wind projects in Nova Scotia is an early but important step forward By TJ Colello The executive director of Marine Renewables Canada says seeing major companies prequalify for a shot at offshore wind projects in Nova Scotia is an early but important step forward. “I would … Read more

GREEN LIGHT for Greenlight: Pembina, Partners Go Ahead With Gas Plant for Data Centre

July 3, 2026July 3, 2026 by The Canadian Press

Pembina Pipeline Corp. and two partners have given the go-ahead to the Greenlight Electricity Centre, a natural gas plant serving a data centre customer.
Pembina, Morgan Stanley Infrastructure Partners and Kineticor Asset Management expect the cost o…

West Coast Pipeline, Private Partner, Oilsands Production and Pathways

July 2, 2026 by EnergyNow Media

Alberta’s government has submitted its application for the West Coast Oil Pipeline to the federal Major Projects Office for listing as a project of national interest. On this page: Private and Indigenous partnership Increasing oilsands production and building the pathways project Quick facts Related information Multimedia The West Coast Oil Pipeline will transport more than … Read more

Canada and Alberta Advance West Coast Pipeline Project Proposal and Pathways Project Carbon Capture Initiative – to Build a Stronger, More Resilient Canadian Economy

July 2, 2026 by EnergyNow Media

CALGARY, AB, July 2, 2026 /CNW/ – Today, the world faces an energy crisis on three levels: our cost of living, our climate, and our sovereignty increasingly depend on a nation’s ability to supply and control its own energy. More than any other country, Canada is positioned to become the leading supplier of clean and conventional energy … Read more

PIPELINE PARTNERS! Alberta and Ottawa Advance West Coast Pipeline Partnership as B.C. Secures Tanker Ban Protection

July 4, 2026July 2, 2026 by EnergyNow Media

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“Let’s work together and build this pipeline.” – Alberta Premier Danielle Smith By EnergyNow Editorial Staff The Calgary Stampede bills itself as the Greatest Outdoor Show on Earth, but for a brief period on Thursday night in Calgary, Alberta Premier and Prime Minister Mark Carney put on the greatest (and most expensive) indoor show in … Read more

Norway’s Unions Agree Wage Deal to Avert Strike at Offshore Installations

July 2, 2026 by EnergyNow Media

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OSLO, July 2 (Reuters) – Norway’s unions representing workers on drilling rigs and floating production platforms reached a wage ‌deal on Thursday evening, ahead of a midnight deadline to avert a strike, labour unions and the employers’ association said. The unions had threatened to ⁠call out more than 600 members employed on Transocean’s Encourage rig, … Read more

Discount on Western Canada Select Widens

July 2, 2026 by EnergyNow Media

(Reuters) – The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures widened on Thursday. WCS for August delivery in Hardisty, Alberta, settled at $15.25 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, compared to $13.90 a barrel on Tuesday. Wednesday was a national holiday in … Read more

Canada and British Columbia Strike New Cooperative Prosperity Partnership to Build a Stronger, More Sustainable Economy

July 2, 2026 by EnergyNow Media

July 2, 2026 Vancouver, British Columbia The world is changing rapidly. In response, Canada is focused on what we can control: building a stronger, more independent, and more sustainable economy. To that end, Canada’s new government is working with provinces, territories, and Indigenous partners to build major projects that diversify our exports, create thousands of … Read more

B.C., Carney Ink Deal to Retain Northern Tanker Ban Ahead of Alberta Pipeline Update

July 3, 2026July 2, 2026 by The Canadian Press

The plan for a new Alberta bitumen pipeline to the British Columbia coast came into focus Thursday as Prime Minster Mark Carney toggled between the two provinces to meet leaders and make announcements.
At a news conference in Vancouver, Carney and B.C…

US Energy Firms Add Rigs for Third Week in a Row, Says Baker Hughes

July 2, 2026 by EnergyNow Media

(Reuters) – U.S. energy firms this week added rigs for a third week in a row, energy services firm Baker Hughes said in its closely followed report on Thursday. The total oil and gas rig count, an early indicator of future output, rose by 7 to 580 in the week to July 2, its highest … Read more

TSX Rises More Than 100 Points Helped by Tech, While Chip Stocks Drag on U.S. Markets

July 2, 2026July 2, 2026 by The Canadian Press

Canada’s main stock index gained ground amid recent trade developments, while AI stocks weighed on Wall Street.
On Wednesday, United States Trade Representative Jamieson Greer said the U.S. is not renewing the Canada-U.S.-Mexico Agreement “in its cur…

Whitecap Resources Inc. Announces Executive Appointment, Confirms Monthly Dividend for July of $0.0608 Per Share and Announces Second Quarter 2026 Results Conference Call / Webcast

July 2, 2026 by EnergyNow Media

CALGARY, AB, July 2, 2026 /CNW/ – Whitecap Resources Inc. (“Whitecap”) is pleased to announce the appointment of Rebecca Schulz as Vice President, Regulatory and External Affairs. Ms. Schulz’s primary responsibilities will include being the principal liaison on regulatory affairs and providing strategic alignment between policy development and corporate strategy. Ms. Schulz is a public affairs and policy leader … Read more

Pembina Pipeline Announces Positive Final Investment Decision on the Greenlight Electricity Centre

July 2, 2026 by EnergyNow Media

All financial figures are in Canadian dollars unless otherwise noted. This news release refers to certain financial measures and ratios that are not specified, defined or determined in accordance with Generally Accepted Accounting Principles (“GAAP”), including annual run rate adjusted earnings before interest, taxes, depreciation and amortization (“adjusted EBITDA”). For more information see “Non-GAAP and … Read more

Competition Bureau Protects Competition in Retail Fuel Supply in the Niagara Region

July 2, 2026 by EnergyNow Media

GATINEAU, QC, July 2, 2026 /CNW/ – The Competition Bureau has reached an agreement with BVD Petroleum Inc. to resolve concerns related to its proposed acquisition of certain fueling assets from Cenovus Energy Inc. and Husky Canadian Petroleum Marketing Partnership. BVD operates Petro-Canada and Petro-Pass branded fueling stations and Cenovus operates Esso branded stations. The Bureau concluded that the transaction … Read more

ARC Resources Ltd. Announces That Independent Proxy Advisory Firms ISS and Glass Lewis Have Recommended ARC Shareholders Vote “FOR” the Arrangement With Shell plc

July 2, 2026 by EnergyNow Media

CALGARY, AB, July 2, 2026 /CNW/ – (ARX – TSX) ARC Resources Ltd. (“ARC”) announced today that independent proxy advisory firms, including Institutional Shareholder Services Inc. (“ISS”) and Glass Lewis & Co. (“Glass Lewis”), have recommended that the holders of ARC common shares (“ARC Shareholders”) vote “FOR” the arrangement resolution at the upcoming special meeting (the “Meeting”) … Read more

BREAKING NEWS – NORTHERN OIL TANKER BAN STAYS – BC.’s Multibillion-Dollar MOU with Feds Retains Northern Tanker Ban

July 2, 2026July 2, 2026 by EnergyNow Media

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The plan for a new Alberta bitumen pipeline to the British Columbia coast came into focus Thursday as Prime Minster Mark Carney toggled between the two provinces to meet leaders and make announcements. At a news conference in Vancouver, Carney and B.C. Premier David Eby unveiled a memorandum of understanding that Carney says will help … Read more

UBS Cuts Brent Crude Price Forecasts on Improved Hormuz Oil Flows

July 2, 2026 by EnergyNow Media

UBS, on Thursday, cut its Brent crude price forecast by $25 for the September quarter to about $80 a barrel, on average, and now expects prices to hold the quarter after, citing the rise in oil flows via the Strait of Hormuz after the recent U.S.-Iran agreement. The bank also lowered its 2027 average … Read more

Canada and British Columbia Strike New Cooperative Prosperity Partnership to Build a Stronger, More Sustainable Economy

July 3, 2026July 2, 2026 by EnergyNow Media

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The Office of the Prime Minister July 2, 2026 Vancouver, British Columbia The world is changing rapidly. In response, Canada is focused on what we can control: building a stronger, more independent, and more sustainable economy. To that end, Canada’s new government is working with provinces, territories, and Indigenous partners to build major projects that … Read more

Oil Falls for a Third Straight Day After US, Iran Conclude Talks in Doha

July 2, 2026 by EnergyNow Media

Summary US, Iran talks conclude in Doha, focused on Strait of Hormuz Nigeria joins International Energy Agency as an associate member Ukrainian military hits Russian oil refinery in Kstovo July 2 (Reuters) – Oil prices fell more than 1% for the third consecutive day on Thursday as concerns over supply disruptions ‌eased after Qatar said Iran … Read more

Obsidian Energy Closes Belly River Acquisition and Increases 2026 Production Guidance

July 2, 2026 by EnergyNow Media

July 02, 2026 7:00 AM EDT | Source: Obsidian Energy Ltd. Calgary, Alberta–(Newsfile Corp. – July 2, 2026) – OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (“Obsidian Energy“, the “Company“, “we“, “us” or “our“) has closed our previously announced acquisition of Belly River light oil assets in the Wilson Creek area of Willesden Green (the “Acquisition“). … Read more

Alberta Applications for $100 Energy Rebate Payments Hit Website Traffic Snag

July 2, 2026July 2, 2026 by The Canadian Press

Heavy traffic on a website for Albertans to apply for $100 from the provincial government has clogged the site on the day it opened.
In an email Wednesday, Alberta’s technology and innovation department says it is aware of “performance issues” with th…

PIPELINE CHECKLIST: Checklist of Items That Should be Included in the Alberta Government’s West Coast Oil Pipeline (WCOP) Submission

July 2, 2026July 2, 2026 by EnergyNow Media

by Lennie Kaplan The Alberta government’s submission on the proposed West Coast Oil Pipeline (WCOP) application to the Major Projects Office (MPO) is now due. While I am fully supportive of new pipeline development, so long as it is based on a solid business case, I worry about the potential high level of taxpayer … Read more

Alberta Premier Smith Set to Announce Details of West Coast Oil Pipeline

July 2, 2026July 2, 2026 by The Canadian Press

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Alberta Premier Danielle Smith is expected to give details today about her government’s proposed million-barrel-a-day oil pipeline project to the West Coast.
Smith inked an agreement with Prime Minister Mark Carney last fall.
Their memorandum of under…

Trans Mountain Pipeline’s ‘Capacity’ Milestone Should End Opposition to New Pipeline

July 1, 2026 by EnergyNow Media

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By: Kenneth P. Green How quickly the red herrings die when reality intrudes. Back in May 2025, British Columbia Premier David Eby said “we do have a pipeline… that is not being used to capacity and that feels like a much better place to start the conversation.” That same month, Steven Guilbeault, then a member of … Read more

OPINION: Alberta Premier Smith Needs to Set Six Conditions for Alberta to Prosper Within Canada – Dennis McConaghy

July 1, 2026July 1, 2026 by EnergyNow Media

By Dennis McConaghy Originally Published June 30, 2026 in the Calgary Herald Alberta’s separation referendum will be profoundly impacted by the outcome of the negotiation between Danielle Smith and Mark Carney on climate policy constraints regarding Alberta oilsands development. Failure to reach a resolution that sets a competitive foundation for the development of the oilsands, … Read more

THE NEXT MOVE: Alberta Set to Reveal Next Move on Proposed West Coast Oil Pipeline

July 1, 2026July 1, 2026 by EnergyNow Media

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by Terry Winnitoy Alberta Premier Danielle Smith is expected to lay out the next stage of her government’s push for a new West Coast oil pipeline on Thursday, July 2, 2026, as the province moves to meet a key deadline under its energy agreement with Ottawa. CTV News reported on June 29 that Alberta is … Read more

South Bow, Bridger to Develop New Oil Pipeline From Wyoming to Cushing, Oklahoma

July 1, 2026 by EnergyNow Media

Canada’s South Bow and U.S.-based Bridger Pipeline plan to jointly develop a new oil pipeline from Guernsey, Wyoming, to Cushing, Oklahoma, the companies told Reuters on Tuesday. The project will be developed along a corridor acquired from another company, South Bow and Bridger said in an email. The companies said their priority was to … Read more

Oil Falls Over 1% as Markets Await Outcome of Iran-US Talks, US Stocks Data

July 1, 2026 by EnergyNow Media

Tehran says U.S. team to meet mediators in Doha, not with Iranian officials U.S. crude inventories fell by 6.1 million barrels last week, API data showed (Reuters) – Oil prices fell more than 1% on Wednesday as ‌talks between Iran and the U.S. aimed at reaching a final agreement to end their war continued and … Read more

Application Portal Opens for $100 Affordability Payments for Albertans

July 1, 2026July 1, 2026 by The Canadian Press

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Albertans can start applying today for $100 from the provincial government to help deal with the high cost of living.
Premier Danielle Smith announced earlier this month that residents can get the cash instead of the province reducing its tax on gaso…

OH CANADA! Love, Hate or Indifferent: Why Trump Is the Best Thing That Ever Happened to Canada and Its Oil and Gas Industry

July 1, 2026July 1, 2026 by EnergyNow Media

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By Terry Winnitoy – EnergyNow Trump may be divisive. He may be disliked by many Canadians. His tariffs may have harmed Canadian industries and strained one of the world’s most important trading relationships. But he also did Canada one enormous favour, he made complacency impossible. Donald Trump may not have intended to do Canada any … Read more

Alberta’s Smith is Shrugging off UCP Backbencher’s Condemnation of MOU with Ottawa

July 1, 2026July 1, 2026 by The Canadian Press

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Alberta Premier Danielle Smith’s office is shrugging off a United Conservative backbenchers’ public opposition to the government’s deal with Ottawa to get an oil pipeline built.
Smith has long pointed to the memorandum of understanding as proof the co…

Alberta Planning Post-Canada Day Pipeline Announcement

July 1, 2026July 1, 2026 by The Canadian Press

It’s the Alberta government’s self-imposed deadline to submit its proposal for a new West Coast oil pipeline to the federal major projects office.
But since it’s Canada Day, the province is waiting a day to make what it calls a “major announcement,” …

THE PIPELINE DISCONNECT: Alberta’s West Coast Pipeline Announcement on Thursday Will be Full of Unknowns

July 1, 2026July 1, 2026 by The Canadian Press

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The Alberta government is poised to make an announcement about its plans for a new West Coast oil pipeline on Thursday, but experts say industry skepticism is well warranted.
Sam Blackett, press secretary to Premier Danielle Smith, said Tuesday that …

RESETTING CANADA’S ENERGY FUTURE: Carney Concedes Canada Will Overshoot Emissions Forecasts – Read and Watch the Video

July 1, 2026July 1, 2026 by EnergyNow Media

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Carney made clear his government will not curb growth in the oil and gas sector to meet nearer-term emissions targets Bloomberg News Elected last year on a promise to turn Canada into a “superpower” in both conventional and clean energy, Carney has unwound major pieces of Trudeau’s climate framework. Photo by Blair Gable/Postmedia Prime Minister Mark … Read more

Highwood Asset Management Ltd. Announces Sale of Wilson Creek Assets

June 30, 2026 by EnergyNow Media

/NOT FOR DISSEMINATION IN THE U.S. OR THROUGH U.S. NEWSWIRES/ CALGARY, AB, June 30, 2026 /CNW/ – Highwood Asset Management Ltd. (“Highwood” or the “Company“) (TSXV: HAM) is pleased to announce that we have closed our previously announced arm’s length divestiture of our Wilson Creek assets (the “Assets“) to Obsidian Energy Ltd. (“Obsidian Energy“) (TSX: OBE) (the “Transaction“). Total consideration received … Read more

US Oil Production Rises to Record High in April, EIA Says

June 30, 2026 by EnergyNow Media

(Reuters) – U.S. crude oil production rose to 13.93 million barrels per day in April, the highest on record, monthly data from the Energy Information Administration showed on Tuesday, as producers ramped up output in response to higher oil prices owing to the Iran war. Production rose by 216,000 bpd in April, EIA data showed, … Read more

Iran War and AI Boom Drive Wild Ride on Global Markets

June 30, 2026 by EnergyNow Media

(Reuters) – Investors have had to gulp down the motion-sickness tablets this year as the turmoil from the Iran war has clashed with a seemingly unstoppable boom in all things AI and otherworldly. Global stocks are now $7 trillion higher than at the end of 2025, even though the war caused a $9 trillion drop … Read more

Lotus Creek Exploration Inc. Announces May Operational Update to Shareholders

June 30, 2026 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – June 30, 2026) – Lotus Creek Exploration Inc. (TSXV: LTC) (“Lotus Creek” or the “Company”) is pleased to announce that the May Operational Update to Shareholders has been posted to the Company’s website and can be accessed via the following link: May Operational Update FOR FURTHER INFORMATION ABOUT LOTUS CREEK PLEASE CONTACT: Kevin … Read more

$87B Quebec Plan Aims for 77% of Energy Consumed in Province by 2050 From Renewables

June 30, 2026June 30, 2026 by The Canadian Press

The Quebec government says it wants 77 per cent of the energy consumed in the province by 2050 to come from renewables, up from the current 48 per cent.
Energy Minister Bernard Drainville made the comments as he announced the province’s 25-year resou…

COMMENTARY: 2025 Review of Global Energy Consumption – William Lacey

June 30, 2026 by EnergyNow Media

A brief summary of the most recent Energy Institute publication By William Lacey [image] Any of you who follow me know that I love this time of year. The Energy Institute publishes a global energy summary of energy consumption (and a bunch of other data) for broad consumption by the public. What I love about … Read more

Solid April GDP Rebound Suggests Canada is Not in a Recession: Economists

June 30, 2026June 30, 2026 by The Canadian Press

The economy sprung back to life in April with solid enough growth to dismiss the spectres of a recession, according to economists weighing in on the latest data Tuesday.
Statistics Canada said real gross domestic product rose 0.5 per cent in April, th…

Stampede Drilling Inc. announces upfront capital funding and rig mobilization for Greenland operations

June 30, 2026 by EnergyNow Media

stampede drilling inc stampede drilling announces sale of equip

CALGARY, AB, June 30, 2026 /CNW/ – Stampede Drilling Inc. (“Stampede” or the “Corporation”) (TSXV: SDI) is pleased to announce that it has received upfront capital from its customer, Greenland Energy Company (NASDAQ: GLND) (“Greenland Energy”), in support of its drilling program in East Greenland’s Jameson Land Basin. The funding will be applied to capital upgrades to … Read more

Paramount Resources Announces Closing of Fox Drilling Sale, Distribution of AKITA Drilling Shares and Successful Startup of Alhambra Expansion

June 30, 2026 by EnergyNow Media

CALGARY, AB, June 30, 2026 /CNW/ – Paramount Resources Ltd. (“Paramount” or the “Company”) (TSX: POU) is pleased to announce that it has closed the sale of its Fox Drilling subsidiary to AKITA Drilling Ltd. (“AKITA”). The Company is also pleased to announce that it has successfully started up the second phase expansion of its Alhambra Plant in Willesden … Read more

New PPF Report Offers Practical Playbook to Move Canada’s LNG Projects From Concept to Concrete Action

June 30, 2026 by EnergyNow Media

OTTAWA, ON, June 30, 2026 /CNW/ – Public Policy Forum (PPF) today released an independent policy report that argues Canada can strengthen its economic security, diversify export markets, support Indigenous economic participation, contribute to global emissions reductions and environmental protection, and become a more reliable global energy partner. The momentum seems to be there, but momentum alone … Read more

Hormuz Disruption to Stall 2026 LNG Trade, Demand to Rise by 2050, says Shell

June 30, 2026 by EnergyNow Media

The logo of oil and gas company Shell at a gas station in Wijchen, Netherlands, April 13, 2026. REUTERS/Piroschka van de Wouw Summary Global demand to hit nearly 700 million metric tons/year by 2050 Global LNG trade likely flat in 2026, growth to return in 2027 South, Southeast Asia to account for 40% of … Read more

Oil Set For Steepest Quarterly Loss Since 2020 as Traders Focus on US-Iran Talks

June 30, 2026 by EnergyNow Media

Summary Brent set for third straight month of price falls, WTI set for second Brent prices trading close to February 27 level U.S. and Iran negotiators head to Doha, but meeting uncertain Morgan Stanley cuts Brent price forecast, flags 2027 surplus (Reuters) – Oil prices were heading on Tuesday for their ‌biggest quarterly loss … Read more

AI Will Drive a Strong US Earnings Season, Goldman’s Snider Says

June 30, 2026June 30, 2026 by EnergyNow Media

By Levin Stamm US companies are set for another strong earnings season, driven by the AI investment boom and windfall profits for energy companies, according to Goldman Sachs Group Inc. strategists. Analysts expect S&P 500 earnings to surge 22% in the second quarter, a hurdle that companies should be able to clear, the team led … Read more

Hormuz Oil Exodus Sets Stage for Chaotic Rebalancing Act: Bousso

June 30, 2026June 30, 2026 by EnergyNow Media

Crude prices may be back near levels seen before the Iran war, but the surge in oil exports from the Middle East following the reopening of the Strait of Hormuz is creating a chaotic market that could take months to settle. The steep slide in Brent crude back to pre-war levels of around $73 … Read more

Middle East Producers Push on With Oil and LNG Loadings Despite Ship Attacks

June 30, 2026June 30, 2026 by EnergyNow Media

By Florence Tan and Emily Chow Fourth VLCC loading at Ras Tanura on Monday, data shows Iran increases oil loadings at Kharg Island, says Windward Two VLCCs head to UAE port for loading Qatari and ADNOC LNG tankers head to India and China SINGAPORE, June 29 (Reuters) – Middle East producers are pushing ahead with … Read more

ADVANCING THE MISSION: Minister Hodgson Advances Canada’s Mission to be an Energy Superpower at EMMC 2026

June 30, 2026June 30, 2026 by EnergyNow Media

YELLOWKNIFE, NT, June 26, 2026 /CNW/ – As the world experiences an energy crisis with three dimensions — affordability, energy security and climate change — Canada faces a generational opportunity to unlock our natural resource abundance and provide for ourselves and our allies. The federal government is choosing to seize this pivotal moment to strengthen our position … Read more

Homalco First Nation Puts Out Welcome Mat to Hydroelectric Dams

July 1, 2026June 30, 2026 by EnergyNow Media

First Nation propose three dams all within Homalco territory By Nelson Bennett BC Hydro CEO Charlotte Mitha speaking to GVBOT. | Matt Borck The One Group Agency | GVBOT One day after BC Hydro and Energy Minister Adrian Dix announced the province would dust off decades-old plans for large hydroelectric dam development, the Tŝilhqot’in First … Read more

De-Mining of the Strait of Hormuz to be Carried Out Only by Iran, Deputy Foreign Minister Says

June 29, 2026 by EnergyNow Media

(Reuters) – The removal of mines from the Strait of Hormuz is to be carried out solely by Iran according to the Islamabad MoU between Tehran and Washington, Iran’s Deputy Foreign Minister Kazem Gharibabadi said in a post on X on Monday, in response to French President Macron’s comments on the subject. Emmanuel Macron said … Read more

Iraq’s Push for Bigger OPEC Quota Driven by Revenue Pressures, New Oil Investment

June 29, 2026 by EnergyNow Media

(Reuters) – An economic crisis caused by the Iran war and a fresh surge of investment by oil majors are driving Iraq’s aggressive push for a higher OPEC production quota, potentially placing it on a collision course with the producer bloc. The pressure from Baghdad adds to the challenges confronting the Organization of the Petroleum … Read more

B.C. Natural Gas Leak Caused by Crews Hitting Misidentified Pipeline: TSB Report

June 29, 2026June 29, 2026 by The Canadian Press

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A federal investigation has found the puncture of a natural gas pipeline in northeastern B.C. last November was caused by inaccurate identification of the pipeline’s location.
The Transportation Safety Board says in its investigation report that the a…

COMMENTARY: Carney’s Command of Canada’s Projects: What Gets Built, What Gets Blocked, and Who Decides – Ron Wallace

June 29, 2026June 29, 2026 by EnergyNow Media

by Ron Wallace “….. rather than reform the regulations and cut the red tape that discourage vital infrastructure projects, including pipelines, Carney chose to grant himself and his cabinet new powers to reject or bless projects based on their personal preferences.” The Carney government, after securing a narrow majority through political, rather than electoral, means … Read more

Australian Energy Exploration Hits 10-Year High in Hunt for Gas

June 29, 2026 by EnergyNow Media

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(Reuters) – Energy exploration has picked up sharply in Australia driven by growing Asian gas demand, technological advances and an improved investment climate, with the Iran war underscoring the urgency to develop supply, after years of sluggish spending. Quarterly oil and gas exploration spending in Australia, the world’s No. 2 liquefied natural gas producer, hit … Read more

Enterprise Group Announces Annual Meeting Results

June 29, 2026 by EnergyNow Media

June 29, 2026 8:00 AM EDT | Source: Enterprise Group Inc. St. Albert, Alberta–(Newsfile Corp. – June 29, 2026) – Enterprise Group, Inc. (TSX: E) (“Enterprise” or the “Company“) announces the voting results of its annual and special meeting of shareholders held on June 25, 2026. The detailed results of the vote are set out below. … Read more

Prospera Announces $12.0 Million Non-Brokered Equity Financing to Scale Its Heavy-Oil Strategy

June 29, 2026 by EnergyNow Media

June 29, 2026 7:00 AM EDT | Source: Prospera Energy Inc. Calgary, Alberta–(Newsfile Corp. – June 29, 2026) – Prospera Energy Inc. (TSXV: PEI) (OTC Pink: GXRFF) (“Prospera“, “PEI“, the “Corporation“, or the “Company“)Prospera Energy is pleased to announce a non-brokered private placement of units of the Company at $0.04 per unit for aggregate gross proceeds … Read more

Oil Steadies as US and Iran Agree to Halt Attacks

June 29, 2026 by EnergyNow Media

Summary US and Iran also agree to resume talks over Strait of Hormuz Middle East producers press ahead with loadings Brent crude fell 10.6% last week (Reuters) – Oil ‌prices steadied on Monday as Iran and the United States agreed to halt recent hostilities in the Gulf and Middle East producers pushed ahead with … Read more

BOILER SITE GLASS SELECTION & MAINTENANCE: Small Details That Can Have a Big Impact on Safety

June 29, 2026 by EnergyNow Media

Boilers are essential to many operations across Canada’s energy sector, from oil and gas processing facilities to refineries, power generation, utilities, and industrial plants. When a boiler is operating properly, it is often treated as part of the background of the facility. But when water level indication is inaccurate, difficult to read, or improperly maintained, … Read more

PERSPECTIVE: LNG Opportunities Slipping Away Due to Ottawa’s Regulatory Burden

June 29, 2026 by EnergyNow Media

By Julio Mejía and Elmira Aliakbari The Carney government recently approved its first major pipeline project—Enbridge’s Sunrise expansion of the Westcoast natural gas pipeline. While Energy Minister Tim Hodgson said this proves that Ottawa is “getting projects approved and built,” one approval doesn’t change the broader picture. Canada is still moving too slowly to unleash … Read more

Five Things to Watch for in the Canadian Business World in the Coming Week Including Alberta Pipeline Submission

June 29, 2026June 29, 2026 by The Canadian Press

Five things to watch for in the Canadian business world in the coming week:
Holiday trading
It’s an abbreviated trading week for stock markets this week. The Toronto Stock Exchange will be closed for trading on Wednesday for the Canada Day holiday, wh…

INSIDE KANATA LNG – B.C.’s Newest Proposed Gas Export Project

June 29, 2026June 29, 2026 by EnergyNow Media

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Robert Delamar says the proposed 12-million-tonne facility near Prince Rupert is a test of whether Canada can turn its energy wealth into real projects. By Ian Biana Robert Delamar, Chief Executive Officer & Co-Founder, Kanata Clean Power & Climate Technologies Corp. | Kanata Clean To the public, Kanata LNG arrived as big news, seemingly out … Read more

B.C. Premier Eby Visiting China to Pitch LNG Project as Province’s ‘Really Big Fish’

June 29, 2026June 29, 2026 by EnergyNow Media

VANCOUVER – British Columbia Premier David Eby says his first-ever trade trip to China will focus on pitching the province’s forestry products and energy sector around LNG development, and that he approaches the mission with both excitement and caution. Eby spoke to reporters Saturday at Vancouver International Airport before jetting off for the trip, … Read more

Saudi Aramco Helicopter Crash Kills 14 Nationals, State News Agency Says

June 28, 2026 by EnergyNow Media

(Reuters) – A helicopter belonging to Saudi oil giant Aramco crashed on Sunday ‌in Ras Tanura on Saudi Arabia’s eastern coast on the Gulf, west of the Strait of Hormuz, killing 14 nationals, the state news agency reported, adding that the ⁠cause was unknown. Aramco had resumed crude oil loadings on Friday at its Ras Tanura terminal … Read more

No Injuries But Hibernia Oil Spill Posed Threat of deadly Blast and Fire: Regulator

June 28, 2026June 28, 2026 by The Canadian Press

The agency that oversees Newfoundland and Labrador’s offshore energy sector says a recent oil spill and gas leak aboard the Hibernia oil platform could have caused a deadly explosion and fire.
The Canada-Newfoundland and Labrador Offshore Energy Regul…

STILL ON TRACK: Alberta Says Pipeline Proposal on Track for July 1 Deadline, as Uncertainty Hangs Over Project

June 27, 2026June 27, 2026 by EnergyNow Media

Province’s agreement with Ottawa set Canada Day as target for pipeline submission Andrew Jeffrey The Alberta government said on Friday it still intends to meet Wednesday’s deadline to submit a pipeline proposal to Ottawa’s major projects office. (CBC News) Questions still hang over the Alberta government’s pipeline proposal to Ottawa’s major projects office, just days … Read more

$1 BILLION OR MORE: VARCOE: Decade-High Number of Canadian Petroleum Producers Valued at $1B or More, in Wake of Consolidation Wave

June 27, 2026June 27, 2026 by EnergyNow Media

‘The interest in Canada has picked up a lot,’ said Brian Schmidt, CEO of Calgary-based Tamarack Valley Energy By Thhis Article and More From Chris Varcoe Here Original: calgaryherald.com/opinion/columnists/varcoe-decade-high-canadian-petroleum-producers-valued-billion-consolidation-wave It’s taken a decade for Canada’s oil and gas sector to return to this point, but 32 petroleum producers in the country recently hit a … Read more

Canada Can Become an Energy Powerhouse – But Federal Policies Still Stand in the Way

June 27, 2026June 27, 2026 by EnergyNow Media

By Julio Mejía and Tegan Hill The United States and Iran have signed an interim ceasefire agreement that could soon help restore regular oil and gas flows through the Strait of Hormuz, a vital global energy corridor. But even if the disruption in the strait is resolved, the world urgently needs stable and reliable energy suppliers. Canada is … Read more

Alberta Pipeline Plan Collides With Doubts Over How Much Oil It Can Pump

June 26, 2026 by EnergyNow Media

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By Robert Tuttle and Iain Boekhoff Alberta’s push for a new oil pipeline to carry 1 million barrels a day to the west coast is colliding with a hard question for Canada’s energy companies: Can they produce enough oil to fill it? Alberta Premier Danielle Smith has championed the project, which would be one of … Read more

Oil Prices Dive as More Tankers Move Through Strait of Hormuz

June 26, 2026 by EnergyNow Media

Aramco resumes Ras Tanura oil loadings after four-month halt Strait of Hormuz loadings at highest level since war began Overall traffic is still a small fraction of pre-war daily average HOUSTON, June 26 (Reuters) – Crude prices fell by more than 3% on Friday, on course for steep weekly losses, as oil tankers kept exiting … Read more

Trans Mountain Releases Annual Sustainability Report

June 26, 2026 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – June 26, 2026) – Trans Mountain Corporation (“Trans Mountain” or “the Company”) today released its 2025 Sustainability Report. The report details sustainability progress on key environmental, social and governance priorities and highlights key achievements from the past year. “2025 was an extraordinary year for Trans Mountain – one that underscored our … Read more

US Energy Firms Add Most Rigs in a Week Since June 2022, Baker Hughes Says

June 26, 2026 by EnergyNow Media

(Reuters) – U.S. energy firms had the biggest weekly increase in rigs since June 2022, energy services firm Baker Hughes said in its report on Friday. The total oil and gas rig count, an early indicator of future output, rose by 10 in the week to June 26, the largest weekly jump in four years. … Read more

UAE Stresses Hormuz Security in Rare Call With Iran After War Tensions

June 26, 2026 by EnergyNow Media

(Reuters) – UAE Foreign Minister Sheikh Abdullah bin Zayed on Friday stressed the need to protect maritime corridors and ensure freedom of navigation through the Strait of Hormuz in a call with his Iranian counterpart Abbas Araqchi. The exchange, reported by state news agency WAM, marks a rare public contact between Abu Dhabi and Tehran … Read more

Barclays Cuts Brent Price Forecasts for 2026 and 2027

June 26, 2026 by EnergyNow Media

(Reuters) – Barclays on Friday cut its Brent crude price forecasts to $96 per barrel for 2026 and $85 per barrel for 2027, down from $100 and $88 respectively, after an increase in oil flows through the Strait of Hormuz. Crude prices were on course for weekly losses, as more oil tankers exited the strait, … Read more

Iran Insists on Right to Control Shipping in Strait of Hormuz After Ship Hit Near Oman

June 26, 2026 by EnergyNow Media

(Reuters) – Iran reasserted its right on Friday to control shipping in the Strait of Hormuz and warned Gulf states against siding with the U.S., a day after an attack on a ship near Oman highlighted the fragility of a preliminary deal to end the Iran war. Tehran was responding to what it called an … Read more

Ukraine Attacks Russian Energy Sites – What Has Been Hit?

June 26, 2026June 26, 2026 by EnergyNow Media

Ukraine has stepped up attacks on Russian energy facilities in recent months, targeting the country’s infrastructurein a war now well into its fifth year. The drone attacks are worsening fuel shortages in Russia, where people have reported rising prices and long queues at the filling stations across most regions. Following is a summary of the … Read more

Petrus Resources Announces Monthly Activity Update

June 26, 2026 by EnergyNow Media

CALGARY, Alberta, June 25, 2026 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to announce the most recent version of the Company’s monthly activity update can be found on the Company’s website at https://www.petrusresources.com/monthlyupdates. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions … Read more

Oil Set for Hefty Weekly Losses as Tankers Exit Strait of Hormuz

June 26, 2026 by EnergyNow Media

Summary Aramco resumes Ras Tanura oil loadings after four-month halt Strait of Hormuz loadings at highest level since war began Overall traffic remains a fraction of previous daily average (Reuters) – Crude prices plunged by more than 3% on Friday, on course for steep weekly losses, on ‌easing supply concerns as more stranded oil tankers exited the … Read more

PERSPECTIVE: Carney Government Already Clawing-Back ‘MOU’ Promises Made to Alberta

June 26, 2026June 26, 2026 by EnergyNow Media

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By Kenneth P. Green Back in November 2025, the federal government and the Alberta government struck a Memorandum of Understanding (MOU) to help resolve the multi-faceted—and increasingly fractious—impasse between the two governments over Alberta’s ability to expand oil production and reach export markets via shipping from Canada’s Pacific coast. The two governments were starkly opposed. On one … Read more

COMMENTARY: Expect More Shocks to Crude Oil and Natural Gas Markets – Yogi Schulz

June 26, 2026June 26, 2026 by EnergyNow Media

By Yogi Schulz Recent years have seen a rapid succession of global energy crises, driven by military conflict, extreme weather, regulatory gridlock and supply chain disruptions. It appears that these various shocks are becoming more frequent. Shocks lead to price spikes and tend to increase the cost of producing, refining and distributing crude oil, condensate, … Read more

Atlantic Provinces Urged to Pursue Regional Electricity Grid: Report

June 26, 2026June 26, 2026 by EnergyNow Media

“These premiers could be the first in 65 years to not just understand this idea but actually take action on it” By TJ Colello Original: financialpost.com/cape-breton/atlantic-provinces-urged-to-pursue-regional-electricity-grid-report/wcm/419f4a33-9cd7-463b-8314-d844483795fb An environmental organization in Nova Scotia is calling on provincial governments in Atlantic Canada to pursue a regional electricity grid to help improve reliability and lower costs. The Ecology … Read more

ANALYSIS: More Oil, Less Carbon – What the Latest Oil Sands Data Really Shows

June 26, 2026 by EnergyNow Media

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S&P Global’s latest analysis shows Canadian oil sands emissions intensity is down nearly a third since 2009. Here’s the difference between intensity and absolute emissions and why both numbers point to progress. By Angela Wrigley The headline from S&P Global Energy’s latest annual analysis, released today, is a story of progress that’s now 17 years deep: … Read more

Trump and China Will Pay Close Attention to Carney’s ‘Trade Diversification’ Balancing Act

June 26, 2026 by EnergyNow Media

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By Steven Globerman and Jock Finlayson In his recent speech at the Economic Club of New York, Prime Minister Carney called for a new partnership between Canada and the United States, one that recognizes the deep economic integration between the two countries, notably in manufacturing supply chains and energy. Yet he also reiterated his position … Read more

MAKING ROOM: Dredging of Vancouver’s Burrard Approved to Make Room for More Oil on Current Tankers

June 26, 2026June 26, 2026 by The Canadian Press

The Vancouver Fraser Port Authority says it has received all federal permits to allow for the dredging of Vancouver’s Burrard Inlet, making room for larger oil tankers loading up from the Trans Mountain pipeline.
The agency says the dredging along no…

COMMENTARY: Taxes and Regulations Will Increase the Cost of Producing New Energy In Alberta, Making it Less Competitive Than the US – Jack Mintz

June 27, 2026June 26, 2026 by EnergyNow Media

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By Jack Mintz Impact of Carbon Policies on Competitiveness in Oil, Natural Gas, and Electric Power: An Alberta–US Comparison This study, based on a newly developed methodology to assess the impact of corporate, royalty, and energy taxes on production, estimates the impact of taxes and carbon policies on marginal cost of production in Alberta, Texas, … Read more

Alberta Boosts LPG Exports by Rail as US Summer Demand Booms

June 26, 2026June 26, 2026 by EnergyNow Media

(Reuters) – Railway exports of liquefied petroleum gases from the Canadian production hub of Edmonton, Alberta, to refining and trading centers in the United States are unusually high this summer due to strong demand from motor fuel blenders, according to storage broker The Tank Tiger. The out-of-season surge in LPG flows highlights the knock-on effects … Read more

PERSPECTIVE: Nuclear Energy for Canada and the World – Resource Works

June 26, 2026June 26, 2026 by EnergyNow Media

How the newly unveiled national nuclear strategy aims to secure domestic power grids and expand global energy exports By Karen Graham By Resource Works More News and Views From Resource Works Here Does Canada need a nuclear energy strategy? Yes (domestically), and yes (internationally). For decades, Canada’s nuclear energy sector has operated in a netherworld, … Read more

Security of Vessels Passing Outside Designated Hormuz Routes is Not Guaranteed, Iranian Authority Says

June 25, 2026 by EnergyNow Media

(Reuters) – Vessels passing outside routes set by the Persian Gulf Strait Authority, a body set up by Iran to manage the Strait of Hormuz, will not be guaranteed safe passage, the authority said in a post on X on Thursday. “Consequences arising from passage through unauthorised routes shall be the responsibility of the owner, … Read more

Oil Prices Climb 2% After Cargo Ship Hit by Projectile Near Oman

June 25, 2026 by EnergyNow Media

By Scott Disavino Two U.S. officials told Reuters Iran fired on the cargo ship near the Strait of Hormuz The UN maritime agency paused its Hormuz ship evacuation effort after the suspected attack Rystad says Gulf storage is 50%-60% full, risking output curbs if traffic lags NEW YORK, June 25 (Reuters) – Oil prices rose … Read more

Commodity Prices Help Send TSX higher, U.S. Stock Markets Mixed Amid Inflation Data

June 26, 2026June 25, 2026 by The Canadian Press

Commodity prices helped lift Canada’s main stock index on Thursday as U.S. markets posted mixed results.
The S&P/TSX composite index was up 114.12 points at 34,850.21.
“For Canada (and) the TSX, the rise in commodity prices and precious metals spec…

Cargo Ship Reports Suspected Attack While Crossing Hormuz

June 25, 2026 by EnergyNow Media

(Reuters) – A cargo ship reported a suspected attack as it attempted to pass through the Strait of Hormuz close to the coast of Oman on Thursday, British navy agency UKMTO said. The UN’s International Maritime Organization is currently assisting ships escape the Gulf, hundreds of which have been stranded there since the Iran war … Read more

Some Airlines Reduce Fuel Surcharges as Oil Falls, While Others Hold Steady

June 25, 2026June 25, 2026 by The Canadian Press

Some Canadian airlines are scaling back fuel surcharges as fuel prices fall, while others are holding steady for now.
WestJet Airlines says it has reduced its levy on companion vouchers to $40 from $60 per round trip or one-way fare.
Porter Airline…

Iran Peace Deal No Silver Bullet for Fed’s Inflation Dilemma: Mike Dolan

June 25, 2026 by EnergyNow Media

(Reuters) – Peace in the Gulf may ease pump prices, but not the Federal Reserve’s bigger problem: a U.S. economy that may already have been overheating before the Iran war. If oil retreats to pre-war levels, it could even spur demand at a critical juncture and worsen cost-of-living fears. That sounds like a “damned if … Read more

Iraq Says Reports of Possible OPEC Exit Do Not Reflect Official Position

June 25, 2026 by EnergyNow Media

(Reuters) – Iraq’s oil ministry said on Thursday that reports suggesting Baghdad was considering ending its membership in OPEC did not reflect the Iraqi government’s official position. The ministry added that Iraq continued to stress the importance of reviewing oil production quotas to ensure they are aligned with member states’ sustainable production capacities. Reporting by … Read more

Crude Shipments Through Hormuz at Highest Since War Amid Concerns Over Iran Exit Demands

June 25, 2026 by EnergyNow Media

By Jonathan Saul and Florence Tan Shipments through Hormuz rise after ceasefire deal Concerns about how long waterway will stay open also boost trade Difficult to estimate exact volume of trade Overall sailings still a fraction of pre-war daily average UN agency launched scheme this week to evacuate vessels trapped in Gulf LONDON/SINGAPORE, June 25 … Read more

China Targeting Half of Power From Non-Fossil Sources by 2030

June 25, 2026 by EnergyNow Media

By Colleen Howe BEIJING, June 25 (Reuters) – China is aiming for half of its electricity to come from non-fossil sources by 2030, up from a 42.3% ‌target for 2025, according to a five-year plan for the energy sector released on Thursday. Here are other key points from the plan: China is aiming for wind … Read more

UBS Cuts Brent Forecasts But Says Output Recovery May Lag Market Expectations

June 25, 2026 by EnergyNow Media

(Reuters) – UBS on Thursday cut its Brent crude forecasts to $85 a barrel for end-September and end-December, from $105 and $95 respectively, and said a recovery in oil production from the Iran war was likely to be slower than the market expects. An interim deal last week to end the U.S.-Israeli war on Iran, … Read more

UN Data Shows 57 Ships Sailed through Hormuz Since June 23 Under UN Evacuation Scheme

June 25, 2026 by EnergyNow Media

(Reuters) – Some 57 ships carrying an estimated 1,100 seafarers have transited the Strait of Hormuz since June 23 under a United Nations evacuation plan launched this week, data from the U.N.’s shipping agency showed on Thursday. These are the first numbers to be released by the U.N.’s International Maritime Organization for the initiative, which … Read more

Oil Touches Pre-War Levels on Rising Middle East Supply

June 25, 2026 by EnergyNow Media

Summary Brent, WTI hit lowest since February 27 Goldman Sachs says no significant pick-up in Iranian production expected Iraq to consider all options if OPEC quota not raised, sources say Iraq also weighed OPEC exit, sources say (Reuters) – Oil prices fell on Thursday to levels last seen before the start of the Iran ‌war … Read more

OIL SANDS EMISSION FALL…AGAIN – Downward Trend in Oil Sands Emissions Intensity Continues: S&P Global Energy

June 25, 2026June 25, 2026 by The Canadian Press

A new analysis from S&P Global Energy says the greenhouse gas intensity of the oilsands has declined for the 13th straight year, with a two per cent drop in 2025.
The research firm says the average emissions per barrel of marketable product has falle…

Comment Period Opens for Planned Liquefied Petroleum Gas Facility on B.C. Coast

June 25, 2026June 25, 2026 by The Canadian Press

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Ottawa has begun taking public comments on a proposed liquefied petroleum gas facility on British Columbia’s north coast.
The Impact Assessment Agency says in a statement that comments on the proposal by Trigon Pacific Terminals at the Port of Prince …

Government of Canada Launches Nuclear Energy Strategy

June 25, 2026June 25, 2026 by EnergyNow Media

Canada is at a pivotal moment, and as demand for reliable and clean energy skyrockets, the Government of Canada is focused on how we can best protect affordability for Canadians, build our economic strength, secure energy sovereignty and transition to net zero by 2050. Canada starts from a position of strength: we have an … Read more

The Atlantic Electricity Cooperative Initiative (AECI) Launched on June 8th in Charlottetown

June 25, 2026 by EnergyNow Media

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Atlantic Canada is facing growing electricity demand from electrification, economic development, housing growth, and emerging industries. At the same time, each province operates its own electricity system, plans independently, and faces similar affordability, reliability, and infrastructure challenges. Leaders across the region are asking whether there is a better way to plan for the future together. … Read more

COMMENTARY: Will Energy Become Atlantic Canada’s Limiting Factor – Michelle Robichaud

June 25, 2026 by EnergyNow Media

Commentary by Michelle Robichaud, President of the Atlantica Centre for Energy. A few weeks ago, I was trying to explain to one of my daughters why I spend so much time talking about energy and electricity. She looked at me and said, “Mom, the lights come on when I flip the switch. What else do … Read more

Canada Initiates Process to List Major Projects Under the Building Canada Act

June 25, 2026June 25, 2026 by EnergyNow Media

YELLOWKNIFE, NT, June 24, 2026 /CNW/ – The world is changing rapidly. In response, a confident Canada is choosing to build. Canada’s government is building major projects – new ports, mines, highways, and energy infrastructure – that will transform our economy and unlock billions of dollars in new investment for Canadian workers and businesses. Key to those … Read more

Energy Opportunity: From the Atlantic to the World

June 25, 2026 by EnergyNow Media

Summary of the Energy NL Conference and Exhibition 2026, provided by Energy NL. Energy Opportunity Takes Centre Stage Our flagship energy event has concluded and what an exciting week it was for attendees of the Energy NL Conference & Exhibition 2026. The theme of this year’s conference was Energy Opportunity: From the Atlantic to the World, … Read more

Global Physical Crude Markets Mired in Discounts as Middle East Ramps Up Supply

June 25, 2026June 25, 2026 by EnergyNow Media

(Reuters) – Physical crude oil cargoes are selling at discounts across the globe, changing trade flows as markets come under pressure from fast-rising Middle Eastern supply with Iran set to boost sales following a temporary reprieve from U.S. sanctions. The steep drop in prices follows the 60-day interim deal between the U.S. and Iran to … Read more

JP Morgan Lowers Brent Crude Price Forecast for Second-Half 2026

June 25, 2026June 25, 2026 by EnergyNow Media

(Reuters) – J.P. Morgan on Wednesday lowered its second-half 2026 Brent crude oil price forecast due to lower-than-expected OECD commercial inventory draws and lower demand for oil. The bank sees Brent averaging $86 per barrel in the third quarter, $80 in the last quarter, and expects to exit 2026 at $78, according to a research … Read more

PERSPECTIVE: Why Youth Awareness and Education About Energy Are So Important to Canada

June 24, 2026 by EnergyNow Media

Energy literacy and balanced education will help prepare the next generation of Canadians to make informed decisions about climate, energy security, economic growth and technological innovation. By EnergyNow Editorial Staff Canada is entering a defining moment in its energy history. Around the world, demand for energy is rising, competition for secure supply is increasing, and … Read more

STUDY: Albertans’ Net Contribution to Federal Finances Save Canadian Taxpayers in Other Provinces About $1,000 a Year – Fraser Institute

June 24, 2026 by EnergyNow Media

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By Tegan Hill and Nathaniel Li Illustrating Albertans’ Contribution to the Rest of Canada Due to relatively high employment rates, higher average incomes, and younger population, Albertans make an outsized contribution to federal finances compared to other provinces, contributing significantly more to federal revenues and national programs than they receive in transfers and federal spending. … Read more

Canada’s AtkinsRealis Seeks U.S. Approval for Nuclear Tech to Power AI Boom

June 24, 2026 by EnergyNow Media

The Nuclear Regulatory Commission has made changes to lower the burden for applicants and speed up approvals By Mathieu Dion The surge in new data centres for artificial intelligence is translating into growth for the United States electricity sector, and Canadian nuclear company AtkinsRealis Group Inc. wants in. The Montreal-based company has filed a notice … Read more

Waterous Energy Fund Announces Disposition of Shares of Strathcona Resources Ltd.

June 24, 2026 by EnergyNow Media

CALGARY, Alberta–(BUSINESS WIRE)–Waterous Energy Fund Management Corp. (the “WEF Manager“), in its capacity as manager of certain limited partnerships, including but not limited to, Waterous Energy Fund (Canadian) LP, Waterous Energy Fund (US) LP and Waterous Energy Fund (International) LP (collectively, the “Fund I Limited Partnerships“, and together with Waterous Energy Fund II Aggregator LP … Read more

AltaGas Announces Utilities Leadership Transition and Continued Execution of Long-Term Strategy

June 24, 2026 by EnergyNow Media

CALGARY, AB, June 24, 2026 /CNW/ – AltaGas Ltd. (“AltaGas” or the “Company”) (TSX: ALA) announces a transition within its Utilities leadership team, reflecting the depth of its internal talent and continued progress in executing its long-term Utilities strategy. Donald “Blue” Jenkins will be stepping down from his roles as Executive Vice President of AltaGas, and President of Washington Gas … Read more

JERA Sees LNG Prices Staying Firm as Qatar Repairs Drag On, Europe Rebuilds Stocks

June 24, 2026 by EnergyNow Media

(Reuters) – Japan’s JERA expects liquefied natural gas prices to remain relatively firm in the near term, as restoring Qatar’s LNG facilities damaged during the Iran war will take time and Europe needs to replenish stocks ahead of winter, its chairman said. “Looking over the next year or so, prices may well hold up fairly … Read more

Political Turmoil Offers UK Chance to Correct North Sea Course: Bousso

June 24, 2026 by EnergyNow Media

(Reuters) – The latest bout of political turmoil in Britain comes as energy security has moved front and centre following the Iran war, offering the next prime minister a chance to rethink the country’s North Sea oil and gas strategy. Andy Burnham, who is poised to succeed Prime Minister Keir Starmer following his resignation earlier … Read more

Vessel and Cargo Valued at $125 Billion Awaiting Gulf Passage, Allianz Says

June 24, 2026 by EnergyNow Media

(Reuters) – Around 1,150 cargo-carrying ships with an estimated vessel and freight value of $125 billion and as many as 20,000 seafarers are waiting to resume operations in the Gulf after the Iran war shut the Strait of Hormuz, Allianz Research said on Wednesday. “Even if the US and Iran agreement holds and the Strait … Read more

More Stranded Oil Tankers Exit Hormuz, Adding to Global Supply

June 24, 2026 by EnergyNow Media

(Reuters) – Three stranded tankers carrying 5 million barrels of crude oil were exiting the Strait of Hormuz on Wednesday, with two heading to Asia, shipping data showed, as the interim deal between Iran and the U.S. unlocks more supply stuck ‌in the Gulf, bringing down global prices. South Korean-flagged VL Breeze, a Very … Read more

APPLY NOW FOR YOUR EXHIBITOR SPACE: Showcase Your Knowledge and Technology in the Heavy Oil Industry, Lloydminster Heavy Oil Show – September 16 & 17, 2026

June 29, 2026June 24, 2026 by EnergyNow Media

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Uniquely situated on the border between the provinces of Alberta and Saskatchewan, the Lloydminster Heavy Oil Show is surrounded by thousands of heavy oil wells of both cold and thermal production. This leading edge technology exhibition is a great opportunity for visitors to discover and network with the substantial knowledge base that exhibitors bring to … Read more

Canada Backs $715 Million Loan for Indigenous Nuclear Stake

June 24, 2026June 24, 2026 by EnergyNow Media

The Darlington New Nuclear Project is one of 17 initiatives referred to the country’s Major Projects Office for review By Jessica Kim and Erik Hertzberg Canada will make a $715 million loan guarantee to a group of seven First Nations so they can buy a stake in a large nuclear project east of Toronto, according … Read more

Oil Extends Losses on Expectations of Smoother Crude Flows via Hormuz

June 24, 2026 by EnergyNow Media

Drone view of oil tanker HELGA berthed at one of Iraq’s southern offshore oil terminals near Basra as it prepares to load crude oil, becoming the second vessel to arrive since the closure of the Strait of Hormuz, April 24, 2026. REUTERS/Mohammed Aty/File Photo Summary Prices pressured by US-Iran talks, sanctions relief More vessels transit … Read more

THE SAME PAGE: Simultaneous Operations (SIMOPS): Keep Everyone on the Same Page

June 25, 2026June 24, 2026 by EnergyNow Media

When multiple crews are working on the same site, communication gaps can quickly turn into operational and safety risks. Drilling crews, operators, contractors, and construction teams all need visibility into what’s happening around them. Muddy Boots SIMOPS was built to simplify communication and coordination between all parties involved in simultaneous operations. Built for Real-World Operations … Read more

VARCOE: Data Centre Progress in Alberta Set to Speed Up As ‘All Pieces of the Broader Puzzle’ Come Together

June 24, 2026June 24, 2026 by EnergyNow Media

Province advances application to build and operate 1,864-megawatt power-generation facility with possible links to Meta By This Article and More From Chris Varcoe Here Original: financialpost.com/opinion/columnists/varcoe-data-centre-progress-alberta-set-speed-up/wcm/462e1b59-dc60-4408-aa46-798689479e41 Alberta Technology Minister Nate Glubish made a bold prediction two weeks ago at the Global Energy Show that’s worth remembering. He told the audience that Alberta could see massive … Read more

Nord Stream 2 Pipeline Owner Sues EU Over Russian Gas Ban

June 24, 2026 by EnergyNow Media

Nord Stream 2 - Committed, Reliable, Safe

By Kate Abnett BRUSSELS, June 23 (Reuters) – The owner of the Gazprom-controlled Nord Stream 2 gas pipeline is suing the European Union in the bloc’s second-highest court, seeking to annul the EU’s ‌binding phase-out of gas imports from Russia, a public document showed. The EU approved a law this year to halt all Russian … Read more

FEATURE: Energy Partnerships Help Bring Bison Back to Willow Lake Métis Nation

June 24, 2026June 24, 2026 by EnergyNow Media

Growing herd and small farm open community’s new chapter By Grady Semmens In February 2026, Willow Lake Métis Nation released 20 wood bison from Elk Island National Park into an enclosure on land it acquired in 2022. Photo courtesy Willow Lake Métis Nation It’s a cool spring morning in northern Alberta, as Matthew Michetti watches … Read more

NEW EPISODE #7 – WATCH: 3 MINUTE HISTORY CANADA – The Oil Policy That Split Canada in Two

June 24, 2026June 24, 2026 by EnergyNow Media

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3 Minute History Canada continues its must-watch energy history series. This week’s episode explains the 1961 National Oil Policy — the clever (and controversial) compromise that revived the Borden Line: Alberta crude for the West, cheaper imports for the East. It boosted growth but left Canada vulnerable when the 1973 crisis hit. Created by historian … Read more

PERSPECTIVE: Why Youth Awareness and Education About Energy Are So Important to Canada

June 24, 2026June 24, 2026 by EnergyNow Media

TEST DRIVE THE CLUB THIS SUMMER: Experience the Calgary Petroleum Club Free for 60 Days – DETAILS HERE

June 23, 2026 by EnergyNow Media

Experience the Calgary Petroleum Club this summer with a complimentary 60-day trial membership. Discover business dining, member events,networking, and a community built for connection. TEST DRIVE THE CPC THIS SUMMER The Management and Board of Governors of the Calgary Petroleum Club invite you to take advantage of our Two-Month Guest Trial Membership. This opportunity enables … Read more

Evacuation Plan Through Hormuz for Stranded Ships in Gulf Underway, UN Agency Says

June 23, 2026 by EnergyNow Media

(Reuters) – An evacuation plan to enable hundreds of ships with some 11,000 seafarers stranded in the Gulf to sail through the Strait of Hormuz is underway after Iran and the U.S. reached a ceasefire deal, the United Nations’ shipping agency said on Tuesday. “We have now started contacting the ships to start the evacuation,” … Read more

Gulf Oil Tanker Rates Nearly Double as Middle East Producers Ramp Up Exports

June 23, 2026 by EnergyNow Media

(Reuters) – Oil tanker operators are reaping record profits after nearly doubling the hire cost of vessels going through the Strait of Hormuz and wider Gulf region this week on rising demand as traffic through the waterway slowly picks up, according to shipping data and sources. Traffic through the vital strait has been modest since … Read more

Will US and International Sanctions on Iran be Lifted?

June 23, 2026 by EnergyNow Media

(Reuters) – The U.S. has started waiving some sanctions on Iran under their interim deal to end the war, but fully unravelling a tangled web of restrictions on the country’s activities and trade under any more comprehensive agreement will be much harder. This is why any effort to lift sanctions on Iran could take years … Read more

ROK Resources Announces Sale of Non-Core Southeast Saskatchewan Asset

June 23, 2026 by EnergyNow Media

NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES REGINA, SK / ACCESS Newswire / June 23, 2026 / ROK Resources Inc. (“ROK” or the “Company“) (TSXV:ROK)(OTCQB:ROKRF) is pleased to announce that it has entered into an asset purchase and sale agreement dated June 22, 2026 (the “Agreement“) with an arms length third party … Read more

Oman, Iran to Hold Talks Regarding Future Management of Strait of Hormuz

June 23, 2026 by EnergyNow Media

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(Reuters) – Oman and Iran will form a team to reach an agreement on “administration of navigation in the Strait of Hormuz” and associated costs and services, the two countries said in a joint statement on Tuesday. The two states will hold talks with coastal countries and other concerned parties, the statement said. Reporting by … Read more

Cameco Cheers US$17.5-Billion Conditional Loan Package for New U.S. Reactors

June 23, 2026June 23, 2026 by The Canadian Press

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Saskatchewan uranium miner Cameco Corp. is cheering the U.S. Department of Energy’s announcement of a conditional US$17.5-billion loan package to speed up new reactor builds.
The department’s Office of Energy Dominance Financing says the loans are fo…

More Vessels Transit Hormuz, Qatar-Linked LNG Tankers Return, Data Show

June 23, 2026 by EnergyNow Media

By Emily Chow, Florence Tan and Nerijus Adomaitis Three stranded VLCCs exited strait on Tuesday, data show Seven Qatar-linked ballast LNG tankers enter Hormuz, data show No widespread movement of empty LNG vessels toward Gulf still SINGAPORE/OSLO, June 23 (Reuters) – Three stranded supertankers passed through the Strait of Hormuz on Tuesday, while seven empty … Read more

Alimentation Couche-Tard Finds Upside in ‘Volatile’ Gas Market: CEO

June 23, 2026June 23, 2026 by The Canadian Press

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One of Canada’s largest gas station operators managed to grow its profit and revenue even as the Middle East war choked the global flow of fuel.
Alimentation Couche-Tard Inc. reported a fourth-quarter profit attributable to shareholders of $863.4 mill…

REGISTRATION NOW OPEN! Inaugural Forum on Indigenous Energy Ownership & Governance – Edmonton, September 22-23, 2026 – Details Here

June 27, 2026June 23, 2026 by EnergyNow Media

Turning equity participation into durable, bankable Indigenous ownership in energy and infrastructure projects. As Indigenous ownership in Canada’s energy sector expands across pipelines, LNG, utilities, and long-life infrastructure—supported by federal loan guarantees and increasing deal flow—the focus is shifting from participation to structuring ownership models that deliver reliable energy and long-term value. This practical, execution-focused … Read more

OPINION: Canada’s Energy Industry Has Proven It Can Build Responsibly. It’s Time for Governments to Let it Do Just That

June 26, 2026June 23, 2026 by EnergyNow Media

by Terry Winnitoy For years, critics of Canada’s oil and natural gas industry have argued that major energy projects cannot be developed without unacceptable environmental consequences. Yet the evidence from some of Canada’s largest and most scrutinized energy projects tells a different story. From the Coastal GasLink pipeline crossing some of the most environmentally … Read more

COMMENTARY: Newfoundland May Hold More Power in Churchill Falls Talks Than Many Think

June 23, 2026June 23, 2026 by EnergyNow Media

By Andrew Rankin This Article and More by Andrew Rankin Here Rising energy demand has pushed some to urge the province of Newfoundland and Labrador to reject the current MOU and pursue a different approach. Photo by Cameron Kilfoy/Postmedia Newfoundland and Labrador has for decades lacked the capital, transmission access and bargaining power needed to fully … Read more

AtkinsRealis Gains on Canada’s Expanded Nuclear Strategy

June 23, 2026 by EnergyNow Media

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‘We will ensure Candu is a viable technology for the different provinces to choose from going forward’ said Tim Hodgson By Stephanie Hughes and Mathieu Dion The policy document includes a commitment to modernizing the design of Candu reactor technology, which the Canadian government owns and to which AtkinsRealis is the exclusive licensee. Photo by … Read more

Canadian Energy = Canadian Prosperity: How Growing Oil and Gas Production Can Benefit Every Province and Every Canadian

June 24, 2026June 23, 2026 by EnergyNow Media

For decades, Canada’s oil and natural gas industry has been one of the country’s most important economic engines. While energy development is often viewed through a regional lens, the reality is that the benefits extend far beyond Alberta, Saskatchewan, British Columbia, and Newfoundland and Labrador. From manufacturing plants in Ontario and engineering firms in Quebec … Read more

LNG CANADA: Looking at the Investment Landscape

June 23, 2026June 23, 2026 by EnergyNow Media

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If you’re a public sector worker planning for retirement, say thanks to Canadian LNG By Stewart Muir Shell is exploring the sale of its 40% operating stake in LNG Canada, attracting competitive interest from Apollo, Blackstone, and KKR. Canadian pension funds are natural buyers for an asset that generates contracted revenue over decades. This analysis examines … Read more

FEATURE INTERVIEW: The Fuel Canada Forgets

June 23, 2026June 23, 2026 by EnergyNow Media

Chris Prokop knows propane still makes many Canadians think of barbecue tanks and camping stoves. He hears it at home, too. His children joke that their father, an AltaGas executive, sells the small bottles that power Coleman stoves. But for Prokop, that familiar image hides a much larger story. “Propane, like anything, is energy. And … Read more

Oil Steady as Investors Focus on Hormuz Flows After Peace Talks

June 23, 2026June 23, 2026 by EnergyNow Media

Summary US waives Iran sanctions, Trump says he will ‘do what I have to’ if Tehran misbehaves Tanker traffic through Hormuz picks up after slower flows due to crossing concerns (Reuters) – Oil prices were little changed on Tuesday as investors watched crude ‌flows through the Strait of Hormuz following progress in U.S.-Iran peace talks. … Read more

Alberta in Talks With Japan on Boosting Canadian Crude Imports

June 23, 2026June 23, 2026 by EnergyNow Media

(Reuters) – The government of Alberta, Canada’s main oil-producing province, is in talks to export more crude oil to Japan and reduce that country’s reliance on the Middle East, the province’s Energy Minister Brian Jean said in an interview on Monday. Alberta has offered to help fund the construction of a coker unit that … Read more

Iran War Triggers Global Race to Build Oil Reserves: Bousso

June 22, 2026 by EnergyNow Media

(Reuters) – Vulnerable countries that paid a high economic price during the Iran war are seeking to build domestic oil and gas storage buffers against future shocks, a drive that could bring roughly half a billion barrels of additional demand down the pike. While the near-total closure of the Strait of Hormuz cut off a … Read more

US Authorizes Iranian Oil Sales Amid Talks on Final Peace Deal

June 22, 2026 by EnergyNow Media

(Reuters) – The United States authorized Iranian oil sales on Monday, easing decades-old sanctions as it pushes toward a final peace deal with Tehran in return for commitments on nuclear inspections and free transit through the Strait of Hormuz. The general license, announced by the Treasury Department, allows the sale of crude oil and petrochemical … Read more

Keyera Announces Closing of $1.0 Billion Senior Notes and $604 Million Bought-Deal Equity Offerings and Exercise of Over-Allotment Option

June 22, 2026 by EnergyNow Media

/Not for distribution to U.S. newswire services or for dissemination in the United States./ CALGARY, AB, June 22, 2026 /CNW/ – Keyera Corp. (“Keyera” or the “Company”) (TSX: KEY) today announced that it has completed its previously announced offering (the “Note Offering”) of $1.0 billion aggregate principal amount of senior unsecured notes (the “Notes”) and bought deal public offering … Read more

TSX Rises Nearly 150 Points as Oil Prices Fall, U.S. Markets Post Mixed Results

June 23, 2026June 22, 2026 by The Canadian Press

Canada’s main stock index rose on Monday, as U.S. markets posted mixed results and oil prices fell.
Michael Currie, senior investment adviser at TD Wealth, said the U.S.-Iran negotiations continued to be a focus for the market, which is a big driver …

Asia Has Plenty of Crude Oil, But Refined Fuels Remain Tight: Russell

June 22, 2026 by EnergyNow Media

(Reuters) – Asia’s imports of crude oil are on track to return to pre-Iran conflict levels, but flows of refined products are still constrained and fuel prices reflect the supply stresses. The world’s top energy-consuming region is expected to import about 22.18 million barrels per day (bpd) of crude in June, up from 20.35 million … Read more

Talks Between Iran and US Concluded Successfully, Pakistan PM Says

June 22, 2026 by EnergyNow Media

(Reuters) – Talks between Iran and the U.S. have concluded successfully in Switzerland, Pakistani Prime Minister Shehbaz Sharif said on Monday. “The discussions were held in a positive and constructive atmosphere and yielded encouraging progress, including agreement on a roadmap toward a final deal within 60 days, the establishment of a high-level committee to provide … Read more

Oil Falls After US-Iran Talks Signal Easing Supply Risks

June 22, 2026 by EnergyNow Media

Summary US, Iran conclude high-level talks in Switzerland, mediators say Iran has secured waivers for oil, petchem exports, foreign minister says Brent rose earlier after bumpy start to talks (Reuters) – Global oil prices fell on Monday after U.S.-Iran talks concluded in Switzerland with Tehran saying it had secured waivers for ‌oil and petrochemical exports, … Read more

Shipping Slows After Iran Says it Has Again Shut the Strait of Hormuz

June 22, 2026 by EnergyNow Media

The number of ships that passed through the Strait of Hormuz fell sharply on Sunday after Iran announced it had again closed the waterway, citing Israeli and U.S. violations of the interim peace deal, shipping data showed. Five vessels passed the strait on Sunday, from 26 ships spotted a day earlier, data from analytics … Read more

Suncor’s Fort McMurray Hiring Push Shouldn’t Affect Newfoundland Turnaround Workers

June 22, 2026 by EnergyNow Media

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Leaked documents show Suncor wants some contractors’ employees at Syncrude and base plant sites to be located permanently in Fort McMurray By Gary Kean • The Telegram Suncor Energy Inc.’s plan to enhance local workforce participation in Alberta is not expected to significantly impact employees — like the thousands in Newfoundland and Labrador — who do turnaround work for the company in … Read more

Fixed Gas Detection in Canadian Energy Facilities: 5 Blind Spots That Can Create Risk

June 22, 2026June 22, 2026 by EnergyNow Media

Methane is getting a lot of attention across Canada’s oil and gas sector, and for good reason. Leak detection, emissions reduction, venting, flaring and repair programs are all part of the larger conversation around how Canadian operators manage risk, meet regulatory expectations and improve environmental performance. Canada has also introduced regulations targeting methane emissions from … Read more

QUESTION: Will More Government Royalty Incentives be Needed to Support Greenfield Oil Sands Projects for Expanded Pipeline Egress? – Lennie Kaplan

June 22, 2026June 22, 2026 by EnergyNow Media

by Lennie Kaplan Showing demonstrated oil sands supply to support expanded pipeline egress will be critical to the credibility of the Alberta government’s upcoming submission to the Major Projects Office (MPO) on the proposed West Coast Oil Pipeline (WCOP). This includes a realistic identification of oil sands producers who have commercially viable projects, including … Read more

When It Comes to the G7, Canada is Already on the Outside Looking In

June 23, 2026June 21, 2026 by EnergyNow Media

By EnergyNow Editorial Team For decades, Canada’s place at the G7 table has symbolized its status as one of the world’s leading industrialized democracies. Yet a growing number of economists and policy analysts are asking a difficult question: if the G7 were created today, would Canada still receive an invitation? That question was recently raised … Read more

Korean Conglomerate Backs Prince Rupert LNG Proposal

June 22, 2026June 21, 2026 by EnergyNow Media

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Energy multiplex would produce LNG, hydrogen and electricity By Nelson Bennett South Korean conglomerate Hanwha is prepared to throw billions of dollars around Canada, it seems, in order to secure an $80 billion-plus submarine building contract with the Canadian government. One of its proposed investments in Canada is Kanata Clean’s $22 billion floating LNG terminal in … Read more

Oil Suffers 8% Weekly Loss as Traders Weigh US-Iran Truce Outlook

June 20, 2026 by EnergyNow Media

Summary U.S.-Iran talks delayed after digital memorandum reduced urgency, Iran’s Foreign Ministry said At least four tankers entered Hormuz on Friday, MarineTraffic data showed Analysts expect deal to release more than 85 million barrels into global markets CALGARY, Alberta, June 19 (Reuters) – Brent crude ticked higher on Friday, but stayed set for a weekly … Read more

Iran Closes Strait of Hormuz Again and Says its Negotiating Team With U.S. is Heading to Switzerland

June 20, 2026 by EnergyNow Media

The Associated Press Iran has closed the Strait of Hormuz after Israel’s continued attacks in Lebanon. DUBAI, United Arab Emirates — Iran dealt two quick blows to the interim agreement with the United States on Saturday, angered by Israel’s continued attacks in Lebanon, saying it had closed the Strait of Hormuz again and announcing … Read more

Oil Shipments Rise in Hormuz Although Questions Grow Over Iran’s Transit Terms

June 20, 2026 by EnergyNow Media

Oil shipments through the Strait of Hormuz picked up on Friday after the United States and Iran signed a ceasefire deal, with Gulf producers preparing to raise exports despite concerns over conditions set by Tehran for using the vital waterway. Washington and Tehran released the text of an interim agreement signed on Wednesday to … Read more

Energy Prices Expected to Push Inflation Higher for May, Economists Say

June 20, 2026June 20, 2026 by The Canadian Press

High oil and gasoline prices are expected to push inflation higher when Statistics Canada reports its consumer price index for May on Monday.
But the devil will be in the details as economists look for any signs that the cost at the gas pump is causin…

Supported Take-Over Bid of Burgess Creek Exploration Inc. Deposit Period News Release

June 19, 2026 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – June 19, 2026) – Burgess Creek Exploration Inc. (“Burgess Creek” or the “Company“) is pleased to announce that Saturn Oil & Gas Inc. (TSX: SOIL) (OTCQX: OILSF) (“Saturn“) has formally commenced an offer to acquire all of the issued and outstanding common shares in the capital of Burgess Creek (the “Common Shares“), including securities convertible … Read more

Iran Says it Will Waive Fees for Hormuz During 60 Day Negotiation Period

June 19, 2026 by EnergyNow Media

Iran’s Strait of Hormuz body said on Friday it would waive planned fees to use the strait during a 60-day negotiation period under the memorandum of understanding signed with the United States this week. Ships seeking passage through the strait while the interim agreement is in force must submit transit requests at least 48 … Read more

US Energy Firms Add Rigs for Eighth Time in Nine Weeks, says Baker Hughes

June 19, 2026 by EnergyNow Media

U.S. energy firms this week added rigs for the eighth time in nine weeks, energy services firm Baker Hughes said in its closely followed report on Thursday. The total oil and gas rig count, an early indicator of future output, rose by one to 563 in the week to June 18, its highest since … Read more

CANADIAN REALITY: You’d Pay Higher Taxes Without Albertans’ Outsized Contribution to Federal Finances – Fraser Institute

June 19, 2026June 19, 2026 by EnergyNow Media

By: Tegan Hill and Nathaniel Li Albertans will face a referendum this fall asking them if they want to begin the process to formally separate from Canada. The Smith government recently warned that separation could come with big costs for Albertans—but what about the rest of Canada? Let’s start with how we got here. Albertans have a … Read more

COMMENTARY: Mark Carney’s Rhetoric Doesn’t Match Reality: McTEAGUE

June 19, 2026June 19, 2026 by EnergyNow Media

The time is now for prime minister to table real regulatory reform and make good on his promise to build. This Article and More From Dan McTeague Here Prime Minister Mark Carney campaigned on a promise to build things faster than anything Canada has seen in generations. His major projects office was supposed to be the … Read more

Portfolio Manager Eric Nuttall Bullish on Oil Even with Eventual Reopening of Strait of Hormuz

June 19, 2026June 19, 2026 by The Canadian Press

A senior portfolio manager at Ninepoint Partners is expecting an US$80 floor price for oil even after the eventual reopening of the Strait of Hormuz.
Eric Nuttall says in his firm’s mid-year outlook report that global inventories will have to be rest…

US Eases Environmental Reviews for Natural Gas Projects

June 19, 2026June 19, 2026 by EnergyNow Media

A top US energy regulator voted to ease environmental requirements for pipelines and other natural gas projects, saying they’re not needed after a recent Supreme Court ruling. The five-member Federal Energy Regulatory Commission moved on Thursday to no longer require an analysis of cumulative impacts, part of the decades-old National Environmental Policy Act. That policy requires an examination … Read more

OPEC Sees No Peak Oil Demand as Energy Security Beats Climate

June 19, 2026 by EnergyNow Media

OPEC Sees No Peak Oil Demand as Energy Security Beats Climate OPEC forecasts “robust growth” in global oil demand, with demand projected to rise to 113.3 million barrels a day in 2030 and 124.1 million barrels a day by 2050. The largest increments of oil demand growth will come from Asia, the Middle East, … Read more

Citi Sees Oil Prices Trending Lower to $60 to $65 Per Barrel by First Quarter of 2027

June 19, 2026 by EnergyNow Media

Reuters Citi said on Thursday it expects oil prices to trend lower over the next six to 12 months, to $60 to $65 per barrel by the first quarter of 2027 as flows through the Strait of Hormuz normalize following the signing of a U.S.-Iran MoU to end their conflict. Oil tankers sailed through the … Read more

Why Restoring Normal Traffic Through Hormuz Won’t Be Easy

June 19, 2026 by EnergyNow Media

Alaric Nightingale and Paul Burkhardt The US and Iran have committed to reopening the Strait of Hormuz, the world’s most important artery for shipping oil and natural gas, which has been largely blocked since the two countries went to war in February. However, returning traffic in the strait to prewar levels — if that day ever comes — … Read more

MILESTONE: LNG Canada Ships 100th LNG Cargo, Marking Major Milestone in Canada’s Emergence as a Global Energy Exporter

June 19, 2026June 19, 2026 by EnergyNow Media

by EnergyNow Editorial Staff LNG Canada has reached another historic milestone, announcing the shipment of its 100th liquefied natural gas (LNG) cargo from its export terminal in Kitimat, British Columbia. The achievement comes less than one year after the facility loaded Canada’s first-ever large-scale LNG export cargo, underscoring the rapid and successful ramp-up of what … Read more

Final Decision on Bay du Nord Set for Early 2027 as Estimated Oil Reserves Grow

June 19, 2026June 19, 2026 by The Canadian Press

Equinor will decide in early 2027 whether it will proceed with its proposed Bay du Nord oil project off the east coast of Newfoundland, a company executive told investors this week.
Bay du Nord is expected to create “significant value and longevity” f…

Keyera Corp. Announces $1.0 Billion Senior Unsecured Notes Offering

June 18, 2026 by EnergyNow Media

/NOT FOR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAWS./ CALGARY, AB, June 18, 2026 /CNW/ – Keyera Corp. (TSX: KEY) (“Keyera”) announced today that it has agreed to issue $1.0 billion aggregate principal amount of senior unsecured notes (the “Offering”) consisting of $400 million of 3.942% … Read more

TSX Falls More Than 150 Points Amid Weaker Energy Stocks, U.S. Markets Rise

June 18, 2026June 18, 2026 by The Canadian Press

Canadian and U.S. markets moved in opposite directions Thursday as commodity prices weighed on materials and energy stocks.
Brianne Gardner, senior wealth manager of Velocity Investment Partners at Raymond James Ltd., said weakness in the TSX basic m…

CANADA’S OIL SANDS EMERGE: Lower Costs See Oil Sands Emerge as One of North America’s Most Attractive Plays

June 19, 2026June 18, 2026 by EnergyNow Media

Analysts call for more pipeline capacity amid tightening global heavy oil market By Will Gibson Alberta’s oil sands have emerged as one of North America’s most attractive oil plays as costs rise in competing basins like the Permian in Texas, according to a recent report. The oil sands hold 177 billion barrels of proved reserves, making it the … Read more

Ukraine Brings the War to Moscow as Huge Blasts Shakes Refinery

June 18, 2026 by EnergyNow Media

The blast was so powerful that the huge disc-shaped lid of an oil storage tank was launched into the sky over Moscow like a frisbee. Evading Russian air defences, Ukrainian drones struck an oil refinery in southeast Moscow on Thursday for the second time in three days, igniting a fierce blaze that spewed out clouds … Read more

Gulf Exporters’ Quest to Bypass Hormuz Will Reshape the Region: Bousso

June 18, 2026 by EnergyNow Media

Middle East oil producers face a reckoning. The Iran war exposed the dangers of relying on a single chokepoint for vital oil and gas exports, leaving Gulf governments with a clear strategic imperative: diversify – at all costs. An Iranian blockade of the Strait of Hormuz had long been viewed as a “Doomsday” event that … Read more

Keyera Buys Remaining 50% Stake in KAPS Pipeline for C$1.215 Billion

June 18, 2026 by EnergyNow Media

Canada’s Keyera Corp said on Wednesday it has acquired the remaining 50% stake in the KAPS natural gas liquids pipeline from Stonepeak for C$1.215 billion ($860.97 million), taking full ownership of the system. The company expects about C$100 million in incremental growth capital in 2026, above its previously disclosed outlook of C$550 million to C$625 million, … Read more

Oil Falls to Lowest Since Start of Iran War After Ceasefire Deal Signed

June 18, 2026 by EnergyNow Media

Summary Brent, WTI back to early-March levels US-Iran 14-point agreement extends April ceasefire for 60 days Market fundamentals expected to remain tight Ukraine hits Moscow refinery in major attack on Russian capital (Reuters) – Oil prices fell more than 1% on Thursday to ‌their lowest since the first trading day of the Iran war, … Read more

Hormuz Reopening to Release Wave of Oil Supply, Depress Prices

June 18, 2026 by EnergyNow Media

Summary Hormuz reopening to free millions of barrels of stranded non-Iranian oil Asian refiners already secured supplies for June to August Weak refining margins to weigh on fresh purchases (Reuters) – Middle Eastern crude oil prices are likely to fall if the Strait of Hormuz reopens on Friday following the U.S.-Iran interim deal, releasing … Read more

New Poll Finds Strong Majority of British Columbians Support LNG Projects, Energy Development and Exports

June 18, 2026June 18, 2026 by EnergyNow Media

June 17, 2026 2:03 PM EDT | Source: Canada Action Calgary, Alberta–(Newsfile Corp. – June 17, 2026) – A new poll conducted by Nanos on behalf of Canada Action finds widespread support among British Columbians for LNG development, expanded energy infrastructure and increased natural gas exports.The survey found that a strong majority of British Columbians (87%) support building … Read more

COMMENTARY: BC’s Site C Hydro Project Was Not a White Elephant and Neither is More Hydro and Natural Gas Projects – Stewart Muir

June 18, 2026 by EnergyNow Media

Site E, Homalco, and the Question B.C. Cannot Avoid. By Stewart Muir On June 15, 2026, Energy Minister Adrian Dix confirmed that British Columbia is seriously reconsidering two large hydroelectric projects prohibited since 2010: Site E on the Peace River (750 MW) and a dam on the Homathko River near Bute Inlet (900 MW). The … Read more

RBC CEO Sees Pipeline News Soon in ‘Risk On’ Investment Climate But Canada Needs to Move Fast to Secure Capital

June 18, 2026June 18, 2026 by EnergyNow Media

McKay has argued that Canada needs to move away from a cautious, risk-averse culture to a pro-growth mindset Bloomberg News Royal Bank of Canada chief executive Dave McKay said he expects announcements related to major Canadian energy projects in the “coming weeks” while warning that the country needs to move fast to secure capital. “I think you’ll see … Read more

Canada’s Energy Supply ‘Potential’ Gets G7 Backing in Push for Global Pivot

June 18, 2026June 18, 2026 by EnergyNow Media

Canada and its “potential” to boost global energy supplies got a shoutout in the G7’s joint statement on geopolitical issues Wednesday, after a summit seized with finding solutions to the fallout from the Iran war. The mention was included in a section on the Middle East, which touched on international efforts to reduce reliance on the … Read more

NEW EPISODE #6 – WATCH: 3 MINUTE HISTORY CANADA – Diefenbaker & Ike’s Diplomatic Oil Win

June 19, 2026June 18, 2026 by EnergyNow Media

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3 Minute History Canada delivers another high-stakes diplomatic thriller. This week’s episode uncovers how Prime Minister John Diefenbaker and President Dwight Eisenhower turned a fishing-trip friendship into a 1959 victory: Canada’s effective exemption from the U.S. Mandatory Oil Import Program. Ambassadors Heeney and Merchant ran a full-court press in Washington, keeping Alberta oil flowing … Read more

B.C. Energy Minister Dix Announces Upgrades to Multiple Hydro Dams

June 18, 2026June 17, 2026 by The Canadian Press

The B.C. government has launched an upgrade on the provincial hydro system in an effort to increase the power supply by another seven per cent.
Energy Minister Adrian Dix announced the improvements on Wednesday, two days after saying the government wa…

Freehold Royalties Announces Appointment of Chief Financial Officer

June 17, 2026 by EnergyNow Media

CALGARY, Alberta, June 17, 2026 (GLOBE NEWSWIRE) — Freehold Royalties Ltd. (Freehold) (TSX: FRU) is pleased to announce the appointment of Brad Monaco as its Chief Financial Officer, effective June 22, 2026. Brad has extensive energy experience spanning finance, strategy, capital markets and operations. Most recently, he served as Chief Financial Officer of Parkland Corporation. Prior to … Read more

Keyera Announces $525 Million Bought-Deal Offering of Common Shares

June 17, 2026 by EnergyNow Media

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ The base shelf prospectus is accessible, and the prospectus supplement will be accessible, within two business days on SEDAR+ CALGARY, AB, June 17, 2026 /CNW/ – Keyera Corp. (“Keyera” or the “Company”) (TSX: KEY) today announced that it has entered into an agreement with a … Read more

Keyera Announces Acquisition of Remaining 50% Interest in KAPS

June 17, 2026 by EnergyNow Media

On strategy transaction generates strong free cash flow1 and is accretive to distributable cash flow per share1 Accelerates fee-based adjusted EBITDA per share1 growth outlook Enhances quality and durability of growing cash flow well into the next decade Preserves strength and flexibility of balance sheet CALGARY, AB, June 17, 2026 /CNW/ – Keyera Corp. (TSX: KEY) (“Keyera” or the “company”) today … Read more

Canadian and U.S. Stock Markets Fall on Fears of Rate hike by U.S. Fed

June 18, 2026June 17, 2026 by The Canadian Press

Canadian and U.S. stock markets finished in negative territory on Wednesday amid fears of higher U.S. interest rates.
“You’ve got markets recalibrating after the Federal Reserve decision,” said Anish Chopra, managing director with Portfolio Management…

US Shale Stays in the Money Despite Oil Price Drop

June 17, 2026 by EnergyNow Media

Long-dated prices still support drilling as buyers seek alternatives to Middle East barrels. Just over a month ago, shale heavyweight Diamondback Energy Inc. announced the “light has turned green” for US production growth. With oil trading for more than $100 a barrel at that point as the war in Iran strangled supplies, crude buyers were looking to … Read more

Alberta’s Smith to Announce Government Action to Help Combat High Cost of Living

June 17, 2026June 17, 2026 by The Canadian Press

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Premier Danielle Smith is expected to announce later today a new measure to help Albertans weather the high cost of living.
It comes after the U.S.-Iran military conflict choked global energy supply chains and sent prices at the gas pump soaring, whic…

US Crude and Gasoline Inventories Fell Last week, Distilltes Rose, EIA Says

June 17, 2026 by EnergyNow Media

U.S. crude oil and gasoline stockpiles fell last week, while distillate inventories rose, the U.S. Energy Information Administration said on Wednesday. Crude inventories fell by 8.3 million barrels to 418.2 million barrels in the week to June 12, the EIA said, compared with analysts’ expectations in a Reuters poll for a 4.6 million-barrel draw. … Read more

UAE’s Post‑OPEC Expansion Push to Lift Oil Output Above 5 million Bpd Next year, IEA Says

June 17, 2026 by EnergyNow Media

The United Arab Emirates’ oil output could exceed 5 million bpd next year as it moves to expand production after its exit from OPEC, making it a major driver of non-OPEC+ supply growth, the International Energy Agency said on Wednesday, The UAE said its decision to leave OPEC, announced earlier this year, was aimed … Read more

CPP Investments to Invest $740 million in India’s CtrlS Datacenters

June 17, 2026 by EnergyNow Media

Canada Pension Plan Investment Board (CPP Investments) said on Wednesday that it would partner with India’s CtrlS Datacenters by investing 70 billion rupees ($740.54 million) in the company and related projects. Here are some key details: * CPP Investments said the partnership would support CtrlS’s expansion in India’s digital infrastructure market and help the company … Read more

Jet Fuel Market Rebalances on Higher Production, Imports, IEA Says

June 17, 2026 by EnergyNow Media

Jet fuel market rebalances on higher production, imports, IEA says (Reuters) – Higher production at refineries and increased exports have helped ease concerns over a significant shortfall in the jet fuel market, the International Energy Agency said in its monthly ‌report on Wednesday. “Concerns over jet fuel supply shortfalls ahead of the peak summer travel … Read more

IEA Sees Significant 2027 Oil Surplus After Hormuz Recovery

June 17, 2026 by EnergyNow Media

Summary Supply growth to outpace demand growth in 2027, IEA says Will offer chance to replenish depleted global inventories Gulf oil flows about 12 million bpd in early June (Reuters) – The oil market will move into a significant supply surplus in 2027 after recovering from the closure of the Strait of Hormuz, the International … Read more

Oil Prices Steady as Investors Weigh Peace Deal, IEA Glut Forecasts

June 17, 2026 by EnergyNow Media

Summary Prices at three-month lows, but above pre-war levels Some analysts expect Hormuz flows to resume in several weeks U.S. is using an Iranian smuggling tactic to sneak oil out of the Gulf June 16 (Reuters) – Oil prices fell more than 2% on Tuesday to a fresh three-month low as markets weighed prospects for … Read more

Developing World Won’t Completely Entrust Energy Security to the US, Says Cheniere Energy’s CFO

June 17, 2026 by EnergyNow Media

Cheniere Energy does not expect developing countries to rely solely on the U.S. for their energy security, its Chief Financial Officer, Zach Davis, said on Tuesday. “I don’t see many countries in the developing world, especially at this moment in time, trusting 100% of their energy security to the U.S.,” Davis told an engineering, … Read more

Why a Newfoundland Company is Offering to Stockpile Canadian Oil

June 17, 2026 by EnergyNow Media

As a net producer, Canada is the only G7 country that does not have a national strategic oil reserve, but should it? By Gary Kean • The Telegram A conception of what the Fischells Salt Dome energy project being pursued by Triple Point Resources in western Newfoundland might look like. Triple Point Resources Ltd. Canada is one of the … Read more

Hanwha Ocean Signs Strategic Memorandum of Understanding with Kanata Clean Power for Proposed Floating LNG Project in Canada

June 17, 2026June 17, 2026 by EnergyNow Media

Strategic partnership contemplates collaboration on engineering, construction, operations, investment and LNG offtake for proposed 12 MTPA export facility at Prince Rupert, British Columbia SEOUL, South Korea, and VANCOUVER, BC, June 16, 2026 /CNW/ – Hanwha Ocean Co., Ltd. (“Hanwha Ocean”) today announced that it has entered into a non-binding Memorandum of Understanding (“MOU”) with Kanata Clean … Read more

Canada Opens First Oilsands Site Greenlit Since 2013 – IPC Produced Oil From the Initial Phase of its US$855 Million Blackrod Site

June 17, 2026June 17, 2026 by EnergyNow Media

IPC produced oil from the initial phase of its US$855 million Blackrod site Bloomberg News International Petroleum Corp. produced oil from the initial phase of its US$855 million Blackrod site, which was Canada’s first new Alberta oilsands project greenlit in more than a decade when it moved ahead in 2023. Oil production started on May 31 … Read more

B.C. Eyes New Hydro Megadams to Meet Soaring Power Demands

June 16, 2026 by EnergyNow Media

Province wants to increase electricity supplies by 50% by 2050 By This Article and More by Derrick Penner Here B.C. Hydro will consider building new hydroelectric megadams on the Peace River and on the province’s Central Coast as part of the long-term plan to increase electricity supplies by 50 per cent by 2050, Energy Minister Adrian … Read more

TSX Rises to New Highs Amid Mixed U.S. Markets and Oil Dipping Below US$80

June 16, 2026June 16, 2026 by The Canadian Press

Canada’s main stock index drove further into record territory on Tuesday, while U.S. markets were mixed and oil prices fell below US$80.
Optimism continued that a tentative U.S.-Iran deal on their war will reopen the Strait of Hormuz at the end of th…

Journey Announces Expansion to 2026 Capital Program, Increased Duvernay Drilling, and Provides Updated 2026 Production Guidance

June 16, 2026 by EnergyNow Media

June 16, 2026 4:05 PM EDT | Source: Journey Energy Inc. Calgary, Alberta–(Newsfile Corp. – June 16, 2026) – Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) (“Journey” or the “Company“) is pleased to announce it has expanded its 2026 capital program and now anticipates participating in 16 gross (4.2 net) Duvernay wells and associated infrastructure. DUVERNAY … Read more

Iran Deal Includes $300 Billion Fund, More Than Half of Which Already Committed, Source Says

June 16, 2026 by EnergyNow Media

Reuters A $300 billion private fund designed to trigger investment into Iran is outlined in the U.S.-Iran framework agreement and more than half that sum has already been committed, a source with direct knowledge of the deal told Reuters. The fund is designed to give both sides an economic incentive to conclude a final deal, … Read more

Morgan Stanley Lowers Brent Oil Price Forecasts After US-Iran Peace Deal

June 16, 2026 by EnergyNow Media

Morgan Stanley has lowered its Brent crude oil price forecast for the fourth quarter of this year by $15 per barrel to $80, after the U.S. and Iran signed a preliminary agreement to end the war in the Gulf. “From here, it likely takes several weeks for tanker flow to be restored; we see 50% … Read more

TACO CONFIRMED: Oil Markets Bet Trump Would Chicken Out on Iran. They Won: Bousso

June 16, 2026 by EnergyNow Media

Never bet against Donald Trump? The oil market appears to have made a risky wager from day one of the Iran war: The U.S. president would not allow the conflict to spiral into a full-blown economic crisis. So traders wouldn’t price one in, no matter what was happening with physical supplies. It was a risky … Read more

GOING DEEPER: Understanding the U.S. Strategic Petroleum Reserve (SPR) – How It Works & More

June 16, 2026June 16, 2026 by EnergyNow Media

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By EnergyNow Editorial Staff The U.S. Strategic Petroleum Reserve (SPR) is the world’s largest government-owned emergency crude oil stockpile. It was created after the 1973 Arab oil embargo to protect the United States from severe oil supply disruptions caused by wars, natural disasters, geopolitical crises, or major market shocks. The reserve is managed by the … Read more

Spot Oil Premiums Slip to Pre-War Levels After US-Iran Deal, But Shipping Angst Provides Floor

June 16, 2026 by EnergyNow Media

Summary Dubai crude benchmark’s premium slips back to pre-war levels Naphtha goes into contango, diesel and fuel oil backwardation narrows Margins for transport fuels retain strength on low stocks SINGAPORE, June 16 (Reuters) – Spot premiums for crude and some refined products in Asia have fallen back to pre-war levels following a U.S.-Iran deal to … Read more

Discount on Western Canada Select Widens

June 16, 2026 by EnergyNow Media

The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures widened on Monday. WCS for July delivery in Hardisty, Alberta, settled at $11.40 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, compared to $11.15 a barrel on Friday. * WCS is ending its monthly trading cycle … Read more

COMMENTARY: Is the Iran War Just an Energy Shock – or a Turning Point?: Russell

June 16, 2026 by EnergyNow Media

Reuters The Iran war’s disruption to global crude oil and LNG markets is already being measured in lost barrels and higher prices. Now, with a U.S.-Iran peace deal expected to reopen the Strait of Hormuz, the reckoning begins: was this a watershed moment, or merely another blip? Consider two precedents. The Volkswagen “Dieselgate” scandal over … Read more

Tamarack Valley Energy Ltd. Closes Previously Announced Sale of Charlie Lake Assets

June 16, 2026 by EnergyNow Media

CALGARY, AB, June 16, 2026 /CNW/ – Tamarack Valley Energy Ltd. has successfully closed the previously announced sale of its Charlie Lake assets for cash consideration of $804.0 million, before closing adjustments (the “Transaction”). Following the prompt receipt of regulatory approvals, Tamarack and the counterparty completed the Transaction two weeks ahead of expectations. The Transaction has eliminated Tamarack’s net … Read more

Oil Drops Over 2% to 3-Month Low as Markets Weigh US-Iran Peace Deal

June 16, 2026 by EnergyNow Media

Scouring the Strait of Hormuz for Mines Could Take Weeks

June 16, 2026June 16, 2026 by EnergyNow Media

Ensuring the Strait of Hormuz is safe from mines could delay a return to normal shipping traffic by weeks following a deal to reopen the waterway, shipping and maritime security sources say. The operation by conventional minesweepers and state-of-the-art underwater drones could continue for 40 to 50 days before many insurance, shipping or oil … Read more

THE PROJECTED OIL SANDS SECTOR DAMAGE: Carney-Smith MOU Implementation Projected to Knock $28 Billion Off Alberta’s Oil Sands Sector Net Present Value – Lennie Kaplan

June 16, 2026June 16, 2026 by EnergyNow Media

By Lennie Kaplan Based on some new modeling, I project that the Carney-Smith MOU Implementation Agreement (IA) will knock approximately $28 billion off the net present value (NPV) of oil sands projects between 2027 and 2040. Net present value (NPV) is defined as “the cumulative value of all future cash flows (incomes, capital expenditures, … Read more

Citi Cuts Brent Forecasts as U.S.-Iran MoU Points to Strait of Hormuz Flow Normalization

June 16, 2026June 16, 2026 by EnergyNow Media

Citi on Monday cut its average Brent crude forecasts to $75 and $70 per barrel for the third and fourth quarters of 2026, respectively, citing expectations that the Strait of Hormuz trade flows will resume and normalize after the U.S. and Iran approved a memorandum of understanding to end the war in the Gulf. … Read more

BEYOND THE BARREL: The Other Supply Shocks Brought on by the Iran War – ATB

June 16, 2026June 16, 2026 by EnergyNow Media

The tentative memorandum of understanding reached over the weekend between the U.S. and Iran establishes an immediate 60-day ceasefire, the lifting of the U.S. naval blockade, and a framework to reopen the Strait of Hormuz toll-free. But while global markets can breathe a sigh of relief ahead of the formal signing in Switzerland this Friday, … Read more

TIM HODGSON: A Divided Canada Cannot Build What the World Needs

June 16, 2026June 16, 2026 by EnergyNow Media

In this time of global uncertainty, the countries that succeed will not be the ones that fight amongst themselves. They will be the ones that build By Tim Hodgson, Originally a Special to the Financial Post Here That is why, as your Minister of Energy and Natural Resources, I have come to see my role in … Read more

NOT MUCH TO IT: MOU is a ‘Very General Document’, Vance Says on CNN

June 15, 2026 by EnergyNow Media

Vice President JD Vance on Monday said the U.S.’ memorandum of understanding with Iran was “a very general document” with specifics of the deal to be worked out during further negotiations. “The MOU…is about a page and half so it is a very general document,” Vance said on CNN’s The Lead with Jake Tapper. … Read more

Discount on Western Canada Select Widens

June 15, 2026 by EnergyNow Media

U.S. Oil Reserve Hits 43-Year Low as Trump Aims to Tame Prices

June 15, 2026 by EnergyNow Media

The U.S.’s emergency oil reserve was already significantly depleted when Trump took office 16 months ago Bloomberg News The United States’s emergency supply of crude oil has fallen to its lowest level since 1983 as the Trump administration moves toward completing its plan to release 172 million barrels to ease surging fuel prices spurred by the war … Read more

Advantage Energy CEO Michael Belenkie Steps Down, Interim Chief Named

June 15, 2026 by EnergyNow Media

Canadian company Advantage Energy said on Monday that Michael Belenkie has stepped down as president, CEO and board director, effective immediately, amid a shareholder push for stricter financial oversight. The Calgary, Alberta-based energy producer appointed Board Chair John Festival as interim CEO while it searches for a permanent successor. Advantage’s board, in February, had concluded that … Read more

SECURE Announces Quarterly Dividend and Timing of 2026 Second Quarter Results

June 15, 2026 by EnergyNow Media

CALGARY, AB, June 15, 2026 /CNW/ – SECURE Waste Infrastructure Corp. (“SECURE” or the “Corporation”) is pleased to announce that its Board of Directors has declared a quarterly dividend of $0.105 per common share payable on or about July 15, 2026, to shareholders of record on July 1, 2026. This dividend is designated as an eligible … Read more

TSX Hits New Record High as Oil Prices Slide After U.S.-Iran Deal

June 15, 2026June 15, 2026 by The Canadian Press

Canadian and U.S. stock markets rallied after the U.S. and Iran reached a tentative deal to extend their ceasefire and reopen the Strait of Hormuz to get the global flow of crude going again.
Allan Small, senior investment adviser at iA Private Wealth…

GENERAL TICKETS NOW ON SALE! – 2026 BIG GUNS STAMPEDE BREAKFAST: THE ENERGY INDUSTRY’S BEST NETWORKING EVENT – Ticket Information Here

June 15, 2026 by EnergyNow Media

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The Energy Industry’s BEST NETWORKING EVENT of Stampede! **Limited General Tickets Available at HERE** Ticket Cost – $42.00 + GST (Does Not Include Third Party Ticket Processing Fees) 2026 Breakfast Details: Date: Tuesday, July 07th, 2026 Time: 7:30 AM to 12:00 PM Location: Wild Horse Saloon (6th & 5th Street S.W. – Next to the … Read more

One LNG Tanker Passes Hormuz After US-Iran agree to Deal, Shippers Stay Cautious

June 15, 2026 by EnergyNow Media

“We expect free passages will have to build over the weeks for the wider shipping community to gain confidence,” said Anoop Singh, Oil Brokerage’s global head of shipping research. “Till such time, physical freight rates will likely remain elevated, and trading will remain slow.”29dk2902l Under unrestricted navigation, the traffic pile-up on either side can be … Read more

Fragile Iran Deal Offers Oil Relief, but Hormuz Risks Remain: Bousso

June 16, 2026June 15, 2026 by EnergyNow Media

The U.S.-Iran deal ending months of fighting and reopening the Strait of Hormuz will prompt a collective sigh of relief from energy exporters and importers alike. But the fragile calm may not prevent future flare-ups, casting doubt over how quickly – or fully – tanker traffic through the vital waterway can return to normal. … Read more

Keyera Provides Business Update and 2029 Growth Outlook Following Completion of Plains’ NGL Acquisition

June 15, 2026 by EnergyNow Media

Establishing industry leading fee-based adjusted EBITDA per share1 growth targets to 2029 Initial $100 million near-term synergy target substantially realized and target increased Expanded Marketing segment is a strategic competitive advantage; providing 2026 Marketing segment realized margin1 guidance Capital allocation priorities unchanged; updating 2026 guidance CALGARY, AB, June 15, 2026 /CNW/ – Keyera Corp. (TSX: KEY) (“Keyera” or the “company”) today announced a pro forma … Read more

Advantage Announces CEO Transition and Appointment of Interim CEO

June 15, 2026 by EnergyNow Media

CALGARY, AB, June 15, 2026 /CNW/ – Advantage Energy Ltd. (“Advantage” or the “Corporation”) today announced that Michael Belenkie has stepped down as President and Chief Executive Officer and as a director of the Corporation, effective today. The Board of Directors (the “Board”) has appointed John Festival as Interim CEO, effective immediately. John Festival, Interim CEO and Chair of … Read more

Statistics Canada Reports Manufacturing Sales up 4.2 Per Cent in April at $77.1B

June 15, 2026June 15, 2026 by The Canadian Press

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Statistics Canada says manufacturing sales rose 4.2 per cent to $77.1 billion in April, as the petroleum and coal product group hit a record high.
Petroleum and coal product sales jumped 22.6 per cent to $11.8 billion, following a 25.5 per cent increa…

EARLY TRADING: US Energy Shares Fall as Iran Deal Lowers Hormuz Disruption Risk

June 15, 2026 by EnergyNow Media

June 15 (Reuters) – U.S. energy shares fell in premarket trading on Monday as crude prices tumbled after Washington and Tehran reached an initial deal that could end the months-long conflict and reopen the vital ‌Strait of Hormuz. The U.S. and Iran will sign a memorandum of understanding in Switzerland on Friday, Pakistan’s prime minister said, after … Read more

Oil Hits 3-Month Low as US, Iran Reach Peace Deal to Reopen Strait of Hormuz

June 16, 2026June 15, 2026 by EnergyNow Media

Summary US, Iran to sign MOU on peace deal on Friday, Pakistan PM says Deal includes reopening of Strait of Hormuz Further talks on final agreement expected in next 60 days LONDON, June 15 (Reuters) – Oil prices slipped to a 3-month low on Monday after U.S. President Donald Trump and Iran’s deputy foreign minister said they … Read more

Improving Pressure Monitoring and Compressor Protection in Biogas Plants

June 15, 2026 by EnergyNow Media

Biogas facilities play an important role in turning organic waste streams, including manure, sludge, and industrial waste, into renewable energy. However, the process depends on more than biological activity inside the digester. Reliable pressure monitoring, equipment protection, and safe system response are critical to keeping operations running efficiently. In biogas applications, methane generation creates pressure … Read more

CANADA’S ENERGY MOMENT: Why Global Capital Wants to Return – and Why Ottawa Must Not Waste the Opportunity

June 16, 2026June 15, 2026 by EnergyNow Media

By EnergyNow Editorial Staff For much of the past decade, international investors viewed Canada’s oil and natural gas sector as a paradox. The country possesses some of the largest petroleum reserves in the world, a highly skilled workforce, strong environmental standards, political stability, and access to growing global energy markets. Yet despite these advantages, billions … Read more

US and Iran Agree to Deal Halting War That Shook Middle East

June 15, 2026June 14, 2026 by EnergyNow Media

President Donald TrumpPhotographer: Shawn Thew/EPA/Bloomberg The US and Iran said they reached an interim agreement to reopen the Strait of Hormuz, halting a war that killed thousands of people and setting the stage for 60 days of negotiations on the fate of the country’s nuclear program. Officials from the two countries will meet in Switzerland … Read more

Oil Slips Over 4% After US, Iran Reach Peace Deal to Reopen Strait of Hormuz – Deal to be Signed Next Friday

June 14, 2026 by EnergyNow Media

SINGAPORE, June 15 (Reuters) – Oil prices slipped in early trading on Monday ‌after U.S. President Donald Trump and Iran’s deputy foreign minister ⁠said they have reached a deal to halt the war and to resume traffic through ‌the ⁠Strait of Hormuz. Brent crude futures fell $3.51, or 4.02%, ⁠to $83.82 by 2203 GMT and … Read more

Alberta Talking With Fortune 500 Firm to Finance Oil Pipeline

June 14, 2026June 14, 2026 by EnergyNow Media

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Alberta plans to propose a general route for the pipeline by July 1 By Iain Boekhoff Alberta’s Minister of Energy and Minerals Brian Jean is recognized in the House of Commons on Parliament Hill in Ottawa on April 29, 2026. Photo by Blair Gable/Postmedia Alberta has held talks with a Fortune 500 company to finance … Read more

New Brunswick Premier Holt Drops Promise of Stricter Carbon Price for Big Polluters

June 19, 2026June 14, 2026 by EnergyNow Media

Original: www.msn.com/en-ca/money/topstories/holt-drops-promise-of-stricter-carbon-price-for-big-polluters/ar-AA25nt6L Premier Susan Holt has officially abandoned her election commitment to make New Brunswick’s largest industrial plants pay more to emit greenhouse gases that contribute to climate change. Holt welcomed news that the federal government is giving all provinces a break on its industrial carbon price standard to match a deal signed with Alberta. … Read more

Iran Says Draft US Deal Includes Oil Sanctions Waiver, Nuclear Limits and Asset Release

June 14, 2026June 14, 2026 by EnergyNow Media

Reuters A senior Iranian official told Reuters a final draft of the memorandum of understanding with the U.S. covered a range of issues, from Tehran’s nuclear work to reopening the Strait of Hormuz and U.S. waivers on oil sanctions, with a final deal to be discussed in the 60 days following agreement by the two … Read more

CANADIAN ENERGY ON THE ROAD TO RECOVERY: Global Energy Show Canada 2026 Signals Renewed Confidence in Canada’s Energy Future

June 15, 2026June 14, 2026 by EnergyNow Media

By Terry Winnitoy – EnergyNow Calgary’s flagship energy event draws more than 38,000 attendees as industry, government and investors align around energy security, investment and growth For three days in June, Calgary once again became the centre of the global energy conversation. Last week Global Energy Show Canada 2026 concluded at the BMO Centre, and … Read more

Environmental Groups Cheer Ontario’s Addition of Battery Storage to Electricity Grid

June 14, 2026June 14, 2026 by The Canadian Press

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Environmental groups are cheering an Ontario government announcement that three battery storage projects will add enough capacity to the electricity system to power 640,000 homes.
The Independent Electricity System Operator had been looking to secure …

YOUNG PROFESSIONALS IN CALGARY: Pints & Politics with Federal MP Greg McLean – June 25th in Calgary: Talk Energy, Meet People, Make Connections – FREE – DETAILS HERE

June 23, 2026June 13, 2026 by EnergyNow Media

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Calling all young professionals working in downtown Calgary! Please join us for an evening of networking and energy conversation conversation with your fellow young professionals and Greg McLean, MP for Calgary Centre and Chair of the Conservative Economic Growth Council. We’ll provide the appetizers and drink tickets. You bring the good conversation. Regardless … Read more

Oil Falls to Lowest Since March on Expected Peace Deal

June 13, 2026 by EnergyNow Media

Summary Brent hits lowest level since early March, WTI at lowest since April Analysts say upside risks remain, seasonal demand could lift prices OPEC lowers 2026 oil demand growth forecast to 970,000 barrels per day, raises 2027 forecast HOUSTON, June 12 (Reuters) – Brent crude prices fell to their lowest levels since early March as … Read more

Discount on Western Canada Select Narrows Again

June 12, 2026 by EnergyNow Media

The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures narrowed by another 50 cents on Friday. WCS for July delivery in Hardisty, Alberta, settled at $11.15 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, compared to $11.65 a barrel on Thursday. * The WCS differential … Read more

Iran Deal Very Close, Signing Possible in Coming Days, US Official Says

June 12, 2026 by EnergyNow Media

(Reuters) – The United States and Iran are not quite at the finish line, but are very close to a deal to resolve their conflict, a senior U.S. official said on Friday, adding that Washington expects to sign an initial deal in the coming days. “The negotiating team has got us in a very good … Read more

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

June 12, 2026 by EnergyNow Media

(Reuters) – U.S. energy firms cut the number of rigs operating for the first time in eight weeks, energy services firm Baker Hughes said in a closely followed report on Friday. The total oil and gas rig count, an early indicator of future output, fell by 1 to 562 in the week to June 12. … Read more

Tired of Chaos, Investors Retreat From Oil Market at Record Pace

June 12, 2026 by EnergyNow Media

(Reuters) – The extreme volatility of global oil prices has drained liquidity from the market this year at the fastest pace on record, as investors have become increasingly wary of committing cash to an asset that has become hostage to U.S. President Donald Trump’s daily social media posts on the Iran war. Liquidity, or how … Read more

Lost Gulf Oil Exports Far Smaller Than Thought, Traders and Shippers Say

June 12, 2026 by EnergyNow Media

(Reuters) – Since the start of the Iran war and Tehran’s announcement that the Strait of Hormuz was “closed”, the market has grappled to put a figure on lost crude supply and to predict the price of oil. Initial calculations were simple: add up all non-Iranian Gulf crude oil exports, some 12 million to 15 … Read more

Trump Says Iran’s Leaked Deal Terms are Untrue

June 12, 2026 by EnergyNow Media

(Reuters) – U.S. President Donald Trump denied on Friday that the United States has made major concessions to Iran and a senior U.S. official called an emerging pact “performance-based” with Tehran getting no frozen assets until its part of the agreement is fulfilled. In a post on his Truth Social platform, Trump said Iran’s leaked … Read more

Ksi Lisims Project One of Two Canadian LNG Projects That Marked Important Milestones This Week

June 12, 2026 by EnergyNow Media

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Ksi Lisims clears more hurdles on the road to FID By Nelson Bennett Two Indigenous-led LNG projects in B.C. ticked boxes and marked milestones this week. On Monday, Samsung Heavy Industries announced it has launched the hull of the FLNG Megúgu for the Haisla’s $5.5 billion Cedar LNG project. It will now begin assembling the topside … Read more

PERSPECTIVE: Size and Proximity of U.S. Economy—Largest in the World—Makes Diversifying Canadian Exports to Other Markets Difficult – Fraser Institute

June 12, 2026June 12, 2026 by EnergyNow Media

By Jock Finlayson and Steven Globerman The Gravity Model and Efforts to Diversify the Markets for Canadian Exports The Gravity Equation of Trade provides important insights into Canada’s export and broader trade dependence on the US market, why this dependence has persisted over time, and the types of policies that might contribute to achieving greater … Read more

NEW EPISODE #5 – WATCH: 3 MINUTE HISTORY CANADA – The Commission That Tamed Energy Politics & Birth of the National Energy Board

June 12, 2026June 12, 2026 by EnergyNow Media

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3 Minute History Canada keeps the momentum rolling! This week’s episode reveals how Henry Borden’s Royal Commission on Energy (1957–1959) cleaned up the chaos of the 1956 pipeline debate and helped depoliticize energy issues. The result? The independent National Energy Board in 1959 and the famous “Borden Line” compromise that split Canada’s oil markets — … Read more

Oil Falls to Near Two-Month Lows as Trump Calls Off Threatened Strikes on Iran

June 12, 2026 by EnergyNow Media

Summary Upside risks remain, seasonal demand could lift prices, analysts say OPEC lowers 2026 oil demand growth forecast to 970,000 bpd, raises 2027 demand growth LONDON, June 12 (Reuters) – Oil prices fell over 3% on Friday to their lowest in nearly two months after U.S. President Donald Trump cancelled new strikes on Iran, reducing ‌fears of … Read more

ARC Resources Ltd. Files Management Information Circular For Arrangement With Shell plc And Provides Board Update

June 12, 2026 by EnergyNow Media

CALGARY, AB, June 12, 2026 /CNW/ – (TSX: ARX) ARC Resources Ltd. (“ARC” or the “Company”) announced today that it has filed its management information circular (the “Information Circular”) and related materials for the upcoming special meeting (the “Meeting”) of the holders (“ARC Shareholders”) of ARC common shares (“ARC Shares”) being held to approve the previously announced plan of … Read more

THE FULL CARNEY COST: $244 Billion in Additional Carbon Costs on the Oil Sands Sector Anticipated Under Carney-Smith Net Zero – Lennie Kaplan

June 12, 2026June 12, 2026 by EnergyNow Media

By Lennie Kaplan Recent comments from Cenovus CEO Jon McKenzie, at the recent Global Energy Show suggesting that the Carney-Smith carbon tax will, in part, make the West Coast Oil Pipeline (WCOP) and the Pathways CCS Project uneconomic and uncompetitive appears to confirm my earlier fears about the impact of the Canada-Alberta MOU Implementation Agreement … Read more

Imperial Oil Penalized $120K for Substantial Wastewater Spill Near Fort McMurray

June 12, 2026June 12, 2026 by The Canadian Press

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Imperial Oil has been penalized $120,000 for a wastewater spill at its Kearl oilsands mine near Fort McMurray, Alta.
Alberta’s energy regulator laid nine charges against the company last year in connection to the 2023 spill, which saw about 5.2 millio…

AltaGas in Talks With More Asian Customers to Supply Fuels From B.C. Terminal: CEO

June 12, 2026June 12, 2026 by The Canadian Press

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The chief executive of AltaGas Ltd. says the company is in talks with customers in India, Vietnam, Taiwan and other Asian markets to supply Canadian propane and butane as it expands its export infrastructure footprint on the West Coast.
Many places i…

COMMENTARY: Here’s the Major Problem With Canada’s New Electric Everything Strategy – Fraser Institute

June 12, 2026June 12, 2026 by EnergyNow Media

By Kenneth P. Green The Carney government recently rolled out Powering Canada Strong: A National Strategy for an Electrified Canadian Economy, a grand strategy for Canada’s power systems. The new strategy, to be positive about things, has a lot of (conceptually) good things in it. The basic premise is that, in the future, Canada will need … Read more

Woodfibre LNG Head Says Global Buyers Recognizing Canada as Stable Supplier

June 12, 2026June 12, 2026 by The Canadian Press

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The CEO of the under-construction Woodfibre LNG project in British Columbia says Ottawa’s push to market Canada as a reliable energy supplier is starting to come to fruition.
Luke Schauerte made his remarks in an interview on the sidelines of the Glo…

Despite Pipeline Fight, B.C. and Alberta Agree on Push to Get Green Light for Two Big LNG Projects This Year

June 12, 2026June 12, 2026 by EnergyNow Media

Chris Varcoe: Export projects on the British Columbia Coast can offer shorter shipping times to markets in Asia than U.S. rivals By This Article and More by Chris Varcoe Here Original: financialpost.com/opinion/columnists/varcoe-canadian-governments-agree-push-two-new-lng-projects/wcm/29bfa3fa-c685-4a60-ab63-e427f936dc74 Alberta and British Columbia battle frequently over a proposed oil pipeline to the Pacific coast, yet they’re not playing the part of squabbling … Read more

Discount on Western Canada Select Tightens to Narrowest Since November

June 11, 2026 by EnergyNow Media

The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures tightened again on Thursday to its narrowest point since November.WCS for July delivery in Hardisty, Alberta, settled at $11.65 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, compared to $11.90 a barrel on Wednesday. * The … Read more

Global Energy Show Canada 2026 Convenes Global Energy Leaders to Advance Investment, Partnerships and Energy Security

June 11, 2026 by EnergyNow Media

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June 11, 20263:00 PM Globe Newswire More than 38,000 attendees from over 100 countries gathered in Calgary for Global Energy Show Canada 2026 Event generated an estimated $70.6 million in economic impact for Calgary and area More than 500 exhibitors showcased the scale and diversity of today’s energy sector Global Energy Show Canada will take … Read more

Canada Oil Outages and Bad Weather to Tighten Inventories at Key US Storage Hub

June 11, 2026 by EnergyNow Media

By Amanda Stephenson and Arathy Somasekhar Wet weather and Cenovus outage disrupt Western Canada oil supply Cushing inventories near operational lows as U.S. crude stocks fall Western Canadian crude inventories at lowest since 2020 CALGARY, June 11 (Reuters) – Wet weather and a power outage at a major oil sands producer have contributed to crude … Read more

Trump Cancels Strikes Against Iran Planned for Thursday Evening

June 11, 2026 by EnergyNow Media

(Reuters) – U.S. President Donald Trump said he hascanceled planned strikes against Iran on Thursday, hours after threatening more bombings and a desire to “take” oil export hub Kharg Island. “Based on the fact that discussions with the Islamic Republic of Iran have been brought to the highest level of Iranian leadership and approved, I … Read more

A Look at Iran’s Kharg Island and Energy Sector

June 11, 2026 by EnergyNow Media

(Reuters) – U.S. President Donald Trump on Thursday said the United States would hit Iran “very hard tonight” and that he wanted to eventually seize Kharg Island, the export heart of one of the world’s largest oil producers. Following are key facts on Iran’s energy industry: KHARG ISLAND The third-largest producer in the Organization of … Read more

Alberta Court Fines Imperial Oil for Kearl Spill Breach

June 11, 2026 by EnergyNow Media

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(Reuters) – Canada’s Imperial Oil was fined C$120,000 ($85,849.19) after pleading guilty in an Alberta court to breaching environmental regulations tied to an industrial wastewater overflow at its Kearl oil sands site, the province’s energy regulator said on Thursday. Following a May 29 hearing in the Alberta Court of Justice, the Canadian oil producer was … Read more

Canadian and U.S. Stock Markets Rally on Hopes for U.S.-Iran Deal

June 11, 2026 by The Canadian Press

Stock markets rallied in Canada and the U.S. after President Donald Trump called off a threat to bomb Iran, raising hopes for a deal between the countries.
Kevin Burkett, portfolio manager at Victoria-based Burkett Asset Management, said Trump’s comme…

Iran War Adds to AI Boom as Demand for Gas Turbines Rises Further, Siemens Energy Says

June 11, 2026 by EnergyNow Media

(Reuters) – The Iran war has become an additional driver of demand for gas turbines, Siemens Energy executives said on Thursday, at a time when manufacturers are already flooded with orders due to the massive data centre expansion in the United States. Along with rivals GE Vernova and Mitsubishi Heavy Industries, Siemens Energy has seen … Read more

Taking Kharg Island Would Pose Risks for US Troops

June 11, 2026 by EnergyNow Media

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(Reuters) – President Donald Trump said on Thursday he wants to take over Kharg Island, Iran’s oil infrastructure hub. Analysts say the U.S. military could seize the island quickly, but the move could leave U.S. troops in great peril and prolong rather than shorten the war. WHERE IS KHARG ISLAND AND WHY IS IT IMPORTANT? … Read more

Trump Tells Fox News He’d Like to Take Iran’s Kharg Island

June 11, 2026 by EnergyNow Media

(Reuters) – U.S. President Donald Trump said on Thursday he would like to take over Iran’s oil infrastructure hub Kharg Island but he was not sure Americans have the appetite for a major escalation in the war. “We are talking to them and all, but you know, look, my preference has always been – take … Read more

SASKATCHEWAN PREMIER SCOTT MOE: Western Canada Can Lead Canada to Global Energy Superpower Status

June 11, 2026June 11, 2026 by EnergyNow Media

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Introduced by Michael Binnion, President and Founder of Questerre Energy, Saskatchewan Premier Scott Moe delivered a strong message at Global Energy Show Canada in Calgary: Canada stands at a pivotal moment where the right policy decisions could unlock unprecedented investment, strengthen national prosperity, and position the country as a true global energy superpower. Speaking to … Read more

Iran Seeks Funds as US Talks Edge to Interim Deal, Sources Say

June 11, 2026 by EnergyNow Media

(Reuters) – Efforts to reach a preliminary deal between Iran and the U.S. have intensified, three Iranian sources and a European official told Reuters on Thursday, despite strikes launched by both sides, as they discuss a mechanism over releasing frozen Iranian funds. The sources said Iran and the United States were still exchanging messages over … Read more

Hormuz Reopening Could be OPEC’s Undoing: Bousso

June 11, 2026 by EnergyNow Media

(Reuters) – Saudi Arabia and neighbouring Gulf producers will cheer the eventual reopening of the Strait of Hormuz, but the ensuing flood of oil risks eroding OPEC’s already fragile grip on the market. The Iran war and the closure of the vital waterway – through which nearly a fifth of the world’s oil and gas … Read more

OPEC Again Lowers 2026 Global Oil Demand Growth Forecast

June 11, 2026June 11, 2026 by EnergyNow Media

Summary Cuts 2026 oil demand growth forecast by further 200,000 bpd amid Iran war impact OPEC+ output drops by 190,000 bpd in May, led by Iran facing US blockade Raises 2027 demand growth prediction (Reuters) – OPEC on Thursday lowered its forecast for world oil demand growth in 2026 to 970,000 barrels per day, the … Read more

N.B. Gas Plant Needed to Avoid Blackouts by 2028, Utility Executive Says

June 11, 2026June 11, 2026 by The Canadian Press

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The CEO of New Brunswick’s electricity utility says its proposal for a natural gas-powered generating station remains the best option for avoiding blackouts within the next two years.
Lori Clark told a legislative committee this morning that the proje…

US LEADS GLOBAL OIL PRODUCTION: Once an Arab Oil Embargo Victim, US Becomes World’s Top Oil Exporter

June 11, 2026 by EnergyNow Media

Summary US oil exports surge as Saudi, Russian exports disrupted by conflict and sanctions EU officials warn of risks in growing dependence on US energy supplies US oil boom driven by private firms, contrasting with state-led output in rivals HOUSTON, June 11 (Reuters) – The United States has become the world’s largest oil exporter, … Read more

Oil Falls as Traders Digest Escalation in US-Iran Strikes

June 11, 2026 by EnergyNow Media

Summary Iran closes Strait of Hormuz, threatens to fire on vessels attempting passage Talks intensifying to reach deal, Iranian sources say U.S. launches additional strikes on Iran, escalating tensions after fragile ceasefire U.S. crude inventories fall sharply, EIA reports 7.2 million barrel crude draw (Reuters) – Oil prices ‌fell on Thursday, following earlier gains triggered … Read more

IT’S FULL! Trans Mountain Pipeline in Canada Hits Full Capacity Two Years After Expansion

June 11, 2026June 11, 2026 by EnergyNow Media

Canada’s Trans Mountain pipeline is running at full capacity for the first time since the completion of a major expansion two years ago, but an executive said Wednesday that ongoing global turmoil makes predicting future capacity rates difficult. * The 890,000-barrel-per-day pipeline, which carries oil from the province of Alberta to British Columbia’s west coast, … Read more

MOVING FORWARD: Alberta Premier Outlines Vision for 8 million Barrels Per Day, New Pipelines, Indigenous Ownership, and an “Energy Addition” Strategy

June 11, 2026June 10, 2026 by EnergyNow Media

By EnergyNow Insights Staff CALGARY, Alberta — Alberta Premier Danielle Smith says the conversation about Canada’s energy future has fundamentally changed. Speaking at the Global Energy Show in Calgary, Smith argued that years of global geopolitical disruption, rising energy demand, and concerns over affordability have triggered a worldwide reassessment of the role oil and natural … Read more

Discount on Western Canada Select Widens

June 10, 2026 by EnergyNow Media

The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures widened on Wednesday. WCS for July delivery in Hardisty, Alberta, settled at $11.90 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, up from $11.80 a barrel on Tuesday. * The WCS differential, which has been volatile … Read more

DATA CENTRES: Alberta May See ‘Gigawatt-Scale’ AI Data Centres Under Construction This Year – Global Energy Show Canada

June 10, 2026 by EnergyNow Media

While industry insiders talk about economic benefits, concerns around water, electricity and more are leading to opposition from some By This article and mote by Steven Wilhelm here Original: calgaryherald.com/business/energy/alberta-gigawatt-scale-ai-data-centres-under-construction-global-energy-show Sameh Kodsi, a manager at WSP Canada, Mike Shaw, a vice-president of business development at ATCO Energy Systems and Wes Cullum, the senior vice-president of … Read more

Iran War Anxiety Sends Global Container Shipping Rates Soaring

June 10, 2026 by EnergyNow Media

(Reuters) – The cost of shipping a container of goods from Asia to the United States has doubled since the start of the Iran war, driven by spiking fuel prices and an uptick in demand from importers who are worried costs will only rise further as the conflict wears on. “If you want to know … Read more

India Considering Canada as Potential Crude Oil Supplier, Envoy Says

June 10, 2026 by EnergyNow Media

(Reuters) – India is considering Canada as a potential crude oil supplier, High Commissioner Dinesh Patnaik said on Wednesday at the Global Energy Show in Calgary, Alberta, adding that the country’s newer refineries are designed to process heavy crude, making Canadian grades a viable option. Patnaik said officials from the two countries are meeting regularly … Read more

What’s Next for the Strait of Hormuz?

June 10, 2026 by EnergyNow Media

Even with flows gradually improving, EIR modeling shows OECD inventories bottoming at multi-decade lows and a lasting geopolitical premium in Brent CALGARY, Alberta (June 10, 2026) — Enverus Intelligence® Research (EIR), a subsidiary of Enverus, the leading energy data analytics platform, has published its latest report, Strait of Hormuz | What Comes Next for Oil Markets? In … Read more

“Energy Does Not Make Us (Canada) Prosperous When it’s Sitting in the Ground” – Resources Minister Tim Hodgson Addresses Global Energy Show Audience in Calgary

June 10, 2026 by EnergyNow Media

By Terry Winnitoy CALGARY, AB – Speaking to a packed international audience at the Global Energy Show Canada on June 9, Canada’s Minister of Energy and Natural Resources, Tim Hodgson, delivered an ambitious vision for Canada’s energy future, declaring that the country is entering a new era of energy development, infrastructure construction, and global market … Read more

Bank of Canada Holds Key Rate Steady in Fifth Consecutive Decision

June 10, 2026June 10, 2026 by The Canadian Press

The Bank of Canada held its benchmark interest rate steady for a fifth consecutive decision on Wednesday as it tries to support a turbulent economy without letting prices rise unchecked.
Governor Tiff Macklem also said that while the economy is weak, …

Oil Steady as Investors Weigh Renewed US-Iran Fighting

June 10, 2026 by EnergyNow Media

Summary US launches new strikes on Iran after helicopter downed Tehran threatens to resume hostilities if Israel attacks Hezbollah US crude inventories fall for eighth week, raising supply concerns LONDON, June 10 (Reuters) – Oil prices were steady on Wednesday, as renewed U.S.-Iran hostilities ‌muddied direction and investors weighed lower Chinese demand with global inventory … Read more

CSV Midstream Solutions Announces Proposed Fractionation Facility in Alberta’s Industrial Heartland

June 10, 2026 by EnergyNow Media

CSV targets 2029 startup for 35,000 barrel-per-day facility in Fort Saskatchewan CALGARY, AB, June 9, 2026 /CNW/ – CSV Midstream Solutions Corp. (CSV) announced today its plans to build a fractionation facility in Alberta’s Industrial Heartland in Fort Saskatchewan, targeting startup in 2029, with a final investment decision (FID) expected by early 2027, subject to regulatory approval. In this … Read more

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

June 10, 2026 by EnergyNow Media

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

FEATURE: Women Energy Leaders Call for Action Over Ambition as Canada Faces Historic Growth Opportunity – A PWC – Canada Powered by Women Report

June 10, 2026June 10, 2026 by EnergyNow Media

A new national report from Canada Powered by Women (CPW) and PwC Canada finds senior women executives across Canada’s energy sector are optimistic about the country’s resource potential but increasingly frustrated by a lack of policy certainty and project execution. The report, Fueling What Matters: A National Conversation with Women Business Leaders on Energy, … Read more

ADNOC Eyeing Canada Upstream and LNG Opportunities Via XRG Arm, Executive Says

June 10, 2026June 10, 2026 by EnergyNow Media

(Reuters) – Abu Dhabi National Oil Company is exploring opportunities in Canada’s upstream and liquefied natural gas sectors through its international arm XRG, a senior company executive said on Tuesday at the Global Energy Show in Calgary. Musabbeh Al Kaabi, ADNOC’s CEO of upstream, did not provide details on what specific investments the company may … Read more

COMMENTARY: Newfoundland Government Should Help Make Mining Sector More Attractive to Investment – Fraser Institute

June 10, 2026 by EnergyNow Media

By Alex Whalen and Julio Mejía According to the latest data, capital expenditure (a measure of investment) in Newfoundland and Labrador’s mining industry has plummeted from more than $1 billion each year from 2021 to 2024 to $503 million in 2025 and an estimated $482 million in 2026. This is bad news for Newfoundlanders and … Read more

COMMENTARY: A Simple Fix to Improve Canada’s ‘Equalization’ Formula – Fraser Institute

June 10, 2026 by EnergyNow Media

By Ben Eisen A rule designed to control the cost of Canada’s equalization program has instead forced the federal government to spend an extra $10.5 billion over the past seven years. Fixing it should be one of the easier decisions for the Carney government. A straightforward reform can make the program more responsive to changes in the … Read more

New ‘Green Island’ to Grow in Alberta’s Industrial Heartland

June 10, 2026 by EnergyNow Media

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Pipeline operator Keyera helping establish forest the size of 50 football fields By Will Gibson Keyera and Project Forest will plant native species, with balsam poplar and white birch accounting for the majority of trees along with white spruce and western mountain ash. Photo by Nicole Logan on Unsplash A new forest will soon take … Read more

Alberta Pitches Cheap Natural Gas for Data Center Boom, at Odds with Canada’s Clean Power Aims

June 10, 2026June 10, 2026 by EnergyNow Media

Summary Alberta touts cheap gas, cold climate to attract data centers and boost demand Pembina Pipeline and Kineticor near decision on 900 MW gas plant for unnamed data center client 90% of Canada’s planned hyperscale data centers are in Alberta, study says CALGARY, June 9 (Reuters) – Alberta is touting its abundant supply of cheap … Read more

OIL’S FINANCIAL IMPACT: Canada Trade Surplus Hits 15-Month High in April on Soaring Crude Prices

June 10, 2026June 10, 2026 by EnergyNow Media

(Reuters) – Crude oil prices pushed up by the Iran war helped propel Canada’s goods trade surplus in April up by 55% to a 15-month high of C$2.72 billion ($1.95 billion), Statistics Canada ‌said on Tuesday. Analysts polled by Reuters had forecast a surplus of C$2.57 billion. Statscan revised March’s surplus down to C$1.75 … Read more

Discount on Western Canada Select Narrows Again

June 9, 2026 by EnergyNow Media

The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures narrowed again on Tuesday. WCS for July delivery in Hardisty, Alberta, settled at $11.80 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, compared with $12 a barrel on Monday. * The WCS differential, which has been … Read more

“UNFINANCEABLE” – Cenovus CEO Rips Pathways Carbon Capture-Pipeline Plan as ‘Unfinanceable’ – Global Energy Show Canada

June 10, 2026June 9, 2026 by EnergyNow Media

By Iain Boekhoff and Robert Tuttle Jon McKenziePhotographer: Gavin John/Bloomberg The leader of one of Canada’s biggest oil companies blasted a government push for a massive carbon-capture project and carbon tax in exchange for an oil-sands pipeline as anticompetitive and uneconomic. A recent federal-provincial pact aimed at advancing the Pathways project failed to address regulatory … Read more

Commodity Prices Weigh on TSX, AI Stock Swings Send Wall Street on Roller Coaster

June 9, 2026June 9, 2026 by The Canadian Press

Canada’s main stock index finished in negative territory on Tuesday, weighed down by declines in commodity prices, while another sudden reversal for high-flying artificial-intelligence stocks sent Wall Street reeling.
Ryan Bushell, CEO and portfolio …

Oil Inventories Headed Toward Multi-Decade Lows, US EIA Warns

June 9, 2026 by EnergyNow Media

(Reuters) – Oil stockpiles in the world’s largest economies are headed toward the lowest levels since at least 2003 as inventories are drawn down at a record pace due to the lost output from the Iran war, the U.S. Energy Information Administration said on Tuesday. Total oil inventories in the members of the Organization for … Read more

US Energy Secretary Says Ship Traffic Through Strait of Hormuz Rising ‘Very Meaningfully’

June 9, 2026 by EnergyNow Media

(Reuters) – U.S. Energy Secretary Chris Wright said on Tuesday that ship traffic through the Strait of Hormuz is rising “very meaningfully” as the conflict with Iran continues. “I would say rising very meaningfully,” Wright said when asked how ship traffic is flowing through the Strait compared to a week or two ago. Wright made … Read more

Ksi Lisims LNG Signs Benefit Agreements With First Nations, Challenges Withdrawn

June 10, 2026June 9, 2026 by The Canadian Press

The lead developer of the Ksi Lisims liquefied natural gas project planned for the West Coast has announced benefit agreements with three First Nations in northern British Columbia.
Houston-based Western LNG says two of those communities — the Metlak…

Oil Falls as Investors Await Clarity After Iran-Israel Halt Attacks

June 9, 2026 by EnergyNow Media

Oil prices fell on Tuesday, erasing most of the previous session’s gains, after Iran and Israel said they had halted attacks on each other following an appeal from U.S. President Donald Trump, though both sides warned they could resume hostilities. Brent crude futures were down 91 cents, or 1%, at $93.34 a barrel at 0400 … Read more

Global Offshore Wind Capacity Set to Grow to 420 GW by End of 2035, GWEC Report Says

June 9, 2026 by EnergyNow Media

( Reuters) – Global offshore wind capacity is set to quadruple over the next decade to reach 420 gigawatts (GW) by the end of 2035, ‌a report by the Global Wind Energy Council (GWEC) showed on Tuesday. Around 92 GW of offshore wind was installed by the end of 2025, enough to power around 100 … Read more

Merchandise Trade Surplus $2.7 Billion in April as Oil Prices Help Boost Exports

June 10, 2026June 9, 2026 by The Canadian Press

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Statistics Canada says the country’s merchandise trade surplus grew to $2.7 billion in April as higher oil prices helped boost exports to a record high.
The agency says the result was the largest surplus since January 2025 and compared with a surplus …

FACING SCEPTICISM: Kevin O’Leary’s Huge Data Center in Alberta Faces a Skeptical Public

June 9, 2026June 9, 2026 by EnergyNow Media

By Iain Boekhoff A proposal by a Kevin O’Leary-backed firm to build Canada’s largest data center in northwestern Alberta is facing pushback from some residents and Indigenous groups. Hundreds of people poured into the community hall in the hamlet of Grovedale, Alberta, to hear from O’Leary Digital Ltd. officials and their contracted experts last week. … Read more

Another European Utility Looks to Lock Down Supply From Ksi Lisims LNG

June 9, 2026June 9, 2026 by The Canadian Press

A second German utility has expressed interest in purchasing liquefied natural gas from the Ksi Lisims project planned for the northern British Columbia coast, as the plant’s partners approach a final go-ahead decision.
Duesseldorf-based Uniper and K…

COMMENTARY: Quebec Political Leaders’ Puzzling Obsession With Alberta’s Supposed “Dirty Oil” – Yogi Schulz

June 9, 2026 by EnergyNow Media

By Yogi Schulz Quebec political leaders rail against supposedly ‘dirty oil’ produced in other parts of Canada, especially Alberta, and loudly oppose its consumption in Quebec. They’re even against a crude oil pipeline to the Irving Oil refinery in New Brunswick. At the same time, they say nothing about the ‘dirty oil’ that Quebec … Read more

2026 Global Energy Show to Kick Off With Natural Resources Minister, Alberta Premier – Get Your FREE EnergyNow Engage Exibition Pass Here

June 9, 2026June 9, 2026 by The Canadian Press

The Global Energy Show kicks off today with an address from the federal natural resources minister, followed by sessions featuring a diverse slate of political and corporate leaders from Canada and abroad.
Along with Tim Hodgson’s speech on “building…

VARCOE: ‘BEGINNING OF A TREND’ — Canadian Oil Producers Hiking Spending Plans, With Crude Prices Expected to Stay High

June 9, 2026June 9, 2026 by EnergyNow Media

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“There are periods in which you have to make hay, and periods in which you have to batten down the hatches.” By Chris Varcoe Original: calgaryherald.com/opinion/columnists/varcoe-4 Canadian petroleum producers are becoming increasingly convinced that high oil prices are likely to stick around through the rest of the year, and several are accelerating their spending plans … Read more

IT’S HERE: TAX FREEDOM DAY – June 9 – When Canadians Finally Start Working for Themselves

June 9, 2026June 9, 2026 by EnergyNow Media

By Milagros Palacios, Jake Fuss and Nathaniel Li Canadians Celebrate Tax Freedom Day on June 9, 2026 In 2026, the average Canadian family will earn $166,790 in income and pay an estimated $72,539 in total taxes (43.5 percent). If the average Canadian family had to pay its taxes up front, it would have worked … Read more

Ottawa Offers Millions in Loans to Airlines as Fuel Costs Soar. Some Say “No Thanks!”

June 9, 2026June 9, 2026 by The Canadian Press

The federal government on Monday offered a loan lifeline to airlines struggling to cope with the soaring price of jet fuel, garnering a mixed response from the country’s carriers.
The new program will let airlines borrow up to $150 million each, as fa…

Discount on Western Canada Select Narrows

June 8, 2026 by EnergyNow Media

The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures narrowed on Monday. WCS for July delivery in Hardisty, Alberta, settled at $12 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, compared with $12.15 a barrel on Friday. * The WCS differential has been volatile … Read more

Airline CEOs Warn EU Plan to Expand Carbon Costs Will Raise Fares

June 8, 2026 by EnergyNow Media

By Kate Abnett and Joanna Plucinska EU eyes expanding carbon costs to outbound international flights Airlines oppose this, back U.N. carbon offset scheme instead EU sceptical offsets will drive emissions reductions Aviation’s climate impact set to increase without further action BRUSSELS/BERLIN, June 8 (Reuters) – Europe’s ‌biggest airlines have urged the European Union not to … Read more

Brace for a Flood of Oil as Soon as Hormuz Reopens

June 8, 2026 by EnergyNow Media

By Javier Blas When the day comes, the reopening of the Strait of Hormuz will be an extraordinary event: restarting about 10,000 oil wells, pumping roughly 15% of the world’s production, that had been shut down for a hundred days and counting. Nothing even remotely close has been attempted — ever. The oil industry doesn’t … Read more

The Fastest Growing Market for Canada’s Canola is Energy

June 8, 2026 by EnergyNow Media

The cash crop has long generated wealth on grocery store shelves and in deep fryers. Now, it’s increasingly a source of fuel By Nykole King Original: financialpost.com/business/the-fastest-growing-market-for-canadas-canola-is-energy/wcm/83d1e248-ac61-4bba-accc-c2a0e46d0cb1 Canadian oil refineries are quietly pivoting to an unlikely raw material for diesel. It’s unnoticeable for anyone at the gas pumps, but some of what powers diesel engines … Read more

Hormuz Strait Will be Open but With Transit fees, Iran Envoy to Moscow Quoted

June 8, 2026 by EnergyNow Media

The Strait of Hormuz will be open but under new conditions to be set by Iran and Oman, including a transit fee, Iran’s ambassador to Moscow was quoted as saying on Monday. The U.S.-Israeli war on Iran has largely cut oil flows via the strait, which before the conflict saw one-fifth of the world’s … Read more

Oil Market Calm Masks a Host of Unknowns: Bousso

June 8, 2026 by EnergyNow Media

The biggest oil supply shock in decades has entered its fourth month – with no resolution in sight as neither the U.S. nor Iran appears willing to budge – yet the market remains surprisingly calm. This disconnect reflects an uncomfortable reality: the biggest drivers of today’s energy market are a host of unknowns. The … Read more

Chinese Refiners Delay Projects with Middle East Oil Supply Disrupted

June 8, 2026 by EnergyNow Media

Summary HAPCO start-up pushed from mid-year to September or October, sources say PetroChina Dalian unit resumption postponed indefinitely China’s refining margins turn negative on high crude costs and fuel price caps India’s capacity expansion on track SINGAPORE, June 8 (Reuters) – Chinese refiners have delayed two projects slated to come online this year following disruptions … Read more

Norway Oil Companies, Unions Agree Wage Deal, Averting Strike

June 8, 2026 by EnergyNow Media

(Reuters) – Norwegian oil companies have agreed to a wage deal with three labour unions, preventing any strike action that would have ‌disrupted output, negotiators for both sides said on Friday. Labour unions had said nearly 8% of Norwegian offshore oil and gas workers planned to strike if wage mediation failed, and the industry estimated that this … Read more

Oil Prices Climb Over 3% After Israeli Strikes on Iran and Lebanon

June 8, 2026 by EnergyNow Media

Summary Israel strikes on Iran follow strikes on Beirut on Sunday Iran on Sunday retaliated with missile attacks on Israel Iran plans to collect Hormuz transit fees, ambassador quoted as saying Analysts say impact of OPEC+ output hike agreement is limited LONDON, June 8 (Reuters) – Oil prices rose more than 3% on Monday, ‌as … Read more

Custom Magnetic Level Indicator Solutions for Complex Refinery Applications

June 8, 2026 by EnergyNow Media

In refinery and energy applications, level measurement is rarely as simple as selecting a standard instrument and installing it in the field. Process conditions, piping specifications, maintenance access, vessel design, and site standards can all influence whether a level measurement solution will work reliably in practice. A recent magnetic level indicator application completed by Westech … Read more

Germany Deepens Canada Energy Ties With Provisional LNG Deal

June 8, 2026June 8, 2026 by EnergyNow Media

German energy firm Uniper has signed a preliminary agreement to secure liquefied natural gas from a key project in Canada, a joint statement said on Monday, the latest sign of an intensifying energy partnership between the two countries. The deal to procure LNG from Canada’s Ksi Lisims, a proposed export facility to be located … Read more

FIVE IN A ROW: Fifth Straight Rate Hold Expected as Bank of Canada Meets Wednesday

June 8, 2026June 8, 2026 by The Canadian Press

Economists expect the Bank of Canada to hold its benchmark interest rate steady for the fifth straight time when it meets Wednesday, but its messaging could shed light on how it is navigating ongoing geopolitical uncertainties.
The central bank held i…

China’s Rongsheng Weighs Alberta-to-B.C. Pipeline Oil Supply Pact

June 8, 2026June 8, 2026 by EnergyNow Media

Rongsheng uses heavy crude from the Trans Mountain Pipeline at a 800,000-barrel-a-day refinery on China’s east coast By Robert Tuttle, Alfred Cang and Brian Platt Rongsheng Petrochemical Co., already the biggest buyer of crude from Canada’s sole West Coast pipeline, is weighing an agreement to buy oil from Alberta’s next project, a proposed million-barrel-a-day pipeline … Read more

US Energy Firms Add Rigs for Seventh Week in a Row, Says Baker Hughes

June 8, 2026June 8, 2026 by EnergyNow Media

By Scott Disavino NEW YORK, June 5 (Reuters) – U.S. energy firms this week added rigs for a seventh week in a row for the first time since May 2022, energy services firm ‌Baker Hughes (BKR.O) said in its closely followed report on Friday. The oil and natural gas rig count, an early indicator of … Read more

Goldman Sachs Says Global Oil Demand Takes Big Hit, Sees Risks to Price Forecast

June 8, 2026June 8, 2026 by EnergyNow Media

Goldman Sachs said in a note on Friday that global oil demand has declined more than expected, posing two-sided risks to its fourth-quarter 2026 Brent crude price forecast of $90 a barrel and WTI forecast of $83 per barrel. The bank estimated 4 million to 5 million barrels per day (mb/d) of global oil … Read more

MAKING HAY IN MAY: Canada’s Oil and Gas Drillers ‘Making Money’ in Busiest May Since Boom-Era 2014

June 8, 2026June 7, 2026 by EnergyNow Media

‘Two months ago, if you said oil is going to be the low 80s, you’d pop the champagne,’ said Ensign Energy Services Inc. president Bob Geddes By This Article and More by Steven Wilhelm Here Original: financialpost.com/business/energy/canada-oil-gas-drillers-making-money-busiest-may-since-2014/wcm/6acce87b-0c18-4fbe-af44-ddf94508e35f High oil prices are propelling a new rush for black gold across Western Canada, with drillers getting … Read more

Five Things to Watch for in the Canadian Business World in the Coming Week Including the Global Energy Show in Calgary

June 7, 2026June 7, 2026 by The Canadian Press

Five things to watch for in the Canadian business world in the coming week:
Energy conference
The Global Energy Show is set to kick off in Calgary on Tuesday. Among the scheduled speakers are federal Natural Resources Minister Tim Hodgson, the premier…

Travellers Looking for EVs to Save on Gas Won’t Find Them at Car Rental Companies

June 7, 2026June 7, 2026 by The Canadian Press

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Steve Liborio was caught off guard by a sudden increase in interest in electric vehicle rentals, several years after the car rental industry’s foray into EVs failed to get the traction it had hoped for.
Since Liborio doesn’t carry EVs at his Thrifty C…

Canadian Energy Leaders Back Diversification, But U.S. Remains Key Customer

June 8, 2026June 7, 2026 by EnergyNow Media

A key question heading into trade talks with the U.S. is how to safeguard the integrated nature of energy flows, while also looking to expand exports into other markets By This Article and More by Chris Varcoe Here Original: financialpost.com/opinion/columnists/varcoe-canadian-energy-leaders-back-diversification-united-states-key-customer/wcm/f661edde-18fa-4802-9c2c-3bc0121cb840 Before travelling to the United States to discuss the future of the North … Read more

Russia’s Sechin Says U.S. Companies Benefit From the Closure of the Strait of Hormuz

June 6, 2026 by EnergyNow Media

Rosneft Chief Executive Igor Sechin said on Saturday that U.S. energy companies were the main beneficiaries of the closure of the Strait of Hormuz and that Washington was trying to change the fundamental contours of the global energy markets to suit U.S. interests. Iran blockaded the Strait, the main route for about a fifth … Read more

PERSPECTIVE: Why Natural Gas Peaker Plants in B.C. are Inevitable – Resource Works

June 6, 2026June 6, 2026 by EnergyNow Media

B.C. faces a power crunch that only natural gas power may address By Nelson Bennett BC Hydro CEO Charlotte Mitha speaking to GVBOT. | Matt Borck The One Group Agency | GVBOT By Resource Works More News and Views From Resource Works Here I’m going to go out on a limb here and predict that … Read more

COMMENTARY: Is Ottawa Turning Alberta’s Pipeline Into a Taxpayer Trap? – Lennie Kaplan

June 6, 2026June 6, 2026 by EnergyNow Media

Carney’s net-zero agenda shouldn’t come at the expense of Alberta taxpayers By Lennie Kaplan The proposed West Coast Oil Pipeline is starting to look less like a private-sector energy project and more like a taxpayer-backed extension of Prime Minister Mark Carney’s net-zero agenda. The decision by the federal Liberal government to establish a Sept. 1, … Read more

Saint John, N.B., Launches Simulated Electricity Grid to Test Energy Projects

June 6, 2026June 6, 2026 by The Canadian Press

A city utility in New Brunswick has become the first in Canada to share active electricity grid data with outsiders — a move it says will help keep power bills predictable and lead to more clean energy projects.
Saint John Energy will be sharing the d…

Trans Mountain Expects Oil Shipments to Reach 90 Per Cent of Capacity in Q2

June 6, 2026June 5, 2026 by The Canadian Press

Trans Mountain Corp. says oil shipments through its pipelines reached 83 per cent of capacity in the first quarter and is expected to rise to 90 per cent in the second quarter.
The Calgary-based company that operates the pipeline from Alberta to the B…

Oil Prices Fall on Mounting Hopes for De-Escalation in US-Iran War

June 5, 2026 by EnergyNow Media

Hezbollah leader rejects Lebanon ceasefire deal Iranian oil exports fall to lowest level in six years, data shows OPEC secretary general says oil demand to remain robust, no change to estimates HOUSTON, June 5 (Reuters) – Oil prices fell on Friday as traders gained confidence that renewed conflict between the U.S. and Iran ‌was growing … Read more

Global Oil Inventories Depleted, Next Price Spike Could Roil Economies, Markets

June 5, 2026 by EnergyNow Media

(Reuters) – Global oil inventories are running dangerously low as a deal to re-open tanker traffic through the Strait of Hormuz has proven elusive, and industry executives and analysts warn there could be another oil price shock in the coming weeks, severe enough to upset broader financial markets. Some fear the next move higher for … Read more

What Issues Do The US And Iran Need to Resolve for Any Peace Deal?

June 5, 2026 by EnergyNow Media

(Reuters) – Here are the main issues between the United States and Iran as they seek a deal to end their war, which is now in its fourth month: HORMUZ AND GULF BLOCKADE Iran’s closure of the Strait of Hormuz, normally the conduit for around a fifth of global oil and liquefied natural gas shipments, … Read more

US Oil Exports Surge, Draining Domestic Crude Inventories Toward Rock Bottom

June 5, 2026 by EnergyNow Media

Summary Cushing inventories near operational minimum, risking supply disruptions and crude quality issues US crude exports hit record highs as global supply disrupted by Iran war Phillips 66 internal estimates show Cushing could hit operational minimum as soon as June end NEW YORK/HOUSTON, June 5 (Reuters) – At the prairie town that calls itself … Read more

“I’M NOT JOKING” – Putin Urges Germany to Make Decision on Buying Russian Gas Again via Nord Stream

June 5, 2026 by EnergyNow Media

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(Reuters) – President Vladimir Putin said on Thursday that Russia was ready to resume gas supplies to Germany via the Nord Stream ‌pipeline that was heavily damaged by undersea explosions in 2022, and the onus was on Berlin to make up its mind. Putin told journalists in St. Petersburg that one of the two … Read more

Oil Edges Lower After Oman Says Mina al Fahal Operations Proceeding Normally

June 5, 2026 by EnergyNow Media

Summary Oman said Mina al Fahal operations proceeding normally Hezbollah leader rejects Lebanon ceasefire deal Iranian oil exports fall to lowest level in six years, data shows OPEC secretary general says oil demand to remain robust, no change to estimates LONDON, June 5 (Reuters) – Oil prices edged lower after Oman said operations at Mina … Read more

REALITY SETS IN: B.C. Hydro Cancels Plan to Phase Out Gas-Powered Generation as Electricity Shortfall Looms

June 5, 2026June 5, 2026 by EnergyNow Media

Growth in electricity demand across North America is increasing rapidly, largely due to the power-hungry AI data centres By Derrick Penner Original: financialpost.com/news/local-news/bc-hydro-cancels-plan-to-phase-out-gas-generation-as-power-stopgap/wcm/9e388c02-365f-47a3-b583-c298e9b0c406 B.C. Hydro says it needs to keep two natural-gas-powered generating stations operational to meet a looming electricity shortfall, pushing back provincial goals to phase out fossil-fuel generation by the end of the … Read more

WATCH NEW EPISODE #4: 3 MINUTE HISTORY CANADA – Frank McMahon’s $400-Million Steel Gamble: The Westcoast Transmission Line

June 5, 2026June 5, 2026 by EnergyNow Media

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3 Minute History Canada continues its bold journey through Canadian energy history. This week’s episode follows Frank McMahon’s audacious 1957 Westcoast Transmission gamble — piping Peace River natural gas 1,046 km through mountains to Vancouver and the U.S. border. Facing U.S. regulatory doubt and steel shortages, McMahon ordered pipe before approvals, charmed a market-sharing deal, … Read more

LNG Canada Nears Crucial Phase 2 Decision as First Expansion Year Builds Momentum

June 5, 2026June 5, 2026 by EnergyNow Media

By EnergyNow Insights Staff LNG Canada is moving closer to one of the most important investment decisions in Canada’s energy sector. Project partners are expected to decide by the end of 2026 whether to proceed with Phase 2, an expansion that would double the liquefied natural gas export facility’s capacity at Kitimat, British Columbia. Recent … Read more

Resource Development Must Anchor B.C.’s 2027 Budget

June 5, 2026June 5, 2026 by EnergyNow Media

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Unlocking energy mining and forestry sectors is the path to fiscal stability and funding public services By Margareta Dovgal By Resource Works More News and Views From Resource Works Here Yesterday, June 1, 2026, I had the privilege of presenting to the Select Standing Committee on Finance and Government Services on behalf of Resource Works. … Read more

Is There More Oil and Gas Off Newfoundland? New Bidding Process Opens for Prospecting

June 5, 2026June 5, 2026 by EnergyNow Media

C‑NLOER is opening up 16 parcels in two regions off Newfoundland’s eastern and southeastern coast for oil and gas exploration By Gary Kean Original: financialpost.com/newfoundland-labrador/nl-offshore-oil-bidding/wcm/a595686c-4ac9-43cc-8b86-075d9d0aadde Oil and gas exploration is ramping up off Canada’s most-eastern province, with more than 3.6 million hectares open for prospecting. On Tuesday, the Canada–Newfoundland and Labrador Offshore Energy Regulator (C‑NLOER) … Read more

Discount on Western Canada Select Narrows

June 4, 2026 by EnergyNow Media

(Reuters) – The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures narrowed on Thursday. WCS for July delivery in Hardisty, Alberta, settled at $12.10 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, compared with $12.40 a barrel on Wednesday. The WCS differential has been volatile … Read more

Iranian Oil Exports Fall to Lowest Level in Six Years, Data Shows

June 4, 2026 by EnergyNow Media

(Reuters) – Iranian exports of crude oil and condensate fell to their lowest level in at least six years in May, falling well below 300,000 barrels per day, mainly due to the U.S. naval blockade, according to shipping data and analysts. The U.S. began enforcing the blockade on April 13, choking Iranian exports as the … Read more

TSX Rises More Than 400 Points to Set a New Record, U.S. Markets Post Mixed Results

June 4, 2026June 4, 2026 by The Canadian Press

Canada’s main stock index drove further into record territory on Thursday, helped by gains in the basic materials sector, while U.S. markets were mixed.
Carol Schleif, chief market strategist at BMO Private Wealth, said that there is some level of …

Study Finds Alberta Has ‘Exceptional Potential’ for Rare Natural Hydrogen

June 4, 2026 by EnergyNow Media

Geology, existing infrastructure and a skilled workforce give the province an edge By Will Gibson Energy worker in Alberta. Photo courtesy Government of Alberta As global interest in naturally occurring hydrogen grows, researchers at InnoTech Alberta say the province has “exceptional potential” to lead production of the rare, nearly zero-emission energy resource. Alberta is in … Read more

OPEC Secretary General Says Oil Demand to Remain Robust, No Change to Estimates

June 4, 2026 by EnergyNow Media

ST PETERSBURG, June 4 (Reuters) – OPEC expects robust oil demand growth and is not changing its estimates, ‌Secretary General Haitham Al Ghais said on Thursday at the St Petersburg International Economic Forum, despite the Middle East conflict and closure of ⁠the Strait of Hormuz. “Despite all the commentary out there that oil demand is … Read more

More Oil Escapes Hormuz, Keeping Traders Guessing: Bousso

June 4, 2026 by EnergyNow Media

(Reuters) – The trickle of tankers exiting the Strait of Hormuz has gathered pace in recent weeks, as traders adopt stealth measures to make the crossing. While this is freeing some of the vast oil inventories trapped in the Gulf, it does not signal a slow return to normalcy. Instead, it previews the opaque, fragmented … Read more

PHX Energy Announces Increase to its 2026 Capital Expenditure Program

June 4, 2026 by EnergyNow Media

CALGARY, Alberta, June 03, 2026 (GLOBE NEWSWIRE) — PHX Energy” or the “Corporation“) (TSX: PHX) announces that its Board of Directors (the “Board”) has approved an increase to its 2026 capital expenditure program (the “Program“) to $80 million, a $15 million increase from the previously announced Program. The increased investment is expected to be primarily directed towards … Read more

Oil Falls After Lebanon and Israel Agree to Ceasefire

June 4, 2026 by EnergyNow Media

Summary Israel-Lebanon ceasefire lifts hopes of wider regional deal Trump signals possible progress as soon as weekend US crude stocks fall sharply, tightening supply outlook (Reuters) – Oil prices fell on Thursday after a ceasefire deal between Israel and Lebanon boosted hopes for a broader agreement to end ‌the U.S.-Israeli war with Iran that could lead to … Read more

TransAlta to Buy Blackstone-Backed Colorado Gas-Fired Plants for $1 Billion

June 4, 2026 by EnergyNow Media

Canadian power producer TransAlta Corp said on Wednesday it will acquire two natural gas-fired peaking facilities near Denver, Colorado, from Blackstone for about $1 billion, strengthening its presence in the Western U.S. power market. Power producers are adding flexible gas-fired capacity to support rising demand, as the industry prepares for a rapid growth in electricity consumption, partly … Read more

Indigenous Participation, Engagement Key to Economic Growth in Canada, Report Says

June 4, 2026June 4, 2026 by The Canadian Press

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A new report says boosting economic relations with Indigenous partners and incorporating their world views in business decision-making can help position Canada for a more resilient economic future.
The report, published Wednesday by Deloitte’s Future…

SEE WHERE CANADA STANDS – These Countries Use the Most Electricity in the World – Visual Capitalist

June 4, 2026June 4, 2026 by EnergyNow Media

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By Bruno Venditti | Graphics/Design: Sam Parker Key Takeaways China accounts for one-third of global electricity demand, a dramatic rise from under 10% in the early 2000s North American countries lead in per capita electricity use among the top consumers due to large homes, climate, and energy-intensive lifestyles Electricity demand reflects both economic activity and living standards. … Read more

Coastal GasLink Eyes C$1 Billion Canadian Bond Sale in Two Parts

June 4, 2026 by EnergyNow Media

coastal gaslink construction march 11 2022 cec 1200x810

By Chunzi Xu Coastal GasLink, a pipeline project in Western Canada, is readying a two-part bond sale to raise C$1 billion ($720 million), according to people with knowledge of the matter. The shorter portion of the high-grade bond sale is set to mature in 11.25 years and the size is around C$300 million. Initial pricing … Read more

Storm Clouds Continue to Gather Over Canada’s Economy

June 4, 2026 by EnergyNow Media

By Jock Finlayson The latest economic readings from Statistics Canada are not encouraging. So far this year, Canada has lost roughly 120,000 jobs. Data for the first quarter of 2026 show overall economic activity declining marginally in the first three months of the year, which is worse than forecasters expected. This comes on the heels … Read more

COMMENTARY: Natural Gas Isn’t Greenwashing – It’s Historical Accuracy Under Attack – Stewart Muir

June 4, 2026June 4, 2026 by EnergyNow Media

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B.C. Utilities Commission signals shift to “fossil gas,” inverting historical reality By Stewart Muir 1940s gas display at the Pacific National Exhibition | City of Vancouver Archives By Resource Works More News and Views From Resource Works Here The term “natural gas” has long been criticized by climate activists as a marketing ploy. History shows … Read more

LNG INSIGHT: Germany May Never Burn Much of the Canadian LNG It Buys – And That’s the Point

June 4, 2026June 4, 2026 by EnergyNow Media

By EnergyNow Insights Staff Germany’s landmark agreement to purchase liquefied natural gas (LNG) from British Columbia could reshape Canada’s role in global energy markets, even if many of those molecules never physically reach German shores. The recently announced agreement between Germany’s state-owned energy company SEFE (Securing Energy for Europe) and the proposed Ksi Lisims LNG … Read more

‘QUE-BERTA’: Alberta, Quebec Premiers Eye Co-operation on Economy, More Autonomy Within Canada

June 4, 2026June 4, 2026 by The Canadian Press

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The premiers of Alberta and Quebec say they want to take inspiration from each other on how to grow autonomy within Canada.
Alberta Premier Danielle Smith and Quebec Premier Christine Fréchette met in Quebec City on Wednesday afternoon as sovereignty…

Why the Strait of Hormuz Is at the Heart of the US-Iran Stalemate

June 4, 2026June 4, 2026 by EnergyNow Media

By Julian Lee and Alex Longley No region of the world produces more oil and gas than the countries straddling the Persian Gulf. Most of this energy can only be exported aboard tankers that cross the Strait of Hormuz — a waterway that’s effectively been blocked for more than three months. Iran has throttled traffic … Read more

UK’s Centrica Signs Natural Gas Supply Deal With Canada’s Peyto

June 3, 2026 by EnergyNow Media

June 3 (Reuters) – Britain’s Centrica (CNA.L) said on Wednesday it had signed a 10-year gas supply deal ‌with Canada’s Peyto Exploration and Development (PEY.TO) for 50,000 million British thermal units of natural gas per day starting in 2029. The volumes equate to ⁠about five liquefied natural gas cargoes per year. Pricing will be linked … Read more

Discount on Western Canada Select Widens

June 3, 2026 by EnergyNow Media

(Reuters) – The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures widened on Wednesday. WCS for July delivery in Hardisty, Alberta, settled at $12.40 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, compared with $12.25 a barrel on Tuesday. Since the start of the U.S. … Read more

Canadian and U.S. Stock Markets Slide From Record Highs Amid Rising Oil Prices

June 3, 2026June 3, 2026 by The Canadian Press

Stock markets in Canada and the U.S. lost ground on Wednesday as oil prices rose following a flare-up in hostilities that threatened the U.S.-Iran ceasefire.
The broad declines in the North American stock market came a day after fresh highs for the S…

GLOBAL ENERGY SHOW FREE EXHIBITION PASS FROM ENERGYNOW – Enter Now for a FREE Engage Exhibition Pass – Value $149/Pass- GET ONE HERE

June 17, 2026June 3, 2026 by EnergyNow Media

About the 2026 Global Energy Show Canada The innovations, technologies, and companies shaping Canadian energy right now will all be under one roof next week. Join 30,000+ attendees from across Canada and around the world at the BMO Centre and be part of what comes next. Your FREE “Engage” Exhibition Pass gives you access to: … Read more

Middle East Oil Refineries Could Ramp Up Output in 40-60 Days From End of Crisis, Vitol Bahrain Says

June 3, 2026 by EnergyNow Media

(Reuters) – Middle East oil refineries could recover to more normal production levels in 40-60 days from the end of the current oil supply crisis linked to the effective closure of the Strait of Hormuz, Vitol Bahrain’s regional head of research Bader Nooruddin said on Wednesday. That timeline would take production up to around 90-95% … Read more

PREMIERS. MINISTERS & CEOs – Global Energy Show Kicking off in Calgary Next Week Against Backdrop of Oil Shock

June 3, 2026June 3, 2026 by The Canadian Press

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Premiers, energy ministers, CEOs and a throng of international visitors are poised to descend on Calgary next week, when the annual Global Energy Show kicks off against a vastly different backdrop than the event last year.
A year ago Alberta Premier D…

Groups call on Ottawa to Reverse Course on Environmental Policy

June 3, 2026June 3, 2026 by The Canadian Press

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Some of Canada’s largest environmental groups were on Parliament Hill Wednesday, urging the Liberal government to reverse course on what they’re calling “rollbacks” of environmental policy.
Representatives of 14 groups held a news conference to say Ot…

BC Ferries to Implement 5% Fuel Surcharge Across all Routes Starting June 16

June 3, 2026June 3, 2026 by The Canadian Press

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BC Ferries has become the latest transportation service provider to levy a fuel surcharge in the wake of high oil prices triggered by conflict in the Middle East.
The operator says in a statement that a temporary, five per cent surcharge will be imple…

Oil Demand Will Spike After War to Replenish Stocks, ADNOC Executive Says

June 3, 2026 by EnergyNow Media

(Reuters) – There will be a spike in oil demand to replenish storage levels after the current global oil supply crisis in overcome, ADNOC senior vice president of business transformation Fatema Bin Saleem Al Teneiji said on Tuesday. Oil demand will then start to pick up as oil prices normalise, she said at the S&P … Read more

Kuwait Could Recover 70% of Oil Production in 6-8 Weeks After Hormuz Reopens, KPC Executive Says

June 3, 2026 by EnergyNow Media

(Reuters) – Kuwait could restore nearly 70% of its oil production within six to eight weeks after the Strait of Hormuz reopens, Kuwait Petroleum Company’s managing director for international marketing, Shaikh Khaled Ahmad Al-Sabah, said on Wednesday. The remaining 30% would take about another month, he told the S&P Global Energy Middle East Petroleum and … Read more

Oil Extends Gains as Middle East Hostilities Flare

June 3, 2026 by EnergyNow Media

Summary IEA warns of possibility of critically low stockpiles in summer Vitol exec said market underpricing risks from war U.S. stockpile data due at 1430 GMT (Reuters) – Oil prices rose more than 2% on Wednesday, extending gains from ‌the previous session, as hostilities in the Middle East erupted anew and talks between Tehran and Washington … Read more

Obsidian Energy Announces Strategic Belly River Acquisition

June 3, 2026 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – June 2, 2026) – OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (“Obsidian Energy“, the “Company“, “we“, “us” or “our“) announced today the acquisition of high-return Belly River light oil assets in the Wilson Creek area of Willesden Green (the “Acquisition”), consolidating the Company’s position as the largest Belly River producer and deepening our core … Read more

Peyto Exploration & Development Corp. and Centrica Energy Enter 10-Year Natural Gas Supply Agreement

June 3, 2026 by EnergyNow Media

CALGARY, Alberta, June 02, 2026 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto” or the “Company”) is pleased to announce the signing of a long-term natural gas supply agreement with Centrica Energy. Under the agreement, Peyto will deliver 50,000 MMBtu of natural gas per day to Centrica Energy over a 10-year period commencing in … Read more

Yangarra Resources Ltd. Announces Expanded 2026 Capital Program and Increased Credit Facility

June 3, 2026 by EnergyNow Media

CALGARY, Alberta, June 02, 2026 (GLOBE NEWSWIRE) — Yangarra Resources Ltd. (TSX:YGR) (“Yangarra” or the “Company”) today announced a meaningful expansion of its 2026 capital program and an increase to its syndicated credit facility, reflecting strong early performance from its redesigned Belly River development program and positioning the Company for enhanced oil weighting on production, stronger cash … Read more

Highwood Asset Management Ltd. Announces Sale of Wilson Creek Assets

June 13, 2026June 3, 2026 by EnergyNow Media

/NOT FOR DISSEMINATION IN THE U.S. OR THROUGH U.S. NEWSWIRES/ CALGARY, AB, June 2, 2026 /CNW/ – Highwood Asset Management Ltd. (“Highwood” or the “Company“) (TSXV: HAM) is pleased to announce it has entered into a definitive asset purchase and sale agreement (the “Agreement“) to sell its Wilson Creek assets (the “Assets“) to Obsidian Energy Ltd. (“Obsidian Energy“) for up … Read more

Newfoundland and Labrador Offering Millions for Exploration to Open New Oil Frontiers

June 3, 2026June 3, 2026 by The Canadian Press

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Oil production is ramping up off Newfoundland and Labrador and the government is offering money to companies interested in looking for more.
Premier Tony Wakeham opened an annual energy conference in St. John’s, N.L., by announcing a call for explorat…

EDGE OF SOMETHING REALLY BIG: Canadian Pipeline Industry Seen on ‘Edge of Something Really Big’ as More Projects Advance – VARCOE

June 3, 2026June 3, 2026 by EnergyNow Media

Oilpatch gaining confidence to up production with string of new pipeline expansions and projects progressing By This Article and More by Chris Varcoe Here The timing may be tight, but it appears the Canadian oilpatch will be able to keep adding production without exhausting all available pipeline space in the coming months. With a string … Read more

PERSPECTIVE: Canada’s Unfinished Energy Story Needs to be Based on Updated Realities – Resource Works

June 2, 2026 by EnergyNow Media

David Detomasi argues Canada must see energy as power, not just fuel, in a more dangerous world By Ian Biana David Detomasi, Professor, Queen’s University Smith School of Business By Resource Works More News and Views From Resource Works Here A professor who won’t drop the hard questions David Detomasi has spent his career probing … Read more

Canadian, U.S. Stock Markets Notch New Record Highs Amid Continued AI Boom

June 2, 2026June 2, 2026 by The Canadian Press

Stock markets in Canada and the U.S. reached new highs, powered by gains in energy and AI, respectively.
Theresa Shutt, chief investment officer at Harbourfront Wealth Management, said themes around higher risk appetite driven by “AI fervour” helped …

US States Sue Trump Administration and TotalEnergies Over Offshore Wind Cancellation

June 2, 2026 by EnergyNow Media

June 2 (Reuters) – Seven U.S. states led by New York sued the Trump administration on Tuesday for cancelling a major offshore wind lease off the coast of New York in exchange for a pledge by ‌its owner to invest instead in fossil fuel projects. The lawsuit in the Washington, D.C., federal court challenges a … Read more

US Natural Gas Futures Dip on Lower Flows to LNG Export Plants

June 2, 2026 by EnergyNow Media

By Julian Hast US natural gas futures ended lower as domestic gas flows to liquefied natural gas export terminals along the US Gulf Coast dropped for a third consecutive day. The reduction is concentrated at Sabine Pass LNG in Louisiana and Corpus Christi LNG in Texas. Lower gas flows to terminals leaves more supplies in … Read more

Persian Gulf LNG Exporters Are Adopting Shadow-Fleet Tactics

June 2, 2026 by EnergyNow Media

QatarEnergy and Adnoc are using methods typically employed by Russia to get their gas across the Strait of Hormuz. By Stephen Stapczynski Major liquefied natural gas exporters in the Persian Gulf are preparing for a potential future where disruptions in the Strait of Hormuz persist for longer. In a bid to move their LNG through … Read more

Newfoundland Eyes $400 Billion in Natural Gas Off its Coast

June 2, 2026 by EnergyNow Media

Energy minister say province could become major player as geography gives it advantage in shipping to overseas markets By Gary Kean There’s an estimated $400 billion worth of natural gas in an ocean basin off Newfoundland, and one analyst believes that assessment could position the province as a major player in the natural gas sector. … Read more

Oil Market Could be Underpricing Risks, Vitol’s Bahrain Chief Says

June 2, 2026 by EnergyNow Media

(Reuters) – The oil market is underpricing some risks from the Iran war, global commodity trading house Vitol’s managing director for Bahrain, Tom Baker, said on Tuesday. Iran’s effective closure of the Strait of Hormuz and attacks on energy infrastructure including oilfields and refineries, have taken about 14 million barrels of Middle East supply offline, … Read more

South Korea Seeks to Boost Crude Oil and LNG Imports From Canada

June 2, 2026 by EnergyNow Media

(Reuters) – South Korea aims to boost imports of crude oil and liquefied natural gas (LNG) from Canada, South Korea’s Industry Ministry said on Tuesday. South Korea is exploring ways to more than triple imports of crude oil from Canada to up to 16 million barrels this year, making Korea the third-biggest export destination for … Read more

Canada and the Republic of Korea Deepen Co-Operation on Energy Resources and Critical Minerals

June 2, 2026 by EnergyNow Media

OTTAWA, ON, June 2, 2026 /CNW/ – Today, Canada’s Minister of Energy and Natural Resources, Tim Hodgson, met with the Republic of Korea’s Chief of Staff to the President and Special Envoy for Strategic Economic Cooperation, Kang Hoon-Sik. They highlighted significant opportunities to expand the Canada–Korea commercial relationship in energy and natural resources, with Canada positioned to be … Read more

The Binding Constraint: From EUV Machines to Megawatts

June 2, 2026 by EnergyNow Media

EIR identifies five quarterly signals—from EUV tool orders to packaging utilization—that best indicate whether AI chip supply can scale through 2030 CALGARY, Alberta (June 2, 2026) — Enverus Intelligence® Research (EIR), a subsidiary of Enverus, the leading energy data analytics platform, has released a report that frames AI compute growth as a manufacturing-throughput question and recommends … Read more

Canadians Call for Heavy AI Regulation, But Three-Quarters Doubt Any Government Can Keep Up With the Technology – Angus Reid Institute

June 2, 2026 by EnergyNow Media

Two-thirds among both rural & urban Canadians say they would oppose a data centre where they live June 2, 2026 – As the federal government prepares to unveil its national artificial intelligence strategy this week, Canadians are asking governments to take a firm hand with the technology, while at the same time expressing profound doubt that … Read more

GLJ and Petrel Robertson Consulting Ltd. Combine Expertise to Support Continued Growth

June 2, 2026 by EnergyNow Media

CALGARY, AB – GLJ Ltd. (“GLJ”), global energy consultants, today announced the completion of its acquisition of Petrel Robertson Consulting Ltd. (“PRCL”), a respected Canadian geoscience and engineering consulting firm. As a result of the acquisition, GLJ will strengthen its position as a leading provider of geoscience, engineering, and energy consulting services by combining PRCL’s … Read more

THE TIPPING POINT: ADNOC Trading Chief Flags August as Tipping Point for Oil Prices

June 2, 2026 by EnergyNow Media

Summary Hormuz transit to remain below pre-war levels as long as peace uncertain, Khoury says Airlines that hedged jet fuel prices still cannot fly due to lack of physical supply, he says Chinese demand not what it should be; “teapot” refineries showing appetite, ADNOC exec adds (Reuters) – August could mark a tipping point for … Read more

IEA Sees Possibility of Critically Low Stockpiles Ahead of Peak Summer Demand

June 2, 2026 by EnergyNow Media

(Reuters) – Global oil inventories could hit critical levels ahead of the peak summer demand period if stock ‌draws continue at their current pace, the head of the International Energy Agency’s oil industry and markets division said on Tuesday. “We’re seeing stock draws continuing into the summer, and with the possibility or the ⁠likelihood that … Read more

Oil Falls More Than 1% After Trump Says Talks with Iran Ongoing

June 2, 2026 by EnergyNow Media

Summary Brent, WTI slip after previous session’s sharp rally Trump says talks with Iran continue Uncertainty over US-Iran talks keeps markets on edge (Reuters) – Oil prices fell more than 1% on Tuesday, paring the previous session’s sharp gains, after U.S. President Donald Trump said talks with Iran were ongoing. Trump’s comments came despite a … Read more

COMMENTARY: The Trump-Carney Resurrection of Keystone XL “Light” Is Far From a Sure Thing – Jim Warren

June 3, 2026June 2, 2026 by EnergyNow Media

By Jim Warren Just one month ago, US President Donald Trump signed an order granting a cross-border permit to a pipeline project that could transport up to 550,000 barrels per day (bpd) of diluted bitumen (dilbit) from Hardisty, Alberta to Guernsey, Wyoming. The project, officially referred to as the Prairie Connector, will resurrect a large section … Read more

Keeping Cryogenic Level Indication Accessible, Visible, and Safe in Oil & Gas Applications

June 2, 2026 by EnergyNow Media

In Canadian oil and gas operations, reliable level indication is not just a convenience; it plays a direct role in safe startup, process confidence, maintenance planning, and day-to-day operator decision-making. This is especially true in cryogenic and low-temperature services, where insulation, frost buildup, flashing liquids, and difficult access points can make standard level instrumentation more … Read more

MAJOR MILESTONE: 1,000,000 tCO2e Eliminated: Calgary Cleantech Company Hits Major Global Climate Milestone

June 2, 2026June 2, 2026 by EnergyNow Media

CALGARY, Atla, June 01, 2026 — What started with a single liquid nitrogen tank in the field has transformed routine oil and gas operations. Kathairos’ nitrogen systems have now directly eliminated one million metric tonnes of CO2 equivalent— and counting. Kathairos Solutions has crossed a major climate milestone: one million metric tonnes of CO₂e eliminated. … Read more

Fluor Joint Venture Receives Limited Notice to Proceed for Proposed Phase 2 Expansion of LNG Canada Facility

June 2, 2026June 2, 2026 by EnergyNow Media

IRVING, Texas–(BUSINESS WIRE)–#EnergySolutions—Fluor Corporation (NYSE: FLR) announced today that its JGC Fluor BC LNG II joint venture with JGC Corporation (JFJV2) has received limited notice to proceed (LNTP) for the proposed Phase 2 expansion of the LNG Canada export facility in Kitimat, British Columbia, Canada. The same joint venture partners (JFJV) played a central role in … Read more

MANUFACTURED BACKLASH: How Big Green Astroturf Is Sabotaging North America’s AI Future – By Tammy Nemeth & David Blackmon

June 2, 2026June 2, 2026 by EnergyNow Media

By Tammy Nemeth & David Blackmon Across rural Virginia, suburban Utah, and farm communities in the Midwest, residents are showing up at planning meetings to voice real worries about massive new data centers: noise, water use, electricity demand, and the conversion of farmland into industrial zones matter. Yet what appears as spontaneous local pushback … Read more

THE MEETING: Alberta’s Smith to Meet with Counterpart Fréchette in Quebec this Week – More Independence Within Canada and Resource Development

June 2, 2026June 2, 2026 by The Canadian Press

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Alberta Premier Danielle Smith is planning to meet with her counterpart in Quebec City this week, with separatism and energy possible topics of discussion.
Speaking at an unrelated news conference in Calgary, Smith was asked about her upcoming visit w…

RWT Capital Advises H2Oil Energy Sale to GFL as Canada’s Energy M&A Market Heats Up

June 2, 2026June 2, 2026 by EnergyNow Media

Mid-market energy companies are attracting unprecedented buyer interest as consolidation accelerates across Western Canada CALGARY, AB — June 1, 2026 — As Canada’s energy sector experiences its busiest merger-and-acquisition market in nearly a decade, RWT Capital has successfully advised H2Oil Energy Inc. on its sale to GFL Environmental Services Inc., further strengthening the firm’s position … Read more

Alberta Considering 3 Oil Pipeline Routes Through Northern B.C., Documents Show

June 2, 2026June 2, 2026 by EnergyNow Media

Documents used in private consultations show 3 routes and 6 ports in northern B.C. By Kyle Bakx Original: www.cbc.ca/news/canada/calgary/bakx-alberta-smith-pipeline-oil-documents-bc-9.7216983 The Alberta government has been considering four different pipeline routes, including three options in northern B.C., which are shown in documents obtained by CBC News. (Kyle Bakx/CBC) The Alberta government has considered three different pipeline routes … Read more

Obsidian Energy Increases 2026 Capital Program, Targeting 15% Production Growth in 2027

June 1, 2026 by EnergyNow Media

June 01, 2026 5:00 PM EDT | Source: Obsidian Energy Ltd. Calgary, Alberta–(Newsfile Corp. – June 1, 2026) – OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (“Obsidian Energy“, the “Company“, “we“, “us” or “our“) provides an update to our 2026 capital program and guidance, reflecting strong operational results and an improved commodity price outlook.Highlights: Increasing 2026 … Read more

Discount on Western Canada Select Narrows

June 1, 2026 by EnergyNow Media

The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures narrowed on Monday. WCS for July delivery in Hardisty, Alberta settled at minus $12.50 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, compared with minus $15.30 in mid-May. * The WCS differential has been volatile … Read more

Wildfires in Alberta Die Down as Rain Storm Moves Into Region

June 2, 2026June 1, 2026 by EnergyNow Media

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By Robert Tuttle An Alberta Forestry ranger sits in a truck outside the Lac la Biche Airtanker base in Lac la Biche, Alberta. Photographer: Cole Burston/AFP/Getty Images Wildfires that erupted on Friday and Saturday in the Canadian oil sands-producing region of Lac la Biche in Alberta have been reclassified as being held or under control, … Read more

Analysts Tell OPEC+ Hormuz Disruption to Last Through Year End

June 1, 2026 by EnergyNow Media

By Grant Smith Oil industry experts have told OPEC+ that supply disruption caused by the closure of the Strait of Hormuz will persist to the end of the year, even if the waterway reopens promptly. Consultants and analysts gathered at OPEC’s Vienna headquarters for a technical meeting on Monday warned that it will take many … Read more

Canada Touts US Oil Trade Before Minister’s Talks With Greer

June 1, 2026 by EnergyNow Media

By Laura Dhillon Kane Dominic LeBlanc Photographer: Stephania Corpi/Bloomberg The office of Canada-US Trade Minister Dominic LeBlanc stressed the importance of “maintaining the highly integrated North American energy market” ahead of talks in Washington with US Trade Representative Jamieson Greer. LeBlanc and Janice Charette, Canada’s chief negotiator to the US, are scheduled to meet Greer … Read more

COMMENTARY: Nova Scotia Should Seize Natural Gas Opportunity Despite Any Fear Mongering

June 1, 2026 by EnergyNow Media

By Julio Mejía and Elmira Aliakbari The Houston government recently granted the first offshore natural gas exploration rights in years and opened public consultations on onshore development, reigniting debate over the risks and rewards of developing Nova Scotia’s natural gas resources. But before the lines harden, Nova Scotians should understand the facts despite any fear mongering. Nova … Read more

Surge Energy Inc. Announces Increase to 2026 Production Guidance; Expands Second Half 2026 Drilling and Waterflood Capital Program

June 1, 2026 by EnergyNow Media

CALGARY, AB, June 1, 2026 /CNW/ – Surge Energy Inc. (“Surge” or the “Company”) (TSX: SGY) is pleased to announce that its Board of Directors has approved an expanded second half 2026 capital program, including increased waterflood spending and incremental production growth. Additionally, the Company has increased its 2026 exit production rate guidance from 23,000 boepd to 24,000 boepd. … Read more

Keyera Announces Timing of Strategic Growth Outlook and 2026 Guidance Conference Call

June 1, 2026 by EnergyNow Media

CALGARY, AB, June 1, 2026 /CNW/ – Keyera Corp. (TSX: KEY) (“Keyera”) announced today that it will release its Strategic Growth Outlook and 2026 Guidance before markets open on Monday, June 15, 2026. The release will be followed by a conference call and webcast with accompanying presentation, which have been scheduled for Monday, June 15, 2026, at 9:00 AM … Read more

Obsidian Energy Increases 2026 Capital Program, Targeting 15% Production Growth in 2027

June 1, 2026 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – June 1, 2026) – OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (“Obsidian Energy“, the “Company“, “we“, “us” or “our“) provides an update to our 2026 capital program and guidance, reflecting strong operational results and an improved commodity price outlook. Highlights: Increasing 2026 capital program by ~$100 million to $300 – $325 million, targeting … Read more

Basic Materials Stocks Weigh on TSX, as U.S. Markets Gain and Oil Rrices Rise

June 1, 2026June 1, 2026 by The Canadian Press

Canada’s main stock index edged lower, while U.S. markets were positive and oil prices rose after the latest fighting threatened the U.S.-Iran ceasefire.
The United States said Monday that it bombed radar and drone sites in Iran after Tehran shot dow…

US Crude Exports Hit Record High in May as Iran War Tightens Global Oil Supplies

June 1, 2026 by EnergyNow Media

(Reuters) – U.S. crude exports climbed to a record 5.6 million barrels per day in May as the Middle East crisis pushed up demand for the country’s oil from Asian and European refiners, ship tracking estimates showed on Monday. The U.S. and Israel’s war with Iran triggered the largest-ever disruption to the global energy market … Read more

Venezuela’s Oil Exports Rose to 1.25 Million bpd in May, Shipping Data Shows

June 1, 2026 by EnergyNow Media

(Reuters) – Venezuela’s oil exports rose slightly to 1.25 million barrels per day in May, its third consecutive month of increase, fueled by more cargoes to the United States, India and Europe, shipping data showed on Monday. Under the U.S.-supported government of interim President Delcy Rodriguez, Venezuelan crude production and exports have bounced this year … Read more

Iran is Stopping Message Exchanges With U.S., May Block Hormuz, Tasnim News Agency Says

June 1, 2026 by EnergyNow Media

(Reuters) – Iran’s Tasnim news agency said on Monday that Tehran’s negotiating team is stopping exchanges of messages with the United States through mediators due to attacks on Lebanon, as diplomatic efforts to end the three-month-old Iran war continue. The agency said Iran and the Resistance Front, which includes its Shiite allies in Yemen, Lebanon … Read more

Weatherford to Acquire Oilfield Tech Firm NCS Multistage

June 1, 2026 by EnergyNow Media

(Reuters) – Oilfield services provider Weatherford International said on Monday it has agreed to acquire energy technology firm NCS Multistage Holdings in a cash-and-stock deal. On a blended basis, Weatherford will pay the equivalent of 0.463 of its shares for each NCS share, with roughly 20% of the consideration in cash. Based on Reuters calculations, … Read more

OPEC+ Likely to Raise July Oil Output Target Despite Hormuz Disruption, Sources Say

June 1, 2026 by EnergyNow Media

By Ahmad Ghaddar and Alex Lawler Seven members likely to raise target by 188,000 bpd on Sunday, sources say Most cannot meet targets due to Hormuz closure Group-wide OPEC+ policy expected to remain unchanged OPEC delegates hold technical talks in Vienna this week VIENNA, June 1 (Reuters) – OPEC+ oil-producing countries will likely agree a … Read more

COMMENTARY: Canada’s EV Dreams Remain at Odds With Reality

June 1, 2026 by EnergyNow Media

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By Annika Segelhorst and Elmira Aliakbari In 2024, Honda announced plans to build a $15 billion electric vehicle (EV) manufacturing hub in Alliston, Ontario, touted as the largest-ever manufacturing investment in Canada’s history. Both the Trudeau government and the Ford government committed a combined $5 billion for the project. But in 2025, Honda announced that the project would be delayed, amid weaker … Read more

Goldman Sachs Flags Demand Weakness as Key Risk to Oil Price Outlook

June 1, 2026 by EnergyNow Media

Goldman Sachs said late Sunday that weak oil demand in China and Europe poses a major downside risk to its fourth-quarter Brent crude forecast of $90 a barrel and WTI forecast of $83, although Middle East supply disruptions could still push prices higher. Here are a few details: * April retail sales data from … Read more

Parex Resources Completes Acquisition of Frontera E&P, Becoming Colombia’s Largest Independent Oil & Gas Producer

June 1, 2026 by EnergyNow Media

CALGARY, Alberta, June 01, 2026 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce the successful closing of its previously announced acquisition of all the Colombian exploration and production assets of Frontera Energy Corporation. Pursuant to the transaction, Parex acquired 100% of Frontera Petroleum International Holdings B.V. (“Frontera … Read more

ENERGY INSIGHT: Preventing Oil and Gas Project Failures – Yogi Schulz

June 1, 2026June 1, 2026 by EnergyNow Media

By Yogi Schulz Oil and gas projects are among the most capital-intensive and operationally complex industrial undertakings in the global economy. Upstream, midstream, and downstream projects are routinely required to manage these characteristics to achieve success: Large dollar investments for the organization. Effective collaboration among multiple specialized disciplines. Lengthy regulatory approval timelines. Geographically dispersed … Read more

Economists Pour Cold Water on Recession Talk After Canada’s Economy Stalls in Q1

June 1, 2026June 1, 2026 by The Canadian Press

Canada’s economy is still struggling to grow but some economists weighing in on the latest real gross domestic product results Friday argued that weakness may not qualify as a recession.
StatCan reported Friday that the economy stalled in the first qu…

SHOW CANADIANS THE CHANGES: Ottawa Under Increasing Pressure to Show How Policy Changes are Affecting Emissions

June 1, 2026June 1, 2026 by The Canadian Press

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The federal government is facing increased pressure to state whether it knows how some of its recent policy changes will affect Canada’s greenhouse gas emissions.
Environment Minister Julie Dabrusin was peppered with questions on the issue at a parlia…

Weatherford Announces Definitive Agreement to Acquire NCS Multistage, Expanding Completions Portfolio and Unconventional Resource Exposure

June 1, 2026 by EnergyNow Media

HOUSTON, June 01, 2026 (GLOBE NEWSWIRE) — Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) and NCS Multistage Holdings, Inc. (NASDAQ: NCSM) (“NCS Multistage”) today announced that Weatherford has entered into a definitive agreement to acquire NCS Multistage. Under the terms of the agreement, NCS Multistage stockholders have an election to receive either Weatherford … Read more

Source Rock Royalties announces first quarter 2026 results and provides corporate update

June 1, 2026 by EnergyNow Media

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S. CALGARY, AB, June 1, 2026 /CNW/ – Source Rock Royalties Ltd. (“Source Rock”) (TSXV: SRR), a pure-play oil and gas royalty company with an established portfolio of oil royalties and Crown mineral leases, announces results for the three-month period ended March 31, 2026 (“Q1 2026”). President’s … Read more

Athabasca Oil Corporation Announces New $500 Million Four-Year Credit Facility and Expanded Duvernay Energy Credit Facility

June 1, 2026 by EnergyNow Media

CALGARY, Alberta, June 01, 2026 (GLOBE NEWSWIRE) — Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) has closed a new $500 million covenant-based credit facility with the Canadian bank market. The facility has a four-year term to May 2030 and includes annual extension rights. Duvernay Energy has also closed an upsized $75 million reserve-based credit … Read more

Nearly 8% of Norway Oil Workers Threaten Strike From June 5

June 1, 2026 by EnergyNow Media

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(Reuters) – Nearly 8% of Norwegian offshore oil and gas workers plan to strike from June 5 if state-brokered wage mediation fails, labour union data ‌showed on Monday. It was too early to say how a potential strike could impact production from oil and gas fields, a spokesperson for Offshore Norway, which represents the … Read more

Oil Prices Rise as US, Iran Trade Strikes, Israel Moves Further Into Lebanon

June 1, 2026 by EnergyNow Media

Summary Israel orders troops to advance further into Lebanon US proposes gradual de-escalation plan for Israel and Lebanon Goldman Sachs flags weak oil demand in China and Europe Brent crude oil prices lost around a fifth in May (Reuters) – Oil prices rose more than 3% ‌on Monday after Iran and the U.S. traded strikes and Israel … Read more

Wildfire Season Returns to Canada’s Oil Sands

June 2, 2026June 1, 2026 by EnergyNow Media

Wildfire season has returned to Canada’s oil sands region, with seven active blazes in the area on Sunday raising risks for communities, workers, companies and investors. Canada is the world’s fourth-largest oil producer, and the bulk of its production is clustered in northern Alberta’s boreal forest. Wildfires, which have always occurred in this environment … Read more

PERSPECTIVE: “No Pathways, No Pipeline” Makes No Sense says Friends of Science Society Citing Global Energy Shortfall and No Climate Emergency

June 1, 2026May 31, 2026 by EnergyNow Media

CALGARY, AB, May 28, 2026 /PRNewswire/ — Prime Minister Mark Carney’s stance of “No Pathways, no pipeline” as reported by CTV News on May 25, 2026, makes no sense in a world facing an extreme energy shortfall, says Friends of Science Society, in response to the recently signed Implementation Agreement between Canada and Alberta. Friends of Science … Read more

South Bow Targets 2027 Decision on Canada-US Oil Pipeline Revival

May 30, 2026May 30, 2026 by EnergyNow Media

(Reuters) – Canada’s South Bow will decide whether to proceed with its proposed partial revival of the Keystone XL oil pipeline by mid-2027, the company said on Friday, as it announced it has secured the shipper commitments it was seeking to advance the project. The proposed 550,000-barrel-per-day Alberta-to-Wyoming pipeline, dubbed Prairie Connector, could increase Canada’s … Read more

Devon Energy Gets $8 Billion Offer for Marcellus Position, Sources Say

May 29, 2026 by EnergyNow Media

By David French and Shariq Khan Stone Ridge offers around $8 billion for Devon’s Marcellus shale position, sources say The Stone Ridge offer would be supported by largest ever ABS financing in US oil and gas, sources say Devon reviewing its business post-Coterra merger, prioritizing shareholder value and capital allocation Unclear whether Stone Ridge offer … Read more

IMF, World Bank, Others Warn Middle East War is Straining Energy Supplies

May 29, 2026 by EnergyNow Media

May 29 (Reuters) – The heads of the International Energy Agency, International Monetary Fund, World Bank and World Trade Organization warned ‌on Friday that the war in the Middle East was straining global energy supplies and hitting vulnerable economies hardest. The U.S.-Israel war on Iran has disrupted trade, rattled financial markets and raised concerns over … Read more

Westgate Energy Announces Q1 2026 Financial Results

May 29, 2026 by EnergyNow Media

CALGARY, AB, May 29, 2026 /CNW/ – Westgate Energy Inc. (“Westgate” or the “Company“) (TSXV: WGT), is pleased to announce the filing of its unaudited financial and operating results for the three months ended March 31, 2026. The selected financial and operating information provided below should be read in conjunction with Westgate’s unaudited consolidated financial statements and … Read more

Oil Falls on Hopes for US-Iran Ceasefire Agreement

May 29, 2026 by EnergyNow Media

By Erwin Seba Brent and WTI register steepest weekly losses since April US-Iran ceasefire deal not finalised US crude, gasoline and distillate stockpiles fell last week -EIA HOUSTON, May 29 (Reuters) – Oil futures fell more than 2% on Friday, closing out their steepest weekly decline since early April as traders awaited word that the … Read more

Tech Stocks Send TSX Higher, U.S. Markets also Up Amid Hopes of U.S.-Iran Deal

May 29, 2026May 29, 2026 by The Canadian Press

Canada’s main stock index gained ground while U.S. markets continued to push into record territory as the U.S. and Iran were reportedly working toward a deal to extend a ceasefire.
“We’re still rallying on the increasing likelihood that the conflict …

US Drillers Add Oil, Natural Gas Rigs for Sixth Straight Week, Baker Hughes Says

May 29, 2026 by EnergyNow Media

(Reuters) – U.S. energy firms this week added oil and natural gas rigs for a sixth straight week, for the first time since May 2022, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose by four to 562 … Read more

Political Understanding Between Iran and US Not Yet Finalised, Iranian Source Says

May 29, 2026 by EnergyNow Media

(Reuters) – A political understanding has been reached between Iran and the United States over the Iran war, but it has not yet been finalised, a senior Iranian source told Reuters on Friday. The source said U.S. Donald Trump’s claim that uranium would be unearthed by the U.S. was not true, adding that the possible … Read more

Trans Mountain Reports Q1 2026 Results

May 29, 2026 by EnergyNow Media

All financial figures are in Canadian dollars, unless noted otherwise. Calgary, Alberta–(Newsfile Corp. – May 29, 2026) – Trans Mountain Corporation (“Trans Mountain” or TMC” or “the Company”) today announced its financial and operating results for the first quarter of 2026. “Trans Mountain continues to play an important role in moving Canadian crude oil to … Read more

COMMENTARY: Canada’s New Electric Power Strategy – Some Good Ideas, Some Not So Good – Fraser Institute

May 30, 2026May 29, 2026 by EnergyNow Media

By Kenneth P. Green Earlier this month, the federal government rolled out Powering Canada Strong: A National Strategy for an Electrified Canadian Economy (a.k.a. “Powering Canada”), a grand strategy for Canada’s power systems. The new strategy, to be positive, has a lot of—conceptually—good things in it. The basic premise of the plan is that, in the future, Canada … Read more

Gas Prices Fall on Middle East Optimism but No One Sure if Relief Will Last

May 29, 2026May 29, 2026 by The Canadian Press

Experts say it’s anyone’s guess whether the relief Canadians have been feeling at the pumps over the past week will last into June.
Data from energy analytics website GasBuddy shows the cost of fuelling up has been dropping for the last 10 days to abo…

Norway Presses EU to Drop Ban on Arctic Drilling of Oil and Gas

May 29, 2026 by EnergyNow Media

By Heidi Taksdal Skjeseth Norway is putting pressure on the European Union to remove a moratorium on new oil and gas drilling in the Arctic where almost two thirds of its petroleum resources lie. Norwegian politicians, civil servants, and environmental and industry lobbyists are increasingly visiting Brussels to influence EU institutions as the bloc gears … Read more

Ships Attacked in Strait of Hormuz This Week, Chevron CEO Says

May 29, 2026 by EnergyNow Media

By Kevin Crowley, Annmarie Hordern, and Jonathan Ferro Several vessels transiting through the Strait of Hormuz have been attacked in recent days, underscoring the “very real” risks that remain for shipowners in the Persian Gulf whether or not a peace accord is signed, Chevron Corp. Chief Executive Officer Mike Wirth said. “There still has been … Read more

Taxpayers: Nixon Should Cut Alberta Gas Tax Now

May 29, 2026 by EnergyNow Media

LETHBRIDGE, AB: The Canadian Taxpayers Federation is calling on new Finance Minister Jason Nixon to cut Alberta’s fuel tax immediately. “Nixon has a chance to start things off right with taxpayers and saving them about $15 every time they fill up at the gas pump would be a great first step,” said Kris Sims, CTF Alberta … Read more

How Far Have the U.S. and Iran Got Towards Ending the Iran War?

May 29, 2026 by EnergyNow Media

The United States and Iran have reached an agreement to extend a ceasefire, allow shipping through the Strait of Hormuz and lift a U.S. blockade and some sanctions on Iran, sources told Reuters, but the deal has not been finalised. An agreement would represent a big step towards ending a war that has … Read more

Fiddlehead Resources Corp. announces Q1 2026 financial results

May 29, 2026 by EnergyNow Media

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CALGARY, AB, May 29, 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 months ended March 31, 2026. Selected financial and operating information should be read in conjunction with Fiddlehead’s unaudited interim financial statements and related management’s discussion … Read more

South Bow Announces Successful Open Season

May 29, 2026 by EnergyNow Media

CALGARY, Alberta, May 29, 2026 (GLOBE NEWSWIRE) — South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) announces the successful outcome of its open season, which closed on March 30, 2026, securing 20-year binding commitments for firm transportation service from Hardisty, Alta., to U.S. delivery points. South Bow will continue advancing its … Read more

GROW LNG OR LOSE OPPORTUNITY: Canadian Energy Leaders Urge Growth of LNG, or ‘We are Going to Lose this Generational Opportunity’ – VARCOE

May 30, 2026May 29, 2026 by EnergyNow Media

‘We have a lot of advantages, but we also have a window of opportunity. If we don’t capture this in the next three to five years, others will fill that gap,’ Pembina Pipeline Corp. CEO Scott Burrows said Chris Varcoe Handout photo of liquefaction module, arriving at Squamish Woodfibre LNG site in Squamish, … Read more

Analysts Hike Oil Forecasts Again as Energy Flows Face Slow Recovery

May 29, 2026 by EnergyNow Media

Summary Brent projected to average $90.44 per barrel in 2026 WTI projected to average $84.63 per barrel in 2026 (Reuters) – Analysts have increased their 2026 oil price forecasts for the third time since the Iran war began at the end of February, as they cite a months-long timeline for energy flows to normalise to … Read more

Oil Prices Fall as Market Awaits Possible US-Iran Ceasefire Deal

May 29, 2026 by EnergyNow Media

Summary Brent and WTI register steepest weekly losses since April U.S.-Iran ceasefire deal not finalised U.S. crude, gasoline and distillate stockpiles fell last week, EIA reports (Reuters) – Oil futures fell nearly 2% on Friday and were on track for their steepest weekly decline since early April ‌after reports that the U.S. and Iran had reached agreement … Read more

First Chinese-Made EVs Arrive in Canada Under Deal Carney Struck With Xi

May 29, 2026 by EnergyNow Media

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U.S. lawmakers push for ban on ‘Chinese-connected’ vehicles crossing the border — even on day trips Bloomberg News Chinese-made electric vehicles are beginning to arrive in Canada under a new arrangement that Prime Minister Mark Carney agreed to in January during a visit with China’s President Xi Jinping. The cars will be the first to be imported … Read more

Mitsui Seeks LNG Investments to Meet Power Demand From Data Centers, Bloomberg News Reports

May 29, 2026 by EnergyNow Media

Japanese trading house Mitsui is looking to invest in LNG projects across the Middle East, the U.S. and Australia to meet rising power demand from data centers, Bloomberg News reported on Thursday, citing its CEO Kenichi Hori. The company will consider taking equity stakes or securing supply agreements in LNG and gas chemicals firms, Hori … Read more

SECURE Announces Receipt of Final Order for GFL Transaction

May 29, 2026 by EnergyNow Media

Final order for the Transaction granted by the Court of King’s Bench of Alberta CALGARY, AB, May 28, 2026 /CNW/ – SECURE Waste Infrastructure Corp. (“SECURE” or the “Corporation”) (TSX: SES) is pleased to announce that the Court of King’s Bench of Alberta has granted the final order in respect of the previously announced plan of … Read more

ALL IN COST: Alberta’s Proposed Pipeline to B.C. Will Cost Energy Sector $100 Billion: Imperial CEO

May 30, 2026May 29, 2026 by EnergyNow Media

‘Now I think we can do that, but that’s kind of scale of what we’re talking about,’ said John Whelan By Robert Tuttle Alberta’s proposed million-barrel-a-day pipeline to the British Columbia coast will require Canada’s oil industry to invest more than $100 billion, the chief executive of Imperial Oil Ltd. says. Industry will need to … Read more

SEE IT HERE: Action Plan Released for Future of New Brunswick Power

May 29, 2026May 29, 2026 by EnergyNow Media

On May 25, 2026, the Government of New Brunswick released a comprehensive action plan in response to recommendations made through the independent review of NB Power. The Government will act on all 50 of the review recommendations; 44 recommendations were accepted, while six require further analysis. The Atlantica Centre for Energy provided a summary of the Report … Read more

NEW EPISODE – 3 MINUTE HISTORY CANADA – WATCH: When a Pipeline Debate Flipped Canadian Politics: The 1956 Great Pipeline Debate

May 30, 2026May 29, 2026 by EnergyNow Media

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3 Minute History Canada keeps delivering the drama. This week’s episode explodes into the 1956 Great Pipeline Debate — one of the wildest parliamentary brawls in Canadian history. C.D. Howe rammed the TransCanada natural gas bill through on “Black Friday,” sparking shouting matches, scuffles, an MP’s fatal heart attack, and a teenage protester’s fall that … Read more

VARCOE: SECOND TIME AROUND – Alberta’s New Finance Minister Won’t Open Spending Floodgates Amid Higher Oil Prices

May 29, 2026May 28, 2026 by EnergyNow Media

‘I find myself now in the spot where there’s potentially some extra money coming into the system but it’s likely temporary, just like it was at that time,’ said Jason Nixon By This Article and More by Chris Varcoe Here Original: calgaryherald.com/opinion/columnists/varcoe-alberta-finance-minister-jason-nixon-wont-open-snding-floodgates-higher-oil-prices When Jason Nixon was first appointed Alberta’s finance minister in June of 2022, … Read more

U.S. Strikes Iran Targets Near Hormuz With No Accord in Sight

May 28, 2026 by EnergyNow Media

U.S. forces shot down four Iranian drones fired at a commercial ship By Jennifer A. Dlouhy and Courtney McBride The U.S. struck Iranian military targets for the second time this week and Kuwait said it responded to missile and drone threats, highlighting the fragility of the ceasefire and the challenge of forging a peace accord … Read more

TotalEnergies Made Middle East Oil Mega-Trades After Noticing US Navy Buildup in Gulf in February, CEO Says

May 28, 2026 by EnergyNow Media

(Reuters) – French oil major TotalEnergies made the decision to buy large amounts of Middle East crude in March after its traders noticed the U.S. Navy amassing ships near the Gulf in February, its CEO told French newspaper Le Figaro in an interview published on Thursday. “Our oil traders — and it’s their job — … Read more

US and Iran Reach Deal But Need Trump’s Final Approval, Axios Reports

May 28, 2026 by EnergyNow Media

(Reuters) – The U.S. and Iran have reached an agreement on a 60-day memorandum of understanding to extend the ceasefire and launch negotiations on Iran’s nuclear program, but President Donald Trump still needs to give final approval, Axios reported on Thursday, citing two U.S. officials. Reporting by Katharine Jackson and Daphne Psaledakis

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

May 28, 2026 by EnergyNow Media

NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES REGINA, SK / ACCESS Newswire / May 28, 2026 / ROK Resources Inc. (“ROK” or the “Company“) (TSXV:ROK)(OTCQB:ROKRF) announces the Company has filed the Financial Results and Management Discussion & Analysis for the three months ended March 31st, 2026. Q1 2026 Financial and Operating Highlights … Read more

Natural Gas Spending to Hit 10-Year High in 2026 as Oil Investment Falls, IEA Says

May 28, 2026 by EnergyNow Media

(Reuters) – Global investment in natural gas projects is set to rise by more than 10% this year to $330 billion, its highest level in 10 years, while upstream oil ‌spending declines for a third straight year, the International Energy Agency said in a report. As global energy markets remain disrupted by the Iran war, … Read more

Coelacanth Announces Q1 2026 Financial and Operating Results

May 28, 2026 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – May 28, 2026) – COELACANTH ENERGY INC. (TSXV: CEI) (“Coelacanth” or the “Company”) is pleased to announce its financial and operating results for the three months ended March 31, 2026. All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Increased oil and natural gas production 742% to 6,406 boe/d in Q1 2026 … Read more

Rockpoint Reports Year-End and Fourth Fiscal Quarter 2026 Results and Increases Quarterly Dividend

May 28, 2026 by EnergyNow Media

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CALGARY, AB, May 28, 2026 /CNW/ – Rockpoint Gas Storage Inc. (“Rockpoint”, or the “Company”) (TSX: RGSI) today announced its results for the fourth fiscal quarter and year ended March 31, 2026. All financial figures are presented in United States dollars (“USD”), unless otherwise noted. “Fiscal 2026 was another milestone year for Rockpoint where the Company continued … Read more

Oil Rises After Iran and US Trade Airstrikes

May 28, 2026 by EnergyNow Media

Summary US crude stockpiles fall for sixth week, API data shows Iran’s Revolutionary Guards strike US airbase after US attack in Bandar Abbas Two supertankers exit Strait, heading to India and China (Reuters) – Oil ‌prices jumped more than 2% on Thursday after Iran’s Revolutionary Guards said they had targeted a U.S. airbase in response to an … Read more

MORE DEALS ON THE WAY: Canada’s Proposed Ksi Lisims LNG Facility in Talks to Supply ‘Several’ European Utilities, Western LNG CEO Says

May 28, 2026May 28, 2026 by EnergyNow Media

Canada’s proposed Ksi Lisims LNG export facility is in talks with several European utilities interested in purchasing liquefied natural gas from the West Coast of Canada, the CEO of Houston-based Western LNG, the lead proponent of the project, said in an interview on Wednesday. Davis Thames said Ksi Lisims expects to be able to announce … Read more

THE SHUFFLE: N.S. Premier Tim Houston Adds Four New Ministers in Cabinet Shuffle Including Replacing Himself as Energy Minister

May 28, 2026May 28, 2026 by The Canadian Press

Nova Scotia Premier Tim Houston says he is relinquishing the energy minister role he gave himself as part of his push to turn the province into an energy superpower.
The premier announced the move as part of a larger cabinet shuffle on Wednesday as he…

STUDY – SERIOUS CHALLENGES: Canada’s Combined Federal-Provincial Government Debt Estimated to Surpass $2.4 Trillion in 2025/26

May 28, 2026May 28, 2026 by EnergyNow Media

By Jake Fuss The Growing Debt Burden for Canadians: 2026 Edition Budget deficits and increasing debt have become serious fiscal challenges facing the federal and many provincial governments. Since 2007/08, combined federal and provincial net debt (inflation-adjusted) has nearly doubled from $1.24 trillion to a projected $2.44 trillion in 2025/26. Between 2019/20 (the last year … Read more

Government of Newfoundland and Labrador Seeks New Deal for Churchill Falls Electricity Generation – Atlantica Centre For Energy

May 28, 2026May 28, 2026 by EnergyNow Media

On May 19, 2026, the Government of Newfoundland and Labrador released findings from the Churchill River Independent Review Committee on the Memorandum of Understanding (MOU) signed between Newfoundland & Labrador Hydro and Hydro-Quebec in December 2024 regarding the future of electricity generation on the Churchill River. The Independent Review Committee’s Report: Creating Long-Term Value from the Churchill … Read more

B.C.’s REALITY: ‘Nobody Knows Exactly What Rules They’re Playing By’: A Northwestern B.C. MLA on Why Investment is Stalling

May 28, 2026May 28, 2026 by EnergyNow Media

Claire Rattée says communities from Terrace to Kitimat are ready to grow — but unclear policies and permitting delays are getting in the way By Ian Biana Claire Rattée, MLA for Skeena By Resource Works More News and Views From Resource Works Here Claire Rattée represents a vast and diverse region in northwestern British Columbia. … Read more

PIPELINE ASSURANCE NEEDED: Canada’s South Bow Delays Keystone XL Restart Until US Presidential Permit is Assured

May 29, 2026May 28, 2026 by EnergyNow Media

South Bow will not proceed with a partial revival of the Keystone XL pipeline until it has proof that a U.S. presidential permit is “durable,” the pipeline operator’s CEO, Bevin Wirzba, said on Thursday at the Energy Roundtable conference in Calgary, Canada. The Alberta-to-Wyoming pipeline, proposed by South Bow and its U.S. partner Bridger … Read more

Why LNG Offtake Agreement with Germany is a Big Deal- Resource Works

May 28, 2026 by EnergyNow Media

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By Nelson Bennett ‘Canada and British Columbia are open for business’ — Natural Resources Minister Tim Hodgson. | Nelson Bennett Photo By Resource Works More News and Views From Resource Works Here Reporters covering this morning’s press conference on a new 20-year offtake agreement between Ksi Lisims LNG and Germany’s SEFE might have wondered what … Read more

Tamarack Valley Energy Ltd. Announces Sale of Charlie Lake Assets, Transition to Pure Play Clearwater Producer and 25% Dividend Increase

May 27, 2026 by EnergyNow Media

CALGARY, AB, May 27, 2026 /CNW/ – Tamarack Valley Energy Ltd. is pleased to announce it has entered into a definitive purchase and sale agreement with an arm’s-length counterparty to sell its Charlie Lake assets for cash consideration of $804.0 million, before closing adjustments (the “Transaction”). Net proceeds from the divestiture will initially be directed to eliminate Tamarack’s net … Read more

Petrus Resources Announces Monthly Activity Update

May 27, 2026 by EnergyNow Media

CALGARY, Alberta, May 27, 2026 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to announce the most recent version of the Company’s monthly activity update can be found on the Company’s website at https://www.petrusresources.com/monthlyupdates. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and … Read more

Alberta Premier Wins Standoff with Party Over Position on Provincial Separation Vote

May 28, 2026May 27, 2026 by The Canadian Press

A standoff between Premier Danielle Smith and her own United Conservative Party on the issue of separation is over — and the premier has won.
Premier Smith and party president Rob Smith had been at odds over where they stand on Alberta staying in Cana…

Canada Secures First European LNG Deal

May 27, 2026 by EnergyNow Media

VANCOUVER, BC, May 27, 2026 /CNW/ – In an uncertain and rapidly shifting global economy, Canada is diversifying our trading partners and securing access to new markets as part of our mission to double non-U.S. trade. We are acting with urgency to retool our economy, get major projects built, and position Canada as a trusted energy supplier to … Read more

SECURE Shareholders Overwhelmingly Approve Transaction With GFL Environmental

May 27, 2026 by EnergyNow Media

Approximately 79% of votes cast at the Meeting were voted in favour of the Transaction CALGARY, AB, May 27, 2026 /CNW/ – SECURE Waste Infrastructure Corp. (“SECURE” or the “Corporation”) (TSX: SES) announced that SECURE shareholders (“Shareholders”) have overwhelmingly voted in favour of the previously announced transaction (the “Transaction”) with GFL Environmental Inc. (“GFL”) at the Corporation’s … Read more

Iran Could Open Strait of Hormuz Within a Month if Terms Agreed, State TV Says

May 27, 2026 by EnergyNow Media

(Reuters) – Tehran would restore shipping through the Strait of Hormuz to pre-war levels within a month in a framework deal with the U.S. to also include withdrawing U.S. forces from Iran’s vicinity, Iranian state television reported on Wednesday. The report said the U.S. would end a naval blockade of Iranian shipping, citing a memorandum … Read more

Open Interest in Natural Gas and Power on ICE Hits Record in May

May 27, 2026 by EnergyNow Media

May 27 (Reuters) – Intercontinental Exchange, one of the world’s biggest operators of trading platforms, reported on Wednesday record liquidity across its global natural gas and power markets, including ‌for North American natural gas. The impact of the Iran war, which has led to the effective closure of the Strait of Hormuz, has led to … Read more

Time-to-Power Gap: Big Generation’s Achilles’ Heel in the AI Data Center Race

May 27, 2026 by EnergyNow Media

Delayed grid infrastructure and turbine backlogs leave immediate power demand unmet CALGARY, Alberta (May 27, 2026) — Enverus Intelligence® Research (EIR), a subsidiary of Enverus, the leading energy data analytics platform, has released its latest report, Time to Power | Big Generations’ Achilles’ Heel, highlighting how speed-to-power constraints are reshaping competition to supply electricity for AI-driven data … Read more

The Deal Examined: German Utility SEFE to Buy One Million Yonnes of LNG Per Year From Ksi Lisims Project

May 28, 2026May 27, 2026 by The Canadian Press

A German utility has signed a long-term agreement to buy one million tonnes of liquefied natural gas per year from the yet-to-be-built Ksi Lisims project in northern British Columbia as European countries look to lock down reliable fuel supplies in a …

Iran Says Draft Deal with US Would Reopen Hormuz Shipping, End Naval Blockade

May 27, 2026 by EnergyNow Media

Iran’s state TV said Tehran had obtained a draft of an initial, unofficial framework for a memorandum of understanding with the United States on ending their conflict. Under the framework, Iran would restore commercial shipping through the Strait of Hormuz to pre-war levels within a month, while the United States would withdraw military forces from … Read more

WINNERS & LOSERS: Iran War Splits Global Markets Into Clear Winners and Losers

May 27, 2026 by EnergyNow Media

Three months since the Iran war began, persistently high oil prices have policymakers grappling with renewed inflation fears, while sliding currencies are a headache for some Asian countries. But the conflict has boosted other assets, especially oil, and the dollar’s credentials as a safe-haven. Here’s a look at some stand-out winners and losers. OIL’S … Read more

Kimmeridge comments on Advantage Energy’s return of capital framework

May 27, 2026 by EnergyNow Media

NEW YORK, May 27, 2026 /PRNewswire/ — Kimmeridge, an alternative asset manager focused on the energy sector and the beneficial owner of approximately 7% of the outstanding common shares of Advantage Energy Ltd. (TSX: AAV) (“Advantage” or the “Company”), today issued the following statement regarding Advantage’s announced return of capital framework. Mark Viviano, Managing Partner at Kimmeridge, … Read more

Prospera Energy Announces Q1 2026 Financial Results

May 27, 2026 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – May 27, 2026) – Prospera (TSXV: PEI) (OTC Pink: GXRFF) (“Prospera“, “PEI“, the “Corporation“, or the “Company“) is pleased to announce its operational and financial results for the three months ended March 31, 2026. The quarter combined three storylines that, taken together, reposition the Corporation for the Luseland development program now underway: … Read more

Oil Prices Drop as Traders Look for US-Iran Talks Progress

May 27, 2026 by EnergyNow Media

(Reuters) – Oil prices fell around 3% on Wednesday as traders weighed up progress in U.S.-Iran peace talks against renewed hostilities. Brent crude futures fell $2.67, or 2.68%, to $96.91 ‌a barrel by 1139 GMT, while U.S. West Texas Intermediate (WTI) crude lost $3.43, or 3.65%, to $90.46 a barrel. The losses dented Brent’s gains … Read more

FEATURE: Dow Canada President ‘Extremely Proud’ of $10 Billion Alberta Expansion

May 27, 2026 by EnergyNow Media

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$10B complex to produce one of the world’s most widely used recyclable plastics By Will Gibson Dow Canada president Skya Kruithof. Photo for the Canadian Energy Centre Dow Canada president Skya Kruithof has spent much of his career in the United States, but says that as a Canadian, he’s “extremely proud” of what the company … Read more

New Brunswick Tables Bill to Create Energy Advocate to Represent Residents, Small Businesses

May 27, 2026May 27, 2026 by The Canadian Press

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New Brunswick’s government says the new consumer advocate office it will create will better represent residents and small businesses at the province’s power rate-setting body.
The Liberals on Tuesday tabled a pair of bills that would create an energy…

Germany-Canada LNG Deal Would Bolster Investment Case for Ksi Lisims: David Eby

May 28, 2026May 27, 2026 by The Canadian Press

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A deal to supply Canadian liquefied natural gas to Germany would be a key step toward the partners behind the Ksi Lisims project deciding to go ahead with their $10-billion West Coast plant and export terminal, British Columbia Premier David Eby said …

PROGRESS: Nova Scotia Premier Says Province is in Talks With Onshore Natural Gas Proponent

May 27, 2026May 27, 2026 by The Canadian Press

Nova Scotia’s premier says his government is about to start negotiations with a company that could frack for natural gas in the province.
Tim Houston told reporters Monday that seven companies responded to a call for firms interested in natural gas ex…

Germany, Canada to Sign Major LNG Deal as Europe Seeks Energy Security

May 27, 2026May 27, 2026 by EnergyNow Media

The gas will be shipped from the Ksi Lisims project, a $10 billion floating export facility that has already received regulatory approval By Brian Platt Canada is set to announce a deal to supply Germany with liquefied natural gas from a planned export facility on the coast of British Columbia, according to people familiar with … Read more

GONE! Anti-Oil & Gas Activist Steven Guilbeault Announces He Will Resign as a Member of Parliament This Summer

May 27, 2026May 26, 2026 by The Canadian Press

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Former cabinet minister Steven Guilbeault is set to resign as a member of Parliament, sources have told The Canadian Press.
Guilbeault is expected to inform the Liberal caucus on Wednesday.
Guilbeault has become increasingly disillusioned in recent mo…

Iran Would Open Strait of Hormuz 30 Days After Peace Deal – Source

May 26, 2026 by EnergyNow Media

(Reuters) – The U.S. and Iran are discussing a plan to open the Strait of Hormuz about 30 days after the two countries reach a deal to end hostilities, the Nikkei newspaper reported on Monday citing a Middle East diplomatic source. Iran would proceed to clear mines from the strait during a 30-day window following … Read more

Lycos Energy Inc. Announces Q1 2026 Results and Operations Update

May 26, 2026 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – May 26, 2026) – Lycos Energy Inc. (TSXV: LCX) (“Lycos” or the “Company“) is pleased to announce its operating and financial results for the three months ended March 31, 2026. Selected financial and operating information is outlined below and should be read with Lycos’ unaudited condensed interim consolidated financial statements and related management’s … Read more

Exxon, ConocoPhillips Seek Safeguards to Return to Venezuela

May 26, 2026 by EnergyNow Media

By Kevin Crowley, Jennifer A Dlouhy, Fabiola Zerpa, and David Wethe Exxon Mobil Corp. and ConocoPhillips are pushing for durable contract terms and a way to resolve billions of dollars owed to them as they consider re-entering Venezuela after exiting the country two decades ago. Both companies are in active negotiations with President Delcy Rodríguez’s … Read more

NO PATHWAYS, NO PIPELINE: How the Massive Carbon Storage Project Would Work, if Built

May 27, 2026May 26, 2026 by The Canadian Press

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There’s no pipeline without Pathways and no Pathways without a pipeline.
That was the quid pro quo spelled out in a sweeping energy accord signed between Alberta and Ottawa in November.
Alberta is spearheading early planning and regulatory work on a…

Northern Oil & Gas Reaches First Deal for Canadian Energy Assets

May 26, 2026 by EnergyNow Media

US energy firm Northern Oil & Gas Inc. agreed to acquire a stake in Canadian oil and gas properties, its first foray into international assets. Northern will pay Parallax Energy Operating Inc. C$350 million ($254 million) in cash and stock for a 25% interest in oil-producing properties and tens of thousands of acres in the Duvernay shale basin in … Read more

NOG Announces Strategic Entry into Canada with Light Oil Duvernay Acquisition; Takes 25% Undivided Stake in Assets with Long-Term Joint Development Agreement

May 26, 2026May 26, 2026 by EnergyNow Media

HIGHLIGHTS NOG makes strategic entry into Canada with inventory-rich light oil acquisition in the Duvernay Shale for a CA$350 million (~US$259 million) initial unadjusted purchase price Operated ‘buy-down’ acquisition of a 25% non-operated stake in light oil producing properties with significant undeveloped inventory in Alberta, Canada in the Duvernay East Shale Basin operated by Parallax … Read more

PEACE IN PERIL: Global Oil Price Gains 2% as US Military Strikes on Iran Add to Peace Deal Uncertainty

May 26, 2026 by EnergyNow Media

Summary Brent rises, WTI falls owning to settlement price mismatch US Secretary of State says negotiating deal could ‘take a few days’ Some oil, LNG tankers have passed through strait in recent days, shipping data shows (Reuters) – Brent crude oil rose more than 2% on Tuesday after the U.S. military carried out strikes in Iran, … Read more

OPEN TO CONVERSATIONS: Alberta Premier ‘Open to Conversations’ on Potential Incentives to Stimulate Investment Into New Oilsands Projects

May 26, 2026May 26, 2026 by EnergyNow Media

If this was a poker game, the stakes are large and the next few hands will be essential in the coming weeks By This Article and More From Chris Varcoe Here Original: https://financialpost.com/opinion/columnists/varcoe-danielle-smith-open-conversations-stimulating-investment-new-oilsands-projects/wcm/3c2c125b-871f-458f-bd28-e5ad3bd08df6 It was almost 30 years ago when Jean Chretien’s federal government reached a historic understanding with Ralph Klein’s Alberta government and the … Read more

Oil Sands Firms Can Afford Carbon Capture, Hodgson Says

May 26, 2026May 26, 2026 by EnergyNow Media

The project spearheaded by five of the largest oilsands companies would capture carbon dioxide and transport it more than 400 kilometres By Brian Platt Energy Minister Tim Hodgson said he’s “highly confident” that Alberta oil sands companies can absorb the cost of building carbon capture, despite their protests that Canada’s climate rules hurt their global … Read more

Trump Links Abraham Accords to Any Iran Deal

May 25, 2026 by EnergyNow Media

(Reuters) – U.S. President Donald Trump said on Monday that he asked Saudi Arabia, Qatar, Pakistan, Turkey, Egypt and Jordan to join the Abraham Accords en masse to normalize relations with Israel as he tries to negotiate an agreement to end the war with Iran. Pakistan rejected the proposal. None of the other countries has … Read more

Carney Says Alberta Vote on Separation Could Become ‘Dangerous Bluff’

May 26, 2026May 25, 2026 by EnergyNow Media

(Reuters) – Canadian Prime Minister Mark Carney said on Monday that Alberta’s planned vote on potentially breaking away from the rest of Canada, while not binding, could become “a dangerous bluff” and that asking such questions was “not helpful.” The oil-rich province said last week it would proceed with a non-binding referendum in October … Read more

Dalhousie University Launches Second Call for Participation in the Subsurface Energy R&D Investment Program

May 25, 2026 by EnergyNow Media

May 25, 2026 (HALIFAX, NS) – Today Dalhousie University is inviting industry to respond to a second Call for Participation for the Nova Scotia Subsurface Energy Research and Development Investment Program. The program is a provincial initiative to help understand the potential of Nova Scotia’s onshore natural gas deposits and support informed, evidence-based energy and … Read more

COMMENTARY: Team Canada Wants Team Players

May 25, 2026 by EnergyNow Media

Mark Carney warns against footdragging in nation building By Nelson Bennett As Canada embarks on a nation-building exercise akin to China’s Belt and Road Initiative, there will be plenty of naysayers and NIMBYs arguing why something can’t or shouldn’t be built. Prime Minister Mark Carney doesn’t want to hear from them. “We don’t want to … Read more

COMMENTARY: Alberta Government Has a Decades-Old Spending Problem—and it’s Time to Fix It

May 25, 2026 by EnergyNow Media

By Tegan Hill The spike in oil prices fuelled by the Iran war and closing of the strait of Hormuz, a vital energy corridor used to transport one-fourth of the world’s seaborne oil, may help temper the Alberta government’s $9.4 billion budget deficit—or even eliminate it. But that won’t solve Alberta’s budget problem; it will only … Read more

Lotus Creek Exploration Inc. Announces April Operational Update to Shareholders

May 25, 2026 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – May 25, 2026) – Lotus Creek Exploration Inc. (TSXV: LTC) (“Lotus Creek” or the “Company”) is pleased to announce that the April Operational Update to Shareholders has been posted to the Company’s website and can be accessed via the following link: April Operational Update FOR FURTHER INFORMATION ABOUT LOTUS CREEK PLEASE CONTACT: … Read more

Pembina Pipeline Sanctions Heartland Extraction Plant Strengthening its Leading NGL Franchise

May 25, 2026 by EnergyNow Media

This news release refers to certain financial measures and ratios that are not specified, defined or determined in accordance with Generally Accepted Accounting Principles (“GAAP”), including earnings before interest, taxes, depreciation and amortization (“EBITDA”) build multiple. For more information see “Non-GAAP and Other Financial Measures” herein. CALGARY, Alberta–(BUSINESS WIRE)–Pembina Pipeline Corporation (“Pembina” or “the Company”) (TSX: … Read more

Number of Ships Transiting Strait of Hormuz will Return to Pre-War Level in 30 days Under Potential deal, Tasnim Says

May 25, 2026 by EnergyNow Media

A potential deal between Iran and the United States stipulates that the number of ships able to transit the Strait of Hormuz would return to the pre-war level within 30 days, according to Iran’s semi-official Tasnim news agency. The naval blockade must be completely lifted within 30 days according to a memorandum of understanding, … Read more

What Needs to be Agreed to End the Iran War?

May 25, 2026 by EnergyNow Media

Iran’s foreign ministry spokesperson said on Monday that conclusions have been reached on many topics discussed in a potential 14-point memorandum of understanding, but this does not mean a deal to end the Middle East war is imminent. The framework is focused on an end to the war and a U.S. naval blockade in … Read more

Pembina Pipeline Going Ahead with $570M Heartland Extraction Project

May 25, 2026May 25, 2026 by The Canadian Press

Pembina Pipeline Corp. says it’s going ahead with its $570-million Heartland extraction plant project.
The 750-million-cubic-feet-per-day straddle plant will extract natural gas liquids under Pembina’s extraction rights on the Yellowhead Pipeline.
It …

Oil and LNG Tankers Exit Hormuz, Heading for Pakistan and China

May 25, 2026 by EnergyNow Media

Summary Washington cites progress in Iran conflict resolution Trump says there is no rush for Iran deal, US blockade stays Two LNG, one crude tanker cross Strait in recent days, shipping data show (Reuters) – Oil prices fell more than 4% to two-week lows ‌on Monday as optimism grew that the United States and Iran … Read more

Alberta Separation Vote: ANGUS REID – Three-in-Five Say They’d Vote in October to Stay, But Half Say the Question is “Confusing”

May 25, 2026 by EnergyNow Media

May 25, 2026 – A long-simmering “what if” has become a reality in Alberta, with federalists and separatists now on a five-month clock to convince Albertans to either stay in Canada or “start a legal process” for a binding referendum on separation. The UCP government led by Premier Danielle Smith will put a 37-word question … Read more

Oil Slips to Two-Week Low as US and Iran Seen Moving Closer to Deal

May 25, 2026 by EnergyNow Media

Westech Industrial to Showcase Oil & Gas Solutions at the 2026 Saskatchewan Oil & Gas Show

May 25, 2026 by EnergyNow Media

Westech Industrial is pleased to be attending the 2026 Saskatchewan Oil & Gas Show in Weyburn, Saskatchewan, on June 3 and 4, where industry professionals from across the region will gather to explore technologies, services and solutions for the energy sector. For energy producers, service companies and industrial operators, trade shows like this provide a … Read more

Muddy Boots + 8am Solutions Integration: Streamline Vendor Communication. Improve Compliance Visibility.

May 25, 2026 by EnergyNow Media

Managing vendor communication shouldn’t be manual. With our new integration with 8am Solutions, Muddy Boots clients can now access an up-to-date list of vendor personnel directly within Muddy Boots, complete with vendor statuses. No more manually entering email addresses. No more guessing who’s approved to complete work. Just select, send, and stay connected. How It … Read more

WATCH: In Conversation with Stéphane Charest, Vice-President, Energy and Chemical Processes at BBA

June 1, 2026May 25, 2026 by EnergyNow Media

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VISIT BBA HERE Brief Overview of BBA BBA is a Canadian-based, employee-owned engineering consulting firm that has provided specialized expertise to the energy and natural resources sectors for over 45 years. Known for its technical expertise and high-level engineering, the firm focuses on developing sustainable, reliable, and innovative solutions. Key Aspects of BBA Consultants: Core … Read more

Six Changes Governing Climate Policy in Canada – See Them Here

May 25, 2026May 25, 2026 by EnergyNow Media

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Why a comprehensive review of national energy goals is necessary to secure Canada’s economic and sovereign future By Jim Rushton Premier David Eby and federal Energy and Natural Resources Minister Tim Hodgson announce a new agreement tied to LNG Canada Phase 2 and major resource development projects in British Columbia. | Province of British Columbia … Read more

OPINION: Carney-Smith Agreement Delivers Another Blow to Alberta’s Oil and Gas Sector

May 25, 2026May 25, 2026 by EnergyNow Media

By Kenneth P. Green Last year, the Carney government and Smith government in Alberta adopted a memorandum of understanding (MOU) to “strengthen energy collaboration and build a stronger, more competitive, and more sustainable economy.” That MOU recently took a large step forward with an additional agreement clarifying elements of last year’s pact. In broad strokes, the original MOU struck … Read more

Carney Stresses Importance of Alberta After Separation Vote Announcement – “We’re Renovating the Country as we Go. And Alberta being at the Center of That is Essential,”

May 25, 2026May 25, 2026 by EnergyNow Media

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Prime Minister Mark Carney on Friday stressed Alberta’s importance to Canada, a day after the oil-rich province announced a non-binding referendum on whether its residents want to remain in the country. The largely symbolic move could pose a major challenge for Carney, who is pushing for national unity in the face of U.S. tariffs and … Read more

U.S. Oil Operators in North Dakota Cautious on Drilling Despite Price Rise

May 23, 2026May 23, 2026 by EnergyNow Media

(Reuters) – U.S. oil operators in North Dakota are moving cautiously on ramping up drilling despite a sharp rise in oil prices driven by the Iran war, as companies wait to see if higher prices will last long enough to justify new investment, the state’s regulator said on Friday. While elevated prices have improved near-term … Read more

Barclays Keeps $100 Brent Oil Forecast for 2026 But Risks Skew Higher

May 23, 2026May 23, 2026 by EnergyNow Media

Barclays is maintaining its 2026 average Brent crude oil price forecast at $100 a barrel though risks are skewing higher, the bank said in a note on Friday.In trading on Friday, Brent futures were at about $105 a barrel as investors doubted the prospects of a breakthrough in U.S.-Iran peace talks, while the key Strait … Read more

WARMING UP TO A PIPELINE: Enbridge Warms Up to New Alberta-to-B.C. Oil Pipeline After Carbon Compromise

May 25, 2026May 23, 2026 by EnergyNow Media

CEO says he ‘definitely would consider’ backing a new pipeline to Canada’s west coast By Thomas Seal and Katie Greifeld Enbridge Inc. “definitely would consider” backing a new oil pipeline to Canada’s west coast, its chief executive said, giving an early vote of confidence hours after Prime Minister Mark Carney signed an energy deal with … Read more

The Key Sticking Points for a US-Iran Peace Deal

May 23, 2026May 23, 2026 by EnergyNow Media

By Patrick Sykes The US and Iran have been locked in a stalemate since agreeing to a ceasefire in April. They’ve been unable to reach a deal to end a monthslong war that has killed thousands of people and sparked a global energy crunch. Tensions remain high as Iran maintains a tight grip on shipping … Read more

US Drillers Add Oil/Gas Rigs for Fifth Week in a Row, Says Baker Hughes

May 23, 2026May 23, 2026 by EnergyNow Media

(Reuters) – U.S. energy firms this week added oil and natural gas rigs for the fifth week in a row for the first time since February 2025, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose by seven … Read more

OPEC+ Leaders Expected to Up July Oil Output Target Despite Hormuz Disruption, Sources Say

May 23, 2026May 23, 2026 by EnergyNow Media

By Ahmad Ghaddar and Olesya Astakhova Seven members likely to raise target by 188,000 bpd, sources say Most cannot meet targets due to Hormuz closure Group-wide OPEC+ policy expected to remain unchanged LONDON, May 21 (Reuters) – Seven leading OPEC+ oil-producing countries ‌will likely agree to a modest hike to July output when they meet … Read more

14 Liberal MPs Pen Letter to Carney Raising Concerns Over Environmental Backslide Over Potential Pipeline – MPs Do Not Want to be Identified

May 22, 2026 by EnergyNow Media

Letter was sent to PM prior to latest pipeline agreement with Alberta By Valérie Gamache Liberal MP Steven Guilbeault may be the most outspoken, but he’s not the only member of his party unhappy with Prime Minister Mark Carney’s environmental rollbacks. Carney signed a new agreement with Alberta Premier Danielle Smith last week that could … Read more

Ukraine Attacked Russian Oil Refinery in Yaroslavl, Zelenskiy Says

May 22, 2026 by EnergyNow Media

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May 22 (Reuters) – Ukrainian forces have attacked a Russian oil refinery in Yaroslavl, some 700 km (435 miles) from the ‌Ukrainian border, President Volodymyr Zelenskiy said on Friday, the latest in a series of strikes by Kyiv on oil facilities in Russia. “In particular, overnight, the Defense Forces of Ukraine operated against targets associated … Read more

Oil Prices Settle Higher on Slow Progress in US-Iran Peace Talks

May 22, 2026 by EnergyNow Media

By Erwin Seba Rubio says more work needed in Iran talks despite some progress Iran, US maintain opposed on Tehran’s uranium, Strait of Hormuz OPEC+ expected to increase July oil output, sources say WTI, Brent headed for weekly losses HOUSTON, May 22 (Reuters) – Oil prices climbed on Friday, as investors worried that the U.S. … Read more

Goldman Sachs Sees China’s Natgas Destocking Boosting LNG Imports Ahead of Winter

May 22, 2026 by EnergyNow Media

(Reuters) – China’s gas destocking signals stronger LNG imports ahead of winter, reinforcing upside risks to European gas prices, particularly if disruptions to Hormuz energy flows persist, Goldman Sachs said in a note on Thursday. The bank said that China’s April gas demand was marginally down year-over-year at 379 billion cubic meters per year (Bcm/y) … Read more

Higher Sales at Gas Stations as Prices Rise Boost Retail Sales in March

May 22, 2026May 22, 2026 by The Canadian Press

Retail sales rose 0.9 per cent to $72.7 billion in March as higher gas prices boosted overall sales for the month, Statistics Canada said on Friday.
Sales at gas stations and fuel vendors rose 12.4 per cent as the attack on Iran by the U.S. and Israel…

Oil Prices Rise as Investors Doubt Breakthrough in US-Iran Peace Talks

May 22, 2026 by EnergyNow Media

Summary Iran, U.S. maintain opposing stances on Tehran’s uranium stockpile, Strait of Hormuz OPEC+ leaders expected to up July oil output target, sources say WTI, Brent headed for weekly losses (Reuters) – Oil prices climbed on Friday as investors doubted the prospect of a ‌breakthrough in U.S.-Iran peace talks, but held on track for a … Read more

Canada Needs Transparent, Consistent Energy Policies to Attract Investment

May 22, 2026 by EnergyNow Media

Gary Mar: Canada has spent much of the past decade sending mixed signals to investors interested in major energy infrastructure projects By Gary Mar Canada has spent much of the past decade sending mixed signals to investors interested in major energy infrastructure projects. Northern Gateway was approved and then cancelled. Energy East was abandoned after … Read more

FEATURE: Welcome to the Most Important Oil Town in Canada — Population Only 623

May 23, 2026May 22, 2026 by EnergyNow Media

Without Hardisty, Alta., there would be no gas for your car, asphalt for roads, jet fuel for jaunts or billions in oil revenues flowing to Alberta and Ottawa. It might be a tiny dot on the map, but its impact on Canada’s welfare is massive By Joe O’Connor This story originally appeared in … Read more

COMMENTARY: Offshore Petroleum Bid Good News for Nova Scotia—But Should Be Just the Beginning

May 22, 2026May 22, 2026 by EnergyNow Media

By Alex Whalen Last week, Nova Scotia’s offshore energy regulator granted Inceptio Oil and Gas Ltd., a British energy company, the right to explore for oil and gas in two areas of the province’s ocean floor. Premier Tim Houston has emphasized the need for greater development of Nova Scotia’s natural resources to drive income growth … Read more

How Technology, Engineering, and Monitoring Have Transformed Pipelines to One of the Safest Forms of Energy Transportation

May 22, 2026May 22, 2026 by EnergyNow Media

Over the last 30 years, North America’s oil and natural gas pipeline industry has undergone a major technological transformation. Modern pipelines are dramatically safer, more durable, and more closely monitored than the systems built in the mid-20th century. Advances in metallurgy, welding, leak detection, automation, digital monitoring, and integrity management have significantly reduced the risk … Read more

REALITY: Individual Political Candidates Motivate Only 6% of Voters, Meaning Floor-Crossing MPs Should Face Byelections for Democratic Legitimacy

May 22, 2026 by EnergyNow Media

By Nathan Cullen Why Floor Crossing Reveals the Character Flaws of Our Politics and Makes Us All a Little More Cynical Politicians mistakenly credit their merit alone for their electoral victories, which can often become a self-serving myth. They forget that politics is a team activity. Most voters choose the party, leader, or broader issues, … Read more

HIGH ENERGY STAKES – Alberta Government Will Hold Non-Binding Referendum on Staying in Canada, Premier Says

May 22, 2026May 22, 2026 by EnergyNow Media

Canada’s oil-rich province of Alberta will proceed with a non-binding referendum in October on whether its residents want to remain part of Canada, Premier Danielle Smith said Thursday, a largely symbolic move that could still pose a major challenge for Prime Minister Mark Carney. The ballot box question will not trigger separation, Smith said, but … Read more

COMMENTARY: Ottawa-Alberta Deal Continues to Strangle Energy Sector With Red Tape – Fraser Institute

May 22, 2026May 22, 2026 by EnergyNow Media

By Julio Mejía and Elmira Aliakbari The Smith and Carney governments recently reached an agreement on the next steps for a potential new pipeline that could connect Alberta oil and gas to Asian markets. But the price Alberta will pay is steep: a higher industrial carbon tax and renewed support for the costly Pathways carbon-capture project, … Read more

Alberta is to Vote on Whether to Hold a Separation Referendum. Here’s How We Got Here

May 22, 2026May 21, 2026 by The Canadian Press

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Premier Danielle Smith announced Thursday that Albertans will be going to the polls Oct. 19 to vote on whether there should be a future binding referendum on the province quitting Canada.
Here’s a timeline of pivotal moments in Alberta’s separatism de…

ConocoPhillips Says Venezuela’s Bid to Woo Oil Firms Falls Short

May 21, 2026 by EnergyNow Media

By Jennifer A Dlouhy The head of ConocoPhillips said Venezuela’s initial steps to attract foreign oil companies that could help revive the nation’s production are falling well short of what’s needed to convince firms to invest. The recent changes to Venezuela’s oil law intended to entice foreign drillers still give the government wide latitude to … Read more

Canada’s Climate for Energy Investment Improving, Executives Say

May 22, 2026May 21, 2026 by EnergyNow Media

(Reuters) – Canada has become more attractive for oil and gas investment under Prime Minister Mark Carney although the cost of doing business remains a challenge that could limit long-term energy sector growth, industry executives said on Thursday. Oil and gas companies, which have long complained that onerous federal regulations and environmental policies in Canada … Read more

Rubio Says a Hormuz Tolling System Would Make Iran Diplomatic Deal Unfeasible

May 21, 2026 by EnergyNow Media

(Reuters) – A diplomatic deal between the United States and Iran would be unfeasible if Tehran implemented a tolling system in the Strait of Hormuz, U.S. Secretary of State Marco Rubio told reporters on Thursday. “No one in the world is in favor of the tolling system. It can’t happen. It would be unacceptable. It … Read more

PESPECTIVE: A Year’s Worth of Canadian Energy Policy in 10 Days – Resource Works

May 21, 2026 by EnergyNow Media

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Karen Graham on how a pragmatic new approach from Ottawa may pressure British Columbia… By Karen Graham Karen Graham, Chair, Resource Works Advisory Council By Resource Works More News and Views From Resource Works Here Between May 7 and 17, Canadians were presented with a head-spinning set of policy changes (by usual government standards) regarding … Read more

REGISTER NOW: Canada’s Energy Industry Meets Here | Global Energy Show, June 9–11, Calgary

May 22, 2026May 21, 2026 by EnergyNow Media

Canada’s Energy Moment Has Arrived With Canada’s energy agenda moving faster than it has in a generation, the past month alone tells the story. A federal-provincial pipeline agreement to the Pacific coast, Enbridge’s $4 billion Sunrise Expansion approved, Shell’s $22 billion acquisition of ARC Resources bolstering LNG Canada Phase 2, and Keyera’s $5.3 billion midstream … Read more

‘Pack Your Patience’: Fuel Shortages Keeping Canadians’ Summer Travel Plans in Flux

May 21, 2026May 21, 2026 by The Canadian Press

With airline tickets growing more expensive and customers facing the risk of cancelled flights, insurance experts are advising those with summer travel plans to stay on their toes.
Air carriers are continuing to grapple with sky-high jet fuel costs, a…

Oil Market Clock is Ticking as Supply Crunch Looms: Bousso

May 21, 2026 by EnergyNow Media

The oil industry has shown remarkable resilience in the face of the largest energy supply shock in modern history, pulling multiple levers to cushion the blow of the Iran war. But barring a breakthrough in peace talks, the global market may be only months away from a breaking point. The world’s biggest and most liquid … Read more

Oil Market Could Hit ‘Red Zone’ in July-August, IEA Chief Says

May 21, 2026 by EnergyNow Media

By Reuters (Reuters) – The start of peak summer fuel demand combined with the lack of ‌new oil exports from the Middle East and depleting stocks could push the oil market into the “red zone” in July-August, the head of the International Energy ⁠Agency said on Thursday without elaborating. The world entered the oil supply crisis … Read more

No Full Hormuz Flows Until First Half of 2027, UAE’s Oil Giant Says

May 21, 2026 by EnergyNow Media

Summary ADNOC chief Jaber’s outlook among most pessimistic for return to normal Hormuz traffic Mideast war and Iran blockade have disrupted one-fifth of global oil flows Jaber urges renewed investment to strengthen global energy supply chains (Reuters) – Full oil flows through the Strait of Hormuz will not return before the first or second … Read more

Oil Rises Over 1% After Reuters Report Signals Complication to US-Iran Peace Talks

May 21, 2026 by EnergyNow Media

Summary Supreme Leader says enriched uranium must stay in Iran, Iranian sources say Pakistan steps up diplomatic bid to get US-Iran peace talks on track US withdrew biggest oil drawdown on record from SPR last week Europe’s economy hit hard as energy price shock stifles demand (Reuters) – Oil prices rose over 1% on Thursday … Read more

NOW YOU KNOW: Greenfield vs Brownfield Energy Investments – What’s the Difference?

May 22, 2026May 21, 2026 by EnergyNow Media

In the oil sands industry, a greenfield investment refers to building a brand-new production facility from scratch on undeveloped land, whereas a brownfield investment involves expanding, altering, or upgrading an existing, operational facility. Direct Comparison of Oil Sands Investments Feature Greenfield Investment Brownfield Investment Definition Building a new facility from scratch. Expanding or modifying an … Read more

IT’S NOT KITTENS & RAINBOWS: Anyone Hoping Everything Would Make Sense After the May 15 MOU Announcement Will Be Disappointed – Jim Warren

May 22, 2026May 21, 2026 by EnergyNow Media

By Jim Warren The May 15 signing event for the updated pipeline MOU included the announcement of changes to the original November 27, 2025 agreement. Mainstream media personalities such as CBC Rosemary Barton have celebrated those changes, claiming they have advanced the noble cause of cooperative federalism. Everything is kittens and rainbows now thanks to … Read more

COMMENTARY: Moonscape No More—Sudbury’s Journey to Cleaner Air

May 21, 2026 by EnergyNow Media

By Annika Segelhorst and Elmira Aliakbari In 1971 and 1972, NASA sent some of its top astronauts to Sudbury, Ontario as part of its training for the Apollo missions. Why? Decades of air pollution had killed the area’s trees and grasses, exposing a unique crater geology and leaving Sudbury looking like a suitable substitute for the moon. Almost … Read more

Why Asia Needs More Canadian Oil, Not Just Natural Gas

May 21, 2026May 21, 2026 by EnergyNow Media

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Growing demand for heavy oil and LNG strengthens the case for more West Coast exports By Grady Semmens An oil tanker anchored outside the Westridge Marine Terminal in the Port of Vancouver, at the end of the Trans Mountain pipeline. CP Images photo Growing global demand for secure, reliable energy is creating a major opportunity … Read more

Tuktu Resources Ltd. Announces First Quarter 2026 Results

May 20, 2026 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – May 20, 2026) – Tuktu Resources Ltd. (TSXV: TUK) (“Tuktu” or the “Company“) is pleased to announce its financial and operating results for the three months ended March 31, 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 analysis … Read more

PERSPECTIVE: THE CANADA-ALBERTA MOU – Progress, Remaining Steps, Losers and Loose Ends Examined – Yogi Schulz

May 21, 2026May 20, 2026 by EnergyNow Media

by Yogi Schulz Alberta Premier Danielle Smith and Prime Minister Mark Carney signed an MOU Implementation Agreement on May 15, 2026, that outlines various commitments and a timeline for approval of the UCP government’s much-sought-after crude oil pipeline to the West Coast. The agreement also advances Carney’s dreams of pulling Canada out of the U.S. … Read more

Keyera, AltaGas and CN Partner to Build Strategic Canadian Infrastructure Rail Terminal

May 22, 2026May 20, 2026 by EnergyNow Media

Investment in ACE Rail Terminal to strengthen Canada’s energy competitiveness, expand access to global markets and support long-term economic growth CALGARY, AB, May 20, 2026 /CNW/ – Keyera Corp. (TSX: KEY) (“Keyera”), AltaGas Ltd. (TSX: ALA) (“AltaGas”) and CN (TSX: CNR) (NYSE: CNI) today announced plans to advance the Alberta Corridor Export (“ACE”) Rail Terminal Project (the “Project”), a strategic Canadian … Read more

COMMENTARY: Here’s How Carney Can Meaningfully Address Legitimate Frustrations of Albertans

May 20, 2026 by EnergyNow Media

By Tegan Hill Premier Danielle Smith and Prime Minister Mark Carney recently reached a deal on the memorandum of understanding (MOU), which addresses several damaging federal policies holding back Canada’s energy industry and sets the conditions for a west coast pipeline. At the same time, a recent court ruling struck down the petition to hold a separation referendum in … Read more

Qatari LNG Outage Shifts Global Gas Market Into Structural Deficit

May 20, 2026 by EnergyNow Media

Delayed Qatari capacity recovery is forecast to reshape LNG trade flows and energy security strategies worldwide CALGARY, Alberta (May 20, 2026) — Enverus Intelligence® Research (EIR), a subsidiary of Enverus, the leading energy data analytics platform, has released its latest report, Global Gas and LNG | Qatari Outage Fixes Oversupply, examining the long-term implications of the Qatar … Read more

Tankers Exit Strait of Hormuz With 6 Million Barrels of Crude Oil

May 20, 2026 by EnergyNow Media

By Florence Tan and Jonathan Saul Crude tanker sailings through strait still small – data Industry guidance shows high risks with every crossing Uncertainty remains over conditions in the Gulf SINGAPORE, May 20 (Reuters) – Three supertankers were crossing the Strait of Hormuz on Wednesday carrying oil bound for Asian markets, after waiting in the … Read more

Trump Blinks as Big, Bad Bond Market Bares its Teeth: McGeever

May 20, 2026 by EnergyNow Media

(Reuters) – U.S. President Donald Trump is discovering – yet again – just how unforgiving and powerful bond markets can be. A global selloff has swept through sovereign debt markets, as rising inflation has driven yields on long-dated bonds to their highest levels in decades. The 30-year U.S. Treasury yield on Wednesday hit 5.20%, the … Read more

Iran is Consolidating Control of Hormuz With Island Checkpoints, Diplomatic Deals – and Sometimes ‘Fees’

May 20, 2026 by EnergyNow Media

(Reuters) – The tanker crew gathered their courage and carefully navigated along a route designated by Iran, hugging the coastline and maneuvering their hulking vessel between island checkpoints through the Strait of Hormuz. The 330-metre-long Agios Fanourios I, laden with Iraqi crude oil and bound for Vietnam, had been bottled up off the coast of … Read more

New UAE Pipeline Bypassing Hormuz Now 50% Complete, ADNOC CEO Says

May 20, 2026 by EnergyNow Media

(Reuters) – A new crude oil pipeline that bypasses the Strait of Hormuz and which the United Arab Emirates began building last year is now 50% complete, the CEO of state oil giant ADNOC, Sultan Al Jaber, said on Wednesday. Iran has largely kept the waterway critical for global oil and gas supplies shut to … Read more

Saudi Arabia Crude Exports Fall to 4.974 mln bpd in March

May 20, 2026 by EnergyNow Media

(Reuters) – Saudi Arabia’s crude oil exports in March fell to 4.974 million barrels per day from 7.276 million bpd in Feb, official data showed on Wednesday. Monthly export figures are provided by Riyadh and other members of the Organization of the Petroleum Exporting Countries (OPEC) to the Joint Organizations Data Initiative (JODI), which published … Read more

Oil Prices Slump After Trump Comments While Analysts Point to Supply Crunch

May 20, 2026 by EnergyNow Media

Summary Trump and Vance talk up Iran deal prospects Another two oil tankers exit Strait of Hormuz Official U.S. stockpiles data due at 1430 GMT (Reuters) – Oil prices lost about 3% on Wednesday after U.S. President Donald Trump again asserted that the Iran war will end “very quickly”, though investors ‌remain wary about the outcome of peace … Read more

CARBON CAPTURE: Post-Combustion Carbon Capture Implications and Opportunities in Gas Fired Power Generation

May 20, 2026 by EnergyNow Media

Author: Clara Yuan (Process Engineer), Fluor Canada Ltd. Over the past several decades, implementing carbon capture technology as a form of emissions abatement has become an increasingly common consideration for many industries. This includes industries like power generation, which continue to rely on traditional fossil fuels based on the advantages they present over renewable energy … Read more

HOW KEYSTONE CAME BACK FROM THE DEAD – A Renewed Keystone XL Pipeline Could Deepen Canada’s Dependence on the U.S. Market

May 20, 2026May 20, 2026 by EnergyNow Media

A renewed Keystone XL pipeline could deepen Canada’s dependence on the U.S. market, not diversity exports By Daniel Trainer Original: financialpost.com/commodities/energy/oil-gas/how-keystone-came-back-from-the-dead Keystone XL was supposed to be dead. After years of political fights, legal challenges and environmental opposition, then-United States president Joe Biden revoked the cross border permit for the pipeline in 2021. TC Energy … Read more

COMMENTARY: “DECARBONIZED Oil” – Has the “Grand Bargain” Become Ottawa’s “Grand Ransom”? – William Lacey

May 20, 2026May 20, 2026 by EnergyNow Media

By William Lacey Decarbonizing a barrel has to be one of the dumbest phrases I have heard, especially when it doesn’t actually have anything to do with the barrel itself. We are the ONLY nation in the top 10 oil producers who has a self imposed carbon tax. Moreover, producers will pay to “decarbonize” their … Read more

Alberta’s Timing Targets for West Coast Pipeline are a ‘Best-Case Scenario’: CIBC Analysts

May 20, 2026May 20, 2026 by EnergyNow Media

The targeted timeline the Alberta government set out for construction to begin on a potential new West Coast oil pipeline is ambitious, with many obstacles yet to clear, analysts at CIBC World Markets wrote in a recent report. The province aims to submit a proposal to the federal major projects office by July 1, … Read more

3 MINUTE HISTORY CANADA – WATCH: Conquering the Rockies in 18 Months! The Original Trans Mountain Pipeline

May 20, 2026May 20, 2026 by EnergyNow Media

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3 Minute History Canada continues its high-octane ride through Canadian energy history. This week’s episode dives into the epic 1951–1953 construction of the original Trans Mountain Pipeline — 1,150 km of pure grit carved through the Rocky Mountains during the Korean War. Facing steel shortages and brutal terrain, surveyors mapped insane routes by foot and … Read more

INSIGHT: Is the Alberta Government Continuing to Sneak its Net Zero Agenda in Through the Back Door? – Lennie Kaplan

May 20, 2026May 20, 2026 by EnergyNow Media

By Lennie Kaplan With the third anniversary of Premier Danielle Smith’s net zero emissions (Alberta NZE) agenda, known as the Alberta Emissions Reduction and Energy Development Plan (EREDP), come and gone, it appears the Alberta government has no intention of publishing a comprehensive public progress report on NZE implementation. These are among the key insights … Read more

Australia Has Big Shale Gas Advantage, Texas-Based Investor Says

May 19, 2026 by EnergyNow Media

By Paul Allen and Keira Wright Australia’s vast shale gas resources give the nation an edge in the global energy sector, especially at a time when the Iran war is constraining supplies across the world, according to Texas-based investor Bryan Sheffield. The Middle East conflict, which has disrupted gas supplies and lifted prices, is pushing … Read more

S&P/TSX Composite Down in Trading on Tuesday, U.S. Stocks Also Lower

May 19, 2026 by The Canadian Press

Canada’s main stock index moved lower in trading on Tuesday, weighed down by losses in the battery and base metals sectors, while U.S. markets also fell.
The S&P/TSX composite index was down 92.11 points at 33,741.24.
In New York, the Dow Jones indust…

Tanker Rates Soar, But Hormuz Opening May Move Them Either Way, CMB.Tech Boss Says

May 19, 2026 by EnergyNow Media

By Mathias de Rozario and Jerome Terroy May 19 (Reuters) – The tanker market is booming, but whether reopening the Strait of Hormuz would send freight rates soaring or crashing is still uncertain, ‌the head of Belgian tanker firm CMB.Tech (CMBT.BR) said on Tuesday. One of the prevailing views is that a reopening would trigger … Read more

Shell Shareholders Reject Climate Activist Resolution as They Re-Elect CEO, Chairman

May 19, 2026 by EnergyNow Media

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By Stephanie Kelly and Shadia Nasralla Shell CEO Wael Sawan says oil demand will remain essential for decades Shareholder climate resolution gets 13% support, according to initial results LONDON, May 19 (Reuters) – Shell (SHEL.L) shareholders ‌knocked back a climate activist resolution at Tuesday’s annual general meeting, in a resounding show of support for CEO … Read more

New West Data Signs Letter of Intent to Acquire Significant Oil and Gas Assets Near Rocky Mountain House, Alberta

May 19, 2026 by EnergyNow Media

Proposed transaction expected to more than triple production to 4,500 BOE/d and more than double self-powered off-grid compute capacity to 35 MW Company plans to expand off-grid compute beyond bitcoin mining into high-density HPC and AI CALGARY, Alberta, May 19, 2026 (GLOBE NEWSWIRE) — New West Data Corp. (“New West Data”), North America’s first vertically integrated oil … Read more

Putin Says Russia, China Ready to Back Each Other on Issues Such as Protecting Sovereignty

May 19, 2026 by EnergyNow Media

(Reuters) – Russia and China are ready to support each other on a wide range of issues, including national unity and protection of sovereignty, President Vladimir Putin said in a video address ahead of a visit to China starting on Tuesday. Relations between Russia and China have reached an ‘unprecedented level’ of mutual understanding and … Read more

DATA CENTER INSIGHT – The New Infrastructure Race in North America and Why Communities Don’t Want Them

May 19, 2026 by EnergyNow Media

Across North America, data centers have moved from being a background part of the digital economy to one of the most important pieces of modern infrastructure. They support cloud computing, online banking, streaming, ecommerce, government systems, scientific research, and now artificial intelligence. Their rapid expansion is creating major economic opportunities, but it is also … Read more

Oil Falls as Trump Holds off on Scheduled Attack on Iran

May 19, 2026 by EnergyNow Media

Summary Trump said on Monday he had paused a planned resumption of attacks on Iran Iran seeks lifting of sanctions, release of frozen funds, end to US marine blockade US extends sanctions waiver on Russian seaborne oil (Reuters) – Oil prices fell on Tuesday, ‌with global benchmark Brent crude dropping 1.5%, after U.S. President Donald … Read more

Inflation rises to 2.8% in April but Iran war impact limited to gas pumps for now

May 19, 2026May 19, 2026 by The Canadian Press

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Higher gas prices driven mainly by the war in Iran pushed inflation higher in April but some economists argue the conflict’s looming costs haven’t been fully captured in the latest price data.
Inflation rose to 2.8 per cent in April, Statistics Canada…

BC Will be Under Pressure to Lower Carbon Pricing to Match Alberta

May 19, 2026 by EnergyNow Media

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By Nelson Bennett Prime Minister Mark Carney and Danielle Smith were all smiles last week when they signed a new agreement setting the price for industrial carbon taxes in Alberta. Pipeline and $20 billion carbon capture project to follow. At least that’s the plan. But the folks who would actually pay for all this – … Read more

FROM CARACAS TO CALGARY: How Venezuela’s Democratic Hopes and Oil Reserves Could Reshape Canada’s Energy Future – Kasha Piquette

May 19, 2026May 19, 2026 by EnergyNow Media

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By Kasha Piquette When I landed in Venezuela earlier this month, I expected the usual signs of a country caught between collapse and possibility. Instead, I found something harder to measure but impossible to miss, like energy, warmth and ambition. I know what a society in transition feels like. I was born in Poland behind … Read more

ENERGY URGENCY: Canada Should Build Energy Security Before Next Crisis Hits

May 19, 2026May 19, 2026 by EnergyNow Media

By: Joseph Quesnel Recent problems at the Strait of Hormuz reveal stark realities about Canada’s energy security. The U.S. Energy Information Administration reports 20 to 21 million barrels per day—roughly 21 per cent of global petroleum—pass through this chokepoint. Rising tensions and Iranian threats highlight how vulnerable global energy markets remain. When drone attacks struck Saudi Arabia’s … Read more

Record Oil Draw From US Emergency Reserve Drives Total Volumes to Two-Year Low

May 18, 2026 by EnergyNow Media

HOUSTON (Reuters) – A record 9.9 million barrels of oil were shipped out from the U.S. Strategic Petroleum Reserve last week, data from ‌the Department of Energy showed on Monday, pushing the total volumes in the U.S. government’s emergency stash to about 374 million barrels, its lowest since July 2024. The Trump administration is … Read more

Venezuela Oil Officials Set to Make Rare Appearance at Houston Area Energy Conference

May 18, 2026 by EnergyNow Media

Venezuela’s Oil Minister Paula Henao reacts at Miraflores Palace in Caracas, Venezuela, March 13, 2026. REUTERS/Gaby Oraa Summary Venezuela’s new oil minister, Paula Henao, to meet US oil firms US plans $100 billion investment to revive Venezuela’s oil sector after Maduro’s ouster US officials stress Venezuela’s key role in Western Hemisphere energy security HOUSTON (Reuters) … Read more

Opaque Oil Deals Around Hormuz Test the Petrodollar: Bousso

May 18, 2026 by EnergyNow Media

The U.S. dollar-dominated global oil trading system is being tested by the Iran war and the closure of the Strait of Hormuz, as governments in major consuming nations turn to increasingly opaque deals with Tehran and Gulf producers to secure supplies. Since the outbreak of the war on February 28, roughly a fifth of global … Read more

IEA Chief Warns Commercial Oil Inventories are Depleting Rapidly, Only Weeks Left

May 18, 2026 by EnergyNow Media

Birol, who is participating in the Group of Seven finance leaders meeting in Paris, told reporters that the release of strategic oil reserves had added 2.5 million barrels of oil per day to the market, but said these reserves “are not endless”. The onset of the spring planting and summer ⁠travel seasons in the northern hemisphere … Read more

MASSIVE DEAL: NextEra Energy Strikes $66.8 Billion Deal for Dominion in Bets on AI Power Demand

May 18, 2026 by EnergyNow Media

May 18 (Reuters) – NextEra Energy will buy Dominion Energy in an all-stock transaction valued at about $66.8 billion, creating the world’s largest regulated electric utility by market value, as U.S. utilities race to meet surging demand from data centers fuelling the artificial intelligence boom. The deal, one of the largest in the U.S. power industry, adds … Read more

Prospera Announces Operations Update and May Conference Call

May 18, 2026 by EnergyNow Media

Calgary, Alberta–(Newsfile Corp. – May 18, 2026) – Prospera Energy (TSXV: PEI) (OTC Pink: GXRFF) (“Prospera“, “PEI“, the “Corporation“, or the “Company“) is pleased to provide an operational update across its core Saskatchewan heavy oil portfolio, announce its May 2026 Corporate Update Conference Call, and highlight continued industry recognition through its participation in The Energy Year – Canada … Read more

NOW WHAT? VARCOE COMMENTARY: Alberta, Ottawa Have Their Pipeline Deal, but Industry Will Still Have Say With Massive Carbon Capture Project

May 21, 2026May 18, 2026 by EnergyNow Media

Negotiations are set to ramp up between both governments and the Oil Sands Alliance on a multibillion-dollar Pathways carbon capture network in northern Alberta By Chris Varcoe • Calgary Herald This Article & More by Chris Varcoe Here From pipe dream to a real prospect, Alberta’s ambitious proposal to see a new oil artery built to the Pacific … Read more

Oil Touches Two-Week High After Drone Attack on UAE Nuclear Power Plant

May 18, 2026May 18, 2026 by EnergyNow Media

Summary UAE reports drone attack on Barakah nuclear power plant Saudi Arabia intercepts three drones from Iraqi airspace Trump expected to discuss military options on Tuesday US allows lapse of sanctions waiver on Russian seaborne oil (Reuters) – Oil prices extended gains on Monday, driven by increasingly bleak prospects ‌for peace in the Middle East … Read more

Why Analog Pressure Gauges Still Matter in Oil & Gas Pressure Monitoring

May 18, 2026May 18, 2026 by EnergyNow Media

In today’s oil and gas facilities, digital instrumentation plays a major role in how operators monitor, control, and optimize their processes. Pressure transmitters send critical data back to control rooms, automation systems, and remote monitoring platforms, allowing teams to track conditions across complex operations. But even with advanced electronic monitoring, there is still an important … Read more

FEATURE: TrueFlow Technologies DIP Multiphase Flow Meter – Unique & Disruptive Technology Offering Accurate and Reliable Measurement Across All Well Flow Regimes

May 21, 2026May 18, 2026 by EnergyNow Media

TrueFlow Technologies is a newly incorporated company with proven & ground-breaking technology that focuses solely on the multiphase flow measurement market as it relates to the Oil & Gas industry. The DIP Multiphase Flow Meter is a unique & disruptive technology offering accurate and reliable measurement across all well flow regimes. Whether the well is … Read more

Economists Expect Inflation Topped 3% in April as Gas Prices Soared

May 18, 2026May 18, 2026 by The Canadian Press

Economists expect the annual pace of inflation topped three per cent for the first time since 2023 in April as Statistics Canada’s consumer price index reflects the full weight of the Iran war energy shock.
The agency is set to publish fresh inflation…

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

May 18, 2026May 18, 2026 by The Canadian Press

Five things to watch for in the Canadian business world in the coming week:
Inflation
Statistics Canada will release its April reading for inflation on Tuesday when it publishes its consumer price index for the month. The annual rate of inflation rose…

UAE Says OPEC, OPEC+ Exit Was Sovereign Strategic Decision, Not a Political Move

May 16, 2026 by EnergyNow Media

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UAE says OPEC, OPEC+ exit was sovereign strategic decision, not political move DUBAI, May 16 (Reuters) – The United Arab Emirates’ decision to withdraw from OPEC and OPEC+ was a sovereign and strategic ‌choice based on a comprehensive assessment of its production policy and future capabilities, the UAE energy minister, Suhail Al Mazrouei, said on … Read more

Oil Sands Alliance Statement on Canada and Alberta Agreement

May 16, 2026 by EnergyNow Media

CALGARY, AB, May 15, 2026 /CNW/ – Today the Alberta and Canadian governments announced their bi-lateral agreement on the implementation of a revised industrial carbon tax and other matters related to their November 27, 2025 Memorandum of Understanding (the “MOU”). Oil Sands Alliance appreciates the further clarity of that agreement and is reviewing it carefully. The announced industrial … Read more

CAPP Response to the Advancement of the Canada-Alberta MOU and Industrial Carbon Pricing Framework

May 16, 2026 by EnergyNow Media

Statement from Lisa Baiton, CAPP President & CEO: “CAPP shares the priorities outlined by Prime Minister Carney and Premier Smith in the Canada-Alberta Memorandum of Understanding (MOU) to grow oil and natural gas production, build new export infrastructure, protect our competitiveness, and lower emissions. Canadians understand the urgency and speed with which we must move to face the twin challenges of a historic energy crisis and the rapid shifting of our … Read more

THE FULL SPECTRUM: Reactions to the Alberta-Ottawa Agreement on Carbon Pricing, Pipeline Plans

May 18, 2026May 16, 2026 by The Canadian Press

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Shovels could hit the ground on a new West Coast oilsands pipeline as early as September 2027, the federal and Alberta governments said Friday, after they announced a plan to gradually increase the province’s effective industrial carbon price to at le…

S&P/TSX Composite Ends More Than 400 points Lower, U.S. Stock Markets Also Fall

May 16, 2026May 15, 2026 by The Canadian Press

Markets in Toronto and New York retreated on Friday as rising global oil prices and fears of higher inflation shook the global bond market.
“Rising bond yields from Japan to North America were one of the major headwinds for equity markets around the g…

Carbon Tax Hike Bad Deal for Alberta Taxpayers

May 15, 2026 by EnergyNow Media

OTTAWA, ON: The Canadian Taxpayers Federation is sounding the alarm over today’s Canada-Alberta Implementation Agreement for hiking the industrial carbon tax. “Politicians should be getting rid of carbon taxes, not hiking them,” said Franco Terrazzano, CTF Federal Director. “It doesn’t matter how politicians dress up their carbon taxes, all carbon taxes make life more expensive and make Canadian … Read more

Prime Minister’s Office: Canada and Alberta Strike Agreement to Diversify Our Exports, Reduce Emissions, and Build a Stronger Economy

May 15, 2026 by EnergyNow Media

CALGARY, AB, May 15, 2026 /CNW/ – The world is changing rapidly. In response, Canada’s new government is focused on what we can control: building an affordable, competitive, and sustainable Canadian economy. To that end, we must build our strength at home and diversify our export markets abroad. To advance these shared missions, in November, Canada and … Read more

US Drillers Add Oil/Gas Rigs for Fourth Week in a Row, Says Baker Hughes

May 15, 2026 by EnergyNow Media

(Reuters) – U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row for the first time since September 2025, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose by three … Read more

Prime Minister Mark Carney and Premier Danielle Smith Announce MOU Implementation Agreement, Moving a West Coast Oil Pipeline Forward

May 18, 2026May 15, 2026 by EnergyNow Media

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Summary Agreement Signing: The implementation agreement for the West Coast oil pipeline signed today, outlines a pathway to construction beginning as early as September 01, 2027. Pipeline Submission: Alberta will submit the comprehensive pipeline proposal to the Federal Major Projects Office (MPO) by July 01, 2026.(Canada Day). Project Designation: Canada will pursue national interest designation … Read more

New Alberta–Ottawa Agreement Aims to Streamline Project Reviews, Boost Investment

May 15, 2026 by EnergyNow Media

Q&A with Brad Gilmour, Osler, Hoskin & Harcourt LLP By Deborah Jaremko Oil and gas drilling in central Alberta, fall 2025. Photo supplied to the Canadian Energy Centre A new agreement between Alberta and Ottawa aims to address long-standing concerns about how major projects including oil sands, pipelines and carbon capture are reviewed. It supports recently introduced provincial … Read more

Exxon Mobil Not Liable to Investors Over Canadian Oil Sands, Gas Assets, Jury Says

May 15, 2026 by EnergyNow Media

May 14 (Reuters) – A Texas jury on Wednesday found Exxon Mobil (XOM.N) not liable on claims it defrauded ‌investors through disclosures tied to its Canadian oil sands and Rocky Mountain gas operations. The 2016 lawsuit alleged Exxon concealed that ⁠its Canadian bitumen operations were losing money, failed to properly incorporate carbon-cost assumptions into reserve … Read more

Oil Prices Up More Than 3% as Fears of Renewed US-Iran Combat

May 16, 2026May 15, 2026 by EnergyNow Media

Summary Brent and WTI set for hefty weekly gains More vessels have been crossing Strait of Hormuz Ship attacks and seizures remain a worry Trump says he is running out of patience with Iran Iran says it is prepared to resume fighting (Reuters) – Oil prices gained more than 3% on Friday, climbing over $3 … Read more

UAE Will Double Oil Export Capacity Bypassing Hormuz by 2027

May 15, 2026 by EnergyNow Media

The UAE and Saudi Arabia are the only major Gulf oil producers able to get significant quantities to market during the war By Anthony Di Paola The United Arab Emirates will double its capacity to export crude oil bypassing the Strait of Hormuz by next year, as it seeks to reduce reliance on the shipping … Read more

Transat Says High Fuel Prices Added $70 Million in Costs for March and April

May 15, 2026May 15, 2026 by The Canadian Press

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Transat AT Inc. says high jet fuel prices added $70 million in additional costs for March and April compared with the same months last year.
The travel company says fuel surcharges have only marginally offset the higher costs because a large portion o…

Trump Discussed Sanctioned Chinese Oil Refiners With Xi, Considering Lifting Bans

May 15, 2026 by EnergyNow Media

(Reuters) – President Donald Trump said on Friday he ‌discussed Chinese oil companies that have been sanctioned for buying Iranian oil and will make a decision about whether ⁠to lift bans in the next few days. The U.S. recently imposed sanctions on several Chinese oil refiners for buying Iranian oil, including Hengli Petrochemical, one of … Read more

A PIPELINE DATE? COMMENTARY – BELL: CARNEY AGREES! Septemeber 1, 2027 – Approval for Construction of Alberta’s West Coast Pipeline

May 15, 2026 by EnergyNow Media

The Carney-Smith deal to be announced on Friday is said to include good news for a pipeline to the west coast By Rick Bell This Article and More by Rick Bell Here We have it. A date. Voices are saying there is a date. The federal government agrees to a date and they commit to using … Read more

Minister Hodgson completes successful B.C. trip focused on advancing nation-building in partnership with Indigenous Peoples

May 15, 2026 by EnergyNow Media

VANCOUVER, BC, May 15, 2026 /CNW/ – Canada is embarking upon a once-in-a-generation era of building a stronger, more secure, more sovereign nation. This offers a historic opportunity to advance reconciliation and fundamentally transform our relationship with Indigenous Peoples through collaboration, consultation and a focus on placing Indigenous ownership at the heart of natural resource development. British … Read more

StatCan Says Energy Prices Help Boost March Manufacturing Sales Three Per Cent

May 15, 2026May 15, 2026 by The Canadian Press

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Statistics Canada says manufacturing sales rose three per cent in March to $73.6 billion, the highest level since January last year, boosted by higher energy prices.
The agency says sales rose in nine of the 21 subsectors it tracks, led by the petrole…

Prairie Provident Resources Announces First Quarter 2026 Results

May 15, 2026 by EnergyNow Media

CALGARY, Alberta, May 14, 2026 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident” or the “Company”) (TSX:PPR) announces its financial and operating results for the first quarter of 2026. The Company’s interim financial statements for the three months ended March 31, 2026 and related Management’s Discussion and Analysis (“MD&A”) are available on the Company’s website at www.ppr.ca and … Read more

Source Rock Royalties Declares Monthly Dividend and Provides Updated Corporate Presentation

May 15, 2026 by EnergyNow Media

Not for distribution to U.S. news wire services or dissemination in the U.S. CALGARY, AB, May 15, 2026 /CNW/ – Source Rock Royalties Ltd. (“Source Rock”) (TSXV: SRR), a pure-play oil and gas royalty company with an established portfolio of oil royalties and Crown mineral leases, announces that its board of directors has declared a monthly dividend of $0.0065 … Read more

Rubellite Energy Corp. Announces Election of Directors

May 15, 2026 by EnergyNow Media

CALGARY, AB, May 14, 2026 /CNW/ – (TSX: RBY) – Rubellite Energy Corp. (“Rubellite” or the “Company”) is pleased to announce that the nominees listed in the management proxy circular dated March 27, 2026, were elected as directors of Rubellite. The detailed results of the vote for the election of directors held at its annual meeting of shareholders earlier … Read more

Bonterra Energy Announces First Quarter 2026 Results and Operations Update

May 15, 2026 by EnergyNow Media

CALGARY, Alberta, May 14, 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 months ended March 31, 2026. Bonterra delivered $23.5 million in funds flow ($0.64 per fully diluted share) and brought … Read more

Enhanced Investment Co-operation Advances Efforts Around LNG Canada’s Proposed Phase 2 Expansion

May 15, 2026 by EnergyNow Media

VANCOUVER, BC, May 14, 2026 /CNW/ – Today, the Government of Canada, the Government of British Columbia and LNG Canada reached agreement on enhanced investment co-operation and actions to collectively progress closure of final items to support a potential 2026 Final Investment Decision (FID) of LNG Canada’s proposed Phase 2 expansion, a key national and provincial priority project, … Read more

NO RELIEF IN SIGHT – Gas Prices Poised to Stay High All Summer, Upending Budgets and Travel

May 15, 2026May 15, 2026 by The Canadian Press

Since gas prices started climbing in March, Sarah Bradley has found herself bargain hunting across multiple grocery stores in Montreal.
“Before, I’m a one-stop shop person,” she said. “Now I think twice. I’m like, OK, do I need that from IGA or can I …

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