Holding global temperature rise to 2 degrees Celsius by end of century remains possible - though increasingly challenged - while more ambitious targets increasingly out of reach, new country-specific analysis shows NEW YORK, Sept. 17, 2026 /PRNewswire/ -- The global economy is on the cusp of a major shift where most of future global energy demand growth will come from emerging markets and developing economies (EMDEs). The new realities of meeting this demand alongside the need for energy [Read more]
Continental Resources Signs Memorandum of Understanding with Petróleos de Venezuela, S.A. (PDVSA) to Operate and Develop the Ayacucho 2 Block in Venezuela’s Orinoco Belt
OKLAHOMA CITY, Sept. 16, 2026 /PRNewswire/ -- Continental Resources, Inc. (Continental) today announced the signing of a Memorandum of Understanding (MOU) with PetrÓleos de Venezuela, S.A. (PDVSA) to operate and develop the Ayacucho 2 Block in Venezuela's Orinoco Oil Belt, one of the world's most prolific oil-producing regions. The parties intend to advance a long-term Contrato de ParticipaciÓn Productiva (CPP) agreement in the coming weeks. Following the Trump Administration's call for [Read more]
Chord Energy Announces Divestiture of Non-Operated Marcellus Assets
HOUSTON, Sept. 16, 2026 /PRNewswire/ -- Chord Energy Corporation (NASDAQ: CHRD) ("Chord," "Chord Energy," or the "Company") announced today that one of its subsidiaries has entered into an agreement to sell its entire non-operated Marcellus position to POSCO International Corporation for total gross consideration of $550MM. The transaction is expected to close in the fourth quarter of 2026 subject to customary closing conditions. Transaction Highlights: Divesting non-operated Marcellus [Read more]
Enbridge Announces the Closing of CDN$3.0 BillionCommon Equity Offering Inclusive of Underwriters’ Over-Allotment Option
CALGARY, AB, Sept. 14, 2026 /PRNewswire/ -- Enbridge Inc. (TSX: ENB) (NYSE: ENB) ("Enbridge" or the "Company") today announced it has closed its previously announced public offering (the Offering) of common shares by a syndicate of underwriters led by RBC Capital Markets and CIBC Capital Markets, and including Scotiabank, BMO Capital Markets, TD Securities Inc., and National Bank of Canada Capital Markets as joint bookrunners. Enbridge issued 44,735,000 common shares inclusive of 5,835,000 [Read more]
EY study finds US oil and gas producers reach record production while investing more selectively in future growth
Oil production hit a study-period high while reserve replacement fell below 100% for the first time since 2021. Capital expenditures declined 49% and exploration represented just 3% of total spending in 2025. Natural gas reserves reached a five-year high, supported by higher discoveries, exports and rising electricity demand. HOUSTON, Sept. 9, 2026 /PRNewswire/ -- The US oil and gas industry is increasingly focused on improving the performance of existing assets while maintaining [Read more]
Enbridge and KKR Announce New Joint Venture to Support Investment in the Westcoast Pipeline System in BC
C$2.7 billion transaction led by KKR in collaboration with Apollo to fund Aspen Point and Sunrise Expansion Programs CALGARY, AB, Aug. 27, 2026 /PRNewswire/ - Enbridge Inc. ("Enbridge") (TSX: ENB) (NYSE: ENB) announced today that it has entered into a definitive agreement with KKR to form a new joint venture, subject to the satisfaction of customary closing conditions, led by capital accounts advised by KKR, in collaboration with funds and affiliates managed by Apollo. The joint venture will [Read more]
Continental Resources Significantly Expands Permian Basin Position with Acquisition of FireBird Energy II
OKLAHOMA CITY, Aug. 20, 2026 /PRNewswire/ -- Continental Resources ("Continental") today announced it has entered into an agreement to acquire FireBird Energy II LLC ("FireBird"), a portfolio company of Quantum Capital Group ("Quantum"). The acquisition of FireBird, which owns approximately 54,000 net acres in the Midland Basin, significantly expands Continental's Permian Basin position and adds high-quality, oil-weighted production and development inventory adjacent to its existing [Read more]
Solitude Pipeline System reaches final investment decision to transport gas from the Permian Basin to the Gulf Coast
AUSTIN, Texas, Aug. 17, 2026 /PRNewswire/ -- WhiteWater today announced that it, together with Devon Energy Corporation (NYSE: DVN), MPLX LP (NYSE: MPLX), Diamondback Energy, Inc. (NASDAQ: FANG) and Western Midstream Partners, LP (NYSE: WES), through their Solitude Pipeline System joint venture ("Solitude"), have reached a positive Final Investment Decision ("FID") to construct two 48-inch natural gas pipelines, each running from the Permian Basin to Katy, TX. The project has secured substantial [Read more]
Whitecap Resources Inc. confirms monthly dividend for August 2026 of $0.0608 per share
CALGARY, AB, Aug. 13, 2026 /CNW/ -- Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.0608 per common share in respect of August operations will be paid on September 15, 2026 to shareholders of record on August 31, 2026. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). About Whitecap Whitecap Resources Inc. is a leading Canadian energy company committed to delivering reliable returns to shareholders through the [Read more]
Ovintiv Reports Second Quarter 2026 Financial and Operating Results
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 per day ("MBOE/d"), including oil and condensate volumes of 206 thousand barrels per day [Read more]