CALGARY, Alberta, Aug. 11, 2026 (GLOBE NEWSWIRE) -- Bonterra Energy Corp. (TSX: BNE; OTCID: BNEFF) (“Bonterra” or the “Company”), a Calgary based oil and gas producer, is pleased to announce its financial and operating results for the three and six months ended June 30, 2026. Bonterra delivered record quarterly production of 16,828 barrels of oil equivalent (“BOE”) per day and funds flow of $32.9 million ($0.88 per fully diluted share). During the quarter, the Company brought three Charlie Lake [Read more]
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Stampede Drilling Inc. confirms it has no drilling rig in Greenland
CALGARY, AB, Aug. 11, 2026 /CNW/ -- Stampede Drilling Inc. ("Stampede" or the "Corporation") (TSXV: SDI) confirms that its drilling rig which has been undergoing upgrades for potential deployment to Greenland in support of Greenland Energy Company's (NASDAQ: GLND) ("Greenland Energy") drilling program in the Jameson Land Basin remains in Canada and has not arrived in Greenland. Inaccurate information has appeared on various social media platforms. Stampede further confirms that it [Read more]
Logan Energy Corp. announces second quarter 2026 results and provides an operations update
CALGARY, AB, Aug. 11, 2026 /CNW/ -- Logan Energy Corp. (TSXV: LGN) ("Logan" or the "Company") is pleased to announce its operating and financial results for the three and six months ended June 30, 2026, and to provide an operations update. Selected financial and operational information set out below should be read in conjunction with the Company's unaudited condensed interim financial statements and related management's discussion and analysis ("MD&A") as at and for [Read more]
Lycos Energy Inc. Announces Q2 2026 Results and Operations Update
Calgary, Alberta--(Newsfile Corp. - August 11, 2026) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to announce its operating and financial results for the three and six months ended June 30, 2026. Selected financial and operating information is outlined below and should be read with Lycos' unaudited condensed interim consolidated financial statements and related management's discussion and analysis ("MD&A") for the three and six months ended June 30, 2026 and 2025, [Read more]
Some Middle East oil output will stay shut through next year, US EIA says
Some producers in the Middle East are likely to struggle to restore oil output to pre-conflict levels by the end of 2027, even if trade patterns return to normal by early next year, the U.S. Energy Information Administration said on Tuesday. Disruptions to shipping through the Strait of Hormuz and attacks on energy infrastructure have forced oil producers across to Middle East to sharply reduce production, reducing global supply and sending oil prices to multi-year highs. The EIA estimated [Read more]
US natgas end-of-season storage seen at three-year low in October
U.S. natural gas storage is on track to end the April-October summer injection season at a three-year low of 3.872 trillion cubic feet (tcf) on October 31, 2026, according to analysts' estimates. That compares with a two-year low of 3.929 tcf at the end of October in 2025 and a five-year (2021-2025) average of 3.782 tcf. Looking ahead, analysts estimate stockpiles are on track to end the November 2026-March 2027 winter withdrawal season at a five-year low of 1.801 trillion cubic feet (tcf) [Read more]
US power use to beat record highs in 2026 and 2027 as AI use surges, EIA says
U.S. power consumption, which hit its second straight annual record high in 2025, will rise further in 2026 and 2027, driven by AI-hungry data centers and electrification, the Energy Information Administration said in its Short-Term Energy Outlook (STEO) on Tuesday. The EIA projected that power demand will rise from a record 4,195 billion kilowatt-hours (kWh) in 2025 to 4,268 billion kWh in 2026 and 4,391 billion kWh in 2027. Demand is surging in large part due to data centers dedicated to [Read more]
US natural gas output, demand to hit record highs in 2026, EIA says
U.S. natural gas supply and demand will both rise to record highs in 2026, the U.S. Energy Information Administration said in its Short-Term Energy Outlook on Tuesday. The EIA projected dry gas production will rise from a record 107.6 billion cubic feet per day in 2025 to 111.2 bcfd in 2026 and 116.0 bcfd in 2027. The agency also projected domestic gas consumption will rise from a record 91.9 bcfd in 2025 to 92.0 bcfd in 2026 and 94.8 bcfd in 2027. The August production projection for 2026 was [Read more]
US fired on Panama-flagged ship that tried to break blockade of Iranian ports, WSJ reports citing US official
A U.S. military helicopter fired at the rudder of a Panama-flagged ship after its crew ignored warnings from personnel working to enforce a naval blockade on Iranian ports, the Wall Street Journal reported on Tuesday, citing a U.S. official. There were no immediate reports of casualties from the incident, the report said, adding that the ship appeared to be trying to transfer its crew to another civilian vessel after the attack. British maritime risk management group Vanguard and a [Read more]
Ukraine’s attacks on Russian energy sites — what has been hit?
Ukrainian forces have stepped up strikes on Russian energy infrastructure and other sites in what Kyiv says is an effort to deprive Russia of resources to fund its military. Following is a summary of the attacks — starting with the most recent — and their impact: ORSK The Ukrainian military said on Tuesday it had attacked Orsknefteorgsintez oil refinery in the Russian city of Orsk, the second-largest city in the Orenburg region and an important industrial hub. The refinery's design [Read more]
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