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News

Fiddlehead Resources Corp. announces Q1 2026 financial results

May 29, 20267:00 AM CNW

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 and analysis ("MD&A") for the three months ended March 31, 2026 and 2025 ("2026 Q1 [Read more]

Receivership Sales Process – Energera (Frac Shack™ and Sandtinel®)

May 29, 20266:30 AM Sponsored Content

Alvarez & Marshal logo

On March 17, 2026, pursuant to an Order of the Court of King’s Bench of Alberta (the “Court”), Alvarez & Marsal Canada Inc. was appointed as receiver and manager (the “Receiver”) of all the assets, undertakings and properties of Energera International Inc., Energera America Inc., Energera Inc., and Sandtinel LLC (collectively, the “Company”). On May 25, 2026, the Court granted a Sale Process Approval Order which, among other things, approved a sale process (the “Sale Process”) in respect [Read more]

Hydraulic Fracturing

Buffalo Potash Engages Rheaume Engineering for Initial Production Module Design At Flagship Disley Project

May 29, 20266:00 AM Sponsored Content

May 27, 2026 Highlights Buffalo Potash has engaged Rheaume Engineering Inc. to complete engineering design of an Initial Production Module (“IPM”) for the Disley Project; The IPM represents the first of three planned production facilities at Disley, with the IPM having a design capacity of 125,000 tonnes per annum (“TPA”) of potash production; and The engagement follows Buffalo’s recently completed Preliminary Economic Assessment, which outlines a modular development pathway [Read more]

South Bow Announces Successful Open Season

May 29, 20266:00 AM Globe Newswire

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 proposed Prairie Connector project toward a final investment decision (FID), targeted for mid-2027, while strictly adhering to the Company's [Read more]

Fed’s Schmid warns against viewing oil shock as transitory

May 29, 20265:34 AM Reuters0 Comments

Federal Reserve Bank of Kansas City President Jeffrey Schmid said on Friday that already-hot levels of inflation make it harder to assume the current energy shock will have only a temporary impact on pricing and can be ignored by the central bank. “My primary concern is inflation, which is too hot and has been above target for too long,” Schmid said in a speech delivered before a conference in Iceland. “I place little stock in assuming that the most recent run-up in prices is transitory [Read more]

How far have the U.S. and Iran got towards ending the Iran war?

May 29, 20263:27 AM Reuters0 Comments

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 pushed the world towards an energy crisis, though the underlying dispute over Iran's nuclear programme would only be thrashed out in talks over subsequent weeks. WHERE HAVE THE DISCUSSIONS GOT [Read more]

Oil falls over 1% on reports of potential US-Iran ceasefire deal

May 28, 20269:56 PM Reuters0 Comments

Oil futures fell more than 1% on Friday and were on track for their steepest weekly decline since early April, following reports that the U.S. and Iran had agreed to extend a ceasefire, though it had yet to be finalised. Brent crude futures for July fell 1.1% or $1.04 to $92.67 a barrel at 0330 GMT. U.S. oil futures fell $1.26, or 1.4%, to $87.64 a barrel. Brent plunged 10.5% this week - the steepest plunge since the week that ended on April 6, while WTI fell 9.2% - the biggest weekly loss [Read more]

Mitsui seeks LNG investments to meet power demand from data centers, Bloomberg News reports

May 28, 20267:23 PM Reuters0 Comments

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 told Bloomberg News, adding that demand for LNG was booming as companies sought clean energy to power AI infrastructure. Mitsui told Reuters it could [Read more]

LNG

SECURE Announces Receipt of Final Order for GFL Transaction

May 28, 20265:19 PM CNW

  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 arrangement (the "Transaction") with GFL Environmental Inc. ("GFL") (TSX: GFL) (NYSE: GFL). The Transaction was approved by SECURE shareholders at a [Read more]

US imposes fresh sanctions on Iran’s military oil sales, Treasury says

May 28, 20262:24 PM Reuters0 Comments

The U.S. said on Thursday it has imposed new sanctions on Iran's military oil trade, even as Washington and Tehran reached a tentative agreement to extend their ceasefire and lift restrictions on shipping through the Strait of Hormuz. The Treasury Department said it had sanctioned eight vessels involved in transporting Iranian crude oil and petroleum products to global markets. The vessels included the Marshall Islands-flagged oil tanker Flora, the Comoros-flagged crude oil tanker Hauncayo and [Read more]

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