Calgary, Alberta--(Newsfile Corp. - March 25, 2026) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") is pleased to announce initial production results from its recently completed Glauconite well and the monthly dividend for April 2026. Operational Update Pine Cliff successfully drilled one gross (1.0 net) Glauconite well in the Central Alberta Caroline area in December 2025 that was completed and brought on production in the second half of February 2026. [Read more]
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TC Energy inks new deals for GasLink expansion
TC Energy said on Wednesday that its Coastal GasLink pipeline project has signed commercial agreements with LNG Canada to advance the project's second phase. The agreements mark a key milestone for Coastal GasLink Phase 2, which still requires a final investment decision by LNG Canada and its joint venture participants, along with approvals from Coastal GasLink. These agreements create a commercial framework that advances LNG Canada toward FID by supporting front-end engineering and [Read more]
Alberta, Ottawa reach ‘agreement-in-principle’ on methane emissions
CALGARY - Alberta and Ottawa have reached an "agreement-in-principle" that puts the province in control of regulating its methane emissions, with final rules expected by the end of this year. The federal and provincial governments inked a sweeping accord in November touching on several energy policy matters, including a plan to reach a methane equivalency agreement on or before April 1 aimed at eliminating the overlap between federal and provincial rules. “Canada is strongest when we work [Read more]
Freeport CEO says Iran war energy disruptions could delay new US LNG projects
Supply disruptions linked to the U.S.-Israeli war on Iran could delay construction of liquefied natural gas projects slated for development in the U.S., Freeport LNG CEO Michael Smith said on Wednesday at the CERAWeek energy conference in Houston. The U.S. is the world’s largest LNG exporter and has more new capacity under construction than any other country. Smith said the conflict’s impact could extend beyond oil and gas supply chains, affecting key materials such as steel and components [Read more]
Canada advances global energy leadership at CERAWeek
HOUSTON, March 25, 2026 /CNW/ - As global energy markets face volatility, Canada is offering predictability and stability to our partners. Canadian energy already plays a central role in North American energy security, and we are now expanding our global reach to increase our exports, unlock new financing and seize opportunities for Canadian companies and supply chains so we can create security and prosperity for Canadians and our allies. Now more than ever, the case for Canadian energy is [Read more]
Canada’s Trans Mountain running nearly full on global oil disruptions, CEO says
Canada's Trans Mountain oil pipeline will be nearly entirely full for the month of April, a milestone that marks a utilization record for the conduit since its C$34 billion expansion was completed last year. The 890,000-barrel-per-day pipeline, which carries oil from the province of Alberta to British Columbia's west coast, is running near maximum capacity, said Trans Mountain CEO Mark Maki. Disruptions to Middle East supply due to the Iran war have increased demand for Canadian oil from [Read more]
US tracking closely how to get oil tankers through Strait of Hormuz, White House says
White House press secretary Karoline Leavitt on Wednesday said the United States is tracking "very closely" how to get oil tankers through the Strait of Hormuz. "As far as tankers through the Strait, it's something we're tracking very closely," Leavitt told reporters about the key shipping lane near Iran. However, the press secretary said there is no "specific timeline" on when the tankers could move freely. "We're going to see prices at the pump go back down," Leavitt added, arguing the [Read more]
How Big Tech’s $630 bln AI splurge will fall short
(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.) By Karen Kwok LONDON, March 26 (Reuters Breakingviews) - For all the hand-wringing in financial markets about an artificial intelligence bubble, investors may be focusing on the wrong risk. The prevailing fear is that technology giants will spend hundreds of billions of dollars on AI infrastructure only for demand to fall short. The more immediate problem, though, is that tech firms will struggle to [Read more]
Iran threatens attack on regional country if Iranian island occupied
Iran's parliament speaker, Mohammad Baqer Qalibaf, said on Wednesday that intelligence suggests "enemies" are planning to occupy an Iranian island with support from a regional country which he did not name. "Iranian forces are monitoring enemy movements and if they take any step, we will attack vital infrastructure in that regional country in continuous and relentless attacks," he said in a post on X. (Reporting by Jaidaa Taha Editing by Ros Russell) [Read more]
Venezuela oil production has reached 1.1 mln bpd in March
Venezuela's oil production, including condensate and gas liquids, has reached 1.1 mln barrels per day in March, a government presentation citing figures from state oil company PDVSA showed on Wednesday. The figure was an increase from January, when production was 942,000 bpd, the presentation, shared by acting President Delcy Rodriguez during a virtual appearance at a conference in Miami, showed. Production of gasoline and diesel by the South American country reached 166,700 bpd in 2025, [Read more]
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