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 event brought together more than 800 guests for a day of celebrating community and giving back, capped off by a live [Read more]
News
US natgas prices fall to 6-week low on Freeport LNG maintenance, big storage build
U.S. natural gas futures fell about 4% to a six-week low on Thursday on expectations gas flows to liquefied natural gas (LNG) export plants will remain low through late August due to planned maintenance at Freeport LNG's plant in Texas, and after the release of a federal report showing last week's storage build was much bigger than expected. Front-month gas futures for August delivery on the New York Mercantile Exchange fell 13.9 cents, or 4.3%, to $3.073 per million British thermal units [Read more]
Oil tanker traffic through Hormuz at near standstill as attacks strain Iran truce
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 Thursday. They included the crude supertanker Berg 1, which had loaded at Iran's Kharg Island and is subject to U.S. sanctions, according to analysis from Kpler. The Marshall [Read more]
Hormuz ships will face tolls – just de facto ones
(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.) 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 – rather than Tehran’s stipulated “safe route” hugging its own coastline – prompted [Read more]
Iran says it hits US military targets in Gulf, prepares to bury slain leader
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, in the northeast, the culmination of a week of mass funeral processions and rallies. Khamenei was killed in a U.S. airstrike on [Read more]
Iraq will not leave OPEC but seeks fair output quota, PM says
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 of its five founding members, had considered leaving OPEC if the group did not allow Baghdad to significantly increase oil production. (Reporting by Nayera Abdallah; Editing [Read more]
Norway oil service workers’ strike cuts output by 2.4 million boe, industry group says
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 equivalent per day (boepd) from offshore fields, in 2025. The strike, which began on June 15 after wage talks broke down, has caused production losses worth an estimated 1.6 billion Norwegian [Read more]
Goldman says US-Iran escalation could slow recovery in Gulf oil supplies
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 round of attacks and retaliation between the U.S. and Iran dented hopes for the full reopening of the Strait of Hormuz. Brent crude futures gained 1% to $78.88 a barrel as of 0421 [Read more]
Forget TACO. Trump’s best Mexican food acronym is TAMALES: Russell
One of the clever ways to deal with the unprecedented and disruptive U.S. presidency of Donald Trump is to make up acronyms using Mexican foods. This has given us TACO — Trump Always Chickens Out — to reflect the U.S. president's tendencyto escalate a situation before retreating once the economic and political costs become too heavy. Then there was EMPANADA — Everybody Makes Promises And Nobody Actually Delivers Anything — used to describe countries making outrageous and unachievable trade [Read more]
Strathcona Resources Ltd. Announces First Steam at Meota Central and Provides Update on Lloydminster Thermal Business
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 installed cost of approximately $345 million (3% under budget) over the course of 18 months (2 months, or 9% ahead of budget). [Read more]
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