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News

LNG Canada exports hit 1 million metric tons for first time in single month

May 1, 20263:27 PM Reuters0 Comments

Exports of liquefied natural gas from Canada’s LNG Canada plant topped 1 million metric tons in April, setting a monthly record, according to LSEG data. * LNG Canada is the country’s first major LNG export facility and the first on North America’s West Coast, giving it direct access to Asia, the world’s largest LNG market. * All volumes produced by the plant went to Asia in April, with more than half sold to South Korea. One cargo was delivered directly to China. * China has not been [Read more]

LNG PetroChina Petronas Shell

Petrus Resources Declares Monthly Dividend for May 2026

May 1, 20263:05 PM Globe Newswire

CALGARY, Alberta, May 01, 2026 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to confirm that its Board of Directors has declared a monthly dividend in the amount of $0.01 per share payable May 29, 2026, to shareholders of record on May 15, 2026. The dividend is designated as an eligible dividend for Canadian income tax purposes. Dividend Reinvestment Plan ("DRIP") Petrus' DRIP enables eligible shareholders to reinvest all or part of their cash [Read more]

Petrus Resources

Petrus Resources Announces Monthly Activity Update

May 1, 20263:03 PM Globe Newswire

CALGARY, Alberta, May 01, 2026 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to announce the most recent version of the Company’s monthly activity update can be found on the Company's website at https://www.petrusresources.com/monthlyupdates. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. FOR FURTHER INFORMATION PLEASE CONTACT: Ken [Read more]

Petrus Resources

AltaGas announces election of Directors

May 1, 20263:00 PM CNW

  CALGARY, AB, May 1, 2026 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) is pleased to announce the final director election results from its 2026 Annual Meeting of Shareholders held on April 30, 2026 (the "Meeting"). All nominees recommended by management for election were elected for a term ending at the next annual meeting of shareholders or until their successors are duly elected or appointed. The detailed results of the vote are set out [Read more]

AltaGas

Trans Mountain Reports Q4 2025 and Full-Year 2025 Results

May 1, 20263:00 PM TMX Newsfile

All financial figures are in Canadian dollars, unless noted otherwise. Calgary, Alberta--(Newsfile Corp. - May 1, 2026) - Trans Mountain Corporation ("Trans Mountain" or TMC" or "the Company") today announced its financial and operating results for the fourth quarter and full-year of 2025. "2025 marked a defining year for Trans Mountain, one in which we demonstrated consistent, disciplined performance across the Company, finishing the year ahead of our plan on both operational and [Read more]

Alberta oil pipeline is ‘more likely than not’ Carney says

May 1, 20262:50 PM The Canadian Press0 Comments

OTTAWA - Prime Minister Mark Carney says a new oil pipeline out of Alberta is "more likely than not." In his first sit-down interview with The Canadian Press since becoming prime minister more than a year ago, Carney said Friday that given the increased global demand for secure new sources of energy due to the war in Iran, and Canada's need to diversify to Asian markets, a new pipeline is "more probable than possible." "It's all part of a bigger package. We're making progress on that [Read more]

Keystone XL

‘Ash, smoke and flames everywhere’: Memories of the 2016 Fort McMurray wildfire

May 1, 20262:00 PM The Canadian Press0 Comments

FORT MCMURRAY - A massive wildfire quickly spread into the oilsands city of Fort McMurray, Alta., on May 3, 2016. It forced more than 90,000 people out of the region, damaged or levelled 2,500 homes and scorched nearly 5,900 square kilometres of forest. Its cause remains unknown, but officials have said it rapidly grew due to an unusually dry and hot summer. It left a mark on many people in the city. Here are some of their memories of the day the fire known as The Beast came to [Read more]

Suncor

US LNG exports to Asia surged in April as Middle East conflict curtailed supply

May 1, 20261:47 PM Reuters0 Comments

U.S. exports of liquefied natural gas to Asia jumped in April, with American producers helping offset reduced supplies from Middle Eastern exporters as the Iran war curtailed output in the region, preliminary ship-tracking data from financial firm LSEG showed. Nearly a quarter of all U.S. LNG exports went to Asia during the month, marking a sharp increase since the conflict began in late February and underscoring the growing role of the U.S. as a swing supplier amid elevated prices and [Read more]

Exxon Mobil LNG

Owners of WildFire Energy explore $4 billion-plus sale of US shale operator, sources say

May 1, 202612:52 PM Reuters0 Comments

West Texas Oil Well

Investment firms Warburg Pincus and Kayne Anderson are exploring a potential sale of WildFire Energy, with any deal expected to value the U.S. shale operator at more than $4 billion including debt, people familiar with the matter said. The move comes at a time when crude prices have surged, with U.S. benchmark oil back above $100 per barrel this week, due to the conflict in the Middle East. While the disruption to energy markets, and the wider global economy, is substantial, the value of energy [Read more]

Yangarra Announces Voting Results from the Annual Meeting

May 1, 202611:32 AM Globe Newswire

Yangarra Resources

CALGARY, Alberta, May 01, 2026 (GLOBE NEWSWIRE) -- Yangarra Resources Ltd. ("Yangarra" or the "Corporation") (TSX:YGR) announces the voting results from its Annual Meeting of shareholders held in Calgary, Alberta on May 1, 2026 (the “Meeting”). Each of the matters voted on at the Meeting is outlined in the Information Circular dated March 25, 2026 and is available on SEDAR+ (www.sedarplus.ca). The voting results for each matter presented at the Meeting are below: Fixing Number of Directors A [Read more]

Yangarra Resources

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