Oil prices inched up on Friday after the United States threatened an indefinite naval blockade of Iran, reviving concerns about supply of crude after the previous session's fall on a weaker outlook for demand and a large build in U.S. stocks. Brent futures rose 1 cent, or 0.1%, to $87.08 a barrel by 0247 GMT, while U.S. West Texas Intermediate (WTI) crude futures rose 6 cents to $81.31 a barrel. The benchmarks were on track for weekly rises of about 4% after the prior session's fall of [Read more]
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Ensign Energy Services Inc. – Announces the Closing of the Acquisition of Citadel Drilling Ltd.
CALGARY, AB, Aug. 13, 2026 /CNW/ -- Ensign Energy Services Inc. ("Ensign") is pleased to announce that it has completed the acquisition of all of the issued and outstanding shares of Citadel Drilling Ltd. for consideration of US$65 million (subject to adjustments). All closing conditions were satisfied. Ensign funded the purchase price with cash on hand and available Credit Facilities. Robert Geddes, Ensign's President and Chief Operating Officer, commented on the acquisition: "We are [Read more]
Whitecap Resources Inc. confirms monthly dividend for August 2026 of $0.0608 per share
CALGARY, AB, Aug. 13, 2026 /CNW/ -- Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.0608 per common share in respect of August operations will be paid on September 15, 2026 to shareholders of record on August 31, 2026. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). About Whitecap Whitecap Resources Inc. is a leading Canadian energy company committed to delivering reliable returns to shareholders through the [Read more]
Stalled Alaska LNG pipeline bill sends ‘negative signal,’ governor says
Alaska Governor Mike Dunleavy said he was "deeply disappointed" that a bill to advance a pipeline for the Alaska LNG project to export natural gas to Asia stalled in the state legislature. Dunleavy said in a post on X late on Wednesday that the legislature's decision not to reconvene this session to vote on a tax change needed to advance the $50 billion pipeline and terminal project would send a "negative signal" to investors and potential partners. Legislators cited insufficient support for [Read more]
US can keep naval blockade on Iranian ports “indefinitely,” Pentagon chief says
The U.S. military has enough assets to maintain a naval blockade of Iran indefinitely, Defense Secretary Pete Hegseth said on Thursday, adding ships could be rotated in and out of the region as needed. Hegseth's comments suggest he is advising U.S. President Donald Trump that the U.S. military can keep applying economic pressure on Iran for as long as needed to help so-far failed negotiations to end the conflict, begun in February. "Indefinitely the United States Navy can maintain a [Read more]
Argo’s June Oil Production
Toronto, Ontario--(Newsfile Corp. - August 13, 2026) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") June 2026 oil production was 2,159 barrels, averaging 72 barrels per day. Oil prices averaged CAD$84 per barrel, and Argo's oil revenue was $181,184 and net operating cash flow was $116,962. June 2026 Oil Production Argo's interest Argo's Oil Revenue Argo's net operating cash flow Lindbergh 1 (37.5% [Read more]
The US says more oil is leaving the Middle East, but is it really?: Russell
Just how much crude oil is leaving the Strait of Hormuz? U.S. Energy Secretary Chris Wright claims almost nine million barrels per day, but the companies that track vessel movements say at best it is about half this volume. The amount of crude leaving the Middle East via the narrow chokepoint matters, as it's this oil that goes to Asia, the top energy-consuming region that has been hardest hit by the fallout since the U.S. and Israel attacked Iran on February 28. Wright said on social media [Read more]
InPlay Oil Corp. Announces Second Quarter 2026 Financial and Operating Results
CALGARY, AB, Aug. 13, 2026 /CNW/ -- InPlay Oil Corp. (TSX: IPO) (TASE: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") is pleased to announce its financial and operating results for the three and six months ended June 30, 2026. InPlay's unaudited interim financial statements and notes, and Management's Discussion and Analysis ("MD&A") for the three and six months ended June 30, 2026 will be available at "www.sedarplus.ca" and the Company's website at "www.inplayoil.com". An updated corporate [Read more]
ROK Resources Announces Normal Course Issuer Bid
NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES REGINA, SK / ACCESS Newswire / August 13, 2026 / ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK)(OTCQB:ROKRF) is pleased to announce that it has received conditional acceptance for its intention to make a normal course issuer bid ("NCIB") through the facilities of the TSX Venture Exchange ("TSXV") to purchase and cancel up to 18,157,025 in the capital of the Company ("Common Shares") during the one-year [Read more]
Tidewater Midstream and Infrastructure Ltd. announces second quarter 2026 results, operational update, and increase to 2026 financial guidance
(TSX: TWM) CALGARY, AB, Aug. 13, 2026 /CNW/ -- Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation" when referring to the consolidated group, and "Tidewater Midstream" when referring to the legal entity) (TSX: TWM) has filed its consolidated interim financial statements and Management's Discussion and Analysis ("MD&A") for the three and six months ended June 30, 2026. Second Quarter 2026 Highlights Consolidated net income attributable [Read more]
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