CALGARY, AB, March 5, 2026 /CNW/ - Headwater Exploration Inc. (the "Company" or "Headwater") (TSX: HWX) announces its operating and financial results for the three months and year ended December 31, 2025. Selected financial and operational information is outlined below and should be read in conjunction with the audited financial statements and the related management's discussion and analysis ("MD&A"). In addition, readers are also directed to the Company's Annual Information [Read more]
News
Discount on Western Canada Select narrows
The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures narrowed on Thursday. WCS for April delivery in Hardisty, Alberta, settled at $12.20 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, compared with $12.45 on Wednesday. * The discount on heavy Canadian crude has narrowed by approximately $1.50 since the U.S.-Israel war on Iran began. * With the Strait of Hormuz closed, there is a supply shortage of heavy and [Read more]
South Bow moves to revive parts of Keystone XL with binding shipper commitments
Canadian pipeline operator South Bow said on Thursday it has launched a formal open season seeking binding long-term shipping commitments for a revival of part of the Keystone XL oil pipeline, a move that could boost Canada's crude exports to the United States by more than 12%. The open season, which runs until March 30, would solicit transportation commitments from Hardisty, Alberta, to U.S. delivery points. South Bow will then conduct a 60-day review of the results before deciding on next [Read more]
New coalition targets $100M for Canadian carbon removal projects by 2030
An emerging industry to remove carbon dioxide out of the atmosphere got a boost on Thursday with the launch of an initiative to raise another $100 million for those projects. The federal government, RBC, BMO and Shopify are among the founding members of what's being billed as the Advance Carbon Removal Coalition. The coalition says its members aim to mobilize $100 million in new support for Canadian carbon removal projects by 2030, on top of the $75 million they've contributed to [Read more]
South Bow Reports Fourth-quarter and Year-end 2025 Results and Declares Dividend
CALGARY, Alberta, March 05, 2026 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) reports its fourth-quarter and year-end 2025 financial and operational results. Unless otherwise noted, all financial figures in this news release are unaudited and presented in U.S. dollars. Highlights Safety and operational performance Achieved occupational safety excellence with a zero recordable case rate in 2025, a year of significant activity that included [Read more]
Advantage Announces Record 2025 Year-End Results
(TSX: AAV) CALGARY, AB, March 5, 2026 /CNW/ - Advantage Energy Ltd. ("Advantage" or the "Corporation") is pleased to report 2025 year-end financial and operating results. Advantage achieved exceptional results during the year, with record production, strong reserves metrics, compelling recycle ratios(a) and significantly enhanced adjusted funds flow per share(a). Our core Glacier/Valhalla assets continue to demonstrate resilience in a volatile commodities environment, with highly [Read more]
Yangarra Announces 2025 Year End Financial and Operating Results and Reserves
CALGARY, AB, March 5, 2026 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX: YGR) announces its financial and operating results and reserves for the year ended December 31, 2025. 2025 Operations Review Yangarra drilled 14 wells during 2025, spending $43.6 million on drilling & completions. Three of the 14 wells in the program were not on-stream at of year-end During 2025, Yangarra dedicated $8.5 million of strategic capital designed to create [Read more]
US weighs oil futures market action to combat rising energy prices – WH official
The U.S. Treasury Department is expected to announce measures as soon as Thursday aimed at combating rising energy prices, including potential action involving the oil futures market, a senior White House official said. The potential move would mark an unusual attempt by Washington to influence energy prices through financial markets, rather than physical oil supplies, as officials race to blunt the political and economic impact of rising fuel costs. Brent crude has jumped to roughly $85 a [Read more]
Trump on rising gas prices during Iran operation: ‘If they rise, they rise’
President Donald Trump said on Thursday he was not concerned about rising U.S. gas prices driven by the widening Iran conflict, telling Reuters in an exclusive interview that the U.S. military operation was his priority. "I don't have any concern about it," he said, when asked about the higher prices at the pump. "They'll drop very rapidly when this is over, and if they rise, they rise, but this is far more important than having gasoline prices go up a little bit." The comments mark a [Read more]
Trump tells Reuters US should have a role in choosing Iran’s next leader, encourages Kurdish opposition
U.S. President Donald Trump told Reuters on Thursday that he wants the United States to play a role in choosing Iran's next leader and encouraged Kurdish opposition groups to go on the offensive. Trump said in a telephone interview it was very early in the process of picking a new leader but that the late Supreme Leader Ayatollah Ali Khamenei's son Mojtaba was an unlikely choice, without elaborating. "We want to be involved in the process of choosing the person who is going to lead Iran [Read more]
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