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]
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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]
Are global oil stocks big enough to weather another six months of US-Iran war?
As the U.S.-Iran war drags on with no end in sight, oil traders and policymakers are grappling with a critical question: are global oil stocks enough to offset what could become the biggest supply disruption on record? The answer is far from clear, depending not only on how much oil remains in storage, but also on how much of it can actually be released. DISRUPTION DOESN'T GET ANY EASIER How long reserves would last can only be ascertained by figuring out the size of the current [Read more]
Oil eases as weaker demand outlook counters Mideast supply concerns
Oil prices eased on Thursday after gains in previous sessions, as attention turned to expectations of weaker global oil demand this year, while there was no progress on opening the vital Strait of Hormuz. Brent futures slipped 42 cents, or 0.47%, to $88.56 a barrel by 0405 GMT. U.S., trimming gains made over the previous six sessions. West Texas Intermediate (WTI) crude fell 55 cents, or 0.66%, to $82.72, after advancing over the past five sessions. A senior Iranian source said on [Read more]
Prairie Provident Resources Announces Second Quarter 2026 Results
CALGARY, Alberta, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) announces its financial and operating results for the second quarter of 2026. The Company’s interim financial statements for the three and six months ended June 30, 2026, and related Management’s Discussion and Analysis (“MD&A”) are available on the Company’s website at www.ppr.ca and filed on SEDAR+ at www.sedarplus.ca. Q2 2026 REVIEW AND UPDATE [Read more]
Pine Cliff Energy Ltd. Announces Second Quarter 2026 Results, and Capex Guidance Update
Calgary, Alberta--(Newsfile Corp. - August 12, 2026) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") announces its second quarter 2026 financial and operating results, and an update to its capex guidance for 2026. Second Quarter 2026 Summary Highlights Generated $5.9 million ($0.02 per basic and fully diluted share) and $15.5 million ($0.04 per basic and fully diluted share) of adjusted funds flow1 for the three and six months ended June 30, 2026, [Read more]
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