How projects move forward when timelines compress and conditions change In today’s energy and infrastructure environment, pressure is no longer the exception, it’s the baseline. Across North America, a new wave of investment is accelerating project timelines. Industry estimates suggest more than $1 trillion in new pipeline infrastructure will be required in the coming decades, driven by rising energy demand, LNG exports, and electrification. At the same time, a surge in LNG and export [Read more]
News
Texas power demand growth nearly five times the broader US, report says
Electricity demand in Texas grew 9% in recent months, nearly five times the U.S. average, driven by the expansion of data centers and cryptominers in the Lone Star State, according to data released by Hitachi Energy on Thursday. * The Texas power grid saw the largest jump in both power demand and the addition of new power supplies of any of the country's grids in the six months ended in March 2026, the Hitachi Energy Grid Pulse report said. * "Load growth over the last six months has been [Read more]
More oil escapes Hormuz, keeping traders guessing: Bousso
The trickle of tankers exiting the Strait of Hormuz has gathered pace in recent weeks, as traders adopt stealth measures to make the crossing. While this is freeing some of the vast oil inventories trapped in the Gulf, it does not signal a slow return to normalcy. Instead, it previews the opaque, fragmented energy market the Iran war is set to leave in its wake. More than four months into the conflict, the U.S. and Iran are still struggling to hammer out an agreement to formally end the war [Read more]
Oil falls as Lebanon and Israel agree on a ceasefire
Oil prices fell on Thursday as a ceasefire deal between Israel and Lebanon boosted hopes for a broader agreement to end the U.S.-Israeli war with Iran that could lead to a reopening of the Strait of Hormuz. Brent futures were down 87 cents, or 0.89%, at $96.92 a barrel by 0458 GMT, while U.S. West Texas Intermediate crude fell 78 cents, or 0.81%, to $95.24, paring gains from earlier in the week. Both Brent and WTI rose about 2% on Wednesday after renewed Middle East hostilities including [Read more]
Tourmaline Declares Quarterly Dividend and Announces Election of Directors
CALGARY, AB, June 3, 2026 /CNW/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to announce that its Board of Directors has declared a quarterly cash dividend on its common shares of $0.50 per share. The dividend will be payable on June 30, 2026 to shareholders of record at the close of business on June 15, 2026. This quarterly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes. ELECTION OF DIRECTORS Tourmaline [Read more]
PHX Energy Announces Increase to its 2026 Capital Expenditure Program
CALGARY, Alberta, June 03, 2026 (GLOBE NEWSWIRE) -- PHX Energy" or the "Corporation") (TSX: PHX) announces that its Board of Directors (the "Board") has approved an increase to its 2026 capital expenditure program (the "Program") to $80 million, a $15 million increase from the previously announced Program. The increased investment is expected to be primarily directed towards expanding the Corporation's fleet of Rotary Steerable Systems ("RSS") in Canada and the United States, Atlas High [Read more]
‘Que-Berta’: Alberta, Quebec premiers eye co-operation on economy, autonomy
QUÉBEC - The premiers of Alberta and Quebec say they want to take inspiration from each other on how to grow autonomy within Canada. Alberta Premier Danielle Smith and Quebec Premier Christine Fréchette met in Quebec City on Wednesday afternoon as sovereignty movements in both provinces try to gain momentum. "We often get a lot of wisdom from some of the legislation going through the Quebec legislature, which I'm watching with great interest," Smith told journalists ahead of her meeting [Read more]
Discount on Western Canada Select widens
The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures widened on Wednesday. WCS for July delivery in Hardisty, Alberta, settled at $12.40 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, compared with $12.25 a barrel on Tuesday. * Since the start of the U.S. war on Iran, the WCS differential has been driven by the WTI market's extreme backwardation, a term for when immediate deliveries trade at a premium over [Read more]
TransAlta to buy Blackstone-backed Colorado gas-fired plants for $1 billion
Canadian power producer TransAlta Corp said on Wednesday it will acquire two natural gas-fired peaking facilities near Denver, Colorado, from Blackstone for about $1 billion, strengthening its presence in the Western U.S. power market. Power producers are adding flexible gas-fired capacity to support rising demand, as the industry prepares for a rapid growth in electricity consumption, partly driven by power-hungry data centers. The assets, Mountain Peak Power and Canyon Peak Power, have a [Read more]
Global Energy Show kicking off in Calgary next week against backdrop of oil shock
CALGARY - Premiers, energy ministers, CEOs and a throng of international visitors are poised to descend on Calgary next week, when the annual Global Energy Show kicks off against a vastly different backdrop than the event last year. A year ago Alberta Premier Danielle Smith was just beginning to float the idea of a new West Coast oil pipeline, her government had yet to sign an energy accord with Ottawa setting out conditions for that plan and there was no war in the Middle East upending [Read more]
- « Previous Page
- 1
- …
- 19
- 20
- 21
- 22
- 23
- …
- 3735
- Next Page »