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US power plants may avert retirement in 2026, EIA says

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U.S. power plants scheduled to be retired in 2026 could stay online longer, the Department of Energy's research arm said on Monday, building on a trend that began last year as electricity use and prices hit record levels in some parts of the country. Across the U.S., some 11 gigawatts of power-generating capacity had been expected to shut this year, according to the Energy Information Administration. Nearly 60% of that is coal-fired power and the rest is natural gas-fired, the EIA said in its [Read more]

US Supreme Court to hear Exxon and Suncor bid to toss Boulder’s climate suit

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The U.S. Supreme Court agreed on Monday to hear a bid by ExxonMobil and Suncor Energy to scuttle a lawsuit brought by officials in Boulder, Colorado that seeks to hold the oil companies liable for helping to fuel climate change. The justices took up an appeal by the companies of a lower court's ruling that let the litigation move forward. The suit alleging state law violations by the companies seeks unspecified monetary damages for costs incurred by Boulder associated with mitigating the [Read more]

US natgas prices at Waha Hub in Texas in negative territory for record 12th day

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U.S. spot natural gas prices for Monday at the Waha Hub in the Permian Shale in West Texas closed in negative territory for a record 12th time in a row as pipeline constraints trap gas in the nation's biggest oil-producing basin, forcing some energy firms to pay others to take gas associated with their oil production. Analysts have long said negative prices were a sure sign the Permian region, which spans West Texas and eastern New Mexico, needs more gas pipes. More pipes are on the way later [Read more]

US natgas prices climb as winter storm batters US Northeast, LNG export flows near record

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U.S. natural gas futures rose about 1% to a one-week high on Monday on near-record LNG export flows and forecasts for more demand than previously expected over the next two weeks as another winter storm buries the U.S. Northeast in snow. Gas futures for March delivery on the New York Mercantile Exchange rose 4.3 cents, or 1.4%, to $3.090 per million British thermal units, putting the contract on track for its highest close since February 13 for a second day in a row. In the cash market, [Read more]

Watch out for oil’s disappearing disinflationary drag: McGeever

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Oil prices have been a consistent disinflationary force for the U.S. and global economies since mid-2024. That may be about to change. Fueled by signs of a solid upturn in economic activity at the start of the year and bubbling U.S.-Iran tensions that could spark military conflict, Brent and West Texas Intermediate crude oil futures are the highest in nearly seven months. WTI rose above $67 a barrel on Friday and Brent topped $72, lifting their year-to-date gains to around 15% and nearly [Read more]

Corporate Calgary’s VIP Networking Stampede Parties – Bootleggin’ Breakfast

👍It’s all about the polish and prestige to impress your clients & staff at Calgary’s premium hotel ballrooms! Elevated events with curated breakfasts, CCMA award winning entertainment and private bar service. ✅ Buy Tickets & Corporate Tables NOW: www.BootlegginBreakfast.com 🤠JULY 7 @ Westin Calgary EARLY BIRD TICKET & TABLE PACKAGES 🔺$145 Individual Ticket 🔺$870 Half Table For 6 Guests 🔺$1225 Premium Half Table For 8 Guests (XL Table) 🔺$1740 Table of 12 🔺$1825 [Read more]

GLJ Ltd. and Techno Canada Inc. Launch Joint Venture to Strengthen Energy Certification and Consulting Services

Goa, India – GLJ Ltd. (“GLJ”) and Techno Canada Inc. (“TCI”) are pleased to announce the signing of a new joint venture agreement, GLJ WW Private Limited, formalized on January 27, 2026, at the opening day of India Energy Week 2026 in Goa. This joint venture brings together two firms with complementary strengths: certification, engineering studies, and evaluations. Building on that foundation, GLJ WW will combine GLJ’s high-quality geological and geophysical services with TCI’s extensive [Read more]

Spartan Delta Corp. announces year-end 2025 results, filing of its 2025 AIF, and operations update

  CALGARY, AB, Feb. 23, 2026 /CNW/ - Spartan Delta Corp. ("Spartan" or the "Company") (TSX: SDE) is pleased to report its financial and operating results for the fourth quarter and year ended December 31, 2025, filing of its Annual Information Form ("AIF"), and provide an operations update. Selected financial and operational information is set out below and should be read in conjunction with Spartan's audited financial statements and related management's discussion and [Read more]

Cardinal Energy Ltd. Announces 2025 Year-End Reserves

Calgary, Alberta--(Newsfile Corp. - February 23, 2026) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to present the results of its independent reserve reports effective December 31, 2025. Consistent with prior years, Cardinal's year-end 2025 non-thermal reserves were evaluated by GLJ Ltd. ("GLJ"). The thermal reserves were independently evaluated by McDaniel & Associates Consultants Ltd. ("McDaniel") (the GLJ report and the McDaniel report being collectively the [Read more]

Parex Resources Announces Proposal to Acquire Frontera Energy’s Colombian E&P Assets

CALGARY, Alberta, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT), announced today that it has submitted an acquisition proposal (the “Proposal”) to the Board of Directors (the “Frontera Board”) of Frontera Energy Corporation (TSX: FEC) to acquire all of Frontera’s Colombian upstream business in an all-cash offer for consideration of US$500 million, plus the assumption of debt, in addition to a contingent payment of US$25 million with terms that are [Read more]