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News

Energy Transfer terminates offtake agreements with some customers of suspended Lake Charles LNG project

February 20, 20269:40 AM Reuters0 Comments

Energy Transfer has terminated offtake agreements with some customers of its suspended Lake Charles liquefied natural gas project in Louisiana, according to a filing with the U.S. Securities and Exchange Commission on Thursday. Here are some details: * "Several LNG offtake agreements have been terminated based on the nonsatisfaction of the condition related to making a final investment decision by the date specified in the applicable LNG offtake agreement," Energy Transfer said in a 10K [Read more]

Chevron LNG

Cenovus signals confidence in pipeline egress as production nears 1 million BOE/d

February 20, 20269:20 AM BOE Report Staff

Cenovus Christina Lake

Cenovus Energy signaled growing confidence in Canadian crude export capacity during its fourth-quarter earnings call, highlighting a sharp reduction in its exposure to Alberta pricing and an increasingly active role in securing new takeaway options. CEO Jon McKenzie and Geoff Murray, EVP Commercial, said the company has significantly diversified where its crude is sold compared with past years, lowering its vulnerability to Western Canadian Select (WCS) differential blowouts. “In 2018, we sold [Read more]

Cenovus MEG Energy

Logan Energy Corp. upsizes previously announced equity offerings to $65 million

February 20, 20267:23 AM CNW

CALGARY, AB, Feb. 20, 2026 /CNW/ - Logan Energy Corp. (TSXV: LGN) ("Logan" or the "Company") is pleased to announce that, as a result of excess demand, it has agreed with the syndicate of underwriters (the "Underwriters") co-led by National Bank Capital Markets as sole bookrunner and co-lead underwriter, and TD Securities Inc. as co-lead underwriter, to increase the size of its previously announced bought-deal equity financing (the "Equity Offerings"). Logan will now issue 45,274,000 common [Read more]

Logan Energy Spartan Delta

SECURE announces 2025 fourth quarter and year-end results, 2026 guidance and 5% dividend increase

February 20, 20265:00 AM CNW

  Achieved Full-Year 2025 Adjusted EBITDA of $501 million; Returned $373 million to shareholders in 2025 through dividends and the repurchase of 8% of outstanding shares Provides 2026 Adjusted EBITDA guidance of $520–$550 million Board approval of a 5% increase to the quarterly dividend rate to $0.105 per share CALGARY, AB, Feb. 20, 2026 /CNW/ - SECURE Waste Infrastructure Corp. ("SECURE" or the "Corporation") (TSX: SES), a leading waste management and energy [Read more]

Hydraulic Fracturing LNG Trans Mountain Pipeline

Trump ally ties up with Russia’s Novatek on natural gas in Alaska, NYT reports

February 20, 20262:20 AM Reuters0 Comments

American financier Gentry Beach, who has ties to U.S. President Donald Trump's family, signed an agreement with Russia’s energy giant Novatek last autumn to develop natural gas in Alaska amid Western sanctions against Russia, the New York Times reported on Friday. In August, Trump and Russian President Vladimir Putin met in Alaska for talks aimed at ending Russia's war in Ukraine. U.S. and Russian officials discussed several potential energy deals on the sidelines of the negotiations. [Read more]

Oil heads for first weekly gain in three as US-Iran tensions brew

February 19, 20269:43 PM Reuters0 Comments

*Oil prices hold at six-month highs *Geopolitical risk premiums remain near-term price driver *Supply remains ample, analysts say (Updates prices, adds details and analyst comments) By Laila Kearney and Trixie Yap Feb 20 - Oil prices rose on Friday, headed for their first weekly gain in three, on growing concerns a conflict may erupt between the U.S. and Iran, after Washington said Tehran will suffer if it does not agree a deal on its nuclear activity in a matter of days. Brent [Read more]

Alberta plans referendum to wrest control over immigration from Canadian government

February 19, 20266:52 PM Reuters0 Comments

Alberta will hold a referendum this fall to ask residents if its government should limit the number of new international students, temporary foreign workers and asylum seekers arriving in the oil-rich Canadian province. The move, announced by Premier Danielle Smith in a televised address on Thursday evening, represents an attempt by Alberta to wrest control of a key issue from the federal government. Immigration policy in Canada is primarily the responsibility of Ottawa, not the provinces. It [Read more]

Peyto Delivers Strong Reserves Additions in 2025

February 19, 20263:21 PM Globe Newswire

CALGARY, Alberta, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. ("Peyto" or the "Company") (TSX: PEY) is pleased to present the results and in-depth analysis of its independent reserves report effective December 31, 2025. The evaluation encompassed 100% of Peyto’s reserves and was conducted by GLJ Ltd. ("GLJ"). This marks the Company’s 27th year of successful reserves development. Certain financial and operating information included in this news release is based on [Read more]

GLJ Peyto Exploration

S&P/TSX composite rises more than 200 points helped by oil prices, U.S. markets slide

February 19, 20262:43 PM The Canadian Press0 Comments

TORONTO - Canada's main stock index rose more than 200 points on Thursday, while U.S. markets lost ground. Much of the gains on the TSX came from the energy sector, which benefited from rising oil prices amid worries about a potential conflict between the United States and Iran. The S&P/TSX composite index was up 205.25 points at 33,594.98. The April crude oil contract was up US$1.35 at US$66.40 per barrel. “Energy is the big sector today, that's why the Canadian market is doing [Read more]

Cenovus

Gran Tierra Energy Inc. Announces Disposition of Simonette Assets

February 19, 20262:26 PM Globe Newswire

CALGARY, Alberta, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE) is pleased to announce that it has entered into a purchase and sale agreement to sell its remaining working interest in the Simonette asset for total cash consideration of C$62.5 million and will have an effective date of January 1, 2026. The transaction completes Gran Tierra’s exit from Simonette and will deliver cash proceeds that will be directed [Read more]

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