Calgary, Alberta--(Newsfile Corp. - February 15, 2026) - Prospera Energy Inc. (TSXV: PEI) (OTC Pink: GXRFF) ("Prospera", “PEI”, the “Company”, or the "Corporation") is pleased to provide an operational update highlighting the continued success of our corporate reactivation strategy in Luseland. Recent field operations and production engineering initiatives have successfully reactivated numerous wells, now delivering strong reservoir oil production rates. Ongoing technical learnings and [Read more]
News
Trump, Netanyahu agreed US should press Iran to cut oil sales to China, Axios reports
President Donald Trump and Israeli Prime Minister Benjamin Netanyahu agreed at a White House meeting on Wednesday that the U.S. would work to reduce Iran's oil exports to China, Axios reported, citing two U.S. officials briefed on the issue. "We agreed that we will go full force with maximum pressure against Iran, for example, regarding Iranian oil sales to China," Axios reported on Saturday, quoting a senior U.S. official. China accounts for more than 80% of Iran's oil exports. Any reduction [Read more]
Peyto Exploration & Development Corp. Confirms Monthly Dividend for March 13, 2026
CALGARY, Alberta, Feb. 13, 2026 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the monthly dividend with respect to February 2026 of $0.11 per common share is to be paid on March 13, 2026, for shareholders of record on February 28, 2026. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to [Read more]
South Bow Shares Findings of Root Cause Analysis of Milepost 171 Incident
CALGARY, Alberta, Feb. 13, 2026 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) and the Pipeline and Hazardous Materials Safety Administration (PHMSA) have received the independent third-party root cause analysis (RCA) of the incident that occurred at Milepost 171 (MP-171) of the Keystone Pipeline on April 8, 2025, near Fort Ransom, N.D. Root cause analysis findings According to the RCA, the characteristics of the MP-171 incident were unique. Both the [Read more]
Tuktu Resources Ltd. Announces Executive Leadership Changes
Calgary, Alberta--(Newsfile Corp. - February 13, 2026) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company", a junior oil and gas producer based in Calgary, Alberta, announces leadership changes, effective immediately. Tuktu is pleased to welcome Craig Wall, CPA, CA as Chief Financial Officer (CFO). Craig brings over 25 years of experience as a senior finance professional, beginning his career with EY and KPMG before transitioning to the oil and gas sector. Mr. Wall previously held [Read more]
US drillers cut three oil rigs, add three gas rigs, leaving weekly count unchanged, says Baker Hughes
U.S. energy firms this week cut three oil rigs and added three natural gas rigs, keeping the overall rig count unchanged, energy services firm Baker Hughes said in its closely followed report on Friday. After rising for three weeks in a row, the oil and gas rig count, an early indicator of future output, held at 551 in the week to February 13. Baker Hughes said that left the total count down 37 rigs, or 6% below this time last year. Baker Hughes said oil rigs fell by three to 409 this week, [Read more]
Teine Energy Ltd. Announces Duvernay Tuck-in Acquisition
CALGARY, AB, Feb. 13, 2026 /CNW/ - Teine Energy Ltd. ("Teine") announces that it has entered into a definitive agreement to acquire all the outstanding shares of TMax Energy Ltd., increasing Teine's total Duvernay acreage to over 700 sections. Teine is currently producing over 10,000 boe per day within the Carrot Creek Duvernay lands. Teine was represented by Bennett Jones LLP. About Teine Energy Ltd. Teine is a private Calgary-based exploration, development and production [Read more]
Caturus signs LNG supply deal with Saudi Aramco
U.S. gas producer Caturus said on Friday it signed a 20-year agreement to supply 1 million tonnes per annum of LNG to Saudi Aramco from its proposed Louisiana export project. Last month, Reuters reported the deal, citing sources, between Aramco and Commonwealth LNG, owned and operated by Caturus. Commonwealth had said it wants to get to 8 mtpa in offtake to get to FID. Commonwealth's Phase 1 development will generate an estimated $3.5 billion in annual export revenue, with operations [Read more]
Enbridge rises to record high as quarterly profit tops estimates
(Updates) ** Shares of Canadian pipeline operator Enbridge gain 2.1% to reach a record high of C$72.05 ** Co reported quarterly adjusted profit of 88 Canadian cents per share, compared with the analysts' average estimate of 77 Canadian cents - LSEG ** Co says it has about C$39 bln in projects under development, with roughly C$8 bln expected to enter service this year ** "We continue to advance over 50 data center opportunities across North America, requiring up to 10 billion cubic [Read more]
US allows oil majors to resume Venezuela operations, broadly okays new energy investments
The U.S. eased sanctions on Venezuela's energy sector on Friday, issuing two general licenses that allow global energy companies to resume oil and gas operations in the OPEC member and for other companies to negotiate contracts on investments in new energy operations. The Treasury Department's Office of Foreign Assets Control issued a general license allowing Chevron, BP, Eni, Shell and Repsol to resume oil and gas operations in Venezuela. The other license allows companies around the [Read more]
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