CALGARY, Alberta, Aug. 05, 2026 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) reports its second-quarter 2026 financial and operational results. Unless otherwise noted, all financial figures in this news release are presented in U.S. dollars. Highlights Safety and operational performance Recorded second-quarter 2026 average throughput of approximately 596,000 barrels per day (bbl/d) on the Keystone Pipeline and approximately 800,000 bbl/d on the [Read more]
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Keyera Increases Quarterly Dividend by 4.17% and Announces Third Quarter Distribution
CALGARY, AB, Aug. 5, 2026 /CNW/ -- Keyera Corp. (TSX: KEY) ("Keyera") announced today it is increasing its quarterly cash dividend per common share by 4.17% from $0.54 to $0.5625, or $2.25 annually. The dividend payment for the third quarter of 2026 will be $0.5625 per common share and will be payable on September 29, 2026, to shareholders of record on September 15, 2026. The ex-dividend date is September 15, 2026. This dividend is an eligible dividend for the purposes of the Income Tax Act [Read more]
Birchcliff Energy Ltd. Announces Appointment of New Director
CALGARY, Alberta, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce the appointment of Rebecca Schulz to the Corporation’s Board of Directors, effective today. Ms. Schulz is a public affairs and policy leader with extensive experience across government, business, energy, environment and economic development. She is currently Vice President, Regulatory and External Affairs of Whitecap Resources Inc. Prior thereto, Ms. [Read more]
Deal to reopen Hormuz?
As mediators shuttle drafts between Tehran and Washington, the shape of a possible Hormuz deal is becoming clearer even as its timing remains anything but certain. Yet despite President Donald Trump's upbeat talk of negotiations "moving along nicely" and a strait reopening "very soon", negotiators are still haggling. With one regional source warning that "the devil is in the details" and another noting that a single Trump post could upend the process, the pace of diplomacy remains as volatile as [Read more]
US upstream oil and gas second-quarter dealmaking dives on volatility
Dealmaking in the U.S. upstream oil and gas sector shrank fourfold to $9 billion in the second quarter of this year as volatile oil prices tempered investor confidence, analytics firm Enverus said on Wednesday. "Crude volatility tied to the Iran conflict and a softening gas outlook likely widened the bid-ask spread and complicated valuations, which pushed announced value to one of its lowest quarterly totals in years," said Andrew Dittmar, principal analyst at Enverus Intelligence [Read more]
Suncor not ready to speed output growth, CEO says, despite government’s pro-oil stance
Suncor Energy is not yet willing to accelerate plans for production increases, the company's CEO said on Wednesday, despite large-scale policy reforms promised by the federal and Alberta governments in an effort to spur growth in Canada's oil industry. The comments underline uncertainty around whether the federal government's friendlier stance toward the energy sector will translate into increased company investment and higher output in Canada, the world's fourth-largest oil producer. Suncor's [Read more]
Too soon to say whether pipeline agreement could change Suncor’s outlook: CEO
The chief executive of oilsands giant Suncor Energy Inc. says he's encouraged by the tone in Canada surrounding the sector compared with the past decade, but it's still too early to say whether recent government commitments can help spur future growth. Speaking to analysts on Wednesday as Suncor reported its second-quarter earnings, CEO Rich Kruger described a "very different mood" today than it has been in the past when it comes to the future of the oil and gas industry. Last month, [Read more]
BP posts profits, says exit from Bay du Nord oil project shows disciplined investing
ST. JOHN'S - British oil company BP says it withdrew from the proposed Bay du Nord offshore oil project off the east coast of Newfoundland to free up some money. The company published its second-quarter financials on Tuesday, saying the period was marked by deep disruptions in the global energy market. It nonetheless posted profits of $3.9-billion, more than double its second-quarter profits last year. Oil companies are posting significant gains as fighting in Iran upends the global [Read more]
Iran and Oman reach understanding on coordinates of route through Hormuz, Iran ministry says
Iran and Oman have reached an understanding on the geographic coordinates for a shipping route through the Strait of Hormuz, and a joint announcement is being finalised, provided certain third parties did not interfere, Iran's Foreign Ministry spokesperson Esmaeil Baghaei said on Wednesday. Baghaei added that any such agreement between Iran and Oman would not, by itself, guarantee security in the strategic waterway. The proposed deal between Iran and Oman would give Tehran control over [Read more]
US crude inventories rise as refinery runs ease and imports climb, EIA says
U.S. crude stocks rose as refineries eased processing slightly and imports edged higher, data from the Energy Information Administration showed on Wednesday. Crude inventories rose by 2.5 million barrels to 407 million barrels in the week ended July 31, the EIA said, compared with analysts' expectations in a Reuters poll for a 1.5 million-barrel draw. Total crude stocks, including commercial and barrels held in the U.S. government's Strategic Petroleum Reserves, eased to 711.8 million [Read more]
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