President Donald Trump on Tuesday said Iran shot down a U.S. Apache helicopter that was patrolling the Strait of Hormuz overnight and vowed to respond, but gave no other details. "I have just been informed by our Great Military that last night the Iranians shot down one of our highly sophisticated Apache Helicopters while patrolling over the Strait of Hormuz," Trump wrote in a social media post. "Nevertheless, the United States must, of necessity, respond to this attack," he [Read more]
News
Ksi Lisims LNG signs benefit agreements with First Nations
The lead developer of the Ksi Lisims liquefied natural gas project planned for the West Coast has announced benefit agreements with three First Nations in northern British Columbia. Houston-based Western LNG says two of those communities — the Metlakatla First Nation and Lax Kw’alaams Band — have in turn withdrawn their legal challenge to the federal approval of the $10-billion project. The third agreement is with the Gitxaala Nation. The benefit agreements cover aspects like economic [Read more]
US Energy Secretary says ship traffic through Strait of Hormuz rising ‘very meaningfully’
U.S. Energy Secretary Chris Wright said on Tuesday that ship traffic through the Strait of Hormuz is rising "very meaningfully" as the conflict with Iran continues. "I would say rising very meaningfully," Wright said when asked how ship traffic is flowing through the Strait compared to a week or two ago. Wright made the remarks during an Atlantic Council conference and added that it would take many months to get back to normal flows of energy once the war is over. Vessel movements on the [Read more]
New York state’s electricity reserves are shrinking, grid operator says
Electricity supplies in New York have shrunk over the last five years, leaving one of the most populous U.S. states at risk of falling short of the energy needed to power homes and businesses on the hottest and coldest days of the year, the state grid operator said on Tuesday. * The retirement of fossil fuel-fired power plants in New York has outpaced the addition of comparable new electricity generation, resulting in a 1.5 gigawatt net decline in supplies since 2019, the NYISO said in an [Read more]
Merchandise trade surplus $2.7 billion in April as oil prices help boost exports
OTTAWA - Statistics Canada says the country's merchandise trade surplus grew to $2.7 billion in April as higher oil prices helped boost exports to a record high. The agency says the result was the largest surplus since January 2025 and compared with a surplus of $1.8 billion in March. Total exports rose 1.6 per cent in April to reach a record $75.2 billion as exports of energy products rose 9.7 per cent, offset by a 17.5 per cent drop in metal and non-metallic mineral [Read more]
Permian Strategic Partnership Highlights $2.3 Billion in Regional Investment and Expanding Economic Impact Across the Permian Basin
New reports show the Permian Basin supports more than 940,000 U.S. jobs, generates billions in state revenue, and continues driving American energy leadership. MIDLAND, Texas, June 9, 2026 /PRNewswire/ -- The Permian Strategic Partnership (the PSP), a coalition of 25 leading Permian Basin energy companies and two university systems, today released its 2025 Annual Report and latest Power of the Permian economic impact report, highlighting how continued investment across the Permian Basin is [Read more]
Alberta Startup Targets Frac Water Storage Gap with 30,000 m³ Modular System
Freshet Systems has introduced the Freshet Tank, an innovative 30,000 m³ modular above ground water storage system designed for the scale, agility, and flexibility required in current hydraulic fracturing operations. Frac water logistics have changed dramatically over the past decade. Supply flowrates have increased threefold, and total water demand per development program has more than doubled in some assets. Yet much of the temporary water storage infrastructure used across the industry [Read more]
LNG demand in Asia recovers from Iran shock as China buys: Russell
Liquefied natural gas demand in Asia is quietly recovering from the shock of losing almost 20% of global supply to the Iran conflict as top buyer China shows signs of returning to the market. The biggest-importing region is on track for arrivals of 21.83 million metric tons in June, the most for five months and also up from the 21.55 million tons in the same month last year, according to data compiled by commodity analysts Kpler. Asia's LNG imports had dropped to a six-year low of 18.74 [Read more]
Alberta pitches cheap natural gas for data center boom
Alberta is touting its abundant supply of cheap fossil fuels to entice tech companies to build data centers for the AI boom, a move that would undermine Canada's plan to link new data center development with clean energy expansion. Canada is the world's fifth-largest producer of natural gas, around 60% of which comes from Alberta. As well as huge fossil fuel reserves, the western province boasts a cooler climate that can offset the cooling costs of data center infrastructure and plenty of [Read more]
Global Energy Show to kick off with natural resources minister, Alberta premier
CALGARY - The Global Energy Show kicks off today with an address from the federal natural resources minister, followed by sessions featuring a diverse slate of political and corporate leaders from Canada and abroad. Along with Tim Hodgson's speech on "building an energy superpower," Day 1 of the three-day conference is set to include discussions with Alberta Premier Danielle Smith and, later in the day, B.C. Energy Minister Adrian Dix. At last year's event, Smith made an early push for a [Read more]
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