The Iran oil shock has upended rate forecasts and roiled U.S. Treasury markets - driving volatility to its highest in nearly a year and forcing selling that is taking a serious toll on liquidity. The risk is that the tremors spread further. One of the key attractions of the U.S. Treasury debt market is its sheer scale. At $30 trillion, it is deep enough for the world's biggest buyers and sellers to move in and out without shifting the price - a rare quality in any asset market. That [Read more]
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ADNOC CEO calls any Iran curbs on Hormuz passage ‘economic terrorism’
Abu Dhabi state oil company ADNOC's CEO Sultan Al Jaber described any restriction of passage through the Strait of Hormuz by Iran as "economic terrorism". "When Iran holds Hormuz hostage, every nation pays the ransom, at the gas pump, at the grocery store, at the pharmacy," Al Jaber said in a speech in the U.S. on Wednesday. "No country can be allowed to destabilize the global economy in this way. Not now. Not ever." Al Jaber, during a meeting with U.S. Vice President JD Vance earlier [Read more]
Oil prices climb as investors reassess Middle East ceasefire prospects
Oil prices climbed on Thursday, recovering some of the previous day's losses as investors reexamined prospects for de-escalation in the Middle East as Iran said it was still reviewing a U.S. proposal to end the war, which has disrupted energy flows. Brent futures rose $1.13, or 1.1%, to $103.35 a barrel by 0051 GMT, while U.S. West Texas Intermediate crude futures were up $1.08, or 1.2%, at $91.40 a barrel. Both benchmarks slumped more than 2% on Wednesday. Despite reviewing the [Read more]
LNG Canada, Coastal GasLink sign pipeline deal, bringing projects closer to reality
VICTORIA - The companies behind the Coastal GasLink pipeline and the massive LNG Canada facility in Kitimat, B.C., have signed agreements that bring both of their second phases closer to reality. TC Energy says the agreement to establish a "comprehensive commercial framework" is an important milestone for advancing its Coastal GasLink Phase 2, while supporting LNG Canada's pathway to a final decision on its second stage. The LNG Canada expansion is on Prime Minister Mark Carney's list of [Read more]
Petrus Resources Announces Monthly Activity Update
CALGARY, Alberta, March 25, 2026 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to announce the most recent version of the Company’s monthly activity update can be found on the Company's website at https://www.petrusresources.com/monthlyupdates. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. FOR FURTHER INFORMATION PLEASE [Read more]
Pine Cliff Energy Ltd. Provides Operational Update and Declares Monthly Dividend for April 30, 2026
Calgary, Alberta--(Newsfile Corp. - March 25, 2026) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") is pleased to announce initial production results from its recently completed Glauconite well and the monthly dividend for April 2026. Operational Update Pine Cliff successfully drilled one gross (1.0 net) Glauconite well in the Central Alberta Caroline area in December 2025 that was completed and brought on production in the second half of February 2026. [Read more]
TC Energy inks new deals for GasLink expansion
TC Energy said on Wednesday that its Coastal GasLink pipeline project has signed commercial agreements with LNG Canada to advance the project's second phase. The agreements mark a key milestone for Coastal GasLink Phase 2, which still requires a final investment decision by LNG Canada and its joint venture participants, along with approvals from Coastal GasLink. These agreements create a commercial framework that advances LNG Canada toward FID by supporting front-end engineering and [Read more]
Alberta, Ottawa reach ‘agreement-in-principle’ on methane emissions
CALGARY - Alberta and Ottawa have reached an "agreement-in-principle" that puts the province in control of regulating its methane emissions, with final rules expected by the end of this year. The federal and provincial governments inked a sweeping accord in November touching on several energy policy matters, including a plan to reach a methane equivalency agreement on or before April 1 aimed at eliminating the overlap between federal and provincial rules. “Canada is strongest when we work [Read more]
Freeport CEO says Iran war energy disruptions could delay new US LNG projects
Supply disruptions linked to the U.S.-Israeli war on Iran could delay construction of liquefied natural gas projects slated for development in the U.S., Freeport LNG CEO Michael Smith said on Wednesday at the CERAWeek energy conference in Houston. The U.S. is the world’s largest LNG exporter and has more new capacity under construction than any other country. Smith said the conflict’s impact could extend beyond oil and gas supply chains, affecting key materials such as steel and components [Read more]
Canada advances global energy leadership at CERAWeek
HOUSTON, March 25, 2026 /CNW/ - As global energy markets face volatility, Canada is offering predictability and stability to our partners. Canadian energy already plays a central role in North American energy security, and we are now expanding our global reach to increase our exports, unlock new financing and seize opportunities for Canadian companies and supply chains so we can create security and prosperity for Canadians and our allies. Now more than ever, the case for Canadian energy is [Read more]
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