CALGARY, AB, March 5, 2026 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX: YGR) announces its financial and operating results and reserves for the year ended December 31, 2025. 2025 Operations Review Yangarra drilled 14 wells during 2025, spending $43.6 million on drilling & completions. Three of the 14 wells in the program were not on-stream at of year-end During 2025, Yangarra dedicated $8.5 million of strategic capital designed to create [Read more]
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US weighs oil futures market action to combat rising energy prices – WH official
The U.S. Treasury Department is expected to announce measures as soon as Thursday aimed at combating rising energy prices, including potential action involving the oil futures market, a senior White House official said. The potential move would mark an unusual attempt by Washington to influence energy prices through financial markets, rather than physical oil supplies, as officials race to blunt the political and economic impact of rising fuel costs. Brent crude has jumped to roughly $85 a [Read more]
Trump on rising gas prices during Iran operation: ‘If they rise, they rise’
President Donald Trump said on Thursday he was not concerned about rising U.S. gas prices driven by the widening Iran conflict, telling Reuters in an exclusive interview that the U.S. military operation was his priority. "I don't have any concern about it," he said, when asked about the higher prices at the pump. "They'll drop very rapidly when this is over, and if they rise, they rise, but this is far more important than having gasoline prices go up a little bit." The comments mark a [Read more]
Trump tells Reuters US should have a role in choosing Iran’s next leader, encourages Kurdish opposition
U.S. President Donald Trump told Reuters on Thursday that he wants the United States to play a role in choosing Iran's next leader and encouraged Kurdish opposition groups to go on the offensive. Trump said in a telephone interview it was very early in the process of picking a new leader but that the late Supreme Leader Ayatollah Ali Khamenei's son Mojtaba was an unlikely choice, without elaborating. "We want to be involved in the process of choosing the person who is going to lead Iran [Read more]
Uniper holds LNG talks with Canada as Berlin seeks to cut US reliance, sources say
State-owned German energy group Uniper is holding talks with Canada to expand its liquefied natural gas purchases, three people familiar with the matter said, as part of Berlin's plans to strike a broad economic partnership and cut reliance on U.S. supplies. The discussions, which the sources said are taking place on a corporate and political level, are happening as Germany pitches for a Canadian submarine tender that is likely to involve deals in other areas, including rare earths, batteries [Read more]
More tankers come under attack as US-Iran conflict spreads in the region
More tankers came under attack in Gulf waters on Thursday as the U.S.–Iran war escalated, and Iranian drones entered Azerbaijan, threatening to spread the crisis to more oil producers in the region. A Bahamas-flagged crude oil tanker was targeted by an Iranian remote-controlled boat laden with explosives while anchored near Iraq's Khor al Zubair port, according to initial assessments. A second tanker at anchor off Kuwait was taking on water and spilling oil after a large explosion on its port [Read more]
Russia’s pipeline gas and LNG exports
Russian President Vladimir Putinsaid on Wednesday that it could be beneficial for Russia to halt gas supplies to Europe right now amid a spike in energy prices triggered by the Iran crisis, rather than wait for a European ban on remaining purchases. He pointed to new markets opening up for Russian gas, such as China, and linked any such decision to Europe's "misguided policies". Following are some key facts about Russian sea-borne liquefied natural gas and pipeline gas [Read more]
Global economy faces inflation and growth test amid escalating conflict in Iran – Goldman
A temporary surge in oil prices to $100 per barrel could slow global growth by 0.4 percentage point, Goldman Sachs analysts said on Thursday, as a widening conflict in Iran chokes off vital Middle East oil and gas flows. Under its baseline forecast, Goldman expects oil prices to increase a bit further before moderating to $76 per barrel on average in the first quarter of 2026 and $65 in the fourth quarter. In an upside scenario, it expects oil prices to rise to about $100 per barrel, [Read more]
Tourmaline sells Alberta natural gas assets for $765 million
CALGARY - Tourmaline Oil Corp. says it has sold natural gas assets in northwestern Alberta for $765 million. The Calgary-based company says the buyer of the Peace River High assets is a "Canadian senior producer" but did not disclose its identity. The Competition Bureau said in an online notice in late January that it did not plan to challenge a transaction between Tourmaline and Canadian Natural Resources Ltd., one of Canada's top oil and gas producers, but provided no further [Read more]
Canadian Natural Resources Limited Announces Quarterly Dividend
Calgary, Alberta--(Newsfile Corp. - March 5, 2026) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that its Board of Directors approved a 6.4% increase to its quarterly cash dividend on its common shares to $0.625 (sixty-two and one half cents) per common share, up from the previous quarterly cash dividend of $0.5875 (fifty-eight and three quarter cents) per common share. The dividend will be payable on April 7, 2026 to shareholders of record at the close of business on [Read more]
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