TORONTO, April 24, 2026 /CNW/ - In a time of uncertainty, the federal government is positioning Canada as a secure energy superpower at home and abroad. In support of this objective, today, the Honourable Tim Hodgson, Minister of Energy and Natural Resources, announced that the Government of Canada has approved the Sunrise Expansion Program in British Columbia. The $4-billion natural gas expansion of Enbridge's Westcoast pipeline system will help meet growing energy needs in the province [Read more]
News
ROK Resources Files 2025 Financial Results and Management Discussion & Analysis
NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES REGINA, SK / ACCESS Newswire / April 24, 2026 / ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK)(OTCQB:ROKRF) announces the Company has filed its Annual Financial Results and Management Discussion & Analysis for the year ended December 31st, 2025. 2025 Financial and Operating Highlights Working Capital Surplus: Adjusted Net Surplus of $4.5 million, as compared to $10.6 million of Adjusted Net [Read more]
S&P Global Announces New Strategic Direction for Upstream Energy Business
Divests its geoscience and petroleum engineering software portfolio to global technology firm SLB in order to sharpen focus on proprietary data and insights Launches Titan, a new customer facing AI-powered platform for upstream data and insights Partners with SLB to distribute S&P Global Energy data and develop new tools NEW YORK, April 24, 2026 /PRNewswire/ -- Today, S&P Global announced strategic innovations and changes to its upstream energy business, beginning with a [Read more]
US exporters are plugging a Qatar-sized LNG supply hole – for now: Maguire
U.S. LNG exporters have so far offset the drop in shipments from Qatar following Iranian attacks on its facilities and the closure of key Middle East shipping lanes, ensuring that total supplies remain at record highs despite the war. The on-again, off-again peace talks with Iran mean that the repair of damaged Qatari liquefied natural gas export sites remains a distant prospect, and could result in a years-long dent to supplies from the world's third-largest producer. The attacks wiped [Read more]
Tanker HELGA arrives at Iraq’s Basra terminal to load crude, second since Hormuz closure, say sources
Oil tanker HELGA, sailing under the flag of Comoros, arrived at one of the offshore oil loading terminals in Iraq's southern Basra port on Friday and was preparing to load 2 million barrels of crude, two port sources said. The vessel is the second tanker to reach Basra's southern offshore terminals since the closure of the Strait of Hormuz, the sources added. (Reporting by Mohammed Aref; Editing by Susan Fenton) [Read more]
Eni says market underestimating Iran war’s impact on energy prices
The Iran war will have a bigger and more lasting impact on oil and gas prices than is being priced in, Eni's finance chief Francesco Gattei said on Friday as the group raised its estimate for 2026 Brent crude prices to $83 per barrel, from $70. Eni also lifted its forecast for Dutch TTF gas prices to 50 euros per megawatt hour, from 36 euros per MWh, as it reported first-quarter adjusted net profit of 1.3 billion euros ($1.5 billion), down from 1.4 billion euros a year earlier and below an [Read more]
Questerre to sell non-operated Kakwa Central assets for $23.5 million
THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, April 24, 2026 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (“Questerre” or the “Company”) reported today it has entered into a binding agreement to sell its non-operated minority working interest in its Kakwa Central assets for total consideration of $23.5 million. Pursuant to a purchase and sale agreement, the [Read more]
Gulf oil output likely to rebound within months after Hormuz reopening, Goldman says
Gulf oil production, sharply curtailed by the Iran conflict, is likely to mostly recover within a few months after the Strait of Hormuz fully reopens, but could take significantly longer, Goldman Sachs said on Thursday. The bank estimated about 14.5 million barrels per day of Gulf crude output – around 57% of pre-war supply – was offline in April, largely due to precautionary shutdowns and stock management rather than physical damage to oilfields. The Strait of Hormuz handles about a fifth [Read more]
Tuktu Resources Ltd. announces 2025 year end results and operations update
CALGARY, AB, April 23, 2026 /CNW/ - Tuktu Resources Ltd. ("Tuktu" or the "Company") (TSXV: TUK) is pleased to announce its financial and operating results for the three months and year ended December 31, 2025 and an operations update on its recently drilled and completed well. The audited financial statements, related management's discussion and analysis ("MD&A") and annual information form for the year ended December 31, 2025 ("AIF") are available on SEDAR+ at [Read more]
AER Order Suspends MAGA Energy Operations
Announcement - April 23, 2026 On April 22, 2026, the Alberta Energy Regulator (AER) issued an order requiring MAGA Energy Ltd. (MAGA) to suspend its operations to protect the public and environment. Based on MAGA’s unpaid municipal taxes, AER and Orphan Well Association debt, and failure to meet its commitments, the Director assessed that the Licensee does not have the capacity to fulfill its regulatory and liability obligations. MAGA currently holds 581 wells, 108 [Read more]
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