CALGARY, AB, Feb. 13, 2026 /CNW/ - Teine Energy Ltd. ("Teine") announces that it has entered into a definitive agreement to acquire all the outstanding shares of TMax Energy Ltd., increasing Teine's total Duvernay acreage to over 700 sections. Teine is currently producing over 10,000 boe per day within the Carrot Creek Duvernay lands. Teine was represented by Bennett Jones LLP. About Teine Energy Ltd. Teine is a private Calgary-based exploration, development and production [Read more]
News
Caturus signs LNG supply deal with Saudi Aramco
U.S. gas producer Caturus said on Friday it signed a 20-year agreement to supply 1 million tonnes per annum of LNG to Saudi Aramco from its proposed Louisiana export project. Last month, Reuters reported the deal, citing sources, between Aramco and Commonwealth LNG, owned and operated by Caturus. Commonwealth had said it wants to get to 8 mtpa in offtake to get to FID. Commonwealth's Phase 1 development will generate an estimated $3.5 billion in annual export revenue, with operations [Read more]
Enbridge rises to record high as quarterly profit tops estimates
(Updates) ** Shares of Canadian pipeline operator Enbridge gain 2.1% to reach a record high of C$72.05 ** Co reported quarterly adjusted profit of 88 Canadian cents per share, compared with the analysts' average estimate of 77 Canadian cents - LSEG ** Co says it has about C$39 bln in projects under development, with roughly C$8 bln expected to enter service this year ** "We continue to advance over 50 data center opportunities across North America, requiring up to 10 billion cubic [Read more]
US allows oil majors to resume Venezuela operations, broadly okays new energy investments
The U.S. eased sanctions on Venezuela's energy sector on Friday, issuing two general licenses that allow global energy companies to resume oil and gas operations in the OPEC member and for other companies to negotiate contracts on investments in new energy operations. The Treasury Department's Office of Foreign Assets Control issued a general license allowing Chevron, BP, Eni, Shell and Repsol to resume oil and gas operations in Venezuela. The other license allows companies around the [Read more]
Join StackDX at NAPE in Houston – see how StackDX brings your land, wells, and documents into one interactive map…and maybe win some free cowboy boots
StackDX is on its way to the NAPE Summit in Houston next week, and we're looking forward to connecting with you! Come by booth 2924. StackDX brings your land, wells, and documents into one interactive map, giving you fast, searchable, and structured insights. Book time with us to enter a draw to win the boots! [Read more]
Pentagon to move carrier to Middle East from Caribbean, officials say
The Pentagon is sending an aircraft carrier from the Caribbean to the Middle East, two U.S. officials told Reuters on Friday, a move that would put two carriers in the region as tensions soar between the United States and Iran. The Gerald R. Ford carrier, the United States' newest and the world's largest carrier, has been operating in the Caribbean with its escort ships and took part in operations in Venezuela earlier this year. One of the officials, who was speaking on condition of [Read more]
Enbridge Reports Record 2025 Financial Results, Reaffirms 2026 Financial Guidance, and Grows Secured Backlog to $39 Billion
CALGARY, AB, Feb. 13, 2026 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported fourth quarter 2025 financial results, reaffirmed its 2026 financial guidance and provided a quarterly business update. Highlights (All financial figures are unaudited and in Canadian dollars unless otherwise noted. * identifies non-GAAP financial measures. Please refer to Non-GAAP Reconciliations Appendices.) Full-year GAAP earnings attributable to common shareholders of [Read more]
TC Energy beats profit estimates on natural gas, power demand
Canadian pipeline operator TC Energy beat analysts' estimates for fourth-quarter adjusted profit on Friday, helped by strength across its North American operations and increased demand for natural gas and power. Major pipeline operators such as TC Energy are doubling down on expectations of surging natural gas demand as liquefied natural gas export facilities expand and power-hungry AI systems, cryptocurrency miners and data centers ramp up electricity use. TC Energy's adjusted core profit [Read more]
TC Energy reports fourth quarter and full-year 2025 results
Strongest safety performance in five years drives 15 flow records and solid financial results Progress in commercial discussions strengthens line of sight to incremental project announcements in 2026 Raises dividend for 26th consecutive year CALGARY, Alberta, Feb. 13, 2026 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) released its fourth quarter and full-year 2025 results today. François Poirier, TC Energy’s President and Chief Executive Officer [Read more]
Oil set for second straight weekly drop as Iran risks recede
Oil prices slipped on Friday and were on track for a second weekly decline on receding concerns of a U.S.-Iran conflict that could affect supply. Brent crude oil futures were down 6 cents, or 0.1%, at $67.46 a barrel at 0448 GMT after falling 2.7% in the previous session. U.S. West Texas Intermediate (WTI) crude fell 12 cents, or 0.2%, to $62.72 after falling 2.8%. Brent prices are set to drop 0.8% this week, while WTI is set to fall 1.1%. Prices gained earlier this week on concerns the [Read more]
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