Birchcliff Achieves Record Annual Average Production of 80,086 boe/d CALGARY, Alberta, Feb. 11, 2026 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its unaudited 2025 full-year and fourth quarter financial and operational results and highlights from its independent reserves evaluation effective December 31, 2025. Chris Carlsen, Birchcliff’s President and Chief Executive Officer, commented: “2025 was an excellent year for [Read more]
News
Canadians returning from Cuba amid energy crisis due to U.S. oil blockade
Travellers are returning to Atlantic Canada from Cuba amid an oil crisis on the Caribbean island. A WestJet flight from Cayo Coco landed at Halifax's Stanfield International Airport this afternoon. WestJet and other major Canadian airlines are returning travellers to Canada but have suspended commercial flights to the country because of aviation fuel shortages at airports on the island. The Trump administration is cutting Cuba off from using traditional fuel sources in an effort to put [Read more]
Testimony to the House of Commons’ Standing Committee on Natural Resources – Eric Nuttall
February 10, 2026 Thank you for you the invitation to give testimony on the critical need for Canada to increase its energy exports, an absolute imperative for both our energy sector and for Canada at large. I apologize in advance if some of my remarks seem overly blunt, for I am no politician, but it is time for someone on this topic to finally speak the unvarnished truth. I come before you with an urgent call to action. We live in a world where the demand for oil continues to set record [Read more]
US crude stocks and gasoline inventories rise, distillate inventories fall, EIA
HOUSTON, Feb 11 - U.S. crude stocks and gasoline inventories rose while distillate inventories fell last week, the Energy Information Administration said on Wednesday. Crude inventories rose by 8.5 million barrels to 428.8 million barrels in the week ended February 6, the EIA said, compared with analysts' expectations in a Reuters poll for a 793,000-barrel rise. Crude stocks at the Cushing, Oklahoma, delivery hub rose by 1.1 million barrels, the EIA said. Refinery crude runs fell by [Read more]
Avoid the New-Build Wait: OTG’s Feb Inventory of Reconditioned Process Equipment is Live
72”x20’ New Construction Full Sour Separator OTG-1702 720 psi MAWP Built by Score projects Sour Service Dressed 3 phase 3” Water dump, 3” Oil dump 8” gas leg w/Canalta 8” SR. Meter Run 8” inlet Ready for building and tubing c/w QC and Drawings 120”x60’ FWKO OTG-1642 278 psi MAWP Built By Opsco Fully internally coated 3 Phase Design 12” Water outlet 6” gas outlet 4” Oil Outlet 16” Inlet Drawings Available 42”x12’ [Read more]
Fix energy prices to be competitive, business leaders tell EU
Top business leaders urged the European Union on Wednesday to act urgently to bring down energy prices, saying that was key for European industries to be able to compete with the United States and China. The industries' message is timed to land just before EU leaders gather in a Belgian castle on Thursday for an informal "retreat" to thrash out a plan for how Europe can compete economically with China and the U.S. "Why is Europe so much behind compared to the rest of the world? It's the [Read more]
InPlay Oil Corp. Completes $242 Million Bond Offering
CALGARY, AB, Feb. 11, 2026 /CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") is pleased to announce that it has completed its previously announced offering of 550 million New Israeli Shekels ("NIS") (CAD$242 million) principal amount of senior unsecured bonds (the "Bonds") in Israel (the "Offering"). The Bonds bear interest at a rate of 6.23% per annum and are due December 15, 2030. InPlay is also pleased to announce that it has completed [Read more]
Asset Rationalization: Timely Land Support in A&D Transactions
In today’s evolving energy landscape, oil and gas companies operating in Western Canada are under steadfast pressure to do more with less. Capital discipline, operational efficiency, and shifting investor expectations have heightened the importance of owning the right assets—not simply more assets. Asset rationalization has therefore become a core strategic exercise for upstream E&P companies. By actively evaluating, acquiring, and divesting oil and gas properties through [Read more]
The Quiet Revolution: How Pumpjack-to-Plunger Conversions Are Unlocking Hidden Value in the Cardium
As capital budgets tighten and producers look for creative ways to squeeze more life and profit from mature wells, a quiet but impactful optimization trend is emerging in Western Canada’s Cardium formation in particular - the conversion of pumpjack wells to plunger lift systems. The reason for this trend is becoming quite clear, as a growing number of producers are discovering that converting their pumpjacks to plunger lifts can deliver big returns for a relatively small investment. A Proven [Read more]
US energy secretary set to arrive in Venezuela with Herculean task of oil recovery
Venezuela will host U.S. Secretary of Energy Chris Wright this week, marking the highest-level U.S. visit focused on energy policy to the OPEC nation in nearly three decades as Washington conducts its first on-the-ground assessment of the oil industry it is proposing to rebuild. Wright is scheduled to land in Caracas on Wednesday, a day after the U.S. issued a general license authorizing the exploration and production of oil and gas in Venezuela. His agenda is expected to include meetings [Read more]
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