BURNABY - The BC General Employees' Union is asking for provincially regulated employees to be allowed to work from home full-time due to high fuel prices. The union that represents 35,000 public service workers among more than 95,000 members says in a statement that the temporary allowance would "help alleviate" the burden facing members due to gas prices that have surged amid the Iran war. The union also says the province should look at ways to "provide temporary relief" for workers who must [Read more]
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Exxon and QatarEnergy’s joint venture Golden Pass produces first LNG at new Texas facility
Golden Pass LNG, a joint venture between QatarEnergy and Exxon Mobil, has produced its first liquefied natural gas at its new facility in Texas, the company said on Monday, a major step toward bringing one of the largest U.S. export projects online. The plant is expected to export its first cargo in the second quarter, Exxon said on Monday. Global gas supplies have been squeezed as the war in the Middle East disrupted output in Qatar, one of the world’s biggest LNG suppliers. “Today, we [Read more]
Japan asks G7 to prepare more measures to stabilise energy markets
Japan called on the Group of Seven wealthy nations and the International Energy Agency to be ready to take further flexible measures to stabilise energy markets if the Iran war drags on, its industry minister said on Monday. Those actions could include additional coordinated oil stockpile releases at an appropriate time, Ryosei Akazawa told reporters after attending an online meeting with G7 finance ministers, energy ministers and central bank governors. "In Asia, soaring (energy) prices and [Read more]
Keyera says deal for Plains assets taking longer than expected
CALGARY - Keyera Corp. says its deal to buy the Canadian natural gas liquids business of U.S. firm Plains is taking longer than expected. The company says the deal continues to advance through the regulatory process, but it's no longer expected to close by around the end of the first quarter of this year. Keyera says it's now working toward closing the transaction in May, based on the current status of the regulatory process. Keyera chief executive Dean Setoguchi says the company [Read more]
Oil market well supplied, control of Hormuz to shift over time, Bessent says
U.S. Treasury Secretary Scott Bessent said on Monday that the global oil market is well supplied, with more boats traveling through the Strait of Hormuz. "Over time, the U.S. is going to retake control of the Straits and there will be freedom of navigation, whether it is through U.S. escorts or a multinational escort," Bessent said in an interview with Fox News Channel's "Fox & Friends." (Reporting by David Lawder, Susan Heavey, Doina Chiacu; Editing by David Ljunggren) [Read more]
March 25th Alberta Crown Land Sale totals $12.9 MM – StackDX Intel
The Alberta Government brought in $12.9 MM on its March 25th Crown land sale. In total, 29,435.76 hectares were sold at an average price of $438.67/ha. Click here to see the full land sale results on StackDX Intel (go to LAND –> Land results –> +). Click here for more details on the StackDX suite of software solutions for oil & gas data, including client testimonials and case studies. [Read more]
Keyera Provides Update on Timing of Acquisition of Plains’ Canadian NGL Business
CALGARY, AB, March 30, 2026 /CNW/ - Keyera Corp. (TSX: KEY) ("Keyera" or the "Company") today provided an update on the expected timing surrounding its previously announced acquisition of Plains' Canadian natural gas liquids business. The Transaction continues to advance through the regulatory process, but the transaction is no longer expected to close by around the end of the first quarter of 2026 as previously anticipated. Based on the current status of the [Read more]
Trump again warns Iran to open Strait of Hormuz
President Donald Trump said on Monday the United States was in talks with a "more reasonable regime" to end the war in Iran but repeated his warning to Tehran to open the Strait of Hormuz or risk U.S attacks on its oil wells and power plants. "Great progress has been made but, if for any reason a deal is not shortly reached, which it probably will be, and if the Hormuz Strait is not immediately 'Open for Business,' we will conclude our lovely 'stay' in Iran by blowing up and completely [Read more]
A riskier Mideast will drive Big Oil toward new frontiers: Bousso
Oil companies will have to look further afield for new fossil fuel resources now that the Iran war has dented the investment allure of the energy-rich Middle East. Higher oil prices will give them that chance. Major international oil companies, including Exxon Mobil, Chevron, TotalEnergies, Shell and BP, have long been drawn to the Middle East by its vast resources, stable fiscal terms and, until recently, relative political stability. The region accounts for roughly a fifth of global oil and [Read more]
Coelacanth Energy Inc. Provides Operations Update
Calgary, Alberta--(Newsfile Corp. - March 30, 2026) - Coelacanth Energy Inc. (TSXV: CEI) ("Coelacanth" or the "Company") is pleased to provide the following update: Coelacanth is currently producing approximately 8,000 boe/d (31% oil and liquids) excluding an additional 1,600 boe/d that is currently shut in but will be back on production before the end of April 2026. The ramp up of production has taken longer than anticipated due to a higher than expected initial amount of frac flowback water [Read more]
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