CALGARY - Enbridge Inc. says chief executive Greg Ebel will retire at the end of this year and be succeeded by Michele Harradence, who currently leads the company's gas utilities business. Harradence, Enbridge's executive vice-president and president of gas distribution and storage, will become chief executive effective Jan. 1. The company says Ebel will serve as an adviser to the board and Harradence from January until May 2027. Harradence has led Enbridge's gas utilities since 2022 and [Read more]
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JPMorgan hires senior CPPIB executive as bank expands in Canadian equities
JPMorgan Chase has hired Canada Pension Plan Investment Board's head of equities trading Chris Finora to lead its Canadian Cash Equities Trading franchise, the bank told Reuters, as it expands its equities platform to capture growing investment opportunities in Canada. Finora joins JPMorgan in Toronto this month after about two years at CPPIB and 27 years at TD Securities. JPMorgan, the largest U.S. lender, has hired 18 executives and managing directors in Canada in the past year, increasing [Read more]
Lookout Butte/Waterton, Alberta: Royalty Divestiture
Sayer Energy Advisors has been engaged by a royalty holder (the “Royalty Holder”) to assist the Royalty Holder with the sale of its royalty interests, consisting of gross overriding royalty (“GORR”) interest, located in the Lookout Butte/Waterton area of southern Alberta (the “Property”). The GORR was acquired by the Royalty Holder in consideration for the exchange of outstanding debt owed by the former working interest owner. The Property consists of a 3.0% GORR interest on the [Read more]
Bad credit blues: It’s complicated
One of the greatest financial lessons or benefits I ever received was long ago in university when RBC started handing out credit cards to students. Look at me, I’m an adult! I would think, as I slapped it down in the pub. The beauty of the card was that it had a $500 limit, because banks aren’t stupid. But young people certainly can be. For a young person learning their way in the financial world, that chained beast was the best possible introduction to credit, ever. The first month of [Read more]
Tourmaline Files Early Warning Report
CALGARY, AB, Sept. 8, 2026 /CNW/ -- Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") announces the filing of an early warning report (the "Early Warning Report") pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. Between June 1, 2026 and September 8, 2026, Tourmaline completed two minor acquisitions (together, the "Acquisitions") in both the BC Montney and Alberta Deep Basin gas complexes to [Read more]
Rubellite Energy Corp. announces disposition of East Edson natural gas assets
CALGARY, AB, Sept. 8, 2026 /CNW/ -- Rubellite Energy Corp. ("Rubellite", or the "Company") is pleased to announce that it has sold its 50% non-operated working interest in the East Edson natural gas assets in West Central Alberta (the "East Edson Assets") to the third-party operator of the East Edson Assets (the "Purchaser") for total consideration of $67.0 million, satisfied through the delivery by the Purchaser to Rubellite of 2.083 million freely tradeable common shares of Topaz Energy Corp. [Read more]
Asia is poised to take up 70% of Canadian oil exports, pipeline executive says
Asia, led by China, is expected to buy 70% of Canadian crude oil exports after the country's only pipeline that provides access to the continent expands its capacity by a third by the end of 2028, a Canadian industry executive said on Tuesday. * Demand from Asia for Canadian crude has increased as the U.S.-Israeli war on Iran has disrupted supplies from the Middle East. * The 890,000-barrel-per-day Trans Mountain pipeline from the province of Alberta to British Columbia's west coast from [Read more]
Goldman Sachs, HSBC raise oil price forecasts on Gulf disruptions
Goldman Sachs and HSBC raised their oil price forecasts this week as prices climbed to multi-week highs on persistent Middle East shipping disruptions. * Goldman Sachs on Monday raised its Brent and West Texas Intermediate crude oil price forecasts by $5 a barrel for December 2026 and 2027, citing an expectation that shipping disruptions in the Middle East will persist into next year. * Goldman Sachs said in a note that Brent crude could climb above $120 a barrel if average Gulf oil output [Read more]
Kalshi’s $400 million-plus monthly commodity trade volume outpaces early crypto growth
Prediction market startup Kalshi said on Tuesday monthly commodities trading volume on its platform was four times that of cryptocurrency at the same point, seven months after launch. Here are more details: * Commodities trading reached more than $400 million of monthly volume, the company said. * Boom in retail trading pushed Kalshi to adopt commodity prediction markets in products such as oil, gas and metals. * The strong performance showcasing appetite for these contracts has [Read more]
Alvopetro Expands Its Western Canadian Growth Platform with Mannville Heavy Oil Farm-In
CALGARY, AB, Sept. 8, 2026 /CNW/ -- Alvopetro Energy Ltd. (TSX-V: ALV) (OTCQX: ALVOF) is pleased to announce that we have entered into an earning agreement (the "Agreement") in the Mannville heavy oil fairway, adding 28 gross sections (14 net) of high-quality heavy oil lands to complement and expand on our existing Mannville position. Under the Agreement, Alvopetro has agreed to drill five earning wells commencing in Q4 2026, at an estimated cost of C$8.5 million. The program will [Read more]
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