An escalating conflict in the Middle East rattled global markets on Monday, as the prospect of a long-drawn fight drove energy prices higher and hammered travel stocks and regional assets. Israel attacked Lebanon in response to strikes by Hezbollah, while Tehran fired missiles and drones at Israel, Gulf states and a British air base in far-away Cyprus. U.S. President Donald Trump said the military campaign against Iran could continue for the next four weeks, according to an interview on [Read more]
News
Canada secures 30 new critical minerals partnerships and unlocks $12.1 billion in mining project capital
TORONTO, March 2, 2026 /CNW/ - Canada has what the world wants, and we are stepping up as a trusted partner in critical minerals production. Defence and clean technology supply chains depend on stable access to mineral supply, yet markets are increasingly shaped by concentration and geopolitical risks. In this environment, Canada is being looked to not only as a resource superpower but as a supplier that brings stability, sustainability and transparency to markets. Today, during the [Read more]
Notice of Cochin Pipeline Open Season
PKM Cochin ULC ("Cochin Canada") and Pembina Cochin LLC ("Cochin U.S.", and together with Cochin Canada, "Cochin") are commencing a binding Open Season ("Open Season") to obtain commitments for the transportation of light condensate on the U.S. Segment and the Canadian Segment of the Cochin Pipeline. The Open Season begins March 2, 2026, at 8 a.m. Mountain Standard Time ("MST") ("Open Date") and will close on March 31, 2026, at 5 p.m. MST ("Close Date") THE Cochin Pipeline The Cochin [Read more]
Alliance Pipeline announces a binding open season for firm service in Alberta’s Industrial Heartland
CALGARY, AB: (March 2, 2026) Alliance Pipeline Limited Partnership (“Alliance”), fully owned and operated by Pembina Pipeline Corporation, announced today a binding open season (“Open Season”) for expansion capacity commitments of up to 350 mmcf/d of incremental natural gas delivery in Alberta’s Industrial Heartland (“Firm Heartland Service”) that will remain open until April 20, 2026. The Open Season is on the Canadian segment of the Alliance system in northwest Alberta for the Firm [Read more]
QatarEnergy halts LNG production after military attacks on facilities
QatarEnergy has stopped production of liquefied natural gas (LNG) and related products following military attacks on its operating facilities in Ras Laffan Industrial City and Mesaieed Industrial City, the company said on Monday. The state-owned energy firm did not provide details on the extent of the damage or how long the suspension would last. QatarEnergy said it would continue to provide updates as more information becomes available. Qatar is one of the world’s largest exporters of LNG, [Read more]
InPlay Oil Corp. Confirms Monthly Dividend for March 2026
CALGARY, AB, Feb. 26, 2026 /CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") is pleased to confirm that its Board of Directors has declared a monthly cash dividend of $0.09 per common share payable on March 31, 2026, to shareholders of record at the close of business on March 16, 2026. The monthly cash dividend is expected to be designated as an "eligible dividend" for Canadian federal and provincial income tax purposes. About InPlay Oil [Read more]
Iran conflict disrupts global shipping as tankers are stranded, damaged
Insurance companies are cancelling war risk coverage for vessels in the Gulf as the widening Iran conflict disrupted shipping, leaving at least four tankers damaged, a seafarer killed and 150 ships stranded around the Strait of Hormuz. Shipping through the strait between Iran and Oman, which carries around one fifth of oil consumed globally as well as large quantities of gas, has ground to a near halt after vessels in the area were hit as Iran retaliated to U.S. and Israeli strikes. The [Read more]
Venture Global’s quarterly core profit nearly triples on higher LNG sales volumes
Venture Global said on Monday its adjusted core profit nearly tripled in the fourth quarter, due to higher LNG sales volumes at the Plaquemines Project in Louisiana, sending its shares up nearly 9% in premarket trading. In 2025, the U.S. became the first country to export more than 100 million metric tons (mmt) of liquefied natural gas in a single year, powered by the startup of production from new plants. Commercial activity in the sector has gained further momentum after U.S. President [Read more]
South Bow plan to revive parts of Keystone XL needs Trump approval, US oil pipeline links
A proposal led by Canadian company South Bow to revive parts of the cancelled Keystone XL oil pipeline could increase Canada's crude exports to the U.S. by more than 12%, if it gets a green light from U.S. President Donald Trump and additional links to U.S. refining hubs are built. The new proposal involves a different route through the U.S. than the previous Keystone XL pipeline project cancelled by former U.S. President Joe Biden in 2021 after years of Indigenous and environmental [Read more]
Major Saudi refinery, Kurdish and Israeli oil, gas fields shut amid Mideast strikes
Saudi Arabia shut its biggest domestic oil refinery on Monday after a drone strike, a source said, as Israeli and U.S. strikes and Iranian retaliation forced shutdowns of oil and gas facilities across the Middle East. A wave of attacks on the region stretched into a third day, resulting in the precautionary suspension of most oil production in Iraqi Kurdistan and at several major Israeli gas fields, throttling exports to Egypt. State oil giant Saudi Aramco's 550,000 barrels per day (bpd) [Read more]
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