CALGARY, Alberta, Nov. 09, 2026 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. ("Peyto" or the "Company") is pleased to report its operating and financial results for the third quarter of 2026 and a preliminary capital budget for 2027. Q3 2026 Highlights: Peyto delivered third quarter production volumes of 142,952 boe/d (745.6 MMcf/d of natural gas, 18,678 bbls/d of NGLs), a 10% increase year over year (7% on a per share basis), driven by the Company's successful capital [Read more]
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Keyera Announces Quarterly Dividend and Fourth Quarter of 2026 Distribution
CALGARY, AB, Nov. 9, 2026 /CNW/ -- Keyera Corp. (TSX: KEY) ("Keyera") announced today its quarterly cash dividend for the fourth quarter of 2026 will be $0.5625 per common share and will be payable on December 31, 2026 to shareholders of record on December 15, 2026. The ex-dividend date is December 15, 2026. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). For non-resident shareholders, Keyera's dividends are subject to Canadian withholding [Read more]
Discount on Western Canada Select narrows
The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures narrowed on Monday. WCS for December delivery in Hardisty, Alberta, settled at $25 a barrel below the US benchmark WTI, compared with $26 on Friday, according to brokerage CalRock. * The discount on heavy Canadian crude has retreated from the blowout levels of earlier this month, in part because global freight rates — while still high — have come down since October, said Rory Johnston, [Read more]
SpaceX plans $24 billion gas power plant, data center project in Texas
SpaceX is planning a roughly $24 billion gas-fired power plant and super-compute facility in Starbase, Texas, according to a public hearing notice. The rockets-to-AI company's request comes as opposition to data centers grows, with voters rejecting them in 40 of 41 local ballot measures and Democrats, some of whom had campaigned on pausing new projects, taking control of the US Congress and the Texas governor's office in the midterm elections. The filing shows SpaceX, which bought Elon [Read more]
US LNG feedgas demand hits record 20.4 bcfd as export plants near full capacity
US demand for natural gas to be turned into LNG reached a record 20.4 billion cubic feet on Monday, according to preliminary data from financial firm LSEG. * Feedgas demand was boosted by strong utilization across the US export plants. * Global prices for liquefied natural gas remained near their highest levels since 2022, when Russia's invasion of Ukraine reshaped energy trade flows. * Nearly every US LNG facility was operating at or near full capacity on Monday, according to LSEG [Read more]
US natgas rises 5% to three-week high on colder weather outlook
US natural gas futures rose 5% on Monday as forecasts for colder weather and lower production boosted expectations for stronger heating demand, lifting prices to their highest level in three weeks. Front-month gas futures for December delivery on the New York Mercantile Exchange traded 16.2 cents higher, or 5.4%, to $3.16 per million British thermal units, after touching their highest level since October 19 earlier in the session. "The winter season is like the Super Bowl for the natural [Read more]
UAE city of Khor Fakkan shuts beach after detecting oil spill
The UAE city of Khor Fakkan shut a beach on Monday after detecting an oil spill along its coastline, according to a notice posted by the municipal authorities on social media. It did not provide further details about the closure of the Al Luluyah beach and did not say what caused the spill. The UAE has shut down a number of beaches in recent weeks as part of efforts to contain oil leaking from tanker vessels offshore. Since the start of the US-Israeli war with Iran, attacks on [Read more]
Gran Tierra Canada Ltd. / Chasefield Oil & Gas ULC: Property Divestiture
Gran Tierra Canada Ltd. (“Gran Tierra”) and Chasefield Oil & Gas ULC (“Chasefield”) (collectively the “Companies”) have engaged Sayer Energy Advisors to assist the Companies with the sale of their oil and natural gas assets located in the Carmangay area of Alberta (the “Property”). The Property is operated by Gran Tierra. The Property is currently under waterflood, has a low decline (<10%) and produces light oil (32° API) from the Barons Sand A Pool. Average daily production net to [Read more]
Canada’s Strathcona to buy Greenfire in up to C$2.9 billion deal
Canada's Strathcona Resources said on Sunday it would acquire Greenfire Resources in a deal valued at about C$2.7 billion ($1.91 billion) to C$2.9 billion, including debt, as the oil producer expands its presence in Alberta's oil sands region. Under the agreement, Greenfire shareholders can elect to receive either 0.25 Strathcona shares or C$11.00 in cash for each Greenfire share, the company said. * The cash offer represents a nearly 39% premium to Greenfire's November 6 closing price, [Read more]
Middle East oil price war heralds post-conflict glut: Bousso
Middle East oil producers are slashing prices to attract buyers as a sharp recovery in flows through the Strait of Hormuz tips the global crude market toward oversupply – a preview of the crowded, hyper-competitive oil market that the Iran war may leave in its wake. Global benchmark Brent crude tumbled more than 17% last week to around $97 a barrel, its steepest weekly decline since the 2020 pandemic. The slump followed the electoral rout of US President Donald Trump's Republican Party in the [Read more]
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