News

One stage of the Iran war has ended, but the world may be mistaking a pre-election pause for lasting peace. Tehran's economic leverage will likely remain strong through the U.S. midterm elections in November, but could weaken once the votes are counted, raising the risk of renewed confrontation afterward. In this dangerous new environment, how might the rest of the world position itself to avoid becoming collateral damage once again? Whether the 60-day talks between the U.S. and Iran will [Read more]

Canada's world-famous Calgary Stampede kicks off on Friday, but a push by Alberta separatists to begin the process of splitting from the country is casting a shadow over the festivities and spurring division at rodeos across the oil-rich province. Alberta residents will vote in a non-binding referendum in October on whether to remain part of Canada, the first time a province outside of Quebec has ever put the question of separation to the public. In the small town of Sundre, in central Alberta, [Read more]

Iran is determined to win international recognition of its control over the Strait of Hormuz and ability to levy fees on ships entering or leaving the Gulf even if it has to do so by force, two senior Iranian sources said. Under this month's interim deal with the U.S. to end their three-month conflict, Iran agreed to let ships pass through the Strait for 60 days without charge. But it believes the wording of the agreement allows it to keep control of which ships may pass and which route they [Read more]

CALGARY - It's the Alberta government's self-imposed deadline to submit its proposal for a new West Coast oil pipeline to the federal major projects office. But since it's Canada Day, the province is waiting a day to make what it calls a "major announcement," while Energy Minister Brian Jean is also set to deliver a speech at the Calgary Petroleum Club on Thursday. Prime Minister Mark Carney is set to be in Alberta this week as well, with the Calgary Stampede set to begin on Friday. The [Read more]

Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and easy to use. Posting Date Job Title Company Location Jun. 30 Journeyperson Electrician (Local) Strike Group Edmonton Jun. 30 Manager, Materials Testing Center Group 10 Engineering Ltd. Calgary Jun. [Read more]

EDMONTON - Alberta Premier Danielle Smith's office is shrugging off a United Conservative backbenchers' public opposition to the government's deal with Ottawa to get an oil pipeline built. Smith has long pointed to the memorandum of understanding as proof the country can work, arguing that it can help tamp down separatist sentiment as her province readies for a fall referendum on the prospect of eventually pulling out of Confederation. But, UCP MLA Jason Stephan says Smith's agreement with [Read more]

Calgary, Alberta--(Newsfile Corp. - June 30, 2026) - Lotus Creek Exploration Inc. (TSXV: LTC) ("Lotus Creek" or the "Company") is pleased to announce that the May Operational Update to Shareholders has been posted to the Company's website and can be accessed via the following link: May Operational Update FOR FURTHER INFORMATION ABOUT LOTUS CREEK PLEASE CONTACT: Kevin Johnson President & CEO 403-538-8435 Email: info@lotuscreek.ca Website: www.lotuscreek.ca Mitchell [Read more]

VARENNES, QUÉBEC - The Quebec government says it wants 77 per cent of the energy consumed in the province by 2050 to come from renewables, up from the current 48 per cent. Energy Minister Bernard Drainville made the comments as he announced the province's 25-year resource management plan in Varennes, Que., northeast of Montreal. Describing the goal as ambitious, Drainville says by 2050 Quebec's share of energy from fossil fuels will drop to 23 per cent from 52 per cent. Getting there [Read more]