CALGARY, AB, Feb. 23, 2026 /CNW/ - Spartan Delta Corp. ("Spartan" or the "Company") (TSX: SDE) is pleased to report its financial and operating results for the fourth quarter and year ended December 31, 2025, filing of its Annual Information Form ("AIF"), and provide an operations update. Selected financial and operational information is set out below and should be read in conjunction with Spartan's audited financial statements and related management's discussion and [Read more]
News
Cardinal Energy Ltd. Announces 2025 Year-End Reserves
Calgary, Alberta--(Newsfile Corp. - February 23, 2026) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to present the results of its independent reserve reports effective December 31, 2025. Consistent with prior years, Cardinal's year-end 2025 non-thermal reserves were evaluated by GLJ Ltd. ("GLJ"). The thermal reserves were independently evaluated by McDaniel & Associates Consultants Ltd. ("McDaniel") (the GLJ report and the McDaniel report being collectively the [Read more]
Parex Resources Announces Proposal to Acquire Frontera Energy’s Colombian E&P Assets
CALGARY, Alberta, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT), announced today that it has submitted an acquisition proposal (the “Proposal”) to the Board of Directors (the “Frontera Board”) of Frontera Energy Corporation (TSX: FEC) to acquire all of Frontera’s Colombian upstream business in an all-cash offer for consideration of US$500 million, plus the assumption of debt, in addition to a contingent payment of US$25 million with terms that are [Read more]
Morgan Stanley raises near-term Brent crude forecasts on geopolitical risk premium
Morgan Stanley raised its near-term Brent forecasts, saying that the geopolitical risk premium is likely to persist for a period, but added that it still expects prices to soften to $60 per barrel later this year. The bank now sees Brent at $62.5/bbl in the second quarter of this year, compared with $57.5/bbl previously. It also raised its third-quarter forecast to $60/bbl from $57.5/bbl earlier. (Reporting by Anjana Anil in Bengaluru, Editing by Louise Heavens) [Read more]
Goldman Sachs raises 2026 Q4 Brent, WTI oil price outlook
Goldman Sachs raised its Brent and West Texas Intermediate (WTI) crude forecasts for the fourth quarter of 2026 by $6 each to $60 and $56 respectively, on lower-than-expected OECD stocks, even as it maintained its view of a 2026 surplus. The bank now assumes 2026 global inventory builds in the Organisation for Economic Co-operation and Development countries' commercial stocks will only come to 19%, versus 27% previously, and it therefore expects a subset of the Organisation of Petroleum [Read more]
US LNG export surge and soft China demand meet record European imports: Russell
Spot prices for liquefied natural gas (LNG) in Asia have drifted lower despite solid demand in the top-consuming region and record imports by Europe. Throw in tensions in the Middle East and the threat to shipments from Qatar, the second-biggest exporter behind the United States, and the relaxed spot price seems incongruous. Part of the disconnect is explained by robust growth in supply, especially from the United States, and also by muted demand for spot cargoes from China, the world's [Read more]
Trump tariff reversal could cut costs for US energy firms but will likely leave broader flows unchanged
The U.S. Supreme Court's Friday decision to strike down trade tariffs imposed by President Donald Trump last year may ease costs for some oil producers and drillers, but experts and analysts told Reuters that broader energy flows would likely remain unchanged for now. The court's ruling could reduce the cost of building LNG plants and other large-scale energy infrastructure that rely on modules and other parts manufactured in foreign countries hit by tariffs. Venture Global, for example, builds [Read more]
Parex Resources Announces Nomination of Six Directors to GeoPark’s Board
CALGARY, Alberta, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT), which has an approximate 11.8% ownership position in GeoPark Limited (“GeoPark”) (NYSE: GPRK), announced today that it has nominated six highly qualified director candidates for election to GeoPark’s Board of Directors (the “GeoPark Board”) at its upcoming 2026 Annual Meeting of Shareholders (the “Annual Meeting”). Each of the nominees is independent of both GeoPark and Parex under [Read more]
Berkshire-owned PacifiCorp pays $575 million to settle US government’s wildfire claims
PacifiCorp, a utility owned by Berkshire Hathaway,, agreed to pay $575 million to resolve U.S. government damages claims related to six wildfires in Oregon and California that burned nearly 290,000 acres of federal land, the U.S. Department of Justice said on Friday. The settlement resolves claims that PacifiCorp's electrical lines negligently started the fires. Five of the fires - Archie Creek, Echo Mountain Complex, Slater, South Obenchain and 242 - began during Labor Day weekend in 2020 [Read more]
Canada broke all-time production level for natgas in November, CER says
Canada broke an all-time production level for natural gas in November 2025, surpassing 20 billion cubic feet per day (bcf/d) for the first time, data from the Canada Energy Regulator (CER) showed on Friday. National production reached about 20.04 bcf/d in November, according to CER data. The CER said long-running growth trends and new developments across Western Canada were driving the increase, including expanding liquids-rich gas drilling in British Columbia, strong Alberta production, [Read more]
- « Previous Page
- 1
- …
- 308
- 309
- 310
- 311
- 312
- …
- 3863
- Next Page »