(Updates) ** Shares of Canadian pipeline operator Enbridge gain 2.1% to reach a record high of C$72.05 ** Co reported quarterly adjusted profit of 88 Canadian cents per share, compared with the analysts' average estimate of 77 Canadian cents - LSEG ** Co says it has about C$39 bln in projects under development, with roughly C$8 bln expected to enter service this year ** "We continue to advance over 50 data center opportunities across North America, requiring up to 10 billion cubic [Read more]
News
US allows oil majors to resume Venezuela operations, broadly okays new energy investments
The U.S. eased sanctions on Venezuela's energy sector on Friday, issuing two general licenses that allow global energy companies to resume oil and gas operations in the OPEC member and for other companies to negotiate contracts on investments in new energy operations. The Treasury Department's Office of Foreign Assets Control issued a general license allowing Chevron, BP, Eni, Shell and Repsol to resume oil and gas operations in Venezuela. The other license allows companies around the [Read more]
Join StackDX at NAPE in Houston – see how StackDX brings your land, wells, and documents into one interactive map…and maybe win some free cowboy boots
StackDX is on its way to the NAPE Summit in Houston next week, and we're looking forward to connecting with you! Come by booth 2924. StackDX brings your land, wells, and documents into one interactive map, giving you fast, searchable, and structured insights. Book time with us to enter a draw to win the boots! [Read more]
Pentagon to move carrier to Middle East from Caribbean, officials say
The Pentagon is sending an aircraft carrier from the Caribbean to the Middle East, two U.S. officials told Reuters on Friday, a move that would put two carriers in the region as tensions soar between the United States and Iran. The Gerald R. Ford carrier, the United States' newest and the world's largest carrier, has been operating in the Caribbean with its escort ships and took part in operations in Venezuela earlier this year. One of the officials, who was speaking on condition of [Read more]
Enbridge Reports Record 2025 Financial Results, Reaffirms 2026 Financial Guidance, and Grows Secured Backlog to $39 Billion
CALGARY, AB, Feb. 13, 2026 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported fourth quarter 2025 financial results, reaffirmed its 2026 financial guidance and provided a quarterly business update. Highlights (All financial figures are unaudited and in Canadian dollars unless otherwise noted. * identifies non-GAAP financial measures. Please refer to Non-GAAP Reconciliations Appendices.) Full-year GAAP earnings attributable to common shareholders of [Read more]
TC Energy beats profit estimates on natural gas, power demand
Canadian pipeline operator TC Energy beat analysts' estimates for fourth-quarter adjusted profit on Friday, helped by strength across its North American operations and increased demand for natural gas and power. Major pipeline operators such as TC Energy are doubling down on expectations of surging natural gas demand as liquefied natural gas export facilities expand and power-hungry AI systems, cryptocurrency miners and data centers ramp up electricity use. TC Energy's adjusted core profit [Read more]
TC Energy reports fourth quarter and full-year 2025 results
Strongest safety performance in five years drives 15 flow records and solid financial results Progress in commercial discussions strengthens line of sight to incremental project announcements in 2026 Raises dividend for 26th consecutive year CALGARY, Alberta, Feb. 13, 2026 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) released its fourth quarter and full-year 2025 results today. François Poirier, TC Energy’s President and Chief Executive Officer [Read more]
Oil set for second straight weekly drop as Iran risks recede
Oil prices slipped on Friday and were on track for a second weekly decline on receding concerns of a U.S.-Iran conflict that could affect supply. Brent crude oil futures were down 6 cents, or 0.1%, at $67.46 a barrel at 0448 GMT after falling 2.7% in the previous session. U.S. West Texas Intermediate (WTI) crude fell 12 cents, or 0.2%, to $62.72 after falling 2.8%. Brent prices are set to drop 0.8% this week, while WTI is set to fall 1.1%. Prices gained earlier this week on concerns the [Read more]
Discount on Western Canada Select steady
The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures was steady on Thursday. WCS for March delivery in Hardisty, Alberta, settled at $15.75 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, steady on Wednesday's close. * The last time the discount on Canadian heavy crude consistently traded this low was prior to the opening of the Trans Mountain pipeline expansion in the spring of 2024, said Enverus analyst Michael [Read more]
Advantage Announces Operations Update, Conclusion of Strategic Review and 2025 Reserves
(TSX: AAV) CALGARY, AB, Feb. 12, 2026 /CNW/ - Advantage Energy Ltd. ("Advantage" or the "Corporation") is pleased to provide a corporate update and announce its 2025 reserves. Operations and Commercial Update Net capital expenditures(a) were $287.7 million for Advantage(b) during the year ended December 31, 2025. Production for the fourth quarter of 2025 averaged 79,823 boe/d (408.3 mmcf/d natural gas, 7,372 bbls/d crude oil, 938 bbls/d condensate and 3,462 bbls/d NGLs), [Read more]
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