CALGARY, ALBERTA, CANADA - Prime Minister Mark Carney and Alberta Premier Danielle Smith signed a memorandum of understanding Thursday to grow Alberta's oil exports while also committing to making it a world leader in green energy technology. Here are five takeaways from the memorandum of understanding: Big-Ticket Infrastructure: Both sides agree to work on approving a bitumen pipeline of one million barrels or more per day from Alberta to Asian markets via a port on the B.C. coast. The [Read more]
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Fiddlehead Resources Corp. Announces Q3 2025 Financial Results
CALGARY, AB, Nov. 27, 2025 /CNW/ - Fiddlehead Resources Corp. ("Fiddlehead," or the "Company") (TSXV: FHR), is pleased to announce the filing of its unaudited financial and operating results for the three and nine months ended September 30, 2025. Selected financial and operating information should be read in conjunction with Fiddlehead's unaudited interim financial statements and related management's discussion and analysis ("MD&A") for the three and nine months ended September 30, 2025 and [Read more]
Freehold Royalties Announces Departure of Chief Operating Officer
CALGARY, Alberta, Nov. 27, 2025 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. ("Freehold" or the "Company") (TSX:FRU) announces today the departure of Robert King, Chief Operating Officer, from the Company. "On behalf of the entire organization, I thank Mr. King for his dedication and the contributions made to advance our North American growth strategy over the last six years," said David Spyker, Chief Executive Officer. "We sincerely appreciate Mr. King's commitment to Freehold and wish him well [Read more]
Enserva Responds to Signed MOU between Alberta and Ottawa
CALGARY, Alberta, Nov. 27, 2025 (GLOBE NEWSWIRE) -- Enserva issued the following statement regarding an energy agreement between the Province of Alberta and the Federal Government The memorandum of understanding (MOU) announced today between the federal government and the province of Alberta marks a meaningful step forward for Canada’s energy sector. The renewed willingness of both levels of government to engage on critical energy issues is welcome and signals a more serious approach to [Read more]
CAPP statement on AB/Federal memorandum of understanding
“CAPP welcomes the memorandum of understanding (MOU) between the federal and Alberta governments, which reflects an earnest commitment to collaborate and grow Canada’s oil and natural gas industry. The elimination of the emissions cap, changes to the Competition Act, and the commitment to work together on new market access are all significant steps towards unlocking Canada’s vast natural energy resources and putting us on a path to become the world’s next energy superpower. Canadians want to [Read more]
Canada, Alberta Strike Sweeping Energy and Infrastructure Pact, Paving Way for New Pipeline Enabling Access to Asia’s Energy Markets – Ottawa Agrees to Shelve Contentious Emissions Cap
Calgary, Nov. 27, 2025 — Canada and Alberta have signed a far-reaching memorandum of understanding (read the complete MOU from the Prime Minister's Office here) aimed at reshaping the country’s energy landscape, accelerating major infrastructure builds, and positioning Canada as a global supplier of low-carbon resources and emerging technologies — while shelving several contentious federal climate policies. The agreement outlines an extensive package of commitments from both governments, [Read more]
Canada drops emissions cap for oil and gas sector in agreement with Alberta
Canada's Prime Minister Mark Carney signed an agreement with Alberta Premier Danielle Smith on Thursday aimed at spurring investment in the energy sector and encouraging the construction of a new oil pipeline to the West Coast. The agreement states the federal government will not implement an emissions cap on the oil and gas sector and gets rid of regulations for clean electricity in exchange for a commitment from Canada's top oil-producing province to strengthen industrial carbon pricing and [Read more]
Prospera Energy Announces Q3 2025 Financial Results and Live Conference Call
CALGARY, Alberta, Nov. 27, 2025 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (TSX.V: PEI, OTC: GXRFF) (“Prospera”, “PEI” or the “Corporation”) In Q3 2025, Prospera reported sales revenue of $5.3 million and $0.8 million of operating netback. The company invested $2.0 million in capital expenditures, including $0.65 million for well reactivations and $1.35 million for plant maintenance/upgrades and well workovers. Reactivation efforts targeted 8 wells in the Luseland and Cuthbert properties, [Read more]
Russia’s Urals oil price discount widens to 23% in November, central bank says
Russia's Urals oil price discount to global benchmark Brent widened by six percentage points this month to 23%, Russian central bank said on Thursday it its review. The discounts, though less severe than those seen after the initial wave of Western sanctions in 2022, reflect mounting pressure on Russian oil revenues - a critical lifeline for Moscow's budget. The United States last month imposed tough restrictions on Russian oil giants Lukoil and Rosneft. The central bank said the [Read more]
Ukraine, US negotiators on peace proposals to meet soon, Kyiv says
Ukraine's and the U.S. negotiating teams will meet soon, Foreign Minister Andrii Sybiha said on Thursday, adding that Kyiv would focus on specific steps in peace proposals. "Our expectations are concrete results. Concrete results so that progress can be made," Sybiha told a news briefing. "It is extremely important for us, and Ukraine has demonstrated this repeatedly, to achieve a truce." (Reporting by Anastasiia Malenko; writing by Olena Harmash; Editing by Alison Williams) [Read more]
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