Calgary, Alberta--(Newsfile Corp. - February 6, 2026) - Lotus Creek Exploration Inc. (TSXV: LTC) ("Lotus Creek" or the "Company") is pleased to announce that a new Corporate Presentation has been posted to the Company's website and can be accessed via the following link: CORPORATE PRESENTATION - FEBRUARY 2026 FOR FURTHER INFORMATION, PLEASE CONTACT: Kevin Johnson President & CEO 403-538-8435 Email: info@lotuscreek.ca Website: www.lotuscreek.ca Mitchell Harris Vice [Read more]
News
The CBSA launches an investigation into the alleged dumping of oil and gas well casing from Austria
OTTAWA, ON, Feb. 5, 2026 /CNW/ - On February 2, 2026, the Canada Border Services Agency (CBSA) initiated an investigation into whether certain oil and gas well casing is being sold in the Canadian market at unfair prices (dumping). The investigation focuses on imports from steel producers operating in or exporting from Austria. These practices, if confirmed, may distort fair competition and impact Canadian producers. The CBSA's investigation follows a complaint filed by Tenaris Canada (the [Read more]
Rival bidders pursue Lukoil assets despite Carlyle deal, sources say
Chevron is one of at least two companies vying for Lukoil’s global assets, despite the Russian energy company's initial agreement last week to sell them to U.S. private equity firm Carlyle, four sources familiar with the conversations said. Lukoil has until February 28 to sell the assets, the latest deadline set by the U.S. Treasury, which imposed sanctions on Lukoil and Rosneft last year to push Moscow to agree a peace deal with Ukraine. A partnership between Chevron and Texas-based [Read more]
Global electricity demand surge forecast by IEA
Global electricity demand growth is expected to ramp up by more than 3.5% per year on average over the rest of the decade while renewable energy and nuclear power are expected to make up nearly half of all power production, the International Energy Agency said in a report on Friday. Here are some details: * Demand growth is expected to come from electrification of industries, the continuing rollout of electric vehicles and data centres as well as increased demand from cooling, with [Read more]
Discount on Western Canada Select widens
The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures widened on Thursday. WCS for March delivery in Hardisty, Alberta, settled at $15.25 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, compared with $15.15 a barrel on Wednesday. * The discount on Canadian heavy crude widened approximately $1 per barrel over the month of January in the wake of heightened market volatility caused by U.S. President Donald Trump's [Read more]
South Bow Announces Timing of Fourth-quarter and Year-end 2025 Results and Conference Call and Webcast
CALGARY, Alberta, Feb. 05, 2026 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) will release its fourth-quarter and year-end 2025 financial and operational results after the close of markets on March 5, 2026. Conference call and webcast details South Bow's senior leadership will host a conference call and webcast to discuss the Company's fourth-quarter and year-end 2025 results on March 6, 2026 at 8 a.m. MT (10 a.m. ET). Date March 6, [Read more]
AltaGas to Issue Fourth Quarter 2025 Results
CALGARY, AB, Feb. 5, 2026 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) will release its fourth quarter 2025 results on Friday, March 6, 2026, before market open. A conference call and webcast will be held the same day to discuss the financial results and other corporate developments. Conference Call and Webcast Details: Date: Friday, March 6, 2026 Time: 9:00 a.m. MT (11:00 a.m. [Read more]
ARC Resources Ltd. Reports Year-End 2025 Results and Reserves
CALGARY, AB, Feb. 5, 2026 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Company") today reported its fourth quarter and year-end 2025 financial and operational results as well as its year-end 2025 reserves. CORPORATE HIGHLIGHTS Fourth Quarter Results Fourth quarter production averaged a record 408,382 boe(1) per day (58 per cent natural gas and 42 per cent crude oil and liquids(2)), which included 118,898 barrels per day of crude oil and condensate [Read more]
Union asks workers at BP’s Whiting, Indiana, oil refinery to prepare for strike or lockout
United Steelworkers is asking workers at BP's 440,000-barrel-per-day refinery in Whiting, Indiana, to prepare for a strike or lockout, the union said on Thursday after weeks of negotiations with the British oil major that did not yield results. The comments come after 98% of members at the refinery voted to authorize a strike. The local USW union represents around 800 workers at Whiting, the largest refinery in the U.S. Midwest. “We have heard from many of our members who are ready to [Read more]
InPlay Oil Corp. Announces Bond Offering
CALGARY, AB, Feb. 5, 2026 /CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") is pleased to announce the offering for sale of up to 550 million New Israeli Shekels ("NIS") (CAD$241 million) senior unsecured bonds (the "Bonds") in Israel (the "Offering"). The Bonds will be direct senior unsecured obligations of InPlay due December 15, 2030, ranking equal with all other present and future senior unsecured indebtedness of InPlay, and will bear [Read more]
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