U.S. natural gas futures rose 5% on Tuesday, extending gains to an eight-month high, as traders bet on another round of cold weather in December and firmer power demand, even as temperatures are expected to moderate next week. Front-month gas futures for December delivery on the New York Mercantile Exchange was up 21.7 cents, or 5%, at $4.56 per million British thermal units (mmBtu) at 11:19 a.m. EST (1619 GMT). The contract has climbed to its highest since March 11. "The market is [Read more]
News
How economic corridors could shape a stronger Canadian future
Q&A with Gary Mar, CEO of the Canada West Foundation By CEC Staff on November 10, 2025, 12:54 pm MST Ship containers are stacked at the Panama Canal Balboa port in Panama City, Saturday, Sept. 20, 2025. The Panama Canals is one of the most significant trade infrastructure projects ever built. CP Images photo Building a stronger Canadian economy depends as much on how we move goods as on what we produce. Gary Mar, CEO of the Canada West Foundation, says economic corridors — [Read more]
Russian oil exports stable despite latest sanctions, traders say and data shows
Russia has maintained a steady pace of oil shipments from its sea ports at the start of November despite fresh U.S. sanctions imposed on the country's largest oil companies, traders said and LSEG data shows. The United States last week introduced sanctions against Russia's two biggest oil producers, Lukoil and Rosneft. These are the first direct sanctions on Russia imposed by U.S. President Donald Trump since the start of his second term. Exports are proceeding according to schedule in [Read more]
No Finer a Leader Walked This Earth Than Gerry Maier…
His passing this week at 97 marks a moment in Canadian energy that bears reflection to recall a lost generation of the “gentleman leader.” It is a sectoral hallmark worth remarking on given its prevailing absence today – and its implications for public trust and support. In a nutshell, today’s leaders are for the most part driven by corporate balance sheet imperatives and shareholder value creation; no longer is the “industry’s balance sheet” important in the ways it was in the past. Gerry [Read more]
Shell challenges Venture Global arbitration decision in New York Supreme Court
Shell has challenged its defeat in an arbitration case against U.S. liquefied natural gas producer Venture Global in the New York Supreme Court, according to a legal filing seen by Reuters, weeks after rival BP won a similar $1 billion-plus arbitration. The arbitration case was over Venture Global's failure to deliver liquefied natural gas under long-term contracts starting in 2023. Shell alleges in the new filing that Venture Global withheld information from Shell and the arbitration [Read more]
Saudi crude oil price cut is just enough to stay competitive: Russell
The decision by Saudi Aramco to cut the price of its crude oil for Asian refiners for December cargoes has been viewed as a move to build market share amid concerns of looming global oversupply. But the reduction was at the lower end of forecasts by Asian refiners and seems more of a move to keep Saudi oil just competitive enough against other grades, while also giving the world's biggest crude exporter flexibility should China and India shun Russian barrels amid U.S. sanctions. Aramco [Read more]
Tuktu Resources Ltd. Schedules Requisitioned Special Meeting
Calgary, Alberta--(Newsfile Corp. - November 10, 2025) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company"), a junior oil and gas producer based in Calgary, Alberta, announces that it has scheduled a special meeting (the "Meeting") of the Company's shareholders in response to a requisition from certain shareholders who purport to hold approximately 31% of the Company's outstanding Common Shares, as noted in Tuktu's press release dated October 23, 2025. The Company's Board of [Read more]
Finance minister says critical minerals refining is the ‘name of the game’
CALGARY - Finance Minister FranÇois-Philippe Champagne says his goal is to help make Canada the NATO partner of choice when it comes to supplying critical minerals. He says refining is the "name of the game" and Canada can do better than just shipping those high-demand materials south in their raw form. Champagne made his remarks to a Calgary business audience while discussing last week's federal budget. The budget outlines a plan for a $2-billion "critical minerals [Read more]
CSV Midstream Solutions Brings Albright Plant Online Contributing to the Ongoing Evolution of Canada’s Midstream Infrastructure
First greenfield sour gas plant with sulfur recovery built in Alberta in over three decades demonstrates enhanced technology and a repeatable model for future development CALGARY, AB, Nov. 10, 2025 /CNW/ - CSV Midstream Solutions (CSV) has successfully completed commissioning and commenced operations at its Albright gas plant. The new 150 MMcf/d sour gas plant with sulfur recovery represents the first of its kind to be built in Alberta in more than a generation. Located in northern Alberta, [Read more]
Baker Hughes to supply Alaska LNG project with key equipment
Oilfield services provider Baker Hughes will supply key equipment for the proposed Alaska LNG project that aims to build a pipeline and terminal to send natural gas from the North Slope of Alaska for export to Asia and other markets, the project's top developer said on Monday. PROJECT DETAILS • Baker Hughes will supply refrigerant compressors for the terminal and power generation equipment for a gas treatment plant on the North Slope. • The $44 billion project involves building an [Read more]
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