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News

Discount on Western Canada Select widens

November 6, 20253:43 PM Reuters0 Comments

Railcars holding crude oil

The discount on Western Canada Select to North American benchmark West Texas Intermediate futures widened on Thursday. WCS for December delivery in Hardisty, Alberta, settled at $11.45 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared to Tuesday's close of $11.25. * The differential is higher than this time last month but remains tight by historical standards. * WCS pricing continues to be supported by the Trans Mountain pipeline expansion, which has [Read more]

Canadian Natural Resources Trans Mountain Pipeline

Pembina Pipeline Corporation Reports Results for the Third Quarter of 2025 and Provides Business Update

November 6, 20253:01 PM Business Wire

All financial figures are in Canadian dollars unless otherwise noted. This news release refers to certain financial measures and ratios that are not specified, defined or determined in accordance with Generally Accepted Accounting Principles ("GAAP"), including net revenue; adjusted earnings before interest, taxes, depreciation and amortization ("adjusted EBITDA"); adjusted cash flow from operating activities; and adjusted cash flow from operating activities per common share. For more [Read more]

Aux Sable LNG Pembina Pipeline Petronas Whitecap Resources

ARC Resources Ltd. Reports Third Quarter 2025 Results, Announces 2026 Budget and 11 Per Cent Dividend Increase

November 6, 20253:00 PM CNW

CALGARY, AB, Nov. 6, 2025 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Company") today reported its third quarter 2025 financial and operational results and announced its 2026 budget. CORPORATE HIGHLIGHTS Third Quarter Results ARC delivered third quarter 2025 average production of 359,236 boe(1) per day (54 per cent natural gas and 46 per cent crude oil and liquids(2)), and record crude oil and condensate production of 113,959 barrels per day. Production increased [Read more]

ARC Resources Hydraulic Fracturing LNG

ROK Resources Announces Filing and Mailing of the Management Information Circular in Connection with the Annual General and Special Meeting of Shareholders

November 6, 20253:00 PM Accesswire

NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES REGINA, SK / ACCESS Newswire / November 6, 2025 / ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK)(OTCQB:ROKRF) announces that the management information circular (the "Circular") and the proxy-related materials for its upcoming annual general and special meeting of shareholders (the "Meeting") to be held on Wednesday, December 10, 2025, are posted under ROK's profile on SEDAR+ (www.sedarplus.ca) and on [Read more]

ROK Resources

Suncor Energy announces $1 billion medium term note offering

November 6, 20253:00 PM TMX Newsfile

All financial figures are in Canadian dollars. Calgary, Alberta--(Newsfile Corp. - November 6, 2025) - Suncor Energy (TSX: SU) (NYSE: SU) announced today that it has priced an offering of $1 billion in aggregate principal amount of senior unsecured notes. The offering will be comprised of two tranches, consisting of $500 million principal amount of Series 11 Medium Term Notes due on November 14, 2027 having a coupon of 2.95% and $500 million principal amount of Series 12 Medium Term Notes due [Read more]

Suncor

U.S. shale producer EOG Resources beats third-quarter profit estimates

November 6, 20252:22 PM Reuters0 Comments

EOG Resources beat analysts' estimates for third-quarter profit on Thursday, as a rise in output helped the U.S. oil and gas producer offset a drop in crude prices. The company received a production boost from its $5.6 billion deal for Encino Acquisition Partners, which helped expand EOG's presence in the Utica and Marcellus region, one of the most prolific natural gas basins in the world. Meanwhile, oil and gas production in the U.S. rose to record highs in August, data from the Energy [Read more]

EOG Resources

EOG Resources Reports Third Quarter 2025 Results

November 6, 20252:15 PM PR Newswire

HOUSTON, Nov. 6, 2025 /PRNewswire/ -- EOG Resources, Inc. (EOG) today reported third quarter 2025 results. The attached supplemental financial tables and schedules for the reconciliation of non–GAAP measures to GAAP measures and related definitions and discussion, along with a related presentation, are also available on EOG's website at http://investors.eogresources.com/investors. Key Financial Results In millions of USD, except per–share, per–Boe and ratio [Read more]

Carbon Tax EOG Resources Hydraulic Fracturing

Correction to November 5, 2025 Press Release

November 6, 202512:19 PM TMX Newsfile

Calgary, Alberta--(Newsfile Corp. - November 6, 2025) - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company"). Journey announces corrections to certain information disclosed in its November 5, 2025 press release as follows: In the Highlights section on page one of the previous press release, the reference to the in-service date for the Gilby power generation asset should be 2026 not 2025. In the Operations Section on page 3 the reference to "2.8" net Duvernay wells [Read more]

Journey Energy

MEG Announces Shareholder Approval for Cenovus Transaction

November 6, 202511:44 AM CNW

86% of the MEG Shares represented at the Meeting were voted in favour of the Cenovus Transaction Cenovus Transaction anticipated to close in mid-November CALGARY, AB, Nov. 6, 2025 /CNW/ - MEG Energy Corp. (TSX: MEG) ("MEG", or the "Company") is pleased to announce that today at its special meeting (the "Meeting") of holders ("MEG Shareholders") of common shares of MEG ("MEG Shares"), MEG Shareholders voted in favour of the previously announced plan of arrangement (the "Cenovus [Read more]

Cenovus MEG Energy Strathcona Resources

LNG Canada begins production at second unit, company says

November 6, 202510:53 AM Reuters0 Comments

LNG Canada has started production of liquefied natural gas at the second of its two processing units, known as Train 2, the company said. Both trains at the Shell-led project in Kitimat, British Columbia - each with a capacity of 6.5 million metric tons per annum - are now operational, a spokesperson told Reuters. LNG Canada is the first major LNG export facility in Canada and the first on the west coast of North America that provides direct access to Asia, the world's largest market for the [Read more]

LNG PetroChina Petronas Saudi Aramco Shell

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