U.S. pipeline operator Williams is in advanced talks to acquire rival natural gas pipeline operator Momentum Midstream for about $5.5 billion, Bloomberg News reported on Sunday, citing people familiar with the matter. The Tulsa, Oklahoma-based company is putting the finishing touches on an agreement to buy Momentum from private equity firm EnCap Flatrock Midstream, the report said, adding that a deal could be announced in about a week. Reuters could not immediately verify the report. [Read more]
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Minister Hodgson advances Canada’s mission to be an energy superpower at EMMC 2026
YELLOWKNIFE, NT, June 26, 2026 /CNW/ - As the world experiences an energy crisis with three dimensions — affordability, energy security and climate change — Canada faces a generational opportunity to unlock our natural resource abundance and provide for ourselves and our allies. The federal government is choosing to seize this pivotal moment to strengthen our position as a global energy superpower and to build a strong, prosperous, sovereign Canada. This week, while attending the 2026 [Read more]
Five things to watch for in the Canadian business world in the coming week
TORONTO - Five things to watch for in the Canadian business world in the coming week: Holiday trading It's an abbreviated trading week for stock markets this week. The Toronto Stock Exchange will be closed for trading on Wednesday for the Canada Day holiday, while stock markets in the U.S. will be closed on Friday in observance of the July Fourth holiday which lands on a Saturday this year. Alberta pipeline The Alberta government is aiming to deliver a submission for a new West Coast [Read more]
Iran’s IRGC launches missile, drone strikes on US military sites in Kuwait, Bahrain
Iran's Islamic Revolutionary Guard Corps said early on Sunday that its navy and aerospace forces had launched a joint missile and drone operations targeting U.S. military sites in Kuwait and Bahrain in response to recent U.S. strikes against Iran. "Violating the ceasefire is contrary to Clause 1 of the Islamabad Memorandum of Understanding and will result in the complete halt of all diplomatic processes", the Guards said in a statement, according to Press TV. (Reporting by Yomna Ehab and Ahmed [Read more]
B.C. premier visiting China to pitch LNG project as province’s ‘really big fish’
VANCOUVER - British Columbia Premier David Eby says his first-ever trade trip to China will focus on pitching the province's forestry products and energy sector around LNG development, and that he approaches the mission with both excitement and caution. Eby spoke to reporters Saturday at Vancouver International Airport before jetting off for the trip, which will see him visit Beijing, Shanghai and Guangzhou. Eby said China is the province's second-largest trading partner, and the [Read more]
Iran says it hits US-linked targets as Bahrain reports drone attack
Iran said it struck targets linked to U.S. forces on Saturday in response to U.S. airstrikes on its southern coast, as each side continued to accuse the other of violating last week's agreement meant to end the four-month-old war. Iran's foreign ministry did not identify the locations of its "defensive" attacks, which it said were a response to "the barbaric air strikes" by the U.S. on its coastal surveillance facilities, which it said also violated the U.N. Charter. Later, Bahrain, which [Read more]
Norway oil service lockout takes effect, disrupts offshore drilling
Around 1,000 Norwegian oil service workers were locked out on Saturday morning in an escalation of a labour dispute that is expected to disrupt drilling and some production on the Norwegian continental shelf. The lockout was declared in response to an ongoing strike by several hundred members of the Safe union and will affect companies including SLB, Halliburton, Subsea 7, DOF Subsea, Weatherford, DeepOcean and Baker Hughes, an industry group Offshore Norway said on Friday. The country's oil [Read more]
Tanker reports strike by unidentified projectile in Strait of Hormuz, UKMTO says
A tanker has reported being struck by an unidentified projectile in the Strait of Hormuz, the United Kingdom Maritime Trade Operations said on Saturday. The vessel sustained damage to its bridge, but all crew were reported safe and no environmental damage had been reported at the time of the report, UKMTO added. (Reporting by Jana Choukeir; Editing by Andrew Heavens) [Read more]
Trans Mountain Releases Annual Sustainability Report
Calgary, Alberta--(Newsfile Corp. - June 26, 2026) - Trans Mountain Corporation ("Trans Mountain" or "the Company") today released its 2025 Sustainability Report. The report details sustainability progress on key environmental, social and governance priorities and highlights key achievements from the past year. "2025 was an extraordinary year for Trans Mountain - one that underscored our purpose, our responsibility to Canadians and the critical role we play in connecting our country's [Read more]
Baytex Announces Renewal of Normal Course Issuer Bid
Calgary, Alberta--(Newsfile Corp. - June 26, 2026) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "company") is pleased to announce that the Toronto Stock Exchange ("TSX") has accepted the company's notice of intention to renew its normal course issuer bid ("NCIB"). The renewed NCIB allows Baytex to purchase up to 70,899,359 common shares during the 12-month period commencing July 2, 2026 and ending July 1, 2027 or such earlier time as the NCIB is completed or terminated at the [Read more]
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