The discount on Western Canada Select to North American benchmark West Texas Intermediate futures settled at $10.25 a barrel under the U.S. benchmark WTI on Wednesday, its narrowest differential since July. WCS for November delivery in Hardisty, Alberta, narrowed from $10.30 a barrel on Tuesday, according to brokerage CalRock. * The WCS discount typically widens after the summer driving season ends, but has seen a contrary pattern this year. * October's tight discount is being driven by [Read more]
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Peyto Exploration & Development Corp. Confirms Monthly Dividend for November 14, 2025
CALGARY, Alberta, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the monthly dividend with respect to October 2025 of $0.11 per common share is to be paid on November 14, 2025, for shareholders of record on October 31, 2025. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to [Read more]
Whitecap Resources Inc. confirms monthly dividend for October of $0.0608 per share and announces third quarter 2025 results conference call / webcast
CALGARY, AB, Oct. 15, 2025 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.0608 per common share in respect of October operations will be paid on November 17, 2025 to shareholders of record on October 31, 2025. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). In addition, Whitecap announces that it intends to release its third quarter 2025 results after market close on Wednesday, October 22, 2025 and has [Read more]
Trump says Modi has assured him India will not buy Russian oil
U.S. President Donald Trump said on Wednesday that Indian Prime Minister Narendra Modi has pledged to stop buying oil from Russia, and Trump said he would next try to get China to do the same as Washington intensifies efforts to cut off Moscow’s energy revenues. India and China are the two top buyers of Russian seaborne crude exports, taking advantage of the discounted prices Russia has been forced to accept after European buyers shunned purchases and the U.S. and the European Union imposed [Read more]
Imperial to hold 2025 Third Quarter Earnings Call
CALGARY, Alberta--(BUSINESS WIRE)--(TSE: IMO, NYSE American: IMO) John Whelan, chairman, president and chief executive officer, and Peter Shaw, vice-president, investor relations, Imperial Oil Limited, will host a 2025 Third Quarter Earnings Call on Friday, October 31, following the company’s third quarter earnings release that morning. The event begins at 9 a.m. MT and will be accessible by webcast. During the call, Mr. Whelan will offer brief remarks prior to taking questions from [Read more]
Lycos Energy Inc. Announces the Completion of Previously Announced $60.0 Million Asset Sale
Calgary, Alberta--(Newsfile Corp. - October 15, 2025) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to announce that it has successfully closed the previously announced sale of certain assets (the "Asset Sale") in the Lindbergh, Moose Lake and Fishing Lake areas of Alberta (the "Assets") to an arm's length purchaser for cash consideration of $60.0 million, subject to customary closing adjustments as provided for in the purchase and sale agreement dated October 7, [Read more]
Freehold Royalties Declares Dividend for October 2025
CALGARY, Alberta, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX: FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.09 per common share to be paid on November 17, 2025 to shareholders of record on October 31, 2025. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Freehold is uniquely positioned as a leading North American energy royalty company with approximately 6.1 million gross acres in Canada [Read more]
Tamarack Valley Energy Ltd. Closes Previously Announced Sale of Non-core Assets in Eastern Alberta
TSX: TVE CALGARY, AB, Oct. 15, 2025 /CNW/ - Tamarack Valley Energy Ltd. is pleased to announce it has successfully closed the previously announced sale of its non-core producing assets in the Veteran Consort and Eyehill areas of Eastern Alberta. Gross proceeds from the divestment were $112.0 million before closing adjustments and the assumption of undiscounted asset retirement obligations of $63 million (~50% inactive). The Company has now successfully completed its [Read more]
BofA says US-China trade tensions, OPEC+ output boost could push Brent below $50
Bank of America on Wednesday said that if U.S.-China trade tensions intensify while OPEC+ production ramps up, Brent prices could slip below $50 a barrel. The bank maintained its Brent forecast at $61 a barrel for the final quarter of 2025 and $64 a barrel for the first half of 2026, citing a likely floor around $55. "Looking into 2026, we see US crude oil production flatlining, while demand could improve if America moves forward with trade deals over the coming months," the bank [Read more]
Russia pushes back against Trump warning that the Russian economy is near collapse
One of President Vladimir Putin's top economic officials on Wednesday pushed back at U.S. President Donald Trump's warning that the Russian economy was going to collapse amid lines for gasoline in some regions. Trump on Tuesday said that Putin should settle the Ukraine war which the 47th U.S. president said was making Russia look bad. He also mentioned "long lines waiting for gasoline" and said the Russian "economy is going to collapse". Russia's economy is slowing this year and the [Read more]
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