The discount on Western Canada Select to North American benchmark West Texas Intermediate futures widened on Thursday. WCS for November delivery in Hardisty, Alberta, settled at $10.60 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared to Wednesday's close of $10.50. * The WCS discount has been tight this month, contrary to the typical seasonal pattern that usually sees the discount widen after the end of the summer driving season. * October's narrowing is [Read more]
News
BP wins arbitration case against Venture Global over LNG cargoes
BP has won its arbitration case against Venture Global over the U.S. supplier's failure to deliver liquefied natural gas under a long-term contract that was due to start in late 2022, Venture Global said on Thursday. The International Chamber of Commerce International Court of Arbitration found that Venture Global breached its obligations to declare commercial operations had begun at the Calcasieu Pass plant in a timely manner and act as a "reasonable and prudent operator", Venture Global [Read more]
Cavvy to Hold Conference Call and Webcast to Discuss Third Quarter 2025 Results and Announces Participation at Schachter Catch the Energy Conference
Not For Distribution to United States News Wire Services or Dissemination in United States CALGARY, Alberta, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Cavvy Energy Ltd. (“Cavvy” or the “Company”) (TSX:CVVY) will release its financial and operating results for the third quarter 2025 on Thursday, November 6, 2025, after market close. President & Chief Executive Officer Darcy Reding and Chief Financial Officer Adam Gray will discuss the financial results and company developments on an investor [Read more]
AltaGas to issue third quarter 2025 results
CALGARY, AB, Oct. 9, 2025 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) will release its third quarter 2025 results on Thursday, October 30, 2025, 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: Thursday, October 30, 2025 Time: 9:00 a.m. MT (11:00 a.m. ET) Webcast: [Read more]
Canada Energy Regulator highlights efficiency gains and shorter decision timelines
The Canada Energy Regulator highlighted improvements in efficiency for routine applications in a LinkedIn post. It's encouraging to see the regulator focusing on efficiency and accountability. Improving how quickly and transparently decisions are made not only saves time and resources — it also strengthens trust in the regulatory system and supports responsible energy development. See below for details: [Read more]
Baytex Energy Reportedly Weighs $3 Billion Sale of U.S. Assets – Bloomberg
Canadian oil and gas producer Baytex Energy Corp. is reportedly exploring a potential exit from its U.S. operations, which could fetch as much as USD $3 billion, according to a report from Bloomberg News published this morning. Bloomberg, citing people familiar with the matter, reported that Baytex is working with advisers to evaluate strategic options for its Eagle Ford shale assets in south Texas. The process is said to be in early stages, and no final decision has been made — meaning the [Read more]
Fluor’s Commitment to a Sustainable Future
How Fluor’s Emerging Leaders Group drove meaningful action on sustainability Authors: Steven Gibbard, Supply Chain Commercial Strategies Director & Avery Foret, Design Engineer – Fluor Canada Ltd. Fluor has demonstrated a longstanding commitment to environmental stewardship; both through the projects we execute and the practices we uphold in our offices. In 1983, Fluor built the world’s first large-scale photovoltaic power plant for ARCO Solar. That milestone marked the [Read more]
Trio approved by Alberta Energy Regulator to acquire and hold energy licences.
Malibu, California, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), a California oil and gas company, today is pleased to announce that its wholly owned Canadian Subsidiary Trio Petroleum Canada, Corp. has received notice from the Alberta Energy Regulator (AER) that Trio meets all eligibility requirements outlined under Directive 067: Eligibility Requirements for Acquiring and Holding Energy Licences and Approvals. Commented Robin Ross [Read more]
Chevron expands India hub to boost digital and AI capabilities
Chevron India on Thursday opened a 312,000-square-foot facility for its Engineering and Innovation Excellence Center (ENGINE) in Bengaluru, a year after launching the unit to consolidate technical work and deepen its digital and artificial intelligence capabilities. The expansion underscores India's growing role in the energy transition as technology becomes central to cost reduction and competitiveness. It also comes as the U.S. oil major targets up to $3 billion in cost cuts by 2026 and [Read more]
Absolute Emissions from the Permian Basin Declined Nearly 20% Since 2022, Even as Oil and Gas Production Grew, New S&P Global Commodity Insights Analysis Finds
HOUSTON, Oct. 9, 2025 /PRNewswire/ -- Absolute greenhouse gas emissions from the Permian basin—one of the most prolific oil and gas fields in the world, responsible for 40% of total production in the United States—declined every year since 2022, even as production of oil and gas increased, according to a new analysis by S&P Global Commodity Insights. Absolute greenhouse gas (GHG) emissions from the Permian declined by 25 million metric tons of carbon dioxide equivalent (MMt CO2e) during [Read more]
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