News

U.S. shale drillers are facing higher prices for tungsten, a rare, ultra-hard metal used for industrial tools like drillbits, as Chinese export controls have squeezed supply, threatening U.S. President Donald Trump's ambitions to boost America's fossil fuel production. Tungsten makes up as much as 75% of the drillbits deployed in oilfields. The metal's price has surged to over $600 per metric ton unit from around $330–$340 in early February, when Trump imposed a 10% tariff on Chinese goods and [Read more]

U.S. crude oil stockpiles rose while gasoline and distillate inventories fell last week, the Energy Information Administration said on Wednesday. Crude inventories rose by 3.7 million barrels to 420.3 million barrels in the week ended October 3, the EIA said, compared with analysts' expectations in a Reuters poll for a 1.9 million-barrel rise. Crude stocks at the Cushing, Oklahoma, delivery hub fell by 763,000 barrels in the week, the EIA said. U.S. crude oil futures held in positive [Read more]

U.S. total product supplied of oil and fuels, a proxy for demand, rose last week by 1.8 million barrels per day to 21.99 million bpd, the highest since December 2022, according to the U.S. Energy Information Administration's (EIA) petroleum status report on Wednesday. (Reporting by Nicole Jao) [Read more]

Robert L. McNamara Leaseholds Ltd. (“McNamara” or the “Company”) has engaged Sayer Energy Advisors to assist with the sale of the shares of the Company.  The Company’s assets include a number of mineral title and royalty interests comprising over 1,700 net acres in the Waterton, Majorville, Okotoks, Crossfield, Lochend, Swalwell, Twining, Garrington, Sylvan Lake, Medicine River and Westerose areas of southern and central Alberta (the “Titles”), and interests in approximately 260 Gross Royalty [Read more]

CALGARY, AB, Oct. 8, 2025 /CNW/ - ARC Energy Fund 8 Canadian Limited Partnership, ARC Energy Fund 8 United States Limited Partnership, ARC Energy Fund 8 International Limited Partnership and ARC Capital 8 Limited Partnership (collectively, "ARC Energy Fund 8") issue this press release pursuant to National Instrument 62-104 – Take-Over Bids and Issuer Bids and National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in respect of its holdings in [Read more]

CALGARY, AB, Oct. 8, 2025 /PRNewswire/ - Parkland Corporation ("Parkland", "we", the "Company", or "our") (TSX: PKI) announced today that the deadline for registered holders of common shares of Parkland (the "Company Shares") to make elections in respect of the consideration receivable pursuant to the previously announced Sunoco Arrangement1 is 5:00 P.M. (Calgary time) on October 17, 2025 (the "Election Deadline").   For complete instructions, please refer to the letter of transmittal [Read more]

Canada’s pipeline operators are responsible for managing infrastructure that was originally designed and constructed under historical land-use and population conditions that differ markedly from today’s urbanized and expanding environments. One of the more frequent, important and often underestimated risks as populations grow and urban developments expand and encroach on pipeline corridors is the need to monitor and respond to class location changes. Pipeline owners and operators must [Read more]