CALGARY, Alberta, May 21, 2026 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX – PEY) ("Peyto") is pleased to announce that the nominees listed in the information circular – proxy statement dated April 2, 2026 were elected as directors of Peyto at Peyto's annual meeting of shareholders (the "Meeting") held on May 21, 2026. The detailed results of the votes for the election of directors, the appointment of auditors and the advisory vote on executive compensation held at the [Read more]
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Goldman Sachs sees China’s natgas destocking boosting LNG imports ahead of winter
China's gas destocking signals stronger LNG imports ahead of winter, reinforcing upside risks to European gas prices, particularly if disruptions to Hormuz energy flows persist, Goldman Sachs said in a note on Thursday. * The bank said that China's April gas demand was marginally down year-over-year at 379 billion cubic meters per year (Bcm/y) missing its expectations by 8 Bcm/y, adding that despite the demand weakness, China's gas storage building was less than expected, taking inventories [Read more]
Prairie Provident Reports on AGM Voting Results
CALGARY, Alberta, May 21, 2026 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) announces voting results from its annual and special shareholders' meeting held today (the “Meeting”). A total of 39,148,743 common shares, representing approximately 83.8% of the Company’s issued and outstanding common shares, were represented in person or by proxy at the Meeting. All of the matters put forward to the shareholders, as set out in the Company's [Read more]
Saturn Oil & Gas Inc. Announces Approval of All Resolutions and Voting Results of Annual and Special Shareholder Meeting
Calgary, Alberta--(Newsfile Corp. - May 21, 2026) - Saturn Oil & Gas Inc. (TSX: SOIL) (OTCQX: OILSF) ("Saturn" or the "Company"), a light oil-weighted producer focused on unlocking value through the development of our assets in Saskatchewan and Alberta, is pleased to announce the voting results of our Annual and Special Meeting of shareholders (the "Meeting") held on May 21, 2026. Saturn is pleased to report that all matters presented at the Meeting were approved. A total of 138,348,252 [Read more]
Canada’s investment climate for oil and gas improving, executives say
Canada has become more attractive for oil and gas investment under Prime Minister Mark Carney although the cost of doing business remains a challenge that could limit long-term energy sector growth, industry executives said on Thursday. Oil and gas companies, which have long complained that onerous federal regulations and environmental policies in Canada impede industry growth, offered measured praise for a recent energy deal between the federal government and the oil-producing province of [Read more]
‘Pack your patience’: Fuel shortages keeping Canadians’ summer travel plans in flux
With airline tickets growing more expensive and customers facing the risk of cancelled flights, insurance experts are advising those with summer travel plans to stay on their toes. Air carriers are continuing to grapple with sky-high jet fuel costs, an offshoot of Iran's ongoing closure of the Strait of Hormuz, which has led to soaring oil prices globally since late February. Like their international peers, Canadian airlines have been consolidating some flights and adding fuel surcharges, [Read more]
Rubio says a Hormuz tolling system would make Iran diplomatic deal unfeasible
A diplomatic deal between the United States and Iran would be unfeasible if Tehran implemented a tolling system in the Strait of Hormuz, U.S. Secretary of State Marco Rubio told reporters on Thursday. "No one in the world is in favor of the tolling system. It can't happen. It would be unacceptable. It would make a diplomatic deal unfeasible if they were to continue to pursue that. So it's a threat to the world if they were trying to do that, and it's completely illegal," Rubio said. He also [Read more]
US natural gas storage capacity rises in 2025, says EIA
U.S. underground natural gas storage capacity of the 375 active storage fields in the Lower 48 states increased in 2025, according to an annual report by the U.S. Energy Information Administration (EIA) on Thursday. The EIA uses two metrics to assess storage capacity: demonstrated peak capacity, which rose 0.1%, or 6 billion cubic feet (bcf), in 2025, and working gas design capacity, which rose 0.6%, or 26 bcf, last year. One billion cubic feet of gas is enough to supply about 5 million [Read more]
Inside the unraveling of U.S. diplomacy under Trump
When Donald Trump warned Iran on April 7 that “a whole civilization will die tonight,” a European diplomat in Washington said his government wanted an urgent answer to a chilling question: Was the U.S. president contemplating the use of a nuclear weapon? Across Europe and Asia, the concern went beyond whether Trump’s apocalyptic threat was real or bluster. One fear, the diplomat said, was that Russia could seize the moment to justify similar threats in Ukraine, triggering a nuclear crisis on [Read more]
Oil market could hit ‘red zone’ in July-August, IEA chief says
The start of peak summer fuel demand combined with the lack of new oil exports from the Middle East and depleting stocks could push the oil market into the "red zone" in July-August, the head of the International Energy Agency said on Thursday without elaborating. The world entered the oil supply crisis caused by the Iran war with a surplus of oil, which helped to absorb the shock, but now stocks are now eroding, Fatih Birol said in a speech at Chatham House in London. In March, the [Read more]
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