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North Dakota oil production up 2,000 bpd in July vs June to 1,157,000 bpd – state regulator

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Oil production in North Dakota rose 2,000 barrels-per-day (bpd) to 1,157,000 bpd in July, monthly data from the state Industrial Commission showed. Bakken and Three Forks oil production stood at 1,129,000 bpd in the month. The data was released on the North Dakota Industrial Commission's general statistics webpage and has been rounded to the nearest 5,000 barrels. It may differ slightly from the commission's monthly index report, also available on its website. [Read more]

Irving Oil names Alfred Stern, former CEO of Austria’s OMV, as next president and CEO

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SAINT JOHN - Irving Oil has announced the appointment of European energy executive Alfred Stern as its next president and chief executive. The New Brunswick company says Stern will join Irving on Oct. 1 and assume the top job effective Nov. 1, following the retirement of Jeff Matthews. Stern most recently served as chairman and chief executive of Austrian oil and gas group OMV AG. In a statement, Stern says he is honoured to join Irving Oil team at such an "important time in its [Read more]

Carrick Petroleum Inc.: Corporate Divestiture

Carrick Petroleum Inc. (“Carrick” or the “Company”) has engaged Sayer Energy Advisors to assist it with the sale of the shares of the Company. Carrick is a junior oil and natural gas company with oil and natural gas interests located in the Redwater and Stolberg areas of Alberta (the “Properties”). As at June 30, 2026, Carrick had no bank debt, negative working capital of $316,000 and as at December 31, 2025, total tax pools of approximately $21.7 million including $12.4 million in [Read more]

Noralta Technologies Inc. Acquires ARG Group Inc., Expanding Its Footprint in the Lloydminster Region

FOR IMMEDIATE RELEASE Acquisition brings nearly a decade of electrical and gas fitting expertise into Noralta's growing service network CALGARY, AB — September 21, 2026 — Noralta Technologies Inc. (“Noralta”) today announced that it has acquired ARG Group Inc. (“ARG”), a Lloydminster-based provider of electrical and gas fitting services. Founded in 2016, ARG has spent close to a decade building a strong reputation for safe, reliable work across Lloydminster and the surrounding area, [Read more]

Goolsbee: Clear ‘what has to happen’ if inflation does not decline

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Chicago Fed president Austan Goolsbee said he is open to the possibility that inflation will begin declining to the 2% target, but if that does not happen interest rates will need to rise. "Right now, we do not have an employment problem, and we do have an inflation problem," Goolsbee said. "I'm open to being shown that the inflation problem we have is not a persistent problem, but is coming from a supply shock that is going to go away. But I want to see the evidence that it's going away. [Read more]

Houthis push for control of Yemen highlands as Trump reported to have called off airstrikes

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Houthi fighters were pushing to seize strategic heights in Yemen on Monday to cut off the Red Sea coast from remaining areas held by Saudi-backed forces, after a report that President Donald Trump had called off US strikes on the group at the last minute. A lightning advance by the Iran-backed group this month has extended the wider Middle East conflict to a new theatre and further threatened global energy supplies. Washington has so far rebuffed repeated pleas from Saudi Arabia's Crown [Read more]

LNG buyers and sellers seek greater supply diversity amid Iran war

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LNG buyers are looking to diversify sourcing as the US-Israeli war against Iran cuts Gulf shipments, with importers seeking alternatives for the fuel from other suppliers ranging from West Africa to Indonesia. While Asian governments look to lock in LNG from sellers with access to various sources, producers and trading firms want to widen supply pools by taking stakes in gas projects and buying from different countries, officials and industry executives said during last week's Gastech [Read more]

Coelacanth Energy Announces Private Placement, Grant of Stock Options and Grant of Restricted Share Units

Calgary, Alberta--(Newsfile Corp. - September 21, 2026) - Coelacanth Energy Inc. (TSXV: CEI) (the "Company" or "Coelacanth") is pleased to announce that in conjunction with the previously announced hiring of Jonathon Hanson as VP Engineering, Coelacanth intends to complete a non-brokered private placement offering (the "Offering") to Mr. Hanson of 325,715 units of the Company ("Units"), at a price of $0.70 per Unit, for aggregate gross proceeds of $228,000.50. The Company has also approved the [Read more]

Hormuz shuttles keep oil flowing, but at a high cost: Bousso

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A new shuttling system is reshaping the Middle East oil market, as producers seek to keep exports flowing despite the escalating regional conflict. The question now is whether this complex, expensive process is a stopgap measure or the global energy market’s new normal. Several miles off Oman's coast, south of the Strait of Hormuz, rows of tankers lie at anchor. Many sit alongside each other, connected by ropes and hoses as they transfer crude from one vessel to another, creating a floating [Read more]