U.S. President Donald Trump is unlikely to follow through on his threat to place 100% tariffs on countries that buy Russian oil because it would worsen politically-damaging inflation pressures and his similar threat against buyers of Venezuelan oil has had limited success, especially in China. Trump said this month he would put 100% secondary tariffs on countries that buy Russian exports unless Moscow agrees to a major peace deal with Ukraine in 50 days, a deadline that would expire in early [Read more]
News
Oil gains as trade talk optimism offsets potential higher Venezuelan supply
Oil prices rose on Friday as trade talk optimism supported the outlook for both the global economy and oil demand, outweighing news of the potential for more oil supply from Venezuela. Brent crude futures touched a one-week high and was up 29 cents, or 0.42%, at $69.47 a barrel as of 0310 GMT. U.S. West Texas Intermediate crude futures climbed 29 cents, or 0.44%, to $66.32. Oil, along with stock markets, gained support from the prospect of more trade deals between the U.S. and trading [Read more]
Pembina Pipeline Reaches Settlement With Shippers On Alliance Pipeline
All financial figures are in Canadian dollars unless otherwise noted. CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA) announced today that Alliance Pipeline Limited Partnership ("Alliance") has reached a negotiated settlement (the "Settlement") with shippers and interested parties (the "Shipper Committee") on the Canadian portion of the Alliance Pipeline and filed an application with the Canada Energy Regulator (the "CER") seeking [Read more]
Kiwetinohk announces upcoming second quarter 2025 earnings release
CALGARY, AB, July 24, 2025 /CNW/ - Kiwetinohk Energy Corp. (TSX: KEC) management will host a conference call on July 31, 2025, at 8 AM MT (10 AM ET) to discuss second quarter 2025 results and answer questions. Participants can listen to the conference call by dialing 1-888-510-2154 (North America toll free) or 437-900-0527 (Toronto and area). A replay of the call will be available until August 7, 2025, at 1-888-660-6345 (North America toll free) or 646-517-4150 (Toronto and area) by using the [Read more]
Athabasca Oil Announces 2025 Second Quarter Results Highlighted by Strong Operational Results, Continued Share Buybacks and a Pristine Financial Position
CALGARY, Alberta, July 24, 2025 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its second quarter results marked by strong operational performance, consistent financial results and execution on return of capital commitments. With low corporate break-evens, differentiated long-life assets and a pristine balance sheet, the Company is well positioned to advance its strategic priorities. Q2 2025 Consolidated Corporate Results [Read more]
Ovintiv Reports Second Quarter 2025 Financial and Operating Results
Full Year Capital Guidance Lowered; Production Guidance Increased Highlights: Generated cash from operating activities of $1,013 million, Non-GAAP Cash Flow of $913 million and Non-GAAP Free Cash Flow of $392 million after capital expenditures of $521 million Second quarter production was above the guidance range on every product with average total production volumes of 615 thousand barrels of oil equivalent per day ("MBOE/d"), including 211 thousand barrels per day ("Mbbls/d") of oil [Read more]
Baytex Conference Call and Webcast on Second Quarter 2025 Results to Be Held on August 1, 2025
Calgary, Alberta--(Newsfile Corp. - July 24, 2025) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its second quarter 2025 financial and operating results after the close of markets on Thursday July 31, 2025. A conference call and webcast will be held on Friday August 1, 2025 to discuss the results: Date: Friday August 1, 2025 Time: 9:00 a.m. MST (11:00 a.m. EST) Registration: For Express Access and Calendar booking, visit our website to register [Read more]
Cedar LNG marks milestone with first pipe in the ground for natural gas supply
Indigenous-owned Canadian natural gas export project to boost global energy security By Deborah Jaremko on July 24, 2025, 10:23 am MDT Construction underway on the Cedar LNG pipeline, with the LNG Canada terminal in the background. Photo courtesy Cedar LNG The first pipe is officially in the ground for the natural gas line that will supply the world’s first Indigenous-led LNG project. Eight kilometres of steel — known as the Cedar LNG pipeline — will connect the Haisla Nation’s [Read more]
Cenovus to hold second-quarter 2025 conference call and webcast on July 31
CALGARY, Alberta, July 24, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) will release its second-quarter 2025 results on Thursday, July 31, 2025. The news release will provide consolidated second-quarter operating and financial information. The company’s financial statements will be available on Cenovus’s website, cenovus.com. Second-quarter 2025 conference call: 9 a.m. MT (11 a.m. ET) For analysts wanting to join the call, please register in advance. To participate, [Read more]
Keyera Announces Timing of 2025 Second Quarter Results Conference Call and Webcast
CALGARY, AB, July 24, 2025 /CNW/ - Keyera Corp. (TSX: KEY) ("Keyera") announced today that it expects to release its second quarter 2025 results before markets open on Thursday, August 7, 2025. The release will be followed by a conference call and webcast that have been scheduled for Thursday, August 7, 2025, at 8:00 AM Mountain Time (10:00 AM Eastern Time). The conference call dial-in number is 888-510-2154 or 437-900-0527. A recording of the conference call will be available for replay [Read more]
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