U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row for the first time since September 2025, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose by three to 551 in the week to May 15, its highest since late March. Despite this week's rig increase, Baker Hughes said the total count was still down 25 rigs, or 4% below this time last year. Baker Hughes said oil rigs [Read more]
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US will replenish every barrel of oil it releases from Strategic Petroleum Reserve, Energy Secretary Wright says
The U.S. will replenish every barrel of oil it releases from the Strategic Petroleum Reserve, Energy Secretary Chris Wright said Friday at an event in Sabine Pass, Texas. "We're releasing oil now, and for each barrel we're releasing, we're going to get at least 1.2 barrels of oil back into the reserve. We'll leave it fuller than when we started," he said. * The Trump administration wants to do everything it can to lower gasoline prices, Wright said. * "We understand Americans today are paying [Read more]
Panama Canal not planning to curb ships’ passage for 2026 despite drought threat
The Panama Canal is not planning vessel passage restrictions for the remainder of 2026 even if an El Niño weather pattern begins in the second half of the year as predicted, potentially leading to another drought in the Central American country, the waterway told Reuters. The canal linking the Pacific and Atlantic oceans is currently allowing 38 ships to pass through each day and has seen demand increase in recent months mainly due to the U.S.-Israeli war on Iran, which is affecting the use of [Read more]
Minister Hodgson completes successful B.C. trip focused on advancing nation-building in partnership with Indigenous Peoples
VANCOUVER, BC, May 15, 2026 /CNW/ - Canada is embarking upon a once-in-a-generation era of building a stronger, more secure, more sovereign nation. This offers a historic opportunity to advance reconciliation and fundamentally transform our relationship with Indigenous Peoples through collaboration, consultation and a focus on placing Indigenous ownership at the heart of natural resource development. British Columbia has ambitious energy goals, world-leading mineral deposits and a vast forest [Read more]
Whitecap Resources Inc. confirms monthly dividend for May 2026 of $0.0608 per share
CALGARY, AB, May 14, 2026 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.0608 per common share in respect of May operations will be paid on June 15, 2026 to shareholders of record on May 31, 2026. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). About Whitecap Whitecap Resources Inc. is a leading Canadian energy company committed to delivering reliable returns to shareholders through the [Read more]
Source Rock Royalties Declares Monthly Dividend and Provides Updated Corporate Presentation
Not for distribution to U.S. news wire services or dissemination in the U.S. CALGARY, AB, May 15, 2026 /CNW/ - Source Rock Royalties Ltd. ("Source Rock") (TSXV: SRR), a pure-play oil and gas royalty company with an established portfolio of oil royalties and Crown mineral leases, announces that its board of directors has declared a monthly dividend of $0.0065 per common share, payable in cash on June 15, 2026 to shareholders of record on May 29, 2026. This dividend is designated as an "eligible [Read more]
Prairie Provident Resources Announces First Quarter 2026 Results
CALGARY, Alberta, May 14, 2026 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) announces its financial and operating results for the first quarter of 2026. The Company’s interim financial statements for the three months ended March 31, 2026 and related Management’s Discussion and Analysis (“MD&A”) are available on the Company’s website at www.ppr.ca and filed on SEDAR+ at www.sedarplus.ca. Q1 2026 REVIEW AND UPDATE Production [Read more]
Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend SECURE Shareholders Vote “FOR” Proposed Transaction With GFL Environmental
ISS and Glass Lewis Support Transaction Based on Strategic Rationale, Premium Valuation and Long-Term Value Opportunity for Shareholders Shareholders Are Encouraged to Vote In Advance of the May 25, 2026 Proxy Voting Deadline CALGARY, AB, May 15, 2026 /CNW/ - SECURE Waste Infrastructure Corp. ("SECURE" or the "Corporation") (TSX: SES) today announced that Institutional Shareholder Services Inc. ("ISS") and Glass Lewis & Co. ("Glass Lewis"), leading independent [Read more]
Surge Energy Inc. Confirms June 2026 Dividend
CALGARY, AB, May 15, 2026 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on June 15, 2026, in respect of May 2026 production, for the shareholders of record on May 31, 2026, will be $0.043333 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Surge is an intermediate, publicly traded oil company focused on enhancing shareholder returns through free cash flow generation. The Company's [Read more]
Keyera Announces Retirement of Directors and Voting Results from Annual Meeting
CALGARY, AB, May 14, 2026 /CNW/ - Keyera Corp. (TSX: KEY) ("Keyera") announced today the retirement of Mr. Thomas O'Connor and Mrs. Gianna Manes as directors effective May 14, 2026. Keyera also announced today the voting results from its Annual and Special Meeting of Shareholders (the "Meeting") held on May 14, 2026. Each of the matters voted on at the Meeting are described in greater detail in Keyera's Management Information Circular dated March 26, 2026 (the "Information [Read more]
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