CALGARY, AB, June 15, 2026 /CNW/ - SECURE Waste Infrastructure Corp. ("SECURE" or the "Corporation") is pleased to announce that its Board of Directors has declared a quarterly dividend of $0.105 per common share payable on or about July 15, 2026, to shareholders of record on July 1, 2026. This dividend is designated as an eligible dividend for the purposes of the Income Tax Act (Canada) and any similar applicable provincial legislation. SECURE also announced today that [Read more]
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International Petroleum Corporation Corporate Update: Blackrod Phase 1 First Oil Achieved
International Petroleum Corporation (IPC) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce first oil has been achieved at Phase 1 of the Blackrod project, ahead of schedule and on budget. The Blackrod Phase 1 development project began production on May 31, 2026 as the initial well pairs commenced conversion from steam circulation to production. As the remaining well pairs undergoing steam circulation reach the necessary conformance conditions, they will subsequently be converted to oil [Read more]
Freehold Royalties Declares Dividend for June 2026
CALGARY, Alberta, June 15, 2026 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX: FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.09 per common share to be paid on July 15, 2026 to shareholders of record on June 30, 2026. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Freehold is uniquely positioned as a leading North American energy royalty company with approximately 6.0 million gross acres in Canada and [Read more]
Stocks of oil in US Strategic Petroleum Reserve falls to lowest since 1983
Stocks of crude oil in the U.S. Strategic Petroleum Reserve fell to 340.3 million barrels, the lowest level since 1983, according to data from the Department of Energy on Monday, signaling tight supplies just as the U.S. and Iran agree on a deal to end the war and open the Strait of Hormuz. Inventories in the government's emergency stash fell by 8.9 million barrels, the third steepest draw on record. The drawdowns are a part of a U.S. agreement to loan 172 million barrels from the facility to [Read more]
Citi cuts Brent forecasts as U.S.-Iran MoU points to Strait of Hormuz flow normalization
Citi on Monday cut its average Brent crude forecasts to $75 and $70 per barrel for the third and fourth quarters of 2026, respectively, citing expectations that the Strait of Hormuz trade flows will resume and normalize after the U.S. and Iran approved a memorandum of understanding to end the war in the Gulf. The bank also lowered its 2027 Brent forecast to $65 per barrel from $80 previously, shifting its outlook toward what had been its bear-case scenario, it said in a note. Citi said its [Read more]
Trump says Iran deal has been signed, text to come soon
U.S. President Donald Trump on Monday said an agreement with Iran has been signed and that the text of the deal would be released sometime after a formal signing on Friday, adding that the Strait of Hormuz would also be fully open. Speaking alongside French President Emmanuel Macron ahead of this week's G7 meeting, Trump said he did not know if he would attend the Friday ceremony expected in Geneva, but that U.S. Vice President JD Vance would be there. "The deal's all signed. And the strait is [Read more]
Advantage Energy CEO Michael Belenkie steps down, interim chief named
Canadian company Advantage Energy said on Monday that Michael Belenkie has stepped down as president, CEO and board director, effective immediately, amid a shareholder push for stricter financial oversight. The Calgary, Alberta-based energy producer appointed Board Chair John Festival as interim CEO while it searches for a permanent successor. Advantage’s board, in February, had concluded that none of the proposals it received as a result of a strategic review were in the best interest of [Read more]
Vance says he hopes to release text of agreement to halt war in Iran this week
U.S. Vice President JD Vance said on Monday that he hopes text of an agreement to halt the war in Iran and open the Strait of Hormuz will be released this week, as further negotiations over the deal's details were set to continue. In an interview on CNBC, Vance also said the United States expects the economically vital waterway would be open without tolls on a long-term basis. "Our expectation is that the Strait is going to be opened in a toll-free way for the long-term," he [Read more]
Trump says ships carrying oil are moving out of Strait of Hormuz
U.S. President Donald Trump said on Monday that many ships loaded with oil are starting to move out of the Strait of Hormuz. "Ships are starting to move, many loaded up with Oil, out of the Strait of Hormuz. They are going along the Southern 'Highway,' which is totally safe, secure, and pristine," he wrote in a Truth Social post. (Reporting by Susan Heavey and Katharine Jackson) [Read more]
Advantage Announces CEO Transition and Appointment of Interim CEO
(TSX: AAV) CALGARY, AB, June 15, 2026 /CNW/ - Advantage Energy Ltd. ("Advantage" or the "Corporation") today announced that Michael Belenkie has stepped down as President and Chief Executive Officer and as a director of the Corporation, effective today. The Board of Directors (the "Board") has appointed John Festival as Interim CEO, effective immediately. John Festival, Interim CEO and Chair of the Board, commented: "Advantage's business is performing well and continues to [Read more]
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