CALGARY, Alberta, May 14, 2026 (GLOBE NEWSWIRE) -- Bonterra Energy Corp. (TSX: BNE; OTCID: BNEFF) (“Bonterra” or the “Company”), a Calgary based oil and gas producer, is pleased to announce its financial and operating results for the three months ended March 31, 2026. Bonterra delivered $23.5 million in funds flow ($0.64 per fully diluted share) and brought four new Charlie Lake wells and one Montney well onto production during the quarter. The related unaudited condensed financial statements [Read more]
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LNG Canada to make decision on phase 2 expansion by end of year, Canada Minister says
The proponents behind LNG Canada will make a final investment decision on whether to go ahead with a proposed second phase expansion of the project by the end of this year, Canada's Natural Resources Minister said Thursday. * The Canadian government is working together with British Columbia and the Shell-led LNG Canada to collectively progress the final items needed to support a decision, Minister Tim Hodgson said. * Shell and its project partners on May 1 approved hundreds of millions of [Read more]
Rubellite Energy Corp. Announces Election of Directors
CALGARY, AB, May 14, 2026 /CNW/ - (TSX: RBY) – Rubellite Energy Corp. ("Rubellite" or the "Company") is pleased to announce that the nominees listed in the management proxy circular dated March 27, 2026, were elected as directors of Rubellite. The detailed results of the vote for the election of directors held at its annual meeting of shareholders earlier today in Calgary, Alberta are set out below. Election of Directors Each of the following eight nominees proposed by management was elected [Read more]
Enhanced Investment Co-operation Advances Efforts Around LNG Canada’s Proposed Phase 2 Expansion
VANCOUVER, BC, May 14, 2026 /CNW/ - Today, the Government of Canada, the Government of British Columbia and LNG Canada reached agreement on enhanced investment co-operation and actions to collectively progress closure of final items to support a potential 2026 Final Investment Decision (FID) of LNG Canada's proposed Phase 2 expansion, a key national and provincial priority project, which was referred by the Prime Minister to the Major Projects Office in September 2025. This agreement [Read more]
Journey Announces Disposition of Non-Core Assets
Calgary, Alberta--(Newsfile Corp. - May 14, 2026) - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company") is pleased to announce it has entered into a definitive agreement with a private company for the disposition of its Countess assets (the "Assets") for total cash consideration of $7 million, subject to customary closing adjustments. The Assets being sold include the Countess gas field as well as Journey's 4 MW Countess Power Generation Facility. The Assets are currently [Read more]
Discount on Western Canada Select narrows
The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures narrowed on Thursday. WCS for June delivery in Hardisty, Alberta settled at $15.30 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, compared to $15.85 on Wednesday. * While the discount has narrowed since the start of the month, the differential for heavy Canadian crude remains wider than it was at the beginning of the U.S. war on Iran. * The WCS differential has [Read more]
Carney, Smith confirm energy announcement coming Friday
CALGARY - Prime Minister Mark Carney and Alberta Premier Danielle Smith say they'll be in Calgary on Friday to announce the next step in their landmark energy pact. Carney says it will feature an implementation agreement on industrial carbon pricing and advance a potential new pipeline. Neither he nor Smith shared more details, but the premier told the legislative assembly it would be another step toward resetting the province's relationship with Ottawa. The memorandum of understanding signed [Read more]
Mideast conflict puts Argentina’s Vaca Muerta shale in focus, analysts say
Argentina has launched its biggest Vaca Muerta shale bid round in a decade, offering 15 exploration blocks as energy companies and importing nations seek more reliable crude supplies amid heightened Middle East tensions. The auction, run by Neuquen provincial energy company Gas y Petroleo del Neuquen (GyP), comes as concerns over disruption to oil flows through the Strait of Hormuz sharpen interest in supply sources outside the region. * Consultancy Rystad Energy said Vaca Muerta, the [Read more]
Carney says Canada, Alberta will advance a potential crude oil pipeline
Canada and the energy-producing province of Alberta will meet on Friday and advance a potential pipeline to transport at least one million barrels of Alberta oil a day to new markets, Prime Minister Mark Carney said on Thursday. Carney, speaking to reporters, also confirmed an earlier Reuters report which said he would also unveil details of a new deal with Alberta on industrial carbon pricing. (Reporting by David Ljunggren) [Read more]
Prime Minister Carney announces forthcoming National Electricity Strategy
OTTAWA, ON, May 14, 2026 /CNW/ - The world is changing rapidly. The United States is upending global trade, wars are ongoing in Europe and the Middle East, artificial intelligence is scaling at speed, and climate change is intensifying. In response, Canada's new government is focused on what we can control: building an affordable, competitive, and sustainable Canadian economy. Central to this mission is supplying and controlling our own energy. Electricity is the clear solution to [Read more]
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