CALGARY, AB, June 13, 2025 /CNW/ - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) is pleased to announce the declaration of its monthly dividend and extension of its Credit Facility. Dividend Declaration Tamarack's Board of Directors has declared a monthly cash dividend on its common shares of $0.01275 per share in accordance with the Company's dividend policy. The dividend will be payable on July 15, 2025, to shareholders of record at the close of [Read more]
News
Canadian premiers turn to New England governors for support on Trump tariffs
FREDERICTON - A group of Canadian premiers appear to be setting high expectations as they pursue negotiations with American governors to mitigate the impacts of United States-imposed tariffs on their economies. Premiers from New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Ontario, and Quebec's economic minister are scheduled to meet with New England governors on Monday in Boston. New Brunswick Premier Susan Holt said the premiers look to the New England [Read more]
Israel says Iran approached ‘point of no return’ in pursuit of nuclear weapon
Israel said it had no choice but to attack Iran, adding that it gathered intelligence that Tehran was approaching "the point of no return" in its pursuit of a nuclear weapon. "The Iranian regime has been working for decades to obtain a nuclear weapon. The world has attempted every possible diplomatic path to stop it, but the regime has refused to stop," the Israeli military said in a statement. The military did not disclose the purported evidence that it had recently [Read more]
Oil prices jump more than 5% after Israel strikes Iran
Oil prices jumped more than 5% on Friday to hit the highest in more than two months after Israel said it struck Iran, raising concerns of escalating tensions in the Middle East that could disrupt oil supplies. Brent crude futures rose $3.91, or 5.64%, to $73.27 a barrel by 0146 GMT, the highest since April 3. U.S. West Texas Intermediate crude was up $4.09, or 6.01%, at $72.13 a barrel. Israel said early on Friday that it struck Iran, and Iranian media said explosions were heard in Tehran [Read more]
Israeli strikes seek to hurt Iran’s nuclear infrastructure and military capabilities, Netanyahu says
Israel's strikes on Iran are aimed at hurting its nuclear infrastructure, its ballistic missile factories and many of its military capabilities, Prime Minister Benjamin Netanyahu said. "This operation will take as long as is needed to complete the task of fending off the threat of annihilation against us," he added in a recorded video message. (Reporting by Maayan Lubell and Alexander Cornwell; Editing by Himani Sarkar) [Read more]
Alberta to explore injecting oilsands tailings underground as one management option
EDMONTON - The Alberta government says it is considering letting oil companies inject wastewater deep underground as a way to manage the toxic tailings that are accumulating in the oilsands. The idea is one of five policy recommendations being put forward by a government-appointed committee tasked with studying potential tailings management options. A new report from the committee, which was formed over a year ago and is chaired by United Conservative MLA Tany Yao of Fort McMurray, says [Read more]
Pulse Announces a $13.5 Million Seismic Data License Sale and Provides Revenue Update
CALGARY, Alberta, June 12, 2025 (GLOBE NEWSWIRE) -- Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) is pleased to announce the sale of a significant seismic data license, valued at $13.5 million. On a preliminary basis, second quarter revenue to date approximates $17.2 million, including the license announced today. This brings year-to-date total licensing revenue to $40.0 million, reflecting an increase of 66% compared to the last three years average annual [Read more]
NextDecade signs $9 billion contracts with Bechtel for construction of LNG sites
U.S. liquefied natural gas producer NextDecade said on Thursday that its units have finalized contracts with Bechtel Energy to construct train 4 and train 5 at its Rio Grande LNG facility, with a combined value of about $9 billion. Under engineering, procurement, and construction (EPC) contracts, NextDecade agreed to pay Bechtel about $4.77 billion under a renewed agreement for the fourth liquefaction train. For the fifth train, it executed an EPC contract worth about $4.32 billion. The [Read more]
Discount on Western Canada Select widens
The discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate (WTI) futures widened on Thursday. WCS for July delivery in Hardisty, Alberta, settled at $9.05 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared with $8.90 a barrel in Wednesday's trade. * WCS discounts had tightened last week, partly due to the wildfire situation in Western Canada that prompted several oil sands operations in the oil-producing province of [Read more]
The Alberta Energy Regulator publishes its 2024 Pipeline Performance Report
June 10, 2025 CALGARY, AB – The Alberta Energy Regulator (AER) has released its 2024 Pipeline Performance Report, the latest in its annual series tracking industry performance on pipeline safety across the province. The AER regulates more than 400 000 kilometres of pipeline within Alberta’s borders that transport natural gas, crude oil and refined products, diluent, produced water, and sour gas. The report covers incident data from 2020 to 2024 and forms part of the AER’s [Read more]
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