Traditional data access methods depend on fragmented systems, outdated databases, and manual data transfers — all of which hold companies back. These limitations result in delayed decision-making, inefficiencies, and potential compliance risks. In response, GDM has launched a cloud-based, real-time data access solution that eliminates these barriers. The new initiative included providing two Canadian energy companies with early access to GDM content via Snowflake and has demonstrated the [Read more]
News
No rush for US energy as Asia’s imports slip under Trump: Russell
Asian countries aren't rushing to buy U.S. energy commodities, even though lifting imports of crude oil, liquefied natural gas and coal will help meet President Donald Trump's demand for lower trade surpluses. While rare earths may be the immediate talking point in the current talks between the Trump administration and China, the real action behind any deal will be in the big three energy commodities. The same is true for other Asian economies seeking to curry favour with Trump and get a [Read more]
EPA proposes giving Texas authority to oversee CO2 injection permits
The U.S. Environmental Protection Agency on Monday proposed approving Texas' application to oversee its own permitting for projects to inject carbon dioxide underground, a move long sought by that state's regulators and oil and gas companies with projects in the wings. EPA Administrator Lee Zeldin said Texas is best positioned to protect its drinking water from contamination while enabling lucrative CO2 injection projects, also known as carbon capture and storage (CCS) projects to mitigate [Read more]
Discount on Western Canada Select narrows slightly
The discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate (WTI) futures narrowed slightly on Monday. WCS for July delivery in Hardisty, Alberta, settled at $8.80 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, after having settled at $8.85 under the U.S. benchmark on Friday. * The WCS discount is tight in part due to the wildfire situation in Western Canada, which continues to be a risk to Canadian oil supply, said Enverus [Read more]
Quebec government scraps gasoline floor price to boost competition
MONTREAL - Quebec has abolished its floor price on gasoline in a bid to bring down costs at the pump. The Quebec government announced the measure in April after the federal government scrapped the consumer carbon tax. The floor price had been in place since the 1990s to protect small service stations from being undercut by larger players. But the government says it hopes getting rid of it will boost competition and bring down prices. The minimum price was officially axed on Saturday [Read more]
Cardinal Energy Ltd. Announces Monthly Dividend for June
Calgary, Alberta--(Newsfile Corp. - June 9, 2025) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") confirms that our June dividend of $0.06 per common share will be paid on July 15, 2025 to shareholders of record on June 30, 2025. The Board of Directors of Cardinal has declared the dividend payable in cash. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes. About Cardinal Energy Ltd. Cardinal is a Canadian oil and natural gas [Read more]
Natural gas pipeline ownership spreads across 36 First Nations in B.C.
Stonlasec8 agreement is Canada’s first federal Indigenous loan guarantee By CEC Staff Chief David Jimmie is president of Stonlasec8 and Chief of Squiala First Nation in B.C. He also chairs the Western Indigenous Pipeline Group. Photo courtesy Western Indigenous Pipeline Group The first federally backed Indigenous loan guarantee paves the way for increased prosperity for 36 First Nations communities in British Columbia.In May, Canada Development Investment Corporation [Read more]
CAPP statement on the One Canada Act
“Canada is facing an increasingly uncertain geopolitical environment and a world in which the global trade order is being reshaped at a pace unseen in modern history. After a decade marked by project delays, Canada must act with urgency to strengthen its position in trade negotiations, whether with the United States or other major global players. The best way to achieve this is by rapidly advancing major nation-building projects that connect Canadian products to a more diversified global [Read more]
Keyera doubles natural gas volumes to be shipped via AltaGas terminal in B.C.
CALGARY - Keyera Corp. has reached an agreement to double the volume of liquefied petroleum gas it plans to export through a West Coast export facility being built by AltaGas Ltd. AltaGas said in February that Keyera had contracted 12,500 barrels per day of capacity to ship the gas to Asia via the Ridley Island Energy Export Facility near Prince Rupert, B.C. The companies announced Monday that will rise to 25,000 barrels per day under 15-year tolling agreements. The facility is to be [Read more]
Power Up: OPEC’s May output underwhelms
(Power Up is published on Mondays and Thursdays. Think your friend or colleague should know about us? Forward this newsletter to them. They can also subscribe here.) June 9 - By Liz Hampton U.S. energy markets editor Hello Power Up readers! Oil prices are steady to kick off the week ahead of U.S.-China trade talks in London on Monday. Any trade deal between the two countries could support the global economic outlook, boosting demand for commodities like oil. Brent crude futures were at [Read more]
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