CALGARY, AB, May 28, 2025 /CNW/ - Westgate Energy Inc. ("Westgate" or the "Company") (TSXV: WGT), is pleased to announce the filing of its unaudited financial and operating results for the three months ended March 31, 2025. Selected financial and operating information should be read in conjunction with Westgate's unaudited consolidated financial statements and related management's discussion and analysis ("MD&A") for the three months ended March 31, 2025 and 2024, which are available on [Read more]
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TOP WELL REPORT – Alberta oil/condensate results for April – shocking results from the Charlie Lake formation; the largest Cardium oil well in years; and ARC Resources’ consistent contributions – StackDX Intel
Initial production data is out for April in Alberta. Alberta has reported oil, condensate, and gas; full Alberta NGL data (including pentane) and marketable gas is due out in a couple weeks. While the April data won't be considered complete until the rest of the Alberta data has been reported, it is nonetheless worthwhile to show the data as it stands today. Pentane volumes in Alberta will not be represented yet for April which will affect liquids results, and "gas equivalent" volumes will be [Read more]
Tidewater Midstream and Infrastructure Ltd. announces results of Annual General and Special Meeting
(TSX: TWM) CALGARY, AB, May 28, 2025 /CNW/ - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation") (TSX: TWM) is pleased to announce the voting results from our annual general and special meeting of holders of common shares ("Shares") of the Corporation held virtually on May 27, 2025 (the "Meeting"). A total of 200,905,637 Shares representing 46.59% percent of the outstanding Shares were voted in connection with the Meeting. The holders of Shares: (i) fixed the number [Read more]
LNG exporter Cheniere enters natural gas deal with Canadian Natural Resources
U.S. LNG exporter Cheniere Energy said on Wednesday its unit has entered into a long-term agreement to purchase natural gas from Canadian Natural Resources. WHY IS IT IMPORTANT The U.S. is the world's largest exporter of liquefied natural gas and had shipped 11.9 billion cubic feet per day of the supercooled fuel in 2024. Commercial activity in the sector has gained further momentum after U.S. President Donald Trump lifted a moratorium on new LNG export permits after taking office in [Read more]
Putin’s demands for peace include an end to NATO enlargement, sources say
President Vladimir Putin's conditions for ending the war in Ukraine include a demand that Western leaders pledge in writing to stop enlarging NATO eastwards and lift a chunk of sanctions on Russia, according to three Russian sources with knowledge of the negotiations. U.S. President Donald Trump has repeatedly said he wants to end the deadliest European conflict since World War Two and has shown increasing frustration with Putin in recent days, warning on Tuesday the Russian leader was "playing [Read more]
Ex-analyst sues Freepoint Commodities, alleges pressure to facilitate insider trading
A former senior analyst at U.S. trading company Freepoint Commodities has sued the company, alleging that top executives pressured employees to facilitate insider trading and retaliated against employees that objected. The lawsuit, filed in a New York federal court on May 14 by former employee Andrew Martin, claims Freepoint fired Martin in November to stop him from flagging unethical practices on the company's oil team during an FBI visit of its headquarters in December. The Stamford, [Read more]
Cheniere Signs Long-Term Integrated Production Marketing Agreement with Canadian Natural Resources Limited
HOUSTON--(BUSINESS WIRE)--Cheniere Energy, Inc. (“Cheniere”) (NYSE: LNG) announced today that its subsidiary, Cheniere Marketing, LLC (“Cheniere Marketing”), has entered into a long-term Integrated Production Marketing (“IPM”) gas supply agreement with Canadian Natural Resources Limited. Under the IPM agreement, a subsidiary of Canadian Natural Resources Limited has agreed to sell 140,000 MMBtu per day of natural gas to Cheniere Marketing for a term of 15 years, which is expected to commence [Read more]
We need more than capital – to be competitive, Canada needs to clean up oppressive legislation like these examples
It’s springtime in Calgary, which, after the mud grey/brown of spring, brings a spectacular colour palette. At the top, long days bring the deepest blue skies, which fade into a rich horizontal array of the baby green enthusiasm of new leaves, which in turn meet an eye-level dazzling array of bright orange traffic cones as the city shuts down every other street for some sort of repairs or excavations; and as three lanes merge to one you sit interminably on the pavement then crawl at walking [Read more]
Exxon Mobil to sell French subsidiary Esso to Canadian energy group
Energy major ExxonMobil has entered into exclusive negotiations with the French unit of Canadian energy group North Atlantic to divest its majority-owned French subsidiary Esso, it said on Wednesday. The sale is expected to take place in the last quarter of this year, at a price of 149.19 euros ($168.82) per Esso share before distributions, or 32.83 euros after distributions, Esso said in a statement. Those include an additional distribution of up to 63.36 euros per share ExxonMobil aims [Read more]
U.S. scolds Russia for stoking WW3 fears after Trump’s ‘playing with fire’ remark
U.S. President Donald Trump's envoy, Keith Kellogg, on Wednesday scolded a top Russian official for stoking fears of World War Three after Trump warned President Vladimir Putin was "playing with fire" over Ukraine. As Russian forces advanced in Ukraine, Trump, in a post on Truth Social, said that Putin was playing with fire and cautioned that "REALLY BAD" things would have happened already to Russia if it was not for Trump himself. "What Vladimir Putin doesn't realize is that if it weren't [Read more]
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