Calgary, Alberta--(Newsfile Corp. - May 9, 2025) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce the results of the vote on directors at its annual and special shareholders' meeting held on May 9, 2025 (the "Meeting"). A total of 53,879,300 votes representing 33.72% of the total votes entitled to vote at the Meeting, were voted in connection with the election of directors. The voting results for the six directors nominated for election are set forth in the [Read more]
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Pembina Pipeline sees enough demand for potential expansion to Cedar LNG project
CALGARY - The chief executive of Pembina Pipeline Corp. says he believes there will be enough demand to support an expansion to the Cedar LNG project on the B.C. coast as it looks to sign on more shippers for the first phase now in early construction. Pembina has shortlisted the preferred counterparties, and has begun negotiating definitive agreements, Scott Burrows told analysts on a conference call Friday to discuss his company's first-quarter results. "They're big, complicated [Read more]
Blacksteel Energy Inc. Announces Amendment to Agreement for the Sale of Girouxville Assets
Calgary, Alberta--(Newsfile Corp. - May 9, 2025) - Blacksteel Energy Inc. ("Blacksteel" or the "Corporation") is pleased to announce that further to its press release dated March 3, 2025 outlining the sale by the Corporation and its 100% subsidiary Drakkar Energy Ltd. ("Drakkar") of all of its oil producing assets in the Girouxville Area to Perthro (Canada) Inc. ("Perthro") (the "Proposed Transaction"), the parties have agreed to amend the consideration paid by Perthro to Blacksteel under the [Read more]
US oil and gas rig count falls to lowest since January, Baker Hughes says
U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, fell by six to 578 in the week to May 9. Baker Hughes said this week's decline puts the total rig count down 25, or 4% below this time last year. Baker Hughes said oil rigs fell by five to 474 this week, their lowest since January, [Read more]
Unifor raises alarm over sale of B.C. refinery to U.S. firm amid energy security concerns
BURNABY, BC, May 9, 2025 /CNW/ - Unifor is raising serious concerns about the sale of one of British Columbia's last remaining oil refineries to American energy giant Sunoco. The refinery is part of a larger list of assets across Canada being sold from Parkland to Sunoco. "This is not the time to hand over control of critical energy infrastructure to a foreign multinational, especially in the middle of a trade war," said Unifor National President Lana Payne. "Unifor is sounding [Read more]
US oilfield giants brace for tough times as price slide rattles producers
Top U.S. oilfield service firms have signaled a challenging period ahead as a recent slide in oil prices pushes producers to temper their drilling activity and rethink their budgets. SLB, Halliburton, and Baker Hughes all flagged cautious customer spending in their first-quarter reports, citing a lack of visibility, especially in North America. Higher output from the OPEC+ grouping and a global tariff war that has raised demand concerns drove crude prices to near $55 a barrel this month, [Read more]
Headwater Exploration Inc. announces results of annual and special shareholder meeting
CALGARY, AB, May 8, 2025 /CNW/ - Headwater Exploration Inc. ("Headwater") (TSX:HWX) is pleased to announce that the nominees listed in Headwater's management information circular dated March 25, 2025 were elected as directors of Headwater at its annual and special meeting of shareholders (the "Meeting") held today, May 8, 2025. In addition, all other matters considered at the Meeting were approved by Headwater's shareholders. On a vote by ballot, each of the following eight nominees proposed [Read more]
Athabasca Oil Corporation Announces Results from 2025 Annual Shareholder Meeting
CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) announces that all matters presented for approval at the Annual General Meeting of Shareholders held May 8, 2025 have been fully authorized and approved. The items on the agenda included fixing the number of directors to be elected at eight, electing eight proposed director nominees and the appointment of Ernst & Young LLP as auditors. The results of the voting, inclusive [Read more]
Strathcona Announces Q1 2025 Conference Call
CALGARY, AB, May 9, 2025 /PRNewswire/ - Strathcona Resources Ltd. ("Strathcona" or the "Company") (TSX: SCR) will release its first quarter 2025 financial and operating results after market close on May 15, 2025. Strathcona will host a conference call on May 16, 2025, starting at 9:00AM MT (11:00AM ET), to review the Company's first quarter 2025 results. Date: Friday, May 16, 2025 Time: 11:00AM ET (9:00AM MT) URL Entry: To join without operator [Read more]
Spain’s LNG imports from the US soar, represent 35% of all gas supply
Imports of liquefied natural gas from the United States rose to 35% of Spain's total gas imports in the first four months of this year from just over 20% a year ago, while imports of Russian LNG declined, data showed on Friday. Europe has increasingly imported superchilled gas shipped from the U.S. since Russia's invasion of Ukraine significantly reduced the amount of Russian gas piped to Europe. In the first four months of the year, Spain imported the equivalent of 45,932 gigawatt-hours [Read more]
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