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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

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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

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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]

Cenovus reports voting results of annual meeting of shareholders

CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) held its annual meeting of shareholders on May 8, 2025. Each matter voted on is described in greater detail in the Corporation’s 2025 Management Information Circular dated March 12, 2025. Shareholders voted as follows on the matters before the meeting: Appointment of Auditor PricewaterhouseCoopers LLP, Chartered Professional Accountants, was reappointed as auditor of the [Read more]

Enbridge beats Q1 profit estimates on Mainline and gas distribution growth

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Enbridge surpassed market estimates for first-quarter profit on Friday, driven by higher earnings from its Mainline system and gas distribution unit, and said that U.S. tariffs were not expected to materially impact its current operations. Canada is the leading supplier of imported oil to the United States, delivering about 4 million barrels per day, primarily to Midwest refineries designed to process its specific grades. In addition to its liquid pipeline operations, Enbridge acquired [Read more]

Imperial reports voting results for election of directors

CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited (TSE: IMO, NYSE American: IMO) announced at its annual meeting of shareholders held on May 8, 2025, that each of the seven nominees proposed as directors of the company and listed in its management proxy circular dated March 17, 2025 were elected as directors. A total of 474,218,780 shares (93.16 percent of outstanding common shares) were represented in person or by proxy. The shares represented at the meeting that were voted to elect the [Read more]

TC Energy announces 2025 annual meeting Board of Directors election results

CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that at its 2025 annual meeting of shareholders held earlier today, each of the following 13 nominees were elected as directors of TC Energy on a vote by ballot to serve until the next annual meeting of shareholders of TC Energy, or until their successors are elected or earlier appointed: Nominee # Votes For % Votes For # [Read more]