Just how much crude oil is leaving the Strait of Hormuz? U.S. Energy Secretary Chris Wright claims almost nine million barrels per day, but the companies that track vessel movements say at best it is about half this volume. The amount of crude leaving the Middle East via the narrow chokepoint matters, as it's this oil that goes to Asia, the top energy-consuming region that has been hardest hit by the fallout since the U.S. and Israel attacked Iran on February 28. Wright said on social media [Read more]
News
InPlay Oil Corp. Announces Second Quarter 2026 Financial and Operating Results
CALGARY, AB, Aug. 13, 2026 /CNW/ -- InPlay Oil Corp. (TSX: IPO) (TASE: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") is pleased to announce its financial and operating results for the three and six months ended June 30, 2026. InPlay's unaudited interim financial statements and notes, and Management's Discussion and Analysis ("MD&A") for the three and six months ended June 30, 2026 will be available at "www.sedarplus.ca" and the Company's website at "www.inplayoil.com". An updated corporate [Read more]
ROK Resources Announces Normal Course Issuer Bid
NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES REGINA, SK / ACCESS Newswire / August 13, 2026 / ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK)(OTCQB:ROKRF) is pleased to announce that it has received conditional acceptance for its intention to make a normal course issuer bid ("NCIB") through the facilities of the TSX Venture Exchange ("TSXV") to purchase and cancel up to 18,157,025 in the capital of the Company ("Common Shares") during the one-year [Read more]
Tidewater Midstream and Infrastructure Ltd. announces second quarter 2026 results, operational update, and increase to 2026 financial guidance
(TSX: TWM) CALGARY, AB, Aug. 13, 2026 /CNW/ -- Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation" when referring to the consolidated group, and "Tidewater Midstream" when referring to the legal entity) (TSX: TWM) has filed its consolidated interim financial statements and Management's Discussion and Analysis ("MD&A") for the three and six months ended June 30, 2026. Second Quarter 2026 Highlights Consolidated net income attributable [Read more]
Are global oil stocks big enough to weather another six months of US-Iran war?
As the U.S.-Iran war drags on with no end in sight, oil traders and policymakers are grappling with a critical question: are global oil stocks enough to offset what could become the biggest supply disruption on record? The answer is far from clear, depending not only on how much oil remains in storage, but also on how much of it can actually be released. DISRUPTION DOESN'T GET ANY EASIER How long reserves would last can only be ascertained by figuring out the size of the current [Read more]
Oil eases as weaker demand outlook counters Mideast supply concerns
Oil prices eased on Thursday after gains in previous sessions, as attention turned to expectations of weaker global oil demand this year, while there was no progress on opening the vital Strait of Hormuz. Brent futures slipped 42 cents, or 0.47%, to $88.56 a barrel by 0405 GMT. U.S., trimming gains made over the previous six sessions. West Texas Intermediate (WTI) crude fell 55 cents, or 0.66%, to $82.72, after advancing over the past five sessions. A senior Iranian source said on [Read more]
Prairie Provident Resources Announces Second Quarter 2026 Results
CALGARY, Alberta, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) announces its financial and operating results for the second quarter of 2026. The Company’s interim financial statements for the three and six months ended June 30, 2026, and related Management’s Discussion and Analysis (“MD&A”) are available on the Company’s website at www.ppr.ca and filed on SEDAR+ at www.sedarplus.ca. Q2 2026 REVIEW AND UPDATE [Read more]
Pine Cliff Energy Ltd. Announces Second Quarter 2026 Results, and Capex Guidance Update
Calgary, Alberta--(Newsfile Corp. - August 12, 2026) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") announces its second quarter 2026 financial and operating results, and an update to its capex guidance for 2026. Second Quarter 2026 Summary Highlights Generated $5.9 million ($0.02 per basic and fully diluted share) and $15.5 million ($0.04 per basic and fully diluted share) of adjusted funds flow1 for the three and six months ended June 30, 2026, [Read more]
Journey Announces Disposition of Assets
Calgary, Alberta--(Newsfile Corp. - August 12, 2026) - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company") is pleased to announce it has entered into a definitive agreement to sell certain Northwest Alberta assets. Journey has entered into a definitive agreement with a private company for the disposition of certain Northwest Assets (the "Assets") for total cash consideration of $28 million, subject to customary closing adjustments. The Assets include the Ante Creek [Read more]
Birchcliff Energy Ltd. Announces Strong Q2 2026 Results, Increased 2026 Production Guidance and New Malin Natural Gas Market Diversification
CALGARY, Alberta, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its Q2 2026 financial and operational results, updated 2026 guidance and the addition of the Malin hub to its natural gas marketing portfolio. Birchcliff is also pleased to announce that its board of directors (the “Board”) has declared a quarterly cash dividend of $0.03 per common share for the quarter ending September 30, 2026. HIGHLIGHTS Q2 [Read more]
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