Calgary, Alberta--(Newsfile Corp. - July 30, 2026) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "Company") announces that its Board of Directors has declared a quarterly cash dividend of CDN$0.0225 per share to be paid on October 1, 2026 to shareholders of record on September 15, 2026. The U.S. dollar equivalent amount is approximately US$0.0161 per share assuming a foreign exchange rate of 1.40 CAD/US. Payments to shareholders who are not residents of Canada will be net of [Read more]
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ARC Resources Ltd. reports second quarter 2026 results
CALGARY, AB, July 30, 2026 /CNW/ -- (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Company") today reported its second quarter 2026 financial and operational results. HIGHLIGHTS Shell Acquisition On April 27, 2026, ARC announced that it entered into an arrangement agreement with Shell plc ("Shell") and Shell Canada Limited ("Shell Canada"), a wholly owned subsidiary of Shell, which agreement was subsequently amended pursuant to an amending agreement dated June 6, [Read more]
Advantage Announces Second Quarter 2026 Results
(TSX: AAV) CALGARY, AB, July 30, 2026 /CNW/ -- Advantage Energy Ltd. ("Advantage" or the "Corporation") is pleased to report second quarter 2026 financial and operating results. The financial and operating highlights presented below are for Advantage only and exclude its subsidiary Entropy Inc. 2026 Second Quarter Financial Highlights Cash provided by operating activities of $107.3 million. Adjusted funds flow(a) of $88.8 million or $0.53/share. Cash used in investing [Read more]
China’s shifting energy mix weakens pillar of global LNG growth
For years, China was viewed by liquefied natural gas (LNG) producers as the key driver of future demand growth, helping to justify billions of dollars in export infrastructure investment from the U.S. Gulf Coast to Qatar. But China's appetite for the super-chilled fuel is flagging, even as producers prepare a wave of new supply in coming years, potentially undermining the viability of some future projects that depend on long-term import needs from Asia and Europe. The Iran war has [Read more]
Argentina’s growth paradox: Shale riches grow as jobs disappear elsewhere
Ramiro Ramirez, a trained mechanic, found work in just a month at Argentina's Vaca Muerta, home of one of the world's largest shale oil and gas reserves, where he earns 10 times his previous salary as a cook. His new life operating a gas compressor is not easy. Ramirez, 25, leaves his city in Neuquen province at 5 a.m. for a daily two-hour ride to oil fields by the small, dusty town of Añelo, which has swelled with newcomers seeking work since the formation's production rose sharply in recent [Read more]
Oil companies signing agreements in Venezuela, but delays persist
Venezuelan officials and oil executives have moved ahead with the migration of dozens of joint ventures to new terms approved in a sweeping government reform, but delays remain in finalizing the agreements needed to greenlight the projects, four sources involved in the preparations said. Venezuela's oil ministry had set July 28 as the deadline to complete the migration of all existing projects, but the numerous permits and agreements linked to core contracts have created obstacles. Among the [Read more]
Drone strike in Egypt sparks security concerns about Suez oil exports
A drone strike that damaged two gas tankers in Egyptian waters has renewed energy security concerns about the nearby Suez Canal and a related pipeline, a vital export route for Saudi Arabian oil since the beginning of the Iran war. Even as Iran and its Houthi allies have fired on tankers transiting the Strait of Hormuz and Bab el-Mandeb, Egypt's Suez Canal and Sumed pipeline continued to offer safe, northbound export routes for Saudi Red Sea energy cargoes. While no party has claimed [Read more]
Mideast oil faces bleak new order as Iran’s grip on Hormuz tightens: Bousso
Neither full-scale war nor peace is taking hold in the Middle East, trapping energy markets in an uncomfortable limbo that won’t be easy to escape. Worries about the reliability of Gulf supplies are becoming increasingly entrenched among buyers, creating an alarming new norm for the region’s producers. More than five months after the United States and Israel launched military strikes against Iran, the region's energy sector appears weaker and more vulnerable than at any point since the war [Read more]
China’s crude calculus in Iran war
Explosions tore through a natural gas port on Egypt's Mediterranean coast on Wednesday, with maritime security firm Ambrey reporting a U.S.-owned floating storage tanker there had been hit by a drone. The strike on Damietta, for which there was no claim of responsibility, came hours after Washington and Saudi Arabia hit Iran-backed paramilitary groups in Iraq, and after Iran fired ballistic missiles at U.S. forces overnight. President Trump, whose administration had only days earlier halted [Read more]
QatarEnergy buys 33 US LNG cargoes to offset Hormuz disruption, sources say
QatarEnergy (QE) has bought 33 spot LNG cargoes this year from the U.S. for delivery to South Korea, Taiwan, Bangladesh, India and Japan, four trade and industry sources said, as it tried to reduce disruption to key customers after Qatari gas exports through the Strait of Hormuz were halted by the Iran war. QE declared force majeure on its liquefied natural gas shipments after Iran closed the waterway to shipping, bottling up 20% of global oil and gas supplies from major producers that export [Read more]
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