SURREY - British Columbia Premier David Eby says he helped a cabinet minister write her statement denouncing plans for the expansion of a liquefied natural gas plant neighbouring her riding, despite his government advocating for the project. Kelly Greene, the minister of emergency management and climate readiness, posted a statement on Friday saying she was "disappointed" in the decision by FortisBC to move forward with the next phase of the Tilbury LNG project, citing safety [Read more]
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Saudi Arabia says it intercepted drones launched from Iraq targeting oil facilities
Saudi Arabia said on Tuesday that its air defenses intercepted and destroyed several drones launched from Iraqi territory that attempted to target oil facilities in the kingdom's key Eastern Province. It was the second such attack in less than two days, raising the stakes for Baghdad as Riyadh presses Iraq to prevent its territory from being used as a launchpad against Saudi oil facilities. Saudi defense ministry spokesperson Turki al-Maliki said on X that the drones were launched from Iraqi [Read more]
Natgas producer Expand Energy beats second-quarter profit estimates
U.S. natural gas producer Expand Energy beat Wall Street estimates for second-quarter profit on Tuesday, helped by higher output. U.S. producers are benefiting from surging electricity demand for natural gas to power data centers as well as rising liquefied natural gas exports. The company's production averaged 6.9 billion cubic feet per day (Bcfepd) during the quarter ended June, up from about 6.6 bcfepd in the prior year. However, the average realized price of natural gas was $2.90 [Read more]
China in touch with Yemen’s Houthis to allow ships to sail through Red Sea, sources say
China has held direct talks with Yemen's Houthi movement to enable its tankers to sail through the southern Red Sea without being attacked after the Iran-aligned militia pledged to prevent access to Saudi ports, six sources with knowledge of the matter have said. The Houthis declared their blockade on July 20, opening a new front against the U.S. and its allies in the Iran war and expanding attacks on tankers carrying energy and other supplies to markets beyond the Middle East. Beijing has [Read more]
Yemen’s Houthis say they fired ballistic missiles at Saudi oil tanker in Red Sea
Yemen's Houthis said on Tuesday that they had fired ballistic missiles at a Saudi oil tanker, accusing the vessel of violating what they described as their maritime blockade on Saudi Arabia in the Red Sea and ignoring warning calls. The Iran-aligned group's military spokesperson, Yahya Saree, said the vessel was forced to turn back. (Reporting by Enas Alashray and Muhammad Al Gebaly Editing by David Goodman ) [Read more]
Cheniere gets approval to introduce natural gas into final LNG expansion plant
U.S. regulators have approved Cheniere Energy's request to introduce natural gas into Train 7 of its Corpus Christi LNG export project in south Texas, according to a Federal Energy Regulatory Commission (FERC) letter issued on Tuesday. * The approval takes the largest U.S. LNG exporter one step closer to production from its seventh and final train at its Corpus Christi midscale expansion project. * Corpus Christi Stage 3 is designed to add more than 10 million metric tons of LNG, expanding [Read more]
StackDX Reaches 70% of Canadian Oil and Gas Production Through Customer Base, Announces Expansion into the United States
FOR IMMEDIATE RELEASE CALGARY, Alberta — July 28, 2026 — Stack Technologies Ltd. ("Stack") today announced that companies representing approximately 70% of Canadian oil and gas production now use one or more StackDX products, marking a significant milestone for the Calgary-based technology company as it also expands into the United States with its first U.S. customers. Originally built as a secure data and document management platform for the energy industry, Stack has grown into a broader [Read more]
Saudi Aramco shuts Jazan oil refinery after attack, IIR note shows
Saudi Aramco shut down its 400,000 barrel per day Jazan oil refinery in Saudi Arabia on July 27 following an attack by Yemen's Houthi militants on Saturday, a note from consultancy IIR seen by Reuters showed. The attack damaged the plant's Integrated Gasification Combined Cycle (IGCC) complex and the tank farm area, the note said, adding that Aramco will tentatively complete repairs and restart the plant by August 15. Aramco did not immediately reply to a Reuters request for [Read more]
Tamarack Valley Energy Announces Strong Q2 Results, Provides Operational Update, Declares Enhanced Q3 Dividend and Makes Executive Appointment
CALGARY, AB, July 28, 2026 /CNW/ -- Tamarack Valley Energy Ltd. is pleased to announce its financial and operating results for the three and six months ended June 30, 2026. Selected financial and operating information should be read with Tamarack's unaudited consolidated interim financial statements and management's discussion and analysis for the three and six months ended June 30, 2026, which are available at www.sedarplus.ca and www.tamarackvalley.ca. Tamarack delivered [Read more]
Bab el-Mandeb shipping rises amid hopes of resolution in US-Iran war
The number of vessels passing through Bab el-Mandeb rose to 28 on Monday, a four-day high, while traffic through the Strait of Hormuz remained low, according to Kpler shipping data, amid optimism about a potential resolution to the U.S.-Iran conflict. Traffic was still below the month's peak of 46 vessels recorded on July 14, the data showed. U.S. President Donald Trump said on Monday that Washington's negotiations with Iran were progressing and could lead to a resolution, but warned that [Read more]
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