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Shell targets year-end decision on LNG Canada Phase 2

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Shell is targeting a final investment decision on LNG Canada Phase 2 by the end of this year, its CEO said on Thursday. Shell is pursuing an expansion of LNG Canada, as it seeks to grow its LNG portfolio and capitalize on rising global demand for the fuel. The first phase of the project, which began operations in June 2025, has a capacity of 14 million metric tons per year, and its proposed expansion would double that. (Reporting by Stephanie Kelly and Shadia Nasralla; Editing by Susan Fenton) [Read more]

TC Energy tops quarterly profit estimates, approves C$700 million in pipeline expansion projects

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TC Energy on Thursday beat second-quarter profit estimates and approved pipeline expansion projects worth about C$700 million ($498.36 million) across North America, including two U.S. projects aimed at meeting the rising demand from power generation. Surging electricity consumption, particularly from AI-driven data centres, has been boosting demand for natural gas-fired power plants, prompting pipeline operators such as TC Energy to invest in capacity expansions. The Canadian pipeline [Read more]

Shell plc publishes second quarter 2026 press release

July 30, 2026 02:01 ET  | Source: Shell plc London, July 30, 2026  "Shell's operational performance enabled very strong results during another quarter of severe disruption in global energy markets, as we worked hard to provide critical energy supplies and products to our customers. Consistent with our strategy, we remain disciplined in our capital allocation, divesting non-core assets and investing in higher-quality growth opportunities, including the announced [Read more]

TC Energy reports strong second quarter 2026 operating and financial results

Solid execution and asset performance support higher end of 2026 financial outlook $0.7 billion of new growth projects sanctioned in second quarter, totaling approximately $3 billion of low-risk, accretive growth projects announced in 2026 CALGARY, Alberta, July 30, 2026 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) released its second quarter results today. François Poirier, TC Energy’s President and Chief Executive Officer commented, "Driven by safe [Read more]

Athabasca Oil Reports 2026 Second Quarter Results Highlighted by Leismer Expansion Milestones and Advancement of Corner Phase 1

CALGARY, Alberta, July 29, 2026 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) reported second quarter results highlighted by continued execution of its funded growth strategy. The Company advanced the Leismer expansion and commenced the staged start-up of the next growth well pairs. Corner development activities are progressing as planned, with project sanction expected following confirmation of details under the Government of Alberta’s new fiscal [Read more]

Obsidian Energy Announces Second Quarter 2026 Results

Calgary, Alberta--(Newsfile Corp. - July 30, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("ObsidianEnergy", the "Company", "we", "us" or "our") is pleased to report our operating and financial results for the second quarter of 2026 (all amounts are in Canadian dollars unless otherwise noted). Highlights: Average production of 28,200 boe/d in the second quarter, generated $67.8 million of funds flow from operations: $73.6 million adjusted funds flow from operations [Read more]

AltaGas reports record second quarter results

  Strong Year-to-Date Performance Drives 2026 Guidance Increase CALGARY, AB, July 30, 2026 /CNW/ -- AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) reported second quarter 2026 financial results and provides an update on its 2026 guidance, operations, growth initiatives and corporate developments. Second Quarter Highlights (all financial figures are unaudited and in Canadian dollars unless otherwise noted) Financial Highlights Normalized EBITDA1 was $391 [Read more]

Spartan Delta Corp. Announces Second Quarter 2026 Results, Increased 2026 Guidance, and Operations Update

CALGARY, AB, July 29, 2026 /CNW/ -- Spartan Delta Corp. ("Spartan" or the "Company") (TSX: SDE) is pleased to report its unaudited financial and operating results for the three and six months ended June 30, 2026, and an increase to its 2026 guidance. Selected financial and operational information is set out below and should be read in conjunction with Spartan's unaudited interim financial statements and related management's discussion and analysis ("MD&A") for the three and six [Read more]

Vermilion Energy Inc. Reports Q2 2026 Results, Increases Annual Production Guidance and Enhances Return of Capital Framework

  CALGARY, AB, July 29, 2026 /CNW/ -- Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to report operating and condensed financial results for the three and six months ended June 30, 2026. The unaudited interim financial statements and management discussion and analysis for the three and six months ended June 30, 2026 will be available on the System for Electronic Document Analysis and Retrieval Plus ("SEDAR+") at [Read more]

Saturn Oil & Gas Inc. Increases 2026 Guidance Following Continued Operational Outperformance, Successful Tuck-In Acquisition Activity and Senior Notes Refinancing

Increased average annual production estimate by ~10% to 43,000 to 44,000 boe/d, with target 2026 exit volumes between 48,000 and 50,000 boe/d Expanded development capital budget to $355 to $375 million that draws on our deep and growing inventory, focused on maximizing capital efficiencies and targeting opportunities with short full-cycle times and attractive return potential Grow forecast adjusted funds flow by ~60% to between $535 and $570 million ($2.95 to $3.15/share) Free funds [Read more]