CALGARY - The Alberta government is poised to make an announcement about its plans for a new West Coast oil pipeline later this week. Sam Blackett, press secretary to Premier Danielle Smith, says there will be a "major announcement" on Thursday to share new details about the province's submission to the federal major projects office. The major projects office was established a year ago to speed along infrastructure deemed in Canada's national interest. Alberta is acting as a proponent [Read more]
Headlines
Oil set for steepest quarterly loss since 2020 as traders focus on US-Iran talks
Oil prices were heading on Tuesday for their biggest quarterly loss since the COVID-19 pandemic in early 2020, with investors eyeing potential U.S.-Iran talks in Doha amid a strained interim ceasefire in the four-month-old war. Brent August crude futures, which expire on Tuesday, were up 0.21%, or 15 cents, at $73.30 a barrel at 1302 GMT. However, the contract was on track for a third straight monthly decline, down about 20% so far in June. The more actively traded September contract [Read more]
US natgas advances 3% on rising LNG flows, record heat
U.S. natural gas futures climbed about 3% on Tuesday on rising flows to liquefied natural gas (LNG) export plants and forecasts for record power demand in some parts of the country as homes and businesses crank up air conditioners to escape a brutal heat wave. Front-month gas futures for August delivery on the New York Mercantile Exchange rose 10.2 cents, or 3.2%, to $3.283 per million British thermal units. For the month, the front-month was down less than 1% in June after soaring about [Read more]
Iran war and AI boom drive wild ride on global markets
Investors have had to gulp down the motion-sickness tablets this year as the turmoil from the Iran war has clashed with a seemingly unstoppable boom in all things AI and otherworldly. Global stocks are now $7 trillion higher than at the end of 2025, even though the war caused a $9 trillion drop in March, when oil shot to $120 a barrel and hopes of lower interest rates were dashed. South Korea's stock market has surged by 100% and Elon Musk's $2 trillion SpaceX has blasted off, but the [Read more]
Canada/US birthday week – are we getting wiser or just older?
Some birthday season it’s shaping up to be. Canada now has two provinces considering separation, while the US’ coastal regions are now voting in communists and refusing to celebrate 250 because of Trump Derangement Syndrome. Kind of puts a damper on the birthday celebrations. It’s worse than getting a pair of socks. Is it the end of good days, or the beginning of something better? It is easy to see the negative, because holy moly there’s a lot of it, and also because it is thrust into our [Read more]
Paramount Resources Announces Closing of Fox Drilling Sale, Distribution of AKITA Drilling Shares and Successful Startup of Alhambra Expansion
CALGARY, AB, June 30, 2026 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce that it has closed the sale of its Fox Drilling subsidiary to AKITA Drilling Ltd. ("AKITA"). The Company is also pleased to announce that it has successfully started up the second phase expansion of its Alhambra Plant in Willesden Green. FOX DRILLING SALE AND AKITA SHARE DISTRIBUTION Paramount received 19,264,270 voting common shares of AKITA ("AKITA Shares") as [Read more]
Stampede Drilling Inc. announces upfront capital funding and rig mobilization for Greenland operations
CALGARY, AB, June 30, 2026 /CNW/ - Stampede Drilling Inc. ("Stampede" or the "Corporation") (TSXV: SDI) is pleased to announce that it has received upfront capital from its customer, Greenland Energy Company (NASDAQ: GLND) ("Greenland Energy"), in support of its drilling program in East Greenland's Jameson Land Basin. The funding will be applied to capital upgrades to Stampede's rig in preparation for Arctic operations under the Corporation's 5-year term contract. The upfront [Read more]
Shell expects 65% rise in global LNG demand by 2050
Global liquefied natural gas demand is expected to rise by around 65% by 2050, driven largely by Asia as countries seek lower-emission alternatives to coal and data centres boost power demand, Shell said in an annual report on Tuesday. Global demand is likely to reach nearly 700 million metric tons a year by that date, the world's largest trader of the superchilled fuel said in its 2026 LNG Outlook. LNG trade, which reached 422 million tons in 2025, had been set to increase in 2026, it added. [Read more]
Asia’s crude oil imports tick up in June but uncertainty reigns: Russell
Asia's seaborne imports of crude oil lifted slightly in June but stayed near their lowest in more than a decade as the impact of Iran conflict crimped shipments from the Middle East. The top importing region is forecast to receive 20.71 million barrels per day (bpd) in June, up fractionally from May's 20.39 million bpd and nearly 2 million bpd more than the 18.77 million bpd in April, which was the lowest since November 2015, data from commodity analysts Kpler shows. However, despite the [Read more]
New PPF report offers practical playbook to move Canada’s LNG projects from concept to concrete action
OTTAWA, ON, June 30, 2026 /CNW/ - Public Policy Forum (PPF) today released an independent policy report that argues Canada can strengthen its economic security, diversify export markets, support Indigenous economic participation, contribute to global emissions reductions and environmental protection, and become a more reliable global energy partner. The momentum seems to be there, but momentum alone won't put shovels in the ground; concrete actions will. "Unlocking an [Read more]
- « Previous Page
- 1
- …
- 15
- 16
- 17
- 18
- 19
- …
- 3764
- Next Page »