CALGARY, March 30, 2026 /CNW/ - Ensign Energy Services Inc. ("Ensign" or "the Company") is pleased to announce the mailing and filing of proxy materials for the Annual General Meeting being held on May 6, 2026 at 3:00 p.m. (Mountain Standard Time) at the Calgary Petroleum Club, 319 – 5th Avenue S.W., Calgary Alberta. The deadline for receipt of proxies from those shareholders who cannot attend the meeting is 3:00 p.m. (Mountain Standard Time) on Monday, May 4, 2026. The annual [Read more]
Headlines
Kuwait says an oil tanker hit in Iranian attack at Dubai port, warns of possible oil spill
Kuwait Petroleum Corporation said a giant Kuwaiti crude oil tanker, Al Salmi, was directly targeted in what it described as an Iranian attack while anchored at Dubai port in the United Arab Emirates, causing damage to the vessel and a fire onboard, the state news agency KUNA said on Tuesday. The corporation said the tanker was fully loaded at the time of the incident and warned of a possible oil spill in surrounding waters, adding no casualties were reported and an assessment of the damage was [Read more]
Planned LNG plant in Alaska seeks equipment from sanctioned Russia firm
The head of Polar LNG, a company that plans to build a liquefied natural gas plant on Alaska's North Slope, said his company is hoping to buy discounted equipment from a Russian project on which Washington has imposed sanctions. Polar LNG launched on Monday. Joel Riddle, its president and CEO, in an interview said the company wants to make a final investment decision on its plant in mid-2027 and start producing LNG in 2029 or 2030. * Polar LNG is hoping to get approval from the U.S. Office [Read more]
Projectile strike set tanker ablaze near Strait of Hormuz, crew safe, UKMTO says
A tanker ship caught fire near the Strait of Hormuz after a strike by an unknown projectile, United Kingdom Maritime Trade Operations said on Monday. The tanker was 31 nautical miles (57.4 km) northwest of Dubai when the projectile hit the tanker on its starboard side, UKMTO said, citing a report at 2020 UTC from the vessel's company security officer. The crew was safe and accounted for and no environmental impact was reported, UKMTO said. Commercial vessels have come under attack from [Read more]
Lycos Energy Inc. Announces Closing of Business Combination with Mahikan Oil Corp. and Equity Financing
Calgary, Alberta--(Newsfile Corp. - March 30, 2026) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to announce the successful closing today of its previously announced strategic business combination with Mahikan Oil Corporation ("Mahikan") (the "Transaction") and fully-subscribed equity financing (the "Offering"). Closing of Strategic Business Combination Lycos has acquired all the issued and outstanding common shares of Mahikan in an all-share transaction. Under [Read more]
PrairieSky Royalty Announces Conference Call for Q1 2026 Results
CALGARY, Alberta, March 30, 2026 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. ("PrairieSky") will release its Q1 2026 results on Monday, April 20, 2026 after markets close. The news release detailing PrairieSky’s Q1 2026 results will provide operating and financial information. Financial statements along with management’s discussion and analysis will be available on PrairieSky’s website at www.prairiesky.com and on SEDAR+ at www.sedarplus.ca. A conference call to discuss the results will be [Read more]
B.C. union calls for full-time work-from-home due to spiking gas prices
BURNABY - The BC General Employees' Union is asking for provincially regulated employees to be allowed to work from home full-time due to high fuel prices. The union that represents 35,000 public service workers among more than 95,000 members says in a statement that the temporary allowance would "help alleviate" the burden facing members due to gas prices that have surged amid the Iran war. The union also says the province should look at ways to "provide temporary relief" for workers who must [Read more]
Exxon and QatarEnergy’s joint venture Golden Pass produces first LNG at new Texas facility
Golden Pass LNG, a joint venture between QatarEnergy and Exxon Mobil, has produced its first liquefied natural gas at its new facility in Texas, the company said on Monday, a major step toward bringing one of the largest U.S. export projects online. The plant is expected to export its first cargo in the second quarter, Exxon said on Monday. Global gas supplies have been squeezed as the war in the Middle East disrupted output in Qatar, one of the world’s biggest LNG suppliers. “Today, we [Read more]
Japan asks G7 to prepare more measures to stabilise energy markets
Japan called on the Group of Seven wealthy nations and the International Energy Agency to be ready to take further flexible measures to stabilise energy markets if the Iran war drags on, its industry minister said on Monday. Those actions could include additional coordinated oil stockpile releases at an appropriate time, Ryosei Akazawa told reporters after attending an online meeting with G7 finance ministers, energy ministers and central bank governors. "In Asia, soaring (energy) prices and [Read more]
Keyera says deal for Plains assets taking longer than expected
CALGARY - Keyera Corp. says its deal to buy the Canadian natural gas liquids business of U.S. firm Plains is taking longer than expected. The company says the deal continues to advance through the regulatory process, but it's no longer expected to close by around the end of the first quarter of this year. Keyera says it's now working toward closing the transaction in May, based on the current status of the regulatory process. Keyera chief executive Dean Setoguchi says the company [Read more]
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