Headlines

 Drone as a Service enters into a global oil and gas drone inspection services market growing at 28% per year as Company achieves stated interim goal from January 2025 Vancouver, British Columbia, (July 16th, 2026) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces that it has completed the acquisition of [Read more]

Magnolia Oil & Gas said on Monday it had agreed to acquire WildFire Energy for about $4.06 billion, including debt, to expand its position in the Giddings field in South Texas. The deal includes about 810,000 net acres in Giddings, more than doubling Magnolia's position there to over 1.25 million net acres, strengthening its position across the Austin Chalk, Eagle Ford and Woodbine formations. The acquisition also includes a sand mine that supplies about 80% of Magnolia's annual sand [Read more]

  CALGARY, AB, July 20, 2026 /CNW/ -- Canadian Utilities Limited (TSX: CU) Alberta Utilities Commission approves the construction and operation of the facilities for the Yellowhead Pipeline Project; construction is set to begin immediately. ATCO is leading energy infrastructure investment, furthering resource accessibility and economic opportunity in Alberta. With an estimated investment of $2.9 billion, the natural gas pipeline project is expected to create [Read more]

  CALGARY, AB, July 20, 2026 /CNW/ -- ATCO Ltd. (TSX: ACO.X) Alberta Utilities Commission approves the construction and operation of the facilities for the Yellowhead Pipeline Project; construction is set to begin immediately. ATCO is leading energy infrastructure investment, furthering resource accessibility and economic opportunity in Alberta. With an estimated investment of $2.9 billion, the natural gas pipeline project is expected to create approximately 2,000 direct [Read more]

Congestion on the U.S. electricity grid is becoming an increasingly costly bottleneck, driving up power prices, delaying new generation projects and undermining reliability. Yet the electricity industry's attention remains focused largely on generation, with politicians debating solar panels, natural gas turbines and nuclear reactors while utilities tout billions of dollars of planned investments. PJM Interconnection, the largest U.S. power market that spans 13 states, offers a stark [Read more]

A vessel was struck by an unknown projectile 8 nautical miles (14.8 km) northwest of Oman's Kumzar, overlooking the Strait of Hormuz, the United Kingdom Maritime Trade Operations agency said, adding that the vessel is currently adrift. The crew safely abandoned the vessel and have been recovered by a tug boat, UKMTO said after reporting earlier that the vessel was on fire. The fire has not been extinguished, but no environmental impact was reported, UKMTO said. On Monday morning, Iran's [Read more]

If there is a surprise to China's response to the Iran conflict, it's not that the world's biggest crude importer cut back on oil imports and refinery processing, it's the extent to which it did. China has a strong track record of lowering crude imports in response to higher prices and boosting arrivals when they decline. But the collapse in imports to the lowest in nearly 10 years in June was dramatic, especially given that even though crude prices did surge in the weeks after the U.S. [Read more]

The Islamic Revolutionary Guard Corps said on Monday that two oil tankers had exploded and been immobilised after attempting to transit what it described as an unsafe southern route through the Strait of Hormuz, alleging they had been encouraged by the U.S. military to use the passage. Reuters could not immediately verify the incident. The statement gave no details on the vessels' names, flags, crews or any casualties. The Guards said the waterway would remain unsafe as long as what it [Read more]

Oil prices jumped 3% on Monday, with Brent surpassing $90 a barrel, as the United States and Iran expanded attacks in the Middle East that have curbed energy shipments in the Strait of Hormuz. Brent crude futures climbed $2.69, or 3.05%, to $90.79 by 2343 GMT, touching the highest since June 11, extending gains after rising 15.9% last week, its biggest weekly gain since April. U.S. West Texas Intermediate crude was at $84.68 a barrel, up $2.19, or 2.65%, the loftiest since June 12. [Read more]