Headlines

Taiwan has agreed to buy 30% of the gas from a pipeline project in Alaska, US President Donald Trump told a rally in the state on Tuesday. The terms of the deal were not immediately clear. Last year, Taiwanese state energy firm CPC Corp signed an agreement with Alaska Gasline Development Corp to buy liquefied natural gas and invest in the pipeline project. At the time, Taiwan's President Lai Ching-te said the investment would ensure the island's energy security. (Reporting by Gram [Read more]

Iran is deploying new tactics to target ships sailing through the Strait of Hormuz as it seeks to keep oil prices high and influence the US midterm elections, two senior Iranian officials told Reuters. Tehran has tried to exert control over the Strait of Hormuz since the US and Israel launched strikes against Iran on February 28. It has restricted passage through the waterway, which carried about a fifth of global oil and liquefied natural gas trade before the war, in an effort to gain [Read more]

The discount on Western Canada Select (WCS) crude oil to North American benchmark West Texas Intermediate futures held largely steady on Tuesday. WCS for November delivery in Hardisty, Alberta, settled at $25.50 a barrel below the US benchmark WTI, according to brokerage CalRock, compared with $25.55 on Friday. The discount remains more than $10 wider than it was at this point in last month's trading cycle and is wider than it has been since 2023. * High freight rates have sharply cut [Read more]

  Largest project in company's history will power Alberta's future, strengthen economic growth and support thousands of jobs CALGARY, AB, Oct. 13, 2026 /CNW/ -- Canadian Utilities Limited (TSX: CU) Canadian Utilities leadership gathered with government officials, Indigenous leaders and industry representatives today to celebrate the groundbreaking of the Yellowhead Pipeline, a major infrastructure project that will help meet Alberta's growing energy demands and support [Read more]