Wednesday closed the books on an extraordinary quarter. A 40% rebound in Brent crude oil, record-high diesel prices, bond yields at 20-year highs and AI's threat to wipe out humanity gave investors no shortage of reasons to retrench. Yet faced with that formidable wall of worry, US and world stocks still scaled fresh record highs. Equities weren't exactly booming. The S&P 500 rose only 2%. But considering the dismal backdrop and the fact that the third quarter followed the strongest [Read more]
Headlines
MidOcean Concludes 2026 Equity Raise, Securing More Than $4 Billion of Equity Commitments to Accelerate Global LNG Growth Strategy
LONDON & WASHINGTON--(BUSINESS WIRE)--MidOcean Energy ("MidOcean" or the "Company"), a liquefied natural gas (LNG) company formed and managed by EIG, today announced the conclusion of its 2026 equity capital raise, securing more than $4 billion of closed and pending commitments over the last 12 months from new strategic and institutional investors, as well as significant re-ups from existing investors. The capital committed significantly exceeded the Company's original target of $2 billion, [Read more]
Trican Well Service Ltd. Announces Third Quarter 2026 Conference Call
Calgary, Alberta--(Newsfile Corp. - October 1, 2026) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") intends to release its Third Quarter 2026 results on Tuesday, October 27, 2026 after the close of the market. The Company will host a conference call on Wednesday October 28, 2026 at 10:00 a.m. MT (12:00 p.m. ET) to discuss its results for the Third Quarter 2026. To listen to the webcast of the conference call, please enter the following URL in your web browser: [Read more]
Your Benefits Package Was Built for an Office. Half Your Workforce Works in the Field.
With energy employers competing for experienced field talent, they may be overlooking one of their most important retention tools: benefits designed around how their people actually live and work. Energy companies run on people working in very different settings: head offices, regional operations centres, remote sites and camps. For those in the field, that can mean 12-hour shifts, two weeks in camp, a rotational schedule or being hundreds of kilometres from family. Yet employees [Read more]
Carney expected to announce decision on pipeline’s national interest designation
OTTAWA - Prime Minister Mark Carney is expected to announce Thursday that an oil pipeline to the West Coast will be designated as a project of national interest under the Building Canada Act. Carney is scheduled to be in Fort McMurray, Alta., with Alberta Premier Danielle Smith to deliver the news. It would be the first project to receive the designation since Ottawa passed Bill C-5 more than a year ago. The act gives Ottawa the power to issue special conditions for projects covering a [Read more]
InPlay Oil Corp. Confirms Monthly Dividend for October 2026
CALGARY, AB, Oct. 1, 2026 /CNW/ -- InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") is pleased to confirm that its Board of Directors has declared a monthly cash dividend of $0.09 per common share payable on October 30, 2026, to shareholders of record at the close of business on October 15, 2026. The monthly cash dividend is expected to be designated as an "eligible dividend" for Canadian federal and provincial income tax purposes. About InPlay Oil Corp. InPlay is a [Read more]
Paramount Resources Ltd. Announces October Dividend
CALGARY, AB, Oct. 1, 2026 /CNW/ -- Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce that its Board of Directors has declared a cash dividend of $0.05 per common share that will be payable on October 30, 2026 to shareholders of record on October 15, 2026. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. ABOUT PARAMOUNT Paramount is an independent, publicly traded Canadian energy company that [Read more]
Ovintiv Renews Annual Share Buy-Back Program
Company Receives TSX Approval for Renewal of Normal Course Issuer Bid DENVER, Oct. 1, 2026 /PRNewswire/ -- Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced it has received regulatory approvals for the renewal of its share buy-back program. This action is consistent with Ovintiv's capital allocation framework, which commits to returning 50% to 100% of annual Non-GAAP Free Cash Flow to shareholders via the combination of base dividend payments and share buybacks. For 2026, Ovintiv has [Read more]
Enerflex Ltd. Announces Contract Award for Large-Scale Data Center Development
CALGARY, Alberta, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today announces the award of a major Engineered Systems (“ES”) project. The Company has been contracted to design, engineer, fabricate, and assemble approximately 450 megawatts of behind-the-meter natural gas-fired power generation units for a North American data center developer. The project will be executed through Enerflex's North American manufacturing operations with [Read more]
Global bonds gripped by fresh selling, US 10-year yield hits 24-year high
Global bonds were engulfed by heavy selling again on Thursday, with borrowing costs for governments from the US to France and Japan surging to levels not seen in decades and stocks shaken as the turmoil began to spill into broader markets. The 10-year US Treasury yield, a yardstick for global borrowing costs and asset prices, rose to 5.34%, its highest since 2002, having posted its biggest quarterly rise this century in the three months to September. The relentless rise in yields, which [Read more]
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