Calgary, Alberta--(Newsfile Corp. - October 3, 2025) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") has declared a regular monthly dividend of $0.00125 per common share to be paid October 31, 2025, to shareholders of record on October 15, 2025. This dividend and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice. About Pine Cliff Pine Cliff is a natural gas and crude oil company [Read more]
Headlines
MEG Shareholders Set to Vote on Critical Decision – Cenovus vs. Strathcona vs. Going it Alone
The contest for MEG Energy is entering its final stages, with two competing bids on the table and shareholders set to vote in October. The upcoming votes will determine whether MEG is acquired by Cenovus, taken over by Strathcona, or remains independent. Key Dates Ahead Several important dates now define the timeline: October 7: Proxy voting deadline for MEG shareholders on the Cenovus arrangement. October 9: Special shareholder meeting to vote on Cenovus’s bid. [Read more]
Fiddlehead Resources Announces Management Change
News provided by Fiddlehead Resources Corp. Oct 02, 2025, 19:00 ET /THIS NEWS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ CALGARY, AB, Oct. 2, 2025 /CNW/ - Fiddlehead Resources Corp. ("Fiddlehead", or the "Company") (TSXV: FHR) announces that Mr. Ying Yuen has retired from his role as Chief Financial Officer ("CFO") of the Company. The Board of Directors expresses its [Read more]
Oil on track for steepest weekly plunge in 3-1/2 months
Oil prices rose slightly on Friday after four straight sessions of declines but were on track for their steepest weekly decline since late June due to market expectations that the OPEC+ group could hike output further despite oversupply concerns. Brent crude futures gained 18 cents, or 0.3%, to $64.29 a barrel by 0000 GMT. U.S. West Texas Intermediate crude climbed by 19 cents, or 0.3%, to $60.67 a barrel. If prices do not further recover in this session, Brent could close at the lowest [Read more]
Goldman Sachs maintains Nov-Dec Henry Hub gas price forecast at $4.00/mmBtu
Goldman Sachs has kept its forecast for Henry Hub gas prices unchanged, with November–December delivery contracts seen at $4.00 per million British thermal units (mmBtu) and 2026 prices seen at $4.60 per mmBtu, the bank said in a note on Thursday. "We believe we are quickly approaching a period when the market’s focus will more sustainably shift towards 2026 tightness concerns," the bank noted. (Reporting by Anjana Anil in Bengaluru; Editing by Muralikumar Anantharaman) [Read more]
Occidental CEO says chemical divestiture will improve core oil, gas business
Occidental Petroleum will be in a better position to invest in its core oil and gas business after divesting a chemicals unit and will be able to replace the lost cash flow from the division in about two and a half years, CEO Vicki Hollub told Reuters in an interview on Thursday. After announcing earlier in the day that it would sell its OxyChem unit to Warren Buffett's Berkshire Hathaway for $9.7 billion and use the funds to pay off debt, Occidental's shares dropped more than 7% as some [Read more]
Shell-led LNG Canada prepares to start Train 2
Shell-led LNG Canada has begun the process of starting up its second 6.5 million tonnes per annum (mtpa) liquefied natural gas processing unit known as Train 2 in Kitimat, British Columbia, a company spokesperson told Reuters on Thursday. The startup of Train 2, however, is happening as the company continues to experience technical problems at Train 1, according to two people with knowledge of its operations. The train was reported by sources to have technical issues in July, a month after it [Read more]
Discount on Western Canada Select narrows
The discount on Western Canada Select to North American benchmark West Texas Intermediate futures narrowed on Thursday. WCS for November delivery in Hardisty, Alberta, settled at $11 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared to Wednesday's close of $11.10. * A spokesperson for Canadian pipeline operator Enbridge said Thursday the company's Mainline system — which transports oil from Alberta to various markets in Canada and the U.S. — is not at [Read more]
Alberta and Canada are 80% aligned on potential pipeline proposal, Premier says
Canada and Alberta are not far apart on the terms of a bargain that would create the conditions for a new oil export pipeline to be built in the province in exchange for certain environmental commitments, Premier Danielle Smith told Reuters on Thursday. Smith on Wednesday announced plans for Canada's main oil-producing province to take the lead on early planning for a pipeline. "We're about 80% in agreement on most of the aspects," Smith said in an interview. "The fact of the matter is, [Read more]
US public power sector weighs risks and rewards of data center customers
U.S. public power utilities are seeing explosive electricity demand from data centers, with some requests exceeding the total energy currently used by all of their customers combined, CEOs and investors in the not-for-profit power sector said this week. Big Tech’s data center power demand has created an opportunity to grow revenues and investments in the country’s long-stagnant power industry, but the record build-out of energy-intensive server warehouses comes with fresh risks, market [Read more]
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