Bank of America said that a full reopening of the Strait of Hormuz could see Brent crude prices average $82 a barrel this year, compared with its previous forecast of $93 a barrel. The note dated Wednesday added that Brent would likely trade in the $70 to $80 range for most of the second half of this year. * On Thursday, oil prices fell to their lowest since the first trading day of the Iran war, as a U.S.-Iran interim deal to end the conflict, reopen the Strait of Hormuz and ease [Read more]
Headlines
From AI Pilot to Production in Weeks: Join the Conversation
As operational complexity increases, Canadian oil and gas companies are turning to AI to support faster, more informed decisions in the field and across asset networks. The emphasis is on practical application - using AI to reduce unplanned downtime, improve execution consistency, and support frontline teams where work actually happens. Join IFS and industry leaders in Calgary for a focused lunch discussion on how AI is being applied in operational environments today. Seats are filling [Read more]
Why a New Generation of Junior Producers Is Emerging in Western Canada
Those who have participated in oil & gas capital markets in Western Canada over the decades know the cycle well: boom and bust, consolidation and rebirth. While consolidation gets all of the front page headlines these days, and rightly so, the "rebirth" phase is already quietly underway for those paying close attention. Several industry sources have indicated that anywhere between 25-65 new management teams are out there in various stages of securing financing, evaluating opportunities, [Read more]
Ukraine brings the war to Moscow as huge blasts shake refinery
The blast was so powerful that the huge disc-shaped lid of an oil storage tank was launched into the sky over Moscow like a frisbee. Evading Russian air defences, Ukrainian drones struck an oil refinery in southeast Moscow on Thursday for the second time in three days, igniting a fierce blaze that spewed out clouds of black smoke. The attacks are part of a wider Ukrainian campaign to cripple the oil industry whose revenues finance Russia's war effort. But by striking with apparent [Read more]
Trican Well Service Ltd. Announces Appointment of Kiren K. Singh to the Board of Directors
Calgary, Alberta--(Newsfile Corp. - June 18, 2026) - Trican Well Service Ltd. (TSX: TCW) ("Trican") is pleased to announce the appointment of Kiren K. Singh to its Board of Directors, effective June 18, 2026. Ms. Singh will also serve as a member of the Board's Audit Committee and Corporate Governance Committee. Ms. Singh currently sits on the board of Cavvy Energy Ltd., where she chairs the Audit and Risk Committee; and Alberta Cancer Foundation (Audit and Risk Committee and Venture [Read more]
Gulf exporters’ quest to bypass Hormuz will reshape the region: Bousso
Middle East oil producers face a reckoning. The Iran war exposed the dangers of relying on a single chokepoint for vital oil and gas exports, leaving Gulf governments with a clear strategic imperative: diversify – at all costs. An Iranian blockade of the Strait of Hormuz had long been viewed as a “Doomsday” event that would never happen. Experts assumed it would require a massive military effort and that Tehran would be reluctant to choke off its own exports. Those assumptions were proven [Read more]
Three Saudi-flagged supertankers sail through Hormuz after Iran deal signed, data shows
Three Saudi-flagged supertankers with six million barrels of crude onboard sailed through the Strait of Hormuz hours after U.S. President Donald Trump signed a deal with Iran over an end to their war, ship tracking data showed on Thursday. Other tankers showed their positions sailing through the strait on public ship tracking on Thursday after weeks of ships concealing their voyages when crossing through the waterway. The sailings from Saudi ports were the biggest departures through the [Read more]
Oil slips again as US, Iran sign peace deal
Oil prices fell in early trading on Thursday after the U.S. and Iran signed an interim agreement that would end the Iran war, reopen the Strait of Hormuz and waive U.S. sanctions on Tehran's oil, resolving the largest energy supply disruption in history. Brent crude futures were down 89 cents, or 1.12%, at $78.66 a barrel as of 0005 GMT, and U.S. West Texas Intermediate fell 98 cents, or 1.28%, to $75.81 a barrel. The benchmarks resumed their decline, reversing gains made on Wednesday [Read more]
Canada’s Keyera buys remaining 50% stake in KAPS pipeline for $861 million
Canada's Keyera Corp said on Wednesday it has acquired the remaining 50% stake in the KAPS natural gas liquids pipeline from Stonepeak for C$1.215 billion ($860.97 million), taking full ownership of the system. The company expects about C$100 million in incremental growth capital in 2026, above its previously disclosed outlook of C$550 million to C$625 million, to fund its increased share of remaining construction costs for the Zone 4 expansion. The deal was financed through existing [Read more]
Keyera Announces $525 Million Bought-Deal Offering of Common Shares
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ The base shelf prospectus is accessible, and the prospectus supplement will be accessible, within two business days on SEDAR+ CALGARY, AB, June 17, 2026 /CNW/ - Keyera Corp. ("Keyera" or the "Company") (TSX: KEY) today announced that it has entered into an agreement with a syndicate of underwriters (the "Underwriters") led by RBC Capital Markets and TD Securities Inc., as joint bookrunners under which [Read more]
- « Previous Page
- 1
- …
- 38
- 39
- 40
- 41
- 42
- …
- 3772
- Next Page »