‘When Nations are owners and not only hosts, we can build generational prosperity’ The Coastal GasLink pipeline went into commercial service in October 2024. It supplies natural gas to the LNG Canada export terminal at Kitimat, B.C. Photo courtesy Coastal GasLink Published on October 25, 2026 Author Name: Will Gibson Category Indigenous Opportunity, Natural Gas Haisla Nation elected Chief Councillor Maureen Nyce says a new ownership agreement in [Read more]
Headlines
Only firm approved to explore for N.S. offshore oil and gas misses deposit deadline
HALIFAX - Nova Scotia’s premier says the only company with rights to explore for offshore oil and gas in the province missed Monday's deposit deadline. Tim Houston said in a social media post Monday that U.K.-based Inceptio Oil and Gas would not be able to put $50 million down as required. In April, regulators approved a $210-million exploration bid from the company, led by Nova Scotian James Edens. Inceptio still required an exploration licence before it could begin activities such as [Read more]
Highwood Asset Management Ltd. announces operational update: Spruce Lake SAGD update, current production, and three-well drilling program
/NOT FOR DISSEMINATION IN THE U.S. OR THROUGH U.S. NEWSWIRES/ CALGARY, AB, Oct. 27, 2026 /CNW/ -- Highwood Asset Management Ltd. ("Highwood" or the "Company") (TSXV: HAM) is pleased to provide an operational update. Following the sale of Wilson Creek, Highwood is a focused, oil-weighted company with a strong balance sheet, an active three-well drilling program in eastern Alberta Pekisko and Mannville stack formations, an expanding waterflood at our core Brazeau asset and an emerging [Read more]
Enerflex Ltd. Announces Appointment of New Independent Directors
CALGARY, Alberta, Oct. 27, 2026 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) announces the appointment of Mr. David Primrose and Ms. Mary Zappone to its Board of Directors (the “Board”), effective today. Mr. Primrose has also been appointed as a member of the Audit Committee. These appointments follow the recent retirement of Fernando Assing from its Board of Directors and on-going normal course board refreshment. Kevin Reinhart, Enerflex’s Board [Read more]
Canada takes a page from the Saudi oil playbook: Bousso
After years of debating how quickly to reduce its dependence on fossil fuels, Canada is now looking for ways to produce and export more of them. The shift is being driven by two geopolitical shocks, both courtesy of US President Donald Trump. First, there’s the tariff war kicked off at the beginning of Trump’s second term, which exposed the risks of overreliance on any one trading partner. Then there’s the US war with Iran, which reminded energy importers of the dangers of depending too [Read more]
Saudi-led coalition says it intercepted Houthi missiles, drones attacking kingdom
The Saudi-led coalition in Yemen said on Tuesday it intercepted and destroyed ballistic missiles and drones launched by the Houthis towards two regions of Saudi Arabia, as the conflict between the kingdom and the Iran-aligned group intensifies. The Houthis launched three ballistic missiles towards Saudi Arabia's Eastern Region, and four drones towards the country's Southern Region, the coalition said. Saudi Civil Defense issued early warning alerts for a potential hostile threat in the [Read more]
Oil eases on Middle East diplomacy hopes, Saudi attacks keep supply worries alive
Oil prices edged lower on Tuesday as the potential for a resolution in the US-Israeli war on Iran kept supply fears at bay, but Brent stayed close to six-month highs as attacks on Saudi Arabia lowered hopes of immediate stability in the region. Brent crude futures were down 66 cents, or 0.57%, at $115.15 a barrel as of 0000 GMT, while US West Texas Intermediate crude was down 44 cents, or 0.43%, at $101.32. Saudi Arabia, Turkey and Pakistan held talks with Iranian officials in Tehran on [Read more]
AI gloom revives the specter of stagflation: McGeever
AI skittishness has put the brakes on Wall Street's rally, resuscitating demand for US Treasuries as investors seek to protect portfolios, even as surging energy prices stoke inflation. This could put the Federal Reserve in an unenviable stagflationary bind. For most of this year, the US bond market has been slammed by an inflation-inducing barrage of soaring energy prices, fiscal fears, and the AI boom. Two of those forces remain very much in play, yet bond yields are no longer on a one-way [Read more]
Average price of gasoline during Trump’s term now exceeds Biden’s, as midterms loom
Americans have paid more for their gasoline and diesel at the pump on average during President Donald Trump's second term than they did under his Democratic predecessor, Joe Biden, according to the AAA. Surging fuel prices are a major thorn in Trump's side as midterm elections loom and the Republican Party looks to defend narrow majorities in both legislative chambers on November 3. The price of a gallon of regular gasoline has averaged $3.472 since Trump took office almost two years ago, [Read more]
Prairie Provident Resources Announces Creditor-Led Proceedings under Companies’ Creditors Arrangement Act
CALGARY, Alberta, Oct. 26, 2026 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. (the "Company") (TSX: PPR) announces that its senior secured lenders, The Prudential Insurance Company of America and Prudential Legacy Insurance Company of New Jersey (collectively, "Prudential"), have served on the Company an application to the Court of King's Bench of Alberta (the "Court") for an initial order (the "Initial Order") under the Companies' Creditors Arrangement Act (Canada) (the "CCAA") [Read more]
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