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Alaska LNG could cost more than double Gulf Coast rivals, raising questions over economics

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US President Donald Trump's push to steer $54 billion of South Korean investment into Alaska LNG is putting a fresh focus on a 20 million-ton-a-year export project that would cost more than twice as much as a comparable US Gulf Coast plant. Trump unveiled the plan on Wednesday as part of a broader $200 billion South Korean package. Seoul quickly said it had not yet decided whether to fund Alaska LNG and would first review the project's commercial viability. "The question is whether Asian [Read more]

Petrus Resources Declares Monthly Dividend for October 2026

CALGARY, Alberta, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to confirm that its Board of Directors has declared a monthly dividend in the amount of $0.01 per share payable October 30, 2026, to shareholders of record on October 15, 2026. The dividend is designated as an eligible dividend for Canadian income tax purposes. Dividend Reinvestment Plan ("DRIP") Petrus' DRIP enables eligible shareholders to reinvest all or part of [Read more]

B.C.’s Eby promises relief at gas pumps, while Conservative Doerkson praises pipeline

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VICTORIA - Promises to lower the cost of gasoline from B.C. New Democrat Leader David Eby, and praise for a planned pipeline from Conservative interim leader Lorne Doerkson fuelled British Columbia's snap election campaign on Thursday. Eby's platform for relief at the gas pumps comes in two parts: a temporary reduction of the provincial motor fuel tax by 10 cents per litre on both gasoline and diesel, and a permanent "price guard" to regulate the price at the pumps. The leader said the [Read more]

ConocoPhillips signs 20-year LNG deal with Venture Global

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Venture Global and ConocoPhillips said on Thursday they had signed a 20-year liquefied natural gas (LNG) supply agreement under which ConocoPhillips will buy 1 million tonnes a year of LNG starting in 2030. The deal comes as ConocoPhillips looks to bolster its LNG portfolio while challenges stemming from the Iran conflict have affected QatarEnergy's LNG operations and expansion projects in which ConocoPhillips holds interests. Here are more details: * Under the agreement, ConocoPhillips [Read more]

CAPP Statement on West Coast Oil Pipeline National Interest Designation: Growing Oil Exports Will Help Secure our Economic Sovereignty 

"The Canadian Association of Petroleum Producers (CAPP) welcomes the federal government's decision to designate the West Coast pipeline project known as Pacific Link as being in the national interest. This is a significant milestone that recognizes the importance of energy infrastructure to Canada's economic growth, energy security and long-term prosperity. As domestic and global demand for secure and responsibly produced energy continues to grow, Canada has a tremendous opportunity to [Read more]

A timeline for Pacific Link, the ‘national interest’ Alberta-B.C. pipeline plan

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CALGARY - A new million-barrel-per-day oilsands pipeline to the West Coast is the first to be deemed a project of national interest — a key step if the proposal is to advance. Prime Minister Mark Carney and Alberta Premier Danielle Smith announced the designation in the oilsands hub of Fort McMurray, Alta., on Thursday. Smith has been pushing for the new pipeline because it would enable Alberta producers to access lucrative Asian markets and spur production growth in the oilsands. Here is [Read more]

Project of national interest listing: Premier Smith

Premier Danielle Smith issued the following statement on the listing of the proposed oil pipeline to the west coast, now called Pacific Link, as a project of national interest: On this page: Key facts: Multimedia “Today marks a significant victory for Alberta’s and Canada’s energy future. The listing of Pacific Link as a project of national interest under the Building Canada Act is an important step toward strengthening our economy, enhancing energy security [Read more]

Pacific Link Listed as a Project of National Interest

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA), along with the Governments of Alberta and Canada, and Trans Mountain Corporation, today marked a key milestone on the West Coast Oil Pipeline, now called Pacific Link (the "Project"), following its listing by the Government of Canada as a Project of National Interest ("PONI") under the Building Canada Act. The proposed nation-building infrastructure project will strengthen [Read more]

Pacific Link Welcomes Project of National Interest Listing as Next Step to Connect Canada to Global Energy Markets

Fort McMurray, Alberta--(Newsfile Corp. - October 1, 2026) - The proponents of the West Coast Oil Pipeline, which the proponents intend to refer to as Pacific Link, welcome the Government of Canada's listing of the pipeline as a Project of National Interest under the Building Canada Act. Pacific Link will connect Alberta's abundant oil resources to the southern coast of British Columbia, Transporting one million barrels per day toward Asia-Pacific and other global markets, in support of [Read more]

Prime Minister Carney lists the West Coast Oil Pipeline, now known as Pacific Link, as a project of national interest to unlock Canada’s full potential as a global energy superpower

FORT MCMURRAY, AB, Oct. 1, 2026 /CNW/ -- Today, the world faces an energy crisis across three dimensions: our cost of living, our climate, and our sovereignty increasingly depend on our nation's ability to supply and control its own energy. More than any other country, Canada is positioned to become the leading supplier of clean and conventional energy to ourselves and the world. To seize this opportunity, which will create hundreds of thousands of good jobs at home while reinforcing our [Read more]