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Headlines

LNG Canada Announces Phase 2 Final Investment Decision

September 29, 202612:45 AM CNW

VANCOUVER, BC, Sept. 28, 2026 /CNW/ -- LNG Canada today announced that its Joint Venture Participants (JVPs) – Shell, PETRONAS, PetroChina, Mitsubishi Corporation and KOGAS – have taken a Final Investment Decision (FID) on the LNG Canada Phase 2 expansion project in Kitimat, British Columbia, in the traditional territory of the Haisla Nation. The decision marks the next step in LNG Canada's development as a British-Columbia-based Project of National Significance, representing one of [Read more]

LNG PetroChina Petronas Shell

Trump denies offering Iran sanctions relief, Tehran says ready for talks

September 29, 202612:41 AM Reuters0 Comments

US President Donald Trump said he has offered Iran nothing to end the war, rejecting media reports that cited US officials saying he was willing to ease sanctions and release frozen funds for "concrete" steps regarding Iran's nuclear programme. "This is untrue. I offered them NOTHING," Trump wrote on Truth Social on Monday. Axios and CNN both reported, citing unidentified US officials, that Trump was willing to give Iran sanctions relief and free Iranian funds as part of a final deal on [Read more]

Mideast oil exports rebound in September as Saudi Arabia boosts shipments

September 28, 20268:38 PM Reuters0 Comments

Crude oil exports from key Middle East producers rebounded in September to 16.328 million barrels per day (bpd), the highest since the US-Israeli war on Iran started in late February, data from Kpler showed on Monday, as Saudi Arabia and the United Arab Emirates boosted exports. The rebound came following a recovery in exports via the Strait of Hormuz, which were set to hit about 9.719 million bpd this month, as Saudi Arabia diverted oil exports from the Red Sea port of Yanbu following [Read more]

Canada energy regulator approves Trans Mountain tolls settlement

September 28, 20265:55 PM Reuters0 Comments

The Canada Energy Regulator on Monday approved Trans Mountain's negotiated tolls settlement, finding the tolls just and reasonable and setting a new framework for tariffs and transportation services on the pipeline system. The decision allows up to 90% of the pipeline's capacity to be contracted to shippers, up from 80%, the regulator said. * The regulator said Trans Mountain can still ensure other shippers have meaningful access to available pipeline capacity. * The settlement resolves an [Read more]

Party leaders make economic, budget promises in Week 2 of B.C. election campaign

September 28, 20265:44 PM The Canadian Press0 Comments

VICTORIA - Resource development and making British Columbia an "energy superpower" to grow the economy would allow for a new provincial government to pay down the record deficit, both the NDP and Conservative party leaders said on the campaign trail Monday.  Interim Conservative leader Lorne Doerkson promised to double liquefied natural gas production by 2032, if elected, while NDP Leader David Eby announced his government would double the export of critical minerals within five [Read more]

LNG

Energy regulator approves Trans Mountain toll settlement

September 28, 20264:31 PM The Canadian Press0 Comments

CALGARY - The Canada Energy Regulator has approved a settlement between Trans Mountain Corp. and companies that pay to ship their oil through the Alberta-to-British Columbia pipeline.  A commission of the regulator found the agreed-to tolls were "just and reasonable."  The decision allows Trans Mountain to contract up to 90 per cent of the pipeline's capacity to shippers, an increase from 80 per cent.  Trans Mountain announced the settlement in July following 18 months of [Read more]

CER approves Trans Mountain settlement, establishing a new framework for tolls

September 28, 20263:31 PM CNW

CALGARY, AB, Sept. 28, 2026 /CNW/ -- The Commission of the CER has approved Trans Mountain's Tolls Settlement. This decision [Filing C41001] approves a new framework for how tolls, tariffs, and transportation services are managed on the Trans Mountain Pipeline System. Tolls are the fees a pipeline company charges customers to ship products, such as oil, on its pipeline. The Commission found that the tolls were just and reasonable. This decision also allows Trans Mountain to contract up to 90 [Read more]

Trans Mountain Pipeline

Trump says US will win Iran war ‘very soon’

September 28, 20261:06 PM Reuters0 Comments

US President Donald Trump told reporters that United States officials talked with mediators trying to end Washington's war with Iran on Monday, adding the US will win the Iran war "very soon." "We're going to win, as far as I'm concerned, it's going to be one way or the other," Trump said in the Oval Office. "It's going to go pretty quickly." Trump also said that gas prices will come tumbling down after the US wins the war. (Reporting by Bo Erickson and Trevor Hunnicutt in Washington; editing [Read more]

Enserva hosts Speakers Series with Alberta and Ontario premiers to discuss Canada’s energy and economic future

September 28, 202612:00 PM Globe Newswire

Premier Danielle Smith and Premier Doug Ford join business leaders to examine how Canada can strengthen its energy security, economic competitiveness and position in global markets CALGARY, Alberta, Sept. 28, 2026 (GLOBE NEWSWIRE) -- Today, Alberta Premier Danielle Smith and Ontario Premier Doug Ford joined business and energy leaders in Calgary for the 2026 Enserva Speaker Series at the TELUS Convention Centre. This event brought together two of Canada’s largest provincial economies for a [Read more]

Shield Energy

US Supreme Court’s Alito won’t participate in climate case involving oil companies

September 28, 202611:58 AM Reuters0 Comments

US Supreme Court Justice Samuel Alito will not participate in an upcoming case involving a bid by oil companies to scuttle a lawsuit seeking to hold them liable for helping fuel climate change, a court official said on Monday. Alito owns stock in several oil and gas companies but not Exxon Mobil and Suncor Energy, the two companies involved in the dispute to be heard by the court on October 5. He had initially declined calls from watchdog and environmental groups to recuse. Alito stepped [Read more]

Exxon Mobil Suncor

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