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Headlines

UN rights chief warns that more Iranians face execution over protests

February 27, 20262:15 AM Reuters0 Comments

The U.N. human rights chief Volker Turk on Friday called for an immediate moratorium on the use of the death penalty in Iran, warning that dozens more people risk execution after the first death sentence linked to January mass protests was issued this week. "I am horrified by reports that at least eight people, including two children, have been sentenced to death in connection with the protests," Turk said in a speech to the U.N. Human Rights Council in Geneva, adding that another 30 people [Read more]

From energy to AI: Five big themes behind Carney’s mission to India

February 27, 20262:00 AM The Canadian Press0 Comments

OTTAWA - Prime Minister Mark Carney's trip to India meant to reset bilateral relations after two years of extreme tensions. Canada and India halted trade talks and pulled their diplomats after Canada alleged in both 2023 and 2024 that agents of the government of India were behind acts of violence and extortion targeting Canadian Sikhs, mainly those who support the creation of an independent Sikh state known as Khalistan. But U.S. President Donald Trump's erratic approach to trade and [Read more]

Lycos Energy Inc. Announces 2025 Reserves

February 26, 20265:28 PM TMX Newsfile

Calgary, Alberta--(Newsfile Corp. - February 26, 2026) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to provide the results of its independent reserves evaluation as at December 31, 2025, prepared by McDaniel & Associates Consultants Ltd. ("McDaniel"). 2025 Overview – Portfolio Rationalization Year During 2025, Lycos executed a strategic monetization of certain heavy oil assets, while retaining its legacy heavy oil properties. The Company completed multiple [Read more]

GLJ Lycos Energy

Venezuela suspends 19 oil, gas production-sharing contracts signed under Maduro government, sources say

February 26, 20264:43 PM Reuters0 Comments

Venezuela's oil ministry has suspended 19 oil production-sharing contracts with private companies signed under the administration of President Nicolas Maduro, four sources with knowledge of the move told Reuters on Thursday. The suspension has had no impact on the country's oil and gas output so far, the sources said. State oil giant PDVSA is selling the crude produced under the contracts while they are suspended, they added. Caracas and Washington would review the contracts and may [Read more]

Chevron Repsol

Oil sales under US-Venezuela deal to reach $2 billion by end of February, Sec Wright say

February 26, 20264:20 PM Reuters0 Comments

Sales under a flagship oil supply agreement between Venezuela and the U.S. are expected to reach $2 billion by the end of this month, U.S. Secretary of Energy Chris Wright told reporters in Texas on Thursday. The U.S. took control of Venezuela's oil exports shortly after U.S. forces captured President Nicolas Maduro in early January, with proceeds going to a U.S.-supervised fund in Qatar. Since then, trading houses Vitol and Trafigura have been marketing and trading the lion's share of the [Read more]

Chevron

Alberta projects C$9.4 billion deficit on lower oil prices

February 26, 20264:05 PM Reuters0 Comments

The Canadian oil-producing province of Alberta forecast a budget deficit of C$9.4 billion ($6.87 billion) for its 2026/27 fiscal year on Thursday, breaking its own rules on allowable deficit financing and blaming lower global crude prices that have walloped the government's resource revenues. The outlook reflects Alberta's vulnerability to commodity price fluctuations, prompting the provincial government to commit to what it called a broad review of its finances and spending, aimed at restoring [Read more]

Canadian Oil Sands

Pembina green-lights two pipeline projects, reports dip in quarterly earnings

February 26, 20263:58 PM The Canadian Press0 Comments

CALGARY - Pembina Pipeline Corp. says it has decided to proceed with two pipeline expansion projects in British Columbia and Alberta as it announced a dip in fourth-quarter earnings. The Calgary-based energy infrastructure company says earnings for the final three months of 2025 were $489 million, or 78 cents per share, compared to $572 million, or 92 cents per share, a year earlier. Revenue fell to $1.91 billion from $2.15 billion during the same 2024 quarter. Pembina says the two [Read more]

Pembina Pipeline

Pembina Pipeline Corporation Reports Results for the Fourth Quarter of 2025 and Provides Business Update

February 26, 20263:30 PM Business Wire

All financial figures are in Canadian dollars unless otherwise noted. This news release refers to certain financial measures and ratios that are not specified, defined or determined in accordance with Generally Accepted Accounting Principles ("GAAP"), including net revenue; adjusted earnings before interest, taxes, depreciation and amortization ("adjusted EBITDA"); adjusted cash flow from operating activities; and adjusted cash flow from operating activities per common share. For more [Read more]

AltaGas Aux Sable LNG Ovintiv Pembina Pipeline Petronas Tourmaline

Petrus Resources Announces Monthly Activity Update

February 26, 20263:05 PM Globe Newswire

CALGARY, Alberta, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to announce the most recent version of the Company’s monthly activity update can be found on the Company's website at https://www.petrusresources.com/monthlyupdates. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. FOR FURTHER INFORMATION PLEASE CONTACT: Ken [Read more]

Petrus Resources

Suncor Energy files annual disclosure documents and renews NCIB

February 26, 20263:00 PM TMX Newsfile

All financial figures are in Canadian dollars, unless noted otherwise. Calgary, Alberta--(Newsfile Corp. - February 26, 2026) - Suncor Energy (TSX: SU) (NYSE: SU) has filed its 2025 Annual Report, 2025 Annual Information Form and 2026 Management Proxy Circular. To view the company's annual disclosure documents, visit Suncor's profile on sedarplus.ca or sec.gov or visit Suncor's website at suncor.com/financialreports. Normal Course Issuer Bid (NCIB) Additionally, the Toronto Stock Exchange [Read more]

Suncor

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