15 h. ago Alberta Energy Regulator penalizes Terroco Industries Ltd. for contraventions

Calgary, Alberta, Aug. 14, 2025 (GLOBE NEWSWIRE) — The Alberta Energy Regulator (AER) has issued an administrative penalty totaling $448 980.49 to Terroco Industries Ltd. (Terroco) for contravening the Oil and Gas Conservation Rules. A copy of the decision is on the AER’s Compliance Dashboard.     Following an investigation by the AER, it was determined that over […]

Other

20 h. ago Letters August 14, 2025: ‘Canada has fallen behind thanks to a decade of Liberal policies.’

CANADA HAS FALLEN BEHIND I am usually not a conspiracy theorist, however there is no doubt in my mind the weak-kneed federal government of the last 10 years here has been played like a harp. Russia, Saudi Arabia, and other oil-producing countries have paid sycophants doing amazing work spreading the worst-case scenario of climate change […]

Events

25 h. ago Falcon Oil & Gas Ltd. – Native Title holder approval obtained to sell gas under Beneficial Use of Gas legislation

Falcon Oil & Gas Ltd (“Falcon”) Native Title holder approval obtained to sell gas under Beneficial Use of Gas legislation 14 August 2025 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce that an historic agreement has been reached between Falcon Oil & Gas Australia Limited’s (“Falcon Australia”) joint venture […]

Economics

30 h. ago Acceleware Ltd. Announces Closing of Shares for Debt Transactions

CALGARY, Alberta, Aug. 13, 2025 (GLOBE NEWSWIRE) — Acceleware® Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), a leading innovator of cutting-edge radio frequency (“RF”) power-to-heat technologies targeting process heat for critical minerals, amine regeneration (for carbon capture and other applications), and enhanced oil production, is pleased to announce that further to its news release dated […]

Economics

40 h. ago Ukraine Claims Attack on Hub for Major Russian Oil Pipelines

Ukraine claimed a strike on an important hub for Russia’s network of crude-exporting pipelines, though flows from the system to Europe seem to remain uninterrupted for now.

Politics

42 h. ago Russia Offers Classes for Handling Drone Hits at Energy Sites

Russia is launching new security seminars on how to handle emergencies, including drone strikes, at its energy facilities after Ukraine attacked key oil refineries in recent weeks.

Events

47 h. ago Global Oil Markets Face Record Supply Glut Next Year, IEA Says

Global oil markets are on track for a record surplus next year as demand growth slows and supplies swell, the International Energy Agency said.

Sport

50 h. ago Top India Oil Explorer’s Profit Falls on Low Prices, Flat Output

State-run Oil and Natural Gas Corp.’s quarterly profit declined on lower crude prices and stagnant production from its aging fields.

Economics

54 h. ago Exxon Aims to Build on Guyana Oil Success in Trinidad and Tobago

Exxon Mobil Corp. signed a deal to explore for oil and gas off the coast of Trinidad and Tobago, a decade after making the world’s largest discovery in a generation in nearby Guyana.

Other

55 h. ago Petrobras Gets Permission for Accident Test at Key Oil Block

Petroleo Brasileiro SA received the go-ahead to test its emergency accident plan at a key offshore block in northern Brazil, where it’s been facing a years-long battle for a drilling license.

Society

56 h. ago Acceleware Ltd. Announces Extension of Private Placement Financing

CALGARY, Alberta, Aug. 12, 2025 (GLOBE NEWSWIRE) — Acceleware® Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), a leading innovator of cutting-edge radio frequency (“RF”) power-to-heat technologies targeting process heat for critical minerals, amine regeneration (for carbon capture and other applications), and enhanced oil production, is pleased to announce that the TSX Venture Exchange has agreed […]

Other

58 h. ago ExxonMobil signs deal to explore for oil and gas near Trinidad despite criticism

PORT-OF-SPAIN, Trinidad (AP) — ExxonMobil signed a deal on Tuesday to explore a vast area near Trinidad and Tobago for oil and gas, even as the twin-island nation faces pressure to focus more on green energy deals. The search will take place off Trinidad’s east coast, in a region that spans more than 2,700 square […]

Other

63 h. ago Cenovus Said to Be in Talks With Indigenous Groups for MEG Bid

Cenovus Energy Inc. is in talks with Indigenous groups in Canada to jointly buy MEG Energy Corp., an oil sands producer that faces an unsolicited $4 billion takeover bid from a Canadian oil tycoon.

Other

69 h. ago Opinion: It’s safe for oil tankers to go back to B.C.’s north coast

Canada now track oil spills in litres, not tonnes. Double-hulled ships and better response readiness make Exxon Valdez-type disasters much less likely

Other

3 d. ago Finland charges ‘Russian shadow fleet’ ship captain over Baltic cable sabotage

The crew of a Cook Islands-registered oil tanker were alleged to have dragged the ship's anchor on the seabed for 90 kms, damaging five undersea cables

Other

3 d. ago Toxic Shale Drilling Wastewater Threatens Top Oil Fields, Texas Agency Warns

A Texas agency overseeing 13 million acres of state land is warning that toxic waste fluid from shale drilling threatens to contaminate oil wells in North America’s most prolific crude basin.

Other

3 d. ago Indonesia Signals Later Start to Higher Biodiesel Blending Plan

Indonesia signaled it would be boosting its mandatory biodiesel blending program sometime later in 2026, an energy official said, a move likely to ease immediate concerns over how tight palm oil supplies have been in the world’s top grower in recent years.

Events

4 d. ago Falcon Oil & Gas Ltd. – Stellar IP90 Flow Test Result in the Beetaloo maintaining stable gas rate over the final 30

Falcon Oil & Gas Ltd (“Falcon”) Stellar IP90 Flow Test Result in the Beetaloo maintaining stable gas rate over the final 30-day period 11 August 2025 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce that Shenandoah South 2H Sidetrack (“SS-2H ST1”) achieved an average 90-day initial production (“IP90”) flow […]

Sport

4 d. ago Moscow strikes kill six in Ukraine; Kyiv hit two oil refineries in Russia

No reduction in hostilities on the frontline, even as the U.S. and Russia agreed to hold a summit, which so far does not include Ukraine

Events

4 d. ago Hedge Funds Flip on Green Energy and Start Betting Against Oil

Portfolio managers have been reversing strategies that have dominated over the past four years.

Culture