Supply interruptions stemming from the Iran war are creating new export opportunities for Canadian LPGs as importers look to secure needed volumes long term, AltaGas Ltd. president and chief executive officer Vern Yu said at its first quarter earnings call Thursday.
After Shell plc’s announced acquisition of ARC Resources Ltd. this week, Whitecap Resources Inc. chief executive officer Grant Fagerheim says he expects deals of varying sizes to continue under the right conditions.
The Iran war is shaking up global energy markets, creating near-term challenges and opportunities for oilfield services suppliers, executives said on first quarter earnings calls.
Oilfield equipment and technology manufacturer NOV Inc. expects demand for its products to jump when the Iran war ends, with Middle East operators bringing production back on and operators in other regions drilling and equipping new wells to fill supply gaps, president and chief executive officer Jose Bayardo said on its first quarter 2026 earnings call.
British Columbia’s Look West plan has added 17 new major project investments, doubling the number of priority projects in the province to 35.
AltaGas Ltd. reported record normalized EBITDA of $818 million in the first quarter of 2026, driven by higher LPG export volumes and margins, stronger processing and liquids handling margins, and improved utilities division performance.
In its 2025 budget, the federal government proposed to reinstate accelerated capital cost allowances (CCAs) for eligible LNG equipment and related buildings for low-carbon LNG facilities.
Worley has been selected by Dow to provide front-end engineering design (FEED) services under a new engineering, procurement, and construction management (EPCM) contract for the cogeneration component of Dow’s Path2Zero project in Fort Saskatchewan.
Emissions Reduction Alberta (ERA) is awarding up to $41 million to support nine new projects through its Industrial Transformation Challenge.
NorthX Climate Tech announced $3 million in non-dilutive investments in four companies developing breakthrough technologies to decarbonize some of B.C.'s highest-emitting industrial sectors.
Total revenues for NCS Multistage Holdings, Inc. were $45.6 million for the quarter ended March 31, 2026, compared to $50.0 million for the first quarter of 2025.
Tamarack Valley Energy Ltd. announced the redemption of its remaining outstanding 7.25 per cent 2027 senior unsecured notes maturing on May 10, 2027.