3 result(s) for “Oil and gas”
Eco Atlantic Oil and Gas completed a direct equity subscription worth US$7.7 million on October 19, 2026, strengthening its balance sheet as it advances exploration plans on Atlantic margins. The funding comes from existing institutional investors and will support continued appraisal and portfolio activity.
An apparent training incident triggered an explosion and rapidly spreading blaze at Canadian Forces Base Wainwright on October 17, 2026. Federal and provincial officials confirmed multiple fatalities, dozens of injuries and an ongoing emergency response as communities and hospitals in eastern Alberta cope with the aftermath.
With the federal government fast tracking the Pacific Link pipeline, Canadian oil producers and contractors are preparing for major capital bills to expand output and transport capacity. Analysts warn the move will push spending into the tens of billions and reshape regional labour markets and provincial finances.