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Industry News
- Westgate Energy announces update on three well drilling program and Q2 2025 financial resultsby CNW on August 26, 2025 in News
CALGARY, AB, Aug. 26, 2025 /CNW/ – Westgate Energy Inc. (“Westgate” or the “Company“) (TSXV: WGT), is pleased to announce the filing of its unaudited financial and operating results for the three and six months ended June 30, 2025. Selected financial and operating information should be read in conjunction with Westgate’s unaudited consolidated financial statements and [Read more]
- Canada eyes deeper energy ties with Germany through critical minerals partnershipby The Canadian Press on August 26, 2025 in News
BERLIN – Canada is signing a critical minerals partnership with Germany that encourages the joint public financing of natural resources projects. Prime Minister Mark Carney says for too long, key Canadian minerals such as nickel and cobalt have gone underdeveloped while China and Russia dominate the global critical minerals market. Carney says the two countries [Read more]
- Indian exports face blow as US enforces steep new tariffs from Wednesdayby Reuters on August 26, 2025 in News
Indian exporters are bracing for disruptions after a U.S. Homeland Security notification confirmed Washington would impose an additional 25% tariff on all Indian-origin goods from Wednesday, ramping up trade pressure on the Asian nation. Indian exports will face U.S. duties of up to 50% – among the highest imposed by Washington – after President Donald [Read more]
- South Korean firms pledge $150 billion in US investments at summitby Reuters on August 26, 2025 in News, LNG
South Korea touted a broad range of U.S. investment plans by its companies at Monday’s summit between U.S. President Donald Trump and South Korean President Lee Jae Myung, spanning shipbuilding, nuclear energy, aerospace, energy and critical minerals. While South Korean companies pledged at the summit $150 billion in U.S. investments, the countries also agreed to [Read more]
- US and Russian officials discussed energy deals alongside latest Ukraine peace talksby Reuters on August 26, 2025 in News, Exxon Mobil, LNG
U.S. and Russian government officials discussed several energy deals on the sidelines of negotiations this month that sought to achieve peace in Ukraine, according to five sources familiar with the talks. These deals were put forward as incentives to encourage the Kremlin to agree to peace in Ukraine and for Washington to ease sanctions on [Read more]