Cardinal Energy achieved record quarterly production of 25,948 boe/d in Q1 2026, driven by full production from its Reford SAGD project, marking an 18% increase year-over-year. Adjusted funds flow reached $60.5 million, supporting capital expenditures and dividends, while net operating costs declined due to efficiencies and lower taxes. The company announced the final investment decision for its second SAGD project, Reford 2, and increased its 2026 capital budget to $205 million to boost conventional asset development and fund Reford 2 construction. Cardinal's bank debt was significantly reduced, and the company expects to exceed its 2026 production guidance with strong oil prices and expanded drilling plans.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...
