HALIFAX, Nova Scotia--(BUSINESS WIRE)--February 5, 2026-- pHathom Technologies, a climate technology company developing carbon capture solutions for existing coastal bioenergy and industrial facilities, today announced the closing of its seed financing round. The capital will accelerate the development and deployment of pHathom’s platform for verifiable carbon capture and durable storage using existing coastal infrastructure. Combined with its lead role in the $16 million Bioenergy Carbon Capture and Marine Storage Project through Canada’s Ocean Supercluster (OSC), the successful close of its $4 million equity round brings pHathom’s total committed capital past...

The Energy Information Administration (EIA) has released its latest Natural Gas Storage report, indicating a decline in the number of cubic feet of natural gas held in underground storage over the past week. The report, which has a significant impact on Canada’s energy sector due to the country’s sizable energy industry, revealed a decrease of 360 billion cubic feet. This decline, while substantial, is less than the forecasted drop of 379 billion cubic feet. The smaller than expected decrease suggests weaker demand for natural gas. As per market dynamics, when...