Category: News

Oil prices held firm in early trading on Tuesday as market participants assessed risks stemming from Ukrainian drone strikes on Russian energy sites, mounting U.S.-Venezuela tensions and mixed expectations for U.S. fuel inventories. Brent crude futures…

Venezuela’s President Nicolas Maduro is running out of options to step down and leave his country under U.S.-guaranteed safe passage, following a short call with U.S. President Donald Trump last month where Trump refused a series of requests from…

The discount on Western Canada Select to North American benchmark West Texas Intermediate futures widened on Monday. WCS for January delivery in Hardisty, Alberta, settled at $12.75 a barrel below the U.S. benchmark WTI, according to brokerage CalRock,…

CALGARY – A group representing oil and gas drillers says it’s expecting a slight uptick in activity next year in Canada. The Canadian Association of Energy Contractors says it’s expecting 5,709 wells to be drilled next year, up about …

A recent field pilot in Alberta is showing how producers can simplify well testing, reduce flaring, and lower capital costs without sacrificing measurement accuracy. Torxen, was an Alberta E&P focused on light oil development, partnered with SLB to…

The Canadian Association of Energy Contractors (CAOEC) released its 2025 State of the Industry Report and 2026 Forecast today, offering a look at the trends, challenges, and opportunities shaping Canada’s drilling and service rig sector. The report und…

Calgary, Alberta–(Newsfile Corp. – December 1, 2025) – Lotus Creek Exploration Inc. (TSXV: LTC) (“Lotus Creek” or the “Company”) is pleased to announce that the inaugural Monthly Report to Shareholders and a ne…

The outcome of Sunday’s OPEC+ meeting marked a turning point, state TV Al Ekhbariya reported, citing Saudi Energy Minister Prince Abdulaziz bin Salman on Monday. OPEC said the OPEC+ group had approved a mechanism to assess members’ maximum …

At first glance the decision by OPEC+ to leave oil output levels unchanged for the first quarter of next year could be viewed as confirmation the exporter group is concerned about a looming crude supply glut. It was widely expected that the eight membe…

U.S. President Donald Trump confirmed on Sunday that he had spoken with Venezuela’s Nicolas Maduro, but did not provide details on what the two leaders discussed. “I don’t want to comment on it. The answer is yes,” Trump said wh…

OPEC+ agreed to leave oil output levels unchanged for the first quarter of 2026 at its meetings on Sunday as the group slows down its push to regain market share amid fears of a looming supply glut. The meeting of OPEC+, which pumps half of the world&#…

OPEC+ agreed to leave oil output levels unchanged for the first quarter of 2026 at its meetings on Sunday as the group slows down its push to regain market share amid fears of a looming supply glut. The meeting of OPEC+, which pumps half of the world&#…

OPEC+ agreed to leave oil output levels unchanged for the first quarter of 2026 at its meetings on Sunday as the group slows down its push to regain market share amid fears of a looming supply glut. The meeting of OPEC+, which pumps half of the world&#…

Russia’s foreign ministry said on Sunday that Ukrainian attacks on oil tankers and Caspian Pipeline Consortium (CPC) infrastructure in the Black Sea were “acts of terrorism” that threaten freedom of navigation in the region. The CPC, …

U.S. President Donald Trump said on Saturday that the airspace above and surrounding Venezuela should be considered “closed in its entirety”, but gave no further details as Washington ramps up pressure on President Nicolas Maduro’s go…

U.S. President Donald Trump said on Saturday the airspace above and surrounding Venezuela should be considered “closed in its entirety”, without giving details, as Washington continues to ramp up pressure on President Nicolas Maduro’s…

CALGARY, AB, Nov. 28, 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 nine months ended Sept…

U.S. oil production rose to a record high in September, data from the Energy Information Administration (EIA) on Friday showed, despite oversupply worries. Oil production in the U.S. has continued to hit record highs this year despite a weak price envi…

U.S. oil production rose to a record high in September, data from the Energy Information Administration (EIA) on Friday showed, despite oversupply worries. Oil production in the U.S. has continued to hit record highs this year despite a weak price envi…

U.S. oil production rose to a record high in September, data from the Energy Information Administration (EIA) on Friday showed, despite oversupply worries. Oil production in the U.S. has continued to hit record highs this year despite a weak price envi…

CALGARY – Analysts at CIBC Capital Markets say they don’t expect the private sector to take the lead on a new West Coast oilsands pipeline so long as the British Columbia government and First Nations are opposed. They write in a report that…

CALGARY – Pipeline operator Trans Mountain Corp. says it earned a profit in its latest quarter compared with a loss a year ago as its utilization rate and revenue rose compared with last year. The Crown-owned pipeline company says it earned $127 …

Oil prices are projected to remain under pressure in 2026, as swelling supplies eclipse modest demand growth, while geopolitical risks could cap deeper losses, a Reuters poll showed on Friday. The survey of 35 economists and analysts forecast that Bren…

Brent crude oil futures rose on Friday as drawn-out Russia-Ukraine peace talks kept geopolitical risks elevated, while traders kept one eye on the outcome of an OPEC+ meeting on Sunday for clues about potential output changes. However, U.S. West Texas …

‘All transformative ideas are really eligible’ By CEC Staff  on November 26, 2025, 2:52 pm MST Oil and gas drilling in central Alberta, fall 2025. Photo supplied to the Canadian Energy Centre Forget the old image of a straight vertical oil and gas well…

All financial figures are in Canadian dollars, unless noted otherwise. Calgary, Alberta–(Newsfile Corp. – November 27, 2025) – Trans Mountain Corporation (“TMC” or “the Company”) today announced its financial a…

CALGARY, ALBERTA, CANADA – Prime Minister Mark Carney and Alberta Premier Danielle Smith signed a memorandum of understanding Thursday to grow Alberta’s oil exports while also committing to making it a world leader in green energy technolog…

CALGARY, AB, Nov. 27, 2025 /CNW/ – Fiddlehead Resources Corp. (“Fiddlehead,” or the “Company”) (TSXV: FHR), is pleased to announce the filing of its unaudited financial and operating results for the three and nine months e…

CALGARY, Alberta, Nov. 27, 2025 (GLOBE NEWSWIRE) — Enserva issued the following statement regarding an energy agreement between the Province of Alberta and the Federal Government The memorandum of understanding (MOU) announced today between the f…

“CAPP welcomes the memorandum of understanding (MOU) between the federal and Alberta governments, which reflects an earnest commitment to collaborate and grow Canada’s oil and natural gas industry. The elimination of the emissions cap, changes to the C…

Russia’s Urals oil price discount to global benchmark Brent widened by six percentage points this month to 23%, Russian central bank said on Thursday it its review. The discounts, though less severe than those seen after the initial wave of Weste…

Ukraine’s and the U.S. negotiating teams will meet soon, Foreign Minister Andrii Sybiha said on Thursday, adding that Kyiv would focus on specific steps in peace proposals. “Our expectations are concrete results. Concrete results so that pr…

CALGARY – An oil and gas service industry group predicts lacklustre prices for those resources will weigh on spending and activity next year, but the prospect of new export infrastructure gives reason for optimism ahead. Enserva says in its annua…

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in four weeks, with oil rigs dropping to a four-year low, energy services firm Baker Hughes said in its closely followed report on Wednesday. The oil an…

Britain will allow some new oil and gas production on or near existing fields, the government said on Wednesday, easing its stance on new licences while dashing oil and gas producers’ hopes for an early end to windfall taxes on their sector. From…

GOLDMAN SACHS: * ESTIMATE DOWNSIDE RISKS TO CRUDE PRICES, AND ESPECIALLY REFINED OIL PRODUCT PRICES, IF SANCTIONS ON RUSSIA’S OIL SECTOR WERE TO BE LIFTED * SAYS ITS BASE CASE STILL ASSUMES A STATUS QUO FOR SANCTIONS ON RUSSIAN OIL, AN EXTENSION …

BP’s 440,000-barrel-per-day oil refinery in Whiting, Indiana, has returned to normal operations following a planned maintenance turnaround in September and a fire in October, two sources said. The largest refinery in the U.S. Midwest returned to …

CER’s latest publication shows wind leading planned renewable power capacity additions, with Quebec, Alberta, and B.C. at the forefront. CALGARY, AB, Nov. 26, 2025 /CNW/ – Wind power is set to dominate Canada’s power growth over the n…

U.S. crude stocks climbed as imports rose to an 11-week high, the EIA said on Wednesday, while fuel inventories also increased as refining activity ticked higher. Crude inventories climbed by 2.8 million barrels to 426.9 million barrels in the week end…

A Reliance Industries joint venture will invest $11 billion over five years to develop 1 gigawatt of AI data capacity in the southern Indian state of Andhra Pradesh, the companies and the state’s government said on Wednesday. Canadian multination…

Oil prices recovered slightly on Wednesday, after dipping to one-month lows in the previous session amid signs that Ukraine is nearing a peace deal with Russia that would likely lead to the end of international sanctions on Russian supply. Brent crude …

Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and…

MONTRÉAL – Quebec is beginning consultations at the provincial legislature on whether to revise its greenhouse gas emission reduction target. The province committed to reducing its annual emissions by 37.5 per cent below 1990 levels by 2030 in th…

REGINA – This year’s Saskatchewan budget is sinking deeper into the red, mainly due to the cost of fighting the summer’s wildfires. Finance Minister Jim Reiter, in a mid-term update on the budget, says the projected year-end deficit is expected t…

Igor Sechin, one of the most influential men in Russia’s energy sector, said on Tuesday that sanctions imposed by the United States, European powers and their allies on Russia and China will trigger an economic crisis in the West. The West has sl…

Oil prices eased on Tuesday as concerns supply will exceed demand next year outweighed worries that Russian shipments will remain under sanctions as talks to end the Ukraine war remain inconclusive. Brent futures fell 27 cents, or 0.4%, to $63.10 a bar…

BP’s Olympic Pipeline system remained shut on Monday as the company and authorities investigated a fuel leak near Everett, Washington, while airlines activated contingency plans to limit disruptions during the busy Thanksgiving travel week. The l…

VICTORIA – British Columbia Premier David Eby says he told Prime Minister Mark Carney “how unacceptable” it was for Alberta and Saskatchewan to talk with the federal government about a potential pipeline without input from his provinc…

VICTORIA – British Columbia Premier David Eby says he told Prime Minister Mark Carney “how unacceptable” it was for Alberta and Saskatchewan to talk with the federal government about a potential pipeline without input from his provinc…

Revenue from energy production on U.S. public lands and waters fell 11% in the latest fiscal year to $14.61 billion, the Interior Department said on Monday, citing lower prices for commodities like oil. WHY IT’S IMPORTANT The total was the lowest…

The United States on Monday formally designated Cartel de los Soles a foreign terrorist organization, layering additional terrorism-related sanctions on the group it has said includes Venezuelan President Nicolas Maduro and other high-ranking officials…

The United States on Monday formally designated Cartel de los Soles a foreign terrorist organization, layering additional terrorism-related sanctions on the group it has said includes Venezuelan President Nicolas Maduro and other high-ranking officials…

U.S. ENERGY INFORMATION ADMINISTRATION: * SAYS ALTHOUGH NATURAL GAS GENERATION STILL PROVIDES MORE ELECTRICITY THAN ANY OTHER SOURCE IN CALIFORNIA, ELECTRICITY GENERATION FROM NATURAL GAS HAS DECREASED OVER THE PAST SEVERAL YEARS WHILE GENERATION FROM …

U.S. ENERGY INFORMATION ADMINISTRATION: * SAYS ALTHOUGH NATURAL GAS GENERATION STILL PROVIDES MORE ELECTRICITY THAN ANY OTHER SOURCE IN CALIFORNIA, ELECTRICITY GENERATION FROM NATURAL GAS HAS DECREASED OVER THE PAST SEVERAL YEARS WHILE GENERATION FROM …

JPMorgan forecast on Monday Brent crude at $57 a barrel and West Texas Intermediate (WTI) at $53 in 2027, while keeping its 2026 estimates unchanged at $58 and $54 respectively. Brent crude futures were trading around $62.54 a barrel as of 1434 GMT, wh…

JPMorgan forecast on Monday Brent crude at $57 a barrel and West Texas Intermediate (WTI) at $53 in 2027, while keeping its 2026 estimates unchanged at $58 and $54 respectively. Brent crude futures were trading around $62.54 a barrel as of 1434 GMT, wh…

Oil prices took a breather on Monday after last week’s fall of about 3%, as investors weighed the chances for a U.S. rate cut against the prospect of a Russia-Ukraine deal that could free up more Russian supply through an easing of sanctions. The…

CALGARY, Alberta, Nov. 24, 2025 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) announces the appointment of Ms. Céline Gerson to its Board of Directors (the “Board”), effective today. “Céline is a seasoned …

Oil prices eased on hopes for a U.S.-brokered Ukraine ceasefire, but diesel spreads remain stubbornly high as the war keeps global supplies squeezed with little sign of relief. Crude oil prices have dropped by around 1.2% since the November 20 announce…

Despite the U.S. government souring on the global climate agenda ahead of the COP30 summit, American companies did not shy away. A Reuters analysis of attendance lists shows there were 60 representatives of Fortune 100 companies at the Brazil event, co…

The United States is poised to launch a new phase of Venezuela-related operations in the coming days, four U.S. officials told Reuters, as the Trump administration escalates pressure on President Nicolas Maduro’s government. Reuters was not able …

U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since September, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of f…

Calgary, AB – A Tier 1 Operator in the Canadian Energy Industry has started powering Electric Wireline Units with their own Fuel Gas onsite. The 140kw E-Line Units (2 of them) displaced over $1000/day in diesel as part of the Operator’s Pad Electrifica…

The United Arab Emirates said on Friday it will invest up to $50 billion in Canada under a framework that includes projects in artificial intelligence, energy, and mining sectors. The UAE has been looking to expand its energy investments abroad, especi…

Ukraine called on its partners to respect its position as work continues on the technical level to study a U.S.-backed plan to end the war, a senior Ukrainian official said on Friday. Rustem Umerov, the secretary of the National Security and Defence Co…

The COP30 climate summit was headed for a showdown on Friday over the future of fossil fuels after hosts Brazil dropped efforts to develop a global plan to shift away from oil, gas and coal from its proposed deal. A draft text for a deal for this year&…

Oil prices extended their decline for a third straight session on Friday as the U.S. pushed for a Russia-Ukraine peace deal that could bring more oil supplies onto the global market, while uncertainty over U.S. interest rate cuts curbed investor risk a…

Venezuela’s National Assembly on Thursday approved a 15-year extension of the joint ventures between state company PDVSA and a unit of Russia’s Roszarubezhneft that operate two oilfields in the South American country’s western region,…

The U.S. Department of Energy on Thursday announced a reorganization of the agency that prioritizes oil and nuclear resources over offices that had been dedicated to renewables and efficiency. DOE published a new organizational chart alongside a brief …

Oil prices edged up on Thursday after falling in the previous session as concerns a U.S. push to end the Russia-Ukraine war may add supply into an amply supplied market were offset by a bigger-than-expected draw in U.S. crude stockpiles. Brent crude fu…

REGINA – Saskatchewan Premier Scott Moe says he’s hopeful the federal government and Alberta can make progress on getting a pipeline built and allowing some tanker traffic on the northern B.C. coast. Moe says the measures would support Sask…

Release Date November 17, 2025 As outlined in Bulletin 2025-27 regarding the industry-wide closure spend requirements for 2026, a licensee’s mandatory closure spend will be adjusted upon approval of the licence transfer for the transferor and the trans…

Field monitoring equipment in North America is continuously aging with some portion of equipment nearing the end of product life. When deciding what to do with end-of-life equipment, producers will find it helpful to consider several factors that deter…

U.S. crude stocks fell as refining and export demand rose, while gasoline and distillate inventories rose last week, the Energy Information Administration said on Wednesday. Crude inventories fell by 3.4 million barrels to 424.2 million barrels in the …

Saudi Arabia will sign energy sector agreements with the U.S. worth $30 billion, the CEO of Saudi state oil giant Aramco, Amin Nasser, said on Wednesday in comments carried by Saudi state TV. His comments came during the U.S.-Saudi investment forum, be…

Saudi Arabia’s crude oil exports hit a seven-month high in September, data from the Joint Organizations Data Initiative (JODI) showed on Wednesday. Crude exports from the world’s largest oil exporter increased to 6.460 million barrels per d…

Oil prices fell on Wednesday as an industry report showing crude and fuel inventories rose last week in the U.S., the world’s biggest crude consumer, reinforced mounting concerns that supply is exceeding demand in the market. Brent crude futures …

Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and…

It’s likely no surprise when we tell you that (for the most part) today’s buyers in the oil and gas sector do not want to meet you. They don’t want to go for lunch, and they definitely don’t want to pick up an unexpected phone call. It’s not personal. …

Rising power demand driven by data centers is shrinking U.S. electricity supplies and increasing the risk of energy shortages if extreme winter weather strikes this year, the North American Electric Reliability Corporation said on Tuesday. The swift pr…

A race is on among energy companies to build a major fuel pipeline to the U.S. West Coast, a potentially lucrative prize as the planned closure of two California refineries threatens to send gasoline prices in the isolated market soaring. Motorists in …

OTTAWA – Prime Minister Mark Carney on Tuesday defended making a commitment to carbon emission targets to get the government’s spending plan over the finish line. Carney told reporters before the weekly cabinet meeting in Ottawa that he was…

CALGARY, AB, Nov. 18, 2025 /CNW/ – Westgate Energy Inc. (“Westgate” or the “Company“) (TSXV: WGT), is pleased to provide an operational update following the completion of its latest drilling program in the Beaverdam area o…

OTTAWA – As Prime Minister Mark Carney heads to Johannesburg for the G20 summit, Canada and South Africa are talking about a deal to boost bilateral trade and investment that could see more South African wine on Canadian shelves in exchange for g…

President Donald Trump is willing to sign legislation to impose sanctions on Russia as long as he retains ultimate decision-making authority over any such measures, a senior White House official said on Monday. Trump told reporters late on Sunday that …

Oil prices are expected to decline through 2026, Goldman Sachs said on Monday, citing a production surge that will keep the market in a large surplus of around 2 million barrels per day. The bank forecast Brent crude will average $56 a barrel and WTI $…

U.S. oil and natural gas drilling activity has continued to decline even as production reaches record highs, the U.S. Energy Information Administration (EIA) said on Monday. The EIA said the average number of active rigs in the Lower 48 has fallen from…

OTTAWA – Cheaper prices at the gas pumps and grocery store helped bring down inflation in October, Statistics Canada said Monday. The annual rate of inflation cooled to 2.2 per cent in October – a tick higher than economists’ expectations but dow…

Today marks a major milestone for StackDX: we’ve officially passed 50 million active documents on the platform. This achievement reflects the trust teams place in StackDX to power their workflows, centralize knowledge, and accelerate decision-making at…

A visit by Saudi Arabia’s de facto ruler to the White House for talks on Tuesday with U.S. President Donald Trump aims to deepen decades-old cooperation on oil and security while broadening ties in commerce, technology and potentially even nuclea…

Just minutes from its head office, Gabbez is a major contributor to the Frog Lake Water Treatment Project. This critical initiative will deliver clean, reliable water to the Frog Lake community while creating lasting local benefits. The company is mana…

U.S. liquefied natural gas plants could use 40 billion cubic feet of natural gas per day in the coming years, Cheniere Energy’s chief commercial officer, Anatol Feygin, said on Friday at a seminar held by the Federal Reserve Bank of Kansas City. …

Brent crude could rise above $85 per barrel if Russian exports fall sharply, Barclays said, well above the bank’s previous forecast of $66 per barrel for 2026. In late October, U.S. President Donald Trump imposed Ukraine-related sanctions on Russia&#82…

U.S. energy firms this week added oil and natural gas rigs for a second week in a row, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose by 1 to 549 in …

Activist investment firm Kimmeridge Energy Management has taken a stake in U.S. shale producer Devon Energy, according to a stock market filing released on Friday. THE DETAILS Kimmeridge owned 5.66 million shares in Devon as of the end of September, th…

CALGARY, Alberta, Nov. 14, 2025 (GLOBE NEWSWIRE) —  Calfrac Well Services Ltd. (“Calfrac” or “the Company”) (TSX: CFW) is pleased to announce that it is commencing a rights offering (the “Rights Offering“) to t…

Oil prices jumped about 2% on Friday on supply fears after a Ukrainian drone attack hit an oil depot in the Russian Black Sea port of Novorossiysk, a major export hub. Brent crude futures rose $1.24, or 1.97%, to $64.25 a barrel by 0315 GMT, while U.S….

The Trump administration on Thursday finalized its rollback of Biden-era limits on oil and gas drilling in an Alaska area that is the nation’s largest tract of undisturbed public land. The move is consistent with President Donald Trump’s go…

Goldman Sachs expects global oil demand to grow to 113 million barrels per day in 2040 from 103.5 mbpd in 2024, driven by rising energy needs and ongoing challenges in low-carbon technology and infrastructure, the Wall Street bank said on Thursday. &#8…

U.S. private equity giant Carlyle is exploring options to buy Russian oil major Lukoil’s foreign assets, three sources familiar with the situation said. The U.S. has hit Lukoil with sanctions as part of its effort to bring the Kremlin to peace ta…

Project Expected to Create 500 Construction Jobs, Spur Local Economic Development Will Help Meet Rising Electricity Demand from Growing Economy and AI/Data Center Innovation NEW YORK–(BUSINESS WIRE)–Blackstone (NYSE: BX), through funds affi…

U.S. crude stocks rose while gasoline and distillate inventories fell last week on stronger demand, the Energy Information Administration said on Thursday. Crude inventories rose by 6.4 million barrels to 427.6 million barrels in the week ended Novembe…

Around 1.4 million barrels per day of Russian oil, or almost a third of the country’s seaborne exporting potential, remain in tankers as unloading slows due to U.S. sanctions against Rosneft and Lukoil, JPMorgan said on Thursday. The U.S. set a N…

European Union lawmakers backed further cuts to the bloc’s corporate sustainability law on Thursday, following months of pressure from companies and some governments demanding the EU weakens its rules. The European Union’s corporate sustain…

The International Energy Agency (IEA) raised its global oil supply growth forecasts for this year and next in its monthly oil market report on Thursday, signalling a deeper surplus in 2026. “Global oil market balances are looking increasingly lop…

OTTAWA – The Crawford Nickel Project in Ontario and a hydroelectric project in Nunavut are expected to be added to Canada’s major projects list. Prime Minister Mark Carney will be in Terrace, B.C., Thursday to announce the next batch of maj…

Canadian Energy Advisors Group is working with TWP50 Resources to find qualified parties to participate in their top-tier, Leduc, light, sweet oil play on their Wizard Lake property in Central Alberta. This is a classic Leduc formation attic oil over a…

The U.S. Energy Department said on Wednesday that it has bought 900,000 barrels of crude oil for nearly $56 million, a small step in replenishing the Strategic Petroleum Reserve. Trafigura Trading will supply 600,000 barrels while Energy Transfer Crude…

The U.S. Energy Department said on Wednesday that it has bought 900,000 barrels of crude oil for nearly $56 million, a small step in replenishing the Strategic Petroleum Reserve. Trafigura Trading will supply 600,000 barrels while Energy Transfer Crude…

BP is in active talks with investment firm Stonepeak over the sale of its Castrol lubricants unit, two people with knowledge of the situation said, in what would be a major step in meeting the energy company’s $20 billion goal. KEY DETAILS • Both…

U.S. oil production is expected to set a larger record this year than previously forecast, even as global oil supply outpaces fuel demand, the Energy Information Administration said in its Short-Term Energy Outlook report on Wednesday. The Department o…

World oil supply is expected to match demand next year in a reflection of the wider OPEC+ group’s production increases, an OPEC report showed on Wednesday, marking a further shift from its earlier projections of a supply deficit in 2026. OPEC+, w…

The International Energy Agency’s latest outlook signals that oil demand may continue rising into 2050, a sharp shift from its previous reports and a stark reminder of how dominant black gold remains in the global economy. The IEA’s annual World …

Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and…

His passing this week at 97 marks a moment in Canadian energy that bears reflection to recall a lost generation of the “gentleman leader.” It is a sectoral hallmark worth remarking on given its prevailing absence today – and its implications for public…

CALGARY – Finance Minister FranÇois-Philippe Champagne says his goal is to help make Canada the NATO partner of choice when it comes to supplying critical minerals.  He says refining is the “name of the game” and Canada can do be…

Oil prices rose on Monday on optimism that the U.S. government shutdown could end soon and lift demand in the world’s top oil consumer, offsetting concerns about rising supplies globally. Brent crude futures rose 47 cents, or 0.74%, to $64.10 a b…

Record Third Party Processing, Robust Hedging Gains Drive Strong Cash Flow and Net Debt Reduction Not For Distribution to United States News Wire Services or Dissemination in United States CALGARY, Alberta, Nov. 06, 2025 (GLOBE NEWSWIRE) — Cavvy …

U.S. President Donald Trump has been talking up the prospects of Saudi Arabia agreeing to normalise ties with Israel, but it is unlikely to happen when Saudi Crown Prince Mohammed bin Salman visits the White House this month. The establishment of diplo…

The United States seeks to take advantage of a “moment” in Lebanon in which it can cut Iranian funding to Hezbollah and press the group to disarm, the U.S. Treasury Department’s top sanctions official said. In a late Friday interview,…

CALGARY, AB, Nov. 7, 2025 /CNW/ – The Commission of the Canada Energy Regulator (CER) has released its Recommendation Report regarding the Pouce Coupé Pipe Line Ltd. Taylor to Gordondale Pipeline Project. The Commission has recommended that a cer…

The Canadian Energy Geoscience Association (CEGA) is pleased to announce that registration is now open for the 2026 Reservoir Symposium — a premier technical event dedicated to advancing understanding of Canada’s subsurface reservoirs and their critica…

Improve your margin by lowering your power costs. For Canadian oil and gas companies, power costs consistently rank in the top three operating expenses, often contributing 15-30% of total operating costs. Oil & gas companies have detailed metrics f…

U.S. energy firms this week added oil and natural gas rigs for the third time in four weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose by two to…

The Trump administration will hold an auction for drilling oil and gas off the U.S. Gulf next month and has proposed another in a waterway in southern Alaska, it said on Friday. The lease sale in the U.S. Gulf of Mexico, which President Donald Trump re…

Abu Dhabi state oil firm ADNOC’s trading unit plans to increase the volume it handles by two-thirds over the next few years as part of its international expansion, Bloomberg News reported on Friday, citing its CEO. ADNOC has been stepping up its …