BOE Report

Fluor Joint Venture Hands Over Second Production Train to LNG Canada

IRVING, Texas--(BUSINESS WIRE)--#EnergySolutions--Fluor Corporation (NYSE: FLR) announced today that Fluor, with its Joint Venture partner JGC Corporation, has completed Train 2 of the LNG Canada Project, marking the completion of the first phase of Canada’s first LNG mega-project in Kitimat, British Columbia, Canada. “The safe and successful handover of Train 2 is a testament to the teamwork and dedication of everyone involved on this project,” said Pierre Bechelany, Fluor’s Business Group [Read more]

Chevron Announces 2026 Capex Budget of $18 to $19 Billion

HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) today announced an organic capital expenditure range of $18 to $19 billion for consolidated subsidiaries (capex) for 2026, at the low-end of the long-term guidance range of $18 to $21 billion. Affiliate capital expenditure (affiliate capex) is expected to be $1.3 to $1.7 billion for 2026. “Our 2026 capital program focuses on the highest-return opportunities while maintaining discipline and improving efficiency, enabling us to grow cash [Read more]

Waterous Energy Fund Announces Disposition of Shares of Strathcona Resources Ltd.

CALGARY, Alberta--(BUSINESS WIRE)--Waterous Energy Fund Management Corp. (the "WEF Manager"), in its capacity as manager of certain limited partnerships, including but not limited to, WEF Osum Co-Invest II LP ("Osum II"), Waterous Energy Fund (Canadian) LP, Waterous Energy Fund (US) LP, Waterous Energy Fund (International) LP and Waterous Energy Fund II Aggregator LP (together with certain other entities managed by the WEF Manager, the "WEF Funds"), today announced that Osum II has completed a [Read more]

Waterous Energy Fund Acquires Shares of Greenfire Resources Ltd.

CALGARY, Alberta--(BUSINESS WIRE)--Waterous Energy Fund Management Corp. (the "WEF Manager"), in its capacity as manager of certain limited partnerships comprised of Waterous Energy Fund III (Canadian) LP, Waterous Energy Fund III (US) LP, Waterous Energy Fund III (International) LP, Waterous Energy Fund III (Canadian FI) LP and Waterous Energy Fund III (International FI) LP (collectively, "WEF"), announced today that it has purchased 1,926,055 common shares (the "Purchased Shares") of Greenfire [Read more]

Blackstone Energy Transition Partners Announces $1.2 Billion Investment to Build First-ever Natural Gas Power Generation Facility in West Virginia

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 affiliated with Blackstone Energy Transition Partners (collectively, “Blackstone Energy Transition Partners”), today announced a $1.2 billion investment to build Wolf Summit Energy (“Wolf Summit”), a fully contracted, 600-megawatt greenfield combined-cycle [Read more]

Chevron Outlines Plan for Sustained Cash Flow Growth at Investor Day

Expects adjusted free cash flow annual growth greater than 10% at $70 Brent Reduces capex guidance range to $18 to $21 billion per year Forecasts earnings per share annual growth greater than 10% at $70 Brent NEW YORK--(BUSINESS WIRE)--At its investor day, Chevron Corporation (NYSE: CVX) outlined its five-year plan to 2030 and how it intends to deliver sustained cash flow growth, further strengthen its portfolio, advance power solutions for AI data centers, and grow shareholder [Read more]

Venture Global and Mitsui Announce 20-Year LNG Sales and Purchase Agreement

Venture Global’s third long-term contract with a Japanese company 6.75 MTPA of long-term contracts signed by Venture Global to date in 2025 ARLINGTON, Va.--(BUSINESS WIRE)--Today, Venture Global, Inc. (NYSE: VG) and Mitsui & Co., Ltd. of Japan announced the execution of a new, long-term liquefied natural gas (LNG) Sales and Purchase Agreement (SPA). Under the SPA, Mitsui will purchase 1.0 million tonnes per annum (MTPA) of LNG from Venture Global for 20 years, starting in [Read more]

Glenfarne, Baker Hughes Announce Definitive Agreements to Advance Alaska LNG

WASHINGTON--(BUSINESS WIRE)--Alaska LNG, majority owned and developed by Glenfarne Alaska LNG, LLC (Glenfarne), and Baker Hughes (NASDAQ: BKR), an energy technology company, today announced a strategic alliance to advance the Alaska LNG Project. Glenfarne has selected Baker Hughes as its supplier for main refrigerant compressors for the LNG terminal and power generation equipment for the North Slope gas treatment plant. Baker Hughes has also committed to a strategic investment to support Alaska [Read more]

Waterous Energy Fund Announces Disposition of Shares of Strathcona Resources Ltd.

CALGARY, Alberta--(BUSINESS WIRE)--Waterous Energy Fund Management Corp. (the "WEF Manager"), in its capacity as manager of certain limited partnerships, including but not limited to, WEF Osum Co-Invest I LP ("Osum I"), Waterous Energy Fund (Canadian) LP, Waterous Energy Fund (US) LP, Waterous Energy Fund (International) LP and Waterous Energy Fund II Aggregator LP (together with certain other entities managed by the WEF Manager, the "WEF Funds"), today announced that Osum I was dissolved and [Read more]

Pembina Pipeline Corporation Reports Results for the Third Quarter of 2025 and Provides Business Update

All financial figures are in Canadian dollars unless otherwise noted. This news release refers to certain financial measures and ratios that are not specified, defined or determined in accordance with Generally Accepted Accounting Principles ("GAAP"), including net revenue; adjusted earnings before interest, taxes, depreciation and amortization ("adjusted EBITDA"); adjusted cash flow from operating activities; and adjusted cash flow from operating activities per common share. For more [Read more]