BOE Report

Imperial to hold 2025 Second Quarter Earnings Call

CALGARY, Alberta--(BUSINESS WIRE)--(TSE: IMO, NYSE American: IMO) John Whelan, chairman, president and chief executive officer, and Peter Shaw, vice-president, investor relations, Imperial Oil Limited, will host a 2025 Second Quarter Earnings Call on Friday, August 1, following the company’s second quarter earnings release that morning. The event begins at 9 a.m. MT and will be accessible by webcast. During the call, Mr. Whelan will offer brief remarks prior to taking questions from [Read more]

SLB Completes Acquisition of ChampionX

Enhanced portfolio drives innovation in production and reservoir recovery, expands SLB’s presence in high-growth vertical, and accelerates digital adoption HOUSTON--(BUSINESS WIRE)--SLB (NYSE: SLB) announced today that it has closed its previously announced acquisition of ChampionX Corporation. Under the terms of the agreement, ChampionX shareholders received 0.735 shares of SLB common stock in exchange for each ChampionX share. With the closing of the transaction, former ChampionX [Read more]

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

ARLINGTON, Va.--(BUSINESS WIRE)--Today, Venture Global, Inc. (NYSE: VG) and Eni S.P.A. of Italy announced the execution of a new Sales and Purchase Agreement (SPA) for the purchase of 2 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from CP2 LNG, Venture Global’s third project, for 20 years. This deal marks Eni’s first ever long-term agreement with a U.S. LNG producer. To date, approximately 13.5 MTPA of CP2 Phase One has been sold, raising the total contracted capacity for all [Read more]

Blackstone to Invest More Than $25 Billion in Pennsylvania’s Digital and Energy Infrastructure, Plus Catalyze an Additional $60 Billion Investment

Pennsylvania is uniquely suited to serve as a strategic hub to power America's AI future Blackstone-backed QTS, the largest independent data center operator in the world, to develop and operate new Pennsylvania data center sites Blackstone has formed a joint venture with PPL to invest in new Pennsylvania natural gas power generation facilities Over 6,000 jobs will be created or supported annually over an estimated 10-year construction timeline NEW YORK--(BUSINESS WIRE)--Blackstone [Read more]

Mach Natural Resources LP Announces Transformative Acquisitions in the Permian Basin and San Juan Basin

OKLAHOMA CITY--(BUSINESS WIRE)--Mach Natural Resources LP (NYSE: MNR) (“Mach” or the “Company”) today announced it has entered into two separate definitive agreements: one to acquire certain oil and gas assets from Sabinal Energy, LLC (“Sabinal”), and another to acquire entities owning oil and gas assets managed by IKAV Energy Inc (collectively “IKAV San Juan”). The combined consideration for both transactions is approximately $1.3 billion, subject to customary terms, conditions, and closing [Read more]

Venture Global Announces 20-Year Sales and Purchase Agreement with PETRONAS

ARLINGTON, Va.--(BUSINESS WIRE)--Today, Venture Global, Inc. (NYSE: VG) announced the execution of a new 20-year Sales and Purchase Agreement (SPA) with PETRONAS LNG Ltd. (PLL), a subsidiary of the Malaysian state-owned oil and gas company, PETRONAS. Under the terms of the SPA, PETRONAS will purchase 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from Venture Global’s third facility, CP2 LNG, for 20 years. This builds upon Venture Global’s existing agreement with PETRONAS for 1 [Read more]

Fluor Celebrates LNG Canada’s First Cargo Export

Milestone Positions Canada as Major Exporter of Liquefied Natural Gas IRVING, Texas & CALGARY, Alberta--(BUSINESS WIRE)--#FluorBuildsABetterWorld--Fluor Corporation (NYSE: FLR) announced today that LNG Canada has successfully shipped the first liquefied natural gas (LNG) export cargo from its newly-constructed facility located in the traditional territory of the Haisla Nation in Kitimat, British Columbia, Canada. Since 2018, Fluor, and its joint venture partner, JGC Corporation, have [Read more]

ConocoPhillips appoints Kathleen McGinty to its board of directors

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today announced that its board of directors has elected Ms. Kathleen (Katie) McGinty to serve as a board member. Ms. McGinty currently serves as the vice president and chief sustainability and external relations officer for Johnson Controls. Prior to joining Johnson Controls, Ms. McGinty served in a broad range of leadership positions, with over 30 years of public and private sector experience, most recently serving as senior vice president [Read more]

Waterous Energy Fund Announces Purchase of Subscription Receipts of Strathcona Resources Ltd.

CALGARY, Alberta--(BUSINESS WIRE)--Waterous Energy Fund Management Corp. (the "WEF Manager"), in its capacity as manager 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, the "WEF Receiptholders") and as manager of certain other limited partnerships, including but not limited to, Waterous Energy Fund (Canadian) LP, [Read more]

Energy Transfer Expands LNG Supply Agreement With Chevron by 1.0 Million Tonnes Per Annum From Lake Charles LNG

Total Commitment from Chevron Now at 3.0 Million Tonnes Per Annum DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced its subsidiary, Energy Transfer LNG Export, LLC (Energy Transfer LNG), has signed an incremental Sale and Purchase Agreement (SPA) with Chevron U.S.A. Inc. (Chevron) for additional LNG supply from its Lake Charles LNG export facility. The 20-year agreement for 1.0 million tonnes per annum (mtpa) increases Chevron’s total contracted volume from Energy [Read more]