BOE Report

Chevron and Halliburton Enable Intelligent Hydraulic Fracturing

HOUSTON--(BUSINESS WIRE)--Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), and Halliburton (NYSE: HAL) jointly developed a new process that enables closed-loop, feedback-driven completions in Colorado. This intelligent fracturing process combines automated stage execution with subsurface feedback to optimize delivery of energy into the wellbore without relying on human intervention. The capability enhances the previous implementation of autonomous hydraulic fracturing [Read more]

Pembina Pipeline Corporation Announces Closing of $200 Million Subordinated Note Offering

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) is pleased to announce that it has closed its previously announced offering of $200 million aggregate principal amount of 5.95% Fixed-to-Fixed Rate Subordinated Notes, Series 2 (the "Series 2 Notes") due June 6, 2055 (the "Offering"). Pembina intends to use the net proceeds of the Offering to fund the previously announced redemption of its outstanding Cumulative Redeemable Rate [Read more]

STEP Energy Services Ltd. Announces Annual General Meeting Voting Results and Appointment of Board Chair and Lead Director

CALGARY, Alberta--(BUSINESS WIRE)--STEP Energy Services Ltd. (“STEP”) (TSX: STEP) is pleased to announce that at its 2025 annual general meeting of shareholders held on June 4, 2025, each of the following seven nominees were elected as directors of STEP on a vote passed by ballot to serve until the next annual meeting of shareholders of STEP, or until their successors are elected or earlier appointed. Proxies were received on this matter as follows:   Nominee # Votes For % Votes [Read more]

Glenfarne Announces Over $115 Billion of Strategic Partner Interest for Alaska LNG

Alaska LNG can deliver LNG into Asia at a lower cost than Henry Hub pricing from the U.S. Gulf Coast ANCHORAGE, Alaska & NEW YORK--(BUSINESS WIRE)--#Alaska--Glenfarne Alaska LNG, LLC (“Glenfarne”), a subsidiary of Glenfarne Group, LLC and majority owner and lead developer of Alaska LNG, a joint venture with the State of Alaska’s Alaska Gasline Development Corporation, announces that it has completed the first round of its Strategic Partner selection process, with over 50 companies [Read more]

Pembina Pipeline Corporation Announces $200 Million Subordinated Note Offering

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it has agreed to issue $200 million aggregate principal amount of 5.95% Fixed-to-Fixed Rate Subordinated Notes, Series 2 (the "Series 2 Notes") due June 6, 2055 (the "Offering"). The Offering is expected to close on or about June 6, 2025, subject to customary closing conditions. Pembina intends to use the net proceeds of the Offering to fund the redemption of [Read more]

NextDecade Announces 2.0 MTPA LNG Sale and Purchase Agreement with JERA from Rio Grande LNG Train 5

HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) announced today that it has executed a 20-year liquefied natural gas (LNG) sale and purchase agreement (SPA) with JERA for offtake from Train 5 at the Rio Grande LNG Facility. Under the terms of the SPA, JERA will purchase 2.0 million tonnes per annum (MTPA) of LNG for 20 years on a free on board basis at a price indexed to Henry Hub, subject to a positive Final Investment Decision (FID) on Train [Read more]

Cheniere Signs Long-Term Integrated Production Marketing Agreement with Canadian Natural Resources Limited

HOUSTON--(BUSINESS WIRE)--Cheniere Energy, Inc. (“Cheniere”) (NYSE: LNG) announced today that its subsidiary, Cheniere Marketing, LLC (“Cheniere Marketing”), has entered into a long-term Integrated Production Marketing (“IPM”) gas supply agreement with Canadian Natural Resources Limited. Under the IPM agreement, a subsidiary of Canadian Natural Resources Limited has agreed to sell 140,000 MMBtu per day of natural gas to Cheniere Marketing for a term of 15 years, which is expected to commence [Read more]

Glenfarne Announces Partnership With Worley and Commencement of Final Engineering for the Alaska LNG Pipeline

Alaska LNG Strategic Partner Process Also Launched ANCHORAGE, Alaska & NEW YORK--(BUSINESS WIRE)--Glenfarne Alaska LNG, LLC (“Glenfarne”), a subsidiary of Glenfarne Group, LLC, and majority owner and lead developer of Alaska LNG, a joint venture with the State of Alaska’s Alaska Gasline Development Corporation, has selected Worley to undertake additional engineering and prepare a final cost estimate for the Alaska LNG Pipeline in sufficient detail to achieve Final Investment Decision for [Read more]

STEP Energy Services Ltd. Reports First Quarter 2025 Results

CALGARY, Alberta--(BUSINESS WIRE)--STEP Energy Services Ltd. (the “Company” or “STEP”) (TSX: STEP) is pleased to announce its financial and operating results for the three months ended March 31, 2025. The following Press Release should be read in conjunction with the management’s discussion and analysis (“MD&A”) and the unaudited condensed consolidated financial statements and notes thereto as at March 31, 2025 (the “Financial Statements”). Readers should also refer to the “Forward-looking [Read more]

Pembina Pipeline Corporation Announces Renewal of Share Repurchase Program

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that the Toronto Stock Exchange (the "TSX") has approved the renewal of Pembina's normal course issuer bid (the "NCIB") to purchase up to five percent of its issued and outstanding common shares. Under the NCIB, purchases of common shares may be made through the facilities of the TSX, the New York Stock Exchange and/or alternative Canadian trading systems, [Read more]