BOE Report

 Waterous Energy Fund Closes Third Private Equity Fund at C$1.4 Billion

CALGARY, Alberta--(BUSINESS WIRE)--Waterous Energy Fund (“WEF”) today announced the final closing of its third private equity fund, Waterous Energy Fund III (“Fund III” or “the Fund”) at the stated target of C$1.4 billion (~US$1 billion). For Fund III, WEF will continue to pursue its value-based investment strategy in the Canadian oil and gas sector. WEF believes that a concentrated portfolio of scaled businesses with established, high-quality, and geographically adjacent assets is the most [Read more]

Glenfarne Becomes Lead Developer for the Alaska LNG Project

Glenfarne, Alaska Gasline Development Corporation Sign Binding, Definitive Project Development Agreements Enhancing Momentum For The Project Alaska LNG Pipeline Final Investment Decision Anticipated in 2025 ANCHORAGE, Alaska & NEW YORK--(BUSINESS WIRE)--Today, Glenfarne Alaska LNG, LLC, an affiliate of Glenfarne Group, LLC, (together as ”Glenfarne”), and the Alaska Gasline Development Corporation (“AGDC”) signed definitive agreements for Glenfarne to become majority owner of Alaska [Read more]

Superior Plus Announces Appointment of Dale Winger as President of Certarus

TORONTO--(BUSINESS WIRE)--Superior Plus Corp. (“Superior” or “the company”) (TSX: SPB) announced today that Dale Winger will assume the role of President of Certarus. Dale will accelerate Certarus’ focus on optimizing the performance of its assets, while balancing a disciplined approach to growth with driving free cash flow. He replaces Natasha Cherednichenko, who made notable contributions to Certarus since joining in 2020 and will be leaving the company effective immediately. “Dale’s [Read more]

Superior Announces Planned Changes to the Board of Directors

TORONTO--(BUSINESS WIRE)--Superior Plus Corp. (“Superior”) (TSX: SPB) is pleased to announce that three new talented individuals, Laura L. Schwinn, Jean Paul Gladu and William T. Yardley, will be nominated for election to its board of directors (the “Board”) at Superior’s upcoming 2025 annual shareholder meeting as a result of a very successful board recruitment mandate. The recruitment process, which was initiated by the Board early in 2024, is a regular part of board succession planning at [Read more]

STEP Energy Services Ltd. Reports Fourth Quarter and Year End 2024 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 and twelve months ended December 31, 2024. The following press release should be read in conjunction with the management’s discussion and analysis (“MD&A”) and audited consolidated financial statements and notes thereto as at December 31, 2024 (the “Financial Statements”). Readers should also refer to the [Read more]

Venture Global Announces Major Brownfield Expansion of Plaquemines LNG

PLAQUEMINES PARISH, La.--(BUSINESS WIRE)--Today, Venture Global (NYSE: VG) announced plans for a brownfield expansion at its Plaquemines LNG facility south of New Orleans, Louisiana. Joining Venture Global for the announcement was Secretary of Energy Chris Wright, Secretary of the Interior Doug Burgum, Louisiana Governor Jeff Landry and other federal, state and local officials and stakeholders. The planned Plaquemines expansion will consist of 24 trains and would represent an approximately $18 [Read more]

Pembina Pipeline Corporation Reports Record Results for the Fourth Quarter of 2024 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; adjusted cash flow from operating activities per common share; and proportionately [Read more]

Chevron Announces Senior Leadership Changes

HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) today announced senior leadership changes as part of the company’s efforts to simplify its organizational structure, execute faster and more effectively, and be positioned for stronger long-term competitiveness. The company’s Oil, Products & Gas organization will be consolidated into two segments: Upstream and Downstream, Midstream & Chemicals. Mark Nelson will continue to lead this organization as vice chairman and executive [Read more]

Venture Global Announces Commencement of Commercial Operations at Calcasieu Pass

ARLINGTON, Va.--(BUSINESS WIRE)--Today, Venture Global announced that it has notified its long-term customers that its Calcasieu Pass facility will commence commercial operations on April 15, 2025. The facility will achieve its commercial operation date, or COD, in under 68 months from its August 2019 final investment decision, despite substantial impacts including two hurricanes, the COVID-19 pandemic, and major unforeseen manufacturing issues, such as with the Heat Recovery Steam Generators [Read more]

ConocoPhillips Receives Exemptive Relief From Canadian Securities Regulatory Authorities Regarding Future Canadian Filings

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) (the “Company”) announced today that the Company has received exemptive relief from the applicable Canadian securities regulatory authorities regarding future filing requirements. The Company became a reporting issuer for Canadian securities law purposes by virtue of the acquisition of Marathon Oil Corporation in November 2024, which made the Company subject to Canadian continuous disclosure and other reporting obligations under applicable [Read more]