BOE Report

Imperial to hold 2025 Investor Day on April 17

CALGARY, Alberta--(BUSINESS WIRE)--(TSE: IMO, NYSE American: IMO) Brad Corson, chairman and chief executive officer; John Whelan, president; and Peter Shaw, vice-president, investor relations, Imperial Oil Limited, will host the company’s 2025 Investor Day on Thursday, April 17, 2025. The presentation begins at 9 a.m. EST and will be accessible by webcast. At Investor Day, Imperial’s management team will provide an update on the company’s operations and business strategy, followed by a [Read more]

ExxonMobil Announces Leadership Changes

Karen McKee to Retire After 34 years of Service Matt Crocker Appointed President, ExxonMobil Product Solutions Company and Vice President, Exxon Mobil Corporation SPRING, Texas--(BUSINESS WIRE)--ExxonMobil (NYSE: XOM) today announced Karen T. McKee, president of ExxonMobil Product Solutions Company and vice president Exxon Mobil Corporation, will retire effective May 1, 2025. The Board of Directors has appointed Matt Crocker president, ExxonMobil Product Solutions Company and vice [Read more]

Superior Plus Hosts Investor Day, Raises Superior Delivers Target to $70M+, and Unveils 2027 Financial Targets

Key Highlights New Target for Propane Transformation: Increasing Superior Delivers target from $50M+ to $70M+ of incremental Adjusted EBITDA by 2027. New Consolidated Financial Targets: Introducing three-year financial targets, including approximate compound annual growth rates (CAGRs) of: 8% for Adjusted EBITDA(1), 17% for Adjusted EBTDA(1) per share and 40% for Free Cash Flow(1) as well as significant improvements on return on invested capital (ROIC)(1) from 2024 to 2027. Strengthen [Read more]

Chevron Announces Sale of Majority Interest in its East Texas Gas Assets

HOUSTON--(BUSINESS WIRE)--Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (“Chevron”) (NYSE: CVX), announced that it has closed on a transaction to sell a 70% interest in its East Texas gas assets to an affiliate of TG Natural Resources LLC (“TGNR”), a company indirectly owned by Tokyo Gas Co., Ltd. (“Tokyo Gas”) and Castleton Commodities International LLC (“CCI”), for $525 million, with $75 million paid in cash and $450 million as a capital carry to fund Haynesville development. [Read more]

 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]