BOE Report

Murphy Oil Corporation schedules second quarter 2024 earnings release and conference call

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) will host a conference call and webcast beginning at 9:00 a.m. Eastern Daylight Time (EDT) on Thursday, August 8, 2024 to discuss second quarter 2024 earnings. The company plans to release its financial and operating results before the market opens that morning. A webcast link and related presentation material will be posted to the Investor Relations page of the company’s website at http://ir.murphyoilcorp.com. Date: Thursday, [Read more]

Pembina Pipeline Corporation announces $950 million public 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 $950 million aggregate principal amount of senior unsecured medium-term notes (the "Offering"). The Offering will be conducted in three tranches consisting of: (i) $650 million principal amount of senior unsecured medium-term notes, series 23 (the "Series 23 Notes") having a fixed coupon of 5.22% per annum, paid semi-annually, and maturing [Read more]

Pembina Pipeline Corporation announces intention to redeem its Series 19 medium term notes

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it intends to exercise its option to redeem all or a portion of its outstanding $300,000,000 aggregate principal amount of senior unsecured medium-term notes, series 19 (the "Series 19 Notes") due June 22, 2026 for cash on July 6, 2024 (the "Redemption Date") at a redemption price of approximately $1,002.19 for each $1,000 principal amount of Series 19 Notes, [Read more]

Cedar LNG announces positive Final Investment Decision

World’s First Indigenous Majority-Owned, Hydro-Powered, Floating LNG Facility Becomes a Reality KITAMAAT VILLAGE, British Columbia--(BUSINESS WIRE)--The Haisla Nation and Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA), partners in Cedar LNG Partners LP ("Cedar LNG"), today announced a positive Final Investment Decision ("FID") on the Cedar LNG Project, a floating liquefied natural gas ("LNG") ("FLNG") facility with a nameplate capacity of 3.3 million tonnes per annum ("mtpa"), [Read more]

Imperial renews annual normal course issuer bid

CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited (TSE: IMO, NYSE American: IMO) announced today that it has received final acceptance from the Toronto Stock Exchange (TSX) for a normal course issuer bid (NCIB) to repurchase up to five percent of its 535,836,803 outstanding common shares as of June 15, 2024, or a maximum of 26,791,840 shares during the next 12 months. This maximum will be reduced by the number of shares purchased from ExxonMobil, Imperial’s majority shareholder, as [Read more]

Mountain Valley Pipeline begins operations

Natural Gas Transmission Line Enters Service to Meet Public Demand and Promote the National Interest CANONSBURG, Pa.--(BUSINESS WIRE)--The Mountain Valley Pipeline (MVP) entered service today after satisfying all applicable legal and regulatory requirements, including all applicable in-service conditions of the U.S. Pipeline and Hazardous Materials Safety Administration’s Consent Agreement for the project, and receiving all remaining approvals from the Federal Energy Regulatory Commission. [Read more]

Aramco and NextDecade announce heads of agreement for the 1.2 MTPA long-term offtake of LNG from the Rio Grande LNG facility

HOUSTON, Texas & DHAHRAN, Saudi Arabia--(BUSINESS WIRE)--Aramco, one of the world’s leading integrated energy and chemicals companies, and NextDecade Corporation (NextDecade) (Nasdaq: NEXT) announced today that their respective subsidiaries have executed a non-binding Heads of Agreement (HoA) for a 20-year liquefied natural gas sale and purchase agreement (LNG SPA) for offtake from Train 4 at the Rio Grande LNG Facility at the Port of Brownsville, Texas, USA. Under the terms of the HoA, [Read more]

STEP Energy Services Ltd. announces annual general meeting voting results

CALGARY, Alberta--(BUSINESS WIRE)--STEP Energy Services Ltd. (“STEP”) is pleased to announce that at its 2024 annual general meeting of shareholders held on June 6, 2024, 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 For # Votes [Read more]

Imperial providing energy security while reducing emissions

Brad Corson speaks to investments in strategic projects in support of a lower-emission future CALGARY, Alberta--(BUSINESS WIRE)--Imperial (TSE: IMO, NYSE American: IMO) CEO Brad Corson, presented to the federal Standing Committee on Environment and Sustainable Development on June 6 to share how the company is working to supply Canada’s energy needs reliably, safely and securely, while providing benefits to the economy and taking action to reduce emissions. Opening statement Good [Read more]

Hess Corporation receives stockholder approval for proposed merger with Chevron

NEW YORK--(BUSINESS WIRE)--Hess Corporation (NYSE: HES) today announced that it has received the necessary approval of its stockholders for closing the company’s merger with Chevron Corporation. At the special meeting of Hess stockholders held today, a majority of the outstanding shares of Hess common stock were voted in favor of the adoption of the merger agreement. “We are very pleased that the majority of our stockholders recognize the compelling value of this strategic transaction and [Read more]