BOE Report

Glenfarne, Baker Hughes Announce Definitive Agreements to Advance Alaska LNG

WASHINGTON--(BUSINESS WIRE)--Alaska LNG, majority owned and developed by Glenfarne Alaska LNG, LLC (Glenfarne), and Baker Hughes (NASDAQ: BKR), an energy technology company, today announced a strategic alliance to advance the Alaska LNG Project. Glenfarne has selected Baker Hughes as its supplier for main refrigerant compressors for the LNG terminal and power generation equipment for the North Slope gas treatment plant. Baker Hughes has also committed to a strategic investment to support Alaska [Read more]

Waterous Energy Fund Announces Disposition of Shares of Strathcona Resources Ltd.

CALGARY, Alberta--(BUSINESS WIRE)--Waterous Energy Fund Management Corp. (the "WEF Manager"), in its capacity as manager of certain limited partnerships, including but not limited to, WEF Osum Co-Invest I LP ("Osum I"), Waterous Energy Fund (Canadian) LP, Waterous Energy Fund (US) LP, Waterous Energy Fund (International) LP and Waterous Energy Fund II Aggregator LP (together with certain other entities managed by the WEF Manager, the "WEF Funds"), today announced that Osum I was dissolved and [Read more]

Pembina Pipeline Corporation Reports Results for the Third Quarter of 2025 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; and adjusted cash flow from operating activities per common share. For more [Read more]

ConocoPhillips announces third-quarter 2025 results; increases quarterly ordinary dividend by 8% and announces preliminary 2026 guidance

Reported third-quarter 2025 earnings per share of $1.38 and adjusted earnings per share of $1.61. Generated cash provided by operating activities of $5.9 billion and cash from operations (CFO) of $5.4 billion. Raised ordinary dividend by 8% to $0.84 per share. Raised full-year 2025 production guidance to 2.375 MMBOED and further reduced operating cost guidance to $10.6 billion. Announced preliminary 2026 guidance, including $12 billion of capital expenditures, $10.2 billion of [Read more]

STEP Energy Services Ltd. Reports Third 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 and nine months ended September 30, 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 September 30, 2025 (the “Financial Statements”). Readers should also refer to the [Read more]

Pembina and PETRONAS Enter Long-Term Agreement for Cedar LNG Capacity

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA) and Petroliam Nasional Berhad ("PETRONAS") today announced the signing of a 20-year agreement (the "Agreement") for 1.0 million tonnes per annum ("mtpa") of Pembina's liquefaction capacity at the Cedar LNG facility ("Cedar LNG") by their subsidiaries. The Agreement is a synthetic liquefaction service structure for 1.0 mtpa of capacity, under which Pembina will provide transportation and [Read more]

STEP Energy Services Ltd. Announces Commencement of Sending and Filing of Circular for Special Meeting of Shareholders to Approve Arrangement

Shareholders will receive $5.50 per share in cash, a substantial 29.11% premium to the trading price of shares on September 24, 2025, being the last trading day prior to the announcement of the non-binding offer from ARC Shareholders are encouraged to vote well in advance of the proxy deadline of December 11, 2025 at 10:00 a.m. (Calgary time) Shareholders who have questions or need assistance in voting should contact TSX Trust Company by telephone at 1-866-600-5869 (toll free in Canada and [Read more]

Chevron Announces Leadership Changes

Alana K. Knowles to retire after 38 years with the company Amit R. Ghai named Controller of Chevron HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) announced today the appointment of Amit R. Ghai as Controller of Chevron, effective March 1, 2026. Ghai will succeed Alana K. Knowles, in anticipation of her expected retirement from Chevron in April 2026, after 38 years of service. Ghai will lead Chevron’s accounting policy, corporate and external financial reporting, internal [Read more]

Imperial declares fourth quarter 2025 dividend

CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited (TSE: IMO, NYSE American: IMO) today declared a quarterly dividend of 72 cents per share on the outstanding common shares of the company, payable on January 1, 2026, to shareholders of record at the close of business on December 3, 2025.   This fourth quarter 2025 dividend compares with the third quarter 2025 dividend of 72 cents per share. Imperial has a long and successful history of growth and financial stability in Canada [Read more]

Chevron Reports Third Quarter 2025 Results

Reported earnings of $3.5 billion; adjusted earnings of $3.6 billion Record production of 4.1 million BOE per day; 21 percent higher than last year Cash flow from operations of $9.4 billion; adjusted free cash flow of $7.0 billion HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) reported earnings of $3.5 billion ($1.82 per share - diluted) for third quarter 2025, compared with $4.5 billion ($2.48 per share - diluted) in third quarter 2024. Included in the quarter was a net loss [Read more]