BOE Report

Ovintiv Renews Annual Share Buy-Back Program

  Company Receives TSX Approval for Renewal of Normal Course Issuer Bid DENVER, Oct. 1, 2026 /PRNewswire/ -- Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced it has received regulatory approvals for the renewal of its share buy-back program. This action is consistent with Ovintiv's capital allocation framework, which commits to returning 50% to 100% of annual Non-GAAP Free Cash Flow to shareholders via the combination of base dividend payments and share buybacks. For 2026, Ovintiv has [Read more]

Canadian Oil Sands Production Expected to Grow for 25th Straight Year, Reaching New Record

  Potential shift towards new construction adds upside to longer-term outlook, S&P Global Energy analysis says CALGARY, AB, Sept. 29, 2026 /PRNewswire/ -- Canadian oil sands production is expected to average a record 3.5 million barrels per day in 2026 - a 100,000 b/d (3%) increase from the previous year, according to the latest S&P Global Energy 10-year production outlook. Production is expected to reach 3.9 million b/d by the early 2030s. Since 2001, when annual output was [Read more]

Kimmeridge Publishes New White Paper On Diverging Outlook for U.S. Oil and Natural Gas

"Shale's Golden Years, Part II: The Cost of Aging" finds U.S. oil reserve replacement continuing to weaken despite significant efficiency gains, while natural gas resources remain abundant NEW YORK, Sept. 24, 2026 /PRNewswire/ -- Kimmeridge, an alternative asset manager focused on the energy sector, today published "Shale's Golden Years, Part II: The Cost of Aging," a new white paper examining the growing divergence between the outlook for U.S. oil and natural gas. The paper follows [Read more]

EOG Resources Announces Ann Janssen’s Retirement and Jeff Hibbard as Next CFO

HOUSTON, Sept. 24, 2026 /PRNewswire/ -- EOG Resources, Inc. (EOG) today announced that Ann D. Janssen has elected to retire from EOG. The Board of Directors has appointed Jeffrey W. "Jeff" Hibbard to succeed Janssen as Executive Vice President and Chief Financial Officer, effective January 1, 2027. Janssen will continue serving as an advisor to allow for the transition of her responsibilities prior to retirement in 2027. "Throughout her career, Ann has led by example, setting the standard for [Read more]

Energy Demand Growth Will Limit More-Ambitious Climate Goals, S&P Global Energy Study Finds

Holding global temperature rise to 2 degrees Celsius by end of century remains possible - though increasingly challenged - while more ambitious targets increasingly out of reach, new country-specific analysis shows NEW YORK, Sept. 17, 2026 /PRNewswire/ -- The global economy is on the cusp of a major shift where most of future global energy demand growth will come from emerging markets and developing economies (EMDEs). The new realities of meeting this demand alongside the need for energy [Read more]

Continental Resources Signs Memorandum of Understanding with Petróleos de Venezuela, S.A. (PDVSA) to Operate and Develop the Ayacucho 2 Block in Venezuela’s Orinoco Belt

OKLAHOMA CITY, Sept. 16, 2026 /PRNewswire/ -- Continental Resources, Inc. (Continental) today announced the signing of a Memorandum of Understanding (MOU) with PetrÓleos de Venezuela, S.A. (PDVSA) to operate and develop the Ayacucho 2 Block in Venezuela's Orinoco Oil Belt, one of the world's most prolific oil-producing regions. The parties intend to advance a long-term Contrato de ParticipaciÓn Productiva (CPP) agreement in the coming weeks. Following the Trump Administration's call for [Read more]

Chord Energy Announces Divestiture of Non-Operated Marcellus Assets

HOUSTON, Sept. 16, 2026 /PRNewswire/ -- Chord Energy Corporation (NASDAQ: CHRD) ("Chord," "Chord Energy," or the "Company") announced today that one of its subsidiaries has entered into an agreement to sell its entire non-operated Marcellus position to POSCO International Corporation for total gross consideration of $550MM. The transaction is expected to close in the fourth quarter of 2026 subject to customary closing conditions. Transaction Highlights: Divesting non-operated Marcellus [Read more]

Enbridge Announces the Closing of CDN$3.0 BillionCommon Equity Offering Inclusive of Underwriters’ Over-Allotment Option

CALGARY, AB, Sept. 14, 2026 /PRNewswire/ -- Enbridge Inc. (TSX: ENB) (NYSE: ENB) ("Enbridge" or the "Company") today announced it has closed its previously announced public offering (the Offering) of common shares by a syndicate of underwriters led by RBC Capital Markets and CIBC Capital Markets, and including Scotiabank, BMO Capital Markets, TD Securities Inc., and National Bank of Canada Capital Markets as joint bookrunners. Enbridge issued 44,735,000 common shares inclusive of 5,835,000 [Read more]

EY study finds US oil and gas producers reach record production while investing more selectively in future growth

Oil production hit a study-period high while reserve replacement fell below 100% for the first time since 2021. Capital expenditures declined 49% and exploration represented just 3% of total spending in 2025. Natural gas reserves reached a five-year high, supported by higher discoveries, exports and rising electricity demand. HOUSTON, Sept. 9, 2026 /PRNewswire/ -- The US oil and gas industry is increasingly focused on improving the performance of existing assets while maintaining [Read more]

Enbridge and KKR Announce New Joint Venture to Support Investment in the Westcoast Pipeline System in BC

C$2.7 billion transaction led by KKR in collaboration with Apollo to fund Aspen Point and Sunrise Expansion Programs CALGARY, AB, Aug. 27, 2026 /PRNewswire/ - Enbridge Inc. ("Enbridge") (TSX: ENB) (NYSE: ENB) announced today that it has entered into a definitive agreement with KKR to form a new joint venture, subject to the satisfaction of customary closing conditions, led by capital accounts advised by KKR, in collaboration with funds and affiliates managed by Apollo. The joint venture will [Read more]