BOE Report

Gibson Energy announces voting results for election of board of directors

CALGARY, AB, May 2, 2023 /PRNewswire/ - Gibson Energy Inc. announced today the voting results for the election of directors at the Company's hybrid annual general meeting of shareholders that was held on May 2, 2023. Voting Results Name of Nominee Votes For (%) For Votes Withheld (%) Withheld James M. Estey 95,063,093 95.514 % 4,465,220 4.486 % Douglas P. Bloom 98,853,385 99.322 % 674,928 0.678 % James J. [Read more]

Gibson Energy announces 2023 first quarter results

All financial figures are in Canadian dollars unless otherwise noted Calgary, AB, May 1, 2023 /PRNewswire/ - Gibson Energy Inc. announced today its financial and operating results for the three months ended March 31, 2023. "Gibson is off to a great start in 2023, with Adjusted EBITDA in the quarter reaching a new high-water mark, driven by consistent results from the Infrastructure segment and a Marketing contribution well above our initial outlook," said Steve Spaulding, President and [Read more]

Gibson Energy declares dividend

  All financial figures are in Canadian dollars unless otherwise noted   CALGARY, AB, May 1, 2023 /PRNewswire/ - Gibson Energy Inc. announced today that its Board of Directors has approved a quarterly dividend of $0.39 per common share payable on July 17, 2023, to shareholders of record at the close of business June 30, 2023.  This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident shareholders, Gibson's dividends are [Read more]

Enbridge to acquire Aitken Creek natural gas storage from FortisBC Holdings Inc. for $400 million

CALGARY, AB - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) announced today that, through a wholly-owned subsidiary, it has entered into a definitive agreement with FortisBC Holdings Inc. to acquire its interest in FortisBC Midstream Inc., which holds a 93.8% interest in Aitken Creek Gas Storage facility and a 100% interest in Aitken Creek North Gas Storage facility (collectively, Aitken Creek Storage) for $400 million, subject to customary closing adjustments. Aitken Creek [Read more]

New report shows opportunities for Canada-Germany collaboration on energy

OTTAWA, ON - According to a new report, "Canada-Germany Resource Security: Navigating in a Changing World Order," energy stakeholders in Canada and Germany say there are key opportunities for increased collaboration between the two countries on energy and natural resource files but note there is a need to move from expressions of goodwill to concrete actions. Critical minerals and green hydrogen were identified as the areas where there is the greatest opportunity for collaboration, although [Read more]

Tourmaline and Clean Energy announce $70 million joint development agreement to build CNG stations in Western Canada

Investment will establish a commercial fueling network for heavy-duty natural gas trucks across Western Canada CALGARY, AB, April 18, 2023 /PRNewswire/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline") and Clean Energy Fuels Corp. (NASDAQ: CLNE) ("Clean Energy") announced today a $70 million Joint Development Agreement to build and operate a network of compressed natural gas ("CNG") stations along key highway corridors across Western Canada. Through this 50-50 shared investment, Tourmaline and [Read more]

Chevron Canada voluntarily relinquishes offshore permits on Canada’s west coast

CALGARY, AB, April 13, 2023 /CNW/ - Chevron Canada Limited (Chevron) is voluntarily relinquishing 19 offshore oil and gas permits on Canada's west coast within the Scott Islands marine National Wildlife Area and the Hecate Strait and Queen Charlotte Sound Glass Sponge Reefs Marine Protected Area (MPA). "Chevron is continually assessing its portfolio and has been in communication with Natural Resources Canada since 2020 on the opportunity to contribute to the Government of Canada's [Read more]

Independent proxy advisory firms, ISS and Glass Lewis, recommend Vermilion Energy shareholders vote FOR all proposed items at the upcoming annual general meeting of shareholders

CALGARY, AB - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to announce that leading independent proxy advisory firms Institutional Shareholder Services Inc. ("ISS") and Glass Lewis & Co. ("Glass Lewis") have each recommended Vermilion shareholders ("Vermilion Shareholders") vote "FOR" all the proposed resolutions at the upcoming Annual General Meeting of Shareholders (the "Meeting") to be held on May 3, 2023 at 3:00 pm MT. The [Read more]

Enbridge Inc. to host webcast to discuss 2023 first quarter results on May 5

CALGARY, AB, April 6, 2023 Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) will host a conference call and webcast to provide a business update and review 2023 first quarter results on May 5, 2023 at 7:00 a.m. MT (9:00 a.m. ET). The conference call format will include prepared remarks from the executive team followed by a question and answer session for the analyst and investor community only. Enbridge's media and investor relations teams will be available after the call for [Read more]

Vermilion Energy Inc. announces closing of the Corrib acquisition

CALGARY, AB - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) is pleased to announce the closing of the acquisition of Equinor Energy Ireland Limited ("EEIL") from Equinor ASA on March 31, 2023. The acquisition of EEIL adds an incremental 36.5% interest in the Corrib Natural Gas Project ("Corrib"), increasing Vermilion's operated interest to 56.5%. The acquisition makes Vermilion the largest provider of domestic natural gas in Ireland. We entered into an agreement with Equinor ASA [Read more]