BOE Report

Harvest Midstream accelerates expansion with $1 billion acquisition of MPLX Uinta and Green River Basin gas gathering & processing assets

HOUSTON, Aug. 27, 2025 /PRNewswire/ -- Harvest Midstream ("Harvest") today announced the signing of a purchase and sale agreement with MPLX LP (NYSE: MPLX) for the acquisition of an extensive natural gas gathering and processing network in the Uinta and Green River basins across Wyoming, Utah, and Colorado for $1 billion. The transaction is expected to close in the fourth quarter of 2025 and marks a significant milestone in Harvest's continued evolution into one of the nation's leading privately [Read more]

Eiger Express Pipeline Reaches Final Investment Decision to Transport Growing Natural Gas Production from the Permian Basin to the Gulf Coast Region

AUSTIN, Texas, Aug. 25, 2025 /PRNewswire/ -- WhiteWater today announced that WhiteWater, MPLX LP (NYSE: MPLX), ONEOK, Inc. (NYSE: OKE) and Enbridge Inc. (NYSE: ENB), through their Matterhorn joint venture ("Matterhorn JV"), have partnered with affiliates of ONEOK and MPLX and reached final investment decision to move forward with the construction of the Eiger Express Pipeline, having secured sufficient firm transportation agreements with primarily investment grade shippers. The Eiger Express [Read more]

Consolidation reshapes the U.S. oil and gas industry: EY study finds the sector shrinking from top 50 to top 40 players

Year-over-year mergers and acquisitions (M&A) activity surged 331%, totaling $206.6 billion Focus shifts to future drilling potential through strategic acquisitions Capital returned to shareholders declined NEW YORK, Aug. 19, 2025 /PRNewswire/ -- The U.S. oil and gas industry is experiencing a seismic transformation, driven by a wave of mergers and acquisitions that has narrowed the field of top publicly traded exploration and production companies from 50 to just 40. This shift is [Read more]

Vermilion Energy Inc. Announces $0.13 CDN Cash Dividend for October 15, 2025 Payment Date

CALGARY, AB, Aug. 7, 2025 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) is pleased to announce a cash dividend of $0.13 CDN per common share, payable on October 15, 2025 to all shareholders of record on September 29, 2025. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).   About Vermilion Vermilion is a global gas producer that seeks to create value through the acquisition, exploration and development of liquids-rich [Read more]

EOG Resources Reports Second Quarter 2025 Results and Updates 2025 Guidance

HOUSTON, Aug. 7, 2025 /PRNewswire/ -- EOG Resources, Inc. (EOG) today reported second quarter 2025 results and updated its 2025 guidance. The attached supplemental financial tables and schedules for the reconciliation of non-GAAP measures to GAAP measures and related definitions and discussion, along with a related presentation, are also available on EOG's website at http://investors.eogresources.com/investors. Key Financial Results In millions of USD, except per-share, [Read more]

Vermilion Energy Inc. Announces Results for the Three and Six Months Ended June 30, 2025

CALGARY, AB, Aug. 7, 2025 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to report operating and condensed financial results for the three and six months ended June 30, 2025. The unaudited interim financial statements and management discussion and analysis for the three and six months ended June 30, 2025 will be available on the System for Electronic Document Analysis and Retrieval Plus ("SEDAR+") [Read more]

Enbridge Reports Record Second Quarter EBITDA, Reaffirms 2025 Financial Guidance and Announces Investments To Serve Growing Industrial, Power and LNG Demand

CALGARY, AB, Aug. 1, 2025 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported second quarter 2025 financial results, reaffirmed its 2025 financial guidance and provided a quarterly business update. Highlights (All financial figures are unaudited and in Canadian dollars unless otherwise noted. * identifies non-GAAP financial measures. Please refer to Non-GAAP Reconciliations Appendices.) Second quarter GAAP earnings attributable to common [Read more]

Sempra Infrastructure and JERA Announce Sale and Purchase Agreement for U.S. LNG from Port Arthur LNG Phase 2

HOUSTON, July 31, 2025 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE), and JERA Co., Inc. (JERA) today announced a 20-year sale and purchase agreement for the supply of 1.5 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) offtake from the Port Arthur LNG Phase 2 development project in Jefferson County, Texas. The LNG will be supplied on a free-on-board basis. This agreement marks a major step forward from the non-binding heads of agreement signed in [Read more]

Kiwetinohk announces upcoming second quarter 2025 earnings release

CALGARY, AB, July 24, 2025 /CNW/ - Kiwetinohk Energy Corp. (TSX: KEC) management will host a conference call on July 31, 2025, at 8 AM MT (10 AM ET) to discuss second quarter 2025 results and answer questions. Participants can listen to the conference call by dialing 1-888-510-2154 (North America toll free) or 437-900-0527 (Toronto and area). A replay of the call will be available until August 7, 2025, at 1-888-660-6345 (North America toll free) or 646-517-4150 (Toronto and area) by using the [Read more]

Methane Emissions Intensity of Permian Basin Declined by More than Half in Two Years, New S&P Global Commodity Insights Analysis Finds

New analysis provides the most accurate public, basin-wide estimate of methane emissions for the Permian HOUSTON, July 24, 2025 /PRNewswire/ -- The methane intensity of oil and gas production in the Permian Basin—an area responsible for half of U.S. oil production and one fifth of natural gas—declined by more than 50% during the 2022-2024 period as improved operations, better equipment and the utilization of AI and other advanced technologies led to reductions across all observable plume [Read more]