BOE Report

ARC Resources Ltd. announces consolidation of condensate-rich Montney assets at Kakwa

CALGARY, AB, May 14, 2025 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Company") today announced it signed a definitive agreement to acquire condensate-rich Montney assets in the Kakwa region in Alberta (the "Assets") from Strathcona Resources Ltd. in an all-cash transaction valued at approximately $1.6 billion(1) (the "Transaction"). The Transaction has an effective date of April 1, 2025 and is expected to close in early July 2025, subject to customary closing conditions. The Assets, [Read more]

Strathcona Announces Q1 2025 Conference Call

CALGARY, AB, May 9, 2025 /PRNewswire/ - Strathcona Resources Ltd. ("Strathcona" or the "Company") (TSX: SCR) will release its first quarter 2025 financial and operating results after market close on May 15, 2025. Strathcona will host a conference call on May 16, 2025, starting at 9:00AM MT (11:00AM ET), to review the Company's first quarter 2025 results.   Date: Friday, May 16, 2025 Time: 11:00AM ET (9:00AM MT) URL Entry: To join without operator [Read more]

Whitecap Resources Inc. and Veren Inc. Announce Receipt of Final Order for Plan of Arrangement

CALGARY, AB, May 8, 2025 /PRNewswire/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) and Veren Inc. ("Veren") (TSX: VRN) (NYSE: VRN) are pleased to announce that the Court of King's Bench of Alberta has granted the final order in connection with the previously announced plan of arrangement under Section 193 of the Business Corporations Act (Alberta) (the "Business Combination"), pursuant to which Whitecap will acquire all of the issued and outstanding common shares of Veren. Under the terms [Read more]

Whitecap Resources Inc. and Veren Inc. announce results of Special Shareholder Meetings

CALGARY, AB, May 6, 2025 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) and Veren Inc. ("Veren") (TSX: VRN) (NYSE: VRN) are pleased to announce that the shareholders of each company have voted in favour of the previously announced business combination between Whitecap and Veren (the "Business Combination"). On May 6, 2025, Whitecap and Veren held special shareholder meetings virtually, via live webcasts, with each company's shareholders voting on resolutions in connection with the [Read more]

Parkland Reports 2025 First Quarter Results

CALGARY, AB, May 5, 2025 /PRNewswire/ - Parkland Corporation ("Parkland", "we", the "Company", or "our") (TSX: PKI), today announced its full financial and operating results for the three months ended March 31, 2025.   "Our first quarter of 2025 saw a recovery from 2024 as the refinery offset a slow start to the year and a one-time $53 million impact due to a decision to exit the California compliance market," said Bob Espey, President and Chief Executive Officer. "It is still early [Read more]

Shell EVP Gulf of America appointed President, Shell USA

HOUSTON, May 5, 2025 /PRNewswire/ -- Gretchen Watkins, President, Shell USA since July 1, 2018, will step down, effective July 31, 2025, after seven years in role. Colette Hirstius, currently Executive Vice President, Gulf of America, will take on the responsibility of President, Shell USA, in addition to her current role as Executive Vice President, Gulf of America, effective August 1, 2025. Wael Sawan, Chief Executive Officer, Shell, said: "I would like to thank Gretchen for her service [Read more]

ARC Resources Ltd. announces approval of resolutions at Annual and General Meeting of Shareholders

CALGARY, AB, May 2, 2025 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Corporation") is pleased to announce that its shareholders approved all resolutions at its Annual and General Meeting of Shareholders (the "Meeting") held on May 2, 2025. During the business proceedings of the Meeting, ARC's shareholders approved the following resolutions: 1.     Resolution to appoint 11 board members, with 93.64 per cent to 99.69 per cent of shares represented at the Meeting voting in favour of [Read more]

Overwhelming support from engaged women across Canada for growing energy independence and expanding energy exports: Canada Powered by Women

89 per cent of engaged women support reducing reliance on U.S. trade, amidst tariff war.  85 per cent want to see increased pipeline and refining capacity within Canada. 73 per cent support a vision of Canada as a self-reliant, economically strong nation powered by increased oil and gas production and exports. CALGARY, AB, April 8, 2025 /CNW/ - Today, Canada Powered by Women released new research showing overwhelming support from engaged women for prioritizing Canada's energy and economic [Read more]

Parkland Announces 2025 Board Nominees and Filing of Management Information Circular

Adds Three Simpson Nominees to its Board Slate, and will Include One on the Special Committee Overseeing the Strategic Review Appoints Brad Monaco as permanent Chief Financial Officer, effective immediately CALGARY, AB, April 7, 2025 /PRNewswire/ - Parkland Corporation ("Parkland", "we", the "Company" or "our") (TSX: PKI) will today file a management information circular and accompanying materials in connection with its upcoming annual general meeting of shareholders ("AGM"), scheduled to [Read more]

Sinopec Discovers Record Amounts of Shale Oil in Its East China Shengli Oilfield

Shengli Oilfield leads exploration breakthroughs with theoretical innovation, stimulates cost reduction and efficiency improvements with technological progress, and boosts both quantity and quality enhancements with equipment upgrades, driving shale oil exploration and development in China to new heights. ZIBO, China, April 1, 2025 /PRNewswire/ -- China Petroleum & Chemical Corporation's (HKG: 0386, "Sinopec" or "the Company") announced the discovery of over 140 million tonnes of proven [Read more]