Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and easy to use. Posting Date Job Title Company Location Jul. 7 Heavy Equipment Operator Strike Group Edson Jul. 7 Safety and Compliance Coordinator Roska DBO Fort McMurray Jul. 7 QA/QC Inspector - Level 1 or [Read more]
News
Iran says US breached war-ending memorandum by restoring oil sanctions
Iran's foreign ministry condemned a U.S. Treasury move to revoke the temporary suspension of sanctions on Iranian oil sales, saying the decision breached the Islamabad memorandum on ending the war and holding Washington responsible for the consequences. The ministry said Iran would take any measure it deemed necessary to safeguard its interests and national security. The United States on Tuesday re-imposed sanctions on Iranian oil, as a U.S. official warned that Iran's attacks on vessels [Read more]
Trans Mountain pipeline reaches settlement with oil shippers on tolling dispute
Trans Mountain said on Tuesday it reached a settlement with oil shippers after 18 months of negotiating a dispute about the tolls the pipeline charges its customers to carry oil. Trans Mountain, which is owned by the Canadian government, said the deal represents the "substantial majority" of its contracted shipping volumes and has been submitted to the Canada Energy Regulator for approval. As part of the negotiated deal, Trans Mountain said it will seek permission from the regulator to [Read more]
Discount on Western Canada Select narrows
The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures narrowed on Tuesday. WCS for August delivery in Hardisty, Alberta, settled at $14.95 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, compared to $15.15 on Monday. * The discount has unwound most of the tightening that took place in June. This month's widening trend is due to increased volumes of oil transiting through the Strait of Hormuz and the ongoing [Read more]
Hemisphere Energy Announces Normal Course Issuer Bid Renewal
Vancouver, British Columbia--(Newsfile Corp. - July 7, 2026) - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") is pleased to announce that the TSX Venture Exchange (the "TSX-V") has accepted the Company's Notice of Intention to renew of its Normal Course Issuer Bid (the "NCIB") to purchase for cancellation, from time to time, as Hemisphere considers advisable, up to 7,914,281 common shares ("Common Shares") of the Company, representing approximately 10% [Read more]
Gibson Energy Announces $400 Million Senior Unsecured Note Offering Due 2034
All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta, July 07, 2026 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (TSX:GEI) (“Gibson” or the “Company”) announced today that it has agreed to issue $400 million of 4.45% senior unsecured notes due January 9, 2034 (the “Notes”). The offering is expected to close on July 9, 2026, subject to customary closing conditions. Gibson intends to apply the net proceeds from the offering toward the repayment of outstanding debt [Read more]
US revoking license that authorized Iranian oil sales, official says
The United States is revoking a general license that authorized the sale of Iranian oil, a U.S. official said on Tuesday, warning that Iran's actions in the Strait of Hormuz were "wholly unacceptable" and would be met with consequences after attacks on tankers in the strategic waterway. Oil prices rose more than 3% following the announcement. The U.S. official said negotiators continued to work in good faith toward a final agreement with Iran despite the latest escalation. The U.S. move came [Read more]
Trans Mountain Reaches Settlement Agreement with Shippers
Agreement establishes long-term commercial framework for tolls and service New Open Season offers additional capacity Calgary, Alberta--(Newsfile Corp. - July 7, 2026) - Trans Mountain Corporation ("Trans Mountain") announced today that it has filed a negotiated Settlement with the Canada Energy Regulator ("CER") covering tolling, tariff and service-related matters on the Trans Mountain Pipeline System ("System"). The parties to the Settlement Agreement ("Settlement") represent the [Read more]
Global oil output to return to pre-Iran war level by year’s end, US EIA says
Global oil output and trade flows should rebound fully by the end of this year from the disruptions caused by the Iran war, the U.S. Energy Information Administration said on Tuesday. Global benchmark Brent crude oil prices will average around $74 a barrel in the spot market during the third quarter of this year, down from an average of $85 in June, the EIA said. The agency had last month forecast Brent prices would average over $101 a barrel in the third quarter. The months-long blockade [Read more]
US power use to beat record highs in 2026 and 2027 as AI use surges, EIA says
U.S. power consumption, which hit its second straight annual record high in 2025, will rise further in 2026 and 2027, driven by AI-hungry data centers and electrification, the Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on Tuesday. The EIA projected power demand will rise from a record 4,195 billion kilowatt-hours (kWh) in 2025 to 4,269 billion kWh in 2026 and 4,399 billion kWh in 2027. Demand is surging in large part due to data centers dedicated [Read more]
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