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News

Asia gobbles up crude oil, but geopolitics is shifting supplier mix: Russell

February 18, 20266:00 AM Reuters0 Comments

Asia's imports of crude oil are on track to hit a record high in February as the recent strong run continues, but the mix of suppliers is starting to shift in response to geopolitical dynamics. The world's top-importing region is expected to see seaborne arrivals of 28.51 million barrels per day (bpd) in February, the highest total on a daily basis in records compiled by commodity analysts Kpler. The strong February imports come on the heels of robust arrivals of 27.48 million bpd in [Read more]

Saudi Aramco

From Pipelines to Partnerships: Navigating the Intersection of Energy and Community

February 18, 20265:31 AM BOE Report Staff

By Brian Hall, President & CEO GDM Inc. Across Western Canada, pipelines and people are converging faster than policy can adapt, forcing municipalities, operators, and Indigenous nations to rethink energy infrastructure not as assets to manage, but relationships to steward. As communities expand and energy demand rises, Western Canada’s 1643 municipalities face the challenge of balancing urban development with the responsible management of energy infrastructure. Clear, accurate data on [Read more]

New oil and gas jobs from BOE Report Jobs

February 17, 20264:20 PM BOE Report Staff

BOE Report Jobs

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 Feb. 17 Civil / Environmental Engineer Prominent Environmental Consulting (PEC) Calgary Feb. 13 Accounting Analyst Strike Group Calgary Feb. 12 Journeyperson [Read more]

Ovintiv to sell its Anadarko assets for $3 billion

February 17, 20263:14 PM Reuters0 Comments

Ovintiv said on Tuesday it agreed to sell its Anadarko assets in Oklahoma to an undisclosed buyer for $3 billion, as the company sharpens its focus on higher-margin plays in the Permian Basin and Canada's Montney. Shares of the company rose nearly 2% in extended trading. The divestiture delivers on a plan the company outlined in November, when it said it would launch a sale process for the Anadarko assets. The sale comes as North American producers increasingly concentrate capital in [Read more]

NuVista Ovintiv Paramount Resources

Ovintiv Announces Agreement to Sell its Anadarko Assets

February 17, 20263:05 PM CNW

  DENVER, Feb. 17, 2026 /CNW/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) ("Ovintiv" or the "Company") announced today that it has entered into a definitive agreement to sell its Anadarko assets, located in Oklahoma, to an undisclosed buyer, for cash proceeds of $3.0 billion. The sale includes approximately 360 thousand net acres, which represents substantially all of the company's acreage in the play. Month to date production in February is approximately 90 thousand barrels [Read more]

Ovintiv

Logan Energy Corp. Announces a 31% Increase in Year-End 2025 Reserves

February 17, 20263:00 PM CNW

  CALGARY, AB, Feb. 17, 2026 /CNW/ - Logan Energy Corp. (TSXV: LGN) ("Logan" or the "Company") announces the results of the 2025 year end reserves evaluation. 2025 RESERVES EVALUATION HIGHLIGHTS Logan is pleased to provide below select highlights from the results of its oil and gas reserves evaluation as of December 31, 2025 (the "McDaniel Report"), as prepared by its independent qualified reserves evaluator, McDaniel & Associates Consultants Ltd. ("McDaniel"). [Read more]

GLJ Logan Energy Spartan Delta

EQT Corp beats quarterly profit estimates on higher natgas prices

February 17, 20262:45 PM Reuters0 Comments

U.S.-based energy company EQT Corp beat Wall Street estimates for fourth-quarter adjusted profit on Tuesday, benefiting from higher natural gas prices and sales volumes. Power-hungry data centers and a surge in liquefied natural gas (LNG) exports are driving up sales for U.S. natural gas companies, pushing them to increase production to meet rising demand. U.S. natural gas futures rose more than 11% sequentially in the fourth quarter, driven by higher demand and increased pipeline volumes, [Read more]

LNG

Rockpoint Gas Storage Inc. Announces C$427 Million Secondary Bought Deal Offering

February 17, 20262:10 PM CNW

  /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ THE BASE SHELF PROSPECTUS IS ACCESSIBLE, AND THE PROSPECTUS SUPPLEMENT FOR THE OFFERING AND ANY AMENDMENT TO THE DOCUMENTS WILL BE ACCESSIBLE, WITHIN TWO BUSINESS DAYS, THROUGH SEDAR+ CALGARY, AB, Feb. 17, 2026 /CNW/ - Rockpoint Gas Storage Inc. ("Rockpoint" or the "Company") announced today that Rockpoint and BIF II CalGas Carry (Delaware) LLC, BIP BIF II U.S. Holdings (Delaware) LLC, Swan [Read more]

LNG

Expand Energy beats fourth-quarter profit estimates, plans $1 bln debt cut in 2026

February 17, 20262:07 PM Reuters0 Comments

U.S. natural gas producer Expand Energy beat Wall Street estimates for fourth-quarter profit on Tuesday and aims to strengthen its balance sheet with at least $1 billion in debt reduction in 2026. The company benefited from higher prices as U.S. natural gas futures rose over 11% sequentially in the fourth quarter, breaking a falling streak that started in the second quarter, driven by stronger demand and increased pipeline volumes. The average realized price of natural gas was $3.37 per [Read more]

Gibson Energy Announces 5% Dividend Increase & Declares Quarterly Dividend

February 17, 20262:02 PM Globe Newswire

All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (TSX:GEI) (“Gibson”, or the “Company”) announced today that its Board of Directors has approved a quarterly dividend of $0.45 per common share, an increase of $0.02 per common share per quarter. The quarterly dividend is payable on April 17, 2026, to shareholders of record at the close of business on March 30, 2026. This dividend is designated as an [Read more]

Gibson Energy

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