Global liquefied natural gas (LNG) output is set to jump this year, easing constraints seen since the 2022 Ukraine war and dampening prices, which could spur demand including from top importers China and India, analysts say. This year marks the start of a large wave of supply that analysts expect to last until 2029, depressing prices that could drive more demand from emerging economies. "2026 is expected to be a transitional year for the LNG market," said Kpler. "The market is expected to [Read more]
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Cenovus considers selling some Alberta assets valued around C$3 billion, sources say
Canadian oil producer Cenovus Energy is considering a sale of conventional oil and gas assets in the Deep Basin of Alberta as it looks to cut debt after the recent takeover of oil sands rival MEG Energy, two sources familiar with the matter told Reuters. Cenovus has reached out to potential buyers in recent weeks to gauge interest in the assets, which could fetch around C$3 billion ($2.17 billion), the sources said. They cautioned the plans are still at an early stage, and Cenovus could [Read more]
New oil and gas jobs from 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 Jan. 20 Short Term Field Operator Roska DBO Grande Prairie Jan. 19 Journeyperson Instrumentation Technician Strike Group Cranbrook Jan. 19 Journeyperson [Read more]
Glenfarne Announces Strategic Partnership With Danaos to Advance Alaska LNG
ANCHORAGE, Alaska--(BUSINESS WIRE)--Glenfarne Group, LLC (“Glenfarne”) subsidiary Glenfarne Alaska LNG, LLC, majority owner and developer of the Alaska LNG Project, and Danaos Corporation ("Danaos") (NYSE: DAC), one of the world's largest independent owners of containerships, today announced a strategic partnership to advance Alaska LNG. Under the agreement, Danaos will facilitate the construction and operation of at least six LNG carriers to deliver LNG to global customers and make a $50 [Read more]
Suncor Energy to release fourth quarter 2025 financial results
Calgary, Alberta--(Newsfile Corp. - January 20, 2026) - Suncor Energy (TSX: SU) (NYSE: SU) will release its fourth quarter financial results on February 3, 2026 before 5:00 p.m. MT (7:00 p.m. ET). A webcast to review the fourth quarter will be held on February 4, 2026 at 7:30 a.m. MT (9:30 a.m. ET). A question and answer period with analysts will follow brief remarks from management. To listen to the webcast, please follow the instructions provided at [Read more]
APA curtails quarterly US natgas, NGL production on weak prices
Oil and gas firm APA Corp said on Tuesday it curtailed production by about 91 million cubic feet per day of U.S. natural gas and 7,600 barrels per day of U.S. natural gas liquids in the fourth quarter in response to weak prices. It expects fourth-quarter average realized natural gas prices in the U.S. to be 15 cents per thousand cubic feet (Mcf) and $4.30 per Mcf globally. APA’s fourth-quarter transaction, reorganization and separation costs rose to $36 million, up from $18 million in the [Read more]
Venezuela has received $300 million in funds from oil sales, acting president says
Venezuela's interim president Delcy Rodriguez said on Tuesday that the country has received $300 million from oil sales, the first proceeds from U.S. President Donald Trump's announced 50-million-barrel oil supply deal with Caracas, following the capture of President Nicolas Maduro earlier this month. Trump said separately on Tuesday his country had taken the Reuters reported last week that four Venezuelan banks had been notified by the country's government that they would split $300 million of [Read more]
Birchcliff Energy Ltd. Announces 2026 Budget and Guidance and Updated Five-Year Outlook
Profitable Production Growth Forecast to Reach 105,000 boe/d Annually by 2030 CALGARY, Alberta, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its 2026 budget and guidance and its updated five-year outlook for 2026 to 2030. The Corporation also announces that Birchcliff’s board of directors (the “Board”) has declared a quarterly cash dividend of $0.03 per common share for the quarter ending March 31, [Read more]
Energy minister Dix says North Coast Transmission Line will facilitate LNG project
British Columbia's energy minister Adrian Dix says an agreement between BC Hydro and the Nisga'a First Nation will help power a planned floating LNG terminal in northwestern B.C. across the finish line. Dix says the agreement announced in Prince George, B.C. will see the North Coast Transmission Line supply up to 600 megawatts to what proponents say will be Canada's second-largest LNG facility. The Ksi Lisims LNG project planned for Nisga'a Treaty territory on Pearse Island north of Prince [Read more]
Trump says US has taken 50 million barrels of oil out of Venezuela
U.S. President Donald Trump said on Tuesday that his administration had taken 50 million barrels of oil out of Venezuela, and was selling some of it in the open market. "We've taken 50 million barrels of oil out of Venezuela in the first four days. We've got millions of barrels of oil left. We're selling it in the open market. We're bringing down oil prices," Trump told reporters in a briefing at the White House. (Reporting by Trevor Hunnicutt; Writing by Christian Martinez) [Read more]
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