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News

Gibson Energy Confirms 2025 Fourth Quarter & Year-End Earnings Release Date and Provides Conference Call & Webcast Details

January 13, 20262:01 PM Globe Newswire

CALGARY, Alberta, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (TSX:GEI) (“Gibson” or the “Company”) announced today that it expects to release its 2025 fourth quarter and year-end financial and operating results on Tuesday, February 17, 2026, after the close of North American markets. The 2025 fourth quarter and year-end management's discussion and analysis and audited consolidated financial statements will be available on the Company’s website at www.gibsonenergy.com and on SEDAR+ at [Read more]

Gibson Energy

Data centers to drive strongest four-year growth in US power demand since 2000, EIA says

January 13, 20261:52 PM Reuters0 Comments

The U.S. Energy Information Administration forecasts U.S. electricity use to rise by 1% this year and 3% in 2027, marking the first time since 2007 that power demand has risen for four years in a row and the strongest four-year growth period since 2000. "The driving factor behind this surge is increasing demand from large computing centers," the EIA added. (Reporting by Ashitha Shivaprasad in Bengaluru) [Read more]

US natgas output to hit record high in 2026, while demand declines, EIA says

January 13, 202612:26 PM Reuters0 Comments

U.S. natural gas output will rise to a record high in 2026, while demand will decline, the U.S. Energy Information Administration said in its Short-Term Energy Outlook on Tuesday. EIA projected dry gas production will rise from a record 107.4 billion cubic feet per day in 2025 to 108.8 bcfd in 2026 and 109.7 bcfd in 2027. The agency also projected domestic gas consumption will decline from a record 91.5 bcfd in 2025 to 90.3 bcfd in 2026 and 90.9 bcfd in 2027. The January projections for [Read more]

Trump set to limit states’ ability to block energy projects in water rule

January 13, 202612:15 PM Reuters0 Comments

The Trump administration on Tuesday proposed a rule revising Biden-era pollution protections for waterways, a move the Environmental Protection Agency said would speed permitting of energy and artificial intelligence infrastructure. The proposed rule would revise a 2023 rule by former President Joe Biden's administration on Section 401 of the Clean Water Act that gave states and tribes authority to protect waterways in their reviews of projects like pipelines and power plants requiring [Read more]

Canadian oil tycoon proposes aiding US in Venezuela’s oil revival

January 13, 202611:57 AM Reuters0 Comments

Oil pump jack

A Canadian tycoon who heads one of North America's fastest-growing oil companies is advocating for his country to lend its heavy oil expertise to the United States as it seeks to rebuild Venezuela's oil industry. Adam Waterous, the executive chair of Strathcona Resources, said Canada's decades of experience extracting oil sands crude make it uniquely qualified to assist in Venezuela, which produces a similar heavy oil, even though some in Canada worry Venezuela could compete with Canada's oil [Read more]

Strathcona Resources

Whiting refinery workers begin contract negotiations with BP

January 13, 202611:56 AM Reuters0 Comments

Workers at BP's refinery in Whiting, Indiana are in contract negotiations with the British oil major, which has proposed changes including job cuts at the 440,000-barrel-per-day facility, the United Steelworkers union said on Tuesday. The local USW union represents around 800 workers at Whiting, the largest refinery in the U.S. Midwest. The current three-year collective bargaining agreement expires on January 31. The union said BP had proposed a series of workplace changes, including [Read more]

TOP WELL REPORT – November volumes – Whitecap Montney on top; ARC Resources most represented; Ovintiv wells get close to 40 mmcf/d

January 13, 202610:50 AM BOE Report Staff

Full production data is out for November! As always, we use calendar day production metrics so these are real volumes produced in the month. StackDX Intel subscribers can generate these reports for themselves whenever they want, and interact with the wells on the StackDX Intel activity map. Subscribers are able to generate top well reports with more wells, on an overall basis, by formation, by company, by area, or by well type. Click here for more details on the StackDX suite of software [Read more]

ARC Resources Athabasca Oil Canadian Natural Resources Cenovus Chevron Kiwetinohk Energy Ovintiv StackDX Intel Tamarack Valley Whitecap Resources

WTI oil discount to Brent largest in eight months as more Venezuelan crude expected in US

January 13, 202610:39 AM Reuters0 Comments

The discount on U.S. crude futures to the global benchmark Brent has grown by around $1 per barrel since the U.S. ousted Venezuelan President Nicolas Maduro on January 3 and took control of the South American country's oil flows, redirecting millions of those barrels to U.S. ports in a move likely to boost U.S. crude exports in the coming months, traders and analysts said. U.S. crude futures were trading at a $4.76 a barrel discount to Brent futures on Tuesday, their largest since April, [Read more]

US crude output to ease in 2026, while demand remains flat, says EIA data

January 13, 202610:30 AM Reuters0 Comments

U.S. crude production will ease in 2026 and 2027 after reaching a record high in 2025, while petroleum demand will hold steady this year, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Tuesday. EIA projected crude production will slide to 13.59 million barrels per day (bpd) in 2026 and 13.25 million bpd in 2027, down from a record 13.61 million bpd in 2025. The agency also projected petroleum and other liquid fuels consumption would hold at [Read more]

Trump tells Iranians to keep protesting, says ‘help is on its way’

January 13, 202610:29 AM Reuters0 Comments

President Donald Trump on Tuesday told Iranians to keep protesting and said help was on the way, but did not elaborate on whether that meant possible U.S. action. "Iranian Patriots, KEEP PROTESTING - TAKE OVER YOUR INSTITUTIONS!!!... HELP IS ON ITS WAY," Trump said in a post on Truth Social. He said he had canceled all meetings with Iranian officials until the "senseless killing" of protesters stopped. Trump has previously said military action is among options he is weighing to punish [Read more]

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