The U.S. Energy Information Administration did not publish its weekly petroleum status report at 10:30 a.m. ET (1530 GMT) as expected. The agency faced technical difficulties publishing the report on time, EIA officials said. The EIA said it was looking into the issue but did not provide a timeline for the data release. (Reporting by Nicole Jao in New York and Arathy Somasekhar in Houston Editing by Rod Nickel) [Read more]
News
Canada West Land Services appoints Greg Kreese as President
CALGARY, Alberta – December 3, 2025 – Canada West Land Services (“CWL”) is excited to announce the appointment of Greg Kreese as President, marking a significant milestone in the company's leadership evolution. Greg will lead CWL’s strategic vision and operational excellence while championing a culture rooted in collaboration and accountability. His appointment underscores CWL's commitment to continuity, growth, and providing exceptional value to clients. "I am honored to step into this role [Read more]
Power Demand for Industrial Facilities: How to Plan Reliable, Scalable Onsite Power Generation with Natural Gas
Designing reliable on-site power generation has become a defining factor in the success of industrial projects across North America. As facilities projects outpace utility capabilities, more industrial operators are considering their own power generation solution to accelerate their project. Incorporating effective power planning is no longer a technical exercise; it is a strategic investment that directly influences uptime, revenue continuity, and long-term operational efficiency. With [Read more]
Enbridge Announces 2026 Financial Guidance, Declares 3% Dividend Increase and Reaffirms Growth Outlook
CALGARY, AB, Dec. 3, 2025 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) announced today its 2026 financial guidance and an annualized common share dividend increase from $3.77 to $3.88 per share, or 3%, effective March 1, 2026. HIGHLIGHTS (All financial figures are unaudited and in Canadian dollars unless otherwise noted. * identifies non-GAAP financial measures. See the Non-GAAP and Other Financial Measures section of this news release) Announced 2026 [Read more]
Pemex debt is red flag for potential partners as Mexico seeks to boost oil output
It has been over a month since the head of Pemex made a plea for partners to help Mexico's ailing state oil company on projects needed to boost dwindling production, but national and international companies have not yet bitten. "We're open," Victor Rodriguez told the assembled executives on October 23, at an energy event in Mexico City. "Bring us your proposals." Pemex's mountain of debts with companies from producers like Italy's Eni to U.S. service giants SLB and Baker Hughes have, along [Read more]
Tamarack Valley Energy Announces 2026 Corporate Budget, Additional Shareholder Returns and Appointment of New Director
CALGARY, AB, Dec. 3, 2025 /CNW/ - Tamarack Valley Energy Ltd. is pleased to announce its 2026 budget and guidance for the upcoming year in respect of the ongoing development of the Company's Clearwater and Charlie Lake assets. Tamarack has designed a scaled 2026 capital investment program of $390 to $410 million to maximize total return while maintaining flexibility in the prevailing commodity price cycle. This moderated capital program is projected to generate year-over-year [Read more]
Kremlin says decision to phase out Russian gas will make EU less competitive
The Kremlin condemned a decision by the European Union on Wednesday to phase out imports of Russian gas by 2027, saying it would doom Europe to becoming less competitive and would lead to higher prices for consumers. The agreement will include a legally binding, stepwise prohibition on liquefied natural gas (LNG) and pipeline gas imports from Russia, with full bans applying from the end of 2026 and autumn 2027, respectively. Russia accounted for 12% of EU gas imports as of October, down [Read more]
International Petroleum Corporation Announces TSX Approval for Renewal of Normal Course Issuer Bid
International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that the Toronto Stock Exchange (TSX) has approved IPC's notice of intention to renew IPC’s normal course issuer bid (NCIB). Under the NCIB, IPC is authorized to purchase, through the facilities of the TSX and/or Nasdaq Stockholm, or as otherwise permitted under Canadian securities laws, as and when considered advisable by IPC, up to 6,468,077 common shares in the capital of the [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 Dec. 1 Oil Battery Operator Roska DBO Fox Creek Dec. 1 Temporary Administrative Position Roska DBO Dawson Creek Dec. 1 Field Operator Roska [Read more]
Russia says no Ukraine compromise reached after five-hour Putin talks with Trump envoys
Russia and the U.S. did not reach a compromise on a possible peace deal to end the war in Ukraine after a five-hour Kremlin meeting between President Vladimir Putin and Donald Trump's top envoys, the Kremlin said on Wednesday. Trump has repeatedly complained that ending Europe's deadliest conflict since World War Two has been one of the elusive foreign policy aims of his presidency. The U.S. president has at times scolded both Putin and Ukrainian President Volodymyr Zelenskiy. Talks in [Read more]
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