Oil prices recovered slightly on Wednesday, after dipping to one-month lows in the previous session amid signs that Ukraine is nearing a peace deal with Russia that would likely lead to the end of international sanctions on Russian supply. Brent crude futures rose 19 cents, or 0.3%, to $62.67 a barrel as of 0114 GMT, while U.S. West Texas Intermediate crude futures gained 14 cents, or 0.24%, to $58.09 a barrel. Both contracts settled down 89 cents on Tuesday after Ukrainian President [Read more]
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Venture Global, Tokyo Gas sign 20-year LNG supply deal
Venture Global said on Tuesday it has signed a 20-year sales and purchase agreement, or SPA, with Japan's capital city gas supplier, Tokyo Gas, to supply it with 1 million metric tonnes per annum of liquefied natural gas, starting in 2030. The agreement marks Venture Global's fourth long-term contract with a Japanese company and the U.S. LNG exporter has in the last six months signed SPAs for 7.75 million tonnes per annum of the superchilled gas, the company said in a statement. Venture Global [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 Nov. 25 Site Administrator Strike Group Calgary Nov. 20 Journeyperson Pipefitter Strike Group Edson Nov. 19 Administrative Assistant - Field Roska [Read more]
AltaGas Activates Contingency Plan to Maintain Uninterrupted Ripet Export Operations Amid Labour Disruption
CALGARY, AB, Nov. 25, 2025 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) has activated its contingency plan to maintain steady operations at the Ridley Island Propane Export Terminal ("RIPET") in response to a pending labour disruption. The International Longshore and Warehouse Union ("ILWU") Local 523B, representing RIPET union employees, has initiated strike action and elected to proceed with a labour strike on November 27, 2025. While AltaGas is disappointed that a [Read more]
Quebec begins consultations on potential revision of greenhouse gas targets
MONTRÉAL - Quebec is beginning consultations at the provincial legislature on whether to revise its greenhouse gas emission reduction target. The province committed to reducing its annual emissions by 37.5 per cent below 1990 levels by 2030 in the wake of the 2015 Paris Agreement on climate change. Environment Minister Bernard Drainville told the consultation the province is about halfway to the target, with a 19 per cent reduction over 1990 levels. But he says achieving the other half [Read more]
In photos: Canada’s emerging LNG sector
Long-awaited natural gas export industry taking shape By CEC Staff on November 25, 2025, 9:20 am MST The first export cargo left the LNG Canada terminal at Kitimat, B.C., on July 1, 2025. Photo courtesy LNG Canada Canada’s long-awaited LNG sector is taking shape, with the first export terminal operating and construction well underway on two more major projects. Here’s a look at recent company photos showing progress on LNG Canada, Woodfibre LNG and Cedar LNG, laying the [Read more]
Saskatchewan government says budget on course to record $427M deficit at year’s end
REGINA - This year’s Saskatchewan budget is sinking deeper into the red, mainly due to the cost of fighting the summer’s wildfires. Finance Minister Jim Reiter, in a mid-term update on the budget, says the projected year-end deficit is expected to be $427 million. It's a major swing from when the budget was introduced in the spring. At that time, Premier Scott Moe’s government was projecting a $12-million surplus, but in August the bottom line was revised to a $349-million deficit [Read more]
Gibson Energy to Host Investor Day on December 2, 2025
CALGARY, Alberta, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (TSX: GEI) (“Gibson” or the “Company”) announced today that it will host an Investor Day on the morning of December 2, 2025, in Toronto, Ontario. A live webcast will be available for all interested participants. Members of Gibson’s senior executive team will provide an update on the Company’s strategy, operations, recent developments and long-term plan. Event Details Date: December 2, 2025 Time: 8:30am Eastern Time [Read more]
Canada’s first step to becoming a Global Energy Power – finding common ground
Energy is at the heart of everything, and energy production should be exciting and dynamic and positive. It is not. Here, in large reason, is why. Consider the following passages, emphasis added. “The West as America is the total geopolitical opponent of Russia…The positional geopolitical war with America has been and continues to be the essence of all Eurasian geopolitics, beginning in the middle of the 20th century, when the role of the United States became obvious. In this regard, the [Read more]
The Montney Proppant-Production Connection
An alternative method of proppant forecasting, using a direct correlation between gas production and proppant use can reduce many of the uncertainties associated with traditional forecast techniques. With the recent additions of LNG Canada Phase 2 and the Ksi Lisims LNG project to the first tranches of the Federal government’s Major Projects list, industry observers can be forgiven for having a rosier long-term outlook for Western Canadian natural gas development. Along with Ksi Lisims, two [Read more]
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