News

Oil prices fell on Wednesday as an industry report showing crude and fuel inventories rose last week in the U.S., the world's biggest crude consumer, reinforced mounting concerns that supply is exceeding demand in the market. Brent crude futures dropped 28 cents, or 0.43%, at $64.61 a barrel as of 0200 GMT, after gaining 1.1% in the previous session. U.S. West Texas Intermediate crude futures were down 24 cents, or 0.4%, at $60.5 a barrel, after rising 1.4% on Tuesday. U.S. crude and fuel [Read more]

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. 18 Field Operator Roska DBO Medicine Hat Nov. 18 Field Operator Roska DBO Rocky Mountain House Nov. 18 Senior Operations Administrator Lotus Creek [Read more]

Rising power demand driven by data centers is shrinking U.S. electricity supplies and increasing the risk of energy shortages if extreme winter weather strikes this year, the North American Electric Reliability Corporation said on Tuesday. The swift proliferation of data centers in the U.S., along with the electrification of buildings and transportation, is driving up electricity use across the country faster than new power supplies are added to the grid. That dwindling supply can raise the [Read more]

A race is on among energy companies to build a major fuel pipeline to the U.S. West Coast, a potentially lucrative prize as the planned closure of two California refineries threatens to send gasoline prices in the isolated market soaring. Motorists in West Coast states have long paid some of the country's highest fuel prices due to limited regional production and minimal connectivity to the Gulf Coast refining hub. There are no pipelines delivering fuel to California from across the Rocky [Read more]

OTTAWA - Prime Minister Mark Carney on Tuesday defended making a commitment to carbon emission targets to get the government's spending plan over the finish line. Carney told reporters before the weekly cabinet meeting in Ottawa that he was "very pleased" his government narrowly won the crucial budget vote on Monday night. “This is about empowering Canadians. It’s about helping all Canadians get ahead, protecting our way of life, protecting our transfers to Canadians, getting affordability [Read more]

Just minutes from its head office, Gabbez is a major contributor to the Frog Lake Water Treatment Project. This critical initiative will deliver clean, reliable water to the Frog Lake community while creating lasting local benefits. The company is managing the civil and utility construction of the new plant, which will enhance water infrastructure and provide meaningful employment opportunities for local residents. With over 50% of the workforce comprising Indigenous Employees, a large [Read more]