BOE Report

News

LNG prices will drop in 2026 to absorb supply surge, but how much?: Russell

0 Comments

The liquefied natural gas market is bracing for a surge in supply next year, largely from top exporter the United States, but what is less certain is just how low spot prices will have to drop to clear the additional volumes. Global supply of the super-chilled fuel is expected to rise to 475 million metric tons in 2026, according to data from commodity analysts at Kpler, a 10.2% gain over the 431 million tons forecast for 2025. To put this figure in context, the expected increase in supply [Read more]

Six US states to watch as rising gas prices drive a coal comeback: Maguire

0 Comments

A jump in natural gas costs has spurred several U.S. utilities to lift coal power output and cut back on gas-fired generation so far this year, reversing a years-long trend of lower coal use and emissions in the country. While the trend has been a national phenomenon, six states - Arkansas, Indiana, Michigan, Ohio, South Carolina and Wisconsin - will play a more prominent role in determining the future trajectory of U.S. coal use if natural gas prices keep climbing. That's because these [Read more]

Prospera Announces Financing Update

CALGARY, Alberta, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (TSX.V: PEI, OTC: GXRFF) (“Prospera”, “PEI” or the “Corporation”) Convertible Debt Offering Prospera Energy Inc. (TSXV: PEI) is pleased to announce an update regarding its previously announced convertible debt offering on May 12th and September 29th, 2025. Due to strong insider participation and higher-than-expected investor interest, the Corporation has increased the size of its non-brokered private placement of [Read more]

Nickel mine, hydroelectric project to be added to major projects list

0 Comments

OTTAWA - The Crawford Nickel Project in Ontario and a hydroelectric project in Nunavut are expected to be added to Canada's major projects list. Prime Minister Mark Carney will be in Terrace, B.C., Thursday to announce the next batch of major projects the government is submitting to its Major Projects Office. A senior Ontario government source says the Crawford Nickel Project, based near Timmins, Ont., will be among the projects Carney announces. Also set to be announced is a [Read more]

Discount on Western Canada Select narrows

0 Comments

The discount on Western Canada Select to North American benchmark West Texas Intermediate futures narrowed on Wednesday. WCS for December delivery in Hardisty, Alberta, settled at $11.50 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared to Monday's close of $11.70. Markets were closed Tuesday in Canada for Remembrance Day. * The differential has been trading in a tight band, ranging between $10.25 and $11.70 under WTI, since September 1. * Analysts point to [Read more]

Logan Energy Corp. Announces Third Quarter 2025 Results and Operations Update

CALGARY, AB, Nov. 12, 2025 /CNW/ - Logan Energy Corp. (TSXV: LGN) ("Logan" or the "Company") is pleased to announce its operating and financial results for the three and nine months ended September 30, 2025, and to provide an operations update. Selected financial and operational information set out below should be read in conjunction with the Company's unaudited interim financial statements and related management's discussion and analysis ("MD&A") as at and for the three and [Read more]

US buys 900,000 barrels of crude for strategic oil reserve

0 Comments

The U.S. Energy Department said on Wednesday that it has bought 900,000 barrels of crude oil for nearly $56 million, a small step in replenishing the Strategic Petroleum Reserve. Trafigura Trading will supply 600,000 barrels while Energy Transfer Crude Marketing will supply 300,000 barrels, an Energy Department document said. The solicitation, which called for up to 1 million barrels, was announced in October. The oil will be delivered in December and January to the Bryan Mound SPR site in [Read more]

Birchcliff Energy Ltd. Announces Q3 2025 Results, Increased 2025 Production Guidance and Preliminary 2026 Budget and Declares Q4 2025 Dividend

CALGARY, Alberta, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its Q3 2025 financial and operational results, updated 2025 guidance and its preliminary 2026 capital budget and guidance. Birchcliff is also pleased to announce that its board of directors (the “Board”) has declared a quarterly cash dividend of $0.03 per common share for the quarter ending December 31, 2025. Chris Carlsen, Birchcliff’s President and [Read more]

Chevron says it expects upside to current estimated oil resource in Guyana

0 Comments

Chevron said on Wednesday it expects that a prolific oilfield in Guyana could hold more than the current estimate of 11 billion barrels of oil equivalent in recoverable resources. "When you think about 11 billion barrels, big fields getting bigger, although we haven't forecast it, I would expect upside," Chevron Vice Chairman Mark Nelson said at the company's investor day in New York City. Chevron gained a 30% stake in the Stabroek Block in Guyana earlier this year when it acquired Hess after [Read more]

MEG Announces Receipt of Final Order for Cenovus Transaction and Preliminary Election Results to Determine the Form of Consideration to be Received by MEG Shareholders

Final Order for the Cenovus Transaction granted by the Court of King's Bench of Alberta Cenovus Transaction anticipated to close Thursday, November 13, 2025 Preliminary election results to determine the form of consideration to be received by MEG Shareholders indicate pro-rationing of Share Consideration elections CALGARY, AB, Nov. 12, 2025 /CNW/ - MEG Energy Corp. (TSX: MEG) ("MEG", or the "Company") is pleased to announce that the Court of King's Bench of Alberta has granted the final [Read more]