OTTAWA - Former cabinet minister Steven Guilbeault is set to resign as a member of Parliament, sources have told The Canadian Press. Guilbeault is expected to inform the Liberal caucus on Wednesday. Guilbeault has become increasingly disillusioned in recent months by what he has called the dismantling of climate policies under Prime Minister Mark Carney. He quit Carney's cabinet last year after Ottawa's energy deal with Alberta was made public. In November 2025, Carney and Alberta Premier [Read more]
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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 May. 26 Field Production Administrator Roska DBO Grande Prairie May. 26 Safety Manager Teine Energy Ltd. Calgary May. 26 FRACTURING TECHNICAL [Read more]
Reported Germany-Canada LNG deal would bolster investment case for Ksi Lisims: Eby
KANANASKIS - British Columbia Premier David Eby says a deal for Canada to supply liquefied natural gas to Germany makes it more likely the Ksi Lisims project on the West Coast will proceed. Eby made his remarks after multiple outlets reported German firm SEFE is poised to buy gas from the proposed $10-billion plant and export terminal near the border with Alaska. Natural Resources Minister Tim Hodgson is poised to make an announcement "regarding international energy exports" in Vancouver [Read more]
Lycos Energy Inc. Announces Q1 2026 Results and Operations Update
Calgary, Alberta--(Newsfile Corp. - May 26, 2026) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to announce its operating and financial results for the three months ended March 31, 2026. Selected financial and operating information is outlined below and should be read with Lycos' unaudited condensed interim consolidated financial statements and related management's discussion and analysis ("MD&A") for the three months ended March 31, 2026, copies of which are [Read more]
Canada to sign deal with Germany’s SEFE for Ksi Lisims LNG, source says
Canada will sign a large-scale LNG agreement with Germany's SEFE for liquefied natural gas from the Ksi Lisims planned export facility on the coast of British Columbia, according to an industry source. The agreement, to be announced Wednesday in Vancouver by Natural Resources Minister Tim Hodgson, comes as Ksi Lisims' backers have been working to finalize contracts with purchasers before making an expected final investment decision this year. Ksi Lisims, SEFE and Canada's natural resources [Read more]
Oil cargo from US emergency reserve heads to Asia, first in over 3 years
A cargo of crude oil from the U.S. Strategic Petroleum Reserve is heading to the Philippines, the first shipment of U.S. emergency reserve oil to Asia since November 2022, ship tracking data showed. Asia receives about 80% of its oil through the Strait of Hormuz, a critical chokepoint that has remained largely closed during the three-month-old Iran war. The closure has upended global oil supplies and sent physical crude prices to record highs, forcing some importers to seek new suppliers. The [Read more]
BP’s board snatches defeat from the jaws of victory: Bousso
The sudden ousting of BP Chairman Albert Manifold over allegations of misconduct less than eight months after he took office plunges the British energy giant into its second leadership scandal in less than three years. These repeated leadership misfires suggest BP’s board is quickly becoming a liability. His departure is related to aggressive conduct towards BP staff, which came to light following a whistleblower complaint, according to sources close to the board. Manifold was hired to [Read more]
Canadian energy minister set to make LNG announcement
Canada’s energy minister will announce a measure related to international energy exports on Wednesday in Vancouver, the federal government said on Tuesday, without providing further details. Natural Resources Minister Tim Hodgson is scheduled to make the announcement at 8:30 a.m. PT, according to a press release from Natural Resources Canada. The press release did not specify the nature of the announcement. The announcement comes as Canada seeks to expand its role in global energy [Read more]
Resonance Energy Ltd – Corporate Divestiture (North Dakota and Alberta Packages)
Deal Summary Resonance Energy Ltd. is evaluating strategic alternatives, which may include the sale of the company and/or certain operated oil and gas assets located in North Dakota and Alberta. The assets, as defined below, may be sold together or separated into North Dakota and Alberta packages, giving buyers flexibility to evaluate the full opportunity or select regional assets. The North Dakota position includes 12,913 net acres in Bottineau County, with 10 operated wells producing [Read more]
NOG Announces Strategic Entry into Canada with Light Oil Duvernay Acquisition; Takes 25% Undivided Stake in Assets with Long-Term Joint Development Agreement
HIGHLIGHTS NOG makes strategic entry into Canada with inventory-rich light oil acquisition in the Duvernay Shale for a CA$350 million (~US$259 million) initial unadjusted purchase price Operated ‘buy-down’ acquisition of a 25% non-operated stake in light oil producing properties with significant undeveloped inventory in Alberta, Canada in the Duvernay East Shale Basin operated by Parallax Energy Operating Inc. (the “Assets”), a portfolio company of investment funds managed by Carnelian [Read more]
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