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News

Parkland, Sunoco clear key U.S. regulatory hurdle for acquisition

September 22, 20259:29 AM The Canadian Press0 Comments

CALGARY - Parkland Corp. and Sunoco LP say they have cleared a key U.S. antitrust hurdle in a US$9.1-billion deal that would see the U.S. fuel distribution giant buy the Calgary-based refiner and retailer. The two companies say the waiting period has expired under the Hart-Scott-Rodino Act, satisfying one regulatory approval that's needed for the deal to close. Under the act, companies planning to merge can't complete certain integration activities until authorities determine the deal will [Read more]

Chevron

The anticipation is over! OSY Rentals is back with their 14th annual OSY Free Hockey Draft

September 22, 20256:15 AM BOE Report Staff

The anticipation is over! OSY Rentals is back with their 14th annual OSY Free Hockey Draft -One entry per person -Free to enter DEADLINE: Tuesday October 7th, 2025 HOW DO I SIGN UP? Sign up is quick, easy, and free! To get started, click here, then enter your name, and pick your players. You don’t need any knowledge of hockey to sign up, it’s just that easy. You will need to sign up for a free account on OfficePools.com to register. You could be the next Grand Prize [Read more]

Parkland Corporation and Sunoco LP Announce Expiration of Hart-Scott-Rodino Act Waiting Period

September 22, 20256:03 AM CNW

CALGARY, AB, Sept. 22, 2025 /CNW/ - Parkland Corporation ("Parkland") (TSX: PKI) and Sunoco LP (NYSE: SUN) ("Sunoco" or the "Partnership") today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the "HSR Act"), in connection with Sunoco's pending acquisition of Parkland (the "Transaction"). The expiration of the waiting period under the HSR Act satisfies an important regulatory approval necessary for the completion of [Read more]

Saudi Arabia crude exports fall to four-month low in July

September 22, 20255:40 AM Reuters0 Comments

Saudi Arabia's crude oil exports in July hit their lowest level in four months, according to data from the Joint Organizations Data Initiative (JODI) released on Monday. Crude exports from the world's largest oil exporter fell to 5.994 million barrels per day, from 6.141 million bpd in June, its lowest level since March 2025. Saudi Arabia's crude output for July was 9.201 million bpd, down from 9.752 million bpd in June. Saudi refineries' crude throughput was 2.978 million bpd, up about [Read more]

Black Diamond Group buying Royal Camp Services for $165 million

September 22, 20255:20 AM The Canadian Press0 Comments

CALGARY - Workforce housing company Black Diamond Group Ltd. has signed a deal to buy Royal Camp Services Ltd. for $165 million. Royal Camp offers remote accommodation and catering in Western Canada. Summit Camps, a wholly owned subsidiary, provides camp services in remote regions, primarily in British Columbia and the Yukon, while Royal Camp also has a partnership with Primco Dene of the Cold Lake First Nations. Black Diamond says the combined company will have nearly 12,000 rooms of [Read more]

Paramount Resources Announces the Disposition of a Portion of its Investment in the Common Shares of NuVista Energy Ltd. and Provides an Operations Update

September 22, 20255:00 AM CNW

This press release is being issued pursuant to section 5.2 of National Instrument 62-104 -Take-Over Bids and Issuer Bids. CALGARY, AB, Sept. 22, 2025 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) announces that it has sold 18,500,000 common shares ("NuVista Shares") of NuVista Energy Ltd. ("NuVista") on September 21, 2025 by means of private agreement (the "Transaction"), with closing to occur on October 1, 2025. Paramount is receiving $16.00 per NuVista Share [Read more]

NuVista Paramount Resources

International Petroleum Corporation Announces Results of Normal Course Issuer Bid

September 22, 20253:00 AM Globe Newswire

TORONTO, Sept. 22, 2025 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 59,454 IPC common shares (ISIN: CA46016U1084) during the period of September 15 to 19, 2025 under IPC's normal course issuer bid / share repurchase program (NCIB). IPC's NCIB, announced on December 3, 2024, is being implemented in accordance with the Market Abuse Regulation (EU) No 596/2014 (MAR) and [Read more]

International Petroleum Corporation

Chevron plots LNG growth in Europe with regasification terminal talks, executive says

September 22, 202512:16 AM Reuters0 Comments

U.S. oil major Chevron is in early-stage talks to explore opportunities in European regasification terminals, as part of its strategy to expand its global presence in the liquefied natural gas market, a senior executive told Reuters. The U.S. has become Europe's top LNG supplier since the continent sharply reduced its imports of Russian gas following Moscow's invasion of Ukraine in 2022. Chevron, which is contracted to export 7 million tons per annum of LNG from the U.S. starting in 2026, [Read more]

Chevron LNG Shell TotalEnergies

The US LNG industry risks becoming victim of its own success: Bousso

September 22, 202512:00 AM Reuters0 Comments

LNG Tanker

The breathtaking expansion of U.S. gas exports in the last decade has reshaped global markets, but a looming global oversupply along with rising power prices domestically could leave the industry exposed on both sides of its value chain. The U.S. has become the world's top exporter of liquefied natural gas (LNG), thanks to its abundant gas supplies from onshore shale. Energy Secretary Chris Wright expects LNG to overtake oil as the top U.S. export in the coming years. President Donald [Read more]

LNG

Iraq increases oil exports, sees extra revenues, state oil marketer says

September 21, 20254:19 PM Reuters0 Comments

Iraq has increased oil exports following the gradual unwinding of voluntary production cuts under an OPEC+ agreement, the country's state oil marketer SOMO said on Sunday. Earlier this month, eight members of OPEC+ agreed to raise production from October by 137,000 barrels per day. OPEC+ has been increasing production since April after years of cuts to support the oil market. The increase in Iraqi exports is expected to generate hundreds of millions of dollars in additional revenues at current [Read more]

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