News

U.S. President Donald Trump said on Wednesday he plans to hold talks about the war in Ukraine in coming days after his Alaska summit with Russian President Vladimir Putin in August failed to achieve a breakthrough. Trump has been frustrated at his inability to get a halt to the fighting, which began with Russia's invasion of Ukraine in February 2022, after he initially predicted he would be able to end the war swiftly when he took office last January. Trump said he would be holding talks [Read more]

Russian President Vladimir Putin said on Wednesday that the planned new Power of Siberia 2 gas pipeline would give competitive benefits to China because the world's biggest energy consumer would get gas at a price based on a market formula. Russia and China gave their blessing to the vast pipeline by signing a binding memorandum but have yet to agree on pricing, Gazprom said on Tuesday, underscoring President Xi Jinping's disregard for Western demands that he row back from a deepening [Read more]

Alsace Energy is selling a drill ready project covering two sections of Crown land in Lloydminster Field. Projections call for drilling four Mannville Stack wells (3 Lloyd and 1 Sparky). The prospect is located in east central Alberta T48 R1 W4M, and offsets Baytex, CNRL and a variety of smaller operators. Alsace shot Proprietary 3-D seismic in 2023 across Section 18 and the results confirm structure and boundaries. The Alsace team is anticipating a high rate of success for the first Lloyd [Read more]

Mark your calendars—GDM is delighted to announce the return of its Golf Charity Classic! On September 17, 2025, the greens of the Inglewood Golf and Curling Club will once again come alive with friendly competition, laughter, and community spirit, all in support of Brown Bagging for Calgary’s Kids (BB4CK). Following the overwhelming success of last year’s sold-out tournament, anticipation is high for another unforgettable day on the course. From the moment registration opens at 7:30 AM to the [Read more]

OPEC+ will consider further raising oil production at a meeting on Sunday, two sources familiar with the discussions said, as the group seeks to regain market share. Another boost would mean that OPEC+, which pumps about half of the world's oil, would be starting to unwind a second layer of output cuts of about 1.65 million barrels per day, or 1.6% of world demand, more than a year ahead of schedule. Eight OPEC+ countries are due to hold an online meeting to decide output for October on [Read more]

A global slide in long-dated bonds extended on Wednesday, sending Japan's government borrowing costs to record highs, as mounting concerns over government debt sustainability and long-term inflation also rattled investors in Europe. Spot gold hit all-time high of $3,546.99 earlier in the session as the rush out of long-term government debt, traditionally considered low-risk, sparked a hunt for alternative safe-haven assets. The 30-year Japanese government bond (JGB) yield hit an [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 Aug. 30 SENIOR ACCOUNTS RECEIVABLE ANALYST - (CAT) Trican Well Service Ltd. Calgary Aug. 29 CEMENT BULK DRIVER/OPERATOR - (GPC) Trican Well Service Ltd. Grande [Read more]