Restructured AER aims a return to its technical roots By Will Gibson on August 20, 2025, 11:11 am MDT Rob Morgan, CEO of the Alberta Energy Regulator. Photo courtesy AER Rob Morgan’s introduction to the energy business was a summer job in the Lloydminster region in 1985, when the University of Saskatchewan chemical engineering student got up close and messy with heavy oil production at the wellhead. “My work boots got very dirty very quickly. That’s the joke about working in [Read more]
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BP’s Whiting refinery restarts but not expected to be at full rates until early next week, IIR says
BP's 440,000-bpd refinery in Whiting, Indiana, was in the process of restarting after flooding disrupted its operations earlier this week, industry monitor IIR said on Wednesday, adding the units would take several days to ramp up. The facility aims to be back running at full rates by early next week, IIR said. The refinery reported flaring due to flooding caused by a severe thunderstorm. BP declined to comment on the refinery's restart timeline. The Whiting refinery, the largest in [Read more]
Crude inventories see sharp decline as exports rise, EIA says
Crude inventories fell sharply last week amid lower imports and a jump in exports, the U.S. Energy Information Administration said on Wednesday. Crude oil stockpiles fell by 6 million barrels to 420.7 million barrels last week, the EIA said, compared with analysts' expectations in a Reuters poll for a 1.8 million-barrel draw. Inventories at the Cushing, Oklahoma, delivery hub rose by 419,000 barrels in the week ended August 15, the EIA said. Oil futures continued to trade in positive [Read more]
Saudi Arabia’s June crude exports fall to lowest since March
Saudi Arabia's crude oil exports slipped in June to their lowest level in three months, according to data from the Joint Organizations Data Initiative (JODI) released on Wednesday. Crude exports from the world's largest oil exporter fell to 6.141 million barrels per day, from 6.191 million bpd in May. Saudi Arabia's crude output for June was 9.752 million bpd, up from 9.184 million bpd in May. Saudi refineries' crude throughput was 2.703 million bpd, down 18,000 bpd from May's 2.721 [Read more]
Oil price smile could leave traders in tears: Bousso
A glaring mismatch between benchmark oil prices and expectations of a looming supply overhang has created an imbalance that could end badly for traders. Major energy forecasting agencies, banks and producers expect oil supplies to far outstrip demand through the coming months and well into 2026 due to both an expected slowdown in demand growth and sharp production increases from OPEC+ and other major producers including the United States, Canada, Brazil and Argentina. The International Energy [Read more]
Group files greenwashing complaint with securities watchdog against Enbridge, Cenovus
CALGARY - A shareholder advocacy group has filed a greenwashing complaint with Alberta's securities watchdog alleging Cenovus Inc., one of Canada's biggest oilsands producers, and Enbridge Inc., the country's biggest crude pipeline operator, have misled investors in their environmental disclosures. Investors for Paris Compliance, which seeks to hold publicly traded companies accountable for their climate commitments, argues the companies have breached the Alberta Securities Act "with [Read more]
TotalEnergies Texas refinery begins small crude unit overhaul, sources say
TotalEnergies began a planned 60-day overhaul on the small crude distillation unit (CDU), along with a reformer and hydrotreaters at its 238,000 barrel-per-day Port Arthur, Texas refinery, people familiar with plant operations said on Tuesday. The 35,000-bpd continuous catalytic reformer (CCR), three diesel hydrotreaters with a combined throughput of 84,000 bpd, along with a 42,000-bpd naphtha hydrotreater and a sulfur block were shut along with the ACU-2 CDU and its associated 51,000-bpd [Read more]
Oil prices rise after supply concerns resurface as Ukraine peace talks stall
Oil prices rose on Wednesday as supply concerns are resurfacing while peace talks ending Russia's invasion of Ukraine are likely to take longer, leaving in place sanctions on Russian crude and raising the chance of further restrictions on its buyers. Brent crude futures were at $65.93 a barrel by 0149 GMT, up 14 cents, or 0.21%. U.S. West Texas Intermediate crude futures for September delivery, set to expire on Wednesday, rose 37 cents to $62.72 a barrel, up 0.59%. The more-active October [Read more]
US to hold more than 30 offshore oil and gas auctions through 2040
U.S. President Donald Trump's administration on Tuesday unveiled a comprehensive schedule to hold more than 30 offshore oil and gas lease sales in the Gulf of Mexico and Alaska's Cook Inlet over the next 15 years. WHY IT'S IMPORTANT The plan fulfills a directive in Trump's One Big Beautiful Bill Act, which passed last month, and is aligned with his administration's energy dominance agenda to boost domestic fossil fuel production. The schedule marks a significant departure from former [Read more]
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 Aug. 19 Local Sour Field Operator Roska DBO Fort St John Aug. 19 LOGISTICS DRIVER - (RDC) Trican Well Service Ltd. Red Deer Aug. 19 LOGISTICS DRIVER - [Read more]
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