Russia said on Wednesday that its stance on ending the war in Ukraine has not changed since President Vladimir Putin set out his conditions last year: the full withdrawal of Kyiv's forces from key Ukrainian regions and the abandonment of its NATO ambitions. Putin and U.S. President Donald Trump are due to meet on Friday in Alaska, the first U.S.-Russian summit since 2021, to discuss efforts to end the war. Trump has said both sides will have to swap some of the land they currently hold to [Read more]
News
Cavvy Releases Q2 2025 Financial and Operating Results
Third Party Processing Growth and Strong Hedging Gain Bolsters Cash Flow, Drives Debt Reduction Not For Distribution to United States News Wire Services or Dissemination in United States CALGARY, Alberta, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Cavvy Energy Ltd. (“Cavvy” or the “Company”) (TSX:CVVY) is pleased to announce the release of its second quarter 2025 financial and operating results. The Company produced 26,064 boe/d and generated Net Operating Income1 (“NOI”) of $26.5 million during the [Read more]
Prairie Provident Announces Second Quarter 2025 Results
CALGARY, Alberta, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) announces its financial and operating results for the second quarter of 2025. The Company’s interim financial statements for the three and six months ended June 30, 2025 and related Management’s Discussion and Analysis (“MD&A”) are available on our website at www.ppr.ca and filed on SEDAR+ at www.sedarplus.ca. SECOND QUARTER 2025 FINANCIAL AND OPERATING [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. 12 Parts & Equipment Runner Roska DBO Grande Prairie Aug. 11 Journeyperson Electrician Strike Group Winnipeg Aug. 8 Field Operator Astara Energy [Read more]
Discount on Western Canada Select narrows
The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures narrowed on Tuesday. WCS for September delivery in Hardisty, Alberta, settled at $12.15 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared with $12.25 a barrel on Monday. * The differential between Canadian heavy crude and the U.S. benchmark has trended wider recently, a typical seasonal pattern as the end of the summer driving and road construction season reduces [Read more]
Venture Global wins arbitration case against Shell over contracted LNG cargoes
Venture Global has won a legal battle against Shell over its failure to deliver liquefied natural gas under long-term contracts starting in 2023, the U.S. LNG major said on Tuesday. The company's stock price rose almost 6% in after hour trade as investors cheered the decision. Firms, including Shell, BP, Edison and Galp, filed arbitration claims starting in 2023, accusing Venture Global of profiting from the sale of LNG on the spot market while not providing them with their contracted cargoes [Read more]
Peyto Reports Second Quarter 2025 Results
CALGARY, Alberta, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto" or the "Company") is pleased to report operating and financial results for the second quarter of 2025. Q2 2025 Highlights: Peyto reported $191.3 million in funds from operations1,2 ("FFO"), or $0.95/diluted share, and generated $83.7 million of free funds flow3 in the quarter. Strong FFO was driven by the Company’s industry-leading low cash costs4 and a realized [Read more]
Trinidad awards deepwater blocks to Exxon, could see $21.7 billion investment, minister says
Exxon Mobil could invest as much as $21.7 billion in Trinidad and Tobago if the U.S. energy major finds reserves in a large deepwater area it was awarded on Tuesday to explore for oil and gas in the Caribbean country, Energy Minister Roodal Moonilal said. Moonilal was speaking at an event in Port of Spain where a production-sharing contract was signed with Exxon, marking its return to the country after 20 years. Reuters reported last week that government had agreed to grant Exxon access to an [Read more]
Chevron-chartered tanker docks at Venezuela to load oil after new US license
A Chevron-chartered tanker docked at Venezuelan state company PDVSA's Jose terminal on Tuesday, positioning it to be the first to export crude to the United States under a new license Chevron received in July, LSEG tracking data showed. The U.S. Treasury Department late last month authorized Chevron to operate in the sanctioned OPEC nation again, export its oil and do swaps with PDVSA through a restricted license banning any payments to Venezuela's government. Chevron suspended loading of [Read more]
Logan Energy Corp. announces record production and cash flow with second quarter 2025 results, operations update and management update
CALGARY, AB, Aug. 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 six months ended June 30, 2025, and to provide an operations update as well as an update on the Company's management team. 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 [Read more]
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