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News

2025 SECURE Stampede Charity Party Raises Record-Breaking $1,024,500 For Four Vital Charities

July 11, 20257:01 AM BOE Report Staff

SECURE is proud to announce that the 2025 annual Stampede Charity Party raised a record-breaking $1,024,500 in support of four worthy organizations – STARS, Classroom Champions, KidSport Calgary and Providence. Held during the world-renowned Calgary Stampede, the event brought together more than 800 guests for a rooftop celebration on July 9, featuring a live performance by Canadian rock legend Honeymoon Suite. “We’re incredibly grateful for the generosity and support that helped make this [Read more]

ARC Resources Athabasca Oil Baytex Energy Cenovus Headwater Exploration Obsidian Energy Pembina Pipeline Rubellite Energy Tamarack Valley Tourmaline

July 2025 Energy Market Overview: Volatility & Resilience

July 11, 20256:57 AM BOE Report Staff

GLJ

Authors: Leonard Herchen & Yuchen Wang Overview Q2 2025 certainly delivered no shortage of headline drama when Wall Street’s risk indicators swung sharply following April’s “Liberation Day” court decision involving President Trump, and when tanker insurance premiums surged as Israel and Iran exchanged missile strikes mid‑June. Even so, markets responded with efficiency, with supply chains adapting and regional imbalances being managed without major disruptions. As a result, pricing [Read more]

GLJ LNG

Stocks fall, gold rises after Trump sets tariff sights on Canada

July 11, 20256:11 AM Reuters0 Comments

Global stocks fell on Friday after U.S. President Donald Trump intensified his tariff war against Canada, leaving Europe squarely in the firing line, sparking a modest investor push into safe havens such as gold. The Canadian dollar fell after Trump issued a letter late on Thursday that said a 35% tariff rate on all imports from Canada would apply from August 1. The European Union was set to receive a letter by Friday. The U.S. president, whose global wave of tariffs has upended businesses [Read more]

Canada back in tariff crosshairs

July 11, 20255:15 AM Reuters0 Comments

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Although markets are trying to shrug off the week's U.S. tariff threats as yet another negotiation tactic, there's growing unease at the daily barrage, the latest being a 35% tariff on Canadian goods and higher levies on other countries. It's Friday, so today I'll provide a quick overview of what's happening in global markets and then offer you some weekend reading suggestions away from the [Read more]

Oil climbs on potential Russia sanctions; OPEC+ output, tariffs weigh

July 11, 202512:54 AM Reuters0 Comments

Oil prices rose on Friday after U.S. President Donald Trump said he would make an announcement regarding Russia, raising the prospect of more sanctions on the major oil producer, while tariff concern and rising OPEC+ output capped gains. Brent crude futures were up 19 cents, or 0.28%, at $68.83 a barrel as of 0408 GMT. U.S. West Texas Intermediate crude ticked up 24 cents, or 0.36%, to $66.81 a barrel. So far this week, Brent has added 0.8% and WTI has dipped 0.2%. Both contracts lost [Read more]

July 9th Alberta Crown Land Sale totals $25.3 MM – Montney and Clearwater prospects command premiums – StackDX Intel

July 10, 20253:44 PM Dan Rutherford

The Alberta Government brought in $25.3 MM on its July 9th Crown land sale. In total, 32,416 hectares were sold at an average price of $780.18/ha. Click here to see the full land sale results on StackDX Intel. What exactly is StackDX Intel? See for yourself here with our new website, featuring client testimonials and case studies. There were 2 areas of particular interest that drove the majority of the bonus in this land sale. The first area was west of Grande Prairie (Figure 1). [Read more]

StackDX Intel

Discount on Western Canada Select narrows to $10 a barrel

July 10, 20253:22 PM Reuters0 Comments

The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures narrowed on Thursday to its tightest discount this month. WCS for August delivery in Hardisty, Alberta, settled at $10 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared with $10.15 a barrel on Wednesday. * Thursday's WCS settlement was the tightest discount so far this July, but the differential between Canadian heavy crude and the U.S. benchmark remains wider [Read more]

Trans Mountain Pipeline

Vermilion Energy Inc. Announces Closing of the Saskatchewan Asset Sale

July 10, 20253:00 PM CNW

CALGARY, AB, July 10, 2025 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) is pleased to confirm the closing of the previously announced sale of Saskatchewan assets for gross proceeds of $415 million. The assets are comprised of approximately 10,500 boe/d (86% oil and liquids) of non-core light oil production in Saskatchewan and Manitoba. This transaction marks another significant step in Vermilion's strategic plan to high-grade the asset portfolio that began [Read more]

Vermilion Energy

Brazilian oil could find new destinations in the face of Trump’s tariffs

July 10, 20252:31 PM Reuters0 Comments

Brazil has logistical and commercial flexibility to preserve the competitiveness of its oil on the international market if the 50% tariff announced by U.S. President Donald Trump on Wednesday comes into effect on August 1, experts told Reuters. Oil is the main product on Brazil's export list to the U.S. and until now was exempt from the 10% tariff applied this year to Brazilian exports, but it is unclear whether that will remain the case with the new 50% tariffs. "These tariffs may [Read more]

Equinor Shell TotalEnergies

Gibson Energy Confirms 2025 Second Quarter Earnings Release Date and Provides Conference Call & Webcast Details

July 10, 20252:01 PM Globe Newswire

CALGARY, Alberta, July 10, 2025 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (TSX:GEI) (“Gibson” or the “Company”) announced today that it expects to release its 2025 second quarter financial and operating results on Monday, July 28, 2025, after the close of North American markets. The 2025 second quarter management's discussion and analysis and unaudited consolidated financial statements will be available on the Company's website at www.gibsonenergy.com and on SEDAR+ at www.sedarplus.ca. Earnings [Read more]

Gibson Energy

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