U.S. crude stocks fell last week as refining activity picked up, driving gasoline and distillate inventories higher, the Energy Information Administration (EIA) said on Wednesday. Crude inventories fell by 3.6 million barrels to 432.4 million barrels in the week ended June 6, the EIA said, compared with analysts' expectations in a Reuters poll for a 2 million-barrel draw. Crude stocks at the Cushing, Oklahoma, delivery hub fell by 403,000 barrels in the week, the EIA said. Crude futures [Read more]
News
Argo’s April 2025 Oil Production
Toronto, Ontario--(Newsfile Corp. - June 11, 2025) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") April 2025 oil production was a total of 2,805 barrels for the month, averaging 93.5 barrels per day. Oil prices averaged CDN$60 per barrel and Argo's March oil revenue was $167,959 and net operating cash flow was $95,374. April 2025 Oil Production Argo's interest Argo's Oil Revenue Argo's net operating cash [Read more]
Blacksteel Energy Inc. Announces Additional Amendment to Agreement for the Sale of Girouxville Assets and Shareholder Support Agreements
Calgary, Alberta--(Newsfile Corp. - June 11, 2025) - Blacksteel Energy Inc. ("Blacksteel" or the "Corporation") is pleased to announce that further to its press releases dated March 3, 2025 and May 9, 2025 outlining the sale by the Corporation and its 100% subsidiary Drakkar Energy Ltd. ("Drakkar") of all of its oil producing assets in the Girouxville Area to Perthro (Canada) Inc. ("Perthro") (the "Proposed Transaction"), the parties have agreed to a second amending agreement dated June 10, 2025 [Read more]
Malaysia energy company Petronas has no plans to leave Canada, executive says
Malaysian energy company Petronas has no plans to leave Canada, the CEO of its Canadian subsidiary said on Tuesday, adding the company is committed to decades of LNG exports off the country's West Coast. "The rumor that Petronas is exiting Canada is absolutely not true," said Petronas Canada CEO Mark Fitzgerald, on the sidelines of an energy conference in Calgary. Bloomberg reported last week that Petronas was considering a sale of its Canadian company, formerly known as Progress Energy [Read more]
Discount on Western Canada Select steady
The discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate (WTI) futures held steady on Tuesday. WCS for July delivery in Hardisty, Alberta, settled at $8.80 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, flat to Monday's trade. * WCS discounts have been tight in recent days, partly due to the wildfire situation in Western Canada. * Last week, wildfires burning in Canada's oil-producing province of Alberta prompted several [Read more]
Flare Combustion to Flow Wells Meeting Emission Standards
In Central Alberta, a leading Canadian oil and gas producer has set up and remotely managed a synchronized series of turbines to combust flare gas to aid in the flowing of their oil wells. Six oil wells at a truck offloading production facility have successfully flowed for several months all while meeting Alberta and Canadian Emission Standards. The turbine system combusts roughly 10 decs of gas per day while generating nearly 1 megawatt of useable power where there is minimal infrastructure. [Read more]
Journey Energy Inc. Reviews Its Current Intiatives with Water Tower Research
Calgary, Alberta--(Newsfile Corp. - June 10, 2025) - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey", or the "Company") announces its participation in a fireside chat with Water Tower Research ("WTR") on Wednesday, June 11 2025 at 9:00 AM Mountain Time / 11:00 AM Eastern Time. As part of WTR's ongoing Fireside Chat Series, Jeff Robertson, Managing Director at WTR, will lead an in-depth conversation with Alex Verge, President and Chief Executive Officer of Journey Energy [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 Jun. 7 4th Year Apprentice Pipefitter Strike Group Cold Lake Jun. 7 3rd Year Apprentice Pipefitter Strike Group Cold Lake Jun. 7 Journeyperson [Read more]
Ambrose says western separatism can fizzle out if Ottawa listens to grievances
CALGARY - Former federal cabinet minister Rona Ambrose says the secessionist sentiment in Alberta is an unwelcome source of uncertainty for investors — but it can dissipate quickly if Ottawa handles it right. Ambrose, now deputy chair at TD Securities, made her remarks during a panel discussion at the Global Energy Show. She says there's a feeling of resentment in Alberta and neighbouring Saskatchewan that Prime Minister Mark Carney can't take lightly. But she says outreach and [Read more]
US depends on Canadian oil, despite Trump’s comments, Cenovus CEO says
The U.S. relies on Canadian oil imports, despite comments to the contrary by U.S. President Donald Trump, Cenovus Energy CEO said on Tuesday. Trump has threatened on-again, off-again tariffs on Canada's oil, of which nearly 4 million barrels per day are exported to the United States. Canada is the world's fourth-largest oil producer, and fifth-largest natural gas producer. Trump has previously said the U.S. does not need to import goods, including oil and gas, from Canada. Canada's Prime [Read more]
- « Previous Page
- 1
- …
- 578
- 579
- 580
- 581
- 582
- …
- 3822
- Next Page »