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News

Malaysia energy company Petronas has no plans to leave Canada, executive says

June 11, 20256:01 AM Reuters0 Comments

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]

LNG PetroChina Petronas Progress Energy Shell

Discount on Western Canada Select steady

June 11, 20256:00 AM Reuters0 Comments

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]

Canadian Natural Resources Cenovus

Flare Combustion to Flow Wells Meeting Emission Standards

June 11, 20256:00 AM BOE Report Staff

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

June 11, 20255:50 AM TMX Newsfile

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]

Journey Energy

New oil and gas jobs from BOE Report Jobs

June 10, 20254:20 PM BOE Report Staff

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]

LNG PetroChina

Ambrose says western separatism can fizzle out if Ottawa listens to grievances

June 10, 20252:37 PM The Canadian Press0 Comments

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]

Cenovus

US depends on Canadian oil, despite Trump’s comments, Cenovus CEO says

June 10, 20252:30 PM Reuters0 Comments

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]

Cenovus

US energy loan office should fund oil, gas, White House aide says

June 10, 202512:11 PM Reuters0 Comments

The U.S. Energy Department's loan office should fund oil and gas infrastructure, a White House aide said on Tuesday, as President Donald Trump's administration moves away from supporting projects designed to curb climate change. "One of the big problems is, in the past the... Loan Program Office has been used for a lot of these renewable projects," Jarrod Agen, a deputy assistant to the president and executive director of the National Energy Dominance Council, said at a Politico conference on [Read more]

LNG

Cenovus ramping up production at Christina Lake, Alberta oil sands site after shutting for wildfire risk

June 10, 202512:07 PM Reuters0 Comments

Cenovus Christina Lake

Cenovus Energy is in the process of ramping up production at its Christina Lake oil sands site in Alberta after shutting output due to wildfire risk in early June, its CEO confirmed on Tuesday. (Reporting by Amanda Stephenson in Calgary; Writing by Liz Hampton in Denver; Editing by Chris Reese) [Read more]

Cenovus

2 Companies See Multi-Fold Production Boost from Well Recompletions – StackDX Intel

June 10, 202511:26 AM Dan Rutherford

The newest tool from StackDX Intel (formerly BOE Intel) allows users to quickly and easily spot wells that have been recompleted, and their resulting production changes. As the examples below show, some operators are having lots of success reviving old wells with new completion techniques. What exactly is StackDX Intel? See for yourself here with our new website. A couple of interesting examples are shown below, using the new recompletion tool from StackDX Intel, and the production plots [Read more]

Longshore Resources StackDX Intel Torxen Energy

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