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Cenovus announces second-quarter 2026 results

CALGARY, Alberta, July 29, 2026 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced its second-quarter 2026 financial and operating results. In the quarter, the company generated approximately $5.0 billion of adjusted funds flow and $3.8 billion of free funds flow. Operating results in the quarter included Upstream production of 970.4 thousand barrels of oil equivalent per day (MBOE/d)1 and Downstream crude throughput of 451.5 thousand barrels per day (Mbbls/d), [Read more]

“Ugly and rusty,” Venezuela’s refineries are relics that will be hard to revive

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The Paraguana Refining Center in Western Venezuela once symbolized the country's oil wealth and its ambition to turn vast crude reserves into fuels and export revenue. Today, the 955,000-barrel-per-day complex in Falcon state runs at a fraction of capacity, a decline decades in the making and unrelated to the strong earthquakes that struck Venezuela last month. In the months before the quakes, Reuters visited the area surrounding the Amuay and Cardon refineries that make up the Paraguana [Read more]

Oil prices rebound by more than $2 a barrel on prospect of tightening US crude supplies

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Oil prices rose by more than $2 a barrel in early trade on Wednesday on shrinking U.S. crude inventories, recouping some of the previous session's losses caused by a pause in fighting between Washington and Tehran. Brent futures increased by $2.71, or 3.2%, to $86.80 a barrel at 0002 GMT, while U.S. West Texas Intermediate (WTI) crude rose $2.26, or 3.4%, to $81.95. U.S. crude inventories fell by about 3.3 million barrels in the week ended July 24,market sources said on Tuesday, citing data [Read more]

Precision Drilling Announces 2026 Second Quarter Unaudited Financial Statements

CALGARY, Alberta, July 28, 2026 (GLOBE NEWSWIRE) -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. This news release contains references to certain Financial Measures and Ratios, including Adjusted [Read more]

Pulse Seismic Inc. Reports Q2 2026 Financial Results and Declares Regular Quarterly Dividend

CALGARY, Alberta, July 28, 2026 (GLOBE NEWSWIRE) -- Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) is pleased to report its financial and operating results for the three and six months ended June 30, 2026. The unaudited condensed consolidated interim financial statements, accompanying notes and MD&A are being filed on SEDAR+ (www.sedarplus.ca) and will be available on Pulse’s website at www.pulseseismic.com. Today, Pulse’s Board of Directors declared a regular [Read more]

Top US oil trade group opposes Hormuz tolls after Gulf-backed voluntary fee proposal

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The American Petroleum Institute opposes tolls or transit fees for vessels crossing the Strait of Hormuz, the top U.S. oil industry trade group's chief executive Mike Sommers told Reuters in an interview on Tuesday. Reuters reported that Oman has presented Iran with a plan backed by Gulf states to manage the Strait of Hormuz, which includes Tehran collecting voluntary fees from vessels using the waterway, according to a Gulf source and a Western diplomat. Here are some more details: * "I [Read more]

Trican Reports Second Quarter Results for 2026 and Declares Quarterly Dividend

Calgary, Alberta--(Newsfile Corp. - July 28, 2026) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce its second quarter results for 2026. The following news release should be read in conjunction with Management's Discussion and Analysis ("MD&A"), the unaudited condensed consolidated interim financial statements and related notes for the three and six months ended June 30, 2026, as well as the Annual Information Form ("AIF") for the year ended December [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 Jul. 27 Journeyperson Electrician Strike Group Lloydminster Jul. 27 3rd/4th Year Apprentice Electrician Strike Group Edmonton Jul. 27 Journeyperson [Read more]

Cardinal Energy Ltd. Announces Second Quarter 2026 Operating and Financial Results

Calgary, Alberta--(Newsfile Corp. - July 28, 2026) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce its operating and financial results for the second quarter ended June 30, 2026. FINANCIAL AND OPERATING HIGHLIGHTS FROM THE SECOND QUARTER OF 2026 Second quarter 2026 production of 25,636 boe/d increased by 21% compared to the same period in 2025 primarily due to crude oil production additions from the Reford 1 steam-assisted gravity drainage [Read more]