President Donald Trump is expected to announce on Wednesday plans to tap South Korea's pledged $350 billion strategic investment package for about $54 billion to help build a liquefied natural gas facility in Alaska and fund other U.S. projects, according to two people familiar with the discussions. The announcement would be part of a series of economic and investment deals Trump is highlighting ahead of November's midterm elections, as he seeks to reinforce his economic record amid voter [Read more]
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Trio Petroleum announces Lloydminster acquisition with Cummings multilateral oil well and workover production growth opportunity
Boca Raton, Florida., Sept. 30, 2026 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: TPET) ("Trio" or the "Company"), today announced the acquisition by its Canadian subsidiary of 24 oil wells, with 4 producing and 20 shut-in heavy-oil assets, from Marlin Resources Ltd. ("Marlin"), an active operator in Saskatchewan's Lloydminster region. The acquisition would combine approximately 37 barrels of oil per day (“BOPD”) of current production with identified existing-well workover upside, [Read more]
What is Alaska LNG and why does the project face doubts?
President Donald Trump could unveil plans as soon as Wednesday to tap South Korea's pledged strategic investment package for about $54 billion to build a liquefied natural gas project in Alaska, as he rolls out a series of economic initiatives ahead of November's midterm elections. WHAT IS THE ALASKA LNG PROJECT? The Alaska LNG project is a proposed $44.5 billion to $54.5 billion development to transport natural gas from Alaska's North Slope in the state's far north through a pipeline to [Read more]
Gulf crude oil exports return to 2025 level, Goldman Sachs says
Goldman Sachs estimates Gulf oil exports, including "dark exports" involving ships operating with their location transponders turned off, have recovered to 23.3 million barrels per day over the last week, in line with their 2025 average, as exports doubled in September, it said in a note on Tuesday. It noted that the recovery was driven by increased exports through the Strait of Hormuz, including via ship-to-ship transfers. * Estimated crude exports accounted for nearly 90% of the [Read more]
How the US controls Iraq’s oil revenues
US forces are set to withdraw on Wednesday from their last bases in Iraq, a departure celebrated as a victory by Iran and its allies, which have deep influence in the country where 4,500 Americans died during more than two decades of war. Still, since its 2003 invasion of Iraq, the US has held effective control of the country's oil revenue dollars, giving Washington extraordinary leverage over Baghdad's affairs, with implications for regional dynamics involving Iran. HOW DOES THE US [Read more]
Oil gains after Trump denies he is willing to ease sanctions on Iran
Oil prices rose on Wednesday after US President Donald Trump denied he would be willing to ease sanctions on Iran while Qatar pushed for peace talks, after falling in the previous session on a recovery in crude supply from the Middle East. The Brent futures November contract, which is expiring on Wednesday, rose 71 cents, or 0.69%, to $103.30 a barrel by 0408 GMT. The more active December contract rose 35 cents to $96.51. US West Texas Intermediate crude gained 43 cents, or 0.48%, to [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 Sep. 29 Purchaser Roska DBO Chetwynd Sep. 28 Plant Operator - 14/14 Camp Position Roska DBO Grande Prairie Sep. 25 Tax Analyst PetroChina [Read more]
Trump set to tout Korean investment in Alaska LNG, other projects
President Donald Trump could announce as soon as Wednesday that his administration intends to use South Korea's strategic investment fund for several major US projects including roughly $54 billion for the planned Alaska LNG facility, according to two people familiar with the discussions. The move would come as part of a flurry of economic and investment announcements ahead of November's midterm elections, as Trump seeks to bolster his administration's economic record to shore up voter [Read more]
Coelacanth Energy Announces Completion of its Private Placement
CALGARY, AB, Sept. 29, 2026 /CNW/ -- Coelacanth Energy Inc. (the "Company" or "Coelacanth") (TSXV: CEI) is pleased to announce, further to its news release dated September 21, 2026 and in conjunction with the previously announced hiring of Jonathon Hanson as VP Engineering, it has closed its previously announced non-brokered private placement offering (the "Offering") pursuant to which the Company issued to Mr. Hanson 325,715 units of the Company ("Units"), at a price of $0.70 per Unit, for [Read more]
AER releases annual Alberta Energy Outlook
The Alberta Energy Regulator has released its latest Alberta Energy Outlook (ST98), providing a comprehensive source of data on the province’s oil, natural gas and broader energy sector. Published annually, ST98 includes the AER’s latest information on Alberta’s hydrocarbon reserves along with supply and demand outlooks for crude bitumen, conventional crude oil, natural gas, natural gas liquids and coal, as well as emerging energy resources. This year’s report includes a full update to [Read more]
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