BOE Report

The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures has blown out this month, reaching levels not seen since 2023 as soaring global freight prices put pressure on Canadian barrels being re-exported o

The US Treasury Department said on Monday it was alerting foreign financial institutions that continue to do business with Iran or its financial sector that they may be sanctioned by Washington without advance notice. DETAILS: "Foreign financial instituti

Elon Musk's SpaceX is seeking approval to build a natural gas pipeline in Florida to supply fuel for its rocket launched from Cape Canaveral, according to a state regulatory filing from September. A SpaceX subsidiary, Coastal Connect Services (CCS), has r

HOUSTON-(BUSINESS WIRE)-Chevron Corporation (NYSE: CVX) today announced the following senior leadership changes, effective January 1, 2027: Mark Nelson, currently vice chairman and executive vice president of Oil, Products & Gas, will remain vice chairman

Shipping bottlenecks, deep cuts in refinery output and inventory draws that could take years to replace will keep global oil prices high beyond this year, industry executives said at a conference in London on Monday. Following the start of the US-Israeli

HOUSTON-(BUSINESS WIRE)-Phillips 66 (NYSE: PSX) today announced that Rich Harbison, executive vice president, Refining, has decided to retire, effective Dec. 31, 2026, following a distinguished career and significant contributions to the company. As part

Customers are paying $25 to $28 per million British thermal units for liquefied natural gas without flinching yet, as the Middle East conflict has disrupted supplies, PETRONAS CEO Tengku Muhammad Taufik said on Monday. If the LNG price hits $40 to $50 per

Stocks of crude oil in the U.S. Strategic Petroleum Reserve fell to 283 million barrels last week, the lowest level since October 1982, according to data from the Department of Energy. The drawdowns are part of a U.S. agreement to release 172 million barr

CALGARY - Cenovus Energy Inc. has signed a deal to buy Athabasca Oil Corp. in a cash-and-stock deal valued at $5.7 billion. Cenovus CEO Jon McKenzie says Athabasca's high-quality, long-life assets fit the company's portfolio and provide a clear opportunit

FOR IMMEDIATE RELEASE Acquisition brings nearly a decade of East Texas automation expertise into Noralta's growing service network, with founder Kyle Hester joining the Noralta team TYLER, TX - September 28, 2026 - Noralta Technologies USA Inc. (