BOE Report - Canada's Source for Oil & Gas News
3 days ago · January 22nd Alberta Crown Land Sale totals $4.3 MM – Highest bonus goes to parcel of land northwest of Rimbey – BOE Intel January 23, 2025 10:06 AM The Alberta Government brought in $4.3 MM on its January 22nd Crown land sale. In total, 7,708.96 hectares were sold at an average price of $555.93/ha.
Trump’s high-wire act to transform US power grid won’t be easy
1 day ago · President Donald Trump's oversight of an increasingly unreliable U.S. power grid requires swift action, he said this week, but there is no easy fix for one of the grid's most complex and troubled areas: long-distance transmission lines. Trump's National Energy Emergency declaration and executive orders detail a long list of interconnected problems dogging an electric
US oil and gas rig count falls to lowest since Dec 2021, Baker …
1 day ago · U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest since December 2021, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and …
Senate panel approves Trump’s picks to run energy, interior …
2 days ago · U.S. Senate committees on Thursday approved President Donald Trump's choices to run energy and environmental policy - officials who, if backed by the full Senate, will seek to maximize fossil fuel output and scrap chunks of climate policy. The panel voted 18-2 to approve former North Dakota governor Doug Burgum to lead the U.S. Department
Trump will declare ‘national energy emergency,’ incoming …
5 days ago · President-elect Donald Trump will sign an executive order declaring a national energy emergency aimed at "unleashing affordable and reliable American energy," an official with the incoming White House said on Monday. Trump, who vowed during his campaign to "drill, baby, drill," will also sign an executive order focused on Alaska, the official said, adding that
Here’s what we know about Trump’s planned executive orders …
6 days ago · Donald Trump plans to issue a flurry of executive orders and directives after he is sworn in as U.S. president on Monday to put his stamp on his new administration on matters ranging from energy to immigration. Two sources familiar with the planning said more than 100 such orders and directives could be released starting
U.S. to return emergency oil reserve to prior levels by year-end
Mar 18, 2024 · U.S. oil stocks in the Strategic Petroleum Reserve (SPR) at year-end will be at or exceeding the level that would have existed prior to massive sales two years ago, U.S. Energy Secretary Jennifer Granholm said on Monday. Stocks will reach those levels in part on the cancellation of congressional-mandated sales of about 140 million barrels,
Oil edges up from two-week lows as investors await US inventory …
Oil prices edged higher on Thursday from two-week lows, with investors eyeing developments in the Middle East and more details on China's stimulus plans, as well as awaiting the release of official U.S. oil inventory data. Brent crude futures rose 17 cents, or 0.2%, to $74.39 a barrel by 0408 GMT, while U.S. West Texas
US crude stockpiles jump as imports climb, gasoline builds as ...
Oct 23, 2024 · U.S. crude oil inventories rose sharply last week as imports ticked higher, while gasoline stocks rose unexpectedly as refineries ramped up output after seasonal maintenance, Energy Information Administration (EIA) data showed on Wednesday. Crude inventories rose by 5.5 million barrels to 426 million barrels in the week ending Oct. 18, the EIA said, compared with
BOE Report Year in Review – A recap of the biggest themes and …
Jan 6, 2024 · #5: Mystery buyer of Montney/Duvernay assets from Athabasca and Murphy officially revealed – BOE Intel (September 5 2023) “On July 31, Athabasca announced that it had entered into a definitive agreement to sell its non-core light oil assets for $160 MM. A few days later on August 3, Murphy announced that “a subsidiary of Murphy signed a Purchase and Sale Agreement to divest a non-core ...