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BOE Report - Canada's Source for Oil & Gas News
By Our Readers, For Our Readers – the Polar Vortex is back, Alberta gas storage (finally) normalizing, natural gas powered data center demand won’t go away, and misperceptions about the importance of Canadian oil in the US February 14, 2025 5:40 AM There is so much quality content being provided on X these days, and going forward, we want to provide our readers …
US natgas prices jump 8% to 3-week high as cold freezes wells
1 day ago · U.S. natural gas futures jumped about 8% on Tuesday to a three-week high, as extreme cold in some parts of the country cut output by freezing oil and gas wells, while gas flows to liquefied natural gas (LNG) export plants reached records and forecasters predicted more cold weather and higher heating demand over the next
US aims to ‘get out of the way’ of oil and gas, says energy ...
2 days ago · U.S. Energy Secretary Chris Wright said on Monday his top priority was for the government to "get out of the way" of the production of oil, gas and coal, adding that a number of approvals for gas projects were in the queue. "Number one (focus) is get out of the way of the production, export
US drillers add oil and gas rigs for third week in a row ...
5 days ago · U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of …
Brazil to join OPEC+, group of major oil-exporting nations
1 day ago · BRASILIA, Brazil (AP) — Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country's evolution into a major oil state just nine months ahead of hosting the United Nations' annual climate summit. The National Council for Energy Policy's approval came in response to an official invitation in 2023. The
Trump approves LNG exports, creates energy council to boost ...
5 days ago · President Donald Trump's administration said on Friday it has granted a liquefied natural gas export license to Commonwealth LNG in Louisiana, the first approval of exports of the resource after former President Joe Biden paused them early last year. The exports are approved to markets in Asia and Europe. Trump also signed an executive order
US natgas prices climb 4% to two-week high on rising LNG ...
6 days ago · U.S. natural gas futures climbed about 4% to a two-week high on Thursday on rising flows to liquefied natural gas (LNG) export plants, a drop in daily output and forecasts for cold weather and higher demand over the next two weeks than previously expected. Prices rose despite forecasts for the return of mild weather in