Welcome to the BOE Report’s Week in Review! Did you miss something this week? We’ve got you covered. Check out any BOE Intel articles that you missed, and catch up on our most read articles from the week. We have also included the top gainers and fallers in the energy markets this week among our [Read more ..read more

CALGARY, AB, April 26, 2024 /CNW/ – SECURE ENERGY Services Inc. (“SECURE”, the “Corporation”, “we” or “our”) (TSX: SES) is pleased to announce that all of the nominees proposed as directors and listed in the management information circular and proxy statement dated March 11, 2024 (the “Circular”), were elected as directors of the Corporation at [Read more ..read more

Pipeline operator Kinder Morgan said on Friday a fire that erupted on a west Texas natural gas pipeline it operates was extinguished after burning for most of the day. The Houston company declared force majeure on a segment of the pipeline in Ward County, Texas, following the fire, according to a notice filed on a [Read more ..read more

Hess Corp set May 28 for a special meeting of shareholders to vote on Chevron Corp ‘s $53 billion buyout offer, the company said in a securities filing on Friday. Chevron last October offered to acquire Hess Corp in a move to gain a foothold in oil-rich Guyana’s lucrative offshore fields. The deal has been [Read more ..read more

Mexican state oil company Pemex is reversing crude exports cuts of at least 330,000 barrels per day (bpd) planned for May amid a smaller-than-expected oil demand by the company’s domestic refineries, two sources close to the decision said on Friday. Pemex’s international trading unit in April began enforcing exports cuts over supply crude contracts to [Read more ..read more

The Canada Energy Regulator (CER) has six leave-to-open applications left to consider for the 590,000 barrel-per-day Trans Mountain pipeline expansion project, a CER spokesperson said on Friday. The Canadian government-owned pipeline expansion will nearly triple the flow of crude from Alberta to Canada’s Pacific Coast and open up access to Asia and the U.S. West [Read more ..read more

U.S. and European oil companies reported weaker first quarter results on Friday due to a sharp drop in natural gas prices compared with a year ago. Results at oil and gas firms are still retreating from record levels in 2022 that were boosted by a surge in demand after the COVID-19 pandemic and then when [Read more ..read more

Reported earnings of $5.5 billion; adjusted earnings of $5.4 billion Worldwide production 12 percent higher than a year ago Returned $6 billion cash to shareholders; eighth straight quarter over $5 billion Achieved key project milestones in Kazakhstan, East Mediterranean and U.S. SAN RAMON, Calif.–(BUSINESS WIRE)–Chevron Corporation (NYSE: CVX) reported earnings of $5.5 billion ($2.97 per [Read more ..read more

Generated strong first-quarter earnings of $8.2 billion and $14.7 billion of cash flow from operating activities Achieved quarterly gross production of more than 600,000 oil-equivalent barrels per day in Guyana and reached a final investment decision on the sixth major development Grew performance chemical sales volumes and delivered record first-quarter refining throughput1 while maintaining excellent turnaround [Read more ..read more

U.S. natural gas futures slipped on Friday ahead of the expiration of the May contract, weighed down by a drop in feedgas to Freeport LNG’s Texas export terminal and a huge surplus of gas in storage. On its last day as the front-month, gas futures for May delivery on the New York Mercantile Exchange traded [Read more ..read more