BOE Report - Canada's Source for Oil & Gas News
The latest oil & gas news, commodity prices, drilling activity, property listings, and jobs for the oil and gas industry in Alberta and Canada.
US data-center power use could nearly triple by 2028, DOE ...
3 days ago · U.S. data center power demand could nearly triple in the next three years, and consume as much as 12% of the country's electricity, as the industry undergoes an artificial-intelligence transformation, according to an unpublished Department of Energy-backed report seen by Reuters. The Lawrence Berkeley National Laboratory report, which is expected to be …
US drillers keep oil and natgas rigs unchanged for second ...
3 days ago · U.S. energy firms this week kept the number of oil and natural gas rigs unchanged for the second week in a row, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, remained at 589 in the week to Dec.
Half US at high risk of power shortfall in next decade ...
6 days ago · About half of the United States is at increased risk of power supply shortfalls in the next decade that could lead to outages and electricity conservation measures, the North American Electric Reliability Corporation said on Tuesday. As U.S. power consumption rises from AI data centers and the electrification of buildings and transportation, efforts to add
Trump wants EU to buy more US oil and gas or face tariffs
3 days ago · U.S. President-elect Donald Trump said on Friday that the European Union may face tariffs if the bloc does not cut its growing deficit with the United States by making large oil and gas trades with the world's largest economy. The EU is already buying the lion's share of U.S. oil and gas exports, according to
Natural gas demand from US LNG export plants heads for first ...
3 days ago · Demand for U.S. natural gas to produce liquefied natural gas (LNG) for export this year is headed for its first decline since the country started exporting the super-chilled fuel from the lower 48 states eight years ago. The U.S. is the world's largest exporter of the superchilled gas and a key provider of gas to
Turmoil at Colombia’s Ecopetrol raises profit fears ahead of ...
3 days ago · Alleged interference by Colombian President Gustavo Petro in majority state-owned Ecopetrol and purges of hundreds of staff to make way for pro-government replacements are fueling fears about the energy company's future profits and contributions to the economy. The worries, according to interviews with workers, ex-employees, a former board member and …