CALGARY, Alberta, Dec. 22, 2025 (GLOBE NEWSWIRE) -- NuVista Energy Ltd. (TSX: NVA) ("NuVista") is pleased to announce that it has filed its management information circular (the "Circular") and accompanying materials for the upcoming special meeting (the "Meeting") of the holders (the "Shareholders") of common shares of NuVista ("NuVista Shares") in connection with the previously announced plan of arrangement (the "Arrangement") involving NuVista, the Shareholders, Ovintiv Inc. ("Ovintiv") and a [Read more]
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Petrus Resources Announces Monthly Activity Update
CALGARY, Alberta, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to announce the most recent version of the Company’s monthly activity update can be found on the Company's website at https://www.petrusresources.com/monthlyupdates. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. FOR FURTHER INFORMATION PLEASE CONTACT: Ken [Read more]
Nova Scotia ready for private companies to start exploring for onshore natural gas
HALIFAX - The Nova Scotia government is working with Dalhousie University to issue a call for companies interested in exploring for onshore natural gas in the province. The $30-million project will see the university conduct research and set qualification criteria for companies interested in drilling exploratory wells. Companies will still need regulatory approval from the Department of Energy before they can start drilling. The government also says it may take equity stakes in drilling [Read more]
Oil loading in Venezuela slows, more ships make U-turns after new US interceptions
Tanker loading in Venezuela dwindled on Monday, with most ships moving oil cargoes only between domestic ports following U.S. action against two more ships and as state-run energy company PDVSA struggles to recover from a cyberattack, according to tracking data and sources. The U.S. Coast Guard this month seized a supertanker under sanctions carrying Venezuelan oil and tried to intercept two more Venezuela-related ships over the weekend, U.S. authorities said. One of them is an empty ship under [Read more]
Total Directional Services Announces Entry into Canada and Appointment of CEO
Strategic changes designed to position the company for further growth. HOUSTON, Dec. 22, 2025 /CNW/ -- Total Directional Services, LLC (" Total Directional "), a leading provider of directional drilling and measurement-while-drilling (MWD) services, today announced as part of its long-term growth plans that it has entered the Canadian market through the formation of a new Calgary-based company, TDS Energy Services Inc. (" TDS Energy "), and appointed Tim Hart as the Chief Executive Officer. [Read more]
Canada November producer prices rise 0.9 % on petroleum and precious metals
Producer prices in Canada rose by 0.9% in November from October on higher prices for energy and petroleum products, as well as primary non-ferous metal products, Statistics Canada said on Monday. The increase followed an upwardly revised 1.7% increase in October. Raw materials prices were up 0.3% in November, and were up 6.4% on the year. INDUSTRIAL PRODUCT PRICES (pct change) Month-on-month Year-on-year Nov Oct(rev) Oct(prev) Nov Oct(rev) Oct(prev) total +0.9 +1.7 +1.5 +6.1 +5.7 [Read more]
Lotus Creek Exploration Inc. Announces December Monthly Report to Shareholders
Calgary, Alberta--(Newsfile Corp. - December 22, 2025) - Lotus Creek Exploration Inc. (TSXV: LTC) ("Lotus Creek" or the "Company") is pleased to announce that the December Monthly Report to Shareholders has been posted to the Company's website and can be accessed via the following link: Monthly Report - December 2025 FOR FURTHER INFORMATION PLEASE CONTACT: Kevin Johnson President & CEO 403-538-8463 Email: info@lotuscreek.ca Website: www.lotuscreek.ca Mitchell Harris Vice [Read more]
Argo’s October Oil Production
Toronto, Ontario--(Newsfile Corp. - December 22, 2025) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") October 2025 oil production was 1,800 barrels, averaging 58 barrels per day. Oil prices averaged CAD$59 per barrel, and Argo's oil revenue was $107,021 and net operating cash flow was $57,435. October 2025 Oil Production Argo's interest Argo's Oil Revenue Argo's net operating cash flow Lindbergh 1 (37.5% [Read more]
Baytex Announces 2026 Budget, Three-Year Outlook, Executive Appointment, and Board of Director Changes
Calgary, Alberta--(Newsfile Corp. - December 22, 2025) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "Company") is pleased to announce its 2026 budget, three-year outlook, executive appointment and Board of Director changes. Highlights 2026 capital budget of $550 to $625 million, targeting 3% to 5% production growth and prioritizing meaningful shareholder returns Improved sustaining breakeven price(1) of US$52/bbl and strong liquidity position Significant portion of [Read more]
Oil’s geopolitical premium vanished in 2025 – and may not return: Bousso
Global oil markets faced multiple black swan events in 2025 – including the Israel-Iran war and Ukrainian strikes on Russian refiners – yet they were barely fazed. This calm may be the new normal in an era of energy abundance, even as the world becomes a more dangerous place. By any measure, 2025 was a chaotic geopolitical year, dominated by President Donald Trump’s return to the White House in January and his blitz of policy, trade and diplomatic initiatives. A most pivotal moment for energy [Read more]
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