HOUSTON, Feb. 24, 2026 /PRNewswire/ -- EOG Resources, Inc. (EOG) today reported fourth quarter and full-year 2025 results. The attached schedules for the reconciliation of Non-GAAP measures to GAAP measures, along with a related presentation, are also available on EOG's website at http://investors.eogresources.com/investors. Fourth Quarter Highlights Oil, NGLs and natural gas production and total per-unit operating costs better than guidance midpoints Delivered net cash provided by [Read more]
News
Canada crude-by-rail exports fall to 13-year low in 2025 – CER
Canadian crude oil exports by rail fell to their lowest level since 2012 in 2025, averaging 77,246 barrels per day (b/d), down 13% from 88,664 b/d in 2024, according to data released by the Canada Energy Regulator (CER). Crude-by-rail exports reached a record 411,991 b/d in February 2020. The decline follows the completion of the Trans Mountain Expansion project in May 2024, which alleviated long standing pipeline capacity constraints and allowed more crude to move via pipelines instead of [Read more]
Top 9 operators account for 69% of natural gas volumes in Canada as production passes 20 BCF/d – StackDX Intel
Canadian natural gas production surpassed 20 BCF/d in November, despite relentlessly low Canadian natural gas prices. Liquids-rich drilling and firm demand is providing operators confidence in capital programs, while the prospects of more LNG demand pull from the west coast continues to support consolidation. In an infrastructure constrained basin, scale increasingly determines access to takeaway capacity, LNG exposure, and balance sheet durability. This trend has been on display for years. [Read more]
Ten years after first cargo, US LNG dominance set to keep growing
In the ten years since the first export cargo of liquefied natural gas (LNG) left Texas, the United States has grown rapidly into the top supplier of the ultra-cooled fuel to world consumers. That dramatic expansion shows no sign of slowing down, with analysts and industry executives projecting that record U.S. LNG export capacity will double in just five years. Whether the world market, already showing signs of saturation, will be able to absorb those supplies is an open [Read more]
Occidental CEO says industry needs $70/barrel oil to grow production
The oil industry needs crude prices to rise and sustain at $70 per barrel in order to grow output, executives said on Tuesday. U.S. oil production can be maintained at its current level in the $60 to $65 price range, said Vicki Hollub, CEO of U.S. oil producer Occidental, during an Energy Aspects conference in Washington. Benchmark Brent crude prices declined about 19% last year, pressured by concerns about a global oversupply of oil and uncertainty about U.S. trade policy. U.S. President [Read more]
Continental Resources says Argentina shale resource could be ‘another Permian’
Argentina's shale oil resource could be similar in size to that of the Permian Basin, the top oilfield in the U.S., Continental Resources CEO Doug Lawler said on Tuesday. Argentina's projections show that oil output could reach 1.5 million to 2 million barrels per day in the next few years, but the U.S. oil firm believes the potential could be higher, Lawler said during an Energy Aspects conference in Washington. "It has the characteristics, the rock quality that it could very easily be [Read more]
Axiom Oil and Gas Inc. – Property Divestiture
Axiom Oil and Gas Inc. (“Axiom” or the “Company”) has engaged Sayer Energy Advisors to assist it with the sale of certain of its oil and natural gas properties located in the Black Creek, Harmattan and Manola areas of Alberta (the “Properties”). Average daily sales production net to Axiom from the Properties for the year ended December 31, 2025 was approximately 786 boe/d, consisting of 545 barrels of oil and natural gas liquids per day and 1.5 MMcf/d of natural gas. Operating income [Read more]
InPlay Oil Corp. Announces 2026 Capital Budget
CALGARY AB, Feb. 24, 2026 /CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") announces that its Board of Directors have approved a capital program of $66 – $74 million for 2026. InPlay had a stellar 2025 with an accretive and transformational acquisition in our core area and a very successful drilling program. Throughout 2025, InPlay delivered improved capital efficiencies through the successful application of enhanced drilling and [Read more]
US and China hold the keys to containing a Mideast oil shock: Bousso
A serious military confrontation between the U.S. and Iran could trigger a major disruption in Middle East oil supplies. The vast oil reserves the U.S. and China hold could prove critical in containing it. For now, uncertainty dominates in this protracted standoff, with U.S. and Iranian officials continuing to hold indirect talks, as American military forces amass in the region. What kind of military action Washington might choose - and Tehran’s potential response - remain open questions. For [Read more]
Oil majors running Kazakh Kashagan field file arbitration over $4.6 billion fine
Shell, TotalEnergies, Eni, Exxon and other shareholders in Kazakhstan's Kashagan oilfield have started arbitration proceedings against a 2023 environmental fine worth around $4.6 billion, a Shell spokesperson said, the latest in a growing web of complex legal disputes in the country's hydrocarbon industry. In early 2023, Kazakhstan's government fined the consortium known as NCOC 2.3 trillion tenge - then worth $5.4 billion - for ecological violations related to an inspection the year before [Read more]
- « Previous Page
- 1
- …
- 298
- 299
- 300
- 301
- 302
- …
- 3855
- Next Page »