U.S. natural gas futures scaled an eight-month peak on Monday, buoyed by robust flows to liquefied natural gas (LNG) export plants and cold weather. Front-month gas futures for December delivery on the New York Mercantile Exchange rose 0.5%, to settle at $4.338 per million British thermal units (mmBtu). The contract had climbed to $4.51 during the session, its highest since March 11. Analysts said the rally could fade if the cold snap proves short-lived. Forecasts show temperatures moderating [Read more]
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Fallon Energy Inc. – Property Divestiture
Fallon Energy Inc. (“Fallon” or the “Company”) has engaged Sayer Energy Advisors to assist with the sale of its oil and natural gas interests located in the Greater Lloydminster areas of Saskatchewan (the “Properties”). Fallon operates all of the Properties, generally holding a 100% working interest including associated facilities. The Properties are generally located near Lloydminster, Saskatchewan in the Battle River, Big Gully, Forest Bank, Furness, Lashburn, Lone Rock, Maidstone, [Read more]
Do you know if your company uses power efficiently?
Improve your margin by lowering your power costs. For Canadian oil and gas companies, power costs consistently rank in the top three operating expenses, often contributing 15-30% of total operating costs. Oil & gas companies have detailed metrics for nearly every other aspect of the business -but how deep is your analysis of your purchased power? Who analyses your power bills? How do you analyse your power bill? How do you know if you are using purchased power efficiently? With [Read more]
Aspenleaf Energy brings new life to historic Alberta oil field while cleaning up the past
Alberta's number of inactive wells trending downward By Deborah Jaremko on November 6, 2025, 1:01 pm MST Aspenleaf Energy vice-president of wells Ron Weber at a clean-up site near Edmonton. Photo for the Canadian Energy Centre In Alberta’s oil patch, some companies are going beyond their obligations to clean up inactive wells. Aspenleaf Energy operates in the historic Leduc oil field, where drilling and production peaked in the 1950s. In the last seven years, the [Read more]
Lukoil’s international assets and potential buyers
The U.S. Treasury has extended the deadline for sanctioned Russian oil firm Lukoil to negotiate the sale of the bulk of its international assets until February 28. The assets, which include oil fields, refineries, and a network of retail gas stations, are worth about $22 billion and have drawn widespread interest, with specific deals requiring separate U.S. Treasury approvals. Below are details of Lukoil's international assets and potential buyers: POTENTIAL BUYERS Interested parties include [Read more]
Trump’s oil price sweet spot is ‘no man’s land’ for everyone else: Bousso
Oil prices have oscillated in a relatively narrow range of $60 to $70 a barrel in recent months, reflecting both warnings over rising oil supplies as well as concerns about trade wars and geopolitical conflicts. While this may be a sweet spot for U.S. President Donald Trump, it is a ‘no man’s land’ for oil producers. Crude prices hit the low end of this range in mid-October, enabling Trump on October 22 to follow through on his threat to slap severe sanctions on Russia's two oil giants Lukoil [Read more]
Venture Global posts third-quarter profit on strong LNG demand
Venture Global posted a third-quarter profit on Monday, compared to a year-ago loss, helped by increased output from its Plaquemines liquefied natural gas plant in Louisiana and strong LNG demand. Shares of Venture Global were up 6.4% in premarket trade. The U.S. is the world's largest exporter of LNG with a record 10.1 million metric tons (MT) of LNG in October, according to preliminary data from financial firm LSEG. Venture Global is the second largest exporter of the superchill gas [Read more]
Chevron investor day puts spotlight on post-Hess strategy
When Chevron executives and top shareholders convene in New York City on Wednesday for the oil producer's investor day, portfolio managers will be eager to hear CEO Mike Wirth's plan to finally reap rewards from the Hess acquisition and begin a new phase of growth. The event is lining up to be a victory lap for Wirth after the company prevailed in an arbitration battle to clinch the $55 billion takeover of the smaller oil producer in July. After oil and gas reserves hit a low point in 2024, [Read more]
Oil gains on optimism US government to reopen soon
Oil prices rose on Monday on optimism that the U.S. government shutdown could end soon and lift demand in the world's top oil consumer, offsetting concerns about rising supplies globally. Brent crude futures rose 47 cents, or 0.74%, to $64.10 a barrel by 0123 GMT. U.S. West Texas Intermediate crude was at $60.25 a barrel, up 50 cents, or 0.84%. An end to the historic U.S. government shutdown, now in its 40th day, is within reach as the Senate on Sunday moved toward a vote on reopening the [Read more]
Cavvy Releases Q3 2025 Financial and Operating Results, Executes Forward Price Agreement for 2026 Sulphur Sales, and Increases 2025 Guidance
Record Third Party Processing, Robust Hedging Gains Drive Strong Cash Flow and Net Debt Reduction Not For Distribution to United States News Wire Services or Dissemination in United States CALGARY, Alberta, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Cavvy Energy Ltd. (“Cavvy” or the “Company”) (TSX:CVVY) is pleased to announce the release of its third quarter 2025 financial and operating results. The Company produced 23,956 boe/d and generated Net Operating Income1 (“NOI”) of $30.6 million during the [Read more]
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