Saudi Arabia's Crown Prince Mohammed bin Salman will be at the White House on November 18 for an official working visit with U.S. President Donald Trump, a White House official said on Monday. The visit comes as Trump pushes Saudi Arabia to join the list of nations that have joined the Abraham Accords. In 2020, Trump reached deals with United Arab Emirates, Bahrain, Sudan and Morocco to normalize relations with Israel. The Saudis have been hesitant to join in the absence of steps toward [Read more]
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Discount on Western Canada Select narrows
The discount on Western Canada Select to North American benchmark West Texas Intermediate futures narrowed on Monday. WCS for December delivery in Hardisty, Alberta, settled at $11.10 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared to Friday's close of $11.80. * Structural tightness in global heavy oil markets and excess pipeline capacity out of Western Canada has kept the WCS discount narrow this autumn, surprising some analysts. * The WCS discount typically [Read more]
Gran Tierra Energy Inc. Announces Normal Course Issuer Bid and Automatic Share Purchase Plan
Gran Tierra Energy Inc. Announces Normal Course Issuer Bid and Automatic Share Purchase Plan CALGARY, Alberta, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. (“Gran Tierra”) (NYSE American: GTE)(TSX: GTE)(LSE: GTE), today announces that the Toronto Stock Exchange (“TSX”) has approved its notice of intention to make a normal course issuer bid (the “Bid”) for its shares of common stock (the “Shares”). As of October 31, 2025, there were 35,295,753 Shares issued and outstanding and the [Read more]
Topaz Announces Third Quarter 2025 Financial Results Including 15% Royalty Production Growth and New Record Clearwater Production
CALGARY, AB, Nov. 3, 2025 /CNW/ - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to provide third quarter 2025 financial results. Select financial information is outlined below and should be read in conjunction with Topaz's interim condensed consolidated financial statements ("Financial Statements") and related management's discussion and analysis ("MD&A") as at and for the three and nine months ended September 30, 2025, which are available on SEDAR+ at [Read more]
Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., Reports Third Quarter 2025 Financial and Operating Results; Announces Divestiture of Non-Permian Assets
MIDLAND, Texas, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ:VNOM) (“Viper,” “we,” “our” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), today announced financial and operating results for the third quarter ended September 30, 2025. THIRD QUARTER HIGHLIGHTS Q3 2025 average production of 56,087 bo/d (108,859 boe/d) Q3 2025 consolidated net loss (including non-controlling interest) of $197 million; net loss attributable to Viper [Read more]
Letter to Stockholders Issued by Diamondback Energy, Inc.
MIDLAND, Texas, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”). Diamondback Stockholders, This letter is meant to be a supplement to our earnings release and is being furnished to the Securities and Exchange Commission (SEC) and released to our stockholders simultaneously with our earnings release. Please see the information regarding forward-looking statements and non-GAAP financial information included at the end of this letter. Macro [Read more]
Gibson Energy Delivers Record Throughput and Continued Growth Across Canadian and U.S. Terminals in Q3 2025
All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (TSX:GEI) ("Gibson" or the "Company") announced today its financial and operating results for the three and nine months ended September 30, 2025. Key Highlights: Delivered Infrastructure Adjusted EBITDA(1) of $154 million, driven by strong volume growth Canadian record of 1.5 mmbbl per day, a 26% increase year-over-year, led by Hardisty and [Read more]
Diamondback Energy, Inc. Announces Third Quarter 2025 Financial and Operating Results
MIDLAND, Texas, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback,” “we,” “our” or the “Company”) today announced financial and operating results for the third quarter ended September 30, 2025. THIRD QUARTER 2025 HIGHLIGHTS Average oil production of 503.8 MBO/d (942.9 MBOE/d) Net cash provided by operating activities of $2.4 billion; Operating Cash Flow Before Working Capital Changes1 of $2.5 billion Cash capital expenditures of $774 million [Read more]
BP to sell stakes in US onshore midstream assets for $1.5 billion
BP said on Monday it would sell stakes in the Permian and Eagle Ford midstream assets of its U.S. onshore oil and gas business for $1.5 billion to funds managed by investment firm Sixth Street. The sale comes as BP reviews how to develop its oil and gas production assets and cut costs as part of a $20 billion divestment programme by end-2027. It has been under pressure from investors after years of underperforming rivals and also the target of activist investor Elliott. BP's U.S. [Read more]
US becomes first country to export 10 million tonnes of LNG in single month
The U.S. has become the first country to export 10 million metric tonnes (mmt) of liquefied natural gas in a single month, according to preliminary data from financial firm LSEG. The U.S. exported a record 10.1 mmt of the liquid fuel in October, up from a revised figure of 9.1 mmt in September, LSEG data showed. Already the world's largest LNG exporter, the U.S. has been ramping up sales with four record-setting months in 2025. The surge was led by the start-up of Venture Global's Plaquemines [Read more]
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