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Greenfire Resources Announces Intent to Conduct C$300 Million Rights Offering

Calgary, Alberta--(Newsfile Corp. - November 3, 2025) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), today announced its intention to undertake a rights offering of its common shares for gross proceeds of approximately C$300 million (the "Rights Offering"). The Rights Offering is expected to be made to all holders of Greenfire's common shares of record as of a record date to be determined. In connection with the Rights Offering, the Company expects to [Read more]

Greenfire Resources Announces Third Quarter 2025 Results, Operational Update, 2026 Guidance, and Refinancing Initiatives

Readers are advised to review the "Non-GAAP and Other Financial Measures" section of this press release for information regarding the presentation of financial measures that do not have standardized meaning under IFRS® Accounting Standards. Readers are also advised to review the "Forward-Looking Information" section in this press release for information regarding certain forward-looking information and forward-looking statements contained in this press release. All amounts in this press release [Read more]

Panama Canal bets on LPG transits to offset world trade slowdown next year

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The Panama Canal expects an increase in transits of liquefied petroleum gas (LPG) vessels and carriers of some agricultural commodities to help it compensate for a reduction in world trade next year, the waterway's chief told Reuters on Monday. The world's second-busiest interoceanic waterway registered a 14% revenue increase to $5.7 billion in the fiscal year ended in September and saw 19% more transits, with LPG vessels and container ships moving more cargoes through the canal that connects [Read more]

Saudi Crown Prince bin Salman will visit Trump on Nov 18, White House official says

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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]

Discount on Western Canada Select narrows

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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]