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]
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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]
Venezuela’s oil exports fall over lower inventories, imports
Venezuela's oil exports declined 26% to some 808,000 barrels per day in October as the country's stocks dwindled and it imported smaller volumes of diluents to produce exportable crude grades, according to shipping data and documents from state firm PDVSA. The OPEC country's exports had reached a five-year high in September after being boosted by stable crude production of around 1.1 million bpd and robust imports of light crude and naphtha - especially from Russia - earlier in the year to [Read more]
Canadian Natural raises production outlook after taking full control of oilsands mine
CALGARY - Oil and gas giant Canadian Natural Resources Ltd. has boosted its production forecast for the year after it gained full ownership of a major oilsands mine through an asset-swap deal with Shell Canada Ltd. The deal announced in January saw Canadian Natural trade 10 per cent of its working interest in the Scotford Upgrader and Quest Carbon Capture project for Shell's remaining 10 per cent interest in the Albian mine north of Fort McMurray, Alta. Canadian Natural says the deal, [Read more]
Prairie Provident Announces Completion of Preferred Share Financing and Debt Amendments
CALGARY, Alberta, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) is pleased to announce completion of its previously-announced preferred share financing (the "Equity Financing"), raising C$26.5 million of additional equity capital, and concluded amendments to its debt agreements to extend maturities by 24 months, defer cash interest obligations through 2026, and adjust financial covenants (the "Debt Amendments"). Equity [Read more]
Chevron Announces Leadership Changes
Alana K. Knowles to retire after 38 years with the company Amit R. Ghai named Controller of Chevron HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) announced today the appointment of Amit R. Ghai as Controller of Chevron, effective March 1, 2026. Ghai will succeed Alana K. Knowles, in anticipation of her expected retirement from Chevron in April 2026, after 38 years of service. Ghai will lead Chevron’s accounting policy, corporate and external financial reporting, internal [Read more]
Keep it real – humans unlikely to accept amorphous blob status in worst-case AI scenarios
Environmentalists, the old fashioned kind, used to hold their rusty Subarus together with an assortment of bumper stickers, little rectangular slogans randomly overlaying decaying metal. A memorable one was the exhortation to go outdoors and ‘hug a tree’, thus causing a generation of nature lovers to be declared ‘tree huggers’ in a sometimes snarky way. (The phrase isn’t used much anymore, except oddly as advice to children if they become lost in the woods - to ‘hug a tree’ and stay put). I [Read more]
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