U.S. refiner HF Sinclair is considering expanding its pipeline systems across the Rocky Mountain and West Coast to bolster fuel supplies in markets including California and Nevada, the company said on Wednesday. New pipeline expansions could help ease the strain on West Coast fuel supplies from the planned closures of Phillips 66's Los Angeles refinery by the end of this year and Valero Energy's Benicia refinery next year. The planned shutdowns, set to reduce approximately 20% of California's [Read more]
News
Tuktu Resources Ltd. Announces Appointment of New President & Chief Executive Officer
Calgary, Alberta--(Newsfile Corp. - October 29, 2025) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company"), a junior oil and gas producer based in Calgary, Alberta, is pleased to announce that after a comprehensive search by the Company's Board of Directors, Jeremy Hodder, P. Tech (Eng), PMP, MBA will assume the role of President and Chief Executive Officer of the Company effective immediately. Mr. Hodder brings a wealth of experience to the role, having held senior [Read more]
Exxon Mobil names Gregory Garland to board of directors
Oil major Exxon Mobil said on Wednesday it has named industry veteran Gregory Garland to its board of directors, effective November 3. Garland brings more than a decade of experience and served as the CEO of U.S. refiner Phillips 66 from 2012 to 2022 and as the top boss of Chevron Phillips Chemical Company from 2008 to 2010. (Reporting by Dharna Bafna in Bengaluru; Editing by Alan Barona) [Read more]
Coelacanth Energy Inc. Engages ICP Securities Inc. for Automated Market Making Services
Calgary, Alberta--(Newsfile Corp. - October 29, 2025) - Coelacanth Energy Inc. (TSXV: CEI) ("Coelacanth" or the "Company") is pleased to announce that it has engaged the services of ICP Securities Inc. ("ICP") to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will be paid a monthly fee of C$7,500, plus applicable taxes. The [Read more]
Headwater Exploration Inc. Announces Third Quarter Operating and Financial Results and Declaration of Quarterly Dividend
CALGARY, AB, Oct. 29, 2025 /CNW/ - Headwater Exploration Inc. (the "Company" or "Headwater") (TSX: HWX) is pleased to announce its operating and financial results for the three and nine months ended September 30, 2025 and the declaration of its quarterly dividend. Selected financial and operational information is outlined below and should be read in conjunction with the unaudited condensed interim financial statements and the related management's discussion and analysis ("MD&A"). These [Read more]
Parex Resources Announces Its Proposal to Acquire GeoPark and an 11.8% Ownership Position
CALGARY, Alberta, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) announces that it submitted a Proposal (the “Proposal”) to the Board of Directors of GeoPark (NYSE: GPRK) to acquire all outstanding common shares of GeoPark for US$9.00 per share in cash. Following a lack of constructive engagement with, and rejection of the Proposal by the Board of Directors of GeoPark (the “GeoPark Board”), Parex has also acquired an 11.8% ownership position in [Read more]
Expand Energy expects to produce more US natural gas at lower cost
U.S. energy company Expand Energy, the nation's biggest natural gas producer, expects to spend less to produce more gas in 2025 and 2026, the company's CEO Nick Dell’Osso told analysts on an earnings call on Wednesday. "We are clearly spending less for more production, which is the ultimate definition of efficiency," Dell'Osso said. In its earnings release, Expand said its full year 2025 net production would be around 7.15 billion cubic feet of gas equivalent per day (bcfed), about 50 [Read more]
Capital Power excited about Alberta nuclear, but CEO says it’s too soon to invest
Nuclear power one day coming to Alberta is an exciting prospect for Capital Power Corp., but its chief executive says it's too soon for the electricity generator to contemplate any meaningful investment in the idea. "We're exploring it with best-in-class experts, we're collaborating with government and we're keen to move to the next steps," Avik Dey told analysts on a conference call Wednesday to discuss the company's third-quarter results. "In terms of capital allocation or putting risk [Read more]
Carney, Trump attend dinner hosted by South Korean president
GYEONGJU - Prime Minister Mark Carney and U.S. President Donald Trump pointed and smiled at one another as they sat down to dinner together in South Korea on Wednesday, their first in-person interaction since Trump abruptly ended trade talks last week. They were among a small group world leaders invited to a dinner hosted by South Korean President Lee Jae-Myung. Signs on the table read that the dinner was in honour of Trump "and state leaders." World leaders are gathering in Gyeongju, [Read more]
US crude stocks, gasoline and distillate inventories fall, EIA says
(Adds oil prices in paragraph 3, gasoline and diesel prices in paragraph 8) HOUSTON, Oct 29 - U.S. crude stocks and gasoline and distillate inventories fell last week, the Energy Information Administration said on Wednesday. Crude inventories dropped by 6.86 million barrels to 416 million barrels in the week ended October 24, the EIA said, compared with analysts' expectations in a Reuters poll for a 211,000-barrel fall. Global Brent and U.S. crude oil futures rose after the data showed [Read more]
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