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Tamarack Valley Energy Announces Q3 2025 Results, Enhanced Corporate Guidance and Dividend Increase

TSX: TVE CALGARY, AB, Oct. 29, 2025 /CNW/ - Tamarack Valley Energy Ltd. is pleased to announce its financial and operating results for the three and nine months ended September 30, 2025. Selected financial and operating information should be read with Tamarack's unaudited consolidated financial statements and management's discussion and analysis for the three and nine months ended September 30, 2025, which are available at www.sedarplus.ca and www.tamarackvalley.ca. Tamarack [Read more]

Kuwait Oil Company to spend $3.9 billion on exploration by 2030, deputy CEO says

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Kuwait Oil Company (KOC) plans to spend 1.2 billion dinars ($3.92 billion) on its exploration drilling program through 2030, its senior executive told Reuters in an interview. The spending is part of a 9.8-billion-dinar budget - the company's biggest ever - allocated for drilling and maintenance of up to 6,193 wells by the end of this decade, said its Deputy CEO for Exploration and Drilling Khaled Al-Mulla. The spending plan reflects the OPEC producer's effort to raise its oil production [Read more]

Big Oil earnings expected to edge up as analysts eye 2026 outlook

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Big Oil may see marginally higher oil prices and stronger refining results boost third quarter results after declining earnings over the past year, but some analysts are more interested in how global oil majors set the stage for 2026 when they begin reporting results this week. British oil major Shell and French major TotalEnergies will launch earnings season on Thursday and are expected to report 18% and 11% increases in adjusted net income, respectively, compared with the second quarter — [Read more]

Tokyo Gas targets US as priority overseas expansion market, CEO says

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Tokyo Gas would prioritize the U.S. market for overseas expansion due to its strong growth potential, CEO Shinichi Sasayama said on Wednesday, as Japan's largest city gas provider eyes a possible gas offtake from Alaska. Tokyo Gas and JERA, Japan's top buyer of liquefied natural gas, have recently signed preliminary agreements to buy 1 million metric tons of LNG annually each from the $44 billion Alaska LNG project favoured by U.S. President Donald Trump. The final offtake decision would [Read more]

Tariffs to raise costs, delay oil and gas projects in 2026, report says

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U.S. President Donald Trump's sweeping tariffs are set to raise operating costs, disrupt supply chains and weaken investment momentum for the oil and gas industry in 2026, a report published by Deloitte showed on Wednesday. WHY IT'S IMPORTANT The energy industry relies heavily on global supply chains and internationally sourced materials such as drilling rigs, valves, compressors and specialized steel are central to their operations. U.S. tariffs on these components and other key input [Read more]

Nobel Prize nods to Alberta innovation in carbon capture

‘We are excited to bring this made-in-Canada innovation to the world’ By Grady Semmens on October 28, 2025, 1:38 pm MDT Dr. George Shimizu in his lab at the University of Calgary. His research group developed CALF-20, a compound recognized in connection with the 2025 Nobel Prize in Chemistry for advancing simpler, more efficient carbon capture. Photo courtesy of the University of Calgary. To the naked eye, it looks about as exciting as baking soda or table salt. But to the [Read more]

Cygnet Energy to acquire Kiwetinohk Energy for $1.4 billion – Acquisition Summary

Overview of the Transaction Cygnet Energy Ltd. has agreed to acquire Kiwetinohk Energy Corp. (KEC) for C$24.75 per share in cash, valuing the transaction at approximately C$1.4 billion (including assumed debt). The deal, structured as a plan of arrangement under the Canada Business Corporations Act, is expected to close in late December 2025. Strategic Rationale The acquisition creates a scaled energy producer focused on the Montney and Duvernay formations. It combines [Read more]

Trican Reports Third Quarter Results for 2025 and Declares Quarterly Dividend

Calgary, Alberta--(Newsfile Corp. - October 28, 2025) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce its third quarter results for 2025. The following news release should be read in conjunction with Management's Discussion and Analysis ("MD&A"), the unaudited condensed consolidated interim financial statements and related notes for the three and nine months ended September 30, 2025, as well as the Annual Information Form ("AIF") for the year ended [Read more]

New oil and gas jobs from BOE Report Jobs

Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and easy to use. Posting Date Job Title Company Location Oct. 24 Journeyperson Electrician Strike Group Prince George Oct. 24 Apprentice Electrician Strike Group Prince George Oct. 24 Senior Gas Plant Operator [Read more]