News

HOUSTON, OCT 24 - There are currently 28 active rigs in North Dakota, up from 27 in September, according to the state's Department of Mineral Resources on Friday. There are currently 13 frac crews operating in the state, up from 12 in September. North Dakota is the third largest oil-producing state in the U.S. (Reporting by Georgina McCartney in Houston) [Read more]

The U.S. dollar was almost flat on Friday after dipping following fresh inflation data that showed that U.S. consumer prices increased less than expected in September, keeping the Federal Reserve on track to cut interest rates again next week. The Consumer Price Index rose 0.3% last month and 3.0% in the 12 months through September. Economists polled by Reuters had forecast the CPI increasing by 0.4% for the month and rising 3.1% year-on-year. The U.S. dollar index was last down 0.003% at [Read more]

Reliance Industries Ltd, the top Indian buyer of Russian oil, will abide by Western sanctions against Moscow while maintaining its relationship with current oil suppliers, its spokesperson said in a statement. Reliance, which is controlled by billionaire Mukesh Ambani and operates the world's biggest refining complex at Jamnagar in western Gujarat state, has a long-term deal to buy nearly 500,000 bpd of crude oil from Russian oil major Rosneft. The refiner also buys Russian oil from [Read more]

CALGARY, Alberta, Oct. 24, 2025 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today announced that it has, through its wholly owned subsidiary Gran Tierra Energy Colombia GmbH, a Swiss limited liability company (the “Seller”), entered into a crude oil sale and purchase agreement and a related prepayment addendum (together, the “Oriente Crude Oil Agreements”). Under the Oriente Crude Oil Agreements, the Seller will receive an [Read more]

Canada's Prime Minister Mark Carney embarks on his first official visit to Asia on Friday in an attempt to deepen trade and security ties at a time when the North American country is struggling to lessen its overwhelming dependence on the U.S. and redefine its foreign policy in pursuit of new markets. Canadian government officials said Carney’s week-long trip might also include a meeting with Chinese President Xi Jinping, in a possible effort to reset a previously fractious relationship worsened [Read more]

Russia is analysing the latest Western sanctions, and will act according to its interests, Kremlin spokesman Dmitry Peskov said on Friday. "At the moment, we are analysing the sanctions that have been defined and announced, and, of course, we will do what best suits our interests," Peskov told reporters. "That's the main thing in our actions. We are acting primarily not against someone else, we are acting for our own benefit. That's what we will be doing." The United States this week [Read more]

CALGARY, Alberta, Oct. 23, 2025 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) announces that the Company will release its 2025 third quarter financial and operating results on Thursday, October 30, 2025, post-market. Gran Tierra will host its third quarter 2025 results conference call on Friday, October 31, 2025, at 9:00 a.m. Mountain Time, 11:00 a.m. Eastern Time. How to Participate in the 2025 Third Quarter Conference [Read more]