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Targa to build 500-mile NGL pipeline in Permian

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Targa Resources will build a 500-mile pipeline to transport natural gas liquids from its plants in the Permian Basin to its fractionation and storage complex in Mont Belvieu, Texas, it said on Tuesday. The Speedway NGL Pipeline is expected to cost about $1.6 billion and will have an initial capacity of about 500 thousand barrels per day. The 30-inch diameter pipeline is expected to be in-service in the third quarter of 2027. The pipeline operator will also build a natural gas processing [Read more]

US crude and fuel stockpiles rise on lower demand, EIA says

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U.S. crude oil, gasoline and distillate inventories rose last week as refining activity and demand softened, the Energy Information Administration said on Wednesday. Crude inventories rose by 1.8 million barrels to 416.5 million barrels in the week ended September 26, the EIA said, compared with analysts' expectations in a Reuters poll for a 1 million-barrel rise. Crude stocks at the Cushing, Oklahoma, delivery hub fell by 271,000 barrels in the week, according to the EIA. Oil futures [Read more]

InPlay Oil Corp. Confirms Monthly Dividend for October 2025

CALGARY AB, Oct. 1, 2025 /CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") is pleased to confirm that its Board of Directors has declared a monthly cash dividend of $0.09 per common share payable on October 31, 2025, to shareholders of record at the close of business on October 15, 2025.  The monthly cash dividend is expected to be designated as an "eligible dividend" for Canadian federal and provincial income tax purposes. About InPlay Oil Corp. [Read more]

Russia to increase LNG exports to China from Arctic and Sakhalin, energy minister says

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Russia plans to increase LNG exports to China from the Arctic LNG 2 and Sakhalin 2 projects, and "serious joint progress" is underway, Russian Energy Minister Sergei Tsivilev told the Expert magazine. Despite Western sanctions, Arctic LNG 2, which is 60% owned by Russia's Novatek, has been sending out LNG since last year, with cargoes being delivered to two storage facilities in Russia and the Beihai LNG terminal. Russia "plans to increase supplies of not only pipeline gas but also [Read more]

Energy literacy – what does that even mean, to whom, and how do we get there?

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Writing about energy is an oddly exhilarating experience. Sure, in the current global state of energy affairs, the topic can be a lightning rod for kooks and very angry people on the internet, but the flip side is also true: it opens the door to a great many new and interesting people. A consequence of these introductions is another positivity; encountering people who genuinely want a better understanding of energy, with no axe to grind either way, people who are far outside the industry but [Read more]

Parex Resources Announces Production Update and Timing of Q3 2025 Results

CALGARY, Alberta, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) announces a production update and expects to release its Q3 2025 financial and operating results on November 4, 2025. Q3 2025 Production Update(1)(2) Estimated Q3 2025 average production was 44,000 boe/d, with production in the quarter supported by strong base asset performance, growth at LLA-32, and positive exploration results, offset by lower production at Capachos. The prior [Read more]

Independent Proxy Advisory Firm Glass Lewis Joins ISS in Recommending MEG Shareholders Vote FOR the Value-Enhancing Transaction with Cenovus

Glass Lewis highlights that the Cenovus Transaction "offers clear industrial logic, synergies, and diversification benefits that provide a stronger long-term platform for MEG's assets" Cenovus Transaction accelerates value realization from MEG's standalone plan, delivering production capacity of 150,000 bpd at Christina Lake by 2028 through incremental capital investment Cenovus Transaction provides MEG Shareholders with substantial cash and highly liquid share consideration and [Read more]

Westgate Energy announces Q4 2025 drilling program and production update

The Company also announces an updated presentation on its corporate website as well as the engagement of a market-maker CALGARY, AB, Oct. 1, 2025 /CNW/ - Westgate Energy Inc. ("Westgate" or the "Company") (TSXV: WGT), is pleased to provide an update on drilling plans for the fourth quarter of 2025 in the Beaverdam area of Alberta. Q4 2025 Drilling Program Westgate is pleased to announce that, based on the success of its recent three well summer drilling program at its Beaverdam [Read more]

Gran Tierra Energy Inc. Appoints New Director

CALGARY, Alberta, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) is pleased to announce the appointment of Brad Virbitsky to the Company’s Board of Directors as an independent director, effective September 30, 2025. Mr. Virbitsky is a portfolio manager and partner at Equinox Partners LLC, a Connecticut-based investment firm with over 30 years of history in natural resources and emerging markets. Mr. Virbitsky [Read more]

Topaz acquires Montney royalty assets for $71.7 MM – Acquisition Summary

Acquisition Announcement Company: Topaz Energy Corp. (TSX: TPZ) Transaction: Entered into definitive agreements with Tourmaline Oil Corp. Details: Acquiring gross overriding royalty interests on ~134,000 gross acres in NEBC Montney. Over 65% of the land is undeveloped. Includes ~410 future tier-one Montney drilling locations with multi-zone upside. Aligns Topaz with Tourmaline’s long-term Montney growth strategy. Purchase Price: $71.7 [Read more]