U.S. shale producer Crescent Energy said on Monday it would acquire smaller peer Vital Energy in an all-stock deal valued at $3.1 billion, including debt. Vital shareholders will receive 1.9062 shares of Crescent common stock for each share held, representing a value of $18.95 per share and a premium of 20%, based on the stocks' last close. Shares of Vital rose 11%, while those of Crescent fell nearly 3% before the bell. Last week, Reuters reported that Crescent was in advanced talks to [Read more]
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NuVista Energy Ltd. Confirms 2025 Production Guidance
CALGARY, Alberta, Aug. 25, 2025 (GLOBE NEWSWIRE) -- NuVista Energy Ltd. (TSX:NVA, "NVA" or "NuVista") is pleased to confirm our annual average production guidance for 2025 of approximately 83,000 Boe/d (1). Despite continued delays in commissioning the Pipestone Gas Plant (“Pipestone Plant”), we have been able to commence operations in the greater Wapiti area following the previously announced third-party plant maintenance outage earlier than forecast. As a result, if the Pipestone Plant is [Read more]
Saturn Oil & Gas Inc. Announces TSX Approval to Renew the Normal Course Issuer Bid Following Successful Completion of Existing Program
Calgary, Alberta--(Newsfile Corp. - August 25, 2025) - Saturn Oil & Gas Inc. (TSX: SOIL) (OTCQX: OILSF) ("Saturn" or the "Company"), a light oil-weighted producer focused on unlocking value through the development of our assets in Saskatchewan and Alberta, today announced that the Toronto Stock Exchange's ("TSX") has accepted Saturn's notice to renew our Normal Course Issuer Bid ("NCIB") for a further one-year term, following the successful completion of an existing NCIB which expires on [Read more]
Eiger Express Pipeline Reaches Final Investment Decision to Transport Growing Natural Gas Production from the Permian Basin to the Gulf Coast Region
AUSTIN, Texas, Aug. 25, 2025 /PRNewswire/ -- WhiteWater today announced that WhiteWater, MPLX LP (NYSE: MPLX), ONEOK, Inc. (NYSE: OKE) and Enbridge Inc. (NYSE: ENB), through their Matterhorn joint venture ("Matterhorn JV"), have partnered with affiliates of ONEOK and MPLX and reached final investment decision to move forward with the construction of the Eiger Express Pipeline, having secured sufficient firm transportation agreements with primarily investment grade shippers. The Eiger Express [Read more]
International Petroleum Corporation Announces Results of Normal Course Issuer Bid
TORONTO, Aug. 25, 2025 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 132,778 IPC common shares (ISIN: CA46016U1084) during the period of August 18 to 22, 2025 under IPC’s normal course issuer bid / share repurchase program (NCIB). IPC’s NCIB, announced on December 3, 2024, is being implemented in accordance with the Market Abuse Regulation (EU) No 596/2014 (MAR) and [Read more]
Trump administration halts Orsted’s Rhode Island wind project, shares sink 17%
Orsted said on Monday it would continue with a plan to raise capital after the Trump administration ordered the offshore wind farm developer to stop construction on a near-completed project off Rhode Island, sending its shares down 17%. The company, 50.1% owned by the Danish state, said earlier this month it would seek to shore up its finances through a $9.4 billion emergency rights issue. "The planned rights issue had been sized to provide the required strengthening of Orsted's capital [Read more]
Oil prices climb after Ukraine attacks hit Russian energy sites
Oil prices edged higher on Monday after Ukraine stepped up attacks on Russia, fanning concerns Russian oil supply could be disrupted, while expectations of a cut in U.S. interest rates buoyed the outlook for global growth and fuel demand. Brent crude futures rose 3 cents, or 0.04%, to $67.76 at 0342 GMT, and West Texas Intermediate (WTI) crude futures gained 7 cents, or 0.11%, to $63.73. Ukraine launched a drone attack on Russia on Sunday, which forced a sharp fall in the capacity of a [Read more]
US VP Vance says Russia has made significant concessions toward Ukraine peace deal
U.S. Vice President JD Vance said Russia has made "significant concessions" toward a negotiated settlement in its war with Ukraine and was confident progress was being made despite the lack of clear signs the conflict is nearing an end. Speaking on NBC's "Meet the Press with Kristen Welker", Vance said Russian President Vladimir Putin has made several concessions, including that Ukraine will receive security guarantees protecting against future Russian aggression. "I think the Russians [Read more]
Kelt Provides Update on Start-Up of Third-Party Gas Plant at Wembley
Calgary, Alberta--(Newsfile Corp. - August 22, 2025) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") is providing an update on start-up expectations for the newly constructed Albright Gas Plant ("Albright") near the Company's lands at Wembley/Pipestone, Alberta. Albright is owned and operated by a third-party mid-stream company, CSV Midstream Solutions Corp. ("CSV"). CSV is an Alberta based company headquartered in Calgary with assets located in the Grande Prairie and [Read more]
Tuktu Resources Ltd. Announces Stock Option Grant
Calgary, Alberta--(Newsfile Corp. - August 22, 2025) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") is pleased to announce that as a part of Tuktu's long-term incentive program, and pursuant to the terms and conditions of its stock option plan, the Company granted an aggregate of 240,000 stock options to a newly-appointed director effective as of August 22, 2025. The stock options vest between the first and third anniversary of their grant date, have an exercise price of $0.05 per [Read more]
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