President Vladimir Putin gave the keynote address at Russian Energy Week 2025 in Moscow. Here are some of the main parts of his speech. He spoke in Russian and his words were translated by Reuters. ON FUTURE OF OIL MARKET: "According to estimates, global oil demand this year will amount to 104.5 million barrels per day, more than a million more than last year. The main factors driving consumption growth are the active development of the petrochemical industry, which is growing faster [Read more]
Headlines
Enbridge CEO says ‘there’s a good reason’ for Alberta to champion new oil pipeline
B.C. tanker ban an example of federal rules that have to change By Deborah Jaremko on October 14, 2025, 7:50 pm MDT Enbridge CEO Greg Ebel. The company’s extensive pipeline network transports about 30 per cent of the oil produced in North America and nearly 20 per cent of the natural gas consumed in the United States. Photo courtesy Enbridge The CEO of North America’s largest pipeline operator says Alberta’s move to champion a new oil pipeline to B.C.’s north coast makes [Read more]
Inclusive Energy Launches Integrated Equipment, Rig, and Financing Program to Maximize Existing Production From Existing Oil & Gas Assets
FOR IMMEDIATE RELEASE Calgary, Alberta — October 2025 — Inclusive Energy Ltd., one of Western Canada’s leading providers of oilfield equipment and capital solutions, has launched an integrated initiative to help producers maximize the value of existing assets — bringing together coordinated equipment, rig, and financing support under one program. As many producers shift their focus from drilling new wells to optimizing production from existing fields, the cost and logistics of coordinating [Read more]
Tools Missing from the Project Toolbox
Tools Missing from the Project Toolbox Why capital projects continue to fail without the right resources (tools) on hand. Capital projects (projects) too often lack the full toolbox required for delivery as planned. The UNEZA report recommendations – long-term planning, programmatic approaches, and skills development – are necessary but leave gaps in communication, knowledge transfer, and supplier quality surveillance (SQS). KT Project provides missing, cost-effective tools – practical [Read more]
Clearview announces receipt of final order and shareholder approval for sale transaction
CALGARY, AB, Oct. 16, 2025 /CNW/ - Clearview Resources Ltd. ("Clearview" or the "Company") is pleased to announce that the Court of King's Bench of Alberta has granted the final order in connection with its previously announced transaction (the "Transaction") with a publicly traded oil and gas company (the "Purchaser") and pursuant to which the Purchaser will acquire all of Clearview's issued and outstanding common shares (the "Clearview Shares") by way of a plan of arrangement under Section 193 [Read more]
Bessent says US expects Japan to stop buying Russian energy
U.S. Treasury Secretary Scott Bessent said on Wednesday that he told Japanese Finance Minister Katsunobu Kato that the Trump administration expects Japan to stop importing Russian energy. "Minister Kato and I also discussed important issues pertaining to the U.S.-Japan economic relationship and the Administration's expectation that Japan stop importing Russian energy," Bessent said on X, after the two met on Wednesday. Bessent and Kato met on the sidelines of the annual International [Read more]
Oil prices up 1% after Trump says India promised to stop buying Russian oil
Oil prices rose by around 1% in early trade on Thursday after U.S. President Donald Trump said Indian Prime Minister Narendra Modi had pledged his country would stop buying oil from Russia, which supplies about one-third of its imports. Brent crude futures rose 57 cents, or 0.9%, to $62.48 a barrel at 0046 GMT. U.S. West Texas Intermediate (WTI) futures also added 0.9%, or 54 cents, to trade at $58.81. Both contracts touched their lowest since early May in the previous session on [Read more]
Discount on Western Canada Select narrows
The discount on Western Canada Select to North American benchmark West Texas Intermediate futures settled at $10.25 a barrel under the U.S. benchmark WTI on Wednesday, its narrowest differential since July. WCS for November delivery in Hardisty, Alberta, narrowed from $10.30 a barrel on Tuesday, according to brokerage CalRock. * The WCS discount typically widens after the summer driving season ends, but has seen a contrary pattern this year. * October's tight discount is being driven by [Read more]
Peyto Exploration & Development Corp. Confirms Monthly Dividend for November 14, 2025
CALGARY, Alberta, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the monthly dividend with respect to October 2025 of $0.11 per common share is to be paid on November 14, 2025, for shareholders of record on October 31, 2025. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to [Read more]
Whitecap Resources Inc. confirms monthly dividend for October of $0.0608 per share and announces third quarter 2025 results conference call / webcast
CALGARY, AB, Oct. 15, 2025 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.0608 per common share in respect of October operations will be paid on November 17, 2025 to shareholders of record on October 31, 2025. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). In addition, Whitecap announces that it intends to release its third quarter 2025 results after market close on Wednesday, October 22, 2025 and has [Read more]
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