Wednesday, December 31, 2025
CanCambria Energy Corp. announces upgraded resource evaluation to include Kiskunhalas concession increasing the contingent resources to 1.1 tcf gas & 116.6 mmbbl condensate- oil and gas 360

CanCambria Energy Corp. announces upgraded resource evaluation to include Kiskunhalas concession increasing the contingent resources to 1.1 tcf gas & 116.6 mmbbl condensate

(Oil & Gas 360) CanCambria Energy Corp. (TSXV: CCEC) (FSE: 4JH) (OTCQB: CCEYF) (“CanCambria” or the “Company”) is pleased to announce the results of the Company’s upgraded independent resource evaluation report for the Kiskunhalas tight-gas project in southern Hungary, dated September 30, 2025, and prepared by Chapman Hydrogen and Petroleum Engineering Ltd (“CHPE”). This report incorporates the additional land acquired

Energy Advisors: Power and Energy Companies- oil and gas 360

Energy Advisors: Power and Energy Companies

(Oil and Gas 360) – Energy Advisors recently released its latest edition of its MarketMonitor series, which continues the theme emphasizing the role of traditional energy companies in building out more power for AI and data centers.  Some “story-metric” AI companies have multi-billion-dollar market caps and don’t generate any revenue… and likely won’t for many, many years. Earlier, we laid the groundwork on the scale

Transocean adds $89 million in new offshore drilling options across three regions- oil and gas 360

Transocean adds $89 million in new offshore drilling options across three regions

(World Oil)– Transocean has secured approximately $89 million in new firm backlog after operators in Brazil, Norway and Romania exercised contract options on three of its floating rigs, the company announced. In Brazil, Petrobras exercised a 90-day option on the Deepwater Mykonos, continuing the ultra-deepwater drillship directly into its next campaign. The extension is expected to contribute about $33 million to backlog.

From oil giant to mining superpower—Saudi Arabia’s next big move- oil and gas 360

From oil giant to mining superpower—Saudi Arabia’s next big move

(Oil Price)– In the coming days, the media will push themes related to the upcoming meeting between Saudi Crown Prince Mohammed bin Salman (MBS) and US President Trump in Washington. While most will be looking at the possibilities of Saudi investments in US LNG via Aramco or defense deals, Saudi Arabia’s mineral strategy and opportunities will also be on the

Global oil refining profits surge and may stay strong- oil and gas 360

Global oil refining profits surge and may stay strong

(Investing)– Global refining margins have hit multi-year highs in November due to sanctions on Russia, refinery outages and maintenance, according to LSEG data and analysts, and some see little respite without more plants being built in the Western world. The strength in margins contrasts with crude oil markets coming under pressure from an expected oversupply, and has defied expectations earlier

Goldman Sachs: oil prices to drop to $53 in 2026- oil and gas 360

Goldman Sachs: oil prices to drop to $53 in 2026

(Oil Price)– Oil prices are set to further drop into next year from current levels amid a large surplus on the market, with the U.S. benchmark WTI Crude expected to average $53 per barrel in 2026, according to Goldman Sachs. Early on Tuesday, WTI Crude was trading just above $60 per barrel, at $60.09, up by 0.22% on the day. The investment