Kiwetinohk Announces a Cash Sale for $24.75 Per Share under Arrangement Agreement with Cygnet Energy Ltd.
(Oil and Gas 360)– CALGARY, AB, Oct. 28, 2025 /CNW/ – Kiwetinohk Energy Corp. (TSX: KEC) (“Kiwetinohk” or the “Company”) and Cygnet Energy Ltd. (“Cygnet” or the “Purchaser”), a private exploration and production company backed by respective investment funds managed
Kiwetinohk Announces a Cash Sale for $24.75 Per Share under Arrangement Agreement with Cygnet Energy Ltd.
(Oil and Gas 360)– CALGARY, AB, Oct. 28, 2025 /CNW/ – Kiwetinohk Energy Corp. (TSX: KEC) (“Kiwetinohk” or the “Company”) and Cygnet Energy Ltd. (“Cygnet” or the “Purchaser”), a private exploration and production company backed by respective investment funds managed by NGP Energy Capital Management (“NGP”),
Saudi Arabia awards five renewables projects worth $2.4 billion
(Oil Price) – Saudi Arabia has awarded one wind power and four solar
Tourmaline and Topaz Announce the Closing of $230 Million Bought Deal Secondary Offering of Topaz Common Shares
(BOE Report)– CALGARY, AB, Oct. 28, 2025 /CNW/ – Tourmaline Oil Corp. (TSX: TOU) (“Tourmaline” or
Oil settles lower as OPEC plans to increase oil output
(Investing)– Oil prices settled marginally lower on Monday as OPEC’s plans to
Saudi Arabia awards five renewables projects worth $2.4 billion
(Oil Price) – Saudi Arabia has awarded one wind power and four solar power projects in the country worth a total estimated investment of $2.4 billion (9 billion Saudi riyals), the official Saudi Press Agency reports. Saudi Power Procurement Company, the principal
Tourmaline and Topaz Announce the Closing of $230 Million Bought Deal Secondary Offering of Topaz Common Shares
(BOE Report)– CALGARY, AB, Oct. 28, 2025 /CNW/ – Tourmaline Oil Corp. (TSX: TOU) (“Tourmaline” or the “Selling Shareholder“) and Topaz Energy Corp. (TSX: TPZ) (“Topaz” or the “Company“) announced today the closing of the previously announced secondary offering (the “Offering“) of common shares of
Oil settles lower as OPEC plans to increase oil output
(Investing)– Oil prices settled marginally lower on Monday as OPEC’s plans to increase oil output once again outweighed hopes of a trade deal framework between the U.S. and China and renewed U.S. sanctions on Russia. Brent crude futures were down about
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Weekly Inventories
U.S. crude oil inventories decrease by 1 million barrels
Weekly Crude Oil Storage as of October 17, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 1 million barrels from the previous week. At 422.8 million barrels, U.S. crude oil inventories are 4%
Weekly Gas Storage: Inventories increase by 87 Bcf
Natural Gas Inventories as of October 17, 2025 The EIA has released its natural gas inventory report, showing a net increase of 87 Bcf as of October 17, 2025. Working gas in storage was 3,808 Bcf as of Friday, October
U.S. rig count increased by 2 is at 550
This week’s Baker Hughes Rig Count shows that the U.S. increased by 12 last week, resulting in a total count of 550 rigs. Canada had an increase of 1 over last week, resulting in a total Canadian count of 199
