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Thursday, July 3, 2025

Tag: oil and gas

Oxford Business Group and Oman Investment Authority highlight sultanate’s economic transformation in new advisory report

Strategic investment in focus as Oman accelerates diversification MUSCAT, Oman, July 3, 2025 /PRNewswire/ -- Oman's efforts to accelerate economic diversification through targeted investment in...

Strathcona Resources Ltd. Confirms Closing of Sale of Montney Business and Provides Update on MEG Strategic Alternatives Process

CALGARY, AB, July 2, 2025 /CNW/ - Strathcona Resources Ltd. ("Strathcona" or the "Company") (TSX: SCR) is pleased to confirm the closing of its...

NuVista Energy Ltd. Announces Updated Annual Production Guidance Due to Third Party Midstream Delays

CALGARY, Alberta, July 02, 2025 (GLOBE NEWSWIRE) -- NuVista Energy Ltd. (TSX:NVA, "NVA" or "NuVista") is providing revised guidance to our annual production volumes and reiterating our commitment to our shareholder return strategy. Due to continued delays in commissioning the Pipestone Gas Plant (“Pipestone Plant”) and additional required work discovered during a gas plant turnaround in the greater Wapiti area (“Wapiti Turnaround”), we now anticipate annual volumes to average approximately 83,000 Boe/d(1). The impact of the delays due to the Pipestone Plant and Wapiti Turnaround on annual production volumes is approximately 3,500 Boe/d and 6,000 Boe/d, respectively. Both third-party facilities are expected to be fully operational prior to September.

Petrus Resources Declares Monthly Dividend for July 2025

CALGARY, Alberta, July 02, 2025 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to confirm that its Board of Directors has declared a monthly dividend in the amount of $0.01 per share payable July 31, 2025, to shareholders of record on July 15, 2025. The dividend is designated as an eligible dividend for Canadian income tax purposes.

DNO Secures North Sea Gas Offtake and Related USD 500 Million Financing Facility; Adds Arrows to its Quiver

Oslo, 2 July 2025 – DNO ASA, the Norwegian oil and gas operator, today announced that the Company’s wholly-owned Norway operating subsidiaries have entered into an offtake agreement with France’s ENGIE SA for DNO’s Norwegian gas production and secured a related offtake financing facility with a major US bank for up to USD 500 million.

Occidental to Announce Second Quarter Results Wednesday, August 6, 2025; Hold Conference Call Thursday, August 7, 2025

HOUSTON, July 01, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) will announce its second quarter 2025 financial results after close of market on Wednesday, August 6, 2025, and will hold a conference call to discuss the results on Thursday, August 7, 2025, at 1 p.m. Eastern/12 p.m. Central.

Prospectus Approved for Listing of DNO’s USD 600 Million Bonds on Oslo Stock Exchange

Oslo, 1 July 2025 – DNO ASA, the Norwegian oil and gas operator, today announced that the Financial Supervisory Authority of Norway on 1 July 2025 approved the prospectus prepared in connection with the listing on the Oslo Stock Exchange of the Company’s 8.5 percent USD 600 million senior unsecured callable bonds issued on 27 March 2025 with maturity in March 2030 (ISIN: NO0013511113). Trading in the bonds is expected to commence shortly.

Project InnerSpace Analysis Shows Geothermal Can Cost-Effectively Scale to Power the AI Data Center Boom

With the right investment and policy support, the cost for a 1GW geothermal energy project to power and cool a hyperscale data center could...

BP: From Oil Predator to Prey—Evolution or Just Darwin Award Material?

The once-mighty BP, now a shadow of its former self, teeters on the brink of becoming a bargain-bin acquisition. Years of missteps have rendered...

First cargo leaves LNG Canada

CALGARY, AB, July 1, 2025 /PRNewswire/ -- Shell Canada Energy, an affiliate of Shell plc ("Shell"), announced that the first cargo of liquefied natural gas...

First cargo leaves LNG Canada

CALGARY, AB, June 30, 2025 /PRNewswire/ -- Shell Canada Energy, an affiliate of Shell plc ("Shell"), announced that the first cargo of liquefied natural gas...

First cargo leaves LNG Canada

CALGARY, AB, July 1, 2025 /PRNewswire/ -- Shell Canada Energy, an affiliate of Shell plc ("Shell"), announced that the first cargo of liquefied natural gas...

First cargo leaves LNG Canada

CALGARY, AB, June 30, 2025 /CNW/ -- Shell Canada Energy, an affiliate of Shell plc ("Shell"), announced that the first cargo of liquefied natural gas...

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