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Buccaneer Energy has selected a drilling rig for the Allar #1 development well in the Pine Mills Field, Texas, with drilling set to begin in late October. The company plans to produce oil at up to 124 bopd and use associated gas from the Fouke area to power a future Bitcoin mining operation. Source
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ExxonMobil reported Q3 2025 earnings of $7.5 billion and record upstream production of 4.8 million boed, led by new output from Guyana’s Yellowtail project and record volumes in the Permian basin. The company also took FID on Hammerhead and expanded its Permian acreage with a Sinochem acquisition. Source
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Chevron’s third-quarter earnings topped analyst forecasts as the company’s $53 billion Hess acquisition boosted global oil production and cash flow. Output rose 21% to 4.1 MMboed, supported by Hess’ stake in Guyana’s Stabroek Block. Source
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TotalEnergies LNG Project in Mozambique Hits New Financial Snag | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Oct 31, 2025, 8:00 AM CDT The government of Mozambique may not agree with the...
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WTI Crude Slips Toward Weekly Loss on Persistent Supply Fears | OilPrice.com Premium Content By Editorial Dept – Oct 31, 2025, 8:00 AM CDT WTI crude oil futures remained under pressure this week, as bearish fundamental forces overshadowed temporary bullish drivers. Despite a larger-than-expected U.S. inventory draw and de-escalating U.S.–China trade tensions, crude failed to...
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I Shouldn’t Like This Stock, but I Do | OilPrice.com Premium Content By Editorial Dept – Oct 31, 2025, 8:00 AM CDT Like a lot of people, I have an inherent dislike and distrust of companies that have been through bankruptcy. It is often an indication of mismanagement for one thing, but it also leaves...
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India’s Top Refiner Buys Non-Sanctioned Russian Crude | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Oct 31, 2025, 7:00 AM CDT India’s biggest state-held refiner, Indian Oil Corporation (IOC), has...
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Saudi Arabia Poised to Cut Oil Prices for Asia Amid OPEC+ Output Rise | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 31, 2025, 5:32 AM CDT Increasing supply and weaker Middle Eastern benchmark prices will likely prompt Saudi Arabia to cut the official selling...
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Oil Prices Fall for a Third Straight Month as OPEC+ Considers Boosting Output | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Oct 31, 2025, 2:51 AM CDT Weak factory activity in China,...
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MEG Energy Delays Decision on Cenovus Takeover | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Oct 31, 2025, 1:39 AM CDT MEG Energy has delayed a shareholder vote on the proposed takeover...
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