Algerian state-owned oil company Sonatrach and Saudi Arabia's Midad Energy North Africa have signed a production-sharing contract (PSC), worth around $5.4bn (AD704.08bn), focused on oil and gas exploration in Algeria's Illizi Basin. The agreement covers the Illizi South perimeter, located approximately 100km from the town of In Amenas, near the Libyan border. Signed under Algeria’s hydrocarbon law no. 19-13, the PSC has a 30-year span with an option for a ten-year extension and includes a seven-year expl ...

Oil production from producers outside of the Organisation of Petroleum Exporting Countries (OPEC) will start to decline if oil prices fall to $60 per barrel, TotalEnergies CEO Patrick Pouyanne said on Tuesday. ...

Editor's note: Seeking Alpha is proud to welcome Dmitri Vinokurov as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access.As a young professional in the oil and gas engineering space, I seek to leverage my technical and analytical background to gain a deeper understanding of the fundamentals driving not only the energy sector, but global markets as a whole. M ...

Core Viewpoint - BP anticipates higher upstream production and stronger refining margins in Q3 2025, but warns of weak oil trading results and modest asset impairments [1][2]. Upstream Production - BP's upstream production is expected to rise in Q3 2025, driven by increased gas output from its U.S. bpx energy unit and improved performance in gas and low-carbon energy operations [2][3]. - Oil and gas volumes are both contributing to the expected increase in production [3]. Refining Margins - Refining margins have strengthened by an estimated $0.3–$0.4 billion compared to the previous quarter, with the refining indicator margin averaging $15.8 per barrel, up from $11.9 per barrel [2][6]. Oil Trading and Exploration - The company expects weak oil trading outcomes and minor exploration write-offs, with exploration write-offs forecasted to be about $100 million higher than in Q2 [2][3]. Customers & Products Segment - The Customers & Products segment benefited from seasonally stronger fuel sales and higher refining margins but faced challenges from unplanned downtime at the Whiting refinery and environmental compliance costs [4]. Financial Outlook - Net debt is expected to remain flat at around $26 billion, despite redeeming $1.2 billion in hybrid bonds and paying approximately $1 billion more in income taxes during the quarter [5]. - BP reaffirmed its full-year guidance of around $14.5 billion in capital expenditure and a 40% underlying effective tax rate [6]. Upcoming Reporting - BP will publish its full third-quarter results on November 4, 2025, providing final figures after completing its financial reporting process [7].

Core Insights - PetroTal Corp. reported a 21% year-over-year increase in average production, reaching 18,414 barrels of oil per day (bopd) in Q3 2025, despite production challenges at the Bretana field [2][4] - The company paid a quarterly dividend of $0.015 per share, totaling approximately $45 million in returns to shareholders year-to-date [2] - As of September 30, 2025, PetroTal had total cash of $141.5 million, with $108.8 million being unrestricted [2][8] Production and Operations Update - Group production averaged 18,414 bopd in Q3 2025, with 17,938 bopd from the Bretana field and 476 bopd from the Los Angeles field [4] - Bretana field production decreased by approximately 2,600 bopd from the previous quarter but increased by about 2,800 bopd compared to Q3 2024 [4] - Cumulative annual production through September 30 was over 5.7 million barrels, a 21% increase from the first nine months of 2024 [4] Challenges and Remedial Actions - The Bretana field has been producing below capacity since mid-August due to leaks in production tubing, leading to the shut-in of five wells [5] - In response, PetroTal mobilized a service rig to address the issues and plans to restore production by the end of October [5] - Production is expected to ramp up in November and December as shut-in wells are brought back online, with no change to the 2025 annual average production guidance of 20,000-21,000 bopd [5] Cash and Liquidity Position - PetroTal ended Q3 2025 with total cash of $141.5 million, an increase in unrestricted cash from $99.3 million at the end of Q2 2025 [8] - The company had approximately $32.7 million in restricted cash, primarily related to an escrow account for a loan [8] - Accounts payable and receivable were approximately $51.9 million and $56.6 million, respectively, showing a decrease from the previous quarter [9] Hedging and Financial Strategy - PetroTal did not initiate new production hedges during Q3 2025 but maintains hedges on approximately 1 million barrels for the period from October 1, 2025, to March 30, 2026 [10] - The existing hedges have a Brent floor price of $65.00 per barrel and a ceiling of $82.50 per barrel, with a cap of $102.50 per barrel [10] Future Developments - The erosion control project at Bretana is progressing, with construction activities ongoing [6] - The company is preparing to import its owned drilling rig to Peru in Q1 2026, with development drilling expected to resume in Q2 2026 [7]

Oslo, 14 October 2025 – DNO ASA, the Norwegian oil and gas operator, will publish its Q3 2025 operating and interim financial results on 6 November at 07:00 (CET). A videoconference call with executive management will follow at 10:00 (CET). Today, the Company provides an update on production, sales volumes and other selected information for the quarter. Volumes (boepd) Gross operated productionQ3 2025Q2 2025Q3 2024Kurdistan46,57274,76084,212North Sea11,5085,526- Net entitlement productionQ3 2025Q2 2025 ...

Core Insights - The article emphasizes the importance of conducting thorough due diligence before making any financial decisions, particularly in the context of investments and trading activities [1] Group 1 - The content includes general news and publications, personal analysis, and opinions intended for educational and research purposes [1] - It highlights that the information provided does not constitute any recommendation or advice for investment actions [1] - The website does not take into account individual financial situations or needs when presenting information [1] Group 2 - The article mentions that the information may not be provided in real-time and may not be accurate [1] - It states that prices may be provided by market makers rather than exchanges [1] - The company disclaims any responsibility for trading losses incurred as a result of using the information provided [1]

Algeria’s state-owned energy giant Sonatrach has signed a $5.4 billion production-sharing agreement with Saudi Arabia’s Midad Energy North Africa to explore and develop hydrocarbons in the Illizi South perimeter, located roughly 100 kilometers south of In Amenas, near the Libyan border. The deal, signed today at Sonatrach’s headquarters in Algiers, was attended by Algerian Energy Minister Mohamed Arkab, Saudi Ambassador Abdullah Al-Busairi, and senior officials from ALNAFT and the Hydrocarbon Regulatory A ...

Core Insights - Chevron Corporation is recognized as one of the Top 15 Growth Stocks for Long-Term Investors [1] - The company operates as an integrated energy firm, engaging in all major stages of the oil and gas value chain, including upstream, midstream, and downstream operations [2] Financial Performance - Chevron has one of the most durable portfolios in the energy sector, with production costs around $30 per barrel, allowing for healthy cash flows even during low oil prices [3] - Recent expansion projects, cost-cutting measures, and the Hess merger are projected to generate an additional $12.5 billion in annual free cash flow starting next year [3] Dividend Growth - Chevron has a strong track record of increasing dividends, having raised them for 38 consecutive years, currently offering a quarterly dividend of $1.71 per share, resulting in a dividend yield of 4.59% as of October 12 [4] Strategic Initiatives - The company is advancing in low-carbon energy ventures, including a recent entry into the lithium business, which is expected to further enhance its dividend profile [4]

A two-month-long bidding war in Canada’s oil patch signaled there is another way for a company to boost its production and resources than investing in new oil sands production, which is considered the world’s most expensive source of new oil supply. The acquisition saga for MEG Energy appears to have ended after the hostile bidder, MEG’s shareholder Strathcona Resources with a 14% stake, terminated its takeover pursuit on Friday. This followed a sweetened offer by the rival bidder, Cenovus Energy, which e ...