CONROE, Texas, Oct. 20, 2025 (GLOBE NEWSWIRE) -- via IBN – Olenox Corp, a vertically integrated energy company and wholly owned subsidiary of Safe & Green Holdings Corp. (NASDAQ: SGBX), is pleased to announce Olenox has begun the initial review of several drilling sites on current leases held within its oil and gas portfolio. As the energy development arm of SGBX, Olenox intends to implement an aggressive drilling program with plans to target completion of one drilling project during the fourth quarter of ...

FORT WORTH, Texas, Oct. 20, 2025 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (NASDAQ: HPK) (“HighPeak Energy”), today announced that it plans to release its 2025 third quarter financial and operating results after the close of trading on Wednesday, November 5, 2025. HighPeak Energy will host a conference call and webcast on Thursday, November 6, 2025 at 11:00 a.m. Central Time for investors and analysts to discuss its 2025 third quarter financial results and operational highlights. Participants may register f ...

Oil prices slipped in early Asian trade on Monday, as a combination of burgeoning supply concerns and escalating U.S.–China trade tensions weighed on sentiment. At the time of writing, Brent crude futures had dropped 0.29% to $61.11 while WTI was down 0.35% at $57.34. The continued drop comes on the heels of a third consecutive weekly decline for both benchmarks, with more than a 2% fall in each last week. Concerns about demand softening and a looming supply overhang are the key factors dragging prices lo ...

The project involves several components, including developing the Ratawi oil field, constructing a 1GW solar farm, and building a seawater treatment plant. The first phase of the oil project aims for 120,000 b/d production by early 2026, while the solar component is expected to start delivering power by the end of 2025.Iraq’s energy sector is currently going through a renaissance. The Kurdistan Region has exported ~2.5 million barrels of crude since flows resumed on September 27, two-and-a-half years since ...

Geopolitical Impact on Oil Supply - Ukraine's attack on Russia's oil depot in Crimea raises concerns about geopolitical events affecting energy futures as winter approaches, with current oil prices at a five-year low, benefiting consumers [1] - Despite the invasion of Ukraine by Russia, oil supply disruptions have been limited, as the US and EU sanctions on Russian oil have led to a diversion of supplies to countries like China, India, and Turkey [2] Russian Oil Imports and Market Dynamics - India continues to import approximately 1.7 million barrels per day of Russian oil, despite pressure from the US to cease these purchases, indicating a complex relationship between India and Russia [3][4] - Russian oil is heavily discounted, making it a significant source for India, which relies on it for one-third of its crude oil imports [6] US Oil Production and Strategic Petroleum Reserve - US oil production reached a record high of over 13.6 million barrels per day in June, contributing to a significant oil glut [3] - The US has been refilling its Strategic Petroleum Reserve (SPR), which currently holds about 407 million barrels, but additional congressional funding is needed for further purchases [7][8] Impact on Oil Companies and Employment - The current low oil prices are beneficial for consumers but detrimental for oil companies and investors, leading to layoffs across major firms like Exxon Mobil, BP, and Chevron, as well as service providers [9][10] - The layoffs in the oil sector have a ripple effect on local economies, particularly in oil-producing regions like West Texas and New Mexico, where discretionary spending is expected to decline [10][11] Gasoline Prices and Consumer Outlook - Gasoline prices are projected to drop below $3 per gallon on the national average soon, which is favorable for consumers [12]

Group 1: Market Overview - The oil market is currently oversupplied, leading to a challenging environment for the sector [2] - There is a risk of downside asymmetrically in the near term, prompting a focus on identifying stocks that can grow dividends [3] Group 2: Company Recommendations - Wells Fargo has an overweight rating on major integrated oil companies such as Chevron, Exxon, and Marathon Petroleum, despite declining oil prices [1][4] - The refining sector is also highlighted, with companies like Dell, Philip 66, and Valero performing well [6] Group 3: Refining and Gasoline Prices - The refining environment is better than that for crude oil, but refining margins need to increase significantly to impact retail gasoline prices [7] - Retail gasoline prices are primarily driven by inflation and increased retail margins at convenience stores, rather than just refining margins [8]

The North Sea Transition Authority, a government regulator, discovered the potential oil - Danny Lawson/PA An extra 1.1 billion barrels of oil and gas have been found in the North Sea, a regulator’s report has revealed, threatening to stoke a row over Ed Miliband’s ban on new drilling. Energy companies have found preliminary evidence to suggest that new areas of the North Sea could yield 15.8 billion barrels of oil and gas, up from earlier estimates of 14.7 billion barrels. The discovery was revealed in ...

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday. The total rig count in the US rose this week to 548, according to Baker Hughes, down 37 from this same time last year. The number of active oil stayed the same in the reporting period, according to the data, at 418. Year over year, this represents a 64-rig decline. The number of gas rigs rose by 1 to 121 active rigs, which is 22 over this time last yea ...

LandBridge (NYSE:LB) is one of the best young stocks with huge upside potential. On October 7, LandBridge announced that it has agreed to acquire ~37,500 total acres from 1918 Ranch & Royalty. The acquisition is expected to close in Q4 2025. The transaction involves acreage across Loving, Reeves, Winkler, and Ward counties in Texas and is expected to increase LandBridge’s total holdings to ~300,000 surface acres. The acquired acreage is composed of ~22,000 fee surface acres, ~3,500 surface acres held unde ...

Core Insights - The best business to own is one that can employ large amounts of incremental capital at high rates of return over an extended period [1] Group 1: Investment Philosophy - The focus is on sectors such as Oil, Gas, Energy, and Metals, indicating a specialization in fundamental analysis within these industries [1] - A deep "Margin of Safety" and a "Catalyst" are required for stock inclusion in the portfolio, emphasizing a conservative investment approach [1] - The portfolio typically contains no more than 10 stocks, suggesting a concentrated investment strategy [1] Group 2: Background and Expertise - The analyst has transitioned from engineering to capital management since 2018, highlighting a diverse professional background [1] - Knowledge in finance and valuation has been acquired from reputable sources, including NYU Professor Damodaran and classic investment literature [1] - Writing articles serves as a method to organize thoughts and share insights, indicating a commitment to educating others about the energy sector [1]