Company Overview - Oregen Energy Corp is an investment company primarily focused on oil and gas assets in Africa [2] - The company is exploring investment opportunities in the Orange and surrounding basins [2] - Oregen's flagship investment is a 33.95% net interest in Block 2712A in the Orange Basin offshore Namibia, which is recognized as an emerging world-class petroleum province with multiple recent discoveries by major operators [2] Recent Developments - Oregen Energy Corp has granted a total of 900,000 restricted share units (RSUs) to a director and officer of the company [1] - The RSUs will expire on December 31, 2028 [1]

January WTI crude oil (CLF26) on Friday closed down -0.10 (-0.17%), and January RBOB gasoline (RBF26) closed down -0.0058 (-0.32%). Crude oil and gasoline prices fell from 1-week highs on Friday and settled lower.  Crude prices came under pressure on Friday in hopes of an end to the Russian-Ukrainian war, which could lead to the end of sanctions on Russian energy and boost global oil supplies.  Crude prices initially rose on Friday after the dollar index (DXY00) fell to a 1.5-week low.  Crude prices also ...

Core Insights - Chevron Corporation (CVX) is a leading multinational energy company with a market cap of $301.2 billion, involved in exploring, producing, refining, and marketing energy products globally [1][2] Company Performance - CVX stock is currently trading 11.5% below its 52-week high of $168.96, which was reached on March 26 [3] - Over the past three months, CVX has declined by 5%, underperforming the S&P 500 Index, which gained 5.1% during the same period [3] - Year-to-date, CVX is up 3.2%, but has seen an 8% decline over the past 52 weeks, while the S&P 500 has gained 15.8% in 2025 and 13.6% over the past year [4] Market Trends - CVX has been trading below its 50-day moving average since late September, although it has remained above the 200-day moving average since early July [4] - The stock's underperformance is attributed to falling global oil prices and specific operational and legal challenges faced by the company [5] - The expiration of Chevron's U.S. license for Venezuelan operations in May 2025 resulted in a loss of high-margin production, further impacting cash flow [5] Competitive Landscape - In comparison, Exxon Mobil Corporation (XOM) has gained 6.7% year-to-date but has declined by 2.7% over the past 52 weeks [6]

Core Insights - Fluidsdoc is a seasoned expert in the oil industry with 40 years of experience across six continents and over twenty countries, specializing in the upstream oil sector [1] Group 1: Company Overview - Fluidsdoc leads The Daily Drilling Report, an investment group that provides analysis for the oil and gas industry [1] - The group features a model portfolio that encompasses all segments of upstream oilfield activity, offering weekly updates [1] - Investment ideas are provided for both U.S. and international energy companies, covering a range from shale to deepwater drillers [1] Group 2: Analytical Approach - The group employs technical analysis to identify catalysts within the oil and gas sector [1]

January WTI crude oil (CLF26) today is up +0.62 (+1.06%), and January RBOB gasoline (RBF26) closed up +0.0316 (+1.73%). Crude oil and gasoline prices rallied to 1-week highs today as the decline in the dollar index (DXY00) to a 1.5-week low is bullish for energy prices.  Also, the concern that the Russian-Ukrainian war will continue supports crude prices.  Russian President Putin was vague when asked about US President Trump's proposal for ending the war, and European Commission Vice President Kallas said ...

Group 1 - Crude Value Insights provides an investment service and community focused on the oil and natural gas sectors, emphasizing cash flow and companies that generate it [1] - The service offers subscribers access to a model account with over 50 stocks, detailed cash flow analyses of exploration and production (E&P) firms, and live chat discussions about the sector [1] Group 2 - A two-week free trial is available for new subscribers, promoting engagement with the oil and gas market [2]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Group 1: Oil Market Overview - Crude oil prices are stable ahead of the upcoming OPEC+ meeting, with ICE Brent settling around $63 per barrel [2] - OPEC+ is expected to maintain current production quotas during the meeting on November 30, 2025, with no changes anticipated for January 2026 [3] - A CME outage has disrupted WTI trading, affecting a market that typically handles 26 million contracts daily [4] Group 2: Regional Developments - Syria plans to increase crude production to 200,000 barrels per day, doubling current output, and is also planning to build a new 150,000 barrels per day refinery [5] - Canada is advancing a new oil pipeline project with a capacity of 1 million barrels per day to connect oil sands to the Pacific Ocean, with construction expected to start in 2029 [6] - A military coup in Guinea-Bissau has impacted upstream markets, particularly affecting Chevron's recent exploration deal [7] Group 3: International Collaborations - Argentina's YPF has partnered with Italy's ENI for offshore exploration in Uruguay, aiming to replicate successful geological characteristics found in Namibia's Orange Basin [8] Group 4: Security Incidents - A drone attack on the Khor Mor gas field in Iraq's Kurdistan region has caused significant outages, affecting operations at the Dana Gas-operated facility [9]

Core Insights - Petrobras has approved its investment plan for 2026–2030, reducing the budget by 2% to $109 billion (581.2 billion reais) due to lower international oil prices [1][2] - This marks the first reduction in the five-year budget since President Luiz Inacio Lula da Silva took office in 2023 [2] Investment Allocation - Out of the total investment, $91 billion is allocated to projects under implementation, with $10 billion earmarked for projects needing budget confirmation and financing analysis [1] - The remaining $18 billion is still under analysis and has a lower degree of maturity [2] Project Focus - The business plan allocates $69.2 billion for exploration and production projects, with 62% designated for pre-salt fields, 24% for post-salt fields, and 10% for exploration activities [3] - An additional 4% is allocated for onshore projects, shallow-water assets, international assets, technology initiatives, or decarbonization projects [3] Production Goals - Petrobras plans to implement eight new production systems by 2030, with ten additional projects considered post-2030 [4] - The company expects to drill 15 wells at Brazil's Equatorial Margin and forecasts peak oil production to reach 2.7 million barrels per day (mbbl/d) in 2028 [4] Short-term Targets and Financial Commitments - The short-term target for oil production has been raised to 2.5 mbbl/d for the next year, up from the previous target of 2.4 mbbl/d [5] - Petrobras has committed to a regular dividend payout of $45–$50 billion for the 2026–30 period while maintaining a gross debt limit of $75 billion [5]

By Promit Mukherjee OTTAWA (Reuters) -Canada's economy grew at a much faster pace than expected in the third quarter as crude oil exports and government spending boosted economic activity, data showed on Friday,​ even as business investments and household consumption disappointed due to the lingering uncertainty over U.S. tariffs. Third-quarter ‌annualized gross domestic product grew 2.6%, Statistics Canada said, escaping what could have been a technical recession after a contraction in the previous ‌qua ...