A Nearing Russian Gas Import Ban is Creating a Unique Opportunity in Hungary October 14, 2025 - Baystreet.ca Distributed on behalf of CanCambria Energy Europe is finally cutting its reliance on Russian energy, and as a result has triggered a fast-moving race to secure domestic production. All of which is creating an interesting opportunity for companies such as CanCambria Energy (TSXV: CCEC); (OTCQB: CCEYF). In fact, European Union countries just agreed to move forward with the bloc’s plan to end Russia oil and gas imports by 2028, as noted by Reuters. That help clear the law’s first political hurdle before it’s voted on October 20. “The law, if approved, would eliminate Europe's decades long reliance on Russian oil. It would phase out Russian gas imports starting in January 2026. Short-term contracts will be terminated from June 2026. Long-term contracts will begin January 2028. Hungary, France, and Belgium are still importing Russian gas,” added Reuters. “This accounts for only 12% of EU imports of gas, down from 45% prior to Russia's full-scale invasion in Ukraine 2022. The law will oblige Hungary and Slovakia, the two countries that still import Russian oil, to develop national plans by 2028 to stop these imports,” they added. "No more will we permit Russia to weaponize energy against us... No more will we indirectly help fill up the [Kremlin's] war chests," European Commissioner for Energy Dan Jorgensen added as quoted by the BBC. That’s because Europe has grown tired of the cut offs – and Russia’s long history of using its natural gas dominance for political ends. In 2006 and 2009, for example, Russia’s disputes with Ukraine over the terms of transit contracts led to Russian gas supply cutoffs. In 2014, Russia turned off the spigot again after complaining that Ukraine failed to pay its debts, estimated at $5.3 billion, says the BBC. “This is a ban that we introduce because Russia has weaponized energy against us, because Russia has blackmailed member states in the EU, and therefore they are not a trading partner that can be trusted,” added Jorgensen, as quoted by The Guardian. Meanwhile, the crisis is creating opportunity in one of Europe’s most promising gas fields. CanCambria Energy’s (TSXV: CCEC); (OTCQB: CCEYF) Kiskunhalas Project in Hungary CanCambria Energy’s flagship asset, the Kiskunhalas Project is already a well-defined gas/condensate asset in southern Hungary. Sitting in Hungary’s prolific Pannonian Basin, which has already produced 13 billion barrels of oil equivalent – the project could become a significant contributor to the EU natural gas supply and the energy security of Hungary, added the company. Other than CanCambria, some of the other top gas companies to keep an eye on include BP (NYSE: BP), Chevron (NYSE: CVX), New Fortress Energy (NASDAQ: NFE), and Vermilion Energy (NYSE: VET) (TSX: VET). CanCambria Also Announced it Wll Present at the Schachter Catch the Energy and Kinvestor Day 2025 Conferences CanCambria Energy just announced its participation in two upcoming investor conferences taking place this month: the Schachter Catch the Energy Conference on Saturday, October 18, 2025, in Calgary, Alberta; and the Kinvestor Day 2025 Virtual Investor Conference on Thursday, October 23, 2025. Details and registration information for each event are provided below. Schachter Catch the Energy The Schachter Catch the Energy Conference will be held on Saturday, October 18, 2025, at Mount Royal University’s Bella Concert Hall and Roderick Mah Centre for Continuous Learning in Calgary, Alberta, from 7:30 a.m. MT to 4:00 p.m. MT. CanCambria President & CEO, Dr. Paul R. Clarke, will be presenting at 1:15 p.m. MT in Presentation Room 1. In addition to presenting, Dr. Clarke will be available throughout the day to meet attendees at the Company’s exhibitor area. The Catch the Energy Conference is recognized as a premier Canadian energy investment forum, featuring over 40 participating companies across exploration, production, energy services, and critical minerals. This annual event offers a unique opportunity for active investors in the energy sector to engage directly with CEOs and senior executives as they share their company stories and answer questions in a moderated format. Kinvestor Day 2025 Virtual Investor Conference CanCambria President & CEO, Dr. Paul R. Clarke, will also be presenting at the Kinvestor Day 2025 Virtual Investor Conference on Thursday, October 23, 2025, at 8:40 a.m. PT / 11:40 a.m. ET. A brief audience Q&A session will follow his presentation. Registration for the virtual event is available at: Kinvestor Day 2025. Kinvestor Day 2025 (KD25) is a premier virtual conference showcasing innovative small and mid-cap public companies primarily within the mining and energy sectors. Moderated by Arlen Hansen, host of The Kinvestor Report on YouTube, KD25 will also feature a dynamic roundtable "Powering the AI Revolution" where top industry experts Chris Berry (President, House Mountain Partners) and Ernest Scheyder (Senior Correspondent, Reuters & Author of "The War Below: Lithium, Copper, and the Global Battle to Power our Lives") explore how mining and energy sectors will shape the future of artificial intelligence. Other than CanCambria, some of the other top gas companies to keep an eye on include BP (NYSE: BP), Chevron (NYSE: CVX), New Fortress Energy (NASDAQ: NFE), and Vermilion Energy (NYSE: VET) (TSX: VET). BP safely started up its sixth major upstream oil and gas project of 2025 with production from the Murlach field in the UK North Sea. The six projects add around 150,000 barrels of oil equivalent per day combined peak net production, contributing to bp’s target to deliver an additional 250,000 boed combined peak net production by the end of 2027. “Murlach is the sixth start-up for bp in 2025 and marks another important milestone in our plan to deliver 10 major upstream oil and gas projects by the end of 2027,” said Ewan Drummond, bp’s senior VP of projects. These projects reflect bp's strength in safely increasing production to supply energy to meet global demand, while maintaining a relentless focus on shareholder returns. They also highlight our focus on efficient delivery, with four starting up ahead of schedule.” Chevron reported earnings of $2.5 billion ($1.45 per share - diluted) for second quarter 2025, compared with $4.4 billion ($2.43 per share - diluted) in second quarter 2024. Included in the quarter was a net loss of $215 million related to the fair value measurement of Hess Corporation shares, and company pension curtailment costs, partly offset by a gain on the sale of certain non-operated U.S. pipeline assets. Foreign currency effects decreased earnings by $348 million. Adjusted earnings of $3.1 billion ($1.77 per share - diluted) in second quarter 2025 compared to adjusted earnings of $4.7 billion ($2.55 per share - diluted) in second quarter 2024. See Attachment 4 for a reconciliation of adjusted earnings. New Fortress Energy announced that it has reached agreement on contract terms with the Third-Party Procurement Office and the Puerto Rico Public-Private Partnerships Authority for the long-term supply of liquefied natural gas to Puerto Rico. The contract is currently under review for approval by the Financial Oversight and Management Board of Puerto Rico. The gas supply agreement will provide a reliable and affordable supply of natural gas to Puerto Rico’s power system for a term of 7 years. This long-term arrangement will support Puerto Rico’s efforts to replace expensive, higher-emission liquid fuels with cleaner natural gas, delivering significant savings to Puerto Rican ratepayers in the process. Vermilion Energy confirmed the closing of the previously announced sale of Saskatchewan assets for gross proceeds of $415 million. The assets are comprised of approximately 10,500 boe/d (86% oil and liquids) of non-core light oil production in Saskatchewan and Manitoba. This transaction marks another significant step in Vermilion's strategic plan to high-grade the asset portfolio that began three years ago, shifting our focus toward long-duration, scalable assets with deep inventory of high return on capital opportunities. Net cash proceeds from the sale will strengthen Vermilion's balance sheet and provide further capital allocation flexibility for core Canadian and European assets. Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for CanCambria Energy Corp by CanCambria Energy Corp. We own ZERO shares of CanCambria Energy Corp. Please click here for full disclaimer. Contact Information: Ty Hoffer Winning Media281.804.7972[email protected]
A Nearing Russian Gas Import Ban is Creating a Unique Opportunity in Hungary October 14, 2025 - Baystreet.ca Distributed on behalf of CanCambria Energy Europe is finally cutting its reliance on Russian energy, and as a result has triggered a fast-moving race to secure domestic production. All of which is creating an interesting opportunity for companies such as CanCambria Energy (TSXV: CCEC); (OTCQB: CCEYF). In fact, European Union countries just agreed to move forward with the bloc’s plan to end Russia oil and gas imports by 2028, as noted by Reuters. That help clear the law’s first political hurdle before it’s voted on October 20. “The law, if approved, would eliminate Europe's decades long reliance on Russian oil. It would phase out Russian gas imports starting in January 2026. Short-term contracts will be terminated from June 2026. Long-term contracts will begin January 2028. Hungary, France, and Belgium are still importing Russian gas,” added Reuters. “This accounts for only 12% of EU imports of gas, down from 45% prior to Russia's full-scale invasion in Ukraine 2022. The law will oblige Hungary and Slovakia, the two countries that still import Russian oil, to develop national plans by 2028 to stop these imports,” they added. "No more will we permit Russia to weaponize energy against us... No more will we indirectly help fill up the [Kremlin's] war chests," European Commissioner for Energy Dan Jorgensen added as quoted by the BBC. That’s because Europe has grown tired of the cut offs – and Russia’s long history of using its natural gas dominance for political ends. In 2006 and 2009, for example, Russia’s disputes with Ukraine over the terms of transit contracts led to Russian gas supply cutoffs. In 2014, Russia turned off the spigot again after complaining that Ukraine failed to pay its debts, estimated at $5.3 billion, says the BBC. “This is a ban that we introduce because Russia has weaponized energy against us, because Russia has blackmailed member states in the EU, and therefore they are not a trading partner that can be trusted,” added Jorgensen, as quoted by The Guardian. Meanwhile, the crisis is creating opportunity in one of Europe’s most promising gas fields. CanCambria Energy’s (TSXV: CCEC); (OTCQB: CCEYF) Kiskunhalas Project in Hungary CanCambria Energy’s flagship asset, the Kiskunhalas Project is already a well-defined gas/condensate asset in southern Hungary. Sitting in Hungary’s prolific Pannonian Basin, which has already produced 13 billion barrels of oil equivalent – the project could become a significant contributor to the EU natural gas supply and the energy security of Hungary, added the company. Other than CanCambria, some of the other top gas companies to keep an eye on include BP (NYSE: BP), Chevron (NYSE: CVX), New Fortress Energy (NASDAQ: NFE), and Vermilion Energy (NYSE: VET) (TSX: VET). CanCambria Also Announced it Wll Present at the Schachter Catch the Energy and Kinvestor Day 2025 Conferences CanCambria Energy just announced its participation in two upcoming investor conferences taking place this month: the Schachter Catch the Energy Conference on Saturday, October 18, 2025, in Calgary, Alberta; and the Kinvestor Day 2025 Virtual Investor Conference on Thursday, October 23, 2025. Details and registration information for each event are provided below. Schachter Catch the Energy The Schachter Catch the Energy Conference will be held on Saturday, October 18, 2025, at Mount Royal University’s Bella Concert Hall and Roderick Mah Centre for Continuous Learning in Calgary, Alberta, from 7:30 a.m. MT to 4:00 p.m. MT. CanCambria President & CEO, Dr. Paul R. Clarke, will be presenting at 1:15 p.m. MT in Presentation Room 1. In addition to presenting, Dr. Clarke will be available throughout the day to meet attendees at the Company’s exhibitor area. The Catch the Energy Conference is recognized as a premier Canadian energy investment forum, featuring over 40 participating companies across exploration, production, energy services, and critical minerals. This annual event offers a unique opportunity for active investors in the energy sector to engage directly with CEOs and senior executives as they share their company stories and answer questions in a moderated format. Kinvestor Day 2025 Virtual Investor Conference CanCambria President & CEO, Dr. Paul R. Clarke, will also be presenting at the Kinvestor Day 2025 Virtual Investor Conference on Thursday, October 23, 2025, at 8:40 a.m. PT / 11:40 a.m. ET. A brief audience Q&A session will follow his presentation. Registration for the virtual event is available at: Kinvestor Day 2025. Kinvestor Day 2025 (KD25) is a premier virtual conference showcasing innovative small and mid-cap public companies primarily within the mining and energy sectors. Moderated by Arlen Hansen, host of The Kinvestor Report on YouTube, KD25 will also feature a dynamic roundtable "Powering the AI Revolution" where top industry experts Chris Berry (President, House Mountain Partners) and Ernest Scheyder (Senior Correspondent, Reuters & Author of "The War Below: Lithium, Copper, and the Global Battle to Power our Lives") explore how mining and energy sectors will shape the future of artificial intelligence. Other than CanCambria, some of the other top gas companies to keep an eye on include BP (NYSE: BP), Chevron (NYSE: CVX), New Fortress Energy (NASDAQ: NFE), and Vermilion Energy (NYSE: VET) (TSX: VET). BP safely started up its sixth major upstream oil and gas project of 2025 with production from the Murlach field in the UK North Sea. The six projects add around 150,000 barrels of oil equivalent per day combined peak net production, contributing to bp’s target to deliver an additional 250,000 boed combined peak net production by the end of 2027. “Murlach is the sixth start-up for bp in 2025 and marks another important milestone in our plan to deliver 10 major upstream oil and gas projects by the end of 2027,” said Ewan Drummond, bp’s senior VP of projects. These projects reflect bp's strength in safely increasing production to supply energy to meet global demand, while maintaining a relentless focus on shareholder returns. They also highlight our focus on efficient delivery, with four starting up ahead of schedule.” Chevron reported earnings of $2.5 billion ($1.45 per share - diluted) for second quarter 2025, compared with $4.4 billion ($2.43 per share - diluted) in second quarter 2024. Included in the quarter was a net loss of $215 million related to the fair value measurement of Hess Corporation shares, and company pension curtailment costs, partly offset by a gain on the sale of certain non-operated U.S. pipeline assets. Foreign currency effects decreased earnings by $348 million. Adjusted earnings of $3.1 billion ($1.77 per share - diluted) in second quarter 2025 compared to adjusted earnings of $4.7 billion ($2.55 per share - diluted) in second quarter 2024. See Attachment 4 for a reconciliation of adjusted earnings. New Fortress Energy announced that it has reached agreement on contract terms with the Third-Party Procurement Office and the Puerto Rico Public-Private Partnerships Authority for the long-term supply of liquefied natural gas to Puerto Rico. The contract is currently under review for approval by the Financial Oversight and Management Board of Puerto Rico. The gas supply agreement will provide a reliable and affordable supply of natural gas to Puerto Rico’s power system for a term of 7 years. This long-term arrangement will support Puerto Rico’s efforts to replace expensive, higher-emission liquid fuels with cleaner natural gas, delivering significant savings to Puerto Rican ratepayers in the process. Vermilion Energy confirmed the closing of the previously announced sale of Saskatchewan assets for gross proceeds of $415 million. The assets are comprised of approximately 10,500 boe/d (86% oil and liquids) of non-core light oil production in Saskatchewan and Manitoba. This transaction marks another significant step in Vermilion's strategic plan to high-grade the asset portfolio that began three years ago, shifting our focus toward long-duration, scalable assets with deep inventory of high return on capital opportunities. Net cash proceeds from the sale will strengthen Vermilion's balance sheet and provide further capital allocation flexibility for core Canadian and European assets. Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for CanCambria Energy Corp by CanCambria Energy Corp. We own ZERO shares of CanCambria Energy Corp. Please click here for full disclaimer. Contact Information: Ty Hoffer Winning Media281.804.7972[email protected]