Shell has agreed to acquire ARC Resources in a $13.6-billion deal, adding Montney shale production and strengthening its oil and gas portfolio in Canada. SourceContinue Reading
Shell has agreed to acquire ARC Resources in a $13.6-billion deal, adding Montney shale production and strengthening its oil and gas portfolio in Canada. SourceContinue Reading
GeoPark reported higher oil and gas production in first-quarter 2026, supported by Colombia operations, while initiating drilling activity in Argentina’s Vaca Muerta shale play to drive future growth. SourceContinue Reading
A nearly 1-billion-barrel supply loss tied to the Hormuz disruption is pushing oil markets toward a turning point, with traders warning demand destruction is set to accelerate globally. SourceContinue Reading
U.S.-Iran talks have stalled after Washington canceled a key diplomatic trip and Tehran rejected negotiations under pressure, as blockades keep Strait of Hormuz traffic near a standstill. SourceContinue Reading
Argentina’s incentive program is expected to accelerate development of a $12-billion Vaca Muerta shale oil project, boosting production and investment in the country’s key basin. SourceContinue Reading
A sanctioned Iranian oil tanker halted in the Strait of Hormuz amid a U.S. blockade, as shipping traffic through the key oil chokepoint remains severely constrained. SourceContinue Reading
Baker Hughes CEO Lorenzo Simonelli expects upstream oil and gas investment to rebound in 2026–2027, driven by energy security concerns and supply disruptions linked to the Iran conflict. SourceContinue Reading
APPO is pushing regional energy hubs to connect infrastructure and unlock Africa’s oil and gas potential, as operators look to scale investment and monetize the continent’s vast gas reserves. SourceContinue Reading
The White House has extended a Jones Act shipping waiver to mid-August, allowing foreign vessels to transport oil and fuel between U.S. ports to ease supply disruptions linked to the Iran conflict. SourceContinue Reading