Major Oil Companies Invest Heavily in Argentina's Vaca Muerta Shale
As crude oil prices rise, significant investments are flowing into Argentina's Vaca Muerta shale formation, which is among the largest shale reserves globally.
Latest Oil & Gas stories from Energy.
As crude oil prices rise, significant investments are flowing into Argentina's Vaca Muerta shale formation, which is among the largest shale reserves globally.
The expiration of the US Treasury's sanctions waiver on Russian seaborne oil is set to influence global oil prices amid ongoing geopolitical tensions.
As June approaches, oil markets are poised for a crucial transformation that could lead to significant price hikes and consumer panic buying.
A recent visual analysis sheds light on the oil trade through the Strait of Hormuz, emphasizing the significant role of various countries in this vital corridor.
The UAE's new oil pipeline, which bypasses the Strait of Hormuz, is poised to enhance oil supply security for India and potentially stabilize global markets.
The UAE's new oil pipeline, which bypasses the Strait of Hormuz, is poised to enhance oil supply security for India and may have significant implications for global oil prices.
Despite ongoing conflicts impacting energy supplies, Iran has maintained its crude oil shipments to China via the Strait of Hormuz.
As China's domestic oil production rises, the country claims its energy supply is 'relatively strong.' This comes as President Trump seeks China's help in securing the Hormuz energy route.
Enbridge is set to proceed with its new oil pipeline project in Canada after reaching a compromise regarding carbon emissions, announced on May 15, 2026.
Recent discussions between Trump and Xi have not led to significant progress regarding the Iran conflict, contributing to rising oil prices, as reported by The New York Times.
US oil refiners are experiencing increased profitability from biofuels, driven by government mandates and elevated fuel prices.
As traders prepare for April 6, 2026, insights into the potential movements of WTI Crude Oil prices are emerging, reflecting market sentiments and predictions.
Rising fears of potential ship attacks and seizures are contributing to an increase in oil prices, reflecting ongoing concerns about maritime security.
The Bureau of Land Management is preparing to enhance its oil leasing efforts with an auction scheduled for July, potentially drawing interest from energy firms.
As President Trump engages in discussions with China's Xi Jinping regarding the Strait of Hormuz, oil prices are experiencing notable fluctuations, according to The New York Times.
The UAE's recent decision to withdraw from OPEC raises questions about the broader implications of this move, which may extend beyond the oil sector.
In light of a more favorable outlook for oil prices, Northland Securities has raised its price target for Evolution Petroleum, reflecting current market dynamics.
Cuba is currently grappling with a severe shortage of diesel and fuel oil, a situation exacerbated by the persistent US oil blockade. The impact on transportation and energy sectors is becoming increasingly evident.
Oil prices have seen a rise as significant discussions between President Trump and President Xi are set to take place in Beijing.
Senator Ed Markey is calling for an investigation into the oil industry's pricing practices, raising concerns about potential price-gouging.