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Chevron Phillips Chemical and Drilling Specialties Launch New Drilling Fluid Lubricant
March 23, 2026
Drilling Specialties, in collaboration with Chevron Phillips Chemical’s polyalphaolefins organization, has launched NanoSlide™ drilling fluid lubricant, a proprietary next-generation drilling fluid product designed to deliver exceptional wear reduction and friction control in high-demand drilling environments. NanoSlide™ lubricant features a multiphase
Oil and Gas Prices Surge as Iran Escalates Strikes on Gulf Refineries
March 20, 2026
Iranian attacks on significant energy infrastructure and refineries in several Gulf countries pushed oil and gas prices higher in volatile trading on Thursday. Brent crude oil prices, a benchmark for global trading, climbed about 2 percent, hitting nearly $110 a
Trump Orders Netanyahu to Stop Attacking Iran’s Gas and Oil Fields
March 20, 2026
President Trump said Thursday he personally urged Israeli Prime Minister Benjamin Netanyahu to stop targeting Iran’s energy infrastructure — as the price of Brent crude oil briefly swelled to $119 a barrel. “I told him, ‘Don’t do that.’ And he
GeoPark to Acquire Two Blocks from Pluspetrol’s Vaca Muerta with $115 Million Acquisition, Argentina
March 20, 2026
GeoPark has entered into an agreement with Pluspetrol S.A. to acquire a 100 percent operated working interest in the Loma Jarillosa Este and Puesto Silva Oeste blocks that target black oil in the Vaca Muerta formation in Neuquen Province, Argentina.
Interior Generates Over $163M from National Petroleum Reserve in Alaska Oil and Gas Lease Sale
March 19, 2026
The Department of the Interior held a landmark oil and gas lease sale yesterday for the National Petroleum Reserve in Alaska, resulting in 187 leases and $163,696,722 in total receipts. The sale, which was the first for the reserve since
OG Resources Invests $125 Million in Powder River Basin
March 18, 2026
IOG Resources III closed of a joint development partnership in the Powder River Basin with an undisclosed operator. The drilling program includes 18 horizontal Niobrara wells located in Converse County, Wyoming and represents approximately $125 million of net capital. This
Glenfarne, TotalEnergies Sign Alaska LNG Offtake Agreement
March 18, 2026
Glenfarne Group, majority owner and developer of the Alaska LNG project, and TotalEnergies have signed a letter of intent (LOI) for the offtake of two million tonnes per annum (MTPA) of liquefied natural gas (LNG) from Alaska LNG. The agreement
Energy Department Approves Immediate Additional LNG Exports from Plaquemines LNG, Louisiana
March 16, 2026
U.S. Secretary of Energy Chris Wright authorized an immediate 13 percent increase in exports at Venture Global’s Plaquemines liquefied natural gas (LNG) Terminal in Louisiana. The signed export authorization allows additional exports of up to 0.45 billion cubic feet per
DOE Issues $1.9 Billion Funding Opp for Critical Grid Infrastructure Upgrades
March 16, 2026
The U.S. Department of Energy’s Office of Electricity (OE) has launched an approximately $1.9 billion funding opportunity to accelerate urgently needed upgrades to the nation’s power grid. These investments will meet rising electricity demand and resource adequacy needs, while lowering
Shell Starts Up Victory Gas Field, Delivering North Sea Gas to the UK
March 16, 2026
Shell UK has started production from the Victory gas field in the UK North Sea, approximately 47 km north-west of the Shetland Islands (Shell 100 percent owner and operator). The field will help to maintain domestically produced gas for Britain’s
