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IEA Member Countries Unanimously Agree to Release 400 Million Barrels of Oil from Emergency Reserves
March 12, 2026
The 32 member countries of the International Energy Agency unanimously agreed today to make 400 million barrels of oil from their emergency reserves available to the market to address disruptions in oil markets stemming from the war in the Middle
Trump Offers Political Risk Insurance and U.S. Navy Escort for Ships Through the Strait of Hormuz
March 5, 2026
President Donald Trump on Tuesday offered political risk insurance and a U.S. Navy escort for shipments flowing through the Persian Gulf amid attacks on oil tankers near the Strait of Hormuz. “Effective immediately, I have ordered the United States Development
March 3: Iran Claims Hormuz Strait is Closed, Threatens to Set Shipping there ‘Ablaze’
March 3, 2026
An Islamic Revolutionary Guard Corps senior official said on Monday that the Strait of Hormuz is closed, threatening that if any vessels pass through it, Iran “will set those ships ablaze,” state media reported. Choking off the Persian Gulf waterway,
GeoPark to Acquire Frontera Energy’s Colombian Oil and Gas Assets for $375 Million
February 25, 2026
GeoPark Limited has entered into a definitive agreement with Frontera Energy Corporation to acquire 100 percent of Frontera Petroleum International Holdings which consists exclusively of oil and gas exploration and production assets in Colombia, for a cash purchase price of
Canada-based Crown Point Acquires 95% Stake in Argentina Oil & Gas Concessions for $57.9 Million
February 12, 2026
Crown Point Energy has closed on the acquisition of interest in the El Tordillo, La Tapera, and Puesto Quiroga hydrocarbon exploitation concessions and certain related infrastructure. The company has now acquired an aggregate 95 percent interest in the Chubut Concessions.
Experts Say Trump’s Plan to Seize and Revitalize Venezuela’s Oil Industry Faces Major Hurdles
January 5, 2026
President Donald Trump’s plan to take control of Venezuela’s oil industry and ask American companies to revitalize it after capturing President Nicolás Maduro in a raid isn’t likely to have a significant immediate impact on oil prices. Venezuela’s oil industry
Happy New Year!
December 30, 2025
As we reflect on this past year, we are grateful for all those who helped shape our business in the most significant way. This is an exciting industry to be a part of as this administration puts mining and oil
Wishing You a Merry Christmas!
December 23, 2025
As we celebrate the birth of Jesus this week we are humbled by his sacrifices made throughout his journey. This week many in our industry will be taking the week off to enjoy much needed time with family and friends
Brookfield Partners with Nvidia, Kuwait Investment Authority for $100B AI Infrastructure Program
December 16, 2025
Brookfield has launched a $100 billion global AI Infrastructure program in partnership with NVIDIA and the Kuwait Investment Authority (KIA). Brookfield will anchor the program with the Brookfield Artificial Intelligence Infrastructure Fund (BAIIF), which launched with a target of $10
North Sea Midstream Partners Receives First Gas from Shell’s Victory Field, UK North Sea
November 11, 2025
North Sea Midstream Partners (NSMP) has successfully received first gas from Shell’s Victory field in the UK North Sea. The start-up of the Victory field marks the first new gas from the West of Shetland since 2017 and the first
