Oil, Gas and Shale
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NEWS Click on text to read news by category: General | Product | People | Worldwide

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

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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.

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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

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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

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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

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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

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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

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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

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Glenfarne’s Texas LNG Project Signs Binding Offtake Agreement with Macquarie

March 13, 2026

Glenfarne Group’s Texas LNG Project has signed a definitive 20-year sales and purchase agreement with Macquarie Energy, a global trading and financial services group, for 0.5 MTPA of LNG. “Our offtake agreement with Macquarie reinforces Texas LNG’s position as one

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ProPetro Appoints Caleb Weatherl as Chief Financial Officer

March 13, 2026

ProPetro has appointed Caleb Weatherl as chief financial officer, effective immediately. “We are thrilled to welcome Caleb to the ProPetro team. Caleb’s extensive background in the energy sector and his proven ability to drive financial performance and execute a strategy

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