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Oil and Gas

Battalion Oil Prepares 8 Wells to Accelerate Delaware Basin Drilling

Antonio Zavarce · August 17, 2026

Battalion Oil prepares up to eight wells at Monument Draw as it reduces leverage and focuses its development strategy on Delaware Basin drilling.

Oil and Gas

Peter Thiel Invests US$76 Million in Vista Energy in Vaca Muerta

Antonio Zavarce · August 17, 2026

Peter Thiel’s Thiel Macro acquired a 1% stake in Vista Energy for about US$76 million as the oil producer continues expanding its operations in…

Oil and Gas

US gasoline prices reach historic highs in August

Joshua Falcón · August 16, 2026

The national average exceeds four dollars per gallon for the third time this year, driven by the closure of the Strait of Hormuz.

Oil and Gas

Petrobras in Foz do Amazonas Finds Oil and Gas

Antonio Zavarce · August 16, 2026

Petrobras identified oil and gas at the Morpho exploration well in Foz do Amazonas as drilling continues to assess the potential of Brazil’s Equatorial…

Oil and Gas

Chevron appoints Uriel Oseguera as new treasurer

Marcos Medina · August 16, 2026

Uriel Oseguera will assume the treasurer position at Chevron on November 1st following the retirement of Navin Mahajan.

Oil and Gas

Data Center Pipeline Exposes AI’s Energy Challenge

Antonio Zavarce · August 16, 2026

A data center pipeline supplying Oracle’s Project Jupiter faces delays, highlighting how natural gas infrastructure is becoming critical to the rapid expansion of AI

Oil and Gas

North Sea Plans to Use Vessels to Cut Well Abandonment Costs by 30%

Antonio Zavarce · August 15, 2026

North Sea well abandonment could enter a more efficient phase as 17 operators support vessel sharing to cut subsea wellhead removal costs by around…

Oil and Gas

Tanker data contradicts US claims about crude oil crossing Hormuz

Marcos Medina · August 15, 2026

Tanker data indicate that crude oil flows through the Strait of Hormuz remain far from pre-conflict levels.

Oil and Gas

ADNOC Gas Awards $4.04 Billion EPC Contract to Expand Habshan

Antonio Zavarce · August 14, 2026

ADNOC Gas will expand Habshan through a $4.04 billion EPC contract covering a new gas processing train, deep NGL recovery and a 220 kV…

Oil and Gas

AI in Oil Exploration Identifies 4 Opportunities in Guyana

Antonio Zavarce · August 14, 2026

AI in oil exploration helped ExxonMobil identify four opportunities in Guyana’s Stabroek Block using seismic analysis and advanced subsurface technologies.