(By Oil & Gas 360) – Oil prices have climbed as infrastructure attacks and rising tensions involving Iran renew concern over the security of supply routes near the Strait of Hormuz. The waterway remains one of the world’s most important energy corridors, and even the threat of disruption is enough to lift prices. For investors, the key question is not whether
(World Oil) – President Javier Milei’s marquee program for luring investment into Argentina is poised to attract a new round of applications from crude producers after his administration broadened it to include shale oil wells. YPF SA, Vista Energy SAB, and Pampa Energia SA said on recent earnings calls that they were all eyeing the program. Known by its Spanish acronym
(Oil & Gas 360) Richard N. Frommer appointed as Interim President and CEO Erik Thoresen appointed as Chairman of the Board HOUSTON, Texas, March 03, 2026 (GLOBE NEWSWIRE) — Prairie Operating Co. (Nasdaq: PROP) (the “Company,” “Prairie,” “we,” “our,” or “us”), an independent energy company engaged in the development and acquisition of oil, natural gas, and natural gas liquids resources in
(Oil Price) – Last month’s announcement that Devon Energy and Coterra Energy are merging to create a $58-billion giant is the latest mega-deal in the U.S. shale patch, signaling smaller public companies are seeking multi-basin, multi-year increases in drilling opportunities. In early February, Devon Energy and Coterra Energy announced a definitive agreement to merge and create a premier shale operator in
(Oil & Gas 360) – Houston, Texas, March 03, 2026 (GLOBE NEWSWIRE) — Battalion Oil Corporation (“Battalion” or the “Company”) (NYSE American: BATL) today announced that it has entered into a definitive agreement to raising approximately $15 million at a price of $5.50 per share of common stock and or common stock equivalents in lieu thereof in the form of a
(World Oil) – Oil futures extended gains as the U.S.-Iran conflict widens and energy infrastructure across the Middle East comes under attack, according to Sasha Foss, Energy Analyst at CSC Commodities, a division of Marex. Front-month Brent crude rose $5.66/b to $83.40, with the prompt spread widening to $2.65/b, reflecting tightening near-term supply conditions. Foss said the biggest risks to global
(Investing) – LONDON- Global oil and gas prices jumped on Tuesday as the U.S.-Israeli war on Iran halted energy exports from the Middle East, with Tehran attacking ships and energy facilities, closing navigation in the Gulf and forcing production stoppages from Qatar to Iraq. The benchmark Brent crude oil contract gained nearly 8% on Tuesday to above $83 per barrel, the highest
