Oil & Gas

Greenland Energy Appoints Sidus Space CEO Carol Craig to Board Amid Arctic Drilling Push
Greenland Energy (GLND) has appointed Carol Craig, founder and CEO of Sidus Space, to its board, signaling a strategic move to bolster expertise as it faces significant geological, regulatory, and financial risks in its quest to develop oil resources in East Greenland's Jameson Land Basin.

Greenland Energy Appoints Sidus Space CEO Carol Craig to Board of Directors
Greenland Energy Company (NASDAQ: GLND) has appointed Carol Craig, CEO and chair of Sidus Space, to its board, signaling a strategic move to strengthen governance as it advances oil exploration in Greenland's Jameson Land Basin.

Greenland Energy Advances Arctic Drilling Plans After Nasdaq Listing and Halliburton Deal
Greenland Energy Company announced progress on its East Greenland exploration program, including a Halliburton partnership and a $70 million public offering, targeting up to 13 billion barrels of oil resources.

Greenland Energy Advances Arctic Drilling with Halliburton Deal, Targets October 2026
Greenland Energy Company (NASDAQ: GLND) reports progress on its East Greenland exploration program, including a $70 million public offering and partnerships with Halliburton and Stampede Drilling, targeting first drilling in October 2026.

Greenland Energy Secures Halliburton Deal, Targets October Drilling in Arctic Basin
Greenland Energy advances its Arctic exploration program with a Halliburton partnership and plans to drill two wells in the Jameson Land Basin, which holds an estimated 13 billion barrels of prospective resources.

Greenland Energy Advances Arctic Drilling Plans with Halliburton Partnership After $70M Nasdaq Debut
Greenland Energy (GLND) progresses its East Greenland exploration program with a drilling agreement and Halliburton partnership, targeting October 2026 drilling of two wells in a basin with up to 13 billion barrels of potential resources.

Fed Beige Book: Manufacturing Strengthens, Consumer Spending Diverges, Energy Costs Fuel Inflation
The Federal Reserve's latest Beige Book reports slight to moderate economic growth with resilient manufacturing, but highlights a growing divide in consumer spending by income and rising energy-related inflationary pressures from Middle East tensions.

Greenland's Jameson Land Basin: A High-Risk, High-Reward Frontier for Greenland Energy
Greenland Energy (GLND) is acquiring a 70% stake in the underexplored Jameson Land Basin in Greenland, a potentially massive hydrocarbon resource, but the project faces significant geological, operational, and regulatory risks.

Greenland Energy Company Secures 70% Stake in Vast Jameson Land Basin, Partnering with Halliburton
Greenland Energy Company (NASDAQ: GLND) will acquire a 70% interest in the Jameson Land Basin, one of the world's largest underexplored onshore hydrocarbon regions, by fully funding drilling, and has contracted Halliburton for project management, highlighting a major but high-risk opportunity in Arctic oil exploration.

InPlay Oil Renews Share Buyback Program, Signaling Confidence in Long-Term Outlook
InPlay Oil Corp. has received TSX approval to repurchase up to 10% of its public float, aiming to enhance shareholder value amid volatile energy markets.

Resilient Energy Forms Joint Venture to Expand Oilfield Services Operations
Resilient Energy Inc. has formed a joint venture through its subsidiary Bullet SWD LLC, expecting to generate high-margin revenue from saltwater disposal services before summer 2026.

Ring Energy Prices $60 Million Public Offering to Reduce Debt
Ring Energy announced a $60 million public offering to repay borrowings under its senior secured revolving credit facility, highlighting its focus on debt reduction.

Greenland Energy Accelerates Arctic Drilling in Jameson Land Basin with Five-Year Rig Deal
Greenland Energy has secured a five-year drilling agreement with Stampede Drilling for Arctic operations, targeting multi-billion-barrel hydrocarbon potential in Greenland's Jameson Land Basin, but faces significant geological, operational, and financial risks.

Greenland Energy CEO Outlines Fully Funded Arctic Drilling Campaign in Jameson Land Basin
Greenland Energy Company has secured $70 million financing for a two-well drilling program in Greenland’s Jameson Land Basin, targeting multibillion-barrel oil potential with geological similarities to the North Sea.

Greenland Energy Secures Arctic Drilling Rig for Jameson Land Basin Campaign
Greenland Energy (NASDAQ: GLND) has signed a five-year drilling agreement with Stampede Drilling to explore Greenland's Jameson Land Basin, which holds multi-billion-barrel hydrocarbon potential, positioning the company in a frontier energy play amid growing global demand for new discoveries.

China's Coal Consumption May Not Rise Despite High Oil and Gas Prices Amid Iran War
Despite oil surpassing $100 a barrel and LNG prices doubling in Asia due to the Iran war, China's unique coal market structure may prevent the expected increase in coal consumption.

Greenland Energy Directors Buy Shares and Warrants, Signaling Confidence in Arctic Exploration
Directors of Greenland Energy Co. purchased over 178,000 common shares and 276,000 warrants in May 2026, reflecting insider confidence in the company's Jameson Land Basin project.

Stonegate Capital Partners Initiates Coverage on Nine Energy Services, Highlighting Post-Bankruptcy Transition
Stonegate Capital Partners initiated coverage on Nine Energy Services, noting the company's emergence from bankruptcy and positive commercial stability as key indicators of its market relevance, with upside tied to normalization and mix rather than broad activity recovery.

Greenland Energy Targets 13 Billion Barrel Oil Basin in East Greenland Following Nasdaq Debut
Greenland Energy Company advances drilling plans for the undrilled Jameson Land Basin, which holds an estimated 13 billion recoverable barrels of oil, amid growing Arctic energy security interest.

Strait of Hormuz Disruption Threatens Global EV Production as Raw Material Supply Chains Face Strain
The ongoing crisis in the Strait of Hormuz is endangering electric vehicle manufacturing by obstructing the transport of critical battery raw materials, potentially leading to production slowdowns and higher consumer prices.

Greenland Energy Targets Frontier Hydrocarbon Development Amid Global Supply Concerns
Greenland Energy (NASDAQ: GLND) is positioning itself in Greenland’s underexplored Jameson Land Basin to address growing global energy supply pressures from underinvestment, reserve depletion, and geopolitical instability.

Greenland Energy Secures Drilling Agreements to Advance Arctic Oil Exploration
Greenland Energy Company has signed strategic agreements with Stampede Drilling to secure advanced rig capacity and logistics, positioning it to tap into Greenland's potential as a frontier for hydrocarbon resources amid global energy supply concerns.

Greenland Energy Secures Drilling Agreements, Paving Way for Arctic Oil Exploration
Greenland Energy (GLND) has signed strategic agreements for rig capacity and logistics to advance its onshore oil drilling program in Greenland's Jameson Land Basin, potentially unlocking significant hydrocarbon resources amid global energy security concerns.

Oregen Energy Hires Former Impact Oil & Gas Executive to Advise on Namibia Offshore Block
Oregen Energy Corp. appoints Philip Birch as strategic advisor to evaluate a potential investment in Namibia's offshore Block 2812Ab, adjacent to the major Venus discovery, leveraging his expertise in the region's petroleum systems.

Greenland Energy Targets Frontier Basin as Global Supply Pressures Mount
Greenland Energy Company is focusing on Greenland's Jameson Land Basin to tap into frontier hydrocarbon resources amid global supply disruptions and reserve depletion.

Oregen Energy Appoints Former Impact Oil & Gas Executive Philip Birch as Strategic Advisor for Namibia Offshore Block
Oregen Energy Corp. has appointed petroleum geoscientist Philip Birch, who played a key role in the Venus discovery, as strategic advisor to evaluate a potential investment in Namibia's offshore Block 2812Ab, adjacent to a major oil find.

Oregen Energy Appoints Former Impact Oil & Gas Executive as Strategic Advisor for Namibia Offshore Block
Oregen Energy Corp. has appointed Philip Birch, a petroleum geoscientist who helped identify the Venus discovery, as strategic advisor as it evaluates an investment in Namibia's offshore Block 2812Ab, adjacent to the Venus prospect.

Greenland Energy Company Emerges as Key Player in Arctic Oil and Gas Exploration
Greenland Energy Company (NASDAQ: GLND) is advancing exploration in Greenland's Jameson Land Basin, aiming to unlock hydrocarbon potential and enhance global energy security.

Renewed Calls for Windfall Tax on Oil Companies as Profits Surge After Iran Strike
A U.S.-Israeli military strike on Iran has driven oil prices up, boosting energy company profits and reigniting advocacy for taxing those gains to fund clean energy and consumer relief.

Gold Prices Slide Amid Iran Tensions and Strong Dollar
Gold fell about 2% to around $4,521 as escalating Gulf tensions boosted oil and a stronger dollar weighed on the metal, with long-term outlook remaining positive for industry players.