Oil & Gas
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.
Civeo Corporation Beats Q1 Estimates with Quality-Driven Revenue and Margin Improvement
Civeo Corporation reported better-than-expected Q1 2026 results, driven by Canadian margin recovery and Australian services strength, but kept FY26 EBITDA guidance unchanged due to cost inflation and customer discipline.
InPlay Oil Corp. Announces Monthly Dividend of $0.09 Per Share
InPlay Oil Corp. declared a monthly cash dividend of $0.09 per common share, signaling confidence in its cash flow and commitment to shareholder returns.
Stonegate Updates Coverage on NCS Multistage Holdings, Noting U.S. Momentum Offset by Canada and International Delays
Stonegate Capital Partners maintains its coverage on NCS Multistage Holdings, highlighting that while first-quarter results missed expectations due to Canada and international project timing, the core thesis around U.S. product momentum and ResMetrics integration remains intact.
Wintermar Offshore Reports 194% Profit Surge in 1Q2026 Amid Strong Vessel Utilization and Geopolitical Tailwinds
Wintermar Offshore's attributable net profit jumped 194% year-over-year to US$4.8 million in the first quarter of 2026, driven by a 53.9% rise in owned vessel revenue and improved utilization rates, while the ongoing Iran war and energy security concerns bolster offshore support vessel demand.
Toyota Reports 139% Surge in EV Sales Amid Oil Crisis, Surpassing Industry Expectations
Toyota's electric vehicle sales jumped 139% in Q1 2025 as the Middle East conflict drives fuel price shocks, marking a major shift for the traditionally EV-resistant automaker.
Greenland Energy's Arctic Drilling Plans Highlight Western Energy Security Push
Greenland Energy Company's exploration in Greenland's Jameson Land Basin, with potential resources of up to 13 billion barrels of oil, underscores efforts to bolster Western energy security amid geopolitical risks to global supply chains.
IEA Head Declares Oil Crisis Has Permanently Reshaped Fossil Fuel Industry
The head of the International Energy Agency says the Iran war oil crisis has fundamentally altered energy security views and accelerated the shift away from fossil fuels, highlighting the growing role of alternatives like geologic hydrogen.
Greenland Energy Prices $70M Public Offering to Fund Arctic Operations
Greenland Energy has priced a $70 million public offering of shares and warrants to raise capital for working capital and operating expenses, signaling its commitment to advancing hydrocarbon exploration in Greenland's Jameson Land Basin.
Angkor Resources Boosts Stake in Cambodian Oil and Gas Block to 75%
Angkor Resources Corp. increases its ownership in the Block VIII oil and gas concession in Cambodia from 20% to 75% through a new agreement, assuming drilling costs and making a USD2 million payment.
Global Instability Fuels Push for Arctic Oil as Greenland Energy Secures Halliburton Deal
Rising geopolitical tensions in the Middle East are driving U.S. and European efforts toward energy independence, with Greenland Energy Company advancing an Arctic exploration campaign in Greenland's Jameson Land Basin, estimated to hold up to 13 billion barrels of oil, and signing a major agreement with Halliburton for integrated support.
Greenland Energy Prices $70 Million Public Offering to Fund Arctic Operations
Greenland Energy Company announced a $70 million public offering of shares and warrants, with proceeds earmarked for working capital and operating expenses in its Arctic hydrocarbon exploration activities.
Greenland Energy Partners with Halliburton for 2026 Arctic Drilling Campaign
Greenland Energy signs a key agreement with Halliburton for integrated services and logistics for its 2026 onshore drilling campaign in Greenland's Jameson Land Basin, marking a step forward in Arctic energy development.
Greenland Energy Taps Halliburton for 2026 Drilling Campaign in Jameson Land Basin
Greenland Energy Company has signed an agreement with Halliburton for integrated services to support its 2026 onshore drilling campaign in Greenland's Jameson Land Basin, marking a key step in its Arctic operations strategy.
Greenland Energy Targets Undrilled Arctic Basin with 2026 Drilling Campaign
Greenland Energy (GLND) is advancing a 2 million-acre opportunity in East Greenland’s Jameson Land Basin, a rare undrilled onshore basin, with contracts for rig and oilfield services in place for 2026.
Guardian Exploration Inc. Forms Advisory Board, Appoints Elena Baranova
Guardian Exploration Inc. announces the formation of an Advisory Board and the appointment of Elena Baranova, a seasoned international strategic advisor, to strengthen its leadership as it advances exploration and development objectives in energy and critical minerals.
Greenland Energy Targets Undrilled Arctic Basin with 13 Billion Barrel Potential
Greenland Energy Company (NASDAQ: GLND) is advancing a 2 million-acre project in East Greenland's Jameson Land Basin, which independent estimates suggest could hold up to 13 billion barrels of recoverable oil, underscoring the rarity of undrilled onshore basins of such scale.
Olenox Industries Receives Nasdaq Delinquency Notice for Late Annual Report Filing
Olenox Industries faces potential Nasdaq delisting after failing to file its annual Form 10-K report on time, highlighting compliance risks for the vertically integrated energy company.
Electric Vehicle Adoption Reverses China's Two-Decade Oil Consumption Growth
China's oil consumption has declined for the first time in twenty years due to widespread electric vehicle adoption, signaling a major shift in global energy markets and transportation trends.
Ovintiv Acquires NuVista Energy in $3.8 Billion Deal to Expand Montney Presence
Ovintiv Inc.'s acquisition of NuVista Energy Ltd. for approximately C$3.8 billion significantly expands its position in Alberta's oil-rich Montney formation, creating one of North America's premier energy producers with enhanced operational scale and financial flexibility.
Safe & Green Holdings Targets Energy Independence Through AI-Driven Demand Response
Safe & Green Holdings Corp. is positioning its subsidiary Olenox Corp. to address America's growing energy demands driven by AI expansion through revitalization of neglected oil and gas wells with real-time monitoring technology.
Angkor Resources Identifies Third Drill Prospect on Cambodian Oil & Gas Block
Angkor Resources has confirmed a third potential drilling target on its Block VIII license in Cambodia, advancing the country's pursuit of its first onshore hydrocarbon discovery.
Punyam Academy Launches API Spec Q2 Lead Implementer Training for Oil and Gas Sector
Punyam Academy's new API Spec Q2 training program addresses critical safety and compliance needs in the oil and gas service industry by equipping professionals to implement updated quality management standards.
Metawells Oil & Gas Appoints New Board President and Finalizes South Plains Petroleum Acquisition
Metawells Oil & Gas has appointed Stefanos Kalogirou as Board President and completed its acquisition of South Plains Petroleum, marking a significant expansion of the company's oil and gas portfolio in key Texas and Louisiana regions.
PEDEVCO Completes Transformative Merger to Establish Rockies-Focused Energy Powerhouse
PEDEVCO Corp. has merged with Juniper Capital portfolio companies, creating a premier Rockies-focused operator with significant oil production and extensive drilling inventory, positioning the company for accelerated growth and regional consolidation.
NCS Multistage Holdings Reports Strong International Growth in Q3 2025
NCS Multistage Holdings demonstrated robust international expansion and strategic acquisition benefits in Q3 2025, positioning the company for sustained growth in global energy markets.
Micropolis to Showcase AI Security and Robotics Solutions at ADNOC Workshop in Abu Dhabi
Micropolis Holding Co. will present its autonomous technologies at ADNOC's AI Security Workshop, highlighting the growing importance of AI-driven robotics in enhancing safety and efficiency in oil and gas operations.
Three ASX Oil Stocks Show Technical Rebound Potential Amid Global Supply Constraints
Technical analysis reveals three Australian oil companies positioned for potential rebounds as global supply constraints and U.S. reserve rebuilding create favorable market conditions.