Santos Launches Pikka Oil Exports, Eyes 80K BPD by 2026
Santos shipped its first Pikka Phase 1 crude cargo from Alaska, currently producing 23,000 bpd, targeting 80,000 bpd by Q3 2026, adding new U.S. West Coast supply.
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Recently added · Page 1Argentina's Shale Boom Signals Long-Term Oil Supply Growth
Argentina's Vaca Muerta shale output hit record highs, now 70%+ of national hydrocarbon production. Long-term supply growth reshapes Americas energy security, adding global supply amid Middle East St…
Iran Conflict Spikes Oil as Suriname's Reserves Signal Future Supply Surge
Middle East tensions over U.S.-Iran conflict and Strait of Hormuz disruptions are pushing oil prices up, while Suriname's offshore Block 58 GranMorgu project and Block 52 discoveries signal a coming …
Argentina's Shale Boom Hits Record Highs, Threatens Global Oil Prices
Argentina's Vaca Muerta shale formation hit record oil and gas output in May 2026, with production up 19% YoY. Massive investment ($10B in 2026) signals sustained long-term supply growth, potentially…
Chevron's Iraq Oil Deals Could Reshape Global Supply & Hormuz Risk
Chevron signs MOUs to develop major Iraqi oilfields (Nassiriya, West Qurna 2) and explores pipelines bypassing the Strait of Hormuz, potentially boosting future global oil supply and reducing geopoli…
ConocoPhillips Expands Iraq Oil Stake, Eyes 3B+ Barrel Reserves
ConocoPhillips acquires 42% stake in BP's Kirkuk Iraq assets, adding 3B+ barrels of low-cost conventional resources. Deal closes 2026, minimal upfront capital needed, signaling long-term global oil s…