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A service for energy industry professionals · Friday, August 21, 2026 · 936,104,338 Articles · 3+ Million Readers
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  • Published on 13:03 GMT

    Current price of oil as of August 21, 2026

    At 8 a.m. Eastern Time today, oil was priced at $95.29 per barrel with Brent serving as the benchmark (we’ll explain different benchmarks later in this article). That’s a loss of 11 cents compared with yesterday morning and more than $27 higher than the …

    Source: Fortune - Neutral
  • Published on 15:55 GMT

    Solving a 450-Megawatt Power Bottleneck

    The enormous power-hungry AI data centers across the U.S. being built have become a fixed target by media headlines.  And while controversies over tax revenues, future funding, and water dominate the minds of the communities where they’re being built, …

    Source: Energy and Capital - Neutral
  • Published on Aug 17, 2026

    Peter Thiel's hedge fund bought a stake in Argentine shale oil producer Vista Energy, sending the stock surging

    Peter Thiel's hedge fund, Thiel Macro LLC, acquired a roughly 1% stake in Argentine shale oil producer Vista Energy, according to a U.S. Securities and Exchange Commission filing published Friday, according to CNBC. Vista Energy stock climbed 5.4% in …

    Source: Quartz - Neutral
  • Published on Aug 16, 2026

    Billionaire Peter Thiel acquires $76 million stake in an Argentine shale oil producer

    Peter Thiel has bought about 1 percent of Vista Energy, one of the largest oil producers in Argentina's Vaca Muerta shale formation, according to a filing with the U.S. Securities and Exchange Commission published Friday. Thiel Macro LLC, the …

    Source: Billionaires.Africa - Pending
  • Published on Aug 16, 2026

    Peter Thiel reports stake in Argentine shale oil exporter Vista

    Peter Thiel’s hedge fund acquired a sizeable stake in Vista Energy SAB, Argentina’s top oil exporter, increasing his ties to the South American country after recently buying a mansion in Buenos Aires. Thiel Macro LLC reported owning almost 1.2 million …

    Source: Buenos Aires Times - Neutral
  • Published on Aug 20, 2026

    Hamm’s Continental to buy 50% of Mercuria Argentina oil firm

    Billionaire shale pioneer Harold Hamm’s Continental Resources Inc signed agreements to buy half of an Argentine shale oil firm owned by Mercuria Energy Group, with the firms promising more than US$4 billion of investment to expand production. Mercuria and …

    Source: Buenos Aires Times - Neutral
  • Published on 00:34 GMT

    Beijing Bets on Fossil Fuels Even as It Leads the World in Renewables

    China has become the world’s largest renewable energy producer by accelerating the rollout of solar, wind, and battery storage projects, while in recent years it has also increased its oil and gas output. Efforts to expand its fossil fuel industry are …

    Source: Oil Price - Neutral
  • Published on Aug 20, 2026

    Current price of oil as of August 20, 2026

    By 6:15 a.m. Eastern Time today, oil had reached $95.40 per barrel, measured using the Brent benchmark. That’s $1.80 more than it cost yesterday morning and $28.19 above its price a year earlier. Oil price per barrel % Change Price of oil yesterday $93.60 …

    Source: Fortune - Neutral
  • Published on Aug 20, 2026

    $38 Billion Stuck and Waiting for You

    Imagine having the opportunity to corner an entire market.  In the late 1970s, that’s precisely what two brothers named Hunt decided to do to the global silver market.  But Nelson Bunker Hunt and William Herbert Hunt didn’t just buy silver. They bought it …

    Source: Energy and Capital - Neutral
  • Published on Aug 19, 2026

    Peter Thiel Bets $76 Million on Argentina’s Vaca Muerta Shale

    Palantir chairman and hedge fund owner Peter Thiel bought a 1% stake in one of the biggest companies operating in the Vaca Muerta shale formation in Argentina in the latest evidence of the play’s prospects as the world’s second-largest shale oil and gas …

    Source: Oil Price - Neutral
  • Published on Aug 20, 2026

    Venezuela oil minister to U.S. companies: ‘It’s an entire world waiting to be discovered’

    Venezuela’s new petroleum minister sees her South American home not as a dilapidated former oil giant, but as an emerging energy economy ripe for U.S. and foreign investments in new oil and gas exploration, both onshore and offshore. Paula Henao, who took …

    Source: Fortune - Neutral
  • Published on Aug 18, 2026

    ‘He’s there to run it’: Trump’s energy whisperer looks ready to call the shots at major oil trade association

    Harold Hamm, the shale-oil pioneer President Donald Trump has called his “original oil guy,” may soon sit in the driver’s seat of one of the largest oil trade associations in the country, people familiar with the matter told POLITICO. Hamm, a wildcatter …

    Source: E&E News - Neutral
  • Published on Aug 20, 2026

    Tecpetrol invests USD 6.4 billion in Vaca Muerta: the largest private oil project approved by RIGI

    In what represents an undeniable triumph of the deregulation program and economic confidence led by President Javier Milei, the Evaluation Committee officially approved the entry of the project Los Toldos II Este by the company Tecpetrol into the Incentive …

    Source: La Derecha Diario - Right-wing
  • Published on Aug 19, 2026

    Chevron discovers oil and gas condensate off Angola

    Chevron'said Monday that it had discovered oil -and-gas condensate in an exploration well offshore Angola. This discovery?adds?to the push -to-increase production -in sub-Saharan Africa by infrastructure-led exploration. Western and southern Africa …

    Source: World Energy News - Connecticut - Pending
  • Published on Aug 19, 2026

    How the U.S. Cemented Its Spot as the World’s Top Oil Producer

    The United States remained the world’s largest crude oil producer in 2025, continuing a trend that began in 2018 and reflects a remarkable turnaround from past decades. With a record high 13.6 million barrels per day (bpd), the US led Russia (9.9 million …

    Source: Texas Border Business - Neutral
  • Published on Aug 5, 2026

    EOG Resources, a US shale oil producer, beats its quarterly profit forecasts on higher crude prices

    U.S. shale producer EOG Resources beat analysts’ estimates for the?second quarter profit on Tuesday. This was helped by an increase in crude prices. Crude prices rose sharply due to fears that the 'war in Iran', which erupted late February, would …

    Source: World Energy News - Connecticut - Pending
  • Published on Aug 5, 2026

    Devon Energy, a US shale oil producer, tops profit expectations for the second quarter

    The company reported a?higher?quarterly profit on Tuesday, exceeding 'Wall Street' expectations. This was due to a?surge?in crude oil prices, and increased production after its merger with Coterra Energy. The U.S. and Israeli war against Iran, …

    Source: World Energy News - Connecticut - Pending
  • Published on Aug 19, 2026

    Current price of oil as of August 19, 2026

    At 6:30 a.m. Eastern Time today, the price of oil sits at $93.60 per barrel, using Brent as the benchmark (we’ll explain what that means shortly). That’s an increase of $1.18 since yesterday morning and $27.41 more than at this time last year. oil price …

    Source: Fortune - Neutral
  • Published on Aug 19, 2026

    Peter Thiel drops Argentina event as protests target his investments

    Aug. 19 (UPI) -- Billionaire tech investor Peter Thiel has withdrawn from a high-profile libertarian summit in Argentina where he was scheduled to appear alongside President Javier Milei, days after protesters dressed as Gandalf demonstrated outside his $ …

    Source: United Press International (UPI) - Neutral

03 days 05:40:12

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