Vanguard Energy Index Fund ETF Shares News - May 4, 2026
Petronas Gas to Build First Floating LNG Terminal, Securing Domestic Supply
Petronas Gas Berhad (PGB) received approval from Malaysia's Ministry of Economy to develop the country's third liquefied natural gas (LNG) regasification...
Chevron targets massive Iraqi oilfields, replacing Russian firms to expand reserves
Chevron is negotiating to acquire production stakes in the West Qurna 2 and Nasiriyah oilfields in Iraq. The US supermajor intends to replace Russian...
OPEC+ boosts oil output by 188,000 barrels, reversing voluntary cuts
Seven OPEC+ nations, including Saudi Arabia and Russia, will increase oil production by 188,000 barrels per day starting June 2026. Members finalized this...
ADNOC Tanker Targeted by Iranian Drones, Disrupting Global Oil Trade
The UAE government announced Monday that two Iranian drones targeted an Abu Dhabi National Oil Company (ADNOC) tanker. The attack occurred while the vessel...
OPEC+ Hikes June Output After UAE Exit, Seeking Market Stability
Seven OPEC+ members, including Saudi Arabia and Russia, will increase their collective production quota in June. This move adds 188,000 barrels per day to the...
OPEC+ Raises June Oil Output, First Decision After UAE Exit
OPEC+ and its allies agreed to increase oil production by 188,000 barrels per day (bpd) for June. A core group of seven producers, including Saudi Arabia and...
CENTCOM launches Project Freedom in Strait of Hormuz, lowering oil prices
U.S. Central Command (CENTCOM) launched Project Freedom to ensure freedom of navigation through the Strait of Hormuz. The mission involves destroyers,...
OPEC+ Raises Oil Production, Signaling Stability After UAE Exit
Seven OPEC+ nations, including Saudi Arabia and Russia, will increase oil production by 188,000 barrels per day effective in June. The group announced the...
OPEC+ members hike oil production, stabilizing market after surprise UAE exit
Saudi Arabia, Russia, and five other OPEC+ nations will increase collective oil production by 188,000 barrels per day. This output hike begins in June...