VDE Vanguard Energy Index Fund ETF Shares
Company Analysis
Latest News
Saudi Arabia Shuts East-West Pipeline, Following Drone Attack
Saudi Arabia temporarily closed its 1,200km East-West pipeline on Sunday following a drone attack. The pipeline transports 4 to 5 million barrels of oil...
Saudi Arabia Shuts East-West Pipeline After Drone Attacks, Brent Nears $108
Saudi Arabia’s Energy Ministry shut down the 750-mile East-West pipeline following drone attacks. These strikes caused fires and damage across the Riyadh and...
IEA slashes 2026 oil forecasts, citing prolonged Middle East conflict
The International Energy Agency (IEA) significantly lowered its 2026 global oil supply and demand forecasts on Friday. The agency cites the prolonged Middle...
OPEC+ Freezes Oil Production for October, Supporting Prices Above $100
Seven OPEC+ nations, led by Saudi Arabia and Russia, will maintain September production levels through October 2026. Crude prices currently exceed $100 per...
OPEC+ Holds October Production Steady, Signaling Support for Oil Prices
Saudi Arabia, Russia, and other key OPEC+ members will maintain current oil output levels through October. The group recently completed the final phase of...
ExxonMobil takes Papua LNG operatorship, aiming to accelerate final investment
TotalEnergies will transfer operatorship of the Papua LNG project to ExxonMobil to accelerate a final investment decision. TotalEnergies is reducing its...
Comstock Lands $2.1B From SOCAR and Jerry Jones, Boosting Shale Assets
Comstock Resources formed a $1.65 billion strategic partnership with SOCAR, Azerbaijan’s state-owned energy company. This alliance targets the development of...
Venezuela weighs OPEC exit, seeking deeper energy ties with U.S.
Venezuela is considering a withdrawal from OPEC, a move that could disrupt global oil market structures. U.S. officials are participating in discussions as...
Enbridge Secures C$2.7B From KKR and Apollo, Expanding Critical BC Pipelines
Enbridge Inc. signed a definitive agreement with KKR and Apollo to form a new joint venture. The partnership provides C$2.7 billion to expand the Westcoast...
Saudi Arabia Eyes State Insurance, Following Red Sea Tanker Strike
An unidentified projectile struck a commercial tanker in the Red Sea on Monday. The incident occurred approximately 63 nautical miles west of Yanbu, Saudi...
US Hits Record Energy Output, Cementing Global Market Dominance
U.S. Secretary of Energy Chris Wright announced Saturday that the United States reached record-breaking oil and gas output. This production milestone...
Iraq Targets 10 Million BPD Oil Output, Seeks Higher OPEC Quota
Prime Minister Ali al-Zaidi announced Friday that Iraq plans to increase oil production to between 8 and 10 million barrels per day (bpd) over the next six...
ExxonMobil disputes EU climate law, citing unrealistic carbon storage costs
ExxonMobil filed a formal notice of dispute with the European Commission against the Net-Zero Industry Act (NZIA). The US oil giant argues that underground CO2...
Saudi Aramco resumes Hormuz oil loadings, ending halt after tanker attacks
Saudi Aramco resumed crude oil loadings from its Strait of Hormuz terminals after a three-week suspension. The company previously halted operations following a...
U.S. Oil Reserves Plunge to 1982 Lows, Driven by Hormuz Shipping Collapse
U.S. strategic crude oil inventories fell to 293.4 million barrels last week. This marks the lowest level for the Strategic Petroleum Reserve (SPR) since 1982....
Chevron finds major oil offshore Angola, pivoting from plateauing US shale
Chevron confirmed a significant oil and gas condensate discovery at an exploration well in Block 0, offshore Angola. The well in the Lower Congo Basin...
ExxonMobil taps McDermott for Mozambique LNG, advancing massive gas project
ExxonMobil awarded a letter of intent to McDermott Energy Solutions for engineering and procurement services at the Rovuma LNG project in Mozambique. This...
ADNOC Tanker Attacked by Iran, Sending Oil Prices Up 6%
The United Arab Emirates accused Iran of attacking an ADNOC oil tanker in the Strait of Hormuz on Friday evening. This incident marks the third attack on an...
ConocoPhillips starts Alaska oil production, beating schedule and $800M budget
ConocoPhillips started production at its Coyote 3SX project on Alaska's North Slope. The development will add up to 12,000 barrels of oil per day. The...
ConocoPhillips starts Coyote oil production, finishing ahead of schedule and budget
ConocoPhillips commenced oil production at its Coyote 3SX development on Alaska’s North Slope. The company invested approximately $800 million into the...