VDE Vanguard Energy Index Fund ETF Shares
Company Analysis
Latest News
ExxonMobil targets Venezuelan oil fields, following Nicolás Maduro’s removal
ExxonMobil is in advanced talks to acquire production rights for up to six Venezuelan oil fields, according to The New York Times. The deal could be finalized...
IEA Warns Of Oil Red Zone, Citing Strait Of Hormuz Disruption
International Energy Agency chief Fatih Birol warned on May 22, 2026, that the global oil market faces a supply red zone by July. Tensions in the Middle East...
Goldman Sachs reports record 8.7M barrel oil drain, citing Hormuz closure
Goldman Sachs reports global crude oil stockpiles are shrinking by a record 8.7 million barrels per day in May 2026. This drawdown rate is nearly double the...
Crude oil drops to $97, following US-Iran peace talk progress
Global crude oil prices fell on May 22, 2026, following diplomatic progress between the U.S. and Iran. U.S. Secretary of State Marco Rubio reported some good...
Devon Energy Pays $2.6 Billion for Delaware Basin Land, Shares Slip
Devon Energy (NYSE: DVN) announced the $2.6 billion acquisition of undeveloped Delaware Basin acreage on May 21, 2026. The deal includes 16,300 net acres. The...
Devon Energy Buys $2.6 Billion Permian Land, Expanding Delaware Basin Inventory
Devon Energy (NYSE: DVN) acquired 16,300 net undeveloped acres in New Mexico’s Delaware Basin on May 21, 2026. The company paid approximately $2.6 billion for...
Crude Oil Surges Past $100, Iran Uranium Export Ban
Crude oil prices rose sharply on Thursday. West Texas Intermediate (WTI) futures climbed over 2%. Prices for the benchmark traded above $100 a barrel. Brent...
U.S. EIA reports record SPR draw, as oil prices climb
The U.S. Energy Information Administration (EIA) reported a record withdrawal of nearly 10 million barrels from the Strategic Petroleum Reserve (SPR) last...
Ford Energy secures 20 GWh battery storage deal with EDF
Ford Energy and EDF Power Solutions North America signed a five-year framework agreement for large-scale battery energy storage systems (BESS). EDF will...
Enverus forecasts global gas deficit, following major Qatari LNG outage
Enverus Intelligence Research reports that a lasting outage at a Qatari LNG facility has shifted the global market into a structural supply deficit. Damage to...
ConocoPhillips signs 30-year Alaska gas deal, enabling final investment decision
ConocoPhillips signed a 30-year gas sales precedent agreement with Glenfarne Alaska LNG, a subsidiary of Glenfarne Group. This deal secures natural gas supply...
ExxonMobil and QatarEnergy partner with Egypt, targeting Cypriot gas exports
Egypt’s Ministry of Petroleum and Mineral Resources signed a memorandum of understanding with ExxonMobil and QatarEnergy. The agreement explores connecting...
ConocoPhillips Secures 30-Year Gas Deal, Advancing Alaska LNG Project
ConocoPhillips Alaska and Glenfarne Group subsidiary Glenfarne Alaska LNG LLC signed a 30-year gas sales precedent agreement. This contract secures a long-term...
Repsol and Santos reach first oil at Pikka, reviving Alaska’s energy sector
Repsol and Santos have achieved first oil at the Pikka project on Alaska's North Slope. The development represents a total investment of approximately US$1...
Woodside Warns LNG Supply Risks Are Underestimated, Citing Hormuz Conflict
Woodside Energy Group CEO Liz Westcott warns that global markets underestimate the long-term impact of the Iran conflict on liquefied natural gas (LNG) supply....
INOXGFL leads ₹5,000 crore bid for Vena Energy’s Indian assets
INOXGFL Group emerged as the leading bidder for Vena Energy's 1.1-gigawatt Indian renewable energy portfolio. The deal values the platform at an enterprise...
NextEra Energy acquires Dominion for $67 billion, fueling AI data center growth
NextEra Energy will acquire Dominion Energy in an all-stock transaction valued at $67 billion. This merger creates a utility giant with a generation capacity...
UAE exits OPEC to boost production, ending era of rigid quotas
The United Arab Emirates (UAE) officially withdrew from the Organization of the Petroleum Exporting Countries (OPEC) on May 1, 2026. This departure allows the...
BP Cuts Stakes in UK Carbon Capture, Shifting Focus to Oil
BP plans to sell its equity in the Net Zero Teesside (NZT) Power and Northern Endurance Partnership (NEP) projects. The company reached major milestones...
Russia targets China for Power of Siberia 2 deal, seeking market pivot
Russian President Vladimir Putin meets Chinese President Xi Jinping in Beijing on May 19, 2026. The primary goal is securing a final agreement for the Power of...