Peter Thiel, a prominent Trump-aligned donor and backer of Vice-President JD Vance, has cultivated close ties with Argentina's libertarian president, Javier Milei, a fellow right-winger.

Peter Thiel's Milei bromance pays off with $76mn Argentina shale stake

LatAmOil - Latin America Oil & Gas
By bnl editorial staff 17 August 2026
Peter Thiel has taken a $76mn stake in Argentina's top shale producer, Vista Energy, deepening his ties to President Javier Milei's government and betting oil-rich Vaca Muerta will help power the next wave of AI.

African Energy Chamber, Lothian Vineyards to launch 'Drill Baby Drill' wine brand at AEW 2026

AfrOil - Africa Oil & Gas
By Newsbase 17 August 2026
The African Energy Chamber and South African wine estate Lothian Vineyards have created “Drill Baby Drill”, an exclusive wine brand celebrating Africa’s energy industry ambitions.
Infrastructure installed for two planned small hydropower plants is being dismantled and removed from the Leshnica Valley.

Sar Mountain valley in North Macedonia gets a chance to heal after hydropower plans scrapped

Energo - CEE/FSU Power
By Valentina Dimitrievska in Skopje 17 August 2026
For years, the Leshnica Valley in North Macedonia’s Sar Mountain National Park has been caught between plans to harness its mountain rivers for electricity and efforts to preserve one of the country’s most valuable natural areas.
A map of the Iraq-Turkey Pipeline.

Iraq pays $1.62 per barrel to Turkey for oil transported via Kirkuk-Ceyhan pipeline

EurOil - Europe Oil & Gas
MEOG - Middle East Oil & Gas
By Akin Nazli in Belgrade 16 August 2026
Baghdad sold around 42mn barrels in July, made up of about 35mn from southern ports and 7mn from Turkey's Ceyhan terminal on the Mediterranean.
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