NextEra Energy Seals $1.9B DOE Loan to Restart Iowa Nuclear Plant
The Trump administration has now financed three nuclear power plant restarts.
Two Historic USA Fuel Records Fall
Two 'historic' fuel records fell recently, a blog posted on GasBuddy's website on Tuesday outlined.
Iran, USA Brace for Long War
Iran and the U.S. are digging in for a protracted war.
McDermott Wins Contract for Eni's Cronos Project offshore Cyprus
The Houston-based company received a 'substantial' contract from Eni for Cyprus' first hydrocarbon development.
EU Faces Worst Gas Storage Position in Decades, WoodMac Says
Wood Mackenzie warned that Europe faces its 'weakest' winter gas storage position for nearly two decades.
TotalEnergies Makes New Discovery offshore Angola
TotalEnergies announced a discovery in Block 17 off Angola's Atlantic coast, which it expects to put into production this quarter.
Oil Closes at Highest Level in 4 Months
The Brent oil price closed at $101.21 per barrel on Wednesday.
Iran Says Ready for Escalation after Trump Warning
'The war is going to end immediately after the election because they can't hold out any longer', Trump said.
Mexico Slashes Pemex Aid by 70 Pct in Budget
Mexico's government aims to reduce financial support for state-owned oil company Pemex's debt payments to $4.8 billion in 2027.
Oil Surges as Attacks Escalate
Brent reached $101 as Middle East disruptions, falling inventories and renewed Chinese buying tightened markets.
Korea Picks $22B Gas Project as First in USA Trade Deal
South Korea has identified a gas-fired power project in Texas as the first U.S. investment under a trade deal agreed last year, local media reported.
USA Oil, Gas Workforce Figures Buck Trend
The number of employees in the oil and gas extraction industry rose month on month, bucking a trend, data on the U.S. Bureau of Labor Statistics website showed.
ONE Nuclear Progressing Plans for 1GW Louisiana SMR Project
The pre-revenue startup said it has made 'substantive' progress in pre-development work for a proposed advanced nuclear power plant with a capacity of one gigawatt in Louisiana.
Sapphire Expands Southwest Presence into LNG Production
Sapphire acquired a small-scale liquefied natural gas production facility in Ehrenberg, Arizona, part of its efforts to establish a leading vertically integrated merchant LNG platform in the U.S.
PowerTransitions Acquires 1.24GW Roseton Gas Power Plant in NY
Roseton's 'scale and existing grid infrastructure make it an ideal candidate for co-location development into a robust energy campus, including new energy storage systems', PowerTransitions said.
HSBC Analysts Significantly Raise Oil Price Forecasts
Analysts at HSBC, including Senior Global Oil and Gas Analyst Kim Fustier, revealed that they had raised their 2026 oil price forecast by $10 per barrel and their 2027 oil price forecast by $20 per barrel.
Belgian Utility Gets Over $1B EIB Loan for Artificial North Sea Energy Isle
Elia Transmission Belgium signed a record EUR 1 billion (around $1.16 billion) credit facility with the European Investment Bank for an artificial energy island project in the North Sea.
Brent Oil Price Breaks $100 Per Barrel
The Brent oil price rose above $100 per barrel for the first time since July.
Iraq Asks OPEC to Raise Quota
Iraq is seeking a significant increase in the country's oil production quota as OPEC and its allies conduct a review of members' capacities aimed at determining how much they can pump next year, according to people familiar with the matter.
Brent Nears $100 on Mideast Strikes
Oil rose as fresh Middle East strikes heightened concerns about global supply disruptions.
