Industry News

Brazos to Grow Midland Gas Processing Capacity to 1.1 Bcfd

Industry News - Tue, 2026-08-11 08:03
Brazos Midstream plans to build a cryogenic natural gas processing plant with a capacity of 300 million cubic feet a day in Glasscock County, Texas.

NOAA Reveals Latest Atlantic Hurricane Season Prediction

Industry News - Tue, 2026-08-11 07:00
The National Oceanic and Atmospheric Administration has revealed its latest prediction for the Atlantic hurricane season.

CATL to Deliver 3 GWh Battery Supply for ContourGlobal Projects

Industry News - Tue, 2026-08-11 06:39
ContourGlobal awarded CATL a contract to deliver storage systems for battery projects in Chile, Greece and the United Kingdom with a combined capacity of three gigawatt hours.

Uniper Plans to Build Data Centers at Its Power Sites

Industry News - Tue, 2026-08-11 05:08
The German power and gas utility has identified over 10 of its electricity generation sites that have suitable infrastructure to support co-located data centers.

Why Are Oil Prices Rising?

Industry News - Tue, 2026-08-11 04:56
Several analysts take a look.

Saudis Delay Restart of 400,000 Bpd Refinery

Industry News - Tue, 2026-08-11 03:50
The Jazan oil complex is now tentatively expected to restart by August 30.

Oil Climbs as Hormuz Deal Remains Elusive

Industry News - Mon, 2026-08-10 15:45
Crude climbed as limited Hormuz traffic and Middle East tensions continued to support prices.

Ukraine Hits Major Taneco Oil Refinery

Industry News - Mon, 2026-08-10 15:00
Ukraine's military attacked the large Taneco oil refinery and the ZapSibNeftekhim petrochemical plant deep inside Russia on Monday.

Cheniere Partners Posts Higher Profit on Higher LNG Exports

Industry News - Mon, 2026-08-10 09:48
The Houston-based owner of the Sabine Pass LNG project reported $1.16 billion in net profit for the second quarter, up 110 percent from the same three-month period last year.

ERCOT Hourly Peak Load Sets New Record

Industry News - Mon, 2026-08-10 09:39
'The peak occurred during a heat wave and could be surpassed again this summer', the EIA warned.

USA NatGas Surges

Industry News - Mon, 2026-08-10 09:31
U.S. natural gas futures rose by the most in more than two months.

Algonquin to Redomicile to US

Industry News - Mon, 2026-08-10 06:56
'The redomicile is expected to deliver several strategic and financial benefits, including better aligning AQN's corporate structure with its asset footprint, as over 80 percent of the company's operations are in the United States'.

Which USA Oil Major Produced the Most in 2Q 2026?

Industry News - Mon, 2026-08-10 06:40
Which U.S. oil major produced the most in the second quarter of 2026 - ExxonMobil, Chevron, or ConocoPhillips?

CES Energy Solutions Posts Record Revenue

Industry News - Mon, 2026-08-10 05:30
Results were 'driven by strong market share positions and continued strength in service intensity, resulting in an overall uptick in revenue despite operators demonstrating continued capital discipline in a higher energy price environment', CES said.

ADNOC 'Significantly Impacted' by Attacks

Industry News - Mon, 2026-08-10 04:36
ADNOC said it continued to be 'significantly impacted' by attacks on its people and its assets.

Sunoco to Buy Offen for $600MM

Industry News - Mon, 2026-08-10 04:32
'The expanded geographic footprint complements Sunoco's existing fuel distribution operations and creates additional opportunities for organic growth and bolt-on acquisitions'.

Trump Hints at Sustained Economic Pressure on Iran

Industry News - Mon, 2026-08-10 03:26
The president signaled he is prepared to let economic pressure on Iran build rather than launch fresh military strikes, saying the U.S. was only 'semi-negotiating' with Tehran on the Strait of Hormuz.

Murphy Oil Sees Sharp Profit Increase

Industry News - Sun, 2026-08-09 06:00
Murphy Oil reported $225.8 million in net income adjusted for nonrecurring items for the second quarter, nearly six times that of the same three-month period last year as soaring oil prices offset lower production and weaker gas prices.

Trump Refunds to Cancel Offshore Wind Projects Total $4B

Industry News - Sat, 2026-08-08 07:00
The Trump administration has agreed to roughly $4 billion in settlements this year to cancel planned offshore wind projects.

Oil Steadies as Hormuz Tensions Flare

Industry News - Fri, 2026-08-07 15:14
Oil steadied as traders weighed a potential Hormuz deal against persistent Middle East shipping threats.

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