Danube’s record low leads to Hungary, Romania nuclear shutdowns

According to Magyar Villamos Művek (MVM), the Hungarian operator, the water level in the Danube is now 28 centimetres below the previous record, set in 2018, which was itself one…

US-Saudi Consortium Advances Plans for $5 Billion Gulf refinery

(Reuters) – The MERA Oil consortium of U.S. and Saudi Arabian companies is advancing plans for a $5 ​billion integrated refinery and export corridor in the ‌Gulf aimed at boosting…

NextEra, Brookfield Plan $100 Billion Kentucky Data Center Campus

(Reuters) – NextEra Energy, Brookfield and other companies are developing a $100 billion data ​center campus at a former uranium enrichment ‌site in Paducah, Kentucky, the companies said on Wednesday. Soaring…

LNG Vessel Demand Climbs as US Leads Project Growth, GTT Says

By Global demand for liquefied natural gas carriers is expected to be stronger than previously forecast over the next decade, driven by a surge in final investment decisions for new…

US Commercial Crude Stocks Fall to Lowest Since 2018 on Higher Exports, Refinery Processing, EIA Says

(Reuters) – U.S. commercial oil inventory drew more than expected last week as refineries stepped up processing and exports climbed, the Energy Information Administration said on Wednesday, as the war…

US, Saudi Hit Iran’s Allies in Iraq; Trump Vows to Punish Iran for Firing at Troops

(Reuters) – The United States and Saudi Arabia jointly struck Iran-backed groups in Iraq on Wednesday, and President Donald Trump vowed to “beat the fucking shit” out of Iran for…

AMERICAN ENERGY SNAPSHOT: The Global Energy Stress Test – How America’s Energy System Delivers

By  Months of disruption in the Strait of Hormuz have tested global energy markets, leaving the world with less cushion and less margin for error. Every country is facing the…

  • Gas
  • July 29, 2026
Baker Hughes secures liquefaction tech order for Venture Global’s CP2 LNG expansion

By 49 min ago 2 min read Global energy company Baker Hughes will supply a modularised liquefied natural gas (LNG) system to support the second phase of Venture Global’s 29…

OPEC+ Prepares to Stop Raising Oil Output Targets

OPEC+ is preparing to approve one more production increase for September and then put the monthly quota parade on hold through the end of the year. Saudi Arabia, Russia, Iraq,…

API Reports Sharp U.S. Crude Stock Draw as SPR Hits New Low

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 3.296 million barrels in the week ending July 24. In the week prior, US…