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Fri. Oct 30th, 2026
Trending News: Sinopec Third-Quarter Profit Jumps 64% as Oil Prices ClimbShell Profits Nearly Double to $10.8 Billion as Refining Margins Hit RecordTotalEnergies Profit Doubles as War Boosts Refining and TradingIran War Hikes EU’s Oil Import Bill By $11 Billion Per MonthUK National Grid to Extend France Power Link Operation to 2050Trafigura Signs New Gas Supply Deal with German SEFEDOE Closes $5.1B Loan Package for Alliant’s Iowa, Wisconsin Gas Power and Battery Storage BuildoutLinde raises helium prices in Q3Linde sees no near-term recovery in European industrial demandAI key driver of Air Liquide’s advanced materials growthEU Scrambles to Contain Energy Price Crisis Ahead of WinterEU Rules Out New Climate Finance Pledges at COP31Equinor Doubles Estimate for Major North Sea Gas DiscoveryWhat Would a Midterm Democrat Sweep Mean for USA Oil, Gas?Zimbabwe Clean Energy Week 2026 Draws Closer as Industry Leaders Prepare to Meet in Harare  KSERC Caps Short-Term Power Procurement At INR 8 Per Unit, Approves 164.16 MU In KeralaUPERC Approves 300 MW Round-The-Clock Renewable Energy Procurement For Noida Power CompanyAir Liquide weighs industrial restructuring as European chemicals struggleMalaysia’s 200 MW Chereh Floating Solar Project Advances with Construction Launch and MYR 580 Million FundingPVH Showcases AxoneDuo Infinity Solar Tracker at REI Expo 2026, Strengthens Engagement with Indian Solar Industry  Linde reports Q3 sales of $9.4bnHow Trump’s Russian Diesel Could End Up in Cuba InsteadOil Prices Fall as Vance Moves to Restart Iran Peace TalksGreen Energy Stocks Rally As Sector Gains Momentum In Indian Stock Market (29 October 2026)Electronics accounts for 42% of Air Liquide’s €6.2bn backlogScatec Secures $217 Million Financing For 569 MW Solar And 100 MWh BESS Project In EgyptVideo | Helium outlook: “More bad news before we see any good news”JinkoSolar Marks 20 Years with Global Tech Day and the Launch of Tiger Neo 5.0NVVN Invites Bids For 7.055 MW Rooftop Solar Projects In West Bengal And BiharShell Approves $5B Buyback as Refining Boosts ProfitACME Solar Signs 400 MW FDRE Power Purchase Agreement With NTPC At INR 4.37 Per UnitAir Liquide sales rise as electronics growth hits 12%Hoymiles Launches MiS 6-in-1 Microinverter in India: One Unit, Up to Six Panels, Built for Indian RooftopsUBS Sees $110 Brent by Year-End as Gulf Flows Stay Below Prewar LevelsGE Vernova Expands in High-Voltage Grid Gear With Trench DealRajasthan To Pilot India’s First 250 kW Sodium-Ion Battery Storage SystemGreen Climate Fund Approves US$140 Million For Green Hydrogen Projects In Namibia And South AfricaSECI Invites Bids For 4 MW Solar Project On Delhi-Saharanpur National HighwayOyster Renewable Lays Foundation Stone For Phase 2 Of Wind-Solar Hybrid Project In Madhya PradeshHERC Puts Eleven Power’s Distribution Licence on Hold Following Haryana Government Directive“India’s Energy Storage Market Is Set for Strong Growth Over the Next 3–5 Years”: William Gui, Sineng ElectricJSW Energy Approves Fundraising of Up to INR 11,000 Crore to Support 30 GW Capacity Target by 2030JSW Energy Reports 38% PAT Growth To INR 1,141 Crore In Q2 FY27 As Capacity Reaches 15,147 MWSECI Issues Tender For 4 GW/16 GWh BESS Projects In Rajasthan And Gujarat With VGFKaramtara Engineering Secures INR 1,199 Crore Orders Across Transmission and Renewable Energy BusinessesNLC India Renewables Secures 300 MW Wind Power Project In GujaratCERC Proposes HP-DAM Access For Pumped Storage Plants To Boost Grid FlexibilityAdani Wind Secures 696.2 MW Turbine Orders From Five Power Producers In IndiaShoto And ACME Complete Commissioning Of 100 MW/400 MWh Battery Energy Storage Project In RajasthanCEA Seeks Manufacturer Readiness Data For Advanced 400 kV And 765 kV Transmission TechnologiesZambia Targets 10,000 MW Power Generation Capacity By 2031 As Energy Reforms Boost GrowthIndia Highlights 308 GW Non-Fossil Capacity At Singapore International Energy Week 2026GE Vernova To Acquire Trench Group For $9 Billion To Expand High-Voltage Grid Equipment BusinessEquinor Raises Oil and Gas Output Forecast as Operating Profit DoublesTurkish oil refiner to consider SMR deploymentWestinghouse to conduct key study for AP1000 in SlovakiaAntares, BWXT in TRISO fuel procurement dealGermany narrows search for radioactive waste repository locationPetroChina Q3 Profit Jumps to $7.78 BillionBahri Profit Hits $1.36 Billion as the World Scrambles for TankersQatarEnergy Extends LNG Force Majeure to End of 2026China’s Refiners Turn to Africa and Brazil Crude as Freight Rates EaseErreDue to supply two PEM electrolysers to jewellery firmBiomethane ‘left behind’ in UK Budget, says trade associationUK-Taiwan launch CCUS partnershipUK Budget cuts carbon capture grants as Acorn faces funding uncertaintyEquinor Profits Triple as Oil and Gas Prices SurgeChina’s Wind and Solar Power Capacity Surpasses 2 TerawattsIndia’s Gasoline Demand Could Peak by 2035 as EVs Gain GroundUK biotech firm acquires five biogas upgrading units from Air LiquideSIA signs three-year SAF offtake deal with Aether Fuels in SingaporeSIA signs three-year SAF offtake deal with Aether Fuels in SingaporeVideo | Predictably unpredictable: the geopolitics shaping helium’s futureSenvion India Secures 54.6 MW Wind Order From Prozeal Green In GujaratVeolia wins CO2 purification contract for UK carbon capture projectOil Prices Climb as Houthi Attacks Reignite Saudi Supply FearsSanctioned Oil Tankers Find a Lucrative New Trade in the Persian GulfOil Traders Brace for Iran Escalation After U.S. ElectionsEnergy on Edge Ahead of USA MidtermsWaaree Renewable Technologies Secures 450 MWp Solar EPC Order For FY2027–28 CompletionMecpower Solutions And Navitas Solar To Establish 5 GWh BESS Manufacturing Facility In GujaratSOL Group expands presence in Poland with home care acquisitionIndian Green Energy Stocks See Mixed Trading as Sensex Falls 0.5% on October 28Masdar Raises US$600 Million in Global Record AA-Rated Blue Bond for Offshore Wind ProjectsRussia’s Crude Exports Set to Fall as Diesel Production RisesUS Crude Oil Inventories Buck Analyst ExpectationsSaudi Aramco Offers Discounted Oil to Europe as Exports RecoverNuclear fuel delivered for Bangladesh’s second unitHyundai Engineering agrees to cooperate with US SMR developersTogo signs nuclear energy MoU with RosatomNuclear is Ethiopia’s next chapter, PM saysUS government loan to support Constellation upratesOPEC+ Set to Keep Oil Quotas Unchanged18.4 TW by 2035: IRENA Raises Renewables Goal as Power Demand ClimbsDiesel Drives India’s Fuel Export Windfall as Earnings Reach $12.6 BillionRas Tanura Fire Follows Attacks on Aramco Offices and Near Shaybah FieldInvestors From 119 Countries Pile Into Dangote’s Record Refinery IPOAM Green to supply Japan with green ammonia under five-year dealIs Something Else Influencing the Value of Oil?Homecare: Bringing respiratory care closer to the patient
Fri. Oct 30th, 2026

US Northeast Spot Natgas and Power Prices Hit Record Highs as Arctic Blast Boosts Heating Demand, Freezes Gas Wells

snow strom elliott dec 2022 1200x810

(Reuters) – U.S. spot natural gas and power prices soared to record highs in the northeastern part of the country as homes and businesses cranked up their heaters to escape an Arctic chill that cut gas output to a two-year low by freezing oil and gas wells and pipes earlier this week.

Cash gas prices for Tuesday soared 242% at the Algonquin Hub in New England to a record $173 per million British thermal units (mmBtu), while next-day prices at the Eastern Gas hub in Pennsylvania jumped 47% to a record $59.

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In the power market, spot prices at the PJM West Hub in Pennsylvania and Maryland soared 146% to a record $1,014 per megawatt hour (MWh).

That compares with average cash gas prices of $6.08 per mmBtu in New England and $2.79 at the Eastern Gas hub, and average next-day power prices at the PJM West hub of $60.23 per MWh in 2025.

Next-day power and gas prices also rose to record and multi-year highs in other hubs across the country in recent days, including the U.S. Henry Hub gas benchmark in Louisiana.

Reporting by Scott DiSavino, Editing by Louise Heavens

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