Energy

Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.

EIA hikes oil price forecasts again as Iran war drains global stockpile

Reuters | October 06, 2026 | Energy

The Energy Information Administration raised its oil price forecast for this year and next year on Tuesday, as global stockpiles fall rapidly and diesel markets remain tight due to the ongoing Iran war.

EIA expects a mixed picture for households winter fuel costs this year

Reuters | October 06, 2026 | Energy

US homes that primarily heat with natural gas or propane — about half of households — will spend less on energy this winter than last, the Energy Information Administration said in its winter fuels outlook report on Tuesday.

CMA CGM selects Wärtsilä LNG engines for 12 new containerships

AJOT Newsroom | October 06, 2026 | Energy | Maritime | Liner Shipping

CMA CGM selects 36 Wärtsilä dual-fuel LNG engines for 12 new 18,000-TEU containerships under construction at China’s Jiangnan Shipyard.

Rystad Energy announces minority growth investment from Marlin Equity Partners and leadership change

AJOT Newsroom | October 06, 2026 | Energy | People | Appointments

Rystad Energy today announces it has entered into a definitive agreement for a new minority capital investment from Marlin Equity Partners alongside a planned leadership transition.

KBR awarded offshore engineering contract supporting Aramco’s Marjan field development program

AJOT Newsroom | October 06, 2026 | Energy | Conventional

Google enters massive 3.6-GW power deal with Constellation Energy

Reuters | October 06, 2026 | Energy | Alternative

Google has contracted for 3,590 megawatts of power from Constellation Energy in the US' largest power grid, with new nuclear energy accounting for about a quarter of that supply, the companies said on Tuesday.

Nord Gas Solutions again selected by Samsung Heavy Industries

AJOT Newsroom | October 06, 2026 | Energy | Conventional

Nord Gas Solutions has once again been selected by Samsung Heavy Industries.

IEA to decide details of G7 diesel and oil stocks release on October 14-15, sources say

Reuters | October 06, 2026 | Energy

The governing board of the International Energy Agency is expected to decide at an October 14-15 meeting the details of the diesel and crude oil stocks release announced by the Group of Seven last week, two people close to the matter said.

Energy

Reuters | October 06, 2026

Trump expands access to tax-exempt diesel fuel

President Donald Trump signed an executive order on Monday to expand access to tax-exempt diesel that he unveiled from a rally stage in Nebraska.

US to announce $150 million for Alaska power lines as Vance campaigns in Senate battleground

Reuters | October 05, 2026 | Energy

The US Energy Department will announce $150 million in new funding for power lines in Alaska on Monday as Vice President JD Vance visits the state, where Republicans are fighting to hold a critical Senate seat in the November midterm elections.

Trump to issue order expanding access to tax-exempt diesel fuel, sources say

Reuters | October 05, 2026 | Energy | Trucking

President Donald Trump is preparing an executive order to expand access to tax-exempt diesel that will be unveiled as soon as Monday, two sources familiar with the matter said.

Perpetual Next and Lhyfe to explore renewable hydrogen supply for biomethanol facility in Delfzijl, the Netherlands

AJOT Newsroom | October 05, 2026 | Energy | Alternative | Green Shipping

Up to 12,000 tons of green hydrogen per year could be locally produced by Lhyfe for Perpetual Next within the Groningen chemical industry cluster to decarbonize hard-to-electrify sectors.

U.S. Airlines’ August 2026 aviation fuel cost up 4.8%, consumption down 4.4%, and fuel cost per gallon up 9.5% from July 2026

AJOT Newsroom | October 05, 2026 | Air Cargo | Airlines | Energy

The Department of Transportation’s Bureau of Transportation Statistics (BTS) today released U.S. airlines’ August 2026 fuel cost and consumption numbers indicating total fuel expenditure ($6.17B) of U.S. scheduled service airlines was up 4.8% from July 2026 ($5.89B) and up 60.2% from August 2025 ($3.85B).

Energy

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