Energy

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

Cheniere signs deal with Bechtel to expand US LNG export capacity

Reuters | May 28, 2026 | Energy

Cheniere Energy Partners said on Thursday it had signed a contract with Bechtel Energy for engineering, procurement and construction for the first phase of its Sabine Pass LNG expansion project in Cameron Parish, Louisiana.

Natural gas for power generation flat this summer, record high expected in 2027

AJOT Newsroom | May 28, 2026 | Energy

We forecast natural gas consumption by the U.S. electric power sector this summer will remain near recent highs and set a record next summer in our May Short-Term Energy Outlook (STEO).

BAR Technologies appoints Panmarine to support WindWings® growth in Greece and Cyprus

AJOT Newsroom | May 28, 2026 | Energy | Alternative

BAR Technologies has appointed Panmarine & Industrial Services Ltd. as its commercial consultant for Greece, Cyprus and connected territories.

Accelleron service agreement supports fast-start power generation in Texas

AJOT Newsroom | May 28, 2026 | Energy | Conventional

Accelleron has signed a five-year Turbo SmartCare service agreement with Denton Municipal Electric (DME), the City of Denton’s municipally owned electric utility.

Trump’s domestic shipping waiver has not cut gasoline prices by much, data shows

Reuters | May 27, 2026 | Energy | Maritime | Bulk

President Donald Trump’s waivers allowing foreign-flagged ships to move oil and fuel between U.S. ports have had little impact on high domestic gasoline prices due to elevated shipping rates and the relatively small fuel volumes transported so far, a Reuters analysis found.

The US is a major energy exporter and importer, especially for petroleum

AJOT Newsroom | May 27, 2026 | Energy

Total energy exports from the United States reached a record 31 quadrillion British thermal units (quads) in 2025, 2% more than the previous record set in 2024. U.S. energy imports were 21 quads, down 5% from 2024.

Nuclear firm Newcleo to list on Nasdaq in a deal valuing it at $2.4 billion

Reuters | May 27, 2026 | Energy | Alternative

Battery maker ProLogium to list on Nasdaq in $3.8 billion SPAC deal

Reuters | May 27, 2026 | Energy | Alternative | Green Shipping

Taiwanese battery maker ProLogium Technology will go public in New York through a merger with blank-check vehicle Translational Development Acquisition Corp in a $3.8 billion deal, the companies announced on Wednesday.

US picks potential partners for using Cold War-era plutonium as fuel

Reuters | May 26, 2026 | Energy | Alternative

The U.S. said on Tuesday it had chosen five companies, including Oklo, to enter advanced talks over potentially using its Cold War-era plutonium as a nuclear reactor fuel.

SoftBank hires banks for US IPOs of SB Energy and AI robotics spinoff Roze, sources say

Reuters | May 26, 2026 | Energy | Alternative

SoftBank Group has tapped banks to prepare initial public offerings for its energy and infrastructure developer SB Energy and its planned autonomous robotics spinout Roze, as founder Masayoshi Son ramps up the Japanese group’s push into artificial intelligence infrastructure amid strong investor appetite for companies underpinning AI buildout, according to two people familiar with the matter.

Energy

AJOT Newsroom | May 26, 2026

CMA CGM Group delivers the NOTRE DAME, the world’s largest LNG-powered containership

The CMA CGM Group has taken delivery of the CMA CGM NOTRE DAME, a new-generation liquefied natural gas (LNG)-powered vessel and the largest containership currently operating under the French flag. The vessel has begun its maiden commercial voyage in Shanghai, China, before arriving in France and Europe in early July.

BP ousts Chair Albert Manifold citing governance and conduct issues

Reuters | May 26, 2026 | Energy

BP has ousted Chair Albert Manifold with immediate effect, it said on Tuesday, citing governance and conduct issues, with four sources alleging aggressive and unacceptable behaviour towards colleagues.

Most planned natural gas pipeline capacity additions in 2026 and 2027 originate in Texas

AJOT Newsroom | May 26, 2026 | Energy

Developers plan to bring approximately 44.9 billion cubic feet per day (Bcf/d) of new pipeline capacity online in the United States in 2026 and 2027, according to our latest Natural Gas Pipeline Projects Tracker. Approximately 70% (31.6 Bcf/d) of this new capacity is already under construction.

Russian crude exports: Who carries the barrels | Signal Ocean Market Insights Oil

AJOT Newsroom | May 26, 2026 | Energy | Maritime | Bulk

Over the first four months of 2026, the Signal Ocean Platform recorded 787 crude voyages lifted from Russian ports, totalling approximately 593 million barrels.

Construction started on liquefied biogas facility at the Port of Gothenburg

AJOT Newsroom | May 26, 2026 | Energy | Alternative | Ports & Terminals

Construction has begun on a liquefied biogas facility at the Port of Gothenburg. Owned and developed by Nordion Energi, the plant is expected to play a central role in making Swedish biogas available to more sectors, not least shipping.

Oklo says in talks on using US Cold War-era plutonium as nuclear fuel

Reuters | May 26, 2026 | Energy | Alternative

Explosion at MOL’s Tiszaujvaros petrochemical plant in Hungary kills one

Reuters | May 22, 2026 | Energy

A pipeline explosion at Hungarian oil and gas group MOL's petrochemical plant in Tiszaujvaros that killed one person and injured several others was an industrial accident, the company said on Friday.

Devon snaps up prime Delaware Basin acreage for $2.6 billion after Coterra merger

Reuters | May 21, 2026 | Energy

Shale producer Devon Energy on Thursday said it has acquired 16,300 net undeveloped acres in the core of the Delaware Basin in New Mexico for about $2.6 billion through a federal lease, strengthening its position in the top U.S. shale basin.

NAW files Supreme Court brief urging reversal of Boulder climate lawsuit

AJOT Newsroom | May 21, 2026 | Energy

The National Association of Wholesaler-Distributors (NAW) Legal Policy Center joined the Washington Legal Foundation and the NFIB Small Business Legal Center in filing an amicus curiae brief with the U.S. Supreme Court in Suncor Energy (U.S.A.) Inc. v. County Commissioners of Boulder County (No. 25-170), urging the Court to reverse the Colorado Supreme Court and dismiss a lawsuit NAW argues violates the constitutional framework governing interstate and international commerce.

Digital and AI in upstream oil and gas – a $500 billion opportunity – Rystad Energy Market Update

AJOT Newsroom | May 21, 2026 | Energy

Digitalization and artificial intelligence (AI) will create close to $500 billion in cumulative value for E&P companies between 2026 and 2030, according to Rystad Energy estimates.

Energy

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