Energy

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

US energy sector reels after winter storm knocks out 2 million bpd of crude output

Reuters | January 27, 2026 | Energy

U.S. oil producers lost up to 2 million barrels per day, or up to 15%, of the country's production over the weekend, analysts and traders estimated, as a winter storm swept across the country, straining energy infrastructure and power grids.

Freeze causes major disruptions in US lower 48 oil and gas output – Rystad Energy market update

AJOT Newsroom | January 27, 2026 | Energy

As Winter Storm Fern swept across the US this weekend, Rystad Energy predicts the freeze will continue to cause major disruptions to US onshore oil and gas production.

Europe’s offshore wind pact is a hedge against US gas reliance

Reuters | January 27, 2026 | Energy | Alternative

European countries have agreed to jointly develop a vast offshore wind network, marking a pivotal step in the region's push to both trim its dependence on U.S. natural gas imports and tackle rising renewable energy costs.

More than 548,000 US customers without power as winter storm freezes much of the US

Reuters | January 27, 2026 | Energy

A severe winter storm that brought heavy snow, sleet and freezing rain left more than 548,000 homes and businesses without power across a swath of the U.S., from the Ohio Valley and mid-South to New England.

Green hydrogen’s reality check: Market trends and key regional developments

AJOT Newsroom | January 27, 2026 | Energy | Alternative

Green hydrogen has been promised as the next major clean energy carrier for the coming decades and has been the subject of intense hype over the past few years.

Indonesia’s captive power plants putting energy transition at risk, researchers say

Reuters | January 27, 2026 | Energy

Efforts to decarbonise Indonesia's power sector have been put at risk by a faster than expected increase in the number of off-grid coal power plants and a lack of transparency when it comes to cutting their emissions, researchers said on Tuesday.

California suing Trump administration over Sable oil pipeline restart

Reuters | January 26, 2026 | Energy

California's attorney general on Friday said the state was suing the Trump administration for asserting federal authority over two state pipelines and permitting Sable Offshore to restart pumping oil through them.

Gold soars as risk markets shrug off geopolitical tensions – Rystad Energy market update

AJOT Newsroom | January 26, 2026 | Energy | International Trade | Commodity

Global markets enter the new week facing a familiar but increasingly consequential tension: escalating geo-economic and security rhetoric on the one hand, and a macroeconomic backdrop that continues to deliver resilience on the other.

Exxon’s XTO unit seeks buyers for select Eagle Ford assets

Reuters | January 26, 2026 | Energy

Oil major Exxon Mobil's subsidiary XTO Energy is seeking buyers for some of its assets in the Eagle Ford shale basin in South Texas, an Exxon spokesperson confirmed to Reuters in a statement.

Energy

Reuters | January 26, 2026

US oil capital Houston buzzes as industry limbers up for Venezuela oil rush

In a downtown Houston bar, Matthew Goitia, a director at Pelorus Terminals, lays out his early idea to refurbish and build marine terminals that can blend and export crude and ship chemical products in Venezuela.

Chemship places repeat order with Econowind for VentoFoils on two more vessels

Chemship has returned to Econowind for the installation of VentoFoils on two additional tankers.

US oilfield service firm SLB says it can rapidly boost Venezuela operations

Reuters | January 26, 2026 | Energy

U.S. oilfield service company SLB said on Friday it can rapidly increase its activities in Venezuela, provided the appropriate licensing, safety parameters and compliance measures are in place.

Valero, Phillips 66 buy Venezuelan oil cargoes as part of Washington’s deal with Caracas

Reuters | January 26, 2026 | Energy

Valero has bought a cargo of Venezuelan crude oil, two sources said on Wednesday, one of the first deals by U.S. Gulf Coast refiners that are part of Washington's agreement with Caracas to export up to 50 million barrels.

US threatens to starve Iraq of its oil dollars over Iranian influence, sources say

Reuters | January 26, 2026 | Energy

Washington has threatened senior Iraqi politicians with sanctions targeting the Iraqi state - including potentially its critical oil revenues - should armed groups backed by Iran be included in the next government, four sources told Reuters.

Michigan sues oil companies, saying they colluded to restrain EV competition

Reuters | January 26, 2026 | Energy

Michigan Attorney General Dana Nessel on Friday filed an antitrust lawsuit against four major oil companies, asserting they have colluded for decades to forestall competition from renewable energy, including electric vehicles.

Ukraine’s grid operator says energy situation has ‘significantly’ worsened

Reuters | January 23, 2026 | Energy

Ukraine's energy situation "significantly" worsened on Friday after recent Russian air attacks, triggering emergency power outages in most regions, Kyiv's grid operator said...

Signal Ocean Tanker Market Monitor | Week 4

AJOT Newsroom | January 23, 2026 | Energy | Maritime | Bulk

Cargo-flow analysis indicates that Russian crude shipments to India slowed in early January, as reflected in the 7-day moving average across the first three weeks of the month.

US energy secretary calls for doubling global oil output in Davos

Reuters | January 22, 2026 | Energy

The world needs to more than double oil production, U.S. Energy Secretary Chris Wright said on Thursday, while criticising the European Union and the U.S. state...