Energy news for July 9, 2026
July 9, 2026 · 7 stories
7 stories from across markets and power. The day led with UK backs a 20-year Sizewell B extension at £70.50/MWh.
Power
UK backs a 20-year Sizewell B extension at £70.50/MWh
The government agreed heads of terms with EDF for a contract for difference running from 2035, keeping about 3% of UK electricity on the system until 2055.
Markets
US crude oil output hit a record 13.6 million barrels a day in 2025
US crude production broke its own record last year, pulling about 40% ahead of Russia and Saudi Arabia even as prices fell.
Power
Sempra names new SoCalGas CEO, new CFO ahead of $22.2 billion KKR deal close
Karen Sedgwick moves from Sempra CFO to CEO of SoCalGas, and Justin Bird becomes CFO once the $22.2 billion Sempra Infrastructure sale to KKR closes in Q3 2026.
Markets
6 MTPA of new LNG capacity: Baker Hughes wins Sabine Pass equipment orders
Baker Hughes booked three awards from Bechtel and Cheniere for equipment that adds over 6 MTPA of capacity at the Sabine Pass LNG terminal.
Midstream & LNG
Sempra's ECA LNG plant ships first cargo from Mexico's Pacific Coast
ECA LNG Phase 1 in Ensenada, Mexico, shipped its first LNG cargo, on track to be the first liquefaction plant on Mexico's Pacific Coast.
Power
UK government sets fixed calendar for its renewables statistics
The UK's Energy Trends series tracks renewable power capacity and solar deployment, with some data running up to three months old.
Markets
CFTC halts CME's push for 24/7 crude oil futures trading
The commission used its authority to stay Chicago Mercantile Exchange's self-certified listing, a day before the contract could have started trading.
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