Global Energy Report

Energy news for July 13, 2026

July 13, 2026 · 6 stories

6 stories from across power and markets. The day led with Iberdrola's global electricity distribution rises 6.3% in first half of 2026.

Power

Iberdrola's global electricity distribution rises 6.3% in first half of 2026

Iberdrola distributed 136,648 GWh of electricity worldwide in the first half of 2026, up 6.3%, as generation capacity grew nearly 4% to 56,827 MW.

Upstream

Buccaneer Energy more than doubles Pine Mills output, eyes bigger deals

The AIM-listed operator has grown net production at its East Texas field from 54 to 135 barrels a day and is now hunting for larger deals.

Power

Meta commits more than $50 billion to Louisiana data center, adds gas and nuclear power

The Richland Parish campus grows to nearly 10 million square feet and 5 gigawatts, backed by a deal for new gas plants, batteries and nuclear power.

Midstream & LNG

PETRONAS signs deal to supply Shizuoka Gas 0.84 million tonnes of LNG from 2032

PETRONAS LNG will supply Shizuoka Gas about 0.84 million tonnes of LNG over seven years starting in 2032, extending a three-decade supply relationship.

Power

Baltic Power delivers first offshore wind power to Poland's grid

Poland's first offshore wind farm, built by ORLEN and Northland Power, sent its first power to the national grid, with over 50 of 76 turbines installed.

Markets

Ontario grant funds Rock Tech test of pulp mill waste as lithium reagent

Ontario's Critical Minerals Innovation Fund is giving Rock Tech Lithium $262,500 to test whether pulp and paper waste can process lithium ore.

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