Energy news for July 14, 2026
July 14, 2026 · 8 stories
8 stories from across markets and power. The day led with Venezuela's El Palito refinery restarts fuel unit after earthquakes.
Downstream
Venezuela's El Palito refinery restarts fuel unit after earthquakes
El Palito, Venezuela's smallest refinery, has restarted the unit that makes motor fuel and is now running it at about 35,000 bpd.
Upstream
James Fisher wins contract to deploy Digi Rig on Caspian Sea well test
James Fisher will build a digital twin of a Caspian Sea rig to support a custom air, steam and well test package under a new contract.
Markets
OPEC cuts 2026 oil demand growth forecast to 780,000 b/d, third downgrade in a row
OPEC's monthly report trimmed 2026 demand growth to 780,000 b/d for a third straight month, while lifting its 2027 forecast on economic optimism.
Power
Eni and BMW Group agree to power BMW fleets with HVO biofuel
Eni's Enilive will supply pure HVO diesel biofuel to BMW corporate fleets in Italy, Germany and Austria, citing a 79.5% cut in supply-chain CO2eq emissions.
Markets
Greenfire Resources buys Connacher Oil and Gas for $1.28bn.
The $1.277 billion cash deal gives Greenfire full ownership of Connacher's Great Divide oil sands project, next to its Hangingstone asset.
Policy
Badenoch presses Burnham to protect North Sea drilling from ICJ ruling
Conservative leader Kemi Badenoch wants assurance a court ruling on climate change will not weaken North Sea oil and gas support.
Power
SAMDUO opens direct sales of Nex E home battery in the Netherlands
SAMDUO launched Nex E6000 and Nex E6000H home batteries in the Netherlands ahead of the January 2027 end of Dutch net metering.
Midstream & LNG
Global LNG trade hit a record 56.3 Bcf/d in 2025 before Hormuz cut supply
US exports rose 26% to 15.1 Bcf/d and took a quarter of the global market, but Qatar's route through the Strait of Hormuz has been shut since February 28.
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