Global Energy Report

Energy news for July 15, 2026

July 15, 2026 · 9 stories

9 stories from across upstream and midstream & lng. The day led with European Commission approves Czechia's capacity mechanism.

Upstream

European Commission approves Czechia's capacity mechanism

The European Commission approved Czechia's market-wide capacity mechanism, financed by consumer charges at an estimated €3.1bn to €6.2bn.

Midstream & LNG

Chesapeake Utilities unit plans $1.2 billion Florida gas pipeline

Peninsula Pipeline's Florida Energy Pathway would run from Palm Beach to Miami-Dade County, backed by nearly 250,000 dekatherms a day in firm commitments.

Midstream & LNG

Shell takes final investment decision on Bahamas LNG terminal

Shell has taken a final investment decision on a small-scale LNG terminal in The Bahamas, taking a 40% stake in developer New Providence Gas.

Power

QTS and Lancium plan $10 billion data center campus in Hall County, Texas

QTS will design, build and operate the campus on Lancium's Clean Campus near Turkey, Texas, with up to 7,000 jobs at peak construction.

Upstream

Tetragon awards $1.45m seismic contract to DUG Technology

Tetragon Energy hired DUG Technology to reprocess seismic data over its Philippines offshore permits, a $1.45 million contract meant to attract a farm-in partner.

Upstream

DeepOcean removes 100-tonne wellhead structure from Seven Seas field

DeepOcean recovered a wellhead protection structure at Spirit Energy's Seven Seas field and disconnected subsea gear at Grove West, ahead of a rig campaign.

Markets

OPEC's Charter of Cooperation committee holds first meeting, draws 20-plus nations

OPEC's Charter of Cooperation held its first Technical Committee meeting in Baku, drawing over 20 countries to set a workplan.

Geopolitics & Supply

Brent crude swung from $72 to $118 a barrel in the second quarter, EIA says

Brent crude ranged from $72 to $118 a barrel in the second quarter as Strait of Hormuz disruptions squeezed global oil supply, the EIA said.

Policy

BLM lease sale in Montana and the Dakotas raises $130 million

The Bureau of Land Management leased 63 parcels for $130,207,102.

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