Global Energy Report

Energy news for July 22, 2026

July 22, 2026 · 5 stories

5 stories from across power and downstream. The day led with US crude oil stocks climb 2 million barrels for the week ended July 17.

Downstream

US crude oil stocks climb 2 million barrels for the week ended July 17

Commercial crude inventories rose to 411.7 million barrels as refiners ran at 96.1 percent capacity and jet fuel demand climbed 9% year over year.

Power

US and Saudi Arabia sign nuclear cooperation agreement

The two countries signed a 123 agreement and a safeguards deal on July 22, 2026, opening Saudi Arabia's nuclear program to US firms.

Power

China Southern Power Grid shows grid planning agent that drafts a report in 10 minutes

The utility took its electricity, carbon and computing platform to the World AI Conference in Shanghai, where its planning agent was named a Top 10 exhibit.

Power

NANO Nuclear and Fortil advance fuel handling design for the KRONOS MMR

Conceptual design work on the reactor's fuel handling and storage system is nearly done, clearing the way for preliminary design.

Markets

Kinder Morgan posts record Q2 net income, tracks ahead of 2026 budget

Kinder Morgan's board raised its dividend 2% as adjusted earnings per share climbed 32% in the second quarter of 2026.

Like the Brief? Get tomorrow's in your inbox.

Every edition is kept. Browse the archive.