Global Energy Report

Energy news for July 22, 2026

July 22, 2026 · 11 stories

11 stories from across power and downstream. The day led with JERA Americas seeks Hawaii PUC approval for $2 billion Oahu gas plant.

Power

JERA Americas seeks Hawaii PUC approval for $2 billion Oahu gas plant

JERA Americas filed notice with Hawaii regulators to build a $2 billion natural gas plant and LNG terminal on Oahu, replacing aging oil-fired power.

Downstream

Steelworkers ask bp investors to press company on Whiting refinery lockout

The United Steelworkers asked bp shareholders to help end a four-month lockout at its Whiting, Indiana refinery, which supplies a quarter of Great Lakes fuel.

Power

Liberty Global's egg Power buys Pilmoor Solar Farm from PS Renewables

The 72MW Yorkshire project is egg Power's fifth UK deal, lifting its renewable portfolio to 304MW with a 20-year power offtake in place.

Policy

New UK energy secretary vows 'pragmatic' approach to North Sea

Miatta Fahnbulleh, who replaced Ed Miliband, said she will honor existing North Sea licenses but issue no new ones as unions press for talks.

Upstream

Omega Oil & Gas begins its largest Taroom Trough drilling program at Canyon-3

A Helmerich & Payne rig is heading to Omega's Canyon-3 well, the first of up to six wells testing Permian sands in Australia's Taroom Trough.

Markets

Eni's gas plant delivers first power at Kazakhstan's 247 MW hybrid project

Eni's 120 MW gas plant is the second piece of a 247 MW hybrid project it is building with KazMunayGas in Mangystau, Kazakhstan.

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.

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.

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

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.

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