Global Energy Report

Energy news for August 5, 2026

August 5, 2026 · 19 stories

19 stories from across policy and markets. The day led with BLM to sell 6.5 million board feet of timber in two Idaho sales.

Policy

BLM to sell 6.5 million board feet of timber in two Idaho sales

The Bureau of Land Management will take sealed bids on two Idaho timber sales opening Aug. 10, covering nearly 600 acres of public land.

Markets

ONEOK releases annual corporate sustainability report

ONEOK posted its annual corporate sustainability report to its website on Aug. 5, covering the Tulsa-based midstream operator's pipeline network.

Markets

A $551 million accounting gain padded Amazon's best cloud quarter

1.3 of the 6.5 percentage points behind AWS's record margin came from a power-contract valuation Amazon's own guidance expects to reverse next quarter.

Markets

Maurel & Prom buys Gran Tierra's Colombia and Ecuador business for $1.33bn.

Maurel & Prom, majority owned by Indonesia's Pertamina, will pay $1.33 billion for Gran Tierra's Colombia and Ecuador oil business.

Power

Energy Transfer brings Hugh Brinson gas pipeline into service in Texas

The 442-mile Permian-to-North-Texas line is set to reach 1.5 Bcf/d by September 2026 and already earned $21 million in its first quarter.

Power

McDermott and Doosan Enerbility sign MOU on power generation

The companies will jointly evaluate gas turbine and generator projects, including power for data centers.

Policy

UK government to set baseline cyber rules for gas and electricity licensees

Ofgem will lead new baseline cyber resilience requirements for gas and electricity licensees, after a government consultation drew 49 responses.

Power

US to host IAEA launch of ATLAS maritime nuclear initiative

The Department of Energy will host the IAEA's ATLAS launch in Washington on August 26-27, 2026, covering floating nuclear plants and nuclear-powered ships.

Policy

Coastal Bend LNG starts FERC permitting for 19.2 MTPA Texas terminal

The company has asked FERC to begin pre-filing review of a four-train export terminal on the Texas Gulf Coast, with a formal application due in early 2027.

Policy

BLM seeks public feedback on 15 oil and gas parcels in New Mexico, Oklahoma

The 4,054-acre scoping period, open through Sept. 4, 2026, could feed a February 2027 lease sale across three BLM field offices.

Power

NANO Nuclear to host business update webcast on August 12

NANO Nuclear Energy will hold the webcast on August 12, 2026, at 5 p.m. ET after filing its 10-Q for the quarter ended June 30, 2026.

Markets

Murex spills oil and produced water at North Dakota disposal well

Murex Petroleum released 450 barrels of produced water and 10 gallons of crude oil at a saltwater disposal site in Burke County, North Dakota.

Upstream

Vaalco puts ETBNM-3 gas well on production offshore Gabon

Vaalco Energy brought the ETBNM-3 gas well onto production in Gabon's North Tchibala structure and moved its jackup to drill a new well at SE Etame.

Policy

DOE closes $489.4 million loan to strengthen Puerto Rico's grid

The Department of Energy's Office of Energy Dominance Financing backed a Pattern Energy subsidiary to fund grid batteries and a future gas plant on the island.

Markets

Energia Costa Azul ships first LNG cargo, triples Mexico's export capacity

Mexico's second LNG terminal shipped its first cargo on July 8, adding 0.4 Bcf/d of capacity and tripling the country's total export capacity.

Policy

DOE issues emergency order to keep Guam's power grid stable

Energy Secretary Chris Wright's order lets Guam Power Authority run specified generation units from August 6 through November 4, 2026.

Midstream & LNG

PETRONAS agrees to keep supplying LNG to Japan's Hokuriku Electric

PETRONAS LNG signed a heads of agreement to keep supplying up to 0.54 MTPA of LNG to Hokuriku Electric for ten years starting in 2028.

Upstream

VAALCO's Gabon gas well beats pre-drill estimates, cuts diesel costs

A new gas-supply well in VAALCO's offshore Gabon field beat pre-drill estimates, while a second well begins testing a nearby fault block.

Upstream

ADNOC deploys AI-enabled drilling operations center across 120-plus rig fleet

ADNOC's Real-Time Operations Center, built on SLB's DrillOps software, now spans more than 120 onshore and offshore rigs.

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

Every edition is kept. Browse the archive.

Get The Brief

Oil, gas and power, in a five-minute read every weekday. Free.

One email a weekday. Unsubscribe any time.