Global Energy Report

Energy news for August 10, 2026

August 10, 2026 · 18 stories

18 stories from across markets and upstream. The day led with PJM promotes Lisa Drauschak to executive vice president, CFO and risk management.

Markets

PJM promotes Lisa Drauschak to executive vice president, CFO and risk management

PJM's CFO since 2020 will also oversee the chief risk officer and Risk Management Division starting Sept. 2, after serving as interim risk chief since March.

Markets

MPLX prices $2.25 billion senior notes offering

MPLX LP priced $2.25 billion in senior notes to refinance $1.25 billion of debt due 2027 and fund general partnership needs.

Upstream

MCF Energy reaches total depth at Kinsau-1A well in Bavaria

MCF Energy's Genexco subsidiary reached 10,860 feet at Kinsau-1A in Lech, Bavaria, landing within 213 feet of a 1983 Mobil gas discovery.

Upstream

Snowfox Discovery secures over 10,000 acres for hydrogen exploration in Iowa

The natural hydrogen explorer's first major U.S. land position covers Audubon County, with a drilling campaign expected in late 2027 or 2028.

Markets

Puerto Rico power outages rose 19% in 2025, EIA says

Puerto Rican customers lost an average 36 hours to non-major-event power outages in 2025, far more than mainland US customers, EIA data show.

Markets

SoCalGas updates employee uniforms for safety and identification

Southern California Gas Company is rolling out new gray uniforms with embroidered names and flame-resistant fabric to help customers identify field employees.

Upstream

Katambi-2 well tests 41 million cubic feet of gas a day offshore Angola

Sonangol and Angola's oil regulator completed testing on the Katambi-2 appraisal well in Block 24, about 1.3 km from the well BP drilled in 2014.

Power

Talen venture seeks 23 buildings for Pennsylvania data center campus

Slate Belt Holdings, a Talen Energy and River Pointe Logistics venture, has filed plans for a 754-acre site in Northampton County.

Markets

Natural Gas Services Group revenue jumps 24% on Flatrock deal, raises guidance

NGS posted $51.4 million in second-quarter revenue and raised 2026 Adjusted EBITDA guidance after closing its Flatrock Compression acquisition.

Policy

DOE renews Puerto Rico grid emergency orders through November

The renewed Section 202(c) orders keep PREPA's emergency generation and vegetation management authority in place through November 7, 2026.

Markets

Baker Hughes to supply 17 subsea trees for Indonesia's Kutei Northern Hub

The award covers deepwater subsea production systems for two gas fields off Indonesia, building on a 2025 compressor order for the project's FPSO.

Power

Landis+Gyr adds Future Grid and OTS to its Edge App Ecosystem

Landis+Gyr expanded its Edge App Ecosystem in Australia, adding software partners Future Grid and OTS for real-time distribution grid analytics.

Upstream

Chamber urges UK to approve Jackdaw gas field as consultation closes

Aberdeen & Grampian Chamber of Commerce says the case for the North Sea gas field is overwhelming as the public consultation on Jackdaw closes today.

Upstream

Minesto's Dragon 4 tidal plant sets electricity record in Faroe Islands

An upgraded power-take-off system helped Minesto's Dragon 4 tidal kite plant hit record electricity output this summer in the Faroe Islands.

Upstream

Shearwater wins two offshore seismic survey awards from ONGC in India

Shearwater Geoservices received two letters of award from India's ONGC for offshore 3D seismic surveys, adding about 15 vessel months to its backlog.

Power

HD Hyundai wins $673.8 million order to supply 1,000 MW to US data centers

HD Hyundai Heavy Industries will supply 9.6-MW HiMSEN engines to Corban Energy Group for 1,000 MW of US data center power, its largest engine order yet.

Midstream & LNG

ADNOC Gas Q2 net income beats guidance

ADNOC Gas posted $665 million in second-quarter net income, above its own guidance range, and sanctioned $8.2 billion in new gas-processing contracts.

Markets

El Paso Natural Gas seeks FERC approval for $20.3 million Texas gas lateral

The company wants a 5.8-mile pipeline lateral in El Paso County to carry up to 167,000 dekatherms a day of gas to a planned power plant.

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.