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.
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