Energy news for August 13, 2026
August 13, 2026 · 15 stories
15 stories from across markets and power. The day led with BP awards Emerson automation contract for $2.9bn Shah Deniz project.
Upstream
BP awards Emerson automation contract for $2.9bn Shah Deniz project
Emerson will supply integrated control and safety systems for BP's new offshore compression platform in the Caspian Sea.
Markets
US crude stocks surge 17.4 million barrels as OPEC, IEA cut demand outlook
Commercial inventories rose far more than forecast, and Brent slipped below $89 as OPEC and the IEA both trimmed 2026 oil demand growth estimates.
Power
Nuclea Energy acquires Moltex's advanced nuclear technology portfolio
Moltex Energy's nuclear fuel-recycling and reactor technology portfolio is moving to Nuclea Energy after a competitive bidding process.
Policy
DOE overhauls National Laboratory operating rules, citing 'Gold Standard Science'
The Energy Department revised operating rules for its national laboratories on August 13, aiming to cut duplication and free up time for core science work.
Midstream & LNG
Golar LNG orders fourth FLNG unit from CIMC Raffles for $2.45 billion
The $2.45 billion vessel, Golar's second MKII-design FLNG, is due from the shipyard by year-end 2029 and will lift its controlled capacity above 12 MTPA.
Markets
ConocoPhillips names Andy O'Brien president and CEO, succeeding Ryan Lance
ConocoPhillips will hand the CEO role to finance chief Andy O'Brien on September 1, as Ryan Lance moves to executive chair and Konnie Haynes-Welsh becomes CFO.
Power
NextEra secures funding for up to 10 gigawatts of gas power in Texas, Pennsylvania
NextEra Energy signed agreements with Commerce and Japan to fund up to 10 gigawatts of new gas generation in Texas and Pennsylvania.
Power
PJM proposes framework to keep data centers from straining the grid
PJM filed a framework with federal regulators that would cut power to new data centers before residential customers during grid emergencies.
Policy
DOE to give X-energy up to $1 billion more for Dow nuclear project in Texas
The extra funding brings total DOE backing for the Xe-100 reactor project at Dow's Seadrift, Texas plant to up to $2.15 billion since 2021.
Upstream
Petrobras' Tupi field hits 4 billion barrels of oil equivalent
In production since 2010, Tupi is central to Petrobras' plan to source up to 82% of output from pre-salt by 2030.
Markets
NMFS authorizes WesternGeco geophysical survey in Gulf of America
NMFS issued WesternGeco a one-year authorization to take marine mammals incidentally during a 1,023-block seismic survey in the Gulf of America.
Markets
DNO sets NOK 0.375 dividend, payable 1 September
DNO's board approved a dividend of NOK 0.375 per share, with shares going ex-dividend on 21 August and payment due on or about 1 September.
Upstream
DNO's Q2 revenue rises 21% as North Sea output offsets Kurdistan halt
DNO reported record second-quarter revenue of USD 761 million and raised North Sea guidance, and separately disclosed a possible takeover offer for Genel Energy.
Power
Chint to showcase AI-ready grid technology at CIGRE 2026
Chint will present transmission, storage and data-center power equipment in Paris as Europe faces up to €900 billion in grid investment through 2035.
Markets
Tropical Storm Cristobal weakens, forecast to dissipate within a day
The storm, centered in the open Atlantic with 35-knot winds, is forecast to weaken into a remnant low by Thursday and dissipate by Friday, per NHC.
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