Global Energy Report

Energy news for August 21, 2026

August 21, 2026 · 10 stories

10 stories from across power and markets. The day led with Corpus Christi port to study floating nuclear power plants.

Power

Corpus Christi port to study floating nuclear power plants

The Port of Corpus Christi will study floating nuclear power plants and nuclear-powered vessels with U.S. DOT and Core Power Inc.

Markets

Iraq targets 8 million to 10 million barrels a day within six years

Prime Minister Ali al-Zaidi said Iraq wants to more than double its pre-conflict output, and Baghdad is pressing OPEC for a bigger quota.

Markets

Marine Petroleum Trust cuts quarterly distribution to $0.095378 a unit

The trust will pay $0.095378 per unit on September 28, below last quarter's payout but well above the $0.068097 it paid a year earlier.

Power

NVIDIA takes minority stake in data center developer Cloverleaf

NVIDIA invested in Cloverleaf Infrastructure and will apply its DSX platform to speed site, power and cooling decisions for AI data centers.

Power

NVIDIA takes minority stake in Cloverleaf Infrastructure to build AI data center sites

NVIDIA has taken a minority stake in Cloverleaf Infrastructure, a site developer founded in 2024, to speed delivery of AI data center sites across the US.

Upstream

Alaska approves three new wells for Hilcorp's Beluga River pad

Alaska's Division of Oil and Gas cleared Hilcorp Alaska to drill three new wells on K Pad in the Beluga River unit.

Power

Azio names Atlas One, its South Texas AI power campus

Azio AI Holdings named Atlas One, tying land, power, fiber and compute at its 548-acre South Texas site to one project with up to 500 MW planned.

Policy

BLM opens comment period on December 2026 Utah oil and gas lease sale

The agency is taking public input through September 21, 2026, on 43 parcels covering 74,550 acres proposed for a December 2026 sale.

Policy

Energy Department orders PJM to keep two Pennsylvania power units online

An emergency order keeps two units at the Eddystone plant in Pennsylvania online through November 20, Energy Secretary Chris Wright said.

Markets

Sintana Energy buys 44% of Maravilla for $6.5mn.

The deal gives Sintana an indirect 35% interest in PEL 37, a 17,295 km² block in Namibia's Walvis Basin, next to Chevron-operated acreage.

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.