Energy news for August 24, 2026
August 24, 2026 · 20 stories
20 stories from across markets and upstream. The day led with NANO Nuclear and Tillman target 2 GW of nuclear power for AI data centers by mid-2030s.
Power
NANO Nuclear and Tillman target 2 GW of nuclear power for AI data centers by mid-2030s
NANO Nuclear becomes Tillman's preferred nuclear supplier for AI data centers under a non-binding framework tied to up to $100 million in milestone warrants.
Upstream
Norway's regulator flags unclaimed Linerle field for enhanced oil recovery
Norway's offshore regulator says Linerle, an unclaimed Norwegian Sea oil discovery, could recover far more using chemical enhanced recovery methods.
Markets
Industrial Safety Training Council and GTBR hold 2026 Contractor Safety Awards
The Industrial Safety Training Council and GTBR held the 2026 Contractor Safety Awards, drawing attendees from about a dozen energy and industrial companies.
Markets
Shell draws bidders for US chemical assets that could fetch $8 billion
ExxonMobil, LyondellBasell, Apollo and Kuwait Petroleum Corporation are among bidders for Shell's US chemical plants, the Financial Times reported.
Power
NANO Nuclear, Tillman sign framework for nuclear-powered AI data centers
NANO Nuclear and Tillman Global Holdings are targeting 2 gigawatts of nuclear capacity for AI data centers by the mid-2030s, 6 gigawatts by 2040.
Policy
EPA plan to extend biofuel deadline sends RIN prices to four-month low
The EPA's proposal to push back a September 1 compliance deadline and rule on refinery exemptions drove ethanol credit prices to a four-month low.
Policy
SBA and DOE launch small business energy investment initiative
A new agreement directs capital from the SBA's $58 billion investment program into energy production, nuclear power and grid technology.
Power
nVent Electric buys Maverick Power for $1.75 billion
nVent Electric agreed to buy Maverick Power for $1.75 billion, with up to $550 million more possible based on 2027 and 2028 performance.
Power
MODEC's FPSO Errea Wittu arrives in Guyana for ExxonMobil's Stabroek block
The floating vessel will handle oil from ExxonMobil's Snoek, Mako and Uaru fields and can hold about 2 million barrels before first oil begins.
Upstream
Equinor and Aker BP find gas and condensate in North Sea's Linga prospect
Equinor and Aker BP found gas and condensate at the Linga prospect near Norway's Balder field, with volumes estimated up to 2.1 million cubic meters.
Markets
SLB launches ExaCT electrical coiled tubing control system
SLB's new ExaCT system swaps hydraulic actuation for electrical control, cutting one six-lateral well intervention by about 175 hours.
Markets
Comet Ridge buys out Santos' Mahalo stake for $24.42m cash and shares
Comet Ridge now owns and operates the entire Mahalo Gas Hub in Queensland after completing its buyout of Santos' 42.86% stake.
Markets
Equinor to supply Uniper with gas under 15-year deal to 2041
Equinor will deliver more than 30 TWh of gas a year to Germany's Uniper from 2027, extending a supply relationship that dates to 1977.
Upstream
Emerson to supply measurement technology to Equinor under 13-year deal
Emerson will provide measurement instrumentation and lifecycle services across Equinor's onshore and offshore assets under a new 13-year frame agreement.
Power
MODEC's FPSO Errea Wittu arrives in Guyana for ExxonMobil project
The floating production vessel will develop ExxonMobil Guyana's Snoek, Mako and Uaru fields in the Stabroek block ahead of first oil.
Upstream
Saipem brings autonomous underwater drones to ONS 2026
Saipem is exhibiting its Flatfish and Hydrone-R underwater robots, plus a scale model of the drilling rig Scarabeo 8, at Offshore Northern Seas 2026 in Norway.
Upstream
Equinor and Aker BP report gas and condensate find near Norway's Balder field
Well 25/7-13 struck gas and condensate near Balder field, with recoverable resources put at up to 2.1 million cubic meters of oil equivalent.
Upstream
Questerre wins Nova Scotia's first oil and gas exploration bid round
Questerre Energy is negotiating exclusive rights to explore the onshore Cumberland Basin, extending its Quebec Utica strategy into a new frontier basin.
Markets
Santos buys 30% stake in Meridian gas project for $85mn-$90mn
Santos will pay $85mn-$90mn for a 30% stake in Queensland's Meridian gas project, taking over as operator as GLNG buys the asset from Westside and Mitsui.
Midstream & LNG
Natural, Horizon file $438 million pipeline expansion with FERC
Natural and Horizon asked FERC to approve a $438 million pipeline project delivering gas to Wisconsin Electric Power Company.
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