Global Energy Report

Energy news for August 28, 2026

August 28, 2026 · 7 stories

7 stories from across markets and power. The day led with US rig count falls to 545, down 7% year over year.

Markets

US rig count falls to 545, down 7% year over year

Baker Hughes counted 545 active U.S. oil and gas rigs in the week to April 10, a drop of three as gas rigs fell to their lowest level since late March.

Markets

Permian production nearly quadrupled since 2015 as wells stretched longer, EIA says

EIA said Permian Basin operators are getting more oil and gas from longer horizontal wells, including a rising share of laterals over three miles.

Power

US permitting delays leave 2,600 gigawatts of power stuck in queues

More than 2,600 gigawatts of power capacity and 25 natural gas pipelines are stalled in US permitting, an INGAA-posted piece says.

Power

US uranium production triples to 2.1 million pounds in 2025

US mines produced 2.1 million pounds of U3O8 last year, the most since 2017, as nuclear plants paid 11% more for uranium than in 2024.

Policy

Sempra begins permitting for Port Arthur LNG North expansion

Sempra's Port Arthur LNG unit has begun federal permitting for a proposed North expansion in Jefferson County, Texas.

Power

British Gas offers 30 households a chance to win plug-in solar units

British Gas is giving away 30 plug-in solar units worth about £500 as they go on sale in the UK for the first time.

Markets

Tropical Storm Dolly tracks west in the Atlantic, forecast to dissipate by Aug 31

NHC put Dolly's top winds at 35 knots near 14.5N, 44.8W Friday, moving west at 21 knots and set to weaken to a remnant low by Aug 31.

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