Global Energy Report

Energy news for October 1, 2026

October 1, 2026 · 4 stories

4 stories from across midstream & lng and markets. The day led with SLB's OneSubsea wins subsea contract on ExxonMobil's Rovuma LNG project.

Midstream & LNG

SLB's OneSubsea wins subsea contract on ExxonMobil's Rovuma LNG project

SLB's OneSubsea will supply subsea trees, manifolds and control systems for the first phase of ExxonMobil's Rovuma LNG project in Mozambique.

Power

NANO Nuclear to buy NRC-licensed nuclear fuel assets in New Mexico for $13.5 million

NANO Nuclear agreed to pay $13.5 million in cash and stock for an NRC license and fuel-processing assets in Lea County, New Mexico.

Markets

Oil executives see WTI falling to $88 by year-end, Dallas Fed survey finds

A Dallas Fed survey of 125 oil and gas firms found executives expect WTI near $88 by December, well below spot prices near $99 during the survey period.

Midstream & LNG

Fluor-JGC venture gets notice to proceed on LNG Canada Phase 2

The joint venture will build a second LNG storage tank and two new trains, doubling Kitimat's export capacity to about 28 million tonnes a year.

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