Energy news for October 8, 2026
October 8, 2026 · 7 stories
7 stories from across markets and power. The day led with BLM's third-quarter lease sales bring in nearly $400 million.
Policy
BLM's third-quarter lease sales bring in nearly $400 million
Oil, gas and geothermal lease sales on federal land generated $372.1 million and $25.8 million in the third quarter of 2026.
Markets
Texas approves ninth Energy Fund loan for 450-plus MW gas plant in Reeves County
Texas approved a ninth Texas Energy Fund loan, backing more than 450 megawatts of new natural gas generation in Reeves County.
Upstream
Central Petroleum's Palm Valley 14 well flows 3.2 TJ/d, below target
PV14 flowed about 3.2 TJ/d in the Amadeus Basin, below plan and below its two prior wells, as Rig 974 moves on to drill PV15.
Power
PJM accepts first three fast-track grid interconnection projects
PJM cleared two battery storage projects and a gas plant upgrade worth more than 2,100 MW under its new fast-track interconnection process.
Markets
Markel launches property insurance line for US chemical and energy firms
Markel Insurance's new CORE line insures US chemical, oil and gas property risks up to $50 million, led by new hires Candice Walker and Michael McClain.
Power
Hanwha's data center AI system named to Fast Company's 2026 tech list
Fast Company named Hanwha's EnergyFluo AI energy system to its 2026 Next Big Things in Tech list in the Applied AI category.
Markets
Energy importers adopt clean power three times faster than exporters, DNV finds
DNV's latest Energy Transition Outlook finds oil and gas importers shifting to non-fossil energy three times faster than exporters amid Hormuz risk.
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