Global Energy Report

Energy news for October 13, 2026

October 13, 2026 · 12 stories

12 stories from across power and upstream. The day led with DOE authorizes emergency exchange of up to 4 million barrels from Strategic Petroleum Reserve.

Policy

DOE authorizes emergency exchange of up to 4 million barrels from Strategic Petroleum Reserve

The Energy Department approved loans of up to 2 million barrels each to ExxonMobil and BP America after weather disruptions in the Gulf of America.

Markets

Seeq and Applied Computing sign deal to pair Orbital AI with plant analytics

Seeq and Applied Computing agreed a commercial partnership that links Orbital's equipment diagnosis with Seeq's analytics, starting with KBR's INSITE platform.

Power

Vattenfall signs tolling deal for 100 MW of Vopak's Dutch battery

Vattenfall will take 100 MW / 400 MWh of a 150 MW, four-hour battery that Vopak plans near Meeden in Groningen, with operations due in 2028.

Upstream

TotalEnergies awards Vallourec 16,000-ton pipe order for Absheron

Vallourec will supply more than 16,000 tons of well tubulars and about 159 km of coated line pipe for the Azerbaijani gas field in the Caspian Sea.

Markets

US rig count climbs to 603, first reading above 600 since May 2024

Baker Hughes counted 603 US rigs in its Oct. 9 report, with the Permian at 274, and both totals are the highest of 2026.

Power

Afentra partners put Impala-2 ahead of Pacassa SW sidetrack offshore Angola

The Block 3/05 joint venture will send the Borr Grid jackup to Impala-2 first, targeting first oil in January 2027 at about 4,000 bopd.

Upstream

Murphy Oil starts Lac Da Vang production in Vietnam and reports two new oil finds

Murphy Oil began producing at Lac Da Vang offshore Vietnam, found oil at Bubale West-1X and Lac Da Trang North-1X, and brought Chinook #8 online.

Power

Equinor signs five-year, 9 TWh-a-year Norwegian gas deal with Eneco

Deliveries to the Dutch grid began on 1 October 2026, and the gas carries a footprint 11.8% below the Dutch grid average.

Upstream

TGS and SLB launch 11,200 sq km Pelotas Sul Phase 2 seismic survey off Brazil

TGS, in joint venture with SLB, will shoot a second multi-client 3D survey in the southern Pelotas Basin, with acquisition due to start in October 2026.

Power

Irish wind farms set a September record, supplying 37% of electricity demand

Wind Energy Ireland says wind farms generated 1,256 GWh in September, and wholesale power was cheapest on the windiest days.

Upstream

MMA proposes 1.05 million acres for second Cook Inlet sale in March 2027

The Marine Minerals Administration's proposed notice for the BBC2 sale covers 224 blocks and carries a 12.5 percent royalty rate.

Markets

Brent slips to $106.04 as Russian diesel offer meets Gulf attack risk

Brent fell 0.57% and WTI 0.5% on Tuesday after a rise of nearly $2 the session before, as extra Russian diesel weighed against attacks near Hormuz and on Saudi Arabia.

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