Energy news for October 15, 2026
October 15, 2026 · 10 stories
10 stories from across markets and power. The day led with Baker Hughes, Venture Global and GE Vernova sign framework for up to 16 power islands.
Markets
Baker Hughes, Venture Global and GE Vernova sign framework for up to 16 power islands
The agreement covers turbines and controls for up to 16 power island units, with deliveries scheduled from 2028 through 2034.
Markets
Energy Substantiation lists WTIC oil token on LMAX Digital
The token, which Energy Substantiation says is backed 1:1 by physical WTI crude, is now open to institutional spot trading on LMAX Digital.
Policy
EPA proposes shifting all waived small-refinery biofuel volumes to larger refiners
The EPA wants larger refiners to absorb 100% of the 1.76 billion RINs waived for 29 small refineries, with comments due December 4, 2026.
Upstream
Southern Energy's Mississippi Cotton Valley well flows 2,300 mcf/d of gas plus condensate
A 72-hour test of the Terrible Creek 21-2 #2 well in the Williamsburg Field points to a gas condensate reservoir rather than oil.
Policy
BLM schedules Dec. 17 Utah lease sale of 43 parcels covering 74,550 acres
The Bureau of Land Management will offer 43 oil and gas parcels in Utah online on Dec. 17, 2026, with a protest period open until Nov. 16.
Markets
Baker Hughes lines up up to 16 power islands for Venture Global
A new framework agreement covers turbines and controls for up to 16 power islands, with deliveries scheduled from 2028 through 2034.
Markets
Baker Hughes signs framework for up to 16 power islands with Venture Global and GE Vernova
The Power Frame Agreement covers turbines and controls for behind-the-meter power, with deliveries scheduled from 2028 through 2034.
Power
Echelon breaks ground on Ireland's first Green Energy Park in Arklow
Echelon Data Centres has started building its DUB20 campus in Co Wicklow, the first site to meet Ireland's Green Energy Park criteria under the LEAP plan.
Power
PJM, ERCOT and SPP set peak power demand records this summer
EIA data show PJM hit 162.6 GW, ERCOT 91.1 GW and Southwest Power Pool 58.0 GW, all new highs for hourly load.
Power
ALPS names Brian Turnbow technical director for AI data centers
The Trento-based company will site AI and high-performance computing capacity where power is already available, as Italian grid requests top 100 GW.
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