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The Los Angeles City Council voted to allow the Department of Water and Power to proceed with a billion-dollar retrofit of the Scattergood gas plant to burn hydrogen and natural gas, rejecting environmental appeals.
Norway’s Equinor nearly doubled profits to $11.5bn in the second quarter, benefiting from elevated oil and gas prices driven by regional geopolitical tensions and supply disruptions.
A federal appeals court upheld FERC Order 2023, which requires grid operators to reduce delays in renewable energy interconnection queues and accelerate clean energy project deployment.
China’s crude oil imports fell 32% in the second quarter of 2026 to 8.1 million barrels per day, driven by elevated prices from Strait of Hormuz disruptions and reduced refinery processing.
BP is divesting its US biogas business and confirming its exit from the North Sea as part of a strategic shift back toward core oil and gas operations under new leadership.
PJM grid operator has narrowed 811 power project applications to 715 finalists, with energy storage leading in project count while natural gas dominates in capacity.
