Oil & Gas

Berlin – September 16, 2026 -- The Mittelplate oil platform in the UNESCO Wadden Sea World Heritage site generated just 0.2 percent of Schleswig-Holstein's state budget in 2025, according to a new analysis by German environmental group Deutsche Umwelthilfe (DUH).

Harbour Energy paid 45 million euros in extraction levies against a 21.9 billion euro state budget

British operator Harbour Energy paid 45 million euros in so-called extraction levies to the state of Schleswig-Holstein for 2025 oil production at Mittelplate. Measured against the state's total budget revenue of roughly 21.9 billion euros, that payment amounts to only about 0.2 percent, DUH said. The analysis draws on new figures Harbour Energy submitted during an ongoing court case brought by DUH against the platform's main operating plan.

Tokyo – September 16, 2026 -- Mercuria Energy Group Limited has closed a new JPY 145.3 billion three-year Samurai term loan facility, refinancing a JPY 130.9 billion facility signed in 2024 and increasing the total commitment by roughly JPY 14.4 billion.

Facility size ranks among largest Samurai loans in market

The JPY 145.3 billion facility will fund general corporate and working capital needs, extending a financing relationship Mercuria has maintained with Japanese lenders since its first Samurai loan in 2014.

Four banks arrange syndication as bookrunning mandated lead arrangers

Credit Agricole Corporate and Investment Bank, Mizuho Bank, MUFG Bank and Sumitomo Mitsui Banking Corporation structured the deal.

Los Angeles – September 16, 2026 -- Twenty-five of 38 organizations that filed Supreme Court briefs supporting ExxonMobil and Suncor in a pending climate-liability case have documented financial ties to fossil fuel defendants, the broader oil industry, or dark-money networks, according to a new investigation from Consumer Watchdog.

Consumer Watchdog Ties 66% of Amicus Filers to Fossil Fuel Funding Networks

The report, "A Field Guide to Fossil Fuel Front Groups: Coordinating a Supreme Court Campaign to Shield Big Oil," maps funding overlaps among groups backing Exxon and Suncor ahead of oral arguments set for October 5 in Suncor Energy Inc. v. Board of County Commissioners of Boulder County. The case will determine whether U.S. communities can use state law to hold fossil fuel companies liable for allegedly misleading the public on climate change and shifting climate-related costs onto taxpayers.

Denver – September 16, 2026 -- Greenland Energy Company (NASDAQ: GLND) has confirmed it holds 43,730,194 shares of common stock outstanding, with no treasury shares, as it moves forward with a potential offer for London-listed 80 Mile PLC (AIM: 80M).

Greenland Energy discloses full capital structure under UK takeover rules

The exploration-stage oil and gas company, based in Denver, issued the disclosure on September 16, 2026, one day after announcing its potential offer for 80 Mile. The filing confirms Greenland Energy's shares trade under ISIN US70580B1061, while 17,500,000 outstanding warrants, carrying a $5 strike price and expiring September 16, 2026, trade under ISIN US70580B1145.

Miami – September 15, 2026 -- Sawgrass LNG & Power has begun supplying liquefied natural gas to Walker's Cay in the northern Bahamas, replacing diesel as the fuel source for the island's power generation.

Sawgrass extends near decade-long Bahamas LNG footprint to iconic sportfishing island

The deal expands Sawgrass' presence across The Bahamas, where the company has supplied LNG to resorts, utilities and industrial customers for more than eight years. Sawgrass produces LNG at its Miami liquefaction facility and delivers it via ISO containers, a model that avoids the capital costs of fixed pipeline or terminal infrastructure. The company describes itself as the largest exporter of U.S. LNG via ISO container.

The Woodlands, Texas – September 15, 2026 -- Arena Energy, LLC was named apparent high bidder on nine Outer Continental Shelf blocks in the Gulf of America, covering more than 40,000 gross acres, following Lease Sale BBG3 held August 12, 2026, at the National WWII Museum in New Orleans.

Sale marks third of 30 mandated Gulf lease auctions under federal law

The auction, conducted by the Department of the Interior's Marine Minerals Administration, was the third of 30 Gulf of America lease sales required under the One Big Beautiful Bill Act. Sale-wide, the event generated more than $80 million in apparent high bids across 59 blocks spanning over 300,000 acres, with 16 companies submitting bids.

Houston – September 15, 2026 -- Gulf Coast Midstream Partners (GCMP) has launched a non-binding open season for firm natural gas storage and wheeling service at its Nash Storage Hub in Fort Bend County, Texas, running through October 23, 2026.

Nash Storage Hub secures permits for 57 Bcf of salt cavern capacity

The Railroad Commission of Texas has authorized GCMP to develop up to five underground salt caverns on the Nash Dome, totaling approximately 57 billion cubic feet (Bcf) of working gas storage capacity. The initial phase will consist of two salt caverns delivering 23 Bcf of combined working gas storage, 0.9 Bcf/d of injection capacity, and 1.5 Bcf/d of withdrawal capacity.

Reno, Nev. – September 14, 2026 -- The U.S. Department of Energy awarded approximately US$2.7 billion in contracts in January 2026 to expand domestic low-enriched and high-assay low-enriched uranium (HALEU) capacity, cementing the federal government's role as the sector's largest customer, lender and permitting authority in one move.

Houston – September 14, 2026 -- US oil production hit a study-period high in 2025, but reserve replacement fell below 100% for the first time since 2021, according to an annual benchmarking study released by Ernst & Young LLP (EY US).

Oil reserve additions declined 11% while production climbed to a record

The EY US Oil and Gas Reserves and Production Benchmarking Study analyzed five years of data from the 30 largest publicly traded US exploration and production companies, representing about 43% of combined US oil and gas production. Oil reserve additions from extensions and discoveries fell 11% year over year and failed to fully replace production volumes, while combined oil reserves declined by less than 1%.

Houston – September 14, 2026 -- Nauticus Robotics, Inc. (NASDAQ: KITT) has commercially released Nauticus ToolKITT, a licensed autonomy software suite that retrofits onto remotely operated vehicles (ROVs) already deployed on live subsea projects, the company confirmed during its most recent earnings call.

Software cuts pilot workload without replacing existing ROV fleets

Nauticus ToolKITT is offered with a Pilot Assist module designed to hold vehicles steady, compensate for currents, and support waypoint navigation while the pilot retains full operational supervision. The system integrates with a vehicle manufacturer's existing OEM control software rather than replacing it, allowing operators to add autonomous functions without purchasing new vehicles.