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Trump Refunds to Cancel Offshore Wind Projects Total $4 Billion

By Mark Chediak and Ari Natter The Trump administration has agreed to roughly $4 billion in settlements this year to cancel planned offshore wind projects, including a $1.22 billion deal with German utility RWE AG announced Thursday, with billions more in projects still at risk. In addition to RWE, the Trump administration has reached agreements …

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SpaceX to Build Natural Gas Power Plants for Texas Chip Factory

By Dana Hull SpaceX plans to build its own power plants to support the massive semiconductor manufacturing facility it’s developing in Texas with Tesla Inc. “We’re bringing our own power,” Riley Trettel, who oversees energy and data center development for SpaceX, said Wednesday during a public meeting in Grimes County, Texas. “We’re going to be …

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Occidental Announces Second Quarter 2026 Results

HOUSTON, Aug. 05, 2026 (GLOBE NEWSWIRE) — Occidental (NYSE: OXY) today announced its second quarter 2026 financial results. The earnings release and accompanying financial schedules can be accessed via the Investor Relations section of the company’s website at oxy.com. The earnings release is also available on the U.S. Securities and Exchange Commission’s website at sec.gov. The company will hold a …

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Diversified Energy Reports Second Quarter 2026 Results

BIRMINGHAM, Ala., Aug. 05, 2026 (GLOBE NEWSWIRE) — Diversified Energy Company (“Diversified”, “DEC”, or the “Company”) (NYSE: DEC, LSE: DEC) is pleased to announce its financial and operational results for the three and six months ended June 30, 2026. Recent Highlights Closing of Camino Acquisition: Expansion in Oklahoma through the Camino acquisition, a bolt-on to our …

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APA Corporation Announces Second-Quarter 2026 Financial and Operational Results

HOUSTON, Aug. 05, 2026 (GLOBE NEWSWIRE) — APA Corporation (Nasdaq: APA) today announced second-quarter 2026 results. Results can be found on the company’s website by visiting www.apacorp.com or investor.apacorp.com. APA will host a conference call on Thursday, Aug. 6, at 10 a.m. Central time via the webcast link available on the company website to discuss the results. Following …

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Ring Energy Releases Second Quarter 2026 Results, Advances Development Program and Provides Initial 2027 Outlook

Strengthened Balance Sheet, Operational Progress and Encouraging Well Results Support Ring’s Transition to Its Next Phase of Value Creation THE WOODLANDS, Texas, Aug. 05, 2026 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today reported operational and financial results for the second quarter of 2026, announced an expanded development program …

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South Bow Reports Second-quarter 2026 Results and Declares Dividend

CALGARY, Alberta, Aug. 05, 2026 (GLOBE NEWSWIRE) — South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) reports its second-quarter 2026 financial and operational results. Unless otherwise noted, all financial figures in this news release are presented in U.S. dollars. Highlights Safety and operational performance Recorded second-quarter 2026 average throughput of approximately …

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Enerflex Ltd. Announces Second Quarter 2026 Financial and Operational Results

ADJUSTED EBITDA OF $128 MILLION, FREE CASH FLOW OF $32 MILLION AND RETURN ON CAPITAL EMPLOYED OF 15.4% STRONG OPERATIONAL VISIBILITY WITH ES BACKLOG INCREASING TO $1.5 BILLION AT THE END OF Q2/26 ORGANIC GROWTH CAPEX FORECASTED AT TOP END OF GUIDANCE RANGE FOR 2026; ON TRACK TO EXPAND U.S. CONTRACT COMPRESSION FLEET BY 10-15% …

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Sunrun Reports Second Quarter 2026 Financial Results

Aggregate Subscriber Value of approximately $1.2 billion in Q2 Storage Attachment Rate reached record 74% in Q2 and Networked Storage Capacity reaches 4.6 Gigawatt-hours as of June 30, 2026 Net cash used in operating activities was -$186 million in Q2 and Cash Generation was $23 million, or $45 million if excluding $22 million of net …

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Mexico Bans Oil and Gas Fracking in Key Basin, Sheinbaum Says

By Scott Squires Mexico’s government will not allow unconventional drilling in a key shale basin, as officials cautiously explore the politically sensitive practice as a way to reduce dependence on US natural gas. The ban on hydraulic fracturing — a form of unconventional drilling better known as fracking — applies to the Tampico-Misantla basin, a …

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