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Energy Industry News
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LSE: GEX touched 15p, but can Hussar drilling justify Georgina Energy’s July rally?
Georgina Energy raised £1.5m as Hussar drilling nears. The test is whether GEX can turn prospective gas resources into verified flow.
August 2, 2026
Energy One (ASX: EOL) jumps 32% after rejecting Volue’s A$17 bid
Energy One rejected Volue’s A$17 bid, yet ASX trades 16% below it. August results may decide whether the board’s stance holds.
August 2, 2026
Hornsea 3 Offshore Wind Farm: UK’s 2.9GW North Sea project advances through offshore construction in 2026
The Hornsea 3 Offshore Wind Farm is a 2.9GW offshore wind project in the UK North Sea, owned 50% by Ørsted and 50% by Apollo-managed funds, with Ørsted leading construction and operations as the project targets completion around the end of 2027.
August 1, 2026
Greater PAJ Project: Angola’s $5bn cross-block offshore oil development moves into execution in 2026
The Greater PAJ Project offshore Angola has reached final investment decision, with Azule Energy and its partners advancing a five-field deepwater development that will use a new 95,000 barrels-per-day FPSO to bring first oil in the first half of 2029.
August 1, 2026
Fusion just pulled in another $1bn, and Commonwealth Fusion Systems is the market test
Commonwealth Fusion Systems’ latest $1 billion equity raise brings its total capital to $4 billion, but the real test is whether SPARC can unlock a financeable path to the ARC fusion power plant in Virginia.
August 1, 2026
Northern Lights CCS Project: Norway’s CO₂ storage network expands toward 5Mtpa capacity in 2026
The Northern Lights CCS Project in Norway has moved from demonstration to operation, with Phase 1 storing its first CO₂ in 2025 and Phase 2 expanding the open-access carbon transport and storage network to more than 5 million tonnes per year by 2028.
August 1, 2026
Fortis gains C$2.2bn Tilbury LNG growth option beyond capital plan
Fortis earnings rose as regulated investment expanded, while Tilbury LNG approval and Arizona battery storage added new growth opportunities
July 31, 2026
Brookfield Renewable FFO rises 13% as Aypa storage deal accelerates power expansion
Brookfield Renewable posted record FFO and expanded battery storage through Aypa as rising power demand accelerates its growth strategy.
July 31, 2026
TransAlta adds US$1bn Colorado peakers as Alberta power margins tighten
TransAlta’s Q2 cash flow fell, but a US$1 billion Colorado acquisition and data-centre plans could reshape its contracted growth.
July 31, 2026
Cameco and Brookfield test Westinghouse valuation with confidential SEC filing
Cameco and Brookfield filed confidentially to list Westinghouse, testing whether nuclear's AI narrative can justify a valuation above the $7.9B 2023 buyout.
July 31, 2026