energy industry

Only 33% of utility executives call asset management advanced, IFS survey finds

IFS surveyed 850 utility executives, and nearly half say siloed operational data holds them back.

Titan Cloud says disconnected repair records obscure charger status

Titan Cloud says disconnected systems can leave CPOs unsure whether repaired chargers are back in service.

Titan Cloud argues for connecting forecourt maintenance to store profitability

Titan Cloud’s David Cornish describes how asset records, warranties and contractor performance can inform maintenance decisions across fuel and convenience sites.

Shell is the first Gulf operator cleared to self-approve offshore drone flights

Shell flew a drone-in-a-box system from its Mars floating production unit under an FAA approval no other US Gulf operator holds, JPT reports.

Petrobras Subsea Tender Draws $1.4 Billion in Bids

Petrobras' subsea riser tender drew bids worth about $1.4 billion, Upstream reported, alongside separate offshore awards and mooring-chain work in 2026.

Grid OEMs are racing to build in the U.S., but transformers still take 2–3 years

New U.S. factory expansions target transformers, breakers and HV cable, but lead times, materials and labor still shape utility schedules.

Utility-scale solar and batteries made up most new U.S. power plant builds in early 2026, and that shifts how operators should buy capacity

EIA’s January–June build list shows solar and storage dominating new projects. For big loads, the procurement question is shifting from megawatts to deliverabil

AI data center demand is forcing a rethink of every power asset on the US grid

Soaring electricity demand from AI data centers is reviving shuttered plants and spawning record-scale solar projects, but grid buildout costs keep climbing.

Most organizations are still in AI's early stages, and the gap between adoption and impact is widening

McKinsey and BloombergNEF research signals that AI transformation demands change leadership and massive infrastructure investment, not just tool deployment.

US power sector CO2 emissions jumped 4% in 2025, just as SBTi opens its net-zero standard for comment

US power sector emissions rose 4% in 2025, driven by coal and data center demand, as SBTi launches its second public consultation on a new net-zero standard.

P&G absorbs a $1 billion war-cost hit and signals a flat-to-3% EPS growth year ahead

Procter & Gamble expects a $1B cost hit from the Iran conflict, guiding fiscal 2027 adjusted EPS to flat-to-up 3%, roughly $7 at the midpoint.

Fitch downgrades utility sector outlook as $240B capex wave collides with affordability backlash

Fitch shifted its utility sector outlook to "deteriorating" in June 2026, citing affordability pressure that threatens cost recovery on a historic capital build

Clean energy deals dominate this week: hydrogen, storage, offshore wind, and a major Shell divestiture

Five significant energy transition deals closed in July 2026, spanning green hydrogen, battery storage, offshore wind, and renewable portfolio M&A.

The $67B NextEra-Dominion merger just triggered its regulatory clock, and every large power buyer should be watching

NextEra and Dominion filed merger applications this week, starting a 180-day review that could create the world's largest regulated utility serving 10M customer

EIA slashes oil price forecast 14% after U.S.-Iran deal reopens Strait of Hormuz

The EIA cut its 2026 Brent crude forecast by 14% to $82/b and its 2027 forecast by 18% to $65/b, as a June 18 U.S.-Iran MOU reopened the Strait of Hormuz.

NextEra-Dominion's $420B merger signals a new M&A cycle built on AI load growth

Power and utilities M&A hit $216B in the six months to May 2026, up 173% year-over-year, as AI data-center demand reshapes who owns generation.

Siemens Energy begins preparations to rebrand as Omterra, uniting wind and grid businesses

Siemens Energy is consolidating Siemens Gamesa and its grid division under the new Omterra brand, seeking a cleaner separation from Siemens AG.

Blackstone acquires Dresser Utility Solutions to accelerate gas and water infrastructure modernization

Blackstone Energy Transition Partners is buying Dresser Utility Solutions from First Reserve, backing the 146-year-old metering and control equipment maker's ne

Seven energy transition deals in one week signal a sharp shift in how operators should evaluate power and fuel sourcing

From fusion funding to SAF deals, a burst of energy transition activity is reshaping sourcing options for enterprise power and aviation fuel buyers.

Solar surpasses coal globally as US installations keep climbing in 2026

Solar power has crossed a milestone, outgenerating coal worldwide in H1 2026, even as US policy shifts toward fossil fuels.

Accenture confirms data breach after credential theft targets isolated network node

Accenture confirmed a localized breach on July 7 after attackers extracted corporate data from a restricted admin repository via a compromised credential node.

Duke Energy’s nearly $1 billion investment with North Carolina suppliers strengthens U.S. supply chains

Duke Energy spent nearly $1 billion with North Carolina-based suppliers in 2025, part of $17.2 billion in annual sourcing that is more than 97% U.S.-based.

GE Vernova's New Sustainability Report Highlights Progress Adding New Power to the Grid, Enabling People to Thrive, Reducing Carbon Intensity, and Advancing Breakthrough Energy Technologies

Company details efforts across its Mission: Electrify the Planet to Thrive and Decarbonize.

Utilities warm up to nuclear revival, with conditions attached

Governments, investors, and startups are converging on nuclear power as AI-driven electricity demand and clean energy targets accelerate a global sector revival

EnerSys Announces Date of Fourth Quarter and Full Year Fiscal 2026 Financial Results Release and Conference Call

EnerSys will release its fourth quarter and full year fiscal 2026 financial results on May 20, 2026, followed by a conference call on May 21, 2026. Investors can access the results and webcast through the company's investor relations website.

Applied Digital’s Executive Leadership Commitment to Safety

Top executives embed safety into daily operations through simple yet powerful rituals that reshape organizational culture

AI is at an Investment Tipping Point. These Are the Three Main Trends Shaping AI Solutions Development.

The divergence between generative AI funding and traditional solutions investment reveals where developers are actually placing their bets on future innovation

Technetics Groups’ Sealing Solutions are Propelling Company’s Expansion

A century of sealing expertise and scientific innovation positions this manufacturer as the go-to partner for complex industrial challenges worldwide