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News


rigzone.com > news > nextera_energy_seals_19b_doe_loan_to_restart_iowa_nuclear_plant-10-sep-2026-184588-article

NextEra Energy Seals $1.9B DOE Loan to Restart Iowa Nuclear Plant

4+ day, 2+ hour ago   (501+ words) The Department of Energy (DOE) has finalized a loan of up to $1.9 billion for NextEra Energy Inc to revive the Duane Arnold Energy Center, Iowa's only nuclear power plant. "Duane Arnold's restart will add 615 megawatts (MW) of reliable baseload power…...


rigzone.com > news > two_historic_usa_fuel_records_fall-10-sep-2026-184587-article

Two Historic USA Fuel Records Fall

4+ day, 3+ hour ago   (1031+ words) “The milestone many hoped to avoid has arrived,” Patrick De Haan, Head of Petroleum Analysis at GasBuddy, said in the blog. “The national average price of gasoline on Labor Day set a new record for the holiday, eclipsing the previous…...


rigzone.com > news > wire > iran_usa_brace_for_long_war-10-sep-2026-184585-article

Iran, USA Brace for Long War

4+ day, 3+ hour ago   (536+ words) Iran and the US are digging in for a protracted war, with little sign of a near-term ceasefire or return to normal Middle East energy flows even if hostilities remain at a low intensity. Tehran’s leaders are resolved to keep…...


rigzone.com > news > oil_closes_at_highest_level_in_4_months-10-sep-2026-184581-article

Oil Closes at Highest Level in 4 Months

4+ day, 8+ hour ago   (656+ words) The Brent oil price closed at $101.21 per barrel on Wednesday - its highest settlement since May. Although oil closed slightly over $100 per barrel ($100.69) on July 23, the last time it closed higher than yesterday’s price was on May 22, when it settled at…...


rigzone.com > news > wire > iran_says_ready_for_escalation_after_trump_warning-10-sep-2026-184580-article

Iran Says Ready for Escalation after Trump Warning

4+ day, 9+ hour ago   (728+ words) Iran is ready for a more intense war and will escalate counterstrikes if the US continues attacking its territory and infrastructure, according to a senior official from the Islamic Republic. Tehran has no intention of backing down in the face…...


rigzone.com > news > wire > oil_surges_as_attacks_escalate-09-sep-2026-184579-article

Empowering People in Oil and Gas

4+ day, 22+ hour ago   (89+ words) Oil Surges as Attacks Escalate Rigzone Oil Surges as Attacks Escalate Brent oil topped $101 a barrel for the first time since July, as escalating attacks across the Middle East heightened concerns about further disruptions to energy flows out of the…...


rigzone.com > news > wire > mexico_slashes_pemex_aid_by_70_pct_in_budget-09-sep-2026-184578-article

Mexico Slashes Pemex Aid by 70 Pct in Budget

4+ day, 22+ hour ago   (396+ words) Mexico’s government aims to reduce financial support for state-owned oil company Petroleos Mexicanos’ debt payments to 81.1 billion pesos ($4.8 billion) in 2027, down by nearly 70% from the amount budgeted this year. The government expects the company, known as Pemex, to achieve a…...


rigzone.com > news > wire > korea_picks_22b_gas_project_as_first_in_usa_trade_deal-09-sep-2026-184577-article

Korea Picks $22B Gas Project as First in USA Trade Deal

5+ day, 3+ hour ago   (599+ words) South Korea has identified a gas-fired power project in Texas as the first US investment under a trade deal agreed last year, local media reported, a step that could help ease tensions between the two allies after months of friction…...


rigzone.com > news > one_nuclear_progressing_plans_for_1gw_louisiana_smr_project-09-sep-2026-184575-article

ONE Nuclear Progressing Plans for 1GW Louisiana SMR Project

5+ day, 3+ hour ago   (450+ words) Pre-revenue startup ONE Nuclear Energy LLC said Tuesday it has made "substantive" progress in pre-development work for a proposed advanced nuclear power plant with a capacity of one gigawatt (GW) in Louisiana. "The company has conducted initial nuclear siting and…...


rigzone.com > news > hsbc_analysts_significantly_raise_oil_price_forecasts-09-sep-2026-184572-article

HSBC Analysts Significantly Raise Oil Price Forecasts

5+ day, 6+ hour ago   (999+ words) In an oil market note sent to Rigzone by the HSBC team on Tuesday, analysts at the company, including HSBC Senior Global Oil and Gas Analyst Kim Fustier, revealed that they had raised their 2026 oil price forecast by $10 per barrel…...