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Shell Profits Nearly Double to $10.8 Billion as Refining Margins Hit Record
TotalEnergies Profit Doubles as War Boosts Refining and Trading
Equinor Doubles Estimate for Major North Sea Gas Discovery
Shell nearly doubles quarterly profit year-on-year as refining margins soar to record high
EU Rules Out New Climate Finance Pledges at COP31
EU Scrambles to Contain Energy Price Crisis Ahead of Winter
Oil Prices Fall as Vance Moves to Restart Iran Peace Talks
Trump methane policy rollback may have minimal impact on crude prices, EPA says
Peace Talks Won’t Save Oil Buyers From $100-Plus Oil
Oil Refineries Become Prime Targets as Global Fuel Shortage Worsens
How Trump’s Russian Diesel Could End Up in Cuba Instead
U.S. Natural Gas Production Hits New Records as Demand Surges
Solar Has Overtaken Nuclear in the Global Power Mix
GE Vernova Expands in High-Voltage Grid Gear With Trench Deal
India’s Record LNG Buying Meets Record-High Prices
Why the Shipping Industry Is Turning Its Attention to Nuclear Power
China Secures Massive Discount on Russian Gas as Moscow’s Leverage Weakens
UBS Sees $110 Brent by Year-End as Gulf Flows Stay Below Prewar Levels
Energy Crisis Shapes UK Budget as Chancellor Faces Pressure Over Defence Spendin
U.S. refineries have been running at very high rates in 2026
The U.S. refinery fleet has run at higher-than-normal rates this year, with refinery utilization averaging more than 95% of capacity between May and September, the highest for those months since 1998.
Hybrid sales rise while battery electric sales remain lower after tax credit expiration
In the third quarter of 2026 (3Q26), 23% of new light-duty vehicles sold in the United States were hybrid electric, battery electric, or plug-in hybrid electric vehicles, down slightly from 24% in 3Q25.
U.S. small-scale solar generation has quadrupled in the last decade
We estimate that U.S. generation from small-scale or rooftop solar photovoltaic systems (smaller than 1 megawatt of capacity) has increased from 18,812 gigawatthours (GWh) to 92,979 GWh over the last decade.
PJM, ERCOT, and SWPP all set peak load records this summer
Three regional transmission organizations (RTOs) set records for peak hourly load this past summer, according to data reported on Form EIA-930 and presented in the Hourly Electric Grid Monitor.
Monthly wind generation in ISO-NE is about 68% higher than last year
Monthly wind generation in the first nine months of 2026 was an average of 68% higher compared with the same period in 2025 in ISO New England (ISO-NE).
Mixed outlook for energy expenditures this winter
We expect energy expenditures this winter to vary because of diverging trends in energy prices among fuels and regional variation in forecast temperatures.
EIA expects a mixed picture for winter fuel costs this year
In the 2026-27 Winter Fuels Outlook, released alongside the October Short-Term Energy Outlook (STEO), the U.S.
Crude oil prices and refinery margins generally increased throughout the third quarter
Petroleum markets in the third quarter of 2026 (3Q26) were characterized by increasing prices for crude oil and petroleum products amid persistent conflict in the Middle East.
U.S. natural gas production reached a record high in July 2026
U.S. natural gas production hit an all-time high in July 2026, driven primarily by increased output in the Permian Basin, according to our latest Natural Gas Monthly.
U.S. exports of propane reached records in the first half of 2026
U.S. propane exports increased to 2 million barrels per day (b/d) in the first half of 2026, 11% more than during the same period in 2025.
U.S. electricity use for electric vehicles increasing at a slower pace in 2026
We estimate light-duty electric vehicles in the United States consumed 8% more electricity during the first six months of 2026 than in the last half of 2025 (2H25) in our Monthly Energy Review, down from the 13-24%…