Energy news summaries
Essential facts and source links for recent energy stories.
-
Why a Motley Fool contributor favors EQT over LNG exporters
Matt DiLallo of The Motley Fool favors EQT over LNG exporters for its export-market and AI-power exposure. He estimates EQT's five-year deal to supply 0.5 million tons of LNG annually from 2028 should add $45 million to 2028 free cash flow, based on recent gas prices. -
Trump weighs diesel export ban as aides consider three alternatives
Trump says he is seriously considering a diesel export ban but warns it could raise gasoline prices; the White House says no decision has been made. Aides are weighing voluntary export limits, a federal diesel-tax suspension and state action. -
Trump’s diesel-export idea may briefly lower U.S. prices but risk higher global costs
President Donald Trump has floated keeping U.S. diesel at home as prices climb. AAA said it hit a record $6.53 per gallon on Sept. 22; the analysis says export curbs could briefly lower U.S. prices but risk higher global energy costs. -
Williams investor cites dividend growth and a $15.5 billion backlog
Motley Fool contributor James Halley says he is holding Williams Companies for its dividend growth and pipeline expansion prospects, not just its roughly 3% yield. As of Q2, the company had a $15.5 billion project backlog due online from 2027 to 2033. -
Brent gains 3.3% after Trump rejects Iran’s peace proposal
Brent rose 3.29% to $107.75 a barrel and US WTI gained 2.32% to $94.55 by 0540 GMT Monday, after President Donald Trump rejected Iran’s proposal to end the conflict and reopen the Strait of Hormuz. He said he expected US negotiators to hold further talks this week. -
Par Pacific plans Laramie exit after $485 million asset-sale agreement
Par Pacific plans to exit its 46% stake in Laramie Energy after Laramie agreed to sell substantially all oil and gas assets for $485 million in cash. The deal is expected to close by year-end 2026, with net proceeds to Par estimated at $146 million. -
DOE backs 21 geothermal projects with $99 million, including Utah work
The Energy Department awarded $99 million in geothermal grants across 21 projects, including Utah work. Recipients include Utah firms Zanskar Geothermal and Minerals and AlterG Resources, plus two University of Utah awards; other projects will study Utah geothermal sites. -
Permian Resources’ $751 million cash-flow record faces a gas-price test
Permian Resources generated a company-record $751 million in second-quarter free cash flow, nearly 50% above the prior quarter as oil prices rose. Negative Waha gas prices forced it to curtail about 20% of gas output, leaving the record’s repeatability uncertain. -
GM partners with Peak Energy on sodium-ion grid-storage cells
General Motors is developing sodium-ion cells with Denver startup Peak Energy for stationary energy storage. GM battery executive Kurt Kelty told CNBC the company aims to have a U.S. supply chain in two to three years, a step GM says could reduce U.S. reliance on China. -
HSBC lifts Chevron target to $250 but leaves Buy rating unchanged
HSBC raised its Chevron price target to $250 from $218 on Sept. 25, keeping its Buy rating. The bank raised its 2026–28 cash-flow forecasts and expects Chevron to lift annual buybacks to $15 billion; at about $204 a share, the target implies roughly 22% upside. -
JPMorgan wealth team flags record diesel prices as an inflation risk
JPMorgan Wealth Management’s editorial team flags record diesel costs as an inflation risk: the U.S. average hit $6.53 a gallon on Sept. 22, and diesel producer prices rose 24.1% in August, potentially adding freight costs to consumer prices later. -
Volkswagen pares Wolfsburg shifts as German EV orders reportedly outpace orders for combustion cars
Volkswagen is dropping planned extra shifts in Wolfsburg and expects annual output near 580,000 vehicles, below an earlier plan of 600,000 or more, as new orders for its electric models reportedly outnumber those for gasoline and diesel cars in Germany. -
Motley Fool estimates 225% upside for Oklo in a 14-GW scenario
Oklo could reach about $130 a share—roughly 225% above its current price—if it deploys its 14-GW pipeline, Motley Fool estimates. At 90% capacity and $0.09/kWh, that fleet could generate nearly $10 billion in annual revenue; deployment would take years. -
Florida homeowner questions FPL bill after solar app shows higher exports
A Florida homeowner questioned whether FPL applied net-metering credits after spotting an export gap: the bill listed 254 kilowatt-hours sent to the grid, versus 338.5 in Enphase data. Grid imports were nearly equal: 595 kilowatt-hours on FPL's bill and 596.6 in Enphase data. -
Oil executives warn Hormuz closure leaves fuel markets with little cushion
Chevron CEO Mike Wirth and other oil executives warn that the prolonged Strait of Hormuz closure amid the Iran war has drained fuel-market buffers. Wirth said he sees little reason for relief; U.S. diesel hit a reported record $6.52 a gallon on Sept. 22, and gasoline was $4.49. -
A proposed U.S. diesel export ban could bring brief relief but risk higher costs later
Trump is open to a proposed U.S. diesel export ban, but it has not been imposed. It might briefly lower prices in some regions; the American Fuel & Petrochemical Manufacturers (AFPM) warns it could curb refinery output and later raise diesel and gasoline prices. -
Kia Love says Florida solar deal left her bill unchanged and added $175 monthly
Florida Army veteran Kia Love says a solar system she bought in 2016 did not cut her electric bill and added a $175 monthly payment. Her loan rose from about $16,000 to more than $24,000 after two years; she says a technician later found it was improperly installed. -
TotalEnergies signs Venezuela oil MoU, with key terms still unknown
TotalEnergies signed a memorandum of understanding with Venezuela’s government on Sept. 19, potentially setting up a return after its 2021 exit. Financial and production terms remain undisclosed; a hydrocarbons ministry official said the agreement includes the Travi field. -
Goldman raises Marathon Petroleum price target to $472, above its record
Goldman Sachs raised its Marathon Petroleum price target to $472 from $376 on Sept. 21, kept its Buy rating and sees more than 17% upside from the current share price—above the refiner’s $428 record set earlier this month. MPC has gained over 143% in 2026. -
Truist lifts Targa Resources price target to $345, keeps Buy rating
Truist raised its price target on Targa Resources (NYSE: TRGP) to $345 from $312 on Sept. 21, reaffirming its Buy rating and citing the 20-year fee-based ExxonMobil agreement; the target implies more than 19% upside from then-current levels. -
Petrobras takes 90% operating stakes in eight Ivory Coast blocks
Petrobras signed production-sharing contracts on Sept. 17 for eight offshore exploration blocks in Ivory Coast, taking a 90% stake in each; state-owned Petroci holds 10%. The deal targets reserve replacement, but the blocks aren't producing and bring no immediate revenue. -
LNG Canada partners could decide on a 14-mtpa expansion as early as October
Shell and its LNG Canada partners could make a final investment decision as early as October on Phase 2, a British Columbia expansion that would add 14 million metric tons of LNG export capacity annually, taking the project’s total to 28 mtpa. It remains unapproved. -
TotalEnergies and Iraq agree to discuss energy projects as investment could reach $16 billion
TotalEnergies and Iraq agreed to discuss energy projects, Reuters reported. CEO Patrick Pouyanné said the company’s Iraqi oil-and-gas investments are valued at $12 billion and it intends to raise them to $16 billion. -
Vitesse Energy completes $26 million deal for Chevron-operated DJ Basin assets
Vitesse Energy completed a $26 million deal for non-operated oil and gas assets in Colorado’s Denver-Julesburg Basin, operated by Chevron. They are expected to produce 900 boe/day over the next year, 28% oil; Vitesse expects immediate per-share gains in earnings and cash flow. -
Vanguard’s planned Generate Upcycle deal would nearly double food-waste gas capacity
Vanguard Renewables plans to acquire Generate Upcycle’s North American operations; the companies expect to close Oct. 1, 2026. The deal would nearly double Vanguard’s food-waste-to-gas capacity and bring its network to 19 facilities in the U.S. and Canada. -
Jamie Dimon urges caution on U.S. tariffs targeting India over Russian oil
JPMorgan CEO Jamie Dimon urged Washington to think twice before using tariffs on India over Russian oil, warning they could disrupt global markets. A Sept. 18 law lets President Donald Trump impose tariffs of up to 100% on countries buying Russian oil and gas. -
Nuclear stocks’ growth case balances power demand against cost and valuation risks
After a 2026 sector pullback, The Motley Fool sees rising U.S. power demand and new reactor construction as positives, but flags reactor costs, small modular reactor development and valuations. It cites a 60% rise in U.S. demand forecast for 2025–2045. -
Reuters reports BP walked away from possible Devon Eagle Ford purchase
Reuters reported BP walked away from a possible purchase of Devon Energy’s Eagle Ford assets, citing confidential sources. TPH Research analysts said the assets could be worth about $4.5 billion. BP neither confirmed nor denied the report; its shares fell 0.4%, Devon’s 3.6%.
