--- title: "Dow Jones Top Energy Headlines at 4 AM ET: BP, XRG Partner on Venezuela Offshore Gas Development | Rick ..." type: "News" locale: "en" url: "https://longbridge.com/en/news/295904115.md" description: "BP and XRG partnered on Venezuela's Loran gas field. Fermi Energy secured a customer for its Texas AI power project. Musk's SpaceX plans a Texas natural gas plant. OPEC cut oil demand forecasts due to geopolitical risks. U.S. natural gas futures fell as inventories rose, while crude stocks saw an unexpected build. Form Energy raised $750M for long-duration batteries. Vestas shares jumped on earnings growth. ADNOC Gas announced an $8B expansion." datetime: "2026-08-14T08:30:44.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295904115.md) - [en](https://longbridge.com/en/news/295904115.md) - [zh-HK](https://longbridge.com/zh-HK/news/295904115.md) --- # Dow Jones Top Energy Headlines at 4 AM ET: BP, XRG Partner on Venezuela Offshore Gas Development | Rick ... BP, XRG Partner on Venezuela Offshore Gas Development The Loran field in the Plataforma Deltana area holds an estimated 4 trillion cubic feet of recoverable gas, the companies said late Thursday. \---- Rick Perry's Fermi Finally Finds a Customer for Its Giant Texas AI Power Bet The startup, which went public in a splashy IPO last year, also named a new CEO following months of legal and C-suite turmoil. \---- Elon Musk, the World's Most Famous EV Pioneer, Leans Into Fossil Fuels SpaceX is planning a Texas natural gas plant to power a new chip facility, while gas turbines are already being used for campuses in Tennessee and Mississippi. \---- AI's Biggest Energy Impact Might Be in the Oil Patch, Not the Data Center Plus: China's surging clean-tech exports, lithium-free batteries, Strategic Petroleum Reserve shrinks below 300 million barrels. \---- Orsted Says All Projects on Schedule After Impairments Hit Profit Higher taxes and increases in long-dated U.S. interest rates-as well as last year's gains on asset sales-hurt profit. \---- Energy & Utilities Roundup: Market Talk Find insight on crude futures, Orsted, RWE and more in the latest Market Talks covering energy and utilities. \---- U.S. Natural Gas Futures Fall As Inventories Rise U.S. natural gas futures retreated after the EIA reported an above-estimate 36 Bcf weekly inventory build, extending the storage surplus to 198 Bcf from 195 Bcf, despite hot weather spurring high electricity demand. \---- U.S. Crude Oil Stockpiles Post Unexpected Build Commercial crude oil stocks excluding the Strategic Petroleum Reserve rose by 17.4 million barrels to 424.4 million barrels in the week ended Aug. 7 and were about 2% below the five-year average for the time of year, the EIA said \---- OPEC Cuts Oil-Demand Forecast Again as Hormuz Talks Stall The Organization of the Petroleum Exporting Countries again cut its forecast for global oil-demand growth for this year, as stalled talks to reopen the critical Strait of Hormuz waterway and risks in the Red Sea prolong disruptions to global supplies. \---- Energy Startup Raises $750 Million for Rust-Powered Batteries Form Energy's fundraising has surpassed $2 billion for batteries that can continuously run for 100 hours. \---- Vestas Wind Systems Shares Jump on Earnings Growth, Margin Upgrade The wind-turbine maker posted higher second-quarter earnings and improving profitability, enabling the company to increase its full-year margin guidance. \---- An Oil Refiner That Fled California Is Back-With a Giant Pipeline From Texas Phillips 66's 900-mile pipeline will carry gasoline, diesel and jet fuel from the Texas Panhandle to Phoenix and Los Angeles. \---- Why the Real Oil Squeeze Is Happening in Refineries The Iran war, Ukrainian attacks on Russia and China's fuel export restrictions have taken millions of barrels of refined products off global markets and left customers scrambling to locate alternative supplies. \---- U.A.E.'s Adnoc Gas to Invest More Than $8 Billion in Expansion Push An exit from OPEC earlier this year freed state-owned Adnoc of the cartel's restrictions. (END) Dow Jones Newswires August 14, 2026 04:15 ET (08:15 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. ### Related Stocks - [FRMI.US](https://longbridge.com/en/quote/FRMI.US.md) - [FCG.US](https://longbridge.com/en/quote/FCG.US.md) - [LNGZ.US](https://longbridge.com/en/quote/LNGZ.US.md) - [KOLD.US](https://longbridge.com/en/quote/KOLD.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [UNL.US](https://longbridge.com/en/quote/UNL.US.md) - [BOIL.US](https://longbridge.com/en/quote/BOIL.US.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [UNG.US](https://longbridge.com/en/quote/UNG.US.md) - [SCO.US](https://longbridge.com/en/quote/SCO.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [BP.US](https://longbridge.com/en/quote/BP.US.md) - [BPH.US](https://longbridge.com/en/quote/BPH.US.md) - [GUSH.US](https://longbridge.com/en/quote/GUSH.US.md) - [DRIP.US](https://longbridge.com/en/quote/DRIP.US.md) - [RWE.DE](https://longbridge.com/en/quote/RWE.DE.md) - [RWEOY.US](https://longbridge.com/en/quote/RWEOY.US.md) - [VWDRY.US](https://longbridge.com/en/quote/VWDRY.US.md) - [PSX.US](https://longbridge.com/en/quote/PSX.US.md) - [BP.UK](https://longbridge.com/en/quote/BP.UK.md) ## Related News & Research - [Venezuela signs pact for offshore gas field with BP, XRG and UCC, oil minister says](https://longbridge.com/en/news/295832014.md) - [4-Oil set for weekly gains after US threatens indefinite blockade of Iran](https://longbridge.com/en/news/295923118.md) - [EXCLUSIVE-BP to sell 20% stake in Venezuela's Cocuina gas field to Trinidad's NGC, sources say](https://longbridge.com/en/news/295432251.md) - [Fermi and Hillcore Energy Capital Announce 2.6 Gigawatt Power Strategic Alliance for Project Matador | FRMI Stock News](https://longbridge.com/en/news/295582179.md) - [EUROPE GAS-Prices rise amid Iran blockade threat and lower French nuclear output](https://longbridge.com/en/news/295901984.md)