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Energy & Environment

Gore's Generation Investment: Energy Crises Force Fossil Fuel Reckoning

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Gore's Generation Investment: Energy Crises Force Fossil Fuel Reckoning

London – September 19, 2026 -- Generation Investment Management published its 10th annual Sustainability Trends Report on Sept. 17, warning that fossil fuel dependence has become an untenable strategic liability after conflicts in the Middle East and Europe rattled global energy markets for the second time in four years.

Strait of Hormuz disruption exposed a quarter of global seaborne oil trade to risk

The report states that the Strait of Hormuz disruption bottled up roughly a quarter of global seaborne oil trade, a third of seaborne fertiliser trade, and nearly a fifth of global liquefied natural gas trade. Shortages of critical materials such as helium disrupted semiconductor production and raised costs for MRI-reliant healthcare providers, while fertiliser supply concerns threatened global food production.

Vacuum Interrupters Launches LRTS10 Battery-Powered Micro-Ohmmeter

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Vacuum Interrupters Launches LRTS10 Battery-Powered Micro-Ohmmeter

Denton, Texas – September 19, 2026 -- Vacuum Interrupters Inc. has introduced the LRTS10, the first digital micro-ohmmeter built on the Milwaukee M18 REDLITHIUM battery platform, targeting technicians who service medium-voltage switchgear, busbar joints, and cable terminations.

Battery swap replaces downtime for recharging cycles

Rather than pausing to recharge a proprietary battery, crews can swap in a fresh Milwaukee M18 pack and resume testing immediately. The LRTS10 is compatible with all M18 batteries, allowing utilities and contractors already using Milwaukee tools to power the test set with packs already stocked on service trucks.

Each unit ships with an M18 XC5.0 battery rated for over 1,100 tests

The standard package includes test leads, a cable bag, a charger, and an M18 XC5.0 battery. Vacuum Interrupters states the battery can deliver more than 1,100 tests before requiring a recharge or swap.

Con Edison to Webcast Investor Presentation on October 6

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Con Edison to Webcast Investor Presentation on October 6

New York – September 19, 2026 -- Consolidated Edison, Inc. (NYSE: ED) will webcast an investor presentation on Tuesday, October 6, 2026, from 8:30 a.m. to 10 a.m. Eastern Time.

Tim Cawley to outline grid investment strategy balancing reliability and customer costs

Con Edison's corporate leadership team, led by Tim Cawley, Chairman, President and CEO of Consolidated Edison, Inc. and Chairman and CEO of Consolidated Edison Company of New York, Inc., will detail the company's approach to delivering reliable, resilient and clean energy while managing cost impacts to customers.

Illinois American Water Buys Venice Wastewater System for $770,000

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Illinois American Water Buys Venice Wastewater System for $770,000

Belleville, Ill. – September 19, 2026 -- Illinois American Water has completed the $770,000 acquisition of the City of Venice's wastewater collection system, adding roughly 500 customers to its Metro East operations near St. Louis. The deal, approved by the Illinois Commerce Commission on June 24, 2026, shifts Venice's wastewater collection, transportation and treatment fully under the utility's control.

Illinois American Water commits $2.6 million to Venice infrastructure over five years

The company plans upgrades including rehabilitation or replacement of wastewater mains and manholes, lift station improvements, and control and security enhancements at pump and lift stations. Prior to the acquisition, Venice customers received only transportation and treatment services from Illinois American Water; the utility now manages the full collection-to-treatment pipeline.

Maryland American Water Runs Nearly 1M Annual Tests to Protect Sources

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Maryland American Water Runs Nearly 1M Annual Tests to Protect Sources

Bel Air, Md. – September 19, 2026 -- Maryland American Water conducts nearly 1 million tests and measurements annually at American Water's state-of-the-art research laboratories as part of a structured Source Water Protection Program safeguarding rivers, lakes, reservoirs and aquifers.

Utility ties testing regime to AWWA's Source Water Protection Week, September 27 to October 3

The company is highlighting its year-round monitoring and treatment operations ahead of the American Water Works Association's annual observance, themed "Protect the Source" in 2026. Maryland American Water serves approximately 32,000 people as a subsidiary of American Water (NYSE: AWK).

Gastech 2026 Generates $40 Billion in Energy Deals in Bangkok

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Gastech 2026 Generates $40 Billion in Energy Deals in Bangkok

Bangkok – September 19, 2026 -- Memoranda of understanding, supply agreements and investment commitments worth a combined estimated $40 billion USD were announced or advanced by the end of day three at Gastech 2026 in Bangkok, spanning LNG supply, power generation, upstream development, petrochemicals and shipping.

China Gas Holdings Locks 20-Year US LNG Supply from Venture Global

China Gas Holdings and Venture Global LNG signed a 20-year sales and purchase agreement for 0.5 million tonnes per annum of US LNG starting in 2030, strengthening supply security for one of the world's largest energy markets.

GE Vernova and B.Grimm Power Expand Southeast Asian Turbine Capacity

GE Vernova and B.Grimm Power signed agreements covering natural gas-turbine supply and long-term services to support new and existing power-generation capacity in Malaysia and Thailand.

CITGO Rolls Out Walmart+ Gas Savings, Club CITGO Upgrades in 16-City Tour

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CITGO Rolls Out Walmart+ Gas Savings, Club CITGO Upgrades in 16-City Tour

Houston – September 19, 2026 -- CITGO Petroleum Corporation will roll out enhanced Walmart+ Gas Savings and Club CITGO loyalty benefits across 16 cities during its Light Oils Marketer Roundtable Meetings running Sept. 17 through Oct. 29, 2026.

CITGO expands Walmart+ Gas Savings partnership to boost pump-side value

Eligible Walmart+ members enrolled in the Club CITGO Loyalty program will receive additional savings at participating CITGO locations under the newly announced partnership. The rollout accompanies broader loyalty enhancements CITGO says are designed to drive value for both consumers and its branded retail network.

Continental Resources Signs MOU with PDVSA for Venezuela's Orinoco Belt

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Continental Resources Signs MOU with PDVSA for Venezuela's Orinoco Belt

Oklahoma City – September 18, 2026 -- Continental Resources, Inc. has signed a Memorandum of Understanding with Petróleos de Venezuela, S.A. (PDVSA) to operate and develop the Ayacucho 2 Block in Venezuela's Orinoco Oil Belt, a region holding an estimated 30 billion barrels of resource in place.

Continental targets 126,000-acre block with 100% operating control

The Ayacucho 2 Block sits north of the Orinoco River in Anzoátegui state. Upon execution of a long-term Contrato de Participación Productiva (CPP) agreement, expected in the coming weeks, Continental will hold a 100% working interest and operate the block directly.

Vega Upstream JV Closes $15M Toklan Oil and Gas Acquisition

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Vega Upstream JV Closes $15M Toklan Oil and Gas Acquisition

Dallas – September 18, 2026 -- Vega Upstream JV, LLC has completed its acquisition of Toklan Oil and Gas Corporation and affiliated entities for a net purchase price of $15 million, adding 28 producing wells across roughly 7,000 net acres in the Western Anadarko basin.

Deal adds 250-well non-operated portfolio and midstream assets

Beyond the operated acreage, Toklan brings a non-operated interest portfolio spanning more than 250 wells, with combined operated and non-operated net production of approximately 500 BOE/d. The transaction also transferred West Thomas Field Services, which owns and operates the Deer Greek Gathering System and associated surface acreage, giving Vega JV midstream infrastructure alongside its upstream position.

Plains All American to Buy Silver Creek's PRB Assets for $585M

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Plains All American to Buy Silver Creek's PRB Assets for $585M

Irving, Texas – September 18, 2026 -- Silver Creek Midstream Holdings, LLC will sell its Powder River Basin crude oil midstream assets to a subsidiary of Plains All American Pipeline, L.P. and Plains GP Holdings in a deal valued at approximately $585 million in cash.

Deal structure routes through SCM PR II, LLC parent entity

The transaction will be executed through the sale of SCM PR II, LLC, the parent company of Silver Creek's Powder River Basin operations, currently owned by subsidiaries of Tailwater Capital LLC, The Energy & Minerals Group (EMG), and Silver Creek management.