Energy, Utilities & Environment

AEP Lifts Capital Plan to $100B as Q3 Operating EPS Hits $2.23

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AEP Lifts Capital Plan to $100B as Q3 Operating EPS Hits $2.23

Columbus – October 29, 2026 -- American Electric Power (Nasdaq: AEP) expanded its five-year capital plan to $100 billion through 2031 and said 2026 operating earnings will land at or above the high end of its $6.25 to $6.55 per share guidance range.

Third-quarter operating earnings rose to $1,216 million, or $2.23 per share, from $963 million, or $1.80 per share, a year earlier. GAAP earnings were $1,187 million, or $2.18 per share, against $972 million, or $1.82 per share, in the third quarter of 2025.

AEP targets 9% to 11% annual earnings growth through 2031

The utility introduced annual operating EPS growth of 9% to 11% for 2027 through 2031. It also set a greater than 10% compound annual growth rate through 2031, measured from the original 2026 guidance midpoint of $6.30 per share.

LUTIAN Commits RMB 300M to Solar R&D as LuckEner Courts Partners

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LUTIAN Commits RMB 300M to Solar R&D as LuckEner Courts Partners

Taizhou – October 29, 2026 -- LUTIAN has invested more than RMB 300 million in research and development since 2023 to carry its motor and power electronics expertise into solar and energy storage, Chairman Changguo Luo told the LUTIAN Global Energy Partner Conference 2026. The event ran October 12-14 in Taizhou and drew more than 200 domestic and international guests from over 60 countries and regions.

LuckEner pitches inverters, batteries and cloud monitoring for residential and C&I

LuckEner Product Director Wang Yang presented the portfolio for residential and commercial and industrial (C&I) applications. It covers hybrid and on-grid inverters and battery systems, built for varying energy needs and grid conditions.

The hardware is paired with LT Cloud, a platform offering real-time monitoring, remote diagnostics, intelligent control and AI-assisted energy management.

Sinopec Reports $5.7B Africa Investment Across 16 Countries

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Sinopec Reports $5.7B Africa Investment Across 16 Countries

CAIRO – October 29, 2026 -- Sinopec invested more than US$5.7 billion in 33 projects across 16 African countries between 2021 and 2025, according to its Sustainability Report in Africa (2021-2025), released in Cairo on October 25.

Total tax payments and social responsibility contributions over the period exceeded US$4 billion. Sinopec's African operations directly created 16,000 local jobs in 2025. The company also introduced WE17, its global sustainability communication brand.

BlueNord Q3 EBITDA Jumps to USD 219.6M as Tyra Output Peaks

Oslo – October 29, 2026 -- BlueNord ASA posted third-quarter 2026 EBITDA of USD 219.6 million, up from USD 146.8 million in the second quarter, as higher production and stronger commodity prices lifted revenue to USD 346 million.

Revenue rises 25% quarter on quarter on higher volumes and prices

Revenue climbed from USD 276.8 million in Q2. The company attributed the gain to higher oil and gas sales volumes and increased commodity prices, partly offset by a higher hedge effect. EBITDA grew roughly 50% over the same period.

Net operating cash flow was USD 69.7 million, or USD 212 million before working capital and tax payments. The BNOR18 bonds were listed on Oslo Stock Exchange during the quarter.

Aker Solutions Guides 2027 Revenue Down to NOK 35-40 Billion

Oslo – October 29, 2026 -- Aker Solutions guided 2027 revenue down to NOK 35-40 billion, well below its 2026 outlook of NOK 53-55 billion, and said it is cutting its cost base to match the lower activity.

Third-quarter revenue reaches NOK 13.5 billion at a 9.6 percent EBITDA margin

Revenue for the third quarter of 2026 was NOK 13.5 billion, which the company said was in line with expectations after peak activity in 2025. Underlying EBITDA was NOK 1.3 billion. The EBITDA margin was 9.6 percent, or 7.7 percent excluding net profit from SLB OneSubsea. Earnings per share were NOK 1.45.

Order intake of NOK 5.4 billion implies a 0.4x book-to-bill

Order intake of NOK 5.4 billion fell well short of quarterly revenue. Order backlog ended the quarter at NOK 69.3 billion.

Envision Targets 20% Lower Mining Energy Costs With AI Power System

Melbourne – October 29, 2026 -- Envision Energy has unveiled an AI-powered hybrid energy system for mining and smelting that targets about 20% lower overall energy costs, a renewable electricity share above 80% and supply reliability exceeding 99.95%. The company presented the system at All Energy Australia. Results depend on local resources, system configuration and production requirements.

System couples wind, solar and storage with AI dispatch for remote sites

The package combines wind, solar, battery storage, and gas turbines intended to run on green hydrogen or green ammonia. An integrated dispatch and control system ties these together. Envision aims it at remote mining sites with weak or no grid connections, where affordable and reliable green power is hardest to secure.

Ecopetrol to Report Q3 2026 Results on Nov. 10 After Market Close

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Ecopetrol to Report Q3 2026 Results on Nov. 10 After Market Close

BOGOTA – October 29, 2026 -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) will publish its third-quarter 2026 financial and operating results on Tuesday, November 10, 2026, after the market closes.

Management hosts bilingual virtual conference on November 11

Management plans to hold a virtual conference on Wednesday, November 11, 2026, with simultaneous transmission in Spanish and English. Participants can submit questions through the platform once the call begins.

The earnings release, presentation, webcast and recording of the call will be available on Ecopetrol's website. The company advises participants to check in advance that their browsers support the webcast, and to use current versions of Internet Explorer, Google Chrome or Mozilla Firefox.

Strategic Resources Sets Dec. 16 AGM as Director Michael Moore Resigns

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Strategic Resources Sets Dec. 16 AGM as Director Michael Moore Resigns

Montreal – October 29, 2026 -- Strategic Resources Inc. (TSXV: SR; FSE: UI8) has scheduled its next Annual General Meeting of Shareholders for December 16, 2026, at 9:00 am EDT in Montreal, and said board member Michael Moore has resigned.

Moore leaves the board after serving on several committees

Moore sat on a few Board committees before stepping down. The company did not give a reason for the resignation or name a successor in the announcement. CEO Sean Cleary signed the release.

Vanadium, iron and titanium developer carries two main assets

Strategic Resources describes itself as a critical mineral developer focused on vanadium, high-purity iron and titanium. Its main projects are the construction-ready BlackRock Project in Quebec and the previously operated Mustavaara Mine in Finland.

FirstEnergy Foundation Awards $125,000 to Mid-Atlantic Shelters

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FirstEnergy Foundation Awards $125,000 to Mid-Atlantic Shelters

FAIRMONT, W.Va. – October 29, 2026 -- The FirstEnergy Foundation is awarding $125,000 to seven West Virginia and Maryland organizations providing emergency shelter, housing assistance and support services, part of a housing initiative that grew from $100,000 to $500,000 in 2026 and now reaches 38 organizations across five states.

Recipients serve communities in the territories of Mon Power in West Virginia and Potomac Edison in Maryland and West Virginia, both FirstEnergy Corp. (NYSE: FE) electric companies. The Shelter, Safety and Stability initiative covers homelessness, domestic violence and related housing challenges.

Homelessness rises in both states

West Virginia counted nearly 1,925 people experiencing homelessness in January 2025, up 8.2% from the previous year. The number of homeless families with children rose 27%.

Venezuelan Crude Reaches Texas as NABEP Output Tops 223,000 boe/d

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Venezuelan Crude Reaches Texas as NABEP Output Tops 223,000 boe/d

Corpus Christi, Texas – October 29, 2026 -- Two tankers carrying 1 million barrels of Venezuelan crude produced by North American Blue Energy Partners (NABEP) have arrived in Corpus Christi, the first shipment since the company's deal with the U.S. government.

U.S. government buys 20% of NABEP output at cost under August agreement

The cargo falls under the U.S. right to purchase 20% of NABEP's production at cost, with no markup. The right is part of NABEP's August agreement with the U.S. Departments of State and War. The government also received a 35% equity stake in NABEP's parent company. According to the company, the U.S. secured both at no cost to American taxpayers.

President Donald J. Trump and Secretary of State Marco Rubio visited the Port of Corpus Christi on Tuesday to see one of the tankers.