Energy, Utilities & Environment

Lagos – October 16, 2026 -- Nigerian Content in the oil and gas sector reached 56% at the end of 2023, up from less than 5% in 2010, according to the Nigerian Content Development and Monitoring Board (NCDMB).

The board also reports that implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act has created more than 50,000 direct jobs. It has also kept over $8 billion in annual oil and gas expenditure within the Nigerian economy. The 2010 Local Content Act set the framework for greater participation by Nigerian companies and professionals.

NCDMB targets 70% Nigerian Content by 2027

The NCDMB's 10-Year Strategic Roadmap sets an ambition of 70% Nigerian Content by 2027. Dorman Long Engineering is presented as an example of how indigenous engineering, fabrication and talent development can support that target.

Bogotá – October 16, 2026 -- NG Energy International Corp. expects total gross production at its Maria Conchita block in Colombia to rise to 23.0 MMcf/d from 16.0 MMcf/d after the Aruchara-6 well tested at up to 8.7 MMcf/d gross and entered production.

Aruchara-6 flows at 8.7 MMcf/d gross through the central processing facility

The well was drilled to a total depth of 9,352 feet and hit the H1 target as designed. It also passed through the H2, H3, H4, H5 and H6 zones, all of which showed gas at surface and on wireline logs. During initial flow testing through the central processing facility (CPF), Aruchara-6 produced up to 8.7 MMcf/d gross (6.96 MMcf/d net) on a 30/64 choke at an average tubing head pressure of 780 psi.

Shangrao – October 16, 2026 -- Jinko Solar Co., Ltd. ("Jiangxi Jinko"), the principal operating subsidiary of JinkoSolar Holding Co., Ltd. (NYSE: JKS), estimates a net loss attributable to shareholders of RMB2,976.33 million to RMB3,576.33 million for the nine months ended September 30, 2026.

Loss excluding extraordinary items is estimated at up to RMB4.41bn

Stripping out extraordinary gains and losses, the estimated net loss attributable to Jiangxi Jinko shareholders widens to a range of RMB3,811.12 million to RMB4,411.12 million. The gap to the headline figure is RMB834.79 million at the low end of both ranges and at the high end, indicating extraordinary items contributed net gains of that amount within the estimates.

The figures are preliminary and unaudited.

Nyköping – October 16, 2026 -- Studsvik has signed a frame agreement with Norwegian Nuclear Decommissioning (NND) running until 2055, with an estimated total value for Studsvik of SEK 3-4 billion and a contractual minimum of about SEK 875 million. The contract covers transport, treatment and interim storage of spent fuel from Norway's former research reactors at Halden and Kjeller.

Studsvik will move 16.5 tonnes of Norwegian fuel to Sweden

Norway holds about 16.5 tonnes of spent fuel from six decades of research reactor operation. Much of it cannot be stored long term or disposed of in its current form. The inventory includes metallic uranium fuel, aluminium-clad fuel and experimental fuels.

Studsvik will transport the fuel to its licensed facilities outside Nyköping, inspect it and, where required, treat it, including oxidation of metallic uranium fuel. The treated fuel will stay at Studsvik until it is returned to Norway for final disposal.

United Kingdom – October 16, 2026 -- National Grid is advancing a portfolio of transmission projects that includes a seven-year, £1 billion programme to rewire South London through deep underground tunnels, begun in Spring 2020, and several 2 GW high voltage direct current (HVDC) links between Scotland and England.

Eastern Green Links add 2 GW corridors from Scotland to England

EGL1 is a 2 GW HVDC link between the Torness area in East Lothian, Scotland, and Hawthorn Pit in County Durham. EGL2, also rated at 2 GW, will run from Peterhead in Aberdeenshire to Drax in North Yorkshire. EGL3 and EGL4 are intended to raise network capability to connect new offshore wind farms.

National Grid Electricity Transmission is also developing Sea Link, a planned high voltage undersea connection between Suffolk and Kent. Separately, a project to strengthen the Scotland-England network would connect new energy sources in the Scottish Borders.

Chongqing – October 16, 2026 -- HiTHIUM doubled its cumulative energy storage shipments from 100GWh in August 2025 to 200GWh within a year, the company said at a milestone ceremony on October 15 at its Chongqing manufacturing base.

HiTHIUM climbs from fifth to Global Top 2 in storage rankings

Shipments began at the end of 2021. The company's global ranking rose from fifth in 2023 to third in 2024, and to Global Top 2 in 2025 and the first half of 2026. HiTHIUM attributes the climb to cost leadership, service, and safety and reliability.

The company says the growth reflects strengthening capabilities in long-duration energy storage (LDES), end-to-end integration, lighthouse-factory manufacturing, and global delivery and service.

New York – October 16, 2026 -- Consolidated Edison, Inc. (NYSE: ED) declared a quarterly dividend of 88.75 cents a share on its common stock, payable October 16, 2026 to stockholders of record as of October 16, 2026.

Record date falls 27 days before the December 15 payout

Only shareholders on the company's books as of October 16, 2026 qualify for the payment. The company will pay the dividend on October 16, 2026.

Quarterly rate equals $3.55 a share if held across four quarters

The 88.75-cent declaration annualizes to $3.55 a share if the same rate is applied to each of four quarters. The company's announcement covers only the quarterly payment and gives no guidance on future dividend levels.

The declaration applies to Con Edison's common stock. Its regulated subsidiaries are Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R) and Con Edison Transmission, Inc.

Redlands – October 16, 2026 -- The San Bernardino Valley Water Conservation District (SBVWCD) has launched Field Notes, a newsletter whose first issue reports 40,291 acre-feet of groundwater recharge during the 2025–26 water year and a $5.403 million U.S. Bureau of Reclamation grant for Oak Creek recharge basins.

First issue covers federal grant, recharge volumes and a fellowship

The issue, released the first week of October, also reports a GrizzlyCorps fellowship for SBVWCD intern Maya Stokes. The Reclamation grant is earmarked for the Oak Creek recharge basins.

The newsletter draws on staff work in the Santa Ana River Wash and along Mill Creek, where the district captures, stores and monitors the valley's groundwater.

Birmingham – October 16, 2026 -- Alabama Power restored service to roughly 95% of customers affected by Hurricane Isaias within about 36 hours of starting work, completing all restoration at 8:30 p.m. on October 14 after more than 400,000 customers lost power.

Approximately 84% of the utility's service territory experienced tropical-storm-force wind gusts. The storm made landfall as a Category 2 hurricane with 105 mph sustained winds. Substantial restoration was complete for most customers by the night of Monday, October 12.

Mutual assistance crews from 28 states add more than 7,400 workers

More than 7,400 additional personnel from 28 states joined Alabama Power's Storm Team, including crews from sister companies Mississippi Power and Georgia Power. Alabama Power's Customer Operations team handled more than 4.1 million customer interactions during and after the storm.

Great Falls, Va. – October 16, 2026 -- NTPC Limited, India's largest electric utility, has signed a 25-year power purchase agreement with Virginia-based 247Solar for the company's first commercial solar thermal project, a ~1MW hybrid plant at Rajasthan's Bhadla Solar Park.

NTPC Tests Round-the-Clock Solar Thermal as Coal Alternative

India's utilities have recently built coal capacity alongside solar and wind to cover the gap left by photovoltaic panels after sunset and in bad weather. NTPC will test whether 247Solar's system can close that gap and reduce its reliance on coal. Backers expect the utility to consider wider deployment across India if the project succeeds.

247Solar founder and CEO Bruce Anderson said the technology addresses intermittent solar and wind power and avoids spending more on costly coal plants. He added that NTPC conducted several years of due diligence before moving forward.