Energy, Utilities & Environment

Delray Beach – November 04, 2026 -- The AI in energy market is forecast to grow from USD 17.62 billion in 2026 to USD 96.99 billion by 2032, a compound annual growth rate of 32.9%, according to MarketsandMarkets. The market stood at USD 12.91 billion in 2025.

Services segment grows fastest at 37.3% CAGR as generation holds 33.8% share

Services is expected to post the highest CAGR among segments, at 37.3%. Generation accounted for a 33.8% share in 2026. Asia Pacific is projected to be the fastest-growing region from 2026 to 2032, while North America is expected to lead the market over the forecast period.

Service revenue is expanding through AI consulting, implementation, system integration, model development and ongoing technical support, as energy companies modernize existing infrastructure.

Calgary – November 04, 2026 -- Enbridge Inc. (TSX: ENB, NYSE: ENB) has declared a quarterly common share dividend of C$0.9700, matching the amount paid on September 1, 2026.

Enbridge sets December 1 payment date for common shareholders

The dividend is payable on December 1, 2026 to shareholders of record on November 13, 2026. The Board of Directors approved the declaration. The company's common shares trade under the symbol ENB on both the Toronto and New York stock exchanges.

Preferred share dividends carry the same record and payment dates

The Board also declared quarterly dividends on Enbridge Preferred Shares. They are payable on December 1, 2026 to shareholders of record on November 13, 2026. All amounts are in Canadian dollars unless otherwise specified.

Calgary – November 04, 2026 -- Vermilion Energy Inc. (TSX: VET, NYSE: VET) set a 2027 exploration and development (E&D) budget of $675 million to $725 million and targets a 4% quarterly dividend increase to $0.14 per share, after generating $237 million of fund flows from operations (FFO) in the third quarter of 2026.

Q3 free cash flow tops $90 million and net debt falls to $1.17 billion

FFO of $1.55 per basic share fully funded $146 million of E&D capital spending and left more than $90 million of free cash flow. Net debt dropped by roughly $60 million to $1.17 billion at September 30. That brings the reduction to about $900 million over the past 18 months, following the largest cash acquisition in the company's history. Production per share has grown about 50% over the same period.

NEW YORK – November 04, 2026 -- Global Energy Alliance for People and Planet has appointed Agnes Dasewicz as Chief Executive Officer, effective January 1, 2027, making her the first leader promoted from within the organization. Dasewicz, currently Chief Program and Investment Officer, succeeds Woochong Um after a succession process the board began earlier this year.

Alliance targets 90 million people and 3 million jobs five years after COP26 launch

The handover comes five years after the Alliance was founded at COP26 in Glasgow. The organization says it is on track to bring new or improved clean energy access to more than 90 million people, create or improve more than 3 million jobs and prevent nearly 300 million tons of carbon emissions.

Casper – November 04, 2026 -- DISA Uranium Corporation has started its first abandoned uranium mine (AUM) cleanup under its U.S. Nuclear Regulatory Commission (NRC) license at the Mary Ann site in Montrose County, Colorado, while holding agreements that cover more than 375 legacy AUM sites, primarily in Colorado and Utah.

Mary Ann is the first project under a license issued in September 2025

The NRC Service Provider License authorizes DISA Uranium to deploy its mobile, patented HPSA technology directly at AUM sites. The company describes it as the first and only license of its kind.

Mary Ann sits on Bureau of Land Management (BLM) land outside Nucla. DISA Uranium says the project establishes a regulatory pathway for recovering uranium from legacy mine waste on federal land, developed with the NRC, the BLM and the State of Colorado.

Incline Village – November 04, 2026 -- Panamint Capital LLC has reached financial close on the first phase of a $1.8 billion Green Loan to build Big Rooter Power, a 1.2 GWdc solar PV project that the company describes as the largest brownfield renewable energy project in North America. The $769 million first phase funds construction of the 491 MWdc Big Rooter West portion in Robertson County, Texas.

Lloyds, MUFG and SMBC lead the lender group

Lloyds, MUFG and SMBC are mandated as Coordinating Lead Arrangers, Green Loan Coordinators, Co-Syndication Agents and Joint Bookrunners on both the Big Rooter West and Big Rooter East financings. MUFG also serves as Administrative Agent. CSC Delaware Trust Company acts as Collateral Agent.

White & Case LLP and Jackson Walker LLP advised Panamint, while Milbank LLP advised the lenders.

OKLAHOMA CITY – November 04, 2026 -- Ascent Resources Utica Holdings generated $165 million of Adjusted Free Cash Flow in the third quarter of 2026 on net production of 2,190 MMcfe per day, and raised its full-year production guidance while cutting operating cost expectations.

Q3 earnings reflect a $23 million net loss but $438 million in Adjusted EBITDAX

Ascent reported a net loss of $23 million for the quarter against Adjusted Net Income of $214 million. Cash flow from operations reached $346 million. Total capital expenditures were $237 million: $190 million for drilling and completion, $40 million for land and leasehold, and $8 million in capitalized interest.

Output comprised 1,888 MMcf per day of natural gas, 12,293 Bbl per day of oil and 38,065 Bbl per day of NGLs, putting liquids at 14% of the production mix.

DENVER – November 04, 2026 -- Energy Fuels reported a third-quarter net loss of $52.4 million ($0.20 per share) on revenue of $29.2 million, as $35.3 million of non-cash mark-to-market losses on its securities portfolio outweighed a profitable uranium segment. The company closed its acquisition of Australian Strategic Materials (ASM) in August and expects to close the Vacuumschmelze (VAC) deal in early 2027.

Uranium prices rise for a third straight quarter

Energy Fuels sold 320,000 pounds of U3O8 at a weighted average realized price of $88.90 per pound, generating $28.4 million in uranium revenue. Long-term contracts accounted for 270,000 pounds at $88.79 per pound ($24.0 million). Spot sales totaled 50,000 pounds at $89.50 per pound ($4.5 million). The realized price rose 10% from Q2 and 27% from Q1, while operating costs per pound and cost of goods sold held steady. The uranium segment was profitable for the third consecutive quarter.

TORONTO – November 04, 2026 -- Denison Mines Corp. (TSX: DML; NYSE American: DNN) estimates 2026 expenditures at its Phoenix in-situ recovery (ISR) uranium mine at C$278.6 million, after its first quarter of full-scale construction left the project about 24% complete as of September 30, 2026. The company still targets first production in the second half of 2028.

Phoenix spending reaches C$161.1 million year to date

Year-to-date Phoenix expenditures totaled C$161.1 million, including C$105.0 million on construction and construction indirect costs and C$39.0 million on procurement of equipment and materials. Life-to-date procurement spending stands at about C$56.8 million.

For the fourth quarter of 2026, Denison forecasts C$39.9 million in procurement payments, C$68.5 million in construction and construction indirect costs, and C$9.1 million in engineering, PCM and owner's costs.

Nantong – November 05, 2026 -- AlphaESS has retained its place on BloombergNEF's Tier 1 list of energy storage manufacturers for a fifth consecutive quarter, clearing a tougher bankability test introduced in the Q4 2026 ranking.

Under the revised criteria, equipment providers must show project experience backed by non-recourse financing from at least two commercial banks across eligible projects. For developers, investors and EPC partners, the listing serves as an additional reference when screening storage suppliers.

AlphaESS advances 200 MWh of European projects across three countries

The company's recent European developments in Lithuania, Austria and Germany total 200 MWh.

In Lithuania, a 120 MWh battery storage project built on the Aster 5000 system has passed its Factory Acceptance Test, and the equipment is ready for shipment.