Energy, Utilities & Environment

OSLO – November 05, 2026 -- Aker Solutions has received a letter of award from PTSC Mechanical and Construction Limited Company (PTSC M&C) for a sizeable detail design contract on the Maydan Mahzam oil field redevelopment offshore Qatar. The company defines a sizeable contract as one valued between NOK 0.5 billion and NOK 1.5 billion.

Aker Solutions will design three topsides, four jackets and a brownfield tie-in

The scope covers detail design for several offshore installations within PTSC M&C's package: three major topsides, four jackets and brownfield tie-in work. Aker Solutions' engineering teams in Kuala Lumpur, Malaysia, and Mumbai, India, will execute the work.

Boston – November 05, 2026 -- Broco Energy, a Massachusetts-based Veteran-Owned Small Business, has won two five-year statewide fuel contracts through the Commonwealth of Massachusetts, giving public buyers access to renewable diesel, biodiesel, heating oil and eligible liquid biofuel.

ENE53 and ENE58 split the awards between transport fuels and heating products

Contract ENE53 covers ultra-low sulfur diesel, biodiesel and renewable diesel. Contract ENE58 covers No. 2 heating oil and APS-eligible liquid biofuel.

Eligible municipalities, government agencies and other public entities across Massachusetts can buy under both contracts through the state's established procurement program.

NEWARK – November 04, 2026 -- The Passaic Valley Sewerage Commission (PVSC) has selected Greasezilla to install a fats, oils and grease (FOG) separation and recovery system able to process up to 15 million gallons of hauled grease-trap waste a year, one of the largest such systems deployed in the United States.

PVSC picks Greasezilla after extensive review for Newark Bay plant

The system will be installed at PVSC's Newark Bay treatment facility. PVSC is designed for 330 million gallons per day (MGD) and averages roughly 226 MGD. It serves 48 municipalities across Bergen, Essex, Hudson, Passaic and Union counties in New Jersey. The utility said it ran an extensive review to find a high-volume solution for northern New Jersey's commercial FOG intake.

Berlin – November 04, 2026 -- Germany's hydrogen market index stands at 41 out of 100 points in 2026, unchanged from the previous year, and industry and energy-sector representatives see no noticeable revival of the market. The annual analysis, conducted since 2023, concludes that the hydrogen ramp-up has stalled despite progress on infrastructure and the further development of regulation.

Infrastructure is the only category to improve, rising to 36 points

Of the four main categories assessed, only infrastructure build-out gained in the rating. It reached 36 index points, up from 35 in 2025 and 24 in 2023. The authors report stronger upward trends in several sub-categories of the infrastructure index.

Zurich – November 04, 2026 -- Hitachi Energy has been named a Leader in enterprise asset management (EAM) software by ARC Advisory Group, which assessed the top 16 EAM suppliers in its "ARC MarketMap for Enterprise Asset Management 2026." The company says the result reflects more than 40 years of EAM development for asset-intensive operations.

ARC cites utility focus and a large installed base as Hitachi Energy's strengths

ARC credits Hitachi Energy with industry expertise, an extensive installed base and continued investment in its portfolio. It also points to strong domain alignment with power utilities and grid infrastructure, backed by expertise in transformers, substations and high-voltage assets. According to ARC, the supplier's strength lies in combining operational technology depth with digital asset intelligence to support resilience, uptime and long-term infrastructure modernization.

Ninghai, China – November 04, 2026 -- Risen Energy Energy Storage has held a place on BloombergNEF's Tier 1 list of energy storage manufacturers in all four quarters of 2026, after being listed again for Q4.

BNEF Tier 1 list serves as a reference for developers, owners, EPCs and financiers

According to the company, project developers, asset owners, EPC contractors and financiers use the BNEF Tier 1 list to evaluate storage manufacturers and select technology partners. Risen Energy cites four consecutive quarterly listings as evidence of its market presence and project delivery record.

4S architecture and Risen Cloud platform anchor the technology offer

Risen Energy's 4S integrated system architecture is paired with the Risen Cloud intelligent energy management platform. The company says the combination covers system safety, operational efficiency and lifecycle management of storage assets through digital monitoring.

Plano – November 03, 2026 -- ISU Specialty Chemical and Ares Materials will jointly develop polymer materials for solid-state batteries, along with the AI tools used to optimize them. The deal pairs a lithium sulfide producer with 2025 revenue of about KRW 411.5 billion (US$290 million) and a materials-AI company based in Plano, Texas, and Guadalajara, Mexico.

Ares takes formulation and AI, ISU takes production and supply

Ares will develop the polymer formulations and the AI framework used to tune them against cell-level battery test data. ISU, a member of Korea's ISU Group, will contribute its specialty-chemical and lithium sulfide manufacturing and lead production and commercial supply.

Washington – November 03, 2026 -- The United States and the Democratic Republic of Congo have launched joint governance of Grand Inga, a Congo River hydropower complex with an estimated 42,000 megawatts of potential capacity, according to a statement distributed on behalf of the Congolese government. The inaugural Grand Inga Coordination and Governance Committee met at the World Bank offices in Paris.

Treasury official and Deputy Prime Minister co-chair the Grand Inga committee

Daniel Mukoko Samba, DRC Deputy Prime Minister, and Jeremy Wiggins of the U.S. Department of the Treasury co-chaired the session. Delegations focused on developing Grand Inga in coordinated phases. The committee also put environmental and social safeguards for affected communities on its agenda.

"For decades, Inga was a promise," Samba said, adding that Congo intends to process its minerals domestically using Congolese labor and power.

DENVER – November 03, 2026 -- Ovintiv Inc. reported third-quarter net earnings of $549 million ($1.99 per diluted share) and Non-GAAP Free Cash Flow of $680 million, while agreeing to acquire Logan Energy Corp. for C$1.40 per share in cash. The Logan deal carries a total transaction value of about $890 million (C$1.26 billion), including the assumption of Net Debt.

Ovintiv adds 240 net well locations for $457 million in acreage deals

Ground game acreage acquisitions completed in the quarter totaled $457 million. They added roughly 120 net well locations in the Montney and roughly 120 in the Permian. Average cost ranged from $1.3 million to $1.7 million per 10,000-foot-equivalent drilling location.

EU – November 04, 2026 -- Cross-border electricity trading generates about €32 billion in economic surplus each year in the EU day-ahead market alone, and deeper integration across all market timeframes could add at least €4 billion annually, according to the ACER 2026 Monitoring Report.

15-minute products now make up almost 90% of day-ahead volumes

Day-ahead trading has largely moved to 15-minute products, which were introduced on 1 October 2025 to better reflect changing system conditions. Power purchase agreements increasingly pair renewable generation with energy storage, which supports renewable investment and adds flexibility.

Congestion management costs rose to €5.4 billion in 2025

Grid congestion costs climbed from €4.3 billion in 2024 to €5.4 billion in 2025. A growing share is linked to voltage control following the Iberian blackout.