Energy, Utilities & Environment

CHINT Unveils 1,000 kV Transformers, SF6-Free Grid Tech at CIGRE 2026

Image
CHINT Unveils 1,000 kV Transformers, SF6-Free Grid Tech at CIGRE 2026

Paris – September 03, 2026 -- CHINT presented a portfolio of high-voltage transformers, SF6-free switchgear and data center power systems at CIGRE 2026, targeting Europe's grid operators as they contend with surging AI-driven electricity demand.

CHINT displays 1,000 kV and 750 kV transformer technology for high-voltage transmission

Under its Green Power Grid & High Voltage lineup, the company showcased 1,000 kV low-loss, low-noise oil-immersed power transformers alongside 750 kV natural ester oil-immersed units. It also presented SF6-free medium- and high-voltage switchgear, including 24 kV, 145 kV and 420 kV SF6-free gas-insulated switchgear (GIS), aimed at cutting environmental impact in grid infrastructure.

NPC Calls for National Program to Map US Subsurface Resources

Image
NPC Calls for National Program to Map US Subsurface Resources

WASHINGTON – September 03, 2026 -- The National Petroleum Council (NPC) has issued nine recommendations urging Congress and federal agencies to launch a coordinated national program to assess America's subsurface energy and mineral resources, warning that over 80% of the country's energy needs depend on assets that remain largely unmapped for decades.

The report, titled "American Resources for a Secure Future: A National Cooperative Subsurface Assessment Program," was commissioned by U.S. Secretary of Energy Chris Wright and developed by roughly 80 experts spanning state government, Tribal organizations, industry, and academia. It was approved by a full vote of NPC membership.

Summit Midstream Greenlights $100M Double E Pipeline Expansion

Image
Summit Midstream Greenlights $100M Double E Pipeline Expansion

Houston – September 03, 2026 -- Summit Midstream Corporation (NYSE: SMC) has reached a final investment decision on a mainline compression expansion for its Double E Pipeline, backed by a new 200 MMcf/d long-term firm transportation agreement with an investment-grade shipper.

Open season secures 550 MMcf/d of new take-or-pay commitments

Double E Pipeline, LLC concluded an open season that generated 550 MMcf/d of binding long-term commitments, pushing total contracted firm capacity on the system to approximately 2.2 Bcf/d. The expansion will add a bi-directional mainline compressor station that increases forward haul capacity to the Waha Hub by roughly 900 MMcf/d, with an in-service target of the fourth quarter of 2028. Double E has already placed a purchase order for the long-lead gas turbine compression units to lock in manufacturing slots, though the project still requires FERC and other regulatory approvals.

Valmet to Build Flue Gas Condensing Plant for Helen in Helsinki

Espoo, Finland – September 03, 2026 -- Valmet will supply a flue gas condensing plant to Helen's Salmisaari K6 pellet heating plant in Helsinki, an order booked in Valmet's second-quarter 2026 order intake with commercial start-up scheduled for the second half of 2027.

Helen targets more heat output from existing biomass fuel volumes

The system recovers heat previously lost in flue gases, converting water vapor from combustion into usable thermal energy that is fed back into Helsinki's district heating network. This raises district heat output without increasing pellet consumption, supporting Helen's goal of maximizing renewable energy yield and cutting emissions in its heat production. Helen aims for net-zero emissions by 2040.

ePointZero to Buy 90% of Africa's Azura Power in Major Energy Deal

Image
ePointZero to Buy 90% of Africa's Azura Power in Major Energy Deal

Abu Dhabi, UAE – September 03, 2026 -- ePointZero, a subsidiary of 2PointZero Group, has agreed to acquire a 90% stake in Azura Power Holdings, a pan-African independent power producer with 752 MW of operating capacity across Nigeria, Senegal and Mozambique.

ePointZero enters African power generation via a 752 MW operating platform

The deal marks ePointZero's first entry into African power generation, acquiring the ownership stakes previously held by Actis and Africa50 through a new acquisition vehicle formed with Amaya Capital. Azura Power's founding partner, Amaya Capital, will retain a 10% minority interest, having built the platform since 2010.

PetroChina H1 2026 Profit Tops RMB100 Billion for First Time, Up 22%

Hong Kong – September 03, 2026 -- PetroChina Company Limited reported profit attributable to owners of RMB 103.94 billion for the first half of 2026, up 22.0% year-on-year and marking the first time the company's half-year net profit has exceeded RMB 100 billion. Revenue reached RMB 1,527.49 billion, a 5.3% increase, while basic earnings per share stood at RMB 0.57.

PetroChina H1 2026 Profit Tops RMB100 Billion for First Time

Hong Kong – September 03, 2026 -- PetroChina Company Limited reported first-half 2026 revenue of RMB 1,527.49 billion, up 5.3% year-on-year, with profit attributable to owners reaching RMB 103.94 billion, a 22.0% increase that marks the first time the company has exceeded RMB 100 billion in profit within a half-year period. Basic earnings per share stood at RMB 0.57.

Niutech Signs Deal With Global Energy Giant on Plastic-to-SAF Pyrolysis Line

Image
Niutech Signs Deal With Global Energy Giant on Plastic-to-SAF Pyrolysis Line

JINAN, China -- September 01, 2026 -- Niutech Technology Group Co., Ltd. has signed a sales contract with an unnamed global energy giant to supply an industrial continuous pyrolysis line for plastic waste, the Jinan-based company said Aug. 30, 2026. The line, with a unit capacity of 10,000 to 50,000 tonnes per year, will upgrade one of the client's large-scale refineries to produce hydrotreated sustainable aviation fuel from plastic-waste pyrolysis oil. Niutech called the deal its first entry into the client's equipment supply chain.

EU mandate pushes refiners toward waste-based jet fuel

The EU's ReFuelEU Aviation regulation requires a 2% sustainable aviation fuel blend starting in 2025, rising to 6% by 2030 and 70% by 2050. Supplies of used cooking oil, the feedstock refiners have relied on for SAF production, remain limited. Plastic waste has emerged as an alternative feedstock for refiners racing to meet the EU blending schedule.