Energy, Utilities & Environment

Berlin – November 02, 2026 -- Deutsche Umwelthilfe (DUH) will examine legal action if RWE concludes a planned LNG supply contract with ADNOC that would include fracking gas from Argentina's Vaca Muerta formation.

RWE and ADNOC have signed a letter of intent covering LNG from ADNOC's global portfolio

Under the signed letter of intent, RWE would buy LNG from ADNOC's worldwide portfolio. DUH says that portfolio includes Argentine shale gas. ADNOC's investment arm XRG holds stakes in both the planned Argentina LNG export terminal and gas production in Vaca Muerta, one of the world's largest shale gas deposits.

Yerevan – – November 02, 2026 -- Sinopec (HKG: 0386) has withdrawn 992 oil wells, 112 gas wells and 181 water wells from operation by the end of 2025, according to its first Global Biodiversity Conservation Report. The company released the report on October 29 at the closing ceremony of the China Pavilion during COP17 of the UN Convention on Biological Diversity.

Zhong Ren, a director with Sinopec Group, said the company is balancing energy development with environmental conservation. A representative of the Brand Department presented the biodiversity management framework.

Essen – November 02, 2026 -- Westnetz, the grid operator of Westenergie, plans to renew, expand or newly build more than 21,000 kilometers of power lines by 2030 under its Grid Expansion Plan 2026. The plan also covers measures at about 250 substations and more than 30,000 local grid stations.

Data center load in Westnetz's area is forecast to rise nearly ninefold

Forecast power demand from data centers in the Westnetz service area climbs from 217 MW in 2024 to 1,912 MW in 2030. Demand from electric mobility grows from 1,783 MW to 14,963 MW over the same period, more than eight times the 2024 level. Photovoltaic capacity is expected to roughly double, from about 10,800 MW to almost 22,000 MW.

The grid area spans North Rhine-Westphalia, Rhineland-Palatinate and parts of Lower Saxony and Hesse.

Wilhelmshaven – November 02, 2026 -- A study commissioned by Deutsche Umwelthilfe (DUH) concludes that importing synthetic methane (SNG) through the planned LNG terminal in Wilhelmshaven would be uneconomic and inefficient, undermining the operator's case for a long-term switch to green gases.

Operator promises SNG-only imports by 2044 at the latest

Deutsche Grüngas Energieversorgungs GmbH (DGGEV) has announced it will import only SNG instead of natural gas by 2044 at the latest. According to the DUH study, SNG produced from green hydrogen combined with a closed CO2 cycle is highly inefficient and therefore too expensive. The study concludes that fossil operation of the terminal is the far more realistic scenario.

VANCOUVER – November 02, 2026 -- Verdera Energy Corp. (TSXV: V) will buy back up to 6,389,047 common shares for cancellation under a new normal course issuer bid, up from the 3,793,152-share cap in the bid it terminated on October 30, 2026.

Prior bid capped on pre-distribution share count

The company said it sized the Previous NCIB on its capitalization and public float immediately before the distribution of 35,000,000 Verdera common shares to enCore Energy Corp. shareholders. That distribution closed on September 30, 2026. Verdera attributed the miscalculation to an administrative oversight. The issuance was predetermined when the Previous NCIB launched on September 29, 2026.

The Previous NCIB was authorized for up to 3,793,152 shares, about 10% of a 37,931,520-share public float and about 5% of 75,782,993 shares outstanding as of September 23, 2026.

CHICAGO – November 02, 2026 -- ElectronX, the CFTC-regulated power derivatives exchange, reported October volume of 96,378 contracts (about 96 GWh), up 27% from September, across more than 7,000 executed trades in its seven U.S. ISO contract suites.

Trade count rises 55% as daily volume sets a record

Total trades reached 7,041, up 55% month over month. Average daily volume grew 21% to 4,381 contracts (4.4 GWh). A single-day record of nearly 7,400 contracts (7.4 GWh) was set on October 20. The exchange also reported record highs in the number of active trading firms, though it gave no figure.

SPP volume more than doubles, CAISO and ERCOT climb over 60%

Volume growth by grid operator was led by SPP at +121%, followed by CAISO at +73%, ERCOT at +60% and NYISO at +49%.

Scottsdale – November 02, 2026 -- Five Arevon Energy solar projects in California with a combined 544 MWdc of capacity have reached 10 years of operations, generating enough electricity to power more than 158,000 homes and contributing over $44 million in lifetime property tax payments.

The projects are Henrietta Solar, Kingbird A Solar, Kingbird B Solar, Nicolis Solar and Stateline Solar. All have supplied power to California communities since 2016. Arevon also marked a decade of operations at its 344 MWdc Moapa Solar Project in Clark County, Nevada, and held a celebration with project stakeholders in September.

Davidson, N.C. – November 02, 2026 -- The Water Well Trust (WWT) has completed its 1,000th household water well since launching in 2012, extending low-interest financing to low-income rural homeowners in 44 states.

The milestone well was finished in Aroda, Virginia, for a veteran whose well ran dry in August 2026. Since then, he had been getting water for his home from a local store and a neighbor.

USDA-backed loans fund wells and septic systems

The program is funded by the USDA's Decentralized Water Systems (DWS) program and matching funds from Water Systems Council member companies. It provides low-interest loans for building and rehabilitating household water wells and septic systems for eligible homeowners.

WWT has taken part in the drilling or rehabilitation of more than 1,000 water wells and 174 wastewater projects.

TOKYO – November 02, 2026 -- TOYO Co., Ltd (Nasdaq: TOYO; OTC: TOYWF) will exhibit at Booth #N3136 at RE+ 2026 in Las Vegas on November 17-19 and meet institutional investors at the 13th Annual ROTH Solar & Storage Symposium on November 17, the solar manufacturer said.

TOYO brings high-efficiency solar products and Texas production to RE+ 2026

RE+ 2026 runs November 16-19 at the Las Vegas Convention Center in Nevada. TOYO's team will staff its booth from November 17 to 19 to present the Company's high-efficiency solar products and its U.S. manufacturing operations in Humble, Texas.

TOYO states it is committed to becoming a vertically integrated solar manufacturer, spanning wafers and silicon, solar cells and photovoltaic modules.

HOUSTON – November 02, 2026 -- Hornbeck Offshore Services (NYSE: HOS) has signed multiple agreements with Shell Offshore Inc. to deliver integrated deepwater services in the U.S. Gulf of America, with operations scheduled to begin in 2027.

Hornbeck to supply well intervention, stimulation support and marine transport

The scope covers riser-based well intervention, riserless well intervention stimulation support and marine transportation.

Three asset packages are planned for deployment

Hornbeck expects to deploy the following: