Energy, Utilities & Environment

Münster – October 30, 2026 -- The partners of the GET H2 initiative have published a seven-point paper setting out measures to remove the bottlenecks slowing Germany's hydrogen ramp-up, supplementing the impulse paper the Federal Ministry for Economic Affairs and Energy (BMWE) released on October 20.

The partners welcome the ministry's renewed focus on hydrogen and say the direction is right. Their paper adds practical detail to the proposed measures. It stresses the urgency of pending regulation, in particular the still-outstanding transposition of the EU Internal Market Directive for gas and hydrogen through an amendment of the Energy Industry Act (EnWG).

Pittsburgh – October 30, 2026 -- Mercuria Energy Group has committed $4 million over four years to nonprofit Energy Corps, funding five energy access projects in Bangladesh, the Democratic Republic of the Congo, Panama and Zambia in 2026.

The partnership gives Energy Corps four years of stable funding to expand its grantmaking and to compare projects across different settings. It also adds Mercuria's technical expertise and global network to Energy Corps' locally led, energy-agnostic model. Mercuria Chief Investment Officer Brian Falik said the company is applying its capital and market expertise to projects meant to expand reliable energy access and the economic opportunity that follows.

CHAM, Switzerland – October 30, 2026 -- Landis+Gyr Group AG (SIX: LAND) raised its FY 2026 adjusted EBITDA margin guidance to 15.0%-16.0% after posting a record adjusted gross margin of 38.0% in the second quarter, even as first-half net revenue fell 6.3% year-over-year to $501.4 million.

Second-quarter revenue reaches $269.2 million with order intake of $170.3 million

The quarter ended September 30, 2026 delivered net revenue of $269.2 million. Order intake in the period totaled $170.3 million, according to the unaudited results.

CEO Peter Mainz attributed the first-half revenue decline to timing of the transition between two major customer deployments. He said the top line was in line with expectations.

First-half adjusted gross margin expands 370 basis points to 37.7%

Adjusted gross profit rose 4.0% to $189.2 million for the half-year. Adjusted EBITDA grew 3.5% to $73.9 million, a 14.7% margin that is up 140 basis points.

YANTAI – October 30, 2026 -- Jereh Group has launched its Saturn modular gas gensets, led by the SATURN C4 unit rated at 1,400 kW continuous output. The company says factory prefabrication cuts installation time by 70% and that gas-fired generation costs 60%-70% less than diesel.

The launch took place on October 28 at Jereh Equipment Manufacturing Industrial Park. The first genset rolled off the line the same day. Hanyang Li, Party Secretary and Chairman of Yuchai Group, led a delegation to the unveiling.

Yuchai supplies the power core, Jereh the integration and controls

Yuchai provides the high-performance power core. Jereh contributes equipment integration, intelligent control and global after-sales service. Saturn is a cornerstone of Jereh's Gas-to-Power strategy, which now covers gas treatment, gas boosting, clean generation and intelligent control.

HONG KONG – October 30, 2026 -- CNOOC Limited's net profit attributable to equity shareholders rose 16.8% year-on-year to RMB 119.12 billion in the first three quarters of 2026, while net oil and gas production climbed 2.7% to a record 593.7 million barrels of oil equivalent (BOE) for the period.

Oil and gas sales revenue grows 19.5% to RMB 305.35 billion

Unaudited oil and gas sales revenue reached RMB 305.35 billion, outpacing the 2.7% production gain. Capital expenditures totaled approximately RMB 89.9 billion, and the company said all spending was implemented as planned. Safety and environmental performance remained generally stable and under control, according to the company.

OKLAHOMA CITY – October 30, 2026 -- Mammoth Energy Services (NASDAQ: TUSK) reported third-quarter 2026 revenue from continuing operations of $21.3 million, up 95% from $10.9 million a year earlier, and raised its full-year outlook for the third time this year.

Net income from continuing operations was $0.3 million, or $0.01 per diluted share. That compares with a loss of $12.6 million in the third quarter of 2025 and a loss of $1.2 million in the second quarter of 2026. Adjusted EBITDA reached $5.8 million, against negative $4.8 million a year ago and $2.6 million in the second quarter. The Adjusted EBITDA margin was 27.2%, up from 10.0% in the second quarter and 15.0% for the first nine months. Revenue fell from $26.1 million in the second quarter.

SHANGHAI – October 30, 2026 -- Envision's Tianji weather foundation model ranked first overall in the latest AI Weather Quest, organized by the European Centre for Medium-Range Weather Forecasts (ECMWF), outperforming nearly 20 top teams worldwide.

Tianji takes first place on every assessed metric for the 19-25 day window

Tianji led the variable-averaged ranking as well as the individual categories of near-surface temperature, mean sea level pressure and precipitation. All results apply to the 19-25 day forecast window.

CAIRO – October 30, 2026 -- Sinopec honored 30 students from Egyptian universities as "China-Egypt Youth Cultural Ambassadors" at the final round and awards ceremony of its cultural competition in Cairo on Oct. 26.

Nearly 100 video entries from 12 universities fed a three-stage selection

The competition launched in July and drew nearly 100 original short-video entries from 12 Egyptian universities. Preliminary and semifinal rounds produced the 30 honorees, and 16 contestants from six universities reached the final. They faced three quiz rounds: compulsory, buzzer and risk-taking questions.

Five first-prize winners earn a trip to Shanghai and Ningbo

The five first-prize winners will be invited to a cultural experience program in Shanghai and Ningbo. Seifeldien Leisy, a third-year Cairo University student and one of the winners, said he hopes to study and work in China in the future.

HOUSTON – October 30, 2026 -- KLX Energy Services Holdings (NASDAQ: KLXE) has appointed investor Franklin S. Edmonds, Jr. and former Hi-Crush CEO E. Dirk Hallen as independent directors, replacing John Collins and Tom McCaffrey, who resigned from the board.

Both new directors will sit on the Nominating and Governance Committee. Edmonds also joins the Audit Committee, and Hallen joins the Compensation Committee.

KLX pairs a capital-allocation specialist with an oilfield-services operator

CEO Chris Baker said Edmonds' background in investments, capital allocation and governance and Hallen's oilfield services, operational and strategic experience would bring "complementary perspectives" as KLX executes its strategy. Baker credited the departing directors with guiding the company through the Covid era and what he called a "transformational capital rebalancing."

DALLAS – October 29, 2026 -- Consultancy Turner, Mason & Company has published four Fall 2026 Outlooks on the energy market. They cover crude and refined products, renewable fuels regulation, heavy crude and worldwide refinery construction.

The Dallas- and Houston-based firm issues its Outlooks each spring and fall. They combine market data, project intelligence and fundamental analysis to assess supply and demand, trade flows, regulatory developments, refining margins and investment trends.

Heavy crude analysis centers on Canadian growth, TMX flows and Venezuela

The Global Heavy Crude Oil Market Outlook evaluates regional production and export availability. It covers Canadian growth, flows linked to the TMX expansion and the potential recovery of Venezuelan production.