Thursday, 15 October 2026

Poland's StatOffice revised September consumer price index (CPI) inflation to 4.1% year over year, up from the 4.0% reported previously.

Higher energy prices contributed around 2.5 percentage points, or roughly 60%, of the annual inflation rate in September, according to the StatOffice data cited in the analysis.

Fuel prices rose 9.2% month over month in September, while household energy prices increased 1.0%. The move was driven mainly by liquid fuels, up 14.7% month over month, and solid fuels, up 5.5%, including coal at 7.4%.

Broader price pressures stayed contained. Core inflation excluding food and energy was estimated to have slowed to around 3.1% year over year from 3.3% in August.

ATS Energy has closed a financing round to move its Solid-State Generator (SSG) toward commercial production, the company said. The device turns industrial waste heat into electricity.

The money will pay for making thermoelectric cartridges for its generators and for finishing a first commercial unit, which ATS Energy aims to deploy by mid-2027.

The company said the funding backs its plan to put that first generator in service and start operations in 2027, alongside building capacity for further customer installations.

ATS Energy is leaning on specialized contract-manufacturing partners instead of building out its own plants, according to the company.

Standard Lithium Ltd appointed Ralph Alexander to its board of directors as an independent director, effective immediately, according to kalkinemedia on Tuesday morning.

The company, which is developing lithium brine projects in the Smackover Formation of Arkansas and Texas, described Alexander as bringing more than four decades of experience across energy, chemicals, power and infrastructure, according to kalkinemedia.

Alexander previously served as chief executive of Talen Energy Corporation and then as its chairman, per the same report.

German clean energy startup 1KOMMA5° raised more than EUR 70 million, equivalent to USD 78 million, in a new funding round, according to ESG Today.

The financing valued the company at USD 1.35 billion before the investment.

1KOMMA5° said the proceeds are intended to accelerate the development and commercialization of its platform connecting home devices with the grid.

Nomura named Ather Energy, Mahindra & Mahindra and Hyundai Motor India as its preferred automobile stocks, tying future returns to how fast each manufacturer builds EV penetration.

The brokerage said stock returns for original equipment manufacturers over the next few years were likely to depend on their level of EV penetration. It added that Tata Motors Passenger Vehicles was also positioned to gain if EV adoption rises faster.

Separately, Hyundai Motor Group Chairman Chung Eui-sun said he intends to expand the group's Indian business beyond automobiles into energy, robotics and artificial intelligence.

BP expects third-quarter post-tax impairment charges of between USD 3 billion and USD 4.5 billion, according to business-news-today.com.

The charges are primarily associated with transition businesses within BP's gas and low-carbon energy segment.

The impairments reflect reductions in the carrying value of assets and are excluded from underlying replacement cost profit, BP's preferred measure of earnings, according to kalkinemedia.com.

UK energy company Octopus Energy has unveiled Cosy Cooler, an indoor cooling unit that turns its Cosy heat pump heating system into a residential air-conditioning solution, according to pv magazine.

The device uses chilled water supplied by a compatible Cosy heat pump to cool individual rooms, removing the need for a separate refrigerant-based indoor split air-conditioning system.

It connects to existing radiator pipework, which Octopus Energy says can simplify installation in homes already equipped with its heat pumps.

Octopus Energy expects to offer the unit for between GBP 500 and GBP 600, with commercial availability planned for 2027, according to pv magazine.

Rising energy costs were a major driver of hotter-than-expected US inflation figures, according to Semafor Net Zero.

Prices across all goods and services in the US gained 3.7% over the past 12 months, per Semafor Net Zero.

Gasoline prices climbed 34.2% over the same period, according to Semafor Net Zero. Fuel oil prices, which Semafor noted matter mostly for home heating, rose 74.2% over the past 12 months.

Subsea7 has hired Worley Rosenberg to build subsea structures and spools for the second phase of Norway's Northern Lights carbon capture and storage (CCS) project, Offshore Engineer OEDigital reported.

Under the deal, Worley Rosenberg will fabricate subsea infrastructure that supports a larger carbon dioxide transport and storage network running beneath the North Sea.

Phase 2 will lift the project's yearly CO2 transport and storage capacity from 1.5 million tonnes to more than 5 million tonnes, according to Offshore Engineer OEDigital.

Backers reached a final investment decision on Phase 2 in March 2025, and operators aim to reach the higher capacity by 2028.

A Norwegian appeals court ordered Seadrill to pay SFL approximately USD 55 million, or NOK 525 million, resolving the companies' dispute over the redelivery of the Hercules offshore drilling rig, according to Offshore Engineer OEDigital.

The Borgarting Court of Appeal unanimously found that Seadrill breached its contractual obligations when it returned the Hercules rig in December 2022, OEDigital reported.

The award covers compensation, late-payment interest and legal costs, and includes full reimbursement of SFL's legal expenses before the Oslo District Court and the Borgarting Court of Appeal.

The appeals judgment largely upheld the Oslo District Court's February 2025 ruling, with accrued interest raising the total amount payable, according to OEDigital.

Standard Solar has purchased two solar projects in Washington from OneEnergy Renewables, according to Solar Builder.

The projects are Palouse Junction in Connell and Cunningham in Othello, and both are under construction, Solar Builder reported. The developer focuses on commercial and community solar.

Once completed, the two projects will provide a combined 15.79 MW of ground-mounted solar capacity to the local grid, according to Solar Builder.

OneEnergy estimates the projects will generate about 29 GWh of renewable energy during their first year of operation.

Canadian energy companies are preparing to raise production and investment in 2027, while institutional investors have shifted toward a stronger preference for growth spending, according to ATB Cormark Capital Markets' Fall 2026 Energy Sector Survey.

The survey found that 96% of exploration and production companies expect to increase production over the next year, according to ATB Cormark Capital Markets. Among energy services respondents, 90% anticipate higher activity in 2027.

Growth spending has become institutional investors' leading capital-allocation preference, with 41% ranking it first, up from 18% in spring 2026, according to the survey.