Energy Brief: Earnings, Rates, Solar, Global Energy Moves

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Earnings outlook across major energy and materials companiesEarnings season continues with updates expected from Occidental Petroleum (OXY), Energy Transfer (ET), Devon Energy (DVN), Transocean (RIG), Newmont (NEM), Pan American Silver (PAAS), Kinross Gold (KGC) and Nutrien (NTR). The reports are expected to provide insight into commodity pricing, production volumes, and capital discipline, according to Seeking Alpha.

Arizona AG challenges utility rate increase
Arizona Attorney General Kris Mayes is pushing back against Tucson Electric Power’s proposed 14% rate increase, arguing the move is driven by “blatant corporate greed.”

California plugs abandoned oil and gas wells
California regulators completed work to plug and seal 20 abandoned oil and gas wells in the AllenCo neighborhood in Los Angeles, addressing environmental and safety concerns tied to inactive wells.

Colorado cooperative cancels solar project
A western Colorado electric cooperative scrapped a proposed 20-megawatt solar project despite securing a federal loan, citing rising construction costs and tax credit uncertainty.

NextEra Energy raises quarterly dividend
The board of NextEra Energy, Inc. (NYSE: NEE) declared a quarterly dividend of $0.6232 per share, representing a 10% increase from the prior-year comparable payout. The move aligns with the company’s stated goal of approximately 10% annual dividend growth through 2026.

WORLD

Iran pursuing economic-focused nuclear agreement talks
Iran is pursuing a nuclear agreement with the United States that could deliver energy, mining, and aircraft deals as negotiations continue.

Agrivoltaics research highlights optimal terrain
Brazilian scientists developed a slope-based agrivoltaics framework, finding sites below a 15% gradient provide the best balance between agricultural productivity and technical feasibility.

India solar capacity surges in 2025
India added 36.6 gigawatts of solar capacity in 2025, a 43% increase year over year, with large-scale projects accounting for 81% of installations, according to Mercom India.

Philippines plans new green energy auctions
The Philippines unveiled plans for four green energy auctions, including initiatives focused on rooftop solar, solar-plus-storage, solar on canals, and agrisolar projects.

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