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Between low margins, rising taxes, and rail delays, Russian refineries struggle to sustain operations, while modernization projects are hindered by high interest rates and Western sanctions.
At COP29, China refuses to agree to a climate financing proposal, deepening North-South tensions and threatening global objectives in the fight against climate change.
The restart of the Cordemais coal plant, planned to address the cold wave, has been halted by a strike. Workers oppose the scheduled closure and demand guarantees for their future.
Russia and Iraq strengthen their cooperation within OPEC+ to manage oil price fluctuations. This coordination is crucial for their respective budgets amidst sanctions and heavy reliance on oil revenues.
A dispute between Gazprom and OMV disrupts Europe’s energy balance. Despite stable flows via Ukraine, legal and economic tensions increase the challenges of the European Union’s energy diplomacy.
Vaca Muerta, one of the world’s largest shale gas reserves, places Argentina at a major strategic crossroads. Yet, with limited infrastructure, economic challenges, and energy diplomacy complexities, its export ambitions face significant hurdles.
Element Energy has commissioned a 53 MWh facility using repurposed electric vehicle batteries, providing an innovative and eco-friendly solution for energy storage on the ERCOT grid.
Clean Hydrogen Works awards McDermott the front-end engineering and design (FEED) contract for the Ascension Clean Energy (ACE) project in Louisiana, aiming to produce 2.4 million metric tons of clean ammonia annually.
India is preparing to launch an ambitious Carbon Credit Trading Scheme (CCTS) focused on reducing industrial emissions intensity. This initiative, planned for 2026-27, could transform emission management nationwide.
Tehran warns that the European resolution condemning its nuclear program at the IAEA risks severely disrupting relations with the UN agency ahead of a crucial vote.
The evaluation of debris extracted from Fukushima, crucial for dismantling planning, could last up to a year, according to Tepco, the operator of the Japanese nuclear plant.
Africa Oil Corporation increases its stake in Impact Oil & Gas to 39.5%, consolidating its investment strategy in the Orange Basin of Namibia, a key region for the oil sector.
The Trump administration plans to support nuclear energy and domestic uranium production. However, questions remain about future budgets and priorities amid competing spending demands.
At COP29 in Baku, 25 nations, including the United Kingdom and Australia, pledged to stop building coal power plants. This initiative aims to curb global warming despite a 2% increase in global coal capacity in 2023.
The COP29 negotiations highlight the critical stakes of energy diplomacy, where climate financing and fossil fuel commitments divide developed and developing countries.
The Indian conglomerate Adani suffered a record loss on the stock market after the indictment of Gautam Adani in the United States, accused of paying $250 million in bribes for solar projects in India.
As it prepares to host COP30 in 2025, Brazil, a major oil producer, aims to play a key role in the energy transition by promoting a global discussion on the gradual reduction of fossil fuels.
Technip Energies, a key player in energy engineering, announces ambitious forecasts: over €8.6 billion in revenue by 2028 and strengthened diversification towards decarbonization and sustainable technologies.
C5 Capital and Sibanye-Stillwater join forces to develop advanced nuclear energy projects in South Africa, the United States, and beyond, supporting the global energy transition with innovative solutions.
Turkey plans IPOs for TEİAŞ, EÜAŞ, BOTAŞ, and TPAO. This initiative aims to attract strategic investments and improve the country's key energy infrastructures.
The final shipment of vitrified nuclear waste between France and Germany has reached Philippsburg. This transfer concludes recycling contracts signed since 1977 with four German operators.
Hungary proposes a budget increase for its Paks II nuclear project, a strategic initiative funded by Russia but facing technical, economic, and geopolitical challenges.
A consortium of key players, led by HoloSolis, is developing a gigafactory in Hambach to produce 10 million solar panels annually, meeting European energy transition goals and strengthening French industrial sovereignty.
Under growing pressure to decarbonize, the world’s leading oil companies are heavily investing in biofuels, with 43 projects aiming to boost sustainable fuel production by the end of the decade.
The Brazilian oil giant Petrobras is considering a return to Argentina, drawn by the potential of Vaca Muerta and a new energy cooperation agreement between the two nations.
New Mexico Oil Auctions Generate $5.5 Million: A Mixed Success