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Newcleo, a specialist in small modular reactors, has raised €135 million and is relocating its headquarters to Paris to improve access to European funding. The startup aims to strengthen its capacity in France and accelerate its technological development.
Russia’s oil and gas revenues are expected to decrease between 2025 and 2027 due to a reduction in Gazprom’s mineral extraction tax. This revenue decline poses a significant challenge to Russia’s budget, given the sector’s large contribution to the state’s finances.
Russia’s oil and gas revenues are expected to decrease between 2025 and 2027 due to a reduction in Gazprom’s mineral extraction tax. This revenue decline poses a significant challenge to Russia’s budget, given the sector’s large contribution to the state’s finances.
The ports of Hodeidah and Ras Isa in Yemen have been hit by Israeli airstrikes, disrupting regional maritime transport and exacerbating geopolitical tensions in a key area for global oil supply.
The ports of Hodeidah and Ras Isa in Yemen have been hit by Israeli airstrikes, disrupting regional maritime transport and exacerbating geopolitical tensions in a key area for global oil supply.
The latest auction of oil blocks in India has sparked significant interest among local private players, but the persistent absence of international companies highlights ongoing doubts about the real opportunities in exploration.
The latest auction of oil blocks in India has sparked significant interest among local private players, but the persistent absence of international companies highlights ongoing doubts about the real opportunities in exploration.
Carbon capture and storage (CCUS) projects are expanding in Asia-Pacific. Several countries are stepping up efforts to create regional hubs despite regulatory complexities and financial challenges.
TotalEnergies has commissioned Danish Fields and Cottonwood, two solar power plants in Texas with a combined capacity of 1.2 GW and battery storage, aimed at securing long-term contracts with industrial clients.
TotalEnergies has commissioned Danish Fields and Cottonwood, two solar power plants in Texas with a combined capacity of 1.2 GW and battery storage, aimed at securing long-term contracts with industrial clients.
The French e-fuels sector needs to accelerate the development of its 26 ongoing projects to meet European decarbonation goals by 2030. The next 18 months will be crucial to structuring this emerging ecosystem.
The French e-fuels sector needs to accelerate the development of its 26 ongoing projects to meet European decarbonation goals by 2030. The next 18 months will be crucial to structuring this emerging ecosystem.
The closure of the UK's last coal-fired power plant marks a major shift in the country's energy strategy, aiming for carbon neutrality by 2050. The UK thus becomes the first G7 member to eliminate this energy source.
The closure of the UK's last coal-fired power plant marks a major shift in the country's energy strategy, aiming for carbon neutrality by 2050. The UK thus becomes the first G7 member to eliminate this energy source.
Gabon and Equatorial Guinea have been at odds over three islets since the 1970s. The International Court of Justice (ICJ) has been called upon to determine the applicable legal documents in this high-stakes dispute with major economic and strategic implications.
McDermott, in partnership with Saipem and China Petroleum Engineering, will lead the preliminary design of the first phase of the Rovuma LNG project, backed by ExxonMobil, Eni, and CNODC. The project aims for an annual production of 18 million tons of LNG.
McDermott, in partnership with Saipem and China Petroleum Engineering, will lead the preliminary design of the first phase of the Rovuma LNG project, backed by ExxonMobil, Eni, and CNODC. The project aims for an annual production of 18 million tons of LNG.
SEG Solar has begun constructing a 5 GW photovoltaic park in Batang, Indonesia. This project aims to strengthen the group’s global supply chain while supporting the local industrialization of solar components.
SEG Solar has begun constructing a 5 GW photovoltaic park in Batang, Indonesia. This project aims to strengthen the group’s global supply chain while supporting the local industrialization of solar components.
An in-depth analysis reveals that thermal plant outages and peak demand accounted for most of the electricity price increases in Texas in 2023, overshadowing the impact of ancillary services.
An in-depth analysis reveals that thermal plant outages and peak demand accounted for most of the electricity price increases in Texas in 2023, overshadowing the impact of ancillary services.
EDF and its former CEO Henri Proglio have been acquitted in a favoritism case related to consultancy contracts awarded between 2010 and 2016. The court ruled that there was no evidence of a criminal intent, despite the accusations from the Parquet National Financier.
Westbridge Renewable Energy finalizes the sale of five solar projects in Alberta, totaling 1.4 GW, to Metlen Energy & Metals. This transaction allows the company to generate funds to support its developments in Canada, the United States, and Europe.
Westbridge Renewable Energy finalizes the sale of five solar projects in Alberta, totaling 1.4 GW, to Metlen Energy & Metals. This transaction allows the company to generate funds to support its developments in Canada, the United States, and Europe.
Duke Energy Foundation is committing $1 million to support recovery efforts in southeastern U.S. states following Hurricane Helene, further reinforcing its previous contributions to disaster preparedness and response initiatives.
Duke Energy Foundation is committing $1 million to support recovery efforts in southeastern U.S. states following Hurricane Helene, further reinforcing its previous contributions to disaster preparedness and response initiatives.
The presidency of COP29 in Baku, led by Azerbaijan, is focused on transforming the commitments made during COP28 into actionable goals, with a strong emphasis on climate finance, energy transition, and multilateral cooperation to strengthen global decarbonization.
The presidency of COP29 in Baku, led by Azerbaijan, is focused on transforming the commitments made during COP28 into actionable goals, with a strong emphasis on climate finance, energy transition, and multilateral cooperation to strengthen global decarbonization.
The French Council of State has dismissed complaints regarding renewable energy development targets while calling for the issuance of a decree to clarify wind farm deployment rules in France.
A report reveals that CO2 emissions linked to gas flaring by oil companies are underestimated. Groups such as Sonatrach, BP, and TotalEnergies face accusations of opaque practices regarding these polluting releases.
A report reveals that CO2 emissions linked to gas flaring by oil companies are underestimated. Groups such as Sonatrach, BP, and TotalEnergies face accusations of opaque practices regarding these polluting releases.
EDF and the Groupement d’intérêt public pour la réhabilitation de l’étang de Berre have reached an agreement to optimize the management of freshwater discharges into this Mediterranean lagoon, reducing the risks of suffocation for local fauna and flora.
EDF and the Groupement d’intérêt public pour la réhabilitation de l’étang de Berre have reached an agreement to optimize the management of freshwater discharges into this Mediterranean lagoon, reducing the risks of suffocation for local fauna and flora.
The French government confirms the launch of a tender for 8 to 10 GW of offshore wind by the end of 2024, aiming to reach a total capacity of 18 GW by 2035.
The French government confirms the launch of a tender for 8 to 10 GW of offshore wind by the end of 2024, aiming to reach a total capacity of 18 GW by 2035.
Masdar, owned by the Abu Dhabi National Oil Company (ADNOC), the sovereign wealth fund Mubadala Investment Company, and energy company TAQA, is actively expanding its presence in the renewable energy sector across Europe. The group recently acquired the Spanish firm Saeta Yield from Brookfield Renewable for $1.4 billion. This transaction includes 745 MW of operational wind and solar assets spread across Spain and Portugal, as well as a 1.6 GW development pipeline scheduled for commissioning by 2030.
India has decided not to purchase gas from the Arctic LNG 2 project due to sanctions. This decision further isolates Russia from major Asian markets and could redefine LNG flows in the region.
India has decided not to purchase gas from the Arctic LNG 2 project due to sanctions. This decision further isolates Russia from major Asian markets and could redefine LNG flows in the region.
ConocoPhillips secured the right to seize payments from PDVSA related to the Dragon gas project between Trinidad and Venezuela. This decision is part of ongoing efforts to recover a $1.33 billion debt linked to the nationalization of its assets.
ConocoPhillips secured the right to seize payments from PDVSA related to the Dragon gas project between Trinidad and Venezuela. This decision is part of ongoing efforts to recover a $1.33 billion debt linked to the nationalization of its assets.
Hurricane Helene disrupted gas production in the Gulf of Mexico, leading to a 5% rise in U.S. natural gas prices and affecting key energy infrastructures across the U.S. Southeast.
Hurricane Helene disrupted gas production in the Gulf of Mexico, leading to a 5% rise in U.S. natural gas prices and affecting key energy infrastructures across the U.S. Southeast.
For the first time, renewable energy has generated more than half of the total electricity produced in the Netherlands, accounting for 53% of the energy mix in the first half of 2024, according to data from Centraal Bureau voor de Statistiek (CBS).
For the first time, renewable energy has generated more than half of the total electricity produced in the Netherlands, accounting for 53% of the energy mix in the first half of 2024, according to data from Centraal Bureau voor de Statistiek (CBS).
Waste management in India remains a major environmental challenge, with only 20% of the 65 million tons generated each year being processed, despite local initiatives involving people with disabilities in recycling programs.
Waste management in India remains a major environmental challenge, with only 20% of the 65 million tons generated each year being processed, despite local initiatives involving people with disabilities in recycling programs.

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