Amazon unveils new visuals of its upcoming nuclear site, marking a key step in its partnership with X-energy to deploy up to 960 MW of modular nuclear capacity in Washington state.
Talks on the Net-Zero Framework, which seeks to regulate greenhouse gas pricing on marine fuels, have been postponed until 2026 following a majority vote initiated by Saudi Arabia.

Petronas offers five LNG spot cargoes for late 2025 delivery

The Malaysian group launched three tenders to sell up to five liquefied natural gas cargoes in November and December, sourced from its Bintulu and PFLNG Dua facilities.
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Nigerian group Dangote has reduced crude supply to its refinery, citing a strategic adjustment to high oil prices and denying any technical failure.
The South African government ends a thirteen-year freeze on shale gas, paving the way for renewed exploration in the Karoo Basin amid a national energy crisis.

ReNew receives revised $8.15 per share bid led by Masdar and ADIA

A consortium led by Masdar and CPP Investments proposes to acquire all of ReNew at $8.15 per share, representing a 15.3% increase over the initial offer.
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Sun Trinity has commissioned a 3.1 MW solar carport in Nara, bringing its on-site PPA capacity with Aeon Mall to 10.1 MW under a nationwide rollout plan across twelve commercial sites.
Platts' physical pricing platform records its second-highest LNG trading volume, with nearly 1.5 million tonnes exchanged despite regional demand slowdown.

NexGen raises A$1bn to finance its Rook I uranium project in Canada

Canadian uranium producer NexGen Energy has completed a A$1bn ($639mn) equity raise split between North American and Australian markets to support the development of its Rook I project.
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In Kuala Lumpur, Huawei Digital Power unveiled its grid-forming technologies, positioned as a strategic lever to strengthen power interconnections and accelerate energy market development across ASEAN.
Reliance Industries reported a 9.67% increase in net profit in the second quarter of fiscal year 2025–2026, driven by recovering petrochemical margins and continued growth in its retail and telecom operations.

Enspired partners with Banpu to enter Japanese battery storage market

Austrian battery optimisation specialist enspired enters Japan in partnership with Banpu NEXT, backed by a Series B extension to over €40mn.
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Tokyo Electric Power Company Holdings is examining the permanent closure of units 1 and 2 at the Kashiwazaki-Kariwa nuclear power plant, the oldest at the site, while continuing efforts to restart unit 6.
Vermont’s energy regulator authorises final review of a 2.2 MW project led by Clean Energy Technologies to convert agricultural waste into renewable electricity.

Standard Lithium lève $130mn pour accélérer ses projets aux États-Unis

Standard Lithium a sécurisé $130mn via une émission d’actions ordinaires pour financer ses projets d’extraction de lithium en Arkansas et au Texas, consolidant sa position sur le marché nord-américain des métaux stratégiques.
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Ameresco has completed a 50 MW battery storage system to support Nucor’s expansion in Arizona, marking one of the largest behind-the-meter industrial projects in the United States.
Manila plans to expand gas and renewable energy production to meet a 6.6% increase in electricity demand over the next two years.

Fire temporarily halts operations at BP’s 440,000 bpd Whiting refinery

An operational fire was contained at the largest refinery in the US Midwest, causing a temporary shutdown of several processing units, according to industry data.
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AEP Transmission will finance the upgrade of high-voltage lines across five states through a federal loan, aiming to meet a sharp rise in industrial electricity demand.
A joint programme funded with CHF15.12mn ($19mn) aims to boost energy efficiency and renewables in Alpine regions by 2029.
The Canadian oilfield services provider announced a $75mn private placement of 6.875% senior unsecured notes to refinance bank debt and support operations.
Enedis will progressively reorganise off-peak hour time slots from 1 November, impacting 14.5 million customers by 2027, under new rules set by the Energy Regulatory Commission.

US crude oil inventories rise by 3.5 million barrels against expectations

Commercial crude reserves in the United States posted an unexpected increase, reaching their highest level in over a month due to a marked slowdown in refinery activity.
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Rising terminal capacity and sustained global demand, notably from China and Europe, are driving U.S. ethane exports despite new regulatory uncertainties.
The rise of data centres, electrification, Asian industrialisation and military spending are reshaping global copper market dynamics, while insufficient mining investment could increase price volatility.

Equitix named preferred bidder for Scottish offshore transmission project

British operator Equitix has been selected to take over transmission assets of the Neart na Gaoithe offshore wind farm, a £450mn ($547mn) project awarded under Ofgem’s tenth tender round.
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Energiequelle GmbH has launched replacement work for old turbines at its Minden-Hahlen site, aiming for long-term structural maintenance with the installation of three new 200-metre machines.
Danish fund Copenhagen Infrastructure IV transfers half of its stake in the UK-based Coalburn 2 project to AIP Management, strengthening AIP's energy storage portfolio in the United Kingdom.

Exolum invests £4.5mn in UK’s first independent SAF blending site

Energy logistics firm Exolum launches the UK’s first independent sustainable aviation fuel blending site, supporting a nationwide network expected to supply up to 65,000 flights per year.
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Lyten has completed the acquisition of the Northvolt Dwa site in Poland, Europe’s largest energy storage system factory, and plans to deliver its first commercial units before the end of 2025.
Beijing calls Donald Trump's request to stop importing Russian crude interference, denouncing economic coercion and defending what it calls legitimate trade with Moscow.

Washington urges Japan to cut energy ties with Russia

The United States has called on Japan to stop importing Russian gas, amid rising tensions over conflicting economic interests between allies in response to the indirect financing of the war in Ukraine.
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India faces mounting pressure from the United States over its purchases of Russian oil, as Donald Trump claims Prime Minister Narendra Modi pledged to halt them.
ABB recorded double-digit growth in sales of equipment for data centres, contributing to a 28% increase in net profit in the third quarter, surpassing market expectations.

Santos cuts 2025 production forecast again due to technical issue

Australian group Santos lowers its annual production forecast after an unplanned shutdown at the Barossa project and delayed recovery in the Cooper Basin.
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SNG Holdings launched trial operations of a 2MW/6MWh energy storage facility in Gotemba, backed by Digital Grid and PHOTON, ahead of commercial commissioning scheduled for November.
Norwegian firm Scatec expands its presence in West Africa with two solar projects totalling 64 MW and a 10 MWh storage system, under lease agreements signed in Liberia and Sierra Leone.

GE Vernova to supply 42 turbines for a 252 MW wind farm in Romania

GE Vernova will equip the Ialomiţa wind farm with 42 turbines of 6.1 MW, strengthening its presence in the European onshore wind sector with a 252 MW project in partnership with Greenvolt.
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The Tokyo Bureau of Transportation is seeking a new electricity retailer for the output of its three hydropower plants, with a portion resold to power the city’s transport infrastructure.
The New South Wales Government has approved Ark Energy’s hybrid solar and battery project in Richmond Valley, combining a solar power plant and long-duration storage.

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