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EDF will lift the moratorium on hiring after examining its priorities, in particular to meet the industrial and financial challenges involving more hiring. The French nuclear industry is expected to recruit up to 10,000 people per year over the decade, according to estimates.
EDF will lift the moratorium on hiring after examining its priorities, in particular to meet the industrial and financial challenges involving more hiring. The French nuclear industry is expected to recruit up to 10,000 people per year over the decade, according to estimates.
Glencore is trying to convince Teck Resources shareholders to accept its takeover offer, while Teck says the offer is unrealistic and disrupts its plans to spin off coal.
Glencore is trying to convince Teck Resources shareholders to accept its takeover offer, while Teck says the offer is unrealistic and disrupts its plans to spin off coal.
Chevron is looking to lease a drillship to explore for natural gas in the eastern Mediterranean, in the offshore areas of Cyprus, Egypt and Israel. The company already operates in these areas and is looking to accelerate the development of the Aphrodite gas field and nearly double production from the Leviathan field by 2027.
Chevron is looking to lease a drillship to explore for natural gas in the eastern Mediterranean, in the offshore areas of Cyprus, Egypt and Israel. The company already operates in these areas and is looking to accelerate the development of the Aphrodite gas field and nearly double production from the Leviathan field by 2027.
Engie is banking on renewable energies to meet its CO2 emission reduction targets but has not yet set a date for leaving the fossil fuel world.
Engie is banking on renewable energies to meet its CO2 emission reduction targets but has not yet set a date for leaving the fossil fuel world.
Iberdrola is investing more than 40 million euros in Spain's first hybrid wind and solar power plant, strengthening its leadership in renewable energy and helping to boost the economy and employment in Castilla y León.
Iberdrola is investing more than 40 million euros in Spain's first hybrid wind and solar power plant, strengthening its leadership in renewable energy and helping to boost the economy and employment in Castilla y León.
Cabot Corporation is strengthening its commitment to sustainability by acquiring a solar farm in Japan, aligning with its goal of exporting twice as much energy as it imports by 2025 and reducing its net emissions globally by 2050.
Cabot Corporation is strengthening its commitment to sustainability by acquiring a solar farm in Japan, aligning with its goal of exporting twice as much energy as it imports by 2025 and reducing its net emissions globally by 2050.
Continuum Renewables announced its intention to acquire Heliogen, which specializes in concentrated solar power systems, for $0.40 per share in a non-binding proposal. This acquisition would allow Continuum Renewables to expand its renewable energy product line and boost its growth strategy.
Continuum Renewables announced its intention to acquire Heliogen, which specializes in concentrated solar power systems, for $0.40 per share in a non-binding proposal. This acquisition would allow Continuum Renewables to expand its renewable energy product line and boost its growth strategy.
Glencore is attempting an exit from the coal business through an offer to Teck Resources. Glencore offered to combine their operations and simultaneously split them into a metals business called MetalsCo and a coal business called CoalCo, but Teck Resources immediately refused.
Glencore is attempting an exit from the coal business through an offer to Teck Resources. Glencore offered to combine their operations and simultaneously split them into a metals business called MetalsCo and a coal business called CoalCo, but Teck Resources immediately refused.
The AMF is working on defining the criteria for the environmental transition of companies in order to provide a framework for green finance, although the existing European taxonomy has its limits. This is a complex task and the debate on the optimal transition remains open.
The AMF is working on defining the criteria for the environmental transition of companies in order to provide a framework for green finance, although the existing European taxonomy has its limits. This is a complex task and the debate on the optimal transition remains open.
Amprion, Germany's transmission system operator, plans to invest about 22 billion euros over the next five years to cope with the rapid expansion of renewable energy and the transformation of the energy system.
Amprion, Germany's transmission system operator, plans to invest about 22 billion euros over the next five years to cope with the rapid expansion of renewable energy and the transformation of the energy system.
RWE and Northland Power have selected Havfram Wind as the preferred supplier for their Nordseecluster project. Havfram Wind will provide transportation and installation support for Vestas offshore wind turbines, enabling significant economies of scale and cost.
RWE and Northland Power have selected Havfram Wind as the preferred supplier for their Nordseecluster project. Havfram Wind will provide transportation and installation support for Vestas offshore wind turbines, enabling significant economies of scale and cost.
Saudi Arabia's sovereign wealth fund doubles its stake in Saudi Aramco to diversify the kingdom's economy. This new transaction also strengthens the financial position and credit rating of the FIP.
Saudi Arabia's sovereign wealth fund doubles its stake in Saudi Aramco to diversify the kingdom's economy. This new transaction also strengthens the financial position and credit rating of the FIP.
Borealis and Axpo have signed their second Power Purchase Agreement (PPA) in just six months. This eight-year agreement is another step towards Borealis' ambitious goal of using 100% renewable electricity in its European operations by 2030.
Borealis and Axpo have signed their second Power Purchase Agreement (PPA) in just six months. This eight-year agreement is another step towards Borealis' ambitious goal of using 100% renewable electricity in its European operations by 2030.
Naftogaz, the Ukrainian energy giant, has won a victory in a court in The Hague, forcing Russia to pay it $5 billion in compensation for illegally seizing assets during the annexation of Crimea in 2014. Russia still denies the illegal seizure of assets.
Naftogaz, the Ukrainian energy giant, has won a victory in a court in The Hague, forcing Russia to pay it $5 billion in compensation for illegally seizing assets during the annexation of Crimea in 2014. Russia still denies the illegal seizure of assets.
EDF is suspending recruitment for 2023 due to its difficult financial situation after record losses in 2022. A new Associate Director of Human Resources, Caroline Chavanas, has been appointed in anticipation of replacing the current Director, Christophe Carval.
EDF is suspending recruitment for 2023 due to its difficult financial situation after record losses in 2022. A new Associate Director of Human Resources, Caroline Chavanas, has been appointed in anticipation of replacing the current Director, Christophe Carval.
Arctech is providing a 1.5 GW solar tracking solution for the ASB project, contributing to Saudi Arabia's energy transition goal for its "Vision 2030." Since 2016, the Saudi Public Investment Fund has invested in alternative energy to reduce the country's projected emissions in 2030 and lower its contribution to global emissions.
Arctech is providing a 1.5 GW solar tracking solution for the ASB project, contributing to Saudi Arabia's energy transition goal for its "Vision 2030." Since 2016, the Saudi Public Investment Fund has invested in alternative energy to reduce the country's projected emissions in 2030 and lower its contribution to global emissions.
RWE Energy Transition Investments is investing in Ryse Energy to help the company expand its wind and solar technologies. Ryse Energy is a manufacturer of high-performance wind turbines and other renewable energy systems for energy dispatch and decarbonization of critical infrastructure.
RWE Energy Transition Investments is investing in Ryse Energy to help the company expand its wind and solar technologies. Ryse Energy is a manufacturer of high-performance wind turbines and other renewable energy systems for energy dispatch and decarbonization of critical infrastructure.
The ASEAN Wind Energy 2023 Conference and Exhibition will be held on October 30-31 in Ho Chi Minh City, bringing together more than 600 energy experts to discuss the latest trends and business opportunities in the wind energy sector.
The ASEAN Wind Energy 2023 Conference and Exhibition will be held on October 30-31 in Ho Chi Minh City, bringing together more than 600 energy experts to discuss the latest trends and business opportunities in the wind energy sector.
France is launching a bidding round for more than 2 GW of solar projects in order to support the development of the sector and to respect the trajectories set out in the EPP. The Syndicat des énergies renouvelables and ENERPLAN welcome this ambitious and responsive decision.
France is launching a bidding round for more than 2 GW of solar projects in order to support the development of the sector and to respect the trajectories set out in the EPP. The Syndicat des énergies renouvelables and ENERPLAN welcome this ambitious and responsive decision.
Europe needs to boost the production of photovoltaic panels to prevent China from dominating the market. This strategy requires significant investments in silicon production and a purchasing policy that favors European production, to meet the strong growth expected in solar energy on the continent.
Europe needs to boost the production of photovoltaic panels to prevent China from dominating the market. This strategy requires significant investments in silicon production and a purchasing policy that favors European production, to meet the strong growth expected in solar energy on the continent.
Tesla will open a second factory in China to produce Megapack batteries in Shanghai, with an initial capacity of 10,000 batteries per year starting in the second quarter of 2024. This announcement comes after a growth plan presented by Tesla founder Elon Musk, which also includes the construction of a factory in Mexico for vehicle assembly.
Tesla will open a second factory in China to produce Megapack batteries in Shanghai, with an initial capacity of 10,000 batteries per year starting in the second quarter of 2024. This announcement comes after a growth plan presented by Tesla founder Elon Musk, which also includes the construction of a factory in Mexico for vehicle assembly.
The strike at the La Mède biorefinery and at the Marseille-Fos oil terminals has been lifted, allowing fuel shipments to resume, although new movements are possible in the coming days.
The strike at the La Mède biorefinery and at the Marseille-Fos oil terminals has been lifted, allowing fuel shipments to resume, although new movements are possible in the coming days.
An anti-corruption operation in Venezuela has led to the arrest of 51 people, fuelling debate about a possible political purge or anti-corruption crusade. The oil industry, the mainstay of the Venezuelan economy, is particularly targeted by corruption investigations.
An anti-corruption operation in Venezuela has led to the arrest of 51 people, fuelling debate about a possible political purge or anti-corruption crusade. The oil industry, the mainstay of the Venezuelan economy, is particularly targeted by corruption investigations.
India will cut old block gas prices from Saturday, following the approval of recommendations by a committee to ensure fair prices and fight inflation, setting prices based on the Indian crude basket with a ceiling of $6.5/mmBtu and a floor price of $4/mmBtu.
India will cut old block gas prices from Saturday, following the approval of recommendations by a committee to ensure fair prices and fight inflation, setting prices based on the Indian crude basket with a ceiling of $6.5/mmBtu and a floor price of $4/mmBtu.
Tellurian Inc sold 800 acres of land in Louisiana for $1 billion to an undisclosed institutional investor to meet the company's capital needs. The sale comes as the Driftwood liquefied natural gas terminal project has experienced delays and cancellations.
Tellurian Inc sold 800 acres of land in Louisiana for $1 billion to an undisclosed institutional investor to meet the company's capital needs. The sale comes as the Driftwood liquefied natural gas terminal project has experienced delays and cancellations.
Iberdrola accepts a settlement fine of 200,000 euros for a misleading commercial practice in France. The fine follows an investigation by the Hauts-de-Seine Departmental Directorate of Population Protection.
Iberdrola accepts a settlement fine of 200,000 euros for a misleading commercial practice in France. The fine follows an investigation by the Hauts-de-Seine Departmental Directorate of Population Protection.

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