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Julie Wasolua

  • Populaires sur energynews.pro
Octopus Energy mobilises $450mn for energy projects in sub-Saharan Africa
ExxonMobil freezes Baytown, major blow to US blue hydrogen sector
South Korea under pressure from the IEA to liberalise its electricity market
Iberdrola launches a public offer to acquire 100% of Neoenergia in Brazil
Grenergy multiplies its net profit by seven and surpasses €700mn in CAPEX

Ferrari signs ten-year contract with Shell for green electricity supply

Ferrari has entered into an agreement with Shell for the supply of 650 GWh of renewable electricity until 2034, covering nearly half of the energy needs of its Maranello site.

Iberdrola reshapes its portfolio to become a leader in transatlantic regulated networks

By divesting assets in Mexico, France and Eastern Europe, Iberdrola reduces exposure to non-strategic markets to strengthen its positions in regulated networks in the United Kingdom, the United States and Brazil, following a targeted capital reallocation strategy.

Paratus receives $38mn payment in Mexico through government fund

Paratus Energy Services collected $38mn via its subsidiary Fontis Energy for overdue invoices in Mexico, supported by a public fund aimed at stabilising supplier payments.
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CrossBoundary Energy raises $200mn with Standard Bank and MIGA guarantee for industrial projects in Africa

CrossBoundary Energy secures a $200mn multi-project debt facility, backed by Standard Bank and a $495mn MIGA guarantee, to supply solar and storage solutions for industrial and mining clients across up to 20 African countries.

Cameroon: Glencore records a 31% drop in oil volumes

Glencore's attributable production in Cameroon dropped by 31% over nine months, adding pressure on public revenues as Yaoundé revises its oil and budget forecasts amid field maturity and targeted investment shifts.

Mercuria raises $2.3bn to strengthen its energy presence in Asia

Mercuria finalises an Asian syndicated loan refinancing with a 35% increase from 2024, consolidating its strategic position in the region.
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Contrarian strategies outperform hedge fund tracking on Brent market

The profitability of speculative positioning strategies on Brent is declining, while contrarian approaches targeting extreme sentiment levels are proving more effective, marking a significant regime shift in oil trading.

Major US companies increase their presence at COP30 despite Washington

Sixty Fortune 100 companies are attending COP30, illustrating a growing disconnect between federal US policy and corporate strategies facing international climate regulations.

Tanmiah launches geothermal poultry site and signs three strategic energy agreements

Tanmiah Food Company signed three memorandums of understanding to reduce its emissions and launched the region’s first poultry facility cooled by geothermal energy, in alignment with Saudi Arabia’s industrial ambitions.
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Subsea7 reports 27% increase in adjusted EBITDA in third quarter

Subsea7 posted higher operating profit and a record order backlog, supported by long-term contracts in the Subsea and Renewables segments.

Adnoc strengthens ties with China through new energy deals in Shanghai

Adnoc signed multiple agreements with Chinese groups during CIIE, expanding commercial exchange and industrial cooperation with Beijing in oil, gas and petrochemical materials.

Cenovus raises $2.6bn in bonds and announces debt buyback

Cenovus Energy completed a $2.6bn cross-border bond issuance and plans to repurchase over $1.7bn in maturing notes as part of active debt management.
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ConocoPhillips, Repsol and Santos revive Alaskan oil with Nuna and Pikka

Alaska is set to record its highest oil production increase in 40 years, driven by two key projects that extend the operational life of the TAPS pipeline and reinforce the United States' strategic presence in the Arctic.

TotalEnergies strengthens position in Nigeria with 90% stake in OPL257

TotalEnergies increases its stake to 90% in Nigeria’s offshore block OPL257 following an asset exchange deal with Conoil Producing Limited.

Siemens Energy invests €2bn in transformer plants to secure growth

The German group is concentrating its industrial investments on Grid Technologies to expand capacity in a strained market, while maintaining an ambitious shareholder return programme.
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Enerfip acquires Lumo and exceeds 50% market share in France

Enerfip completes its first external growth operation by acquiring Lumo from Société Générale, consolidating its position in France’s energy-focused crowdfunding market.

TotalEnergies and Chevron compete for 40% stake in Mopane oil field in Namibia

TotalEnergies and Chevron are seeking to acquire a 40% stake in the Mopane oil field in Namibia, owned by Galp, as part of a strategy to secure new resources in a high-potential offshore basin.

Schneider Electric signs $1.9bn deal to cool AI data centres

French group Schneider Electric will supply Switch with cooling and power systems for a major project in the United States, as energy demand driven by artificial intelligence intensifies.
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Rosneft sells 11% of KPC to ease sanctions pressure

The reduction of Rosneft’s stake in Kurdistan Pipeline Company shifts control of the main Kurdish oil pipeline and recalibrates the balance between US sanctions, export financing and regional crude governance.

Lukoil puts pressure on Sofia to finalise refinery divestment

Russian group Lukoil seeks to sell its assets in Bulgaria after the state placed its refinery under special administration, amid heightened US sanctions against the Russian oil industry.
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