Lucie Godallier

Repsol has approved the final investment decision for the Ecoplanta project in Spain. This innovative project, utilizing Enerkem's technology, aims to convert non-recyclable municipal waste into methanol, marking a step towards industrial decarbonization.
The French government unveils its strategy to increase offshore wind capacity, targeting 18 GW by 2035 and 45 GW by 2050, through an ambitious call for tenders covering all maritime fronts.

Economics of Shale Projects: Rising Costs of Oil Production

The continued increase in development costs of upstream oil projects is testing the economic viability of new oil production. A recent study by Rystad Energy reveals an increase in breakeven costs, while still remaining below current oil prices.
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Avjet Holding Inc. was fined 200,000 dollars by the Quebec Court for violating the Canadian Environmental Protection Act following a spill of 4,900 liters of petroleum product in January 2023.
TotalEnergies, in partnership with APA Corporation, has confirmed a USD 10.5 billion investment to develop Block 58 off the coast of Suriname. The project aims to exploit the oil resources from the Sapakara and Krabdagu fields, with reserves estimated at over 750 million barrels. The fields, located 150 kilometers offshore, will be developed using a Floating Production Storage and Offloading (FPSO) unit capable of processing up to 220,000 barrels per day.

OPEC cuts demand forecasts in the face of rising rival production

OPEC is revising its oil demand forecasts for 2024 and 2025 downwards, due to weak economic growth and increased supply from its competitors.
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In Uganda, 21 activists were arrested in Kampala for protesting against the EACOP oil project, backed by international players, highlighting the economic and geopolitical tensions surrounding this initiative.

Georgia launches its first refinery to secure its energy supply

Georgia begins construction of its first oil refinery at Kulevi, with the aim of reducing its dependence on Russian imports and strengthening its energy autonomy.
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Masdar and TotalEnergies are collaborating to transform green hydrogen into methanol and sustainable aviation fuel (SAF) in Abu Dhabi, aiming to decarbonize the aviation and shipping sectors.
Zambia will import 200 MW of electricity from South Africa and Zimbabwe to compensate for severe power cuts caused by prolonged drought.

EDF inaugurates CEME 1, Chile’s largest solar power plant

EDF and Generadora Metropolitana launch CEME 1, a 480 MW solar power plant in the Atacama desert, to supply 500,000 homes.
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South Sudan is facing a severe economic crisis following the rupture of a pipeline crucial to its oil exports. This situation accentuates inflation and plunges the population into growing insecurity.
European Energy obtains approval for 500 MW of wind and solar projects in Romania, taking a key step towards their realization.

United Kingdom: British General Election 2024

The 2024 UK general election pits the Labour Party and Conservative Party against each other with distinct energy visions focused on renewables and decarbonization strategies.
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By 2023, marine renewable energies, dominated by offshore wind power, had generated over 8,300 jobs and doubled their sales, with strong growth in exports.
Ecuador is facing an almost 11% increase in the price of gasoline, a decision likely to provoke further protests in a country where fuel subsidies are a highly sensitive issue.

Russia Exceeds OPEC+ Oil Production Quotas in May

In May, Russia exceeded OPEC+ production quotas, but is committed to meeting its obligations by September 2025.
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French start-up Hopium, which promised the first hydrogen-powered sedan, has announced that it has been placed in receivership, leading to a 40% fall in its share price, but claims to have found the funding to continue its activities and develop its fuel cell technology.
Raven SR takes a crucial step towards renewable hydrogen production by obtaining a permit for its bioenergy project in Richmond, California. This approval marks a significant step forward in the conversion of organic waste into clean fuels and contributes to the reduction of CO2 emissions.
AEP commissions the 287 MW Maverick wind farm, the 2nd wind farm of the 1485 MW North Central Wind Energy project in Oklahoma.|AEP commissions the 287 MW Maverick wind farm, the 2nd wind farm of the 1485 MW North Central Wind Energy project in Oklahoma.

Axpo concludes Europe’s largest wind power PPA

Axpo announces the signing of a long-term power purchase agreement with CEZ's Fântânele-Cogealac-Gradina wind farm.|Axpo announces the signing of a long-term power purchase agreement with CEZ's Fântânele-Cogealac-Gradina wind farm.
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Acteon supports Siemens Gamesa with cable trenching for the Coastal Virginia Offshore Wind project near the Virginia coast.|Acteon supports Siemens Gamesa with cable trenching for the Coastal Virginia Offshore Wind project near the Virginia coast.
Amanda Levete presents the design of the UK's 1st inertial fusion power plant at the UK Atomic energy authority campus in Culham.|Amanda Levete presents the design of the UK's 1st inertial fusion power plant at the UK Atomic energy authority campus in Culham.

Avangrid builds 800MW of Offshore Wind in the USA

Avangrid develops the first large-scale offshore wind project built by unionized workers in the United States.|Avangrid develops the first large-scale offshore wind project built by unionized workers in the United States.
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Aker Solutions supplies an HVDC transmission system for an offshore wind project. The customer has not been disclosed yet.|Aker Solutions supplies an HVDC transmission system for an offshore wind project. The customer has not been disclosed yet.
Avangrid launches its new Park City Wind offshore wind project in Connecticut and plans to create 2800 jobs.|Avangrid launches its new Park City Wind offshore wind project in Connecticut and plans to create 2800 jobs.

Atlantic Shores prepares 1.5GW of wind power in New Jersey

Atlantic Shores, a new joint venture between EDF Renewables and Shell New Energies, will boost new energies in New Jersey.|Atlantic Shores, a new joint venture between EDF Renewables and Shell New Energies, will boost new energies in New Jersey.
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A call for tenders is launched in Albania to encourage the development of large-scale onshore wind power plants.|A call for tenders is launched in Albania to encourage the development of large-scale onshore wind power plants.
Central Asia's largest wind farm, the Zhanatas project in Kazakhstan, completed with a capacity of 100 MW, is the result of Sino-Kazakh cooperation and addresses the north-south energy imbalance while supporting the country's transition to renewable energies.

Avanti Energy accelerates Helium Exploration

Avanti Energy completes acquisition of approximately 20,000 hectares of land in Montana. The reason: potential helium wealth.|Avanti Energy completes acquisition of approximately 20,000 hectares of land in Montana. The reason: potential helium wealth.
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Arise announces the sale of the Ranasjö and Salsjöhöjden wind farms in Sweden to TRIG and InfraRed, investment companies.|Arise announces the sale of the Ranasjö and Salsjöhöjden wind farms in Sweden to TRIG and InfraRed, investment companies.
Acciona starts construction of the Celada Fusión wind farm in Palencia, Spain. Planned output: 48 MW. The project will require an initial investment of over 45 million euros and will be commissioned in the first quarter of 2022.|Acciona starts construction of the Celada Fusión wind farm in Palencia, Spain. Planned output: 48 MW. The project will require an initial investment of over 45 million euros and will be commissioned in the first quarter of 2022.

Ameresco inaugurates Europe’s 1st wind farm

Ameresco inaugurates its 9.2 MW wind power project in Greece. The project was awarded under a contract with Ameresco's Greek subsidiary PPC Renewables. With its 1st wind farm in Europe, Ameresco reinforces its position as an international leader in renewable energies.|Ameresco inaugurates its 9.2 MW wind project in Greece. The project was awarded under a contract with Ameresco's Greek subsidiary PPC Renewables. By building its 1st wind farm in Europe, Ameresco strengthens its position as an international leader in renewable energies.
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Allete Clean Energy announces a new stage in its growth with the purchase of several wind power assets in Wisconsin, USA. The company acquires 160 MW of wind power and strengthens its portfolio of over 1.7 GW of renewable assets.|Allete Clean Energy announces a new step in its growth by purchasing several wind power assets in Wisconsin, USA. The company has acquired 160 MW of wind power and strengthened its portfolio of over 1.7 GW of renewable assets.