Zimplats starts phase 2A of its solar project in Zimbabwe, with a $54 million investment to add 45 MW to its capacity, bringing its total to 80 MW to power its mining sites.
The SANAD drilling joint venture will resume operations with two suspended rigs, expected to restart in March and June 2026, with contract extensions equal to the suspension period.
Oman LNG has renewed its long-term services agreement with Baker Hughes, including the creation of a local digital center dedicated to monitoring natural gas liquefaction production equipment.
Foulath Holding partners with Yellow Door Energy to develop a 123 MWc industrial solar power project in Bahrain, setting a global record in size and capacity for a single site.
Dragon Oil, a subsidiary of Emirates National Oil Company, partners with PETRONAS to enhance technical and commercial cooperation in oil and gas exploration and production.
The joint venture combines 19 assets (14 in Indonesia, 5 in Malaysia), aims for 300 kboe/d initially and >500 kboe/d, and focuses investments on gas to supply Bontang and the Malaysia LNG complex in Bintulu.
QatarEnergy has awarded Samsung C&T Corporation an EPC contract for a 4.1 MTPA carbon capture project, supporting its expansion into low-carbon energy at Ras Laffan.
GCL Energy Technology strengthens its presence in Southeast Asia by partnering with PLN Indonesia Power to develop two 100 MW solar plants, both ground-mounted and floating, as part of the government’s Hijaunesia program.
J-POWER announces the retirement of its 500MW coal-fired Takasago Thermal Power Station in Hyogo Prefecture by FY2028, marking a key shift in its energy investment strategy.
The Chinese wind turbine manufacturer and Saudi operator sign a seven-year framework agreement to deploy local production lines and enhance technological cooperation in several strategic markets.
Canadian Natural Resources has finalized a strategic asset swap with Shell, gaining 100% ownership of the Albian mines and enhancing its capabilities in oil sands without any cash payment.
Iberdrola has finalized the acquisition of 30.29% of Neoenergia for 1.88 billion euros, strengthening its strategic position in the Brazilian energy market.
NextStar Energy begins lithium-ion battery production for energy storage systems (ESS) in its Windsor plant this month, expanding its operations beyond electric vehicle batteries.
Canadian producer Imperial posted net income of CAD539mn in the third quarter, down year-on-year, impacted by exceptional charges despite record production and higher cash flows.
The gradual ban on Russian cargoes reshapes European flows, increases winter detours via the Northern Sea Route and shifts risk toward force majeure and “change of law,” despite rising global capacity.
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Schneider Electric Canada aims to bring its Danish e-methanol plant model to the Canadian market, leveraging advanced automation to support new partnerships with heavy industry sectors.
Poland’s gas market remains highly concentrated around Orlen, which controls imports, production, and distribution, while Warsaw targets internal and regional expansion backed by new infrastructure capacity and demand from heat and power.
Tenergie renovated the roof of an industrial hangar at a limestone quarry in Bouches-du-Rhône and installed a 270 kWc solar plant under a 25-year lease agreement with no upfront cost for the company.
Ormat Technologies acquires the Blue Mountain geothermal power plant in Nevada from Cyrq Energy, enhancing its energy generation capacity to 1,268 MW, with potential expansion through technical upgrades planned in the short term.
Unit 2 of the Lumut Balai geothermal plant, with a capacity of 55 MW, has successfully synchronized to the Indonesian national grid, paving the way for full commercial operation scheduled by the end of June 2025.
A new report states that the US state could reach 163 GW of geothermal capacity through a set of public measures and expertise drawn from its oil sector.
Eavor Technologies secures an additional CA$138mn from the Canada Growth Fund for its geothermal project in Germany, reinforcing its operational base in Canada.
Project InnerSpace and Indonesia's IESR join forces to accelerate national geothermal development, estimated at 3,000 GW, with a strategic report expected in the autumn.
Advances in enhanced and closed-loop geothermal systems are drawing growing interest from governments and tech giants, despite critical cost reductions still needed for competitiveness.
Enertech Global will supply heat pumps for a 1,500-home project in partnership with Dandelion Energy, marking one of the largest residential geothermal deployments ever undertaken in the United States.
Google signs a power purchase agreement with Baseload Capital to develop 10 MW of geothermal energy in Taiwan, doubling the country’s current commercial geothermal capacity.
Zero Industrial secures a $10 mn Series A funding round led by Evok Innovations to develop thermal storage projects for industrial sites in North America.
Syntholene Energy Corp has secured a 20-megawatt geothermal resource to support the world's first geothermal-powered synthetic sustainable aviation fuel (eSAF) production facility.
Thomassen Amcot Holdings LLC has completed the acquisition of a 160 MW steam turbine generator from TC Energy. The equipment, currently stored in Canada, could be redeployed to the United States to meet the energy needs of certain markets.
The cities of Melun and Vaux-le-Pénil are launching the expansion of their heating network with the drilling of a new geothermal well planned for 2026. This project aims to strengthen local energy supply by increasing the capacity of the existing network.
Google Cloud, SLB, and Project Innerspace announce a collaboration to stimulate the global adoption of geothermal energy by combining advanced data and technical expertise in identifying geothermal resources.
Energy Secretary Chris Wright highlighted the importance of advanced geothermal energy in ensuring the United States' energy abundance at the Geothermal House DC MAGMA event in Washington.
EDF Saudi Arabia and TAQA Geothermal Energy Company have signed a memorandum of understanding to develop geothermal energy in the Kingdom. This initiative aims at electricity production and HVAC applications, aligning with Saudi Arabia’s Vision 2030.
Safran has announced a partnership with Dalkia and Arverne Group to install a geothermal power plant at its Villaroche site. This infrastructure is expected to cover 84% of the factory’s heating needs, thereby reducing its natural gas consumption.
DEEP Earth Energy Production Corp. and SLB partner to develop an innovative geothermal project in Saskatchewan, aiming to produce 30 MW of emission-free energy.
Bihor County in Romania accelerates geothermal energy integration into its energy economy. With over €45 million invested, mostly funded by the European Union, the region highlights the growing profitability of this resource.
By redefining energy priorities, the Trump administration offers unexpected support to geothermal energy, the only renewable aligned with the economic interests of fossil fuel industries and its promising growth prospects.
Daldrup & Söhne AG, a specialist in drilling technology and geothermal energy, has won two research drilling contracts in Germany, totaling 3 million euros, for projects in Krefeld and Grasellenbach.
