Renewable energy producer Neoen confirms its financial goals for 2025, despite a significant drop in net profit in 2024, mainly due to the high cost of its debt.
Renewable energy producer Neoen confirms its financial goals for 2025, despite a significant drop in net profit in 2024, mainly due to the high cost of its debt.
Vaalco Energy, Inc. has announced the signing of a new $300 million revolving credit facility with The Standard Bank of South Africa Limited, aimed at supporting its growth projects and investments across its African assets.
Vaalco Energy, Inc. has announced the signing of a new $300 million revolving credit facility with The Standard Bank of South Africa Limited, aimed at supporting its growth projects and investments across its African assets.
Donald Trump confirmed his intention to finalise a major pipeline project in Alaska, aiming to supply natural gas to Asian countries such as Japan and South Korea. The project, one of the largest in the world, could strengthen the region's energy supply.
Donald Trump confirmed his intention to finalise a major pipeline project in Alaska, aiming to supply natural gas to Asian countries such as Japan and South Korea. The project, one of the largest in the world, could strengthen the region's energy supply.
Washington has ordered Chevron to cease its operations in Venezuela by April 3, a decision that could have significant implications for the global oil market, according to analysts.
Washington has ordered Chevron to cease its operations in Venezuela by April 3, a decision that could have significant implications for the global oil market, according to analysts.
State-owned companies, such as Saudi Aramco, are responsible for more CO2 emissions than private firms like Shell or ExxonMobil, according to a study by the British think tank InfluenceMap.
State-owned companies, such as Saudi Aramco, are responsible for more CO2 emissions than private firms like Shell or ExxonMobil, according to a study by the British think tank InfluenceMap.
Eos Energy has secured an $8 million contract to supply energy storage systems to the San Diego naval base, aimed at supporting the resilience of Navy operations and strengthening national security.
Eos Energy has secured an $8 million contract to supply energy storage systems to the San Diego naval base, aimed at supporting the resilience of Navy operations and strengthening national security.
Consolidated Edison announces the sale of 6.3 million common shares via Barclays, with proceeds intended to support its capital needs and other business purposes.
Consolidated Edison announces the sale of 6.3 million common shares via Barclays, with proceeds intended to support its capital needs and other business purposes.
France puts its energy roadmap out for final consultation by early April 2025. Adjustments to photovoltaic targets are expected, following feedback from consultations launched at the end of 2024.
France puts its energy roadmap out for final consultation by early April 2025. Adjustments to photovoltaic targets are expected, following feedback from consultations launched at the end of 2024.
Quebec has signed a letter of intent with the Netherlands to strengthen their cooperation on critical and strategic minerals, aiming to diversify markets and attract new investments.
Quebec has signed a letter of intent with the Netherlands to strengthen their cooperation on critical and strategic minerals, aiming to diversify markets and attract new investments.
Russia and Myanmar have signed an agreement for the construction of a small nuclear power plant in Myanmar. The project aims to provide affordable energy for Myanmar’s economy while strengthening bilateral relations.
Russia and Myanmar have signed an agreement for the construction of a small nuclear power plant in Myanmar. The project aims to provide affordable energy for Myanmar’s economy while strengthening bilateral relations.
In 2024, France maintained its position as the leading importer of Russian liquefied natural gas (LNG) in Europe, despite an overall decline in its gas consumption.
In 2024, France maintained its position as the leading importer of Russian liquefied natural gas (LNG) in Europe, despite an overall decline in its gas consumption.
Opec+ has reaffirmed its plan for a gradual increase in oil production starting from April 2025, a decision that has led to a drop in oil prices, particularly Brent. This strategy marks a shift in the cartel’s approach.
Opec+ has reaffirmed its plan for a gradual increase in oil production starting from April 2025, a decision that has led to a drop in oil prices, particularly Brent. This strategy marks a shift in the cartel’s approach.
The Irish government has greenlit the construction of an offshore liquefied natural gas (LNG) terminal, a key infrastructure to ensure the country's energy security in case of supply disruptions.
The Irish government has greenlit the construction of an offshore liquefied natural gas (LNG) terminal, a key infrastructure to ensure the country's energy security in case of supply disruptions.
Metacon AB has signed an extension contract with Motor Oil Hellas to supply a 20 MW electrolyser unit. This project will increase the hydrogen production capacity of the Corinth plant in Greece, with a total amount of €10.6 million.
Metacon AB has signed an extension contract with Motor Oil Hellas to supply a 20 MW electrolyser unit. This project will increase the hydrogen production capacity of the Corinth plant in Greece, with a total amount of €10.6 million.
Gas demand in France decreased by 5.5% in 2024, largely due to the reduction in gas-fired power generation, according to NaTran, the operator of the gas transmission network.
Gas demand in France decreased by 5.5% in 2024, largely due to the reduction in gas-fired power generation, according to NaTran, the operator of the gas transmission network.
Evolution Petroleum has announced the acquisition of non-operated assets across three US states, representing a net production of 440 barrels of oil equivalent per day, for a purchase price of $9 million.
Evolution Petroleum has announced the acquisition of non-operated assets across three US states, representing a net production of 440 barrels of oil equivalent per day, for a purchase price of $9 million.
The US government has announced a 10% tariff on oil imports from Canada and a 25% tariff on those from Mexico, effective from March 4. This decision will directly affect the refining sector in the United States.
The US government has announced a 10% tariff on oil imports from Canada and a 25% tariff on those from Mexico, effective from March 4. This decision will directly affect the refining sector in the United States.
In February 2025, US LNG exports to Europe reached a historic high, with the UK as the top importing country, as demand for natural gas continues to grow in the European market.
In February 2025, US LNG exports to Europe reached a historic high, with the UK as the top importing country, as demand for natural gas continues to grow in the European market.
China has announced new fiscal measures in response to the increase in US customs duties, excluding energy products such as liquefied natural gas (LNG) from these measures.
China has announced new fiscal measures in response to the increase in US customs duties, excluding energy products such as liquefied natural gas (LNG) from these measures.
According to a report by Wood Mackenzie, net energy-related emissions in the North American electricity sector are expected to drop by 20% by 2030, with significant impacts from renewable energy and transportation electrification.
According to a report by Wood Mackenzie, net energy-related emissions in the North American electricity sector are expected to drop by 20% by 2030, with significant impacts from renewable energy and transportation electrification.
Predator Oil continues its work in Guercif, Morocco, with the drilling of the MOU-5 well. The goal is to assess the estimated 6 TCF reserves as part of the national effort to secure gas supply.
Predator Oil continues its work in Guercif, Morocco, with the drilling of the MOU-5 well. The goal is to assess the estimated 6 TCF reserves as part of the national effort to secure gas supply.
VAALCO continues its expansion in West Africa with the acquisition of a 70% stake in the offshore CI-705 block in Côte d'Ivoire and an ambitious plan to double its crude production in Gabon by 2026.
VAALCO continues its expansion in West Africa with the acquisition of a 70% stake in the offshore CI-705 block in Côte d'Ivoire and an ambitious plan to double its crude production in Gabon by 2026.
ChampionX announced that its Aerial Optical Gas Imaging (AOGI) platform has received EPA approval for the alternative methane testing method, enabling operators to better monitor fugitive methane emissions.
ChampionX announced that its Aerial Optical Gas Imaging (AOGI) platform has received EPA approval for the alternative methane testing method, enabling operators to better monitor fugitive methane emissions.
Eco Wave Power shows notable financial progress for 2024, with reduced operating expenses and a strengthened cash position. The company continues its international expansion with key projects in Israel, the United States, Portugal, and Asia.
Eco Wave Power shows notable financial progress for 2024, with reduced operating expenses and a strengthened cash position. The company continues its international expansion with key projects in Israel, the United States, Portugal, and Asia.
Israeli nuclear fusion pioneer nT-Tao receives $5 million in funding from the Israel Innovation Authority to accelerate the development of its compact fusion demonstrator. This marks the fourth consecutive time the company has received such support.
Israeli nuclear fusion pioneer nT-Tao receives $5 million in funding from the Israel Innovation Authority to accelerate the development of its compact fusion demonstrator. This marks the fourth consecutive time the company has received such support.
Industrial group ABB announces a $120 million investment in two new US factories aimed at boosting production capacity to meet the strong demand from data centres.
Industrial group ABB announces a $120 million investment in two new US factories aimed at boosting production capacity to meet the strong demand from data centres.
