Thierry Rossignol

The lifting of force majeure on the Rovuma LNG project puts Mozambique back on the global liquefied natural gas map, with a targeted capacity of 18 Mt/year and a narrowing strategic window to secure financing.
The government of Mozambique is consolidating its gas transport and regasification assets under a public vehicle, anchoring the strategic Beira–Rompco corridor to support Rovuma projects and respond to South Africa’s gas dependency.

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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BW Energy has identified liquid hydrocarbons at the Kudu gas field in Namibia, altering the nature of the project initially designed for electricity production from dry gas.
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.
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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.
The Spanish group continues its asset rotation strategy by transferring its French onshore wind and solar portfolio to Technique Solaire, reinforcing its focus on offshore and regulated networks.

STMicroelectronics signs 15-year solar power deal with TSE in France

STMicroelectronics has signed a 15-year agreement with solar producer TSE to supply 780 GWh of electricity to its French sites starting in 2027.
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The British system operator NESO initiates a consultation process to define the methodology of eleven upcoming regional strategic plans aimed at coordinating energy needs across England, Scotland and Wales.
Rising oil production in 2024 boosted associated natural gas to 18.5 billion cubic feet per day, driven by increased activity in the Permian region.

Washington authorises flows to Paks II and inserts US interests into Hungary’s nuclear sector

OFAC’s licence for Paks II circumvents sanctions on Rosatom in exchange for US technological involvement, reshaping the balance of interests between Moscow, Budapest and Washington.
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London deploys a regulatory framework to secure critical mineral supplies by 2035, limiting dependence on single-country sourcing while developing a domestic lithium and tungsten industry.
Finland, Estonia, Hungary and Czechia are multiplying bilateral initiatives in Africa to capture strategic energy and mining projects under the European Global Gateway programme.

Over 15,000 tonnes of recycled concrete from Sizewell A reinjected into Sizewell C

A significant volume of concrete from the dismantling of the Sizewell A nuclear power plant is being transferred to support the foundations of the Sizewell C project, under a partnership between UK nuclear sector stakeholders.
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The Belém summit ends with a technical compromise prioritising forest investment and adaptation, while avoiding fossil fuel discussions and opening a climate–trade dialogue likely to trigger new regulatory disputes.
The Asian Development Bank and the Kyrgyz Republic have signed a financing agreement to strengthen energy infrastructure, climate resilience and regional connectivity, with over $700mn committed through 2027.

Pacific Green secures permit for 1GW battery park in Portland

Pacific Green has received approval from the Victorian government for its second energy storage park in Australia, a 1GW project to be developed over 36 months in Portland’s industrial zone.
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TagEnergy launches a 150 MW storage project at the Golden Plains wind farm site, strengthening its investment strategy in Australia's energy infrastructure.
The rise of residential solar in Pakistan could push some industrial regions into net-negative grid demand as early as next year, prompting a revision of tariffs and liquefied natural gas import contracts.
SBM Offshore reports year-to-date Directional revenue of $3.6bn, driven by Turnkey performance and the addition of three new FPSOs to its global fleet.
The European Commission is developing a scheme mandating a minimum share of EU-made low-carbon steel in public procurement, alongside a post-safeguard trade regime and targeted energy support to sustain the continental steel industry.

Sunsure Energy signs 19.36 MW hybrid solar-wind agreement with Deepak Fertilisers

Sunsure Energy will supply Deepak Fertilisers with 19.36 MW of hybrid solar and wind power, delivering 55 mn units of electricity annually to its industrial facility in Raigad, Maharashtra.
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IonQ will deploy a quantum computer and entanglement distribution network at the University of Chicago, strengthening its technological presence within the Chicago Quantum Exchange and accelerating its product roadmap.
Texas-based energy solutions provider VoltaGrid secures record mixed financing to expand its decentralised power generation portfolio, primarily targeting hyperscale data centres.

IMCC and Maridive launch One Marine to capture offshore services demand

Kuwait's IMCC and Egypt's Maridive have formalised a joint venture based in Abu Dhabi to expand integrated offshore marine operations regionally and internationally.
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In New York, Chevron outlines its long-term vision following the Hess integration, focusing on financial stability, spending reduction, and record production to consolidate investor confidence.
Facing surging computing needs, US tech leaders are hitting an energy wall that slows down data centre construction and revives demand for gas and coal.

NextNRG posts 196% revenue growth in October

NextNRG's monthly revenue reached $7.39mn in October, more than doubling year-over-year, driven by the expansion of its technology platforms and energy services across the United States.
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The Canadian group posted record Q3 EBITDA, sanctioned $3bn worth of projects, and confirmed its full-year financial outlook despite a drop in net income.
OMS Energy is accelerating investments in artificial intelligence and robotics to position itself in the growing pipeline inspection and maintenance sector, a strategic segment with higher margins than traditional equipment manufacturing.

Duke Energy expected to post Q3 growth driven by demand and revised rates

Duke Energy is set to release its third-quarter results on November 7, with earnings forecasts pointing upward, supported by strong electricity demand, new rate structures and infrastructure investments.
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Engie maintains its 2025 earnings guidance despite falling energy prices and weaker hydro output, relying on its performance plan and a stronger expected fourth quarter.
The funding round led by Trident Ridge and Pelion Ventures will allow Creekstone Energy to launch construction of its hybrid-generation site designed for AI-optimised data centres.

Air Products posts $394mn net loss in 2025 and streamlines energy project portfolio

The US group reported a $877mn operating loss for fiscal year 2025, impacted by $3.7bn in charges related to project exits and restructuring.
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SLB has unveiled Tela, an agentic artificial intelligence technology designed to automate upstream processes and enhance operational efficiency at scale.
Gibson Energy reported record volumes in Canada and the United States, supported by the commissioning of key infrastructure and a cost reduction strategy.

TGS signs three-year strategic agreement with Chevron for offshore seismic acquisition

Norwegian provider TGS will mobilise its marine seismic resources for at least 18 months for Chevron under a three-year capacity agreement covering exploration and development projects.
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Eversource Energy rebounded in the third quarter with a net profit of $367.5mn, driven by revenue increases in electric distribution and a sharp reduction in offshore wind-related losses.
Ameresco posted a 5% increase in quarterly revenue, supported by stronger project execution and sustained demand for energy infrastructure solutions.