Algeria

Trump authorises CIA covert operations targeting Venezuela

Washington confirms it has mandated the CIA to carry out secret actions against Nicolas Maduro’s government, escalating tensions between the United States and Venezuela amid geostrategic and energy stakes.

Brussels seeks to ban Russian gas and oil by 2027 in major diplomatic move

Two European Parliament committees propose to advance the full halt of Russian hydrocarbon imports to 2026 and 2027, including oil, gas, and LNG, strengthening the European Union’s geopolitical position.

US crude oil inventories rise by 3.5 million barrels against expectations

Commercial crude reserves in the United States posted an unexpected increase, reaching their highest level in over a month due to a marked slowdown in refinery activity.
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U.S. ethane exports to rise 30% by 2026

Rising terminal capacity and sustained global demand, notably from China and Europe, are driving U.S. ethane exports despite new regulatory uncertainties.

Global copper demand projected to grow 24% by 2035

The rise of data centres, electrification, Asian industrialisation and military spending are reshaping global copper market dynamics, while insufficient mining investment could increase price volatility.

Lyten restarts BESS production in Gdańsk after acquiring Northvolt facility

Lyten has completed the acquisition of the Northvolt Dwa site in Poland, Europe’s largest energy storage system factory, and plans to deliver its first commercial units before the end of 2025.
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China rejects US pressure over Russian oil imports

Beijing calls Donald Trump's request to stop importing Russian crude interference, denouncing economic coercion and defending what it calls legitimate trade with Moscow.

Washington urges Japan to cut energy ties with Russia

The United States has called on Japan to stop importing Russian gas, amid rising tensions over conflicting economic interests between allies in response to the indirect financing of the war in Ukraine.

Trump reignites tensions over India’s imports of Russian oil

India faces mounting pressure from the United States over its purchases of Russian oil, as Donald Trump claims Prime Minister Narendra Modi pledged to halt them.
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ABB boosted by data centre demand and beats forecasts

ABB recorded double-digit growth in sales of equipment for data centres, contributing to a 28% increase in net profit in the third quarter, surpassing market expectations.

Europe spent an extra €930bn on fossil energy between 2021 and 2024

A report highlights the financial burden of fossil imports during the energy crisis and points to electrification as key to European energy security.

Fluence to supply 640 MWh of storage to Torch Clean Energy in Arizona

The Winchester project will combine 160 MW of storage with two 80 MW solar plants in Cochise County, with delivery expected in early 2027.
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Quinbrook takes majority stake in Elemental Clean Fuels in Canada

Asset manager Quinbrook expands its North American portfolio with a first Canadian investment by acquiring a strategic stake in developer Elemental Clean Fuels.

Green Plains deploys carbon capture system at its York facility

Green Plains has commissioned a carbon capture system in York, Nebraska, marking the first step in an industrial programme integrating CO₂ geological storage across multiple sites.

VoltaGrid to supply 2,300 MW to Oracle for next-gen AI data centres

VoltaGrid partners with Oracle to deploy modular gas-powered infrastructure designed to stabilise energy use in artificial intelligence data centres while creating hundreds of jobs in Texas.
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enCore discovers three new uranium roll fronts in Texas

enCore Energy has identified three new uranium roll fronts at its Alta Mesa project, with ongoing drilling aimed at defining their extent and accelerating development work.

Nextracker and T1 Energy partner to produce US-made steel solar frames

Nextracker will supply steel frames for solar modules to T1 Energy in a multi-year deal worth over $75mn, aiming to strengthen the local solar supply chain and reduce dependence on imported aluminium.

Three Crown expands horizontal drilling programme in the Powder River Basin

Three Crown Petroleum has started production from its Irvine 1NH well and plans two new wells in Wyoming, marking a notable acceleration of its deployment programme in the Powder River Basin through 2026.
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Geronimo Power begins construction of 150 MW Bee Hollow solar park in Illinois

Geronimo Power has started construction on the Bee Hollow solar park in St. Clair County, a 150 MW project expected to generate $54mn in direct economic impact for the region.

IMF forecasts oil to fall to $68 in 2025 amid tariff-driven slowdown

The International Monetary Fund expects oil prices to weaken due to sluggish global demand growth and the impact of US trade policies.

United States: Senate confirms two nominees, shifting FERC to Republican majority

The US Senate has confirmed two new commissioners to the Federal Energy Regulatory Commission, creating a Republican majority that could reshape the regulatory approach to national energy infrastructure.

Global Nuclear Fuel to launch new GNF4 fuel in 2026

Global Nuclear Fuel, a GE Vernova-led alliance with Hitachi, plans the first use of its GNF4 boiling water reactor fuel in 2026, with full-scale production expected by 2030.

New Fortress Energy initiates commissioning of 624 MW CELBA 2 power plant in Brazil

New Fortress Energy has initiated the initial ignition of its 624 MW CELBA 2 power plant in Brazil, starting the commissioning phase ahead of commercial operations expected later this year.
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Talen Energy secures $1.2bn to acquire two natural gas power plants in the United States

Talen Energy launches $1.2bn debt financing and expands credit facilities to support strategic acquisitions of two combined-cycle natural gas power plants.

Ares Management acquires 49% stake in US energy portfolio from EDPR

Ares Management has acquired a 49% stake in ten energy assets held by EDP Renováveis in the United States, with an enterprise value estimated at $2.9bn.

Ameresco signs $197mn contract to modernise NRL’s energy infrastructure

Ameresco secured a $197mn contract with the U.S. Naval Research Laboratory to upgrade its energy systems across two strategic sites, with projected savings of $362mn over 21 years.
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Arkansas commissions Excel Services for study on state’s nuclear future

Arkansas has appointed Excel Services to analyse the economic, technological and logistical outlook of a new nuclear programme, with results expected within ten months.

JANAF and MOL begin crucial talks on Central European oil transport

Hungarian oil group MOL and Croatian operator JANAF are negotiating an extension of their crude transport agreement as the region seeks to reduce reliance on Russian oil.

Ukraine plans to increase gas imports by 30% after Russian strikes

The Ukrainian government is preparing to raise natural gas imports by 30% to offset damage to its energy infrastructure and ensure supply continuity during the winter season.
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Belarus quadruples fuel exports to Russia in September

Rail shipments of Belarusian gasoline to Russia surged in September as Moscow sought to offset fuel shortages caused by Ukrainian attacks on its energy infrastructure.

Tusk refuses to hand over Ukrainian suspect to Germany over Nord Stream sabotage

Polish Prime Minister Donald Tusk said it was not in Poland’s interest to extradite to Germany a Ukrainian citizen suspected of taking part in the explosions that damaged the Nord Stream gas pipelines in 2022.

Denmark strengthens maritime controls at Skagen Strait amid Russian shadow fleet activity

Denmark is intensifying inspections of ships passing through Skagen, a strategic point linking the North Sea and the Baltic Sea, to counter the risks posed by the Russian shadow fleet transporting sanctioned oil.
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Global green ammonia market to reach $38.5bn by 2033, driven by large-scale projects

Green ammonia reaches a new industrial milestone with 428 active projects and over $11bn in investments, highlighting accelerated sector growth across Asia, the Middle East, Europe and the Americas.

Global renewable capacity set to double by 2030, led by solar power

According to the International Energy Agency (IEA), global renewable power capacity could more than double by 2030, driven by the rise of solar photovoltaics despite supply chain pressures and evolving policy frameworks.

Mars invests in 100 solar projects in Poland with GoldenPeaks Capital

Mars signs a major contract with GoldenPeaks Capital to develop over 100 solar plants in Poland, aiming to power its European operations and supply chain with renewable electricity.
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Global natural gas power generation market to reach $122.49bn by 2030

Driven by rising electricity demand and grid flexibility needs, natural gas power generation is expected to grow at an annual rate of 4.8% through 2030.

Algeria commits $60 billion to strengthen its energy strategy by 2029

Algeria plans to allocate $60 billion to energy projects by 2029, primarily targeting upstream oil and gas, while developing petrochemicals, renewables and unconventional resources.

China opts for quarterly thermal coal contracts with Indonesia for 2026

Chinese buyers begin negotiations for 2026 thermal coal deliveries, favouring shorter contracts to maintain flexibility in a stable price environment.
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Chevron gradually restarts El Segundo refinery after major fire

Chevron is working to restart several units at its El Segundo refinery in California after a fire broke out in a jet fuel production unit, temporarily disrupting regional fuel supplies.

Doral Renewables signs contract for 430 MW of solar power in Texas

Doral Renewables has signed a power purchase agreement for 75% of the output from its Cold Creek Solar project, expanding its contracted portfolio to over 1.6 GW nationwide.