Australia

Gas Liquids Engineering completed the engineering phase of the REEF project, a strategic liquefied gas infrastructure developed by AltaGas and Vopak to boost Canadian exports to Asia.
Faced with shorter approval timelines, several European nuclear firms, including Newcleo, Orano and Urenco, are considering relocating key industrial investments to the United States.

Fusion Fuel Cycles joint venture begins construction of UNITY-2 test facility

Fusion Fuel Cycles has begun work on its UNITY-2 facility, a unique test bench designed to validate the full tritium fuel cycle under fusion conditions, marking a key step toward fusion energy.
en_1140101146540
ACEN Australia’s Stubbo Solar project becomes the first solar asset to operate under an LTESA contract, strengthening its role in New South Wales’ energy transformation.
Fortescue launches a solar innovation hub in the Pilbara with AUD45mn ($28.9mn) in public funding to test technologies aimed at accelerating and optimising large-scale solar farm construction.

AltaGas raises $460mn to strengthen financial structure and retain MVP

AltaGas finalises a $460mn equity raise linked to the strategic retention of its stake in the Mountain Valley Pipeline, prompting credit outlook upgrades from S&P and Fitch.
en_1140991169540
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.
The Canadian energy producer led the tenth wind tender launched by the CRE, with two projects representing 13% of the allocated capacity, strengthening its strategic position in the French market.

Boralex deepens its losses in Q3 despite 7% production increase

Canadian company Boralex reported a net loss of CAD30mn in the third quarter, impacted by lower electricity prices in France and adverse weather conditions in North America.
en_1140991158540
Petrus Resources recorded a 7% increase in production in the third quarter of 2025, along with a reduction in net debt and a 21% rise in cash flow.
Loblaw and FortisBC are trialling a hydrogen-powered heavy truck between Vancouver and Squamish, marking a step in the integration of low-emission solutions in Canada’s grocery logistics.

MEG Energy shareholders approve Cenovus merger with 86% support

MEG Energy shareholders have overwhelmingly approved the acquisition by Cenovus, marking a critical milestone ahead of the expected transaction closing later in November.
en_1140991170540
Next Hydrogen announces a private equity placement of CAD$20mn to CAD$30mn ($14.55mn to $21.83mn), led by Smoothwater Capital, to accelerate the commercialisation of its electrolyzers and support its industrial growth.
Pembina Pipeline Corporation and PETRONAS have signed a long-term agreement securing 1 million tonnes per year of liquefaction capacity at Canada's Cedar LNG terminal, reinforcing their positions in the global liquefied natural gas market.

Thermal Energy secures CAD1.5mn in industrial heat recovery contracts

Thermal Energy International has won two new turnkey projects worth a total of CAD1.5mn ($1.09mn) from a global nutrition group, strengthening a collaboration initiated in 2019.
en_1140661133540
Chinese manufacturer Pylontech strengthens its international investment strategy by launching a local entity in Australia to accelerate the deployment of its energy storage solutions.
Canadian producer Saturn Oil & Gas exceeded its production forecast in the third quarter of 2025, driven by a targeted investment strategy, debt reduction and a disciplined shareholder return policy.

Aker Solutions secures five-year contract with ExxonMobil Canada for Hebron platform

Aker Solutions has secured a five-year brownfield maintenance contract extension with ExxonMobil Canada, reinforcing its presence on the East Coast and workforce in Newfoundland and Labrador.
en_1140661139540
Taiwanese company HD Renewable Energy is expanding internationally with major solar and battery storage projects in Australia and Japan, targeting more than 6 gigawatts of installed capacity by 2028.
Driven by aerospace, industrial gas, and hydrogen investment, the global liquid hydrogen micro-storage systems market is projected to grow 9% annually through 2034.
The levelised cost of solar electricity continues to fall globally, reaching a regional record of $37/MWh in the Middle East and Africa thanks to tracker technologies, according to the latest market data.
NANO Nuclear strengthens its North American strategy by acquiring Global First Power in Canada, securing regulatory rights for its KRONOS MMR™ project at Chalk River.

UNEP, EU and Japan frame methane: 12% responses, LNG under pressure

Rising responses to UNEP’s satellite alerts trigger measurement, reporting and verification clauses; the European Union sets import milestones, Japan strengthens liquefied natural gas traceability; operators and steelmakers adjust budgets and contracts.
en_1140241031540
Tidewater Midstream and Infrastructure has finalised the sale of its non-core Sylvan Lake site to Parallax Energy Operating for $5.5mn, with limited impact on its 2025 results.
Sintana Energy has initiated legal proceedings in the Isle of Man to secure approval for its all-share acquisition of Challenger Energy, with support from over one-third of the target company’s shareholders.

Senegal signs strategic agreement with two Canadian geo-energy companies

A three-year partnership has been signed between Senegal and two Quebec-based companies to develop the country’s geoscientific capacity and structure its energy sector through technological innovation.
en_1140290948540
NEO Battery Materials will supply high energy density batteries to a South Korean industrial robotics company under a $2.5M CAD order and joint development agreement over two years.
New Stratus Energy has signed a definitive agreement with Vultur Oil to acquire up to 32.5% interest in two onshore oil blocks located in the State of Bahia, Brazil, with an initial investment of $10mn.

Clearview completes sale to listed company for $1.84 per share

Clearview Resources has completed the sale of all its shares to a listed oil company, exiting Canadian financial markets following shareholder and court approval.
en_1140290958540
Canadian firm Stardust Solar grants its first African franchise to Megatricity Energy in Zambia, launching a new phase of expansion into emerging solar energy markets.
The United States, Canada and Mexico together plan a 151% increase in liquefied natural gas export capacity, representing more than half of expected global additions by 2029.

FairWind acquires Cosmic Group to strengthen wind energy presence in Asia-Pacific

The acquisition of Cosmic Group by FairWind consolidates its position in Australia and marks a strategic expansion into New Zealand and Japan.
en_1140201031540
A consortium led by Masdar and CPP Investments proposes to acquire all of ReNew at $8.15 per share, representing a 15.3% increase over the initial offer.
Canadian uranium producer NexGen Energy has completed a A$1bn ($639mn) equity raise split between North American and Australian markets to support the development of its Rook I project.

Canada and the United Kingdom strengthen energy alliance around critical minerals

Ottawa and London increased bilateral exchanges to structure strategic cooperation on nuclear energy and critical minerals supply chains, as part of Canada’s G7 presidency.
en_1140190968540
The European Commission imposes new rules requiring proof of refined crude origin and excludes the use of mass-balancing to circumvent the Russian oil ban.
A ruling by Namibia's High Court upheld the media regulator’s decision that the state broadcaster NBC failed to ensure balance in its coverage of ReconAfrica’s oil operations.

Japan and Malaysia begin regulatory framework for CO2 transport

Japan and Malaysia have signed a preliminary cooperation protocol aiming to establish a regulatory foundation for cross-border carbon dioxide transport as part of future carbon capture and storage projects.
en_1140190935540
Aurora Renewables will develop an intelligent microgrid combining solar, batteries and digital simulation technology to enhance power supply in northern Saskatchewan.
The Canadian oilfield services provider announced a $75mn private placement of 6.875% senior unsecured notes to refinance bank debt and support operations.