Brazil

Viridien partners with Mantle8 to accelerate natural hydrogen exploration in EMEA

Viridien takes a strategic stake in Mantle8 to boost natural hydrogen exploration across Europe, the Middle East and Africa by combining geological data and seismic detection technologies.

Octopus Energy partners with Ming Yang to accelerate wind development in the UK

Octopus Energy has signed a strategic agreement with Ming Yang Smart Energy to deploy up to 6 GW of wind projects in the UK, combining software technology and turbines to boost local capacity.

Vallourec signs $1bn contract with Petrobras for Brazilian offshore operations

French steel tube manufacturer Vallourec has secured a strategic agreement with Petrobras, covering complete offshore well solutions from 2026 to 2029.
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US greenhouse gas emissions may plateau by 2030

A report by Rhodium Group anticipates stagnation in US emissions, a result of the political shift favouring fossil fuels since Donald Trump returned to office.

European Union maintains 2028 deadline to end Russian gas imports

Brussels confirms its target to end all Russian energy imports by 2028, despite growing diplomatic pressure from Washington amid the ongoing conflict in Ukraine.

IEA warns of 3.3 million barrel oil surplus in 2026

Increased output from Opec+ and non-member producers is expected to create a global oil surplus as early as 2025, putting pressure on crude prices, according to the International Energy Agency.
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Petrobras takes 27.5% stake in Block 4 offshore São Tomé with Shell and Galp

The Brazilian company expands its African footprint with a new offshore exploration stake, partnering with Shell and Galp to develop São Tomé and Príncipe’s Block 4.

Iberdrola secures 84% of Neoenergia after €1.88bn acquisition

Iberdrola strengthens its presence in Brazil by acquiring PREVI’s stake in Neoenergia for BRL11.95bn, raising its ownership to 84%.

Kazakhstan entrusts German Nukem with oversight of its nuclear back-end

Kazakhstan has signed an agreement with Nukem Technologies Engineering Services GmbH to benefit from German expertise in nuclear decommissioning and radioactive waste management.
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Trump links new sanctions against Moscow to halting Russian oil in NATO

Donald Trump threatens to escalate US sanctions against Russia, but only if NATO member states stop all Russian oil imports, which remain active via certain pipelines.

Washington challenges Maryland offshore wind farm permit in federal court

The US government has requested the judicial cancellation of the federal permit granted in 2024 for an offshore wind project, citing impacts on commercial fishing and maritime rescue operations.

Transatlantic rift over Russian oil reduces Indian volumes in October

The divide between the United States and the European Union over regulations on Russian oil exports to India is causing a drop in scheduled deliveries, as negotiation margins tighten between buyers and sellers.
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A CNY4.2bn contract awarded for China’s Xuwei nuclear project

A Chinese consortium has secured a CNY4.2bn ($594mn) contract for the construction of conventional islands for the Xuwei nuclear project, combining third and fourth generation reactors.

JERA targets 20-year contract for Alaskan LNG with Glenfarne

Japanese giant JERA has signed a letter of intent to purchase one million tonnes of LNG per year from Alaska, as part of a strategic energy agreement with the United States.

Rosatom and CNNC formalise cooperation agreement on nuclear training

Rosatom and China National Nuclear Corporation signed a memorandum of understanding to strengthen bilateral cooperation in talent development and skills training in the nuclear sector.
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Brazil invests to connect Roraima to its national power grid

Roraima, the last state not connected to Brazil’s national grid, has been linked through a publicly funded project launched over 14 years ago.

US crude oil stocks rise by 3.9 million barrels

Against market expectations, US commercial crude reserves surged due to a sharp drop in exports, only slightly affecting international prices.

Hull Street Energy acquires 13 hydroelectric dams in Michigan

Hull Street Energy has signed an agreement to acquire thirteen hydroelectric dams from Consumers Energy, totalling 132 MW, further consolidating its position in the North American hydro sector.
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Madison Energy Infrastructure raises $800mn to support large-scale projects

US-based Madison secures $800mn debt facility to finance energy infrastructure projects and address rising grid demand across the country.

First half of 2025 dominated by solar despite Washington policy pushback

Solar and storage accounted for 82% of new U.S. power capacity in early 2025, despite federal measures slowing their expansion.

Trump hits Brazil with 50% tariffs but spares oil and iron

Washington imposes massive duties citing Bolsonaro prosecution while exempting strategic sectors vital to US industry.

US wind energy sector faces political and tariff headwinds in 2025

The US wind market recorded 91% growth in the first quarter of 2025, but new regulatory restrictions and the planned end of tax credits threaten the sector’s future.

Department of Energy report questions economic impact of CO2 and reach of US climate policies

A Department of Energy report states that US actions on greenhouse gases would have a limited global impact, while highlighting a gap between perceptions and the economic realities of global warming.
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Trump revokes 3.5 million acres dedicated to US offshore wind

The Trump administration cancels federal offshore wind zones, threatening 77,000 jobs and $12bn in annual investments in a sector currently employing 120,000 people.

Helion Energy defies physical and financial limits with its fusion power plant for Microsoft

The American start-up promises an energy revolution in 2028 with its unique deuterium-helium-3 technology. Between immense technical challenges and a bold financial gamble.

Nscale, Aker and OpenAI launch Stargate Norway, a 100,000 GPU AI infrastructure project in Norway

A partnership between Nscale, Aker and OpenAI will create Stargate Norway, an artificial intelligence infrastructure site powered by renewable energy, set to house 100,000 NVIDIA GPUs in Northern Norway by the end of 2026.
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US tariff ultimatum pushes India towards new Asian trade alliances

Sanctions imposed on August 1 accelerate the reconfiguration of Indo-Pacific trade flows, with Vietnam, Bangladesh and Indonesia emerging as principal beneficiaries.

Trump imposes 25% plus mystery penalties on India from August

Washington triggers an unprecedented tariff structure combining 25% fixed duties and an additional unspecified penalty linked to Russian energy and military purchases.

Legrand raises 2025 targets, driven by data centre growth and strong profitability

Legrand reports a significant increase in half-year profit, fuelled by growing demand from data centres and reinforced growth prospects for the coming years.
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Schneider Electric posts record half-year results driven by data centre demand

Schneider Electric’s revenue reached EUR19.3bn in the first half, supported by strong data centre activity and growth across all its main markets.

Subsea 7 reports earnings growth and confirms merger with Saipem

Subsea 7 reports a strong increase in its financial results for the second quarter of 2025 and announces a definitive agreement for a merger with Saipem, while maintaining its growth outlook for the year.

Sustainable aviation fuel production: INA and CLG achieve landmark industrial test in Croatia

INA has completed its first industrial production of sustainable aviation fuel at the Rijeka refinery, demonstrating the feasibility of commercial-scale co-processing of biogenic feedstocks with the technology developed by Chevron Lummus Global.
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SANY launches 10 MW solar project in Zimbabwe with unique EP+F model

SANY begins construction of a 10 MW solar power plant in Zimbabwe, the first African project integrating engineering, procurement and financing, while continuing its expansion in microgrids and hybrid solutions across the continent.

Global electricity demand set for robust growth until 2026 despite economic pressures

Global electricity demand is projected to grow steadily through 2026, driven by industrial expansion, data centres, electric mobility and air conditioning, with increasing contributions from renewables, natural gas and nuclear power.

Carbon Ridge installs first centrifugal carbon capture unit on board a Scorpio Tankers vessel

Carbon Ridge reaches a major milestone by deploying the first centrifugal carbon capture technology on a Scorpio Tankers oil tanker, alongside a new funding round exceeding $20mn.
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Scatec obtains retroactive tariff on ancillary electric services in the Philippines

Scatec ASA and Aboitiz Power secure approval for an increased tariff on ancillary services, generating more than $21mn in retroactive revenue on the Philippine market.

Stem optimises the integration of the 57 MW Camino solar project in California with its automation technology

Stem deploys a grid optimisation solution for the Camino solar site, with a capacity of 57 MW, in California, meeting IEEE 2800 standards and targeting operational reliability and market performance.

Avangrid and Tyba accelerate battery storage mapping on the US market

Avangrid has completed a strategic pilot with Tyba to optimise battery site selection, simulating operations at over 2,400 locations to refine profitability and the management of energy storage on US power markets.
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B2U launches 24MWh grid storage site in Texas with repurposed electric vehicle batteries

B2U Storage Solutions has started construction on a grid storage facility in Bexar County, deploying 500 repurposed electric vehicle batteries for a 24MWh project, marking a first in Texas and signalling a significant step in the US market.

Enbridge confirms quarterly dividends with sustained payment for September 2025

Enbridge confirms dividend payments for its common and preferred shares, consolidating its shareholder return policy amid stability in the North American energy sector.