Brazil

Nexans installs record-breaking 2,150-metre deep power cable in Italy

French group Nexans has begun installing a high-voltage submarine cable between Sardinia and Sicily, reaching an unprecedented depth of 2,150 metres as part of a project led by Italian grid operator Terna.

Stimulated geologic hydrogen: methods, costs, technology maturity and key risks

Several subsurface stimulation techniques aim to generate hydrogen in situ at low cost. Pilots are advancing, but heterogeneous Technology Readiness Levels (TRL), geological uncertainties, and monitoring requirements are slowing investment.

Egypt signs new deals to revive domestic gas production

Cairo has concluded three new exploration agreements with Apache, Dragon Oil and Perenco, for a total investment of over $121mn, as national gas output continues to decline.
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ACWA Power secures 800MW in Morocco with technical support from Gotion High-Tech

ACWA Power secures the NOOR Midelt 2 and 3 solar-storage project in Morocco, outbidding European and Emirati competitors, with decisive backing from Gotion High-Tech’s storage technology.

Fifth sanctioned Russian LNG carrier docks at Beihai terminal in China

The Iris carrier, part of the Arctic LNG 2 project, docked at China’s Beihai terminal despite US and EU sanctions, signalling intensifying gas flows between Russia and China.

Canadian exports to China rise on back of expanded TMX pipeline

Canadian crude shipments from the Pacific Coast reached 13.7 million barrels in August, driven by a notable increase in deliveries to China and a drop in flows to the US Gulf Coast.
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Argentina targets Brazil for gas exports despite Bolivian fees

Argentina aims to boost gas sales to Brazil by 2030, but high transit fees imposed by Bolivia require significant public investment to secure alternative routes.

London and Washington commit to accelerating bilateral nuclear projects

A strategic partnership between the United Kingdom and the United States aims to shorten nuclear licensing timelines and strengthen industrial cooperation around fusion and modular reactors.

UK sanctions 70 tankers to reinforce Russian oil price cap

London has expanded its sanctions against Russia by blacklisting 70 new tankers, striking at the core of Moscow's energy exports and budget revenues.
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NKT selected as preferred bidder for power cable project between Scotland and England

Danish manufacturer NKT has been chosen to supply a 525 kV high-voltage cable system for the Eastern Green Link 3 project connecting Scotland and England’s power grids.

BII commits $7.5mn to support power interconnection in Nigeria

British International Investment partners with Odyssey Energy Solutions to finance the expansion of interconnected mini-grids in Nigeria, under the World Bank-backed DARES programme.

Odyssey receives $7.5 million from BII to fund solar mini-grids in Nigeria

Odyssey Energy Solutions secures $7.5 million from British International Investment to support access to solar equipment under Nigeria’s DARES programme.
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Latin America’s energy storage to reach 23 GW by 2034

Led by Chile and dominated by utility-scale projects, Latin America's energy storage market is projected to grow at an average annual rate of 8 % through 2034.

EDP sells 121 MW wind portfolio to Amundi for €200mn

EDP Renováveis has completed the sale of twelve operational wind farms in France and Belgium to Amundi Transition Energétique for an enterprise value of €200mn ($215mn).

UNITe wins two photovoltaic projects in Puy-de-Dôme

Independent power producer UNITe has been selected to develop two solar power plants on municipal land in Avèze and Malauzat, following a call for tenders by the French Energy Regulatory Commission.
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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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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.

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.

Octopus Energy acquires 10% stake in East Anglia One offshore wind farm from Macquarie

Octopus Energy has acquired a 10% stake in the East Anglia One offshore wind farm, expanding its European portfolio and surpassing $2 billion in offshore wind investments.

Repsol sells 49% stake in Spanish wind and solar portfolio to Schroders Greencoat

UK-based manager Schroders Greencoat acquires a minority stake in ten Repsol renewable assets in Spain, valued at €580mn, reinforcing its investment strategy in the European energy transition.

Brussels unlocks €600mn to accelerate cross-border energy projects

The European Commission is launching a large-scale call for projects to finance priority energy infrastructure between Member States and neighbouring countries, with a maximum budget of €600mn from the CEF Energy programme.
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Biomethane production increases in France despite a slowdown in new installations

The French renewable gas sector recorded a 27% rise in output in 2024, reaching 11.6 TWh, although new unit commissioning fell back to 2019 levels.

bpTT starts gas production from Cypre project offshore Trinidad and Tobago

The bp Trinidad and Tobago joint venture has launched production at the offshore Cypre field, marking bp’s second major start-up in 2025 and strengthening its shallow-water footprint in the region.

Shell completes acquisition of Pavilion Energy, strengthening position in LNG market

Shell has finalised the acquisition of Pavilion Energy in Singapore, integrating a portfolio of 6.5 mtpa LNG contracts, regasification capacity, and bunkering activities.
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New coal-fired power plant additions fall to 20-year low

New coal-fired electricity capacity added in 2024 dropped to 44 GW, driven mainly by China and India, according to a report released on Thursday.

Oil prices fall over 6% due to tariffs and unexpected Opec output hike

Oil prices plummeted on Thursday, driven by new U.S. import tariffs and an unexpected decision by Opec to increase production from May.

Eolink to deploy floating wind demonstrator for grid connection in 2027

French company Eolink plans to launch a 5 MW floating wind turbine in Brest, targeting a 2027 grid connection as part of the sector’s industrial progression.
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NGOs call for global ban on offshore oil exploration

Over 100 international organisations are urging a halt to offshore oil and gas exploration ahead of the United Nations Ocean Conference scheduled in June in Nice.

EDF Renewables deploys single platform to monitor 5GW of wind turbines

EDF Renewables is centralising condition monitoring of over 5GW of wind turbines through ONYX Insight’s fleetMONITOR platform, reinforcing its global predictive maintenance strategy.

France: Fos-sur-Mer launches unprecedented debate on €20bn industrial projects

The National Commission for Public Debate opens a three-month consultation in Fos-sur-Mer on the industrial future of this strategic zone, ahead of state decisions on 40 projects with major economic and energy implications.
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Four operators to merge access to 11,000 fast-charging stations across Europe

Ionity, Fastned, Electra and Atlante will launch a joint platform this summer allowing drivers to access their fast-charging networks across 25 countries without additional formalities.

Urbaser wins €700mn contract for incinerator near Paris

Urbaser will operate the Étoile verte incinerator in Saint-Ouen-sur-Seine from January 2026 under a €700mn, twelve-year agreement signed with Syctom, the public operator for the Paris region.

The European Union must invest €1.871 trillion to modernise its power grids by 2050

The European Court of Auditors warns of the urgency of massive investments in the Union’s ageing power grids, hampered by administrative delays and inadequate planning.
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Innergex secures two 32 MW solar projects in Yonne through CRE approval

Canadian producer Innergex has received approval from the Energy Regulation Commission for two agrivoltaic solar projects in France, marking its entry into the national photovoltaic market.

Boralex commissions its first 106 MW wind farm in Scotland

Boralex has launched operations at the 106 MW Limekiln Wind Farm in Scotland, marking its first operational facility in the United Kingdom, supported by a 15-year public contract and a power purchase agreement.

MPs and energy experts call for suspension of France’s PPE3 energy roadmap

Several lawmakers and former energy executives are demanding a moratorium on PPE3, criticising a plan they view as disconnected from current economic and geopolitical realities.
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Global white hydrogen reserves spark a new race for exploration

From France to Mali and Albania, recent discoveries of substantial white hydrogen reserves are fueling global competition for commercial exploitation of this still-underestimated resource.

Framatome and TechnicAtome acquire Segault to secure the French nuclear supply chain

Framatome and TechnicAtome have acquired Segault, a strategic nuclear valve manufacturer, thereby blocking a takeover by the American firm Flowserve following opposition from the French government.