Brazil

Oklo secures key approval for upcoming nuclear fuel facility

The accelerated approval of the Aurora facility’s nuclear safety plan marks a strategic milestone in rebuilding a domestic nuclear fuel production line in the United States.

Petrobras strengthens its grip on Brazil’s spot gasoline market after Refit and SSOil exit

The removal of two Brazilian refiners and Petrobras’ pricing offensive reshuffle spot volumes around Santos and Paranaguá, shifting competition ahead of a planned tax increase in early 2026.

Natural Gas Services raises 2025 guidance after 14.6% increase in adjusted EBITDA

Natural Gas Services Group reported a strong third quarter, supported by fleet expansion and rising demand, leading to an upward revision of its full-year earnings outlook.
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Morrison wins major Shell contract for oil facility in Louisiana

Shell Pipeline has awarded Morrison the construction of an elevated oil metering facility at Fourchon Junction, a strategic project to strengthen crude transport capacity in the Gulf of Mexico.

IonQ partners with University of Chicago to build next-generation quantum platform

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.

Delays in U.S. solar projects fall to 20% in Q3

The delay rate for large-scale photovoltaic projects in the United States fell to 20% in Q3 2025, down from 25% a year earlier, despite record growth in installed capacity in 2024.
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Former minister Timipre Sylva wanted over alleged $14.8mn diversion in Nigeria

An arrest warrant has been issued against Timipre Sylva over the alleged diversion of public funds intended for a modular refinery. This new case further undermines governance in Nigeria’s oil sector.

EDF power solutions launches hydrogen pilot plant in Macaé to strengthen assets in Brazil

EDF power solutions has inaugurated a hydrogen pilot plant at the Norte Fluminense thermal power plant, with an investment of BRL4.5mn ($882,000), as part of Aneel's R&D programme.

Gavin Newsom seeks to reposition California as an autonomous player amid US withdrawal

Governor Gavin Newsom attended the COP30 summit in Belém to present California as a strategic partner, distancing himself from federal policy and leveraging the state's economic weight.
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Beijing opens major energy projects to private capital to revive investment

Chinese authorities authorise increased private sector participation in strategic energy projects, including nuclear, hydropower and transmission networks, in an effort to revitalise slowing domestic investment.

India turns to Angolan oil to bypass Russian constraints

India boosts crude imports from Angola amid tightening U.S. sanctions on Russia, seeking low-risk legal diversification as scrutiny over cargo origins increases.

Tata Power to produce 10 GW of wafers to dominate India’s solar upstream

Tata Power is preparing a 10 GW ingot and wafer facility to consolidate its domestic solar chain, secure supplies, and capture PLI incentives ahead of 2026 local content mandates.
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Adani Group invests in a mega battery storage project in Khavda

Adani Group launches a 1126 MW project in Khavda, marking its first entry into energy storage, with one of the largest BESS systems ever built at a single site.

Plug Power raises $275mn to fund pivot toward data center market

Plug Power plans to generate $275mn by divesting assets and reallocating investments to the data center market, as part of a strategy focused on returns and financial discipline.

VoltaGrid raises $5.0bn to deploy 4.3 GW of capacity by 2028

Texas-based energy solutions provider VoltaGrid secures record mixed financing to expand its decentralised power generation portfolio, primarily targeting hyperscale data centres.
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Enveniam appointed lead integrator for LIST Technologies’ laser uranium enrichment project

US-based Enveniam has signed an agreement with LIS Technologies Inc. to oversee the design and construction of a new laser-based uranium enrichment facility on American soil.

50Hertz plans 30 GW of new electrical interconnections by 2029

German grid operator 50Hertz commits to nearly 30 GW of new connection capacity by 2029, amid network saturation and calls for reforming access procedures.

Germany grants $24.3 million to Nigeria to accelerate its energy transition

Berlin strengthens its cooperation with Abuja through funding aimed at supporting Nigeria’s energy diversification and consolidating its renewable infrastructure.
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Chevron strengthens post-Hess strategy and reassures markets on growth

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.

Newcleo considers shifting €16bn nuclear projects from the UK to the United States

Faced with shorter approval timelines, several European nuclear firms, including Newcleo, Orano and Urenco, are considering relocating key industrial investments to the United States.

We Recycle Solar and Nations Roof partner to recycle commercial solar rooftops in the US

We Recycle Solar and Nations Roof launch a joint offer to manage rooftop solar panel recycling and upgrade energy infrastructure on commercial buildings across the US.

Element One secures acquisition option on geological hydrogen extraction technology

Element One obtains an exclusive option to acquire up to 100% of Stone to H2, a New York-based company holding patented technology for hydrogen and critical mineral extraction from ultramafic rock.

Renewable America completes 9.4 MW solar and storage portfolio in California

The Foster Clean Power project in Humboldt County combines 9.4 MW of solar capacity and 10 MWh of battery storage under a power purchase agreement with Redwood Coast Energy Authority.
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Mazama Energy reaches 331 °C with its geothermal reactor and targets large-scale production

Mazama Energy has completed the creation of the world’s hottest Enhanced Geothermal System, paving the way for low-cost, high-density baseload power aimed at data centres and heavy industry.

Argentina appeals $16.1bn judgment linked to YPF nationalisation

Argentina seeks to overturn a U.S. court ruling ordering it to pay $16.1bn to two YPF shareholders after the 2012 partial expropriation of the oil group.

Ember warns of economic futility of new coal capacity in India beyond 2032

A modelling study finds India does not need new coal plants beyond current plans through 2032, as overcapacity would raise costs and reduce utilisation across the thermal fleet.
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OMV posts €1.26bn operating profit in Q3 despite falling revenues

Austrian energy group OMV reported a 20% increase in operating profit in Q3 2025, driven by strong performance in fuels and petrochemicals, despite a decline in total revenue.

Germany moves to ease grid regulation to attract infrastructure investors

The German regulator is preparing a reform favourable to grid operators, aiming to adjust returns and efficiency rules from 2028 for gas pipelines and 2029 for electricity networks.

Washington temporarily authorises operations linked to Rosneft’s German assets

The United States has issued a general license allowing transactions with two German subsidiaries of Rosneft, giving Berlin until April 2026 to resolve their ownership status.
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Jameson Land in Greenland identified with 13 billion barrels of potential oil

An independent report estimates 13.03 billion barrels of potential oil resources in Greenland’s Jameson Land Basin, placing the site among the largest undeveloped fields globally.

Global X launches natural gas ETF to capture US export growth

US-based asset manager Global X has unveiled a new index fund focused on the natural gas value chain, capitalising on the growing momentum of liquified natural gas exports.

Equinor posts adjusted operating income of USD 6.21bn in Q3 2025

Equinor reported 7% production growth and strong cash flow, despite lower hydrocarbon prices weighing on net results in the third quarter of 2025.
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Hitachi to expand US capacity to support nuclear revival and AI demand

Hitachi joins Washington and Tokyo in strategic projects to modernise the US grid and back artificial intelligence expansion through nuclear and electrification investments.

Stardust Solar reaches operating breakeven with record revenue of $1.78M

Stardust Solar reports its first-ever positive EBITDA, driven by a 99% jump in quarterly revenue and a record inflow of signed contracts.

Sinopec posts 32% drop in nine-month net profit on oil and fuel slump

Impacted by falling oil prices and weak fuel sales, Sinopec reports a sharp decline in profitability over the first three quarters, with a strategic shift toward higher-margin products.
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Bill Gates calls for climate priorities to refocus on human welfare

Bill Gates urges governments and investors to prioritise adaptation to warming effects, advocating for increased funding in health and development across vulnerable countries.

Citizen Energy launches $20mn drilling fund targeting the Anadarko Basin

Citizen Energy Ventures enters the private placement market with a $20mn fund to develop eight wells in the Cherokee Formation of Oklahoma’s historic Anadarko Basin.

Houston American Energy begins construction of alternative fuels complex in Texas

Houston American Energy launches the first phase of its industrial project in Cedar Port, focused on converting waste into renewable fuels through an innovation centre and research hub.
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Amplify Energy sells Texas assets for $127.5mn to reduce debt

US producer Amplify Energy has announced the full sale of its East Texas interests for a total of $127.5mn, aiming to simplify its portfolio and strengthen its financial structure.

NANO Nuclear launches True North Nuclear to strengthen its investments in Canada

NANO Nuclear restructures its Canadian operations under the name True North Nuclear to accelerate regulatory and industrial development of its KRONOS MMR™ microreactor.