Cameroon

Shell launches a large debt exchange offer for $8.4 billion of dollar-denominated bonds

Shell restructures six series of bonds through an exchange offer, migrating them to its U.S. subsidiary to optimize its capital structure and align its debt with its U.S. operations.

bp divests non-controlling interests in US onshore midstream assets for $1.5 billion

BP sells non-controlling stakes in its Permian and Eagle Ford midstream infrastructure to Sixth Street for $1.5 billion while retaining operational control.

Eos Energy secures 228 MWh strategic order from Frontier Power

Eos Energy and Frontier Power strengthen their collaboration with a major first order under a 5 GWh framework agreement to deploy long-duration storage systems across multiple energy markets.
en_114021140540

Amentum secures key contracts under £1.4bn Sellafield nuclear programme

US-based Amentum has secured strategic roles on a 15-year decommissioning framework in the United Kingdom, potentially worth up to £1.4bn ($1.9bn), through multiple projects at the Sellafield site.

Vattenfall raises operating profit to SEK21.47mn amid nuclear repositioning

Swedish group Vattenfall improves its underlying operating result despite the end of exceptional effects, supported by nuclear and trading activities, in a context of strategic adjustment on European markets.

Cameroon seeks up to $177 mn to secure Nachtigal project

Cameroon’s Ministry of Finance is negotiating a bank credit to guarantee payments owed to NHPC, as Éneo’s financial situation jeopardises the Nachtigal hydropower plant.
en_114021159540

Cameroon plans ten new 25 MW hydropower plants by 2030

The Cameroonian government plans to build ten low-capacity hydropower plants over the next five years as part of a national programme to strengthen energy infrastructure across the country.

United Kingdom stays on course for 2030 despite political divisions

The British government confirms its ambition to decarbonise the power sector by 2030, despite political criticism and concerns over consumer energy costs.

Repsol posts 34% profit drop over nine months despite UK operations

The Spanish oil group reported a net profit of €1.18bn over the first nine months of 2025, hit by unstable markets, falling oil prices and a merger that increased its debt.
en_1140311071540

Shell posts higher quarterly profit and launches $3.5bn share buyback

The British group’s net profit rose 24% in Q3 to $5.32bn, supporting a new share repurchase programme despite continued pressure on crude prices.

TotalEnergies and Shell boost profits despite falling oil prices

Third-quarter results show strong resilience from European majors, supported by improved margins, increased production and extended share buyback programmes.

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.
en_1140290929540

80 Mile PLC takes full control of Ferrandina and signs three key agreements in Italy

80 Mile PLC has completed the full acquisition of Ferrandina in Italy and signed three memorandums of understanding with major energy groups, securing the supply and processing of 120,000 tonnes of biofuels per year.

Iberdrola to pay €1.7bn interim dividend to shareholders in January

Iberdrola has confirmed a €0.25 per share interim dividend in January, totalling €1.7bn ($1.8bn), up 8.2% from the previous year.

Iberdrola installs its first offshore HVDC station in the United Kingdom

Iberdrola has installed the high-voltage direct current converter station for its East Anglia THREE wind farm, marking a key milestone in a €5 billion project.
en_1140281032540

Korkia and Evolution Power secure approval for 250 MW solar project in the UK

The UK government has authorised the construction of the Stonestreet Green Solar project, combining 150 MWp of solar capacity and 100 MW of battery storage, marking a major step for Korkia and Evolution Power’s infrastructure portfolio.

Kazakhstan begins negotiations to export uranium to Finland

Talks are underway between Astana and Helsinki to consider the delivery of Kazakh uranium for Finnish nuclear power plants, amid efforts to diversify energy export markets.

Petrofac places holding company into administration after termination of key contract

The termination of a strategic contract with Dutch grid operator TenneT triggered the administration of Petrofac’s holding company, reigniting tensions with creditors.
en_1140271049540

Voltalia posts 31% growth driven by booming services segment

Voltalia's Q3 2025 revenue rises to €164.7mn, fuelled by a sharp increase in services activity, while energy sales decline due to currency effects and lower prices.

Cameroon to exempt biofuel equipment from customs duties starting 2026 to boost the sector

Cameroon will adopt a customs exemption on industrial equipment related to biofuels starting in 2026, as part of its new energy strategy aimed at regulating a still underdeveloped sector.

BP delays global oil demand peak to 2030

BP revises its annual forecast and now expects global oil demand to grow until 2030, due to slower worldwide energy efficiency gains.

Aker invests $285mn in Nscale and acquires 9.3% equity stake

Aker becomes one of Nscale’s largest shareholders following a $1.1bn funding round, reinforcing its exposure to large-scale artificial intelligence infrastructure.

Oil majors cut 2026 budgets and increase shareholder returns

Oil companies are preparing for a tough 2026 with lower investments, focusing on financial discipline and cash flow redistribution at the expense of low-return projects.
en_1140240939540-2

Eight international oil companies reach deal to resume Kurdistan exports

Eight oil companies and Iraqi and Kurdish authorities have reached a preliminary deal to restart crude exports via the Iraq-Turkey pipeline, halted since March 2023.

Iberdrola plans €58 billion investment to boost growth by 2028

Iberdrola plans to invest EUR58bn ($61.83bn) by 2028, targeting a net profit of EUR7.6bn ($8.10bn), focusing on power grids and key markets such as the United Kingdom and the United States.

European and Iranian ministers meet in New York to avoid return of sanctions

European and Iranian foreign ministers meet in New York to try to prevent the reinstatement of UN sanctions linked to Tehran’s nuclear programme.
en_1140240942540

First Light Fusion unveils a reactor pathway to a gain of 1,000

First Light Fusion presents FLARE, an inertial fusion concept targeting a gain of 1,000, with development costs said to be well below current benchmarks thanks to existing technologies and a deployment model based on partnerships.

Trump urges NATO to halt all Russian oil purchases by member states

The US president has called for an immediate end to Russian oil imports by NATO countries, denouncing a strategic contradiction as sanctions against Moscow are being considered.

Iran withdraws nuclear resolution under US financial pressure

Tehran withdrew a resolution denouncing attacks on its nuclear facilities, citing US pressure on IAEA members who feared suspension of Washington’s voluntary contributions.
en_1140200944540

Imminent sanctions: Iran faces the European nuclear ultimatum

Talks between Iran and the E3 group have not succeeded, leaving the return of economic sanctions looming, which could heavily affect Iran’s oil sector.

HRS signs new order with Element 2 for a mobile station in Scotland

French manufacturer HRS will supply Element 2 with a mobile HRX14 hydrogen station for Glasgow, marking its fourth installation in the UK and strengthening its position in the British market.

NANO Nuclear sells ODIN reactor technology to Cambridge Atom Works for $6.2mn

The sale of ODIN™ technology to Cambridge Atom Works allows NANO Nuclear to refocus on its modular gas reactor portfolio while capitalising on potential royalty revenue.
en_1140170952540

Paris, Berlin and London give Iran ten days to avoid reinstated sanctions

European powers demand concrete steps from Tehran on nuclear issue or United Nations sanctions will be reinstated, as IAEA inspections remain blocked and tensions with Washington persist.

Release by Scatec expands hybrid solar plants to 64.4 MW in Cameroon

The Norwegian subsidiary has launched the second phase of its projects in Maroua and Guider, bringing total capacity to 64.4 MW of solar and 38.2 MWh of storage with an annual target of 141.5 GWh.

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.
en_1140150924540

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.

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.
en_1140140925540

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.