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Canadian Solar posts record margin despite quarterly net loss
Canadian Solar reported a gross margin of 29.8% in Q2 2025, exceeding expectations despite a net loss, amid delayed project sales and asset impairments.
Masdar completes financing for the 2 GW Al Sadawi solar project in Saudi Arabia
The consortium led by Masdar has secured approximately $1.1 billion in financing to build one of the world’s largest solar power plants in Saudi Arabia’s Eastern Province.

Global Petrochemical Investments Projected to Reach USD 956 Billion by 2032

Driven by rising industrial demand and emerging capacities in Asia, the global petrochemicals market is expected to see sustained expansion despite regulatory pressures and raw material cost challenges.
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U.S. Tariffs: India Increases Brazilian Crude Imports by 80% in 2025
Indian imports of Brazilian crude reach 72,000 barrels per day in the first half of 2025, driven by U.S. sanctions, and are expected to grow with new contracts and upstream projects between Petrobras and Indian refiners.
Global EV Charging Points to Reach 206.6 Million by 2040
Electric vehicle charging infrastructure investments are expected to hit $300 billion by 2040, driven by a 12.3% annual increase in global charging port deployments.

TCL SunPower Global partners with Energia Italia to strengthen its network in Italy

TCL SunPower Global entrusts the distribution of its solar panels to Energia Italia, thereby consolidating its presence in the Italian market within a context of strategic restructuring.
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China: Refineries Increase Output but Maintain Crude Oil Surplus
In July, China maintained a crude oil surplus of 530,000 barrels per day despite high refining activity, confirming a stockpiling strategy amid fluctuating global prices.
The aviation fuel market projected to reach USD 751 billion by 2032
With an annual growth rate estimated at 10.11%, the global aviation fuel market could reach USD 751 billion by 2032, driven by increasing air traffic and new industrial partnerships.

CNAF Acquires Stake in Private Sustainable Aviation Fuel Refinery

China’s aviation fuel distributor CNAF announced a new investment in a private sustainable fuel refinery, reinforcing its integration strategy within an emerging sector considered critical to the country’s aviation industry.
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Petrobras negotiates to increase capacity of three FPSOs in Brazil
Petrobras is holding talks with SBM Offshore and Modec to raise output from three strategic FPSOs, two already at full capacity, to capture more value from the high-potential pre-salt fields.
China rejects European threat to reinstate sanctions against Iran
Beijing opposes the possible return of European trio sanctions against Iran, as the nuclear deal deadline approaches and diplomatic tensions rise around Tehran.

800-Million-Dollar Agreement: Tsingshan Triggers an Energy Recomposition in Zimbabwe

With a new $800 million investment agreement, Tsingshan expands the Manhize steel plant and generates an energy demand of more than 500 MW, forcing Zimbabwe to accelerate its electricity strategy.
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Shanghai Electric commissions Manah-1 solar plant in Oman with 500 MW
The Manah-1 solar project in Oman, with a capacity of 500 MW, was delivered by Shanghai Electric and has recorded a stable first month of operation, strengthening industrial and technical cooperation with Électricité de France.
Vanda RE negotiates power purchase contracts in Singapore for Indonesian solar project
Vanda RE is in talks with potential buyers in Singapore for electricity from a $3 billion solar and storage project in Indonesia’s Riau Islands.

Oman Unlocks $500 Million to Exploit Its Copper and Chrome Reserves

The sultanate awards three mining concessions to local companies. Projects target strategic deposits to reduce hydrocarbon dependence.
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Eleven US companies selected to fast-track small nuclear reactor testing
The United States Department of Energy has selected eleven companies to build experimental nuclear reactors by July 2026, under a programme aimed at meeting rising electricity demand.
OPEC Revises Global Oil Forecasts for 2026 to 106.5 Million b/d
OPEC's August report reveals Russian production above quotas and commercial dominance in Asia, while Kazakhstan massively exceeds its reduction commitments.

Russian Shadow Fleet Disrupts Global Oil Balance in Asia

Hundreds of aging tankers transport Russian oil to Asia, circumventing Western sanctions while creating major environmental risks and transforming global trade flows.
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ADNOC L&S Defies Maritime Turbulence with Record Second Quarter Results
The Emirati logistics giant posts 40% revenue growth despite depressed maritime freight rates, driven by Navig8 integration and strategic fleet expansion.
The global next-generation solar cell market will reach $12.95 billion by 2031
The next-generation solar cell market will grow by 15.73% annually by 2031, driven by diversified uses in residential, industrial, and aerospace sectors.
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Ukrainian Arrested in Italy for Alleged Role in Nord Stream Sabotage
Moretti expected to chair Petrobras board with ministerial backing
Sinopec Shanghai Posts Half-Year Loss Amid Declining Petrochemical Demand
Sempra and ConocoPhillips Strengthen Partnership on Port Arthur LNG Phase 2
The U.S. Department of Energy Extends Operations of a Coal Plant in the Midwest
Wood Mackenzie forecasts Brent crude to average $73/barrel in 2025
According to Wood Mackenzie's forecast, the average Brent crude price in 2025 will be $73/barrel, influenced by complex geopolitical and economic factors, including the war in Ukraine and sanctions against Iran.
Washington imposes new sanctions on Iranian oil
The U.S. government announced new sanctions targeting 22 individuals, companies, and 13 vessels accused of circumventing sanctions on Iranian oil, as part of its "maximum pressure" policy.

UK allocates £200 million for the transition of the Grangemouth refinery

British Prime Minister Keir Starmer has announced an additional £200 million in funding to support the conversion of the Grangemouth industrial site in Scotland, which is set to close this summer.
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CNOOC Limited launches Phase II of Luda 5-2 North oil project
CNOOC Limited has started production for Phase II of the Luda 5-2 North oil project in the Bohai Sea. The expansion includes 29 wells and aims for peak production of 6,700 barrels of oil equivalent per day by 2026.
Imerys aims for green light on lithium pilot plant before summer
Industrial minerals group Imerys plans to approve the investment for a lithium ore processing pilot plant in Échassières before summer 2025. Meanwhile, the company is seeking industrial and financial partners to support this strategic project.

Growth of the Lithium-Ion Battery Recycling Market: A Report from Deloitte and CAS Analyzes Key Trends

A new joint report from Deloitte and CAS highlights market and innovation trends in the lithium-ion battery recycling industry, crucial to sustainable energy transition.
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Natural Gas: A Key Player in the Energy Transition Despite Economic and Environmental Challenges
Natural gas remains an essential part of the energy transition, supporting renewable energy while reducing emissions. However, challenges remain, particularly regarding carbon prices and the competitiveness of gas against coal.
Nexans Reaps the Dividends of Its Electrification Strategy
Nexans, a major player in cable production, benefits from strong demand linked to infrastructure electrification, contributing to the growth of its financial results.

Orano Records a Record Annual Profit

Orano reports a threefold increase in annual profit, driven by strong Japanese demand and rising uranium prices. The company benefits from a robust recovery in its uranium supply contracts.
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Siemens Gamesa invests €200 million in Le Havre to counter China
Siemens Gamesa announces a €200 million investment to expand its Le Havre factory. The goal: to produce longer and more powerful wind turbine blades to remain competitive against China, the global leader in the sector.
BHP Reports Strong Demand Despite Falling Mineral Prices
Australian mining giant BHP saw its net profit multiply fivefold, reaching $4.4 billion, despite an 8% drop in revenue. Sustained demand and signs of recovery in China strengthen its outlook.

Inspection by the IAEA at Fukushima: Progress of the Decommissioning and Strategic Issues

The Director of the International Atomic Energy Agency (IAEA), Rafael Grossi, visited Fukushima to oversee the soil decontamination efforts and the decommissioning of the nuclear plant. This visit comes as Japan intensifies its efforts to manage radioactive waste and increase the transparency of its nuclear program.
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Air Liquide secures 2,500 GWh of low-carbon electricity with record PPAs in 2024
Air Liquide has signed a record volume of power purchase agreements (PPAs) in 2024, adding more than 2,500 GWh of low-carbon electricity to its supply. These long-term agreements cover several key markets and support the company’s energy modernization efforts.
CNOOC starts production of the Buzios7 project off the coast of Brazil
The Buzios7 project, located in the Santos Basin, has officially begun production. With advanced processing capacity, it contributes to the goal of one million barrels per day for one of the world's largest deepwater oil fields.

Global Oil Demand to Rise Sharply in 2025, Says IEA

The International Energy Agency (IEA) forecasts an increase of 1.1 million barrels per day (mb/d) in 2025, driven by consumption in non-OECD countries. Global production is expected to follow an upward trend despite recent declines and market tensions.
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LONGi strengthens its partnership with Energy 3000 with an additional 100 MW agreement
LONGi Green Energy Technology and Energy 3000 Solar GmbH have signed a new agreement for the supply of 100 MW of Hi-MO X10 solar modules. This collaboration marks a key step in the distribution of high-performance photovoltaic solutions in the European market.
Trump accelerates electricity production to dominate AI against China
Donald Trump has signed a decree creating a National Council for Energy Dominance, aimed at massively increasing electricity production. The goal is to strengthen the United States’ competitiveness in artificial intelligence (AI), a rapidly expanding and energy-intensive sector.

OPEC Forecasts Oil Demand Increase in 2025, Driven by Transportation

OPEC anticipates a global consumption of 105.1 million barrels per day in 2025, driven by growth in transportation, particularly air and road traffic, with continuous growth expected until 2026.
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China starts new coal plants, jeopardizing its climate goals
In 2024, China began building new coal power plants, a decision that threatens its goal of reaching peak carbon emissions by 2030, according to a report published by the Centre for Research on Energy and Clean Air (Crea) and Global Energy Monitor (GEM).
Kazakhstan Strengthens Gas Exports to China in 2025
QazaqGaz and PetroChina have signed an agreement to increase Kazakh gas exports to China in 2025. This expansion is part of a broader strategic energy cooperation between the two countries, further solidifying their commercial and economic ties.
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