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Global wind sector targets 2 TW installed capacity by 2030 despite uncertainties
Driven by China's acceleration, global wind capacity is expected to reach 170 GW in 2025, paving the way for a doubling of installed capacity by 2032.
BlackRock and partners target $10.3 billion for Aramco gas deal financing
A consortium led by BlackRock is in talks to raise up to $10.3 billion to finance a gas infrastructure deal with Aramco, including a dual-tranche loan structure and potential sukuk issuance.

Germany urges European Union for more flexibility on 2035 combustion car ban

Berlin questions the ban on sales of combustion cars from 2035, as German automakers warn of economic and industrial risks for the country.
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Union strike threatens fuel deliveries from Dangote refinery
Nigeria’s two main oil unions have halted loadings at the Dangote refinery, contesting the rollout of a private logistics fleet that could reshape the sector’s balance.
The inner dome of Haiyang 4 reactor successfully installed in China
The steel dome of the CAP1000 Haiyang 4 reactor has been positioned, a major construction milestone paving the way for upcoming maintenance and technical installation phases.

BW Energy raises $365mn for Maromba FPSO and secures drilling rig

BW Energy has finalised a $365mn financing for the conversion of the Maromba FPSO offshore Brazil and signed a short-term lease for a drilling rig with Minsheng Financial Leasing.
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Hydrogen surpasses USD110 billion in committed investments across more than 500 projects
Over 500 hydrogen projects are now under construction or operational worldwide, with total committed investments reaching USD110 billion, representing an increase of USD35 billion in one year.
Two sanctioned Russian LNG carriers deliver to China despite restrictions
The Voskhod and Zarya vessels, targeted by Western sanctions, departed China’s Beihai terminal after potentially offloading liquefied natural gas from the Arctic LNG 2 project.

Iran seeks to revive oil production amid threat of renewed sanctions

Ayatollah Ali Khamenei calls for modernising the oil industry and expanding export markets as Tehran faces the possible reactivation of 2015 nuclear deal sanctions.
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StarCharge seals 1 GWh deal in India with Prozeal Green Energy
StarCharge has signed a contract to supply 1 GWh of battery energy storage systems to Prozeal Green Energy, strengthening its presence in the Indian market and continuing its international expansion.
Ottawa allocates $370mn to support Canadian canola sector amid Chinese tariffs
The federal government is granting $370mn to Canadian canola producers affected by a 75.8% tariff imposed by China, and is introducing fiscal and regulatory measures to strengthen the domestic biofuel industry.

Greek shipowners cut Russian crude links under new compliance rules

Greek shipping companies are gradually withdrawing from transporting Russian crude as the European Union tightens compliance conditions on price caps.
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NatPower Marine and Wah Kwong launch electric port network across 30 Asian ports
NatPower Marine and Wah Kwong create a joint venture to deploy a maritime electric charging network in over 30 Asian ports by 2030, without requiring initial public investment.
Envision Energy signs exclusive agreement for 4.5 GW wind project in Turkey
The Chinese turbine manufacturer has signed a strategic agreement with Mensis Enerji to develop an initial 4.5 GW wind power portfolio in Turkey, strengthening its position in a fast-growing regional market.

China redefines electric vehicle strategy around technological innovation

Faced with falling margins and overcapacity, Beijing is restructuring its electric vehicle industry by focusing on quality, standards, and technological upgrading.
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UAE energy undersecretary visits Tellus Power in Hong Kong
The visit marks a new step in the cooperation between the United Arab Emirates and Tellus Power, aiming to establish an EV charging station production unit in the Gulf.
Envision Energy enters Turkish market with 232 MW wind project
Envision Energy launches its first project in Turkey in partnership with Yildizlar Group, adding 232 MW to the national wind capacity in Karaman province.

CNOOC starts Wenchang 16-2 oilfield project to strengthen investments

CNOOC has launched production at the Wenchang 16-2 field in the South China Sea, supported by 15 development wells and targeting a plateau of 11,200 barrels of oil equivalent per day by 2027.
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ABO Energy cuts costs and accelerates wind project sales
ABO Energy maintains its annual targets despite a drop in half-year profit, relying on cost-cutting measures and early project sales to secure cash flow.
Taiwan denounces deployment of 12 Chinese oil platforms in its waters
Taiwan accuses China of illegally installing twelve oil structures in the South China Sea, fuelling tensions over disputed territorial sovereignty.
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Orazul Energy launches cash tender offer for its 2027 notes
Iraq in talks with ExxonMobil for refining capacities in Asia
Greek shipowners cut Russian crude links under new compliance rules
NatPower Marine and Wah Kwong launch electric port network across 30 Asian ports
Envision Energy signs exclusive agreement for 4.5 GW wind project in Turkey
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.

Geopolitical tensions threaten the supply of critical minerals

Trade restrictions and the concentration of critical mineral supply expose supply chains to increasing risks. Despite a currently well-supplied market, the IEA warns of future shortages that could impact strategic industries.
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Major Economies Delay the Publication of Their Climate Strategies
The majority of countries have not submitted their new climate roadmaps to the UN before the February 10 deadline. This delay raises questions about the priorities of major economies amid geopolitical shifts and economic uncertainty.
China: Beijing Accelerates the End of Renewable Energy Subsidies
The National Development and Reform Commission (NDRC) has announced a reduction in renewable energy subsidies in China. New projects will now have to sell their electricity at market prices, marking a transition to a more autonomous economic model.

CNOOC launches production at Bozhong 26-6 oilfield in Bohai Sea

CNOOC Limited has announced the start of production for Phase I of the Bozhong 26-6 oilfield development project, located in Bohai Bay. With an expected production capacity of 22,300 barrels of oil equivalent per day in 2025, this strategic project strengthens China's energy supply.
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Nigeria accelerates lithium extraction amid global demand
In Nasarawa State, Nigeria, lithium extraction is intensifying due to the rising demand for this strategic mineral. Between artisanal operations and foreign investments, the sector is developing despite regulatory challenges and local tensions.
Thailand Cuts Electricity Supply to Myanmar, Impact on Energy Flows
Thailand's decision to cut electricity supply to several Myanmar border towns affects bilateral energy trade. With a loss of $1.5 million per month, this measure raises questions about the future of regional supply contracts.

Russia: IAEA Praises Safety Efforts at Novovoronezh Nuclear Power Plant

A mission from the International Atomic Energy Agency (IAEA) has assessed safety practices at the Novovoronezh nuclear power plant, operated by Rosatom. The audit highlighted advancements in operational safety while recommending targeted improvements.
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Trade War: China Imposes Tariffs on U.S. Hydrocarbons in Retaliation
China is imposing new tariffs on U.S. hydrocarbons and coal in response to Washington’s reinforced duties. This escalation intensifies trade tensions between the two powers and raises major strategic stakes in the energy sector. ##
OPEC+ maintains production increase despite pressure from Trump
OPEC+ continues to increase its oil production, responding to global demand while ignoring Donald Trump's calls to slow down the rise. This decision to maintain the production increase schedule has direct implications for global markets.

U.S. Tariffs: Impact on the Global Energy Industry

The recent changes in U.S. tariff policies could affect the global energy industry, particularly trade in key products such as natural gas and renewable energy equipment.
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Saudi Arabia: Saudi Aramco Adjusts Prices in Response to Asian Demand
Saudi Aramco plans to raise its official selling prices (OSP) in March, driven by China’s economic recovery and the redirection of Russian oil flows. Asian refiners are adapting to these new dynamics, influencing premiums on Middle Eastern crude.
The EU Strengthens its Emergency Measures for Vehicle Electrification
The European Union launches an emergency consultation with automakers to accelerate the transition to electrification in response to current competitive and regulatory challenges.
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