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ConocoPhillips raises dividends despite soaring Willow project costs

The US group increased its dividend and annual production forecast, but the $1.5bn rise in costs for the Willow project in Alaska is causing concern in the markets.

ExxonMobil takes 60% stake in gas exploration permit in Greece’s Ionian Sea

ExxonMobil joins a Greek energy consortium to explore a gas field in the Ionian Sea, strengthening its presence in the Eastern Mediterranean after Chevron, amid post-Russian energy diversification efforts.

Vestas boosts quarterly profit and announces €150mn share buyback

The Danish wind turbine manufacturer doubled its net profit in the third quarter despite complex market conditions, supported by increased onshore deliveries and order growth.
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Engie maintains its 2025 targets despite pressure on energy prices

Engie maintains its 2025 earnings guidance despite falling energy prices and weaker hydro output, relying on its performance plan and a stronger expected fourth quarter.

Mitsubishi Gas Chemical secures 1mn tonnes of low-carbon methanol from Transition Industries

Transition Industries signed a long-term purchase agreement with Mitsubishi Gas Chemical for the annual supply of 1mn tonnes of ultra-low carbon methanol starting in 2029, from its Pacifico Mexinol project in Mexico.

BridgePeak grants $144mn loan for 112.5MW solar farm in North Carolina

Developer Headwater Energy secured $144mn in financing arranged by BridgePeak Energy Capital to build a 112.5MW solar plant, expanding its portfolio in the southeastern United States.
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Creekstone Energy raises funds for 10 GW AI energy campus in Utah

The funding round led by Trident Ridge and Pelion Ventures will allow Creekstone Energy to launch construction of its hybrid-generation site designed for AI-optimised data centres.

ONE Nuclear outlines its strategy ahead of expected 2026 public listing

ONE Nuclear Energy publishes a virtual presentation for investors detailing its industrial vision, ahead of its merger with Hennessy Capital Investment Corp. VII expected in the first half of 2026.

Support for nuclear grows in the US as coal plants are repurposed

A majority of Americans now back nuclear energy, with strong approval for converting coal plants into nuclear sites and increasing public investment in sector technologies.
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Thermal Energy secures CAD1.5mn in industrial heat recovery contracts

Thermal Energy International has won two new turnkey projects worth a total of CAD1.5mn ($1.09mn) from a global nutrition group, strengthening a collaboration initiated in 2019.

Plus Power secures $160mn for two battery storage projects in New England

Plus Power secured $160mn in tax equity investments from Morgan Stanley to fund two battery storage facilities in Massachusetts and Maine, the largest ever developed in New England.

Nel ASA secures over $50mn PEM order for two hydrogen projects in Norway

Norwegian group Nel ASA has received a firm order worth over $50mn to supply its PEM electrolysers for two green hydrogen production units in Florø and Eigersund.
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The liquid hydrogen micro-storage systems market to reach $738.6mn by 2034

Driven by aerospace, industrial gas, and hydrogen investment, the global liquid hydrogen micro-storage systems market is projected to grow 9% annually through 2034.

Mass Megawatts launches hydroelectric technology with two-year return on investment

Mass Megawatts unveils a new low-cost hydroelectric system with a payback period of under two years at optimal sites, relying on modular structures and standardised components.

Air Products posts $394mn net loss in 2025 and streamlines energy project portfolio

The US group reported a $877mn operating loss for fiscal year 2025, impacted by $3.7bn in charges related to project exits and restructuring.
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Matrix Renewables inaugurates 284 MW solar power plant in Texas

Matrix Renewables and SOLV Energy have completed construction of the Stillhouse Solar plant, a 284 MW project in Bell County, representing over $370mn in private investment and 320 jobs created.

Despite ARCHES shutdown, public investment in hydrogen continues in California

The suspension of ARCHES is not slowing hydrogen initiatives in California, where public authorities are accelerating projects for production, transport and use of the fuel in local infrastructure.

Diamondback Energy generates $1.8bn in free cash flow in Q3 2025

With average oil production of 503,750 barrels per day, Diamondback Energy strengthens its profitability and continues its share buyback and strategic asset divestment programme.
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ONE Gas narrows 2025 guidance after 37% rise in quarterly profit

ONE Gas posted higher third-quarter 2025 results with a net income increase, while adjusting its annual earnings forecast and maintaining investments in gas infrastructure expansion.

Constitution pipeline could generate $11.6bn in savings in the US Northeast

Construction of the Constitution pipeline would reduce gas price volatility in the US Northeast, while generating up to $4.4bn in regional gross product and nearly 2,000 jobs per year.

Scout Clean Energy completes construction of Nimbus wind farm in Arkansas

The 180 MW Nimbus wind project enters its final phase of construction in Arkansas, with commercial operation scheduled for early 2026.

Rising electricity demand in Texas reshapes ERCOT’s energy mix

ERCOT’s grid adapts to record electricity consumption by relying on the growth of solar, wind and battery storage to maintain system stability.

Helion secures key permit for Orion fusion power plant in the United States

Helion Energy’s Orion fusion power plant project moves forward with a construction permit in Washington State, reinforcing the company’s industrial ambitions for a commercial launch in 2028.
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BP restarts Whiting refinery after power outage and fire

Operations at BP’s 440,000 barrel-per-day Whiting refinery have resumed following a temporary shutdown caused by a power outage and a minor fire incident.

LanzaTech amends LanzaJet agreements to strengthen strategic control

LanzaTech has signed revised agreements with LanzaJet’s shareholders, increasing its equity stake and extending its technology licensing rights through 2031.

Eni phases its biorefineries to 1.65 Mt/y and secures financing

Enilive aligns conversions in Italy, hubs in Asia and U.S. diversification, with rising HVO margins, integrated pretreatment and HVO/SAF offtakes tied to European requirements, supporting volumes, site utilization and operational guidance.
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Hungary seeks to maintain Russian oil imports despite sanctions

Viktor Orban says he is working to bypass recent US sanctions targeting Rosneft and Lukoil, underscoring Hungary’s continued reliance on Russian hydrocarbons.

Menlo Digital launches construction of 48 MW data centre in Virginia

Menlo Digital has started construction on its MD-DC1 data centre in Herndon, marking a key step in its national development programme exceeding 1.8 GW.

Caracas demands full payment for gas extracted from the Dragon field

Venezuela demands full financial compensation for any gas exports from the offshore Dragon field, reactivated following U.S. authorisation granted to Trinidad and Tobago.
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Washington hits Rosneft and Lukoil, EU tightens, Brent climbs

U.S. sanctions targeting Rosneft and Lukoil trigger a rebound in oil, while the European Union prepares a clampdown on liquefied natural gas and maritime logistics, with immediate repercussions for markets and Russia’s export chain.

Vema Hydrogen joins California public hydrogen programme with its EMH technology

Vema Hydrogen has been named a qualified supplier by the First Public Hydrogen Authority to deliver clean hydrogen at industrial scale to California’s public and private infrastructure.

NANO Nuclear acquires Global First Power and expands microreactor presence

NANO Nuclear strengthens its North American strategy by acquiring Global First Power in Canada, securing regulatory rights for its KRONOS MMR™ project at Chalk River.
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Vistra acquires 2.6 GW gas portfolio from Lotus Infrastructure

Vistra Corp. finalises the purchase of seven natural gas power plants totalling 2.6 gigawatts, strengthening its presence in key US electricity markets.

UNEP, EU and Japan frame methane: 12% responses, LNG under pressure

Rising responses to UNEP’s satellite alerts trigger measurement, reporting and verification clauses; the European Union sets import milestones, Japan strengthens liquefied natural gas traceability; operators and steelmakers adjust budgets and contracts.

Sumit Majumdar joins Verite Capital Partners as Energy Director and Limited Partner

Buffalo Biodiesel CEO Sumit Majumdar expands his reach in private equity by joining Verite Capital Partners, a firm focused on backing growth companies and underserved markets.
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T1 Energy raises $72mn through direct offering to US institutional investors

T1 Energy secured $72mn via a direct offering of over 22 million common shares, aiming to strengthen its cash position and fund energy technology and infrastructure projects.

Cypress Creek secures $190mn financing for hybrid solar project in Colorado

US developer Cypress Creek Renewables has closed financing for the Sundance project, combining 75MWac of solar with 200MWh of storage, with commissioning expected by late 2026.

Ampliform secures $165mn loan to accelerate US solar projects

US-based solar developer Ampliform secured a loan facility of up to $165mn to support large-scale energy projects in key regional markets, with a focus on the PJM grid.
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Arizona State University launches global energy institute with $50mn donation

The American university unveils a new institute focused on the future of energy, funded by a $50mn gift from Robert Zorich, managing partner of EnCap Investments, to support applied research and training of new experts.

GameChange secures over 380 MW of solar projects under revised tax rules

More than 75 solar projects in the United States were tax-sheltered in Q2 through GameChange BOS transformers, responding directly to new U.S. Treasury requirements.