Ineos Energy ends all projects in the UK, citing unstable taxation and soaring energy costs, and redirects its investments to the US, where the company has just allocated £3bn to new assets.
Vantage Drilling has finalised a major commercial agreement for the deployment of the Platinum Explorer, with a 260-day offshore mission starting in Q1 2026.
Norwegian company BlueNord has revised downward its production forecasts for the Tyra gas field for the third quarter, following unplanned outages and more impactful maintenance than anticipated.
Sweden's Minesto begins a SEK25mn ($2.26mn) tidal microgrid project in the Faroe Islands, targeting integration with local applications such as electric vehicle charging and industrial processes.
The United Kingdom is set to replace the Energy Profits Levy with a new fiscal mechanism, caught between fairness and simplicity, as the British Continental Shelf continues to decline.
An American-built electric aircraft completed a test flight between Stavanger and Bergen, marking a key step in integrating zero-emission air cargo operations into Norwegian airspace.
Orsted and two U.S. states have taken federal legal action to contest the abrupt halt of the Revolution Wind project, a $5 billion offshore venture now at risk of prolonged suspension.
Following its acquisition of Northvolt’s assets, US-based Lyten has appointed several former executives of the Swedish battery maker to key roles to restart production in Europe.
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.
The Danish Energy Agency confirmed the rejection of 37 feasibility study permit applications, citing European Union state aid rules and lack of competition.
thyssenkrupp nucera has completed the purchase of key assets from Green Hydrogen Systems, strengthening its position in pressurised alkaline electrolysis for industrial hydrogen production.
Norwegian group Scatec has signed a power sales agreement with BTG Pactual for its first solar project in Colombia, representing an estimated $110mn investment.
Swedish renewable energy developer OX2 has appointed Matthias Taft as its new chief executive officer, succeeding Paul Stormoen, who led the company since 2011 and will now join the board of directors.
BW Offshore has been chosen by Equinor to supply the FPSO unit for Canada’s Bay du Nord project, marking a key milestone in the advancement of this deepwater oil development.
Equinor confirms its participation in Ørsted’s capital increase, aiming to maintain its 10% stake and support the financial stability of the Danish group facing headwinds in offshore wind.
Norwegian authorities begin the first regulatory phase for two modular nuclear reactor projects, marking a strategic step in the national review of the potential role of nuclear energy in the country’s power mix.
Swedish company Eco Wave Power has completed testing of its technology at the Port of Los Angeles, reaching a tangible milestone with the launch of its floaters to generate electricity from waves.
Stockholm plans to restart uranium extraction by lifting the 2018 ban, aiming to secure strategic supply chains and support domestic nuclear electricity production.
The French Atomic Energy Commission has signed a letter of intent with start-up Calogena to study the installation of a 30 MW thermal small nuclear reactor at its Cadarache site.
French group Valorem has commissioned the ViIatti wind complex in Finland, made up of two farms totalling 313 MW and an estimated annual output of 1 TWh.
Moscow is ramping up pressure on the investigations into the Nord Stream pipeline explosions, accusing Germany, Denmark, and Sweden of not meeting their obligations under international conventions.
India seeks to stabilize its power grid with a 6,000 MW tender for renewable energy projects coupled with storage solutions. This project aims to reach 500 GW of non-fossil capacity by 2030 and meet peak-hour demand effectively.
Belgium is pushing the European Union to adopt a coordinated ban on imports of Russian liquefied natural gas (LNG), arguing for a legal basis to speed up the phase-out of fossil fuels from Russia.
Norway has launched the world's first commercial CO2 transport and storage service, marking a milestone in the management of industrial emissions in Europe thanks to the Northern Lights project.
Prio is in advanced discussions with Sinochem to acquire a 40% stake in the Peregrino oil field.
The deal, valued at $1.9 billion, could significantly boost Prio's production.
The Johan Castberg field launches a new phase of exploration in the Arctic, vital for Europe's gas future in the face of declining resources in the North Sea.
Shell and Equinor's oil projects in the UK are facing a judicial review initiated by Greenpeace UK, threatening their development in the midst of the energy crisis.
Norway launches the world's first commercial CO2 transport and storage service.
The project could transform emissions management for hard-to-decarbonize industries.
Havfram signs a contract with Luxcara to transport and install 16 18.5 MW turbines at the Waterkant offshore wind farm in Germany's North Sea, with commissioning scheduled for spring 2028.
China opposes US ban on Chinese automotive technologies.
The Chinese Ministry of Commerce expresses its firm opposition to the United States Department of Commerce's plan to ban connected vehicles equipped with Chinese technologies in the United States, denouncing it as a protectionist measure contrary to free market principles.
The KGAL ESPF 6 fund is committed to a major project in Lubmin, aimed at developing a green hydrogen production hub with a capacity of 1,050 MW, thereby strengthening European energy security.
Sweden, despite its considerable offshore wind energy potential, is struggling to structure the development of its projects.
The lack of financial support and strategic planning is slowing down the implementation of installations.
Nuclear power development requires hybrid financial models to overcome cost and investment obstacles.
Industry players are exploring innovative strategies to secure the financing needed for this key sector.
Nuclear-friendly countries are calling on financial institutions and development banks to finance nuclear infrastructure and develop small modular reactors.
AM Green pursues its energy transition strategy with the acquisition of Chempolis Oy.
The aim is to produce 0.5 million tonnes of sustainable aviation fuel (SAF) per year by 2027 using biorefineries.
Fourteen major financial institutions have pledged to support the global expansion of nuclear power to triple its capacity by 2050, marking a key step in the energy transition.
Faced with insufficient demand and high costs, Shell is abandoning its blue hydrogen project in Norway, revealing the industry's difficulties in creating a market for this technology.
Tunisia signs two agreements with foreign companies for the construction of solar power plants in Sidi Bouzid and Tozeur.
These projects are part of the country's energy strategy to increase the share of renewable energies.
