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Sintana Energy acquires Challenger Energy to strengthen offshore assets in Africa
Canada’s Sintana Energy acquires Challenger Energy in a $61mn all-share deal, targeting offshore exploration in Namibia and Uruguay. The move highlights growing consolidation among independent oil exploration firms.
Washington threatens sanctions against countries supporting global maritime carbon tax
The United States has threatened economic sanctions against International Maritime Organization members who approve a global carbon tax on international shipping emissions.

EBRD and Qair in talks for €19mn financing of 100 MW solar plant in Gafsa

The European Bank for Reconstruction and Development is reviewing a loan for a 100 MW photovoltaic project led by Qair in Tunisia, backed by a long-term power purchase agreement with the national utility.
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Gauss Fusion unveils Europe’s first industrial design for a fusion power plant
Gauss Fusion has released a full-scale plan for GIGA, its first commercial fusion power plant, amid Germany’s growing ambition to lead the future energy race.
Bercy veto blocks ABB’s attempt to acquire Legrand
ABB made several attempts to acquire Legrand, but the French government opposed the deal, citing strategic concerns linked to data centres.

Launch of a €400,000 local fundraising campaign for a wind farm in Brittany

Wpd launches a crowdfunding campaign to support the construction of the Bréhand wind farm, aiming to raise €400,000 from residents with a fixed annual interest rate of 7%.
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CVE installs 140 kWc agrivoltaic demonstrator on cattle farm
French independent producer CVE has commissioned an agrivoltaic pilot project in Haute-Loire, aiming to test solar panel integration on a cattle farm ahead of a future 12 MWc installation.
EDF lowers expected output of Flamanville EPR to 1,585 MW
EDF anticipates a 35 MW decrease in output for the Flamanville EPR between 2026 and 2031, citing a degraded performance level with no official technical explanation to date.

French electricity pricing reform raises concerns over increased consumer exposure

A parliamentary report questions the 2026 electricity pricing reform, warning of increased market exposure for households and a redistribution mechanism lacking clarity.
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CMSI opens final consultation on global consolidated mining standard
CMSI launches a public consultation until 17 November to finalise a common mining standard designed to simplify industrial requirements and strengthen global adoption.
Air Liquide invests $50mn to expand its hydrogen network in Texas
Air Liquide announces a $50mn investment to strengthen its hydrogen network on the US Gulf Coast, following long-term contracts signed with two major American refiners.

Gwynt Glas secures key lease for 1.5GW floating wind farm off Welsh coast

Developer Gwynt Glas enters development phase after signing a lease agreement with The Crown Estate, paving the way for a 1.5GW floating offshore wind project in Welsh waters.
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Brussels moves forward with plan to eliminate Russian oil and gas imports by 2028
Ambassadors of European Union member states have approved the transmission of a legislative proposal to phase out Russian fossil fuel imports by January 2028 to the Council of Ministers.
Ineos cuts 60 jobs in the UK and calls for antidumping duties
Amid rising energy costs and a surge in cheap imports, Ineos announces a 20% workforce reduction at its Hull acetyls site and urges urgent action against foreign competition.

France blocks Aquind’s €1.4bn power link project across the Channel

The Seine-Maritime prefecture denies Aquind access to public maritime domain, halting a €1.4bn ($1.47bn) Franco-British power interconnection project.
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Denmark strengthens maritime controls at Skagen Strait amid Russian shadow fleet activity
Denmark is intensifying inspections of ships passing through Skagen, a strategic point linking the North Sea and the Baltic Sea, to counter the risks posed by the Russian shadow fleet transporting sanctioned oil.
United Kingdom opens public consultation on Rolls-Royce modular reactor
The British government has launched a consultation on the regulatory justification request for Rolls-Royce’s modular reactor, a decisive step towards its approval in the country’s nuclear market.

TotalEnergies appoints Nicola Mavilla as global head of exploration

Nicola Mavilla succeeds Kevin McLachlan as TotalEnergies' Director of Exploration, bringing over two decades of international experience in the oil and gas industry.
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VSB France launches 39.9 MW wind farm in Calvados
VSB France begins construction of its largest onshore wind project, a strategic 39.9 MW investment across two municipalities in Calvados, with commissioning scheduled for 2027.
TotalEnergies and Banque des Territoires launch a platform to equip local authorities
TotalEnergies and Banque des Territoires create a joint venture to accelerate the rollout of public electric charging infrastructure in French municipalities, with a focus on urban and suburban areas.
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Wood Mackenzie: the UK can double North Sea reserves without breaching climate limits
Holtec cancels nuclear storage project in New Mexico
ROAD TRHYP project targets 40% cut in hydrogen transport costs
Washington threatens sanctions against countries supporting global maritime carbon tax
Jihadist attacks resume in Palma, threatening TotalEnergies’ gas project in Mozambique
EDF power solutions acquires 500MW hybrid solar project in the UK
EDF power solutions completes the acquisition of the 500MW Gate Burton solar-battery project from the company Low Carbon, strengthening its presence in hybrid photovoltaic-storage solutions in the United Kingdom.
Framatome wins two major contracts to extend Belgian nuclear operations
Framatome has secured two significant contracts from Electrabel covering modernisation and technical support for the Tihange 3 and Doel 4 nuclear reactors, as part of their extension agreed upon between Engie and the Belgian government.

Chloris Geospatial raises $8.5M to scale satellite-based forest carbon monitoring

US-based Chloris Geospatial has raised $8.5M from international investors to expand its satellite-based forest monitoring capabilities and strengthen its commercial position in Europe, addressing growing demand in the carbon market.
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Subsea 7 secures sizeable subsea contract for Egyptian tie-back
The Luxembourg-based group will handle engineering, procurement, commissioning and installation of flexible pipelines and umbilicals to link a new field to Egypt’s existing offshore infrastructure, with offshore work scheduled for 2026.
UK’s Lindsey refinery faces shutdown within three weeks, according to Wood Mackenzie
Lindsey refinery could halt operations within three weeks due to limited crude oil reserves, according to a recent analysis by energy consultancy Wood Mackenzie, highlighting an immediate slowdown in production.

Octopus Energy prepares $14 billion spin-off of Kraken

British firm Octopus Energy is considering a £10 billion spin-off of Kraken Technologies, involving an upcoming minority stake sale, and has initiated preliminary discussions with banks to oversee the strategic operation within the next year.
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Ardian completes Akuo takeover and installs Bruno Bensasson at the helm
Investment fund Ardian finalises its takeover of Akuo and appoints former Électricité de France executive Bruno Bensasson to steer the renewable-energy developer’s growth towards five gigawatts of installed capacity by 2030.
European heatwave lifts power demand by 14 %
A record heatwave in late June–early July pushed up electricity consumption and prices, while unprecedented solar output averted blackouts, Ember reported on 4 July.

France anticipates significant slowdown in emission reductions starting in 2025

French greenhouse gas emissions are expected to rise by 0.2% in the first quarter of 2025, indicating a global slowdown in reductions forecast for the full year, according to Citepa, an independent organisation responsible for national monitoring.
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EDF postpones Calvados wind farm to 2027 due to faulty drilling tool
EDF is delaying the start-up of the Calvados offshore wind farm by more than two years, citing extended adjustments to a drilling tool vital for installing the sixty-four monopile foundations off Courseulles-sur-Mer.
Glencore in talks with London over future of insolvent Lindsey oil refinery
Swiss commodities trader Glencore has initiated discussions with the British government regarding its supply contract with the Lindsey refinery, placed under insolvency this week, threatening hundreds of jobs and the UK's energy security.

TotalEnergies sells 50% of its renewable assets in Portugal for €178.5mn

TotalEnergies is selling half of a 604 MW Portuguese energy portfolio to the Japanese consortium MM Capital, Daiwa Energy and Mizuho Leasing for €178.5mn, retaining operation and future commercialisation of the assets concerned.
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Elcimaï Environnement converts Laon wastewater into marketable biomethane
Elcimaï Environnement has completed a methanisation unit integrated into Laon's wastewater treatment plant, now enabling the conversion of sludge and bio-waste into biomethane injected into the local grid, meeting the annual energy needs of 1,150 households.
Q ENERGY raises €109 million from BPCE Energeco for renewable projects
Q ENERGY France secures a bank financing of €109 million arranged by BPCE Energeco to build four new energy production facilities, totalling 55 MW of wind and solar capacity by the end of 2024.

EDF postpones restart of Flamanville EPR to August 13

EDF extends Flamanville EPR's shutdown to August 13 to conduct technical checks on three valves of the reactor's primary circuit, initially scheduled to resume production this week.
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Singapore sets SAF aviation levy until 2028 despite fuel price volatility
Singapore announces fixed airline ticket levy dedicated to Sustainable Aviation Fuel (SAF) procurement, maintaining unchanged amounts from 2026 to 2028, regardless of significant fluctuations in global fuel prices.
EDF Power Solutions wins major energy storage contract in Japan
EDF Power Solutions has been selected by the Japanese government to build a 110 MW lithium-ion battery after winning a public tender aimed at enhancing the flexibility of the country's electricity grid.

Shell forced to amend two annual reports following EY’s compliance breach

Shell announces amendment of two annual reports after notification by Ernst & Young of non-compliance with SEC auditor partner rotation rules; however, financial statements remain unchanged.
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Westinghouse wins $180mn contract to assemble ITER experimental reactor
Westinghouse Electric Company signs a $180mn contract with ITER Organization to complete the final assembly of the vacuum vessel for ITER’s experimental nuclear fusion reactor, currently under construction in Cadarache, southern France.
DNO secures USD 500 million financing linked to Norwegian gas
Norwegian group DNO ASA signs gas offtake contract with ENGIE and secures USD 500 million financing from a major US bank to guarantee future revenues from its Norwegian gas production.
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