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European Refineries Targeted by Green Hydrogen Regulation for 2030
The European Union’s regulatory framework mandates green hydrogen integration in refineries, generating projected demand of 0.5 million tonnes by 2030.
Qair secures USD 5.7 million financing for floating solar plant in Seychelles
Developer Qair secures a loan from the Facility for Energy Inclusion to build a 5.8 MWp floating photovoltaic solar plant in Providence Lagoon, the first utility-scale project of its kind in Seychelles.

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.
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Energiekontor issues a €15 million green bond for its European projects
Energiekontor launches a €15 million corporate bond at 5.5% over eight years, intended to finance wind and solar projects in Germany, the United Kingdom, France, and Portugal.
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.

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.
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SNF acquires Obsidian Chemical Solutions and strengthens its foothold in the Permian Basin
SNF acquires Obsidian Chemical Solutions, a Texas-based SME specialized in chemical solutions for well completion. Transaction amount and conditions undisclosed, but the acquisition comes in a growing North American market.
Equinix secures 20 Radiant microreactors and a nuclear deal in the Netherlands
Equinix signed a preorder for 20 Kaleidos nuclear microreactors and a letter of intent for a power purchase agreement with ULC-Energy, reinforcing its energy supply strategy for its data centers.

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.
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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.
MARA invests $168mn to acquire 64% stake in EDF’s subsidiary Exaion
MARA strengthens its presence in digital infrastructure by acquiring a majority stake in Exaion, a French provider of secure high-performance cloud services backed by EDF Pulse Ventures.

Melvan secures €4.26mn for three photovoltaic projects in France

Melvan obtains €4.26mn in bank financing to develop three solar power plants totalling 3.9 MWp, with construction scheduled to start in the second half of 2025.
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International Petroleum buys back 98,900 shares under its 2025 programme
International Petroleum Corporation repurchased 98,900 common shares between August 4 and 8, 2025, as part of its ongoing share buyback programme.
Vantage Drilling completes sale of Tungsten Explorer to joint venture with TotalEnergies
Vantage Drilling has sold the Tungsten Explorer drilling vessel to a joint venture with TotalEnergies, while retaining its operational management for a minimum period of ten years.

Gravelines’ six reactors shut down after massive jellyfish invasion

The Gravelines nuclear power plant, the largest in Western Europe, halted all production after its cooling systems were obstructed by an unexpected influx of jellyfish. EDF plans a gradual restart in the coming days.
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Entech signs €5mn contract for storage system in Loire-Atlantique
Entech will deliver a 20 MWh battery storage system in Loire-Atlantique under an agreement that includes a twenty-year maintenance contract.
IAEA Dispatches Envoy to Tehran to Negotiate New Nuclear Framework
A senior official from the UN agency begins technical discussions with Iran on Monday, the first meeting since June strikes on Iranian nuclear sites.

Boralex reports a decline in EBITDA in Q2 despite increased production

Boralex saw its earnings before interest, taxes, depreciation and amortization fall by 13% in the second quarter of 2025, despite a 14% increase in production, due to less favourable prices in France and lower revenues from joint ventures.
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Mozambique: TotalEnergies Faces Security Dilemma Before LNG Project Restart
Jihadist attacks in Cabo Delgado displaced 59,000 people in July, threatening the restart of the $20 billion gas project planned for August 2025.
Surveys for Kazakhstan’s first nuclear power plant enter active phase
Field studies to determine the location of Kazakhstan’s first nuclear power plant have begun near the village of Ulken, marking a key stage in a project led by Rosatom.
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Next Bridge Raises $6 Million to Fund Panther Project in Louisiana
European Refineries Targeted by Green Hydrogen Regulation for 2030
Aker BP quadruples estimates for Omega Alfa field in the North Sea
NANO Nuclear Advances to Final Round of US Army’s xTechSearch 9 Competition
Vattenfall selects GE Vernova and Rolls-Royce for future nuclear reactors
EDF faces government dispute over nuclear financing and industrial electricity prices
Luc Rémont's departure exposes ongoing disagreements between EDF and the French State over electricity pricing for industry and the financing terms of the nuclear programme.
Global energy demand surged by 2.2% in 2024, driven by electricity
Global energy consumption growth doubled in 2024 compared to its ten-year average, fuelled by rising electricity use in advanced and emerging economies, according to a report by the International Energy Agency.

TotalEnergies sues Yannick Jadot for defamation over accusations linked to Russian operations

Senator Yannick Jadot appears in court in Paris for defamation after accusing TotalEnergies of being “an accomplice to war crimes” due to its presence in Russia in 2022.
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France: Citizens fund €24 mn wind farm in Ille-et-Vilaine
In Martigné-Ferchaud, a group of citizens invested in a wind farm with an annual capacity of 36 GWh, raising €520,000 from a total €24 mn budget, with operations set to begin in May.
Greenpeace ordered to pay $665 million to Energy Transfer after pipeline dispute
A North Dakota jury ordered Greenpeace to pay more than $665 million to Energy Transfer, triggering international reactions denouncing an attack on freedom of expression.

EDF reshuffles leadership amid industrial dispute over electricity pricing

Luc Rémont is replaced as head of EDF as French manufacturers criticise a pricing strategy seen as incompatible with national industrial competitiveness.
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Luc Rémont steps down from EDF after two years of tensions with state shareholder
Luc Rémont will not be reappointed as Chairman of Électricité de France, two years after his nomination, despite record profits in 2024 and the revival of the nuclear fleet.
Bernard Fontana appointed to lead EDF and steer its industrial strategy
The French government has appointed Bernard Fontana to lead EDF, relying on his experience in nuclear energy and energy-intensive industries, amid strategic restructuring and rising tariff pressures.

Brookfield finalises the acquisition of Neoen and becomes the majority shareholder

Brookfield has completed the acquisition of 97.73% of Neoen, a French renewable energy producer, and has initiated the process to withdraw the company from the Paris Stock Exchange.
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Declining gas stocks and rising prices: Europe on the defensive in 2025
In 2025, Europe faces gas reserves well below usual levels, leading to rising prices and increased pressure on industrial competitiveness amid geopolitical and climatic tensions.
TotalEnergies aims to secure its green hydrogen supply by 2026
TotalEnergies has secured 200,000 tonnes of green hydrogen and plans to complete the supply of 500,000 tonnes needed for its European refineries by the end of 2026.

BayWa r.e. secures €435 million financing for its strategic transformation

BayWa r.e. has secured €435 million in financing to support its transformation process, with the backing of its shareholders and financiers. The transaction is expected to be finalised in the second quarter of 2025.
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Eiffage Énergie Systèmes and Sunrock conclude a partnership to install four photovoltaic plants in France
Eiffage Énergie Systèmes and Sunrock announce the signing of contracts for the installation of four photovoltaic plants on logistics buildings, representing a total installed capacity of 12.5 MWc.
Octopus Energy invests in four new renewable energy projects in France
Octopus Energy Generation announces four new investments in renewable energy in France, bringing the total capacity of its assets in the country to over 500 MW, with a target of one billion euros invested by 2025.

BayWa r.e. finalises sale of solar projects in France with a total capacity of 127 MWp

BayWa r.e. has completed the sale of a solar project portfolio in France with a total capacity of 127 MWp, marking a strategic development in its renewable asset portfolio.
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Harmony Energy sells 200 MW energy storage project to EDF Renewables Polska
Harmony Energy has completed the sale of a 200 MW battery energy storage project to EDF Renewables Polska, strengthening its position in the Polish market while supporting the country’s energy transition.
France: Fabrice Coudour takes over FNME-CGT, a key union in the energy sector
The National Federation of Mines and Energy of the General Confederation of Labour (FNME-CGT) has elected Fabrice Coudour as secretary general. He succeeds Sébastien Ménesplier and inherits strategic issues, including the opening of hydropower concessions to competition.

Nexans sells its industrial division Lynxeo to Latour Capital for 525 million euros

Nexans has announced that it has entered into exclusive negotiations with the investment fund Latour Capital for the sale of Lynxeo, its industrial cable division, for an amount of 525 million euros. This transaction is part of the group’s strategy to focus on electrification.
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France: Carester launches rare earth recycling plant in Lacq with €216 mn funding
Lyon-based company Carester has begun construction of a rare earth recycling and refining plant in Lacq, Pyrénées-Atlantiques, after securing €216 million in funding from the French government and Japanese partners. The site, named Caremag, is set to begin operations by the end of 2026.
France: uncertainties and challenges in industrial transformation at Fos-sur-Mer
In Fos-sur-Mer, the transformation of the industrial-port zone into a low-carbon industrial hub raises both ambitions and questions. Despite announced investments, challenges related to infrastructure, energy, and timelines remain significant.
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