France

The accelerated approval of the Aurora facility’s nuclear safety plan marks a strategic milestone in rebuilding a domestic nuclear fuel production line in the United States.
The removal of two Brazilian refiners and Petrobras’ pricing offensive reshuffle spot volumes around Santos and Paranaguá, shifting competition ahead of a planned tax increase in early 2026.

Natural Gas Services raises 2025 guidance after 14.6% increase in adjusted EBITDA

Natural Gas Services Group reported a strong third quarter, supported by fleet expansion and rising demand, leading to an upward revision of its full-year earnings outlook.
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Shell Pipeline has awarded Morrison the construction of an elevated oil metering facility at Fourchon Junction, a strategic project to strengthen crude transport capacity in the Gulf of Mexico.
IonQ will deploy a quantum computer and entanglement distribution network at the University of Chicago, strengthening its technological presence within the Chicago Quantum Exchange and accelerating its product roadmap.

Delays in U.S. solar projects fall to 20% in Q3

The delay rate for large-scale photovoltaic projects in the United States fell to 20% in Q3 2025, down from 25% a year earlier, despite record growth in installed capacity in 2024.
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An arrest warrant has been issued against Timipre Sylva over the alleged diversion of public funds intended for a modular refinery. This new case further undermines governance in Nigeria’s oil sector.
EDF power solutions has inaugurated a hydrogen pilot plant at the Norte Fluminense thermal power plant, with an investment of BRL4.5mn ($882,000), as part of Aneel's R&D programme.

Gavin Newsom seeks to reposition California as an autonomous player amid US withdrawal

Governor Gavin Newsom attended the COP30 summit in Belém to present California as a strategic partner, distancing himself from federal policy and leveraging the state's economic weight.
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Plug Power plans to generate $275mn by divesting assets and reallocating investments to the data center market, as part of a strategy focused on returns and financial discipline.
Texas-based energy solutions provider VoltaGrid secures record mixed financing to expand its decentralised power generation portfolio, primarily targeting hyperscale data centres.

Enveniam appointed lead integrator for LIST Technologies’ laser uranium enrichment project

US-based Enveniam has signed an agreement with LIS Technologies Inc. to oversee the design and construction of a new laser-based uranium enrichment facility on American soil.
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In New York, Chevron outlines its long-term vision following the Hess integration, focusing on financial stability, spending reduction, and record production to consolidate investor confidence.
Faced with shorter approval timelines, several European nuclear firms, including Newcleo, Orano and Urenco, are considering relocating key industrial investments to the United States.

Sofia secures Lukoil refinery ahead of planned state takeover

The Bulgarian government has increased security around Lukoil’s Burgas refinery ahead of a state-led takeover enabled by new legislation designed to circumvent international sanctions.
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Facing surging computing needs, US tech leaders are hitting an energy wall that slows down data centre construction and revives demand for gas and coal.
Quino Energy secures $16mn in funding to scale global production of its organic electrolytes, with strategic support from investor Atri Energy Transition.

Jinhong Gas invests in Spain with a strategic cryogenic unit

Chinese group Jinhong Gas finalises a new industrial investment in Spain, marking its first European establishment and strengthening its global strategy in the industrial gas sector.
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Fusion Fuel Cycles has begun work on its UNITY-2 facility, a unique test bench designed to validate the full tritium fuel cycle under fusion conditions, marking a key step toward fusion energy.
Nineteen countries, led by Brazil, Italy, Japan and India, aim to quadruple sustainable fuel production by 2035, marking a major industrial and regulatory challenge for global energy and transport supply chains.
Independent power producer UNITe has been selected to develop two solar power plants on municipal land in Avèze and Malauzat, following a call for tenders by the French Energy Regulatory Commission.
Viridien takes a strategic stake in Mantle8 to boost natural hydrogen exploration across Europe, the Middle East and Africa by combining geological data and seismic detection technologies.

Vallourec signs $1bn contract with Petrobras for Brazilian offshore operations

French steel tube manufacturer Vallourec has secured a strategic agreement with Petrobras, covering complete offshore well solutions from 2026 to 2029.
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A report by Rhodium Group anticipates stagnation in US emissions, a result of the political shift favouring fossil fuels since Donald Trump returned to office.
Brussels confirms its target to end all Russian energy imports by 2028, despite growing diplomatic pressure from Washington amid the ongoing conflict in Ukraine.

IEA warns of 3.3 million barrel oil surplus in 2026

Increased output from Opec+ and non-member producers is expected to create a global oil surplus as early as 2025, putting pressure on crude prices, according to the International Energy Agency.
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The Brazilian company expands its African footprint with a new offshore exploration stake, partnering with Shell and Galp to develop São Tomé and Príncipe’s Block 4.
Iberdrola strengthens its presence in Brazil by acquiring PREVI’s stake in Neoenergia for BRL11.95bn, raising its ownership to 84%.

Trump links new sanctions against Moscow to halting Russian oil in NATO

Donald Trump threatens to escalate US sanctions against Russia, but only if NATO member states stop all Russian oil imports, which remain active via certain pipelines.
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The US government has requested the judicial cancellation of the federal permit granted in 2024 for an offshore wind project, citing impacts on commercial fishing and maritime rescue operations.
The divide between the United States and the European Union over regulations on Russian oil exports to India is causing a drop in scheduled deliveries, as negotiation margins tighten between buyers and sellers.

JERA targets 20-year contract for Alaskan LNG with Glenfarne

Japanese giant JERA has signed a letter of intent to purchase one million tonnes of LNG per year from Alaska, as part of a strategic energy agreement with the United States.
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Roraima, the last state not connected to Brazil’s national grid, has been linked through a publicly funded project launched over 14 years ago.
Against market expectations, US commercial crude reserves surged due to a sharp drop in exports, only slightly affecting international prices.

Hull Street Energy acquires 13 hydroelectric dams in Michigan

Hull Street Energy has signed an agreement to acquire thirteen hydroelectric dams from Consumers Energy, totalling 132 MW, further consolidating its position in the North American hydro sector.
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US-based Madison secures $800mn debt facility to finance energy infrastructure projects and address rising grid demand across the country.
Solar and storage accounted for 82% of new U.S. power capacity in early 2025, despite federal measures slowing their expansion.

Chevron and HelleniQ Energy submit joint bid for four gas blocks off Crete

US-based Chevron has submitted a bid with HelleniQ Energy to explore four offshore blocks south of Crete, marking a new strategic step in gas exploration in the Eastern Mediterranean.
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Statkraft France won a 15.5 MWc solar project in Mourmelon-le-Grand during the latest national tender round, bringing its total awarded capacity to nearly 70 MWc in less than a year.
GTT has been selected by Samsung Heavy Industries to design cryogenic tanks for a floating natural gas liquefaction unit, scheduled for deployment at an offshore site in Africa.