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Esso France shareholders approve sale to North Atlantic and €774mn dividend

Esso France shareholders, mostly controlled by ExxonMobil, approved the sale to Canadian group North Atlantic and a €774mn special dividend set for payment on 12 November.

EDF finalises Sizewell C funding with two major public loans

The UK’s Sizewell C project reaches a key milestone with a financing boost from EDF, including a loan guaranteed by Bpifrance and backing from the National Wealth Fund, with an estimated total cost of GBP38bn ($48.19bn).

CMA CGM announces the registration of ten giant container ships under the French flag

CMA CGM is commissioning ten new giant container ships under the French flag. These LNG-powered vessels aim to strengthen France's maritime competitiveness while supporting the sector's energy transition.
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NGE and Sade win contract for cooling system networks of EPR2 reactors

NGE, through its subsidiary Sade, has won the contract for the cooling system networks (SEC) of six EPR2 reactors in France, a key project for nuclear safety and industrial innovation.

France: MPs Reject Tax Increase on E85 and B100 Fuels

The French National Assembly rejected proposed tax increases on E85 and B100 biofuels in the 2026 budget after strong opposition from the agricultural and transport sectors.

BP multiplies its net profit by five in the third quarter despite lower prices

BP reported a net profit of $1.16 billion in the third quarter, five times higher than in 2024, thanks to strong results in refining and distribution, despite a decline in oil prices.
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The examination of Global Bioenergies’ takeover bids postponed to November 24

The Commercial Court of Evry has delayed the review of takeover bids for Global Bioenergies, raising the possibility of judicial liquidation if no buyer emerges by November 12 at noon.

The French State activates the IEF control on Exaion’s sale to American Mara

The government confirmed that the majority sale of Exaion by EDF to Mara will be subject to the foreign investment control procedure, with a response expected by the end of December.

Qatar threatens to suspend LNG exports to Europe over CSDDD directive

Qatar warns it could halt its liquefied natural gas (LNG) deliveries to the European Union if the CSDDD directive is not softened, a move that reignites tensions surrounding Brussels' new sustainability regulations.
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EU bans Russian LNG, Arctic bottlenecks and clauses under strain

The gradual ban on Russian cargoes reshapes European flows, increases winter detours via the Northern Sea Route and shifts risk toward force majeure and “change of law,” despite rising global capacity. —

France: Tenergie installs a 270 kWc solar plant on a quarry site in Bouches-du-Rhône

Tenergie renovated the roof of an industrial hangar at a limestone quarry in Bouches-du-Rhône and installed a 270 kWc solar plant under a 25-year lease agreement with no upfront cost for the company.

Baltic Storage Platform secures €85.6mn for large-scale battery project in Estonia

Baltic Storage Platform secures a record €85.6mn ($90.6mn) to develop two battery energy storage sites in Estonia, marking the first such financing in the Baltics based solely on storage revenue streams.
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Vallourec secures over 20,000-ton pipeline contract in Brazil

The French group will supply carbon steel pipelines to TechnipFMC for the offshore Orca project, strengthening its strategic position in the Brazilian market.

France: REDEN commissions a 3-hectare agrivoltaic greenhouse in Ariège

Energy group REDEN has commissioned a 3-hectare agrivoltaic greenhouse in Montaut, Ariège, combining specialised agricultural production and electricity generation on a single family-run site.

Hyd’Occ brings together hydrogen stakeholders in Béziers ahead of launch

Ahead of Hyd’Occ’s commissioning, Qair hosts hydrogen sector operators and decision-makers in Béziers to coordinate the industrial integration of local production into regional transport.
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Shanghai Electric delivers giant components for CRAFT and ITER projects

Shanghai Electric strengthens its position in the global nuclear fusion supply chain with strategic equipment deliveries for the ITER project in France and CRAFT in China.

G7 launches over 20 projects to counter Chinese influence on critical minerals

Meeting in Canada, G7 energy ministers unveiled a series of projects aimed at securing supply chains for critical minerals, in response to China’s restrictions on rare earth exports.

Enedis commits €250mn to upgrade Marseille’s electricity network

Enedis plans a €250mn ($264mn) investment to strengthen Marseille’s electricity grid by 2030, including the full removal of paper-insulated cables and support for the port’s electrification.
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Framatome to upgrade Tihange 3 reactor as part of Belgian extension plan

Electrabel has entrusted Framatome with upgrading the control system of the Tihange 3 reactor, reinforcing Belgium’s nuclear extension strategy launched in 2023.

Baltic Storage Platform secures €85.6mn for dual battery project in Estonia

Joint venture Baltic Storage Platform has secured €85.6mn ($90.7mn) to build two energy storage systems in Estonia, forming one of continental Europe’s largest battery complexes.
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G7 launches over 20 projects to counter Chinese influence on critical minerals
Global warming heads toward 2.5°C despite commitments
CMA CGM announces the registration of ten giant container ships under the French flag
EDF finalises Sizewell C funding with two major public loans
ACWA Power signs $10bn in energy and financing deals at FII9

Major companies pledge to triple global nuclear capacity by 2050

A group of technology and energy companies, along with 31 countries, has signed a pledge to triple global nuclear capacity by 2050, supporting a strategic expansion of this energy source.

UK: 3.6% reduction in emissions in 2024, coal usage at historic low

UK greenhouse gas emissions decreased by 3.6% in 2024, marking a slowdown in the pace of reduction. The end of coal usage in electricity production and the rise in electric vehicles contributed to this trend.

More than 160 Senators Call for a Revision of the French Multi-Year Energy Programme

More than 160 senators from the right and centre have urged François Bayrou to suspend the publication of the third Multi-Year Energy Programme (PPE 3), criticizing its lack of a comprehensive vision and calling for greater parliamentary involvement in defining the energy mix.
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Tesla plans to double its production in the United States by 2027

Elon Musk announced that Tesla will increase its electric vehicle production in the United States over the next two years. This statement comes as the company faces declining sales and stock market volatility.

Viridien raises $925 million to refinance its debt

Viridien S.A. has completed a $925 million senior secured bond issuance to refinance its second-lien debt and strengthen its liquidity profile. Rating agencies have upgraded their assessments following this transaction.

Newcleo and Danieli Sign Nuclear Partnership to Decarbonize European Steel Industry

Newcleo and Danieli have signed a strategic agreement to integrate advanced nuclear reactors into steel production processes, aiming to eliminate fossil fuel use amid rising energy costs in Europe's industrial sectors.
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La Réunion Converts Waste into Electricity to Aim for Energy Independence

An energy recovery facility is expected to transform 240,000 tons of waste annually into electricity, covering 10% of local energy needs and reducing the island's external energy dependence.

France: CRE calls for tariff adjustments to stabilize the market

The French Energy Regulatory Commission has requested government modifications to new tariff provisions aimed at small photovoltaic installations to prevent economic instability for sector professionals.

Orano secures €400M loan from EIB for uranium enrichment plant expansion

Orano has secured a €400 million loan from the European Investment Bank to finance the expansion of its Georges Besse II uranium enrichment plant at Tricastin, aiming to increase its capacity by 30% by 2028.
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Velto Renewables and Q ENERGY join forces to acquire 530 MW in Europe

Velto Renewables, backed by Caisse de dépôt et placement du Québec (CDPQ), and Q ENERGY have signed an agreement to acquire renewable energy projects in Europe. An initial portfolio of 130 MW has been acquired in France, with an additional 400 MW planned in Spain and Portugal.

France: Melun and Vaux-le-Pénil expand their heating network with new geothermal energy

The cities of Melun and Vaux-le-Pénil are launching the expansion of their heating network with the drilling of a new geothermal well planned for 2026. This project aims to strengthen local energy supply by increasing the capacity of the existing network.

Flamanville EPR extends shutdown until March 30 for maintenance

The Flamanville EPR nuclear reactor will remain shut down until March 30 due to a series of unexpected technical interventions. These operations, which began on February 15, aim to optimise its performance before reaching full power.
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France opens public consultation on its energy strategy until 2035

The French government has launched a public consultation on the third Multiannual Energy Programme (PPE), which sets the country's energy production and consumption trajectories for the 2025-2035 period. This process precedes the adoption of the text by decree in April.

EDF and French industrialists at odds over long-term electricity contracts

Negotiations between EDF and major French industrialists stall over electricity tariffs, raising concerns about industrial competitiveness against European offers.

TotalEnergies abandons a solar project in French Guiana due to lack of public support

TotalEnergies has ended the Maya solar power plant project in French Guiana, initiated in 2019 to stabilise the local energy supply. The company cites a lack of public support, as the revision of France’s energy planning is underway.
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Getlink’s net profit drops by 5% in 2024, impacted by competition and ElecLink suspension

In 2024, Getlink reported a 5% drop in net profit, reaching €317 million. This decline is attributed to the temporary suspension of its ElecLink cross-Channel cable and the growing competition from ferries.

EDF launches auctions for long-term nuclear electricity contracts

EDF implements a system of auctions for long-term nuclear electricity contracts to stabilise prices and finance its nuclear projects. The first deliveries are scheduled for 2026.

Orano signs contract with Energoatom for uranium enrichment

French group Orano has signed an agreement with Energoatom to provide uranium enrichment services until 2040. This collaboration aims to reduce Ukraine's reliance on Rosatom, the Russian nuclear giant.
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Neoen maintains its 2025 targets despite an 87% drop in net profit in 2024

Renewable energy producer Neoen confirms its financial goals for 2025, despite a significant drop in net profit in 2024, mainly due to the high cost of its debt.

France, Europe’s main importer of Russian LNG in 2024

In 2024, France maintained its position as the leading importer of Russian liquefied natural gas (LNG) in Europe, despite an overall decline in its gas consumption.
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