France

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.

Sinopec deploys 65,000 Sercel sensors for 3D seismic survey in Mexico

Chinese group Sinopec has launched a large-scale seismic imaging campaign across 3,000 km² in Mexico using nodal technology from Sercel, owned by Viridien, delivered in August to map areas with complex terrain.
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French group Air Liquide strengthens its presence in Asia with the acquisition of South Korean DIG Airgas, a key player in industrial gases, in a strategic €2.85 billion deal.
Driven by grid flexibility demand and utility investments, the global containerized BESS market will grow at an annual rate of 20.9% through 2030.

France: the government asks EDF to reassess the sale of its subsidiary Exaion

The Ministry of Economy has asked EDF to reconsider the majority sale agreement of its technology subsidiary Exaion to the American group Mara, amid concerns related to technological sovereignty.
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The European Union’s regulatory framework mandates green hydrogen integration in refineries, generating projected demand of 0.5 million tonnes by 2030.
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 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.
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, 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 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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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 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 Corporation repurchased 98,900 common shares between August 4 and 8, 2025, as part of its ongoing share buyback programme.
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.
EDF has launched disciplinary procedures against seven CGT activists at the Cordemais power plant following incidents related to the Ecocombust project, prompting strong reactions from the union.
Amid concerns over potential job cuts, approximately 10% of GRDF employees mobilized in response to a call from the CGT, denouncing a plan to reduce payroll, affecting thousands of jobs.

Calogena files for approval of its nuclear heating boiler for urban areas

The startup Calogena has taken a crucial step forward in its low-power nuclear boiler project for urban heating, submitting an application for approval to the Nuclear Safety Authority (ASN).
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The French operator RTE is investing nearly one billion euros to acquire 5,000 km of underground cables from five European cable suppliers to modernize and strengthen its high-voltage electricity network.
Neoen announced a 2% increase in its third-quarter revenue, reaching 123 million euros, primarily due to revenue from its electricity storage activity in Australia.

Höegh Evi and Port-La Nouvelle: A Floating Terminal for Hydrogen Imports to Europe

Höegh Evi and Port-La Nouvelle partner to build a floating hydrogen import terminal, aiming to position the region as a pillar of Europe’s energy transition.
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The German government, in agreement with Paris, has expressed openness to a revision of European sanctions targeting automakers in 2025, aiming to support an industry struggling with Chinese competition and high energy costs.
During Kazakh President Kassym-Jomart Tokayev's visit to Paris, Emmanuel Macron strengthened the strategic partnership between France and Kazakhstan, offering French expertise to support the development of civilian nuclear energy in Kazakhstan.

Niger denounces Orano’s suspension of uranium production

The Nigerien junta criticizes Orano's suspension of activities, claiming the decision harms stakeholder commitments and lacks transparency, according to a document from the state-owned company Sopamin.
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The American group ExxonMobil has finalized the sale of the Fos-sur-Mer refinery to Rhône Energies, a consortium led by Trafigura, marking a step in its strategy to reduce activities in France.
With the tightening of European CO2 emissions standards, car manufacturers must reduce their emissions or face massive penalties. A significant challenge that could reshape the industrial landscape in Europe.

TotalEnergies urges Donald Trump to maintain U.S. climate commitments

Patrick Pouyanné, CEO of TotalEnergies, calls on Donald Trump to uphold U.S. climate commitments if he wins in 2024, fearing the impact of excessive deregulation on the oil industry and public opinion.
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TotalEnergies signs a deal to supply 2 million tons of LNG to Sinopec over 15 years
Facing rising energy prices, numerous French households are at risk of power cuts and reduced electricity supply. An alarming situation that raises questions about the essential nature of energy.

Schneider Electric: departure of CEO Peter Herweck after strategic disagreements

Schneider Electric announced the sudden departure of its CEO Peter Herweck, who had been in office since May 2023, due to disagreements over the company’s strategy. Olivier Blum takes over immediately.
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Beyond CO2, methane, nitrous oxide, and fluorinated gases actively contribute to global warming, driving specific measures to limit their emissions. These lesser-known gases are at the core of researchers' and policymakers' concerns.
World leaders will gather in Baku for COP29, a climate summit that may be disrupted by the U.S. election results, with crucial stakes surrounding the financing of the fight against global warming.

Paris Calls for a Delay in CO2 Sanctions Against European Automakers

Paris Calls for a Delay in CO2 Sanctions Against European Automakers
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The French Competition Authority has imposed fines totaling 470 million euros on Schneider Electric, Rexel, Sonepar, and Legrand for collusion in the low-voltage electrical equipment sector. These sanctions represent a strong response against market manipulation.
Nexans, the French specialist in industrial cables, confirms its financial outlook for 2024, with a strategic announcement scheduled for November 13 to outline its future and priorities in the energy sector.