France

India’s oil minister says Russian crude imports comply with international norms, as the United States and European Union impose new sanctions.
With eleven reactors under construction and major projects such as Jaitapur, India is preparing a nuclear build-up that could place it among the world’s five leading nations in the sector.

Australian Oilseeds granted a reprieve from Nasdaq to meet equity threshold

Australian Oilseeds Holdings was granted a deadline extension until 30 September to comply with the Nasdaq’s equity requirements, avoiding immediate delisting from the exchange.
en_1140310829540
Fermi America has closed $350mn in financing led by Macquarie to accelerate the development of its HyperGridâ„¢ energy campus, focused on artificial intelligence and high-performance data applications.
France and Germany have validated a joint energy roadmap, including a commitment to the non-discrimination of nuclear energy in European financing.

Political crisis in France: energy roadmap threatened by new delay

The publication of the Multiannual Energy Programme decree, awaited for two years, is compromised by internal political tensions, jeopardising strategic investments in nuclear and renewables.
en_1140310833540
Russia and Iran seek to strengthen their nuclear cooperation as the E3 activates the sanctions mechanism against Tehran, reigniting tensions over compliance with the 2015 Vienna agreement.
U.S. regulators have approved two major milestones for Rio Grande LNG and Commonwealth LNG, clarifying their investment decision timelines and reinforcing the country’s role in expanding global liquefaction capacity.

Piedmont Lithium and Sayona complete merger to create Elevra Lithium

Piedmont Lithium has completed its merger with Sayona Mining, giving birth to Elevra Lithium, a new mining group focused on hard-rock lithium with an expanded presence in North America and Australia.
en_1140310837540
Korea Gas Corporation commits to 3.3 mtpa of US LNG from 2028 for ten years, complementing new contracts to cover expired volumes and diversify supply sources and price indexation.
The three European powers activate the UN sanctions mechanism against Iran, increasing pressure on the country's oil exports as Tehran maintains high production despite Western measures.

US grid interconnection agreements hit 75 GW in 2024

US grid interconnection volumes rose 33% in 2024, driven by federal reform that streamlined procedures and enabled a record 75 GW of validated capacity.
en_11403008275540
GreenYellow is installing several photovoltaic plants and an energy storage system on Altarea's logistics platforms in Bollène and Puceul, through a 30-year PPA contract fully financed by the company.
US-based Natura Resources has secured strategic funding and key permits for its MSR-1 nuclear reactor, backed by public funds and enriched fuel allocation from the Department of Energy.

Vema Hydrogen forme un conseil scientifique d’élite pour soutenir son expansion industrielle

Vema Hydrogen mobilise des experts internationaux pour accélérer la mise sur le marché de son hydrogène minéral, alors que l’entreprise prévoit de forer ses premiers puits pilotes en Amérique du Nord d’ici la fin de l’année.
en_11403008277540
Ascent Solar Technologies has signed an agreement with Star Catcher Industries to enhance in-orbit power generation by combining lightweight photovoltaic technology with wireless energy transmission.
Commonwealth Fusion Systems raised $863mn in an oversubscribed round to finalise SPARC and accelerate construction of its ARC fusion plant in Virginia, strengthening its position in the global fusion energy sector.

Exxon expects 20% increase in global natural gas demand by 2050

Exxon Mobil forecasts sustained growth in global natural gas demand by 2050, driven by industrial use and rising energy needs in developing economies.
en_11403008274540
The US Energy Information Administration reschedules or cancels several publications, affecting the availability of critical data for oil, gas and renewables markets.
A principle agreement between Paris and Brussels opens the way to reforming the legal framework of hydroelectric concessions in France, ending a deadlock that lasted over ten years.
Economically fragile Venezuela awaits a critical U.S. decision on renewing oil licenses granted to multinationals, a crucial issue that could significantly affect its recent economic recovery and financial stability.
German asset manager Union Investment has excluded TotalEnergies from its sustainable funds over allegations of human rights violations linked to the EACOP oil project in Uganda, further complicating its international financing.

TotalEnergies maintains its strategy despite economic pressures and activism

Patrick Pouyanné reassures shareholders by confirming TotalEnergies' strategic direction, combining hydrocarbons and low-carbon electricity, despite an unstable economic environment and climate activist protests in Paris.
en_1140290954540-11
Donald Trump is calling on the United Kingdom to abandon wind energy in favor of revitalizing offshore oil extraction, sparking debate over the economic and political implications of such an energy strategy after their recent trade agreement.
EDF will strengthen its off-grid platform in Africa with a $10mn loan from Mirova to expand electricity access to 5 million people by 2030.

European Nuclear: Germany Opens Up to France’s Energy Choices

The German government expresses openness toward French nuclear energy, promising a technologically neutral approach despite internal divisions over recognizing nuclear as a sustainable energy within the European Union.
en_1140290951540-12
Donald Trump announces four executive orders to quadruple U.S. nuclear energy production within 25 years, radically accelerate regulatory approvals, secure enriched uranium supplies, and address the surging energy demands linked to artificial intelligence.
EDF partially drains the Coiselet dam reservoir in the Ain region after a landslide threat was identified that could compromise the hydro structure.

AES signs two deals to deliver 650 MW of solar to Meta data centres

AES will supply 650 MW of solar capacity to Meta through two long-term power purchase agreements in the United States, strengthening its position in the Southwest Power Pool market.
en_1140290963540-5
Australia’s Energy Estate has acquired the San Luis Industrial Complex, a California-based site backed by a $12.6bn public-private partnership aimed at accelerating green hydrogen production for industry and transport.
Boralex signed renewable energy certificate contracts with New York’s energy authority for two solar projects totalling 450 MW in capacity.

Europe commits €800bn to defence, destabilising strategic metals supply balance

The European rearmament plan intensifies pressure on critical metals supply chains, dominated by China, and in direct competition with other key industrial sectors.
en_1140290970540-4
Following the major electrical outage in April, the Spanish and Portuguese governments are urging the European Commission to expedite infrastructure development for electrical interconnections between the Iberian Peninsula and the broader European grid, currently considered insufficient.
The Algerian state utility plans a 56% increase in 2025 investment, targeting domestic network expansion and electricity export growth towards Europe and Africa.

Galileo and Hope secure environmental approval for 1.1-GW floating wind project in the Adriatic Sea

Italy's Ministry of the Environment has approved the environmental impact assessment for the Barium Bay project, clearing the way for its participation in a 3.8-GW offshore tender.
en_1140290977540-4
US commercial crude oil inventories rose by 1.3 million barrels last week, defying market expectations, according to data published by the US Energy Information Administration.
As Venezuelan elections approach concerning the oil-rich disputed Essequibo territory, Guyana emphasizes increased vigilance, citing risks to its energy and territorial sovereignty amid Caracas' claims. ##

Europe Revives Industrial Hydrogen with Major Funding Despite Market Turbulence

The European hydrogen industry regains momentum after a challenging period, backed by significant funding and strategic consolidation among leading industrial players on the continent.
en_1140290981540-4
Engie validates hydrogen storage in salt caverns, opening a strategic market for industrial firms and energy producers facing the rise of renewable gases and the need to diversify technical solutions to meet increasing demand.
Tennessee Valley Authority becomes the first US public utility to apply for a permit to build a BWRX-300 small modular reactor, with site works anticipated as early as 2026 at Clinch River.