France

Orano recovers its representative in Niger amid growing nuclear tensions

French nuclear group Orano has confirmed the release of its representative in Niger, detained since May, as tensions remain high with the country’s junta over control of uranium assets.

French consortium invests €7.3mn in offshore superconductivity project

A pilot project backed by the state aims to modernise electricity transport between offshore wind farms and the mainland grid using superconducting cables cooled with liquid nitrogen.

EDF turns to digital solutions to support France’s nuclear revival

EDF launches a sovereign digital platform to secure data exchanges between nuclear stakeholders, aiming to accelerate the construction of future EPR2 reactors.
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Engie maintains its 2025 targets despite pressure on energy prices

Engie maintains its 2025 earnings guidance despite falling energy prices and weaker hydro output, relying on its performance plan and a stronger expected fourth quarter.

Alfa Laval strengthens its partnership with EDF for six new EPR2 reactors

Alfa Laval extends its cooperation with EDF to supply heat exchangers for EPR2 projects across three nuclear sites, reinforcing its position in the French nuclear sector.

EDF, SPIC and SAPCO consortium secures financing for 1,400 MW solar projects in Saudi Arabia

Two photovoltaic plants with a combined capacity of 1,400 MW will be operational in 2027, strengthening EDF Group's international presence and Asian actors in Saudi Arabia's energy market.
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TotalEnergies unveils three global energy trajectories through 2050

TotalEnergies has released its Energy Outlook 2025 report, outlining three scenarios for the global energy system’s evolution and the economic implications of consumption and production trends through 2050.

Orano deploys humanoid robot at Melox to support nuclear teams

Orano is testing an artificial intelligence-equipped robot for four months at its Melox site to assess its ability to assist in sensitive and repetitive industrial operations.

Gunvor rules out resale of Lukoil assets to Russia after acquisition

Commodities trader Gunvor confirmed that the assets acquired from Lukoil will not return under Russian control, despite potential sanction relief, amid growing regulatory pressure.
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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.

Western sanctions disrupt Lukoil’s international operations

Sanctions imposed by the U.S. and the U.K. are paralyzing Lukoil's operations in Iraq, Finland, and Switzerland, putting its foreign businesses and local partners at risk.

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.
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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.

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.

Aramco’s net profit drops for the eleventh consecutive quarter

Aramco reported a 2.3% decrease in its net profit for the third quarter, amid global economic uncertainties and an oversupply of oil, although its adjusted earnings showed a slight increase.
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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.

GazelEnergie restarts Gardanne biomass plant with reduced wood supply

A public inquiry on Gardanne’s biomass sourcing begins as GazelEnergie resumes operations at 4,000 hours per year.

Macron welcomes Berdymukhamedov in pursuit of gas deals with Turkmenistan

The French president hosts Turkmen leader Gurbanguly Berdymukhamedov in Paris to finalise economic agreements amid geopolitical rivalries over Central Asian gas resources.

ITER to open its facilities to the public on 17 May in Saint-Paul-lès-Durance

The international ITER project is organising an open day at its nuclear fusion site in the Bouches-du-Rhône, with teams mobilised to showcase the progress of the experimental installation to the public.
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The Iberian blackout reignites tensions over grid adaptation to renewables

RTE states that no evidence currently links the Iberian blackout to renewable energy sources, as a European investigation begins and interconnections emerge as a strategic issue.

Subsea7 secures major contract with Petrobras for Búzios 11 field

Petrobras has awarded Subsea7 a large-scale contract for the development of the Búzios 11 field, located in the pre-salt Santos basin offshore Brazil.

Tehran rejects French and US threats over its oil exports

Iran responded to threats of sanctions from the United States and France, denouncing what it sees as illegitimate political pressure and reaffirming its stance on the legality of its oil exports.
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Iberian power outage: Madrid cites a complex incident and urges Paris on interconnections

One week after the massive blackout, Spain and Portugal continue their investigations with no technical conclusion, while Madrid calls on France to accelerate cross-border interconnection projects.

Washington and Kyiv seal energy deal on strategic mineral resources

The United States and Ukraine have established a joint fund to exploit Ukrainian natural resources, under a bilateral agreement with no explicit military commitments.

Shell posts net profit of $4.8bn in Q1 2025 despite falling oil prices

Shell plc recorded a net profit of $4.8bn in the first quarter of 2025, down 35%, but above analyst expectations, supported by solid operational performance and a new share buyback programme.
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Opec+ ramps up production despite crude falling below $62

Eight Opec+ members will raise output by 411,000 barrels per day in June, boosting global supply amid falling prices and ongoing trade tensions.

Naftogaz receives €270 million from EBRD to bolster gas reserves in Ukraine

Ukraine will receive a €270 million loan from the European Bank for Reconstruction and Development, backed by a Norwegian grant, to secure gas imports over two winters.

The first caissons of Belgium’s energy island successfully installed in the North Sea

The Princess Elisabeth energy island project advances with the placement of two caissons, launching a key phase of marine civil engineering off the Belgian coast.
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Washington secures access to Ukrainian mineral resources through joint investment fund

The United States and Ukraine have signed a bilateral agreement establishing an investment fund aimed at financing reconstruction and natural resource extraction projects on Ukrainian territory.

Voltalia records 15% increase in production despite price pressure

Voltalia’s revenue rose by 2% in the first quarter of 2025, driven by third-party services, while energy production reached 1.1 terawatt-hours due to improved resources in Brazil.

Peter Dutton commits $200bn to bypass nuclear ban in Australia

Australia’s opposition leader unveils a seven-reactor plan, challenging current energy policy days before federal elections and reviving a decades-old debate.
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Technip Energies raises forecast after 22% revenue surge

Technip Energies posted a double-digit growth in Q1 2025, supported by a record order backlog of €18.2bn ($19.46bn), despite regulatory uncertainties in the United States.

ASNR changes its publication practices following nuclear sector merger

The Nuclear Safety and Radiation Protection Authority (ASNR) will now publish its decisions and expert reports simultaneously, amid a controversial merger of nuclear oversight bodies.

French regulator lowers pace of renewable energy development

The French Energy Regulatory Commission proposes reducing certain renewable generation targets due to a slower-than-expected rise in electricity demand.
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TotalEnergies posts 33% drop in net profit in first quarter

TotalEnergies saw its net profit fall to $3.9bn in the first quarter, impacted by lower oil prices, despite an increase in its hydrocarbon and electricity production.

OMV posts 70% drop in net profit for Q1 2025

Austrian group OMV sees profits collapse amid halted Russian gas flows, strategic repositioning in chemicals and shift toward new industrial partnerships.