India

The Northern Lights project has injected its first volume of CO2 under the North Sea, marking an industrial milestone for carbon transport and storage in Europe.
India’s coking coal imports are rising and increasingly split between the United States and Russia, while Australian producers redirect volumes to China; 2025 results confirm a shift in trade flows.

Vantage Drilling extends conditional agreement for the Platinum Explorer rig

Vantage Drilling International Ltd. extends the validity of its conditional letter of award until August 29, without changes to the initial terms.
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The Revolution Wind project, already 80% complete, has been halted by the U.S. administration over national security concerns, creating major uncertainty in the sector.
Norwegian producer Aker BP raises its oil potential forecast for the Omega Alfa well, part of the Yggdrasil project, with estimated resources reaching up to 134 million barrels of oil equivalent.

Oil prices rise after unexpected decline in US crude stocks

A surprise drop in US crude inventories and renewed focus on peace talks in Ukraine are shaping oil market dynamics.
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Vikram Solar will supply 250 MW of high-efficiency solar modules to the Bondada Group for a project in Maharashtra, with deployment scheduled to begin in fiscal year 2025–2026.
Driven by rising industrial demand and emerging capacities in Asia, the global petrochemicals market is expected to see sustained expansion despite regulatory pressures and raw material cost challenges.

Low-carbon ammonia faces technical and financial challenges in shipping

According to the Oxford Institute for Energy Studies, the adoption of low-carbon ammonia in maritime transport faces economic, regulatory, and safety barriers, despite growing international pressure to reduce emissions from the global fleet.
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Indian imports of Brazilian crude reach 72,000 barrels per day in the first half of 2025, driven by U.S. sanctions, and are expected to grow with new contracts and upstream projects between Petrobras and Indian refiners.
Electric vehicle charging infrastructure investments are expected to hit $300 billion by 2040, driven by a 12.3% annual increase in global charging port deployments.

The aviation fuel market projected to reach USD 751 billion by 2032

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.
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With active projects across four continents and strong liquidity, Eco Wave Power accelerates its expansion strategy while absorbing a rise in operational costs in H1 2025.
A new Russian presidential decree could allow Exxon Mobil to reclaim its stake in Sakhalin-1, under strict conditions tied to Western sanctions and equipment logistics.

Modi Defends India’s Energy Autonomy Amid U.S. Tariff Pressure

Under threat of increased U.S. tariffs, New Delhi is accelerating its energy independence strategy to reduce reliance on imports, particularly Russian oil.
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The United States plans to collaborate with Pakistan on critical minerals and hydrocarbons, exploring joint ventures and projects in strategic areas such as Balochistan.
ACEN strengthens its international strategy with over 2,100 MWdc of attributable renewable capacity in India, marking a major step in its expansion beyond the Philippines.

TDK Ventures invests in Ultraviolette to accelerate electric mobility in India

The Japanese group TDK’s venture capital fund supports Ultraviolette, an Indian electric motorcycle manufacturer, to help it scale up in a domestic market estimated at over $50 billion within ten years.
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OPEC's August report reveals Russian production above quotas and commercial dominance in Asia, while Kazakhstan massively exceeds its reduction commitments.
Hundreds of aging tankers transport Russian oil to Asia, circumventing Western sanctions while creating major environmental risks and transforming global trade flows.
Saudi Aramco plans to raise its official selling prices (OSP) in March, driven by China’s economic recovery and the redirection of Russian oil flows. Asian refiners are adapting to these new dynamics, influencing premiums on Middle Eastern crude.
At the heart of the vast northern expanses, Sami communities see their ancestral ways of life challenged by the rise of renewable projects. A factual narrative revealing the tensions between economic modernization and the preservation of millennia-old traditions.

Ørsted: Leadership Shakeup and Offshore Market Challenges

Ørsted, a Danish renewable energy specialist, is undergoing a major reshuffle following difficulties in the U.S., with the resignation of its CEO and the appointment of his deputy.
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The Indian government has announced an investment of 1.8 billion euros to reduce its dependence on China for strategic minerals essential for the renewable energy and defense industries.
The Norwegian Sovereign Fund posted a historic return of 214 billion euros in 2024, driven by investments in major tech companies. However, the dominance of these giants is now being questioned.

Trump’s Tariff Threats Weigh Down Oil Prices

The imminent prospect of U.S. tariffs on imports from Canada and Mexico is causing concern in oil markets. Combined with an unexpected rise in crude stocks in the U.S., this announcement is impacting global oil prices.
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Enfinity Global progresses in the Indian energy market by securing 2 GW of connectivity for strategic projects, bolstering solar and wind capacities in a country aiming for an accelerated energy transformation.
Saneg, in partnership with international players, transforms flared gas into a usable resource, reducing energy dependency while strengthening its position in a pressured energy market.

The Strategic Growth of Geothermal Energy in Romania: Bihor as a Case Study for Europe

Bihor County in Romania accelerates geothermal energy integration into its energy economy. With over €45 million invested, mostly funded by the European Union, the region highlights the growing profitability of this resource.
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Norwegian group Orkla announces the sale of its hydropower portfolio through two separate transactions, valuing the assets at NOK 6.1 billion. A strategic decision aimed at streamlining operations and refocusing priorities.
Suzlon and Torrent Power consolidate their strategic partnership with a 486 MW order in Gujarat, achieving a significant milestone of 1 GW in installed wind energy capacity.

Radiance secures 132.5 MWp of N-Type Topcon modules from Waaree

Radiance Renewables has placed an order for 132.5 MWp of N-Type Topcon solar modules with Waaree Energies, showcasing a strategy focused on optimizing energy performance and economic outcomes in the C&I segment.
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The Sri Lankan government has canceled a power purchase agreement with Adani, citing corruption concerns and criticism over the project’s costs. This decision marks a shift in the country’s energy policies under the new administration.
In 2024, the energy storage sector saw a 5% increase in total investments, reaching $19.9 billion. However, a notable shift is evident with a decline in venture capital funding and a rise in debt and public market financing.

Norfund invests USD 40 million in CrossBoundary Energy to support its projects in Africa

The Norwegian fund Norfund invests an additional USD 40 million in CrossBoundary Energy to strengthen its portfolio of energy solutions in Africa, aiming to support the transition to decentralized renewable energy.
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Korea Hydro & Nuclear Power (KHNP) has signed memorandums of understanding with Scandinavian players to promote small modular reactors (SMRs) in the Norwegian and Swedish markets, aiming to strengthen its presence in Europe.
Despite a historic drop in solar module prices, the top ten global manufacturers show remarkable resilience. Their production capacity is sufficient to meet annual global demand, according to Wood Mackenzie.

Nigeria strengthens its energy alliances with the BRICS

Africa’s leading oil producer, Nigeria, relies on new partnerships to finance its infrastructure, diversify its markets, and integrate nuclear, solar, and gas projects into its growth strategy.
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Carbon dioxide removal strategies are expanding in India with new initiatives and a potential rise in demand in 2025. This article explores the major factors driving this trend and the technological perspectives.
A Norwegian shipowner has equipped an ethylene carrier with an onboard CO2 capture and storage system. The initiative could reduce its greenhouse gas emissions by 70%.
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