The Norwegian subsidiary has launched the second phase of its projects in Maroua and Guider, bringing total capacity to 64.4 MW of solar and 38.2 MWh of storage with an annual target of 141.5 GWh.
Indian wind turbine manufacturer Suzlon has secured an 838 MW contract from Tata Power Renewable Energy for a wind project spanning three states, marking its largest order of the 2025–2026 fiscal year.
Canadian crude shipments from the Pacific Coast reached 13.7 million barrels in August, driven by a notable increase in deliveries to China and a drop in flows to the US Gulf Coast.
The accelerated arrival of Russian cargoes in China has lowered Asian spot LNG prices, but traffic is set to slow with the seasonal closure of the Northern Sea Route.
Statkraft has signed an agreement to sell solar and wind assets in India to Serentica Renewables, marking a strategic refocus on Europe and South America.
The divide between the United States and the European Union over regulations on Russian oil exports to India is causing a drop in scheduled deliveries, as negotiation margins tighten between buyers and sellers.
Russia plans to ship 2.1 million barrels per day from its western ports in September, revising exports upward amid lower domestic demand following drone attacks on key refineries.
Vantage Drilling has finalised a major commercial agreement for the deployment of the Platinum Explorer, with a 260-day offshore mission starting in Q1 2026.
StarCharge has signed a contract to supply 1 GWh of battery energy storage systems to Prozeal Green Energy, strengthening its presence in the Indian market and continuing its international expansion.
Norwegian company BlueNord has revised downward its production forecasts for the Tyra gas field for the third quarter, following unplanned outages and more impactful maintenance than anticipated.
The United Kingdom is set to replace the Energy Profits Levy with a new fiscal mechanism, caught between fairness and simplicity, as the British Continental Shelf continues to decline.
An American-built electric aircraft completed a test flight between Stavanger and Bergen, marking a key step in integrating zero-emission air cargo operations into Norwegian airspace.
Orsted and two U.S. states have taken federal legal action to contest the abrupt halt of the Revolution Wind project, a $5 billion offshore venture now at risk of prolonged suspension.
A prudent limit of 1,460 GtCO2 for geologic storage reshapes the split between industrial abatement and net removals, with oil-scale injection needs and an onshore/offshore distribution that will define logistics, costs and liabilities.
India increased its purchases of Russian oil and petroleum products by 15% over six months, despite new US trade sanctions targeting these transactions.
Natural gas remains an essential part of the energy transition, supporting renewable energy while reducing emissions. However, challenges remain, particularly regarding carbon prices and the competitiveness of gas against coal.
Orano reports a threefold increase in annual profit, driven by strong Japanese demand and rising uranium prices. The company benefits from a robust recovery in its uranium supply contracts.
Australian mining giant BHP saw its net profit multiply fivefold, reaching $4.4 billion, despite an 8% drop in revenue. Sustained demand and signs of recovery in China strengthen its outlook.
Bharat Petroleum Corporation Limited (BPCL) has signed an agreement with Eco Wave Power Global AB to develop wave energy projects in India. The first phase includes the installation of a 100-kilowatt (kW) pilot project at Mumbai’s oil terminals.
Europe's energy transition is driving a structural transformation of the electricity grid, exposing the market to new vulnerabilities. A study by Compass Lexecon highlights three strategic levers to ensure supply stability amid geopolitical pressures and market volatility.
India and the United States strengthen their energy cooperation with an agreement for the construction of US-designed nuclear reactors on Indian soil. The two nations also commit to regulatory adjustments to remove obstacles to nuclear technology trade.
The International Energy Agency (IEA) forecasts an increase of 1.1 million barrels per day (mb/d) in 2025, driven by consumption in non-OECD countries. Global production is expected to follow an upward trend despite recent declines and market tensions.
The French Energy Regulatory Commission (CRE) has imposed a €12 million fine on Equinor and Danske Commodities for market manipulation during gas transport auctions. Equinor disputes the decision and has announced its intention to appeal.
OPEC anticipates a global consumption of 105.1 million barrels per day in 2025, driven by growth in transportation, particularly air and road traffic, with continuous growth expected until 2026.
The Adani group withdraws from its $442 million wind farm project in Sri Lanka after tensions with the government, which decided to renegotiate the electricity purchase agreement and reassess the project.
Scatec ASA has concluded the sale of its Dam Nai wind farm in Vietnam to the SUSI Asia Energy Transition Fund, with an initial payment of USD 27 million, along with additional contingent payments.
TotalEnergies has entered into an agreement with Gujarat State Petroleum Corporation Limited (GSPC) to deliver 400,000 tons of liquefied natural gas (LNG) per year starting in 2026. This ten-year contract strengthens the French group's presence in the Indian energy market.
Bharat Petroleum Corporation Limited (BPCL) has signed a major agreement with Petróleo Brasileiro S.A. (Petrobras) for the import of Brazilian crude oil, strengthening India's energy supply diversification and reinforcing trade relations between the two nations.
Aker Solutions has signed a contract with Dragados Offshore to manufacture the steel substructure for the HVDC converter station of the BalWin 1 project in Germany. This 2 GW project is being developed for the Amprion Offshore GmbH grid.
ONGC and bp have signed a memorandum of understanding to jointly explore opportunities in oil exploration, production, and trading. This three-year agreement aims to optimize mature fields and strengthen their presence in offshore bidding rounds in India.
Emmanuel Macron and Narendra Modi meet in Marseille to deepen their energy cooperation. The visit to the ITER nuclear fusion project and discussions on small modular reactors (SMRs) illustrate the ambition of a strategic collaboration between France and India.
India is positioning itself as the fastest-growing bioenergy market in the world, with an expected 45% increase in consumption by 2030. To achieve these goals, the country will need to optimize its biomass resource utilization and structure its biogas market.
Norwegian group Equinor plans to increase its oil and gas production by more than 10% by 2027. Facing economic constraints, the company is halving its investments in renewable energy and strengthening its presence in Africa, particularly in Tanzania.
India has surpassed 100 gigawatts (GW) of installed solar capacity, marking a significant increase over the past decade. This expansion aligns with its goal of reaching 500 GW of non-fossil energy capacity by 2030.
