India

US-based manufacturer Ohmium unveils a new generation of modular electrolysers integrating all production systems within a reduced footprint, aiming to lower installation and operating costs for green hydrogen.
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.

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.

U.S. Tariffs: India Increases Brazilian Crude Imports by 80% in 2025

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.
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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.
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.

Eco Wave Power Expands Global Presence Despite Rising Mid-Year Losses

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.
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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.
Under threat of increased U.S. tariffs, New Delhi is accelerating its energy independence strategy to reduce reliance on imports, particularly Russian oil.

Washington strengthens ties with Pakistan over minerals and hydrocarbons

The United States plans to collaborate with Pakistan on critical minerals and hydrocarbons, exploring joint ventures and projects in strategic areas such as Balochistan.
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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.
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.

OPEC Revises Global Oil Forecasts for 2026 to 106.5 Million b/d

OPEC's August report reveals Russian production above quotas and commercial dominance in Asia, while Kazakhstan massively exceeds its reduction commitments.
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Hundreds of aging tankers transport Russian oil to Asia, circumventing Western sanctions while creating major environmental risks and transforming global trade flows.
The Emirati logistics giant posts 40% revenue growth despite depressed maritime freight rates, driven by Navig8 integration and strategic fleet expansion.

Eco Wave Power completes installation of pilot project at the Port of Los Angeles

Eco Wave Power has completed the full installation of its wave energy system at the Port of Los Angeles, paving the way for initial operational tests scheduled for September.
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The next-generation solar cell market will grow by 15.73% annually by 2031, driven by diversified uses in residential, industrial, and aerospace sectors.
Washington launches antidumping procedures against three Asian countries. Margins up to 190% identified. Final decisions expected April 2026 with major supply chain impacts.
In May, China and India became the main buyers of Russian fuel oil and vacuum gas oil (VGO), representing a significant increase in Russia's seaborne exports. These exports, which totalled around 4 million tonnes, are the result of the end of seasonal maintenance work.
The European Union will sanction 19 Russian vessels, including LNG carriers, as part of its 14th package of sanctions against Russia, aimed at restricting trade in liquefied natural gas.

ITER: New Roadmap, First Phase of Operations in 2035

ITER revises its timetable, aiming for a first phase of deuterium-deuterium fusion operations in 2035, marking a crucial step forward for nuclear fusion.
Fusion ITER en 2035
Nordex Group recently won orders for eleven N163/6.X turbines, marking an important milestone in the German wind energy market. The largest project, in Lower Saxony, includes the supply of these turbines to a wind farm.
Electricity demand in northern India reaches record levels due to intense heat wave. The government has announced measures to import electricity to meet this demand.

McDermott chosen for Canada’s first commercial green hydrogen plant

McDermott was selected by Abraxas Power to design and build Canada's first commercial green hydrogen and ammonia plant, located in Newfoundland.
McDermott choisie pour la première usine commerciale d'hydrogène vert au Canada.
Suzlon, India's leading provider of renewable energy solutions, has won a 103.95 MW order from AMPIN Energy Transition for a wind power project in Rajasthan.
Candi Solar secures $38 million in financing to accelerate its solar projects in India and South Africa, with support from Norfund, Kyuden International and STOA.

India Turns to Coal to Meet Energy Demand

Reduced hydroelectric production in India, due to irregular rainfall, could intensify dependence on coal to meet growing energy demand.
L’Inde Se Tourne Vers le Charbon pour Répondre à la Demande Énergétique.
McPhy opens France's first electrolyser plant in Belfort, a crucial step towards the decarbonization of industry and transport.
Global oil production could exceed demand by 8 million barrels per day by 2030, according to the IEA. This situation is attributed to a combination of rising production and energy transition, which poses challenges for the oil industry.

Europe faces the challenge of reducing its gas surplus

Europe is seeing its gas surplus shrink, while LNG is being redirected to Asia, driving up prices and tightening the market. Increased competition for LNG could emerge before the end of 2024.
Gaz européen GNL asiatique
The Indian government reappoints Hardeep Singh Puri as Petroleum Minister, ensuring a coherent energy policy focused on diversification of supply sources and upstream growth.
India needs to invest up to $385 billion to reach its target of 500 GW of renewable energy by 2030, according to Moody's Ratings. However, coal will remain a key source of electricity generation for the next decade.

Climate targets exceeded despite low investment

Growth in global oil and gas investment will slow in 2024, but will remain well above the levels needed to meet climate targets by 2030, according to the International Energy Agency (IEA).
Investissements pétrole gaz climat
QatarEnergy will supply 4 million tonnes of liquefied natural gas per year to Taiwan's CPC for 27 years, consolidating their energy partnership.
In May, Russian crude oil exports fell by 10% to 3.52 million barrels per day, a six-month low, as flows to India contracted.

China leads Asia in renewable energies

China dominates renewable capacity additions in Asia, but other countries need to step up their efforts to meet 2030 climate targets.
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Suzlon Group, India's leading provider of renewable energy solutions, announces an 81.9 MW contract with Oyster Green Hybrid One Private Limited.
Asian refiners want OPEC+ to maintain production cuts to ensure stable oil prices and refining margins