India

A cooperation agreement, a bilateral carbon-credit mechanism and converging standards lay the ground for India→Japan hydrogen and ammonia flows, with volume targets, price-support schemes and first export projects scaling up.
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 diversifies coking coal purchases, Australia retreats

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.
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A surprise drop in US crude inventories and renewed focus on peace talks in Ukraine are shaping oil market dynamics.
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.

Global Petrochemical Investments Projected to Reach USD 956 Billion by 2032

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.
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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.

Symbion commits $700 M for methane power plant tied to DRC-Rwanda peace deal

Symbion Power announces a $700 M investment for a 140 MW plant on Lake Kivu, contingent on full enforcement of the cease-fire signed between the Democratic Republic of Congo and Rwanda.
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The Emirati logistics giant posts 40% revenue growth despite depressed maritime freight rates, driven by Navig8 integration and strategic fleet expansion.
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.
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.
transition énergétique asie énergies renouvelables charbon
The Luachimo hydroelectric power plant in Angola, renovated by China Gezhouba Group Corporation, quadruples its capacity, providing a sustainable solution to growing energy demand.
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

Asian refiners want OPEC+ to maintain production cuts to ensure stable oil prices and refining margins
Stabilité Prix Pétrole OPEC+
Suzlon Group, India's leading provider of renewable energy solutions, announces that it has been awarded a contract to develop a 551.25 MW wind power project for the Aditya Birla Group.
Glencore's CEO defends the company's commitment to coal, stressing its short-term necessity for the global energy transition.

GAIL inaugurates its first green hydrogen plant in Vijaipur

GAIL (India) Limited launches its first green hydrogen production facility in Vijaipur, marking a step towards alternative energies in line with the National Green Hydrogen Mission.
GAIL investit dans l'hydrogène vert.
Global LNG markets could find themselves in a delicate balance due to a potential slowdown in US projects and growing demand in Asia.
Russia could develop a "dark LNG fleet" to transport natural gas in the face of Western sanctions, according to Flex LNG.

Waaree Energies lights up Rajasthan with 445MW solar project

Waaree Energies will supply 445MW of bifacial solar modules for projects in Bikaner, Rajasthan, boosting India's renewable energy capacity and supporting its carbon neutrality goals.
Waaree Energies Éclaire le Rajasthan avec un Projet Solaire de 445MW.
Schneider Electric and Capgemini launch the Energy Command Center, an innovative platform using AI to optimize energy management and accelerate the energy transition.
Suzlon announces the installation of 134 wind turbines for a 402MW project in Rajasthan, providing green electricity to 331,000 homes and reducing CO2 emissions by 1.3 million tonnes per year.