Indonesia

Energy Transfer plans up to $5.5bn in gas investments for 2026

Energy Transfer expects up to $17.7bn in consolidated EBITDA for 2026 and plans to invest up to $5.5bn, primarily focused on expanding its gas network in the United States.

Shell acquires 35% in two Angolan offshore blocks from Chevron

Shell has reached a deal with Chevron to acquire a 35% stake in two ultra-deepwater offshore oil blocks off the coast of Angola, marking a new strategic investment in the Sub-Saharan African country.

Chevron maintains Venezuelan crude exports as Chinese loadings remain on hold

Chevron remains the only operator shipping oil from Venezuela, while cargoes bound for China have been halted for a fifth consecutive day, increasing pressure on local storage capacity.
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Trump wants to restart US oil majors in Venezuela within 18 months

Donald Trump says US oil companies could restart production in Venezuela within two years following the removal of Nicolás Maduro, despite the scale of investment required.

ArcelorMittal secures 18-year power supply deal with EDF for nuclear electricity

ArcelorMittal has signed an 18-year nuclear electricity supply agreement with EDF to cover the power needs of its industrial sites in France, as part of a long-term energy strategy.

Nexera acquires oil assets in Texas to settle $600,000 dispute

Nexera Energy has acquired producing oil properties in South Texas as part of a financial settlement with Hagco Energy and Hugocellr involving more than $600,000 in unpaid fees.
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ENGIE launches two community solar farms in Illinois

ENGIE’s Knox 2A and 2B solar projects will supply electricity to 443 residential and commercial customers while generating more than 8.2 million kilowatt-hours annually.

SolarMax secures $258.1mn EPC contract for 600 MWh battery in Texas

SolarMax has secured a $258.1mn engineering, procurement and construction contract for a 600 MWh energy storage installation in Corpus Christi, marking a strategic move in the US market.

Ormat inaugurates Arrowleaf, its first hybrid solar and storage plant in California

Ormat Technologies has launched commercial operations of Arrowleaf, a hybrid project combining 42MW of solar and 140MWh of storage, under a long-term contract with San Diego Community Power.
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Clearlight Energy appoints new leadership to steer 4.3 GW growth

Clearlight Energy announces the appointment of Carolyne Murff as Chief Executive Officer and Matt Mitchell as Chief Financial Officer, marking a new phase of development for its 4.3 GW renewable portfolio in North America.

NG Energy sells 40% of Sinú-9 gas block to Maurel & Prom

Canadian company NG Energy finalises the sale of 40% of its stake in the Sinú-9 block to Maurel & Prom for $150mn, consolidating a joint venture on one of Colombia's largest gas fields.

Borr Drilling secures two new drilling contracts in the United States and Mexico

Norwegian group Borr Drilling has announced two contractual commitments for its Ran and Odin rigs, extending its activities in the Americas through 2027.
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SolarMax secures $158mn EPC contracts for 400 MWh storage in Puerto Rico

SolarMax Technology has signed two engineering, procurement and construction contracts for 400 MWh energy storage projects in Puerto Rico, with expected revenues totalling $158.3mn.

Lane42 acquires Aqua Terra Permian to strengthen midstream assets in the Permian Basin

Lane42 Investment Partners has completed the acquisition of Aqua Terra Permian, a wastewater infrastructure operator in the Permian Basin, aiming to expand its footprint in strategic midstream services.

Vistra acquires Cogentrix for $4.7bn from Quantum Capital Group

Quantum Capital Group sells nearly 90% of Cogentrix assets to Vistra for $4.7bn, marking a strategic repositioning of gas-fired assets in the United States.
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Plains All American increases quarterly distributions by 10% ahead of annual earnings

Plains All American Pipeline and Plains GP Holdings announce a 10% increase in quarterly distributions ahead of their fourth quarter 2025 financial results release.

Global oversupply drove Brent crude down to $63 in December 2025

Brent crude fell to its lowest level since 2021, as persistent oversupply throughout 2025 weighed on prices despite isolated geopolitical tensions and China’s strategic stockpiling.

Eni and Repsol struggle to recover $6bn in receivables from Venezuela

Eni and Repsol are facing difficulties recovering payments for gas deliveries to Venezuela, with an outstanding balance of $6bn and no clear engagement from U.S. authorities on the matter.
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Orano secures USD900mn for uranium enrichment plant in the United States

French group Orano receives USD900mn in public support to establish a new uranium enrichment facility in Tennessee, as part of a broader US nuclear sector revival plan.

Chevron starts South N’dola in Angola to boost its offshore assets

Chevron has launched production at the South N’dola field in Block 0 offshore Angola, leveraging existing infrastructure to support its investment strategy in offshore hydrocarbons.

Davidson Kempner and Fortress take control of Bourbon to relaunch growth

Bourbon enters a new strategic phase following the arrival of Davidson Kempner and Fortress, who have become majority shareholders after a financial restructuring approved by the French courts.

Harbour Energy acquires LLOG Exploration for $3.2bn to boost reserves

Harbour Energy acquires US offshore operator LLOG for $3.2bn, adding 271 million barrels in reserves and establishing a fifth operational hub in the Gulf of Mexico.

France: electricity bills to remain stable in 2026 despite the end of Arenh

The Ministry of the Economy forecasts stable regulated tariffs in 2026 and 2027 for 19.75 million households, despite the removal of the Arenh mechanism and the implementation of a new tariff framework.
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French Electricity Union releases 50 measures to electrify the national economy

The federation of the electricity sector proposes a comprehensive plan to reduce dependence on fossil fuels by replacing their use in transport, industry and housing with locally produced electricity.

European Energy triples electrolysis capacity at Måde with new 8.1 MW equipment

European Energy increases the capacity of its Måde Power-to-X site to 8.1 MW, with a new electrolyser in service and ongoing tests for commercial production in 2026.

China boosts global battery market after key power market reform

China's electricity market overhaul improves the profitability of energy storage, supporting a rapid increase in battery exports as global demand rises with data centres and power grids.
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Canberra imposes mandatory gas reserve to secure domestic supply

The Australian government will require up to 25% of gas extracted on the east coast to be reserved for the domestic market from 2027, in response to supply tensions and soaring prices.

T1 Energy signs 900MW solar supply deal with Treaty Oak in the United States

T1 Energy will supply Treaty Oak with 900MW of solar modules over three years, leveraging domestically produced cells from Austin to meet increasing regulatory requirements.

Baker Hughes to supply six LM9000 turbines for Commonwealth LNG terminal

Baker Hughes will deliver six gas refrigeration trains for Commonwealth LNG’s 9.5 mtpa export project in Louisiana, under a contract with Technip Energies.
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The United States hunts a third tanker tied to Venezuela’s shadow fleet

After two seizures in ten days, U.S. authorities are pursuing another tanker suspected of evading sanctions. Maritime tracking data and official statements point to intensified controls on crude cargoes linked to Venezuela.

Trump Media creates a listed group with TAE Technologies in $6 billion deal

Trump Media & Technology Group and TAE Technologies unite in a transaction valued at USD6 billion to launch one of the first publicly traded companies focused on fusion energy.

Lhyfe expects EUR10mn revenue in 2025 and cuts costs from 2026

Lhyfe aims to double its revenue next year, refocuses industrial priorities and plans a 30% cost reduction starting in 2026 to accelerate profitability.
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Iran offers support to Venezuela after oil tankers seized by Washington

Caracas says Iran has offered reinforced cooperation after the interception of two ships carrying Venezuelan crude, amid escalating tensions with the United States.

Washington seizes second Venezuela-linked oil tanker in the Caribbean

US authorities intercepted a second oil tanker carrying Venezuelan crude, escalating pressure on Caracas amid accusations of trafficking and tensions over sanctioned oil exports.

The French government asks RTE to maintain the THT line project to Fos

The government confirms the continuation of the high-voltage line construction to Fos-Berre, despite criticism from the public debate and local tensions regarding environmental and economic impacts.
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Mundi Énergies launches twenty renewable energy hubs in Canada with Haffner Energy

Mundi Énergies partners with Haffner Energy to create a network of twenty multi-energy hubs in Quebec, using residual biomass to produce renewable gas and strengthen Canada’s energy independence.

Awendio Solaris to invest CAD1bn in integrated solar plant in Montreal

UK-based manufacturer Awendio Solaris plans to build a 2.5 GW solar industrial platform, expandable to 5 GW, in Quebec, targeting North American markets with a 100% regional supply chain.

Zefiro completes $1.5mn gas project in Pennsylvania and prepares $5mn operation in Louisiana

Zefiro Methane, through its subsidiary Plants & Goodwin, completes an energy conversion project in Pennsylvania and plans a new well decommissioning operation in Louisiana, expanding its presence to eight US states.
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RWE and Indiana Michigan Power secure 200 MW deal in Indiana

RWE signed a 15-year power purchase agreement with Indiana Michigan Power for the Prairie Creek project, aimed at supporting Indiana’s growing electricity demand starting in 2028.

Armada joins Genesis programme to deploy sovereign compute power in the United States

US-based Armada has signed a memorandum of understanding with the Department of Energy to participate in the Genesis Mission, aimed at accelerating scientific research and reinforcing national energy and technology sovereignty.