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Israel seals a €30 billion gas contract with Egypt
An agreement announced on December 17, 2025 provides for twenty years of deliveries through 2040. The package amounts to 112 billion new Israeli shekels (Israeli shekels) (NIS), with flows intended to support Egyptian gas supply and Israeli public revenues.
HiTHIUM partners with El-Mor to deploy 1.5GWh of long-duration storage in Israel
Chinese supplier HiTHIUM enters the Israeli market with a strategic agreement to deploy 1.5GWh of long-duration energy storage alongside El-Mor Renewable Energy.

IAEA warns of restricted access to Iranian nuclear site since June strikes

The International Atomic Energy Agency denounces the ongoing inspection blockage at several damaged Iranian nuclear facilities, where stocks of highly enriched uranium remain.
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The $400 Million Israel-Cyprus Gas Pipeline Awaits Government Approvals
A $400 million natural gas pipeline connecting Israel to Cyprus, with a capacity of 1 billion cubic meters per year, is awaiting government approvals, according to Energean’s CEO.
Shanghai Electric signs 342 MW deal with Econergy in Romania
Shanghai Electric has signed phase II of the Parau photovoltaic project with Econergy, expanding its Romanian solar portfolio to 550 MW.

The United States Raises Tariffs Against Colombia on Energy and Metals

The United States announces a tariff increase beyond the 10% base rate targeting several Colombian products. Bogotá has recalled its ambassador. The detailed list of tariff lines has not yet been published, while Colombia’s ban on coal exports to Israel remains in effect.
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China cuts its oil surplus to 570,000 barrels per day and prepares a cycle of strategic purchases
The decline in imports and the rise in refining in September reduced China’s crude surplus to its lowest in eight months, opening the way for tactical buying as Brent slips below 61 dollars.
Jordan: exporting its electricity via Syria, operational levers and constraints
Jordan can export electricity if three conditions align: fuel availability for its power plants, measurable system surplus, and a functional transit framework via Syria to Lebanon with clear metering and settlement rules.

Prisma Photonics raises $30mn to expand its optical fibre infrastructure monitoring platform

Israeli company Prisma Photonics has raised $30mn in a funding round led by Protego Ventures to develop its artificial intelligence-based detection system for power grids and critical infrastructure.
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Eco Wave Power deploys BladeRanger drones to automate wave maintenance
Eco Wave Power and BladeRanger have unveiled a first-of-its-kind drone-powered maintenance system for onshore wave energy infrastructure, aimed at reducing operational costs and improving system performance.
IAEA: Iran held 440.9 kg at 60% before Israeli strikes
A report by the International Atomic Energy Agency puts Iran’s 60% enriched uranium at 440.9 kg before Israeli and U.S. strikes, while the agency’s access to enrichment sites has remained suspended since the operations.

Colombia: Petro blocks coal to Israel in a political showdown

President Gustavo Petro bans all coal exports to Israel, a decision with minor energy effects but strong diplomatic weight, illustrating his anti-Americanism and attempts to reshape Colombia’s domestic politics.
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Return of IAEA inspectors to Iran after one month of diplomatic breakdown
Iran once again authorises the International Atomic Energy Agency to inspect its nuclear sites, following a suspension triggered by a dispute over responsibility for Israeli strikes.
Shikun & Binui commissions a 71 MW solar power plant in Romania
Israeli group Shikun & Binui begins commercial operation of its first photovoltaic park in Romania, a 71 MW facility located in Satu Mare County.

Iraq and Syria Revive Kirkuk-Baniyas Pipeline to Bypass Traditional Routes

Baghdad and Damascus intensify discussions to reactivate the 850 km pipeline closed since 2003, offering a Mediterranean alternative amid regional tensions and export blockages.
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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.
OPEC+ Cuts Production Despite Higher Quotas in July
OPEC+ oil production fell to 41.65 million barrels per day in July 2025, reveals S&P Global's Platts survey, as Saudi Arabia normalizes production after June's Iran-Israel tensions.

IAEA Dispatches Envoy to Tehran to Negotiate New Nuclear Framework

A senior official from the UN agency begins technical discussions with Iran on Monday, the first meeting since June strikes on Iranian nuclear sites.
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ISRAEL: NewMed Energy signs historic $35bn gas deal with Egypt through 2040
The Israeli group NewMed Energy has signed a natural gas export contract worth $35bn with Egypt, covering 130bn cubic metres to be delivered by 2040.
Japanese refiners face critical challenge of Middle Eastern oil dependency
Record Gulf crude imports expose structural vulnerabilities of Japanese refining amid rising geopolitical tensions and Asian competition.
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Primary Hydrogen targets Q1 2026 permit for its Wicheeda North project
Ocean Winds launches its first offshore measurement campaign for the High Sea Wind project
esVolta transfers Black Walnut project tax credit to Computacenter
AM Green and Mitsui sign agreement for green aluminium complex in India
SECI partners with Global Energy Alliance to accelerate India’s grid modernisation
European Gas Prices at Six-Month High
Find out why European gas prices have reached their highest level in six months, and what's behind the rise.
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The complexities of tensions Turkey Iraq: Kurdistan’s oil in question
Iraqi Kurdistan, an autonomous region in northern Iraq, has acquired a leading position on the energy scene thanks to its vast oil reserves. Officially recognized by the 2005 Iraqi constitution, this region, which shares borders with Iran, Turkey and Syria, plays a central role in the Kurdistan region, with Erbil as its capital.
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Rosebank oil field receives UK support

A controversial decision: UK grants permission for Rosebank oilfield development
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Strengthening energy cooperation between Greece, Cyprus and Israel
The three countries are strengthening their energy cooperation to facilitate natural gas and renewable energy exports to Europe. This initiative has the potential to diversify Europe's gas supplies and improve the integration of renewable energies, but it also raises environmental and geopolitical concerns.
Enlight subsidiary Clēnera begins sales operations at Apex Solar
The Apex Solar project, a milestone in Montana's renewable energy landscape. Clēnera, an Enlight affiliate, proudly announces the start of commercial operations on August 4, 2023. This joint project represents a significant milestone for Clēnera, marking its first project since the acquisition by Enlight in 2021.

ADNOC: New International Gas Investment Strategy

ADNOC is adopting an investment strategy to expand its footprint in international gas projects, focusing on LNG and the gas value chain, while forging partnerships with global players.
DOE invests 1B in clean hydrogen, driving a carbon-free economy and job creation. (67)
TotalEnergies announces the arrival of a drilling rig offshore Lebanon
TotalEnergies is preparing to start drilling for oil in the disputed waters between Lebanon and Israel. The French energy giant is moving ahead with its Italian partner Eni in exploring the potential Cana field, marking a crucial step in the process.
Chevron prefers to buy US LNG for export projects
Chevron relies on long-term contracts with U.S. exporters to build its LNG portfolio, and prefers to buy rather than build to differentiate itself from competitors in the U.S. LNG sector.

Nexans wins record-breaking contract for the EuroAsia Interconnector

Design sans titre(62)
Dynamic Electric Recharging Soon to be Tested on the A10
Dynamic charging on freeways opens up new prospects for vehicle electrification. This promising technology will increase range and reduce battery requirements.
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Cyprus and Israel in negotiations for an offshore gas pipeline
Cyprus and Israel are discussing a pipeline linking their gas fields, but Cyprus' energy minister is suggesting a maritime corridor for the transport of liquefied gas instead, stressing the importance of natural gas supply and the search for efficient alternatives.

Veolia in strong growth in the first quarter thanks to energy prices

Veolia recorded a 20% increase in revenue in the first quarter of 2023 compared with the previous year, driven by the sharp rise in energy prices. The energy sector represents 23% of the group's activity, followed by recycling (35%) and water management (42%).
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Guadeloupe wants to double its electricity production from geothermal energy
The Bouillante geothermal plant in Guadeloupe wants to reach 20% of electricity production thanks to a hot water reserve at low depth. Geothermal energy is clean, low-carbon and cheaper to produce than other energies, but the long procedures slow down many projects.
Chevron: tender for a drilling vessel
Chevron is looking to lease a drillship to explore for natural gas in the eastern Mediterranean, in the offshore areas of Cyprus, Egypt and Israel. The company already operates in these areas and is looking to accelerate the development of the Aphrodite gas field and nearly double production from the Leviathan field by 2027.

Wärtsilä and Rio Amazonas Energia sign operating agreement

Wärtsilä has signed an operation and maintenance agreement with Rio Amazonas Energia for the Cristiano Rocha power plant in Brazil. The five Wärtsilä 50SG gas engines guarantee a stable and reliable power supply.
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BP and ADNOC offer nearly $4 billion to buy 50% of NewMed Energy
Israeli gas group NewMed Energy has received an offer to buy 50% of its capital for about $4 billion. This proposal comes from a consortium formed by BP and ADNOC, British and Emirati energy giants.
In Italy, a floating regasification unit stirs up controversy
The arrival of a floating regasification unit in Italy is divisive. While the Italian government is highlighting the benefits in terms of energy autonomy, environmental groups are expressing concerns about safety and environmental risks.

Italy turns to Israel to free itself from Russian gas

Israeli Prime Minister Benjamin Netanyahu announced at a forum in Rome that Israel wants to strengthen its gas cooperation with Italy. This statement is part of Italy's drive to reduce its dependence on Russian gas and move towards more sustainable energy sources.
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Israel: Sungrow signs a contract for energy storage systems
Sungrow has signed a contract for several hundred MWh with Doral Renewable Energy Resources Group. This collaboration will enhance the stability and reliability of the Israeli power grid, contributing to the local zero carbon ambition.
Nuclear: IAEA chief expected in Iran
Particles of 83.7% enriched uranium were detected in the underground plant at Fordo. Rafael Grossi, the director general of the International Atomic Energy Agency, is expected to be in Tehran to discuss this issue and to restart the dialogue between the IAEA and Iran.
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