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Israel

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.

TAG Oil secures three-year extension to evaluate BED-1 oil field in Egypt

TAG Oil extends the BED-1 evaluation period until October 2028, committing to drill two new wells before deciding on full-scale development of the Abu Roash F reservoir.
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Expro deploys its ELITE Composition™ service on offshore well in Cyprus

Expro delivered its new on-site fluid analysis service for a major oil operator in Cyprus, cutting turnaround times from several months to just hours during an exploration drilling campaign in the Eastern Mediterranean.

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.

Lukoil sells its African oil assets to Gunvor under pressure from US sanctions

Swiss trader Gunvor will acquire Lukoil’s African stakes as the Russian company retreats in response to new US sanctions targeting its overseas operations.
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Scatec cuts debt by 27% and reaches record 3,392 MW in projects

Scatec strengthened growth in the third quarter of 2025 with a significant debt reduction, a rising backlog and continued expansion in emerging markets.

Jordan prepares three major energy projects with German support

Amman plans to launch tenders for 400 megawatts of solar, wind and storage projects, as part of a strengthened bilateral energy cooperation with Germany.

QatarEnergy acquires 40% of North Rafah offshore block in Egypt alongside Eni

QatarEnergy has acquired a 40% stake in the North Rafah offshore exploration block, located off Egypt’s Mediterranean coast, strengthening its presence in the region in partnership with Italian group Eni.
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First El Dabaa nuclear reactor receives 330-tonne pressure vessel

The reactor vessel for Unit 1 at Egypt’s El Dabaa nuclear plant has been delivered following a 20-day maritime transport from Saint Petersburg, marking a critical milestone in the country’s energy project.

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.

Egypt seeks to attract Japanese manufacturers to Suez Canal zone

During his visit to Tokyo, the SCZONE chairman presented industrial and logistics projects aimed at establishing the Suez Canal as a regional hub for alternative fuels and supply chains.
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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.

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 confirms its ability to supply Lebanon with energy via interconnections

Amman says it is ready to provide electricity and natural gas to Lebanon using its already operational infrastructure, pending the completion of regional procedures.
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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.

Egypt and UAE join forces to connect electricity to Europe

The Egyptian government and UAE-based K&K have signed an agreement to finalise studies for an electricity interconnection project linking Egypt to Europe via Italy.

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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BP launches five-well offshore gas drilling campaign in Egypt

BP has awarded Valaris a $140mn drilling contract for a Mediterranean offshore campaign aimed at reinforcing Egypt’s declining gas output since 2021.

Egypt to drill 480 new oil and gas wells by 2030

Egypt’s petroleum ministry will launch 480 exploration wells by 2030 with investments exceeding $5.7bn, aiming to revive production and reduce reliance on imports.
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Kibo Energy acquires 36 renewable energy projects for 400 million euros

Kibo Energy PLC has signed a major agreement with ESGTI AG to acquire a portfolio of renewable energy projects worth 400 million euros. This transaction raises crucial financial and strategic issues for the future of the company.

Egypt strengthens its position in the global LNG market

Egypt strengthens its position in the global LNG market by awarding a tender for 20 cargoes, despite price fluctuations and increased competition. This decision raises strategic issues for future supply.

AMEA Power launches Africa’s largest battery-powered solar project

AMEA Power signs agreements with the Egyptian Electricity Transmission Company for a 1,000 MW solar project and 600 MWh energy storage, setting a significant milestone for energy infrastructure in Africa.
Signature des PPAs entre AMEA et la compagnie de distribution électrique égyptienne

Scatec signs a 25-year PPA in Egypt

Scatec and Egyptian Electricity Transmission Company sign an agreement for a 1 GW and 100 MW/200 MWh hybrid solar and storage project in Egypt, marking a key development in the country's energy sector.
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Ellomay Capital secures €110 million for its solar projects in Italy

Ellomay Capital signs a €110 million financing commitment with a European investor to support its solar portfolio in Italy, including projects in operation, under construction and ready for launch.

European natural gas market: Speculative funds and increased volatility

The positions of hedge funds in European natural gas are having a major impact on price volatility. European Union regulators are considering new measures to limit these fluctuations.
Terminal LNG en Allemagne

Arava Power launches its first 270 MW solar project in Texas

Arava Power begins operating SUNRAY, a 270 MW photovoltaic power plant in Texas, marking its entry into the American market, in collaboration with Paz Group and Menora Mivtachim.
Centrale solaire SUNRAY au Texas

EliTe Solar invests USD 150 million in an 8 GW solar plant in Egypt

EliTe Solar launches a $150 million project for an 8 GW solar plant in Egypt. The aim is to boost its production capacity and optimize its global supply chain, while supporting Egypt's energy ambitions.
Panneaux solaires en Égypte

Astronergy delivers 1 GW of solar modules for projects in Algeria

Astronergy supplies 1 GW of solar modules to Algeria, supporting the development of 2,000 MW of photovoltaic power plants as part of the country's energy strategy.
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Egypt seeks foreign funding to secure gas imports

Egypt, faced with an energy crisis due to a drop in gas production, depends on financing from Saudi Arabia and Libya to secure its purchases of liquefied gas.

Premium energy basins seek to reduce emissions

According to Rystad Energy, demand for hydrocarbons will remain high. Premium energy basins such as Rub Al Khali and Gulf Deepwater are identified as strategic targets for maintaining production while reducing CO2 emissions.

Algeria joins the New BRICS Development Bank

Algeria joins the New BRICS Development Bank, seeking to diversify its sources of financing and strengthen its position on the international financial scene.
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Development of the Aphrodite gas field in Cyprus: tensions and adjustments

The Aphrodite gas field in Cyprus' EEZ is at the center of complex negotiations between the Chevron-Shell-NewMed consortium and the Cypriot government, following differences over the proposed development plan.
Drapeau de Chypre

Eco Wave Power strengthens its position with projects in the United States and Israel

Eco Wave Power reports solid half-year results and makes progress on its marine energy projects in Israel and the United States, while receiving the EDF Pulse Award for its innovations in energy systems.

Asian LNG prices outperform US prices amid uncertainty

Liquefied natural gas (LNG) prices in Asia continue to climb relative to the US, buoyed by geopolitical tensions and global supply disruptions, reflecting an energy market under pressure.
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Ethiopia exacerbates regional tensions with GERD

Ethiopia completed the filling of the Grand Barrage de la Renaissance (GERD) reservoir, increasing electricity production to 1,550 MW. This progress, achieved despite objections from Egypt and Sudan, aggravates geopolitical tensions over control of the Nile's water resources.

Masdar, Infinity Power and EETC sign contract for 200 MW wind project in Egypt

Masdar and Infinity Power sign a PPA with the Egyptian Electricity Transmission Company to build a 200 MW wind farm in Ras Ghareb, consolidating Egypt's energy supply.

Egypt projects a return to normal energy production by 2025

Egypt's Prime Minister, Mostafa Madbouly, announces a strategy to restore oil and gas production to previous levels by 2025, in collaboration with international partners.
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After Algeria, Iraq reinforces Lebanon’s heavy fuel oil supply

Lebanon obtains crucial support from Iraq with an increase in heavy fuel oil deliveries to 125,000 tonnes in August, aimed at keeping its power plants operational in the midst of the crisis.

China and India dominate the global solar megaproject scene

China and India are stepping up investment in solar megaprojects, reinforcing their dominant position in the renewable energies sector.
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