Italia

Newcleo considers shifting €16bn nuclear projects from the UK to the United States

Faced with shorter approval timelines, several European nuclear firms, including Newcleo, Orano and Urenco, are considering relocating key industrial investments to the United States.

The “Belém 4x” pledge targets global sustainable fuels surge by 2035

Nineteen countries, led by Brazil, Italy, Japan and India, aim to quadruple sustainable fuel production by 2035, marking a major industrial and regulatory challenge for global energy and transport supply chains.

BW Ideol secures up to €74mn for concrete floater plant in Fos-sur-Mer

The European Commission has selected BW Ideol’s Fos3F project for a grant of up to €74mn, targeting the construction of a concrete floater plant for floating wind turbines at the industrial site of Fos-sur-Mer.
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Engie maintains its 2025 targets despite pressure on energy prices

Engie maintains its 2025 earnings guidance despite falling energy prices and weaker hydro output, relying on its performance plan and a stronger expected fourth quarter.

Gunvor rules out resale of Lukoil assets to Russia after acquisition

Commodities trader Gunvor confirmed that the assets acquired from Lukoil will not return under Russian control, despite potential sanction relief, amid growing regulatory pressure.

GreenYellow and Sasol Italy launch the construction of a 5.1 MWp solar plant in Lombardy

GreenYellow and Sasol Italy announce the start of construction of a 5.1 MWp photovoltaic solar plant in Terranova Dei Passerini. This project aims to strengthen Sasol’s energy independence in Italy while contributing to the industrial energy transition.
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Pakistan cancels 21 Eni LNG cargoes and seeks to renegotiate its contracts with Qatar

Pakistan cancels 21 planned LNG cargoes from Eni due to a gas surplus and negotiates with Qatar for potential deferment or resale of shipments.

Le TAP augmente ses nominations de gaz aux interconnexions européennes clés

Les nominations du Trans Adriatic Pipeline progressent à Melendugno, Nea Mesimvria et Komotini, signalant davantage d’offre pipeline et une flexibilité accrue pour les expéditeurs face aux arbitrages avec le gaz naturel liquéfié.

Eni and PETRONAS Create an ASEAN Upstream NewCo, $15B in Investments

The joint venture combines 19 assets (14 in Indonesia, 5 in Malaysia), aims for 300 kboe/d initially and >500 kboe/d, and focuses investments on gas to supply Bontang and the Malaysia LNG complex in Bintulu.
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Volkswagen secures 400 GWh of Guarantees of Origin from Enfinity in Italy

Enfinity Global has signed a ten-year agreement with VW Kraftwerk GmbH for the annual supply of 40 GWh of Guarantees of Origin from its photovoltaic power plants in Italy.

Prysmian raises annual targets after record Q3 performance

The Italian industrial cable manufacturer posted revenue above €5bn in the third quarter, driven by high-voltage cable demand, and adjusted its 2025 guidance upward.

80 Mile PLC takes full control of Ferrandina and signs three key agreements in Italy

80 Mile PLC has completed the full acquisition of Ferrandina in Italy and signed three memorandums of understanding with major energy groups, securing the supply and processing of 120,000 tonnes of biofuels per year.
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Korkia and Evolution Power secure approval for 250 MW solar project in the UK

The UK government has authorised the construction of the Stonestreet Green Solar project, combining 150 MWp of solar capacity and 100 MW of battery storage, marking a major step for Korkia and Evolution Power’s infrastructure portfolio.

Italian court approves extradition of Ukrainian suspect in Nord Stream case

An Italian appeal court has approved the extradition to Germany of a former Ukrainian commander suspected of coordinating the 2022 sabotage of the Nord Stream gas pipeline, a decision now challenged in cassation.

Sonatrach replaces its CEO as internal tensions mount

Algeria has removed Rachid Hachichi from the leadership of Sonatrach, two years after his appointment, replacing him with Noureddine Daoudi, former head of the National Agency for the Valorisation of Hydrocarbon Resources.
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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.

Ghana targets $16 billion in oil revenues despite declining production

Ghana aims to secure $16 billion in oil revenues over ten years, but the continued drop in production raises doubts about the sector’s long-term stability.

Eni raises 2025 targets after 54% surge in quarterly net profit

Eni's net profit rose to €803mn in the third quarter, supported by a 6% increase in production despite falling crude prices.
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Eni phases its biorefineries to 1.65 Mt/y and secures financing

Enilive aligns conversions in Italy, hubs in Asia and U.S. diversification, with rising HVO margins, integrated pretreatment and HVO/SAF offtakes tied to European requirements, supporting volumes, site utilization and operational guidance.

Newcleo awards $81mn contract to NEXT-N for advanced modular reactors

French developer Newcleo launches a joint venture with Nextchem through a EUR70 mn contract to design the conventional island of its upcoming 200 MW modular nuclear reactors.

France sets electricity export record with 89 TWh in 2024

In 2024, France achieved an unprecedented net electricity export level of 89 TWh, driven by a restored nuclear production and strengthened renewable performance.

Italy, United States, and Africa Confirm 1342 MW in New Wind Energy Orders with Vestas

Vestas secures 1342 MW of wind energy orders across Europe, the United States, and Africa, driving renewable energy expansion globally.

Germany Suspends 20% of Kazakh Oil Imports After Pipeline Disruption in Poland

The disruption on the Druzhba pipeline, connecting Poland to Germany, halts 20% of Germany’s Kazakh oil supply, with a resumption expected by year-end.
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A waste-based sustainable aviation fuel (SAF) project launched in Indonesia

NextChem, a subsidiary of Maire, is developing a SAF plant in Sumatra using used oils and local biomass effluents, promising up to a 95% reduction in aviation emissions through innovative technologies.

Italy Approves Two 162 MW Energy Storage Projects with Emeren

Emeren and Arpinge finalize two energy storage projects in Sicily, totaling 162 MW capacity, strengthening the national portfolio in a rapidly transforming market.

United Kingdom: Ballard Secures 6.4 MW Contract for Public Zero-Emission Buses in Europe

Ballard Power Systems announces an order of 90 fuel cells, totaling 6.4 megawatts, for public buses in the United Kingdom and Europe. These initiatives are supported by public funding programs for energy transition.
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Italy: MAIRE-newcleo agreement for a 200 MWe nuclear reactor

MAIRE S.p.A. and newcleo Holding launch Italy's first nuclear project under the Meloni government, featuring a 200 MWe advanced modular reactor.

Slovakia: EPH acquires 50% of Slovenske Elektrarne for 150 million euros

EPH, a Czech group owned by Daniel Kretinsky, acquires a majority stake in Slovenske Elektrarne for 150 million euros, consolidating its presence in the European nuclear energy market.

700 million euros invested to connect offshore wind farms to the French power grid

A 700-million-euro project aims to connect two offshore wind farms to the national power grid, strengthening strategic energy infrastructure in France.
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AleAnna invests $40 million in three biomethane plants in Italy

AleAnna announces a $40 million investment in three biomethane plants in Tuscany and Piedmont, supported by $11 million in public incentives.

EIB Grants €243 Million to ERG to Strengthen Its Wind and Solar Assets in Europe

The European Investment Bank finances the development and modernization of energy infrastructure in France, Italy, and Germany, supporting a portfolio of 270 MW of renewable projects.

The OPEC Fund approves nearly one billion dollars for strategic global projects

The OPEC Fund has validated a financing portfolio totaling nearly one billion dollars in the fourth quarter of 2024, distributed across structuring projects in governance, infrastructure, and trade in several strategic regions.
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PPC Group invests in two photovoltaic plants in Italy to strengthen its presence in Southeast Europe

PPC Group enters the Italian renewable energy market with two solar plants totaling 32 MW, continuing its expansion in interconnected Southeast European countries.

Enfinity Global closes €165 million for three 147 MW solar projects in Italy

Enfinity Global has secured €165 million in financing to develop three solar plants with a combined capacity of 147 MW in the Lazio region, Italy. These projects are expected to be operational by 2026.

ENCAVIS acquires two ready-to-build solar projects in northern Italy

Encavis AG strengthens its Italian portfolio with two new solar projects in Emilia-Romagna, totaling 18.4 MW capacity and an estimated annual production of 28 GWh.
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Geothermal Energy: A Strategic EU Response to the Energy Crisis

To reduce its dependency on Russian gas, the European Union is betting on geothermal energy, a renewable and local solution. This strategic lever aims to strengthen its energy sovereignty and accelerate the transition to a decarbonized future.

EDP Connects Two New Solar Plants with 103 MWp Capacity in Italy

EDP continues its expansion in renewable energy in Italy by connecting two new solar plants capable of powering nearly 60,000 homes and avoiding 67,000 tons of CO2 emissions annually.

Argus Introduces First Daily Price Indices for Greek Natural Gas

Argus Media revolutionizes the energy market by launching daily price indices for Greek natural gas, providing unprecedented transparency in a context of growing volatility in Europe.
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First Electric Batteries Made in France: A Challenge for European Sovereignty

ACC launches the production of electric batteries in France, marking a major milestone in the European automotive industry as it seeks to counter Asian dominance. A closer look at the challenges and ambitions of this industrial project.

Spain boosts gas imports to meet demand

Facing high gas demand and insufficient renewable production, Spain increases its French imports and storage withdrawals while competing with the UK for LNG shipments.