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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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Indonesia records 836 Mt coal output in 2024 despite falling revenues

Indonesia’s coal overproduction has cut state revenues and company profits, while methane emissions from mines far exceed official figures.

OMS Energy turns to AI and robotics to capture global pipeline inspection market

OMS Energy is accelerating investments in artificial intelligence and robotics to position itself in the growing pipeline inspection and maintenance sector, a strategic segment with higher margins than traditional equipment manufacturing.

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.
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Pembina and PETRONAS sign 20-year agreement for Cedar LNG liquefaction capacity

Pembina Pipeline Corporation and PETRONAS have signed a long-term agreement securing 1 million tonnes per year of liquefaction capacity at Canada's Cedar LNG terminal, reinforcing their positions in the global liquefied natural gas market.

NU E Power acquires 500 MW of energy assets to strengthen global network

NU E Power Corp. acquires 500 MW of hybrid projects from ACT Mid Market Ltd. to support the global expansion of its artificial intelligence and Bitcoin mining infrastructure.

Ormat Technologies increases its quarterly revenue by 17.9%

Ormat Technologies reported a rise in revenue for the third quarter, supported by solid performances in its Product and Storage segments, and revised its 2025 annual guidance upward.
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Sinopec signs $40.9bn in deals during 2025 China International Import Expo

Sinopec finalised supply agreements worth $40.9bn with 34 foreign companies at the 2025 China International Import Expo, reinforcing its position in the global petroleum and chemical trade.

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.

EVE Energy and EVO Power sign strategic agreement for their expansion in Australia

EVE Energy will supply 2.2 GWh of storage systems to EVO Power over five years, supporting the large-scale deployment of front-of-meter solutions in the Australian market.
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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.

Global warming heads toward 2.5°C despite commitments

Current emission trajectories put the planet on course for a 2.3°C to 2.5°C rise, according to the latest UN calculations, just days before the COP30 in Belem.

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.
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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.

Dragon Oil and PETRONAS Forge Strategic Oil Exploration Agreement

Dragon Oil, a subsidiary of Emirates National Oil Company, partners with PETRONAS to enhance technical and commercial cooperation in oil and gas exploration and production.

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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GCL signs two 100 MW solar projects with PLN IP in Indonesia

GCL Energy Technology strengthens its presence in Southeast Asia by partnering with PLN Indonesia Power to develop two 100 MW solar plants, both ground-mounted and floating, as part of the government’s Hijaunesia program.

The UN validates an Article 6.4 methodology for landfill methane

The Paris Agreement Crediting Mechanism formalizes a landfill-methane methodology, imposes an investment-based additionality test, and governs issuance of traceable units via a central registry, with host-country authorizations and corresponding adjustments required.

Indonesia Banks on Its First Battery Plant to Become an Electric Vehicle Leader

By leveraging its nickel resources, Indonesia inaugurates its first battery plant with the ambition of becoming a major player in the electric vehicle supply chain.

The Asia-Pacific Faces Carbon Capture Challenges to Reduce Upstream Emissions

With growing emissions in the oil and gas sectors, the Asia-Pacific is exploring carbon capture and storage (CCS) solutions to meet climate goals, but the lack of a unified strategic framework hinders progress.

Eni’s Profit Drops 73%: The Group Weakened by Falling Oil Prices

Eni's Profit Drops 73%: The Group Weakened by Falling Oil Prices
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Indonesia Expels Chinese Vessel for the Third Time This Week

Indonesia Expels Chinese Vessel for the Third Time This Week

The “Coral Triangle” in Danger from Petroleum Expansion

An NGO report warns of environmental risks associated with oil and gas concessions in the "Coral Triangle," one of the world’s richest marine ecosystems, threatened by maritime traffic and oil spills.

Brazil Overtakes Malaysia as Top Supplier of Venezuelan Heavy Crudes to China

In September, Brazil replaced Malaysia as the top supplier of blended bitumen to China, due to banking restrictions and new trade opportunities with Latin American countries.
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Eni sells 25% of Enilive to KKR for €2.9 billion

Eni sells 25% of Enilive to KKR for €2.9 billion

BW Energy increases oil production in Gabon with a goal of 40,000 barrels per day

BW Energy plans to reach a production of 40,000 barrels per day off the coast of Gabon by the end of 2024, thanks to an intensive drilling campaign in the Dussafu block.

Europe and Algeria sign a strategic agreement for the green hydrogen SoutH2 corridor

A Memorandum of Understanding (MoU) has been signed to launch the SoutH2 project, an energy corridor connecting Algeria to Europe. This 3,300 km pipeline will transport up to 4 million tonnes of green hydrogen per year by 2030.
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Chinese demand revives Australian raw coal exports

Australian coal producers reduce the processing of lower grades due to rising exports to China, while South Korean demand for higher grades declines.

Japan, future leader of captured CO2 trade in Asia-Pacific by 2050

Japan is projected to become the leading hub for captured carbon (CO2) trade in the Asia-Pacific region by 2050, according to Wood Mackenzie, with government investment and policy support being crucial to this goal.

Negotiation Block Between Singapore and Thailand Over the LTMS Energy Project

Discussions between Singapore and Thailand on the second phase of the LTMS project are stalling, delaying regional interconnection in Southeast Asia. A disagreement persists regarding the amount of electricity to be guaranteed to cover transmission costs.
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Orano launches working groups for the development of fast reactor fuels

Orano creates two sharing groups dedicated to fast neutron reactors in France. These groups bring together the main designers of advanced modular reactors, aiming to develop sustainable nuclear fuel solutions.

Shell Contains Oil Spill at Bukom Without Disrupting Operations

An oil spill of 30-40 tonnes was contained by Shell at Bukom, Singapore, without affecting operations. The company is collaborating with the authorities for clean-up while continuing its local restructuring.

Southeast Asia’s Growing Appetite for Oil and Gas in the Spotlight

Southeast Asia's increasing energy demand will take center stage, according to Fatih Birol of the International Energy Agency (IEA). Ensuring the security of energy flows amid geopolitical turmoil is paramount for the region.
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Malaysia Sets 2026 Carbon Tax, Reaffirms Decarbonization Goals in Budget 2025

Malaysia will introduce a carbon tax in 2026 targeting the steel, iron, and energy industries, in line with its emission reduction ambitions. This measure aligns with the EU's Carbon Border Adjustment Mechanism.

Italy Considers Return to Nuclear Energy under Meloni Government

The Italian government, led by Giorgia Meloni, is preparing a legislative framework to reintroduce nuclear energy, aiming to achieve carbon neutrality by 2050 and reduce dependence on Russian gas.

Crisis in Venezuelan Oil: Arrest of Pedro Tellechea

Venezuela's oil sector is shaken by the arrest of former minister Pedro Tellechea, revealing ongoing political and economic tensions within the industry.
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European Nuclear Energy Alliance Calls for Support from the EU Commission

Members of the European Nuclear Energy Alliance have called on the upcoming European Commission to recognize the role of nuclear and renewables in Europe's decarbonization between 2024 and 2029.

Petronas Exploration in the South China Sea: Geopolitical and Energy Challenges

Petronas' exploration in Malaysia's exclusive economic zone in the South China Sea raises major geopolitical and economic issues, influencing bilateral relations and the regional energy market.