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Newcleo launches European safeguards process for lead-cooled modular reactor

French nuclear reactor developer Newcleo has submitted its lead-cooled small modular reactor design to Euratom, initiating the first regulatory phase to integrate nuclear non-proliferation safeguards at the European level.

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.
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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.

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.
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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.

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.
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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.

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.
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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.

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.
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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.

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.

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.

Italy wants to save a Lukoil refinery

Italy wants to save a refinery owned by Lukoil in Sicily, including by asking the European Union for a temporary derogation.

Santa Barbara: an innovative energy storage in Italy

In Santa Barbara, in the municipality of Cavriglia, Tuscany, Enel and Brenmiller inaugurate an energy storage system.

Italy wants to tax the “excess profits” of energy giants more “effectively”

Italy plans to make its system of taxing the "excess profits" of energy giants, introduced last March, more "effective
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Italy: authorization for drilling in the Adriatic Sea

Italy wants to expand gas drilling concessions in the Adriatic, hoping to double production to 6 billion m3/year.

The Savoie-Piémont electrical interconnection is starting to work

The Savoie-Piémont electrical interconnection became partially operational on Monday, after seven years of work.

ISAB Refinery: Lukoil refuses to sell

The ISAB refinery owned by the Russian oil producer Lukoil declines the purchase offer of Crossbridge Energy Partners.
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Enel: Nine-month profit at Berne despite a jump in revenues

Italian energy giant Enel saw its net profit fall by 29.8% to 1.76 billion euros in the first nine months of the year.

Castelmauro inaugurated by Enel Green Power

Castelmauro, located in Molise, Italy, inaugurates the Enel Green power wind farm with a capacity of 29MW.

Driven by High Prices, Eni Quintuples Third Quarter Earnings

Eni almost quintupled its net profit in the third quarter to 5.86 billion euros, driven by soaring energy prices.
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Eni: Third quarter profit almost quintuples to 5.86 billion euros

Italian oil and gas giant Eni has almost quintupled its net profit in the third quarter to 5.86 billion euros.

Terna USA Enters the American Market

Terna, Meridiam and Boundless Energy partner in Terna USA to implement transmission infrastructure projects.

Green light for a contested gasification plant in Tuscany

The contested establishment in Tuscany of a gasification plant, considered crucial to fight against Italy's dependence on Russian gas.
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EDP Signs Major Contract

EDP, chosen by Verallia, will build five new photovoltaic plants with a total capacity of 15MWp.

Italy Approves New LNG Terminal

Italy is giving the green light to the new liquefied natural gas (LNG) terminal in the Tuscan port of Piombino.

The Commission Assesses the Energy Crisis

The European Commission, in reports underlines the impact of gas supply cuts in the second quarter of 2022.
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Sonnedix acquires ARCO in Chile

Sonnedix, completes the acquisition of ARCO, one of the largest independent renewable energy producers in Chile.

Octopus Energy seduces Italy

Octopus Energy enters the Italian power generation market through a new partnership with Nexta.

Corlacky Hill wind farm sold by RES

RES announces the sale of the Corlacky Hill wind farm to ERG UK Holding Ltd, a subsidiary of ERG, one of Europe's leading wind power producers.
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ENEL definitively sells its Russian subsidiaries

ENEL announces that it is finalizing the sale of its entire stake in PJSCEnel Russia, equal to 56. 43% of the share capital of the latter. The total amount is approximately 137 million euros.

Enel Green Power increases its solar portfolio

Enel Green Power is building one of the largest solar power plants in northern Italy. Once fully operational, it will be able to produce approximately 130 GWh per year.