Faced with shorter approval timelines, several European nuclear firms, including Newcleo, Orano and Urenco, are considering relocating key industrial investments to the United States.
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.
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.
Swiss trader Gunvor has withdrawn its $22bn offer to acquire Lukoil’s international assets after the US Treasury announced it would block any related operating licence.
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.
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 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.
Sanctions imposed by the U.S. and the U.K. are paralyzing Lukoil's operations in Iraq, Finland, and Switzerland, putting its foreign businesses and local partners at risk.
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.
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.
Swiss trader Gunvor will acquire Lukoil’s African stakes as the Russian company retreats in response to new US sanctions targeting its overseas operations.
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.
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 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.
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.
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.
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 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.
NatPower UK announces an investment plan of over 10 billion GBP to develop the UK's largest battery energy storage program, aimed at accelerating the transition to 100% renewable energy by 2035.
The agreement between ERG and Apex Clean Energy for the acquisition of 317 MW of wind and solar assets in the USA marks a significant strategic expansion for ERG in the energy sector.
The energy industry is on the verge of a major revolution with the recent partnership between McPhy Energy and HMS Oil & Gas in Germany. This innovative project, centered on the supply of green hydrogen by pipeline, promises to radically transform Europe's energy landscape.
One year after the introduction of the Russian crude oil price cap, Moscow's circumvention strategies are calling into question the effectiveness of Western sanctions.
Enfinity Global Inc. closes a €118 million financing package for four solar power plants in Italy, marking a giant step forward in renewable energy with the support of UniCredit, BayernLB and Siemens Bank.
Rwanda unveils its carbon market project at COP28 in Dubai, aiming to establish a cap-and-trade system and strengthen its participation in the UN's Article 6 market.
Mini nuclear reactors for low-carbon merchant ships: a strategic alliance between Newcleo, Fincantieri and Rina aims to explore applications for small modular reactors (SMRs) cooled with lead.
Energy Dome revolutionizes energy storage with its CO2 Battery™. Thanks to a second round of financing of €55 million, the company is aiming for global expansion in the fight against climate change.
The International Congress on Hydrogen Fuel Cell Vehicles and Exhibition 2023 (FCVC 2023) marked a major breakthrough for the hydrogen energy industry in China.
Algeria's natural gas exports to Southern Europe will remain robust in 2023, with Italy still dependent on Algerian imports and an increase in gas flows to Spain.
Czech oil company Mero has signed an agreement to increase the capacity of the TAL transalpine pipeline, allowing the Czech Republic to free itself from dependence on Russian oil as early as 2025, with $73 million in funding from Mero.
Westinghouse and Ansaldo Nucleare have signed a cooperation agreement to develop leaded fast reactor (LFR) technology. This partnership is an important step toward a cleaner, safer and more economically competitive energy future.
Sonnedix and Statkraft join forces in the field of solar energy in Italy. Through 10-year PPA agreements, Sonnedix will supply Statkraft with a significant amount of green electricity, reducing CO2 emissions and providing clean energy to thousands of Italian homes.
The cap on Russian oil prices imposed by the EU, G7 and Australia has met its objectives, according to a US Treasury report. Russian oil exports increased in April 2023 compared to March 2022, but Russia is having difficulty finding buyers for its crude.
The construction of the Southern Hydrogen Corridor in Europe is politically supported by the Ministries of Energy of Italy, Austria and Germany. Gas infrastructure operators Snam, TAG, GCA and bayernets have formed a partnership to develop the SoutH2 corridor.
The Italian government has succeeded in imposing its candidate, Paolo Scaroni, as chairman of the board of directors of Enel, despite a revolt by some of the shareholders. This choice raises concerns about the independence of the Board of Directors and the future of the company's commitment to sustainable development.
The Tandem cell, a revolutionary solar cell developed by 3Sun and CEA Team at INES, sets a new efficiency record at 26.5%. This technological breakthrough enables 3Sun to become a reference gigafactory by producing high-performance solar panels on a large scale to contribute to the energy transition.
