Italia

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.

Egypt launches $220mn solar complex in the Suez Canal zone

The ATUM Solar industrial complex, located in Ain Sokhna, will include three factories—two of 2 GW capacity—backed by a $220mn investment from an international consortium.

ADNOC raises up to $11bn to finance the Hail and Ghasha offshore gas project

Abu Dhabi’s national oil company has secured a landmark structured financing to accelerate the development of the Hail and Ghasha gas project, while maintaining strategic control over its infrastructure.
en_114018181248540

Masdar commissions first UK storage site and adds 150 MW of new capacity

Masdar begins commercial operations at a Stockport battery storage unit and announces two more UK projects, part of a £1bn ($1.25bn) plan for 3GWh of BESS capacity.

Future Fund Oman engage $1.2bn pour accélérer 141 projets énergétiques et industriels

Le fonds souverain omanais a validé 141 projets en 2025 pour un engagement total de $1.2bn, visant à renforcer l’indépendance énergétique et l’industrialisation nationale à travers un programme d’investissement de $5.2bn.

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.
en_1140101158540

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.

INNIO and KMW build 54 MW gas-fired power plant to secure data centres

INNIO and KMW partner to construct a 54 MW modular gas power plant in Mainz, designed to stabilise the grid and ensure supply to the future Green Rocks data centre.
en_1140991153540

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.

EDF, SPIC and SAPCO consortium secures financing for 1,400 MW solar projects in Saudi Arabia

Two photovoltaic plants with a combined capacity of 1,400 MW will be operational in 2027, strengthening EDF Group's international presence and Asian actors in Saudi Arabia's energy market.

SLB launches Tela, an agentic artificial intelligence for upstream oil operations

SLB has unveiled Tela, an agentic artificial intelligence technology designed to automate upstream processes and enhance operational efficiency at scale.
en_1140551185540

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.

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.
en_114041155540

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.

ADNOC, Microsoft, Masdar and XRG lock energy and AI loads

The partnership combines industrial AI tools, continuous power supplies, and investment vehicles, with volumes and metrics aligned to the demands of high-density data centers and operational optimization in oil and gas production.

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.
en_114041143540

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.

EBRD finances renewable hydrogen plant in Uzbekistan

The European Bank for Reconstruction and Development (EBRD) is supporting the construction of a renewable hydrogen production unit in Uzbekistan, aimed at reducing the use of fossil hydrogen in the fertilizer industry.

Ukraine interrupts Russian gas transit: immediate impact for Europe

Ukraine is terminating its gas transit contract with Gazprom from December 31, 2024, a move that will disrupt energy flows to Europe and heighten geopolitical tensions.

Enfinity Global commits 500 million euros to 1.5 GW of solar power in Italy

Enfinity Global finances 1.5 GW of solar projects in Italy with an investment of 500 million euros, confirming its development strategy in the European energy market.
Design-sans-titre-22

Energiequelle joins forces with Brandpower to accelerate expansion in Austria

Énergiequelle GmbH and Brandpower Windkraft GmbH & Co KG sign an agreement to strengthen their presence in the Austrian renewable energy market.

Nigeria: Oando strengthens its position with the acquisition of Eni’s oil assets

Oando concludes the purchase of Eni's onshore blocks, doubling its crude production and strengthening its presence in the Nigerian energy sector.

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.
Design-sans-titre-4-1

TAQA/JERA: Financing completed for a cogeneration plant in Saudi Arabia

TAQA and JERA have concluded financing for a cogeneration plant in Jubail, to supply the SATORP petrochemical complex with energy and steam.

TAQA/JERA: Financing completed for a cogeneration plant in Saudi Arabia

TAQA and JERA have concluded financing for a cogeneration plant in Jubail, to supply the SATORP petrochemical complex with energy and steam.

India overtakes China as Russia’s largest oil importer

In July, India became the biggest buyer of Russian oil, surpassing China, against a backdrop of Western sanctions against Moscow and changes in global trade flows.
Oil-import-India-Russia-1

The energy transition market will reach 3.7 trillion USD in 2028

The energy transition market will reach 3.7 trillion USD by 2028, supported by growing public and private investment, with an annual growth rate of 9.4% according to Allied Market Research.

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.

Lightsource bp secures NZD 267 million for Kōwhai Park solar farm

Lightsource bp and Contact Energy awarded NZD 267 million to build 168 MWdp solar farm at Kōwhai Park, Christchurch.
Site for the future Kowhai park

AMEA Power formalizes major agreement for 300 MW wind farm in Ethiopia

AMEA Power and Ethiopian Electric Power join forces to develop a 300 MW wind farm in Ethiopia, a strategic step forward in Africa's renewable energy sector.

Cepsa sells its liquefied gas division to Empresas Copec for 275 million euros

Cepsa announces the sale of its liquefied gas division in Spain and Portugal to Empresas Copec for 275 million euros, continuing its strategy of refocusing on low-carbon energies.
CESPA headquarters

Asia, a key market for Russian fuel oil, led by China and Saudi Arabia

Russia increases fuel oil and VGO exports to Asia. China and Saudi Arabia stand out as the main importers, according to LSEG data.

ADNOC signs agreements for Ruwais LNG, indexed to 12.6% of the oil price

ADNOC negotiates contracts for its Ruwais LNG project at a price indexed to 12.6% of the oil price, in a competitive market context

Europe faces the uncertainty of Russian gas transit via Ukraine

The imminent expiry of the gas transit agreement between Russia and Ukraine in 2024 could lead to major disruptions in energy supplies to several European countries, exacerbating current geopolitical tensions.
Pipeline en Ukraine

FRV Australia completes financing for 100MW/200MWh Terang BESS

FRV Australia secures financing for Terang's 100MW/200MWh battery project, marking a turning point in renewable energy in Australia.

ACWA Power achieves record net profit of USD 247 million in H1 2024

ACWA Power, leader in desalination and renewable energy, announces net earnings of 247 million USD for the first half of 2024, up 36%.