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.
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.
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.
Aramco reported a 2.3% decrease in its net profit for the third quarter, amid global economic uncertainties and an oversupply of oil, although its adjusted earnings showed a slight increase.
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.
The Algerian government plans a full upgrade of the SCADA system, managed by Sonelgaz, to improve control and supervision of the national electricity grid starting in 2026.
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.
Botaş lines up a series of liquefied natural gas (LNG, liquefied natural gas) contracts that narrow the space for Russian and Iranian flows, as domestic production and import capacity strengthen its bargaining position.
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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.
Algerian President Abdelmadjid Tebboune has dismissed Sonatrach CEO Toufik Hakkar, appointing Rachid Hachichi as his successor. This decision raises questions about the stability of the state-owned company, which is crucial to the Algerian economy, and about the fight against corruption within Sonatrach.
Massive imports of liquefied gas into France, mainly from the United States, have boosted business at the Fos Cavaou terminal, playing a crucial role in securing Europe's energy supply, while looking to more sustainable solutions for the future.
OPEC+ ministerial panel keeps oil production policy unchanged, despite higher prices due to the extension of the Saudi reduction. Russia joins the cuts, while Algeria hesitates.
Libya's energy market is getting a new lease of life, with three international oil companies back in business after a decade's absence. Production reached 1.2 million barrels per day, marking an economic recovery.
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.
Chinese President Xi Jinping strengthens ties with Algeria during his Algerian counterpart Abdelmadjid Tebboune's visit to Beijing, supporting Algeria's aspiration to join the BRICS. China is investing in Algeria's energy sector, strengthening cooperation between the two countries in this strategic area.
Morocco consolidates its energy security by signing a strategic contract with Shell for the supply of liquefied natural gas (LNG). Towards greater Moroccan energy independence?
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.
Naturgy, Spain's leading gas supplier, is acquiring a Spanish renewable energy portfolio for €536 million from investment fund Ardian, including 12 operating wind farms and solar farm projects.
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.
