Faced with shorter approval timelines, several European nuclear firms, including Newcleo, Orano and Urenco, are considering relocating key industrial investments to the United States.
Chinese group Jinhong Gas finalises a new industrial investment in Spain, marking its first European establishment and strengthening its global strategy in the industrial gas sector.
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.
RWE has finalised installation of all 44 foundations at the Nordseecluster A offshore site in the North Sea, a key milestone before planned maintenance activities leading up to 2027 on this 660-megawatt project.
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.
Chinese supplier HiTHIUM enters the Israeli market with a strategic agreement to deploy 1.5GWh of long-duration energy storage alongside El-Mor Renewable Energy.
The International Atomic Energy Agency denounces the ongoing inspection blockage at several damaged Iranian nuclear facilities, where stocks of highly enriched uranium remain.
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.
TotalEnergies has signed a ten-year agreement with Data4 to supply its Spanish data centers with renewable electricity, with a total volume of 610 GWh starting from January 2026. The agreement relies on a 30 MW capacity.
Shell restructures six series of bonds through an exchange offer, migrating them to its U.S. subsidiary to optimize its capital structure and align its debt with its U.S. operations.
A $400 million natural gas pipeline connecting Israel to Cyprus, with a capacity of 1 billion cubic meters per year, is awaiting government approvals, according to Energean’s CEO.
Eneco takes over Prowind’s wind project development business in the Netherlands, adding 260 MW to its portfolio. Prowind refocuses on the German market, where demand is growing rapidly.
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.
Centrales Nucleares Almaraz-Trillo has officially requested the extension of operations for reactors Almaraz I and II until 2030, challenging the original timeline for the shutdown of Spain’s nuclear fleet.
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 gradual ban on Russian cargoes reshapes European flows, increases winter detours via the Northern Sea Route and shifts risk toward force majeure and “change of law,” despite rising global capacity.
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Swedish group Vattenfall improves its underlying operating result despite the end of exceptional effects, supported by nuclear and trading activities, in a context of strategic adjustment on European markets.
OMV, the Austrian energy giant, exceeds forecasts for the third quarter of 2024, driven by its chemical division, which offsets declining results in the fuel and raw materials sector.
The Pycasso project, aimed at storing CO2 to decarbonize industry in the Lacq Basin, has been abandoned. A lack of dialogue and risks to existing industries were key factors in this controversial decision.
AMPYR Solar Europe announces the financial close of its 96 MWp solar project in Noordoostpolder. This solar farm will power 30,000 homes and reduce CO2 emissions by 36,000 tonnes annually.
Eight European countries meet to strengthen their commitments to offshore wind energy in the North Sea, a sector facing the growing challenge of Chinese companies.
Kerosene demand in Asia remains strong, reinforcing its position over diesel, despite the massive arrival of cargoes from India and the Middle East, which could reverse this trend.
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.
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.
Iberdrola posted a 19% increase in its net profit for the third quarter of 2024, reaching €1.34 billion, despite a decline in electricity production, except in renewable energies.
Germany is launching a 9,040 km hydrogen network, aiming to accelerate the energy transition. About 60% of the infrastructure will be converted from natural gas pipelines. The total cost is estimated at 18.9 billion euros, with progressive commissioning until 2032.
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.
Advances in fusion reactor technologies are underway in Spain with the SMART tokamak at the University of Seville, while the New Zealand startup OpenStar Technologies has made a key breakthrough with its floating magnetic component.
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.
The oil group Repsol has decided to suspend all its investment projects in green hydrogen in Spain, citing an unfavorable regulatory environment marked by the establishment of a permanent tax on the profits of energy companies.
Venezuela's oil sector is shaken by the arrest of former minister Pedro Tellechea, revealing ongoing political and economic tensions within the industry.
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.
Acciona Energía Plans to Divest Its Hydroelectric Portfolio Valued at $1.1 Billion to Strengthen Its Financial Balance Sheet and Reinvest in Other Renewable Sectors.
Plenitude begins construction of a 220MW solar plant in Villarino de los Aires, Spain. This major project in the Castilla y León region aims for an annual production of over 400 GWh.
Iran has carried out its first crude oil export outside the Persian Gulf via the Jask terminal, expanding its export options amid threats of retaliatory strikes by Israel targeting oil facilities.
