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Germany grants $24.3 million to Nigeria to accelerate its energy transition

Berlin strengthens its cooperation with Abuja through funding aimed at supporting Nigeria’s energy diversification and consolidating its renewable infrastructure.

Shell exits MarramWind and CampionWind, prioritising high-return investments

Shell withdraws from two floating wind projects in Scotland, reinforcing capital discipline in favour of faster-return activities. ScottishPower takes over MarramWind while CampionWind is returned to Crown Estate Scotland for reallocation.

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.
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Sofia secures Lukoil refinery ahead of planned state takeover

The Bulgarian government has increased security around Lukoil’s Burgas refinery ahead of a state-led takeover enabled by new legislation designed to circumvent international sanctions.

Envision and Statera partner on 680MW storage project in the United Kingdom

China's Envision Energy will supply a 680MW battery storage system to UK-based Statera Energy as part of the Carrington project, one of the largest in the country to reach financial close.

Jinhong Gas invests in Spain with a strategic cryogenic unit

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.
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Fusion Fuel Cycles joint venture begins construction of UNITY-2 test facility

Fusion Fuel Cycles has begun work on its UNITY-2 facility, a unique test bench designed to validate the full tritium fuel cycle under fusion conditions, marking a key step toward fusion energy.

Girasol Energy launches grid-scale storage aggregation with two projects in Japan

Girasol Energy begins grid-scale battery aggregation with two facilities totalling 4MW in Japan, marking a strategic expansion into balancing markets.

General Oyster to invest ¥800mn to strengthen its solar portfolio

The Japanese oyster producer is investing in both resale and construction of photovoltaic plants, evenly splitting resources to consolidate its GO Store subsidiary's position in the domestic solar market.
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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.

JERA launches environmental assessment for 2.6GW gas plant project in Sodegaura

The Japanese energy group plans to replace four steam turbines at its Sodegaura site with three combined-cycle gas turbines, with full commissioning targeted for 2041.
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Daiwa, Fuyo and Astmax commission 100MWh battery storage system in Sapporo

Daiwa Energy & Infrastructure, Fuyo General Lease and Astmax have commissioned a 50MW/100MWh battery storage station in Sapporo, marking their entry into Japan’s large-scale energy storage market.

Sonnedix launches 125MWh storage project at its Oita solar plant

Sonnedix has started construction on a 125MWh battery storage system at its 30MWAC Oita solar site, with commercial operation planned for November 2026 and a JPY21.4bn ($142mn) financing secured.

Tamagawa Energy acquires 2MW storage project in Japan for JPY690mn

Tamagawa Energy has completed the acquisition of a 2MW/8MWh battery site in Kagoshima for JPY690mn ($4.57mn), marking its entry into grid-scale storage.
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South Korea under industrial pressure over emissions targets deemed unrealistic

South Korean refiners warn of excessive emissions targets as government considers cuts of up to 60% from 2018 levels.

Tokyo Asset Solution deploys 13.2MWh of storage in Tokyo and Kumamoto

Tokyo Asset Solution invests in two storage projects, including a standalone site in the Japanese capital, marking its entry into the large-scale sector with national and international partners.

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.
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Mitsubishi Gas Chemical secures 1mn tonnes of low-carbon methanol from Transition Industries

Transition Industries signed a long-term purchase agreement with Mitsubishi Gas Chemical for the annual supply of 1mn tonnes of ultra-low carbon methanol starting in 2029, from its Pacifico Mexinol project in Mexico.

HD Renewable Energy accelerates in Australia and Japan with 6.1GW of solar and battery projects

Taiwanese company HD Renewable Energy is expanding internationally with major solar and battery storage projects in Australia and Japan, targeting more than 6 gigawatts of installed capacity by 2028.

Tesla sales drop by 36% in the EU in March

Tesla sales saw a significant drop in March, with a 36% decrease compared to the previous year, according to data from the European Automobile Manufacturers Association. The brand faces increased competition and the consequences of its image.

Air Liquide forecasts limited impact from tariff increases on its results

Air Liquide anticipates a limited direct impact from global tariff hikes, while expecting an increase in its operational margin for 2025, despite weak demand in certain industrial sectors.

Eni reduces its quarterly profit by 3% and forecasts savings of 2 billion euros in 2025

Eni announces a 3% drop in its net profit for the first quarter, with savings planned to offset falling oil prices and uncertainty surrounding tariffs. The company expects reduced investment spending in 2025.
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Oxford Institute: CCU Emerges as an Economic Lever in Hard-to-Decarbonize Sectors

Carbon Capture, Utilization, and Storage (CCU) technologies are gaining traction in hard-to-decarbonize industrial sectors, offering innovative and economically viable solutions. The Oxford Institute for Energy Studies report explores these new pathways.

OPEC calls on IEA to prioritize energy security over net zero ideology

OPEC Secretary General Haitham Al Ghais emphasizes the need to reconcile energy security with emission reduction goals, in light of the International Energy Agency's (IEA) approach.

Baker Hughes reports record orders for IET despite a drop in cash flow

Baker Hughes posted strong quarterly results, driven by a 9% increase in orders for its Industrial & Energy Technology division, despite a 50% drop in cash flow during the same period.
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Tepco extracts second radioactive debris sample from Fukushima

Japanese operator Tepco has completed the extraction of a second radioactive debris sample from the damaged Fukushima reactor, a critical technical step in a decommissioning project set to span several decades.

S&P Commodities: Renewable Credit Retirements Drop 34%, Issuances Halved

According to the latest data from S&P Global Commodity Insights, voluntary carbon markets experienced a significant contraction, with renewable credit retirements dropping by 34% in March and issuances decreasing by half.

Marine energy attracts €60 million in private investments in Europe

European marine energy reaches a major milestone with a 165 MW pipeline planned over five years, supported by €60 million in private investments, reflecting growing financial market interest in this expanding sector.
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Malaysia LNG Gradually Restarts Operations After Major Incident at Bintulu

Malaysia LNG is progressively resuming operations following an unexpected shutdown of key modules at Bintulu due to a boiler malfunction, raising questions about the impacts on Asian and international liquefied natural gas markets.

Vinci enters a new era as Xavier Huillard steps down from chief executive role

Xavier Huillard departs from Vinci’s executive leadership after two decades of major transformations, handing over to Pierre Anjolras following Thursday’s general assembly.

Norway, a Strategic Reservoir for the Stability of European Energy Markets

Norway’s hydropower pumped storage capacities, amounting to 83 TWh, are increasingly being leveraged to regulate renewable energy surpluses in Europe and stabilize electricity prices.
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TerraPower begins regulatory approval process for Natrium® reactor in the United Kingdom

TerraPower has informed the UK regulator of its intention to submit the Natrium reactor design for evaluation under the Generic Design Assessment (GDA) process, the first step toward international deployment of this nuclear technology.

Framatome and Sizewell C sign contract for EPR reactor instrumentation

Framatome and Sizewell C have signed a contract for the supply, qualification, and pre-assembly of conventional instrumentation for the EPR reactors under construction at Sizewell, strengthening their collaboration on this large-scale project.

Europeans excluded from nuclear negotiations between Iran and the United States

As nuclear negotiations between Iran and the United States continue, European countries find themselves sidelined, despite their central role in the 2015 agreement.
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The Czech Republic ends 60 years of dependency on Russian oil

The Czech Republic has ended its dependency on Russian oil after more than six decades, a major shift made in response to Russia's invasion of Ukraine.

Holtec submits final bid for UK small modular reactor selection

Holtec International has submitted its final proposal to Great British Nuclear as part of the competition to deploy several small modular reactors in the UK, joining GE Hitachi and Rolls-Royce SMR in the decisive phase.

Libya launches global roadshow to boost oil investment

Libya begins an international promotional tour to present 22 oil blocks, aiming to revive a strategic sector affected by years of instability.
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Tullow Oil sells Kenyan assets to Gulf Energy for $120 mn and remains on standby

Tullow Oil sold its stakes in the Lokichar Basin to Gulf Energy while retaining a future entry right, marking a new step in its debt reduction strategy in Kenya.

Eni finalises contract for second FLNG unit at Rovuma worth $2.5bn

Eni is set to award a $2.5bn contract for a new floating LNG unit off Mozambique, aiming to intensify the development of the Coral North gas field.