BayWa r.e. continues its strategic transformation with the sale of 2.2 GW of projects, a withdrawal from Asian markets, internal reorganisation, and a rebranding planned for 2026.
CB&I acquires Petrofac's Asset Solutions division, targeting revenue diversification and geographic expansion, with nearly 3,000 new employees expected to join the group.
Matrix Renewables has signed a turnkey agreement with Tesla to develop a 1 GWh battery energy storage system in Scotland, marking its first standalone project of this kind in the UK.
Harbour Energy acquires US offshore operator LLOG for $3.2bn, adding 271 million barrels in reserves and establishing a fifth operational hub in the Gulf of Mexico.
Lhyfe aims to double its revenue next year, refocuses industrial priorities and plans a 30% cost reduction starting in 2026 to accelerate profitability.
UK-based manufacturer Awendio Solaris plans to build a 2.5 GW solar industrial platform, expandable to 5 GW, in Quebec, targeting North American markets with a 100% regional supply chain.
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.
Brussels confirmed that the United Kingdom will not be exempted from the carbon border levy until both carbon markets are connected, delaying a possible exemption by at least one year.
EDF Power Solutions UK has appointed METLEN to lead engineering and construction for the 400MW Longfield solar farm in Essex, with commissioning scheduled for 2030.
An agreement announced on December 17, 2025 provides for twenty years of deliveries through 2040. The package amounts to 112 billion new Israeli shekels (Israeli shekels) (NIS), with flows intended to support Egyptian gas supply and Israeli public revenues.
British company BP appoints Meg O'Neill as CEO to lead its strategic refocus on fossil fuels, following the abandonment of its climate ambitions and the early departure of Murray Auchincloss.
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.
Berlin strengthens its cooperation with Abuja through funding aimed at supporting Nigeria’s energy diversification and consolidating its renewable infrastructure.
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.
Faced with shorter approval timelines, several European nuclear firms, including Newcleo, Orano and Urenco, are considering relocating key industrial investments to the United States.
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.
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.
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.
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.
Carbon dioxide is well-known, but other greenhouse gases like methane, nitrous oxide, and fluorinated gases also play a crucial role in climate warming. This article explores their impact and the measures taken to control them.
A report by the Transition Pathway Initiative (TPI) reveals that the majority of major banks continue to finance coal-related activities, thereby undermining their commitments to reduce greenhouse gas emissions.
Norway allocates 35 billion NOK to support the development of floating wind, targeting a capacity of 2.25 GW by 2025. This strategic initiative strengthens the country's offshore energy transition.
TotalEnergies and RWE partner to develop two offshore wind farms in the North Sea, strengthening their position in the German green electricity market and contributing to the energy transition towards decarbonized production.
Eco Wave Power and Lian Tat Sign a Historic Agreement to Develop the First Onshore Marine Energy Installation in Asia, Starting with a 100KW Pilot Project in Taiwan.
Getlink temporarily suspends the activity of ElecLink, its cross-channel electric cable connecting France to the United Kingdom, due to a structural defect. The group estimates that this suspension will result in a commercial impact of 46 million euros.
The future of North Sea oil and gas will depend on a more stable and predictable fiscal reform, according to an analysis by Wood Mackenzie. The UK government must quickly clarify its position to avoid deterring investments in this mature sector.
The continued increase in development costs of upstream oil projects is testing the economic viability of new oil production. A recent study by Rystad Energy reveals an increase in breakeven costs, while still remaining below current oil prices.
NextPower UK ESG, a subsidiary of NextEnergy Capital, has concluded a 20-year electricity sales agreement with Anglian Water for 90% of the production from the UK’s largest solar farm, Llanwern Solar Farm.
Russia has filed a lawsuit against several Shell entities for energy projects on Sakhalin Island. This initiative could reflect an attempt to consolidate national resources after the company’s withdrawal in 2022.
Italgas, leader in gas distribution in Italy, announces the acquisition of 2i Rete Gas for 5.3 billion euros. This operation marks a key step in the consolidation of the Italian market and positions Italgas as a major player in Europe.
British automotive manufacturers anticipate missing the 2024 electric vehicle sales targets set by the government and request fiscal incentives to overcome challenges and avoid penalties.
The British government announces a £22 billion investment over 25 years to develop carbon capture and storage projects, aiming to reduce CO₂ emissions.
The European Bank for Reconstruction and Development (EBRD) is investing 100 million euros in Green Genius, a renewable energy company, to support its expansion in Europe and strengthen the energy transition in the region.
Ithaca Energy has acquired the majority of Eni's British oil and gas assets, thereby consolidating its position in a region undergoing significant changes.
The escalation of tensions between Israel and Iran threatens the stability of the global oil market. OPEC+ must assess its capacities in the face of a possible supply shock.
The United States and G7 leaders discuss new sanctions in response to Iran's attack on Israel. New measures targeting the Houthis in Yemen have also been announced.
Oil prices significantly increase after a statement by U.S. President Joe Biden mentioning potential strikes against Iranian oil infrastructures, raising concerns about global supply.
