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Storm in the Black Sea halts crude shipments at CPC terminal

Caspian Pipeline Consortium suspended loading and intake operations due to a storm and full storage capacity.

Russian gas exports to Europe fall to 18 bcm, lowest level since the 1970s

Pipeline natural gas deliveries from Russia to the European Union dropped by 44% in 2025, reaching their lowest level in five decades following the end of transit via Ukraine.

Lithuania extends gas transit to Kaliningrad until 2030

Amber Grid has signed an agreement to maintain gas transit to Russia’s Kaliningrad exclave, with a daily capacity cap of 10.5 mn m³ until the end of 2030, under a framework regulated by the European Union.
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Russia provides $9bn for Turkey’s Akkuyu nuclear power plant

Ankara confirmed new Russian funding for the Akkuyu project, Turkey’s first nuclear site, strengthening its energy ties with Moscow and advancing its domestic nuclear ambitions.

Nigerien junta rejects French accusations over uranium disappearance

Niger’s military regime disputes theft allegations by French prosecutors after uranium stock vanished from a nationalised site previously operated by Orano.

Rosatom confirms HTGR fuel resilience under extreme temperature conditions

Rosatom successfully completed a series of tests on its high-temperature gas-cooled reactor fuel, validating its performance at up to 1,700 °C under prolonged irradiation conditions.
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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.

Holtec and MVM join forces to deploy small nuclear reactors in Hungary

US-based Holtec has signed a memorandum of understanding with Hungary’s energy group MVM to assess the deployment of its SMR-300 technology, strengthening bilateral nuclear cooperation and opening prospects for a new market in Central Europe.

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.

India and Russia strengthen nuclear cooperation with new projects

Russia and India are preparing an expanded agreement for the construction of VVER-1200 reactors and modular nuclear power plants, while accelerating work at the strategic Kudankulam site.

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.
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Three U.S. gas basins reshape prices, flows and contracts

Appalachia, Permian and Haynesville each reach the scale of a national producer, anchor the United States’ exportable supply and set regional differentials, LNG arbitrage and compliance constraints across the chain, amid capacity ramp-ups and reinforced sanctions.

Bulgaria passes law to take control of Lukoil refinery

Faced with US sanctions targeting Lukoil, Bulgaria adopts emergency legislation allowing direct control over the Balkans’ largest refinery to secure its energy supply.

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.
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Gunvor drops $22bn bid for Lukoil assets under US pressure

Swiss trader Gunvor has withdrawn its $22bn offer to acquire Lukoil’s international assets after the US Treasury announced it would block any related operating licence.

Trump grants Orban oil exemption in exchange for US gas deal

The United States grants Hungary a one-year waiver on sanctions targeting Russian oil, in return for a commitment to purchase US liquefied natural gas worth $600mn.

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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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.

Electric trucks: MAN and E.ON plan 400 charging stations in Europe

MAN (Volkswagen Group) and E.ON are announcing the installation of 170 electric truck charging stations in Europe, with 400 terminals, by 2025, with the aim of reinforcing an almost non-existent network.

Mali and Rosatom seal nuclear energy cooperation agreements

The Malian military junta and Rosatom, a Russian state-owned company, have signed three cooperation agreements, including a project for a low-power nuclear power plant.

Protecting energy infrastructures: Rostec tests an anti-drone project

Russian defense giant Rostec has successfully tested armored plates to protect critical infrastructure from drone attacks. These innovations are designed to secure sensitive energy installations.
Plaques blindées Rostec drones

Germany: Essential Gas Demand Reductions for Winter 2024-2025

Germany's Initiative Energien Speichern (INES) warns that reductions in gas demand will be necessary despite high storage levels before the winter of 2024-2025.

Muroosystems moves into nuclear waste management and dismantling

Muroosystems Corp of Japan announces the acquisition of Nukem Technologies Engineering Services, specializing in nuclear decommissioning and waste management. This operation marks a turning point after years of geopolitical challenges.

OPEC+ oil production falls in June, led by Russia and Iraq

In June, OPEC+ oil production fell to its lowest level in 11 months, with Russia and Iraq leading the declines.
Baisse production de pétrole OPEC+ juin

Eni Discovers 400 Million Barrels of Hydrocarbons in the Gulf of Mexico

ENI announces a major oil and gas discovery in Area 9 of the Gulf of Mexico, with an estimated potential of between 300 and 400 million barrels.

Partnership between Emeren Group and PLT energia for 394MW of storage capacity

Emeren Group and PLT energia Srl join forces to develop a 394 MW energy storage portfolio in Italy, marking a strategic turning point in the sector.

Austria speeds up transition to reduce dependence on Russian gas

Austria is setting up a commission to assess the risks and opportunities of breaking its contract with Gazprom and withdrawing from Russian gas by 2027.
Transition énergétique Autriche gaz russe

India strengthens energy ties with Russia and Rosneft

India is targeting major energy deals with Rosneft and other Russian companies to boost bilateral trade to $100 billion by 2030.

Bulgaria claims 400 million euros from Gazprom for gas cuts

Bulgargaz is claiming 400 million euros from Gazprom for cutting off deliveries in 2022, following EU sanctions against Russia.

Global hydropower rebounds from historic decline

Global hydropower is set to rise sharply in 2024, after a five-year decline, reducing the use of fossil fuels. The main producing regions, such as China, Brazil and the United States, recorded significant increases.
L'hydroélectricité mondiale rebondit après une baisse historique.

Iran: New president aims to end sanctions and oil rebate

Masoud Pezeshkian, elected President of Iran, pledges to revitalize the nuclear agreement and remove economic sanctions to boost the Iranian economy.

WindEurope: Waiting for permits holds up European wind projects

Hundreds of gigawatts of wind power projects are awaiting permits to connect to the European grid, slowing down the transition to green energy, reports WindEurope.

China: 60 million barrels added to strategic reserves

China has ordered its oil companies to add 60 million barrels of oil to its strategic reserves, according to Vortexa and commercial sources, to ensure security of supply.
Stockage stratégique pétrole Chine

Bolivia: YPFB seeks funding to revitalize the oil and gas sector

YPFB, Bolivia's state-owned energy company, is seeking investment and help from Russia to offset falling oil and gas production, while at the same time trying to improve investment conditions.

Nigeria: Eni and Equinor sell oil assets to Oando and Chappal

Nigeria approves the sale of Eni and Equinor oil assets, enabling Oando and Chappal to strengthen their local presence. These transactions mark a significant turning point in the country's oil sector.

Russian Marine Crude Oil Exports Increase in June

Russian seaborne crude oil exports rose by 5% in June, contradicting Moscow's OPEC+ production cut commitments.
Exportations pétrolières russes en hausse

Major Delays and Cost Overruns for the ITER Nuclear Fusion Project

The ITER project, which aims to revolutionize energy through nuclear fusion, has been delayed by eight years, with additional costs estimated at several billion euros.

Italy: NHOA under government supervision after TCC offer

NHOA, an Italian player in energy storage, is the focus of particular attention from the Italian government following the announcement of a takeover bid by Taiwan Cement Corp (TCC).