Japan

A consortium led by BlackRock is in talks to raise up to $10.3 billion to finance a gas infrastructure deal with Aramco, including a dual-tranche loan structure and potential sukuk issuance.
Vantage Drilling has finalised a major commercial agreement for the deployment of the Platinum Explorer, with a 260-day offshore mission starting in Q1 2026.

Hydrogen surpasses USD110 billion in committed investments across more than 500 projects

Over 500 hydrogen projects are now under construction or operational worldwide, with total committed investments reaching USD110 billion, representing an increase of USD35 billion in one year.
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The Voskhod and Zarya vessels, targeted by Western sanctions, departed China’s Beihai terminal after potentially offloading liquefied natural gas from the Arctic LNG 2 project.
Norwegian company BlueNord has revised downward its production forecasts for the Tyra gas field for the third quarter, following unplanned outages and more impactful maintenance than anticipated.

Washington lowers import duties and opens the door to $550 billion Japanese investments

The United States cuts tariffs on Japanese imports to 15%, while Tokyo launches a massive investment plan targeting American energy, industry, and agriculture.
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Underreported methane emissions from Australian mines could increase steelmakers’ carbon footprint by up to 15%, according to new analysis highlighting major gaps in global supply chains.
The United Kingdom is set to replace the Energy Profits Levy with a new fiscal mechanism, caught between fairness and simplicity, as the British Continental Shelf continues to decline.

Norway tests first commercial cargo flight with fully electric aircraft

An American-built electric aircraft completed a test flight between Stavanger and Bergen, marking a key step in integrating zero-emission air cargo operations into Norwegian airspace.
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Orsted and two U.S. states have taken federal legal action to contest the abrupt halt of the Revolution Wind project, a $5 billion offshore venture now at risk of prolonged suspension.
Hitachi Energy commits $457mn to build a transformer factory in Virginia, part of a $1bn plan to support electrical interconnection in the US amid rising demand from artificial intelligence infrastructure.

Toyota invests €680mn to produce its first electric vehicle in Europe

Toyota launches production of its first electric vehicle in Europe at its Kolin plant in the Czech Republic, supported by a €680mn investment, including €64mn in public funding.
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Norwegian group Scatec has signed a power sales agreement with BTG Pactual for its first solar project in Colombia, representing an estimated $110mn investment.
BW Offshore has been chosen by Equinor to supply the FPSO unit for Canada’s Bay du Nord project, marking a key milestone in the advancement of this deepwater oil development.

Equinor injects up to $939mn to support Ørsted’s capital increase

Equinor confirms its participation in Ørsted’s capital increase, aiming to maintain its 10% stake and support the financial stability of the Danish group facing headwinds in offshore wind.
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Norwegian authorities begin the first regulatory phase for two modular nuclear reactor projects, marking a strategic step in the national review of the potential role of nuclear energy in the country’s power mix.
The Kuwaiti government has invited three international consortia to submit bids for the first phase of the Al Khairan project, combining power generation and desalination.

United States clears Rio Grande and Commonwealth LNG toward final decisions

U.S. regulators have approved two major milestones for Rio Grande LNG and Commonwealth LNG, clarifying their investment decision timelines and reinforcing the country’s role in expanding global liquefaction capacity.
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A cooperation agreement, a bilateral carbon-credit mechanism and converging standards lay the ground for India→Japan hydrogen and ammonia flows, with volume targets, price-support schemes and first export projects scaling up.
Hokkaido Gas is adjusting its liquefied natural gas procurement strategy with a multi-year tender and a long-term agreement, leveraging Ishikari’s capacity and price references used in the Asian market. —
The Director of the International Atomic Energy Agency (IAEA), Rafael Grossi, visited Fukushima to oversee the soil decontamination efforts and the decommissioning of the nuclear plant. This visit comes as Japan intensifies its efforts to manage radioactive waste and increase the transparency of its nuclear program.
Europe's energy transition is driving a structural transformation of the electricity grid, exposing the market to new vulnerabilities. A study by Compass Lexecon highlights three strategic levers to ensure supply stability amid geopolitical pressures and market volatility.

Eurus Energy Starts Operation of Ashikawa Wind Farm in Japan

Eurus Energy announces the commissioning of the Ashikawa Wind Farm, completing the Dohoku Wind Power Generation project in northern Hokkaido. This project increases the total capacity to 434.5 MW, strengthening energy production in a region with limited electrical infrastructure.
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The French Energy Regulatory Commission (CRE) has imposed a €12 million fine on Equinor and Danske Commodities for market manipulation during gas transport auctions. Equinor disputes the decision and has announced its intention to appeal.
Tepco has begun dismantling treated water tanks at the Fukushima Daiichi site. The goal is to free up space for storing radioactive debris still present in the reactors, a key step in the plant's decommissioning process.

Scatec finalizes the sale of its wind farm in Vietnam to the SUSI Asia Energy Transition Fund

Scatec ASA has concluded the sale of its Dam Nai wind farm in Vietnam to the SUSI Asia Energy Transition Fund, with an initial payment of USD 27 million, along with additional contingent payments.
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Algeria, Nigeria, and Niger strengthen their commitment to constructing the Trans-Saharan Gas Pipeline. Three agreements were signed in Algiers to accelerate the project aimed at transporting Nigerian gas to Europe, addressing the growing demand in the energy market.
Aker Solutions has signed a contract with Dragados Offshore to manufacture the steel substructure for the HVDC converter station of the BalWin 1 project in Germany. This 2 GW project is being developed for the Amprion Offshore GmbH grid.

Equinor shifts its strategy towards oil and gas in Africa

Norwegian group Equinor plans to increase its oil and gas production by more than 10% by 2027. Facing economic constraints, the company is halving its investments in renewable energy and strengthening its presence in Africa, particularly in Tanzania.
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GAIL, Indian Oil, and BPCL are in talks with U.S. suppliers to purchase additional liquefied natural gas (LNG). The objective is to diversify supply sources and secure extra volumes following the lifting of U.S. export restrictions.
Captura, in collaboration with Equinor, has commissioned a new pilot facility in Kona, Hawaii, capable of capturing 1,000 tons of COâ‚‚ per year. This milestone marks a key step toward the large-scale deployment of Direct Ocean Capture (DOC) technology.

Vestas multiplies its net profit in 2024 and records an all-time high order backlog

The world leader in wind energy, Vestas, multiplied its net profit sixfold in 2024, reaching €499 million. With a record order backlog of €68.4 billion, the Danish group is betting on offshore wind power to sustain its growth.
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Norwegian energy giant Equinor has revised its renewable energy ambitions downward while increasing its focus on hydrocarbons. A strategic decision that aligns with industry trends and meets market expectations.
After a 26% drop in net profit in 2024, TotalEnergies adjusts its strategy by reducing its investments in low-carbon energy by $500 million. Despite this decline, the group continues its share buyback program and dividend increases.

Indonesia: First Small Modular Nuclear Reactor in Southeast Asia Expected by 2030

Indonesia is accelerating the development of its nuclear program and could become the first country in Southeast Asia to deploy a small modular reactor (SMR) by 2030. Despite competition from renewable energy, Jakarta is betting on nuclear power to diversify its energy mix.
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Mitsubishi Corporation is reassessing its offshore wind projects in Japan due to macroeconomic turbulence. Inflation, yen depreciation, and rising interest rates are complicating the viability of these projects, initially awarded in 2021. The company is now evaluating its next steps.
The Vietnamese government is adjusting its timeline for the implementation of its carbon market. Initially planned for 2028, the official launch will now take place in 2029 after a three-year pilot phase. This delay aims to strengthen the regulatory and technical framework.

Sami’s Rights and Renewable Energies: Legal Disputes Shake Northern Europe.

At the heart of the vast northern expanses, Sami communities see their ancestral ways of life challenged by the rise of renewable projects. A factual narrative revealing the tensions between economic modernization and the preservation of millennia-old traditions.
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Ørsted, a Danish renewable energy specialist, is undergoing a major reshuffle following difficulties in the U.S., with the resignation of its CEO and the appointment of his deputy.
The Norwegian Sovereign Fund posted a historic return of 214 billion euros in 2024, driven by investments in major tech companies. However, the dominance of these giants is now being questioned.