Japan

Resonac invests ¥21.7bn to convert Kawasaki power unit to gas and hydrogen

The Japanese industrial group will replace a 73.5 MW coke and gas-fired turbine with a 30 to 40 MW hydrogen-ready unit, scheduled to start operations in 2030 with ¥7.1bn ($47mn) in public support.

Google signs wind energy deal with Eneco for its Belgian data centre

Google has signed a power purchase agreement with Eneco to supply its Belgian data centre with wind energy from three wind farms totalling 54 MW.

Aramco takes control of Petro Rabigh with $702 million acquisition

Aramco becomes Petro Rabigh's majority shareholder after purchasing a 22.5% stake from Sumitomo, consolidating its downstream strategy and supporting the industrial transformation of the Saudi petrochemical complex.
en_1140101061540

Singapore distillate stocks rise above 10 million barrels

Singapore’s gasoil and kerosene inventories reached a three-month high after a sharp weekly drop in net exports, supported by a marked increase in imports from Northeast Asia.

Paris Agreement: How Article 6 Shifts Carbon Credits to Regulated Demand by 2030?

Article 6 converts carbon credits into a compliance asset, driven by sovereign purchases, domestic markets, and sectoral schemes, with annual demand projected above 700 Mt and supply constrained by timelines, levies, and CA requirements.

SMFL Mirai commissions H.E Energy to build 100 solar plants in Japan

H.E Energy will develop 100 low-voltage solar facilities totalling 10MWDC in Hokkaido for SMFL Mirai Partners, with commissioning scheduled by June 2026.
en_114081031540

Hokkaido Gas commissions 2MW solar plant to power Kamishihoro

Hokkaido Gas has launched a 2MW solar power plant in Kamishihoro, with an expected annual output of 4.4GWh to be distributed locally through energy supplier Karch.

Spanish solar producers warn of impact from negative electricity prices

Spanish solar energy producers have recorded 693 hours of zero or negative prices since January, already matching the total for the previous year, raising concerns about the sector’s profitability and market stability.

Global renewable capacity set to double by 2030, led by solar power

According to the International Energy Agency (IEA), global renewable power capacity could more than double by 2030, driven by the rise of solar photovoltaics despite supply chain pressures and evolving policy frameworks.
en_114071083540

Global natural gas power generation market to reach $122.49bn by 2030

Driven by rising electricity demand and grid flexibility needs, natural gas power generation is expected to grow at an annual rate of 4.8% through 2030.

Tenaz Energy acquires strategic North Sea gas assets for $339mn

Tenaz Energy finalised the purchase of stakes in the GEMS project between Dutch and German waters, aiming to boost production to 7,000 boe/d by 2026.

Wood Mackenzie: the UK can double North Sea reserves without breaching climate limits

An analysis by Wood Mackenzie shows that expanding UK oil and gas production would reduce costs and emissions while remaining within international climate targets.
en_114061049540

Nagano commissions 1.5MW hydro plant and secures deal with Seiko Epson

Nagano Prefecture has commissioned a new 1.5MW hydropower plant to supply Seiko Epson’s Ina facility under a sleeved power purchase agreement managed by Chubu Electric Power Miraiz.

Shizen Energy secures 100MW in solar contracts with Microsoft in Japan

The Japanese developer has reached a total of 100MW in solar capacity under power purchase agreements with Microsoft, spread across four projects in the country, two of which are already operational.

JAPEX launches 106MWh high-voltage storage project in Hokkaido

The Japanese group has started construction of a 20MW battery energy storage system in Hokkaido, aiming for commissioning in 2027 with support from PowerX and Kyocera Communication Systems.
en_1140061025540

Dutch parliament approves RED III, reassuring biofuels market participants

The Netherlands' lower house voted to adopt RED III, including technical amendments, paving the way for timely transposition by January 1, 2026, in line with EU commitments.

Orano, Navoiyuran and ITOCHU launch uranium mining at South Djengeldi site

The Nurlikum Mining joint venture enters a new industrial phase with the launch of the South Djengeldi project, targeting annual production of 500 tonnes of uranium over ten years in Uzbekistan.

Thailand and Japan boost US crude imports amid geopolitical tensions

Faced with risks to Middle Eastern supply chains, Thai and Japanese refiners are turning to US crude, backed by tariff incentives and strategies aligned with ongoing bilateral trade discussions.
en_114051033540

Shizuoka Gas closes tender for seven-year LNG contract starting 2027

The Japanese company has completed the first phase of a tender for five annual cargoes of liquefied natural gas over seven years starting in April 2027, amid a gradual contractual renewal process.

Russian crude exports hit 18-month high despite sanctions pressure

Russian seaborne crude shipments surged in September to their highest level since April 2024, despite G7 sanctions and repeated drone strikes on refinery infrastructure.

Volumes of JKM options to rise in 2024 in the face of volatile LNG prices

Option volumes traded on the JKM reached 23,460 lots in 2024, compared with 14,660 in 2023. This increase illustrates a turning point in LNG market players' hedging strategies.

Pro-nuclear countries call for global funding for civil nuclear power

Nuclear-friendly countries are calling on financial institutions and development banks to finance nuclear infrastructure and develop small modular reactors.

AM Green acquires Chempolis to accelerate SAF production

AM Green pursues its energy transition strategy with the acquisition of Chempolis Oy. The aim is to produce 0.5 million tonnes of sustainable aviation fuel (SAF) per year by 2027 using biorefineries.
Design sans titre-206

14 financial institutions support nuclear expansion by 2050

Fourteen major financial institutions have pledged to support the global expansion of nuclear power to triple its capacity by 2050, marking a key step in the energy transition.

Air France-KLM: New sustainable fuel agreement with TotalEnergies

Air France-KLM has signed a contract with TotalEnergies for the purchase of 1.5 million tonnes of sustainable aviation fuel (SAF) over ten years, with the aim of reducing CO2 emissions and accelerating its decarbonization strategy.

Strategic shutdown of Cove Point LNG plant for annual maintenance

The Cove Point LNG plant, operated by Berkshire Hathaway Energy, is suspending operations for planned three-week maintenance, temporarily disrupting natural gas flows.
Design sans titre-191

Zelestra obtains 132 million euros for its solar power plant in India

Zelestra has secured 132 million euros in financing for its 435 MW solar power plant in the Indian state of Rajasthan, confirming its expansion in India's renewable energy sector.

60% of companies aim for carbon neutrality, but efforts deemed insufficient

More than half the world's companies are committed to carbon neutrality, but experts condemn the lack of concrete action to achieve this goal, despite ambitious announcements.

Tunisia: Agreements signed for two new solar power plants

Tunisia signs two agreements with foreign companies for the construction of solar power plants in Sidi Bouzid and Tozeur. These projects are part of the country's energy strategy to increase the share of renewable energies.
Design sans titre-171

China-Japan agreement on monitoring water discharges from Fukushima

Japan and China have reached an agreement for the independent monitoring of treated water discharges from the Fukushima nuclear power plant. This decision paves the way for a potential lifting of the Chinese embargo on Japanese fish products.

Equinor to stop supplying blue hydrogen to Germany

Equinor terminates plans to export blue hydrogen to Germany due to excessive costs and a lack of commitment from European buyers, calling into question the planned offshore pipeline.

Relaunching Three Mile Island to supply Microsoft with nuclear power

Constellation restarts a unit at the Three Mile Island power plant to supply Microsoft with electricity. This 20-year agreement is part of a response to the growing demand for low-carbon energy in data centers.
Design sans titre-152

France: Iberdrola inaugurates Saint-Brieuc wind farm

Iberdrola inaugurates its 496 MW offshore wind farm at Saint-Brieuc, boosting Brittany's energy capacity and contributing to the expansion of offshore wind power in France.

Friston: EUR 100 million wind power project for 2030

The Friston offshore wind farm project is raising tensions between renewable energy developers and local residents. Residents fear for their environment and biodiversity, calling for offshore solutions. This debate highlights the crucial issues at stake in the energy transition.

Tokyo Metro and J-POWER: 3.9 million kWh for Tokyo’s energy future

Tokyo Metro and J-POWER have signed a virtual power purchase agreement to promote the decarbonization of transport. This innovative agreement illustrates the sector's growing commitment to sustainable energy solutions and the use of renewable energies.
Design sans titre-125

Pertamina and Russian crude: an evolution that redefines the Asian market

Pertamina, the Indonesian oil company, is exploring supplies of Russian crude, raising hopes among refiners in Thailand and Japan. This dynamic could disrupt light crude prices in Southeast Asia, prompting increased vigilance.

East-West LNG arbitrage booming in the face of growing Asian demand

East-West LNG arbitrage is gaining strength, with rising Asian demand outstripping European demand. Traders are taking advantage of this momentum to redirect cargoes to the Far East, despite uncertainties about future demand.

Nuclear revival in Paris countries united for a sustainable energy future

In Paris, some 15 pro-nuclear countries are meeting to discuss the revival of atomic energy. The OECD-sponsored conference aims to explore concrete solutions for achieving global climate goals.
Centrale nucléaire (illustration)

Genex and Stanwell join forces to revolutionize renewable energy in Australia

Genex Power and Stanwell Corp. join forces to develop the Bulli Creek solar project, targeting 775 MW of capacity. This 15-year agreement marks a major step forward in Queensland's energy transition, bringing more renewable energy onto the grid.

Increased financial support for TenneT’s successful energy transition

The Dutch government announces a €19 billion loan to TenneT for 2025 and 2026, reinforcing its support for the energy transition. The decision is aimed at securing crucial investments in the electricity grid in the face of growing needs.