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European Refineries Targeted by Green Hydrogen Regulation for 2030
The European Union’s regulatory framework mandates green hydrogen integration in refineries, generating projected demand of 0.5 million tonnes by 2030.
Qair secures USD 5.7 million financing for floating solar plant in Seychelles
Developer Qair secures a loan from the Facility for Energy Inclusion to build a 5.8 MWp floating photovoltaic solar plant in Providence Lagoon, the first utility-scale project of its kind in Seychelles.

Masdar completes financing for the 2 GW Al Sadawi solar project in Saudi Arabia

The consortium led by Masdar has secured approximately $1.1 billion in financing to build one of the world’s largest solar power plants in Saudi Arabia’s Eastern Province.
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Energiekontor issues a €15 million green bond for its European projects
Energiekontor launches a €15 million corporate bond at 5.5% over eight years, intended to finance wind and solar projects in Germany, the United Kingdom, France, and Portugal.
The aviation fuel market projected to reach USD 751 billion by 2032
With an annual growth rate estimated at 10.11%, the global aviation fuel market could reach USD 751 billion by 2032, driven by increasing air traffic and new industrial partnerships.

Petrobras negotiates to increase capacity of three FPSOs in Brazil

Petrobras is holding talks with SBM Offshore and Modec to raise output from three strategic FPSOs, two already at full capacity, to capture more value from the high-potential pre-salt fields.
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SNF acquires Obsidian Chemical Solutions and strengthens its foothold in the Permian Basin
SNF acquires Obsidian Chemical Solutions, a Texas-based SME specialized in chemical solutions for well completion. Transaction amount and conditions undisclosed, but the acquisition comes in a growing North American market.
Equinix secures 20 Radiant microreactors and a nuclear deal in the Netherlands
Equinix signed a preorder for 20 Kaleidos nuclear microreactors and a letter of intent for a power purchase agreement with ULC-Energy, reinforcing its energy supply strategy for its data centers.

China rejects European threat to reinstate sanctions against Iran

Beijing opposes the possible return of European trio sanctions against Iran, as the nuclear deal deadline approaches and diplomatic tensions rise around Tehran.
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Shanghai Electric commissions Manah-1 solar plant in Oman with 500 MW
The Manah-1 solar project in Oman, with a capacity of 500 MW, was delivered by Shanghai Electric and has recorded a stable first month of operation, strengthening industrial and technical cooperation with Électricité de France.
MARA invests $168mn to acquire 64% stake in EDF’s subsidiary Exaion
MARA strengthens its presence in digital infrastructure by acquiring a majority stake in Exaion, a French provider of secure high-performance cloud services backed by EDF Pulse Ventures.

OPEC Revises Global Oil Forecasts for 2026 to 106.5 Million b/d

OPEC's August report reveals Russian production above quotas and commercial dominance in Asia, while Kazakhstan massively exceeds its reduction commitments.
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Melvan secures €4.26mn for three photovoltaic projects in France
Melvan obtains €4.26mn in bank financing to develop three solar power plants totalling 3.9 MWp, with construction scheduled to start in the second half of 2025.
International Petroleum buys back 98,900 shares under its 2025 programme
International Petroleum Corporation repurchased 98,900 common shares between August 4 and 8, 2025, as part of its ongoing share buyback programme.

Vantage Drilling completes sale of Tungsten Explorer to joint venture with TotalEnergies

Vantage Drilling has sold the Tungsten Explorer drilling vessel to a joint venture with TotalEnergies, while retaining its operational management for a minimum period of ten years.
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Gravelines’ six reactors shut down after massive jellyfish invasion
The Gravelines nuclear power plant, the largest in Western Europe, halted all production after its cooling systems were obstructed by an unexpected influx of jellyfish. EDF plans a gradual restart in the coming days.
Entech signs €5mn contract for storage system in Loire-Atlantique
Entech will deliver a 20 MWh battery storage system in Loire-Atlantique under an agreement that includes a twenty-year maintenance contract.

IAEA Dispatches Envoy to Tehran to Negotiate New Nuclear Framework

A senior official from the UN agency begins technical discussions with Iran on Monday, the first meeting since June strikes on Iranian nuclear sites.
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Boralex reports a decline in EBITDA in Q2 despite increased production
Boralex saw its earnings before interest, taxes, depreciation and amortization fall by 13% in the second quarter of 2025, despite a 14% increase in production, due to less favourable prices in France and lower revenues from joint ventures.
Mozambique: TotalEnergies Faces Security Dilemma Before LNG Project Restart
Jihadist attacks in Cabo Delgado displaced 59,000 people in July, threatening the restart of the $20 billion gas project planned for August 2025.
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Verra and S&P Global Launch New Infrastructure to Boost Carbon Credit Markets
Next Bridge Raises $6 Million to Fund Panther Project in Louisiana
European Refineries Targeted by Green Hydrogen Regulation for 2030
Aker BP quadruples estimates for Omega Alfa field in the North Sea
NANO Nuclear Advances to Final Round of US Army’s xTechSearch 9 Competition
Brussels expands subsidies for low-carbon technologies and nuclear power
The European Commission will extend until the end of 2030 an expanded state-aid framework, allowing capitals to fund low-carbon technologies and nuclear power to preserve competitiveness against China and the United States.
Underground Hydrogen Storage: High Costs and Technical Challenges Hamper Growth
Underground hydrogen storage, essential to support its growth, continues to face significantly higher costs than natural gas storage, along with major technical challenges hindering its competitiveness against conventional energies.

Brno rejects EDF lawsuit over Czech nuclear contract

A regional court has upheld the award of two new reactors in the Czech Republic to Korea Hydro & Nuclear Power, dismissing Électricité de France’s challenge to the €16bn contract in a decisive step for the national energy programme.
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EDF anticipates immediate reduction in nuclear output amid heatwave
Facing rising temperatures, EDF anticipates cuts in nuclear production starting early July, primarily due to thermal constraints on rivers used for cooling the power plants.
EU Approves Targeted Energy Aid for Europe’s Heavy Industries
Energy-intensive European industries will be eligible for temporary state aid to mitigate high electricity prices, according to a new regulatory framework proposed by the European Commission under the "Clean Industrial Deal."

France Officially Launches Its First Floating Wind Farm in the Mediterranean

France officially commissions its first floating wind farm, consisting of three turbines with a combined capacity of 25 megawatts, introducing strategic technology in the Mediterranean, vital for national energy goals.
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France and Norway formalize an agreement on cross-border CO₂ transport
France and Norway sign an agreement facilitating the international transport of CO₂ to offshore geological storage facilities, notably through the Northern Lights project and the CO₂ Highway Europe infrastructure.
Russia Forecasts Drop in Electricity Exports to China
The Russian company InterRAO anticipates a 4% annual reduction in electricity exports, primarily impacted by a significant decrease in shipments to China due to limited hydroelectric production and rising domestic demand.

France: Petit Doré wind farm delivers its first Breton megawatt-hours

Inaugurated on 20 June, the five-turbine plant of wpd onshore France feeds 18 MW into the grid and unlocks new tax revenue for four Côtes-d’Armor municipalities.
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CNOOC partners with KazMunayGas to explore the Zhylyoi subsoil area
CNOOC Limited’s Hong Kong subsidiary and KazMunayGas have concluded a nine-year exploration and production contract covering nine hundred and fifty-eight square kilometres in Kazakhstan, sharing investment and operations equally.
France: Aix-Marseille metropolitan area inaugurates community solar park on former industrial site
The Aix-Marseille-Provence metropolitan area has inaugurated a 2.6 MWp community solar park in Mallemort, built on a former landfill, designed to annually generate 4,150 MWh of electricity to meet local energy needs.

France: RATP inaugurates its first solar power plant with Urbasolar

RATP and Urbasolar officially inaugurated the Colombier photovoltaic power plant, the first large-scale solar installation operated by the Parisian public transport operator, set to produce 14 GWh of electricity per year.
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Orano challenges Niger’s decision to nationalize mining company SOMAÏR
Niger announces its intention to nationalize SOMAÏR, a mining company jointly owned with Orano, provoking strong opposition from the French company and paving the way for further international legal tensions.
Saint-Nazaire selects Dalkia for its 90% renewable heating network
Saint-Nazaire Agglo and Dalkia officially sign a Public Service Delegation contract for a 37-kilometre urban heating network, primarily fuelled by thermal recovery and local biomass, operational from 2030.

Airbus selects ENGIE to decarbonise 22 industrial sites across Europe

ENGIE secures a contract to reduce Airbus' industrial emissions in France, Germany, and Spain, targeting an 85% decrease by 2030 through various local energy infrastructures.
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MondialBox Saint-Nazaire inaugurates 4,500 m² of photovoltaic canopies with ActiSun
MondialBox Saint-Nazaire deploys 2,300 photovoltaic panels covering 4,500 m², annually generating 800 MWh of decarbonized energy, in partnership with SeeYouSun and Sonadev, via ActiSun, a program dedicated to solarizing industrial and commercial spaces.
France: Moratorium on renewables; warning about immediate industrial impact
French Minister Agnès Pannier-Runacher condemns the parliamentary moratorium on new renewable energy installations, warning of the potential loss of 150,000 industrial jobs and increased energy dependence on foreign countries.

EDF secures £4.5 billion from Apollo to finance Hinkley Point C

EDF announces a major agreement with Apollo to raise up to £4.5 billion via bonds to finance the British nuclear project Hinkley Point C, whose costs continue to rise significantly.
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New European Battery Regulation Disrupts Europe’s Industrial Sector
The European battery regulation, fully effective from August 18, significantly alters industrial requirements related to electric cars and bicycles, imposing strict rules on recycling, supply chains, and transparency for companies.
Ireland exits coal permanently with closure of Moneypoint power plant
Ireland ends four decades of coal-based electricity production by converting its Moneypoint power plant to heavy fuel oil, now exclusively reserved for the balancing market until 2029.
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