Kenya

Masdar has allocated the entirety of its 2023–2024 green bond issuances to solar, wind, and storage energy projects, while expanding its financial framework to include green hydrogen and batteries.
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.

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.
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Peabody Energy abandons the acquisition of Anglo American’s Australian coal assets, triggering an arbitration process following the failure of a post-incident agreement at the Moranbah North mine.
Eni sells nearly half of Eni CCUS Holding to GIP, consolidating a structure dedicated to carbon capture and storage projects across Europe.

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.
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Beijing opposes the possible return of European trio sanctions against Iran, as the nuclear deal deadline approaches and diplomatic tensions rise around Tehran.
The sultanate awards three mining concessions to local companies. Projects target strategic deposits to reduce hydrocarbon dependence.

Funds Push European Carbon Positions to Highest Since April

Investors hold 28.9 million EUAs net long as of August 8, four-month record level. Prices stable around 71 euros despite divergent fundamentals.
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Around 80 Russian technical standards for oil and gas have been internationally validated, notably by the United Arab Emirates, Algeria and Oman, according to the Institute of Oil and Gas Technological Initiatives.
An independent group calls for deep changes to speed up the approval of UK nuclear projects and cut costs linked to a system seen as too slow and complex.

GeoPura strengthens hydrogen capabilities with GHS assets and European base

GeoPura has acquired key assets from Green Hydrogen Systems and opened a subsidiary in Denmark to support its expansion in hydrogen electrolyser production and maintenance.
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The Emirati logistics giant posts 40% revenue growth despite depressed maritime freight rates, driven by Navig8 integration and strategic fleet expansion.
Driven by rising demand for energy resilience, the global microgrid market is projected to grow by 15.6% annually between 2025 and 2032, according to SkyQuest Technology Consulting.

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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The American manufacturer is seeking a licence from the UK energy regulator to distribute electricity in the United Kingdom, marking its first move into this sector outside Texas.
OPEC+ oil production fell to 41.65 million barrels per day in July 2025, reveals S&P Global's Platts survey, as Saudi Arabia normalizes production after June's Iran-Israel tensions.

Diversified Energy posts 79% revenue increase in first half of 2025

The US oil and gas producer increased production and cash flow, driven by the Maverick integration and a $2 billion strategic partnership with Carlyle.
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A senior official from the UN agency begins technical discussions with Iran on Monday, the first meeting since June strikes on Iranian nuclear sites.
The Canadian government adopts a new dynamic cap of $47.60 per barrel for Russian oil, aligning its position with that of the European Union and the United Kingdom.
Elements Green has secured £140mn ($181mn) in funding to develop a 360 MW battery storage system, one of the largest in the country, with support from Goldman Sachs Alternatives.
The agreement concluded between the National Energy System Operator (NESO) and ENTSO-E marks a new stage in the coordinated management of the electricity interconnection between the United Kingdom and the European Union, integrating shared regulatory and security axes.

Seventeen UK companies receive £63mn to accelerate sustainable fuel production

Seventeen UK companies secure £63mn ($81.5mn) to develop sustainable aviation fuels, supporting nearly 1,400 jobs and boosting the national sector.
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South Korea and Japan are reinforcing coordination on strategic stocks and oil logistics as growing dependence on Gulf imports and geopolitical tensions affect the Asian market.
The Neart na Gaoithe offshore wind farm, with a capacity of 450 megawatts, comes online off the coast of Scotland, mobilising GBP200 mn ($259 mn) in public and private investment for the region.

Renewable energies strengthen their dominance over global electricity costs in 2024

The latest report from the International Renewable Energy Agency confirms the cost superiority of renewables, but highlights persistent challenges for grid integration and access to financing in emerging markets.
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Tehran agrees to host experts from the International Atomic Energy Agency in the coming weeks, excluding any visit to sensitive sites as diplomatic tensions persist with European nations and the United States.
Saipem and Subsea7 formalise their merger agreement, resulting in the creation of Saipem7, an international energy services player with consolidated revenue of €21bn and an order backlog of €43bn.

United Kingdom raises guaranteed offshore wind prices by 11% in next auction

The British government is increasing by 11% the guaranteed price for offshore wind electricity to support projects facing inflation and supply chain constraints.
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The Hague court has authorised the release of Gazprom’s shares in Wintershall Noordzee, following a judicial decision after several months of legal proceedings involving Ukrainian companies.
SSE plc invests up to €300mn ($326mn) in a new 170MW power plant in County Meath, aiming to ensure energy security and support the growing demand on Ireland's power grid.

Iberdrola raises $5.9 billion to strengthen its grids in the UK and the US

Iberdrola launches a EUR5 billion (USD5.87 billion) capital increase to fund the expansion and modernization of its power grids in the UK and the US, while announcing a decline in its half-year profit.
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The first section of the export cable for the East Anglia Three offshore wind farm has been installed, marking a key milestone in the interconnection project between the offshore site and the UK's onshore grid.
The UK government is introducing specific rules to facilitate the development of nuclear fusion projects, aiming to position the UK as a global leader in this emerging technology.

BP appoints Albert Manifold as chairman following Helge Lund’s departure

BP announces the appointment of Albert Manifold as chairman, succeeding Helge Lund. Manifold, former CEO of CRH, will join the board on September 1, before officially taking over the role on October 1.
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The Sharjah Electricity, Water and Gas Authority has completed a natural gas network in Al Hamriyah, spanning over 89 kilometres at a total cost of $3.81mn.
Energy supplier OVO plans to invest several hundred million pounds in the renovation of British wind farms, aiming to increase national capacity and accelerate the country’s energy transition.

Framatome secures nuclear fuel contract with ENEC for Barakah plant

Framatome will supply nuclear fuel and technical services to ENEC, strengthening the United Arab Emirates’ energy supply chain for the Barakah nuclear plant.
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bp has announced the sale of its US onshore wind operations to LS Power, strengthening the American group’s 21GW portfolio and continuing its global asset divestment strategy.
Subsea 7 S.A. has announced a major contract signed with Equinor for the engineering and installation of subsea infrastructure at the Fram Sør gas field, located in the North Sea off the coast of Norway.

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