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ExxonMobil hit by falling prices despite record output in Guyana
The American oil major saw its revenue decline in the third quarter, affected by lower crude prices and refining margins, despite record volumes in Guyana and the Permian Basin.
Eos Energy secures 228 MWh strategic order from Frontier Power
Eos Energy and Frontier Power strengthen their collaboration with a major first order under a 5 GWh framework agreement to deploy long-duration storage systems across multiple energy markets.

Amentum secures key contracts under £1.4bn Sellafield nuclear programme

US-based Amentum has secured strategic roles on a 15-year decommissioning framework in the United Kingdom, potentially worth up to £1.4bn ($1.9bn), through multiple projects at the Sellafield site.
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The UN validates an Article 6.4 methodology for landfill methane
The Paris Agreement Crediting Mechanism formalizes a landfill-methane methodology, imposes an investment-based additionality test, and governs issuance of traceable units via a central registry, with host-country authorizations and corresponding adjustments required.
SLB OneSubsea secures two EPC contracts for deepwater projects in Malaysia
SLB OneSubsea has signed two EPC contracts with PTTEP to equip multiple deepwater gas and oil fields offshore Malaysia, extending a two-decade collaboration between the companies.

Dominion Energy raises third-quarter 2025 earnings guidance on stronger results

Dominion Energy reported net income of $1.0bn in Q3 2025, supported by solid operational performance and a revised annual outlook.
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CPV secures $1.1bn funding for 1,350 MW gas-fired power plant in Texas
US-based CPV will build a 1,350 MW combined-cycle natural gas power plant in the Permian Basin with a $1.1bn loan from the Texas Energy Fund.
Zelestra secures $60mn tax equity financing for Jasper solar power plant
Zelestra has closed a $60mn tax equity deal with Stonehenge Capital to support its 81 MW solar project in Indiana, set to become operational in Q4 2025.

Appalachia ramps up production: TETCO M2 basis firms, MVP advances

Producers bring volumes back after targeted reductions, taking advantage of a less discounted basis, expanding outbound capacity and rising seasonal demand, while liquefied natural gas (LNG) exports absorb surplus and support regional differentials.
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Plug Power to supply up to 2 GW of electrolyzers to Allied Biofuels in Uzbekistan
Plug Power has signed a supply agreement with Allied Biofuels to equip a sustainable fuel production site in Uzbekistan, bringing total contracted capacity with Allied partners to 5 GW.
Matador secures transport for 500,000 MMBtu/d of natural gas to the Gulf Coast
Matador Resources signs multiple strategic transportation agreements to reduce exposure to the Waha Hub and access Gulf Coast and California markets.

G7 launches over 20 projects to counter Chinese influence on critical minerals

Meeting in Canada, G7 energy ministers unveiled a series of projects aimed at securing supply chains for critical minerals, in response to China’s restrictions on rare earth exports.
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Washington invests $100mn to modernise coal plants as exports drop 11%
US coal exports fell 11% in the first half of 2025, prompting the Trump administration to commit $100mn to upgrade domestic power plants and support the national energy sector.
Bulgaria halts fuel exports to EU after sanctions on Lukoil
Sofia temporarily restricts diesel and jet fuel exports to safeguard domestic supply following US sanctions targeting Lukoil, the country’s leading oil operator.

Ramaco signs major research agreement with DOE on rare earths

Ramaco Resources and the U.S. Department of Energy’s National Energy Technology Laboratory partner to develop extraction and processing technologies for rare earth elements from the Brook Mine in Wyoming.
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AOGC Approves Final Integration of Smackover Lithium’s SWA Project 2028
The Arkansas Oil and Gas Commission validated integration of the Reynolds Brine Unit after unitizing 20,854 acres and adopting a 2.5% lithium royalty. The project targets 22,500 tonnes per year of battery-grade lithium carbonate from 2028 via a 55:45 joint venture.
Phillips 66 posts adjusted earnings of $1.02bn in third quarter
The US company reported adjusted earnings of $1.02bn between July and September, supported by the refining and chemicals segments despite a drop in net income due to exceptional charges.

energyRe secures $370mn for solar projects in South Carolina

energyRe secured $370mn in financing from several international banks to support the construction of a solar portfolio set to supply electricity to approximately 36,000 households.
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Boardwalk launches key phase of its Texas Gateway gas project at 1.45mn Dth/d
Boardwalk Pipelines initiates a subscription campaign for its Texas Gateway project, aiming to transport 1.45mn Dth/d of natural gas to Louisiana in response to growing energy sector demand along the Gulf Coast.
Star Charge signs $3.2 billion deal for 32 GWh storage projects in the US
Star Charge Americas has signed a major service agreement with Beneficial Holdings to deploy over 32 GWh of battery energy storage systems in the United States and Puerto Rico, with a total value exceeding $3.2 billion.
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Sinopec and BASF align their product carbon footprint accounting methods
CPV secures $1.1bn funding for 1,350 MW gas-fired power plant in Texas
Dominion Energy raises third-quarter 2025 earnings guidance on stronger results
Alternō launches sand battery technology in Japan with two thermal storage systems
Eos Energy secures 228 MWh strategic order from Frontier Power
LNG Energy Group settles $10.7mn debt and exits insolvency in Colombia
LNG Energy Group finalised a court-approved reorganisation agreement in Colombia and settled a major debt through asset transfer, while continuing its operational and financial recovery plan.
Buffalo Biodiesel secures $300mn to accelerate expansion across eastern United States
Buffalo Biodiesel secures $300mn from Verite Capital to expand its used grease collection and processing operations to 25 US states and build two renewable gas plants.

Brookfield secures exclusive deal to revive two nuclear reactors in the United States

Santee Cooper has selected Brookfield Asset Management to lead a feasibility study aimed at completing two unfinished AP1000 reactors, without relying on public funds or raising consumer rates.
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Chevron and Helleniq Energy secure four offshore exploration permits in Greece
The Greek government has selected a consortium led by Chevron to explore hydrocarbons in four maritime zones in the Ionian Sea and south of Crete, with geophysical surveys scheduled to begin in 2026.
ExxonMobil receives Mozambique’s president ahead of investment in Rovuma LNG
Daniel Chapo is visiting the United States to encourage ExxonMobil to commit to a major investment in Rovuma LNG, a strategic gas project for Mozambique as TotalEnergies resumes its suspended operations.

Baker Hughes reports $8.2bn in orders in Q3 despite net income decline

Baker Hughes recorded a 23% increase in orders in Q3 2025, driven by its gas segment, while net income fell 20% year-on-year to $609mn.
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Baker Hughes triples coiled tubing drilling fleet with Aramco in Saudi Arabia
Baker Hughes will expand its coiled tubing drilling fleet from four to ten units in Saudi Arabia’s gas fields under a multi-year agreement with Aramco, including operational management and underbalanced drilling services.
UAE launches $6bn project for 1GW of continuous renewable energy
Abu Dhabi has begun construction on the world’s first gigascale solar and battery storage project, capable of delivering 1GW of baseload renewable power, with operations expected by 2027.

Kenya Airways deploys a 50% SAF flight to secure a regional hub

The carrier uses mass balance and Book & Claim allocation to test demand, structure certified revenues, and prepare domestic capacity targeted for 2026 amid already intensifying regional competition.
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Swift Solar deploys first perovskite solar panels for US military operations
Swift Solar has installed its perovskite solar panels on a military site for the first time, as part of a US Department of Defense exercise testing energy resilience for critical infrastructure.
Tokyo Gas signs agreement for 1 MTPA of LNG with Glenfarne on Alaska LNG project
Tokyo Gas commits to one million tonnes per annum of liquefied natural gas under the Alaska LNG project, boosting Glenfarne’s commercial momentum after five agreements signed in seven months.

Reliance reconfigures Jamnagar to prove the origin of fuels bound for the EU

The Indian refiner segments campaigns, strengthens documentary traceability and adjusts contracts to secure certified shipments to the European Union, while redirecting ineligible volumes to Africa and the Americas based on market conditions.
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Indonesia Energy signs agreement with Aquila Energia for hybrid projects in Brazil
Indonesia Energy Corporation partners with Aquila Energia to develop two pilot projects combining solar and natural gas to power data centres in Brazil, under a non-binding framework supported by both governments.
Washington extends operations of Talen’s oil-fired power unit through end of 2025
US authorities have authorised a unit at Talen Energy’s Wagner plant in Maryland to operate beyond regulatory limits until the end of 2025 to strengthen grid reliability.

Scout Clean Energy completes construction of Nimbus wind farm in Arkansas

The 180 MW Nimbus wind project enters its final phase of construction in Arkansas, with commercial operation scheduled for early 2026.
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Rising electricity demand in Texas reshapes ERCOT’s energy mix
ERCOT’s grid adapts to record electricity consumption by relying on the growth of solar, wind and battery storage to maintain system stability.
Helion secures key permit for Orion fusion power plant in the United States
Helion Energy’s Orion fusion power plant project moves forward with a construction permit in Washington State, reinforcing the company’s industrial ambitions for a commercial launch in 2028.

BP restarts Whiting refinery after power outage and fire

Operations at BP’s 440,000 barrel-per-day Whiting refinery have resumed following a temporary shutdown caused by a power outage and a minor fire incident.
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LanzaTech amends LanzaJet agreements to strengthen strategic control
LanzaTech has signed revised agreements with LanzaJet’s shareholders, increasing its equity stake and extending its technology licensing rights through 2031.
Eni raises 2025 targets after 54% surge in quarterly net profit
Eni's net profit rose to €803mn in the third quarter, supported by a 6% increase in production despite falling crude prices.
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