Malaysia

The accelerated approval of the Aurora facility’s nuclear safety plan marks a strategic milestone in rebuilding a domestic nuclear fuel production line in the United States.
Natural Gas Services Group reported a strong third quarter, supported by fleet expansion and rising demand, leading to an upward revision of its full-year earnings outlook.

Morrison wins major Shell contract for oil facility in Louisiana

Shell Pipeline has awarded Morrison the construction of an elevated oil metering facility at Fourchon Junction, a strategic project to strengthen crude transport capacity in the Gulf of Mexico.
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IonQ will deploy a quantum computer and entanglement distribution network at the University of Chicago, strengthening its technological presence within the Chicago Quantum Exchange and accelerating its product roadmap.
The delay rate for large-scale photovoltaic projects in the United States fell to 20% in Q3 2025, down from 25% a year earlier, despite record growth in installed capacity in 2024.

Former minister Timipre Sylva wanted over alleged $14.8mn diversion in Nigeria

An arrest warrant has been issued against Timipre Sylva over the alleged diversion of public funds intended for a modular refinery. This new case further undermines governance in Nigeria’s oil sector.
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Chinese authorities authorise increased private sector participation in strategic energy projects, including nuclear, hydropower and transmission networks, in an effort to revitalise slowing domestic investment.
Jabil and Inno will co-develop a 15,000 sqm plant in Rayong, Thailand, to manufacture metal enclosures for battery energy storage systems, aiming to enhance vertical integration and secure supply chains.

TVEL resumes nuclear cooperation with Vietnam through new fuel delivery

The delivery of nuclear fuel by Russian subsidiary TVEL to the Da Lat research reactor marks a key step in strengthening the nuclear commercial partnership between Moscow and Hanoi.
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Plug Power plans to generate $275mn by divesting assets and reallocating investments to the data center market, as part of a strategy focused on returns and financial discipline.
Texas-based energy solutions provider VoltaGrid secures record mixed financing to expand its decentralised power generation portfolio, primarily targeting hyperscale data centres.

Enveniam appointed lead integrator for LIST Technologies’ laser uranium enrichment project

US-based Enveniam has signed an agreement with LIS Technologies Inc. to oversee the design and construction of a new laser-based uranium enrichment facility on American soil.
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In New York, Chevron outlines its long-term vision following the Hess integration, focusing on financial stability, spending reduction, and record production to consolidate investor confidence.
Faced with shorter approval timelines, several European nuclear firms, including Newcleo, Orano and Urenco, are considering relocating key industrial investments to the United States.

Sofia secures Lukoil refinery ahead of planned state takeover

The Bulgarian government has increased security around Lukoil’s Burgas refinery ahead of a state-led takeover enabled by new legislation designed to circumvent international sanctions.
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Facing surging computing needs, US tech leaders are hitting an energy wall that slows down data centre construction and revives demand for gas and coal.
Quino Energy secures $16mn in funding to scale global production of its organic electrolytes, with strategic support from investor Atri Energy Transition.

Envision and Statera partner on 680MW storage project in the United Kingdom

China's Envision Energy will supply a 680MW battery storage system to UK-based Statera Energy as part of the Carrington project, one of the largest in the country to reach financial close.
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Chinese group Jinhong Gas finalises a new industrial investment in Spain, marking its first European establishment and strengthening its global strategy in the industrial gas sector.
Fusion Fuel Cycles has begun work on its UNITY-2 facility, a unique test bench designed to validate the full tritium fuel cycle under fusion conditions, marking a key step toward fusion energy.
Thailand’s pending approval of transmission fees is holding back progress on an energy project linking Laos to Singapore via Malaysia, amid political uncertainty.
A new software developed by MIT enables energy system planners to assess future infrastructure requirements amid uncertainties linked to the energy transition and rising electricity demand.

Lukoil begins sale of international assets after new US sanctions

Lukoil has started divesting its foreign assets following new US oil sanctions, a move that could reshape its overseas presence and impact supply in key European markets.
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Kazakhstan is reviewing Lukoil's stakes in major oil projects after the Russian group announced plans to divest its international assets following new US sanctions.
Noble Corporation reported a net loss in the third quarter of 2025 while strengthening its order backlog to $7.0bn through several major contracts, amid a transitioning offshore market.

Utility launches its first H2Gen® hydrogen certification site outside the United States in Korea

U.S.-based Utility will build a hydrogen production and certification facility in Seongnam, using biogas, marking a strategic step for the expansion of its H2Gen® technology in the South Korean market.
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Japanese company AI.net has signed a supply deal with China’s CATL for 1GWh of lithium-ion batteries, marking its entry into large-scale energy storage with a target of 500MW by March 2028.
SLB, Halliburton and Baker Hughes invest in artificial intelligence infrastructure to offset declining drilling demand in North America.

Google signs 25-year deal to restart Duane Arnold nuclear power plant

NextEra Energy announces an agreement with Google to restart a nuclear plant in Iowa, with operations expected to resume as early as 2029 and full site ownership secured.
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Large load commitments in the PJM region now far exceed planned generation capacity, raising concerns about supply-demand balance and the stability of the US power grid.
The new US licence granted to Chevron significantly alters financial flows between Venezuela and the United States, affecting the local currency, oil revenues and the country's economic balance.

Venezuela freezes gas cooperation with Trinidad over pro-U.S. political alignment

Caracas suspended its energy agreements with Trinidad and Tobago, citing a conflict of interest linked to the foreign policy of the new Trinidadian government, jeopardising several major cross-border gas projects.
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Three Crown Petroleum reports a steady initial flow rate of 752 barrels of oil equivalent per day from its Irvine 1NH well in the Powder River Basin, marking a key step in its horizontal drilling programme in the Niobrara.
The environmental review of TerraPower’s Natrium project in Wyoming has been completed, paving the way for a construction permit for this advanced nuclear reactor.

Petrofac places holding company into administration after termination of key contract

The termination of a strategic contract with Dutch grid operator TenneT triggered the administration of Petrofac’s holding company, reigniting tensions with creditors.
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Canadian group Energy Plug Technologies continues its expansion in the US market with the delivery of a new energy storage system to an industrial client based in the southern region.
Ormat Technologies and SLB join forces to accelerate the development of integrated geothermal systems, including a pilot EGS project at an existing site for large-scale commercial deployment.

Texas captures attention with over $10bn invested in carbon management

With dense industrial activity and unique geological potential, Texas is attracting massive investment in carbon capture and storage, reinforced by new federal tax incentives.
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Singapore strengthens its energy strategy through public investments in nuclear, regional electricity interconnections and gas infrastructure to secure its long-term supply.
The carbon removal technology sector is expanding rapidly, backed by venture capital and industrial projects, yet high costs remain a significant barrier to scaling.