Mexican state-owned company Pemex confirmed the partial acceptance of bond securities under its debt repurchase offer, with a total allocation of $9.9bn, following strong oversubscription.
Italy’s competition authority has fined six oil companies nearly €1bn for colluding on bioethanol pricing between 2020 and 2023, including a €336mn penalty for Eni.
Canadian Prime Minister Mark Carney announces a bilateral agreement with Mexico including targeted investments in energy corridors, logistics infrastructure and cross-border security.
According to a new study, Mexico could produce up to 90% of its electricity with solar and batteries, but costs above the global average are slowing this energy shift.
Petróleos Mexicanos received offers surpassing the $9.9bn cap set for its debt repurchase programme, resulting in oversubscription during the initial phase of the operation.
Canadian crude shipments from the Pacific Coast reached 13.7 million barrels in August, driven by a notable increase in deliveries to China and a drop in flows to the US Gulf Coast.
Led by Chile and dominated by utility-scale projects, Latin America's energy storage market is projected to grow at an average annual rate of 8 % through 2034.
The announced merger between Anglo American and Teck forms Anglo Teck, a new copper-focused leader structured for growth, with a no-premium share structure and a $4.5bn special dividend.
A report from energy group Edison highlights structural barriers slowing renewable deployment in Italy, threatening its ability to meet 2030 decarbonisation targets.
Capstone Green Energy received a 5.8-megawatt order for its natural gas microturbines, to be deployed across multiple food production facilities in Mexico through regional distributor DTC Machinery.
Chinese group Sinopec has launched a large-scale seismic imaging campaign across 3,000 km² in Mexico using nodal technology from Sercel, owned by Viridien, delivered in August to map areas with complex terrain.
Gunvor commits to 0.85 million tonnes per year of liquefied natural gas from AMIGO LNG, marking a strategic step forward for Asian and Latin American supply via the Guaymas terminal.
TCL SunPower Global entrusts the distribution of its solar panels to Energia Italia, thereby consolidating its presence in the Italian market within a context of strategic restructuring.
Transition Industries assigns Bonatti to build core infrastructure for Pacifico Mexinol, a strategic methanol complex in Mexico poised to become a major global player.
The Pimienta and Eagle Ford formations are identified as pillars of Pemex’s 2025-2035 strategic plan, with potential of more than 250,000 barrels of liquids per day and 500 million cubic feet of gas by 2030.
Google invests in Italy’s Energy Dome to deploy in Oman a long-duration CO₂-based storage solution, in partnership with Takhzeen Oman and the sovereign wealth fund Oman Investment Authority.
Ithaca Energy has acquired the majority of Eni's British oil and gas assets, thereby consolidating its position in a region undergoing significant changes.
Colombia is intensifying the development of geothermal energy to diversify its energy mix. The country is relying on public-private partnerships and favorable regulations to attract the necessary investments.
Newcleo, a specialist in small modular reactors, has raised €135 million and is relocating its headquarters to Paris to improve access to European funding. The startup aims to strengthen its capacity in France and accelerate its technological development.
TotalEnergies has commissioned Danish Fields and Cottonwood, two solar power plants in Texas with a combined capacity of 1.2 GW and battery storage, aimed at securing long-term contracts with industrial clients.
The closure of the UK's last coal-fired power plant marks a major shift in the country's energy strategy, aiming for carbon neutrality by 2050. The UK thus becomes the first G7 member to eliminate this energy source.
McDermott, in partnership with Saipem and China Petroleum Engineering, will lead the preliminary design of the first phase of the Rovuma LNG project, backed by ExxonMobil, Eni, and CNODC. The project aims for an annual production of 18 million tons of LNG.
Westbridge Renewable Energy finalizes the sale of five solar projects in Alberta, totaling 1.4 GW, to Metlen Energy & Metals. This transaction allows the company to generate funds to support its developments in Canada, the United States, and Europe.
Masdar, owned by the Abu Dhabi National Oil Company (ADNOC), the sovereign wealth fund Mubadala Investment Company, and energy company TAQA, is actively expanding its presence in the renewable energy sector across Europe. The group recently acquired the Spanish firm Saeta Yield from Brookfield Renewable for $1.4 billion. This transaction includes 745 MW of operational wind and solar assets spread across Spain and Portugal, as well as a 1.6 GW development pipeline scheduled for commissioning by 2030.
Pemex’s new Olmeca refinery has exported its first 112,000 barrels of petroleum coke to India. This shipment marks a step forward for the project despite doubled costs and commissioning delays.
Eni is in advanced discussions with KKR to sell 20% of its biofuels subsidiary Enilive.
Other investors, such as Stonepeak, are showing an interest in a new stake.
Natural gas producers are urging Kamala Harris to clarify her position on LNG exports and industry regulation, while uncertainty persists over political decisions relating to hydraulic fracturing.
Technip and JGC Corporation have been commissioned to carry out the engineering for the Rovuma LNG project, an important milestone in the finalization of the project.
The aim is to lay the foundations for a final investment decision expected in 2025.
Eni, the Italian oil company, is launching new exploration activities in Libya's Ghadames Basin, with the aim of exploiting under-exploited oil resources despite the country's political instability.
Libya, torn between its eastern and western factions since 2014, has reached a crucial agreement to appoint new leadership to the Central Bank.
This agreement, announced on September 25, 2024, could be decisive in unblocking a crisis situation that is paralyzing the country's economy and its oil sector, the state's main source of revenue.
The Johan Castberg field launches a new phase of exploration in the Arctic, vital for Europe's gas future in the face of declining resources in the North Sea.
Colombia, Kenya, Cambodia, Mexico and Peru are the leaders in the voluntary carbon credit market, thanks to regulatory advances and investor-friendly policies.
Carrefour and Qair have signed a solar power purchase agreement to supply around 75 GWh per year to Carrefour Italia, as part of its decarbonization strategy.
Nuclear-friendly countries are calling on financial institutions and development banks to finance nuclear infrastructure and develop small modular reactors.
Edison SpA enters the fiber optics market, adding a service to its offering for Italian households in a context of strong competition among energy suppliers.
Axpo, via its subsidiary Urbasolar, commissions a 12.8 MWp solar power plant in Beauvais.
This project contributes to the acceleration of solar power generation in France.