Morocco

Port Inc. reports positive results from its battery storage pilot in Gunma, leveraging a regulatory window ahead of adjustment market reforms scheduled for fiscal year 2026.
Subsea7 has secured a subsea installation contract from LLOG for the Buckskin South project, scheduled for execution between 2026 and 2027, strengthening its position in the Gulf of Mexico and boosting its order book visibility.

US oil blockade on Venezuela disrupts maritime shipments

Interceptions of ships linked to Venezuelan oil are increasing, pushing shipowners to suspend operations as PDVSA struggles to recover from a cyberattack that disrupted its logistical systems.
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The Trump administration has ordered the immediate halt of five major offshore wind construction sites in the Atlantic, citing national security threats and drawing mixed reactions from industry and political circles.
Policy reversals, reduced performance and corporate disengagement marked an unprecedented slowdown in wind power in 2025, although China continued its expansion at a steady pace.

Nexans sells Autoelectric to Motherson for €207mn, completing its strategic shift

French group Nexans initiates the sale of its Autoelectric subsidiary to India’s Motherson for €207mn ($227mn), marking its full exit from non-electrification activities.
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Harbour Energy acquires US offshore operator LLOG for $3.2bn, adding 271 million barrels in reserves and establishing a fifth operational hub in the Gulf of Mexico.
European Energy increases the capacity of its Måde Power-to-X site to 8.1 MW, with a new electrolyser in service and ongoing tests for commercial production in 2026.

China boosts global battery market after key power market reform

China's electricity market overhaul improves the profitability of energy storage, supporting a rapid increase in battery exports as global demand rises with data centres and power grids.
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The Australian government will require up to 25% of gas extracted on the east coast to be reserved for the domestic market from 2027, in response to supply tensions and soaring prices.
South Korea’s Tilda accelerates its entry into Vietnam with an artificial intelligence-based energy optimisation solution for solar and energy storage systems in the manufacturing sector.

CNOOC launches ninth offshore project in 2025 in the South China Sea

Chinese oil group CNOOC continues its expansion strategy with a new production start-up in the Pearl River Basin, marking its ninth offshore launch in 2025.
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Niigata's assembly officially backs the restart of the Kashiwazaki-Kariwa site, marking a key step in Japan’s return to nuclear energy following the 2011 Fukushima disaster.
T1 Energy will supply Treaty Oak with 900MW of solar modules over three years, leveraging domestically produced cells from Austin to meet increasing regulatory requirements.

Baker Hughes to supply six LM9000 turbines for Commonwealth LNG terminal

Baker Hughes will deliver six gas refrigeration trains for Commonwealth LNG’s 9.5 mtpa export project in Louisiana, under a contract with Technip Energies.
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Trump Media & Technology Group and TAE Technologies unite in a transaction valued at USD6 billion to launch one of the first publicly traded companies focused on fusion energy.
Caracas says Iran has offered reinforced cooperation after the interception of two ships carrying Venezuelan crude, amid escalating tensions with the United States.

Washington seizes second Venezuela-linked oil tanker in the Caribbean

US authorities intercepted a second oil tanker carrying Venezuelan crude, escalating pressure on Caracas amid accusations of trafficking and tensions over sanctioned oil exports.
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The Japanese government plans to fund up to 30% of loans required for nuclear projects, aiming to accelerate reactor restarts and double the share of nuclear energy in its energy mix by 2040.
Facing a rapid increase in demand across industrial corridors, the Kenyan government is restructuring its power grid to accelerate connections, reduce technical losses and integrate new digital tools.
GCL Energy Technology strengthens its presence in Southeast Asia by partnering with PLN Indonesia Power to develop two 100 MW solar plants, both ground-mounted and floating, as part of the government’s Hijaunesia program.
J-POWER announces the retirement of its 500MW coal-fired Takasago Thermal Power Station in Hyogo Prefecture by FY2028, marking a key shift in its energy investment strategy.

Envision Energy and ACWA Power Partner to Industrialize Wind Energy in Central Asia and the Middle East

The Chinese wind turbine manufacturer and Saudi operator sign a seven-year framework agreement to deploy local production lines and enhance technological cooperation in several strategic markets.
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The US oil giant beat market forecasts in the third quarter, despite declining results and a context marked by falling hydrocarbon prices.
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.

Shanghai Electric delivers giant components for CRAFT and ITER projects

Shanghai Electric strengthens its position in the global nuclear fusion supply chain with strategic equipment deliveries for the ITER project in France and CRAFT in China.
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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.
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.

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.
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Japan’s infrastructure ministry has appointed a TEPCO Renewable Power-led consortium to build a 2.3MW power plant at Yunishigawa Dam, the first public-private partnership under the government’s new hybrid model.
Asia-based Alternō opens a subsidiary in Japan to industrialise its sand thermal batteries, targeting the agricultural and manufacturing sectors with two new renewable heat storage systems.

Sinopec and BASF align their product carbon footprint accounting methods

Sinopec and BASF have reached a mutual recognition agreement on their carbon accounting methods, certified as compliant with both Chinese and international standards, amid growing industrial standardisation efforts.
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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.
Chinese manufacturer Fox ESS has entered into a partnership with Australian distributor Solar Juice to deploy up to 1GWh of battery capacity, targeting the fast-growing residential and commercial segments of the Australian market.

Takeei converts 1.5 MWAC solar plant to FIP scheme in Japan

Takeei Energy & Park begins operating its first asset under the feed-in-premium scheme, marking a milestone in the group’s investment strategy in the renewable energy sector.
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Dominion Energy reported net income of $1.0bn in Q3 2025, supported by solid operational performance and a revised annual outlook.
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.
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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.
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.