Netherlands

Shell launches a large debt exchange offer for $8.4 billion of dollar-denominated bonds

Shell restructures six series of bonds through an exchange offer, migrating them to its U.S. subsidiary to optimize its capital structure and align its debt with its U.S. operations.

Eneco Acquires Prowind’s Wind Project Development Business in the Netherlands

Eneco takes over Prowind’s wind project development business in the Netherlands, adding 260 MW to its portfolio. Prowind refocuses on the German market, where demand is growing rapidly.

EU bans Russian LNG, Arctic bottlenecks and clauses under strain

The gradual ban on Russian cargoes reshapes European flows, increases winter detours via the Northern Sea Route and shifts risk toward force majeure and “change of law,” despite rising global capacity. —
en_114021138540

Vattenfall raises operating profit to SEK21.47mn amid nuclear repositioning

Swedish group Vattenfall improves its underlying operating result despite the end of exceptional effects, supported by nuclear and trading activities, in a context of strategic adjustment on European markets.

Shell posts higher quarterly profit and launches $3.5bn share buyback

The British group’s net profit rose 24% in Q3 to $5.32bn, supporting a new share repurchase programme despite continued pressure on crude prices.

TotalEnergies and Shell boost profits despite falling oil prices

Third-quarter results show strong resilience from European majors, supported by improved margins, increased production and extended share buyback programmes.
en_1140311069540

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.

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.

European Union faces 21.5 mtpa shortfall on carbon storage targets

A Wood Mackenzie study reveals that the EU’s carbon storage capacity will fall more than 40% short of the 2030 targets set under the Net Zero Industry Act.
en_1140241046540

The Netherlands plans to extend Borssele and creates legal framework for new reactors

The Dutch government is initiating legislative reform to extend the Borssele nuclear plant until 2054 and has formalised the creation of a public entity to develop two new reactors.

Russia definitively ordered to pay $50bn to former Yukos shareholders

The Dutch Supreme Court has rejected Russia's final appeal, confirming a record $50bn compensation to former Yukos shareholders, ending two decades of legal battle.

European airlines pressure Brussels over shortage of sustainable fuels

Airlines for Europe warns of insufficient sustainable fuel production in Europe and requests a delay in regulatory obligations if the European Commission does not act swiftly.
en_1140141036540

Europe’s gas: summer storage sets a floor under TTF

European inventories curbed price declines as liquefied natural gas (LNG) supply expands and demand stays weak. Cargo arbitrage favours Europe, but winter will determine the equilibrium level. —

Google signs wind energy deal with Eneco for its Belgian data centre

Google has signed a power purchase agreement with Eneco to supply its Belgian data centre with wind energy from three wind farms totalling 54 MW.

Spanish solar producers warn of impact from negative electricity prices

Spanish solar energy producers have recorded 693 hours of zero or negative prices since January, already matching the total for the previous year, raising concerns about the sector’s profitability and market stability.
en_1140320947540

Tenaz Energy acquires strategic North Sea gas assets for $339mn

Tenaz Energy finalised the purchase of stakes in the GEMS project between Dutch and German waters, aiming to boost production to 7,000 boe/d by 2026.

Wood Mackenzie: the UK can double North Sea reserves without breaching climate limits

An analysis by Wood Mackenzie shows that expanding UK oil and gas production would reduce costs and emissions while remaining within international climate targets.

Dutch parliament approves RED III, reassuring biofuels market participants

The Netherlands' lower house voted to adopt RED III, including technical amendments, paving the way for timely transposition by January 1, 2026, in line with EU commitments.
en_114051029540

Kandla launches green methanol project to capture flows between Singapore and Rotterdam

Kandla port plans a 150,000-ton-per-year integrated renewable methanol unit, targeting the growing fleet of compliant vessels on the Singapore-Rotterdam maritime route.

RWE completes foundation installation at Thor offshore wind farm

RWE has finalised the installation of all 72 monopiles at the 1.1 GW Thor offshore wind farm off the Danish coast, marking a key milestone ahead of secondary structure and turbine installation scheduled for 2026.

France: François Hollande calls for suspension of Russian LNG deliveries

François Hollande suggests suspending deliveries of Russian liquefied natural gas (LNG) to Europe to limit Moscow's ability to finance the war in Ukraine, at a time when the EU is considering new sanctions.

Malta’s offshore energy and green hydrogen strategy

Malta unveils a national policy for offshore renewable energy, aiming to achieve carbon neutrality through green hydrogen produced at sea.

Belgium: stop low-quality fuel shipments to West Africa

Belgium adopts new quality standards to suspend the export of low-quality fuels to West Africa, bringing its standards into line with those of the European Union. The new standards will limit sulfur content to 50ppm, benzene to 1% and manganese to 2mg/liter.
La Belgique Suspend l'Exportation de Carburants de Basse Qualité vers l'Afrique de l'Ouest.

Van Oord and Iberdrola join forces for Windanker offshore wind farm

Van Oord has been selected by Iberdrola to build the Windanker offshore wind farm in the Baltic Sea. This project strengthens Van Oord's position in the energy transition and aligns it with Germany's 2030 targets.

Uzbekistan solar project: a commitment to green energy

The World Bank, Masdar and the Uzbek government join forces to finance a 250 MW solar power plant with a 63 MW battery energy storage system, a first in Central Asia.

Curaçao: installation of a 25 MW / 25 MWh BESS

Wärtsilä will supply Curaçao with a 25 MW battery energy storage system, increasing renewable energy capacity and reducing carbon emissions.
Stockage Énergie Batterie Curaçao

EnBW launches “He Dreiht”: An offshore wind farm

EnBW launches construction of "He Dreiht", Germany's largest offshore wind farm, marking a crucial step in the country's energy transition without recourse to state subsidies.

KPN: Political reform and its impact on energy production

KPN is involved in innovative partnerships to increase the use of renewable energies, with the Kabeljauwbeek solar park under construction in the Dutch province of Noord-Brabant.

New uranium standards: enhanced safety at Urenco

ANVS authorizes Urenco to build a new storage facility without prior permit, speeding up compliance with nuclear safety standards.
Sécurité Urenco Uranium ANVS

TotalEnergies calls on shareholders in the face of activist pressure

TotalEnergies calls on its shareholders to support the Group's strategy in the face of an activist campaign to block the reappointment of CEO Patrick Pouyanné.

Historic drop in fossil fuels in the EU favored by renewable energies

For the first time in April, fossil fuels generated less than a quarter of the EU's electricity, thanks to strong growth in renewable energies.

NextEnergy Capital acquires solar portfolio in Poland

NextEnergy Capital announces the acquisition of its first solar portfolio in Poland, marking a key step in its expansion strategy in Eastern Europe.

FertigHy: Pioneer in Decarbonated Fertilizers in Europe

The FertigHy consortium announces the construction of a plant in France to manufacture low-carbon nitrogen fertilizer, aimed at reducing European dependence on Russian imports and agricultural CO2 emissions.

Liquefied natural gas shortage in Northwest Europe

Demand for liquefied natural gas (LNG) in North-Western Europe fell in April, putting the region under pressure in the shoulder season.

GIGA Storage launches GIGA Giraffe battery project in Amsterdam

GIGA Storage initiates the GIGA Giraffe project in Amsterdam, a 45 MWh battery designed to improve the use of renewable energy and grid stability.
Projet batteries GIGA Pays-Bas

Netherlands: Canopus raises €3M to develop geothermal drilling

At the Global Geothermal Impact 2024 summit in The Hague, Canopus announces a €3 million investment to boost its drilling technology.

Safety improvements confirmed for Hoger Onderwijs reactor

Following an assessment by INSARR, the Hoger Onderwijs research reactor at the RID Institute has been praised for the advances it has made in safety following major modernizations.

EU decides to withdraw from Energy Charter Treaty

MEPs vote to withdraw the EU from the Energy Charter Treaty, deemed contrary to climate objectives.
EU retrait Charte de l'énergie

US LPG exports: Fluctuating volumes to Europe and Asia

In April, US LPG exports fell, mainly impacting Europe and North Africa.

ENGIE accelerates biomethane development with two new acquisitions

ENGIE expands its biomethane production capacity in Europe, entering the Netherlands with two strategic units.