Netherlands

Brent under pressure: traders expect prices to fall towards $60

Major global oil traders anticipate a continued decline in Brent prices, citing the fading geopolitical premium and rising supply, particularly from non-OPEC producers.

Washington eases penalties on LNG exports tied to US ship rules

The US government has withdrawn its proposal to suspend liquefied natural gas export licences for failure to comply with maritime requirements, while maintaining a phased implementation schedule.

Brazil, India, Italy and Japan set regulatory target for sustainable fuels

Ahead of COP30, four major economies commit to regulating the increase in sustainable fuel production and consumption by 2035.
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Gotion High-Tech unveils 20 MWh mega battery to support Riyadh

Gotion High-Tech presented in Saudi Arabia a modular 20 MWh storage solution aimed at strengthening the country's energy capacity under its Vision 2030 strategy.

GCL equips 146,000 modules for 76 MW agrivoltaic solar plant in Germany

The Tützpatz solar project, developed by Vattenfall and powered by GCL System Integration, combines energy production and agricultural use across 93 hectares without public funding.

Nippon Chikudenchi activates first grid-scale BESS in Kyushu and accelerates local partnerships

The Japanese developer has commissioned a storage unit in Karatsu and plans to deploy 80 facilities by the end of 2026, relying on agreements with local governments and industrial partners.
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ASEAN targets $10.7 billion in investments to modernise its power grids

A report estimates $2.3 billion in avoidable economic losses by 2040 if Southeast Asia strengthens its electricity infrastructure through smart grids.

Paired Power and PHNXX launch plug-and-play mobile solar microgrid

The PairPHNXX system, designed for rapid deployment in areas without grid access, targets agricultural, military, and industrial markets with a turnkey modular technology.

Tamboran completes drilling of three wells ahead of 2026 production tests

Tamboran has completed a three-well drilling campaign in the Beetaloo Sub-basin, with 12,000 metres of horizontal sections prepared for stimulation and maintenance ahead of the commercial phase.
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UK grants approval for 500-MW solar project in Lincolnshire

The British government has approved Tillbridge Solar Farm, a 500-MW solar power plant with 2,310 MWh of energy storage, developed by Tribus Clean Energy and Recurrent Energy.

CWP Europe secures Brussels’ support for 1 GW energy projects in the Balkans

CWP Europe formalised two major projects in Albania and Montenegro with backing from the European Commission, reinforcing the Balkans’ integration into the European energy market.

Ukraine prepares legal framework to accelerate small modular reactor deployment

A roadmap under development aims to establish regulatory and technical foundations for the deployment of small modular reactors, with the goal of strengthening national energy security and attracting private capital.
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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.

Enagás in talks to acquire GIC’s stake in French gas transporter Terega

Spanish gas infrastructure operator Enagás is in advanced talks to acquire the 32% stake held by Singapore’s sovereign wealth fund GIC in Terega, valued at around €600mn ($633mn), according to sources familiar with the matter.

BP launches five-well offshore gas drilling campaign in Egypt

BP has awarded Valaris a $140mn drilling contract for a Mediterranean offshore campaign aimed at reinforcing Egypt’s declining gas output since 2021.
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Japanese LNG buyers accelerate flexible trading amid falling domestic demand

Faced with declining domestic consumption, Japanese liquefied natural gas (LNG) importers are ramping up commercial optimisation strategies and favouring shorter contracts to protect profitability.

SALA Energy completes 11.4MW BESS station with Chubu Electric Power Miraiz

SALA Energy commissions its first grid-scale battery storage facility using sodium-sulfur batteries, supported by both public and private financing.

Battery prices in Asia-Pacific drop to record lows through 2029

Utility-scale battery storage system costs continue to fall across Asia-Pacific, but the pace of reductions is expected to slow significantly by 2029, according to Wood Mackenzie projections.
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StarCharge signs 500MWh contract with ENERGY INVESTMENT LLC in Eastern Europe

StarCharge has secured a 500MWh energy storage order through a strategic agreement with ENERGY INVESTMENT LLC, strengthening its position in rapidly evolving Eastern European markets.

JA Solar begins mass production of its 650W DeepBlue 5.0 solar modules

Chinese manufacturer JA Solar has started initial deliveries of its 650W n-type DeepBlue 5.0 module from its automated production site in Yangzhou.

Maxeon Revises Strategy After USD 65 Million Loss in First Half

Weakened by the exclusion of its solar panels from the U.S. market, Maxeon reports a sharp revenue decline and adjusts its financial structure under market pressure.

Shanghai Electric commissions Manah-1 solar plant in Oman with 500 MW

The Manah-1 solar project in Oman, with a capacity of 500 MW, was delivered by Shanghai Electric and has recorded a stable first month of operation, strengthening industrial and technical cooperation with Électricité de France.

Vanda RE negotiates power purchase contracts in Singapore for Indonesian solar project

Vanda RE is in talks with potential buyers in Singapore for electricity from a $3 billion solar and storage project in Indonesia’s Riau Islands.
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Oman Unlocks $500 Million to Exploit Its Copper and Chrome Reserves

The sultanate awards three mining concessions to local companies. Projects target strategic deposits to reduce hydrocarbon dependence.

Funds Push European Carbon Positions to Highest Since April

Investors hold 28.9 million EUAs net long as of August 8, four-month record level. Prices stable around 71 euros despite divergent fundamentals.

Gentari launches 243 MW solar and storage hybrid project in New South Wales

Gentari has started construction at the Maryvale site, a solar project combined with a 409 MWh battery storage system, located in Central-West Orana and backed by a long-term public contract.
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Acen Australia files federal application for 1,760MWh battery in Queensland

Developer Acen Australia has submitted a battery storage project to the federal government, targeting 440MW/1,760MWh in a region near solar and mining infrastructure in Queensland.

Moscow develops Arctic turbines for the Northern Sea Route

The Russian Ministry of Industry and Trade is announcing "Arctic configuration" wind generators to power infrastructure on the Northern Sea Route, without listing any companies at this stage, with the stated aim of technological sovereignty.

OX2 gets green light for 135 MW solar plant on former mining site

OX2 has obtained Australian environmental approval to build a solar and storage project in Muswellbrook, on a former coal site in New South Wales, marking a milestone in its industrial strategy in the region.
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TDK Ventures invests in Ultraviolette to accelerate electric mobility in India

The Japanese group TDK’s venture capital fund supports Ultraviolette, an Indian electric motorcycle manufacturer, to help it scale up in a domestic market estimated at over $50 billion within ten years.

Russia Targets Gas Turbines Over 300 MW in Technological Leap

Moscow is preparing to develop gas turbines exceeding 300 MW while strengthening existing capacities and positioning itself against the most high-performing models worldwide.

Eleven US companies selected to fast-track small nuclear reactor testing

The United States Department of Energy has selected eleven companies to build experimental nuclear reactors by July 2026, under a programme aimed at meeting rising electricity demand.
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OPEC Revises Global Oil Forecasts for 2026 to 106.5 Million b/d

OPEC's August report reveals Russian production above quotas and commercial dominance in Asia, while Kazakhstan massively exceeds its reduction commitments.

Russian Shadow Fleet Disrupts Global Oil Balance in Asia

Hundreds of aging tankers transport Russian oil to Asia, circumventing Western sanctions while creating major environmental risks and transforming global trade flows.

The United Kingdom prepares major reform of nuclear regulation

An independent group calls for deep changes to speed up the approval of UK nuclear projects and cut costs linked to a system seen as too slow and complex.
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GeoPura strengthens hydrogen capabilities with GHS assets and European base

GeoPura has acquired key assets from Green Hydrogen Systems and opened a subsidiary in Denmark to support its expansion in hydrogen electrolyser production and maintenance.

ADNOC L&S Defies Maritime Turbulence with Record Second Quarter Results

The Emirati logistics giant posts 40% revenue growth despite depressed maritime freight rates, driven by Navig8 integration and strategic fleet expansion.

Google partners with Energy Dome for major energy storage project in Oman

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.
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Airbus and Indonesia join forces to produce 100 million tonnes of sustainable aviation fuel

Airbus Singapore and Bogor Agricultural University in Indonesia are developing aviation fuel from biomass, aiming for an annual capacity of 100 million tonnes.

NRN raises $67.2m to accelerate its distributed energy platform in Australia

Australian company NRN has closed a $67.2m funding round, combining equity and debt, to develop its distributed energy infrastructure platform and expand its decentralised storage and generation network.