Netherlands

Nexera acquires oil assets in Texas to settle $600,000 dispute

Nexera Energy has acquired producing oil properties in South Texas as part of a financial settlement with Hagco Energy and Hugocellr involving more than $600,000 in unpaid fees.

ENGIE launches two community solar farms in Illinois

ENGIE’s Knox 2A and 2B solar projects will supply electricity to 443 residential and commercial customers while generating more than 8.2 million kilowatt-hours annually.

SolarMax secures $258.1mn EPC contract for 600 MWh battery in Texas

SolarMax has secured a $258.1mn engineering, procurement and construction contract for a 600 MWh energy storage installation in Corpus Christi, marking a strategic move in the US market.
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Ormat inaugurates Arrowleaf, its first hybrid solar and storage plant in California

Ormat Technologies has launched commercial operations of Arrowleaf, a hybrid project combining 42MW of solar and 140MWh of storage, under a long-term contract with San Diego Community Power.

Clearlight Energy appoints new leadership to steer 4.3 GW growth

Clearlight Energy announces the appointment of Carolyne Murff as Chief Executive Officer and Matt Mitchell as Chief Financial Officer, marking a new phase of development for its 4.3 GW renewable portfolio in North America.

Legal and energy experts to gather at LEES 2026 summit in Tripoli

The Libya Energy & Economic Summit 2026 will host five leaders from the legal and advisory sectors to support the opening of the national oil market and strengthen regional cooperation.
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Borr Drilling secures two new drilling contracts in the United States and Mexico

Norwegian group Borr Drilling has announced two contractual commitments for its Ran and Odin rigs, extending its activities in the Americas through 2027.

SolarMax secures $158mn EPC contracts for 400 MWh storage in Puerto Rico

SolarMax Technology has signed two engineering, procurement and construction contracts for 400 MWh energy storage projects in Puerto Rico, with expected revenues totalling $158.3mn.

Lane42 acquires Aqua Terra Permian to strengthen midstream assets in the Permian Basin

Lane42 Investment Partners has completed the acquisition of Aqua Terra Permian, a wastewater infrastructure operator in the Permian Basin, aiming to expand its footprint in strategic midstream services.
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Vistra acquires Cogentrix for $4.7bn from Quantum Capital Group

Quantum Capital Group sells nearly 90% of Cogentrix assets to Vistra for $4.7bn, marking a strategic repositioning of gas-fired assets in the United States.

Plains All American increases quarterly distributions by 10% ahead of annual earnings

Plains All American Pipeline and Plains GP Holdings announce a 10% increase in quarterly distributions ahead of their fourth quarter 2025 financial results release.

Global oversupply drove Brent crude down to $63 in December 2025

Brent crude fell to its lowest level since 2021, as persistent oversupply throughout 2025 weighed on prices despite isolated geopolitical tensions and China’s strategic stockpiling.
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Eni and Repsol struggle to recover $6bn in receivables from Venezuela

Eni and Repsol are facing difficulties recovering payments for gas deliveries to Venezuela, with an outstanding balance of $6bn and no clear engagement from U.S. authorities on the matter.

Orano secures USD900mn for uranium enrichment plant in the United States

French group Orano receives USD900mn in public support to establish a new uranium enrichment facility in Tennessee, as part of a broader US nuclear sector revival plan.

Chevron starts South N’dola in Angola to boost its offshore assets

Chevron has launched production at the South N’dola field in Block 0 offshore Angola, leveraging existing infrastructure to support its investment strategy in offshore hydrocarbons.
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UK withdrawal weakens financing structure of Mozambique LNG project

The UK's $1.15bn funding withdrawal exposes the Mozambique LNG project to international political reversals, highlighting structural risks for large African energy projects reliant on foreign backers.

Phillips 66 acquires Lindsey refinery assets to integrate into Humber operations

Phillips 66 Limited has reached an agreement to acquire Lindsey Oil Refinery assets, which will be absorbed into the Humber Refinery to reinforce fuel supply across the United Kingdom.

US ties oil debt repayment to majors’ large-scale reinvestment in Venezuela

The United States is pressing major American oil firms to commit significant capital in Venezuela to recover billions lost during the expropriations of the 2000s.
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China expands presence in Venezuelan oil despite US sanctions

Beijing maintains investments and crude imports from Venezuela, while several Chinese state-owned and private companies seek to secure stakes in Caracas' reserves.

Empire Offshore Wind files lawsuit to lift federal suspension on wind project

Empire Offshore Wind has filed a lawsuit against the federal order halting its wind farm construction, citing potential serious impacts on its financial and operational commitments in the United States.

Zefiro completes $1.5mn gas project in Pennsylvania and prepares $5mn operation in Louisiana

Zefiro Methane, through its subsidiary Plants & Goodwin, completes an energy conversion project in Pennsylvania and plans a new well decommissioning operation in Louisiana, expanding its presence to eight US states.

RWE and Indiana Michigan Power secure 200 MW deal in Indiana

RWE signed a 15-year power purchase agreement with Indiana Michigan Power for the Prairie Creek project, aimed at supporting Indiana’s growing electricity demand starting in 2028.

Armada joins Genesis programme to deploy sovereign compute power in the United States

US-based Armada has signed a memorandum of understanding with the Department of Energy to participate in the Genesis Mission, aimed at accelerating scientific research and reinforcing national energy and technology sovereignty.
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European Union rejects United Kingdom’s exemption from carbon border levy

Brussels confirmed that the United Kingdom will not be exempted from the carbon border levy until both carbon markets are connected, delaying a possible exemption by at least one year.

Technique Solaire secures €40mn junior debt to support 392 MWp in projects

Technique Solaire has secured €40mn ($43.5mn) in junior debt from BNP Paribas Asset Management to structure two solar portfolios totalling 392 MWp across France, Spain and the Netherlands.

EDF Power Solutions appoints METLEN to build 400MW Longfield solar farm

EDF Power Solutions UK has appointed METLEN to lead engineering and construction for the 400MW Longfield solar farm in Essex, with commissioning scheduled for 2030.
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Plug Power installs 5 MW electrolyzer in Namibia for integrated hydrogen hub

Plug Power has completed the installation of a 5 MW PEM electrolyzer for Cleanergy Solutions Namibia, marking the launch of Africa’s first fully integrated green hydrogen production and distribution site.

California Resources finalises asset transfer with Berry Corporation for $253mn

California Resources Corporation completed an all-stock asset transfer with Berry Corporation, strengthening its oil portfolio in California and adding strategic exposure in the Uinta Basin.

Gevo receives “A” rating for North Dakota site from BeZero Carbon

Gevo receives high-quality assessment for its carbon capture credits in North Dakota, strengthening the commercial value of its certificates in the voluntary carbon markets.
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esVolta transfers Black Walnut project tax credit to Computacenter

esVolta finalises investment tax credit transfer for its Black Walnut storage project to Computacenter, marking a first-of-its-kind operation within its California energy portfolio.

TOPCon 4.0 vs HJT: the financial trade-off in the solar sector in 2026

As the photovoltaic industry enters a phase of deep restructuring, the duel between TOPCon 4.0 and heterojunction technologies is redefining manufacturers’ margins. In 2026, reducing production costs becomes the primary strategic lever for global market leaders.

JA Solar and Trinasolar Lead a Global Solar Market in Crisis

JA Solar and Trinasolar top Wood Mackenzie’s latest semiannual ranking despite a sector-wide net loss of $2.2 billion. Industrial leaders are strengthening their grip on global photovoltaic module supply through rigorous financial discipline.
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Peregrine launches 500 MWh storage project near Dallas with Wärtsilä and WHC

Peregrine Energy Solutions has begun construction on a 500 MWh storage project in Texas, relying on Wärtsilä's technology and WHC's engineering expertise to enhance ERCOT grid flexibility.

BayWa r.e. sells 46 MW floating solar project in the Netherlands

BayWa r.e. has finalised the sale of a 46 MW floating solar park, the country’s largest, to a Dutch public-local consortium, marking a new step in the decentralised structuring of the solar market in the Netherlands.

Israel seals a €30 billion gas contract with Egypt

An agreement announced on December 17, 2025 provides for twenty years of deliveries through 2040. The package amounts to 112 billion new Israeli shekels (Israeli shekels) (NIS), with flows intended to support Egyptian gas supply and Israeli public revenues.
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Meg O’Neill takes over BP to refocus the group on hydrocarbons

British company BP appoints Meg O'Neill as CEO to lead its strategic refocus on fossil fuels, following the abandonment of its climate ambitions and the early departure of Murray Auchincloss.

Masdar commissions first UK storage site and adds 150 MW of new capacity

Masdar begins commercial operations at a Stockport battery storage unit and announces two more UK projects, part of a £1bn ($1.25bn) plan for 3GWh of BESS capacity.

Gasunie and Thyssengas to link Dutch and German hydrogen networks

Gasunie and Thyssengas have signed an agreement to convert existing gas pipelines into hydrogen conduits between the Netherlands and Germany, facilitating integration of Dutch ports with German industrial regions.
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Venezuelan oil: Caracas maintains exports despite US naval blockade

The Venezuelan national oil company has confirmed the continuity of its crude exports, as the United States enforces a maritime blockade targeting sanctioned vessels operating around the country.

Baker Hughes signs multi-year contract to equip Kuwait’s oilfields

Baker Hughes will supply advanced artificial lift systems to Kuwait Oil Company to enhance production through integrated digital technologies.