Ineos Energy ends all projects in the UK, citing unstable taxation and soaring energy costs, and redirects its investments to the US, where the company has just allocated £3bn to new assets.
Van Oord has completed the installation of 109 inter-array cables at the Sofia offshore wind farm, marking a major logistical milestone for this North Sea energy infrastructure project.
Norwegian company BlueNord has revised downward its production forecasts for the Tyra gas field for the third quarter, following unplanned outages and more impactful maintenance than anticipated.
Netherlands-based BTG Bioliquids and Canada’s NanosTech join forces to develop a modular solution for advanced biofuel production, with a project underway in Europe and Canada.
Dutch company PowerField has launched a fully automated frequency reserve service, integrating solar generation, battery storage and trading, with initial operations validated by grid operator TenneT.
Lhyfe has started supplying Essent with renewable green hydrogen under a multi-year contract, marking a major commercial debut in the Netherlands for the French producer.
Orsted and two U.S. states have taken federal legal action to contest the abrupt halt of the Revolution Wind project, a $5 billion offshore venture now at risk of prolonged suspension.
The Dutch government grants major funding to RWE to develop an offshore wind-powered electrolysis facility, marking a key step in the OranjeWind project.
Shell ends construction of its biofuels plant in the Netherlands, citing low competitiveness, while reinforcing its oil activities, raising questions over its previous energy commitments.
The Danish Energy Agency confirmed the rejection of 37 feasibility study permit applications, citing European Union state aid rules and lack of competition.
thyssenkrupp nucera has completed the purchase of key assets from Green Hydrogen Systems, strengthening its position in pressurised alkaline electrolysis for industrial hydrogen production.
Equinor confirms its participation in Ørsted’s capital increase, aiming to maintain its 10% stake and support the financial stability of the Danish group facing headwinds in offshore wind.
The Northern Lights project has injected its first volume of CO2 under the North Sea, marking an industrial milestone for carbon transport and storage in Europe.
The Revolution Wind project, already 80% complete, has been halted by the U.S. administration over national security concerns, creating major uncertainty in the sector.
The European Union’s regulatory framework mandates green hydrogen integration in refineries, generating projected demand of 0.5 million tonnes by 2030.
A Ukrainian national suspected of coordinating the Nord Stream pipeline sabotage has been apprehended in Italy, reigniting a judicial case with significant geopolitical implications across Europe.
Petrobras is holding talks with SBM Offshore and Modec to raise output from three strategic FPSOs, two already at full capacity, to capture more value from the high-potential pre-salt fields.
Atlantic Petroleum signed a conditional agreement to reduce its debt by at least DKK90mn ($12.8mn), while posting a modest net profit of DKK1.4mn marks a return to financial balance.
Vattenfall has signed an agreement with Return to operate and optimise a 50-megawatt battery park in Waddinxveen, aiming to strengthen its energy storage portfolio in Northern Europe.
Copenhagen Infrastructure Partners has signed an agreement to sell 50% of the Coalburn 1 energy storage project to AXA IM Alts, marking a key step in the development of energy infrastructure in the United Kingdom.
EnBW’s He Dreiht project reaches a major milestone with the installation of the first 15 MW Vestas turbine, marking progress in the construction of the 960 MW wind farm.
The Dutch government is unlocking €11.4 billion aimed at securing industrial energy supplies, strengthening electricity infrastructure, and accelerating civilian nuclear development, in response to current economic and energy constraints.
SBM Offshore announces the launch of its €141 million ($150 million USD) share repurchase program, following the completion of the €130 million program, as part of its strategy to reduce capital and support employee programs.
Tesla sales saw a significant drop in March, with a 36% decrease compared to the previous year, according to data from the European Automobile Manufacturers Association. The brand faces increased competition and the consequences of its image.
AXIAN Energy has entrusted Voltalia and Entech with the development of a 60 MW solar plant combined with 90 MWh storage in the Kolda region, scheduled to be operational by 2026.
The Danish government has granted Norne Thorning Storage an exploration licence to assess the Thorning geological structure for potential underground carbon dioxide storage by 2030.
Dutch group SBM Offshore has secured a new USD1.1bn revolving credit facility from an international banking consortium, extending and enlarging a previous financing agreement.
SBM Offshore finalises a non-recourse leaseback agreement worth $400 million for FPSO Cidade de Paraty, transferring ownership to a consortium of Chinese lessors for an eight-year period.
ScottishPower Renewables awards HSM Offshore Energy the design and construction of the offshore substation and its foundation for the East Anglia TWO wind farm off the Suffolk coast.
TSG has completed the acquisition of Leirivolt in Portugal and Kronenburg Techniek in the Netherlands, consolidating its expansion strategy in intelligent energy services across Europe.
Danish company Nordic Solar has signed a non-recourse financing agreement with Swedbank for the construction of an 80 MWp solar park in Švenčionys, marking their second collaboration in Lithuania.
Swedish manufacturer Autoliv signs two 12-year renewable power purchase agreements with Alight and Eurowind Energy to ensure stable supply and anticipate volatility in European energy markets.
France now counts over 100 long-term electricity purchase agreements, totalling 2 GW, mainly driven by the rise of photovoltaics and the expansion of hybrid and multi-buyer models.
Octopus Energy has acquired a 10% stake in the East Anglia One offshore wind farm, expanding its European portfolio and surpassing $2 billion in offshore wind investments.
Over 100 international organisations are urging a halt to offshore oil and gas exploration ahead of the United Nations Ocean Conference scheduled in June in Nice.
Ionity, Fastned, Electra and Atlante will launch a joint platform this summer allowing drivers to access their fast-charging networks across 25 countries without additional formalities.
Dutch organisation Milieudefensie is suing ING for its alleged role in financing fossil fuel projects, demanding the bank halve its CO2 emissions by 2030.
