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Vattenfall invests in new 63MW onshore wind farm in Scotland
Vattenfall commits new investment to the Clashindarroch II onshore wind project, a 63MW site in Scotland set to begin construction in 2026 and deliver first power in 2027.
Fidra Energy secures £445mn for 3.1 GWh energy storage project
Scottish developer Fidra Energy reaches financial close on its Thorpe Marsh site, with equity funding led by EIG and the UK’s National Wealth Fund, marking a significant step in the UK’s energy storage sector.

AquaVentus and Hydrogen Scotland partner on North Sea hydrogen production corridor

A partnership between AquaVentus and Hydrogen Scotland aims to connect Scottish offshore wind farms to a cross-border green hydrogen production and export infrastructure in the North Sea.
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Voltalia unveils SPRING, a strategic plan to restore profitability by 2026
Voltalia launches a transformation programme targeting a return to profit from 2026, built on a refocus of activities, a new operating structure and self-financed growth of 300 to 400 MW per year.
Ineos pulls capital from the UK and commits £3bn investments in the US
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.

Qualitas Energy commissions its first biomethane site in the United Kingdom

Spanish group Qualitas Energy inaugurated the Three Maids facility near Winchester, an anaerobic digestion plant able to produce 120 GWh of biomethane annually from agricultural waste.
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MCatalysis secures funding to industrialise microwave catalysis technology from Oxford
Texas-based start-up MCatalysis secures seed funding from HL Energy Ventures to exploit, under exclusive licence, a microwave catalysis technology developed at the University of Oxford.
Van Oord completes installation of 109 cables at Sofia offshore wind farm
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.

Vantage Drilling signs 260-day contract for the Platinum Explorer

Vantage Drilling has finalised a major commercial agreement for the deployment of the Platinum Explorer, with a 260-day offshore mission starting in Q1 2026.
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Altalto secures public funding for its UK waste-to-aviation fuel project
Altalto (Immingham) Limited receives backing from the UK government to integrate NEXTCHEM technologies into its sustainable aviation fuel project derived from municipal waste.
Iran seeks to revive oil production amid threat of renewed sanctions
Ayatollah Ali Khamenei calls for modernising the oil industry and expanding export markets as Tehran faces the possible reactivation of 2015 nuclear deal sanctions.

IAEA urges Iran to resume nuclear inspections as time runs out

The International Atomic Energy Agency warns that little time remains to reach an agreement with Iran on fully resuming inspections, as European sanctions could be reimposed within 30 days.
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BlueNord lowers Tyra production guidance for Q3 2025
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.
NatPower Marine and Wah Kwong launch electric port network across 30 Asian ports
NatPower Marine and Wah Kwong create a joint venture to deploy a maritime electric charging network in over 30 Asian ports by 2030, without requiring initial public investment.

Terra Firma Energy strengthens its position with SGN’s hydrogen trial

The success of SGN’s test on a gas pipeline converted to hydrogen confirms Terra Firma Energy’s technological choices, with sites already equipped to accommodate this type of energy investment.
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European Union redefines import rules for UK oil and gas
The European Union’s new import standard forces the United Kingdom to make major adjustments to its oil and gas exports, impacting competitiveness and trade flows between the two markets.
UK prepares new oil tax regime to revive UKCS competitiveness
The United Kingdom is set to replace the Energy Profits Levy with a new fiscal mechanism, caught between fairness and simplicity, as the British Continental Shelf continues to decline.

Octopus Energy injects 600 MW into solar and storage in Spain

Octopus Energy strengthens its presence in Spain with three new energy projects totalling 600 MW, powering 2.3 million households and accelerating the expansion of its European renewables portfolio.
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Norway tests first commercial cargo flight with fully electric aircraft
An American-built electric aircraft completed a test flight between Stavanger and Bergen, marking a key step in integrating zero-emission air cargo operations into Norwegian airspace.
Orsted sues Trump administration over halt of Revolution Wind project
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.
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Monkey Island LNG integrates ConocoPhillips technology in strategic agreement
European Union targets eight bottlenecks to secure its power grid
Hungary and Poland accelerate solar and battery growth in Central Europe
Uniper demolishes 116-metre cooling tower at Scholven site
TruGrid delivers three storage projects in Texas on time and without cost overruns
The United Kingdom invests 42 billion euros to modernize its electrical grid
Faced with the rise of renewable energies, the United Kingdom is committing 42 billion euros to modernizing its electrical grid by 2031. This project, led by National Grid, aims to adapt infrastructure despite local tensions caused by the installation of new high-voltage power lines.
London Opens the Door to Small Nuclear Reactors to Revive Energy
The UK government is easing restrictions on nuclear power plant construction, particularly small modular reactors (SMRs). While this technology is still under development, it attracts several companies but poses technical and financial challenges.

Captura launches a direct ocean capture pilot plant in Hawaii

Captura, in collaboration with Equinor, has commissioned a new pilot facility in Kona, Hawaii, capable of capturing 1,000 tons of COâ‚‚ per year. This milestone marks a key step toward the large-scale deployment of Direct Ocean Capture (DOC) technology.
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Veolia Relies on Mistral AI’s AI to Optimize Its Industrial Plants
Veolia has entered into a strategic partnership with Mistral AI to integrate artificial intelligence into its plant management. The goal is to improve operational performance by enabling real-time analysis of equipment and accelerating technical interventions.
ERG Signs Wind Energy Supply Contract with Amazon
Independent renewable energy producer ERG has signed a long-term power purchase agreement (PPA) with Amazon. The deal involves energy from the Corlacky wind farm in Northern Ireland, which is expected to be operational by the end of 2025.

Equinor adjusts its strategy: renewable energy declines, hydrocarbons increase

Norwegian energy giant Equinor has revised its renewable energy ambitions downward while increasing its focus on hydrocarbons. A strategic decision that aligns with industry trends and meets market expectations.
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TotalEnergies reduces low-carbon investments despite solid profits
After a 26% drop in net profit in 2024, TotalEnergies adjusts its strategy by reducing its investments in low-carbon energy by $500 million. Despite this decline, the group continues its share buyback program and dividend increases.
Alfa Laval strengthens its portfolio with the acquisition of NRG Marine
Alfa Laval has signed an agreement to acquire NRG Marine, a UK-based company specializing in ultrasonic anti-fouling technology. This acquisition aims to enhance the group’s offering in the maritime, oil, and industrial sectors in response to the growing demand for these innovative solutions.

European Oil Majors Slow Down Their Energy Transition

Facing a renewable energy market deemed less profitable, several European oil and gas companies are shifting their strategy. BP, Shell, and Enel are reducing their green investments to prioritize hydrocarbons, while TotalEnergies maintains a hybrid approach.
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ElecLink power link gradually resumes operations after months of shutdown
Getlink is progressively relaunching ElecLink, its one-gigawatt transchannel power cable, after more than four months of suspension. The service restoration is taking place in multiple phases, with ongoing testing and capacity auctions until February 10.
Oil and Gas M&A: A Slowdown in 2025 Despite $150 Billion in Opportunities for Rystad
After two record years of mergers and acquisitions in the oil and gas sector, upstream M&A activity is expected to slow down in 2025. Despite a deal pipeline valued at $150 billion, geopolitical tensions and restrictive fiscal policies are limiting new opportunities.

Tullow Petroleum seeks to reduce debt after failed merger with Kosmos

Tullow Petroleum is focusing on reducing its debt after the cancellation of its merger project with Kosmos Energy. The company is exploring options to lighten its balance sheet and concentrate on its strategic activities.
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Sizewell C Nuclear Project Advances Without Budget Overruns
The Sizewell C nuclear power plant project in the UK is progressing as planned, without delays or cost overruns. Project leaders presented an initial progress report to parliamentarians, highlighting significant financial and industrial advancements.
Sami’s Rights and Renewable Energies: Legal Disputes Shake Northern Europe.
At the heart of the vast northern expanses, Sami communities see their ancestral ways of life challenged by the rise of renewable projects. A factual narrative revealing the tensions between economic modernization and the preservation of millennia-old traditions.

Ørsted: Leadership Shakeup and Offshore Market Challenges

Ørsted, a Danish renewable energy specialist, is undergoing a major reshuffle following difficulties in the U.S., with the resignation of its CEO and the appointment of his deputy.
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TGS Wins Offshore Wind Site Characterization Contract in the UK
TGS has secured an offshore wind site characterization contract off the coast of the UK, with a duration of 30 days and mobilization scheduled for Q2 2025.
Shell’s Profits Fall by 17%: Impact of Gas Margins and Oil Prices
Shell announces a 17% drop in profits for 2024, impacted by the decline in margins, oil, and gas prices, as well as asset impairments.

Court overturns Shell and Equinor’s North Sea oil and gas field licenses

A Scottish court has overturned the licenses granted by British authorities to Shell and Equinor to develop two oil and gas fields in the North Sea, prompting a delay in their exploitation and requiring new environmental assessments.
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The Norwegian Sovereign Fund: Record Gains Thanks to Tech Giants
The Norwegian Sovereign Fund posted a historic return of 214 billion euros in 2024, driven by investments in major tech companies. However, the dominance of these giants is now being questioned.
Trump’s Tariff Threats Weigh Down Oil Prices
The imminent prospect of U.S. tariffs on imports from Canada and Mexico is causing concern in oil markets. Combined with an unexpected rise in crude stocks in the U.S., this announcement is impacting global oil prices.
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