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Norway

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.
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.

European carbon prices climb above €76 on compliance-driven demand

European carbon allowance prices reached a six-month high, driven by industrial compliance buying ahead of the deadline and rising natural gas costs.
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BTG Bioliquids and NanosTech to launch 500-barrel-per-day modular biorefinery
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.
PowerField activates automated FCR service linked to solar and storage
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 begins green hydrogen deliveries in the Netherlands for the GROHW project

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.
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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.
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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RWE secures €551mn for 100 MW electrolyser in Eemshaven
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 halts its biofuels plant in Rotterdam amid strategic trade-off
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.

Denmark rejects again 37 offshore wind applications without tender

The Danish Energy Agency confirmed the rejection of 37 feasibility study permit applications, citing European Union state aid rules and lack of competition.
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thyssenkrupp nucera acquires technology assets from Green Hydrogen Systems
thyssenkrupp nucera has completed the purchase of key assets from Green Hydrogen Systems, strengthening its position in pressurised alkaline electrolysis for industrial hydrogen production.
Scatec signs 15-year power purchase agreement for a solar plant in Colombia
Norwegian group Scatec has signed a power sales agreement with BTG Pactual for its first solar project in Colombia, representing an estimated $110mn investment.

BW Offshore selected by Equinor for Bay du Nord FPSO development

BW Offshore has been chosen by Equinor to supply the FPSO unit for Canada’s Bay du Nord project, marking a key milestone in the advancement of this deepwater oil development.
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Equinor injects up to $939mn to support Ørsted’s capital increase
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.
Norway launches assessment process for two nuclear projects
Norwegian authorities begin the first regulatory phase for two modular nuclear reactor projects, marking a strategic step in the national review of the potential role of nuclear energy in the country’s power mix.

Equinor, Shell and TotalEnergies launch the first subsea CO2 injection in Norway

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.
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Vantage Drilling extends conditional agreement for the Platinum Explorer rig
Vantage Drilling International Ltd. extends the validity of its conditional letter of award until August 29, without changes to the initial terms.
Ukrainian Arrested in Italy Refuses Extradition for Nord Stream Sabotage
First suspect linked to the Nord Stream pipeline explosions, a Ukrainian citizen challenged by Berlin opposes his judicial transfer from Italy.
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Baker Hughes to deliver geothermal equipment to Fervo Energy for 300 MW capacity
Brazil requests full membership in the International Energy Agency
Shell halts its biofuels plant in Rotterdam amid strategic trade-off
China redefines electric vehicle strategy around technological innovation
Battolyser Systems raises 30 million euros to produce green hydrogen
Battolyser Systems, a specialist in battery electrolyzers, raises €30 million in Series A financing to industrialize its electrolyzer and meet the growing demand for green hydrogen.
Système Battolyser
France well prepared for winter 2024 with gas stocks 90% full
French gas stocks have reached 90%, guaranteeing stability for the winter of 2024 despite the cessation of Russian transit via Ukraine.

Ellomay Capital secures €110 million for its solar projects in Italy

Ellomay Capital signs a €110 million financing commitment with a European investor to support its solar portfolio in Italy, including projects in operation, under construction and ready for launch.
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NewEnergyBlue acquires Inbicon’s technology and expands its global licenses
NewEnergyBlue buys Inbicon's biomass technology from Ørsted, strengthening its global patent portfolio and licenses.
Afghanistan: Work begins on the TAPI gas pipeline between Central and South Asia
Afghanistan launches construction of the TAPI gas pipeline, a USD 10 billion project linking Turkmenistan, Pakistan and India to transport natural gas over 1,800 km.

EU urges France to act quickly to close the renewable energy gap

The European Union is warning that France is lagging behind in terms of renewable energies, and insisting on greater efforts to meet the common energy targets set for 2030.
Commission Européenne
Seasonal gas margins in 2025 put the brakes on storage in Europe
Small seasonal variations on the European natural gas market in 2025 will make inventory management more complex, and may require adjustment measures to meet regulatory fill targets.
Terminal LNG aux Pays-Bas
H2 Energy and Ontras connect a Danish hydrogen power plant to the German grid
H2 Energy and Ontras Gastransport plan to transport green hydrogen from a power plant in Denmark to Germany, using gas infrastructures to meet growing industrial needs for clean energy.

Enel prepares to withdraw from Vietnam, impact on renewable projects

Enel could pull out of Vietnam, following the trend of other Western companies reviewing their renewable energy strategies in the face of regulatory challenges.
TEMPLATE ENERGYNEWS(17)
European LNG spot prices outperformed by oil-indexed contracts
Spot prices for liquefied natural gas in Europe are in difficulty compared with long-term oil-indexed contracts, due to persistently low crude oil prices and winter uncertainties.
Otovo cuts headcount by 46% in response to solar market downturn
Otovo cuts headcount by 46% to save up to 225 million kronor, as the residential solar market in Europe shows signs of slowing down.

Nepal: BG Titan Group and BB Holding sign 650 MW hydropower MOU

BG Titan Group and BB Holding formalize an agreement to develop the 650 MW Tamakoshi 3 hydropower project in Nepal, marking a further step in the expansion of the country's energy infrastructure.
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Canada: Buffalo Plains wind farm connected to the Alberta grid
Copenhagen Infrastructure Partners (CIP) announces the first injection of electricity from the Buffalo Plains wind farm into the Alberta grid. The 495 MW project is scheduled to be fully operational by the end of 2024.
CIP completes 300MW Zhong Neng Offshore Wind Farm in Taiwan ahead of schedule
Copenhagen Infrastructure Partners completes 300 MW Zhong Neng offshore wind farm in Taiwan, exceeding schedule and local content targets.
Eo

Sovcomflot maintains its share of Russian non-G7 oil exports at 80%.

Despite Western sanctions, Sovcomflot retains a significant share of Russia's non-G7 crude oil exports, exceeding 80% in August. New U.S. sanctions increase pressure to reduce Russian revenues.
Tanker Sovcomflot
Ukraine stops Russian gas transit, but to what effect?
The announcement that Russian gas transit via Ukraine will cease in a few months' time is changing the energy dynamic in Europe and redefining supply and diversification strategies. This article analyzes the economic, geopolitical and logistical consequences for the various players involved.
Pipeline en Ukraine
Norway challenges climate injunction blocking three oil fields
Norway is requesting the lifting of injunctions on three oil fields, arguing that the economic impacts outweigh the environmental benefits claimed.
Plateformes pétrolières Aker BP

United Kingdom: Eni and HitecVision secure Green Volt floating wind project

The Flotation Energy-Vaargroenn joint venture, including Eni and HitecVision, wins a contract for the Green Volt project, a floating wind farm supported by the UK auction.
éolienne flotation energy
Eni and Snam launch CO2 capture and storage in the Adriatic Sea
Eni and Snam are implementing a carbon capture and storage (CCS) project in the Adriatic Sea to reduce industrial CO2 emissions in Italy.
Infrastructure énergétique ENI à laquelle doit être associé le captage de carbone
Vattenfall halts wind farm project in Sweden due to uncertain connection
Faced with a lack of clarity over grid connection, Vattenfall suspends development of its Kriegers Flak offshore wind farm in the Baltic Sea, underlining the growing challenges facing the sector in Sweden.
Projet éolien offshore en construction Kriegers Flak
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