Norway

Russia plans to ship 2.1 million barrels per day from its western ports in September, revising exports upward amid lower domestic demand following drone attacks on key refineries.
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.

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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OPEC+ begins a new phase of gradual production increases, starting to lift 1.65 million barrels/day of voluntary cuts after the early conclusion of a 2.2 million barrels/day phaseout.
The Voskhod and Zarya vessels, targeted by Western sanctions, departed China’s Beihai terminal after potentially offloading liquefied natural gas from the Arctic LNG 2 project.

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.
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Sweden's Minesto begins a SEK25mn ($2.26mn) tidal microgrid project in the Faroe Islands, targeting integration with local applications such as electric vehicle charging and industrial processes.
Eight OPEC+ members will meet to adjust their quotas as forecasts point to a global surplus of 3 million barrels per day by year-end.

Greek shipowners cut Russian crude links under new compliance rules

Greek shipping companies are gradually withdrawing from transporting Russian crude as the European Union tightens compliance conditions on price caps.
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The Ukrainian president demanded that Slovakia end its imports of Russian crude, offering an alternative supply solution amid ongoing war and growing diplomatic tensions over the Druzhba pipeline.
A key station on the Stalnoy Kon pipeline, essential for transporting petroleum products between Belarus and Russia, was targeted in a drone strike carried out by Ukrainian forces in Bryansk Oblast.

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.
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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 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.

Lyten restarts Northvolt operations in Sweden with former executive team

Following its acquisition of Northvolt’s assets, US-based Lyten has appointed several former executives of the Swedish battery maker to key roles to restart production in Europe.
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Rosneft Germany announces the resumption of oil deliveries to the PCK refinery, following repairs to the Druzhba pipeline hit by a drone strike in Russia that disrupted Kazakh supply.
ABO Energy maintains its annual targets despite a drop in half-year profit, relying on cost-cutting measures and early project sales to secure cash flow.

Russia targets 30 million tons of coal transported via Pacific Railway by 2026

The new Russian railway line linking the Elga mine to the Sea of Okhotsk port will reach full capacity in 2026, after an operational testing phase scheduled for 2025.
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The Danish Energy Agency confirmed the rejection of 37 feasibility study permit applications, citing European Union state aid rules and lack of competition.
India increased its purchases of Russian oil and petroleum products by 15% over six months, despite new US trade sanctions targeting these transactions.
LNG Freight Rates Hit Multiyear Lows Amid Weak Demand
Members of the European Nuclear Energy Alliance have called on the upcoming European Commission to recognize the role of nuclear and renewables in Europe's decarbonization between 2024 and 2029.

BRICS+ Members Strengthen Their Cooperation in Nuclear Energy

The BRICS+ Nuclear Energy Platform aims to share experiences and support the development of nuclear technologies among member countries, thereby enhancing collaboration in the energy sector.
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Ohmium and SwitcH2 Have Finalized the Development of a 300 MW Green Ammonia Floating Production Project off Southern Europe
The United Kingdom has blacklisted 22 oil tankers and LNG vessels, aiming to weaken Russian financial resources and reduce maritime pollution risks.

Kazakhstan: Kashagan Operator Asks QazaqGaz to Focus on Construction

The international operator of Kashagan urges QazaqGaz to prioritize the construction of processing facilities, as oil production growth projects are delayed.
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The British government has opened 37 investigations into suspected breaches of sanctions imposed on the Russian oil sector, marking an intensification of efforts to enforce restrictions aimed at reducing Russia's oil revenue.
In the heart of Donbass, Ukrainian miners continue to extract essential coal despite bombings. Their work, a true energy front, is crucial to maintaining Ukraine's electricity supply during wartime.

New Phase of Safety on Chernobyl’s Original Shelter

The project aimed at securing Chernobyl's original shelter enters a new phase, evaluating structures requiring immediate dismantling or stabilization. This essential initiative extends site safety.
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In September 2024, China imported a record volume of coal, driven by the decline in international prices and growing domestic demand, particularly in electricity production and the chemical industry.
India Intensifies Efforts to Increase Crude Oil Purchases from Brazil Despite Competition from Discounted Russian Oil and Logistical Challenges Related to Maritime Transport

China’s Peak Oil Demand Looms: Challenges and Perspectives

As China, the world's second-largest oil consumer, may reach a peak in refined product demand by 2027, the implications for the global oil market and prices are significant.
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Northvolt, the Swedish battery manufacturer, announces significant progress in its refinancing discussions while taking steps to stabilize its financial situation.
Uniper ends its SkyFuelH2 project in Sweden due to regulatory uncertainty and increasing costs, reflecting current challenges in the sustainable aviation fuel market.

Turkey Facing the Expiration of Major Gas Contracts in 2025-2026

Turkey Facing the Expiration of Major Gas Contracts in 2025-2026
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Hiroshima Gas builds two LPG tanks for lean LNG
Across Europe, wind farm projects face increasing opposition in rural areas. Examples in Sardinia, Auvergne, and other regions illustrate the tensions between energy transition and the protection of territories.

Cyberattacks: Fortum Faces Increasing Threats to Its Infrastructures in Finland and Sweden

Fortum, a major player in the Finnish energy sector, is confronting a surge of cyberattacks and suspicious surveillance activities around its facilities in Finland and Sweden, likely orchestrated by Russian actors, heightening geopolitical tensions in the region.
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Russia has unveiled its first domestic gas turbine, the GTD-110M, at the Udarnaya power plant. This development, intended to replace Western technologies, marks a crucial step towards its energy independence.
Hungary Sees TurkStream as Vital Alternative Amidst Ukraine Gas Transit Uncertainty