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.
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.

OPEC+ approves 137,000 barrels/day increase starting in October

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.
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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.
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.

OPEC+ prepares for decisive debate on quotas amid surplus risk

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.
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Greek shipping companies are gradually withdrawing from transporting Russian crude as the European Union tightens compliance conditions on price caps.
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.

Transneft strategic site targeted in Russia strike

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.
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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.
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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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.
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.

Indian imports of Russian oil rise 15% in first half of 2025

India increased its purchases of Russian oil and petroleum products by 15% over six months, despite new US trade sanctions targeting these transactions.
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Gazprom and China National Petroleum Corporation have signed a binding memorandum to build the Power of Siberia 2 pipeline, set to deliver 50 bcm of Russian gas per year to China via Mongolia.
Russian group T Plus plans to stabilise its electricity output at 57.6 TWh in 2025, despite a decline recorded in the first half of the year, according to Chief Executive Officer Pavel Snikkars.

Indonesia and Eurasian Economic Union to sign free trade deal by end of 2025

Indonesia will finalise a free trade agreement with the Eurasian Economic Union by year-end, paving the way for expanded energy projects with Russia, including refining and natural gas.
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Norwegian group Scatec has signed a power sales agreement with BTG Pactual for its first solar project in Colombia, representing an estimated $110mn investment.
During a meeting in Beijing, Vladimir Putin called on Slovakia to suspend its energy deliveries to Ukraine, citing Ukrainian strikes on Russian energy infrastructure as justification.
The EU has approved a new package of sanctions against Russia, aimed at restricting access to technology and reducing Moscow's energy revenues.
The containment dome for unit 4 of the Xudabao nuclear power plant has been installed in a single stage, marking a significant step forward in the project.

Ukraine plans to rebuild 1GW of hydropower infrastructure

Ukrainian hydropower regulator Ukrhydroenergo is committed to restoring 1 GW of generating capacity before winter, and is considering long-term construction projects for a further 2.4 GW.
Reconstruction infrastructures hydroélectriques Ukraine
The French Senate is proposing that the French government acquire a "specific share" in TotalEnergies, in order to have a say in the company's strategy.
The first delivery of nuclear fuel for the Kursk II power plant marks a key milestone in Russia's energy development.

The dilemma of the nuclear sanctions mechanism against Russia

The complexity of the sanctions against Rosatom highlights the crucial issues at stake in global nuclear security. Analysis of the impact and outlook for the nuclear industry in the face of the Ukrainian crisis.
Sanctions industrie nucléaire Russie
The French Senate recommends an immediate halt to imports of Russian liquefied natural gas (LNG), with the aim of strengthening the country's energy sovereignty.
Ukraine said it had carried out a night-time drone attack on a Russian oil refinery in Azov, triggering a massive fire, with no casualties, according to local authorities.

Boom in solar installations in Germany: +35% at the start of 2024

The dynamism of the German solar sector is confirmed, with 35% growth in solar installations in the first four months of 2024. Increasing industrial and commercial demand for photovoltaics is reinforcing this trend.
Installations solaires Allemagne
GRTgaz and Equinor are working together to create a transport and carbon sequestration infrastructure between France and Norway, aimed at reducing industrial emissions from Dunkirk by 2029.
Rafael Grossi, Director of the IAEA, expresses his wish to resume contacts with North Korea to guarantee the safety of its nuclear facilities.

Norway allocates $103 million for energy infrastructure in Ukraine

Norway will provide Ukraine with $103 million to repair its energy infrastructure damaged by Russian attacks, ensuring supplies before winter.
Soutien énergétique norvégien en Ukraine
Everfuel is proposing a 2 GW hydrogen production project in Revsing, to supply industrial customers in Germany via a future pipeline.
In May, Russia exceeded OPEC+ production quotas, but is committed to meeting its obligations by September 2025.

Kyrgyzstan Relaunches Uranium Mining to Boost Economy

Kyrgyzstan lifts ban on uranium mining to revitalize its economy, despite environmental concerns. The government promises strict compliance with ecological standards to reassure the public.
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Canada is gearing up to become a key player in the global LNG market with several projects under development on the West Coast, despite persistent regulatory challenges.
The European Union and Ukraine have asked Azerbaijan to play a key role in facilitating a new Russian gas transit agreement, currently under discussion.

Delay of Equinor’s Saltend H2H in the UK: Financing uncertainties

Equinor postpones its final investment decision for the H2H Saltend blue hydrogen plant in the UK until 2027, following uncertainties over financing and carbon capture and storage policy.
Retard H2H Saltend Royaume-Uni
Iran is increasing its nuclear capacity despite criticism from the International Atomic Energy Agency (IAEA), installing new cascades at Natanz and Fordow.
The County Administrative Board of Västra Götaland recommends approval of the Mareld floating wind farm, a project of Freja Offshore, a joint venture between Mainstream Renewable Power and Hexicon.