Oman

GreenH secures investment for three green hydrogen plants in Norway

GreenH launches construction of three green hydrogen projects in Bodø, Kristiansund and Slagentangen, backed by NOK391mn ($35.86mn) in public funding, aiming to strengthen decarbonised maritime supply along Norway’s coast.

Nel ASA to supply over 20 MW of electrolysers for two GreenH projects in Norway

Nel ASA becomes technology provider for the Enova-supported hydrogen sites in Kristiansund and Slagentangen, with a combined minimum capacity of 20 MW.

Germany grants $24.3 million to Nigeria to accelerate its energy transition

Berlin strengthens its cooperation with Abuja through funding aimed at supporting Nigeria’s energy diversification and consolidating its renewable infrastructure.
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Uniper shuts down Karlshamn-2 after failure of Swedish winter backup scheme

The shutdown of Karlshamn-2 removes 335 MW of heavy fuel oil capacity from southern Sweden, exposing the limits of a strategic reserve model approved but inoperative, and increasing pressure on winter supply security.

Shell exits MarramWind and CampionWind, prioritising high-return investments

Shell withdraws from two floating wind projects in Scotland, reinforcing capital discipline in favour of faster-return activities. ScottishPower takes over MarramWind while CampionWind is returned to Crown Estate Scotland for reallocation.

Sofia secures Lukoil refinery ahead of planned state takeover

The Bulgarian government has increased security around Lukoil’s Burgas refinery ahead of a state-led takeover enabled by new legislation designed to circumvent international sanctions.
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Envision and Statera partner on 680MW storage project in the United Kingdom

China's Envision Energy will supply a 680MW battery storage system to UK-based Statera Energy as part of the Carrington project, one of the largest in the country to reach financial close.

Fusion Fuel Cycles joint venture begins construction of UNITY-2 test facility

Fusion Fuel Cycles has begun work on its UNITY-2 facility, a unique test bench designed to validate the full tritium fuel cycle under fusion conditions, marking a key step toward fusion energy.

RWE completes Nordseecluster A foundations ahead of maintenance operations

RWE has finalised installation of all 44 foundations at the Nordseecluster A offshore site in the North Sea, a key milestone before planned maintenance activities leading up to 2027 on this 660-megawatt project.
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INNIO and KMW build 54 MW gas-fired power plant to secure data centres

INNIO and KMW partner to construct a 54 MW modular gas power plant in Mainz, designed to stabilise the grid and ensure supply to the future Green Rocks data centre.

Pembina and PETRONAS sign 20-year agreement for Cedar LNG liquefaction capacity

Pembina Pipeline Corporation and PETRONAS have signed a long-term agreement securing 1 million tonnes per year of liquefaction capacity at Canada's Cedar LNG terminal, reinforcing their positions in the global liquefied natural gas market.

Nel ASA secures over $50mn PEM order for two hydrogen projects in Norway

Norwegian group Nel ASA has received a firm order worth over $50mn to supply its PEM electrolysers for two green hydrogen production units in Florø and Eigersund.
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Aker Solutions secures five-year contract with ExxonMobil Canada for Hebron platform

Aker Solutions has secured a five-year brownfield maintenance contract extension with ExxonMobil Canada, reinforcing its presence on the East Coast and workforce in Newfoundland and Labrador.

TGS signs three-year strategic agreement with Chevron for offshore seismic acquisition

Norwegian provider TGS will mobilise its marine seismic resources for at least 18 months for Chevron under a three-year capacity agreement covering exploration and development projects.

Fluor selected for front-end engineering of LanzaJet’s sustainable fuel hub in England

Fluor Corporation will lead the front-end engineering of a UK sustainable aviation fuel plant led by LanzaJet and British Airways, with planned output of over 90,000 tonnes per year.
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Shell transfers $8.4bn in debt to its U.S. subsidiary

Shell launches a bond exchange offer on six USD-denominated series to restructure $8.4bn in debt through its newly formed entity Shell Finance US.

DNO strengthens position in Verdande through asset swap with Aker BP

Norwegian firm DNO increases its stake in the developing Verdande field by offloading non-core assets to Aker BP in a cash-free transaction.

Ørsted deepens losses in the third quarter despite major fundraising

Danish offshore wind giant Ørsted reported a net loss of 1.7 billion kroner in the third quarter, despite a $9.4 billion recapitalisation aimed at strengthening its balance sheet and stabilising operations.
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NU E Power acquires 500 MW of energy assets to strengthen global network

NU E Power Corp. acquires 500 MW of hybrid projects from ACT Mid Market Ltd. to support the global expansion of its artificial intelligence and Bitcoin mining infrastructure.

Sinopec signs $40.9bn in deals during 2025 China International Import Expo

Sinopec finalised supply agreements worth $40.9bn with 34 foreign companies at the 2025 China International Import Expo, reinforcing its position in the global petroleum and chemical trade.

Copenhagen Infrastructure Partners sells 50% of Coalburn 2 to AIP Management

Danish fund Copenhagen Infrastructure IV transfers half of its stake in the UK-based Coalburn 2 project to AIP Management, strengthening AIP's energy storage portfolio in the United Kingdom.

Exolum invests £4.5mn in UK’s first independent SAF blending site

Energy logistics firm Exolum launches the UK’s first independent sustainable aviation fuel blending site, supporting a nationwide network expected to supply up to 65,000 flights per year.

UK sanctions Rosneft, Lukoil and 51 vessels linked to Russian oil exports

The United Kingdom targets two Russian oil majors, Asian ports and dozens of vessels in a new wave of sanctions aimed at disrupting Moscow's hydrocarbon exports.
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Aura Power secures financing for 30MW Rayleigh solar farm

Aura Power has finalised financing for its fourth UK solar plant in twelve months, backed by Rabobank, bringing its under-construction capacity to 242 MWp across the country.

The Renewables Infrastructure Group signs 10-year agreement with Virgin Media O2

The Renewables Infrastructure Group has signed a ten-year power purchase agreement with Virgin Media O2 for its onshore wind farms in the United Kingdom, ensuring price stability for both parties.

Brent under pressure: traders expect prices to fall towards $60

Major global oil traders anticipate a continued decline in Brent prices, citing the fading geopolitical premium and rising supply, particularly from non-OPEC producers.
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ASEAN targets $10.7 billion in investments to modernise its power grids

A report estimates $2.3 billion in avoidable economic losses by 2040 if Southeast Asia strengthens its electricity infrastructure through smart grids.

UK grants approval for 500-MW solar project in Lincolnshire

The British government has approved Tillbridge Solar Farm, a 500-MW solar power plant with 2,310 MWh of energy storage, developed by Tribus Clean Energy and Recurrent Energy.

Ukraine prepares legal framework to accelerate small modular reactor deployment

A roadmap under development aims to establish regulatory and technical foundations for the deployment of small modular reactors, with the goal of strengthening national energy security and attracting private capital.
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Metacon acquires assets from Hynion Sweden to boost hydrogen projects

Metacon acquired components from the bankruptcy estate of Hynion Sverige AB for SEK3.5mn ($320,000), aiming to support its hydrogen refuelling station projects in Sweden.

BP launches five-well offshore gas drilling campaign in Egypt

BP has awarded Valaris a $140mn drilling contract for a Mediterranean offshore campaign aimed at reinforcing Egypt’s declining gas output since 2021.

Empower New Energy signs major industrial solar deal in Tunisia

Norwegian developer Empower New Energy expands in North Africa with a strategic partnership involving ten industrial solar sites for self-consumption in Tunisia.
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Hydrogen injected into national grid: Centrica and National Gas reach key milestone

The United Kingdom has carried out its first real-life trial of green hydrogen blending into the national gas transmission network, with power generation as a result.

Infinis secures £391mn funding to accelerate renewable energy portfolio expansion

UK power producer Infinis has secured a £391mn ($476mn) banking agreement to support the next phase of its solar and energy storage development projects.

Moeve joins Shell’s Avelia platform to scale sustainable aviation fuel supply

Spanish producer Moeve becomes the first external SAF supplier to join Shell’s blockchain-based platform designed to expand low-emission jet fuel adoption.
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Costain secures £1bn contract for Sellafield infrastructure works

Costain has been selected to upgrade essential utilities at the Sellafield nuclear site under a contract worth up to £1bn over fifteen years.

Global energy demand rises by 40 million barrels of oil equivalent per day

Aramco CEO Amin Nasser warns of growing consumption still dominated by hydrocarbons, despite massive global energy transition investments.

Sizewell C signs two major contracts for nuclear fuel supply

The upcoming Sizewell C nuclear power plant secures its fuel supply through agreements signed with Urenco and Framatome, marking a key step in strengthening the United Kingdom’s long-term energy stability.
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Venture Global sinks 20% after legal defeat to BP over LNG contract dispute

US LNG producer Venture Global saw its market value drop sharply after an arbitral ruling in favour of BP reignited concerns over ongoing contractual disputes tied to the Calcasieu Pass project.

GoldenPeaks Capital and Envision sign deal for 1 GWh battery storage in Europe

GoldenPeaks Capital and Envision have signed a memorandum of understanding to deploy up to 1 GWh of next-generation battery energy storage systems across several European markets.