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.
The Grand Ethiopian Renaissance Dam is now fully operational, with a planned capacity of 5,150 MW, marking a key step in the country’s energy deployment.
QatarEnergy obtained a 35% stake in the Nzombo block, located in deep waters off Congo, under a production sharing contract signed with the Congolese government.
A report from energy group Edison highlights structural barriers slowing renewable deployment in Italy, threatening its ability to meet 2030 decarbonisation targets.
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.
The Indonesian government confirmed the delivery of nine to ten liquefied natural gas cargoes for domestic demand in September, without affecting long-term export commitments.
The Egyptian government signs four exploration agreements for ten gas wells, allocating $343mn to limit the impact of the rapid decline in national production.
TotalEnergies and its partners have received a new oil exploration permit off Pointe-Noire, strengthening their presence in Congolese waters and their strategy of optimising existing infrastructure.
The Grand Renaissance Dam, set to be inaugurated in September, aims to produce 5,000 megawatts and could generate up to $1 billion per year for Ethiopia, according to the government.
The Kuwaiti government has invited three international consortia to submit bids for the first phase of the Al Khairan project, combining power generation and desalination.
An Indonesian ministerial delegation visited China to explore waste-to-energy solutions, as the country moves forward with a $200mn project in Makassar.
Korea Gas Corporation commits to 3.3 mtpa of US LNG from 2028 for ten years, complementing new contracts to cover expired volumes and diversify supply sources and price indexation.
Chevron has opened talks with Libya’s National Oil Corporation on a possible return to exploration and production after leaving the country in 2010 due to unsuccessful drilling.
Bp has awarded Baker Hughes a long-term service agreement for the Tangguh liquefied natural gas plant, covering spare parts, maintenance and technical support for its turbomachinery equipment.
CNOOC Limited has signed two production sharing contracts with SKK Migas to explore the Gaea and Gaea II blocks in West Papua, alongside EnQuest and Agra.
ISDN Holdings strengthens its position in Indonesia by acquiring a majority stake in PT Funda, integrating hydropower capabilities across the entire project lifecycle and consolidating its renewable energy investments.
Indonesia Energy Corporation signs a memorandum of understanding with Aguila Energia to identify oil and gas assets in Brazil, marking a first incursion outside its domestic market.
Norway’s hydropower pumped storage capacities, amounting to 83 TWh, are increasingly being leveraged to regulate renewable energy surpluses in Europe and stabilize electricity prices.
The IMF forecasts robust economic growth for Libya in 2025 driven by oil, but warns that structural reforms are essential to avoid renewed vulnerability to global market shocks.
The Czech Republic has ended its dependency on Russian oil after more than six decades, a major shift made in response to Russia's invasion of Ukraine.
France Chimie warns that 47 industrial sites in France and up to 350 across the European Union could shut down without an emergency response to the escalating trade tensions with the United States and China.
The Greek government formalises maritime zone planning to optimise resource exploitation, particularly in the energy sector, under European and international legal frameworks.
Hyundai Motor Group, in partnership with Pertamina and Indonesian authorities, announces the construction of a waste-based hydrogen production site in West Java, set to be operational by 2027.
Abbas Araghchi will meet Sergey Lavrov in Russia before resuming nuclear discussions with the United States, scheduled for 19 April in Muscat under Omani mediation.
Masdar and PT PLN (Persero) formalised two agreements to develop floating solar power generation in West Java and expand the Cirata project, operational since 2023.
Wind and solar energy accounted for nearly one-fifth of Türkiye’s electricity generation in 2024, according to an analysis by think tank Ember, driven by a strong increase in installed capacity.
French company Reden has commissioned its first photovoltaic power plant in Italy on a disused site in Codroipo, redeveloped to support an installed capacity of 23.5 megawatts.
Despite a predominantly decarbonised electricity production, demand in Europe remains subdued, hindered by uncompetitive prices and limited industrial usage.
TAG Oil has signed a definitive agreement to sell its royalty interests in New Zealand, aiming to strengthen its cash position ahead of its planned investments for 2025.
Italian group Snam will acquire nearly a quarter of Open Grid Europe for €920mn, expanding its gas infrastructure presence in Germany, subject to regulatory approvals expected by the third quarter of 2025.
Sasol confirms the launch in September 2025 of a key gas project to supply a major power station in Mozambique, following an unexplained delay from the originally scheduled March date.
Despite severe Western sanctions targeting Russian energy, Rosatom continues its international nuclear projects and maintains a steady flow of enriched uranium to Europe and the United States, thus supporting the Russian economy through an effective diversification strategy.
Italian company Eni has initiated a major engineering, procurement, construction and installation (EPCI) tender for its $17.49 billion Kutei North Hub gas project offshore Indonesia.
Swiss fund Energy Infrastructure Partners increases its stake in Plenitude to 10% after a total €800mn investment, confirming a post-transaction equity valuation of €8bn.
