Qatar

Trump reignites tensions over India’s imports of Russian oil

India faces mounting pressure from the United States over its purchases of Russian oil, as Donald Trump claims Prime Minister Narendra Modi pledged to halt them.

ABB boosted by data centre demand and beats forecasts

ABB recorded double-digit growth in sales of equipment for data centres, contributing to a 28% increase in net profit in the third quarter, surpassing market expectations.

Santos cuts 2025 production forecast again due to technical issue

Australian group Santos lowers its annual production forecast after an unplanned shutdown at the Barossa project and delayed recovery in the Cooper Basin.
en_1140171027540

Europe spent an extra €930bn on fossil energy between 2021 and 2024

A report highlights the financial burden of fossil imports during the energy crisis and points to electrification as key to European energy security.

Fluence to supply 640 MWh of storage to Torch Clean Energy in Arizona

The Winchester project will combine 160 MW of storage with two 80 MW solar plants in Cochise County, with delivery expected in early 2027.

Quinbrook takes majority stake in Elemental Clean Fuels in Canada

Asset manager Quinbrook expands its North American portfolio with a first Canadian investment by acquiring a strategic stake in developer Elemental Clean Fuels.
en_1140171048540

Green Plains deploys carbon capture system at its York facility

Green Plains has commissioned a carbon capture system in York, Nebraska, marking the first step in an industrial programme integrating CO₂ geological storage across multiple sites.

VoltaGrid to supply 2,300 MW to Oracle for next-gen AI data centres

VoltaGrid partners with Oracle to deploy modular gas-powered infrastructure designed to stabilise energy use in artificial intelligence data centres while creating hundreds of jobs in Texas.

enCore discovers three new uranium roll fronts in Texas

enCore Energy has identified three new uranium roll fronts at its Alta Mesa project, with ongoing drilling aimed at defining their extent and accelerating development work.
en_1140151029540

Nextracker and T1 Energy partner to produce US-made steel solar frames

Nextracker will supply steel frames for solar modules to T1 Energy in a multi-year deal worth over $75mn, aiming to strengthen the local solar supply chain and reduce dependence on imported aluminium.

Three Crown expands horizontal drilling programme in the Powder River Basin

Three Crown Petroleum has started production from its Irvine 1NH well and plans two new wells in Wyoming, marking a notable acceleration of its deployment programme in the Powder River Basin through 2026.

Geronimo Power begins construction of 150 MW Bee Hollow solar park in Illinois

Geronimo Power has started construction on the Bee Hollow solar park in St. Clair County, a 150 MW project expected to generate $54mn in direct economic impact for the region.
en_1140151046540

IMF forecasts oil to fall to $68 in 2025 amid tariff-driven slowdown

The International Monetary Fund expects oil prices to weaken due to sluggish global demand growth and the impact of US trade policies.

Eversource records $75mn charge after revised offshore wind liabilities

Eversource Energy posts a one-time $75mn charge linked to unforeseen costs in the Revolution Wind project, while tightening its 2025 earnings forecast.

US conservatives push legal shield for oil industry amid climate lawsuits

With lawsuits multiplying against oil majors, Republican lawmakers are seeking to establish federal immunity to block legal actions tied to environmental damage.
en_1140151045540

Greenflash acquires 200 MW storage project in Texas from Advanced Power

Greenflash Infrastructure has acquired a 200 MW standalone storage project in Texas, marking a strategic asset transfer aimed at reinforcing local grid reliability.

Radiant invests $280mn in a microreactor factory in Oak Ridge

California-based Radiant will build its first microreactor production facility in Oak Ridge, on a former Manhattan Project site, with production targeted at 50 units per year by 2028.

France: Sébastien Lecornu wants to review public funding for renewable energy

Prime Minister Sébastien Lecornu announced a review of public funding for renewable energy, without changing national targets, to avoid rent-seeking effects and better regulate the use of public funds.
en_1140151032540

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.

The biofuels sector rejects a tax increase deemed brutal

French biofuel stakeholders denounce a tax hike on B100 and E85 announced in the 2026 draft budget, which they say threatens their income and the industrial balance of local areas.

TotalEnergies invests €4.5bn in offshore wind farm off the coast of Normandy

TotalEnergies and RWE secure the Centre Manche 2 contract, France’s largest offshore wind project to date, with an estimated investment of €4.5bn ($4.82bn).

Washington to return $13bn in unobligated energy transition funds

The U.S. Department of Energy will return more than $13bn in unspent funds originally allocated to climate initiatives, in line with the Trump administration’s new budget policy.

Dispute escalates between MOL and Janaf over Adriatic pipeline’s supply capacity

A technical dispute between Hungarian group MOL and Croatian operator Janaf raises doubts about the Adriatic pipeline's ability to supply oil to Hungary and Slovakia.
en_1140240944540-2

US crude oil stocks fall by 600,000 barrels, surprising the market

Commercial crude inventories in the United States declined unexpectedly, as analysts had forecast an increase, amid rising imports and falling exports.

Brussels prepares tariffs on Russian oil imported by Hungary and Slovakia

The European Commission is considering targeted tariffs on Russian oil imports still allowed in Hungary and Slovakia, in an effort to bypass existing exemptions.

Iran signs agreement with Rosatom to develop small modular reactors

Iran and Russia have signed a memorandum of understanding for the design and construction of small modular nuclear reactors, strengthening their cooperation in the field of civilian nuclear energy.
en_1140240943540-2

Iberdrola plans €58 billion investment to boost growth by 2028

Iberdrola plans to invest EUR58bn ($61.83bn) by 2028, targeting a net profit of EUR7.6bn ($8.10bn), focusing on power grids and key markets such as the United Kingdom and the United States.

BayWa r.e. commissions 47 MWp solar park in France for Commerz Real

The Amance solar park, now owned by Commerz Real’s Klimavest fund, has entered production with a capacity of 47 MWp, confirming the investor’s strategy in the French market.

Wood Mackenzie partners with Novi to strengthen analysis of 4.4 million Lower 48 wells

Wood Mackenzie has entered into a strategic partnership with Novi Labs to integrate proprietary well-level production data and advanced lease-to-well algorithms into its Lens Lower 48 solution, covering more than 20% of global oil and gas supply.
en_1140240943540

Frontier launches full-scale carbon management platform for the ethanol sector

Frontier Infrastructure, in partnership with Gevo and Verity, rolls out an integrated solution combining rail transport, permanent sequestration, and digital CO₂ tracking, targeting over 200 ethanol production sites in North America.

Boviet Solar increases its module production capacity to 3 GW in the United States

Boviet Solar expanded its Greenville plant with a third production line, raising its annual photovoltaic module capacity to 3 GW as part of an industrial investment exceeding $400mn.

OCI Energy secures construction financing for 480 MWh battery in Texas

OCI Energy has finalised construction financing with ING for the Alamo City project, a 480 MWh battery to be operated by CPS Energy from 2027 in Bexar County, Texas.
en_1140240931540

Oklo begins construction of its first Aurora fast reactor in the United States

Nuclear company Oklo has officially broken ground on its Aurora-INL reactor in Idaho, marking a concrete step toward the commercial deployment of a sodium-cooled fast reactor.

TETRA triples bromine resources and identifies magnesium in Arkansas

TETRA Technologies announces a sharp increase in mineral resources in Arkansas, including bromine, lithium, and for the first time magnesium and manganese, across its 40,000 acres of brine concessions.

Sempra sells 45% of infrastructure subsidiary for $10bn and refocuses on utilities

Sempra divests a majority stake in Sempra Infrastructure Partners to a consortium led by KKR for $10bn, valuing the entity at $31.7bn, while launching phase 2 of the Port Arthur LNG terminal for $14bn.
en_1140240928540

LanzaJet and KMG launch engineering phase of Kazakhstan’s first SAF project

LanzaJet and state-owned KazMunayGas have reached a decisive milestone towards building Kazakhstan’s first sustainable aviation fuel plant, with the immediate start of the engineering phase.

Trump threatens IEA with withdrawal if anti-oil stance is not revised

Under pressure from Washington, the International Energy Agency reintroduces a pro-fossil scenario in its report, marking a shift in its direction amid rising tensions with the Trump administration.

Schneider Electric equips 24 industrial sites with solar energy through GreenYellow in France

Schneider Electric partners with GreenYellow to solarise 24 industrial sites in France, reaching an installed capacity of 16.9 MWp as part of a large-scale self-consumption energy programme.
en_1140240933540

France: Urbasolar commissions 10 MWc solar park on former military site

The new solar park in Amilly, Loiret, redevelops nine hectares of former military land and now generates electricity for over 5,500 people.

Storengy secures three key permits for underground hydrogen storage in northeastern France

Storengy strengthens its footprint in the Grand Est region with two new exploration permits, expanding its research programme on underground hydrogen storage.