Romania

EDF finalises Sizewell C funding with two major public loans

The UK’s Sizewell C project reaches a key milestone with a financing boost from EDF, including a loan guaranteed by Bpifrance and backing from the National Wealth Fund, with an estimated total cost of GBP38bn ($48.19bn).

Norway: Rejection of Wind Farm Project in Protected Sami Area

Norway's energy regulator has rejected an application to build a wind farm in the northern Finnmark region due to potential environmental impacts and threats to Indigenous Sami culture.

Ørsted sells 50% of Hornsea 3 project to Apollo for DKK 39 billion

Danish Ørsted has signed an agreement with Apollo to sell a 50% stake in its Hornsea 3 offshore wind farm in the UK, in a strategic transaction valued at approximately DKK 39 billion ($5.43bn).
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TotalEnergies provides 610 GWh of renewable electricity to Data4 for its data centers in Spain

TotalEnergies has signed a ten-year agreement with Data4 to supply its Spanish data centers with renewable electricity, with a total volume of 610 GWh starting from January 2026. The agreement relies on a 30 MW capacity.

BP multiplies its net profit by five in the third quarter despite lower prices

BP reported a net profit of $1.16 billion in the third quarter, five times higher than in 2024, thanks to strong results in refining and distribution, despite a decline in oil prices.

EDF gets go-ahead for Hinkley Point B decommissioning

The UK's Office for Nuclear Regulation has granted formal consent to EDF Energy to decommission the Hinkley Point B nuclear power plant in Somerset, England, following its permanent shutdown in August 2022.
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Shell launches a large debt exchange offer for $8.4 billion of dollar-denominated bonds

Shell restructures six series of bonds through an exchange offer, migrating them to its U.S. subsidiary to optimize its capital structure and align its debt with its U.S. operations.

CNAT requests a three-year extension for Almaraz I and II

Centrales Nucleares Almaraz-Trillo has officially requested the extension of operations for reactors Almaraz I and II until 2030, challenging the original timeline for the shutdown of Spain’s nuclear fleet.

bp divests non-controlling interests in US onshore midstream assets for $1.5 billion

BP sells non-controlling stakes in its Permian and Eagle Ford midstream infrastructure to Sixth Street for $1.5 billion while retaining operational control.
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EU bans Russian LNG, Arctic bottlenecks and clauses under strain

The gradual ban on Russian cargoes reshapes European flows, increases winter detours via the Northern Sea Route and shifts risk toward force majeure and “change of law,” despite rising global capacity. —

Eos Energy secures 228 MWh strategic order from Frontier Power

Eos Energy and Frontier Power strengthen their collaboration with a major first order under a 5 GWh framework agreement to deploy long-duration storage systems across multiple energy markets.

Amentum secures key contracts under £1.4bn Sellafield nuclear programme

US-based Amentum has secured strategic roles on a 15-year decommissioning framework in the United Kingdom, potentially worth up to £1.4bn ($1.9bn), through multiple projects at the Sellafield site.
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Vattenfall raises operating profit to SEK21.47mn amid nuclear repositioning

Swedish group Vattenfall improves its underlying operating result despite the end of exceptional effects, supported by nuclear and trading activities, in a context of strategic adjustment on European markets.

Siemens and RIC Energy join forces to accelerate renewable hydrogen in Spain

RIC Energy and Siemens have signed a strategic agreement to develop industrial projects in renewable hydrogen, sustainable aviation fuel, and green ammonia, focusing on two key sites in Spain.

United Kingdom stays on course for 2030 despite political divisions

The British government confirms its ambition to decarbonise the power sector by 2030, despite political criticism and concerns over consumer energy costs.
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Repsol posts 34% profit drop over nine months despite UK operations

The Spanish oil group reported a net profit of €1.18bn over the first nine months of 2025, hit by unstable markets, falling oil prices and a merger that increased its debt.

Shell posts higher quarterly profit and launches $3.5bn share buyback

The British group’s net profit rose 24% in Q3 to $5.32bn, supporting a new share repurchase programme despite continued pressure on crude prices.

TotalEnergies and Shell boost profits despite falling oil prices

Third-quarter results show strong resilience from European majors, supported by improved margins, increased production and extended share buyback programmes.
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Scatec cuts debt by 27% and reaches record 3,392 MW in projects

Scatec strengthened growth in the third quarter of 2025 with a significant debt reduction, a rising backlog and continued expansion in emerging markets.

Naturgy posts €1.67bn net profit and maintains full-year target

With a 5.6% increase in net profit over nine months, Naturgy expects to exceed €2bn in 2025, while launching a takeover bid for 10% of its capital and engaging in Spain’s nuclear debate.

Brussels renews push to end daylight saving time over energy inefficiency

The European Commission is reviving efforts to abolish daylight saving time, supported by several member states, as the energy savings from the practice are now considered negligible.

Island Green Power launches new consultation phase for 500MW UK solar project

Island Green Power opens a public consultation on design changes to its 500MW East Pye solar and battery storage project ahead of a permit application expected in early 2026.

Sintana Energy initiates legal process to acquire Challenger Energy

Sintana Energy has initiated legal proceedings in the Isle of Man to secure approval for its all-share acquisition of Challenger Energy, with support from over one-third of the target company’s shareholders.
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Qatar and the United States call on the European Union to ease sustainability rules

Doha and Washington warn Brussels about the consequences of EU sustainability requirements on liquefied natural gas exports, as the continent’s energy security remains under pressure.

Janta Power raises $5.5mn to deploy 3D solar towers on industrial sites

US-based developer Janta Power secures funding to expand its vertical photovoltaic towers across data centres, airports, charging stations and critical infrastructure.

Spain burns more gas after its blackout

Increased reliance on combined-cycle plants after the April 28 blackout pushed gas use for electricity up by about 37%, bringing total demand to 267.6 TWh and strengthening flows to France.
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Floating solar market to hit $3.39bn by 2030 driven by land scarcity

The global floating solar panel market could triple by 2030, supported by energy demand and favourable regulations, according to the latest double-digit annual growth forecasts.

Oxford Energy Institute Data Confirms the Dominance of Contrarian Strategies in Oil Trading

The Oxford Energy Institute study shows that signals from weekly positions and the Brent/WTI curve now favor contrarian strategies, in a market constrained by regulation and logistics affected by international sanctions. —

JERA Nex BP exits Beacon Wind project amid US market uncertainty

The joint venture between BP and JERA ends its offshore wind ambitions in the United States, citing an unfavourable economic and regulatory environment for continuing the development of the Beacon Wind project.
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The Netherlands plans to extend Borssele and creates legal framework for new reactors

The Dutch government is initiating legislative reform to extend the Borssele nuclear plant until 2054 and has formalised the creation of a public entity to develop two new reactors.

UK launches national plan to create 400,000 energy jobs by 2030

The United Kingdom unveils a structured plan to double clean energy jobs, backed by over £50 billion ($61.04bn) in private investment and the creation of new training centres across industrial regions.

Finland leads race to host first Nordic fusion reactor, report finds

A technical study commissioned by Novatron Fusion Group identifies Finland as the most prepared country to host a fusion reactor, despite favourable conditions across the Nordic region.
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Last Energy to install pilot microreactor at Texas A&M campus

US-based developer Last Energy will deploy its first domestic microreactor at Texas A&M-RELLIS, marking a strategic step in the advanced modular reactor race.

Aker BP and Halliburton complete first umbilical-less subsea tubing hanger installation

Halliburton and Aker BP have completed the first umbilical-less tubing hanger installation on the Norwegian continental shelf, paving the way for digitised offshore operations with reduced infrastructure.

SLB net income drops to $739mn despite revenue boost from ChampionX integration

Energy services provider SLB saw its net income fall by 38% year on year in Q3 2025, even as the integration of ChampionX helped lift revenue by 4% sequentially.
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Canada and the United Kingdom strengthen energy alliance around critical minerals

Ottawa and London increased bilateral exchanges to structure strategic cooperation on nuclear energy and critical minerals supply chains, as part of Canada’s G7 presidency.

End of JCPOA reignites uncertainty over Iran’s nuclear programme

The formal expiration of the 2015 nuclear deal with Iran comes as international sanctions have already been reinstated and diplomatic negotiations remain stalled.

United States secures postponement of carbon tax vote at the IMO

Under intense diplomatic pressure from Washington, member states of the International Maritime Organization agreed to postpone by one year the adoption of a carbon pricing mechanism for global maritime transport.
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Repsol deploys intelligent agent platform to automate workflows

Repsol has launched a pilot platform of AI multi-agents, developed with Accenture, to transform internal organisation and improve team productivity.

United Kingdom: gas volatility demands greater supply flexibility

Daily winter demand spikes are pushing Britain’s gas system to rely more on liquefied natural gas and fast-cycle storage, as domestic production and Norwegian imports reach seasonal plateaus with no room for short-term increases.