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Oklo secures key approval for upcoming nuclear fuel facility
The accelerated approval of the Aurora facility’s nuclear safety plan marks a strategic milestone in rebuilding a domestic nuclear fuel production line in the United States.
Natural Gas Services raises 2025 guidance after 14.6% increase in adjusted EBITDA
Natural Gas Services Group reported a strong third quarter, supported by fleet expansion and rising demand, leading to an upward revision of its full-year earnings outlook.

Morrison wins major Shell contract for oil facility in Louisiana

Shell Pipeline has awarded Morrison the construction of an elevated oil metering facility at Fourchon Junction, a strategic project to strengthen crude transport capacity in the Gulf of Mexico.
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IonQ partners with University of Chicago to build next-generation quantum platform
IonQ will deploy a quantum computer and entanglement distribution network at the University of Chicago, strengthening its technological presence within the Chicago Quantum Exchange and accelerating its product roadmap.
Delays in U.S. solar projects fall to 20% in Q3
The delay rate for large-scale photovoltaic projects in the United States fell to 20% in Q3 2025, down from 25% a year earlier, despite record growth in installed capacity in 2024.

Former minister Timipre Sylva wanted over alleged $14.8mn diversion in Nigeria

An arrest warrant has been issued against Timipre Sylva over the alleged diversion of public funds intended for a modular refinery. This new case further undermines governance in Nigeria’s oil sector.
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India turns to Angolan oil to bypass Russian constraints
India boosts crude imports from Angola amid tightening U.S. sanctions on Russia, seeking low-risk legal diversification as scrutiny over cargo origins increases.
Tata Power to produce 10 GW of wafers to dominate India’s solar upstream
Tata Power is preparing a 10 GW ingot and wafer facility to consolidate its domestic solar chain, secure supplies, and capture PLI incentives ahead of 2026 local content mandates.

Adani Group invests in a mega battery storage project in Khavda

Adani Group launches a 1126 MW project in Khavda, marking its first entry into energy storage, with one of the largest BESS systems ever built at a single site.
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Plug Power raises $275mn to fund pivot toward data center market
Plug Power plans to generate $275mn by divesting assets and reallocating investments to the data center market, as part of a strategy focused on returns and financial discipline.
VoltaGrid raises $5.0bn to deploy 4.3 GW of capacity by 2028
Texas-based energy solutions provider VoltaGrid secures record mixed financing to expand its decentralised power generation portfolio, primarily targeting hyperscale data centres.

Enveniam appointed lead integrator for LIST Technologies’ laser uranium enrichment project

US-based Enveniam has signed an agreement with LIS Technologies Inc. to oversee the design and construction of a new laser-based uranium enrichment facility on American soil.
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Chevron strengthens post-Hess strategy and reassures markets on growth
In New York, Chevron outlines its long-term vision following the Hess integration, focusing on financial stability, spending reduction, and record production to consolidate investor confidence.
Newcleo considers shifting €16bn nuclear projects from the UK to the United States
Faced with shorter approval timelines, several European nuclear firms, including Newcleo, Orano and Urenco, are considering relocating key industrial investments to the United States.

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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Electricity shortage threatens AI ambitions of American tech giants
Facing surging computing needs, US tech leaders are hitting an energy wall that slows down data centre construction and revives demand for gas and coal.
Quino Energy raises $16mn to industrialise organic electrolytes for flow batteries
Quino Energy secures $16mn in funding to scale global production of its organic electrolytes, with strategic support from investor Atri Energy Transition.

India and Russia strengthen nuclear cooperation with new projects

Russia and India are preparing an expanded agreement for the construction of VVER-1200 reactors and modular nuclear power plants, while accelerating work at the strategic Kudankulam site.
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Jinhong Gas invests in Spain with a strategic cryogenic unit
Chinese group Jinhong Gas finalises a new industrial investment in Spain, marking its first European establishment and strengthening its global strategy in the industrial gas sector.
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.
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Vikram Solar opens 5 GW plant in Vallam, reaches 9.5 GW capacity
Sunsure Energy signs long-term solar agreement with Bisleri in India
InCommodities signs 15-year storage deal with AMPYR in Australia
South Africa inaugurates transmission station to integrate 900 MW of renewables
Aksa Enerji to build 119 MW thermal power plant in Burkina Faso
Intuitive Machines awarded USD8.2mn for testing space nuclear system
US company Intuitive Machines has secured an additional contract to develop compact nuclear technology for lunar missions and extended space infrastructure.
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.

China cancels VAT rebate and reshapes the global solar market

China's decision to cancel the 13% VAT rebate on photovoltaic module exports triggers a sharp price adjustment and reshapes a market under pressure for the past two years.
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Two SANAD Drilling Rigs to Resume Operations in Saudi Arabia by Mid-2026
The SANAD drilling joint venture will resume operations with two suspended rigs, expected to restart in March and June 2026, with contract extensions equal to the suspension period.
Oman LNG renews its two-decade industrial partnership with Baker Hughes
Oman LNG has renewed its long-term services agreement with Baker Hughes, including the creation of a local digital center dedicated to monitoring natural gas liquefaction production equipment.

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. —
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Chevron outperforms despite 21% drop in quarterly profit
The US oil giant beat market forecasts in the third quarter, despite declining results and a context marked by falling hydrocarbon prices.
ExxonMobil hit by falling prices despite record output in Guyana
The American oil major saw its revenue decline in the third quarter, affected by lower crude prices and refining margins, despite record volumes in Guyana and the Permian Basin.

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.
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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.
The UN validates an Article 6.4 methodology for landfill methane
The Paris Agreement Crediting Mechanism formalizes a landfill-methane methodology, imposes an investment-based additionality test, and governs issuance of traceable units via a central registry, with host-country authorizations and corresponding adjustments required.

SLB OneSubsea secures two EPC contracts for deepwater projects in Malaysia

SLB OneSubsea has signed two EPC contracts with PTTEP to equip multiple deepwater gas and oil fields offshore Malaysia, extending a two-decade collaboration between the companies.
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Dominion Energy raises third-quarter 2025 earnings guidance on stronger results
Dominion Energy reported net income of $1.0bn in Q3 2025, supported by solid operational performance and a revised annual outlook.
CPV secures $1.1bn funding for 1,350 MW gas-fired power plant in Texas
US-based CPV will build a 1,350 MW combined-cycle natural gas power plant in the Permian Basin with a $1.1bn loan from the Texas Energy Fund.

Zelestra secures $60mn tax equity financing for Jasper solar power plant

Zelestra has closed a $60mn tax equity deal with Stonehenge Capital to support its 81 MW solar project in Indiana, set to become operational in Q4 2025.
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Appalachia ramps up production: TETCO M2 basis firms, MVP advances
Producers bring volumes back after targeted reductions, taking advantage of a less discounted basis, expanding outbound capacity and rising seasonal demand, while liquefied natural gas (LNG) exports absorb surplus and support regional differentials.
Plug Power to supply up to 2 GW of electrolyzers to Allied Biofuels in Uzbekistan
Plug Power has signed a supply agreement with Allied Biofuels to equip a sustainable fuel production site in Uzbekistan, bringing total contracted capacity with Allied partners to 5 GW.

Matador secures transport for 500,000 MMBtu/d of natural gas to the Gulf Coast

Matador Resources signs multiple strategic transportation agreements to reduce exposure to the Waha Hub and access Gulf Coast and California markets.
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G7 launches over 20 projects to counter Chinese influence on critical minerals
Meeting in Canada, G7 energy ministers unveiled a series of projects aimed at securing supply chains for critical minerals, in response to China’s restrictions on rare earth exports.
Washington invests $100mn to modernise coal plants as exports drop 11%
US coal exports fell 11% in the first half of 2025, prompting the Trump administration to commit $100mn to upgrade domestic power plants and support the national energy sector.
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