Saudi Arabia

SOCAR delivers 22 fuel wagons to Armenia via Georgia in unprecedented logistical test

A train carrying over 1,200 tonnes of gasoline produced in Azerbaijan entered Armenia on December 19, marking the first commercial operation since recent conflicts, with concrete implications for regional transit.

Lhyfe expects EUR10mn revenue in 2025 and cuts costs from 2026

Lhyfe aims to double its revenue next year, refocuses industrial priorities and plans a 30% cost reduction starting in 2026 to accelerate profitability.

The French government asks RTE to maintain the THT line project to Fos

The government confirms the continuation of the high-voltage line construction to Fos-Berre, despite criticism from the public debate and local tensions regarding environmental and economic impacts.
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Mundi Énergies launches twenty renewable energy hubs in Canada with Haffner Energy

Mundi Énergies partners with Haffner Energy to create a network of twenty multi-energy hubs in Quebec, using residual biomass to produce renewable gas and strengthen Canada’s energy independence.

Newcleo launches European safeguards process for lead-cooled modular reactor

French nuclear reactor developer Newcleo has submitted its lead-cooled small modular reactor design to Euratom, initiating the first regulatory phase to integrate nuclear non-proliferation safeguards at the European level.

EDF raises cost estimate for six new nuclear reactors to €72.8 billion

French state utility EDF has increased the maximum estimated cost for building six new nuclear reactors to €72.8 billion ($85.29 billion), representing a 40% rise over the original figure.
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France postpones publication of energy roadmap to 2026

The government has postponed the release of the new Multiannual Energy Programme to early 2026, delayed by political tensions over the balance between nuclear and renewables.

France: the Council of State bans coalbed methane exploitation in Lorraine

The Council of State has cancelled the authorisation to exploit coalbed methane in Lorraine, citing risks to the region's main aquifer and bringing an end to a legal battle that began over a decade ago.

Technique Solaire secures €40mn junior debt to support 392 MWp in projects

Technique Solaire has secured €40mn ($43.5mn) in junior debt from BNP Paribas Asset Management to structure two solar portfolios totalling 392 MWp across France, Spain and the Netherlands.
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Neoen wins 124 MWp in solar projects in latest French government tender

Independent power producer Neoen has secured six agrivoltaic projects totalling 124 MWp, reinforcing its position as the leading winner in French solar tenders since 2021.

TOPCon 4.0 vs HJT: the financial trade-off in the solar sector in 2026

As the photovoltaic industry enters a phase of deep restructuring, the duel between TOPCon 4.0 and heterojunction technologies is redefining manufacturers’ margins. In 2026, reducing production costs becomes the primary strategic lever for global market leaders.

Saudi Arabia connects 7.8 GWh energy storage project to the grid

The world's largest battery energy storage system enters service in Saudi Arabia, with an annual capacity of 2.2 billion kWh spread across three strategic sites in the southwest of the country.
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BayWa r.e. sells 46 MW floating solar project in the Netherlands

BayWa r.e. has finalised the sale of a 46 MW floating solar park, the country’s largest, to a Dutch public-local consortium, marking a new step in the decentralised structuring of the solar market in the Netherlands.

Israel seals a €30 billion gas contract with Egypt

An agreement announced on December 17, 2025 provides for twenty years of deliveries through 2040. The package amounts to 112 billion new Israeli shekels (Israeli shekels) (NIS), with flows intended to support Egyptian gas supply and Israeli public revenues.

Egypt launches $220mn solar complex in the Suez Canal zone

The ATUM Solar industrial complex, located in Ain Sokhna, will include three factories—two of 2 GW capacity—backed by a $220mn investment from an international consortium.
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Gasunie and Thyssengas to link Dutch and German hydrogen networks

Gasunie and Thyssengas have signed an agreement to convert existing gas pipelines into hydrogen conduits between the Netherlands and Germany, facilitating integration of Dutch ports with German industrial regions.

Dalkia wins €15bn contract to manage Paris heating network until 2050

The Paris Council awards a €15bn, 25-year contract to Dalkia, a subsidiary of EDF, to operate the capital’s heating network, replacing long-time operator Engie amid political tensions ahead of municipal elections.

China channels public investment into hydrogen to consolidate industrial dominance

The inclusion of hydrogen in China’s 15th Five-Year Plan confirms a public investment strategy focused on cost reduction, domestic demand stimulation and geo-economic influence across global markets.
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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.

COP30 opens in tension as negotiations fail on initial agenda

COP30 begins in Belém under uncertainty, as countries fail to agree on key discussion topics, highlighting deep divisions over climate finance and the global energy transition.

Framatome launches dedicated line for military nuclear propulsion in Jeumont

Framatome and the French Alternative Energies and Atomic Energy Commission have commissioned a specialised industrial line in Jeumont for the manufacturing of nuclear components used in French Navy vessels.

Orano, Navoiyuran and ITOCHU launch uranium mining at South Djengeldi site

The Nurlikum Mining joint venture enters a new industrial phase with the launch of the South Djengeldi project, targeting annual production of 500 tonnes of uranium over ten years in Uzbekistan.

France: The Senate wants to include dam reform in the energy planning bill

The Senate's economic affairs committee recommends including the reform of the legal framework for dams in the upcoming energy bill to avoid competitive tendering, following a principle agreement between Paris and Brussels.
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French Academy of Sciences warns of economic risks linked to solar geoengineering

The French Academy of Sciences calls for a global ban on solar radiation modification, citing major risks to climate stability and the world economy.

CVE invests €19.7mn in its first methanisation unit in Occitanie

Energy producer CVE Biogaz launches a facility in Tarn capable of processing 21,500 tonnes of biowaste per year to produce biomethane injected into the local gas network.

TotalEnergies and EDF consider strategic alliance in offshore wind in the Channel

TotalEnergies could bring EDF into the Centre Manche 2 offshore wind project after RWE’s planned withdrawal, strengthening the industrial and financial prospects of the two neighboring parks scheduled for 2032.
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Project InnerSpace unveils GeoMap in the Middle East with 14,000 GW geothermal potential

The new GeoMap tool identifies vast geothermal potential in the Middle East, notably for urban cooling, long-duration storage, and large-scale power generation.

J&F Investimentos targets EDF’s thermal plant amid Brazil’s booming energy M&A

Brazilian holding J&F Investimentos is in talks to acquire EDF’s Norte Fluminense thermal plant, valued up to BRL2bn ($374 million), as energy-related M&A activity surges across the country.

OPEC+ prepares new production hike amid rift between Riyadh and Moscow

Eight OPEC+ countries are set to increase oil output from November, as Saudi Arabia and Russia debate the scale of the hike amid rising competition for market share.
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Hungary secures 10-year LNG contract with Engie through 2038

Hungary has signed a ten-year agreement with Engie for the annual import of 400 mn m³ of liquefied natural gas starting in 2028, reinforcing its energy diversification strategy despite its ongoing reliance on Russian gas.

Putin denounces “piracy” after tanker seized off French coast

Vladimir Putin responded to the interception of a tanker suspected of belonging to the Russian shadow fleet, calling the French operation “piracy” and denying any direct Russian involvement.

Macron urges Europe to act against Russian shadow fleet after offshore seizure

France intercepted a tanker linked to Russian exports, prompting Emmanuel Macron to call for a coordinated European response to hinder vessels bypassing oil sanctions.
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Russian oil tanker Boracay resumes voyage after being seized by France

After being intercepted by the French navy, the Boracay oil tanker, linked to Russia's shadow fleet, left Saint-Nazaire with its oil cargo, reigniting tensions over Moscow’s circumvention of European sanctions.

Fluxys declares force majeure at Dunkirk, disrupting LNG deliveries

The Dunkirk LNG terminal, the second largest in continental Europe, is seeing reduced capacity due to a nationwide strike disrupting all French LNG infrastructure.

TotalEnergies sells Norwegian oil assets to Vår Energi to reduce debt

TotalEnergies has reached a deal to sell mature offshore oil fields in the North Sea to Vår Energi as part of a $3.5bn divestment plan aimed at easing its rising debt.
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Kandla launches green methanol project to capture flows between Singapore and Rotterdam

Kandla port plans a 150,000-ton-per-year integrated renewable methanol unit, targeting the growing fleet of compliant vessels on the Singapore-Rotterdam maritime route.

Orano wins legal case in uranium dispute over Somaïr site

An international tribunal ruled in favour of French company Orano against the State of Niger, which had blocked the sale of uranium extracted from the Arlit mine since taking control of the site in 2023.

SIG launches €1.6mn fundraising for 12 solar projects in Italy

Sun Investment Group has launched a crowdfunding campaign with Enerfip to raise up to €1.6mn ($1.7mn) to support the development of twelve photovoltaic plants in Italy totalling 113 MW.
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France, Spain and Portugal seek to speed up electricity interconnectors

The three countries will hold a meeting in October to unlock interconnector projects, following a major blackout that exposed the fragility of the Iberian Peninsula’s electricity integration.

Boralex launches energy support programme for residents near its power plants

Boralex rolls out an energy assistance scheme for residents near its wind and solar farms, with a pilot project launched in two communes in Haute-Loire.