Saudi Arabia

Empower New Energy signs major industrial solar deal in Tunisia

Norwegian developer Empower New Energy expands in North Africa with a strategic partnership involving ten industrial solar sites for self-consumption in Tunisia.

Japanese LNG buyers accelerate flexible trading amid falling domestic demand

Faced with declining domestic consumption, Japanese liquefied natural gas (LNG) importers are ramping up commercial optimisation strategies and favouring shorter contracts to protect profitability.

Deep Isolation urges US states to include nuclear waste in reactor strategy

Deep Isolation is calling on First Mover States to incorporate radioactive waste management into their joint strategy to ensure the industrial viability of new nuclear reactors.
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Low attendance of world leaders at COP30 despite climate and logistical urgency

The COP30 conference hosted in the Amazon by Brazil faces low participation from global leaders, amid geopolitical tensions and major logistical challenges.

Hydrogen injected into national grid: Centrica and National Gas reach key milestone

The United Kingdom has carried out its first real-life trial of green hydrogen blending into the national gas transmission network, with power generation as a result.

Infinis secures £391mn funding to accelerate renewable energy portfolio expansion

UK power producer Infinis has secured a £391mn ($476mn) banking agreement to support the next phase of its solar and energy storage development projects.
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Europe’s gas: summer storage sets a floor under TTF

European inventories curbed price declines as liquefied natural gas (LNG) supply expands and demand stays weak. Cargo arbitrage favours Europe, but winter will determine the equilibrium level. —

Moeve joins Shell’s Avelia platform to scale sustainable aviation fuel supply

Spanish producer Moeve becomes the first external SAF supplier to join Shell’s blockchain-based platform designed to expand low-emission jet fuel adoption.

Costain secures £1bn contract for Sellafield infrastructure works

Costain has been selected to upgrade essential utilities at the Sellafield nuclear site under a contract worth up to £1bn over fifteen years.
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Midad Energy signs $5.4bn contract with Sonatrach in Algeria

Sonatrach and Midad Energy North Africa signed a production-sharing hydrocarbon contract in the Illizi South perimeter, involving a total investment estimated at $5.4bn for exploration and exploitation of the site.

Global energy demand rises by 40 million barrels of oil equivalent per day

Aramco CEO Amin Nasser warns of growing consumption still dominated by hydrocarbons, despite massive global energy transition investments.

Unipec redirects supertanker to Ningbo after US sanctions

The New Vista vessel, loaded with Abu Dhabi crude, avoided Rizhao port after the United States sanctioned the oil terminal partly operated by a Sinopec subsidiary.
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OPEC maintains demand forecast and lowers expected 2026 deficit

OPEC confirms its global oil demand growth forecasts and anticipates a much smaller deficit for 2026, due to increased production from OPEC+ members.

IsoEnergy acquires Toro Energy for $49mn, creating global uranium platform

Canada’s IsoEnergy will acquire Australia’s Toro Energy for AUD75mn ($49mn), creating a diversified uranium production platform with assets across Australia, Canada and the United States.

JP Morgan Chase commits $1.5 trillion to critical minerals and industrial resilience

JP Morgan Chase has launched a $1.5 trillion, ten-year investment initiative targeting critical minerals, defence technologies and strategic supply chains across the United States.
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Sizewell C signs two major contracts for nuclear fuel supply

The upcoming Sizewell C nuclear power plant secures its fuel supply through agreements signed with Urenco and Framatome, marking a key step in strengthening the United Kingdom’s long-term energy stability.

Eolian and Natixis close $463mn financing for largest storage project in Texas

The Padua Complex will deliver 400 MW/1.8 GWh capacity with Tesla's support, at a strategic node of the Texas grid, following legislative action to strengthen energy reliability.

Salt River Project launches 50 MWh storage pilot with ESS in Arizona

Salt River Project will partner with ESS to install a 50 MWh long-duration energy storage system in Pinal County as part of its capacity expansion plan to meet rising demand.
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Croatia targets Russian stake in NIS to maintain oil flows

JANAF is interested in acquiring a 20 to 25% stake in NIS, as the Russian-owned share is now subject to US sanctions.

Venture Global sinks 20% after legal defeat to BP over LNG contract dispute

US LNG producer Venture Global saw its market value drop sharply after an arbitral ruling in favour of BP reignited concerns over ongoing contractual disputes tied to the Calcasieu Pass project.

Commonwealth LNG secures final non-FTA export authorization

Commonwealth LNG’s Louisiana liquefied natural gas project clears a decisive regulatory step with final approval from the U.S. Department of Energy for exports to non-free trade agreement countries.

EDF extends two nuclear reactors in the United Kingdom until March 2028

EDF extends the operation of Heysham 1 and Hartlepool by one year after favourable safety inspections, ensuring continuity of nuclear production and safeguarding more than 1,000 jobs.

Global solar capacity jumps to 380 GW in first half of 2025

New solar installations rose 64% year-on-year, driven by China, which accounted for more than two-thirds of global deployed capacity.
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Dangote refinery delivers first gasoline cargo to the United States

Nigeria’s Dangote refinery shipped 300,000 barrels of gasoline to the United States in late August, opening a new commercial route for its fuel exports.

Five US coastal states challenge Trump over offshore wind projects

The governors of five states urged the Trump administration to maintain permits for threatened offshore wind projects, citing massive investments and jobs at stake in a nascent industry.

Dozens of scientists denounce climate report deemed biased by US Department of Energy

A group of 85 researchers challenges the scientific validity of the climate report released by the US Department of Energy, citing partial methods and the absence of independent peer review.
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Aramco and SOMO suspend crude supplies to India’s Nayara Energy

Saudi and Iraqi exporters halted supplies to Nayara Energy, forcing the Rosneft-controlled Indian refiner to rely solely on Russian crude in August.

ACWA Power commits to study 2,500 MW of energy projects in Syria

ACWA Power has signed an agreement with the Syrian Ministry of Energy to assess up to 2,500 MW of solar, wind and storage projects, along with a technical audit of the national grid and existing infrastructure.

BW Offshore selected by Equinor for Bay du Nord FPSO development

BW Offshore has been chosen by Equinor to supply the FPSO unit for Canada’s Bay du Nord project, marking a key milestone in the advancement of this deepwater oil development.
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Equinor injects up to $939mn to support Ørsted’s capital increase

Equinor confirms its participation in Ørsted’s capital increase, aiming to maintain its 10% stake and support the financial stability of the Danish group facing headwinds in offshore wind.

Global renewable energy investments reach $386 billion in first half

Driven by distributed solar and offshore wind, renewable energy investments rose 10% year-on-year despite falling financing for large-scale projects.

Norway launches assessment process for two nuclear projects

Norwegian authorities begin the first regulatory phase for two modular nuclear reactor projects, marking a strategic step in the national review of the potential role of nuclear energy in the country’s power mix.
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Kuwait launches tenders for 1.8GW energy and water project

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.

India defends Russian oil purchases amid Western criticism

India’s oil minister says Russian crude imports comply with international norms, as the United States and European Union impose new sanctions.

India accelerates its nuclear program to join the global top 5

With eleven reactors under construction and major projects such as Jaitapur, India is preparing a nuclear build-up that could place it among the world’s five leading nations in the sector.
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Australian Oilseeds granted a reprieve from Nasdaq to meet equity threshold

Australian Oilseeds Holdings was granted a deadline extension until 30 September to comply with the Nasdaq’s equity requirements, avoiding immediate delisting from the exchange.

Fermi America raises $350mn for its energy project dedicated to artificial intelligence

Fermi America has closed $350mn in financing led by Macquarie to accelerate the development of its HyperGrid™ energy campus, focused on artificial intelligence and high-performance data applications.

Putin and Pezeshkian to discuss Iranian nuclear program under European pressure

Russia and Iran seek to strengthen their nuclear cooperation as the E3 activates the sanctions mechanism against Tehran, reigniting tensions over compliance with the 2015 Vienna agreement.
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United States clears Rio Grande and Commonwealth LNG toward final decisions

U.S. regulators have approved two major milestones for Rio Grande LNG and Commonwealth LNG, clarifying their investment decision timelines and reinforcing the country’s role in expanding global liquefaction capacity.

Piedmont Lithium and Sayona complete merger to create Elevra Lithium

Piedmont Lithium has completed its merger with Sayona Mining, giving birth to Elevra Lithium, a new mining group focused on hard-rock lithium with an expanded presence in North America and Australia.