The European Commission is preparing a new sanctions package including an accelerated ban on Russian liquefied natural gas, with negotiations already underway among member states.
Port congestion in Australia has boosted Russian and Indonesian coal exports to South Korea, with both now dominating the market due to lower prices and reliable delivery schedules.
A new analysis estimates that existing oil fields could yield up to 1,000 billion additional barrels without major new discoveries, using proven methods supported by artificial intelligence.
Russian producer Novatek rerouted part of its gas condensate output to the port of Novorossiisk, following a temporary shutdown at its Ust-Luga complex after a drone attack caused a fire.
KazMunayGas has resumed oil shipments to Turkey through the Baku-Tbilisi-Ceyhan pipeline, following a stoppage due to a contamination issue resolved at the Aktau terminal.
Poland’s energy minister calls on European Union member states to collectively commit to halting Russian oil purchases within two years, citing increasing geopolitical risks.
The European Commission and the United States plan to intensify their economic measures against Russia, targeting the energy sector and cryptocurrencies in a new sanctions package.
The consortium led by Adnoc ends its acquisition plans for Santos, the Australian liquefied natural gas supplier, citing commercial and contractual factors that impacted the evaluation of its offer.
European powers demand concrete steps from Tehran on nuclear issue or United Nations sanctions will be reinstated, as IAEA inspections remain blocked and tensions with Washington persist.
Elcogen opens a 14,000 m² facility near Tallinn, increasing annual capacity to 360 MW for Solid Oxide fuel cells and electrolysers, with backing from Baker Hughes and HD Hyundai.
Russia and Indonesia overtook Australia as South Korea's top thermal coal suppliers in August, driven by lower prices and more reliable logistics amid persistent Australian shipment delays.
A Ukrainian national arrested in Italy will be extradited to Germany, where he is suspected of coordinating the 2022 attack on the Nord Stream 1 and 2 gas pipelines in the Baltic Sea.
Cairo has concluded three new exploration agreements with Apache, Dragon Oil and Perenco, for a total investment of over $121mn, as national gas output continues to decline.
ACWA Power secures the NOOR Midelt 2 and 3 solar-storage project in Morocco, outbidding European and Emirati competitors, with decisive backing from Gotion High-Tech’s storage technology.
The Iris carrier, part of the Arctic LNG 2 project, docked at China’s Beihai terminal despite US and EU sanctions, signalling intensifying gas flows between Russia and China.
Turbo Energy has secured a 366MWh contract to equip ten industrial sites in Spain with energy storage systems and a smart management platform, valued at approximately $53mn.
Canadian crude shipments from the Pacific Coast reached 13.7 million barrels in August, driven by a notable increase in deliveries to China and a drop in flows to the US Gulf Coast.
The accelerated arrival of Russian cargoes in China has lowered Asian spot LNG prices, but traffic is set to slow with the seasonal closure of the Northern Sea Route.
President Lee Jae-myung adopts an energy diplomacy rooted in national interest, amid a complex international landscape of rivalries that could create challenging situations for the country and its energy businesses.
The European Union selects 13 critical materials extraction projects, including a site in Greenland, to secure strategic supplies essential for technological and energy industries, amidst global geopolitical risks.
Czech court authorizes major $18 billion nuclear project, allowing Korea Hydro & Nuclear Power to proceed with the construction of a controversial power plant despite legal challenges.
The Democratic Republic of Congo is set to replace its temporary ban on cobalt hydroxide exports with quotas, aiming to balance global demand, secure revenue, and stabilize market fluctuations.
The Trump administration is seeking Asian partners to advance a $44 billion Alaska pipeline project aimed at exporting liquefied natural gas to the Indo-Pacific region.
Chinese lithium-ion battery maker CBAK Energy received a new $3mn order from India’s Livguard, bringing the total value of their agreements to $7.9mn.
New US tariff measures are driving up energy sector costs, with a particularly strong impact on storage and solar, according to a study by Wood Mackenzie.
Donald Trump firmly rejects any uranium enrichment by Iran, while Russia affirms Tehran’s right to civil nuclear power, intensifying tensions in negotiations over the Iranian nuclear program.
EDF and Korea Western Power signed an agreement to develop a 1.5-GW solar power plant in Abu Dhabi, following a tender for which sixteen entities had been prequalified.
Italy’s Ansaldo Energia signed a memorandum of understanding with Uzbekistan’s Uzatom agency to cooperate on advanced nuclear technologies, with a focus on small modular reactors.
Chinese group Envision Energy has signed a strategic agreement with Marubeni to supply green ammonia, marking a major milestone in energy trade between China and Japan.
AMEA Power has completed the commissioning of a 500MW wind power plant in Ras Ghareb, bringing its total deployed capacity in Egypt to 1GW within six months.
Gazprom increased its daily natural gas exports to Europe via the TurkStream subsea pipeline, reaching 46 million cubic metres per day in May, according to Reuters calculations.
Korea Hydro & Nuclear Power signed a 26-month contract to assess a site in Uganda’s Buyende region for its first nuclear reactor, in compliance with International Atomic Energy Agency standards.
EDF is challenging the legality of the nuclear contract awarded to KHNP, citing potential South Korean state support in violation of EU rules, leading to a temporary suspension of the Dukovany II project.
In the United States, the carbon black market faces unprecedented fluctuations in the first half of 2025, driven by declining industrial demand and persistent raw material volatility, casting doubts over the sector's future stability.
The Swedish government will implement new disclosure rules for foreign vessels, specifically targeting tankers linked to Russia’s hard-to-trace oil fleet.
The International Atomic Energy Agency revealed that Iran conducted undeclared nuclear activities at three sites, which could lead to a non-compliance resolution by mid-June.
Chinese supplier Arctech will equip a green hydrogen project in Duqm with 175 MWp of solar trackers, marking a milestone in the industrial energy development of Oman’s coastal region.
With 80% of its projects still in early stages, Australia struggles to realise its hydrogen ambitions, according to Wood Mackenzie, which warns of lost competitiveness against Europe and the Middle East.
