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.
Eneco takes over Prowind’s wind project development business in the Netherlands, adding 260 MW to its portfolio. Prowind refocuses on the German market, where demand is growing rapidly.
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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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.
Third-quarter results show strong resilience from European majors, supported by improved margins, increased production and extended share buyback programmes.
Thailand’s pending approval of transmission fees is holding back progress on an energy project linking Laos to Singapore via Malaysia, amid political uncertainty.
The termination of a strategic contract with Dutch grid operator TenneT triggered the administration of Petrofac’s holding company, reigniting tensions with creditors.
GE Vernova and YTL PowerSeraya will assess the feasibility of capturing 90% of CO₂ emissions at a planned 600-megawatt gas-fired power plant in Singapore.
Singapore strengthens its energy strategy through public investments in nuclear, regional electricity interconnections and gas infrastructure to secure its long-term supply.
The carrier uses mass balance and Book & Claim allocation to test demand, structure certified revenues, and prepare domestic capacity targeted for 2026 amid already intensifying regional competition.
A Wood Mackenzie study reveals that the EU’s carbon storage capacity will fall more than 40% short of the 2030 targets set under the Net Zero Industry Act.
A bilateral framework governs authorization, transfer and accounting of carbon units from conservation projects, with stricter methodologies and enhanced traceability, likely to affect creditable volumes, prices and contracts.
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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.
In Kuala Lumpur, Huawei Digital Power unveiled its grid-forming technologies, positioned as a strategic lever to strengthen power interconnections and accelerate energy market development across ASEAN.
The European Commission imposes new rules requiring proof of refined crude origin and excludes the use of mass-balancing to circumvent the Russian oil ban.
The Dutch Supreme Court has rejected Russia's final appeal, confirming a record $50bn compensation to former Yukos shareholders, ending two decades of legal battle.
Airlines for Europe warns of insufficient sustainable fuel production in Europe and requests a delay in regulatory obligations if the European Commission does not act swiftly.
Spanish gas infrastructure operator Enagás is in advanced talks to acquire the 32% stake held by Singapore’s sovereign wealth fund GIC in Terega, valued at around €600mn ($633mn), according to sources familiar with the matter.
The EU is adding three new renewable energy projects to the CB RES list, aimed at strengthening regional energy cooperation and supporting the transition to clean energy.
Keppel MET Renewables strengthens its solar portfolio with the acquisition of two photovoltaic projects in Northern Italy, totalling 20 MWp of installed capacity.
Fluctuating natural gas prices are driving European countries to diversify their energy sources, increasing investment in renewable energies and nuclear power.
Singapore-based Cyan Renewables acquires MMA Offshore for AUD 1.1 billion, consolidating its position as the leading offshore wind services provider in Asia-Pacific (APAC).
Shell is investing in a 100 MW electrolyzer in Germany to produce 44,000 kg of renewable hydrogen per day, with the aim of decarbonizing its operations.
TotalEnergies acquires a 50% stake in the OranjeWind offshore wind farm in the Netherlands, a 795 MW project to produce green hydrogen to decarbonize its European refineries.
The European Union plans to impose provisional duties on Chinese biodiesel, sold at prices deemed unfair.
An investigation could lead to definitive duties for five years by February.
The oil tanker Ceres 1, involved in a collision with the Hafnia Nile, was intercepted by the Malaysian Coast Guard, raising questions about its disappearance.
The wind turbine protection market, valued at 1.7 billion USD in 2024, is expected to reach 2.8 billion USD in 2029, with an annual growth rate of 10.5%.
The European Court of Auditors considers the European Union's 2030 targets for renewable hydrogen to be too ambitious, and calls for a strategic readjustment.
JinkoSolar, RELC and VI announce a $1 billion investment for a solar cell and module production plant in Saudi Arabia with an annual capacity of 10 GW.
Japanese companies are investing massively in gas infrastructure in Asia to offset future overproduction of liquefied natural gas (LNG) and strengthen their energy security.
The first shipments of Senegalese crude oil from the Sangomar project are on their way to refineries in the Netherlands and Germany, marking a new era for the Senegalese economy.
BP is to acquire 15% of Lianyungang Jiaao New Energy for $48.54 million, in anticipation of future Chinese regulations on sustainable aviation fuels (SAF).
Spanish gas group Enagas sells its 30.2% stake in Tallgrass Energy to finance its green hydrogen projects, reinforcing its plans to invest in renewable hydrogen infrastructure.
From 2024 to 2033, global solar and wind power capacity will increase by 5.4 TWac, while energy storage will grow by 640%, according to Wood Mackenzie.
BP announces "unfavorable adjustments" of $1-2 billion in the second quarter of 2024, mainly due to the transformation of its Gelsenkirchen refinery in Germany.
