Swiss trader Gunvor will acquire Lukoil’s African stakes as the Russian company retreats in response to new US sanctions targeting its overseas operations.
ABB recorded double-digit growth in sales of equipment for data centres, contributing to a 28% increase in net profit in the third quarter, surpassing market expectations.
Nala Renewables strengthens its position in Finland with the acquisition of a battery energy storage portfolio exceeding 250 MW from Swiss developer Fu-Gen AG.
Article 6 converts carbon credits into a compliance asset, driven by sovereign purchases, domestic markets, and sectoral schemes, with annual demand projected above 700 Mt and supply constrained by timelines, levies, and CA requirements.
Nel Hydrogen US will supply a containerised electrolyser to H2 Energy for a hydrogen production facility commissioned by the Association for Waste Disposal in Buchs, Switzerland.
The Swiss chemical group faces two new lawsuits filed in Germany, bringing the total compensation claims from oil and chemical companies to over €3.5bn ($3.7bn) in the ethylene collusion case.
Energy group Axpo is considering a new installation of three wind turbines in Wil, aimed at powering around 5,000 households and strengthening Switzerland's winter electricity production.
Vitol strengthens its presence in West Africa by acquiring a 30% stake in the Baleine oil field from Eni, while maintaining an active role in the country’s offshore development.
Swiss energy company MET strengthens its footprint in Central and Southeast Europe with the full acquisition of MET Slovakia and the launch of a new operational subsidiary in Albania.
UK-based Gresham House will acquire Swiss investment manager SUSI Partners, strengthening its international footprint in energy transition infrastructure.
Facing falling Chinese prices and unstable energy policies in the United States, Swiss solar module manufacturer Meyer Burger announces the end of its recovery efforts.
A long-term tolling agreement between Zelestra and BKW targets the construction of a 2 GWh battery energy storage system in northern Italy, with full commissioning scheduled for 2028.
Slovenia’s JEK2 project moves forward with two nuclear technologies judged technically compatible, estimated between EUR9.31bn ($10.1bn) and EUR15.37bn ($16.66bn).
Vema Hydrogen mobilise des experts internationaux pour accélérer la mise sur le marché de son hydrogène minéral, alors que l’entreprise prévoit de forer ses premiers puits pilotes en Amérique du Nord d’ici la fin de l’année.
Iran once again authorises the International Atomic Energy Agency to inspect its nuclear sites, following a suspension triggered by a dispute over responsibility for Israeli strikes.
Energy Vault secures an exclusive $300 mn commitment to support the creation of Asset Vault, a subsidiary dedicated to building and operating 1.5 GW of energy storage projects across several continents.
Swiss group Transocean reported a net loss of $938mn for the second quarter 2025, impacted by asset impairments, while revenue rose to $988mn thanks to improved rig utilisation.
French firm Framatome has been selected to modernise control systems at Switzerland’s Leibstadt nuclear plant, as part of a strategic investment aiming to extend its operation through 2045.
Europe is considering various energy strategies up to 2050, revealing highly variable costs and an uncertain future for natural gas demand amid political pressure to achieve carbon neutrality at lower costs.
Trafigura terminates its green hydrogen project in Port Pirie, South Australia, following a feasibility study, highlighting current industry challenges, including high costs and limited immediate commercial interest.
Two small modular reactor developers begin preliminary engagement with the US nuclear authority, ahead of filing applications for distinct projects targeting industrial use cases.
Glencore announces a financial loss in 2024, attributed to a drop in demand and fluctuations in commodity prices, while considering a stock exchange move to strengthen its strategic position.
Kazatomprom will supply natural uranium concentrate to Switzerland for the first time under a contract with Axpo. This transaction aligns with Switzerland's strategy to secure energy supplies amid declining Russian gas deliveries.
Swiss company Synhelion plans to invest $1 billion in a synthetic fuel production plant in Morocco. This project relies on an innovative solar technology and aims for an annual output of 100,000 tons, with financing combining equity and bank loans.
Reactor 2 of the Beznau nuclear power plant, the oldest in Europe, was shut down in an emergency following an incorrect operation during a routine inspection. The Axpo group assures that safety was maintained and that a restart is under review.
GEN energija has selected Westinghouse and EDF to conduct a technical feasibility study on Slovenia's JEK2 nuclear project. KHNP, initially in the race, has decided not to submit a bid due to a strategic shift.
Trafigura, the major commodities trading giant, has been convicted by the Swiss Federal Criminal Court for corrupting a foreign public official in Angola, marking a precedent in the commodities sector.
Saneg, in partnership with international players, transforms flared gas into a usable resource, reducing energy dependency while strengthening its position in a pressured energy market.
Electric interconnections have reshaped global energy systems, enabling cross-border cooperation and economic stability. Rooted in Oxford Energy Institute research, this piece highlights key agreements, technological milestones, and the diplomatic strategies driving these transformative infrastructures.
In 2024, France achieved an unprecedented net electricity export level of 89 TWh, driven by a restored nuclear production and strengthened renewable performance.
The Swiss-Swedish group ABB acquires strategic activities from Gamesa Electric, consolidating its business strategy in renewable energy through equipment for wind, solar, and storage.
Axpo and its partners have started construction of a hydrogen plant in Bürglen. This facility will produce 260 tonnes of hydrogen annually for industrial and mobility applications.
Global temperatures in 2023 and 2024 shattered records, leaving climatologists grappling with urgent questions about the causes of such unprecedented overheating.
The Beznau nuclear power plant, the oldest in Europe, will cease operations in 2033 according to its operator, Axpo. Greenpeace Switzerland demands an immediate shutdown to reduce environmental risks and prioritize renewable energy sources.
A 50 MW solar power plant will be constructed in Katiola, Côte d’Ivoire. Fully financed by Katiola Solar Power, a subsidiary of JC-Monfort, this investment is valued at $53 million.
Axpo's solar and wind divisions secure a total of 163 MW in two tenders in France, strengthening their key role in the European energy transition strategy.
The CERN and Voltalia have signed an ambitious partnership to power particle accelerators with solar energy. This 15-year contract includes two solar plants in France, cutting CO2 emissions by 8,775 tons per year.
