Sweden

Alfa Laval strengthens its partnership with EDF for six new EPR2 reactors

Alfa Laval extends its cooperation with EDF to supply heat exchangers for EPR2 projects across three nuclear sites, reinforcing its position in the French nuclear sector.

Nel ASA secures over $50mn PEM order for two hydrogen projects in Norway

Norwegian group Nel ASA has received a firm order worth over $50mn to supply its PEM electrolysers for two green hydrogen production units in Florø and Eigersund.

Aker Solutions secures five-year contract with ExxonMobil Canada for Hebron platform

Aker Solutions has secured a five-year brownfield maintenance contract extension with ExxonMobil Canada, reinforcing its presence on the East Coast and workforce in Newfoundland and Labrador.
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International Petroleum accelerates Blackrod and completes USD 450mn bond refinancing

International Petroleum Corporation exceeded its operational targets in the third quarter, strengthened its financial position and brought forward production from its Blackrod project in Canada.

TGS signs three-year strategic agreement with Chevron for offshore seismic acquisition

Norwegian provider TGS will mobilise its marine seismic resources for at least 18 months for Chevron under a three-year capacity agreement covering exploration and development projects.

DNO strengthens position in Verdande through asset swap with Aker BP

Norwegian firm DNO increases its stake in the developing Verdande field by offloading non-core assets to Aker BP in a cash-free transaction.
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Norway: Rejection of Wind Farm Project in Protected Sami Area

Norway's energy regulator has rejected an application to build a wind farm in the northern Finnmark region due to potential environmental impacts and threats to Indigenous Sami culture.

Vattenfall raises operating profit to SEK21.47mn amid nuclear repositioning

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.

Scatec cuts debt by 27% and reaches record 3,392 MW in projects

Scatec strengthened growth in the third quarter of 2025 with a significant debt reduction, a rising backlog and continued expansion in emerging markets.
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Norwegian fund generates €88 billion in gains through financial markets

Norway's sovereign wealth fund generated a €88 billion profit in the third quarter, largely driven by equity market performances in commodities, telecommunications, and finance.

Equinor posts adjusted operating income of USD 6.21bn in Q3 2025

Equinor reported 7% production growth and strong cash flow, despite lower hydrocarbon prices weighing on net results in the third quarter of 2025.

Iberdrola installs its first offshore HVDC station in the United Kingdom

Iberdrola has installed the high-voltage direct current converter station for its East Anglia THREE wind farm, marking a key milestone in a €5 billion project.
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Norway prevails at ECHR over offshore oil licensing dispute

The European Court of Human Rights ruled that Norway’s deferral of a climate impact assessment did not breach procedural safeguards under the Convention, upholding the country’s 2016 oil licensing decisions.

Noble posts $21mn loss but secures $740mn in new contracts

Noble Corporation reported a net loss in the third quarter of 2025 while strengthening its order backlog to $7.0bn through several major contracts, amid a transitioning offshore market.

Carbon removal investments hit $1 billion despite high operating costs

The carbon removal technology sector is expanding rapidly, backed by venture capital and industrial projects, yet high costs remain a significant barrier to scaling.
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Italian court approves extradition of Ukrainian suspect in Nord Stream case

An Italian appeal court has approved the extradition to Germany of a former Ukrainian commander suspected of coordinating the 2022 sabotage of the Nord Stream gas pipeline, a decision now challenged in cassation.

Liquid Wind and Umeå Energi launch 100,000-tonne eFuel plant in Sweden

The two partners finalise agreements to industrialise an eMethanol production site in Umeå, with commissioning scheduled for 2028 and a target of capturing 150,000 tonnes of CO₂ annually.

Finland leads race to host first Nordic fusion reactor, report finds

A technical study commissioned by Novatron Fusion Group identifies Finland as the most prepared country to host a fusion reactor, despite favourable conditions across the Nordic region.
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Aker BP and Halliburton complete first umbilical-less subsea tubing hanger installation

Halliburton and Aker BP have completed the first umbilical-less tubing hanger installation on the Norwegian continental shelf, paving the way for digitised offshore operations with reduced infrastructure.

SLB net income drops to $739mn despite revenue boost from ChampionX integration

Energy services provider SLB saw its net income fall by 38% year on year in Q3 2025, even as the integration of ChampionX helped lift revenue by 4% sequentially.

China and South Korea to be main customers for US LNG in July

In July, China and South Korea dominated US LNG imports, while Europe's share declined significantly.

Scatec sells three South African solar power plants for ZAR 921 million

Scatec ASA sells part of its stake in the Kalkbult, Linde and Dreunberg solar power plants to Greenstreet 1 Proprietary Limited, a subsidiary of STANLIB Infrastructure Fund II, to finance new growth opportunities

Washington and Stockholm join forces on nuclear issues

The USA and Sweden announce a cooperation agreement for the development of nuclear energy, including small modular reactors (SMRs) and nuclear waste management.

EU sanctions on Russian LNG: Consequences and challenges for Europe

The EU has adopted sanctions against Russian LNG, impacting transshipment operations and the supply of technology, with major implications for the European energy market, according to a report by Oxford Energy.

Whitebark Energy finances its projects with Canadian oil revenues

Whitebark Energy uses revenues from Wizard Lake in Canada to fund geothermal and hydrogen initiatives in Australia, underlining a transition to renewable energies.

US election uncertainty holds back European investment

European renewable energy companies are reviewing their US projects in the face of electoral uncertainty, fearing a Donald Trump comeback.
An image of the Nordex wind turbine in operation in an American landscape.

Deployment of BWRX-300 Reactors in Europe: Initiative of 18 Companies

A group of 18 European companies, led by Orlen Synthos Green Energy, is committed to the deployment of BWRX-300 reactor technology in Europe.

EnBW relies on Norwegian green ammonia to decarbonize German industry

Germany turns to green ammonia to meet industrial decarbonization targets. EnBW has announced an agreement with the Skipavika Green Ammonia project in Norway to receive 100,000 tonnes of green ammonia per year from 2027.

Statkraft writes down assets in Europe and India as profitability declines

Statkraft announces significant asset write-downs in Europe and India, in response to high interest rates and falling electricity prices, impacting its profitability.
Statkraft, producteur d'énergie verte

First Solar inaugurates the largest solar R&D center in the Western Hemisphere

First Solar has inaugurated a research and development center in Lake Township, Ohio, marking a strategic step towards strengthening its leadership in thin-film photovoltaics.

Air Liquide to supply Cryocap™ technology for Stockholm Exergi project

Stockholm Exergi has chosen Air Liquide's Cryocap™ LQ technology for its BECCS project, aimed at liquefying and sequestering eight million tonnes of CO2 over ten years.

Nel plans several gigawatts of electrolysis by 2025

Norwegian electrolyzer manufacturer Nel anticipates investment decisions for several gigawatts of capacity by 2025, despite economic challenges.
Capacité production électrolyse Nel

Wind turbine protection market growth: USD 2.8 billion by 2029

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%.

Octopus Energy: New Onshore Wind Projects in England

Octopus Energy announces new onshore wind projects following the lifting of the moratorium in England, boosting the renewable energy sector.

Europe: LNG investment booms despite stagnant demand

LNG regasification projects in Europe will increase capacity by 121 million tonnes/year by 2030. However, falling demand and utilization rates below 50% raise questions about the risk of overinvestment.
Baisse des prix du gaz

First barrels of Senegalese oil on their way to Europe

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.

Equinor and Partners Launch Production of Kristin South

Equinor and its partners Petoro, Vår Energi, and TotalEnergies EP Norge have started production from the first Lavrans well in the Kristin South project.

Cortus and Nordbex sign contract for 60 MW biomass power plant

SEK 400 million contract between Cortus and Nordbex for delivery of a 60 MW WoodRoll® biomass power plant in Scandinavia, with options for four other plants.
Cortus et Nordbex signent un contrat pour une centrale biomasse de 60 MW.

Liquid Wind and Uniper join forces to accelerate eFuels

Liquid Wind and Uniper sign strategic partnership to develop eMethanol production facilities.

Agreement between Lyngdal and Norsk Kjernekraft to design a nuclear power plant

Lyngdal, Agder's second-largest municipality, signs an agreement with Norsk Kjernekraft to study the construction of a nuclear power plant, strengthening the region's energy future.