Switzerland

Subsea7 secures strategic contract with LLOG for Buckskin South in the United States

Subsea7 has secured a subsea installation contract from LLOG for the Buckskin South project, scheduled for execution between 2026 and 2027, strengthening its position in the Gulf of Mexico and boosting its order book visibility.

US oil blockade on Venezuela disrupts maritime shipments

Interceptions of ships linked to Venezuelan oil are increasing, pushing shipowners to suspend operations as PDVSA struggles to recover from a cyberattack that disrupted its logistical systems.

Washington suspends five offshore wind projects on East Coast over security concerns

The Trump administration has ordered the immediate halt of five major offshore wind construction sites in the Atlantic, citing national security threats and drawing mixed reactions from industry and political circles.
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Global wind industry suffers historic downturn in 2025 despite Chinese resilience

Policy reversals, reduced performance and corporate disengagement marked an unprecedented slowdown in wind power in 2025, although China continued its expansion at a steady pace.

Harbour Energy acquires LLOG Exploration for $3.2bn to boost reserves

Harbour Energy acquires US offshore operator LLOG for $3.2bn, adding 271 million barrels in reserves and establishing a fifth operational hub in the Gulf of Mexico.

European Energy triples electrolysis capacity at Måde with new 8.1 MW equipment

European Energy increases the capacity of its Måde Power-to-X site to 8.1 MW, with a new electrolyser in service and ongoing tests for commercial production in 2026.
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China boosts global battery market after key power market reform

China's electricity market overhaul improves the profitability of energy storage, supporting a rapid increase in battery exports as global demand rises with data centres and power grids.

Canberra imposes mandatory gas reserve to secure domestic supply

The Australian government will require up to 25% of gas extracted on the east coast to be reserved for the domestic market from 2027, in response to supply tensions and soaring prices.

T1 Energy signs 900MW solar supply deal with Treaty Oak in the United States

T1 Energy will supply Treaty Oak with 900MW of solar modules over three years, leveraging domestically produced cells from Austin to meet increasing regulatory requirements.
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Baker Hughes to supply six LM9000 turbines for Commonwealth LNG terminal

Baker Hughes will deliver six gas refrigeration trains for Commonwealth LNG’s 9.5 mtpa export project in Louisiana, under a contract with Technip Energies.

Trump Media creates a listed group with TAE Technologies in $6 billion deal

Trump Media & Technology Group and TAE Technologies unite in a transaction valued at USD6 billion to launch one of the first publicly traded companies focused on fusion energy.

Iran offers support to Venezuela after oil tankers seized by Washington

Caracas says Iran has offered reinforced cooperation after the interception of two ships carrying Venezuelan crude, amid escalating tensions with the United States.
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Washington seizes second Venezuela-linked oil tanker in the Caribbean

US authorities intercepted a second oil tanker carrying Venezuelan crude, escalating pressure on Caracas amid accusations of trafficking and tensions over sanctioned oil exports.

Awendio Solaris to invest CAD1bn in integrated solar plant in Montreal

UK-based manufacturer Awendio Solaris plans to build a 2.5 GW solar industrial platform, expandable to 5 GW, in Quebec, targeting North American markets with a 100% regional supply chain.

Zefiro completes $1.5mn gas project in Pennsylvania and prepares $5mn operation in Louisiana

Zefiro Methane, through its subsidiary Plants & Goodwin, completes an energy conversion project in Pennsylvania and plans a new well decommissioning operation in Louisiana, expanding its presence to eight US states.
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RWE and Indiana Michigan Power secure 200 MW deal in Indiana

RWE signed a 15-year power purchase agreement with Indiana Michigan Power for the Prairie Creek project, aimed at supporting Indiana’s growing electricity demand starting in 2028.

Armada joins Genesis programme to deploy sovereign compute power in the United States

US-based Armada has signed a memorandum of understanding with the Department of Energy to participate in the Genesis Mission, aimed at accelerating scientific research and reinforcing national energy and technology sovereignty.

Plug Power installs 5 MW electrolyzer in Namibia for integrated hydrogen hub

Plug Power has completed the installation of a 5 MW PEM electrolyzer for Cleanergy Solutions Namibia, marking the launch of Africa’s first fully integrated green hydrogen production and distribution site.
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Ocean Winds launches its first offshore measurement campaign for the High Sea Wind project

Ocean Winds has deployed a LiDAR buoy off Gippsland to collect accurate data on wind and currents, a key step in its 1.3 GW offshore wind project in Australia.

California Resources finalises asset transfer with Berry Corporation for $253mn

California Resources Corporation completed an all-stock asset transfer with Berry Corporation, strengthening its oil portfolio in California and adding strategic exposure in the Uinta Basin.

Plus Power secures $160mn for two battery storage projects in New England

Plus Power secured $160mn in tax equity investments from Morgan Stanley to fund two battery storage facilities in Massachusetts and Maine, the largest ever developed in New England.

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.

Pylontech opens subsidiary in Australia to support energy storage investments

Chinese manufacturer Pylontech strengthens its international investment strategy by launching a local entity in Australia to accelerate the deployment of its energy storage solutions.
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HD Renewable Energy accelerates in Australia and Japan with 6.1GW of solar and battery projects

Taiwanese company HD Renewable Energy is expanding internationally with major solar and battery storage projects in Australia and Japan, targeting more than 6 gigawatts of installed capacity by 2028.

The liquid hydrogen micro-storage systems market to reach $738.6mn by 2034

Driven by aerospace, industrial gas, and hydrogen investment, the global liquid hydrogen micro-storage systems market is projected to grow 9% annually through 2034.

Mass Megawatts launches hydroelectric technology with two-year return on investment

Mass Megawatts unveils a new low-cost hydroelectric system with a payback period of under two years at optimal sites, relying on modular structures and standardised components.
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Air Products posts $394mn net loss in 2025 and streamlines energy project portfolio

The US group reported a $877mn operating loss for fiscal year 2025, impacted by $3.7bn in charges related to project exits and restructuring.

Matrix Renewables inaugurates 284 MW solar power plant in Texas

Matrix Renewables and SOLV Energy have completed construction of the Stillhouse Solar plant, a 284 MW project in Bell County, representing over $370mn in private investment and 320 jobs created.

Despite ARCHES shutdown, public investment in hydrogen continues in California

The suspension of ARCHES is not slowing hydrogen initiatives in California, where public authorities are accelerating projects for production, transport and use of the fuel in local infrastructure.
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Diamondback Energy generates $1.8bn in free cash flow in Q3 2025

With average oil production of 503,750 barrels per day, Diamondback Energy strengthens its profitability and continues its share buyback and strategic asset divestment programme.

ONE Gas narrows 2025 guidance after 37% rise in quarterly profit

ONE Gas posted higher third-quarter 2025 results with a net income increase, while adjusting its annual earnings forecast and maintaining investments in gas infrastructure expansion.

Constitution pipeline could generate $11.6bn in savings in the US Northeast

Construction of the Constitution pipeline would reduce gas price volatility in the US Northeast, while generating up to $4.4bn in regional gross product and nearly 2,000 jobs per year.
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Hadron Energy anticipates nuclear compliance ahead of $1.2bn merger

Hadron Energy formalises its regulatory plan with U.S. nuclear authorities ahead of its $1.2bn merger with GigCapital7, relying on early compliance to accelerate the commercial deployment of its microreactor.

Ovintiv completes $2.7bn acquisition of NuVista to expand Montney position

Ovintiv has reached a definitive agreement to acquire NuVista Energy for $2.7bn, adding 140,000 net acres and nearly 100,000 barrels of oil equivalent per day in Canada’s Montney.

Entergy and Energy Transfer sign 20-year gas deal to support Louisiana industry

Entergy Louisiana and Energy Transfer have signed a gas transportation contract to supply new industrial projects in North Louisiana, reinforcing their long-term energy commitment.
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Gibson Energy sets throughput record across terminals in Q3 2025

Gibson Energy reported record volumes in Canada and the United States, supported by the commissioning of key infrastructure and a cost reduction strategy.

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.

GridStor activates 220 MW battery in Texas to stabilise the power grid

GridStor has inaugurated its first energy storage facility in Texas, a 220 MW battery, designed to support the ERCOT grid and respond to the rapid increase in industrial demand in the state.
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Eversource posts $367.5mn profit in Q3 driven by electric distribution

Eversource Energy rebounded in the third quarter with a net profit of $367.5mn, driven by revenue increases in electric distribution and a sharp reduction in offshore wind-related losses.

Clean Energy reports $23.8mn net loss despite increase in renewable gas sales

Clean Energy reported a net loss for the third quarter of 2025, impacted by Amazon-related charges and a decline in adjusted EBITDA, despite continued growth in renewable natural gas volumes.