Ukraine

Westinghouse secures $114mn contract to supply fuel to Paks nuclear plant

MVM Group has signed an agreement with Westinghouse to secure VVER-440 fuel supplies from 2028, reducing its reliance on Russia and strengthening nuclear cooperation between Budapest and Washington.

Trump grants Orban oil exemption in exchange for US gas deal

The United States grants Hungary a one-year waiver on sanctions targeting Russian oil, in return for a commitment to purchase US liquefied natural gas worth $600mn.

Gotion Launches First Electric Vehicle Battery Factory in Slovakia for Europe

Gotion inaugurates its Gigafactory in Slovakia, marking a significant advancement in electric vehicle battery production in Europe. This site, scheduled for 2027, strengthens the continent’s green industrial chain.
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Poland: Orlen Consolidates Gas, Targets Regional Hub Without Liberalization

Poland’s gas market remains highly concentrated around Orlen, which controls imports, production, and distribution, while Warsaw targets internal and regional expansion backed by new infrastructure capacity and demand from heat and power.

Elogen to deliver electrolyser to RoyalStav and Veolia for project in Slovakia

Elogen will supply a 1 MW PEM electrolyser for a cogeneration plant operated by Veolia Energia Slovensko, in partnership with RoyalStav, near Žiar nad Hronom.

Orban attend des garanties énergétiques lors de sa rencontre avec Trump à Washington

Le Premier ministre hongrois se rendra à Washington pour discuter avec Donald Trump des sanctions américaines contre le pétrole russe, dans un contexte de guerre en Ukraine et de dépendance persistante de la Hongrie aux hydrocarbures russes.
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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.

Hungary seeks to maintain Russian oil imports despite sanctions

Viktor Orban says he is working to bypass recent US sanctions targeting Rosneft and Lukoil, underscoring Hungary’s continued reliance on Russian hydrocarbons.

Newcleo awards $81mn contract to NEXT-N for advanced modular reactors

French developer Newcleo launches a joint venture with Nextchem through a EUR70 mn contract to design the conventional island of its upcoming 200 MW modular nuclear reactors.
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Italian court reviews extradition of Ukrainian suspect in Nord Stream sabotage

A former Ukrainian soldier accused of taking part in the 2022 sabotage of the Nord Stream pipeline is at the centre of a contested extradition process between Italy and Germany, revived by a ruling from Italy’s Court of Cassation.

Washington hits Rosneft and Lukoil, EU tightens, Brent climbs

U.S. sanctions targeting Rosneft and Lukoil trigger a rebound in oil, while the European Union prepares a clampdown on liquefied natural gas and maritime logistics, with immediate repercussions for markets and Russia’s export chain.

Karachaganak cuts production after drone strike on Russian gas facility

Kazakhstan’s Karachaganak gas field has reduced output by nearly one-third following an incident at a key Russian gas processing plant targeted by a Ukrainian drone strike.
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EU approves ban on Russian gas imports by end of 2027

European Union member states have approved the principle of a full ban on Russian natural gas imports, set to take effect by the end of 2027.

Global copper demand projected to grow 24% by 2035

The rise of data centres, electrification, Asian industrialisation and military spending are reshaping global copper market dynamics, while insufficient mining investment could increase price volatility.

Ukraine prepares legal framework to accelerate small modular reactor deployment

A roadmap under development aims to establish regulatory and technical foundations for the deployment of small modular reactors, with the goal of strengthening national energy security and attracting private capital.
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Naftogaz proposes integrating its gas storage into EU strategic reserve plan

Naftogaz urges the European Union to use Ukraine’s gas storage capacity as part of a strategic reserve system, while calling for the end of storage filling obligations after 2027.

IAEA proposes local truce to restore power at Zaporizhzhia

The United Nations nuclear agency is urging Ukraine and Russia to establish a local ceasefire to repair damaged power lines at the Zaporizhzhia plant, which remains on alert after losing all external power supply.

Croatia targets Russian stake in NIS to maintain oil flows

JANAF is interested in acquiring a 20 to 25% stake in NIS, as the Russian-owned share is now subject to US sanctions.
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Kyoto Group commissions world’s largest industrial thermal storage unit in Hungary

Norwegian-based Kyoto has launched a 56 MWh thermal storage system at KALL Ingredients in Hungary, designed to replace natural gas with renewable-based industrial heat.

Brussels moves forward with plan to eliminate Russian oil and gas imports by 2028

Ambassadors of European Union member states have approved the transmission of a legislative proposal to phase out Russian fossil fuel imports by January 2028 to the Council of Ministers.

Germany: Rosneft’s appeal against the State’s trusteeship of its activities

The Russian oil giant Rosneft has filed a lawsuit against the German state after its activities were placed under supervision.

Electricity: Romania to the Aid of Moldova, Affected by the War

Romania will supply electricity to neighboring Moldova, which is suffering from supply difficulties, at a capped price.

Angela Merkel “Absolutely does not regret” her Energy Policy towards Russia

Former German Chancellor Angela Merkel said on Thursday she had no regrets about the energy policy she pursued during her 16 years in power
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Kryvyi Rih Coal Mines Attacked

Four coal mines were suspended due to a Russian missile strike on Kryvyi Rih.

Poland: Druzhba pipeline leak connecting Russia to Germany probably accidental

The leak that caused the partial closure of the Druzhba pipeline, linking Russia to Germany, was accidental.

Start of Gas Deliveries from France to Germany

France has started to transport gas directly to Germany, a step and a symbol of European energy solidarity.
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European Energy Accelerates in Romania

European Energy continues to expand in Romania as the Danish company's development pipeline reaches 1GW.

Maritime border with Israel: Lebanon has obtained “All its Rights

"Lebanon got all its rights" in the final draft of the agreement on the delimitation of its maritime border with Israel.

Energy: German Tariff Shield Considered from 2023

The German energy price shield, announced by Chancellor Olaf Scholz to mitigate the impact of soaring prices.
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Ukraine: Zaporizhia Nuclear Power Plant Reconnected to the Grid

The Ukrainian nuclear power plant of Zaporizhia was reconnected Sunday to the power grid, said the IAEA.

Gulf Countries Not Ready to Give Up Oil Windfall

By supporting the price of crude oil on the world markets, the Gulf oil countries spare their Russian partner.

Ukraine: Zaporizhia Nuclear Power Plant Cut Off from Electricity Supply

The Ukrainian nuclear power plant of Zaporizhia has lost its last external power source.
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Algeria “Revises” Gas Prices with its Main Customer in Spain

The Algerian state-owned hydrocarbon group Sonatrach announced on Thursday that it had signed a contract with its main client in Spain, Naturgy.

In Prague, the EU Seeks a Common Path Against Soaring Energy Prices

The leaders of the European Union, tried to overcome their divisions to outline a common response to soaring prices.

Berlin Reproaches US for Selling Gas at “Astronomical” Prices

The German Minister of the Economy deplored on Wednesday the "astronomical" prices demanded by the countries "friends" of Germany, the United States in the lead.
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Coal, Power Outages: London Prepares its Energy Arsenal for Winter

Coal-fired power plants ready to go into action and, in an extreme scenario, occasional power outages to relieve the system.

Moscow Insists on Participating in Investigation of Nord Stream Pipeline Leaks

Russia demanded on Wednesday to participate in the investigation of the Nord Stream 1 and 2 gas pipeline leaks. Sweden is in charge of the investigations.

In Iraq, the Energy “Sobriety” feared by Europe, we already live with

In his Iraq, whose infrastructure has been ravaged by conflict, people resort to the "système D" to get continuous electricity.
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Shell: Gas Sales “Significantly Lower” in Third Quarter

Shell warned on Thursday that its gas division results would be down "significantly" in the third quarter.

Solar and Wind attracted 15 times more investment than Nuclear in 2021

Global investments in wind and solar power were, in 2021, almost 15 times higher than those for new nuclear power plants.