Ukraine

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.

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.
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Elawan Energy secured two wind power projects totalling 92MW in Romania through a long-term public contract, strengthening its presence in the region with operations scheduled to begin in 2028.
The Vilvoorde site in Belgium now hosts 400 MWh of operational capacity on a total 800 MWh project, marking a key milestone for electricity storage on the continent.

Melvan launches citizen fundraising for two solar plants in Vaucluse

Melvan is issuing local bonds to co-finance two photovoltaic projects in Avignon and Sault, aiming to supplement a total budget of EUR5.5mn ($5.82mn).
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A study conducted in the Gulf of Lion highlights the risk of collisions between migratory birds and floating wind turbine blades, as the region prepares to host 19 additional turbines by 2031.
European inventories curbed price declines as liquefied natural gas (LNG) supply expands and demand stays weak. Cargo arbitrage favours Europe, but winter will determine the equilibrium level. —

Moeve joins Shell’s Avelia platform to scale sustainable aviation fuel supply

Spanish producer Moeve becomes the first external SAF supplier to join Shell’s blockchain-based platform designed to expand low-emission jet fuel adoption.
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China imported an average of 11.5 million barrels of crude oil per day in September, supported by higher refining rates among both state-run and independent operators.
The Nexans Board of Directors has officially appointed Julien Hueber as Chief Executive Officer, ending Christopher Guérin’s seven-year tenure at the helm of the industrial group.

OPEC maintains demand forecast and lowers expected 2026 deficit

OPEC confirms its global oil demand growth forecasts and anticipates a much smaller deficit for 2026, due to increased production from OPEC+ members.
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The upcoming Sizewell C nuclear power plant secures its fuel supply through agreements signed with Urenco and Framatome, marking a key step in strengthening the United Kingdom’s long-term energy stability.
Moscow strengthens industrial joint ventures with Tajikistan by leveraging hydropower, agriculture, and mining in a strategy based on mutual interest and economic complementarity.

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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Falling Chinese imports and Asia’s regional pivot increase pressure on Australian thermal coal exporters.
ENGIE signs a 15-year agreement with CVE Biogaz for the purchase of biomethane produced in Ludres, under the Biogas Production Certificates mechanism, marking a structuring step for the sector's development in France.

Venture Global sinks 20% after legal defeat to BP over LNG contract dispute

US LNG producer Venture Global saw its market value drop sharply after an arbitral ruling in favour of BP reignited concerns over ongoing contractual disputes tied to the Calcasieu Pass project.
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The construction of Uzbekistan’s first small modular reactor (SMR) is underway, with 1.5mn m³ of earth being excavated in Jizzakh, marking a major milestone for the nuclear project led by Rosatom.
Citepa projections confirm a marked slowdown in France's climate trajectory, with emissions reductions well below targets set in the national low-carbon strategy.
The Kremlin has confirmed that Vladimir Putin aims to help resolve the nuclear dispute between the United States and Iran, leveraging strengthened strategic ties with Tehran.
In 2024, renewable energies covered 33.9% of electricity consumption in metropolitan France, driven by increased hydropower output and solar capacity expansion.

The CRE unveils its strategic guidelines for 2030

The French Energy Regulatory Commission (CRE) has announced its strategic guidelines for 2030, focusing on the energy transition, European competitiveness and consumer needs.
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France’s first floating wind farm, Provence Grand Large, located off the Gulf of Fos, has been commissioned with a 25 MW capacity, supplying the equivalent annual electricity consumption of 45,000 people.
Vallourec announces the official qualification of its vertical hydrogen storage solution Delphy by DNV, marking a decisive step towards the commercialisation of this innovative technology.

Spain settles $26.8 million debt in international energy dispute

Madrid paid an arbitration award to Blasket Renewable Investments after more than ten years of litigation related to the withdrawal of tax advantages for renewable energy investors.
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SBM Offshore has signed a divestment agreement with GEPetrol to fully withdraw from the FPSO Aseng project in Equatorial Guinea, with an operational transition phase of up to one year.
The Cour des comptes is calling on the French government to speed up efforts to locate storage sites for over 280,000 m³ of long-lived radioactive waste, which currently lacks an operational solution.

France: Nuclear revival rejected after amendment error

The French National Assembly’s Economic Affairs Committee mistakenly rejects a crucial article on France's nuclear strategy, causing significant parliamentary confusion and casting doubt on the country’s energy targets.
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President Lee Jae-myung adopts an energy diplomacy rooted in national interest, amid a complex international landscape of rivalries that could create challenging situations for the country and its energy businesses.
Due to insufficient industrial backing, Global Bioenergies has launched a pre-pack sale process amid high bank debt and limited liquidity. Offers must be submitted by 9 July.

Greenvolt sells 231 MW of energy projects in Spain to Transiziona for €195mn

Greenvolt Group finalised the sale of 28 solar and wind projects to Transiziona, valued at €195mn, bringing total asset sales to €530mn in 2025 as part of its pan-European strategy.
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The La Gineste park, jointly developed by Q ENERGY and Velto Renewables, has a capacity of 9 MWc and marks a strengthening of the business partnership between the two companies in the Occitanie region.
Enlight has secured $310mn in financing to convert Gecama into a 554 MW wind-solar-storage hybrid plant, making it the largest installation of its kind in Spain.

France adjusts offshore wind contracts to avoid losses during negative pricing

The contracts for the offshore wind farms of Fécamp, Saint-Nazaire and Saint-Brieuc have been amended to allow production shutdowns when electricity prices fall below zero on the market.
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Paris and Warsaw held a bilateral workshop in Warsaw to strengthen coordination on electricity infrastructure investments and supply security under the Nancy Treaty.
Despite the proclaimed urgency, European climate investments stagnate around €500 billion per year, far from the estimated needs of nearly €850 billion. New financial instruments are attempting to revive an indispensable momentum.

Trump Rejects Any Uranium Enrichment by Iran, Moscow Supports Tehran

Donald Trump firmly rejects any uranium enrichment by Iran, while Russia affirms Tehran’s right to civil nuclear power, intensifying tensions in negotiations over the Iranian nuclear program.
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EDF and Korea Western Power signed an agreement to develop a 1.5-GW solar power plant in Abu Dhabi, following a tender for which sixteen entities had been prequalified.
Italy’s Ansaldo Energia signed a memorandum of understanding with Uzbekistan’s Uzatom agency to cooperate on advanced nuclear technologies, with a focus on small modular reactors.