United Kingdom

The European Union’s regulatory framework mandates green hydrogen integration in refineries, generating projected demand of 0.5 million tonnes by 2030.
Vattenfall advances its nuclear project in Sweden by selecting two modular reactor suppliers, GE Vernova and Rolls-Royce SMR, for a potential installation on the Värö Peninsula.

Verra and S&P Global Launch New Infrastructure to Boost Carbon Credit Markets

Verra and S&P Global Commodity Insights join forces to build a next-generation registry aimed at strengthening carbon market integration and enhancing transaction transparency.
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Masdar has allocated the entirety of its 2023–2024 green bond issuances to solar, wind, and storage energy projects, while expanding its financial framework to include green hydrogen and batteries.
Energiekontor launches a €15 million corporate bond at 5.5% over eight years, intended to finance wind and solar projects in Germany, the United Kingdom, France, and Portugal.

Peabody cancels its $3.78 billion bid for Anglo’s coal mines

Peabody Energy abandons the acquisition of Anglo American’s Australian coal assets, triggering an arbitration process following the failure of a post-incident agreement at the Moranbah North mine.
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Eni sells nearly half of Eni CCUS Holding to GIP, consolidating a structure dedicated to carbon capture and storage projects across Europe.
Petrobras is holding talks with SBM Offshore and Modec to raise output from three strategic FPSOs, two already at full capacity, to capture more value from the high-potential pre-salt fields.

Equinix secures 20 Radiant microreactors and a nuclear deal in the Netherlands

Equinix signed a preorder for 20 Kaleidos nuclear microreactors and a letter of intent for a power purchase agreement with ULC-Energy, reinforcing its energy supply strategy for its data centers.
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Beijing opposes the possible return of European trio sanctions against Iran, as the nuclear deal deadline approaches and diplomatic tensions rise around Tehran.
Investors hold 28.9 million EUAs net long as of August 8, four-month record level. Prices stable around 71 euros despite divergent fundamentals.

The United Kingdom prepares major reform of nuclear regulation

An independent group calls for deep changes to speed up the approval of UK nuclear projects and cut costs linked to a system seen as too slow and complex.
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GeoPura has acquired key assets from Green Hydrogen Systems and opened a subsidiary in Denmark to support its expansion in hydrogen electrolyser production and maintenance.
Driven by rising demand for energy resilience, the global microgrid market is projected to grow by 15.6% annually between 2025 and 2032, according to SkyQuest Technology Consulting.

Tesla applies to supply electricity to British households

The American manufacturer is seeking a licence from the UK energy regulator to distribute electricity in the United Kingdom, marking its first move into this sector outside Texas.
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The US oil and gas producer increased production and cash flow, driven by the Maverick integration and a $2 billion strategic partnership with Carlyle.
A senior official from the UN agency begins technical discussions with Iran on Monday, the first meeting since June strikes on Iranian nuclear sites.

Canada joins EU and G7 to lower the Russian oil price cap

The Canadian government adopts a new dynamic cap of $47.60 per barrel for Russian oil, aligning its position with that of the European Union and the United Kingdom.
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Ørsted strengthens its financial structure with a rights issue backed by the state, following the failed partial sale of the US Sunrise Wind project.
FPSO One Guyana begins production as part of the Yellowtail development, with enhanced technical capabilities to optimise reliability and maintenance in deep waters.
Shell has awarded Subsea 7 a contract valued between $50mn and $150mn to install a floating production system for its Sparta offshore project, located off the Louisiana coast.
TSG has completed the acquisition of Leirivolt in Portugal and Kronenburg Techniek in the Netherlands, consolidating its expansion strategy in intelligent energy services across Europe.

Perenco strengthens position in Trinidad and Tobago with acquisition of Woodside assets

Perenco will acquire Woodside’s oil and gas assets in Trinidad and Tobago, expanding its national output beyond 500 million standard cubic feet per day following expected closing by the third quarter of 2025.
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The UK government has selected 27 hydrogen projects under its second HAR2 funding round to revive industry and support over £1 billion in private investment by 2029.
Mining companies are turning to copper production to drive growth from 2025, marking a strategic shift in capital allocation, according to Wood Mackenzie.

BP initiates succession of chairman Helge Lund ahead of expected 2026 departure

British oil group BP has confirmed the planned departure of its chairman of the board Helge Lund, launching a transition process expected to conclude in 2026.
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The French and British governments denounce ongoing Russian attacks on Ukrainian energy facilities, despite ceasefire discussions backed by the United States.
ExxonMobil has announced the upcoming retirement of Karen McKee and the appointment of Matt Crocker as president of the Product Solutions division, marking a key change in the group’s governance effective 1 May 2025.

Octopus Energy acquires 10% stake in East Anglia One offshore wind farm from Macquarie

Octopus Energy has acquired a 10% stake in the East Anglia One offshore wind farm, expanding its European portfolio and surpassing $2 billion in offshore wind investments.
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UK-based manager Schroders Greencoat acquires a minority stake in ten Repsol renewable assets in Spain, valued at €580mn, reinforcing its investment strategy in the European energy transition.
The bp Trinidad and Tobago joint venture has launched production at the offshore Cypre field, marking bp’s second major start-up in 2025 and strengthening its shallow-water footprint in the region.

Shell completes acquisition of Pavilion Energy, strengthening position in LNG market

Shell has finalised the acquisition of Pavilion Energy in Singapore, integrating a portfolio of 6.5 mtpa LNG contracts, regasification capacity, and bunkering activities.
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New coal-fired electricity capacity added in 2024 dropped to 44 GW, driven mainly by China and India, according to a report released on Thursday.
Oil prices plummeted on Thursday, driven by new U.S. import tariffs and an unexpected decision by Opec to increase production from May.

EDF Renewables deploys single platform to monitor 5GW of wind turbines

EDF Renewables is centralising condition monitoring of over 5GW of wind turbines through ONYX Insight’s fleetMONITOR platform, reinforcing its global predictive maintenance strategy.
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Ionity, Fastned, Electra and Atlante will launch a joint platform this summer allowing drivers to access their fast-charging networks across 25 countries without additional formalities.
Boralex has launched operations at the 106 MW Limekiln Wind Farm in Scotland, marking its first operational facility in the United Kingdom, supported by a 15-year public contract and a power purchase agreement.

Awilco Drilling PLC detaches a special dividend of USD 2.06 per share

Offshore oil group Awilco Drilling PLC enters ex-dividend period on 1 April, marking the detachment of a USD 2.06 per share payment, amid significant cash returns to shareholders.
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Subsea7 has been awarded a major contract by Equinor for Phase 2 of the Northern Lights project, involving the installation of a CO2 pipeline offshore Norway, with operations scheduled for 2026 and 2027.
Dutch organisation Milieudefensie is suing ING for its alleged role in financing fossil fuel projects, demanding the bank halve its CO2 emissions by 2030.
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