SUBSCRIBE
PROFILE

United Kingdom

Bp awards Baker Hughes a 90-month contract for Tangguh LNG in Indonesia
Bp has awarded Baker Hughes a long-term service agreement for the Tangguh liquefied natural gas plant, covering spare parts, maintenance and technical support for its turbomachinery equipment.
CNOOC signs two gas exploration contracts in Indonesia with EnQuest and Agra
CNOOC Limited has signed two production sharing contracts with SKK Migas to explore the Gaea and Gaea II blocks in West Papua, alongside EnQuest and Agra.

Equinor, Shell and TotalEnergies launch the first subsea CO2 injection in Norway

The Northern Lights project has injected its first volume of CO2 under the North Sea, marking an industrial milestone for carbon transport and storage in Europe.
en_1140250851540
Ukrainian Arrested in Italy Refuses Extradition for Nord Stream Sabotage
First suspect linked to the Nord Stream pipeline explosions, a Ukrainian citizen challenged by Berlin opposes his judicial transfer from Italy.
Trump Suspends $9.4 Billion Offshore Wind Project in the United States
The Revolution Wind project, already 80% complete, has been halted by the U.S. administration over national security concerns, creating major uncertainty in the sector.

Vattenfall selects GE Vernova and Rolls-Royce for future nuclear reactors

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.
en_11402108215540
Ukrainian Arrested in Italy for Alleged Role in Nord Stream Sabotage
A Ukrainian national suspected of coordinating the Nord Stream pipeline sabotage has been apprehended in Italy, reigniting a judicial case with significant geopolitical implications across Europe.
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.

Masdar mobilizes USD 1.685 billion for energy projects through green bonds

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.
en_114019082028540
Energiekontor issues a €15 million green bond for its European projects
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.

GIP Acquires 49.99% Stake in Eni CCUS Holding in Strategic Carbon Deal

Eni sells nearly half of Eni CCUS Holding to GIP, consolidating a structure dedicated to carbon capture and storage projects across Europe.
en_1140180833540
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.
China rejects European threat to reinstate sanctions against Iran
Beijing opposes the possible return of European trio sanctions against Iran, as the nuclear deal deadline approaches and diplomatic tensions rise around Tehran.

Funds Push European Carbon Positions to Highest Since April

Investors hold 28.9 million EUAs net long as of August 8, four-month record level. Prices stable around 71 euros despite divergent fundamentals.
en_114014082034540
Eleven US companies selected to fast-track small nuclear reactor testing
The United States Department of Energy has selected eleven companies to build experimental nuclear reactors by July 2026, under a programme aimed at meeting rising electricity demand.
Vestas maintains annual targets despite 44% drop in orders
The Danish turbine manufacturer posted a 14% increase in quarterly revenue, despite a sharp drop in order intake and negative cash flow.

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.
en_1140130830540
GeoPura strengthens hydrogen capabilities with GHS assets and European base
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.
The global microgrid market is expected to reach $116.5bn by 2032
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.
  • Populaires sur energynews.pro
BP Restarts Whiting Refinery After Flooding: Regional Market Pressures Emerge
Metacon confirms partial delivery and receives EUR 14.9 million
Solar will dominate more than half of the new power capacity planned in the United States in 2025
The United States Sanctions Greek Shipper for Iranian Oil Trafficking
Georgia Power launches targeted upgrades on its aging hydropower fleet
The United Kingdom invests 42 billion euros to modernize its electrical grid
Faced with the rise of renewable energies, the United Kingdom is committing 42 billion euros to modernizing its electrical grid by 2031. This project, led by National Grid, aims to adapt infrastructure despite local tensions caused by the installation of new high-voltage power lines.
London Opens the Door to Small Nuclear Reactors to Revive Energy
The UK government is easing restrictions on nuclear power plant construction, particularly small modular reactors (SMRs). While this technology is still under development, it attracts several companies but poses technical and financial challenges.

Ørsted cuts investments amid difficulties in the United States

Danish wind energy giant Ørsted reports a modest net profit of 16 million kroner in 2024, after recording losses in 2023. Facing rising costs and delays in the U.S., the company is scaling back its investments through 2030.
en_1140290948540-5
Veolia Relies on Mistral AI’s AI to Optimize Its Industrial Plants
Veolia has entered into a strategic partnership with Mistral AI to integrate artificial intelligence into its plant management. The goal is to improve operational performance by enabling real-time analysis of equipment and accelerating technical interventions.
ERG Signs Wind Energy Supply Contract with Amazon
Independent renewable energy producer ERG has signed a long-term power purchase agreement (PPA) with Amazon. The deal involves energy from the Corlacky wind farm in Northern Ireland, which is expected to be operational by the end of 2025.

Vestas multiplies its net profit in 2024 and records an all-time high order backlog

The world leader in wind energy, Vestas, multiplied its net profit sixfold in 2024, reaching €499 million. With a record order backlog of €68.4 billion, the Danish group is betting on offshore wind power to sustain its growth.
en_1140290958540-4
Equinor adjusts its strategy: renewable energy declines, hydrocarbons increase
Norwegian energy giant Equinor has revised its renewable energy ambitions downward while increasing its focus on hydrocarbons. A strategic decision that aligns with industry trends and meets market expectations.
TotalEnergies reduces low-carbon investments despite solid profits
After a 26% drop in net profit in 2024, TotalEnergies adjusts its strategy by reducing its investments in low-carbon energy by $500 million. Despite this decline, the group continues its share buyback program and dividend increases.

Alfa Laval strengthens its portfolio with the acquisition of NRG Marine

Alfa Laval has signed an agreement to acquire NRG Marine, a UK-based company specializing in ultrasonic anti-fouling technology. This acquisition aims to enhance the group’s offering in the maritime, oil, and industrial sectors in response to the growing demand for these innovative solutions.
en_1140290945540-4
European Oil Majors Slow Down Their Energy Transition
Facing a renewable energy market deemed less profitable, several European oil and gas companies are shifting their strategy. BP, Shell, and Enel are reducing their green investments to prioritize hydrocarbons, while TotalEnergies maintains a hybrid approach.
ElecLink power link gradually resumes operations after months of shutdown
Getlink is progressively relaunching ElecLink, its one-gigawatt transchannel power cable, after more than four months of suspension. The service restoration is taking place in multiple phases, with ongoing testing and capacity auctions until February 10.

Oil and Gas M&A: A Slowdown in 2025 Despite $150 Billion in Opportunities for Rystad

After two record years of mergers and acquisitions in the oil and gas sector, upstream M&A activity is expected to slow down in 2025. Despite a deal pipeline valued at $150 billion, geopolitical tensions and restrictive fiscal policies are limiting new opportunities.
en_1140290945540-2
Tullow Petroleum seeks to reduce debt after failed merger with Kosmos
Tullow Petroleum is focusing on reducing its debt after the cancellation of its merger project with Kosmos Energy. The company is exploring options to lighten its balance sheet and concentrate on its strategic activities.
Denmark Adjusts Its Strategy for Offshore Wind and Green Hydrogen
Denmark, a pioneer in offshore wind energy, is revising its model after the failure of a 3 GW tender. At the same time, the country is accelerating its green hydrogen infrastructure to strengthen its energy ties with Germany.

Sizewell C Nuclear Project Advances Without Budget Overruns

The Sizewell C nuclear power plant project in the UK is progressing as planned, without delays or cost overruns. Project leaders presented an initial progress report to parliamentarians, highlighting significant financial and industrial advancements.
en_1140290957540-2
Warsaw launches Baltica 2: Offshore Wind Farm for €7.15 Billion
The Polish Prime Minister announces the Baltica 2 project, carried out in partnership with Ørsted and PGE, aiming for 1.5 GW over 190 km² in the Baltic Sea, with a launch this year and commissioning scheduled for 2027.
Ørsted: Leadership Shakeup and Offshore Market Challenges
Ørsted, a Danish renewable energy specialist, is undergoing a major reshuffle following difficulties in the U.S., with the resignation of its CEO and the appointment of his deputy.

TGS Wins Offshore Wind Site Characterization Contract in the UK

TGS has secured an offshore wind site characterization contract off the coast of the UK, with a duration of 30 days and mobilization scheduled for Q2 2025.
en_1140290958540-4
Shell’s Profits Fall by 17%: Impact of Gas Margins and Oil Prices
Shell announces a 17% drop in profits for 2024, impacted by the decline in margins, oil, and gas prices, as well as asset impairments.
Court overturns Shell and Equinor’s North Sea oil and gas field licenses
A Scottish court has overturned the licenses granted by British authorities to Shell and Equinor to develop two oil and gas fields in the North Sea, prompting a delay in their exploitation and requiring new environmental assessments.
Charger plus