United Kingdom

The three European powers activate the UN sanctions mechanism against Iran, increasing pressure on the country's oil exports as Tehran maintains high production despite Western measures.
The United States Nuclear Regulatory Commission has granted a 40-year extension for the AP1000 reactor design certification, supporting its long-term construction domestically and deployment abroad.

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.
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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.
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.
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.
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Investors hold 28.9 million EUAs net long as of August 8, four-month record level. Prices stable around 71 euros despite divergent fundamentals.
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.

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.
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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.
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.

Diversified Energy posts 79% revenue increase in first half of 2025

The US oil and gas producer increased production and cash flow, driven by the Maverick integration and a $2 billion strategic partnership with Carlyle.
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A senior official from the UN agency begins technical discussions with Iran on Monday, the first meeting since June strikes on Iranian nuclear sites.
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.
Saipem is collaborating with newcleo to develop floating nuclear reactors, a technology designed to supply emission-free energy to offshore oil and gas installations.
Iberdrola, via Avangrid, wins a 791 MW contract for an offshore wind farm in the United States, boosting Massachusetts' energy supply.

UK: 44.3 MW extension approved for Blythe Solar Farm

Staffordshire Moorlands District Council approves the extension of Innova's Blythe Solar Farm, adding 16.6 MW of solar capacity and strengthening the regional energy infrastructure.
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NANO Nuclear Energy adds Anuj Dubey and Congjin Ding to its technical team to strengthen the development of its 'ODIN' microreactor, a portable reactor technology currently in the test phase.
The UK approves Cottam's 600 MW solar project, including battery storage, signalling a step forward in its energy strategy.

Greenvolt sells 153 MWp of solar projects in Italy to Nuveen Infrastructure

Greenvolt sells 19 solar projects in Italy, totaling 153 MWp, to Nuveen Infrastructure for €18.7 million, as part of its asset transfer strategy.
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Bluefield Solar sells 50% of a 112 MW solar portfolio to GLIL Infrastructure for £70 million. This transaction is part of a broader strategy to reduce debt and finance new production capacity.
The UK has awarded almost 5 GW of new offshore wind projects, marking a comeback for the sector after a year without contracts. However, the gap to be bridged to reach 55 GW by 2030 remains significant.

Sovcomflot maintains its share of Russian non-G7 oil exports at 80%.

Despite Western sanctions, Sovcomflot retains a significant share of Russia's non-G7 crude oil exports, exceeding 80% in August. New U.S. sanctions increase pressure to reduce Russian revenues.
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Balance Power gets the go-ahead for a 49.5MW battery energy storage project in Hinckley, designed to support the flexibility and stability of the UK energy grid.
Tokamak Energy launches TE Magnetics to develop and market high-temperature superconducting (HTS) magnets for fusion reactors and other industrial applications.

Massive power cuts in Gabon, SEEG rations electricity

Faced with a production shortfall and aging infrastructure, Société d'Eau et d'Énergie du Gabon (SEEG) is imposing rotating load shedding to stabilize Libreville's power grid.
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The Scottish Government approves the Smeaton BESS, a 228 MW energy storage project by Kona Energy, designed to enhance grid management and reduce constraint costs in the UK.
Qair acquires majority stake in Green Switch Capital, adding 15 GW of renewable energy projects to its UK portfolio, with a focus on solar, wind and storage.

United Kingdom: Eni and HitecVision secure Green Volt floating wind project

The Flotation Energy-Vaargroenn joint venture, including Eni and HitecVision, wins a contract for the Green Volt project, a floating wind farm supported by the UK auction.
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Eni and Snam are implementing a carbon capture and storage (CCS) project in the Adriatic Sea to reduce industrial CO2 emissions in Italy.
Sungrow signs a 1.4 GWh agreement with Penso Power and BW ESS to enhance UK grid stability through advanced energy storage solutions.

UK approves a record 131 renewable energy projects

The UK confirms its commitment to becoming a leader in renewable energies with the approval of 131 new projects covering offshore wind, onshore wind and solar power, aimed at boosting energy security and reducing dependence on fossil fuels.
Downing Renewables & Infrastructure Trust plc (DORE) acquires three hydroelectric power stations in Sweden, reinforcing its strategy of expanding and optimizing its portfolio of energy assets with a £5 million investment.
Octopus Electroverse reaches 850,000 charging points for electric vehicles in Europe, optimizing access to an interoperable network at no additional cost to users.