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Altalto secures public funding for its UK waste-to-aviation fuel project
Altalto (Immingham) Limited receives backing from the UK government to integrate NEXTCHEM technologies into its sustainable aviation fuel project derived from municipal waste.
Iran seeks to revive oil production amid threat of renewed sanctions
Ayatollah Ali Khamenei calls for modernising the oil industry and expanding export markets as Tehran faces the possible reactivation of 2015 nuclear deal sanctions.

IAEA urges Iran to resume nuclear inspections as time runs out

The International Atomic Energy Agency warns that little time remains to reach an agreement with Iran on fully resuming inspections, as European sanctions could be reimposed within 30 days.
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NatPower Marine and Wah Kwong launch electric port network across 30 Asian ports
NatPower Marine and Wah Kwong create a joint venture to deploy a maritime electric charging network in over 30 Asian ports by 2030, without requiring initial public investment.
Terra Firma Energy strengthens its position with SGN’s hydrogen trial
The success of SGN’s test on a gas pipeline converted to hydrogen confirms Terra Firma Energy’s technological choices, with sites already equipped to accommodate this type of energy investment.

European Union redefines import rules for UK oil and gas

The European Union’s new import standard forces the United Kingdom to make major adjustments to its oil and gas exports, impacting competitiveness and trade flows between the two markets.
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UK prepares new oil tax regime to revive UKCS competitiveness
The United Kingdom is set to replace the Energy Profits Levy with a new fiscal mechanism, caught between fairness and simplicity, as the British Continental Shelf continues to decline.
Octopus Energy injects 600 MW into solar and storage in Spain
Octopus Energy strengthens its presence in Spain with three new energy projects totalling 600 MW, powering 2.3 million households and accelerating the expansion of its European renewables portfolio.

ScottishPower halts green hydrogen projects despite public funding

ScottishPower pauses its renewable hydrogen projects in the United Kingdom, despite receiving public subsidies, citing a lack of commercial viability under the HAR1 programme.
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Shell halts its biofuels plant in Rotterdam amid strategic trade-off
Shell ends construction of its biofuels plant in the Netherlands, citing low competitiveness, while reinforcing its oil activities, raising questions over its previous energy commitments.
Westinghouse strengthens UK supply chain for nuclear reactors
US-based Westinghouse has signed six industrial agreements in the UK to supply critical components for its AP1000 and AP300 nuclear projects in Britain and abroad.

Dr Sultan Al Jaber wins ICIS CEO of the Year 2025 award for strategic performance

ADNOC Group CEO Dr Sultan Al Jaber has been named 2025 CEO of the Year by his global chemical industry peers, recognising his role in the company’s industrial expansion and international investments.
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GH2 Solar invests $48.2mn in electrolyzer plant in Gwalior with AHES
GH2 Solar Ltd partners with AHES Ltd to build an electrolyzer plant in Gwalior, targeting 500 MW capacity by 2030 with $19mn government support.
EDF extends two nuclear reactors in the United Kingdom until March 2028
EDF extends the operation of Heysham 1 and Hartlepool by one year after favourable safety inspections, ensuring continuity of nuclear production and safeguarding more than 1,000 jobs.

Putin and Pezeshkian to discuss Iranian nuclear program under European pressure

Russia and Iran seek to strengthen their nuclear cooperation as the E3 activates the sanctions mechanism against Tehran, reigniting tensions over compliance with the 2015 Vienna agreement.
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London, Paris and Berlin trigger sanctions against Iran, risking crude disruption
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.
AP1000 reactor certification extended in the US until 2046
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 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.
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.
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Hitachi injects $1bn into transformer manufacturing to strengthen US grid interconnection
Baker Hughes to deliver geothermal equipment to Fervo Energy for 300 MW capacity
Brazil requests full membership in the International Energy Agency
China redefines electric vehicle strategy around technological innovation
Shell halts its biofuels plant in Rotterdam amid strategic trade-off
Venezuela-Guyana crisis: Growing international concerns
Tensions between Venezuela and Guyana are escalating around the Essequibo, drawing the attention of the UN Security Council and prompting international calls for calm.
Nuclear: Between Ambitions and Contrasting Realities
Nuclear power is regaining popularity in the face of the climate crisis. However, a recent report highlights the limits of its expansion, dominated by China and Russia.
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The Iberdrola-Masdar Alliance to revolutionize Hydrogen?

The alliance between Iberdrola and Masdar promises to revolutionize the green energy sector, with a major investment in offshore wind power and green hydrogen.
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CIP launches major energy storage system in Scotland
Copenhagen Infrastructure Partners (CIP) begins construction in Scotland of a 500 MW / 1,000MWh energy storage system, one of the largest in Europe, marking a significant step forward in renewable energy storage.
RWE Finalizes Sale of Triton Knoll Assets to OFTO
RWE has confirmed the sale of the transmission assets of the Triton Knoll offshore wind farm to Triton Knoll OFTO Limited, marking a key milestone in the development of wind power in the UK.

Record Norwegian gas exports to Europe

In November, Norway reached a peak in gas exports to Europe and the UK, a key dynamic for European energy security.
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TotalEnergies Invests in Xlinks Renewable Energy Project
TotalEnergies is investing £20 million in Xlinks, which aims to supply green electricity to the UK from Morocco via an innovative wind and solar project.
Review and outlook after a year of oil price caps in Russia
One year after the introduction of the Russian crude oil price cap, Moscow's circumvention strategies are calling into question the effectiveness of Western sanctions.

International agreement to triple nuclear capacity by 2050

The agreement signed by 22 countries at the Climate Change Conference in Dubai aims to triple global nuclear capacity by 2050, marking a decisive turning point in the fight against global warming.
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French Nuclear Slowdown: Impacts and Forecasts
French nuclear power is off to a slower start than expected, impacting energy production and exports.
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From TotalEnergies to Shell, declining profits
TotalEnergies maintains second-quarter profitability despite lower earnings. The Group is facing criticism over its investments in Russian gas and fossil fuels.
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Shell: quarterly net profit down, weighed down by lower hydrocarbon prices

Significant decline in second-quarter results for Shell despite solid performance. The company keeps its production stable despite environmental criticism.
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Three companies aim to develop nuclear-powered merchant ships
Mini nuclear reactors for low-carbon merchant ships: a strategic alliance between Newcleo, Fincantieri and Rina aims to explore applications for small modular reactors (SMRs) cooled with lead.
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Vattenfall: Large-scale UK offshore wind project halted
Swedish giant Vattenfall is pulling the plug on development of the Norfolk Boreas offshore wind project in the UK due to rising costs, undermining the UK's renewable energy ambitions. Difficult market conditions, including a stressed supply chain and inadequate tax frameworks, are prompting the Group to reassess its wind power projects in the Norfolk region.

MoltexFLEX wins £1.3 million grant

At the heart of British nuclear innovation, MoltexFLEX secures a £1.3 million government grant to propel its FLEX reactor into the energy future. This move reinforces the UK's status in the global nuclear sector and paves the way for clean, flexible energy that complements renewable sources.
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A Tata electric battery plant planned for the UK
Tata Group invests over £4 billion in a gigafactory for electric batteries in the UK, propelling the automotive industry towards decarbonization. This initiative is expected to create thousands of direct jobs and accelerate the country's transition to zero-emission CO2 vehicles.
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Shell and Morocco sign 12-year LNG supply contract
Morocco consolidates its energy security by signing a strategic contract with Shell for the supply of liquefied natural gas (LNG). Towards greater Moroccan energy independence?
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RWE announces carbon capture projects to decarbonize energy in the UK

RWE, the UK's leading electricity producer, is firmly committed to the decarbonization of energy by developing RWE's ambitious carbon capture projects, aimed at reducing CO2 emissions, ensuring energy security and supporting the transition to cleaner energy. These initiatives demonstrate RWE's commitment to a sustainable energy future.
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What is the status of the oil and gas majors’ energy transition?
Oil and gas companies are investing in green energy while maintaining fossil fuels. Despite emission reduction targets, investment in renewable energy remains low relative to spending on fossil fuels.
LFR technology development: A promising partnership between Westinghouse and Ansaldo Nucleare
Westinghouse and Ansaldo Nucleare have signed a cooperation agreement to develop leaded fast reactor (LFR) technology. This partnership is an important step toward a cleaner, safer and more economically competitive energy future.
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