United Kingdom

The announced merger between Anglo American and Teck forms Anglo Teck, a new copper-focused leader structured for growth, with a no-premium share structure and a $4.5bn special dividend.
Vattenfall commits new investment to the Clashindarroch II onshore wind project, a 63MW site in Scotland set to begin construction in 2026 and deliver first power in 2027.

Global wind sector targets 2 TW installed capacity by 2030 despite uncertainties

Driven by China's acceleration, global wind capacity is expected to reach 170 GW in 2025, paving the way for a doubling of installed capacity by 2032.
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Scottish developer Fidra Energy reaches financial close on its Thorpe Marsh site, with equity funding led by EIG and the UK’s National Wealth Fund, marking a significant step in the UK’s energy storage sector.
A partnership between AquaVentus and Hydrogen Scotland aims to connect Scottish offshore wind farms to a cross-border green hydrogen production and export infrastructure in the North Sea.

BlackRock and partners target $10.3 billion for Aramco gas deal financing

A consortium led by BlackRock is in talks to raise up to $10.3 billion to finance a gas infrastructure deal with Aramco, including a dual-tranche loan structure and potential sukuk issuance.
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Voltalia launches a transformation programme targeting a return to profit from 2026, built on a refocus of activities, a new operating structure and self-financed growth of 300 to 400 MW per year.
Ineos Energy ends all projects in the UK, citing unstable taxation and soaring energy costs, and redirects its investments to the US, where the company has just allocated £3bn to new assets.

Qualitas Energy commissions its first biomethane site in the United Kingdom

Spanish group Qualitas Energy inaugurated the Three Maids facility near Winchester, an anaerobic digestion plant able to produce 120 GWh of biomethane annually from agricultural waste.
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Texas-based start-up MCatalysis secures seed funding from HL Energy Ventures to exploit, under exclusive licence, a microwave catalysis technology developed at the University of Oxford.
Van Oord has completed the installation of 109 inter-array cables at the Sofia offshore wind farm, marking a major logistical milestone for this North Sea energy infrastructure project.

Germany urges European Union for more flexibility on 2035 combustion car ban

Berlin questions the ban on sales of combustion cars from 2035, as German automakers warn of economic and industrial risks for the country.
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Nigeria’s two main oil unions have halted loadings at the Dangote refinery, contesting the rollout of a private logistics fleet that could reshape the sector’s balance.
The steel dome of the CAP1000 Haiyang 4 reactor has been positioned, a major construction milestone paving the way for upcoming maintenance and technical installation phases.

BW Energy raises $365mn for Maromba FPSO and secures drilling rig

BW Energy has finalised a $365mn financing for the conversion of the Maromba FPSO offshore Brazil and signed a short-term lease for a drilling rig with Minsheng Financial Leasing.
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Over 500 hydrogen projects are now under construction or operational worldwide, with total committed investments reaching USD110 billion, representing an increase of USD35 billion in one year.
Altalto (Immingham) Limited receives backing from the UK government to integrate NEXTCHEM technologies into its sustainable aviation fuel project derived from municipal waste.

Two sanctioned Russian LNG carriers deliver to China despite restrictions

The Voskhod and Zarya vessels, targeted by Western sanctions, departed China’s Beihai terminal after potentially offloading liquefied natural gas from the Arctic LNG 2 project.
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Ayatollah Ali Khamenei calls for modernising the oil industry and expanding export markets as Tehran faces the possible reactivation of 2015 nuclear deal sanctions.
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.
CBAK Energy, a key player in the battery market, intensifies its Phase II project in Nanjing to meet high demand, adding 3GWh of production capacity by the end of 2025.
Niger accuses Nigeria of involvement in an attack on its pipeline to Benin. This incident highlights growing political and economic tensions in the region.

Kazakhstan improves energy production with 228 million kWh from Shelek Wind Farm

With 228 million kWh generated in 2024, the Shelek Wind Farm contributes to diversifying Kazakhstan's energy sources in the context of energy transition.
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The Zhenhai refinery, following a strategic expansion, consolidates the Ningbo base as a major player in China's petrochemical sector.
CATL, in China, unveils a chassis capable of withstanding frontal collisions at 120 km/h, a breakthrough transforming automotive safety standards.

Germany Suspends 20% of Kazakh Oil Imports After Pipeline Disruption in Poland

The disruption on the Druzhba pipeline, connecting Poland to Germany, halts 20% of Germany’s Kazakh oil supply, with a resumption expected by year-end.
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Nearly 40% of Qatar’s projected liquefied natural gas volumes remain uncontracted, raising questions about its strategy amid growing international competition.
China confirms its central role in the Asian coal market with a forecast of 330 million tons of coal imports in 2025, according to an Australian report.

Australia Projects 163 Million Tons of Metallurgical Coal Exports for 2024-25

Australia revises its metallurgical coal export forecast to reach 163 million tons for the 2024-25 fiscal year. However, revenues are expected to decline due to falling global market prices.
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NextChem, a subsidiary of Maire, is developing a SAF plant in Sumatra using used oils and local biomass effluents, promising up to a 95% reduction in aviation emissions through innovative technologies.
CNOOC initiates a new oil project in Bohai Bay, targeting a maximum production of 9,700 barrels per day by 2026, leveraging existing infrastructure to reduce costs and improve efficiency.

Italy Approves Two 162 MW Energy Storage Projects with Emeren

Emeren and Arpinge finalize two energy storage projects in Sicily, totaling 162 MW capacity, strengthening the national portfolio in a rapidly transforming market.
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Boralex enters a partnership in Scotland to develop a 145 MW wind energy project and a 50 MW energy storage system, strengthening the UK's renewable energy landscape.
China, through GCL Energy and Ant Digital, inaugurates cross-border financing by tokenizing 82 MW of solar assets using blockchain, addressing the growing demand for green financing.

The European Union Threatened by U.S. Tariffs on 58 Million Tons of LNG

Donald Trump, the president-elect of the United States, demands increased European imports of oil and liquefied natural gas, threatening the European Union with tariffs, a move that could disrupt global energy trade.
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The EPR of Flamanville symbolizes the challenges of French nuclear energy: delays, cost overruns, and loss of expertise. As the future shifts toward EPR2, the revival of this strategic sector remains fraught with uncertainties.
Argentine President Javier Milei has unveiled plans to build a modular nuclear reactor to address a 9% increase in energy demand in 2024, largely driven by the rise of artificial intelligence.

United Kingdom: Ballard Secures 6.4 MW Contract for Public Zero-Emission Buses in Europe

Ballard Power Systems announces an order of 90 fuel cells, totaling 6.4 megawatts, for public buses in the United Kingdom and Europe. These initiatives are supported by public funding programs for energy transition.
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MAIRE S.p.A. and newcleo Holding launch Italy's first nuclear project under the Meloni government, featuring a 200 MWe advanced modular reactor.
TAG Oil announces progress at its BED-1 site in Egypt, with stable production, new drilling planned for 2025, and a partnership strategy to optimize operations.