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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
Energy partnership between France and the United Kingdom
France and the United Kingdom have concluded two agreements in the field of energy covering renewable energy, nuclear safety and electricity interconnections.
Great Britain: EDF extends the life of its nuclear power plants
EDF Energy has announced a two-year extension to the life of its Hartlepool and Heysham 1 nuclear power stations in the UK. This decision will invest £1 billion over the period 2023-25 to help UK power stations maintain production.

Shell CEO’s record pay raises controversy

The oil sector continues to be controversial as the profits of the majors have soared due to rising energy prices. Meanwhile, executive compensation at these companies has also skyrocketed, prompting outrage from critics.
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Hornsea 3 project at risk: Orsted asks for government support
Renewable energy developer Orsted has announced that the Hornsea 3 project, considered the world's largest wind farm, is under threat due to soaring costs.
Acquisition of JBM Solar: RWE strengthens its solar and storage capacities
RWE has strengthened its solar and storage capabilities by acquiring JBM Solar. With this acquisition, RWE takes control of a pipeline of mature projects with a combined capacity of 6.1 GW, positioning the company among the three largest solar developers in the United Kingdom.

INPEX acquires 16.7% of Moray East offshore wind farm

INPEX Corporation announced that it has acquired a 16.7% stake in the Moray East offshore wind farm in Scotland, underscoring its commitment to the energy transition.
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Jaguar seeks £500m in aid from UK government
Tata Motors, the parent company of Jaguar Land Rover, has applied for 566 million euros in financial support from the British government to build a battery factory in Somerset. However, if the aid is not granted, Tata Motors could choose Spain as the location for the plant, dealing a further blow to the British automotive sector after the bankruptcy of Britishvolt in January 2023.
VCA: £165 million in funding
UK-based EVC has secured up to £165 million of funding managed by Denham Sustainable Infrastructure to promote the use of electric vehicles to help meet the UK's net zero emissions targets.

British energy companies challenge Bulb’s takeover in court

Three of Octopus Energy's competitors have filed a lawsuit in the U.K. court challenging the government-backed takeover of energy provider Bulb, which they say is opaque. They denounce the use of billions of pounds of public money to support the sale of Bulb to Octopus.
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Octopus Energy multiplies its acquisitions in offshore wind energy
Octopus Energy Generation reaches $1 billion in offshore wind investments in less than a year.
BP’s Bernard Looney to receive £11.4m bonus
BP's chief executive Bernard Looney is to receive a one-off bonus of £11.4 million, following the rise in oil prices in 2022. The announcement is raising questions among investors and increasing political pressure on BP, which is facing calls for higher taxes on windfall profits.

Four former RTE employees tried in Paris court

Four ex-employees of RTE, manager of the high voltage lines, are judged for obstructing the operation of the electricity network. The defendants are suspected of having caused a "loss of remote control" of electrical substations on the remote network, in the midst of a labor dispute over wages and against the backdrop of the energy crisis. The CGT denounces a "union criminalization of strike actions".
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Agreement to take over Britishvolt by an Australian start-up delayed
The deal to take over bankrupt Britishvolt from Australian start-up Recharge Industries has been delayed as administrators need more time to review the start-up's plans. Britishvolt went bankrupt in January, dealing a blow to the British government's ambitions to achieve carbon neutrality by 2050.
Hinkley Point C: the cost of the new nuclear power plant is set to rise
EDF's new salvo of documents shows that the Hinkley Point C project will cost around 2% more than its previous budget estimate, meaning additional unbudgeted investment. The French government and its Chinese partner remain united in their commitment to complete construction of the British nuclear power plant, despite the considerable extra costs involved.

Glencore’s net profit soars 248%.

Despite huge fines, Swiss group Glencore sees its net profit soar in 2022. Rising commodity prices and slowing demand could damage the economic outlook for 2023.
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First project of hydraulic energy storage by pumping
Gilkes Energy has begun construction of its first pumped storage project in the UK. The Earba Storage project, with an installed capacity of 900 MW, will be the largest pumped storage project in the UK. The company plans to facilitate the integration of more renewables into the UK energy system, replacing expensive, carbon-emitting fossil fuels.
Gas consumption falls in several regions of the world
Gas consumption fell sharply in January in several parts of the world, particularly in the European Union and the United Kingdom, due to mild temperatures and the rise of renewable energy.

MU-EDRIVE project: large-scale renewable energy

Two British universities plan to install a wave energy converter in the North Sea to show how to increase electrical drives for wave energy converters.
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Sheffield Forgemasters collaborates with Holtec for SMR-160
Sheffield Forgemasters and Holtec Britain are collaborating on the development of components for the SMR-160 reactor. This collaboration will position Sheffield Forgemasters at the top of the supply chain for the manufacture of small modular reactors in the UK. SMRs offer enhanced security features and are deployable faster and at a lower cost.
Former geologist on trial for failure to declare a New Zealand trust
A former Areva geologist is on trial in Paris for failing to declare a New Zealand trust. Claude Caillat, who discovered uranium in Canada in 2005, denies any fraudulent intent. The hearing highlighted the financial practices of the French nuclear giant at the time.
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