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US crude oil stocks rise by 3.9 million barrels
Against market expectations, US commercial crude reserves surged due to a sharp drop in exports, only slightly affecting international prices.
Hull Street Energy acquires 13 hydroelectric dams in Michigan
Hull Street Energy has signed an agreement to acquire thirteen hydroelectric dams from Consumers Energy, totalling 132 MW, further consolidating its position in the North American hydro sector.

Madison Energy Infrastructure raises $800mn to support large-scale projects

US-based Madison secures $800mn debt facility to finance energy infrastructure projects and address rising grid demand across the country.
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First half of 2025 dominated by solar despite Washington policy pushback
Solar and storage accounted for 82% of new U.S. power capacity in early 2025, despite federal measures slowing their expansion.
Anglo American and Teck merge to form copper giant in zero-premium deal
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.

Chevron and HelleniQ Energy submit joint bid for four gas blocks off Crete

US-based Chevron has submitted a bid with HelleniQ Energy to explore four offshore blocks south of Crete, marking a new strategic step in gas exploration in the Eastern Mediterranean.
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Statkraft France secures new 15.5 MWc solar contract in Marne
Statkraft France won a 15.5 MWc solar project in Mourmelon-le-Grand during the latest national tender round, bringing its total awarded capacity to nearly 70 MWc in less than a year.
GTT wins contract for LNG tanks on floating unit in Africa
GTT has been selected by Samsung Heavy Industries to design cryogenic tanks for a floating natural gas liquefaction unit, scheduled for deployment at an offshore site in Africa.

Vattenfall invests in new 63MW onshore wind farm in Scotland

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.
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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.
Fidra Energy secures £445mn for 3.1 GWh energy storage project
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.

AquaVentus and Hydrogen Scotland partner on North Sea hydrogen production corridor

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.
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Ocean Winds installs first foundation at Dieppe – Le Tréport offshore wind farm
Ocean Winds reaches a new milestone with the installation of the first foundation at the Dieppe – Le Tréport offshore wind farm, which will comprise 62 turbines supplying nearly 850,000 people.
European Union targets eight bottlenecks to secure its power grid
The European Commission launches a regulatory plan addressing eight major power grid blockages to reduce price disparities and strengthen energy security across the Union.

Iran and IAEA sign technical agreement to restart nuclear inspections

Iran has reached a new agreement with the International Atomic Energy Agency to formalise the resumption of inspections, following months of suspension linked to military tensions and criticism of its nuclear programme.
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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.
TotalEnergies strengthens its presence in the United States with Rio Grande LNG Train 4
TotalEnergies commits to Train 4 of the Rio Grande LNG project in Texas, consolidating its position in liquefied natural gas with a 10% direct stake and a 1.5 Mtpa offtake agreement.

France positions itself on small modular reactors with eleven key recommendations

The French Energy Regulatory Commission outlines a structured plan to accelerate the deployment of small modular reactors, focusing on industrial heat and series effects to enhance competitiveness.
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Pennavel and BrestPort sign strategic agreement for Breton floating wind project
Pennavel and BrestPort strengthen their partnership around the South Brittany floating wind project, aiming to structure industrial operations from 2030 at the EMR terminal of the port of Brest.
Cordelio Power commissions 150 MW solar plant in Missouri
Canadian energy producer Cordelio Power has completed commissioning of its Winfield solar project, a 150 MW facility backed by a 15-year contract with Microsoft and a $313mn structured financing deal.
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Ecoener commissions Guatemala’s largest solar plant with 74.7 MWp
NextDecade signs 20-year LNG deal with EQT for 1.5 MTPA from Train 5
Aspen Power acquires two community solar projects in New Jersey
PowerField activates automated FCR service linked to solar and storage
Coal India launches 5 GW of solar and wind projects across the country
Trump urges London to favor offshore oil over wind power
Donald Trump is calling on the United Kingdom to abandon wind energy in favor of revitalizing offshore oil extraction, sparking debate over the economic and political implications of such an energy strategy after their recent trade agreement.
Mirova grants $10mn loan to EDF for solar projects in Africa
EDF will strengthen its off-grid platform in Africa with a $10mn loan from Mirova to expand electricity access to 5 million people by 2030.

European Nuclear: Germany Opens Up to France’s Energy Choices

The German government expresses openness toward French nuclear energy, promising a technologically neutral approach despite internal divisions over recognizing nuclear as a sustainable energy within the European Union.
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Trump Signs Four Major Executive Orders to Quadruple U.S. Nuclear Production
Donald Trump announces four executive orders to quadruple U.S. nuclear energy production within 25 years, radically accelerate regulatory approvals, secure enriched uranium supplies, and address the surging energy demands linked to artificial intelligence.
EDF lowers Coiselet dam level due to imminent geological risk
EDF partially drains the Coiselet dam reservoir in the Ain region after a landslide threat was identified that could compromise the hydro structure.

AES signs two deals to deliver 650 MW of solar to Meta data centres

AES will supply 650 MW of solar capacity to Meta through two long-term power purchase agreements in the United States, strengthening its position in the Southwest Power Pool market.
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Energy Estate acquires strategic energy complex in California to produce hydrogen
Australia’s Energy Estate has acquired the San Luis Industrial Complex, a California-based site backed by a $12.6bn public-private partnership aimed at accelerating green hydrogen production for industry and transport.
Boralex secures two 450 MW solar contracts in New York State
Boralex signed renewable energy certificate contracts with New York’s energy authority for two solar projects totalling 450 MW in capacity.

Europe commits €800bn to defence, destabilising strategic metals supply balance

The European rearmament plan intensifies pressure on critical metals supply chains, dominated by China, and in direct competition with other key industrial sectors.
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Madrid and Lisbon ask Brussels to accelerate electrical interconnection projects
Following the major electrical outage in April, the Spanish and Portuguese governments are urging the European Commission to expedite infrastructure development for electrical interconnections between the Iberian Peninsula and the broader European grid, currently considered insufficient.
Greencells signs 68.48 MWp EPC contract with Enray in the United Kingdom
German group Greencells strengthens its UK presence through an EPC and O&M agreement with Enray Power for a solar plant incorporating an energy storage system in North Yorkshire.

Iraq entrusts major energy project in Basra to Sino-Iraqi consortium

Iraq has signed a deal with China’s Geo-Jade and Hilal al-Basra to develop an integrated project combining oil, refining and electricity in the country’s south.
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US oil stocks rise despite strong refinery activity
US commercial crude oil inventories rose by 1.3 million barrels last week, defying market expectations, according to data published by the US Energy Information Administration.
Essequibo Oil Under Tension: Guyana Monitors Venezuelan Elections ##
As Venezuelan elections approach concerning the oil-rich disputed Essequibo territory, Guyana emphasizes increased vigilance, citing risks to its energy and territorial sovereignty amid Caracas' claims. ##

Europe Revives Industrial Hydrogen with Major Funding Despite Market Turbulence

The European hydrogen industry regains momentum after a challenging period, backed by significant funding and strategic consolidation among leading industrial players on the continent.
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Hydrogen Storage in Salt Caverns: Opportunities and Challenges for Industry
Engie validates hydrogen storage in salt caverns, opening a strategic market for industrial firms and energy producers facing the rise of renewable gases and the need to diversify technical solutions to meet increasing demand.
TVA files first construction permit for BWRX-300 SMR in the United States
Tennessee Valley Authority becomes the first US public utility to apply for a permit to build a BWRX-300 small modular reactor, with site works anticipated as early as 2026 at Clinch River.

GATE Energy and HD Hyundai join forces to expand global offshore offering

GATE Energy and HD Hyundai Heavy Industries have signed a memorandum of understanding to jointly pursue international offshore contracts, combining engineering, construction and commissioning capabilities.
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Urban Grid launches solar apiary in Virginia to strengthen its agrivoltaic model
Urban Grid sets up honey production at its Crystal Hill solar site, combining beekeeping and farming to trial new land management models.
UMOE receives US approval for 350-bar hydrogen storage trailers
UMOE Advanced Composites and its exclusive agent Celly H2 have received approval from the United States Department of Transportation to deploy their Type IV storage trailers in the American hydrogen distribution network.
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