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.

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.
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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.
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 pulls capital from the UK and commits £3bn investments in the US

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.
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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.
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 completes installation of 109 cables at Sofia offshore wind farm

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.
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Altalto (Immingham) Limited receives backing from the UK government to integrate NEXTCHEM technologies into its sustainable aviation fuel project derived from municipal waste.
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 create a joint venture to deploy a maritime electric charging network in over 30 Asian ports by 2030, without requiring initial public investment.
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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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 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 ends construction of its biofuels plant in the Netherlands, citing low competitiveness, while reinforcing its oil activities, raising questions over its previous energy commitments.
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.
At COP 26, the EU and some European nations granted a loan of $8.5 billion to South Africa. The ministers will meet in the coming days to discuss an investment plan, aimed at accelerating the country's energy transition, which depends mainly on coal.
MG, a Chinese brand, has presented its new electric car. This one, the MG4, is intended for European markets.

DP Energy launches an Inquiry for Inis Ealga

DP Energy plans to conduct a geophysical survey as part of its Inis Ealga Marine Energy Park project.
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In the UK, Centrica, the largest UK energy supplier, is considering a voluntary cap on profits. The company wants to support households, which have been heavily impacted by the price hike.
EnQuest wants to increase oil and gas drilling in the North Sea. This would guarantee supply to the United Kingdom. However, this is not the view of environmental groups. They want to accelerate the development of renewable energies.

Hornsea 2 is fully operational

Orsted announces that its UK offshore wind project, Hornsea 2, is fully operational. It has a capacity of 1.3 GW and supplies 1.4 million homes.
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The energy crisis continues. Europe is therefore looking for solutions to ensure its supply and protect its industry. EU energy ministers will meet on September 9 to seek solutions.
Air Products is working with the ABP to develop renewable hydrogen in the UK and support its energy transition.

Norway Delivers Record Gas Volumes

Norway intends to increase its gas deliveries to Europe. It expects to deliver record volumes.
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Russia is benefiting from soaring energy prices. Despite Western sanctions and reductions in export volumes, Russia earned 158 million euros between February 24 and August 24, 2022.
Russia announces the closure of Nord Stream 1 for an indefinite period. The fear of a shortage worries Europe, which is looking for alternatives.

Norway exports more gas to Europe

Norway is increasing its gas exports to Europe and the UK. It delivered 9.5 billion m3 in August.
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Moscow announces the closure of Nord Stream 1. The Kremlin blames Western sanctions for the situation.
Europe is going through a serious energy crisis. The EU is now considering a reform of the European energy market. Proposals are expected to be submitted on September 14.

The G20 wants to accelerate the Energy Transition

G20 energy ministers disagree. However, all are committed to accelerating the energy transition. They intend to stimulate investments in this direction.
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The G7 wants to introduce a cap on the price of Russian oil. He encourages other countries to participate in this initiative.
Exxon Mobil Corp and Shell PLC are in advanced talks to divest the California oil operation Aera.

B. Johnson announces £700 million for Sizewell C

Boris Johnson announces £700 million in government funding for Sizewell C nuclear power plant
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The wind turbines for the Inch Cape wind farm in Scotland will be prefabricated in the port of Dundee. It will be the largest wind farm in the country.
The energy crisis continues. Europe, which could experience a gas shortage this winter, is worried about a further reduction in Russian gas flows. However, it is working hard to find alternatives and to replenish its inventory in order to cope.