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.
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.
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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.
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 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.
Solar growth in Central Europe has doubled that of the European Union since 2019, reshaping the energy mix and boosting battery manufacturing in the region.

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.
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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.
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 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.
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.
The Chief Executive Officer of TotalEnergies said that NextDecade would formalise on Tuesday a final investment decision for a new liquefaction unit under the Rio Grande LNG project in the United States.

MCatalysis secures funding to industrialise microwave catalysis technology from Oxford

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.
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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.
GE Vernova will cut 600 jobs in Europe, with the Belfort gas turbine site in France particularly affected, amid financial growth and strategic reorganisation.
In response to IAEA criticism, Iran has activated new advanced centrifuges, escalating its nuclear program and heightening tensions with Western powers.
EDF launches the construction of a biomass power plant in Ajaccio. This €800 million project aims to cover 20% of Corsica’s electricity consumption while reducing CO2 emissions by 65%.

The Heat Fund Maintained: A Victory for the Ecological Transition

The budget for the Heat Fund, threatened by budget cuts, will ultimately be preserved at 800 million euros in 2025, ensuring critical support for renewable heat projects in the regions.
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In Baku, wealthy nations pledge $300 billion annually by 2035 to assist vulnerable nations facing climate challenges. A promise deemed insufficient amid diplomatic tensions and an urgent climate crisis.
An oil spill from the TotalEnergies refinery in Donges polluted a 500 m² area of the Loire. Authorities and the company claim to have partially contained the incident while continuing environmental impact assessments.

France and Chile: An Ambitious Call to Protect the Oceans

Emmanuel Macron and Gabriel Boric launch the “Call of Valparaíso,” a joint initiative to protect marine ecosystems, combat plastic pollution, and promote an international agreement on marine biodiversity.
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At COP29, China refuses to agree to a climate financing proposal, deepening North-South tensions and threatening global objectives in the fight against climate change.
The restart of the Cordemais coal plant, planned to address the cold wave, has been halted by a strike. Workers oppose the scheduled closure and demand guarantees for their future.

Gazprom-OMV Dispute: A Test of Resilience for European Energy Diplomacy

A dispute between Gazprom and OMV disrupts Europe’s energy balance. Despite stable flows via Ukraine, legal and economic tensions increase the challenges of the European Union’s energy diplomacy.
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Tehran warns that the European resolution condemning its nuclear program at the IAEA risks severely disrupting relations with the UN agency ahead of a crucial vote.
Africa Oil Corporation increases its stake in Impact Oil & Gas to 39.5%, consolidating its investment strategy in the Orange Basin of Namibia, a key region for the oil sector.

COP29: 25 countries commit to ending the construction of new coal power plants

At COP29 in Baku, 25 nations, including the United Kingdom and Australia, pledged to stop building coal power plants. This initiative aims to curb global warming despite a 2% increase in global coal capacity in 2023.
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The COP29 negotiations highlight the critical stakes of energy diplomacy, where climate financing and fossil fuel commitments divide developed and developing countries.
Technip Energies, a key player in energy engineering, announces ambitious forecasts: over €8.6 billion in revenue by 2028 and strengthened diversification towards decarbonization and sustainable technologies.

Last Nuclear Waste Shipment: A Franco-German Commitment Fulfilled

The final shipment of vitrified nuclear waste between France and Germany has reached Philippsburg. This transfer concludes recycling contracts signed since 1977 with four German operators.
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A consortium of key players, led by HoloSolis, is developing a gigafactory in Hambach to produce 10 million solar panels annually, meeting European energy transition goals and strengthening French industrial sovereignty.
Under growing pressure to decarbonize, the world’s leading oil companies are heavily investing in biofuels, with 43 projects aiming to boost sustainable fuel production by the end of the decade.

France and Its “Urban Mines”: An Underutilized Potential for Metal Recycling

France, the European leader in metallic waste exports, struggles to exploit its recycling potential, particularly for copper, a key element in the energy transition, according to a report by Oliver Wyman.
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Tokamak Energy announces a $125 million funding round, marking a key step toward the commercialization of fusion energy and the development of high-temperature superconducting technologies. A strategic global collaboration to address energy challenges.
Suriname and China have signed an agreement to reschedule $475 million in debt, marking the first step in revitalizing the South American country's economy, which remains in crisis despite its vast oil reserves.