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.
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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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.
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.

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.
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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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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.
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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GE Vernova will cut 600 jobs in Europe, with the Belfort gas turbine site in France particularly affected, amid financial growth and strategic reorganisation.
Canadian developer Innergex has won all six projects of the Grenier des Essences portfolio for a total of 85 MW, strengthening its position in France’s ground-mounted solar sector.
The Düsseldorf court has rejected Rosneft’s lawsuit against Shell’s sale of its stake in the Schwedt refinery, marking a key step in the restructuring of German energy assets.
Eight deputies and senators from Loire-Atlantique are calling on Emmanuel Macron to reverse the decision to close the Cordemais coal power plant by 2027, accusing the government of breaking its environmental commitments.

Iberdrola: net profit up 19% in the third quarter despite a drop in revenue

Iberdrola posted a 19% increase in its net profit for the third quarter of 2024, reaching €1.34 billion, despite a decline in electricity production, except in renewable energies.
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France assures it has the necessary infrastructures to meet its gas needs this winter while supporting its European neighbors, despite potential drops in temperatures.
The Gabon Oil Company (GOC) strengthens its position in the oil sector by purchasing 15% of Baudroie shares, previously owned by TotalEnergies. This acquisition aims to increase national production.

Scotland: The Neart na Gaoithe Offshore Wind Farm Generates its First Megawatts

The Neart na Gaoithe offshore wind farm, located off the coast of Scotland, has injected its first megawatts of electricity into the national grid, a major step towards the UK's carbon neutrality.
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Germany is launching a 9,040 km hydrogen network, aiming to accelerate the energy transition. About 60% of the infrastructure will be converted from natural gas pipelines. The total cost is estimated at 18.9 billion euros, with progressive commissioning until 2032.
The UK launches a plan to modernize its energy infrastructure, aiming to accelerate the transition to renewable energy and reduce costs by 2050, with a focus on offshore wind, hydrogen, and energy storage.

WTI Midland Oil Becomes Too Light: A Challenge for Refineries and Markets

WTI Midland crude from the Permian Basin has become too light for refining infrastructure, posing significant challenges for producers and refineries. This directly impacts margins and international demand.
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Serbia continues talks with Rosatom to lift the ban on nuclear energy in place since 1989 and explores opportunities in modern nuclear technologies.
Orano creates two sharing groups dedicated to fast neutron reactors in France. These groups bring together the main designers of advanced modular reactors, aiming to develop sustainable nuclear fuel solutions.

France Unveils Its Multi-Year Strategy to Finance the Ecological Transition

The French government presents its first multi-year strategy aimed at increasing low-carbon investments by €110 billion by 2030, thereby supporting the country's ecological and energy transition.
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Members of the European Nuclear Energy Alliance have called on the upcoming European Commission to recognize the role of nuclear and renewables in Europe's decarbonization between 2024 and 2029.
Lhyfe Begins Construction of Its Largest French Renewable Hydrogen Site in Auvergne-Rhône-Alpes, Doubling Its Production Capacity and Strengthening Its Presence in Europe.

France Publishes Offshore Wind Deployment Map by 2035 and 2050

The French government unveils its strategy to increase offshore wind capacity, targeting 18 GW by 2035 and 45 GW by 2050, through an ambitious call for tenders covering all maritime fronts.
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Octopus Energy has launched "Project Mercury" in London to establish technical standards for integrating smart energy devices globally.
Ohmium and SwitcH2 Have Finalized the Development of a 300 MW Green Ammonia Floating Production Project off Southern Europe

Tunnel under the English Channel: Getlink Still Weighed Down by Its Electric Cable Activity

Getlink reports stable Q3 revenue despite a significant decline linked to the suspended ElecLink activity. The company relies on its traditional services to offset losses.
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Approximately 200 GE Vernova employees gathered in Nantes to protest job cuts at two sites in Loire-Atlantique, expressing their concerns about the future of offshore wind energy in France.
The CEO of TotalEnergies, Patrick Pouyanné, calls for a balanced energy transition, criticizing alarmist approaches and emphasizing the need to reconcile economic development with investment in decarbonized energies.