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.
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 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.
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.
Russia plans to ship 2.1 million barrels per day from its western ports in September, revising exports upward amid lower domestic demand following drone attacks on key refineries.
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.
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.
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 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.
Nigeria’s two main oil unions have halted loadings at the Dangote refinery, contesting the rollout of a private logistics fleet that could reshape the sector’s balance.
The steel dome of the CAP1000 Haiyang 4 reactor has been positioned, a major construction milestone paving the way for upcoming maintenance and technical installation phases.
BW Energy has finalised a $365mn financing for the conversion of the Maromba FPSO offshore Brazil and signed a short-term lease for a drilling rig with Minsheng Financial Leasing.
Over 500 hydrogen projects are now under construction or operational worldwide, with total committed investments reaching USD110 billion, representing an increase of USD35 billion in one year.
Altalto (Immingham) Limited receives backing from the UK government to integrate NEXTCHEM technologies into its sustainable aviation fuel project derived from municipal waste.
The Voskhod and Zarya vessels, targeted by Western sanctions, departed China’s Beihai terminal after potentially offloading liquefied natural gas from the Arctic LNG 2 project.
The Indian conglomerate Adani suffered a record loss on the stock market after the indictment of Gautam Adani in the United States, accused of paying $250 million in bribes for solar projects in India.
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.
Tata Power and Druk Green Power Corp announce a 5 GW project comprising hydropower, pumped storage, and solar energy, enhancing regional energy security and addressing the energy needs of both India and Bhutan.
GUS Technology and Toshiba Corporation have reached an agreement to develop lithium-ion batteries using niobium titanium oxide (NTO), with a market launch targeted for 2025.
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.
The United States and European nations have presented a resolution at the IAEA condemning Iran for failing to fully cooperate on its nuclear program. Tehran warns of repercussions following this decision.
Amid international tensions and limited progress in Baku, France stresses the importance of reaffirming the goal of phasing out fossil fuels, highlighting crucial financial and climate stakes for the future.
Fidra Energy and Sungrow announce a strategic partnership to develop two energy storage projects totaling 4.4 GWh in the UK, supporting the energy transition.
Mitsui O.S.K. Lines (MOL) and Kansai Electric Power Company (KEPCO) collaborate to develop secure and optimized maritime transport of liquefied hydrogen, a crucial step toward a low-carbon energy supply chain.
Octopus Energy, in partnership with Skyborn Renewables, qualifies for the ninth offshore wind tender in France. This collaboration marks a significant milestone for Octopus in its international renewable energy expansion.
As the UK’s oil and gas decommissioning expenses reach record levels, the industry struggles to meet its obligations, raising concerns about the viability of the energy transition.
India's oil product consumption grew by 3% in October, marking a recovery after the monsoon season, driven by diesel demand and robust vehicle sales during the festive season.
At COP29, Japan aligns with the EU on climate finance contributions and adopts a measured approach to the Carbon Border Adjustment Mechanism (CBAM), while reviewing its long-term energy objectives.
Amcor and Power Roll join forces to launch a lightweight, flexible, and cost-effective photovoltaic film, offering an innovative alternative to traditional solar panels and paving the way for sustainable energy solutions.
DAS Solar, a Chinese company, will open its first European factory in the Doubs region in 2024, creating 450 to 600 jobs as part of a strategic €109 million investment.
Solarvest and Finhero launch a solution to streamline access to solar project financing for Vietnamese businesses, addressing specific financial needs.
China is massively investing in Brazil's energy sector, with structural projects in electricity production and transmission, accelerating economic development and integrating the country's power networks.
At COP29 in Baku, NGOs criticized the G20 for lacking leadership on energy transition. Despite progress on climate finance, the absence of commitments on fossil fuels provoked sharp disappointment.
