United States

GE Vernova will cut 600 jobs in Europe, with the Belfort gas turbine site in France particularly affected, amid financial growth and strategic reorganisation.
Vantage Drilling has finalised a major commercial agreement for the deployment of the Platinum Explorer, with a 260-day offshore mission starting in Q1 2026.

Hydrogen surpasses USD110 billion in committed investments across more than 500 projects

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.
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Permex Petroleum has signed a non-binding memorandum of understanding with Chisos Ltd. for potential funding of up to $25mn to develop its oil assets in the Permian Basin.
Platform Anza surpassed its 2024 volume in just eight months, responding to developers’ urgency to secure projects ahead of regulatory and fiscal changes expected in 2026.

Eos Energy launches DawnOS to optimise storage system management

Eos Energy rolls out DawnOS, a U.S.-developed control software platform designed to maximise performance and security across Eos Z3 storage systems.
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US-based AGCO has signed a ten-year virtual power purchase agreement with BRUC, covering a 100 MW solar project in Spain, to secure part of its European energy consumption.
Monkey Island LNG has awarded McDermott the design of a gas terminal with a potential capacity of 26 MTPA, using a modular format to increase on-site output density and reduce execution risks.

SOLV Energy strengthens infrastructure capabilities with two strategic acquisitions

SOLV Energy expands its nationwide services in the United States with the acquisitions of Spartan Infrastructure and SDI Services, consolidating its presence across all independent power markets.
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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.
Altalto (Immingham) Limited receives backing from the UK government to integrate NEXTCHEM technologies into its sustainable aviation fuel project derived from municipal waste.

French and Belgian nuclear industry groups sign strategic cooperation agreement

The Groupement des Industriels Français de l'Énergie Nucléaire and the Belgian Nuclear Forum formalise a partnership aimed at strengthening industrial exchanges and joint projects between the two countries’ nuclear sectors.
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The two countries agreed to develop infrastructure dedicated to liquefied natural gas to strengthen Europe's energy security and boost transatlantic trade.
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.

Iran seeks to revive oil production amid threat of renewed sanctions

Ayatollah Ali Khamenei calls for modernising the oil industry and expanding export markets as Tehran faces the possible reactivation of 2015 nuclear deal sanctions.
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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.
Slovenia’s JEK2 project moves forward with two nuclear technologies judged technically compatible, estimated between EUR9.31bn ($10.1bn) and EUR15.37bn ($16.66bn).

Canadian Solar launches low-carbon modules reaching 285 kg COâ‚‚eq/kW

Canadian Solar unveils its new low-carbon solar modules integrating heterojunction cells and thinner wafers, achieving up to 24.4% efficiency and a peak power output of 660 Wp.
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Elmya Energy and Atlantica Sustainable Infrastructure have created a joint venture targeting 4 GW of renewable energy projects in the United States, focused on the ERCOT and WECC markets.
Tokenised asset platform Plural secures $7.13mn to accelerate financing of distributed infrastructure including solar, storage, and data centres.
Baghdad and Damascus intensify discussions to reactivate the 850 km pipeline closed since 2003, offering a Mediterranean alternative amid regional tensions and export blockages.
The Emirati logistics giant posts 40% revenue growth despite depressed maritime freight rates, driven by Navig8 integration and strategic fleet expansion.

Melvan secures €4.26mn for three photovoltaic projects in France

Melvan obtains €4.26mn in bank financing to develop three solar power plants totalling 3.9 MWp, with construction scheduled to start in the second half of 2025.
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The US liquefied natural gas producer is extending its filing deadlines with the regulator, citing ongoing talks over additional credit support.
Google invests in Italy’s Energy Dome to deploy in Oman a long-duration CO₂-based storage solution, in partnership with Takhzeen Oman and the sovereign wealth fund Oman Investment Authority.

International Petroleum buys back 98,900 shares under its 2025 programme

International Petroleum Corporation repurchased 98,900 common shares between August 4 and 8, 2025, as part of its ongoing share buyback programme.
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Eco Wave Power has completed the full installation of its wave energy system at the Port of Los Angeles, paving the way for initial operational tests scheduled for September.
Radiant has signed an agreement with the Department of the Air Force and the Defense Innovation Unit to supply a portable nuclear microreactor, marking a first in mass production for military use.

Zeo Energy completes acquisition of Heliogen to boost long-duration storage

Zeo Energy has completed the acquisition of Heliogen, creating a new division dedicated to long-duration energy generation and storage for commercial and industrial markets.
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Jersey Central Power & Light is investing in a programme to strengthen power lines and electrical equipment to improve service reliability for more than 3,600 customers in eight New Jersey communities.
The next-generation solar cell market will grow by 15.73% annually by 2031, driven by diversified uses in residential, industrial, and aerospace sectors.

The global microgrid market is expected to reach $116.5bn by 2032

Driven by rising demand for energy resilience, the global microgrid market is projected to grow by 15.6% annually between 2025 and 2032, according to SkyQuest Technology Consulting.
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Vantage Drilling has sold the Tungsten Explorer drilling vessel to a joint venture with TotalEnergies, while retaining its operational management for a minimum period of ten years.
The American manufacturer is seeking a licence from the UK energy regulator to distribute electricity in the United Kingdom, marking its first move into this sector outside Texas.

CATL Suspends Lithium Mine in China : Prices Surge 8%

The suspension of Jianxiawo mine after its mining permit expired removes 65,000 tonnes of annual production from the saturated global market.
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The Gravelines nuclear power plant, the largest in Western Europe, halted all production after its cooling systems were obstructed by an unexpected influx of jellyfish. EDF plans a gradual restart in the coming days.
Washington launches antidumping procedures against three Asian countries. Margins up to 190% identified. Final decisions expected April 2026 with major supply chain impacts.

Entech signs €5mn contract for storage system in Loire-Atlantique

Entech will deliver a 20 MWh battery storage system in Loire-Atlantique under an agreement that includes a twenty-year maintenance contract.
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OPEC+ oil production fell to 41.65 million barrels per day in July 2025, reveals S&P Global's Platts survey, as Saudi Arabia normalizes production after June's Iran-Israel tensions.
BP and Fortescue withdrawals reveal gap between promises and economic reality in the sector, despite 22.7 billion Australian dollars in government incentives.