United States

Eolian and Natixis close $463mn financing for largest storage project in Texas

The Padua Complex will deliver 400 MW/1.8 GWh capacity with Tesla's support, at a strategic node of the Texas grid, following legislative action to strengthen energy reliability.

Salt River Project launches 50 MWh storage pilot with ESS in Arizona

Salt River Project will partner with ESS to install a 50 MWh long-duration energy storage system in Pinal County as part of its capacity expansion plan to meet rising demand.

Croatia targets Russian stake in NIS to maintain oil flows

JANAF is interested in acquiring a 20 to 25% stake in NIS, as the Russian-owned share is now subject to US sanctions.
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Venture Global sinks 20% after legal defeat to BP over LNG contract dispute

US LNG producer Venture Global saw its market value drop sharply after an arbitral ruling in favour of BP reignited concerns over ongoing contractual disputes tied to the Calcasieu Pass project.

Washington targets Iranian oil with new sanctions on phantom fleet

The US Treasury Department has imposed sanctions on more than 50 entities linked to Iranian oil exports, targeting Chinese refineries and vessels registered in Asia and Africa.

Namibia and McDermott join forces to train future oil workforce

The Namibian government signed an agreement with McDermott to strengthen local skills in offshore engineering and operations, aiming to increase oil sector local content to 15% by 2030.
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Durapower and Kıvanç partner to manufacture lithium-ion batteries for the US market

Singapore’s Durapower and Turkish industrial firm Kıvanç have signed an agreement to form a joint battery production venture targeting growing North American demand.

T1 Energy takes stake in Talon to expand solar manufacturing in the United States

T1 Energy invests in private solar cell manufacturer Talon PV to support industrial expansion of the U.S. solar sector and address rising grid demand.

Exxon restarts catalytic cracking unit in Beaumont after technical failure

The 120,000-barrel-per-day catalytic cracking unit at the Beaumont site resumed operations after an unexpected shutdown caused by a technical incident earlier in the week.
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Tesla targeted by federal probe over its Full Self-Driving system

The US road safety agency is reviewing nearly 2.9 million Tesla vehicles equipped with the FSD system, following dozens of reported incidents involving traffic violations and several accidents.

Washington authorises Trinidad and Tobago to explore Dragon gas field with Caracas

The United States has granted Trinidad and Tobago a special licence to resume negotiations with Venezuela on the Dragon gas field, partially lifting restrictions imposed on the Venezuelan energy sector.

Holtec cancels nuclear storage project in New Mexico

Holtec International has ended its planned interim nuclear storage facility in New Mexico, citing ongoing legal hurdles and political deadlock over spent fuel management.
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Washington threatens sanctions against countries supporting global maritime carbon tax

The United States has threatened economic sanctions against International Maritime Organization members who approve a global carbon tax on international shipping emissions.

Fermi America secures firm gas supply from Energy Transfer for HyperGrid campus launch

Fermi America has signed an agreement with Energy Transfer to secure a firm natural gas supply for powering Phase One of its HyperGrid energy campus, dedicated to artificial intelligence, near Amarillo, Texas.

University of Texas maps geologic hydrogen to assess commercial potential

A two-year project aims to identify areas in Texas suitable for natural hydrogen exploitation, despite challenges related to infrastructure, public policy and economic viability.
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Google signs wind energy deal with Eneco for its Belgian data centre

Google has signed a power purchase agreement with Eneco to supply its Belgian data centre with wind energy from three wind farms totalling 54 MW.

US sanctions hit NIS, a key player in Serbia’s oil market

Serbian oil company NIS, partially owned by Gazprom, faces newly enforced US sanctions after a nine-month reprieve, testing the country's fuel supply chain.

Used oil imports multiply twentyfold under pressure from biofuels

Global demand for biofuels is driving a sharp increase in used oil imports to Europe and the United States, straining global feedstock supply chains, according to the International Energy Agency.
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Oversupply pushes natural carbon credit price to 2025 low

The price of nature-based carbon credits dropped to $13.30/mtCO2e in October as a 94% surge in September issuances far outpaced corporate demand.

Chevron opens new tech hub in Bengaluru to support global projects

Chevron India expands its capabilities with a 312,000 sq. ft. engineering centre in Bengaluru, designed to support its global operations through artificial intelligence and local technical expertise.

EDP Renovaveis sees profit drop 56% despite increase in wind power production

The renewable division of Energias de Portugal (EDP) reported a sharp decline in first-half net profit due to a marked reduction in gains from asset sales, while electricity production and revenue increased.

Qatar threatens to cut gas to Europe over climate requirements

Qatar rejects EU climate transition obligations and threatens to redirect its LNG exports to Asia, creating a major energy dilemma.

Slovenské elektrárne signs a contract with Urenco for enriched uranium supply

Slovenské elektrárne has signed an agreement with Urenco for the purchase of enriched uranium for the Bohunice and Mochovce nuclear power plants, strengthening the diversification of its supply sources until the mid-2030s.
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Stonepeak launches JouleTerra to develop strategic energy sites across Europe

Stonepeak announces the creation of JouleTerra, a platform dedicated to the aggregation and management of grid-connected land, aimed at supporting the deployment of renewable energy infrastructure throughout the European continent.

ENEC seals new strategic nuclear deals with Hyundai E&C and Westinghouse

Emirates Nuclear Energy Company signs two major agreements with Hyundai Engineering & Construction and Westinghouse, strengthening its position in the global civil nuclear market and paving the way for new international industrial opportunities.

Eco Wave Power installs its first wave energy floaters at the Port of Los Angeles

Eco Wave Power has completed the installation of floaters for its pilot project in Los Angeles, marking a strategic milestone in the validation and commercialisation of its wave energy technology in the US market.
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Shell restructures five U.S. solar projects through joint venture with Ares

Savion, a Shell subsidiary, transfers majority ownership of five solar projects to Tango Holdings, 80% owned by Ares, to optimise the U.S. renewable electricity production portfolio and improve the profitability of the oil group’s investments.

Baker Hughes finalises $13.6bn deal to acquire Chart Industries ahead of Flowserve

Baker Hughes is set to acquire Chart Industries for $13.6bn, surpassing Flowserve’s offer and ending the previously announced merger between Chart and Flowserve, according to sources close to the matter.

New York launches first selection for one gigawatt of energy storage

The State of New York is launching a major competition to deploy one gigawatt of energy storage, a key step in its roadmap to strengthen grid reliability and optimise costs.
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Air Liquide accelerates growth in the first half of 2025 with a record investment backlog

The French group posted higher sales and profitability while setting a new record for its investment backlog, driven by the electronics and energy transition sectors.

US sanctions against NIS: Serbia secures a fifth 30-day reprieve

Serbia has secured a new 30-day reprieve from the application of US sanctions targeting NIS, operator of the country’s only refinery, which is majority owned by Gazprom.

Is Europe replacing Moscow with Washington in its energy dependence

The EU-US agreement could create a higher energy concentration than that of Russia before 2022, threatening the European diversification strategy.
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EU–US energy deal faces global market realities

The European commitment to purchase $250bn of American energy annually raises questions about its technical and economic feasibility in light of limited export capacity.

Agilitas Energy acquires 12.5 MW solar project in Rhode Island to strengthen its portfolio

Agilitas Energy announces the acquisition of a 12.5-megawatt solar project in North Smithfield, aiming to power more than 2,500 homes and provide full energy credits to commercial and institutional customers in Rhode Island.

Global geothermal investments projected to reach $13.56bn by 2030

The rise in investments and the boom in binary cycle technologies are placing geothermal energy at the heart of global energy strategies, driven by heat pump demand and Asian ambitions.
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Inlyte Energy launches 4 MWh iron-sodium battery to boost resilience in California

A 4 MWh iron-sodium energy storage system will be deployed in Sonoma County, supporting a critical evacuation zone and reducing diesel reliance in the face of increasing wildfire risks.

CenterPoint Energy launches $53 billion plan to strengthen Houston’s grid and interconnection

CenterPoint Energy plans to hire nearly 800 specialised technicians and launch a training programme to support more than $53 billion in investments in the Greater Houston area’s electric interconnection network by 2030.

First Hydrogen strengthens its partnership with the University of Alberta to accelerate SMRs

First Hydrogen expands its collaboration with the University of Alberta to optimise small modular nuclear reactor design and support green hydrogen development amid the growth of artificial intelligence data centres.
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The rapid decline in methane emissions in the Permian disrupts the oil sector

The Permian Basin has seen a drop of over 50% in methane emissions intensity over two years, according to S&P Global Commodity Insights, illustrating the impact of advanced technologies and enhanced operational management.

Explosion at Pascagoula refinery: Chevron targeted by lawsuit after five seriously injured

Five employees injured in an explosion at the Pascagoula refinery are suing Chevron for negligence, seeking significant compensation and alleging major breaches of safety regulations.