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Energy History

The inner dome of Haiyang 4 reactor successfully installed in China
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 raises $365mn for Maromba FPSO and secures drilling rig
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.

Vantage Drilling signs 260-day contract for the Platinum Explorer

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.
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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.
Permex signs agreement for potential $25mn funding with Chisos
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.

Anza secures over 2 GW of solar modules in 2025 amid new tax constraints

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.
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Orazul Energy launches cash tender offer for its 2027 notes
Orazul Energy Perú has launched a public cash tender offer for all of its 5.625% notes maturing in 2027, for a total principal amount of $363.2mn.
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.

AGCO signs 10-year deal with BRUC for solar supply in Europe

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.
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McDermott wins major contract for $25bn gas liquefaction unit in Louisiana
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.

Innergex secures 85 MW in France with six agrivoltaic solar projects

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.
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Altalto secures public funding for its UK waste-to-aviation fuel project
Altalto (Immingham) Limited receives backing from the UK government to integrate NEXTCHEM technologies into its sustainable aviation fuel project derived from municipal waste.
Guyana to tighten contractual framework for oil production
Re-elected president Irfaan Ali announces stricter production-sharing agreements to increase national economic returns.

Canada invests CAD5.8mn in three carbon capture projects in British Columbia

The Canadian government is funding three companies specialising in CO2 capture and utilisation, as part of a strategy to develop local technologies with high industrial value.
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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.
Italy and United States seal LNG partnership to secure European supply
The two countries agreed to develop infrastructure dedicated to liquefied natural gas to strengthen Europe's energy security and boost transatlantic trade.

OPEC+ approves 137,000 barrels/day increase starting in October

OPEC+ begins a new phase of gradual production increases, starting to lift 1.65 million barrels/day of voluntary cuts after the early conclusion of a 2.2 million barrels/day phaseout.
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Two sanctioned Russian LNG carriers deliver to China despite restrictions
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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Hitachi injects $1bn into transformer manufacturing to strengthen US grid interconnection
Baker Hughes to deliver geothermal equipment to Fervo Energy for 300 MW capacity
Brazil requests full membership in the International Energy Agency
Shell halts its biofuels plant in Rotterdam amid strategic trade-off
China redefines electric vehicle strategy around technological innovation
China Faces Looming Decline in Automotive Gasoline Demand
As electric vehicles now account for more than half of new registrations in China, domestic gasoline demand is showing tangible signs of slowing down, raising significant strategic questions for refiners, according to the Oxford Institute for Energy Studies.
Electric relay stations inaugurated between Avignon and Lille for road transport
Sanef, Engie and Ceva Logistics have launched in France a first corridor for electric trucks, structured like modern postal relays, aiming to improve the efficiency of long-distance transport.

Tesla sales drop by 36% in the EU in March

Tesla sales saw a significant drop in March, with a 36% decrease compared to the previous year, according to data from the European Automobile Manufacturers Association. The brand faces increased competition and the consequences of its image.
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Tesla falls 71% in Q1 amid political tensions
Tesla reported a sharp decline in its quarterly results, driven by weakened demand and an increasingly divisive political stance from CEO Elon Musk.
Elon Musk reduces his federal involvement after Tesla’s Q1 losses
Elon Musk will partially step back from his role in Donald Trump’s government commission to focus on Tesla, which has been impacted by declining quarterly results and tensions in several markets.

Towt maintains transatlantic line despite trade tensions with Washington

Havre-based shipowner Towt continues its sail-powered maritime operations between Le Havre and New York despite new US tariffs, while announcing fleet expansion to eight vessels by 2027.
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Polestar records 76% rise in sales in Q1 2025
Swedish automaker Polestar sold 12,304 vehicles in the first quarter of 2025, a notable increase despite an uncertain economic context.
Sinopec and CATL to launch 10,000 battery swap stations for electric vehicles
Sinopec and CATL have signed a strategic agreement to build 10,000 battery swap stations in China, marking a turning point in the country's electric mobility infrastructure.

Four operators to merge access to 11,000 fast-charging stations across Europe

Ionity, Fastned, Electra and Atlante will launch a joint platform this summer allowing drivers to access their fast-charging networks across 25 countries without additional formalities.
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Tesla plans to double its production in the United States by 2027
Elon Musk announced that Tesla will increase its electric vehicle production in the United States over the next two years. This statement comes as the company faces declining sales and stock market volatility.
Hybrid cars dominate sales in Europe in January 2025
In January 2025, hybrid vehicle registrations in Europe reached 34.9% of the market, surpassing petrol models at 29.4%, according to the European Automobile Manufacturers Association (ACEA).

Italy opens an investigation into the range of electric vehicles from BYD, Stellantis, Tesla, and Volkswagen

The Italian competition regulator has launched an investigation into the information provided by BYD, Stellantis, Tesla, and Volkswagen regarding the range and battery warranty of their electric vehicles.
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Imerys aims for green light on lithium pilot plant before summer
Industrial minerals group Imerys plans to approve the investment for a lithium ore processing pilot plant in Échassières before summer 2025. Meanwhile, the company is seeking industrial and financial partners to support this strategic project.
Electric Flying Taxis: Strategic Partnership Between Volocopter and a French Company
Volocopter, a major player in air mobility, partners with a French company to deploy electric flying taxis in Paris. This strategic partnership aims to transform urban mobility while addressing the economic challenges linked to technological transition.

U.S. State Department Reverses Decision on $400 Million Tesla Contract

The U.S. State Department has revised a document announcing a $400 million contract for the purchase of armored electric vehicles from Tesla. Elon Musk’s company ultimately did not receive any official contract, despite a strong market reaction.
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3 billion euros invested in the deployment of fast charging stations in France
France announces a 3 billion euro investment to accelerate the installation of fast charging stations for electric vehicles, aiming to meet growing demand and support the energy transition.
Eiffage Énergie Systèmes to Deploy 1,050 Charging Stations for GRDF by 2029
Eiffage Énergie Systèmes has signed an agreement with GRDF for the installation and maintenance of 1,050 charging points for its electric fleet. Spread across 126 sites, these facilities will be deployed over five years, with a commitment to high availability and rapid maintenance.

The EU Faces Automobile Electrification Challenges: Emergency Measures for the Industry

The European Union is taking action to support the European automotive industry in the face of increasing competition from China and the need for vehicle electrification, promising emergency measures and flexibilities to preserve jobs and competitiveness.
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New European Environmental Score Rules Reshape the Automotive Industry
Stricter environmental score criteria are imposing strategic changes on manufacturers, favoring local production and redefining the dynamics of the electric vehicle market in Europe.
Germany Reports a 27 Percent Drop in Electric Car Sales in 2024
In 2024, electric car sales dropped by 27%, reflecting the impact of subsidy cuts and regulatory pressures in a Germany seeking solutions to revive its automotive industry.