Sonatrach has concluded a new partnership with TotalEnergies, including a liquefied natural gas supply contract through 2025, amid a strategic shift in energy flows towards Europe.
The global geothermal market is set to double within a decade, driven by technological advances, stronger regulatory support and growing international funding.

Adnoc strengthens ties with China through new energy deals in Shanghai

Adnoc signed multiple agreements with Chinese groups during CIIE, expanding commercial exchange and industrial cooperation with Beijing in oil, gas and petrochemical materials.
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Africa's first wind project led by a Chinese company, the De Aar plant generates 770 million kWh annually and focuses on developing local talent.
The Idaho National Laboratory has started irradiation testing on uranium-zirconium fuel samples from Lightbridge in its experimental reactor, marking a key step toward the industrial validation of advanced nuclear fuel.

NexGen begins final federal hearings for the Rook I nuclear project

NexGen Energy has opened Canadian Nuclear Safety Commission hearings for the final approval of its Rook I uranium project, following more than six years of regulatory process.
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Cenovus Energy completed a $2.6bn cross-border bond issuance and plans to repurchase over $1.7bn in maturing notes as part of active debt management.
Group1 and Michigan Potash & Salt Company have signed an agreement to create a domestic potassium-based battery supply chain, relying on local mining and production free from critical metals.

Exxon Mobil takes 40% stake in Bahia pipeline project

Exxon Mobil will acquire a 40% stake in the Bahia pipeline and co-finance its expansion to transport up to 1 million barrels per day of natural gas liquids from the Permian Basin.
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Alaska is set to record its highest oil production increase in 40 years, driven by two key projects that extend the operational life of the TAPS pipeline and reinforce the United States' strategic presence in the Arctic.
TotalEnergies increases its stake to 90% in Nigeria’s offshore block OPL257 following an asset exchange deal with Conoil Producing Limited.

Oklo signs contract with Siemens Energy for Aurora’s power conversion system

Oklo has signed a binding agreement with Siemens Energy to accelerate manufacturing of the energy conversion system for its first advanced nuclear power plant in the United States.
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Avangrid has obtained the final regulatory approval for the NECEC project, a 1,200-megawatt cross-border transmission line connecting Québec hydropower to New England.
The German group is concentrating its industrial investments on Grid Technologies to expand capacity in a strained market, while maintaining an ambitious shareholder return programme.

India’s solar industry enters critical phase of forced consolidation

Facing massive overcapacity, US tariff pressures and rapid technological change, India's solar module sector is preparing for major industrial restructuring dominated by a few integrated groups.
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State-owned Chinese group Datang commissions a project combining renewable energy and green hydrogen within a coal-to-chemicals complex in Inner Mongolia, aiming to reduce stranded asset risks while securing future industrial investments.
Möhring Energie Group commits to a green hydrogen and ammonia production project in Mauritania, targeting European markets from 2029, with an initial capacity of 1 GW.

Lula advocates for unconstrained fossil fuel phase-out amid tensions at COP30

The Brazilian president calls for a voluntary and non-binding energy transition during COP30 in Belém, avoiding direct confrontation with oil-producing countries.
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SPIE Wind Connect has been selected by DEME Offshore to carry out all connection and high-voltage cable testing work for the 3.6 GW Dogger Bank offshore wind project off the UK coast.
Enerfip completes its first external growth operation by acquiring Lumo from Société Générale, consolidating its position in France’s energy-focused crowdfunding market.
German group Nordex will supply three turbines to developer BMR for a 21 MW project in North Rhine-Westphalia, bringing BMR's total orders to nearly 110 MW in 2025.
The number of active drilling rigs in the continental United States continues to decline while oil and natural gas production reaches historic levels, driven by operational efficiency gains.

ACEnergy secures approval for 500 MW battery project in Bouldercombe

ACEnergy’s Central BESS project has been approved with a $3.6mn benefit-sharing plan for local and Indigenous communities.
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Sonatrach awarded Chinese company Sinopec a contract to build a new hydrotreatment unit in Arzew, aimed at significantly increasing the country's gasoline production.
Gathered in Belém, states from Africa, Asia, Latin America and Europe support the adoption of a timeline for the gradual withdrawal from fossil fuels, despite expected resistance from several producer countries.

CGN activates Zhaoyuan to bypass US restrictions and secure its Hualong One reactors

The launch of the Zhaoyuan nuclear project anchors the Hualong One model inland, illustrating Beijing’s strategy of regulatory normalisation in response to Western technological restrictions.
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TRISO-X has started above-ground works on the first U.S. facility dedicated to manufacturing fuel for small modular reactors, marking a key industrial milestone in the deployment of the Xe-100.
The first Russian test rig for the experimental ITER reactor has been delivered to the site in France, marking a major milestone in the international collaboration on nuclear fusion.

Allseas’ nuclear concept could inject EUR130bn into Dutch economy by 2050

A strategic report reveals the industrial and energy potential of Allseas’ offshore small modular reactor, which could create up to 40,000 jobs and reduce investment in the power grid.
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The American major could take over part of Lukoil’s non-Russian portfolio, under strict oversight from the U.S. administration, following the collapse of a deal with Swiss trader Gunvor.
The E3 and the United States submit a resolution to the IAEA to formalise Iran's non-cooperation following the June strikes, consolidating the legal basis for tougher energy and financial sanctions.

Lukoil shuts down 430 petrol stations in Finland under US sanctions pressure

Finnish fuel distributor Teboil, owned by Russian group Lukoil, will gradually cease operations as fuel stocks run out, following economic sanctions imposed by the United States.
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Shell sells a 50% stake in Tobermory West of Shetland to Ithaca Energy, while retaining operatorship, reinforcing a partnership already tested on Tornado, amid high fiscal pressure and regulatory uncertainty in the North Sea.
Russian company Novatek applied major discounts on its liquefied natural gas cargoes to attract Chinese buyers, reviving sales from the Arctic LNG 2 project under Western sanctions.

Japan approves partial restart of Kashiwazaki-Kariwa nuclear power plant

Niigata’s governor is expected to approve the restart of one reactor at the Kashiwazaki-Kariwa plant, inactive since the Fukushima accident, reviving a strategic asset for Japan’s energy sector.
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French hydrogen producer Lhyfe will deliver over 200 tonnes of RFNBO-certified hydrogen to a heavy mobility operator under a multi-year contract effective since 1 November 2025.
French renewable energy producer Neoen has signed an agreement with Plenitude to sell 52 assets totalling 760 MW of capacity on the French market.

Plug Power to supply 55 MW of electrolyzers for three green hydrogen projects in the United Kingdom

Plug Power was selected by Carlton Power to equip three UK-based projects totalling 55 MW, under an agreement subject to a final investment decision expected by early 2026.
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Q ENERGY is simultaneously conducting the repowering and extension of its wind farm in Aude, with commissioning scheduled for late 2026 and a production goal equivalent to the consumption of 45,000 people.
A national tool led by ADEME lists agrivoltaic installations across France to support their regulatory oversight, as the sector sees rapid growth following the 2023 law.

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