Vena Energy has begun construction of a 408 MWh battery energy storage system in Tailem Bend, marking a new phase in the deployment of its infrastructure in Australia.
Shell will restart offshore exploration on Namibia’s PEL 39 block in April 2026 with a five-well drilling programme targeting previously discovered zones, despite a recent $400mn impairment.

Vena Group secures international financing for its 300 MWp solar plant

Vena Group has finalised a landmark foreign currency financing for its Opus solar project in the Philippines, marking a major milestone for cross-border investments in energy.
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Technip Energies has secured a detailed engineering contract for a carbon capture and storage project led by PTTEP, marking a key industrial milestone in the Gulf of Thailand.
RESourceEU introduces direct European Union intervention on critical raw materials via stockpiling, joint purchasing and export restrictions to reduce external dependency and secure strategic industrial chains.

China shifts mining capital to Russia to bypass Western restrictions

China reduces its mining presence in Canada and Greenland, constrained by hostile regulatory frameworks, and consolidates public investments in Arctic Russia to secure strategic supplies.
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Gasunie Netherlands and Gasunie Germany have selected six industrial suppliers under a European tender to supply pipelines for future natural gas, hydrogen and CO₂ networks.
Norwegian Nuclear Decommissioning is surveying 22 localities to assess their interest in hosting storage facilities for radioactive waste from the country’s former research reactors.

Washington delays 2026 RFS quotas and reignites uncertainty in the RINs market

The US administration is delaying the publication of the 2026 Renewable Fuel Standard quotas, bundling several sensitive issues into a single negotiation that extends regulatory and contractual instability for refining and biofuel sectors.
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The ban on Russian liquefied natural gas requires a legal re-evaluation of LNG contracts, where force majeure, change-in-law and logistical restrictions are now major sources of disputes and contractual repricing.
Voltalia strengthens its presence in Italy with four solar projects awarded under the FERX tender, securing stable revenues over two decades for a total capacity of 68 megawatts.

Q ENERGY opens the Ventajou wind project to local investment partners

Q ENERGY has announced the entry of three local and citizen-based partners into the capital of the Ventajou wind farm, marking its first strategic equity opening to institutional and community investors.
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French developer Akuo has completed three crowdfunding campaigns to support its solar power plants in Côte-d’Or, raising a total of €5.15mn ($5.57mn) exclusively from local stakeholders.
The US House adopts a reform that weakens state veto power over gas pipeline projects by strengthening the federal role of FERC and accelerating environmental permitting.

France opens final consultation phase for 2050 low-carbon strategy

The third National Low-Carbon Strategy enters its final consultation phase before its 2026 adoption, defining France’s emissions reduction trajectory through 2050 with sector-specific and industrial targets.
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The Turkish president suggested to Vladimir Putin a limited ceasefire targeting Ukrainian ports and energy facilities to reduce risks to strategic assets and pave the way for negotiations.
Iranian authorities intercepted a vessel suspected of fuel smuggling off the coast of the Gulf of Oman, with 18 South Asian crew members on board, according to official sources.

Nel invests in 1 GW of pressurised alkaline electrolysis at Herøya site

Nel ASA launches the industrial phase of its pressurised alkaline technology, with an initial 1 GW production capacity and EU support of up to EUR135mn ($146mn).
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Electricité de France's Flamanville 3 reactor has reached full power for the first time, marking a key industrial milestone in the deployment of EPRs in Europe, despite cost overruns reaching EUR23.7bn ($25.7bn).
Zimbabwe plans to launch the construction of a 600 MW floating solar power plant on Lake Kariba in 2026, aiming to reduce its reliance on drought-affected hydropower.
The Australian government has launched the opening of five offshore gas exploration blocks in the Otway Basin, highlighting a clear priority for southeast supply security amid risks of shortages by 2028, despite an ambitious official climate policy.
China National Nuclear Corporation expects commercial operation in 2026 for its ACP100 reactor, following successful cold testing and completion of critical structures in 2025.

BlackRock sells 7% stake in Naturgy for €1.7bn

BlackRock sold 7.1% of Spanish company Naturgy for €1.7bn ($1.99bn) through an accelerated bookbuild managed by JPMorgan, reducing its stake to 11.42%.
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The United States seized a vessel suspected of transporting sanctioned oil from Iran and Venezuela, prompting a strong reaction from Nicolás Maduro's government.
Drax plans to convert its 1,000-acre site in Yorkshire into a data centre by 2027, repurposing former coal infrastructure and existing grid connections.

IEA cuts 2026 oil surplus forecast to 3.84 million barrels per day

The International Energy Agency lowers its global oil supply forecast for 2026 while slightly raising demand growth expectations amid improved macroeconomic conditions.
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Queensland, Australia's leading coal-producing state, has scrapped its 2035 renewable energy targets, citing competitiveness and energy cost stability as key priorities.
EDF has inaugurated a synchronous compensator in Guadeloupe to enhance the stability of an isolated power grid, an unprecedented initiative aiming to reduce dependence on thermal plants and the risk of prolonged outages.

South Sudan secures Heglig border oilfield after tripartite military agreement

South Sudanese authorities have been granted responsibility for securing the strategic Heglig oilfield following an agreement with both warring parties in Sudan.
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Neoen begins construction of a new 305 MW stage in Australia, raising its total battery storage capacity in the country to 2 GW, and signs two additional virtual battery contracts with ENGIE.
French firm Newheat forms a joint venture with Sunmark Chile to develop large-scale solar thermal heat projects for the mining sector, targeting decarbonisation of copper extraction processes in Chile.

NGE and AREC launch an energy network to shape Magna Porta

NGE and the Agence Régionale Énergie Climat Occitanie form a partnership to develop a heating and cooling network designed to support economic activity in the Magna Porta zone, with locally integrated production solutions.
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The European Commission enforces a new governance of electricity grids through eight energy highways, putting pressure on France as Spain and Portugal push to triple interconnection capacity by 2040.
Germany will allow a minimum 1.4% increase in grid operator revenues from 2029, while tightening efficiency requirements in a compromise designed to unlock investment without significantly increasing consumer tariffs.

Germany locks in food-based biofuels and restructures carbon quota system

Berlin maintains crop-based biofuels, bans palm oil from 2027, and ends double counting, securing GHG compliance and agricultural demand through 2030.
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Scatec has begun commercial operation of the second phase of its 120 MW solar project in Mmadinare, marking a strategic step in Botswana’s energy sector.
TotalEnergies acquires a 40% operated interest in the offshore PEL83 license, marking a strategic move in Namibia with the Mopane oil field, while Galp secures stakes in two other promising blocks.

GEODIS and EDF sign deal to decarbonise global logistics chain

GEODIS and EDF have signed a strategic partnership to cut emissions from logistics and energy flows, with projects planned in France and abroad.
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BOURBON will provide maritime services to ExxonMobil Guyana for five years starting in 2026, marking a key step in the logistical development of the Guyanese offshore basin.
ENGIE has awarded NHOA Energy the contract for a 320 MWh battery energy storage system in Drogenbos, marking a new step in their industrial partnership in Belgium.

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