Enefit Green has sold its only wind farm in Finland to Canadian fund TD Greystone Infrastructure Fund, refocusing operations on the Baltic states and Poland in a regional concentration strategy.
A new $100mn fund has been launched to support Nigerian oil and gas service companies, as part of a national target to reach 70% local content by 2027.

Sanctions against Rosneft and Lukoil redirect oil flows toward Asia

Western measures targeting Rosneft and Lukoil deeply reorganise oil trade, triggering a discreet yet massive shift of Russian export routes to Asia without causing global supply disruption.
en_114033331229540
The European Union has enshrined in law a complete ban on Russian gas by 2027, forcing utilities, operators, traders and states to restructure contracts, physical flows and supply strategies under strict regulatory pressure.
The partial exploitation of associated gas from the Badila field by Perenco supplies electricity to Moundou, highlighting the logistical and financial challenges of gas development in Chad.

Nigeria auctions 50 oil blocks in its 2025 licensing round

La Nigerian Upstream Petroleum Regulatory Commission ouvre la compétition pour 50 blocs d’exploration, répartis sur plusieurs zones stratégiques, afin de relancer les investissements dans l’amont pétrolier.
en_114033331233540
The Nigerian Upstream Petroleum Regulatory Commission opens bidding for 50 exploration blocks across strategic zones to revitalise upstream investment.
Azerbaijan is developing Nakhchivan into a key electricity export hub with interconnection projects to Türkiye, boosting regional integration into the European energy market.

Romania places Lukoil under temporary control to prevent an energy crisis

Bucharest authorises an exceptional takeover of Lukoil’s local assets to avoid a supply shock while complying with international sanctions. Three buyers are already in advanced talks.
en_114022221228540
Investor Jordan A. Oxley has acquired the Slatina-3 geothermal asset for €400k after Cindrigo’s bankruptcy, betting on a technical and regulatory revival within Croatia’s complex permitting framework.
Serbia's only refinery, operated by NIS, has suspended production due to a shortage of crude oil, a direct consequence of US sanctions imposed on its majority Russian shareholder.

The European Commission enforces full transparency on gas contracts

A new regulation requires gas companies to declare the origin, volume and duration of their contracts, as the EU prepares to end Russian imports.
en_1140229221227540
The United Kingdom and TAE Technologies create a joint venture in Culham to produce neutral beams, a key component of fusion, with strategic backing from Google.
Recurrent Energy has received authorisation to develop Tillbridge, a hybrid 1.3 GW solar and battery project in England, strengthening its expansion strategy in the UK market.

McDonald’s UK secures 15-year contract for electricity from Scottish wind farm

McDonald’s UK commits to purchasing all electricity from the Douglas West Extension Wind Farm, a 66 MW project developed by Capital Dynamics in Scotland, under a long-term agreement managed by ENGIE.
en_114022221233540
Axess Group has signed a memorandum of understanding with ARO Drilling to deliver asset integrity management services across its fleet, integrating digital technologies to optimise operations.
Saudi Aramco has launched production at the unconventional Jafurah gas field, initiating an investment plan exceeding $100bn to substitute domestic crude and increase exportable flows under OPEC+ constraints.

Le Koweït lance un appel d’offres pour un projet solaire de 500 MW

Le Koweït a publié une demande de propositions pour la construction d'une centrale solaire de 500 MW, dont l’électricité sera injectée dans le réseau national sur la base d’un contrat de rachat de 30 ans.
en_114061027540-1
The International Geothermal Standard Committee was launched in Beijing with a permanent secretariat established at Sinopec, marking a major step toward harmonising global geothermal industry standards.
Mori Building has completed three solar-plus-storage plants in Japan to supply its real estate assets through an intra-group partnership structured by TEPCO Energy Partner.
Rolls-Royce SMR has expanded its partnership with ÚJV Řež to accelerate the deployment of small modular reactors, targeting the construction of several units in the Czech Republic and abroad.
Snam strengthens its position in hydrogen and CO₂ infrastructure with EU-backed SoutH2 corridor and Ravenna hub, both included in the 2025 list of strategic priorities for the European Union.

EIB and Crédit Agricole to mobilise €1 billion for European wind power by 2027

A partnership between the European Investment Bank and Crédit Agricole CIB aims to generate up to €8 billion in wind energy investments across the European Union through a bank guarantee mechanism.
en_11401111111230540
Le producteur Hydrocop a levé €182mn en dette senior pour refinancer ses actifs et déployer un plan d’investissement de €35mn axé sur la modernisation et la flexibilité de ses installations hydroélectriques.
Parliament approved the removal of a proposed tax increase on Superethanol-E85, ensuring a continued favourable tax regime for motorists and the agricultural sector until 2026.

France: the CRE launches a transitional mechanism to regulate suppliers

The French Energy Regulatory Commission introduces a temporary prudential control on gas and electricity suppliers through a “guichet à blanc” opening in December, pending the transposition of European rules.
en_11401111111243540
With a €600mn ($652mn) contribution, the European Investment Bank becomes the main lender of the BC-Wind offshore wind project developed by Ocean Winds off the Polish coast.
The Iraqi government is inviting US oil companies to bid for control of the giant West Qurna 2 field, previously operated by Russian group Lukoil, now under US sanctions.

Dalkia commissions low-carbon heating network in Poitiers for €22mn ($23.8mn)

The GPCU PB network, powered 95% by low-carbon sources, spans 13 km and serves 55 buildings, with total public and private funding of €22mn ($23.8mn).
en_11401111111228540
Two tankers under the Gambian flag were attacked in the Black Sea near Turkish shores, prompting a firm response from President Recep Tayyip Erdogan on growing risks to regional energy transport.
The Indian government aims to amend legislation to allow private companies to participate in civil nuclear development, a move positioned as critical to achieving the country’s long-term energy targets.

Harbour Energy to cut 100 offshore jobs over sustained fiscal conflict

The British producer continues to downsize its North Sea operations, citing an uncompetitive tax regime and a strategic shift towards jurisdictions offering greater regulatory stability.
en_11401111111242540
The VVER-1200 nuclear reactor at Xudabao 4 in China has completed installation of its final passive water tank, marking the end of modular construction for the second phase of the project.
Dangote Refinery says it can fully meet Nigeria’s petrol demand from December, while requesting regulatory, fiscal and logistical support to ensure delivery.

Canada and Alberta agree on joint nuclear strategy by 2027

Ottawa and Edmonton commit to a nuclear production roadmap by 2050, through a memorandum of understanding also covering carbon capture and an Indigenous-led pipeline project.
en_11401111111231540
Equans Process Solutions brings together its expertise to support highly technical industrial sectors with an integrated offer covering the entire project lifecycle in France and abroad.
Cadeler has taken delivery of its tenth wind turbine installation vessel, Wind Mover, delivered ahead of schedule and immediately deployed in Europe, strengthening its capabilities amid rising industrial demand.

BP restarts Olympic pipeline after leak, increasing pressure on safety

BP reactivated the Olympic pipeline, critical to fuel supply in the U.S. Northwest, after a leak that led to a complete shutdown and emergency declarations in Oregon and Washington state.
en_11401111111229540
Energy group RWE launches construction of its largest UK storage system, with 700 MWh capacity, at its Pembroke power station in Wales.
The UK government has ended its financial support for TotalEnergies' liquefied natural gas project in Mozambique, citing increased risks and a lack of national interest in continuing its involvement.

Renouvelables