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Technip Energies signs major contract for floating natural gas unit in Africa

Technip Energies has secured a contract to lead preparatory works for a floating liquefied natural gas unit in Africa, confirming its presence in the international gas infrastructure market.

Asia accounts for 71% of new renewable capacity, Africa remains marginalised

Asia dominated global new renewable energy capacity in 2024 with 71% of installations, while Africa recorded limited growth of only 7.2%, according to the latest annual report from IRENA.

Africa captures only 2% of global clean energy investment in 2025

While capital is flowing into clean technologies globally, Africa remains marginalised, receiving only a fraction of the expected flows, according to the International Energy Agency.
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NANO Nuclear : énergie et agriculture pour les communautés isolées

NANO Nuclear : énergie et agriculture pour les communautés isolées

Global Gas Balance Remains Fragile Amid Limited LNG Growth IEA

The global gas balance remains precarious in 2024, with modest LNG production growth despite record demand. Geopolitical tensions sustain price volatility in European and Asian markets.

Investments in Hydrogen: Acceleration and Global Challenges

Investments in hydrogen have doubled, mainly in China, but uncertainties remain regarding demand and regulatory frameworks necessary for sustainable growth.
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Russia: export ban on petrol and diesel may be lifted if there is a surplus

Russian Deputy Prime Minister Alexander Novak announces that Russia could lift the gasoline export ban if a supply surplus is found in a stable domestic market.

Further sale of Enilive by Eni in parallel with negotiations with KKR

Eni is in advanced discussions with KKR to sell 20% of its biofuels subsidiary Enilive. Other investors, such as Stonepeak, are showing an interest in a new stake.

Brazil increases LNG purchases to offset hydroelectric decline

Faced with dwindling water reserves, Brazil is stepping up its purchases of liquefied natural gas to maintain power generation, increasing pressure on the global LNG market this winter.
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Envision Energy and TÜV Nord join forces on wind turbine standards

Envision Energy and TÜV Nord enter into a partnership to strengthen the certification of wind power technologies, with a focus on supply chain optimization and international competitiveness.

Renewable energies gain in competitiveness against fossil fuels

By 2023, 81% of new renewable energy capacity was cheaper than fossil fuel alternatives, emphasizing their key role in the global energy transition.

Stellantis launches Chinese electric city car in Europe

Stellantis introduces the Leapmotor T03, a Chinese electric model assembled in Poland, targeting the entry-level market in Europe with a competitive price and 265 kilometers of range.
Design sans titre-217

Lower Chinese export quotas: Impact on LSFO’s Asian market

China's lower export quotas for LSFO led to an increase in imports from Singapore, stabilizing the Asian market despite increased supply from the West.

Holtec chooses South Yorkshire for its first SMR plant in the UK

Holtec International has selected South Yorkshire as the location for its new Small Modular Reactor (SMR) plant, with the aim of supplying Europe and the Middle East while strengthening the UK nuclear supply chain.

Electrification of oilfield sites cuts CO2 emissions by 80

The electrification of oil and gas infrastructures could reduce production-related CO2 emissions by up to 80%, a strategic step forward for the sector, according to a study by Rystad Energy.
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Saudi Arabia cuts oil exports to 5741 million b/d

Saudi Arabian crude oil exports hit their lowest level ever in July, revealing strategic adjustments in the face of uncertain market dynamics. This situation raises crucial questions about the future of the global energy sector.

CNOOC powers Asia with 17900 barrels per day at Liuhua 11-1 field

CNOOC Limited launches production from the Liuhua 11-1/4-1 oil field, a major breakthrough in the China Sea. This innovative project, combining technology and sustainability, promises to transform Asia's energy landscape while addressing contemporary environmental challenges.

Russian oil exports up in October despite internal challenges

Russian oil exports could rise in October, despite internal challenges related to refining capacity. This dynamic raises questions about the potential impact on the global market and the country's energy policy.
Port de Primorsk, Russie

Nuclear revival in Paris countries united for a sustainable energy future

In Paris, some 15 pro-nuclear countries are meeting to discuss the revival of atomic energy. The OECD-sponsored conference aims to explore concrete solutions for achieving global climate goals.
Centrale nucléaire (illustration)

Northvolt between financial challenges and an uncertain future

Europe's electric battery sector is in crisis, with Northvolt facing financial challenges and production delays. The Swedish government refuses to intervene, leaving the company's future in the hands of its shareholders.
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Occidental Petroleum reduces production in the Gulf of Mexico in the second quarter

Masdar-Bapco partnership for a 2 GW wind power project in Bahrain

Masdar teams up with Bapco Energies to develop an ambitious 2 GW wind power project in Bahrain, in line with the kingdom's emission reduction targets.
projet éolien 2 GW Bahreïn

Technip Energies: robust growth and green innovations

Technip Energies reports an 11.5% increase in net income and strong order intake, driven by LNG and carbon capture projects.
Technip Energies résultats T1 2024

China: Nuclear progress at Lianjiang

The first concrete pour for the construction of the CAP1000 reactors at Lianjiang marks a significant step forward for SPIC (State Power Investment Corporation), projecting major reductions in emissions.
Nucléaire Lianjiang

Gálvez Ruiz promises to revitalize Mexico’s electricity market

Xóchitl Gálvez Ruiz, currently second in the Mexican presidential polls, plans to revive the electricity market by resuming long-term auctions if elected in June.
Gálvez Ruiz marché électricité

Dana Gas restarts production in Kurdistan after drone attack

Dana Gas, the Emirati company, has announced that it is resuming production at the Khor Mor gas complex in Iraqi Kurdistan, following a drone attack that interrupted operations.
Reprise production Dana Gas Kurdistan

More Algerian LNG exports to Europe

Faced with falling LNG prices in Europe, purchases of Algerian cargoes are increasing, marking a peak in exports.
Exportations LNG Algérie Europe

EU and UNIDO initiatives to boost hydropower in Nigeria

Two new projects to promote the development of small hydropower plants and the circular economy have been launched in Nigeria, a European Union (EU) initiative implemented by the United Nations Industrial Development Organization (UNIDO).
UE hydroélectricité Nigéria

Progress on Rogun hydroelectric power plant in Tajikistan

The President of Tajikistan, Emomali Rahmon, and Pietro Salini, Director of the Italian company WeBuild, recently discussed progress on the construction of the Rogun hydroelectric station.
Centrale hydroélectrique Rogun Tadjikistan

Ecuador and Colombia: the reasons behind a dual water and energy crisis

Ecuador and Colombia, both dependent on hydroelectricity, are facing a historic drought that is exacerbating their energy crises.
Sécheresse Equateur Colombie origine crise

Orsted inaugurates Asia-Pacific’s largest offshore wind farm

The recent inauguration of the Greater Changhua 1 & 2a wind farms in the presence of President Tsai Ing-wen and several key players in the energy sector marks a crucial milestone for Taiwan. With an impressive installed capacity of 900 MW, these facilities double the country's offshore wind power capacity.
Parc éolien offshore Taiwan

US sanctions on Iranian oil: limited short-term impact

Recent US legislation tightens sanctions on Iranian oil trade, but experts predict a minor short-term impact on the global oil market.
Impact sanctions américaines pétrole iranien

Eku Energy launches its first energy storage project in Japan

Eku Energy has announced the launch of the Hirohara Battery Energy Storage System (BESS) in Miyazaki, marking its first project in Japan in collaboration with Tokyo Gas.
Eku Energy stockage Japon

TotalEnergies reorganizes its oil interests in Congo

TotalEnergies EP Congo, an 85%-owned subsidiary of TotalEnergies, recently modified its shareholding structure in several oil licenses, involving exchanges with Trident Energy.
Réorganisation pétrolière TotalEnergies Congo

Baker Hughes sees growing opportunities for the oil market

Baker Hughes CEO Lorenzo Simonelli presented a balanced view of the global oil market on the first-quarter earnings call, noting rising international activity offset by a slowdown in North America and the US gas basins.
Opportunités marché mondial pétrole

Energy crisis in Sierra Leone: Energy Minister resigns

Sierra Leone's Minister of Energy, Alhadji Kanja Sesay, has resigned amid tensions over power supply, compounded by large debts.
Démission ministre énergie Sierra Leone

Iraq: four injured in drone strike on gas complex

A recent drone strike targeting a strategic gas complex in Iraqi Kurdistan caused significant injury and disruption, highlighting ongoing regional tensions.
Frappe de drone Irak

France and Morocco to step up cooperation on low-carbon energy

During a visit to Rabat, the French and Moroccan Economy Ministers expressed their desire to strengthen bilateral cooperation, particularly in the decarbonized energy and rail mobility sectors.
France Maroc énergie décarbonée

PDVSA scandal: $17 billion lost to corruption

Endemic corruption in the Venezuelan oil industry has swallowed up billions of dollars, exposing massive embezzlement at Petroleos de Venezuela (PDVSA).
Corruption PDVSA

Oman LNG anticipates a major expansion of its production capacity

Oman LNG is planning a significant expansion to meet the growing demand for liquefied natural gas, with a potential capacity addition of over 30%.
Expansion Oman LNG

Energy crisis: Ecuador says it is losing $72 million a day

Ecuador is facing daily losses of $72 million due to a hydroelectric deficit caused by severe drought, announces Energy Minister Roberto Luque.
Crise énergétique Equateur
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