Arabie Saoudite

The sultanate awards three mining concessions to local companies. Projects target strategic deposits to reduce hydrocarbon dependence.
A Dragos report reveals the scale of cyber vulnerabilities in global energy infrastructures. Potential losses reach historic highs.

Moscow develops Arctic turbines for the Northern Sea Route

The Russian Ministry of Industry and Trade is announcing "Arctic configuration" wind generators to power infrastructure on the Northern Sea Route, without listing any companies at this stage, with the stated aim of technological sovereignty.
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OPEC's August report reveals Russian production above quotas and commercial dominance in Asia, while Kazakhstan massively exceeds its reduction commitments.
Airbus Singapore and Bogor Agricultural University in Indonesia are developing aviation fuel from biomass, aiming for an annual capacity of 100 million tonnes.

Wood Mackenzie: Tesla remains global leader in battery storage as Sungrow closes the gap in 2024

Tesla retains the top position in the global battery storage market, but Sungrow moves within one point, revealing intensifying rivalries and a rapid reshaping of regional dynamics in 2024.
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Giant discoveries are transforming the Black Sea into an alternative to Russian gas, despite colossal technical challenges related to hydrogen sulfide and Ukrainian geopolitical tensions.
Pakistan Refinery Limited is preparing to import Bonny Light crude oil from Nigeria for the first time, reflecting the expansion of Asian refiners’ commercial partnerships amid rising regional costs.

Russian oil and gas revenues fall by 27% in July 2025

Revenues generated by oil and gas in Russia recorded a significant decrease in July, putting direct pressure on the country’s budget balance according to official figures.
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Belarus offers its expertise to support the construction of Uzbekistan’s first nuclear power plant, as Tashkent accelerates its civil energy projects with new international partnerships.
AMEA Power partners with Cox for the second phase of the Agadir desalination plant, set to reach 400,000 m³/day with power supplied by a 150 MW wind farm in Laayoune.

The e-fuels market targets $66.25bn by 2030 driven by Asia-Pacific momentum

E-fuels growth is accelerating with the market expected to reach $66.25bn by 2030, fuelled by Asia-Pacific’s industrial expansion, technological advances, and investments in hydrogen and ammonia infrastructure.
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A free trade agreement between Indonesia and the Eurasian Economic Union is set to be signed in December, aiming to reduce tariffs on $3 bn worth of trade and boost bilateral commerce in the coming years.
BrightNight’s Asian subsidiary becomes Yanara and positions itself as an independent player to strengthen the development of large-scale renewable energy solutions in the Asia-Pacific region.

India sends top adviser to Moscow as US steps up pressure on Russian oil imports

The visit of India's national security adviser to Moscow comes as the United States threatens to raise tariffs on New Delhi due to India’s continued purchases of Russian oil.
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KazMunayGas has completed its first delivery of 85,000 tonnes of crude oil to Hungary, using maritime transport through the Croatian port of Omisalj as part of a broader export strategy to the European Union.
With a net profit of $1.385bn in the second quarter of 2025 and a sharp rise in capex, ADNOC Gas consolidates its position in the global natural gas market.

The United States speeds up lunar nuclear reactor project amid international competition

Nasa has launched a call for tenders for a nuclear reactor on the Moon by 2030, aiming to support American ambitions for a permanent base, despite budget uncertainties and mounting pressure from China and Russia.
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The proliferation of Chinese industrial sites abroad, analysed by Wood Mackenzie, allows renewable energy players to expand their hold on the sector despite intensified global protectionist measures.
Record Gulf crude imports expose structural vulnerabilities of Japanese refining amid rising geopolitical tensions and Asian competition.
BRICS energy ministers focus on the future of global energy markets, highlighting the de-dollarization of trade, despite the challenges of currency fluctuations and the complexity of oil trade.
The Johan Castberg field launches a new phase of exploration in the Arctic, vital for Europe's gas future in the face of declining resources in the North Sea.

Kazakhstan boosts Tengiz while consolidating ties with OPEC+.

Kazakhstan maintains its OPEC+ obligations despite a planned increase in production from its Tengiz field in 2025. The Kazakh authorities are closely monitoring market developments to adjust their strategy.
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Gulf Navigation approves major acquisition to expand storage capacity in Fujairah. The transaction includes the raising of $122 million in shares, pending shareholder approval.
Centrus urges the U.S. government to direct the $3.4 billion in federal investment into domestic nuclear technology, in order to strengthen U.S. energy independence from foreign dependencies.

Rising Chinese demand puts ESPO Blend at a premium to Brent

ESPO Blend oil, from Russia's Far East, has seen its price rise due to strong Chinese demand, crowding out Indian buyers.
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Iraq is aiming for gas self-sufficiency within five years, thanks to foreign investment and increased management of domestic production.
The Delaware Bankruptcy Court approves Complete Solar's acquisition of the core assets of SunPower Corporation for $45 million. The transaction includes the Blue Raven, New Homes and Dealer divisions, as well as the integration of 1,000 employees under the new entity.

Pro-nuclear countries call for global funding for civil nuclear power

Nuclear-friendly countries are calling on financial institutions and development banks to finance nuclear infrastructure and develop small modular reactors.
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Masdar announces the acquisition of Saeta for USD 1.4 billion, including 745 MW of wind power assets and 1.6 GW of projects under development. This transaction strengthens Masdar's position in the Iberian market.
Poland is financing the construction of its first nuclear power plant with an allocation of 60 billion zloty, strengthening its energy independence and creating major economic opportunities.

Private sector urges UN to triple renewable energies by 2030

Energy companies are calling on governments to meet their COP28 commitments to triple the world's renewable energy capacity by 2030.
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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.
KHNP has won the tender to build two reactors in the Czech Republic, but appeals from Westinghouse and EDF are calling into question the finalization of the project.

Ukraine obtains a €35 billion loan from the EU for its energy sector

The European Union is granting a 35 billion euro loan to Ukraine to compensate for the destruction of its energy infrastructure, damaged by Russian strikes, and avert an energy crisis this winter.
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With Russian attacks on energy infrastructure intensifying, Ukraine needs to strengthen its network to ensure reliable supplies this winter, according to recommendations from the International Energy Agency (IEA).
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.

European Union boosts winter energy aid to Ukraine

The EU is stepping up its energy support to Ukraine in the face of Russian strikes. A further 160 million euros in aid has been allocated to restore energy infrastructures before the winter.
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Since January, Ukraine has been targeting Russian refineries to destabilize the economy and military supplies. Despite some interruptions, the overall impact remains under control, and repairs are proceeding rapidly.
Ukraine may need to import 0.6 Gm³ of gas before November, according to the IEA, to secure its energy reserves against the risks of a harsher winter.
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