The progress of national targets for renewable energy remains marginal, with only a 2% increase since COP28, threatening the achievement of the tripling of capacity by 2030 and impacting energy security.
Sanctions imposed on August 1 accelerate the reconfiguration of Indo-Pacific trade flows, with Vietnam, Bangladesh and Indonesia emerging as principal beneficiaries.
Washington triggers an unprecedented tariff structure combining 25% fixed duties and an additional unspecified penalty linked to Russian energy and military purchases.
Global electricity demand is projected to grow steadily through 2026, driven by industrial expansion, data centres, electric mobility and air conditioning, with increasing contributions from renewables, natural gas and nuclear power.
The consortium formed by ONGC (40%), Reliance (30%) and BP (30%) has signed a joint operating agreement for block GS-OSHP-2022/2, marking the first tripartite collaboration in Indian oil exploration.
Eco Wave Power has completed the installation of floaters for its pilot project in Los Angeles, marking a strategic milestone in the validation and commercialisation of its wave energy technology in the US market.
Bluebird Solar is initiating a significant investment plan in Greater Noida to increase its production capacity to 2.5 GW and integrate automated lines powered by artificial intelligence.
Nordex Group records a significant jump in profitability and order intake, reaching EUR 2.3 bn in the second quarter of 2025, confirming its financial trajectory with a positive free cash flow.
Energy Dome has signed a strategic partnership with Google to globally deploy its long-duration CO₂-based energy storage technology, aiming to support the continuous supply of electricity to power grids.
Donald Trump has raised the prospect of tariffs on countries buying Russian crude, but according to Reuters, enforcement remains unlikely due to economic risks and unfulfilled past threats.
The International Energy Agency anticipates an acceleration in global liquefied natural gas trade, driven by major new projects in North America, while demand in Asia remains weak.
TotalEnergies reports a significant decrease in net profit and revenue for the second quarter, while relying on growth in its hydrocarbon and electricity production to sustain profitability and global ambitions.
The growth of data centres and artificial intelligence is putting unprecedented pressure on global electricity grids, prompting major tech companies to rethink their energy supply to address capacity and competitiveness challenges.
The Organization of the Petroleum Exporting Countries (OIES) confirmed its Brent price forecast at 69 USD/b in 2025 and 67 USD/b in 2026, while adjusting its 2025 surplus forecast to 280,000 barrels per day.
Macsen Labs announces a major advancement with its Prussian White material for Sodium-Ion batteries. The company files a provisional patent and moves to the pilot-scale production phase.
Following the imposition of European Union sanctions, Nayara Energy adjusted its payment terms for a naphtha tender, now requiring advance payment or a letter of credit from potential buyers.
US Senator Lindsey Graham announced that President Donald Trump plans to impose 100% tariffs on countries purchasing Russian oil, including China, India, and Brazil.
Russian oil group Rosneft rejects EU sanctions targeting Nayara Energy, in which it holds a 49.13% stake, citing a breach of international law and a threat to India’s energy security.
India adjusts its electricity export rules, allowing Adani Power to redirect its production to the domestic market, in the face of political uncertainties in Bangladesh.
Despite a political crisis and protests crippling the economy, electricity demand in Bangladesh jumped by 7%, mainly due to increased use of air conditioners as a result of high temperatures.
Suzlon announces the acquisition of 51% of Renom, consolidating its dominant position in multi-brand maintenance services for renewable energies in India, and plans to reach a 76% stake within 18 months.
Splitwaters and Oriana Power join forces to develop green hydrogen facilities in India, combining cutting-edge technology and local expertise to optimize costs and efficiency.
The Indian renewable energy market showed increased demand in the first half of 2024, with 70 GW of tenders and 38 GW of capacity awarded, supporting the target of 500 GW of non-fossil fuel capacity by 2030.
Four major global investors, IFC, ADB and DEG, announce a $275 million investment in Fourth Partner Energy to support the expansion of its renewable energy projects in India.
Singareni Collieries Company Limited has inaugurated an experimental 20 kW geothermal power plant in Telangana, marking a major step forward for renewable energy in India.
Adani Energy Solutions raises $1 billion via an institutional placement, attracting US investors and sovereign wealth funds, marking a notable return to the financial markets.
The social crisis in Bangladesh has led to a drop in demand for energy and liquefied natural gas (LNG), significantly affecting natural gas consumption and power generation.
In July, Russia reduced its crude oil exports to their lowest level in a year, while exports of refined products rose by 6% thanks to the recovery of domestic refineries.
China exports a record 120,427 MW of solar modules in the first half of 2024, thanks to a substantial reduction in prices, despite persistent trade tensions.
