Azerbaïdjan

EnBW raises €3.1bn to finance a historic investment programme through 2030

Energie Baden-Württemberg AG announces the completion of a €3.1bn capital increase to support its investment plan, with strong shareholder participation, marking a major milestone for the group’s financial strategy.

A US-sanctioned LNG vessel docks at Russia’s Arctic LNG 2 terminal

The Voskhod vessel, under US sanctions, docked at the Arctic LNG 2 plant in Russia, marking the second visit by a sanctioned ship to the site this year, according to maritime tracking data.

wpd completes the acquisition of Calycé’s wind activity and strengthens its presence in France

German group wpd takes over the teams and a portfolio of 17 wind projects from Calycé, consolidating its position in the French market and expanding its regional presence, particularly in the Grand Est, with the support of Envinergy.
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SPIE wins new strategic contract for the 315 MW Windanker offshore wind farm

SPIE Wind Connect partners with Van Oord to connect and test 21 high-voltage cables for the Windanker offshore wind farm, marking a key milestone in the development of Germany’s offshore wind sector.

Stellantis ends its hydrogen van programme as market outlook remains limited

Manufacturer Stellantis halts production of its hydrogen-powered commercial vehicles, citing a lack of commercial prospects and an insufficient market, according to a statement released by the automotive group.

ADNOC transfers 24.9% stake in OMV to its subsidiary XRG to strengthen international strategy

ADNOC announces the transfer of 24.9% of its shares in OMV to its subsidiary XRG, continuing the streamlining of its international assets and preparing the creation of Borouge Group International.
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OPEC Cuts Forecasts but Anticipates Rising Oil Demand

OPEC slightly adjusts its production forecasts for 2025-2026 while projecting stable global demand growth, leaving OPEC+ significant room to increase supply without destabilizing global oil markets.

European Union struggles to agree on new Russian oil price cap

Talks between European Union member states stall on the adoption of the eighteenth sanctions package targeting Russian oil, due to ongoing disagreements over the proposed price ceiling.

Global battery storage market to reach $143bn by 2031

Driven by rising electricity demand, the battery energy storage systems market is set to soar, according to The Insight Partners, growing from $41.97bn in 2024 to $143.28bn in 2031 at an average annual rate of 17.91%.
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Governments extend their stockpiles to cover 98 % of global oil

The Global Energy Policies Hub shows that strategic reserves, gas obligations, cybersecurity and critical-mineral policies are expanding rapidly, lifting oil coverage to 98 % of world imports.

Serbia seeks new US sanctions waiver for NIS amid geopolitical tensions with Russia

Belgrade is engaged in complex negotiations with Washington to obtain a fifth extension of sanctions relief for the Serbian oil company NIS, which is majority-owned by Russian groups.

Terna and NPC Ukrenergo sign strategic agreement for European energy integration

Terna and NPC Ukrenergo have concluded a three-year partnership in Rome aimed at strengthening the integration of the Ukrainian grid into the pan-European system, with an in-depth exchange of technological and regulatory expertise.
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Energiequelle raises Raßlitz wind farm capacity to 11 MW after upgrade

Energiequelle completes the commissioning of two Enercon E-160 turbines in Raßlitz, replacing previous models and increasing the installed capacity of the Saxony site more than fivefold.

GE Vernova modernises TransnetBW’s key cross-border power hub in Germany

GE Vernova has secured a major contract to modernise the Kühmoos substation in Germany, enhancing grid reliability and integration capacity for power flows between Germany, France and Switzerland.

European Union finalises agreement to lower Russian oil price cap

European Union ambassadors are close to reaching an agreement on a new sanctions package aimed at reducing the Russian oil price cap, with measures impacting several energy and financial sectors.
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Global PV inverter shipments reach 589 GWac as Asia-Pacific dominates in 2024

Global photovoltaic inverter shipments increased by 10% in 2024, driven by the Asia-Pacific region, which accounts for nearly seven out of ten shipments, while China consolidates its influence on the sector.

Ukraine: Energoatom signs major agreements with Westinghouse and Holtec

Energoatom signed strategic agreements with Westinghouse and Holtec at the Ukraine Recovery Conference, aiming to establish nuclear fuel production and small modular reactor capabilities in the country.

Iran Relaunches Nuclear Dialogue to Negotiate with the United States, Russia Supports a No-Enrichment Deal

Tehran agrees to reopen its nuclear facilities to the IAEA, aiming to resume negotiations with Washington, while Moscow pushes for a “zero enrichment” agreement without getting involved in supervision.
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The European Union commits EUR2.3bn to accelerate Ukraine’s energy reconstruction

The European Commission is launching a special fund of EUR2.3bn ($2.5bn) to boost Ukraine’s reconstruction and attract private capital to the energy and infrastructure sectors.

Slovakia targets European agreement on end of Russian gas and sanctions by Tuesday

The Slovak government is seeking guarantees from the European Union to secure its supplies as talks continue over ending Russian gas and adopting a new round of sanctions.

The European Commission accelerates Ukraine’s energy integration

The European Commission announces a support plan to strengthen Ukraine’s energy security and fully integrate its electricity and gas markets with the European Union by 2027, in cooperation with Moldova.

Inspection by the IAEA at Fukushima: Progress of the Decommissioning and Strategic Issues

The Director of the International Atomic Energy Agency (IAEA), Rafael Grossi, visited Fukushima to oversee the soil decontamination efforts and the decommissioning of the nuclear plant. This visit comes as Japan intensifies its efforts to manage radioactive waste and increase the transparency of its nuclear program.

Europe Faces the Challenge of Energy Security: Three Pillars to Stabilize Its Power Grid, According to Eurelectric

Europe's energy transition is driving a structural transformation of the electricity grid, exposing the market to new vulnerabilities. A study by Compass Lexecon highlights three strategic levers to ensure supply stability amid geopolitical pressures and market volatility.
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Drone Attack in Russia Disrupts Caspian Pipeline Consortium Pipeline

A drone strike in Russia has forced the shutdown of a key pumping station on the Caspian Pipeline Consortium (CPC) pipeline, temporarily reducing its capacity to transport Kazakh oil to Europe. The incident comes amid heightened diplomatic tensions surrounding the Ukraine conflict.

Chernobyl: The Economic Impact of Strikes on the Confinement Arch

The attack of an explosive drone on the Chernobyl confinement arch raises questions about the security of critical infrastructure. The incident, confirmed by the IAEA, could have repercussions on energy markets and the management of nuclear assets.

Transnistria Bypasses European Offer with Russian-Hungarian Gas Alternative

Facing the end of Gazprom deliveries, Transnistria is now sourcing gas through a Hungarian company, financed by a Russian intermediary. The European Union had proposed aid, conditioned on reforms, which the separatist region rejected.
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European gas prices rise as reserves shrink

Gas prices in Europe continue their upward trend, driven by a sharp decline in reserves and an anticipated increase in demand. The end of Russian gas transit through Ukraine and unfavorable weather conditions are adding pressure to the market.

Slovakia Restores Russian Gas Supply via TurkStream

Following the halt of gas deliveries through Ukraine, Slovakia now relies on the TurkStream pipeline and a route through Hungary to secure its supply. This decision aligns with its independent energy strategy despite geopolitical tensions in Europe.

Les pays baltes achèvent leur déconnexion énergétique de la Russie

La Lituanie, la Lettonie et l'Estonie vont couper leurs derniers liens avec le réseau électrique russe. Ce basculement, prévu le 8 février, marque leur intégration complète au réseau européen après des années de préparation et d'investissements.
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Ukraine seeks to revive European interest in its gas storage

Facing declining interest from European companies in its gas storage capacity, state-owned operator UkrTransGaz is focusing on integrating into the European Union market and implementing measures to strengthen the competitiveness of its infrastructure despite security challenges.

EU Strengthens Energy Aid to Moldova with €250 Million

Amid energy tensions with Russia, the European Union has announced a new €250 million financial aid package to support Moldova in 2025. This funding aims to stabilize the country’s energy supply while reducing its dependence on Russian gas.

Trade War: China Imposes Tariffs on U.S. Hydrocarbons in Retaliation

China is imposing new tariffs on U.S. hydrocarbons and coal in response to Washington’s reinforced duties. This escalation intensifies trade tensions between the two powers and raises major strategic stakes in the energy sector. ##
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Strikes on Russian Energy Sites: Impact on Production and Markets

Ukraine has claimed drone strikes on Russian energy infrastructure, affecting strategic facilities of Gazprom and other players. These attacks raise questions about supply and market stability in the region.

The EU Strengthens its Emergency Measures for Vehicle Electrification

The European Union launches an emergency consultation with automakers to accelerate the transition to electrification in response to current competitive and regulatory challenges.

Moldova Routes Gas to Transnistria Thanks to the EU

Moldova begins routing gas to Transnistria with the help of €30 million from the EU, ensuring supply until February 10 despite the energy crisis.
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Moldova: European Aid for the Gas Crisis in Transnistria Sparks Tensions

The separatist authorities of Transnistria accuse Chisinau of diverting the European aid of 30 million euros intended for gas purchases. Disagreements persist over the distribution of resources amid the ongoing energy crisis following the halt of Russian deliveries.

Europe Falling Behind on Its Own Hydrogen Objectives for 2030

Despite strong ambitions for renewable hydrogen, Europe is struggling to align its national and industrial efforts, with only 2% of projects surpassing the feasibility stage, according to a report by EY.

Conflict in Ukraine: Trump, Putin, and Energy Diplomacy Under Pressure

Energy issues and political strategies are shaping relations between Trump, Putin, and Zelensky as negotiations over Ukraine could redefine the global geopolitical balance.
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Ukraine Offers Coal to Address Energy Crisis in Transnistria

In the midst of prolonged tensions with Russia, Ukraine offers to provide free coal to Transnistria, a pro-Russian region of Moldova, to alleviate an energy crisis worsened by the cutoff of Russian gas supplies.

Hungary Threatens to Block EU Sanctions Against Russia to Restore Gas Transit

Hungarian Prime Minister Viktor Orban conditions the continuation of European sanctions against Russia on the restoration of Russian gas transit through Ukraine, citing the economic impact on Hungary.