Canada

Newcleo awards $81mn contract to NEXT-N for advanced modular reactors

French developer Newcleo launches a joint venture with Nextchem through a EUR70 mn contract to design the conventional island of its upcoming 200 MW modular nuclear reactors.

European Union faces 21.5 mtpa shortfall on carbon storage targets

A Wood Mackenzie study reveals that the EU’s carbon storage capacity will fall more than 40% short of the 2030 targets set under the Net Zero Industry Act.

Morocco sets conditional coal phase-out target from 2040

Morocco announces a coal exit target for 2040, subject to international support, while accelerating the deployment of renewable energy in its power mix.
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Ignitis secures EUR 318 million to fund Kelmė wind farm in Lithuania

The Lithuanian energy group has signed a EUR 318 million financing agreement for its 314 MW wind project, the largest in the Baltic states.

Mitsubishi Logistics signs 8MW solar VPPA with JERA Cross

Mitsubishi Logistics has signed a virtual power purchase agreement with JERA Cross for 8MW of solar power, marking a new step in its energy strategies with investment plans through 2030.

Daiwa launches 160MWh energy storage project in Chitose

Daiwa Energy & Infrastructure has launched a 38MW grid-scale battery system in Chitose, aiming for commissioning in 2027, as part of its deployment of high-voltage storage assets across Japan.
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Menlo Digital launches construction of 48 MW data centre in Virginia

Menlo Digital has started construction on its MD-DC1 data centre in Herndon, marking a key step in its national development programme exceeding 1.8 GW.

Buscando finalises name change and raises C$1mn for hydrogen operations

Buscando Resources officially becomes Element One Hydrogen and Critical Minerals Corp. and completes a C$1.03mn fundraising through a three-tranche private placement.

Italian court reviews extradition of Ukrainian suspect in Nord Stream sabotage

A former Ukrainian soldier accused of taking part in the 2022 sabotage of the Nord Stream pipeline is at the centre of a contested extradition process between Italy and Germany, revived by a ruling from Italy’s Court of Cassation.
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Brussels renews push to end daylight saving time over energy inefficiency

The European Commission is reviving efforts to abolish daylight saving time, supported by several member states, as the energy savings from the practice are now considered negligible.

Vinci maintains 2025 targets thanks to record order backlog

French group Vinci posted revenue growth in the third quarter, supported by all its divisions, and reaffirmed its ambitions for 2025 despite a more restrictive tax environment.

Caracas demands full payment for gas extracted from the Dragon field

Venezuela demands full financial compensation for any gas exports from the offshore Dragon field, reactivated following U.S. authorisation granted to Trinidad and Tobago.
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ENGIE Solutions secures 25-year contract for district heating network in Bain-de-Bretagne

The Ille-et-Vilaine Departmental Energy Syndicate awarded ENGIE Solutions a €9.5mn ($10.01mn) contract to operate a 4.9 km heating network, scheduled for commissioning in 2027.

Elogen and Rockfin sign agreement to produce green hydrogen in Central Europe

The partnership includes local manufacturing in Poland of electrolysis systems using Elogen’s technology, with deliveries targeting the Europe, Middle East and Africa markets.

Single-axis solar reaches $37/MWh in Middle East and Africa in 2025

The levelised cost of solar electricity continues to fall globally, reaching a regional record of $37/MWh in the Middle East and Africa thanks to tracker technologies, according to the latest market data.
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India redirects its diesel to Africa and Brazil ahead of 2026

Traceability requirements from the EU (European Union) on fuel origin are reshaping Indian refined flows, with a shift toward Africa and Brazil supported by local premiums and a decline in Russian exports.

Washington hits Rosneft and Lukoil, EU tightens, Brent climbs

U.S. sanctions targeting Rosneft and Lukoil trigger a rebound in oil, while the European Union prepares a clampdown on liquefied natural gas and maritime logistics, with immediate repercussions for markets and Russia’s export chain.

Vema Hydrogen joins California public hydrogen programme with its EMH technology

Vema Hydrogen has been named a qualified supplier by the First Public Hydrogen Authority to deliver clean hydrogen at industrial scale to California’s public and private infrastructure.
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NANO Nuclear acquires Global First Power and expands microreactor presence

NANO Nuclear strengthens its North American strategy by acquiring Global First Power in Canada, securing regulatory rights for its KRONOS MMR™ project at Chalk River.

Vistra acquires 2.6 GW gas portfolio from Lotus Infrastructure

Vistra Corp. finalises the purchase of seven natural gas power plants totalling 2.6 gigawatts, strengthening its presence in key US electricity markets.

Eos and Talen Energy join forces to support AI infrastructure in Pennsylvania

Eos Energy and Talen Energy partner to develop multiple energy storage projects in Pennsylvania to meet rising electricity demand driven by AI and cloud computing growth.

Azule Energy confirms gas condensate discovery at Volans-1X well in Namibia

The Volans-1X exploration well revealed a 26-metre productive zone in the Orange Basin, marking another hydrocarbon find for Azule Energy partners in 2025.

Spain burns more gas after its blackout

Increased reliance on combined-cycle plants after the April 28 blackout pushed gas use for electricity up by about 37%, bringing total demand to 267.6 TWh and strengthening flows to France.
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EDF appoints Intesa and Lazard to review future of Italian subsidiary Edison

EDF has selected Intesa Sanpaolo and Lazard to explore strategic options for Edison, its Italian subsidiary, as part of a broader asset review under its new chief executive officer.

Floating solar market to hit $3.39bn by 2030 driven by land scarcity

The global floating solar panel market could triple by 2030, supported by energy demand and favourable regulations, according to the latest double-digit annual growth forecasts.

TotalEnergies sells GreenFlex to Oteis to refocus on energy operations

TotalEnergies has signed an agreement to sell its subsidiary GreenFlex to engineering group Oteis, marking a step in its strategy to concentrate on energy production and supply.
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Oxford Energy Institute Data Confirms the Dominance of Contrarian Strategies in Oil Trading

The Oxford Energy Institute study shows that signals from weekly positions and the Brent/WTI curve now favor contrarian strategies, in a market constrained by regulation and logistics affected by international sanctions. —

The United States Raises Tariffs Against Colombia on Energy and Metals

The United States announces a tariff increase beyond the 10% base rate targeting several Colombian products. Bogotá has recalled its ambassador. The detailed list of tariff lines has not yet been published, while Colombia’s ban on coal exports to Israel remains in effect.

France: MPs block tax hike on biofuels in committee

MPs rejected in the Finance Committee the removal of tax benefits on B100 and Superethanol-E85 proposed in the 2026 budget bill, deferring the measure to the plenary debate.
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VoltaGrid and Halliburton join forces to deliver distributed power to data centres

VoltaGrid and Halliburton launch a strategic collaboration to deploy distributed power systems for data centres, with an initial rollout planned in the Middle East.

JERA Nex BP exits Beacon Wind project amid US market uncertainty

The joint venture between BP and JERA ends its offshore wind ambitions in the United States, citing an unfavourable economic and regulatory environment for continuing the development of the Beacon Wind project.

National Fuel acquires CenterPoint’s Ohio gas assets for $2.62bn

National Fuel Gas Company acquires CenterPoint Energy’s natural gas distribution business in Ohio, doubling the size of its regulated portfolio and expanding its footprint in the US Midwest.
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PermRock Royalty Trust maintains $384,000 distribution despite price pressure

PermRock Royalty Trust announces a $384,018 distribution to its unitholders, supported by higher production volumes despite a significant drop in oil prices and increased operating expenses.

Recurrent Energy secures $825mn financing for two Arizona energy projects

Recurrent Energy, a subsidiary of Canadian Solar, secured $825mn to develop a 150 MWac solar plant and a 600 MWh storage site in Maricopa County, in partnership with Arizona Public Service.

Bimergen Energy appoints two co-CEOs to lead energy storage expansion

US-based battery storage developer Bimergen Energy has appointed Cole Johnson and Robert Brilon as co-CEOs to execute a large-scale industrial plan backed by $250 mn in recent funding.
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Arcwood Environmental strengthens its industrial presence with the acquisition of ERG Environmental

The acquisition of U.S.-based ERG Environmental enables Arcwood to expand its footprint in the Great Lakes region and broaden its services to industrial and municipal sectors.

Q ENERGY surpasses 1 GW in repowering projects through public-private agreement

With a 300 MW partnership signed with Nadara, Q ENERGY exceeds 1 GW of wind repowering projects in France, reinforcing its position in a market driven by public investment dynamics.

Elmy secures €3.5mn from Caisse d’Epargne Rhône Alpes for 13 solar plants

French energy company elmy finalises a €3.5mn bank loan with Caisse d’Epargne Rhône Alpes to fund 13 new photovoltaic plants with a combined capacity of 3.6 MWp.
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North American LNG export capacity to reach 28.7 Bcf/d by 2029

The United States, Canada and Mexico together plan a 151% increase in liquefied natural gas export capacity, representing more than half of expected global additions by 2029.

Trump reignites regulatory debate over oil in California

In Taft, a historic stronghold of black gold, Donald Trump's return to the presidency reopens the issue of California's restrictions on oil production and fuels renewed optimism among industry stakeholders.