Chine

Iberdrola secures €2.5bn credit line from 32 international banks

Iberdrola strengthens its financial position with a new five-year credit facility, signed with 32 banks, to support investments in power grids and renewable energy, particularly in the United States.

Eni signs twenty-year agreement with Venture Global for 2 mn tonnes of LNG per year

Italian group Eni signs a twenty-year liquefied natural gas supply contract with US-based Venture Global, covering two mn tonnes per year and marking a first for the company from the United States.

The oil and gas fishing market targets USD4.36bn by 2031, driven by offshore drilling

The expansion of the global oil and gas fishing market is accelerating on the back of offshore projects, with annual growth estimated at 5.7% according to The Insight Partners.
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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.

Bahrain signs civil nuclear agreement with the United States and announces $17bn in public investments

Bahrain has concluded a civil nuclear agreement with the United States and formalised a commitment of $17bn in public investments in the US market, further strengthening bilateral cooperation.
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Sol Systems raises $675mn to support 500 MW of solar and storage projects in the United States

Sol Systems has secured a $675mn credit facility to accelerate the development of 500 MW of solar and storage projects in Illinois, Ohio and Texas, backed by an international banking consortium.

Kinder Morgan posts sustained growth and strengthens project portfolio to $9.3bn

Kinder Morgan, Inc. reports strong financial results for the second quarter of 2025, with net profit up 24% and a project backlog boosted by major new investments in natural gas transportation.

The Bureau of Land Management streamlines regulation to speed up American geothermal sector

The Bureau of Land Management removes rules deemed obsolete to facilitate the development of geothermal projects, announcing new geothermal lease auctions in California and Idaho.
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Schlumberger divests assets to secure approval from Canada’s Competition Bureau

The Competition Bureau has required Schlumberger to divest major assets to finalise the acquisition of ChampionX, thereby reducing the risks of market concentration in Canada’s oilfield services sector. —

Syzygy Plasmonics and Velocys launch pioneering 500,000-gallon SAF project in Uruguay

Syzygy Plasmonics selects Velocys Fischer-Tropsch technology to equip the first commercial NovaSAF 1 plant, turning dairy waste biogas into sustainable aviation fuel.

CenterPoint Energy strengthens its measures for Invest 93L and continues resilience actions

CenterPoint Energy remains vigilant as Invest 93L approaches, deploying emergency plans and pursuing upgrades to its electrical infrastructure across the Greater Houston area.
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Kairos Power completes installation of third prototype vessel in Oak Ridge

Kairos Power has installed the vessel for its third test prototype in Oak Ridge, aiming to validate manufacturing methods for its future Hermes reactor supported by the US Department of Energy.

Japan urgently secures LNG cargoes amid critically low reserves

Japan has urgently secured several additional cargoes of liquefied natural gas from the United States to avert an imminent electricity supply shortage caused by rapidly declining national reserves expected at the end of July.

Georgia Power receives approval for 8,500 MW energy growth plan by 2030

The Georgia Public Service Commission approves the 2025 Integrated Resource Plan, which includes major investments in generation, storage and the grid to address the strong rise in electricity demand.
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UK and Czech Republic sign agreement to accelerate civil nuclear development

London and Prague formalise a strategic partnership to develop the nuclear sector, focusing on small modular reactors and industrial cooperation on supply chains.

Nuclear Waste in France: Experts Call for Strengthened Safety Measures

Experts have broadly approved France’s Cigéo deep nuclear waste repository project, highlighting technical uncertainties that demand stronger guarantees for long-term safety.

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.
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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.

Harmony Energy sells 200 MW energy storage project to EDF Renewables Polska

Harmony Energy has completed the sale of a 200 MW battery energy storage project to EDF Renewables Polska, strengthening its position in the Polish market while supporting the country’s energy transition.

France: Fabrice Coudour takes over FNME-CGT, a key union in the energy sector

The National Federation of Mines and Energy of the General Confederation of Labour (FNME-CGT) has elected Fabrice Coudour as secretary general. He succeeds Sébastien Ménesplier and inherits strategic issues, including the opening of hydropower concessions to competition.

The French Government announces the delay of the commissioning of the EPR2 reactors to 2038

President Emmanuel Macron has announced an additional delay for the commissioning of the first EPR2 reactors, now set for 2038 instead of 2035. This decision was made during a meeting dedicated to the nuclear program.
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Nexans sells its industrial division Lynxeo to Latour Capital for 525 million euros

Nexans has announced that it has entered into exclusive negotiations with the investment fund Latour Capital for the sale of Lynxeo, its industrial cable division, for an amount of 525 million euros. This transaction is part of the group’s strategy to focus on electrification.

France: Carester launches rare earth recycling plant in Lacq with €216 mn funding

Lyon-based company Carester has begun construction of a rare earth recycling and refining plant in Lacq, Pyrénées-Atlantiques, after securing €216 million in funding from the French government and Japanese partners. The site, named Caremag, is set to begin operations by the end of 2026.

France: uncertainties and challenges in industrial transformation at Fos-sur-Mer

In Fos-sur-Mer, the transformation of the industrial-port zone into a low-carbon industrial hub raises both ambitions and questions. Despite announced investments, challenges related to infrastructure, energy, and timelines remain significant.
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Engie Finalizes Extension of Doel-Tihange Reactors with Belgian State

Engie has finalized a ten-year extension agreement with the Belgian state for the Doel 4 and Tihange 3 nuclear reactors, including a financial responsibility transfer related to spent fuel, following recent approval by the European Commission.

France: EDF Renouvelables faces justice over the mortality of protected birds

The Montpellier criminal court must rule on the criminal liability of EDF Renouvelables and its subcontractors regarding the excessive mortality of protected birds at the Causse d’Aumelas wind farm, located in a Natura 2000 zone.

France authorises the reuse of wastewater in industry and nuclear sectors

The French government has issued a decree expanding the use of treated wastewater to industrial and nuclear sectors, aiming to reduce pressure on water resources.
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Compliance of EPR2 Penly concrete: Eiffage and EDF refute allegations

Tests on the concrete of the EPR2 Penly seawall have raised doubts about its compliance with safety standards, according to Mediapart and Reporterre. EDF and Eiffage contest these claims, asserting that the material meets technical requirements.

Emmanuel Macron to Chair Nuclear Policy Council Focused on SMRs and Uranium Supply

On Monday, President Emmanuel Macron will chair a Nuclear Policy Council focused on small modular reactors (SMRs) and uranium supply, within a global context of renewed interest in nuclear energy.

TotalEnergies vs NGOs: Frequent Accusations, Rarely Convicted

TotalEnergies faces multiple lawsuits initiated by international NGOs over environmental and social issues related to its global projects. While several cases remain ongoing, the majority have been dismissed or dropped by the courts, questioning their legitimacy.
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Washington approves $4.7 billion loan for TotalEnergies in Mozambique

The United States reactivates a major loan for TotalEnergies' Mozambique LNG project, stalled since 2021 due to a jihadist attack. The funding should enable a market-anticipated restart by 2030.

Major companies pledge to triple global nuclear capacity by 2050

A group of technology and energy companies, along with 31 countries, has signed a pledge to triple global nuclear capacity by 2050, supporting a strategic expansion of this energy source.

UK: 3.6% reduction in emissions in 2024, coal usage at historic low

UK greenhouse gas emissions decreased by 3.6% in 2024, marking a slowdown in the pace of reduction. The end of coal usage in electricity production and the rise in electric vehicles contributed to this trend.
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More than 160 Senators Call for a Revision of the French Multi-Year Energy Programme

More than 160 senators from the right and centre have urged François Bayrou to suspend the publication of the third Multi-Year Energy Programme (PPE 3), criticizing its lack of a comprehensive vision and calling for greater parliamentary involvement in defining the energy mix.

Tesla plans to double its production in the United States by 2027

Elon Musk announced that Tesla will increase its electric vehicle production in the United States over the next two years. This statement comes as the company faces declining sales and stock market volatility.

Viridien raises $925 million to refinance its debt

Viridien S.A. has completed a $925 million senior secured bond issuance to refinance its second-lien debt and strengthen its liquidity profile. Rating agencies have upgraded their assessments following this transaction.
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United States sets new record with 50 GW of installed solar capacity

In 2024, the United States added 50 gigawatts (GW) of solar power to its grid, marking the largest single-year addition of capacity by any energy technology over the past two decades.

Newcleo and Danieli Sign Nuclear Partnership to Decarbonize European Steel Industry

Newcleo and Danieli have signed a strategic agreement to integrate advanced nuclear reactors into steel production processes, aiming to eliminate fossil fuel use amid rising energy costs in Europe's industrial sectors.