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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.

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.

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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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.

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.

The European Commission commits EUR202mn to the IFMIF-DONES fusion accelerator

The European Union is investing EUR202mn in the IFMIF-DONES project in Granada to test materials intended for future fusion power plants, in cooperation with Spain, Croatia, Italy, and Japan.
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Global business leaders gather in Beijing for inaugural SMI China forum on sustainable innovation

The SMI China Forum brings together international and Chinese leaders for dialogue on supply chains, investment and energy innovation, marking a major step in public-private sector cooperation.

Solar becomes the leading source of electricity in Pakistan

The rapid rise of solar energy is disrupting Pakistan’s electricity sector, forcing the government to revise its tariff policy and introduce new taxes on solar panel imports.

Weichai Power launches 100% biodiesel research vessel in Singapore harbour

The launch of President 100, a harbour vessel powered exclusively by biodiesel, marks a new stage for the experimentation of alternative fuels in Singapore’s maritime sector.
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BHP considers Australian “green iron” sector too costly despite China talks

Mining group BHP sees low-emission iron production in Australia as unprofitable, just as Canberra and Beijing announce closer cooperation to decarbonise the global steel industry.

CNOOC Limited achieves major breakthrough in offshore exploration in the Beibu Gulf

CNOOC Limited announces the discovery of a significant oil and gas reservoir in the buried hills of the Beibu Gulf, opening new opportunities for shallow water exploration off the coast of China.
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LNG Canada launch has no immediate effect on gas prices
Carbon2Nature and Uría Menéndez launch reforestation of 90 hectares in Salamanca
Bomb attack halts operations on Colombia’s Caño Limón-Coveñas oil pipeline
MN8 Energy raises $575mn with Natixis CIB to strengthen its US solar debt
ArcLight Capital acquires Middletown Energy to meet growing energy needs

Blue Hydrogen: Growth and Strategic Investments

The market for blue hydrogen, produced from natural gas with carbon capture and storage (CCS), is booming. Environmental regulations and technological advances stimulate growth. Investments and strategic partnerships strengthen production and infrastructure.
Croissance hydrogène bleu marché

USDA Invests $16.6 Million in a Hydroelectric Power Plant in Kentucky

The USDA is financing a 3 MW hydroelectric power plant on the Kentucky River to support rural energy infrastructure.
Hydroélectricité USDA Kentucky

EIB Global finances €271m for Egyptian companies

The European Investment Bank (EIB Global) has announced financial support of 271 million euros for Egyptian industrial companies. This funding is aimed at reducing pollution, improving energy efficiency and increasing the use of renewable energies, in line with international environmental standards.
L'EIB Global Finance 271 M€ pour les Entreprises Égyptiennes.

Dominican Republic announces renewable energy boom within 3 years

Since 2020, renewable energy production capacity in the Dominican Republic has doubled, reaching 1,126.25 MW by the end of 2023, thanks to bold investments and reforms.
Transition-energetique-République-Dominicaine

China: Growing Opacity on the Use of Renewable Power Plants

China has stopped publishing detailed data on the utilization rates of renewable power plants, signaling a potentially significant strategic adjustment for the energy sector.
Taux d'utilisation centrales renouvelables

Venezuela and the United States resume oil talks

Nicolas Maduro, President of Venezuela, announces the resumption of talks with the United States despite US oil sanctions. A few weeks before the presidential election, these talks, initiated by Washington and accepted by Caracas, aim to respect the agreements signed in Qatar and underline Venezuela's national sovereignty.
Reprise du dialogue entre le Venezuela et les États-Unis pour le pétrole.

Central Atlantic offshore wind auction 6.3 GW up for grabs

The US BOEM will hold an auction for offshore wind projects in the Central Atlantic on August 14, with a potential 6.3 GW offshore Delaware, Maryland and Virginia.
Enchère éolienne offshore Atlantique central

Towards greater dependence on coal in the Philippines and Indonesia

Coal's share of the energy mix in the Philippines and Indonesia continues to grow, holding back the development of renewable energies, according to a recent report.
Dépendance charbon Philippines Indonésie

Senegal: First load of crude oil at Sangomar

Senegal loads its first crude oil cargo at Sangomar, marking a crucial stage in its energy and economic development, with production of 100,000 barrels a day.
Chargement inaugural brut Sangomar

BP joins forces with Masdar and Hassan Allam Utilities for green hydrogen in Egypt

BP, in partnership with Masdar of the United Arab Emirates, Hassan Allam Utilities of Egypt and Infinity Power, has signed a Joint Development Agreement (JDA) to explore the creation of a multi-phase green hydrogen project in Egypt.
Développement hydrogène vert Égypte

Iran: Between economic openness and energy isolation

The Iranian presidential election pits Pezeshkian, who favors economic openness, against Jalili, who favors self-sufficiency. A crucial decision for the country's energy future.
Investissements énergie Iran

PPL Extends Nuclear Feasibility Study to Kentucky

PPL Corporation is expanding its nuclear feasibility study at the Ghent power plant site, exploring new locations and partnerships for nuclear energy.
PPL Étend l'Étude de Faisabilité Nucléaire au Kentucky.

Toshiba inaugurates gas-insulated transformers in Makkah

Toshiba installs seven gas-insulated transformers in the Haram 2 and Haram 3 substations in Makkah, enhancing the safety and reliability of the power supply.
Toshiba inaugure des transformateurs isolés au gaz à Makkah.

Europe struggles to meet its rare earth targets

Europe is struggling to increase its production of the rare earths needed for the energy transition, but faces many challenges in meeting its ambitious targets.
L'Europe peine à atteindre ses objectifs en terres rares.

Japan commits to reducing its GHG emissions by 60% by 2035

Japan is reviewing its energy policy to achieve a 60% reduction in greenhouse gas (GHG) emissions by 2035, in line with COP28 targets.
Le Japon s'engage à réduire ses émissions de GES de 60% d'ici 2035.

Bill Gates mobilizes investors for a green industrial revolution

Bill Gates urges investors to support green technologies, highlighting their profitable potential and crucial role in reducing greenhouse gas emissions.
Révolution industrielle verte Bill Gates

Biden strengthens land protection in Alaska

The Biden administration decides to maintain the protection of 11 million hectares in Alaska, blocking mining and oil projects initiated by the previous administration, including the construction of the Ambler Highway.
Protection terres Alaska Biden

Geopolitical tensions and Chinese demand drive up oil prices

Oil prices are rising, boosted by tensions in the Middle East and robust Chinese demand, while the euro is strengthening after the first round of French parliamentary elections.
Prix du pétrole en hausse

Aramco acquires 10% of Horse, Renault-Geely joint venture

Aramco invests 10% in Horse, a joint venture between Renault and Geely valued at 7.4 billion euros, strengthening its capabilities in internal combustion and hybrid engines.
Partenariat Renault Geely Aramco

Indhyco: New Joint Venture for Green Hydrogen in Spain

Renewco Power and INDHO announce the launch of Indhyco, aiming to develop 1 GW of green hydrogen projects in Spain within five years.
Indhyco : Nouvelle Coentreprise pour l'Hydrogène Vert en Espagne.
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