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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.

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.
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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.

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.
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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.

Graphano Energy unveils an initial resource estimate for the Lac Saguay graphite deposit

Graphano Energy announces an initial mineral resource estimate for its Lac Saguay graphite properties in Québec, highlighting immediate development potential near major transport routes, supported by independent analyses.

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. —
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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.

Saturn Oil & Gas buys back over 1.6 million shares for C$3.46mn in Canada

Saturn Oil & Gas Inc. confirms the acquisition of 1,608,182 common shares for a total amount of USD3.46mn, as part of its public buyback offer in Canada, resulting in a reduction of its free float.
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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.

Brasilia Prepares Trade Countermeasures Amid New U.S. Tariffs of 50%

Brazil adopts new rules allowing immediate commercial measures to counter the U.S. decision to impose an exceptional 50% customs tariff on all Brazilian exports, threatening stability in bilateral trade valued at billions of dollars.
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Bomb attack halts operations on Colombia’s Caño Limón-Coveñas oil pipeline
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Occidental Petroleum reduces production in the Gulf of Mexico in the second quarter
Iberdrola secures €2.5bn credit line from 32 international banks
Warsaw seeks EU green light for $49bn nuclear project

India and China, Leaders of Electrical Growth in 2024-2025

India and China will dominate global electricity demand in 2024-2025, with increases of 8% and 6.5%, according to the IEA, driven by economic growth and heat waves.
Croissance électricité Inde Chine

Cowboy Clean Fuels raises USD 13 million for its renewable gas

Cowboy Clean Fuels announces the closing of a $13 million Series B financing to commercialize its renewable natural gas production and carbon dioxide sequestration technology.
Illustration of CO2 sequestration equipment

Nordex Group launches N169/5.X turbine for the US market

Nordex Group launches the N169/5.X turbine, adapted to US market conditions with local production to meet the requirements of the Inflation Reduction Act.
An image of the Nordex wind turbine in operation in an American landscape.

IsoEnergy sells its Argentine projects to Jaguar Uranium Corp.

IsoEnergy Ltd. announces the sale of 100% of the shares of its subsidiary holding the Laguna Salada and Huemul projects in Argentina to Jaguar Uranium Corp. This transaction is part of IsoEnergy's strategy to focus on its core assets in the United States, Canada and Australia, while strengthening its equity portfolio.
Site du projet la Laguna Salada de IsoEnergy

Azerbaijan and Russia discuss gas transit via Ukraine

Azerbaijan is negotiating with Russia to extend gas transit via Ukraine, which is essential for Austria and Slovakia, according to President Aliyev.
Transit gaz azerbaïdjanais Ukraine

Freeport LNG resumes exports after Hurricane Beryl

Freeport LNG, the second largest LNG exporter in the United States, resumes shipments after the shutdown caused by Hurricane Beryl, with processing capacity at half capacity.

Ohmium inaugurates a 2GW PEM cell gigafactory near Bengaluru

Ohmium launches a 2GW PEM electrolyser gigafactory in India to meet growing global demand for green hydrogen.
Usine d'électrolyseurs PEM

Porsche ready to intervene to save Varta from bankruptcy

Varta is in a delicate financial situation and is considering restructuring its debt. Porsche, the carmaker, could play a key role in the company's turnaround.
Restructuration financière Varta Porsche

Training Wind Turbine Repairers: A Vertiginous Challenge in the USA

Training wind turbine maintenance technicians in the USA is essential to keep pace with the rapid growth of the wind power industry, but presents a major challenge for instructors and students alike.
Technicians on top of a wind turbine for repairs

SolarBank obtains permit for 3.25 MW solar project in Camillus, NY

SolarBank Corporation obtained the special permit for its 3.25 MW solar project in Camillus, New York, eligible for incentives under NYSERDA's NY-Sun program.
Projet solaire communautaire Camillus

R.Power inaugurates a new 4.8MWp photovoltaic farm in Portugal

Polish developer R.Power has inaugurated a new 4.8 MWp photovoltaic farm in Serta, Portugal, strengthening its presence in the local market.
Expansion photovoltaïque au Portugal

Strong growth in European wind energy investment

Investment in wind power in Europe is at record levels, boosted by favorable policies and technological advances.
Investissements éolien européens records

First Solar inaugurates the largest solar R&D center in the Western Hemisphere

First Solar has inaugurated a research and development center in Lake Township, Ohio, marking a strategic step towards strengthening its leadership in thin-film photovoltaics.
Investissement stratégique dans la R&D solaire

Russia boosts Sakhalin drilling capacity despite sanctions

A semi-submersible drilling rig will arrive in Sakhalin to drill a well in a field hit by US sanctions, illustrating Russia's energy resilience.
Sakhalin gas drilling Russia

Venezuela’s oil renaissance: environmental and economic challenges

Venezuela, with the world's largest oil reserves, is struggling to revitalize its oil industry despite sanctions, pollution of Lake Maracaibo and environmental challenges.
Relance pétrolière au Venezuela

EU to impose tariffs on Chinese biodiesel under anti-dumping rules

The European Union plans to impose provisional duties on Chinese biodiesel, sold at prices deemed unfair. An investigation could lead to definitive duties for five years by February.
Antidumping biodiesel UE-Chine

Demand for air conditioning prolongs coal-fired power plant operation

Global demand for electricity, driven by the growing need for air conditioning, is keeping coal-fired power plants running despite the rise of renewable energies, according to the International Energy Agency (IEA).
augmentation demande électricité climatiseurs IA

Europe: Reducing Refining Capacity in the Face of Energy Transition

Europe's once-thriving refining industry is gearing up for a historic capacity reduction, driven by the pressures of the energy transition and falling margins.
Réduction capacité raffinage Europe

25% reduction in gas consumption in European power plants

European power plants are expected to reduce their gas consumption by 25% this summer, thanks to increased solar and hydro capacity.
Réduction consommation gaz centrales électriques

Growing international business for Halliburton and Schlumberger

Oil services giants Halliburton and Schlumberger (SLB) see continued growth on the international market, while North America posts mixed results.
Croissance internationale des services pétroliers
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