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.
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.
Drax’s generation site recorded a 16% rise in its emissions, consolidating its position as the UK’s main emitter, according to analysis published by think tank Ember.
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.
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 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 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, 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 removes rules deemed obsolete to facilitate the development of geothermal projects, announcing new geothermal lease auctions in California and Idaho.
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. —
CenterPoint Energy remains vigilant as Invest 93L approaches, deploying emergency plans and pursuing upgrades to its electrical infrastructure across the Greater Houston area.
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 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.
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.
London and Prague formalise a strategic partnership to develop the nuclear sector, focusing on small modular reactors and industrial cooperation on supply chains.
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.
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.
TotalEnergies’ Mozambique LNG gas project is at the centre of a legal challenge in Washington, following the approval of a $4.7 bn loan by the US Exim Bank, amid security concerns and opposition from civil society groups.
Sabanci Renewables announces the acquisition of the Texan solar project Pepper from OCI Energy, strengthening its US portfolio to 660 MW and paving the way for an increase to 3 GW by 2030.
Growth in global oil and gas investment will slow in 2024, but will remain well above the levels needed to meet climate targets by 2030, according to the International Energy Agency (IEA).
TotalEnergies and Air Products join forces to decarbonize European refineries with 70,000 tonnes of clean hydrogen a year from 2030. This partnership marks a key step towards reducing CO2 emissions in the oil industry.
The voluntary carbon credits market welcomes its first credits with the high integrity label, marking a crucial turning point for the sector's credibility and clarity.
Norway is planning a rapid increase in gas exports to Great Britain via the Langeled pipeline, in response to a recent blackout affecting European prices.
OPEC+ is maintaining its production cuts until September, causing fluctuations in crude prices and increased demand for VLCC carriers, according to experts.
The World Bank approves $40 million in financing to support Armenia's energy transition, aimed at modernizing transmission infrastructure and promoting renewable energies.
Gresham House Energy Storage Fund plc secures fixed contracts with Octopus Energy for 568MW of capacity, boosting annual revenues and stabilizing cash flow.
TotalEnergies strengthens its position in the UK market with the purchase of West Burton B, a 1.3 GW gas-fired power station in England, for £450 million. This strategic acquisition is designed to support the company's flexible power generation capacity.
Sumitomo Corp plans to install 500 MW of battery energy storage in Japan by 2031 to stabilize the supply of renewable energy and improve the efficiency of the energy system.
Global warming caused by human activities is reaching unprecedented levels, warn researchers, underlining the urgent need for decisive action to limit temperature rises.
The International Atomic Energy Agency (IAEA) has adopted a resolution to sanction Iran for its increasing nuclear activities, exacerbating international tensions.
NANO Nuclear Energy Inc. welcomes Professor Massimiliano Fratoni from the University of California, Berkeley to lead the development of its advanced portable microreactor "ZEUS".
Hydrogen prices in California maintain their status as the most expensive in the world, reaching $32.94/kg according to the assessment of Platts, a division of S&P Global Commodity Insights.
