Energie Baden-Württemberg AG announces the completion of a €3.1bn capital increase to support its investment plan, with strong shareholder participation, marking a major milestone for the group’s financial strategy.
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.
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.
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 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.
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.
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.
Norwegian industrial group Aker ASA achieved a strong surge in its share price in the first half, expanded its diversification into real estate, and executed major transactions despite global energy market volatility.
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.
American car giants GM and Ford are reviewing their strategies in the face of slowdowns in the electric vehicle market and the meteoric rise of Chinese manufacturers.
Hy2gen Canada, a subsidiary of Hy2gen AG, has obtained a block of hydroelectricity from Hydro-Québec for a hydrogen and green ammonia production project in Baie-Comeau.
Noble Corporation plc announces the acquisition of Diamond Offshore Drilling, Inc. in a transaction valued at $1.9 billion, strengthening its position in the offshore drilling sector.
China is targeting green hydrogen production capacity of 220,000 tonnes per year by the end of 2024, exceeding its national 2025 targets thanks to a rapid expansion of its electrolyzer infrastructure.
The U.S. Department of Energy initiated its new strategy for nuclear fusion energy in 2024, marking a key milestone in the realization of the U.S. Bold Decadal Vision for Commercial Fusion Energy.
Scatec has signed two new agreements with ENEO, increasing solar and storage capacity in Cameroon. The extensions will add 28.6 MW of solar and 19.2 MWh of storage, bringing total capacity to 64.4 MW of solar and 38.2 MWh of storage.
First Hydrogen Corp. has completed a successful trial of its hydrogen fuel cell vehicle (HEV) with Amazon in London, covering 535 km and delivering 3,462 packages. Further enhancements are planned to optimize performance.
New US regulations on fuel consumption standards and the growth in sales of hybrid electric vehicles reveal a dynamic transition towards greener mobility.
PNE AG has finalized the sale of its American division PNE USA, Inc. to Lotus Infrastructure Partners, including a portfolio of energy projects under development.
Aramco's secondary public offering, raising $11.2 billion, attracted a majority of foreign investors, underlining international interest in the Saudi oil giant and the kingdom's economic reforms.
Occidental Petroleum and BHE Renewables launch a joint venture to commercialize TerraLithium's direct lithium extraction (DLE) technology, aimed at producing high-purity lithium from geothermal brines in California.
Igor Sechin, CEO of Rosneft, criticizes the increase in oil production capacity, saying it could destabilize the market despite OPEC+'s reduction efforts.
Hy2gen wins an electricity award for its Baie-Comeau green hydrogen production project, meeting growing energy needs and stimulating the local economy.
JUWI sells two photovoltaic projects to US supplier Tri-State, with a total installed capacity of 327 MW. A third 179 MW project is currently under construction.
Hitachi Energy announces an additional investment of $4.5 billion by 2027 to strengthen its production, R&D and partnership capabilities, aimed at supporting the transition to cleaner energy.