Asia dominated global new renewable energy capacity in 2024 with 71% of installations, while Africa recorded limited growth of only 7.2%, according to the latest annual report from IRENA.
Global CO₂ emissions reach a record level in 2024, while Europe reports a local decrease but significantly outsources its pollution to emerging economies, revealing a pronounced gap between stated ambitions and economic realities.
New US tariff measures are driving up energy sector costs, with a particularly strong impact on storage and solar, according to a study by Wood Mackenzie.
Engie validates hydrogen storage in salt caverns, opening a strategic market for industrial firms and energy producers facing the rise of renewable gases and the need to diversify technical solutions to meet increasing demand.
The NGO Reclaim Finance ranked BPCE last among twenty major European banks for its lack of commitment to the transition towards carbon neutrality, according to a study published on Tuesday.
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.
The Trump administration is detailing its energy priorities in Houston this week, focusing on deregulation and support for fossil fuels. The CERAWeek conference, which gathers key industry players, will serve as the stage for these announcements.
In February 2025, US LNG exports to Europe reached a historic high, with the UK as the top importing country, as demand for natural gas continues to grow in the European market.
Global demand for liquefied natural gas (LNG) is expected to rise by 60% by 2040, driven by economic growth in Asia, emissions reduction efforts in industry and transport, and the impact of artificial intelligence, according to Shell.
Lightsource bp has signed 10 power purchase agreements in 2024, representing 1.3 gigawatts of capacity, spanning Europe, the Americas, and the Asia-Pacific region.
Trade restrictions and the concentration of critical mineral supply expose supply chains to increasing risks. Despite a currently well-supplied market, the IEA warns of future shortages that could impact strategic industries.
Gas prices in Europe have surpassed $620 per 1,000 cubic meters, reaching a level not seen in two years. At the same time, underground gas reserves have dropped below 50%, with withdrawal rates among the highest ever recorded for February. ##
Westbridge Renewable Energy is developing five new battery energy storage system projects in Alberta, totaling 539 MWh, strengthening Canadian energy infrastructure and supporting the transition to renewable energy.
According to the KOMO Q1 2025 report by KAPSARC, India will dominate global oil demand growth with an additional 220 Kb/d, surpassing China and reaffirming Asia's central role in the energy market.
Russia reports that nine Ukrainian drones targeted a TurkStream pipeline station, without disrupting deliveries to Europe. This incident highlights the geopolitical stakes of energy infrastructure.
The DOE warns of economic and climate risks associated with increased liquefied natural gas (LNG) exports, with an estimated 31% rise in wholesale prices and significant social impacts.
The Norwegian industry anticipates a 4% increase in offshore investments in 2025, reaching NOK 275 billion, with enhanced exploration to slow the natural production decline.
Energy prices in Europe far exceed those in the United States and China, putting the manufacturing industry at a disadvantage. An urgent review of energy and industrial policies is needed to safeguard European competitiveness.
Tunisia plans to initiate its hydrogen projects by 2030. With agreements signed by international industrial partners, the country aims to export this energy carrier massively to Europe.
Sonatrach is investing $2.3 billion to optimize the Hassi R'Mel gas field, aiming to sustain natural gas production and strengthen Algeria's energy position in Africa and Europe.
Saudi Arabia has identified Italy as a key partner for the export of green hydrogen to Europe, in response to growing demand for low-carbon energy solutions.
Poland is aiming for 56% renewable energy in its electricity by 2030, with an investment of 792 billion zlotys, according to the draft national plan submitted to the EU.
Q ENERGY finalizes EUR 50.4 million financing for "Les Ilots Blandin", a floating solar power plant in France, with the support of Crédit Agricole Transitions & Energies and Bpifrance.
Qair and Vibracoustic sign a 12-year contract to supply renewable electricity to Poland, with a planned output of 180 GWh per year, reducing energy costs and CO2 emissions by 146,000 tonnes annually.
Octopus Electroverse reaches 850,000 charging points for electric vehicles in Europe, optimizing access to an interoperable network at no additional cost to users.
Ingrid Capacity and Locus Energy, a subsidiary of SEB Nordic Energy, are working together to develop 196 MW of battery energy storage systems in Sweden, aimed at boosting the flexibility of the electricity grid.
Botas and Shell sign a 10-year contract to supply 4 billion cubic meters (Gm3) of liquefied natural gas (LNG) per year from 2027, strengthening Turkey's energy security and supply options.
The use of captured carbon dioxide can improve the profitability of carbon capture projects, but economic, technological and regulatory constraints hinder its widespread adoption.
Despite high European inventories, the global LNG market remains exposed to supply risks and growing demand from Asia and Latin America, fuelling tensions ahead of winter.
The European Union bans the transshipment of Russian LNG in its ports, complicating Yamal LNG's exports.
This tightening of sanctions could upset the balance of the global gas market.
Azerbaijan, rich in oil and gas, is adjusting its energy policy to maintain its position on international markets while responding to the challenges of an economy overly concentrated on hydrocarbons.
OPEC+ is sticking to its strategy of increasing oil production from October onwards, despite downward pressure on Brent and WTI prices and expectations of market stabilization.
AM Green Ammonia finalizes the investment decision for a green ammonia production unit in Kakinada, India, targeting production of one million tons per year by 2026.
The fuel oil market is expected to reach USD 260.1 billion by 2030, with average annual growth of 4.61%, despite the challenges posed by environmental regulations and price volatility.
