France

France scraps Arenh and promises stable electricity prices through 2027

A new pricing framework will apply from January 2026 in France, replacing the Arenh mechanism. The state says the reform will not lead to higher bills for most consumers.

Brazil, Guyana and Argentina support global crude oil growth in 2026

Global crude oil production is expected to rise by 0.8 million barrels per day in 2026, with Brazil, Guyana and Argentina contributing 50% of the projected increase.

Nexans sells Autoelectric to Motherson for €207mn, completing its strategic shift

French group Nexans initiates the sale of its Autoelectric subsidiary to India’s Motherson for €207mn ($227mn), marking its full exit from non-electrification activities.
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Davidson Kempner and Fortress take control of Bourbon to relaunch growth

Bourbon enters a new strategic phase following the arrival of Davidson Kempner and Fortress, who have become majority shareholders after a financial restructuring approved by the French courts.

Harbour Energy acquires LLOG Exploration for $3.2bn to boost reserves

Harbour Energy acquires US offshore operator LLOG for $3.2bn, adding 271 million barrels in reserves and establishing a fifth operational hub in the Gulf of Mexico.

France: electricity bills to remain stable in 2026 despite the end of Arenh

The Ministry of the Economy forecasts stable regulated tariffs in 2026 and 2027 for 19.75 million households, despite the removal of the Arenh mechanism and the implementation of a new tariff framework.
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French Electricity Union releases 50 measures to electrify the national economy

The federation of the electricity sector proposes a comprehensive plan to reduce dependence on fossil fuels by replacing their use in transport, industry and housing with locally produced electricity.

Lhyfe expects EUR10mn revenue in 2025 and cuts costs from 2026

Lhyfe aims to double its revenue next year, refocuses industrial priorities and plans a 30% cost reduction starting in 2026 to accelerate profitability.

Washington seizes second Venezuela-linked oil tanker in the Caribbean

US authorities intercepted a second oil tanker carrying Venezuelan crude, escalating pressure on Caracas amid accusations of trafficking and tensions over sanctioned oil exports.
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The French government asks RTE to maintain the THT line project to Fos

The government confirms the continuation of the high-voltage line construction to Fos-Berre, despite criticism from the public debate and local tensions regarding environmental and economic impacts.

Mundi Énergies launches twenty renewable energy hubs in Canada with Haffner Energy

Mundi Énergies partners with Haffner Energy to create a network of twenty multi-energy hubs in Quebec, using residual biomass to produce renewable gas and strengthen Canada’s energy independence.

Newcleo launches European safeguards process for lead-cooled modular reactor

French nuclear reactor developer Newcleo has submitted its lead-cooled small modular reactor design to Euratom, initiating the first regulatory phase to integrate nuclear non-proliferation safeguards at the European level.
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EDF raises cost estimate for six new nuclear reactors to €72.8 billion

French state utility EDF has increased the maximum estimated cost for building six new nuclear reactors to €72.8 billion ($85.29 billion), representing a 40% rise over the original figure.

France postpones publication of energy roadmap to 2026

The government has postponed the release of the new Multiannual Energy Programme to early 2026, delayed by political tensions over the balance between nuclear and renewables.

France: the Council of State bans coalbed methane exploitation in Lorraine

The Council of State has cancelled the authorisation to exploit coalbed methane in Lorraine, citing risks to the region's main aquifer and bringing an end to a legal battle that began over a decade ago.
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Technique Solaire secures €40mn junior debt to support 392 MWp in projects

Technique Solaire has secured €40mn ($43.5mn) in junior debt from BNP Paribas Asset Management to structure two solar portfolios totalling 392 MWp across France, Spain and the Netherlands.

Neoen wins 124 MWp in solar projects in latest French government tender

Independent power producer Neoen has secured six agrivoltaic projects totalling 124 MWp, reinforcing its position as the leading winner in French solar tenders since 2021.

TOPCon 4.0 vs HJT: the financial trade-off in the solar sector in 2026

As the photovoltaic industry enters a phase of deep restructuring, the duel between TOPCon 4.0 and heterojunction technologies is redefining manufacturers’ margins. In 2026, reducing production costs becomes the primary strategic lever for global market leaders.
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Dalkia wins €15bn contract to manage Paris heating network until 2050

The Paris Council awards a €15bn, 25-year contract to Dalkia, a subsidiary of EDF, to operate the capital’s heating network, replacing long-time operator Engie amid political tensions ahead of municipal elections.

Buenos Aires raises biofuel prices for the domestic market

Argentina increased regulated prices for ethanol and biodiesel used in mandatory blending, directly impacting the local industry and domestic fuel market.

Mantle8 records soil gas levels at Comminges, validating its hydrogen exploration technology

Mantle8 has reported exceptional soil gas readings at Comminges, in the Pyrenees, confirming the effectiveness of its proprietary predictive exploration technology for natural hydrogen.

Europeans excluded from nuclear negotiations between Iran and the United States

As nuclear negotiations between Iran and the United States continue, European countries find themselves sidelined, despite their central role in the 2015 agreement.

Verkor begins production testing at its battery plant in Dunkirk

Backed by Meridiam, Verkor's Dunkirk facility begins testing ahead of planned production launch in early 2026, with Renault as a primary client.
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France Chimie warns of potential closure of 47 plants due to trade war

France Chimie warns that 47 industrial sites in France and up to 350 across the European Union could shut down without an emergency response to the escalating trade tensions with the United States and China.

EDF delays Flamanville EPR restart for the fourth time

The restart of the Flamanville EPR reactor, initially scheduled for 17 April, has now been postponed to 21 April following extended maintenance operations, according to a statement from Électricité de France.

Russia positions itself to facilitate a nuclear agreement between Iran and the United States

The Kremlin has confirmed its willingness to actively support a diplomatic resolution on Iran’s nuclear file, ahead of a new round of talks between Tehran and Washington scheduled for this Saturday.
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Low-carbon hydrogen: France acknowledges delay and lowers its 2035 targets

Paris scales back its hydrogen roadmap, reducing the target to 4.5 GW by 2030 and 8 GW by 2035 amid weak demand and technological delays.

IEA lowers global oil demand forecast amid rising trade tensions

The International Energy Agency anticipates weaker oil demand growth in 2025, driven by US tariff tensions disrupting market stability and weighing on the shale oil sector.

TotalEnergies secures two strategic LNG contracts in Texas and the Caribbean

TotalEnergies expands its liquefied natural gas portfolio with a long-term supply deal in Texas and a sales contract to the Dominican Republic starting in 2027.
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Gas conversion of the Émile Huchet plant: 500 jobs secured in Saint-Avold

The coal-fired plant in Saint-Avold will be converted to gas and biogas under a recently approved law, preserving 500 jobs without public financial support.

France: Ferracci accuses RN of promoting fossil energy dependence

Industry Minister Marc Ferracci criticised the Rassemblement National's stance on energy, accusing it of hindering planned investments in renewables in favour of fossil fuel imports.

France postpones hydrogen strategy announcement to Wednesday as industry awaits clarity

The French government has delayed by 24 hours the presentation of its new hydrogen strategy, now scheduled for Wednesday, amid expectations from industry facing weak demand and high production costs.
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VALOREM and Arkéa structure €22mn debt for 63 rooftop solar projects

Groupe VALOREM secured €22mn in funding with Arkéa Banque to develop 63 rooftop photovoltaic plants in Nouvelle-Aquitaine and Occitanie, consolidating its model in a shifting French solar market.

McPhy Energy initiates conciliation proceedings to secure industrial continuity

Facing cash flow difficulties, McPhy Energy launches a judicial conciliation and issues a call for bids for a potential asset sale before the end of June.

Towt maintains transatlantic line despite trade tensions with Washington

Havre-based shipowner Towt continues its sail-powered maritime operations between Le Havre and New York despite new US tariffs, while announcing fleet expansion to eight vessels by 2027.
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French lithium: Pilot site near Nancy tests semi-industrial extraction

In Vandoeuvre-lès-Nancy, an experimental station is assessing the economic feasibility of extracting lithium from rocks, in connection with Imerys’ future mining site in Allier.

The global green hydrogen market to reach $19.2bn by 2032

The green hydrogen industry is expected to grow at an average annual rate of 45.6% through 2032, driven by industrial demand, hydrogen mobility, and public decarbonisation policies.

EDF extends shutdown of Flamanville EPR due to additional maintenance operations

EDF announced on April 10 the extension of the shutdown of the Flamanville EPR nuclear reactor, initially scheduled to restart on April 12, due to new maintenance operations within its nuclear zone.
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The French government to unveil revised hydrogen strategy on 15 April

Prime Minister François Bayrou has announced the imminent release of the revised hydrogen strategy, awaited for months by industry players facing insufficient demand.

France: a fact-finding mission launched on nuclear electricity pricing

The French National Assembly has launched a mission to analyse nuclear pricing and anticipate the effects of the 2026 tariff reform amid heightened tensions over energy costs.