France

TotalEnergies in Mozambique: $4.7 bn US loan challenged in court by NGO

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 acquires 120 MW of solar in Texas from OCI Energy

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.

Brookfield signs 3,000 MW agreement with Google for hydropower in the United States

Brookfield and Google formalise an unprecedented framework agreement to supply up to 3,000 MW of hydropower, with initial contracts worth more than $3 billion for facilities in Pennsylvania.
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U.S. Midstream: Gas pipeline projects shift focus to West and Northeast

Investors are closely watching U.S. midstream companies’ announcements regarding new gas pipeline expansions targeting promising markets in the West and Northeast, beyond traditional regions in Texas and the Southeast.

PPL Corporation and Blackstone Infrastructure launch gas partnership to power data centers in Pennsylvania

PPL Corporation and Blackstone Infrastructure announce a strategic partnership to develop new gas-fired power plants to supply electricity to data centers through long-term contracts in Pennsylvania.

U.S. Giants Invest Massively in AI and Energy in Pennsylvania

Several major U.S. corporations announce investments totaling nearly USD 90 billion to strengthen energy infrastructure in Pennsylvania, aimed at powering data centers vital to the rapid growth of the artificial intelligence sector.
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Trump mobilises USD92bn in private investment for AI and electricity in the United States

Nearly USD92bn will be invested by major American and international groups in new data centres and energy infrastructure, responding to the surge in electricity demand linked to the rise of artificial intelligence.

SolaREIT deploys over $125mn to finance land for battery storage in the United States

SolaREIT announces it has committed more than $125mn to battery storage projects, supporting over 1.4 GW across the United States with land solutions dedicated to sector developers.

The French solar federation organises itself amid current political and economic attacks

The National Solar Energy Federation, launched on 21 June and formalised on 14 July, brings together installers, equipment suppliers and financiers to defend photovoltaics against political criticism as Paris prepares a new energy roadmap.
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London reinstates grants to accelerate electric-vehicle adoption

The British government is mobilising USD845mn to subsidise electric-car purchases, easing pressure on an industry hit by US tariffs and preparing for the 2030 ban on internal-combustion engines.

Global battery storage market to reach $143bn by 2031

Driven by rising electricity demand, the battery energy storage systems market is set to soar, according to The Insight Partners, growing from $41.97bn in 2024 to $143.28bn in 2031 at an average annual rate of 17.91%.

Desri launches the Santa Teresa solar and storage plant in New Mexico

New York developer DESRI, together with utility El Paso Electric, starts construction of the 150 MWac Santa Teresa solar complex and its 600 MWh storage system, financed by an international banking consortium.
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Geronimo Power launches a 250 MW solar project in Wisconsin

Renewable developer Geronimo Power begins construction of the 250 MW Portage Solar park, expected to generate more than $100 mn in cumulative economic impact in Wisconsin, according to a news release issued on July 15 by PR Newswire.

BP raises second-quarter production forecast driven by US shale growth

BP revised upwards its production forecast for the second quarter of 2025, citing stronger-than-expected results from its US shale unit. However, lower oil prices and refinery maintenance shutdowns weighed on overall results.

Serbia seeks new US sanctions waiver for NIS amid geopolitical tensions with Russia

Belgrade is engaged in complex negotiations with Washington to obtain a fifth extension of sanctions relief for the Serbian oil company NIS, which is majority-owned by Russian groups.
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GE Vernova modernises TransnetBW’s key cross-border power hub in Germany

GE Vernova has secured a major contract to modernise the Kühmoos substation in Germany, enhancing grid reliability and integration capacity for power flows between Germany, France and Switzerland.

Hynamics UK and Hy24 join forces for £300mn green hydrogen project in Fawley

Hynamics UK and Hy24 have signed an exclusive agreement to develop the Fawley Green Hydrogen project, backed by the UK HAR2 scheme, to supply green hydrogen to ExxonMobil's petrochemical complex.

European Commission Warns on Chinese Competition, International Agencies Respond

Several international agencies have echoed warnings by Teresa Ribera, Vice-President of the European Commission, about commercial risks related to Chinese competition, emphasizing the EU's refusal to engage in a price war.
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PetroTal increases production by 15% in Q2 2025 and strengthens liquidity

PetroTal Corp. records production growth in the second quarter of 2025, improves its cash position and continues replacing key equipment at its main oil sites in Peru.

South Texas Electric Cooperative launches tender for 500 MW of dispatchable capacity

South Texas Electric Cooperative is seeking proposals for the acquisition or purchase of energy for 500 MW of dispatchable capacity, aiming to strengthen long-term supply security in the ERCOT region.

Red Sea emergency MV Sounion tow threatens global environment

The towing of the MV Sounion oil tanker in the Red Sea has raised major concerns about the environment and maritime safety. The geopolitical tensions exacerbated by this crisis highlight the urgent need for international cooperation to prevent future disasters.

ESO nationalized, UK embarks on sustainable transition

The British government is nationalizing the electricity grid operator, ESO, to strengthen its energy transition. With an investment of £630 million, this initiative aims to integrate renewable energies and reduce dependence on fossil fuels.

Venezuela: political tensions and US sanctions impact oil prices

Recent US sanctions against Venezuelan officials aim to weaken support for Maduro's regime, while raising questions about the long-term impact on the country's oil sector and economic stability.
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Saudi Arabia strengthens nuclear policy with comprehensive safeguards agreement

Saudi Arabia plans to move from a Limited Quantities Agreement to a Full Safeguards Agreement with the IAEA by the end of 2024, marking a turning point in its nuclear policy and responding to international concerns about non-proliferation.

Enriched uranium: Geopolitical tensions and supply issues

The current dynamics of the enriched uranium market are marked by geopolitical tensions and regulatory changes. Companies like Centrus need to adapt to these challenges to secure their supply and meet the sector's growing needs.

U.S. strategies towards Venezuela, between sanctions and migration issues

US policy towards Venezuela oscillates between economic sanctions and migration concerns. As the Biden administration weighs up its options, geopolitical and humanitarian issues complicate the situation, making the future uncertain for the region.
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U.S. elections: Pennsylvania’s shale gas dilemma

Natural gas development in Pennsylvania is becoming a crucial issue in the US presidential elections. Between economic opportunities and environmental concerns, voters are divided, making this topic central to the debate between Donald Trump and Kamala Harris.

Brookfield invests $1.1 billion in Infinium eFuels for sustainable aviation

Brookfield is investing up to USD 1.1 billion in Infinium, aimed at increasing the availability of sustainable fuels for aviation and heavy industry, marking a significant step forward for alternative energies.

HRS wins its first order in Italy for a hydrogen station

HRS signs an agreement for the delivery and installation of a hydrogen station in Italy. This project is part of the national strategy for the deployment of hydrogen mobility infrastructures.
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Baker Hughes unveils CarbonEdge™, a CCUS project optimization platform

Baker Hughes launches CarbonEdge™, a digital platform for carbon capture, utilization and storage projects, facilitating risk management and regulatory monitoring.

A mix with more renewables and -30% gas in France by 2035

Projections by gas industry players in France anticipate a 30% reduction in gas consumption by 2035, with a marked increase in renewable gas to meet European climate targets.

France: SER calls for an independent ministry for energy and transition

The Syndicat des énergies renouvelables (SER) is lobbying for a ministry dedicated to energy and climate policy in Michel Barnier's future government, in order to structure an effective strategy for France.
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France well prepared for winter 2024 with gas stocks 90% full

French gas stocks have reached 90%, guaranteeing stability for the winter of 2024 despite the cessation of Russian transit via Ukraine.

Companies quietly abandoning their climate targets

Under pressure from markets and politics, companies are readjusting their climate strategies, raising questions about the sincerity of their decarbonization commitments.

U.S. gasoline prices to fall below $3/gallon by November

US gasoline prices are expected to fall below $3/gallon by the end of October, potentially influencing voters' choices in the run-up to the presidential elections.
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South Korea relaunches its nuclear policy with two new reactors

The South Korean government validates the construction of two nuclear reactors at Uljin, marking a major strategic shift in its energy policy.

NANO Nuclear Energy and GNS develop an advanced fuel transport system

NANO Nuclear Energy signs an agreement with GNS to design an innovative solution for the transportation of advanced nuclear fuels, enhancing the safety and efficiency of operations in the nuclear industry.

Russia may restrict exports of uranium, titanium and nickel

Faced with Western sanctions, Russia could limit its exports of strategic metals such as uranium, titanium and nickel, directly impacting global markets and supply chains.
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NewEnergyBlue acquires Inbicon’s technology and expands its global licenses

NewEnergyBlue buys Inbicon's biomass technology from Ørsted, strengthening its global patent portfolio and licenses.

X-Caliber provides $100 million loan for Cape Station geothermal project

X-Caliber Rural Capital is providing $100 million in financing for Fervo Energy's geothermal project in Utah, designed to deliver 400 MW of renewable energy capacity by 2028.