Donald Trump says US oil companies could restart production in Venezuela within two years following the removal of Nicolás Maduro, despite the scale of investment required.
Sinexcel has commissioned its first 1.5 MW/3 MWh energy storage system in Ukraine, supporting local grid stability and strengthening its presence in the European market.
Nexera Energy has acquired producing oil properties in South Texas as part of a financial settlement with Hagco Energy and Hugocellr involving more than $600,000 in unpaid fees.
ENGIE’s Knox 2A and 2B solar projects will supply electricity to 443 residential and commercial customers while generating more than 8.2 million kilowatt-hours annually.
SolarMax has secured a $258.1mn engineering, procurement and construction contract for a 600 MWh energy storage installation in Corpus Christi, marking a strategic move in the US market.
Ormat Technologies has launched commercial operations of Arrowleaf, a hybrid project combining 42MW of solar and 140MWh of storage, under a long-term contract with San Diego Community Power.
Clearlight Energy announces the appointment of Carolyne Murff as Chief Executive Officer and Matt Mitchell as Chief Financial Officer, marking a new phase of development for its 4.3 GW renewable portfolio in North America.
Unit 2 of the Zhangzhou nuclear power plant, in Fujian province, has officially begun commercial operation after successfully completing all commissioning tests.
The group of major oil producers extends its stability strategy despite a drop in prices of more than 18% in 2025 and projected supply surplus for the coming year.
Norwegian group Borr Drilling has announced two contractual commitments for its Ran and Odin rigs, extending its activities in the Americas through 2027.
SolarMax Technology has signed two engineering, procurement and construction contracts for 400 MWh energy storage projects in Puerto Rico, with expected revenues totalling $158.3mn.
Lane42 Investment Partners has completed the acquisition of Aqua Terra Permian, a wastewater infrastructure operator in the Permian Basin, aiming to expand its footprint in strategic midstream services.
Quantum Capital Group sells nearly 90% of Cogentrix assets to Vistra for $4.7bn, marking a strategic repositioning of gas-fired assets in the United States.
Plains All American Pipeline and Plains GP Holdings announce a 10% increase in quarterly distributions ahead of their fourth quarter 2025 financial results release.
Brent crude fell to its lowest level since 2021, as persistent oversupply throughout 2025 weighed on prices despite isolated geopolitical tensions and China’s strategic stockpiling.
Work has begun at the Bailong and Lufeng sites with concrete poured for the nuclear islands, marking the start of construction for two CAP1000 reactors.
Eni and Repsol are facing difficulties recovering payments for gas deliveries to Venezuela, with an outstanding balance of $6bn and no clear engagement from U.S. authorities on the matter.
India’s crude imports from Russia could hit an eighteen-month low as Reliance Industries anticipates no shipments in January due to logistical and commercial disruptions.
French group Orano receives USD900mn in public support to establish a new uranium enrichment facility in Tennessee, as part of a broader US nuclear sector revival plan.
Russia has connected its first 1,250 MW VVER-TOI reactor at the Kursk II nuclear power plant to the grid, signalling a key step toward full commissioning by 2034.
Pipeline natural gas deliveries from Russia to the European Union dropped by 44% in 2025, reaching their lowest level in five decades following the end of transit via Ukraine.
Frontera Energy has signed a crude supply deal worth up to $120mn with Chevron Products Company, including an initial $80mn prepayment and an option for additional funding.
Amplify Energy has completed the sale of its Oklahoma assets for $92.5mn, as part of its strategy to streamline its portfolio and optimise its financial structure.
NextNRG strengthens its domestic battery supply by signing a memorandum of understanding with A123 Systems, targeting the deployment of energy storage systems manufactured in the United States across its national project portfolio.
Amber Grid has signed an agreement to maintain gas transit to Russia’s Kaliningrad exclave, with a daily capacity cap of 10.5 mn m³ until the end of 2030, under a framework regulated by the European Union.
LG Energy Solution terminated a KRW3.9tr agreement with Freudenberg Battery Power System amid the US electric vehicle market’s decline and its partner’s strategic withdrawal.
Ankara confirmed new Russian funding for the Akkuyu project, Turkey’s first nuclear site, strengthening its energy ties with Moscow and advancing its domestic nuclear ambitions.
Australian producer Woodside has signed a binding agreement with Turkish state-owned company BOTAŞ for the delivery of 5.8 billion cubic metres of LNG starting in 2030.
Niger’s military regime disputes theft allegations by French prosecutors after uranium stock vanished from a nationalised site previously operated by Orano.
BayWa r.e. continues its strategic transformation with the sale of 2.2 GW of projects, a withdrawal from Asian markets, internal reorganisation, and a rebranding planned for 2026.
Stardust Power has secured $15mn in convertible financing to support early-stage construction of its lithium carbonate production site in Muskogee, marking progress toward an industrial-scale strategic metals facility.
CB&I acquires Petrofac's Asset Solutions division, targeting revenue diversification and geographic expansion, with nearly 3,000 new employees expected to join the group.
Condor Energies has completed a $13.65mn private financing to deploy a second drilling rig and intensify a 12-well gas programme in Uzbekistan scheduled for 2026.
Hurricane Ventures, the investment fund affiliated with the University of Tulsa, has invested in Tobe Energy, a startup developing a membrane-free electrolysis system to produce low-cost clean hydrogen at industrial scale.
Rosatom successfully completed a series of tests on its high-temperature gas-cooled reactor fuel, validating its performance at up to 1,700 °C under prolonged irradiation conditions.
Subsea7 has secured a subsea installation contract from LLOG for the Buckskin South project, scheduled for execution between 2026 and 2027, strengthening its position in the Gulf of Mexico and boosting its order book visibility.
Interceptions of ships linked to Venezuelan oil are increasing, pushing shipowners to suspend operations as PDVSA struggles to recover from a cyberattack that disrupted its logistical systems.
The Trump administration has ordered the immediate halt of five major offshore wind construction sites in the Atlantic, citing national security threats and drawing mixed reactions from industry and political circles.
Policy reversals, reduced performance and corporate disengagement marked an unprecedented slowdown in wind power in 2025, although China continued its expansion at a steady pace.
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.