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Israel

HiTHIUM partners with El-Mor to deploy 1.5GWh of long-duration storage in Israel
Chinese supplier HiTHIUM enters the Israeli market with a strategic agreement to deploy 1.5GWh of long-duration energy storage alongside El-Mor Renewable Energy.
IAEA warns of restricted access to Iranian nuclear site since June strikes
The International Atomic Energy Agency denounces the ongoing inspection blockage at several damaged Iranian nuclear facilities, where stocks of highly enriched uranium remain.

The $400 Million Israel-Cyprus Gas Pipeline Awaits Government Approvals

A $400 million natural gas pipeline connecting Israel to Cyprus, with a capacity of 1 billion cubic meters per year, is awaiting government approvals, according to Energean’s CEO.
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Shanghai Electric signs 342 MW deal with Econergy in Romania
Shanghai Electric has signed phase II of the Parau photovoltaic project with Econergy, expanding its Romanian solar portfolio to 550 MW.
The United States Raises Tariffs Against Colombia on Energy and Metals
The United States announces a tariff increase beyond the 10% base rate targeting several Colombian products. Bogotá has recalled its ambassador. The detailed list of tariff lines has not yet been published, while Colombia’s ban on coal exports to Israel remains in effect.

China cuts its oil surplus to 570,000 barrels per day and prepares a cycle of strategic purchases

The decline in imports and the rise in refining in September reduced China’s crude surplus to its lowest in eight months, opening the way for tactical buying as Brent slips below 61 dollars.
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Jordan: exporting its electricity via Syria, operational levers and constraints
Jordan can export electricity if three conditions align: fuel availability for its power plants, measurable system surplus, and a functional transit framework via Syria to Lebanon with clear metering and settlement rules.
Prisma Photonics raises $30mn to expand its optical fibre infrastructure monitoring platform
Israeli company Prisma Photonics has raised $30mn in a funding round led by Protego Ventures to develop its artificial intelligence-based detection system for power grids and critical infrastructure.

Eco Wave Power deploys BladeRanger drones to automate wave maintenance

Eco Wave Power and BladeRanger have unveiled a first-of-its-kind drone-powered maintenance system for onshore wave energy infrastructure, aimed at reducing operational costs and improving system performance.
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IAEA: Iran held 440.9 kg at 60% before Israeli strikes
A report by the International Atomic Energy Agency puts Iran’s 60% enriched uranium at 440.9 kg before Israeli and U.S. strikes, while the agency’s access to enrichment sites has remained suspended since the operations.
Colombia: Petro blocks coal to Israel in a political showdown
President Gustavo Petro bans all coal exports to Israel, a decision with minor energy effects but strong diplomatic weight, illustrating his anti-Americanism and attempts to reshape Colombia’s domestic politics.

Return of IAEA inspectors to Iran after one month of diplomatic breakdown

Iran once again authorises the International Atomic Energy Agency to inspect its nuclear sites, following a suspension triggered by a dispute over responsibility for Israeli strikes.
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Shikun & Binui commissions a 71 MW solar power plant in Romania
Israeli group Shikun & Binui begins commercial operation of its first photovoltaic park in Romania, a 71 MW facility located in Satu Mare County.
Iraq and Syria Revive Kirkuk-Baniyas Pipeline to Bypass Traditional Routes
Baghdad and Damascus intensify discussions to reactivate the 850 km pipeline closed since 2003, offering a Mediterranean alternative amid regional tensions and export blockages.

Eco Wave Power completes installation of pilot project at the Port of Los Angeles

Eco Wave Power has completed the full installation of its wave energy system at the Port of Los Angeles, paving the way for initial operational tests scheduled for September.
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OPEC+ Cuts Production Despite Higher Quotas in July
OPEC+ oil production fell to 41.65 million barrels per day in July 2025, reveals S&P Global's Platts survey, as Saudi Arabia normalizes production after June's Iran-Israel tensions.
IAEA Dispatches Envoy to Tehran to Negotiate New Nuclear Framework
A senior official from the UN agency begins technical discussions with Iran on Monday, the first meeting since June strikes on Iranian nuclear sites.

ISRAEL: NewMed Energy signs historic $35bn gas deal with Egypt through 2040

The Israeli group NewMed Energy has signed a natural gas export contract worth $35bn with Egypt, covering 130bn cubic metres to be delivered by 2040.
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Japanese refiners face critical challenge of Middle Eastern oil dependency
Record Gulf crude imports expose structural vulnerabilities of Japanese refining amid rising geopolitical tensions and Asian competition.
OPEC+ increases production by 547,000 barrels as non-OPEC supply explodes
The eight voluntary OPEC+ members accelerate their market return in September despite weakened global demand and record production from the Americas.
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AfDB grants $7.41mn to Liberia to complete hydroelectric power plant
South Korea under pressure from the IEA to liberalise its electricity market
Iberdrola launches a public offer to acquire 100% of Neoenergia in Brazil
KEPCO and ENEC strengthen alliance on nuclear and artificial intelligence
Iberdrola sells 757 MW of French onshore assets to Technique Solaire
Russia and Saudi Arabia cut oil supplies until 2023
Officials from Russia and Saudi Arabia have announced continued voluntary cuts in oil supply until the end of 2023, in response to concerns over OPEC+ production policy and tensions in the Middle East.
Barils de pétrole
Cyprus accepts Chevron’s extension request for Aphrodite gas field
Cyprus has responded positively to a request from international energy companies, led by Chevron, to extend negotiations on a modified development plan for its offshore Aphrodite gas field, its energy minister said on Monday.
Chypre et Chevron extension négociations

Oil price recovery: Commitment from Arabia and Russia

Oil prices have risen significantly following the reaffirmation by Saudi Arabia and Russia of their crude production cuts until the end of the year.
Prix du Pétrole en Hausse
Oil prices fluctuate due to tensions in the Middle East
Oil prices fell slightly due to profit-taking by energy investors ahead of the weekend and possible developments in the war between Israel and Hamas.
Oil prices rise following Fed decision
Oil prices rose after the US Federal Reserve decided to keep interest rates unchanged, which could boost demand for oil in the US.
Exploitation pétrole

European Officials Turn to American Liquefied Natural Gas

European officials are looking to secure their energy supplies by turning to US liquefied natural gas (LNG) to meet their energy needs while reducing greenhouse gas emissions, despite global geopolitical tensions.
gaz-naturel-liquefie-americain
OMV reports a 43% drop in profits in Q3 2023
Vienna, October 31, 2023 (AFP) - OMV, announced a significant 43% drop in profits in the third quarter of 2023, attributed to falling oil and gas prices after a record year in 2022.
Baisse des Profits d'OMV
Oil Prices Rise on Geopolitical Tensions in the Middle East
Oil prices continue to rise due to geopolitical tensions in the Middle East, despite easing fears of a wider conflict.
pétrole au moyen orient

Yemen and the escalation of oil conflicts in the Middle East

Yemen's growing geopolitical significance on world oil markets is raising concerns about the stability of oil transport and energy infrastructure.
Impact du Conflit au Yémen sur le Pétrole
TotalEnergies 3rd Quarter Results and Outlook
TotalEnergies posted Q3 earnings of $6.7 billion, posting a slight increase despite pressure on energy prices, while continuing its transition to renewable energies, but drawing criticism for its ongoing investments in fossil fuels.
Totalenergies Tower
Eni performance: Analysis of Q3 2023
In the third quarter of 2023, Eni, the Italian hydrocarbon giant, recorded a significant 67% drop in net profit, mainly due to falling oil and gas prices, although the result was better than analysts' expectations, and the company plans to diversify its production by increasing the share of gas.
Le géant italien des hydrocarbures

The end of the EU’s dependence on Russian fossil fuels

The European Union is making progress towards energy independence from Russia, but remains aware of the vulnerability of its energy markets, as stated in its annual Energy Union 2023 report.
europe-russie-gaz
Hyundai Signs Contract with Saudi Aramco
Hyundai Signs $2.4 Billion Contract with Saudi Aramco Marking 50 Years of Cooperation.
Hyunday local
Gas pipeline explosion in northeastern Syria
Iranian-backed groups blow up a gas pipeline in northeastern Syria, near an American base.
Gazoduc en syrie

TotalEnergies maintains fuel price cap in 2024

TotalEnergies maintains its fuel price cap for 2024 despite economic and geopolitical challenges.
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Israel-Hamas conflict: Impact on energy markets
The US military build-up in the Middle East region in response to the escalating conflict between Israel, Hamas and Iran is affecting energy markets.
Conflit-Israel-Hamas
Oil prices on the rise according to IEA Monthly Report
Oil prices rose following the IEA's monthly report, which warned of possible diesel shortages in Europe. The conflict between Hamas and Israel has had no direct impact on oil flows. Investors are awaiting data on US oil inventories for the previous week.
Baril de pétrole

Conflict between Hamas and Israel: Impact on Oil Supply

The International Energy Agency (IEA) is monitoring the impact of the conflict between Hamas and Israel on the oil market. Although the current impact on oil supply flows is limited, markets have reacted by including a higher geopolitical risk premium. The Middle East is a key region for the global oil trade.
pétrole Hamas
Chevron suspends Tamar gas platform
Chevron's suspension of the Tamar gas platform following the Hamas offensive has major repercussions on world energy markets. This decision affects gas supply and market stability.
plateforme gazière Tamar
European Gas Prices at Six-Month High
Find out why European gas prices have reached their highest level in six months, and what's behind the rise.
Gaz Européen
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