Qatar

LNG wave: 300 bcm by 2030, prices and contracts pivot according to the IEA

A record expansion of liquefied natural gas (LNG, gaz naturel liquéfié — GNL) capacity is reshaping global supply, with expected effects on prices, contractual flexibility and demand trajectories in importing regions.

QatarEnergy acquires 40% of North Rafah offshore block in Egypt alongside Eni

QatarEnergy has acquired a 40% stake in the North Rafah offshore exploration block, located off Egypt’s Mediterranean coast, strengthening its presence in the region in partnership with Italian group Eni.

COOEC wins $4bn QatarEnergy offshore field development contract

COOEC has signed a $4bn EPC contract with QatarEnergy to develop the offshore Bul Hanine oil field, marking the largest order ever secured by a Chinese company in the Gulf.
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Eni raises 2025 targets after 54% surge in quarterly net profit

Eni's net profit rose to €803mn in the third quarter, supported by a 6% increase in production despite falling crude prices.

Brussels renews push to end daylight saving time over energy inefficiency

The European Commission is reviving efforts to abolish daylight saving time, supported by several member states, as the energy savings from the practice are now considered negligible.

Qatar and the United States call on the European Union to ease sustainability rules

Doha and Washington warn Brussels about the consequences of EU sustainability requirements on liquefied natural gas exports, as the continent’s energy security remains under pressure.
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U.S. ethane exports to rise 30% by 2026

Rising terminal capacity and sustained global demand, notably from China and Europe, are driving U.S. ethane exports despite new regulatory uncertainties.

Europe spent an extra €930bn on fossil energy between 2021 and 2024

A report highlights the financial burden of fossil imports during the energy crisis and points to electrification as key to European energy security.

John Cockerill and Axens deploy NesaBTF to industrialise residue torrefaction

John Cockerill and Axens launch NesaBTF, an industrial torrefaction technology designed to optimise biomass supply, with targeted ambitions in the growing sustainable aviation fuel market.
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QIA invests $535mn to increase its stake in Colombian power producer ISAGEN

Qatar’s sovereign wealth fund has raised its stake to approximately 15% in ISAGEN, one of Colombia’s leading power producers, through a $535mn investment alongside Brookfield.

Sungrow and ENGIE activate 400 MWh of Europe’s largest storage project

The Vilvoorde site in Belgium now hosts 400 MWh of operational capacity on a total 800 MWh project, marking a key milestone for electricity storage on the continent.

Europe’s gas: summer storage sets a floor under TTF

European inventories curbed price declines as liquefied natural gas (LNG) supply expands and demand stays weak. Cargo arbitrage favours Europe, but winter will determine the equilibrium level. —
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Google signs wind energy deal with Eneco for its Belgian data centre

Google has signed a power purchase agreement with Eneco to supply its Belgian data centre with wind energy from three wind farms totalling 54 MW.

European carmakers push for more flexibility on CO2 targets

The main European automotive lobby is calling for looser 2030 and 2035 emission targets, promoting hybrids and carbon-neutral fuels.

Ineos cuts 60 jobs in the UK and calls for antidumping duties

Amid rising energy costs and a surge in cheap imports, Ineos announces a 20% workforce reduction at its Hull acetyls site and urges urgent action against foreign competition.
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Belgium approves nuclear waste storage extension at Dessel

Operator Belgoprocess has received authorisation to build a new facility to store waste generated from the ongoing decommissioning of Belgium’s nuclear reactors.

Agfa invests in new hydrogen membrane plant in Belgium

Agfa strengthens its industrial position with the launch of a ZIRFON membrane production site for electrolyzers, backed by a €11mn European subsidy.

Saudi companies to launch 500 MW of energy projects in Syria

Al-Harfi and SCLCO signed agreements with Syrian authorities to develop solar and wind capacity, amid an ongoing energy rapprochement between Riyadh and Damascus.
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QatarEnergy acquires 27% stake in Egypt’s offshore North Cleopatra block

QatarEnergy continues its international expansion by acquiring 27% of the offshore North Cleopatra block from Shell, amid Egypt’s strategic push to revive gas exploration in the Eastern Mediterranean.

ROAD TRHYP project targets 40% cut in hydrogen transport costs

Driven by Air Liquide and SEGULA Technologies, the ROAD TRHYP project aims to lower hydrogen transport costs and improve safety through a series of technical innovations by 2030.

TotalEnergies to shut ethylene unit in Antwerp amid European overcapacity

TotalEnergies’ Antwerp platform plans to end operations of one steam cracker by late 2027, while continuing investments in green hydrogen and sustainable fuels.

Norway, a Strategic Reservoir for the Stability of European Energy Markets

Norway’s hydropower pumped storage capacities, amounting to 83 TWh, are increasingly being leveraged to regulate renewable energy surpluses in Europe and stabilize electricity prices.

DEME acquires Havfram for €900 mn to strengthen its offshore wind position

Belgian group DEME has signed an agreement to acquire Norway’s Havfram for €900 mn, consolidating its fleet and global presence in the offshore wind market.
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Chantiers de l’Atlantique doubles revenue with offshore wind power push

Chantiers de l’Atlantique invests €100 mn to expand its production capacity in offshore wind, a strategic segment now central to its industrial recovery.

TSG strengthens its European network with two acquisitions in solar and electrical sectors

TSG has completed the acquisition of Leirivolt in Portugal and Kronenburg Techniek in the Netherlands, consolidating its expansion strategy in intelligent energy services across Europe.

Brussels unlocks €600mn to accelerate cross-border energy projects

The European Commission is launching a large-scale call for projects to finance priority energy infrastructure between Member States and neighbouring countries, with a maximum budget of €600mn from the CEF Energy programme.
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Rubio warns Venezuela of U.S. retaliation in the event of aggression against Guyana

During a visit to Guyana, U.S. Secretary of State Marco Rubio announced that any Venezuelan attack on the territory or oil infrastructure of Guyana would trigger a military response, heightening regional tensions.

Iraq Targets Africa After U.S. Ends Waivers on Iranian Energy

Cut off from Iranian energy imports by Washington, Iraq accelerates commercial efforts in Africa while resuming oil exports through Turkey to quickly secure new economic and energy markets.

Grid bottlenecks slow energy security efforts in the Netherlands

The surge in solar production and the slow upgrade of electricity infrastructure are blocking thousands of projects in the Netherlands, affecting energy security and consumer costs.
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Engie Finalizes Extension of Doel-Tihange Reactors with Belgian State

Engie has finalized a ten-year extension agreement with the Belgian state for the Doel 4 and Tihange 3 nuclear reactors, including a financial responsibility transfer related to spent fuel, following recent approval by the European Commission.

Emmanuel Macron to Chair Nuclear Policy Council Focused on SMRs and Uranium Supply

On Monday, President Emmanuel Macron will chair a Nuclear Policy Council focused on small modular reactors (SMRs) and uranium supply, within a global context of renewed interest in nuclear energy.

Iraq diversifies its energy sources in response to US sanctions

Under pressure from US sanctions, Iraq explores alternatives to Iranian gas to secure its electricity supply, notably turning to Qatar and Oman, while considering the installation of floating LNG terminals.
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Qatar begins supplying natural gas to Syria via Jordan

Qatar has started supplying natural gas to Syria via Jordan in order to alleviate electricity shortages and support the rebuilding of the country's energy infrastructure.

Colombia investigates speculation on gas prices imported from Qatar

Colombian President Gustavo Petro has ordered an investigation into alleged price speculation by local gas suppliers in response to price spikes reaching up to 36%, and announced a new import agreement with Qatar.

Iran Launches $17 Billion Project to Boost South Pars Gas Field Extraction

Iran invests $17 billion to counteract declining reservoir pressure at South Pars, a gas field shared with Qatar, securing estimated reserves equivalent to around 363 billion barrels of oil.
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Engie plans to strengthen its renewable capacity with an investment of €24bn by 2027

Engie aims to accelerate its growth through 2030 by investing in renewable energy, batteries, and electrical grids, with a target of 95 GW of installed capacity by 2030.

France: The Prefect of Nord approves the creation of an offshore wind farm near Dunkirk

The Prefect of Nord has given the green light for the creation of an offshore wind farm near Dunkirk, sparking both support for the energy transition and opposition in France and Belgium.

Shell forecasts a 60% increase in global LNG demand by 2040

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.
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EU Nuclear Alliance calls for nuclear energy inclusion in Europe’s affordable energy plan

Eleven European countries urge the European Commission to include nuclear energy in the Affordable Energy Action Plan, aimed at reducing energy costs and enhancing the continent's energy security.

South Africa: Government calls for increased oil exploration in the Orange Basin

The South African government is urging the acceleration of oil exploration in the offshore Orange Basin, shared with Namibia, to reduce the country’s energy dependence.