Singapour

Congo accelerates LNG exports with Eni and targets major energy growth

The Republic of Congo and Eni confirm the expansion of the Congo LNG project and multiply industrial initiatives to strengthen energy supply and strategic sectors.

Eni signs twenty-year agreement with Venture Global for 2 mn tonnes of LNG per year

Italian group Eni signs a twenty-year liquefied natural gas supply contract with US-based Venture Global, covering two mn tonnes per year and marking a first for the company from the United States.

The European Commission commits EUR202mn to the IFMIF-DONES fusion accelerator

The European Union is investing EUR202mn in the IFMIF-DONES project in Granada to test materials intended for future fusion power plants, in cooperation with Spain, Croatia, Italy, and Japan.
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Weichai Power launches 100% biodiesel research vessel in Singapore harbour

The launch of President 100, a harbour vessel powered exclusively by biodiesel, marks a new stage for the experimentation of alternative fuels in Singapore’s maritime sector.

Terna and NPC Ukrenergo sign strategic agreement for European energy integration

Terna and NPC Ukrenergo have concluded a three-year partnership in Rome aimed at strengthening the integration of the Ukrainian grid into the pan-European system, with an in-depth exchange of technological and regulatory expertise.

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.
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Terna secures €1bn in guarantees with SACE and EIB for Adriatic Link project

Terna has signed a guarantee agreement with SACE and the European Investment Bank to finance the Adriatic Link project, totalling approximately €1bn ($1.08bn) and validated as a major transaction under Italian regulations.

Ukraine: Energoatom signs major agreements with Westinghouse and Holtec

Energoatom signed strategic agreements with Westinghouse and Holtec at the Ukraine Recovery Conference, aiming to establish nuclear fuel production and small modular reactor capabilities in the country.

Solargik signs 85 MW of new solar projects on complex terrains in Italy

Solargik strengthens its presence in Italy with 85 MW of photovoltaic projects, including partnerships with Revalue and Free Ingegneria, to deploy systems on steep and agricultural land previously considered unexploitable.
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80 Mile increases its stake in Hydrogen Valley to 49% and signs an agreement with Tecnoparco

80 Mile announces that it has increased its stake in Hydrogen Valley to 49% and signed a memorandum of understanding with Tecnoparco for the supply of 40,000 tonnes of biofuel per year, aiming to reduce palm oil dependency.

TotalEnergies ENEOS equips two logistics centres in Singapore with solar panels

TotalEnergies ENEOS has commissioned two photovoltaic installations totalling 1.2 MWp for marine logistics group Lee Huat Yap Kee in Singapore, under two long-term power purchase agreements with no upfront investment.

Sonatrach and ENI Seal $1.35 Billion Contract in Algeria

Sonatrach and ENI have signed a $1.35 billion production-sharing agreement aiming to extract 415 million barrels of hydrocarbons in Algeria's Berkine basin, strengthening energy ties between Algiers and Rome.
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EDF launches its nuclear Technocentre in Fessenheim, estimated investment of €450 million

EDF confirms the continuation of its industrial project in Fessenheim for recycling very low-level radioactive metals, a first in France requiring specific regulatory authorizations, following a public debate concluded last February.

Côte d’Ivoire and Eni strengthen their energy partnership with the Baleine project

Côte d'Ivoire and the Italian group Eni assess progress on the Baleine energy project, whose third phase plans a daily production of 150,000 barrels of oil and 200 million cubic feet of gas for the Ivorian domestic market.

Plenitude starts 200 MW solar park in Andalusia for 2026

Italian group Plenitude has begun building Entrenúcleos, a 200 MW photovoltaic plant near Seville, set to deliver more than 435 GWh a year from 2026 while trialling locally produced green steel.
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Glencore in talks with London over future of insolvent Lindsey oil refinery

Swiss commodities trader Glencore has initiated discussions with the British government regarding its supply contract with the Lindsey refinery, placed under insolvency this week, threatening hundreds of jobs and the UK's energy security.

Dalinar Energy wins recommendation to acquire Citgo with $7.38bn bid

Dalinar Energy, a subsidiary of Gold Reserve, receives official recommendation from a US court to acquire PDV Holdings, the parent company of refiner Citgo Petroleum, with a $7.38bn bid, despite a higher competing offer from Vitol.

Singapore sets SAF aviation levy until 2028 despite fuel price volatility

Singapore announces fixed airline ticket levy dedicated to Sustainable Aviation Fuel (SAF) procurement, maintaining unchanged amounts from 2026 to 2028, regardless of significant fluctuations in global fuel prices.
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Curve Energy Corp. signs strategic agreement with Saudi Aramco Technologies

Curve Energy Corp. has formalized a non-disclosure agreement with Saudi Aramco Technologies, allowing confidential exchanges of information as part of potential technological collaborations in the global market for low-sulfur marine fuels.

Natural hydrogen: France on the verge of redefining its national and European energy strategy

The official confirmation in June 2025 by the French government regarding the detection of significant natural hydrogen reserves in Lorraine, the Pyrenees, and Aquitaine could represent a major strategic turning point for national and European energy sovereignty. However, the technical, economic, and environmental challenges associated with its exploitation might slow its large-scale implementation.

FRV Australia obtains AUD 1.2 billion for its photovoltaic portfolio

FRV Australia has finalized a AUD 1.2 billion refinancing for its eight photovoltaic power plants, consolidating its financial backing and potential for developing new projects in Australia.

China sets export record for low-cost solar modules

China exports a record 120,427 MW of solar modules in the first half of 2024, thanks to a substantial reduction in prices, despite persistent trade tensions.

Singapore and the United States sign civil nuclear partnership agreement

Singapore and the United States sign an agreement to strengthen cooperation on the peaceful use of nuclear energy, with the aim of diversifying Singapore's energy sources.
Le secrétaire d'État américain Antony Blinken et le ministre des Affaires étrangères singapourien Vivian Balakrishnan

SONATRACH, SONELGAZ and ENI join forces for a subsea power cable

SONATRACH, SONELGAZ and ENI S.P.A have signed a memorandum of understanding for an electricity interconnection between Algeria and Italy via a submarine cable, marking a major strategic step forward.

Eni and SOCAR sign agreement to cooperate on energy projects

Eni and SOCAR have signed a Memorandum of Understanding to explore synergies in gas exploration, GHG emissions reduction and sustainable development in Azerbaijan.

France achieves record electricity exports in 1st half of 2024

France set a new record for electricity generation and exports in the first half of 2024, thanks to strong hydropower activity and a recovery in nuclear power, reports French electricity grid operator RTE.
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COSCO and Fortescue collaborate to supply green fuel

COSCO and Fortescue are developing a green fuel supply chain to reduce carbon emissions in the shipping of minerals between China and Australia.

Three Projects Join European Renewable Energy List

The EU is adding three new renewable energy projects to the CB RES list, aimed at strengthening regional energy cooperation and supporting the transition to clean energy.

Keppel MET Renewables acquires two photovoltaic projects in Northern Italy

Keppel MET Renewables strengthens its solar portfolio with the acquisition of two photovoltaic projects in Northern Italy, totalling 20 MWp of installed capacity.
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Enel and Masdar sign partnership agreement for solar power plants in Spain

Enel sells 49.99% of EGPE Solar to Masdar for 817 million euros, while retaining control over the operation of the assets.

Agreement between Euglena, Petronas and Eni for a USD 1.3 billion biorefinery

Euglena, Petronas and Eni have approved a $1.3 billion investment in a biorefinery in Malaysia, to be operational in 2028, to produce sustainable biofuels.

Recurrent Energy obtains a $50 million loan for its solar portfolio

Recurrent Energy, a subsidiary of Canadian Solar, receives a €50 million loan from the European Investment Bank to develop its solar portfolio in Italy, supporting the country's energy transition.
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Eni doubles quarterly profit thanks to rising oil prices

Italian hydrocarbon giant Eni saw its second-quarter net profit jump 125% to €661 million, against a backdrop of rising oil prices. These results beat expectations and reflect strong growth in renewable energy production and biorefining.

Eku Energy Deploys First Energy Storage Battery in Japan

Eku Energy announces its first energy storage project in Japan with a 30MW/120MWh battery in Miyazaki, backed by a 20-year agreement with Tokyo Gas.

Cyan Renewables Acquires MMA Offshore to Strengthen Position in APAC

Singapore-based Cyan Renewables acquires MMA Offshore for AUD 1.1 billion, consolidating its position as the leading offshore wind services provider in Asia-Pacific (APAC).
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Snam acquires Edison’s gas storage assets for 630 million euros

Edison sells its gas storage division to Snam, valuing the assets at 560 million euros, with possible price adjustments up to 630 million.

Enel Reports 65% Increase in Half-Year Profit

Italian energy giant Enel reported a 64.9% increase in first-half net profit to €4.1 billion, despite falling electricity and gas prices.

A2A and Enfinity Global sign 134 MW solar PPAs in Italy

A2A and Enfinity Global seal new agreements to supply 134 MW of solar power in Italy, reinforcing their commitment to the energy transition.
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SudH2 hydrogen corridor: Italy includes Switzerland in its project

This autumn, Italy presents the SudH2 hydrogen corridor, linking the Mediterranean to Northern Europe, including Switzerland.

Electricity overproduction or when negative prices impose themselves on the market

The boom in renewable energies is leading to an increase in negative price hours on the electricity market, highlighting the challenges of balancing the grid.