ConocoPhillips targets $5 bn in asset disposals by 2026 and announces new financial adjustments as production rises but profit declines in the second quarter of 2025.
Lyten announces an agreement to acquire most of Northvolt's assets in Sweden and Germany, bringing new industrial prospects to the energy storage sector in Europe.
Uniper reaffirms its targets for the year, narrows its forecast range, and strengthens its transformation strategy while launching cost-cutting measures in a demanding market environment.
RWE signs long-term agreements with North Star for four new service vessels, strengthening maintenance of its offshore wind farms in the United Kingdom and Germany amid a tight market for specialised maritime capacities.
Scatec has finalised the financing for its 142 megawatt solar project in Minas Gerais, Brazil, marking a new milestone for the Norwegian company in the South American market.
A joint feasibility study project on Korean i-SMR modular reactors has just been launched for a future nuclear site at the border of the Aure and Heim municipalities, aiming for significant regional industrial impact.
A partnership between Nscale, Aker and OpenAI will create Stargate Norway, an artificial intelligence infrastructure site powered by renewable energy, set to house 100,000 NVIDIA GPUs in Northern Norway by the end of 2026.
Subsea 7 reports a strong increase in its financial results for the second quarter of 2025 and announces a definitive agreement for a merger with Saipem, while maintaining its growth outlook for the year.
Scatec ASA and Aboitiz Power secure approval for an increased tariff on ancillary services, generating more than $21mn in retroactive revenue on the Philippine market.
OX2 acquires a 34-turbine wind project in the Dalarna region, representing 14% of the county’s electricity consumption, marking a step forward in its commercial collaborations with Eolus and Dala Vind.
Saipem and Subsea7 formalise their merger agreement, resulting in the creation of Saipem7, an international energy services player with consolidated revenue of €21bn and an order backlog of €43bn.
Scatec secures the development of a 846 MW photovoltaic cluster in the Free State province, with an investment of ZAR13bn ($735mn), following the seventh round of South Africa's REIPPPP programme.
Equinor announces a significant impairment on its offshore wind project Empire Wind, due to regulatory changes and tariffs, affecting its quarterly results.
Subsea 7 S.A. has announced a major contract signed with Equinor for the engineering and installation of subsea infrastructure at the Fram Sør gas field, located in the North Sea off the coast of Norway.
The expansion of the global oil and gas fishing market is accelerating on the back of offshore projects, with annual growth estimated at 5.7% according to The Insight Partners.
Norwegian industrial group Aker ASA achieved a strong surge in its share price in the first half, expanded its diversification into real estate, and executed major transactions despite global energy market volatility.
Germany turns to green ammonia to meet industrial decarbonization targets.
EnBW has announced an agreement with the Skipavika Green Ammonia project in Norway to receive 100,000 tonnes of green ammonia per year from 2027.
Statkraft announces significant asset write-downs in Europe and India, in response to high interest rates and falling electricity prices, impacting its profitability.
First Solar has inaugurated a research and development center in Lake Township, Ohio, marking a strategic step towards strengthening its leadership in thin-film photovoltaics.
Stockholm Exergi has chosen Air Liquide's Cryocap™ LQ technology for its BECCS project, aimed at liquefying and sequestering eight million tonnes of CO2 over ten years.
The wind turbine protection market, valued at 1.7 billion USD in 2024, is expected to reach 2.8 billion USD in 2029, with an annual growth rate of 10.5%.
LNG regasification projects in Europe will increase capacity by 121 million tonnes/year by 2030. However, falling demand and utilization rates below 50% raise questions about the risk of overinvestment.
The first shipments of Senegalese crude oil from the Sangomar project are on their way to refineries in the Netherlands and Germany, marking a new era for the Senegalese economy.
Equinor and its partners Petoro, Vår Energi, and TotalEnergies EP Norge have started production from the first Lavrans well in the Kristin South project.
SEK 400 million contract between Cortus and Nordbex for delivery of a 60 MW WoodRoll® biomass power plant in Scandinavia, with options for four other plants.
Lyngdal, Agder's second-largest municipality, signs an agreement with Norsk Kjernekraft to study the construction of a nuclear power plant, strengthening the region's energy future.
Global hydropower is set to rise sharply in 2024, after a five-year decline, reducing the use of fossil fuels. The main producing regions, such as China, Brazil and the United States, recorded significant increases.
Mokpo National University launches the world's first institute dedicated to modular reactor ships (SMR), aiming to revolutionize the maritime industry towards carbon neutrality.
A study reveals that Germany could import up to 100 TWh of green hydrogen per year via pipelines by 2035, meeting a significant proportion of its projected energy demand.
