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The oil and gas fishing market targets USD4.36bn by 2031, driven by offshore drilling

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.

Aker ASA posts 24% share increase and accelerates real estate strategy in 2025

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.

Aker Carbon Capture pays $162mn in dividends after selling its main assets

Aker Carbon Capture distributed $162mn in dividends to its shareholders, a direct consequence of significant asset disposals and a substantial restructuring of its balance sheet in the second quarter of 2025.
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Equinor buys 2.1 mn of its own shares for $201 mn in second 2025 phase

Equinor ASA acquired 2.1 mn of its own shares on the Oslo Stock Exchange for a total of $201 mn between July 7 and 11, continuing the second phase of its 2025 buyback programme.

Ørsted secures $2.75bn for Greater Changhua 2 from 25 banks and 5 export agencies

Ørsted has completed a $2.75bn project financing with 25 banks and five export credit agencies for the 632 MW Greater Changhua 2 offshore wind farm in Taiwan, strengthening its industrial partnership strategy. —

Eco Wave Power receives €2.45mn from EU to deploy wave energy

Eco Wave Power Global AB joins a consortium funded with €2.45mn by the European Interreg Atlantic Area programme to accelerate commercial implementation of wave energy technologies in Atlantic coastal regions.
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Minesto completes reorganization to optimize costs and prepare for commercial projects

Minesto has completed a reorganization that led to a 35% reduction in fixed costs and a focus on its future commercial projects. This reorganization includes geographical streamlining, a new management team, and a realignment of product development priorities.

Eco Wave Power obtains authorization to repurchase 10% of its ADS

Eco Wave Power shareholders approve renewed authorization to repurchase American Depositary Shares representing up to 10% of the company's total share capital, during the 2025 Annual General Meeting held in Stockholm, Sweden.

EBRD Lends €400 Million to Moldova to Secure Energy Supply

The European Bank for Reconstruction and Development lends €400 million to JSC Energocom to diversify Moldova's gas and electricity supply, historically dependent on Russian imports via Ukraine.
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France: Cigéo nuclear waste underground storage project makes significant progress

The French Cigéo project, designed to bury the most hazardous radioactive waste deep underground, obtains a crucial technical validation before its final authorization, expected by the end of 2027.

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.

BRICS Launch Their Own Climate Finance Framework and Reject CBAM

BRICS adopt a joint financial framework aimed at supporting emerging economies while criticizing European carbon border tax mechanisms, deemed discriminatory and risky for their strategic trade relations.
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Valmet to supply biomass boiler to Kraftringen for its plant in Sweden

Valmet secures a contract to deliver a bubbling fluidized bed biomass boiler and flue gas handling equipment to Kraftringen Energi's upcoming combined heat and power plant, aimed at strengthening energy supply in Sweden.

GE Vernova and Fortum launch major nuclear project in Scandinavia

GE Vernova Hitachi Nuclear Energy and Fortum announce partnership aimed at preparing for the potential deployment of small modular reactors in Finland and Sweden, with commissioning scheduled for the 2030s.

DNO secures USD 500 million financing linked to Norwegian gas

Norwegian group DNO ASA signs gas offtake contract with ENGIE and secures USD 500 million financing from a major US bank to guarantee future revenues from its Norwegian gas production.
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TGS wins strategic offshore wind contract in Norway

Energy company TGS has won a major high-resolution geophysical imaging contract for offshore wind site characterization in Norway, strengthening its position in this rapidly growing market.

HyperStrong and Repono launch 1.4 GWh of energy storage in Europe by 2027

Chinese company HyperStrong and Swedish firm Repono AB announce a strategic agreement to jointly implement large-scale energy storage projects totalling 1.4 GWh in Europe by the end of 2027.

Equinor discovers up to 15 mn barrels of oil at Johan Castberg in the Barents Sea

Equinor announces a new oil discovery estimated at between 9 and 15 mn barrels at the Johan Castberg field in the Barents Sea, strengthening the reserve potential in Norway's northern region.
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China and the United States improve their energy performance in an unstable global context

While advanced economies maintain global energy leadership, China and the United States have significantly progressed in the security and sustainability of their energy systems, according to the World Economic Forum's annual report.

Globeleq launches South Africa’s largest energy storage facility

Globeleq and African Rainbow Energy finalise commercial agreements for a 153 MW energy storage project in South Africa, aimed at enhancing national grid stability and optimising peak energy management.
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Greenhouse gases fall in Sweden, but concerns persist

Sweden's 2% reduction in greenhouse gas emissions by 2023 is welcomed, but experts fear that current government policies will reverse the trend.
Émissions gaz effet serre Suède

Gasum Expands Presence in Sweden with New Biogas Plant in Hörby

Gasum is planning a new biogas plant in Hörby, with the aim of increasing renewable gas production in Sweden.
Gasum Renforce sa Présence en Suède avec une Nouvelle Usine de Biogaz à Hörby.

Rigorous carbon intensity, a prerequisite for the development of low-carbon hydrogen

To meet decarbonization objectives, the deployment of low-carbon hydrogen requires rigorous accounting of its actual carbon intensity, as well as a clear regulatory framework, as highlighted in a recent study by the Oxford Institute for Energy Studies.
Emissions réelles soutien durable

GRTgaz and Equinor join forces for a carbon storage project

GRTgaz and Equinor are working together to create a transport and carbon sequestration infrastructure between France and Norway, aimed at reducing industrial emissions from Dunkirk by 2029.
Séquestration carbone partenariat

VALOREM innovates with a carbon-free concrete wind turbine foundation

Hoffmann Green Cement Technologies and the VALOREM Group have created the world's first wind turbine foundation using clinker-free, decarbonated concrete, opening up new prospects in the renewable energy sector.
Béton décarboné éoliennes

Sweden rejects cross-border network project with Germany

The Swedish government turned down the 700 MW Hansa PowerBridge project linking Sweden to Germany, citing the inefficiency of the German market.
La Suède rejette le projet de réseau transfrontalier avec l'Allemagne.

Norway allocates $103 million for energy infrastructure in Ukraine

Norway will provide Ukraine with $103 million to repair its energy infrastructure damaged by Russian attacks, ensuring supplies before winter.
Soutien énergétique norvégien en Ukraine

Everfuel announces a 2 GW hydrogen project in Revsing for the German market

Everfuel is proposing a 2 GW hydrogen production project in Revsing, to supply industrial customers in Germany via a future pipeline.
Everfuel hydrogène pipeline Allemagne

Holland awards 4GW of Offshore Wind Turbines under complex conditions

Two international consortia win concessions for 4 GW offshore wind projects in the Netherlands, without subsidies, marking a turning point in the energy sector.
Énergie éolienne offshore Pays-Bas

Delay of Equinor’s Saltend H2H in the UK: Financing uncertainties

Equinor postpones its final investment decision for the H2H Saltend blue hydrogen plant in the UK until 2027, following uncertainties over financing and carbon capture and storage policy.
Retard H2H Saltend Royaume-Uni

Microsoft and European Energy agree on a PPA

European Energy has signed several Power Purchase Agreements (PPAs) with Microsoft to supply renewable energy from projects in Sweden and Denmark.
Microsoft et European Energy scellent des accords d'achat d'électricité renouvelable.

Sweden: Green light for Mareld 2.5 GW floating wind farm

The County Administrative Board of Västra Götaland recommends approval of the Mareld floating wind farm, a project of Freja Offshore, a joint venture between Mainstream Renewable Power and Hexicon.
Suède : Feu vert pour la ferme éolienne flottante de 2,5 GW Mareld.

Nel ASA: A world leader in electrolyzers dedicated to renewable hydrogen

Nel ASA is now focusing its efforts exclusively on the development and delivery of state-of-the-art electrolyzers, marking a strategic turning point for the Norwegian company.
Nel ASA : Un leader mondial des électrolyseurs dédiés à l'hydrogène renouvelable.

Uniper receives €13 billion in compensation from Gazprom

German energy company Uniper has been awarded 13 billion euros in compensation by Gazprom for the interruption of gas deliveries in 2022, following a favorable arbitration decision. This decision marks a crucial step in the reorganization of Europe's post-invasion energy landscape.
Compensation gaz russe Uniper

Vattenfall approves Rolls-Royce SMR and GE Hitachi reactors

Vattenfall has selected Rolls-Royce SMR and GE Hitachi to build small modular reactors at Ringhals. This decision is part of Sweden's strategy to increase nuclear power production in order to decarbonize its economy.
Réacteurs nucléaires à Ringhals

Yara inaugurates Europe’s largest renewable hydrogen plant

Norwegian fertilizer giant Yara International has officially opened its new 24 MW renewable hydrogen plant in Norway, marking a major step towards decarbonization.
Yara inaugure la plus grande usine d'hydrogène renouvelable d'Europe.

Hy2gen Canada Secures a Block of Hydroelectricity for Hydrogen Production

Hy2gen Canada, a subsidiary of Hy2gen AG, has obtained a block of hydroelectricity from Hydro-Québec for a hydrogen and green ammonia production project in Baie-Comeau.
Hy2gen Canada Sécurise un Bloc d'Hydroélectricité pour la Production d'Hydrogène.

Germany: ECO STOR invests in an Energy Storage Facility in Schuby

ECO STOR announces a 238 MWh project in Schuby to expand its storage capacity in Germany.
Allemagne: ECO STOR investit dans un Site de Stockage d'Énergie à Schuby.

Minesto and Sev renew Power Purchase Agreement

Minesto and Sev have renewed their power purchase agreement, with prices adjusted to reflect the value of tidal power in the Faroe Islands' energy mix.
Renouvellement accord achat électricité

Scatec expands its solar projects in Cameroon with a further 28.6MW

Scatec has signed two new agreements with ENEO, increasing solar and storage capacity in Cameroon. The extensions will add 28.6 MW of solar and 19.2 MWh of storage, bringing total capacity to 64.4 MW of solar and 38.2 MWh of storage.
Expansion solaire stockage Cameroun
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