Ukraine

Storm in the Black Sea halts crude shipments at CPC terminal

Caspian Pipeline Consortium suspended loading and intake operations due to a storm and full storage capacity.

Russian gas exports to Europe fall to 18 bcm, lowest level since the 1970s

Pipeline natural gas deliveries from Russia to the European Union dropped by 44% in 2025, reaching their lowest level in five decades following the end of transit via Ukraine.

Lithuania extends gas transit to Kaliningrad until 2030

Amber Grid has signed an agreement to maintain gas transit to Russia’s Kaliningrad exclave, with a daily capacity cap of 10.5 mn m³ until the end of 2030, under a framework regulated by the European Union.
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TPAO, MOL and ORLEN expand Libyan presence ahead of 2026 energy summit

Turkish, Hungarian and Polish national companies confirm participation in Tripoli's summit as Libya revives upstream investments and broadens licensing opportunities.

Russia provides $9bn for Turkey’s Akkuyu nuclear power plant

Ankara confirmed new Russian funding for the Akkuyu project, Turkey’s first nuclear site, strengthening its energy ties with Moscow and advancing its domestic nuclear ambitions.

Nigerien junta rejects French accusations over uranium disappearance

Niger’s military regime disputes theft allegations by French prosecutors after uranium stock vanished from a nationalised site previously operated by Orano.
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Ørsted sells 55% stake in Changhua 2 offshore wind farm to Cathay

Ørsted has signed an agreement to divest 55% of its Greater Changhua 2 offshore wind farm to Cathay Life Insurance, valuing the transaction at approximately DKK5bn ($735mn).

Rosatom confirms HTGR fuel resilience under extreme temperature conditions

Rosatom successfully completed a series of tests on its high-temperature gas-cooled reactor fuel, validating its performance at up to 1,700 °C under prolonged irradiation conditions.

Sweden: Videberg Kraft files first request for public aid to build two nuclear reactors

Videberg Kraft AB becomes the first company to request government support to build two new reactors at the Ringhals site, under the national nuclear investment framework adopted in 2025.
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Global wind industry suffers historic downturn in 2025 despite Chinese resilience

Policy reversals, reduced performance and corporate disengagement marked an unprecedented slowdown in wind power in 2025, although China continued its expansion at a steady pace.

Orrön Energy sells three solar projects in Germany for up to €14mn

Swedish group Orrön Energy is selling a portfolio of development-stage solar projects to Gülermak for up to €14mn, including an initial €0.7mn payment and additional milestone-based consideration.

European Energy triples electrolysis capacity at Måde with new 8.1 MW equipment

European Energy increases the capacity of its Måde Power-to-X site to 8.1 MW, with a new electrolyser in service and ongoing tests for commercial production in 2026.
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EDP signs 322 MW hybrid energy contract with Energa in Poland

EDP has signed a long-term electricity supply agreement with Energa for a 322 MW hybrid portfolio combining wind and solar, marking one of the largest contracts of its kind in Poland.

Polish regulator investigates suspicious trades ahead of Orlen’s Energa announcement

Poland’s financial watchdog has launched legal proceedings over suspicious transactions involving Energa shares, carried out just before Orlen revealed plans to acquire full ownership.

Holtec and MVM join forces to deploy small nuclear reactors in Hungary

US-based Holtec has signed a memorandum of understanding with Hungary’s energy group MVM to assess the deployment of its SMR-300 technology, strengthening bilateral nuclear cooperation and opening prospects for a new market in Central Europe.
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Industrikraft takes 20% stake in Videberg Kraft to support Ringhals nuclear project

The Industrikraft consortium will invest SEK400mn ($42.2mn) to become a shareholder in Videberg Kraft, marking a new phase in Sweden’s nuclear project led by Vattenfall on the Värö Peninsula.

Cadeler secures two offshore contracts worth €500mn in wind energy

Danish group Cadeler has signed two contracts for the transport and installation of offshore wind turbine foundations and units worth a combined €500mn, subject to a final investment decision by the client.

Uniper shuts down Karlshamn-2 after failure of Swedish winter backup scheme

The shutdown of Karlshamn-2 removes 335 MW of heavy fuel oil capacity from southern Sweden, exposing the limits of a strategic reserve model approved but inoperative, and increasing pressure on winter supply security.
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Sofia secures Lukoil refinery ahead of planned state takeover

The Bulgarian government has increased security around Lukoil’s Burgas refinery ahead of a state-led takeover enabled by new legislation designed to circumvent international sanctions.

Swedish industrial players inject €36.4mn into Vattenfall’s future nuclear reactors

A consortium led by Swedish giants such as ABB, SSAB and Volvo will invest SEK400mn to support the development of small modular nuclear reactors through a strategic partnership with Vattenfall.

Holtec submits final bid for UK small modular reactor selection

Holtec International has submitted its final proposal to Great British Nuclear as part of the competition to deploy several small modular reactors in the UK, joining GE Hitachi and Rolls-Royce SMR in the decisive phase.

Kremlin maintains uncertainty over end of energy moratorium with Ukraine

Moscow refuses to specify the expiry date of the Russia-Ukraine energy strike moratorium, despite ongoing tensions and US diplomatic involvement.

Russia positions itself to facilitate a nuclear agreement between Iran and the United States

The Kremlin has confirmed its willingness to actively support a diplomatic resolution on Iran’s nuclear file, ahead of a new round of talks between Tehran and Washington scheduled for this Saturday.
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Europe contracts 19 GW of renewable capacity via PPAs in 2024

The European power purchase agreement (PPA) market for renewables reached 19 GW of new capacity in 2024, with growing momentum for hybrid contracts including storage.

Google commits to Taiwanese geothermal energy with historic Baseload Capital deal

Google signs a power purchase agreement with Baseload Capital to develop 10 MW of geothermal energy in Taiwan, doubling the country’s current commercial geothermal capacity.

Iranian foreign minister to meet Lavrov in Moscow ahead of Washington nuclear talks

Abbas Araghchi will meet Sergey Lavrov in Russia before resuming nuclear discussions with the United States, scheduled for 19 April in Muscat under Omani mediation.
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International Petroleum repurchases 277,060 common shares in April across two markets

International Petroleum Corporation repurchased 277,060 common shares between 7 and 11 April under its ongoing share buyback programme, using the Toronto and Stockholm exchanges.

German Schwedt refinery under pressure amid Russian oil embargo

In Schwedt, past dependence on Russian oil threatens industrial prospects as the debate on lifting sanctions intensifies and divides Germany’s political class.

Denmark grants Norne an exploration licence for CO₂ storage

The Danish government has granted Norne Thorning Storage an exploration licence to assess the Thorning geological structure for potential underground carbon dioxide storage by 2030.
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A tanker linked to Russia’s shadow fleet intercepted in the Gulf of Finland

Estonian authorities have detained a tanker without official flag registration, suspected of belonging to Russia’s shadow fleet, while en route to a strategic Russian port.

Russia constrained by infrastructure amid Chinese LPG demand

China is increasing imports of Russian liquefied petroleum gas, but Russia's infrastructure limitations complicate the complete replacement of U.S. LPG, despite joint projects aimed at overcoming these constraints by late 2025.

Equinor creates new division to consolidate flexible and renewable energy assets

Equinor restructures operations to enhance earnings in growing power markets by merging its renewables and flexible generation assets into a single business unit.
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Polestar records 76% rise in sales in Q1 2025

Swedish automaker Polestar sold 12,304 vehicles in the first quarter of 2025, a notable increase despite an uncertain economic context.

ORLEN launches market study on renewable ammonia to secure supply

Polish energy group ORLEN has initiated a market study on low-carbon ammonia for use in fertiliser production and synthetic fuel, as part of its long-term industrial plans.

Wood Mackenzie: The return of Russian gas threatens the balance of the US LNG market

A lasting peace in Ukraine could revive Russian exports to Europe and weigh on the future of liquefied natural gas projects in the United States.
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Wind and solar reach 18% of Türkiye’s power mix in 2024

Wind and solar energy accounted for nearly one-fifth of Türkiye’s electricity generation in 2024, according to an analysis by think tank Ember, driven by a strong increase in installed capacity.

The rise of renewable energy increases negative price episodes in Europe

The expansion of solar and wind capacity is multiplying hours of negative prices on European electricity markets, weakening the sector's economic balance while reshaping export and storage dynamics.

India accelerates towards small nuclear reactors to replace its coal plants

India's largest power producer, NTPC, paves the way for small modular reactors to modernize its aging energy infrastructure and strengthen energy security through significant international partnerships.
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Washington and Tehran Negotiate, Moscow Validates a Strategic Nuclear Pact

As Russia ratifies a 20-year civil nuclear agreement with Iran, the United States reopens indirect talks in Oman. Tehran demands the lifting of sanctions, while 275 kg of uranium enriched to 60% raises concerns.

Russia ratifies strategic 20-year energy agreement with Iran

Russia’s State Duma officially approves a major energy partnership with Iran, paving the way for enhanced cooperation in the oil, natural gas, and civil nuclear sectors, despite ongoing Western sanctions.