Vietnam

Sustainable aviation fuel production: INA and CLG achieve landmark industrial test in Croatia

INA has completed its first industrial production of sustainable aviation fuel at the Rijeka refinery, demonstrating the feasibility of commercial-scale co-processing of biogenic feedstocks with the technology developed by Chevron Lummus Global.

SANY launches 10 MW solar project in Zimbabwe with unique EP+F model

SANY begins construction of a 10 MW solar power plant in Zimbabwe, the first African project integrating engineering, procurement and financing, while continuing its expansion in microgrids and hybrid solutions across the continent.

Global electricity demand set for robust growth until 2026 despite economic pressures

Global electricity demand is projected to grow steadily through 2026, driven by industrial expansion, data centres, electric mobility and air conditioning, with increasing contributions from renewables, natural gas and nuclear power.
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Carbon Ridge installs first centrifugal carbon capture unit on board a Scorpio Tankers vessel

Carbon Ridge reaches a major milestone by deploying the first centrifugal carbon capture technology on a Scorpio Tankers oil tanker, alongside a new funding round exceeding $20mn.

Stem optimises the integration of the 57 MW Camino solar project in California with its automation technology

Stem deploys a grid optimisation solution for the Camino solar site, with a capacity of 57 MW, in California, meeting IEEE 2800 standards and targeting operational reliability and market performance.

Avangrid and Tyba accelerate battery storage mapping on the US market

Avangrid has completed a strategic pilot with Tyba to optimise battery site selection, simulating operations at over 2,400 locations to refine profitability and the management of energy storage on US power markets.
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B2U launches 24MWh grid storage site in Texas with repurposed electric vehicle batteries

B2U Storage Solutions has started construction on a grid storage facility in Bexar County, deploying 500 repurposed electric vehicle batteries for a 24MWh project, marking a first in Texas and signalling a significant step in the US market.

Enbridge confirms quarterly dividends with sustained payment for September 2025

Enbridge confirms dividend payments for its common and preferred shares, consolidating its shareholder return policy amid stability in the North American energy sector.

ArcelorMittal Brazil launches innovative hydrogen project with Utility Global in Juiz de Fora

ArcelorMittal Brazil begins a collaboration with Utility Global to develop a clean hydrogen project using the patented H2Gen system, aimed at producing up to 3 tons per day at the Juiz de Fora plant.
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Tucson Electric Power plans to convert Springerville from coal to natural gas by 2030

Tucson Electric Power will convert two units of the Springerville power plant from coal to natural gas by 2030, ensuring production continuity, cost control, and preservation of local employment.

Spire acquires Piedmont Tennessee natural gas business for $2.48bn and accelerates its growth

Spire announces the acquisition of Piedmont’s natural gas distribution business in Tennessee for $2.48bn, extending its presence to over 200,000 customers and consolidating its position in the southeastern US gas market.

Guzman Energy secures $80mn credit facility to support expansion in the United States

Guzman Energy has finalised a $80mn revolving credit facility with BciCapital to strengthen its liquidity and support its growth in the Western U.S. energy markets.
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John B. Hess joins Chevron’s board of directors and strengthens its global expertise

Chevron announces the appointment of John B. Hess, former executive of Hess Corporation, to its board of directors, marking a strategic step for the group’s governance in a context of transformation in the energy sector.

Ameresco opens a biomethane unit at Lee County landfill with Republic Services

Ameresco commissions a biomethane facility in Lee County, processing 4,500 cubic feet of landfill gas per minute, and directly injects this renewable gas into the transmission network to reduce emissions and strengthen energy security.

Last Energy achieves major milestone for micro nuclear reactors in the United Kingdom

Last Energy reaches a key regulatory step for its PWR-20 microreactor project in Llynfi, advancing towards the objective of securing a site licence by December 2027 from British authorities.
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Nexans doubles its half-year net profit driven by electrification demand

Nexans reports a 113% increase in net profit for the first half, supported by the growth of its electrification activities and the upward revision of its financial targets for the year.

EDP Renovaveis sees profit drop 56% despite increase in wind power production

The renewable division of Energias de Portugal (EDP) reported a sharp decline in first-half net profit due to a marked reduction in gains from asset sales, while electricity production and revenue increased.

Qatar threatens to cut gas to Europe over climate requirements

Qatar rejects EU climate transition obligations and threatens to redirect its LNG exports to Asia, creating a major energy dilemma.
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Slovenské elektrárne signs a contract with Urenco for enriched uranium supply

Slovenské elektrárne has signed an agreement with Urenco for the purchase of enriched uranium for the Bohunice and Mochovce nuclear power plants, strengthening the diversification of its supply sources until the mid-2030s.

Stonepeak launches JouleTerra to develop strategic energy sites across Europe

Stonepeak announces the creation of JouleTerra, a platform dedicated to the aggregation and management of grid-connected land, aimed at supporting the deployment of renewable energy infrastructure throughout the European continent.

Regulatory green light restarts Palisades nuclear power plant in the United States

The United States Nuclear Regulatory Commission has authorised the restart of the Palisades power plant, marking a key milestone for Holtec in reintegrating this reactor into the US energy mix. —

Eni considers strengthening its share buyback after a strong second quarter

Eni is considering increasing its share buyback programme after financial results exceeded expectations, with reduced debt and revised annual targets in the gas segment.

PDVSA prepares to resume oil exports as US licensing eases

Venezuelan oil group PDVSA is mobilising to restart export operations under conditions similar to previous US licences, as Washington prepares to again authorise its main partners to operate.
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Trade tensions: Brazil’s strategic minerals at the centre of negotiations with the United States

The Brazilian mining sector is drawing US attention as diplomatic discussions and tariff measures threaten to disrupt the balance of strategic minerals trade.

Phillips 66 beats forecasts as refining margins rise

US refiner Phillips 66 posted quarterly earnings above expectations, driven by high utilisation rates and lower maintenance costs across its facilities.

Vallourec sees 64% drop in profit but strengthens operating margin

Despite a sharp decline in sales and prices, Vallourec improved its profitability and issued an upward forecast for its gross operating income in the second half of 2025.
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Chevron authorised to resume oil extraction in Venezuela after suspension

US oil company Chevron has received new approval from American authorities to relaunch its operations in Venezuela, halted since May following the revocation of its licence under the Trump administration.

Tulip Innovation secures third injunction against Sunwoda in battery patent dispute

Tulip Innovation has obtained a third injunction in Germany against Sunwoda Group in a battery technology patent case, strengthening its position in the electric vehicle components market.

Renewable energies strengthen their dominance over global electricity costs in 2024

The latest report from the International Renewable Energy Agency confirms the cost superiority of renewables, but highlights persistent challenges for grid integration and access to financing in emerging markets.
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Kazakhstan launches oil refining strategy to 2040 with $5bn in investments

Kazakhstan adopts an ambitious roadmap to develop its refining and petrochemical industry, targeting 30% exports and $5bn in investments by 2040.

Mozambique seeks Russian companies’ participation in natural gas development

Mozambique aims to strengthen the presence of Russian companies in natural gas exploration and production as the country looks to diversify its partnerships in the natural resources sector.

The International Energy Agency forecasts 7% growth in global LNG trade in 2026

The International Energy Agency anticipates an acceleration in global liquefied natural gas trade, driven by major new projects in North America, while demand in Asia remains weak.
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Iran welcomes IAEA technical delegation without access to nuclear sites

Tehran agrees to host experts from the International Atomic Energy Agency in the coming weeks, excluding any visit to sensitive sites as diplomatic tensions persist with European nations and the United States.

Indonesia Energy launches two new drilling operations on Kruh oil block before end of 2025

Indonesia Energy plans to drill two new wells on the Kruh block in Indonesia before the end of 2025, following a 60% increase in proven reserves thanks to recent seismic campaigns.

Desay Battery launches proactive safety batteries and targets the global storage market

Desay Battery unveiled its new generation of energy storage solutions in Changsha, focusing on proactive safety and innovations for data centres and the global market.
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The largest 500 MW energy storage site in southern Xinjiang is now operational

A 500 MW independent energy storage site has just been connected to the grid near Kashgar, marking a significant step forward in the modernisation of southern Xinjiang’s electricity network.

US crude oil stocks fall as exports jump 9.6%

The decrease in US commercial crude oil stocks exceeds expectations, driven by a sharp increase in exports and higher refinery activity, while domestic production shows a slight decline.

NANO Nuclear reaches key milestone with prototype induction pump for reactors

NANO Nuclear Energy assembles and tests its annular induction pump prototype, marking progress for its microreactor programmes and paving the way for potential commercialisation of the technology.
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EDP Renewables signs 20-year solar contract with California Water Service

EDP Renewables North America and California Water Service have entered into a 20-year agreement to supply solar energy to a strategic Bakersfield site, reducing grid energy costs by about $1.7mn over the contract duration.

Pacific Petroleum completes $9.65mn oil acquisition in Wyoming with Japanese institutional funding

Pacific Petroleum and VCP Operating finalise the $9.65mn acquisition of oil assets in Wyoming, backed by a consortium of Japanese institutional investors and a technology innovation programme focused on real-world asset tokenisation.