Airbus

Fortescue launches a solar innovation hub in the Pilbara with AUD45mn ($28.9mn) in public funding to test technologies aimed at accelerating and optimising large-scale solar farm construction.
Nineteen countries, led by Brazil, Italy, Japan and India, aim to quadruple sustainable fuel production by 2035, marking a major industrial and regulatory challenge for global energy and transport supply chains.

L’Union africaine réclame une réforme des règles de financement climatique avant la COP30

À l’approche de la COP30, l’Union africaine demande une refonte des mécanismes de financement climatique pour garantir des ressources stables et équitables en faveur de l’adaptation des pays les plus vulnérables.
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COP30 begins in Belém under uncertainty, as countries fail to agree on key discussion topics, highlighting deep divisions over climate finance and the global energy transition.
The United States secures a tungsten joint venture in Kazakhstan and mining protocols in Uzbekistan, with financing envisaged from the Export-Import Bank of the United States and shipment routed via the Trans-Caspian corridor.

Three U.S. gas basins reshape prices, flows and contracts

Appalachia, Permian and Haynesville each reach the scale of a national producer, anchor the United States’ exportable supply and set regional differentials, LNG arbitrage and compliance constraints across the chain, amid capacity ramp-ups and reinforced sanctions.
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Global energy efficiency progress remains below the commitments made in Dubai, hindered by industrial demand and public policies that lag behind technological innovation.
The Peruvian government announces a 179 million tonne emissions target by 2035, integrating carbon market tools and international transfers to reach its climate goal.

NextNRG posts 196% revenue growth in October

NextNRG's monthly revenue reached $7.39mn in October, more than doubling year-over-year, driven by the expansion of its technology platforms and energy services across the United States.
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AltaGas finalises a $460mn equity raise linked to the strategic retention of its stake in the Mountain Valley Pipeline, prompting credit outlook upgrades from S&P and Fitch.
The Canadian group posted record Q3 EBITDA, sanctioned $3bn worth of projects, and confirmed its full-year financial outlook despite a drop in net income.

Vallourec to deliver over 30,000 tonnes of pipes for TotalEnergies in Iraq

TotalEnergies has tasked Vallourec with supplying tubular solutions for drilling 48 wells as part of its integrated gas project in Iraq, reinforcing their ongoing industrial cooperation on the Ratawi field.
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Framatome will produce TRISO fuel at Romans-sur-Isère as part of a pilot project for advanced nuclear reactors, in partnership with actors such as Blue Capsule Technology.
Sweden’s parliament has approved a major reform authorising uranium extraction, opening the door to a reassessment of the economic potential of mining projects containing this strategic mineral.

Five companies launch SupraMarine to test offshore superconducting cables

The consortium brings together Air Liquide, RTE, Nexans, ITP Interpipe and CentraleSupélec to develop a demonstrator for offshore electricity transport using superconducting cables cooled with liquid nitrogen.
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Developer Q ENERGY has inaugurated a seventh wind farm in Biesles, Haute-Marne, with Velto Renewables acquiring a 50% ownership stake.
French start-up Wind fisher unveils a pioneering airborne wind system capable of producing twice as much electricity as a ground-based turbine by tapping into powerful winds above 300 metres.

Lhyfe to deliver 90 tonnes of RFNBO hydrogen to a German operator over 15 months

French hydrogen producer Lhyfe has signed an agreement to supply 90 tonnes of RFNBO-certified hydrogen to a private fuel station operator in Germany for a fleet of buses.
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The Canadian energy producer led the tenth wind tender launched by the CRE, with two projects representing 13% of the allocated capacity, strengthening its strategic position in the French market.
Faced with US sanctions targeting Lukoil, Bulgaria adopts emergency legislation allowing direct control over the Balkans’ largest refinery to secure its energy supply.
Oman LNG has renewed its long-term services agreement with Baker Hughes, including the creation of a local digital center dedicated to monitoring natural gas liquefaction production equipment.
The joint venture combines 19 assets (14 in Indonesia, 5 in Malaysia), aims for 300 kboe/d initially and >500 kboe/d, and focuses investments on gas to supply Bontang and the Malaysia LNG complex in Bintulu.

QatarEnergy awards EPC contract for 4.1 MTPA CCS project

QatarEnergy has awarded Samsung C&T Corporation an EPC contract for a 4.1 MTPA carbon capture project, supporting its expansion into low-carbon energy at Ras Laffan.
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The gradual ban on Russian cargoes reshapes European flows, increases winter detours via the Northern Sea Route and shifts risk toward force majeure and “change of law,” despite rising global capacity. —
Poland’s gas market remains highly concentrated around Orlen, which controls imports, production, and distribution, while Warsaw targets internal and regional expansion backed by new infrastructure capacity and demand from heat and power.

SLB OneSubsea secures two EPC contracts for deepwater projects in Malaysia

SLB OneSubsea has signed two EPC contracts with PTTEP to equip multiple deepwater gas and oil fields offshore Malaysia, extending a two-decade collaboration between the companies.
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US-based CPV will build a 1,350 MW combined-cycle natural gas power plant in the Permian Basin with a $1.1bn loan from the Texas Energy Fund.
Producers bring volumes back after targeted reductions, taking advantage of a less discounted basis, expanding outbound capacity and rising seasonal demand, while liquefied natural gas (LNG) exports absorb surplus and support regional differentials.

Matador secures transport for 500,000 MMBtu/d of natural gas to the Gulf Coast

Matador Resources signs multiple strategic transportation agreements to reduce exposure to the Waha Hub and access Gulf Coast and California markets.
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Boardwalk Pipelines initiates a subscription campaign for its Texas Gateway project, aiming to transport 1.45mn Dth/d of natural gas to Louisiana in response to growing energy sector demand along the Gulf Coast.
US-based asset manager Global X has unveiled a new index fund focused on the natural gas value chain, capitalising on the growing momentum of liquified natural gas exports.

Amplify Energy sells Texas assets for $127.5mn to reduce debt

US producer Amplify Energy has announced the full sale of its East Texas interests for a total of $127.5mn, aiming to simplify its portfolio and strengthen its financial structure.
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Maple Creek Energy has secured the purchase of a GE Vernova 7HA.03 turbine for its gas-fired power plant project in Indiana, shortening construction timelines with commercial operation targeted for 2029.
Talen Energy has finalised a $2.69bn bond financing to support the purchase of two natural gas-fired power plants with a combined capacity of nearly 2,900 MW.

Excelerate Energy to build Iraq’s first floating LNG terminal in $450 mn deal

Excelerate Energy has signed a definitive agreement with Iraq’s Ministry of Electricity to develop a floating liquefied natural gas import terminal at Khor Al Zubair, with a projected investment of $450 mn.
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Botaş lines up a series of liquefied natural gas (LNG, liquefied natural gas) contracts that narrow the space for Russian and Iranian flows, as domestic production and import capacity strengthen its bargaining position. —
A record expansion of liquefied natural gas (LNG, gaz naturel liquéfié — GNL) capacity is reshaping global supply, with expected effects on prices, contractual flexibility and demand trajectories in importing regions.

Philippines freeze LNG terminal projects despite rising demand

The Philippine government is suspending the expansion of LNG regasification infrastructure, citing excess capacity and prioritising public investment in other regions of the country.
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Caracas suspended its energy agreements with Trinidad and Tobago, citing a conflict of interest linked to the foreign policy of the new Trinidadian government, jeopardising several major cross-border gas projects.
TotalEnergies is asking Mozambique for a licence extension and financial compensation to restart its $20 billion gas project suspended since 2021 following an armed attack.