DEKRA

Vital Energy has completed a strategic land acquisition in western Alberta, increasing its regional exposure to nine sections and supporting its development outlook in the Charlie Lake reservoir.
Italy’s competition authority is reviewing A2A’s electric vehicle charging activities amid increased scrutiny of strategic mobility infrastructure and the enforcement of European Union competition rules.

Global oversupply drove Brent crude down to $63 in December 2025

Brent crude fell to its lowest level since 2021, as persistent oversupply throughout 2025 weighed on prices despite isolated geopolitical tensions and China’s strategic stockpiling.
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Work has begun at the Bailong and Lufeng sites with concrete poured for the nuclear islands, marking the start of construction for two CAP1000 reactors.
Eni and Repsol are facing difficulties recovering payments for gas deliveries to Venezuela, with an outstanding balance of $6bn and no clear engagement from U.S. authorities on the matter.

India’s Russian oil imports drop in January as Reliance expects no deliveries

India’s crude imports from Russia could hit an eighteen-month low as Reliance Industries anticipates no shipments in January due to logistical and commercial disruptions.
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French group Orano receives USD900mn in public support to establish a new uranium enrichment facility in Tennessee, as part of a broader US nuclear sector revival plan.
Japan’s nuclear restart effort stalls after Chubu Electric acknowledged a possibly flawed seismic risk estimate at its Hamaoka facility under regulatory review.

Eni consolidates refining operations under new industrial entity

Eni has transferred its traditional refining branch to Eni Industrial Evolution, a new company dedicated to managing its industrial assets in Europe and the Middle East.
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German group Nordex has secured two major contracts totalling 508 MW in Canada, introducing its new N175/6.X turbine to the market for the first time.
Inox Clean Energy acquires 300 MW of solar assets for $111mn from SunSource Energy, a subsidiary of SHV Energy, as it prepares a new public listing following the withdrawal of its previous IPO plan.

Germany’s renewable share reaches 58.8% in 2025

Renewable energy growth in Germany slowed in 2025, despite solar surpassing lignite for the first time.
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Russia has connected its first 1,250 MW VVER-TOI reactor at the Kursk II nuclear power plant to the grid, signalling a key step toward full commissioning by 2034.
Chevron has launched production at the South N’dola field in Block 0 offshore Angola, leveraging existing infrastructure to support its investment strategy in offshore hydrocarbons.

Clotaire Kondja appointed Gabon’s Oil and Gas Minister amid industry challenges

Former Vaalco executive Clotaire Kondja takes over as Gabon’s Oil and Gas Minister as the country faces declining investment and stagnant crude output.
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The Democratic Republic of Congo imposes strict cobalt export limits for 2026, tightening global supply amid sustained demand and paving the way for Indonesia and recycling to play a larger role.
The UK's $1.15bn funding withdrawal exposes the Mozambique LNG project to international political reversals, highlighting structural risks for large African energy projects reliant on foreign backers.

Japan inaugurates its first commercial floating wind farm in Goto

Japan's first commercial floating offshore wind farm, with a capacity of 16.8 MW, officially enters service using a locally developed hybrid technology.
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Chubu Electric acknowledged a methodological discrepancy in the seismic evaluation of two nuclear reactors, a situation that could weigh on the restart of nuclear operations in Japan.
Swiss asset manager completes the lifecycle of its SREF II fund with the sale of an onshore wind portfolio to Danish utility NRGi Renewables.
The integration of private operators into South Africa’s rail network marks a turning point for coal exporters, with a target of 55 million tonnes exported in 2025 from the Richards Bay terminal.
Facing Western restrictions, Russia plans to increase coal deliveries to China, India and Turkey, according to a recent presentation on the sector’s outlook.

Shanghai Electric strengthens energy investments in Pakistan with $3bn project

The visit of the Pakistani president to Shanghai Electric marks a new strategic phase in China-Pakistan energy cooperation, centred on the Thar mining and power project and local skills development.
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Port congestion in Australia has boosted Russian and Indonesian coal exports to South Korea, with both now dominating the market due to lower prices and reliable delivery schedules.
Polish state-owned producer JSW confirms its 13.4 million tonnes production target for 2025 thanks to new equipment coming online, despite recent disruptions at multiple sites.

Australian port congestion reshapes coal flows to South Korea

Russia and Indonesia overtook Australia as South Korea's top thermal coal suppliers in August, driven by lower prices and more reliable logistics amid persistent Australian shipment delays.
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Uniper has demolished cooling tower F at its Scholven power plant, marking a new stage in the dismantling of the Gelsenkirchen coal site, where the energy company plans to build a hydrogen-ready gas-fired plant.
Underreported methane emissions from Australian mines could increase steelmakers’ carbon footprint by up to 15%, according to new analysis highlighting major gaps in global supply chains.

Russia targets 30 million tons of coal transported via Pacific Railway by 2026

The new Russian railway line linking the Elga mine to the Sea of Okhotsk port will reach full capacity in 2026, after an operational testing phase scheduled for 2025.
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The Romanian government is asking the European Union for a five-year delay on the closure of 2.6 gigawatts of coal capacity, citing delays in bringing gas and solar alternatives online.
President Gustavo Petro bans all coal exports to Israel, a decision with minor energy effects but strong diplomatic weight, illustrating his anti-Americanism and attempts to reshape Colombia’s domestic politics.

India diversifies coking coal purchases, Australia retreats

India’s coking coal imports are rising and increasingly split between the United States and Russia, while Australian producers redirect volumes to China; 2025 results confirm a shift in trade flows.
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China approved 25 GW in H1 2025 and commissioned 21 GW; the annual total could exceed 80 GW. Proposals reached 75 GW and coal’s share fell to 51% in June, amid declining imports.
Valor Mining Credit Partners completes its first major financing with a secured loan to strengthen the operational capacity of a U.S. mining site.

The U.S. Department of Energy Extends Operations of a Coal Plant in the Midwest

Amid tensions on the Midwest power grid, Washington orders the continued operation of the J.H. Campbell plant to secure electricity supply over the coming months.
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Peabody Energy abandons the acquisition of Anglo American’s Australian coal assets, triggering an arbitration process following the failure of a post-incident agreement at the Moranbah North mine.
Core Natural Resources announces USD220.2mn in operating cash flow for the second quarter of 2025, while revising its capital return strategy and increasing post-merger synergies.

Global demand could extend coal’s role beyond 2030

A report by Wood Mackenzie reveals that geopolitical pressures and rising global electricity demand could keep coal-fired generation elevated well beyond current forecasts.
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Ramaco Resources officially opens in the United States the first mine dedicated to rare earths in seven decades, also inaugurating Wyoming's first new coal mining operation in over half a century during a ceremony attended by senior political officials.
Turkish power producer Eren Energi Elektrik Uretim has launched a tender to buy 375,000 tonnes of thermal coal to be delivered in five shipments starting from August 2025, according to a document seen by Platts on June 27.