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An NGO identified 531 participants linked to carbon capture and storage technologies at COP30, illustrating the growing strategic interest of industry players in this technical lever within climate negotiations.
New Delhi secures 2.2 million tonnes of liquefied petroleum gas annually from the United States, a state-funded commitment amid American sanctions and shifting supply strategies.

INNIO deploys 450 MW flexible power plant to support UK grid

INNIO and Clarke Energy are building a 450 MW gas engine power plant in Thurrock to stabilise the electricity grid in southeast England and supply nearly one million households.
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A report urges European states to rapidly deploy long-duration energy storage technologies, deemed essential to avoid building obsolete gas assets and reduce grid costs by 2040.
LibertyStream has signed a memorandum of understanding with Packet Digital to secure a local supply of lithium carbonate for industrial and military battery production, backed by approximately $2.7mn in funding.

First Solar invests $330mn in new solar factory in South Carolina

First Solar launches a $330mn industrial project in Gaffney to add 3.7 GW of domestic solar capacity and create over 600 jobs, strengthening its manufacturing presence in the United States.
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The Monte Cristo I project strengthens Terra-Gen’s presence in Texas with a total capacity of 273 MW and economic returns exceeding $100mn for local communities.
Ecopetrol has finalised the acquisition of solar assets in Colombia from Statkraft for $157.5mn, adding more than 0.6 GW of installed capacity to its energy portfolio.

Tethys Petroleum increases output and returns to profit in Q3

Tethys Petroleum posted a net profit of $1.4mn in Q3 2025, driven by a 33% increase in hydrocarbon sales and rising oil output.
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The Kuwaiti government has invited six international consortia to submit bids for a new 500-megawatt solar project under phase III of the Al Shagaya complex.
Serbia considers emergency options to avoid the confiscation of Russian stakes in NIS, targeted by US sanctions, as President Vucic pledges a definitive decision within one week.

Carbon neutrality to reach $27.22bn by 2035, driven by Asia

Driven by rising demand from China and India, the global carbon neutrality market is expected to grow by 7.3 % annually through 2035, supported by sustained investment in capture technologies.
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Exowatt strengthens its capital to industrialise its P3 solar solution and meet the strong demand from AI-powered data centres across the United States.
BW Offshore and BW Group create BW Elara, a joint venture for floating desalination units, combining offshore engineering and water treatment to meet urgent freshwater needs.

Aramco deploys autonomous AI agents to optimise Fadhili gas plant

Aramco and Yokogawa have completed the deployment of autonomous artificial intelligence agents in the gas processing unit of Fadhili, reducing energy and chemical consumption while limiting human intervention.
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Ohmium reached an iridium utilisation rate of 18 GW/ton for its electrolyzers, significantly surpassing the 2030 target, through technological advances that lower hydrogen production costs.
Shanghai Electric signed a framework agreement with Siemens to develop medium- and low-voltage equipment, aiming to modernise China’s power grids and support national decarbonisation targets.

Rondo Energy commissions industrial heat battery in Thailand

US-based Rondo Energy and SCG Cleanergy have completed the installation of a 33 MWh heat battery at a cement plant in Thailand, the first of its kind in Southeast Asia, delivering steam to power a turbine for industrial electricity generation.
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S‑Fuelcell is accelerating the launch of its GFOS platform to provide autonomous power to AI data centres facing grid saturation and a continuous rise in energy demand.
Enbridge commits $1.4bn to expand capacity on its Mainline network and Flanagan South pipeline, aiming to streamline the flow of Canadian crude to US Midwest and Gulf Coast refineries.
US-based Primoris posted record quarterly revenue of $2.18bn, driven by strong momentum in its Energy and Utilities segments, and raised its earnings guidance for the full year 2025.
Energy group Constellation proposes a massive investment in electricity generation and storage, with a planned capacity of 5,800 megawatts to meet rising energy demand in Maryland.

Aegir Insights expands Aegir Quant™ to hybrid, solar and storage assets

Danish firm Aegir Insights extends its Aegir Quant™ platform to onshore wind, solar, storage and hybrid assets, strengthening its investment intelligence offering for developers and investors.
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TotalEnergies has released its Energy Outlook 2025 report, outlining three scenarios for the global energy system’s evolution and the economic implications of consumption and production trends through 2050.
Shell launches a bond exchange offer on six USD-denominated series to restructure $8.4bn in debt through its newly formed entity Shell Finance US.

NU E Power acquires 500 MW of energy assets to strengthen global network

NU E Power Corp. acquires 500 MW of hybrid projects from ACT Mid Market Ltd. to support the global expansion of its artificial intelligence and Bitcoin mining infrastructure.
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TotalEnergies has signed a ten-year agreement with Data4 to supply its Spanish data centers with renewable electricity, with a total volume of 610 GWh starting from January 2026. The agreement relies on a 30 MW capacity.
BP reported a net profit of $1.16 billion in the third quarter, five times higher than in 2024, thanks to strong results in refining and distribution, despite a decline in oil prices.

Aramco’s net profit drops for the eleventh consecutive quarter

Aramco reported a 2.3% decrease in its net profit for the third quarter, amid global economic uncertainties and an oversupply of oil, although its adjusted earnings showed a slight increase.
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Shell restructures six series of bonds through an exchange offer, migrating them to its U.S. subsidiary to optimize its capital structure and align its debt with its U.S. operations.
The partnership combines industrial AI tools, continuous power supplies, and investment vehicles, with volumes and metrics aligned to the demands of high-density data centers and operational optimization in oil and gas production.

Iberdrola concludes the acquisition of 30.29% of Neoenergia for 1.88 billion euros

Iberdrola has finalized the acquisition of 30.29% of Neoenergia for 1.88 billion euros, strengthening its strategic position in the Brazilian energy market.
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Dominion Energy reported net income of $1.0bn in Q3 2025, supported by solid operational performance and a revised annual outlook.
Swedish group Vattenfall improves its underlying operating result despite the end of exceptional effects, supported by nuclear and trading activities, in a context of strategic adjustment on European markets.

ACWA Power signs $10bn in energy and financing deals at FII9

ACWA Power signed $10bn worth of projects and financing agreements across Central Asia, the Gulf, China and Africa, marking a new phase in its global energy expansion.
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Athabasca Oil steps up its share repurchase strategy after a third quarter marked by moderate production growth, solid cash flow generation and disciplined capital management.
Schneider Electric reaffirmed its annual targets after reporting 9% organic growth in Q3, driven by data centres and manufacturing, despite a negative currency effect of €466mn ($492mn).

Prysmian raises annual targets after record Q3 performance

The Italian industrial cable manufacturer posted revenue above €5bn in the third quarter, driven by high-voltage cable demand, and adjusted its 2025 guidance upward.
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The Thai group targets energy distributors and developers in the Philippines, as the national grid plans PHP900bn ($15.8bn) in investments for new transformer capacity.
Scatec strengthened growth in the third quarter of 2025 with a significant debt reduction, a rising backlog and continued expansion in emerging markets.