Fidelis New Eergy

NU E Power Corp. completed the purchase of 500 MW in energy assets from ACT Mid Market Ltd. and appointed Broderick Gunning as Chief Executive Officer, marking a new strategic phase for the company.
In Inner Mongolia, Xing’an League is deploying CNY6bn in public funds to build an integrated industrial ecosystem for hydrogen, ammonia and methanol production using local renewable resources.

BP partially restarts Olympic Pipeline but leaves 60% of capacity offline

Restarting Olympic Pipeline’s 16-inch line does not restore full supply to Oregon and Seattle-Tacoma airport, both still exposed to logistical risks and regional price tensions.
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US-based CETY has been awarded a $10mn contract to build a battery energy storage system in New York State, marking the first in a series of planned installations across the region.
First Hydrogen begins research with the University of Alberta to identify molten-salt mixtures simulating nuclear fuels for SMR prototypes.

West Holdings and Toshiba partner to deliver integrated solar and storage services

West Holdings and Toshiba Energy Systems & Solutions will jointly develop turnkey services for solar power plants and large-scale battery storage, combining construction, grid management and production optimisation.
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The Italo-Japanese group Potentia Energy has received environmental clearance for a 1 GW solar and battery hybrid park in New South Wales, estimated at AUD1.3bn ($858.9m).
Faced with tightened sanctions from the United States and European Union, Indian refiners are drastically reducing their purchases of Russian crude from December, according to industry sources.

Woodside and East Timor target LNG production from Sunrise by 2032

Woodside Energy and East Timor have reached an agreement to assess the commercial viability of a 5 million-tonne liquefied natural gas project from the Greater Sunrise field, with first exports targeted between 2032 and 2035.
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French energy group Engie wins its second-largest global battery storage project with a capacity of 280 MW, awarded by a state-owned company in Gujarat, India.
Commodities trader BB Energy has cut over a dozen jobs in Houston and will shift some administrative roles to Europe as part of a strategic reorganisation.

Solar output overtakes natural gas in California during peak daytime hours

In California, electricity production from natural gas is falling as solar continues to rise, especially between noon and 5 p.m., according to 2025 data from local grid authorities.
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In its latest review, the International Energy Agency warns of structural blockages in South Korea’s electricity market, calling for urgent reforms to close the gap on renewables and reduce dependence on imported fossil fuels.
Symphonics enables photovoltaic operators to access RTE’s adjustment mechanism, offering new profitability in a context of slowdown in the solar sector in France.

Framatome delivers first nuclear fuel assemblies for Barakah

Framatome has completed the manufacturing of the first nuclear fuel assemblies for the Barakah power plant, marking a key milestone in the supply agreement signed with Emirates Nuclear Energy Company in July.
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Moscow says it wants to increase oil and liquefied natural gas exports to Beijing, while consolidating bilateral cooperation amid US sanctions targeting Russian producers.
China's power generation capacity recorded strong growth in October, driven by continued expansion of solar and wind, according to official data from the National Energy Administration.

Serbia’s Pancevo refinery faces shutdown as US sanctions cut crude supply

Serbia’s only refinery, operated by NIS, may be forced to halt production this week, weakened by US sanctions targeting its Russian shareholders.
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Nordex Group will supply six turbines to upgrade a 34.2 MW wind farm in Caparroso, financed by the European Union under the NextGenerationEU plan.
Swiss group Axpo has completed a four-plant photovoltaic complex in León province, totalling 200 MWp of capacity, and is preparing its grid connection for early 2026.
Chevron acquires 125,000 acres in a lithium-rich formation in the United States, aiming at local production via advanced technology to strengthen the national supply of critical minerals.
Vortex Metals has confirmed copper, silver and gold grades at the Illapel project in Chile, while identifying six new conductive targets with high IOCG mineralisation potential.

Comet Lithium launches targeted campaign on copper, nickel and lithium in Québec

Comet Lithium begins a 17-day exploration programme on June 13 at its Triple L and Elmer East sites, focusing on geophysical and satellite-detected anomalies.
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With 27 ongoing projects across seven states, Brazil seeks international funding to develop its rare earth reserves and reduce reliance on China.
The European Union selects 13 critical materials extraction projects, including a site in Greenland, to secure strategic supplies essential for technological and energy industries, amidst global geopolitical risks.

Global mining concentration threatens access to strategic metals

The International Energy Agency warns of growing vulnerability in strategic metal supply chains, dominated by a limited number of producing and refining countries.
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The European rearmament plan intensifies pressure on critical metals supply chains, dominated by China, and in direct competition with other key industrial sectors.
State-owned oil group Rosneft has taken over the exploitation licence for the Tomtor rare metals deposit, marking the entry of hydrocarbons into a mining sector largely abandoned by private investors.

Saudi Arabia offers titanium and aluminium to France to strengthen its industry

During a visit to France, the Saudi Minister of Industry presented the kingdom's titanium and aluminium as levers to reach agreements with French manufacturers and support the country’s industrial diversification.
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Smackover Lithium’s South West Arkansas project becomes one of only three lithium initiatives designated as priority projects in the US under the presidential executive order on mineral autonomy.
In Nasarawa State, Nigeria, lithium extraction is intensifying due to the rising demand for this strategic mineral. Between artisanal operations and foreign investments, the sector is developing despite regulatory challenges and local tensions.

India Invests 1.8 Billion Euros to Secure Its Supply of Strategic Minerals

The Indian government has announced an investment of 1.8 billion euros to reduce its dependence on China for strategic minerals essential for the renewable energy and defense industries.
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A major agreement between Petrobras and Vale marks a significant advancement in the decarbonization efforts of Brazil's energy and mining sectors, with the supply of renewable content diesel intended for heavy vehicle fleets.