The UK government has approved the development consent for the 480 MW Morecambe offshore wind farm, a project led by Copenhagen Infrastructure Partners and scheduled to enter construction in 2027.
Infinity Power has started work on its 200 MW wind project in Ras Ghareb, strengthening its position in the African market with technical support from China's POWERCHINA Huadong.
Rolls-Royce SMR has expanded its partnership with ÚJV Řež to accelerate the deployment of small modular reactors, targeting the construction of several units in the Czech Republic and abroad.
Snam strengthens its position in hydrogen and CO₂ infrastructure with EU-backed SoutH2 corridor and Ravenna hub, both included in the 2025 list of strategic priorities for the European Union.
A partnership between the European Investment Bank and Crédit Agricole CIB aims to generate up to €8 billion in wind energy investments across the European Union through a bank guarantee mechanism.
Le producteur Hydrocop a levé €182mn en dette senior pour refinancer ses actifs et déployer un plan d’investissement de €35mn axé sur la modernisation et la flexibilité de ses installations hydroélectriques.
Parliament approved the removal of a proposed tax increase on Superethanol-E85, ensuring a continued favourable tax regime for motorists and the agricultural sector until 2026.
The French Energy Regulatory Commission introduces a temporary prudential control on gas and electricity suppliers through a “guichet à blanc” opening in December, pending the transposition of European rules.
With a €600mn ($652mn) contribution, the European Investment Bank becomes the main lender of the BC-Wind offshore wind project developed by Ocean Winds off the Polish coast.
The Iraqi government is inviting US oil companies to bid for control of the giant West Qurna 2 field, previously operated by Russian group Lukoil, now under US sanctions.
Two tankers under the Gambian flag were attacked in the Black Sea near Turkish shores, prompting a firm response from President Recep Tayyip Erdogan on growing risks to regional energy transport.
The Indian government aims to amend legislation to allow private companies to participate in civil nuclear development, a move positioned as critical to achieving the country’s long-term energy targets.
The British producer continues to downsize its North Sea operations, citing an uncompetitive tax regime and a strategic shift towards jurisdictions offering greater regulatory stability.
The VVER-1200 nuclear reactor at Xudabao 4 in China has completed installation of its final passive water tank, marking the end of modular construction for the second phase of the project.
Dangote Refinery says it can fully meet Nigeria’s petrol demand from December, while requesting regulatory, fiscal and logistical support to ensure delivery.
Ottawa and Edmonton commit to a nuclear production roadmap by 2050, through a memorandum of understanding also covering carbon capture and an Indigenous-led pipeline project.
Equans Process Solutions brings together its expertise to support highly technical industrial sectors with an integrated offer covering the entire project lifecycle in France and abroad.
Cadeler has taken delivery of its tenth wind turbine installation vessel, Wind Mover, delivered ahead of schedule and immediately deployed in Europe, strengthening its capabilities amid rising industrial demand.
BP reactivated the Olympic pipeline, critical to fuel supply in the U.S. Northwest, after a leak that led to a complete shutdown and emergency declarations in Oregon and Washington state.
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.
Glencore's attributable production in Cameroon dropped by 31% over nine months, adding pressure on public revenues as Yaoundé revises its oil and budget forecasts amid field maturity and targeted investment shifts.
The profitability of speculative positioning strategies on Brent is declining, while contrarian approaches targeting extreme sentiment levels are proving more effective, marking a significant regime shift in oil trading.
Alaska is set to record its highest oil production increase in 40 years, driven by two key projects that extend the operational life of the TAPS pipeline and reinforce the United States' strategic presence in the Arctic.
TotalEnergies and Chevron are seeking to acquire a 40% stake in the Mopane oil field in Namibia, owned by Galp, as part of a strategy to secure new resources in a high-potential offshore basin.
The reduction of Rosneft’s stake in Kurdistan Pipeline Company shifts control of the main Kurdish oil pipeline and recalibrates the balance between US sanctions, export financing and regional crude governance.
Russian group Lukoil seeks to sell its assets in Bulgaria after the state placed its refinery under special administration, amid heightened US sanctions against the Russian oil industry.
US authorities will hold a large offshore oil block sale in the Gulf of America in March, covering nearly 80 million acres under favourable fiscal terms.
Sonatrach awarded Chinese company Sinopec a contract to build a new hydrotreatment unit in Arzew, aimed at significantly increasing the country's gasoline production.
The American major could take over part of Lukoil’s non-Russian portfolio, under strict oversight from the U.S. administration, following the collapse of a deal with Swiss trader Gunvor.
Finnish fuel distributor Teboil, owned by Russian group Lukoil, will gradually cease operations as fuel stocks run out, following economic sanctions imposed by the United States.
ExxonMobil will shut down its Fife chemical site in February 2026, citing high costs, weak demand and a UK regulatory environment unfavourable to industrial investment.
Polish state-owned group Orlen strengthens its North Sea presence by acquiring DNO’s stake in Ekofisk, while the Norwegian company shifts focus to fast-return projects.
The Syrian Petroleum Company has signed a memorandum of understanding with ConocoPhillips and Nova Terra Energy to develop gas fields and boost exploration amid ongoing energy shortages.
Fincraft Group LLP, a major shareholder of Tethys Petroleum, submitted a non-binding proposal to acquire all remaining shares, offering a 106% premium over the September trading price.
As global oil prices slowed, China raised its crude stockpiles in October, taking advantage of a growing gap between imports, domestic production and refinery processing.
Kuwait Petroleum Corporation has signed a syndicated financing agreement worth KWD1.5bn ($4.89bn), marking the largest ever local-currency deal arranged by Kuwaiti banks.
The Beninese government has confirmed the availability of a mobile offshore production unit, marking an operational milestone toward resuming activity at the Sèmè oil field, dormant for more than two decades.
