L'Oréal

The European Union has enshrined in law a complete ban on Russian gas by 2027, forcing utilities, operators, traders and states to restructure contracts, physical flows and supply strategies under strict regulatory pressure.
The partial exploitation of associated gas from the Badila field by Perenco supplies electricity to Moundou, highlighting the logistical and financial challenges of gas development in Chad.

Nigeria auctions 50 oil blocks in its 2025 licensing round

La Nigerian Upstream Petroleum Regulatory Commission ouvre la compétition pour 50 blocs d’exploration, répartis sur plusieurs zones stratégiques, afin de relancer les investissements dans l’amont pétrolier.
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The Nigerian Upstream Petroleum Regulatory Commission opens bidding for 50 exploration blocks across strategic zones to revitalise upstream investment.
Brussels validates a new list of 235 PCI/PMI infrastructure projects, prioritising electricity, hydrogen and CO₂ corridors, while locking in access conditions to European funding through 2040.

Nakhchivan connects to European energy markets through new interconnection lines

Azerbaijan is developing Nakhchivan into a key electricity export hub with interconnection projects to Türkiye, boosting regional integration into the European energy market.
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Bucharest authorises an exceptional takeover of Lukoil’s local assets to avoid a supply shock while complying with international sanctions. Three buyers are already in advanced talks.
Kazakhstan plans to allocate 3 GW of wind and solar projects by the end of 2026 through public tenders, with a first 1 GW tranche in 2025, amid efforts to modernise its power system.

Slatina-3 relaunched by Jordan Oxley after Cindrigo’s bankruptcy in Croatia

Investor Jordan A. Oxley has acquired the Slatina-3 geothermal asset for €400k after Cindrigo’s bankruptcy, betting on a technical and regulatory revival within Croatia’s complex permitting framework.
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Serbia's only refinery, operated by NIS, has suspended production due to a shortage of crude oil, a direct consequence of US sanctions imposed on its majority Russian shareholder.
A new regulation requires gas companies to declare the origin, volume and duration of their contracts, as the EU prepares to end Russian imports.

The United Kingdom launches TAE Beam UK backed by Google in fusion

The United Kingdom and TAE Technologies create a joint venture in Culham to produce neutral beams, a key component of fusion, with strategic backing from Google.
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Recurrent Energy has received authorisation to develop Tillbridge, a hybrid 1.3 GW solar and battery project in England, strengthening its expansion strategy in the UK market.
McDonald’s UK commits to purchasing all electricity from the Douglas West Extension Wind Farm, a 66 MW project developed by Capital Dynamics in Scotland, under a long-term agreement managed by ENGIE.

Axess Group signs strategic agreement with ARO Drilling in Saudi Arabia

Axess Group has signed a memorandum of understanding with ARO Drilling to deliver asset integrity management services across its fleet, integrating digital technologies to optimise operations.
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Saudi Aramco has launched production at the unconventional Jafurah gas field, initiating an investment plan exceeding $100bn to substitute domestic crude and increase exportable flows under OPEC+ constraints.
Le Koweït a publié une demande de propositions pour la construction d'une centrale solaire de 500 MW, dont l’électricité sera injectée dans le réseau national sur la base d’un contrat de rachat de 30 ans.

Sinopec hosts the secretariat of the global geothermal standardisation committee

The International Geothermal Standard Committee was launched in Beijing with a permanent secretariat established at Sinopec, marking a major step toward harmonising global geothermal industry standards.
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Mori Building has completed three solar-plus-storage plants in Japan to supply its real estate assets through an intra-group partnership structured by TEPCO Energy Partner.
Húsavík Energy launches a drilling campaign to secure its geothermal resource following the shutdown of its main industrial client, aiming to diversify its energy offers and strengthen the appeal of the Bakki site.
Gathered in Belém, states from Africa, Asia, Latin America and Europe support the adoption of a timeline for the gradual withdrawal from fossil fuels, despite expected resistance from several producer countries.
The E3 and the United States submit a resolution to the IAEA to formalise Iran's non-cooperation following the June strikes, consolidating the legal basis for tougher energy and financial sanctions.

UK creates taskforce to strengthen energy resilience after Heathrow outage

The United Kingdom launches a taskforce led by the Energy Minister to strengthen the security of the national power grid after a full shutdown at Heathrow Airport caused by a substation fire.
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New Delhi is seeking $68bn in Japanese investment to accelerate gas projects, develop hydrogen and expand LNG import capacity amid increased openness to foreign capital.
Germany will introduce a capped electricity rate for its most energy-intensive industries to preserve competitiveness amid high power costs.

France: Sylvain Waserman defends Ademe against criticism of its effectiveness and legitimacy

Under political pressure, Ademe faces proposals for its elimination. Its president reiterates the agency’s role and justifies the management of the €3.4bn operated in 2024.
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Solar and wind generation exceeded the increase in global electricity demand in the first three quarters of 2025, leading to a stagnation in fossil fuel production according to the latest available data.
The Malaysian government plans to introduce a carbon tax and strengthen regional partnerships to stabilise its industry amid emerging international regulations.

E.ON warns of uncertainty surrounding German grid revenue reform

E.ON warns about the new German regulatory framework that could undermine profitability of grid investments from 2029.
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A major blackout has disrupted electricity supply across the Dominican Republic, impacting transport, tourism and infrastructure nationwide. Authorities state that recovery is underway despite the widespread impact.
Vietnam is consolidating its regulatory and financial framework to decarbonise its economy, structure a national carbon market, and attract foreign investment in its long-term energy strategy.

EBRD injects $40mn into Infinity Power to accelerate African expansion

The European Bank for Reconstruction and Development strengthens its commitment to renewables in Africa by supporting Infinity Power’s solar and wind expansion beyond Egypt.
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Governor Gavin Newsom attended the COP30 summit in Belém to present California as a strategic partner, distancing himself from federal policy and leveraging the state's economic weight.
Chinese authorities authorise increased private sector participation in strategic energy projects, including nuclear, hydropower and transmission networks, in an effort to revitalise slowing domestic investment.

South Africa reforms its rules to accelerate electricity transmission projects

A new regulatory framework comes into effect to structure the planning, procurement and management of electricity transmission infrastructure, aiming to increase grid reliability and attract private investment.
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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.
Global energy efficiency progress remains below the commitments made in Dubai, hindered by industrial demand and public policies that lag behind technological innovation.

Global renewable capacity to reach 793 GW in 2025 despite limited political ambitions

Global solar and wind additions will hit a new record in 2025, but the lack of ambitious national targets creates uncertainty around achieving a tripling by 2030.
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South Korean refiners warn of excessive emissions targets as government considers cuts of up to 60% from 2018 levels.
Ahead of COP30 in Belém, Brazilian President Luiz Inacio Lula da Silva adopts a controversial stance by proposing to finance the energy transition with proceeds from offshore oil exploration near the Amazon.