Magnora

The 50 MW Morozuka hydroelectric plant will be converted into a pumped-storage facility, reflecting Kyushu Electric Power's strategic repositioning in response to increasing pressure on Japan’s energy flexibility capabilities.
EDF and OpCore are converting a former thermal power plant south-east of Paris into one of Europe’s largest data centre campuses, backed by a €4 billion ($4.31bn) investment and scheduled to begin service in 2027.

Pertamina increases imports to meet gasoline demand

The sustained rise in consumption of high-octane gasoline pushes Pertamina to supplement domestic supply with new imported cargoes to stabilise stock levels.
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Seoul joins the Powering Past Coal Alliance and confirms a gradual withdrawal from unabated coal, with a regulatory programme targeting the closure of 40 facilities and a strict assessment of the remaining units.
Canadian group CRR acquires a strategic 53-kilometre road network north of Slave Lake from Islander Oil & Gas to support oil development in the Clearwater region.

Hut 8 sells 310 MW gas-fired portfolio to TransAlta after asset optimisation

Hut 8 transfers four natural gas power plants to TransAlta following a turnaround plan and five-year capacity contracts secured in Ontario.
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Kazakhstan’s energy minister dismissed any ongoing talks between the government and Lukoil regarding the potential purchase of its domestic assets, despite earlier comments from a KazMunayGas executive.
OPEC and the Gas Exporting Countries Forum warn that chronic underinvestment could lead to lasting supply tensions in oil and gas, as demand continues to grow.

Technip Energies to deliver three electric marine arms for Northern Lights phase 2

Technip Energies strengthens its role in the Northern Lights project in Norway by supplying electric marine equipment for the transfer of liquefied CO2 at the Øygarden terminal.
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A national barometer shows that 62% of Norwegians support maintaining the current level of hydrocarbon exploration, confirming an upward trend in a sector central to the country’s economy.
The French Court of Auditors values EDF’s grand carénage at over €100bn, while EPR2 reactors already exceed €67–75bn. The State simultaneously directs regulation, financing, and industrial strategy, raising the risk of conflict of interest.

ShaMaran delivers first “in kind” cargo to Ceyhan under new Iraqi federal framework

ShaMaran has shipped a first cargo of crude oil from Ceyhan, marking the implementation of the in-kind payment mechanism established between Baghdad, Erbil, and international oil companies following the partial resumption of exports through the Iraq–Türkiye pipeline.
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Haffner Energy presents the H6 generation, a biomass‑hydrogen system positioned as competitive against electrolysis, as the company seeks new investors amid financial pressure and a regulatory landscape focused on RFNBO.
Four companies completed a global series of secure remote additive manufacturing to locally produce certified parts for the oil and gas industry, marking a key industrial milestone for supply chain resilience.

TGS launches 14,800 km² seismic survey in Brazil’s Pelotas Basin

Norwegian group TGS begins Phase I of its multi-client seismic survey in the Pelotas Basin, covering 21 offshore blocks in southern Brazil, with support from industry funding.
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By selling its US subsidiary TVL LLC, active in the Haynesville and Cotton Valley formations in Louisiana, to Grayrock Energy for $255mn, Tokyo Gas pursues a targeted rotation of its upstream assets while strengthening, through TG Natural Resources, its exposure to major US gas hubs supporting its LNG value chain.
HyperStrong commits to purchase at least 200 GWh of battery cells from CATL by 2028, as part of a strategic partnership aimed at structuring a global energy storage ecosystem.

TotalEnergies signs €5.1bn deal with EPH for 14 GW of flexible capacity

TotalEnergies acquires 50% of a flexible power generation portfolio from EPH, reinforcing its gas-to-power strategy in Europe through a €10.6bn joint venture.
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Indonesian group Chandra Asri receives a $750mn tailor-made funding from KKR for the acquisition of the Esso network in Singapore, strengthening its position in the fuel retail sector.
The Essington-1 well identified significant hydrocarbon columns in the Otway Basin, strengthening investment prospects for the partners in the drilling programme.
EDF launches a sovereign digital platform to secure data exchanges between nuclear stakeholders, aiming to accelerate the construction of future EPR2 reactors.
ONE Nuclear Energy publishes a virtual presentation for investors detailing its industrial vision, ahead of its merger with Hennessy Capital Investment Corp. VII expected in the first half of 2026.

Support for nuclear grows in the US as coal plants are repurposed

A majority of Americans now back nuclear energy, with strong approval for converting coal plants into nuclear sites and increasing public investment in sector technologies.
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Alfa Laval extends its cooperation with EDF to supply heat exchangers for EPR2 projects across three nuclear sites, reinforcing its position in the French nuclear sector.
Hadron Energy formalises its regulatory plan with U.S. nuclear authorities ahead of its $1.2bn merger with GigCapital7, relying on early compliance to accelerate the commercial deployment of its microreactor.

IAEA warns of restricted access to Iranian nuclear site since June strikes

The International Atomic Energy Agency denounces the ongoing inspection blockage at several damaged Iranian nuclear facilities, where stocks of highly enriched uranium remain.
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Orano is testing an artificial intelligence-equipped robot for four months at its Melox site to assess its ability to assist in sensitive and repetitive industrial operations.
The UK’s Sizewell C project reaches a key milestone with a financing boost from EDF, including a loan guaranteed by Bpifrance and backing from the National Wealth Fund, with an estimated total cost of GBP38bn ($48.19bn).

NGE and Sade win contract for cooling system networks of EPR2 reactors

NGE, through its subsidiary Sade, has won the contract for the cooling system networks (SEC) of six EPR2 reactors in France, a key project for nuclear safety and industrial innovation.
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Constellation plans to increase the nuclear capacity of Calvert Cliffs in Maryland, with projects aimed at addressing the rising energy demand and supporting the state’s economic growth.
The UK's Office for Nuclear Regulation has granted formal consent to EDF Energy to decommission the Hinkley Point B nuclear power plant in Somerset, England, following its permanent shutdown in August 2022.

The United States Moves Towards the Construction of New Nuclear Reactors

Illinois and New York take significant steps to develop additional nuclear capacity, aiming to strengthen their power generation while diversifying their sources.
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US company Intuitive Machines has secured an additional contract to develop compact nuclear technology for lunar missions and extended space infrastructure.
Centrales Nucleares Almaraz-Trillo has officially requested the extension of operations for reactors Almaraz I and II until 2030, challenging the original timeline for the shutdown of Spain’s nuclear fleet.

Amentum secures key contracts under £1.4bn Sellafield nuclear programme

US-based Amentum has secured strategic roles on a 15-year decommissioning framework in the United Kingdom, potentially worth up to £1.4bn ($1.9bn), through multiple projects at the Sellafield site.
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Finland’s Olkiluoto nuclear plant will receive a €90mn ($104mn) loan from the European Investment Bank to upgrade units I and II as part of a programme aiming to extend their operational lifespan.
Electrabel has entrusted Framatome with upgrading the control system of the Tihange 3 reactor, reinforcing Belgium’s nuclear extension strategy launched in 2023.

Hitachi to expand US capacity to support nuclear revival and AI demand

Hitachi joins Washington and Tokyo in strategic projects to modernise the US grid and back artificial intelligence expansion through nuclear and electrification investments.
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NANO Nuclear restructures its Canadian operations under the name True North Nuclear to accelerate regulatory and industrial development of its KRONOS MMR™ microreactor.
Cameco and Brookfield have signed a strategic agreement with the US government to build new Westinghouse reactors, a project valued at a minimum of $80bn, including an unprecedented public participation mechanism.