Naval Group

The Canadian government grants $55mn funding to Hydrostor to support the development of its 200 MW Silver City storage project in New South Wales.
QatarEnergy, TotalEnergies and Basra Oil Company begin construction of the final infrastructure components of Iraq’s integrated gas project, mobilising more than $13bn in investments to modernise the country’s energy supply.

Sion Power launches ultra-thin lithium-metal anode with 2-micron vacuum deposition

Sion Power has developed a vacuum deposition technology enabling the production of ultra-thin lithium-metal anodes, doubling cell life and allowing large-scale industrial manufacturing.
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Macquarie Asset Management has granted $350mn in financing to Nexamp to accelerate the development of large-scale solar and battery storage projects across the U.S.
A study reveals that independent oil and gas producers supported over 3.1 million jobs and generated $129bn in taxes, representing 87% of the US upstream sector’s economic contributions.

Gibson Energy renews share buyback programme for 12 months

Gibson Energy has received approval from the Toronto Stock Exchange to extend its normal course issuer bid, covering up to 7.5% of the public float over a one-year period starting 18 September.
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Texas-based utility CPS Energy acquires four natural gas power plants from ProEnergy for $1.39bn, strengthening its footprint in the ERCOT market with operational dual-fuel infrastructure.
The Singaporean government has signed a contract to purchase 2.17 million mtCO2e of carbon credits from REDD+, reforestation and grassland restoration projects, with deliveries scheduled between 2026 and 2030.

PEMEX exceeds $9.9bn cap in bond repurchase offer

Petróleos Mexicanos received offers surpassing the $9.9bn cap set for its debt repurchase programme, resulting in oversubscription during the initial phase of the operation.
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Terra Innovatum has signed a memorandum of understanding with Conuar for the supply of key components for the industrial production of its SOLO micro-modular reactor, marking a strategic move into the South American market.
Validation of underground injection permits by the U.S. Environmental Protection Agency strengthens Dewey Burdock’s regulatory position and paves the way for state permitting expected in 2025.

GATE Energy awarded commissioning contract for bp’s Kaskida offshore project

GATE Energy has been appointed to deliver full commissioning services for bp’s Kaskida floating production unit, developed in partnership with Seatrium in the deepwater Gulf of Mexico.
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The Peruvian power producer completed a cash tender offer for its 5.625% senior notes, reaching a participation rate of 68.39% at the close of the operation.
Three economic institutions based in Ramallah have founded a company named Taqa to develop renewable energy production in the region, with no connection to the Emirati company of the same name.

Global solar photovoltaic installers market to reach $651bn by 2030

The solar photovoltaic installers sector will grow by 15 % annually through 2030, driven by residential demand, public incentives and increasing integration into urban projects.
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MCF Energy has completed drilling of the Kinsau-1A well in Bavaria at 3,310 metres, reaching its geological targets with hydrocarbon presence, reaffirming the company’s commitment to its European gas projects.
A Ukrainian national arrested in Italy will be extradited to Germany, where he is suspected of coordinating the 2022 attack on the Nord Stream 1 and 2 gas pipelines in the Baltic Sea.

Nexans installs record-breaking 2,150-metre deep power cable in Italy

French group Nexans has begun installing a high-voltage submarine cable between Sardinia and Sicily, reaching an unprecedented depth of 2,150 metres as part of a project led by Italian grid operator Terna.
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The financing supported by the European Investment Bank will enable GreenIT to develop its portfolio of onshore wind projects in Italy by 2028.
Starting the ban on Russian gas as early as 2026 would raise benchmark prices, with a spread close to $1/MMBTU in 2026–2027 and spikes above $20/MMBTU in Austria, Hungary and Slovakia, amid tight regional supply and limited LNG availability.
Graphano Energy announces an initial mineral resource estimate for its Lac Saguay graphite properties in Québec, highlighting immediate development potential near major transport routes, supported by independent analyses.
Carbon2Nature, a subsidiary of Iberdrola, partners with law firm Uría Menéndez on a 90-hectare reforestation project in Sierra de Francia, targeting carbon footprint compensation for the legal sector.

First commercial seaweed harvest completed in Dutch offshore wind farm

North Sea Farmers has carried out the very first commercial-scale seaweed harvest in an offshore wind farm, supported by funding from the Amazon Right Now climate fund.
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The UK's National Wealth Fund participates in a GBP 59.6 million funding round to finance a COâ‚‚ capture pipeline for the cement and lime industry, targeting a final investment decision by 2028.
The Bayou Bend project, led by Chevron, Equinor, and TotalEnergies, aims to become a major hub for industrial carbon dioxide storage on the US Gulf Coast, with initial phases already completed.

Chloris Geospatial raises $8.5M to scale satellite-based forest carbon monitoring

US-based Chloris Geospatial has raised $8.5M from international investors to expand its satellite-based forest monitoring capabilities and strengthen its commercial position in Europe, addressing growing demand in the carbon market.
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The federal government is funding three carbon capture, utilisation and storage initiatives in Alberta, strengthening national energy competitiveness and preparing infrastructure aligned with long-term emission-reduction goals.
Donald Trump approves a substantial increase in US tax credits aimed at carbon capture and utilization in oil projects, significantly reshaping economic outlooks for the energy sector and drawing attention from specialized investors.

EU Unlocks €2.1 Billion to Protect its Exporters from Carbon Costs

The European Union unveils a plan aimed at protecting its exporting industries from rising carbon policy costs, using revenue generated from its border adjustment mechanism.
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Colombia is experiencing a significant drop in voluntary carbon credit prices due to a major oversupply, destabilizing the financial balance of associated communities and projects.
France and Norway sign an agreement facilitating the international transport of COâ‚‚ to offshore geological storage facilities, notably through the Northern Lights project and the COâ‚‚ Highway Europe infrastructure.

Frontier signs offtake agreement for 120 000 tonnes of BECCS credits

Frontier Infrastructure Holdings has signed an offtake agreement with manager Wild Assets for up to 120 000 tonnes of BECCS credits, underscoring the voluntary market’s growing appetite for traceable, high-permanence carbon removals.
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Global carbon capture and offset credit markets could exceed $1.35 trillion by 2050, driven by private investment, technological advances, and regulatory developments, according to analysis published by Wood Mackenzie.
The Australian carbon credit market is experiencing temporary price stabilization, while the emergence of new alternative financial instruments gradually attracts corporate attention, subtly altering the commercial and financial dynamics of the sector.

Norway Launches Complete Industrial Chain for Carbon Capture and Storage

Norway has launched a major industrial project aimed at capturing, maritime transport, and geological storage of COâ‚‚, mobilizing key energy players and significant public subsidies to ensure economic viability.
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A €21mn European grant, managed by EIB Global, will fund Egyptian projects aimed at cutting industrial emissions and boosting recycling, while a related €135mn loan is expected to raise additional climate investments.
Stockholm Exergi begins construction of a COâ‚‚ capture facility in Stockholm, integrated with the expansion of Northern Lights in Norway, reaching a total storage capacity of 5 million tonnes per year by 2028.

Global carbon coverage reaches 28%, compliance demand triples

Global emissions coverage by carbon pricing systems reaches 28%, driven by expanding compliance markets, where demand nearly tripled within one year, according to a World Bank report.
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Vietnam initiates a pilot carbon market targeting steel, cement, and thermal energy industries to prepare for nationwide regulation starting in 2029.
The U.S. Environmental Protection Agency (EPA) proposes granting Texas direct authority to issue carbon dioxide injection permits, potentially accelerating the commercial expansion of geological COâ‚‚ storage projects.