The termination of a strategic contract with Dutch grid operator TenneT triggered the administration of Petrofac’s holding company, reigniting tensions with creditors.
Canadian group Energy Plug Technologies continues its expansion in the US market with the delivery of a new energy storage system to an industrial client based in the southern region.
Ormat Technologies and SLB join forces to accelerate the development of integrated geothermal systems, including a pilot EGS project at an existing site for large-scale commercial deployment.
Cenovus Energy adjusts its MEG Energy acquisition offer to $30 per share and signs a voting support agreement with Strathcona Resources, while selling assets worth up to CAD150mn.
With dense industrial activity and unique geological potential, Texas is attracting massive investment in carbon capture and storage, reinforced by new federal tax incentives.
GE Vernova and YTL PowerSeraya will assess the feasibility of capturing 90% of CO₂ emissions at a planned 600-megawatt gas-fired power plant in Singapore.
Singapore strengthens its energy strategy through public investments in nuclear, regional electricity interconnections and gas infrastructure to secure its long-term supply.
Iraq is negotiating a potential revision of its OPEC production limit while maintaining exports at around 3.6 million barrels per day despite significantly higher capacity.
The carbon removal technology sector is expanding rapidly, backed by venture capital and industrial projects, yet high costs remain a significant barrier to scaling.
Amman plans to launch tenders for 400 megawatts of solar, wind and storage projects, as part of a strengthened bilateral energy cooperation with Germany.
Le Premier ministre hongrois se rendra à Washington pour discuter avec Donald Trump des sanctions américaines contre le pétrole russe, dans un contexte de guerre en Ukraine et de dépendance persistante de la Hongrie aux hydrocarbures russes.
With a 9.3% increase in one year, district heating networks cross a historic threshold, while cooling networks continue expanding in response to intensifying heatwaves.
TotalEnergies is asking Mozambique for a licence extension and financial compensation to restart its $20 billion gas project suspended since 2021 following an armed attack.
An Italian appeal court has approved the extradition to Germany of a former Ukrainian commander suspected of coordinating the 2022 sabotage of the Nord Stream gas pipeline, a decision now challenged in cassation.
Algeria has removed Rachid Hachichi from the leadership of Sonatrach, two years after his appointment, replacing him with Noureddine Daoudi, former head of the National Agency for the Valorisation of Hydrocarbon Resources.
Portugal’s Galp Energia reported an adjusted net profit of €407 million in Q3, driven by higher refining margins and strong contribution from liquefied natural gas.
Despite the emergence of new storage technologies, lithium-ion batteries retain a dominant position thanks to industrial leadership, improved performance and a high geographic concentration of production capacity.
QatarEnergy has acquired a 40% stake in the North Rafah offshore exploration block, located off Egypt’s Mediterranean coast, strengthening its presence in the region in partnership with Italian group Eni.
Nigerian tycoon Aliko Dangote plans to expand his refinery’s capacity to 1.4 million barrels per day, reshaping regional energy dynamics through an unmatched private-sector project in Africa.
A new report states that the US state could reach 163 GW of geothermal capacity through a set of public measures and expertise drawn from its oil sector.
Eavor Technologies secures an additional CA$138mn from the Canada Growth Fund for its geothermal project in Germany, reinforcing its operational base in Canada.
Project InnerSpace and Indonesia's IESR join forces to accelerate national geothermal development, estimated at 3,000 GW, with a strategic report expected in the autumn.
Advances in enhanced and closed-loop geothermal systems are drawing growing interest from governments and tech giants, despite critical cost reductions still needed for competitiveness.
Enertech Global will supply heat pumps for a 1,500-home project in partnership with Dandelion Energy, marking one of the largest residential geothermal deployments ever undertaken in the United States.
Google signs a power purchase agreement with Baseload Capital to develop 10 MW of geothermal energy in Taiwan, doubling the country’s current commercial geothermal capacity.
Zero Industrial secures a $10 mn Series A funding round led by Evok Innovations to develop thermal storage projects for industrial sites in North America.
Syntholene Energy Corp has secured a 20-megawatt geothermal resource to support the world's first geothermal-powered synthetic sustainable aviation fuel (eSAF) production facility.
Thomassen Amcot Holdings LLC has completed the acquisition of a 160 MW steam turbine generator from TC Energy. The equipment, currently stored in Canada, could be redeployed to the United States to meet the energy needs of certain markets.
The cities of Melun and Vaux-le-Pénil are launching the expansion of their heating network with the drilling of a new geothermal well planned for 2026. This project aims to strengthen local energy supply by increasing the capacity of the existing network.
Google Cloud, SLB, and Project Innerspace announce a collaboration to stimulate the global adoption of geothermal energy by combining advanced data and technical expertise in identifying geothermal resources.
Energy Secretary Chris Wright highlighted the importance of advanced geothermal energy in ensuring the United States' energy abundance at the Geothermal House DC MAGMA event in Washington.
EDF Saudi Arabia and TAQA Geothermal Energy Company have signed a memorandum of understanding to develop geothermal energy in the Kingdom. This initiative aims at electricity production and HVAC applications, aligning with Saudi Arabia’s Vision 2030.
Safran has announced a partnership with Dalkia and Arverne Group to install a geothermal power plant at its Villaroche site. This infrastructure is expected to cover 84% of the factory’s heating needs, thereby reducing its natural gas consumption.
DEEP Earth Energy Production Corp. and SLB partner to develop an innovative geothermal project in Saskatchewan, aiming to produce 30 MW of emission-free energy.
Bihor County in Romania accelerates geothermal energy integration into its energy economy. With over €45 million invested, mostly funded by the European Union, the region highlights the growing profitability of this resource.
By redefining energy priorities, the Trump administration offers unexpected support to geothermal energy, the only renewable aligned with the economic interests of fossil fuel industries and its promising growth prospects.
Daldrup & Söhne AG, a specialist in drilling technology and geothermal energy, has won two research drilling contracts in Germany, totaling 3 million euros, for projects in Krefeld and Grasellenbach.
Ormat Technologies and Calpine Energy Solutions enter into an agreement to supply 15 MW of clean geothermal energy starting in 2027, highlighting the growing demand for renewable electricity in California.
Toshiba will equip Unit 2 of the Patuha Geothermal Plant in Indonesia, adding 60 MW to strengthen the country’s energy capacity and support its ambitious climate goals.
