Renewable IPP

The Indian government proposes a unified legal framework for nuclear energy, aiming to boost private investment and increase installed capacity to 100 GW by 2047.
Chevron Australia awards Subsea7 a major contract for subsea installation on the Gorgon Stage 3 project, with offshore operations scheduled for 2028 at 1,350 metres depth.

Alpine Power Systems acquires Chicago Industrial Battery to strengthen PowerMAX offering

Alpine Power Systems announces the acquisition of Chicago Industrial Battery to expand its regional presence and support the growth of its PowerMAX line of used and rental batteries and chargers.
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Shell Offshore approves a strategic investment to extend the life of the Kaikias field through a waterflood operation, with first injection planned for 2028 from the Ursa platform.
Ovintiv has entered into an agreement with Pembina Pipeline Corporation to secure 0.5 million tonnes per annum of LNG liquefaction capacity over 12 years, strengthening its export outlook to Asian markets.

US crude falls below $55 per barrel, lowest level since 2021

Oil prices drop amid progress in Ukraine talks and expectations of oversupply, pushing West Texas Intermediate below $55 for the first time in nearly five years.
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JX Advanced Metals has sold its share in the Quechua project in Peru to Glencore, confirming its withdrawal from mining operations in favour of materials used in semiconductors and electronic infrastructure.
TotalEnergies will supply Google with 1TWh of renewable electricity from a 20MW solar plant in Malaysia under a 21-year power purchase agreement.

TotalEnergies sells 9.998% stake in Malaysia’s SK408 block to PTTEP

TotalEnergies has completed the sale of a minority stake in a Malaysian offshore gas block to PTTEP, while retaining its operator role and a majority share.
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German manufacturer Nordex has secured an order for 34 turbines for a 200 MW project in the Canadian province of New Brunswick, marking its first entry into this region.
Enviromena secured approval for its Fillongley solar farm after a local council’s refusal was overturned, despite conflicts of interest tied to public funds used to oppose the project.

OX2 launches construction of 277 MW onshore wind farms in Finland

OX2 has started construction on three new onshore wind farms in Finland, bringing its total installed capacity in the country to 750 MW, a record level for a private energy sector player.
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Samsung C&T strengthens its presence in modular nuclear energy in Europe by signing an agreement with Synthos Green Energy to develop up to 24 SMRs in Poland and several Central European countries.
Driven by Southeast Asia, the global share of electric vehicles exceeds 25% of new car sales in 2025, with emerging countries now leading global markets, according to Ember and other sector sources.

Wood Mackenzie: the global solar inverter market to decline through 2026

According to Wood Mackenzie, the global solar inverter market will face two consecutive years of contraction after record shipments in 2024, driven by regulatory tensions in China, Europe and the United States.
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HASI and KKR strengthen their strategic partnership with an additional $1bn allocation to CarbonCount Holdings 1, bringing the vehicle’s total investment capacity to nearly $5bn.
Akuo launches a large-scale electricity storage project in Boulouparis, with a 200 MWh capacity, to support New Caledonia’s grid stability and reinforce the integration of renewable energies.

Brussels eases methane stance to secure gas imports

The European Union will apply its methane emissions rules more flexibly to secure liquefied natural gas supplies from 2027.
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Venezuela has ended all energy cooperation with Trinidad and Tobago after the seizure of an oil tanker carrying crude by the United States, accusing the archipelago of participating in the military operation in the Caribbean.
EDF is considering selling some of its subsidiaries, including Edison and its renewables activities in the United States, to strengthen its financial capacity as a €5bn ($5.43bn) savings plan is underway.
Northern Oil and Gas and Infinity Natural Resources invest $1.2bn to acquire Utica gas and infrastructure assets in Ohio, strengthening NOG’s gas profile through vertical integration and high growth potential.
China has received its first liquefied natural gas shipment from Russia’s Portovaya facility, despite growing international sanctions targeting Russian energy exports.

Brazil’s free gas market reaches 13.3 Mcmd with unprecedented industrial shift

Brazil’s natural gas market liberalisation has led to the migration of 13.3 million cubic metres per day, dominated by the ceramics and steel sectors, disrupting the national competitive balance.
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Sasol has launched a new gas processing facility in Mozambique to secure fuel supply for the Temane thermal power plant and support the national power grid’s expansion.
With the addition of Nguya FLNG to Tango, Eni secures 3 mtpa of capacity in Congo, locking in non-Russian volumes for Italy and positioning Brazzaville within the ranks of visible African LNG exporters.

JERA signs 10-year LNG supply deal with Torrent Power

Japan’s JERA has signed a liquefied natural gas supply contract with India’s Torrent Power for four cargoes annually from 2027, marking a shift in its LNG portfolio toward South Asia.
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The merger of TotalEnergies and Repsol’s UK assets into NEO NEXT+ creates a 250,000 barrels of oil equivalent per day operator, repositioning the majors in response to the UK’s fiscal regime and basin decline.
Climate requirements imposed by the European due diligence directive are complicating trade relations between the European Union and Qatar, jeopardising long-term gas supply as the global LNG market undergoes major shifts.

Colombia: electrification could avoid $190mn in gas imports by 2030

A report forecasts that improved industrial energy efficiency and residential electrification could significantly reduce Colombia’s need for imported gas by 2030.
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Falling rig counts and surging natural gas demand are reshaping the Lower 48 energy landscape, fuelling a rebound in gas-focused mergers and acquisitions.
The Nigerian government has approved a payment of NGN185bn ($128 million) to settle debts owed to gas producers, aiming to secure electricity supply and attract new investments in the energy sector.

Riley Permian sells New Mexico gas project for $111 million

Riley Exploration Permian has finalised the sale of its Dovetail Midstream entity to Targa Northern Delaware for $111 million, with an additional conditional payment of up to $60 million. The deal also includes a future transfer of equipment for $10 million.
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Stanwell has secured an exclusive agreement with Quinbrook for the development of the Gladstone SDA Energy Hub, combining gas turbines and long-duration battery storage to support Queensland’s electricity grid stability.
The growth of US liquefied natural gas exports could slow if rising domestic costs continue to squeeze margins, as new volumes hit an already saturated global market.

Turkmenistan seeks to expand gas export routes beyond China

Turkmenistan is leveraging the Global Gas Centre to build commercial links in Europe and South Asia, as it responds to its current dependence on China and a shifting post-Russian gas market.
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The Marmara Ereğlisi liquefied natural gas (LNG) terminal operated by BOTAŞ is increasing its regasification capacity, consolidating Türkiye’s role as a regional player in gas redistribution toward the Balkans and Southeast Europe.
Budapest contests the European agreement to ban Russian natural gas imports by 2027, claiming the measure is incompatible with its economic interests and the European Union's founding treaties.

Europe enacts the end of Russian gas and enforces a total reshaping of its gas market

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.
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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.
A new regulation requires gas companies to declare the origin, volume and duration of their contracts, as the EU prepares to end Russian imports.