Schroders

French nuclear group Orano has confirmed the release of its representative in Niger, detained since May, as tensions remain high with the country’s junta over control of uranium assets.
A pilot project backed by the state aims to modernise electricity transport between offshore wind farms and the mainland grid using superconducting cables cooled with liquid nitrogen.

Vestas boosts quarterly profit and announces €150mn share buyback

The Danish wind turbine manufacturer doubled its net profit in the third quarter despite complex market conditions, supported by increased onshore deliveries and order growth.
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EDF launches a sovereign digital platform to secure data exchanges between nuclear stakeholders, aiming to accelerate the construction of future EPR2 reactors.
An international group of researchers now forecasts a Chinese emissions peak by 2028, despite recent signs of decline, increasing uncertainty over the country’s energy transition pace.

Electricity price surge in Syria deepens social and economic crisis

The end of subsidies and a dramatic rise in electricity prices in Syria are worsening poverty and fuelling public discontent, as the country begins reconstruction after more than a decade of war.
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Engie maintains its 2025 earnings guidance despite falling energy prices and weaker hydro output, relying on its performance plan and a stronger expected fourth quarter.
Transition Industries signed a long-term purchase agreement with Mitsubishi Gas Chemical for the annual supply of 1mn tonnes of ultra-low carbon methanol starting in 2029, from its Pacifico Mexinol project in Mexico.

BridgePeak grants $144mn loan for 112.5MW solar farm in North Carolina

Developer Headwater Energy secured $144mn in financing arranged by BridgePeak Energy Capital to build a 112.5MW solar plant, expanding its portfolio in the southeastern United States.
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The funding round led by Trident Ridge and Pelion Ventures will allow Creekstone Energy to launch construction of its hybrid-generation site designed for AI-optimised data centres.
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.

Pembina and PETRONAS sign 20-year agreement for Cedar LNG liquefaction capacity

Pembina Pipeline Corporation and PETRONAS have signed a long-term agreement securing 1 million tonnes per year of liquefaction capacity at Canada's Cedar LNG terminal, reinforcing their positions in the global liquefied natural gas market.
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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.
NG Energy boosts its gas production in Colombia to 40 MMcf/d, with projected sales above $11.00 per MMBtu and expected profitability in Q4 2025.

Thermal Energy secures CAD1.5mn in industrial heat recovery contracts

Thermal Energy International has won two new turnkey projects worth a total of CAD1.5mn ($1.09mn) from a global nutrition group, strengthening a collaboration initiated in 2019.
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Plus Power secured $160mn in tax equity investments from Morgan Stanley to fund two battery storage facilities in Massachusetts and Maine, the largest ever developed in New England.
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.

Nel ASA secures over $50mn PEM order for two hydrogen projects in Norway

Norwegian group Nel ASA has received a firm order worth over $50mn to supply its PEM electrolysers for two green hydrogen production units in Florø and Eigersund.
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Chinese manufacturer Pylontech strengthens its international investment strategy by launching a local entity in Australia to accelerate the deployment of its energy storage solutions.
Canadian producer Saturn Oil & Gas exceeded its production forecast in the third quarter of 2025, driven by a targeted investment strategy, debt reduction and a disciplined shareholder return policy.
The French group will supply carbon steel pipelines to TechnipFMC for the offshore Orca project, strengthening its strategic position in the Brazilian market.
The American oil major saw its revenue decline in the third quarter, affected by lower crude prices and refining margins, despite record volumes in Guyana and the Permian Basin.

Gabon signs deepwater oil exploration deals with BP and ExxonMobil

Gabon strengthens its oil ambitions by partnering with BP and ExxonMobil to relaunch deep offshore exploration, as nearly 70% of its subsea domain remains unexplored.
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Sofia temporarily restricts diesel and jet fuel exports to safeguard domestic supply following US sanctions targeting Lukoil, the country’s leading oil operator.
Swiss trader Gunvor will acquire Lukoil’s African stakes as the Russian company retreats in response to new US sanctions targeting its overseas operations.

Amapá hosts strategic oil complex with Petrobras and Transpetro

An agreement between Transpetro, Petrobras and the government of Amapá provides for the construction of an industrial complex dedicated to oil and gas, consolidating the state's strategic position on the Equatorial Margin.
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The US company reported adjusted earnings of $1.02bn between July and September, supported by the refining and chemicals segments despite a drop in net income due to exceptional charges.
The Spanish oil group reported a net profit of €1.18bn over the first nine months of 2025, hit by unstable markets, falling oil prices and a merger that increased its debt.

Shell posts higher quarterly profit and launches $3.5bn share buyback

The British group’s net profit rose 24% in Q3 to $5.32bn, supporting a new share repurchase programme despite continued pressure on crude prices.
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Third-quarter results show strong resilience from European majors, supported by improved margins, increased production and extended share buyback programmes.
Driven by industrial demand and production innovations, the global petrochemicals market is projected to grow by 5.5% annually until 2034, reaching a valuation of $794 billion.

CNOOC records 6.7% production increase over nine months despite Brent price decline

CNOOC Limited announced continued growth in oil and gas production, reaching 578.3 million barrels of oil equivalent, while maintaining cost control despite a 14.6% drop in Brent prices.
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Oil sands production in Canada continued to grow in 2024, but absolute greenhouse gas emissions increased by less than 1%, according to new industry data.
Argentina seeks to overturn a U.S. court ruling ordering it to pay $16.1bn to two YPF shareholders after the 2012 partial expropriation of the oil group.

Washington temporarily authorises operations linked to Rosneft’s German assets

The United States has issued a general license allowing transactions with two German subsidiaries of Rosneft, giving Berlin until April 2026 to resolve their ownership status.
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An independent report estimates 13.03 billion barrels of potential oil resources in Greenland’s Jameson Land Basin, placing the site among the largest undeveloped fields globally.
Impacted by falling oil prices and weak fuel sales, Sinopec reports a sharp decline in profitability over the first three quarters, with a strategic shift toward higher-margin products.

Citizen Energy launches $20mn drilling fund targeting the Anadarko Basin

Citizen Energy Ventures enters the private placement market with a $20mn fund to develop eight wells in the Cherokee Formation of Oklahoma’s historic Anadarko Basin.
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US crude stocks dropped by 6.9 million barrels, defying forecasts, amid a sharp decline in imports and a weekly statistical adjustment by the Energy Information Administration.
Lukoil has started divesting its foreign assets following new US oil sanctions, a move that could reshape its overseas presence and impact supply in key European markets.