Reliance Industries reported a 9.67% increase in net profit in the second quarter of fiscal year 2025–2026, driven by recovering petrochemical margins and continued growth in its retail and telecom operations.
Tokyo Electric Power Company Holdings is examining the permanent closure of units 1 and 2 at the Kashiwazaki-Kariwa nuclear power plant, the oldest at the site, while continuing efforts to restart unit 6.
Vermont’s energy regulator authorises final review of a 2.2 MW project led by Clean Energy Technologies to convert agricultural waste into renewable electricity.
Standard Lithium a sécurisé $130mn via une émission d’actions ordinaires pour financer ses projets d’extraction de lithium en Arkansas et au Texas, consolidant sa position sur le marché nord-américain des métaux stratégiques.
Ameresco has completed a 50 MW battery storage system to support Nucor’s expansion in Arizona, marking one of the largest behind-the-meter industrial projects in the United States.
An operational fire was contained at the largest refinery in the US Midwest, causing a temporary shutdown of several processing units, according to industry data.
AEP Transmission will finance the upgrade of high-voltage lines across five states through a federal loan, aiming to meet a sharp rise in industrial electricity demand.
Ottawa and London increased bilateral exchanges to structure strategic cooperation on nuclear energy and critical minerals supply chains, as part of Canada’s G7 presidency.
Former German Chancellor Gerhard Schröder supported the Nord Stream 2 pipeline before an inquiry, dismissing criticism over his role and Russian funding linked to the project.
Voltalia has entered a strategic partnership with IFC to develop tailored renewable energy projects for the mining sector across several African countries.
The formal expiration of the 2015 nuclear deal with Iran comes as international sanctions have already been reinstated and diplomatic negotiations remain stalled.
Liberty Energy warns about the impact of import duties on drilling and power equipment, pointing to a potential obstacle to federal goals related to artificial intelligence and energy independence.
The European Commission imposes new rules requiring proof of refined crude origin and excludes the use of mass-balancing to circumvent the Russian oil ban.
The Dutch Supreme Court has rejected Russia's final appeal, confirming a record $50bn compensation to former Yukos shareholders, ending two decades of legal battle.
A ruling by Namibia's High Court upheld the media regulator’s decision that the state broadcaster NBC failed to ensure balance in its coverage of ReconAfrica’s oil operations.
Statkraft continues its strategic shift by selling its district heating unit to Patrizia SE and Nordic Infrastructure AG for NOK3.6bn ($331mn). The deal will free up capital for hydropower, wind, solar and battery investments.
Petronas Gas restructures its operations by transferring regulated and non-regulated segments into separate subsidiaries, following government approval to improve transparency and optimise the group’s investment management.
Marubeni Corporation has formed a power trading unit in joint venture with UK-based SmartestEnergy, targeting expansion in Japan’s fast-changing deregulated market.
Exxon Mobil plans to reduce its Singapore workforce by 10% to 15% by 2027 and relocate its offices to the Jurong industrial site, as part of a strategic investment shift.
Phoenix Energy raised $54.08mn through a preferred stock offering now listed as PHXE.P on NYSE American, with an initial dividend scheduled for mid-October.
TotalEnergies plans to increase its energy production by 4% annually until 2030, while reducing global investments by $7.5bn amid what it describes as an uncertain economic environment.
Occidental Petroleum is considering selling its chemical subsidiary OxyChem for $10bn, a transaction that forms part of its deleveraging strategy launched after several major acquisitions.
ABO Energy is assessing a shift to independent power production by operating its own renewable parks, signalling a major strategic move in a market that has become more favourable.
Fortescue accelerates the decarbonisation of its operations by leveraging an international network of technology and industrial partners, targeting net zero at its mining sites by 2030.
Mexican state-owned company Pemex confirmed the partial acceptance of bond securities under its debt repurchase offer, with a total allocation of $9.9bn, following strong oversubscription.
Swiss energy company MET strengthens its footprint in Central and Southeast Europe with the full acquisition of MET Slovakia and the launch of a new operational subsidiary in Albania.
UK-based Gresham House will acquire Swiss investment manager SUSI Partners, strengthening its international footprint in energy transition infrastructure.
Spruce Power launches an internal reorganisation aimed at reducing annual operating costs by $20mn, with the closure of its Denver office and a refocus on key initiatives to strengthen profitability.
TotalEnergies’ Board of Directors is adjusting its shareholder return strategy while consolidating its multi-energy growth and employee shareholding plan amid an uncertain energy and geopolitical landscape.
Fermi America has signed two letters of intent with Siemens Energy to supply an additional 1.1 GW of gas turbines and collaborate on nuclear steam turbines as part of its 11 GW private energy campus dedicated to artificial intelligence.
Aker becomes one of Nscale’s largest shareholders following a $1.1bn funding round, reinforcing its exposure to large-scale artificial intelligence infrastructure.
TenneT Holding has reached an agreement with APG, GIC and NBIM to finance the expansion of the German high-voltage grid, securing its capital needs for the coming years.
Iberdrola plans to invest EUR58bn ($61.83bn) by 2028, targeting a net profit of EUR7.6bn ($8.10bn), focusing on power grids and key markets such as the United Kingdom and the United States.
Envision Energy strengthens its commercial strategy in Australia through a new agreement with ANZ to finance energy projects and develop local supply chains in renewables.
Thermal Energy International posted record revenue for fiscal 2025 despite a quarterly decline, supported by a strong recovery in orders at the start of fiscal 2026.
