Statevolt

Entech and Primeo Energie create Primtech Batteries to develop battery electricity storage projects in France and the European Union, targeting 100 MW installed by 2029.
Beev was selected by Carrefour Énergies to develop and operate an EV charging station installation service for private and professional customers in France.

Flamanville 3 reaches 80% power output ahead of extended 2026 shutdown

EDF confirmed that the Flamanville EPR has reached a major milestone, while planning a nearly year-long shutdown in 2026 for extensive regulatory inspections and key component replacement.
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EDF is opening access to its long-term nuclear supply contracts to companies consuming more than 7 GWh per year, an adjustment driven by the gradual end of the Arenh mechanism.
Under political pressure, Ademe faces proposals for its elimination. Its president reiterates the agency’s role and justifies the management of the €3.4bn operated in 2024.

Ethiopia accelerates geothermal projects to reduce reliance on diesel

Ethiopia is implementing an ambitious plan to develop geothermal energy and stabilise its electricity supply, with multiple projects underway in the Great Rift Valley and increasing support from international partners.
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Sattel International receives a licence to develop a six MWp solar power plant with storage in Luozi, a project aimed at strengthening electricity supply and supporting economic activities in this area of Kongo-Central.
Japan plans to increase its carbon capture, utilisation and storage capacity thirtyfold by 2035, but reliance on cross-border infrastructure may delay the government’s targets.

Solar and wind growth absorbs all global electricity demand increase

Solar and wind generation exceeded the increase in global electricity demand in the first three quarters of 2025, leading to a stagnation in fossil fuel production according to the latest available data.
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South African developer Sturdee Energy has secured funding to begin construction of the 91.2 MW Bela Bela solar plant in Limpopo Province, set to supply power to a major industrial site.
ReNew Energy Global will commit INR820bn ($9.33bn) to solar, hydro and green ammonia projects in Andhra Pradesh, strengthening its footprint in southern India’s energy infrastructure.

South Korea extends operation of Kori 2 nuclear reactor until 2033

South Korean authorities have approved the continued operation of the Kori 2 reactor for an additional eight years, marking a key milestone in the national nuclear strategy.
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Cenovus Energy has completed the acquisition of MEG Energy, adding 110,000 barrels per day of production and strengthening its position in Canadian oil sands.
The Malaysian government plans to introduce a carbon tax and strengthen regional partnerships to stabilise its industry amid emerging international regulations.

Caprock Midstream expands Texas gas network and appoints Steve Jones as CEO

Caprock Midstream II invests in more than 90 miles of gas pipelines in Texas and strengthens its leadership with the arrival of Steve Jones, supporting its expansion in the dry gas sector.
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The Canadian government commits $56 billion to a new wave of infrastructure projects aimed at expanding energy corridors, accelerating critical mineral extraction and reinforcing strategic capacity.
A public-private consortium is developing a 5 MW thermal microreactor designed to operate without refuelling for ten years, marking a strategic step in Brazil's nuclear innovation efforts.

NineDot Energy and Solar One launch education programme on energy storage in New York

Three New York public high schools are introducing a new energy storage module this year, through a partnership between NineDot Energy and Solar One aimed at preparing students for careers in distributed energy.
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Harvest Midstream has completed the acquisition of the Kenai liquefied natural gas terminal, a strategic move to repurpose existing infrastructure and support energy reliability in Southcentral Alaska.
US-based mPower has opened a high-throughput factory for solar modules targeting space missions, with an initial capacity of 1 MW per year, set to double by mid-2026.
Norwegian firm DNO increases its stake in the developing Verdande field by offloading non-core assets to Aker BP in a cash-free transaction.
TAG Oil extends the BED-1 evaluation period until October 2028, committing to drill two new wells before deciding on full-scale development of the Abu Roash F reservoir.

Expro deploys its ELITE Composition™ service on offshore well in Cyprus

Expro delivered its new on-site fluid analysis service for a major oil operator in Cyprus, cutting turnaround times from several months to just hours during an exploration drilling campaign in the Eastern Mediterranean.
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Sinopec finalised supply agreements worth $40.9bn with 34 foreign companies at the 2025 China International Import Expo, reinforcing its position in the global petroleum and chemical trade.
Commodities trader Gunvor confirmed that the assets acquired from Lukoil will not return under Russian control, despite potential sanction relief, amid growing regulatory pressure.

Esso France shareholders approve sale to North Atlantic and €774mn dividend

Esso France shareholders, mostly controlled by ExxonMobil, approved the sale to Canadian group North Atlantic and a €774mn special dividend set for payment on 12 November.
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Marathon Petroleum missed its adjusted profit forecast for Q3 due to a significant rise in maintenance costs, despite stronger refining margins, sending its shares down more than 7% in pre-market trading.
TotalEnergies anticipates a continued increase in global oil demand until 2040, followed by a gradual decline, due to political challenges and energy security concerns slowing efforts to cut emissions.

Western sanctions disrupt Lukoil’s international operations

Sanctions imposed by the U.S. and the U.K. are paralyzing Lukoil's operations in Iraq, Finland, and Switzerland, putting its foreign businesses and local partners at risk.
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Texas-based Sunoco has completed the acquisition of Canadian company Parkland Corporation, paving the way for a New York Stock Exchange listing through SunocoCorp starting November 6.
BP sells non-controlling stakes in its Permian and Eagle Ford midstream infrastructure to Sixth Street for $1.5 billion while retaining operational control.

Shell secures exclusive negotiation rights on three offshore oil blocks in Angola

Angola enters exclusive negotiations with Shell for the development of offshore blocks 19, 34, and 35, a strategic initiative aimed at stabilizing its oil production around one million barrels per day.
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Faced with declining production, Chad is betting on an ambitious strategy to double its oil output by 2030, relying on public investments in infrastructure and sector governance.
The SANAD drilling joint venture will resume operations with two suspended rigs, expected to restart in March and June 2026, with contract extensions equal to the suspension period.

Dragon Oil and PETRONAS Forge Strategic Oil Exploration Agreement

Dragon Oil, a subsidiary of Emirates National Oil Company, partners with PETRONAS to enhance technical and commercial cooperation in oil and gas exploration and production.
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Canadian Natural Resources has finalized a strategic asset swap with Shell, gaining 100% ownership of the Albian mines and enhancing its capabilities in oil sands without any cash payment.
Canadian producer Imperial posted net income of CAD539mn in the third quarter, down year-on-year, impacted by exceptional charges despite record production and higher cash flows.

Chevron outperforms despite 21% drop in quarterly profit

The US oil giant beat market forecasts in the third quarter, despite declining results and a context marked by falling hydrocarbon prices.
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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.