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The United States Raises Tariffs Against Colombia on Energy and Metals
The United States announces a tariff increase beyond the 10% base rate targeting several Colombian products. Bogotá has recalled its ambassador. The detailed list of tariff lines has not yet been published, while Colombia’s ban on coal exports to Israel remains in effect.
Bolivia: Paz prepares energy overhaul, lithium and gas transit reforms
The president-elect outlines a pro-market agenda: gradual reform of fuel subsidies, review of Yacimientos de Litio Bolivianos (YLB) lithium contracts, and monetization of gas transit between Argentina and Brazil, prioritizing supply stabilization.

France: MPs block tax hike on biofuels in committee

MPs rejected in the Finance Committee the removal of tax benefits on B100 and Superethanol-E85 proposed in the 2026 budget bill, deferring the measure to the plenary debate.
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Oxford Energy Institute forecasts +120 bcm in global gas demand at $6/MMBtu by 2035
According to the Oxford Institute for Energy Studies, a stable gas price of $6/MMBtu would boost global demand by 60 billion m³ in the short term and 120 billion m³ by 2035, mainly driven by Asia.
Senegal signs strategic agreement with two Canadian geo-energy companies
A three-year partnership has been signed between Senegal and two Quebec-based companies to develop the country’s geoscientific capacity and structure its energy sector through technological innovation.

VoltaGrid and Halliburton join forces to deliver distributed power to data centres

VoltaGrid and Halliburton launch a strategic collaboration to deploy distributed power systems for data centres, with an initial rollout planned in the Middle East.
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South Africa commits $127.5bn to transform its national energy policy
The South African government plans 105,000 MW of additional capacity by 2039 to redefine its energy mix, support industrialisation, and strengthen supply security.
Karachaganak cuts production after drone strike on Russian gas facility
Kazakhstan’s Karachaganak gas field has reduced output by nearly one-third following an incident at a key Russian gas processing plant targeted by a Ukrainian drone strike.

Kinetiko confirms record flow rates at its LNG pilot project in South Africa

Kinetiko Energy reports production levels above economic thresholds at two Mpumalanga wells, strengthening the technical viability and development potential of its liquefied natural gas project.
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Kuwait signs $489mn deal with Kuzu for wastewater treatment plant
Kuwait’s Ministry of Public Works has signed an agreement with Turkish company Kuzu to build a wastewater treatment plant for the upcoming Al Mutlaa city in the north of the country.
Russia delivers 105,000 tons of crude to new Kulevi refinery
Russian company Russneft has shipped its first oil cargo to Georgia’s newly launched Kulevi refinery, despite the absence of formal diplomatic ties between Moscow and Tbilisi.

JERA Nex BP exits Beacon Wind project amid US market uncertainty

The joint venture between BP and JERA ends its offshore wind ambitions in the United States, citing an unfavourable economic and regulatory environment for continuing the development of the Beacon Wind project.
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Japan accelerates electricity futures with large-scale reform plan
Japan's power futures market is poised for rapid expansion, backed by a government reform requiring supply contracts up to three years in advance.
SMFL Mirai Partners to acquire 5MW of low-voltage solar from GreenEnergy Plus by 2026
SMFL Mirai Partners commits to purchasing fifty low-voltage solar plants from GreenEnergy Plus, targeting 50MW installed capacity by fiscal 2030 to strengthen its supply strategy for private power purchase agreements.

Gushine opens $100 mn lithium battery plant in Hai Phong

Gushine Electronics has opened a lithium battery plant in Vietnam, with an estimated annual production value of $100 mn, marking a new phase in the international deployment of its industrial capacities.
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Anugrah Neo Energy targets $300mn IPO to expand battery-grade nickel output
Indonesian nickel producer Anugrah Neo Energy Materials plans a $300mn IPO in December to finance its growing battery materials operations.
NEO signs $2.5M CAD contract for lithium-silicon batteries with South Korean robotics group
NEO Battery Materials will supply high energy density batteries to a South Korean industrial robotics company under a $2.5M CAD order and joint development agreement over two years.

New Stratus enters Brazil with 32.5% oil deal on two blocks

New Stratus Energy has signed a definitive agreement with Vultur Oil to acquire up to 32.5% interest in two onshore oil blocks located in the State of Bahia, Brazil, with an initial investment of $10mn.
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National Fuel acquires CenterPoint’s Ohio gas assets for $2.62bn
National Fuel Gas Company acquires CenterPoint Energy’s natural gas distribution business in Ohio, doubling the size of its regulated portfolio and expanding its footprint in the US Midwest.
Clearview completes sale to listed company for $1.84 per share
Clearview Resources has completed the sale of all its shares to a listed oil company, exiting Canadian financial markets following shareholder and court approval.
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New Stratus enters Brazil with 32.5% oil deal on two blocks
NEO signs $2.5M CAD contract for lithium-silicon batteries with South Korean robotics group
Japan accelerates electricity futures with large-scale reform plan
South Africa commits $127.5bn to transform its national energy policy
France: MPs block tax hike on biofuels in committee
RWE activates 83 megawatts of wind and solar capacity in France
German group RWE has commissioned five new power plants in France, adding 83 MW to its portfolio, following repeated successes in tenders organised by the Energy Regulatory Commission.
European Union delays climate commitments amid political tensions
The European Union postpones the launch of negotiations on its 2040 climate target amid internal deadlocks and mounting geopolitical pressure.

Ecoplanta: Repsol’s Project Reaches Key Milestone for Methanol Production from Waste

Repsol has approved the final investment decision for the Ecoplanta project in Spain. This innovative project, utilizing Enerkem's technology, aims to convert non-recyclable municipal waste into methanol, marking a step towards industrial decarbonization.
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France Publishes Offshore Wind Deployment Map by 2035 and 2050
The French government unveils its strategy to increase offshore wind capacity, targeting 18 GW by 2035 and 45 GW by 2050, through an ambitious call for tenders covering all maritime fronts.
Economics of Shale Projects: Rising Costs of Oil Production
The continued increase in development costs of upstream oil projects is testing the economic viability of new oil production. A recent study by Rystad Energy reveals an increase in breakeven costs, while still remaining below current oil prices.

Avjet Holding fined 200,000 dollars for oil spill in Quebec

Avjet Holding Inc. was fined 200,000 dollars by the Quebec Court for violating the Canadian Environmental Protection Act following a spill of 4,900 liters of petroleum product in January 2023.
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TotalEnergies Invests USD 10.5 Billion in Suriname’s First Offshore Oil Project
TotalEnergies, in partnership with APA Corporation, has confirmed a USD 10.5 billion investment to develop Block 58 off the coast of Suriname. The project aims to exploit the oil resources from the Sapakara and Krabdagu fields, with reserves estimated at over 750 million barrels. The fields, located 150 kilometers offshore, will be developed using a Floating Production Storage and Offloading (FPSO) unit capable of processing up to 220,000 barrels per day.
OPEC cuts demand forecasts in the face of rising rival production
OPEC is revising its oil demand forecasts for 2024 and 2025 downwards, due to weak economic growth and increased supply from its competitors.

Chaberton Energy starts 2.9 MW solar project in Howard County

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Uganda: 21 activists arrested during a march against the EACOP project
In Uganda, 21 activists were arrested in Kampala for protesting against the EACOP oil project, backed by international players, highlighting the economic and geopolitical tensions surrounding this initiative.
Georgia launches its first refinery to secure its energy supply
Georgia begins construction of its first oil refinery at Kulevi, with the aim of reducing its dependence on Russian imports and strengthening its energy autonomy.

Masdar and TotalEnergies launch green hydrogen SAF project

Masdar and TotalEnergies are collaborating to transform green hydrogen into methanol and sustainable aviation fuel (SAF) in Abu Dhabi, aiming to decarbonize the aviation and shipping sectors.
SAF tanker
Zambia turns to South Africa and Zimbabwe for electricity
Zambia will import 200 MW of electricity from South Africa and Zimbabwe to compensate for severe power cuts caused by prolonged drought.
EDF inaugurates CEME 1, Chile’s largest solar power plant
EDF and Generadora Metropolitana launch CEME 1, a 480 MW solar power plant in the Atacama desert, to supply 500,000 homes.
Centrale solaire CEME 1

Pipeline rupture: South Sudan faces major economic crisis

South Sudan is facing a severe economic crisis following the rupture of a pipeline crucial to its oil exports. This situation accentuates inflation and plunges the population into growing insecurity.
Crise économique Soudan du Sud
European Energy secures 500MW of grid connections in Romania
European Energy obtains approval for 500 MW of wind and solar projects in Romania, taking a key step towards their realization.
Connexions réseau projets renouvelables Roumanie
United Kingdom: British General Election 2024
The 2024 UK general election pits the Labour Party and Conservative Party against each other with distinct energy visions focused on renewables and decarbonization strategies.
Élections UK 2024 énergie

France: Marine Energies create 8,300 jobs and increase sales by 2023

By 2023, marine renewable energies, dominated by offshore wind power, had generated over 8,300 jobs and doubled their sales, with strong growth in exports.
Croissance énergies marines renouvelables France
Ecuador: 11% increase in petrol prices triggers strong reactions
Ecuador is facing an almost 11% increase in the price of gasoline, a decision likely to provoke further protests in a country where fuel subsidies are a highly sensitive issue.
Fuel price increase Ecuador
Russia Exceeds OPEC+ Oil Production Quotas in May
In May, Russia exceeded OPEC+ production quotas, but is committed to meeting its obligations by September 2025.
Russie quotas production pétrole OPEC+