Investor Jordan A. Oxley has acquired the Slatina-3 geothermal asset for €400k after Cindrigo’s bankruptcy, betting on a technical and regulatory revival within Croatia’s complex permitting framework.
Serbia's only refinery, operated by NIS, has suspended production due to a shortage of crude oil, a direct consequence of US sanctions imposed on its majority Russian shareholder.
The United Kingdom and TAE Technologies create a joint venture in Culham to produce neutral beams, a key component of fusion, with strategic backing from Google.
Recurrent Energy has received authorisation to develop Tillbridge, a hybrid 1.3 GW solar and battery project in England, strengthening its expansion strategy in the UK market.
McDonald’s UK commits to purchasing all electricity from the Douglas West Extension Wind Farm, a 66 MW project developed by Capital Dynamics in Scotland, under a long-term agreement managed by ENGIE.
Axess Group has signed a memorandum of understanding with ARO Drilling to deliver asset integrity management services across its fleet, integrating digital technologies to optimise operations.
Saudi Aramco has launched production at the unconventional Jafurah gas field, initiating an investment plan exceeding $100bn to substitute domestic crude and increase exportable flows under OPEC+ constraints.
Le Koweït a publié une demande de propositions pour la construction d'une centrale solaire de 500 MW, dont l’électricité sera injectée dans le réseau national sur la base d’un contrat de rachat de 30 ans.
The International Geothermal Standard Committee was launched in Beijing with a permanent secretariat established at Sinopec, marking a major step toward harmonising global geothermal industry standards.
Mori Building has completed three solar-plus-storage plants in Japan to supply its real estate assets through an intra-group partnership structured by TEPCO Energy Partner.
Húsavík Energy launches a drilling campaign to secure its geothermal resource following the shutdown of its main industrial client, aiming to diversify its energy offers and strengthen the appeal of the Bakki site.
Japanese grid operator OCCTO allocated 75.4MWAC in its third solar auction for FY2025, with an average feed-in-premium price of 7.13 yen per kWh, marking a session that fell short of initial subscription targets.
Octillion has fully converted its electric vehicle battery production facility in Pune to solar power, initiating the rollout of an energy strategy aimed at achieving energy autonomy for all its India-based operations by 2027.
Westbridge Renewable Energy has secured final regulatory approval in Alberta for its Dolcy Solar project, marking the last step before construction can begin.
Texas-based developer Natura Resources receives new federal funding to test key components of its 100-megawatt modular reactor in partnership with Oak Ridge National Laboratory.
By mobilising long-term contracts with BP and new infrastructure, PLN is driving Indonesia’s shift toward prioritising domestic LNG use, at the centre of a state-backed investment programme supported by international lenders.
Solar with batteries becomes a bankability lever in three key ASEAN markets, where the focus shifts from cost reduction to the monetisation of energy flexibility.
Faced with falling oil production, Pemex is expanding local refining through Olmeca, aiming to reduce fuel imports and optimise its industrial capacity under fiscal pressure.
TotalEnergies has finalised the sale of its 12.5% stake in Nigeria’s offshore Bonga oilfield for $510mn, boosting Shell and Eni’s positions in the strategic deepwater production site.
Serbia is preparing a budget law amendment to enable the takeover of NIS, a refinery under US sanctions and owned by Russian groups, to avoid an imminent energy shutdown.
Nigeria’s Dangote refinery selects US-based Honeywell to supply technology that will double its crude processing capacity and expand its petrochemical output.
Iraq secures production by bypassing US sanctions through local payments, energy-for-energy swaps, and targeted suspension of financial flows to Lukoil to protect West Qurna-2 exports.
Restarting Olympic Pipeline’s 16-inch line does not restore full supply to Oregon and Seattle-Tacoma airport, both still exposed to logistical risks and regional price tensions.
Faced with tightened sanctions from the United States and European Union, Indian refiners are drastically reducing their purchases of Russian crude from December, according to industry sources.
Glencore's attributable production in Cameroon dropped by 31% over nine months, adding pressure on public revenues as Yaoundé revises its oil and budget forecasts amid field maturity and targeted investment shifts.
The profitability of speculative positioning strategies on Brent is declining, while contrarian approaches targeting extreme sentiment levels are proving more effective, marking a significant regime shift in oil trading.
Alaska is set to record its highest oil production increase in 40 years, driven by two key projects that extend the operational life of the TAPS pipeline and reinforce the United States' strategic presence in the Arctic.
TotalEnergies and Chevron are seeking to acquire a 40% stake in the Mopane oil field in Namibia, owned by Galp, as part of a strategy to secure new resources in a high-potential offshore basin.
The reduction of Rosneft’s stake in Kurdistan Pipeline Company shifts control of the main Kurdish oil pipeline and recalibrates the balance between US sanctions, export financing and regional crude governance.
Russian group Lukoil seeks to sell its assets in Bulgaria after the state placed its refinery under special administration, amid heightened US sanctions against the Russian oil industry.
US authorities will hold a large offshore oil block sale in the Gulf of America in March, covering nearly 80 million acres under favourable fiscal terms.
Sonatrach awarded Chinese company Sinopec a contract to build a new hydrotreatment unit in Arzew, aimed at significantly increasing the country's gasoline production.
The American major could take over part of Lukoil’s non-Russian portfolio, under strict oversight from the U.S. administration, following the collapse of a deal with Swiss trader Gunvor.
Finnish fuel distributor Teboil, owned by Russian group Lukoil, will gradually cease operations as fuel stocks run out, following economic sanctions imposed by the United States.
ExxonMobil will shut down its Fife chemical site in February 2026, citing high costs, weak demand and a UK regulatory environment unfavourable to industrial investment.
