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Natura Resources accelerates molten salt reactor development with DOE support
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.
Sunman secures AUD171 mn to launch 500 MW solar factory in Australia
Chinese firm Sunman will build Australia’s largest solar module plant in the Hunter Valley, backed by AUD171 mn ($111.92 mn) in public funding.

PLN secures 103 LNG cargoes for 2026 as Indonesia anchors its supply strategy

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.
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Indonesia, Viet Nam and the Philippines integrate storage to secure solar PPAs
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.
Power outages in the United States reach record 11 hours per customer in 2024
Hurricanes Beryl, Helene and Milton accounted for 80% of electricity outages recorded in 2024, marking a ten-year high according to federal data.

TotalEnergies and Japanese groups launch 250 MW e-gas project in Nebraska

TotalEnergies, TES and three Japanese companies will develop an industrial-scale e-gas facility in the United States, targeting 250 MW capacity and 75,000 tonnes of annual output by 2030.
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Japan set to vote on partial restart of Kashiwazaki-Kariwa nuclear plant
The Niigata regional assembly is deliberating on restarting unit 6 of the world’s largest nuclear plant, thirteen years after operations ceased following the Fukushima disaster.
Argentina signs 8-year LNG export deal with Germany
Argentinian consortium Southern Energy will supply up to two million tonnes of LNG per year to Germany’s Sefe, marking the first South American alliance for the European importer.

Oil prices rise amid tensions between Washington and Caracas

Crude prices increased, driven by rising tensions between the United States and Venezuela and drone attacks targeting Russian oil infrastructure in the Black Sea.
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Global Bioenergies liquidated after failed relaunch in sustainable aviation fuel
The commercial court of Évry has ordered the judicial liquidation of Global Bioenergies, a French start-up in sustainable aviation fuel, after both takeover bids were rejected due to insufficient guarantees for employees and assets.
Belgium: Doel 2 permanently shut down after fifty years of operation
Reactor Doel 2 was taken offline, becoming the fifth Belgian reactor to cease operations under the country’s gradual nuclear phase-out policy.

Tullow Oil cuts board size and seeks to refinance $1.8 bn debt

Amid persistent financial losses, Tullow Oil restructures its governance and accelerates efforts to reduce over $1.8 billion in debt while refocusing operations on Ghana.
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Eskom forecasts $937 million profit for 2026 fiscal year
South African state utility Eskom expects a second consecutive year of profit, supported by tariff increases, lower debt levels and improved operations.
OX2 strengthens presence in Romania with 235 MW of acquired wind projects
Swedish developer OX2 acquires three onshore wind projects totalling 235 MW in Romania, pushing its portfolio beyond 1.1 GW in a rapidly growing market.

Vestas doubles production capacity in Poland to support German demand

Danish group Vestas is expanding its blade plant in Poland and creating more than 300 jobs to supply turbines to Germany, the leading onshore wind market in Europe.
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Thyssenkrupp to cut 11,000 jobs ahead of potential steel unit sale to Jindal
German steelmaker Thyssenkrupp plans to cut 11,000 jobs and reduce capacity by 25% as a condition to enable the sale of its steel division to India’s Jindal Steel.
Morecambe offshore wind project receives construction approval in the UK
The UK government has approved the development consent for the 480 MW Morecambe offshore wind farm, a project led by Copenhagen Infrastructure Partners and scheduled to enter construction in 2027.

Infinity Power launches construction of 200 MW wind farm in Egypt

Infinity Power has started work on its 200 MW wind project in Ras Ghareb, strengthening its position in the African market with technical support from China's POWERCHINA Huadong.
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Rolls-Royce SMR strengthens nuclear cooperation with ÚJV Řež in Czechia
Rolls-Royce SMR has expanded its partnership with ÚJV Řež to accelerate the deployment of small modular reactors, targeting the construction of several units in the Czech Republic and abroad.
Snam secures Africa-Europe axis with SoutH2 and Callisto backed by the EU
Snam strengthens its position in hydrogen and CO₂ infrastructure with EU-backed SoutH2 corridor and Ravenna hub, both included in the 2025 list of strategic priorities for the European Union.
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Japan set to vote on partial restart of Kashiwazaki-Kariwa nuclear plant
Indonesia, Viet Nam and the Philippines integrate storage to secure solar PPAs
AfDB grants $7.41mn to Liberia to complete hydroelectric power plant
OX2 strengthens presence in Romania with 235 MW of acquired wind projects
TotalEnergies and Japanese groups launch 250 MW e-gas project in Nebraska
Algeria signs gas deal with TotalEnergies to secure exports to Europe
Sonatrach has concluded a new partnership with TotalEnergies, including a liquefied natural gas supply contract through 2025, amid a strategic shift in energy flows towards Europe.
McDermott extends contract for Golden Pass LNG Trains 2 and 3
McDermott has signed a contract amendment with Golden Pass LNG Terminal to complete Trains 2 and 3 of the liquefied natural gas export terminal in Texas, continuing its role as lead partner on the project.

Exxon Mobil takes 40% stake in Bahia pipeline project

Exxon Mobil will acquire a 40% stake in the Bahia pipeline and co-finance its expansion to transport up to 1 million barrels per day of natural gas liquids from the Permian Basin.
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Germany boosts public investment in five LNG terminals by 2026
The German state is multiplying LNG infrastructure projects in the North Sea and the Baltic Sea to secure supplies, with five floating terminals under public supervision under development.
Aramco commits over $30 billion to new strategic deals in the United States
Aramco has signed 17 new memoranda of understanding with U.S. companies, covering LNG, advanced materials and financial services, with a potential value exceeding $30 billion.

Bratislava considers suing the European Union over Russian gas halt

The Slovak government is reviewing a potential lawsuit against the European Commission following its decision to end Russian gas deliveries by 2028, citing serious economic harm to the country.
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EU eases gas storage rules for 2025-2027 with greater flexibility
The European Union is extending its gas storage regime, keeping a legal 90% target but widening national leeway on timing and filling volumes to reduce the price pressure from mandatory obligations.
Mozambique launches audit on $4.5bn cost overrun of TotalEnergies project
The Mozambican government has initiated a review of the expenses incurred during the five-year suspension of TotalEnergies' gas project, halted due to an armed insurgency in the country’s north.

Rig count drops in the United States despite record production

The number of active drilling rigs in the continental United States continues to decline while oil and natural gas production reaches historic levels, driven by operational efficiency gains.
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Shell sells 50% of Tobermory to Ithaca to share UK fiscal risk
Shell sells a 50% stake in Tobermory West of Shetland to Ithaca Energy, while retaining operatorship, reinforcing a partnership already tested on Tornado, amid high fiscal pressure and regulatory uncertainty in the North Sea.
Novatek sells liquefied gas with 40% discount to China despite sanctions
Russian company Novatek applied major discounts on its liquefied natural gas cargoes to attract Chinese buyers, reviving sales from the Arctic LNG 2 project under Western sanctions.

Ukraine receives 100 mn m³ of US gas via Lithuania

A first vessel chartered by a Ukrainian trader delivered American liquefied gas to Lithuania, marking the opening of a new maritime supply route ahead of the winter season.
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Mozambique LNG, criminal complaint and economic recovery under judicial pressure
A German NGO has filed in France a complaint against TotalEnergies for alleged war crimes complicity around Mozambique LNG, just as the country seeks to restart this key gas project without any judicial decision yet on the substance.
Hut 8 sells 310 MW gas-fired portfolio to TransAlta after asset optimisation
Hut 8 transfers four natural gas power plants to TransAlta following a turnaround plan and five-year capacity contracts secured in Ontario.

Tokyo Gas sells TVL LLC to Grayrock Energy for $255mn and reallocates its US gas portfolio

By selling its US subsidiary TVL LLC, active in the Haynesville and Cotton Valley formations in Louisiana, to Grayrock Energy for $255mn, Tokyo Gas pursues a targeted rotation of its upstream assets while strengthening, through TG Natural Resources, its exposure to major US gas hubs supporting its LNG value chain.
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TotalEnergies signs €5.1bn deal with EPH for 14 GW of flexible capacity
TotalEnergies acquires 50% of a flexible power generation portfolio from EPH, reinforcing its gas-to-power strategy in Europe through a €10.6bn joint venture.
ConocoPhillips reveals major new gas discovery offshore Australia
The Essington-1 well identified significant hydrocarbon columns in the Otway Basin, strengthening investment prospects for the partners in the drilling programme.

India signs major US LPG deal under diplomatic pressure

New Delhi secures 2.2 million tonnes of liquefied petroleum gas annually from the United States, a state-funded commitment amid American sanctions and shifting supply strategies.
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INNIO deploys 450 MW flexible power plant to support UK grid
INNIO and Clarke Energy are building a 450 MW gas engine power plant in Thurrock to stabilise the electricity grid in southeast England and supply nearly one million households.
Aramco deploys autonomous AI agents to optimise Fadhili gas plant
Aramco and Yokogawa have completed the deployment of autonomous artificial intelligence agents in the gas processing unit of Fadhili, reducing energy and chemical consumption while limiting human intervention.