WEEN E&S

A report forecasts that improved industrial energy efficiency and residential electrification could significantly reduce Colombia’s need for imported gas by 2030.
Falling rig counts and surging natural gas demand are reshaping the Lower 48 energy landscape, fuelling a rebound in gas-focused mergers and acquisitions.

Diesel margins hit yearly high amid geopolitical tensions

European sanctions on Russia and refinery outages in the Middle East have sharply reduced global diesel supply, driving up refining margins in key markets.
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Over 140 solar sector companies have urged Congress to lift a directive from the Department of the Interior blocking permit approvals, putting hundreds of energy projects in the United States at risk.
The Nigerian government has approved a payment of NGN185bn ($128 million) to settle debts owed to gas producers, aiming to secure electricity supply and attract new investments in the energy sector.

China launches first phase of 300 MW storage station

A 300 MW/1,200 MWh electrochemical energy storage facility has been commissioned in China, marking a major milestone in the country’s largest publicly funded energy infrastructure project.
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Riley Exploration Permian has finalised the sale of its Dovetail Midstream entity to Targa Northern Delaware for $111 million, with an additional conditional payment of up to $60 million. The deal also includes a future transfer of equipment for $10 million.
RWE has secured contracts for four renewable energy projects totalling 68 MW in Italy, with construction set to begin in 2026, reinforcing its expansion strategy in the market.

RWE and TotalEnergies deploy 66 Reef cubes® for OranjeWind wind farm

RWE and TotalEnergies will install 66 Reef cubes® around the foundations of 11 turbines at the OranjeWind wind farm, marking one of the largest applications of artificial reefs in the North Sea.
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Stanwell has secured an exclusive agreement with Quinbrook for the development of the Gladstone SDA Energy Hub, combining gas turbines and long-duration battery storage to support Queensland’s electricity grid stability.
Plenitude acquires full ownership of ACEA Energia for up to €587mn, adding 1.4 million customers to its portfolio and reaching its European commercial target ahead of schedule.

Italy awards 8.6GW in renewables in Fer-X tender

Italy allocated 82% of the proposed solar and wind capacities in the Fer-X auction, totalling 8.6GW, with competitive purchase prices and a strong concentration of projects in the southern part of the country.
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Un terminal portuaire en Espagne alliera réfrigération industrielle haute performance et production solaire pour optimiser les coûts énergétiques et les capacités logistiques de PTP Ibérica, avec un démarrage prévu d’ici mi-2026.
L’arrêt de la raffinerie de Pancevo, frappée par des sanctions américaines contre ses actionnaires russes, menace les recettes fiscales, l’emploi et la stabilité énergétique de la Serbie.

Oil prices rise amid military escalation and diplomatic deadlock

Oil prices climbed, driven by Ukrainian strikes on Russian infrastructure and the lack of diplomatic progress between Moscow and Washington over the Ukraine conflict.
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Ankara plans to invest in US gas production to secure LNG supply and become a key supplier to Southern Europe, according to the Turkish Energy Minister.
The growth of US liquefied natural gas exports could slow if rising domestic costs continue to squeeze margins, as new volumes hit an already saturated global market.

Chevron sets 2026 investment budget between $18 and $19 billion

Chevron has announced a capital expenditure range of $18 to $19 billion for 2026, focusing on upstream operations in the United States and high-potential international offshore projects.
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Three Russian tankers targeted off the Turkish coast have reignited Ankara’s concerns about oil and gas supply security in the Black Sea and the vulnerability of its subsea infrastructure.
The UK regulator has approved a £28bn investment plan for electricity and gas networks from 2026 to 2031, setting strict performance conditions for operators while increasing household energy bills.
Russian state nuclear group Rosatom has validated the additive manufacturing of parts for its small modular reactors, marking an industrial first for RITM-200 SMR plant equipment.
California-based Maritime Fusion, backed by Y Combinator and Trucks VC, is betting on a decentralised approach to fusion to target maritime and off-grid applications.

Bayridge Resources acquires 51% of Baker Lake uranium project in Nunavut

Bayridge Resources secures a majority stake in an advanced uranium project in Canada, strengthening its strategic presence in a geologically promising region.
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A significant volume of concrete from the dismantling of the Sizewell A nuclear power plant is being transferred to support the foundations of the Sizewell C project, under a partnership between UK nuclear sector stakeholders.
Korean group KEPCO and UAE-based ENEC have signed two memorandums of understanding to expand their cooperation in civil nuclear energy, artificial intelligence, and digital technologies targeting new international markets.

US Army selects nine bases for future deployment of nuclear microreactors

The Janus programme will deploy micro nuclear power plants across nine military bases to reinforce energy autonomy for critical U.S. Army installations.
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The Idaho National Laboratory has started irradiation testing on uranium-zirconium fuel samples from Lightbridge in its experimental reactor, marking a key step toward the industrial validation of advanced nuclear fuel.
NexGen Energy has opened Canadian Nuclear Safety Commission hearings for the final approval of its Rook I uranium project, following more than six years of regulatory process.

Oklo signs contract with Siemens Energy for Aurora’s power conversion system

Oklo has signed a binding agreement with Siemens Energy to accelerate manufacturing of the energy conversion system for its first advanced nuclear power plant in the United States.
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A security document handling incident at the nuclear power plant renews concerns about TEPCO as a key decision on restarting reactors 6 and 7 approaches in Niigata.
An initial civil nuclear cooperation agreement was signed between the United States and Saudi Arabia, prompting calls from the US Congress for strict safeguards to prevent a Middle East arms race.

CGN activates Zhaoyuan to bypass US restrictions and secure its Hualong One reactors

The launch of the Zhaoyuan nuclear project anchors the Hualong One model inland, illustrating Beijing’s strategy of regulatory normalisation in response to Western technological restrictions.
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TRISO-X has started above-ground works on the first U.S. facility dedicated to manufacturing fuel for small modular reactors, marking a key industrial milestone in the deployment of the Xe-100.
The first Russian test rig for the experimental ITER reactor has been delivered to the site in France, marking a major milestone in the international collaboration on nuclear fusion.

Allseas’ nuclear concept could inject EUR130bn into Dutch economy by 2050

A strategic report reveals the industrial and energy potential of Allseas’ offshore small modular reactor, which could create up to 40,000 jobs and reduce investment in the power grid.
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Niigata’s governor is expected to approve the restart of one reactor at the Kashiwazaki-Kariwa plant, inactive since the Fukushima accident, reviving a strategic asset for Japan’s energy sector.
Canadian firm Aecon and private developer Norsk Kjernekraft have signed a strategic agreement targeting the deployment of BWRX-300 small modular reactors across several potential locations in Norway.

South Africa restarts PBMR project with strategic transfer to Necsa

The South African government has officially lifted the PBMR reactor out of inactivity, launching a public investment programme and transferring the strategic nuclear asset from Eskom to Necsa.
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The French Court of Auditors values EDF’s grand carénage at over €100bn, while EPR2 reactors already exceed €67–75bn. The State simultaneously directs regulation, financing, and industrial strategy, raising the risk of conflict of interest.
Belarus commits major public investment to add a third reactor at the Ostrovets plant and initiates studies for a second nuclear site to support national energy demand.