Whitecap Resources

Indian group JSW Energy launches a combined promoter injection and institutional raise totalling $1.19bn, while appointing a new Chief Financial Officer to support its expansion plan through 2030.
Morocco plans to commission its first liquefied natural gas terminal in Nador by 2027, built around a floating unit designed to strengthen national import capacity.

Harbour Energy to acquire Waldorf’s UK assets for $170mn

Harbour Energy will acquire Waldorf Energy Partners’ North Sea assets for $170mn, increasing its stakes in the Catcher and Kraken fields, while Capricorn Energy settles part of its claims.
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An explosion on December 10 on the Escravos–Lagos pipeline forced NNPC to suspend operations, disrupting a crucial network supplying gas to power stations in southwestern Nigeria.
The explosion of battery storage applications in Germany is causing grid congestion and pushing Berlin to revise its regulatory framework to prevent market saturation.

Controllable solar hits strategic threshold at $65/MWh despite China supply risk

The collapse in storage costs positions batteries as a key lever for dispatchable solar, but dependence on Chinese suppliers creates growing tension between competitiveness and supply chain security.
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At an international forum, Turkmenistan hosted several regional leaders to discuss commercial cooperation, with a strong focus on gas and alternative export corridors.
The Big Beautiful Gulf 1 sale attracted more than $300mn in investments, with a focused strategy led by BP, Chevron and Woodside on high-yield blocks.

Washington seizes oil tanker linked to Maduro and tightens sanctions on Caracas

The United States intercepted an oil tanker loaded with Venezuelan crude and imposed new sanctions on maritime entities, increasing pressure on Nicolas Maduro’s regime and its commercial networks in the Caribbean.
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The company has secured a 108 MW solar project in Sicily, its largest in Italy, following the second national FER X auction, strengthening its portfolio of energy investments in the country.
GE Vernova Hitachi’s BWRX-300 small modular reactor has passed a key regulatory hurdle in the United Kingdom, opening the door to potential commercial deployment, despite no current plans for construction.

JA Solar commissions its first industrial solar-storage system in Sicily

JA Solar has launched a microgrid combining 5.2 MW of solar and 2.61 MWh of storage at an industrial site in Sicily, marking its first application of the "PV+Storage+X" model in Italy.
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Independent power producer GreenGo strengthens its portfolio to 193 MW under public schemes, after winning a new 48 MW solar project through the FER X NZIA programme.
The Norwegian government has allocated two areas of the Utsira Nord project to the Equinor–Vårgrønn and EDF–Deep Wind Offshore consortia, launching a preparatory phase before a competitive state aid auction.

OPEC+ forecasts tight balance between oil supply and demand in 2026

OPEC expects crude demand from its members to reach 43 million barrels per day in 2026, nearly matching current OPEC+ output, contrasting with oversupply forecasts from other institutions.
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Italy awarded over 1.1 gigawatts to 88 solar projects using no Chinese equipment, in a European first, at an average tariff of €66.38/MWh, 17% above previous auctions.
Singapore’s Sembcorp Industries has entered the Australian energy market with the acquisition of Alinta Energy in a deal valued at AU$6.5bn ($4.3bn), including debt.

Sinexcel installs its first 2MW energy storage system in the Japanese market

Sinexcel has installed a 2MW/8MWh energy storage system in Matsusaka, marking a breakthrough in a regulated market after five years of technical partnerships and gradual deployment in Japan.
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Potentia Energy has secured $553mn in financing to optimise its operational renewable assets and support the delivery of six new projects totalling over 600 MW of capacity across Australia.
Inlyte Energy has successfully completed factory validation testing of its first full-scale iron-sodium battery, witnessed by Southern Company, paving the way for a pilot installation in the United States in early 2026.
The European Commission opens its first call for hydrogen suppliers with a new matchmaking platform aimed at facilitating investment decisions in the sector.
Ballard Power Systems reports a significant increase in revenue and reduced losses, supported by deep restructuring and positive developments in its main commercial segments.

China channels public investment into hydrogen to consolidate industrial dominance

The inclusion of hydrogen in China’s 15th Five-Year Plan confirms a public investment strategy focused on cost reduction, domestic demand stimulation and geo-economic influence across global markets.
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EDF power solutions has inaugurated a hydrogen pilot plant at the Norte Fluminense thermal power plant, with an investment of BRL4.5mn ($882,000), as part of Aneel's R&D programme.
Plug Power plans to generate $275mn by divesting assets and reallocating investments to the data center market, as part of a strategy focused on returns and financial discipline.

GreenH secures investment for three green hydrogen plants in Norway

GreenH launches construction of three green hydrogen projects in Bodø, Kristiansund and Slagentangen, backed by NOK391mn ($35.86mn) in public funding, aiming to strengthen decarbonised maritime supply along Norway’s coast.
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Nel ASA becomes technology provider for the Enova-supported hydrogen sites in Kristiansund and Slagentangen, with a combined minimum capacity of 20 MW.
French hydrogen producer Lhyfe has signed an agreement to supply 90 tonnes of RFNBO-certified hydrogen to a private fuel station operator in Germany for a fleet of buses.

Loblaw and FortisBC launch hydrogen truck for commercial deliveries in British Columbia

Loblaw and FortisBC are trialling a hydrogen-powered heavy truck between Vancouver and Squamish, marking a step in the integration of low-emission solutions in Canada’s grocery logistics.
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Next Hydrogen announces a private equity placement of CAD$20mn to CAD$30mn ($14.55mn to $21.83mn), led by Smoothwater Capital, to accelerate the commercialisation of its electrolyzers and support its industrial growth.
Transition Industries signed a long-term purchase agreement with Mitsubishi Gas Chemical for the annual supply of 1mn tonnes of ultra-low carbon methanol starting in 2029, from its Pacifico Mexinol project in Mexico.

Nel ASA secures over $50mn PEM order for two hydrogen projects in Norway

Norwegian group Nel ASA has received a firm order worth over $50mn to supply its PEM electrolysers for two green hydrogen production units in Florø and Eigersund.
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Driven by aerospace, industrial gas, and hydrogen investment, the global liquid hydrogen micro-storage systems market is projected to grow 9% annually through 2034.
The suspension of ARCHES is not slowing hydrogen initiatives in California, where public authorities are accelerating projects for production, transport and use of the fuel in local infrastructure.

Denmark launches a 20 MW low-carbon hydrogen plant in Fredericia

The HySynergy I plant produces eight tons of hydrogen per day from renewable energy and marks a new milestone in the deployment of low-carbon hydrogen in Europe, with medium-term expansion projects.
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Ahead of Hyd’Occ’s commissioning, Qair hosts hydrogen sector operators and decision-makers in Béziers to coordinate the industrial integration of local production into regional transport.
Plug Power has signed a supply agreement with Allied Biofuels to equip a sustainable fuel production site in Uzbekistan, bringing total contracted capacity with Allied partners to 5 GW.

Siemens and RIC Energy join forces to accelerate renewable hydrogen in Spain

RIC Energy and Siemens have signed a strategic agreement to develop industrial projects in renewable hydrogen, sustainable aviation fuel, and green ammonia, focusing on two key sites in Spain.
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Element One obtains an exclusive option to acquire up to 100% of Stone to H2, a New York-based company holding patented technology for hydrogen and critical mineral extraction from ultramafic rock.
Elogen will supply a 1 MW PEM electrolyser for a cogeneration plant operated by Veolia Energia Slovensko, in partnership with RoyalStav, near Žiar nad Hronom.