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Equinor and Shell launch Adura, a new joint venture consolidating their main offshore assets in the United Kingdom, aiming to secure energy supply with an expected production of over 140,000 barrels of oil equivalent per day.
Equinor announces a new oil discovery estimated at between 9 and 15 mn barrels at the Johan Castberg field in the Barents Sea, strengthening the reserve potential in Norway's northern region.

Australia considers east coast gas reservation as market pressures intensify

The Australian government is considering the establishment of an east coast gas reservation as part of a sweeping review of market rules to ensure supply, with risks of shortages signalled by 2028.
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The increase in oil drilling, deepwater exploration, and chemical advances are expected to raise the global drilling fluids market to $10.7bn by 2032, according to Meticulous Research.
State Grid Wuzhong Power Supply Company announces the completion of the energy storage compartment at Tongli substation, a key step for the upcoming integration of a 300 MW shared storage power plant in Ningxia.

US Senate adopts tax neutrality for advanced biofuels

The US Senate Finance Committee modifies the '45Z' tax credit to standardize the tax treatment of renewable fuels, thereby encouraging advanced biofuel production starting October 2025.
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Enbridge Gas Ohio is assessing its legal options following the Ohio regulator's decision to cut its revenues, citing potential threats to investment and future customer costs.
According to the 2025 report on global energy access, despite notable progress in renewable energy, insufficient targeted financing continues to hinder electricity and clean cooking access, particularly in sub-Saharan Africa.

China and the United States improve their energy performance in an unstable global context

While advanced economies maintain global energy leadership, China and the United States have significantly progressed in the security and sustainability of their energy systems, according to the World Economic Forum's annual report.
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Sierra Leone relaunches an ambitious offshore exploration campaign, using a 3D seismic survey to evaluate up to 60 potential oil blocks before opening a new licensing round as early as next October.
Argentina and Peru have signed an agreement expanding their scientific and technological cooperation in the civil nuclear field, including joint research projects and specialised training programmes for future development.

Google signs world’s first fusion energy purchase agreement

Google has concluded a historic agreement to purchase 200 megawatts of fusion energy from Commonwealth Fusion Systems, marking the entry of technology giants into the commercial era of this new energy form.
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Egypt has been building an industrial photovoltaic solar complex in Ain Sokhna since June 19, aiming to stimulate strategic local production with a total investment of $200 million funded by the Chinese group Sunrev.
Globeleq and African Trade & Investment Development Insurance finalise a payment guarantee for the Menengai geothermal project (35 MW), securing financing ahead of its planned operational launch in Kenya.

France: Toul inaugurates 8.5 MW biomass heating plant with ENGIE Solutions

The city of Toul has officially inaugurated a biomass heating plant operated by ENGIE Solutions, intended to supply heating from wood-energy to over 2,400 local homes starting from the next winter season.
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Faced with recurrent shortages, Zambia is reorganising its fuel supply chain, notably issuing licences for operating new tanker trucks and service stations to enhance national energy security and reduce external dependence.
EDF and Italy’s Marcegaglia signed a letter of intent for a ten-year nuclear electricity supply contract, covering half of the energy needs for the future industrial site in Fos-sur-Mer starting from 2029.

Grangemouth Closure: UK Oil Stocks at Highest Level in Three Years

The closure of the Grangemouth refinery has triggered a record increase in UK oil inventories, highlighting growing dependence on imports and an expanding deficit in domestic refining capacity.
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Générale du Solaire has inaugurated in Leutenheim, Bas-Rhin, a floating photovoltaic plant of approximately 20 MWc installed on a former gravel pit, marking the region's first large-scale project supported by successful local participatory funding.
Tree Energy Solutions and CPC Finland will produce 125,000 tonnes annually of e-NG at the Finnish port of Rauma, targeting European and international markets with a significant investment.
US-based UNIGRID has received public funding to launch a sodium-ion battery production line in San Diego, aiming for industrial-scale volumes at the pilot phase.
The Norwegian group has been named preferred bidder for a 492 MWh storage project under South Africa’s public BESIPPPP programme.

REPT BATTERO to deliver 2.5GWh of storage systems to Hyosung Heavy Industries

The agreement signed in Seoul between REPT BATTERO and Hyosung Heavy Industries provides for the supply of 2.5GWh of energy storage systems aimed at strengthening their joint position in the global market.
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Grenergy plans to invest €3.5bn ($3.79bn) to expand hybrid platforms and standalone batteries in Europe and Chile, targeting 18.8 GWh of storage capacity by the end of 2027.
OCI Energy, CPS Energy and LG Energy Solution Vertech signed a memorandum of understanding to develop a 480 MWh energy storage facility in San Antonio, aiming to strengthen Texas's ERCOT grid.

Sungrow installs 60MWh battery in Finland near the Arctic Circle

Chinese provider Sungrow has completed a 60MWh energy storage installation in Simo, less than 100 kilometres from the Arctic Circle, marking a strategic step for the stability of Finland’s power grid.
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Chinese manufacturer HyperStrong has unveiled in Germany its new modular energy storage platform, HyperBlock M, designed to streamline installation, maintenance and performance at utility scale.
Clarios plans to invest up to $1bn in a new critical mineral processing plant to strengthen domestic US supply of antimony and other strategic elements.

Gotion completes first 0.2 GWh pilot line for solid-state batteries

Chinese manufacturer Gotion has completed the first pilot production line for its GEMSTONE all-solid-state battery, marking a technical milestone in the industrial development of this energy technology.
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The Aurora project, under construction in Tarapacá, will include 1 GWh of batteries and a 220 MW solar plant, making it one of the largest hybrid systems in Latin America.
Italian utility Enel is discussing a partnership with Masdar to develop energy storage capacity in Italy amid a rise in renewable energy production.

Global Clean Energy launches cogeneration division with Axiom Energy and SolydEra

Global Clean Energy has launched a dedicated cogeneration division and signed two strategic agreements with Axiom Energy and SolydEra to deploy decentralised energy units across North America.
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Waaree Solar Americas adds $200mn to US battery storage, raising total commitment to $1.2bn and supporting industrial expansion in a rapidly evolving energy market.
Aypa Power closed a $535mn financing to develop a 320 MW solar and battery site in San Bernardino County, supported by a banking consortium led by Santander.

Rystad Energy forecasts over 2 TWh of battery production in 2025, led by China

Global lithium-ion battery production is set to grow by 21% this year, according to Rystad Energy, with China dominating the sector thanks to its established supply chain and competitive technologies.
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CATL introduced in Munich a new 9 MWh energy storage system designed to optimise industrial installations and address global logistics constraints.
Georgia Power has begun work on four new battery storage systems totalling 765 MW across several counties to enhance the reliability of the electricity grid in the U.S. state of Georgia.

Poland grants $320mn to Ascend Elements for battery materials plant

The Polish government is backing Ascend Elements with $320mn to build a lithium-ion battery materials plant, marking one of the country’s largest industrial subsidies.
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Abundance Energy, sonnen and Energywell launch a residential virtual power plant project in Texas, combining home batteries and smart software to optimise electricity management.
Software provider Twaice announces a set of improvements to help battery storage system operators improve financial performance and manage increasingly complex assets.