TDK Ventures is launching its new fund, Fund EX1, to invest in energy transformation and cleantech startups in Europe and the United States. With $150 million in capital, TDK Ventures is establishing itself as a key player in the energy transition.

Statkraft and ALPLA join forces to support sustainable packaging production through renewable energy purchase agreements. These partnerships will enable ALPLA to convert 100,000 tons of plastic into packaging solutions, thereby reducing its carbon footprint.

Octopus Energy is investing £1.5 billion to accelerate the transition to a cleaner energy system in Asia Pacific, allocating £1.2 billion to renewable energy generation and expanding its technology innovation center in Tokyo.

Chevron and Exxon Mobil, the U.S. fossil fuel giants, are calling on Australia to support their carbon capture and hydrogen projects. These initiatives aim to reduce carbon emissions in the country, the world's largest exporter of liquefied natural gas.

Masdar, a leading clean energy company, recently released its 2022 sustainability report. This report highlights the launch of Masdar's green financial framework, as well as its successes in promoting women and youth.

Pattern Energy Group LP (Pattern Energy) has entered into an agreement to sell its Japanese assets and its interest in Green Power Investment Corp (GPI) in Japan. This transaction marks the end of a successful partnership and opens new opportunities for NTT Anode Energy Corporation and JERA Co. on the growing renewable energy market in Japan.

Greentown Labs and Shell are launching Greentown Go Make 2023, a start-up-company partnership program focused on climatetech. Focusing on carbon use, storage and traceability, this program provides selected start-ups with unique mentoring, networking and funding opportunities.

Naturgy, Spain's leading gas supplier, is acquiring a Spanish renewable energy portfolio for €536 million from investment fund Ardian, including 12 operating wind farms and solar farm projects.

Oneok acquires Magellan Midstream Partners, creating a combined sustainable fuels and hydrogen transportation company in the U.S. with an expanded market presence. The agreement, subject to regulatory approval, is expected to close in the third quarter.

Spectrum is a market leader in Jordan with several BOT solar projects, while its acquisition by Amarenco MENA reinforces the company's commitment to sustainability and establishes Amarenco Jordan as Amarenco MENA's main platform in the country.

BNP Paribas has announced that it will stop financing new oil and gas fields, but will continue to support the companies involved in their development indirectly. These measures are considered insufficient by the NGOs.

Toshiba is facing an uninspiring forecast for fiscal 2023/24, marked by a significant drop in profits. Despite almost stable sales, the company saw its net profit and operating profit fall due to exceptional factors and the negative performance of its subsidiary Kioxia.

The Italian government has succeeded in imposing its candidate, Paolo Scaroni, as chairman of the board of directors of Enel, despite a revolt by some of the shareholders. This choice raises concerns about the independence of the Board of Directors and the future of the company's commitment to sustainable development.

Nozomi Energy, a renewable platform for Japan, receives $500M from Actis to reach 1.1 GW of wind and solar power generation by 2027 and support the energy transition. Actis brings its expertise to achieve positive results and decarbonize.

Bayer is making a commitment to the energy transition by signing an agreement with Cat Creek Energy to meet its renewable electricity needs. The agreement will build multiple renewable energy sources in Idaho, generating 1.4 terawatt hours of clean electricity per year.

INEOS Energy is entering the U.S. shale oil and gas market with the acquisition of 2,300 oil and gas wells from Chesapeake Energy for $1.4 billion. This acquisition marks a key step in INEOS Energy's strategy to build a global integrated portfolio tailored to the energy transition.

EnfraGen announced the acquisition of six assets in Panama and Costa Rica, with a total capacity of 188 MW, from Celsia S.A., a Colombian subsidiary of Argos Group. This acquisition marks an important step in EnfraGen's development strategy in the region.

Galp Energia reports a strong increase in net profit in 1Q2023 due to higher refining margins, but its Ebitda declined slightly due to the less favorable oil price environment.

The French Energy Regulatory Commission (CRE) publishes a monthly reference for the cost of gas supply in anticipation of the end of the Regulated Tariffs for the Sale of Gas (TRVG). This reference will allow gas suppliers to calculate their compensation and consumers to better understand the costs of supplying gas.

Technip Energies announces encouraging financial results despite the exit of a Russian project. The company is betting on green hydrogen and creating a joint venture with John Cockerill to become a single-source provider of competitive green hydrogen solutions. This initiative aims to accelerate the global energy transition.

Veolia recorded a 20% increase in revenue in the first quarter of 2023 compared with the previous year, driven by the sharp rise in energy prices. The energy sector represents 23% of the group's activity, followed by recycling (35%) and water management (42%).

EDP recorded a net profit of 306 million euros in 1Q 2023, thanks to the normalization of hydroelectric production in Portugal. EDP Renovaveis, EDP's renewable energy subsidiary, reported a profit of 65 million euros in the first three months of the year.

Engie wins a victory against the European Commission in a dispute over controversial tax benefits granted in Luxembourg. The CJEU is expected to issue a ruling at a later date following the Advocate General's proposal to annul the European Commission's decision.

Legrand is maintaining its annual targets after a 9% increase in sales and 28% increase in net profit in the first quarter, thanks in particular to its flagship products related to energy efficiency, IT data centers and connected products.

Enel saw its net profit fall 27.7% to 1.03 billion euros in 1Q due to lower electricity and gas prices, but the CEO confirmed targets for 2023 despite the proposal of the right-wing and far-right coalition to replace Francesco Starace.