Energy & Climate Markets
The UAE announces exit from OPEC effective 1 May 2026 after 59 years
The United Arab Emirates (UAE) has announced its decision to withdraw from the Organisation of the Petroleum Exporting Countries (OPEC and O...
Companies
Shell boosts production by 370 kboe/d through USD16bn ARC acquisition (Canada)
UK-based Shell has entered into a definitive agreement to acquire ARC Resources, a Canadian energy company focused on the Montney shale basi...
Infrastructure & Investments
Huaneng puts into operation a 5.4 GW hydro-solar hybrid project in China
Huaneng has started operations of a 5.4 GW hydro-solar hybrid project at Xiaowan hydropower plant in Yunnan (southwestern China) (Huaneng pr...
Energy & Climate Markets
The US signs energy deals with Croatia, Bosnia, and Albania for gas and LNG
The US Department of Energy (DOE) has announced the conclusion of multiple agreements between US companies and Balkans countries. Contracts ...
Infrastructure & Investments
EDF and BW ESS Partner on 350MW / 1.2GWh Hams Hall BESS in the UK
EDF and BW ESS, a global developer, owner, and operator of energy storage systems, have entered into a partnership for the initial phase of ...
Infrastructure & Investments
Canada approves Enbridge's gas pipeline expansion (3.1 bcm/year)
Enbridge has received the Canadian governmental approval for the expansion of its Westcoast gas pipeline system in British Columbia, Canada ...
Infrastructure & Investments
Zambia starts operations of 50 MW Mansa solar power plant
Zambia has commissioned a 50 MW solar power plant in Mansa District in Luapula Province (Zambian government press release, 24/04/2026). The ...
Infrastructure & Investments
Matrix Renewables closes financing for 500 MW/1 GWh BESS in Scotland (UK)
Matrix Renewables has successfully closed a GBP245m (EUR283m) non-recourse project financing to support the construction of a 500 MW/1 GWh B...
Infrastructure & Investments
The US cancels 4.4 GW offshore wind leases for oil and gas new deals
The US Department of Interior (DOI) has announced that it has reached a deal to end two additional US offshore wind leases, namely Bluepoint...
Forecasts
New Zealand’s grid operator reveals "fragile" short-term supply by 2030s
New Zealand’s state-owned grid operator Transpower states that new generation capacity and battery storage systems must keep coming online t...
Policy & Regulatory
Kazakhstan aims for 10 GW renewables via new transition platform
Kazakhstan has launched QaJET, its just energy transition platform, targeting 10 GW of new renewable capacity by 2035 to accelerate the clea...
Infrastructure & Investments
Spain's COFIDES backs the 396 MW Illa solar PV project in Peru
Spain’s state-owned fund manager COFIDES has committed USD40m in financing to support the 396 MW Illa solar PV project in Peru, led by the S...