Policy & Regulatory
South Korea launches a 2.2 GW offshore wind auction
The South Korean government has launched an auction offering fixed-price contracts for 2.2 GW of offshore wind capacity (South Korea’s Minis...
Energy & Climate Markets
Eni starts gas production at 2.6 bcm/year Maha field in Indonesia
Eni and PETRONAS, through their 50/50 joint venture Searah, have started gas production at the Maha field in the Kutei Basin, offshore Indon...
Energy & Climate Markets
OPEC+ maintains crude oil production targets for December 2026
The seven OPEC+ members (Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman) have agreed to maintain their crude oil productio...
Infrastructure & Investments
Venture Global starts commercial operations at 20 Mt/year Plaquemines LNG (US)
LNG producer Venture Global has commenced commercial operations at Phase 1 of its Plaquemines LNG export facility in Louisiana, United State...
Infrastructure & Investments
The UK grants consent for 2 GW Sea Link offshore high voltage connection
The UK’s Department for Energy Security and Net Zero has granted a Development Consent Order for the 2 GW Sea Link project, a subsea electri...
Companies
Vistra closes acquisition of almost 5.5 GW of US gas-fired power capacity
The US energy group Vistra has completed the acquisition of Cogentrix Energy, adding 10 natural gas-fired power plants across eight US state...
Companies
Eni starts operations at Venezuela’s Junín-5 oil field
Eni has started operations at the Junín-5 heavy oil field in Venezuela’s Orinoco Belt, after signing a production participation contract wit...
Infrastructure & Investments
Nigeria approves procurement of East and West transmission super grids
The Nigerian Government has approved the start of procurement for the proposed East and West Super Grids, which are intended to strengthen t...
Energy & Climate Markets
Tuas Power explores 500 MW/year electricity import agreement from Lao PDR
Singaporean energy group Tuas Power (a subsidiary of the China Huaneng Group) has signed a Memorandum of Understanding (MoU) with Électricit...
Infrastructure & Investments
Egypt grants golden licences to 1.8 GW of new onshore wind capacity
The Egyptian Cabinet has granted golden licences to Shadwan Wind Power and Shokeir Wind Energy for two 900 MW wind projects in the Red Sea G...
Energy & Climate Markets
National Grid will extend operations of the France–UK IFA interconnector until 2050
National Grid will invest up to GBP400m (EUR475m) to extend the operation of the 2 GW Interconnexion France-Angleterre (IFA) electricity lin...
Companies
Mazarine Energy will acquire Romania’s largest offshore gas producer
Mazarine Energy has agreed to acquire Black Sea Oil & Gas, Romania’s largest offshore gas producer, from Carlyle and the European Bank f...