Infrastructure & Investments
ACWA Power and Bapco will develop a 2.8 GW of solar+BESS project in Saudi Arabia
The Saudi power group ACWA Power and Bahrain's energy group Bapco Energies have announced a Joint Development Agreement (JDA), committing to...
Infrastructure & Investments
EDF’s plans for two 1.7 GW reactors challenged after court ruling (France)
The administrative court of Lyon (France) has cancelled modifications to urban planning documents that would have allowed the construction o...
Infrastructure & Investments
Navitas makes FID on Sea Lion oil project off the Falkland Islands (UK)
The UK-based Rockhopper Exploration and Israel’s Navitas Petroleum have taken a final investment decision (FID) on the Sea Lion oilfield dev...
Energy & Climate Markets
Russian nuclear regulator extends Novovoronezh-5 operation until 2036
The Russian federal nuclear and industrial safety authority, Rostekhnadzor, has extended the service life of the 950 MW Unit 5 of the Novovo...
Policy & Regulatory
US DOI closes first offshore oil and gas lease sale “Big Beautiful Gulf 1”
The US Department of the Interior (DOI) has announced the successful lease of the “Big Beautiful Gulf 1,” (US DOI press release, 10/12/2025)...
Infrastructure & Investments
NYPA plans to install up to 5.5 GW of renewables generation and BESS (US)
The New York Power Authority (NYPA) has announced plans to develop, own and operate 45 projects and 146 distributed BESS projects with a com...
Energy & Climate Markets
Belarus ratifies common electricity market agreement with Russia
The President of Belarus has signed a law to ratify the agreement between Belarus and Russia on the formation of a common electric energy ma...
Policy & Regulatory
EU legislators agree to reduce net GHG emissions by 90% by 2040 from 1990
The EU Council and Parliament have reached a provisional agreement on introducing a binding intermediate climate target to reach a 90% reduc...
Infrastructure & Investments
EU approves aid package for Poland’s 3.7 GW nuclear power plant
The European Commission has approved, under EU State aid rules, an aid package to support the construction and operation of Poland’s first n...
Companies
ExxonMobil plans to boost upstream production to 5.5 mb/d by 2030 (US)
ExxonMobil has updated its Corporate Plan through 2030, outlining plans to increase oil and gas production (ExxonMobil press release, 09/12/...
Infrastructure & Investments
China commissions a 500 MW/2,000 MWh standalone BESS in Inner Mongolia
Tongliao Conch New Energy, a subsidiary of Conch Cement Group, has developed, financed and commissioned a 500 MW/2,000 MWh standalone BESS i...
Infrastructure & Investments
NextEra Energy plans 15 GW of capacity by 2035 for US data centers
The US power producer NextEra Energy has partnered with oil and gas major ExxonMobil to build a 1.2 GW gas-fired power plant to serve the US...