Latest News
-
10 Jul 25
Renewables boom highlights growing regional divide
The Renewable Energy Statistics 2025 released by the International Renewable Energy Agency (IRENA) today shows that despite renewables capacity growing by over 15% in 2024, the growth gap widens across regions. -
10 Jul 25
Italy: Plenitude and Nuova Simplast will develop an Energy Community featuring a 758 kWp photovoltaic plant
Plenitude and Nuova Simplast - a company specialized in rotational molding and assembly of plastic components, with a strong focus on quality, efficiency, and process optimization - have announced the start of construction on an Energy Community in Montà d’Alba (Cuneo province). -
10 Jul 25
OEUK: Electricity market reform can be a stepping stone to the UK’s energy future
Leading trade body Offshore Energies UK responds to the government’s publication of its Review of Electricity Market Arrangements (REMA). OEUK says the reforms announced – including the decision to commit to national pricing – bring stability that can help renew investor confidence and build a nationwide network secured by a diverse mix of domestic energy from oil, gas and offshore wind and emerging sources such as hydrogen. -
10 Jul 25
Nordex Group announces strong order intake of 2.3 GW in the second quarter of 2025
In the second quarter of 2025 the Nordex Group secured 2,310 MW of orders in the Projects segment (excluding service business), growing by around 82 percent compared to the previous year’s figure. -
10 Jul 25
Taiwan: Ørsted secures project financing for Greater Changhua 2
Ørsted has reached financial close on a project finance package with 25 banks and 5 Export Credit Agencies (ECAs) to raise approx. TWD 90 billion (about DKK 20 billion) for the 632 MW offshore wind farm Greater Changhua 2. -
10 Jul 25
TGS and Equinor collaborate to drive digital transformation in CCS operations
TGS, a global leader in energy data and intelligence, has entered a close collaboration with Equinor, advancing the digitalization of carbon capture and storage operations. Northern Lights will integrate TGS’ Prediktor Data Gateway into its digital system to enhance management of the full CO2 value chain, from the receiving terminal to permanent storage. -
10 Jul 25
UK: NSTA warns: Decommission permanently inactive wells now or face cost hikes and possible fines
Operators must immediately start tackling their backlog of wells that are already due for decommissioning to stop rigs leaving the North Sea and prevent billions of pounds of additional costs for themselves and taxpayers, the industry regulator said today in a report. -
10 Jul 25
Norway: Equinor makes gas discovery near the Johan Castberg field in the Barents Sea - (7220/5-4)
Equinor has made a gas discovery near the Johan Castberg field in the Barents Sea. Preliminary calculations indicate the size of the discovery is between 0.3 and 0.5 billion standard cubic metres (Sm3) of recoverable gas. The licensees will assess the discovery with a view toward a possible tie-in to the Johan Castberg field. -
10 Jul 25
Vietnam: EnQuest completes acquisition of Harbour Energy's Vietnam business
EnQuest has completed the acquisition of Harbour Energy's business in Vietnam, which holds a 53.125% equity interest in (and operatorship of) the Chim Sáo and Dua production fields ('Block 12W') -
10 Jul 25
Denmark: BlueNord announces Q2 and H1 2025 results
BlueNord has published its Second Quarter and First Half 2025 results, highlighting robust base production, continued progress and significant increased contribution from the Tyra hub and a strong liquidity position of USD 718 million. -
10 Jul 25
Congo Brazzaville: PetroNor E&P announces Q2 2025 production update
PetroNor E&P has provided an update on the Congo operations related to the PNGF Sud field complex. Second quarter average net working interest production was 4,240 bopd, compared with 4,303 bopd in the previous quarter and 4,684 bopd in the second quarter of 2024. -
10 Jul 25
UK: SEK supports the financing of the Eastern Green Link 2 project
The Swedish Export Credit Corporation (SEK) has agreed a EUR 0.8 billion loan facility with National Grid Electricity Transmission plc to fund a portion of Eastern Green Link 2 (EGL2) – a high-voltage direct current (HVDC) subsea transmission project that will connect Scotland and England. -
09 Jul 25
Norway: Equinor granted drilling permit for well 34/8-20 S and 34/8-20 A in PL 554 E.
The Norwegian Offshore Directorate has granted Equinor a drilling permit for well 34/8-20 S and 34/8-20 A in production licence PL 554 E. -
09 Jul 25
UK: Hynamics UK and Hy24 sign exclusive partnership to develop UK's Fawley Green Hydrogen project
On the eve of the UK-France Summit 2025, Hynamics UK, a 100% subsidiary of EDF Group specialising in low-carbon and renewable hydrogen production, and Hy24, the world’s leading low-carbon hydrogen asset manager, have signed a Memorandum of Understanding (MoU) to enter an exclusive partnership to pursue the development and funding of the Fawley Green Hydrogen Project. -
09 Jul 25
Suriname: Hess exits Block 59 offshore Suriname
Staatsolie reports that Hess (Suriname II) Exploration (Hess) has relinquished Block 59 in offshore Suriname. The block will return to Staatsolie and become part of the open acreage.
