Latest News
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30 Jul 26
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30 Jul 26
Canada: Allseas to install critical subsea section of Prince Rupert Gas Transmission pipeline
Western LNG has awarded Allseas the contract to install the critical subsea section of the Prince Rupert Gas Transmission (PRGT) pipeline in northwest Canada. Once operational, the PRGT system will provide a new route to market for Canadian natural gas, expanding export opportunities, strengthening long-term energy security, and supporting economic development in British Columbia. -
30 Jul 26
Shell announces second quarter 2026 results
Shell has released its second quarter results and second quarter interim dividend announcement for 2026. Shell's operational performance enabled very strong results during another quarter of severe disruption in global energy markets, as the Company worked hard to provide critical energy supplies and products to its customers. -
30 Jul 26
UK: CapsolGo selected for demonstration on UK gas power generation
Capsol Technologies, a leading provider of low-carbon power and industrial decarbonization technology, has secured a CapsolGo order for a campaign with a UK wastewater treatment company for a carbon capture demonstration campaign. -
30 Jul 26
Criterium Energy provides operational update and announces preliminary Q2 2026 results
Criterium Energy, an independent upstream energy development and production company focused on energizing growth for Southeast Asia has announced preliminary operating results for the three-month period ended June 30, 2026 and provided operational updates on the Southeast Mengoepeh ('SE-MGH') gas development project and the Lemat oil play. -
30 Jul 26
MPC Energy Solutions publishes its results for H1 2026
MPC Energy Solutions has published its unaudited results for the first half of 2026. Three solar PV plants have been operational and contributed to the Company’s results over the past six months. The portfolio generated 49.4 GWh, a slight decrease on a like-for-like comparison to the same period last year (50.3 GWh). -
29 Jul 26
Belgium: INEOS Project ONE modules escape Strait of Hormuz to reach Antwerp
The first of two critical modules for INEOS’ €5bn engineering project in Antwerp arrived today after being trapped in the Strait of Hormuz for months. The final two modules complete the Project ONE cracker, with the second and final module expected in the coming days. -
29 Jul 26
UK: Energi Coast announces new Chair
Energi Coast, North East England’s offshore wind cluster, has appointed Tom Nightingale as Chair as the region moves into a new era. Highly experienced in the UK’s offshore wind industry, Tom is Local Supply Chain Manager (UK) for Equinor’s Power Business, supporting supply chain development activities for UK projects. -
29 Jul 26
Westwood Insight - How a Norway M&A Deal could impact FLAGS
In Norway, a seemingly innocuous asset swap deal has highlighted the vulnerability of UK pipeline systems to Norwegian entrants. Vår Energi and Equinor recently announced a deal to exchange assets on the Norwegian Continental Shelf, whereby Vår Energi will receive a 32.5% interest in the Peon discovery and takes operatorship from Equinor, which retains 27.5% equity. -
29 Jul 26
Germany: RWE raises outlook for fiscal years 2026 and 2027
Preliminary results for the first half of 2026 exceed market expectations. Additional positive earnings effects from the increase in RWE’s stake in transmission system operator Amprion, a compensation payment in the Flexible Generation segment and higher earnings from international power generation lead to an increase in the earnings outlook for fiscal years 2026 and 2027. -
29 Jul 26
UK: Funding for Shetland clean fuels hub
The development of a clean fuels hub on Shetland will get financial backing from the Scottish Government, Energy Minister Stephen Gethins announced ahead of a visit to Sullom Voe Terminal. Veri Energy will receive almost £760,000 to support the third phase of work to develop the hub. -
29 Jul 26
US: Tesla and Zelestra agree to a long-term solar PPA in Texas
Zelestra, a global, multi-technology, customer-focused renewable energy company, has expanded their energy engagements with Tesla across markets with the signing of a new 140 MWac power purchase agreement (PPA) for Lumen Farm solar project in Texas. -
29 Jul 26
UK: Scottish Power awards over £100m in UK-wide onshore windfarm contracts boost
ScottishPower has awarded contracts totalling a record £102.9million to companies spanning the country in the latest round of support for Britain’s supply chain. -
29 Jul 26
UK: Offshore Energies UK responds to public consultation on the £10.8 billion Rosebank and Jackdaw energy projects
Offshore Energies UK is calling for an acceleration of consent for development of the Rosebank and Jackdaw energy projects highlighting in its response to ongoing public consultations submitted this week, their strategic importance to the UK’s energy security, economy and industrial future. -
29 Jul 26
Germany: RWE to build large-scale storage at Hambach mine
RWE is continuing to expand its battery storage portfolio and is constructing a new large-scale storage facility on the site of the Hambach opencast mine. The first of a total of 128 lithium-ion battery containers have already been delivered. The large-scale storage facility will have a capacity of 236 megawatts (MW) and a storage capacity of 470 megawatt-hours (MWh). The facility is scheduled to come on stream in 2027. -
29 Jul 26
Montenegro: Masdar and EPCG advance 2GW partnership in Montenegro with first solar and energy-storage projects
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, and Elektroprivreda Crne Gore (EPCG), Montenegro’s national power utility, have advanced their strategic partnership into project execution with agreements covering 150 megawatts (MW) of solar capacity and the potential development of over 400MW of pumped hydro energy storage. -
29 Jul 26
Eni reports results for the second quarter and half year 2026 - Excellent 2Q performance and enhanced guidance; increased shareholder returns
Eni's Board of Directors, chaired by Giuseppina Di Foggia, has approved the consolidated results for the second quarter and first half of 2026. As a result of strong execution and the market environment, Eni raises guidance on 2026 production to around 5% underlying growth and increases its distribution policy to €3.4 bln of share buyback. -
29 Jul 26
Nordex Group achieves double-digit EBITDA margin in Q2/2026, strong order intake growth, and positive free cash flow
The Nordex Group reported solid operational and financial performance in the second quarter of 2026. Sales reached around EUR 2.2 billion in Q2/2026, 16.3 percent up compared to the previous-year quarter (Q2/2025: EUR 1.9 billion). Earnings before interest, taxes, depreciation, and amortization (EBITDA) for the second quarter of 2026 more than doubled to EUR 223.8 million (Q2/2025: EUR 108.2 million) reaching a double-digit EBITDA margin of 10.3 percent (Q2/2025: 5.8 percent).
