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21 Jul 26	UK: Burnham places future of North Sea in the hands of London MP Miatta Fahnbulleh Andy Burnham has replaced Ed Miliband as Energy Secretary in his first cabinet reshuffle after becoming Prime Minister, appointing first-term Labour MP Miatta Fahnbulleh to the role. Mr Miliband, who frequently clashed with the North Sea sector over his opposition to new oil and gas licences and support for the windfall tax, has instead been appointed Foreign Secretary.
21 Jul 26	UK: Burnham unveils VAT cut on electricity bills as first major policy Prime Minister Andy Burnham has announced plans to scrap VAT on domestic electricity bills from October 1, saying the move will cut the average annual household bill by around £45. The measure, unveiled on his second day in Downing Street, is expected to cost £850 million in 2026/27 and is the first in a series of economic announcements expected from the new government.
21 Jul 26	Australia: Yanara secures EUR150 million investment from Mirova to accelerate utility-scale renewable energy development in Australia Yanara, a pioneering renewable energy leader across the Asia-Pacific region, has secured EUR 150 million investment from global asset manager Mirova, an affiliate of Natixis Investment Managers dedicated to sustainable investing, to accelerate the development of its utility-scale renewable energy portfolio in Australia.
21 Jul 26	Eni and PETRONAS' Searah JV will reshape Southeast Asia's upstream landscape Eni and PETRONAS' launch of Searah, a new 50:50 strategic venture spanning 19 upstream assets across Indonesia and Malaysia, has the potential to reshape Southeast Asia's upstream sector, according to new analysis from Wood Mackenzie.
21 Jul 26	US wind greenfield outlook lifts 5% as developers target more than 53 GW of overall wind additions through 2030 The US wind industry is on track to connect more than 53 gigawatts (GW) of capacity through 2030, as a surge in construction activity prompts Wood Mackenzie to raise its five-year greenfield outlook by 5% quarter-on-quarter, according to the US Wind Energy Monitor Q2 2026 report released today by Wood Mackenzie.
21 Jul 26	Ghana: TGS signs agreement with the Petroleum Commission, Ghana, for Gulf of Guinea 2D-cubed project TGS has announced the signing of an agreement with the Petroleum Commission, Ghana, to create a new offshore 2D-cubed project across the Keta Basin, offshore Ghana, giving explorers a single, unified subsurface view of one of Africa’s most promising underexplored margins.
21 Jul 26	Norway: Statkraft reports strong second quarter results driven by higher prices Statkraft delivered strong results in the second quarter of 2026, driven by significantly higher Nordic power prices. Hydropower generation in the Nordics was lower than the same quarter last year due to a tighter hydrological situation. Strategic divestments have been completed, and cost reductions remain on track, strengthening competitiveness.
21 Jul 26	Norway: Zenith Energy completes financing in Norway Zenith Energy, the listed international energy production and development company, has completed a private placement of common shares of no par value with institutional investors in Norway. The Financing has attracted the participation of existing institutional investors to raise an aggregate total amount of approx. £2,116,000, resulting in the issuance of a total of 50,000,000 new common shares.
21 Jul 26	UK: Applications open for latest clean power auction, with eligible capacity at record levels Commenting on today’s opening of the application window for Contracts for Difference Allocation Round 8, RenewableUK CEO Tara Singh said: 'Bringing forward this auction represents an important step towards strengthening Britain’s energy security, with recent global events demonstrating yet again that the best way to reduce our exposure to fossil-fuel price shocks is by generating more of our own electricity here in the UK, at the stable prices renewables offer'.
21 Jul 26	Sintana Energy announces Latin-America updates ANCAP, the Uruguayan state-owned energy company and regulator, has agreed to a suspension of the initial exploration subperiod of the AREA OFF-1 block, offshore Uruguay, for 1 year. On 14 February 2025, Challenger Energy Group, a member of the Sintana group of companies, submitted an expression of interest for the award of an offshore hydrocarbon exploration permit under national jurisdiction in the North Argentine Basin (CAN - 200).
21 Jul 26	Norway: Vår Energi reports record financial results in the second quarter 2026 Vår Energi reports record financial results in the second quarter 2026 and announces a combination with BlueNord, building the largest independent producer of oil and gas in Europe.
21 Jul 26	Austria: bp agrees sale of Austrian mobility & convenience and EV charging businesses to volenergy AG bp has reached an agreement to sell its mobility, convenience and electric vehicle (EV) charging businesses in Austria to volenergy AG. The transaction supports bp’s plan to become a simpler, stronger and more valuable company, and reflects its continued focus on disciplined capital allocation.
20 Jul 26	UK: New government can revitalise North Sea energy industry with policy reset An early visit by Prime Minister Andy Burnham to meet North Sea energy operators and their workforce could mark a crucial turning point in government attitudes towards home-grown energy and the future of the offshore industry, says David Whitehouse, Chief Executive of Offshore Energies UK (OEUK).
20 Jul 26	Romania: Progress on the Neptun Deep project: the offshore production platform has been installed in the Black Sea OMV Petrom, the largest integrated energy producer in Southeast Europe, and S.N.G.N. ROMGAZ SA, the largest producer and main supplier of natural gas in Romania, have completed the installation of the offshore production platform for Neptun Deep, marking one of the most important milestones in the development of Romania's largest natural gas project.
20 Jul 26	Iraq: Basra Oil Company awards Halliburton contract to advance oil and gas development in Southern Iraq Halliburton has been awarded a contract by Basra Oil Company (BOC) to provide Integrated Field Management Services (IFMS) and Engineering, Procurement, and Construction Management (EPCM) for the development of the Bin Umar and Sindbad oil and gas fields in southern Iraq.
20 Jul 26	US: Magnolia Oil & Gas announces acquisition of WildFire Energy Magnolia Oil & Gas Corporation has entered into a definitive purchase agreement to acquire WildFire Energy for approx. $4.06 billion, inclusive of WildFire’s debt and subject to customary purchase price adjustments.
20 Jul 26	UK: Major milestone for Ocean Winds as Caledonia Offshore Wind Farm secures Scottish Government consent Ocean Winds, the 50/50 joint venture between EDP Renewables and ENGIE, has secured offshore consent from the Scottish Government for its two-gigawatt (GW) Caledonia Offshore Wind Farm.
20 Jul 26	UK invests in homegrown space tech to boost national resilience British businesses, universities and researchers will receive access to more than £62 million in government funding to develop homegrown space technologies, boosting the UK’s national resilience and helping protect its independence in a strategically vital sector.
20 Jul 26	Italy: Sonnedix bolsters hybrid capabilities in Italy with acquisition of 260MW battery storage portfolio Sonnedix, a global renewable energy company with 11GW of total capacity, has announced the acquisition of a 260MW battery energy storage system (BESS) portfolio in Tuscania, Italy. This deal increases the company's total BESS portfolio to approximately 2.8GW and marks a further step in one of Europe's fastest-growing energy markets.
20 Jul 26	Denmark: European Energy grid connects two battery projects totalling 152 MWh in Denmark European Energy has grid connected battery storage systems at two sites in Denmark. A 28 MW / 112 MWh system at Stouby and a 10 MW / 40 MWh system at Agersted have both entered operation, bringing the combined battery capacity across the two parks to 38 MW / 152 MWh.
20 Jul 26	Italy: ERG and Statkraft sign an agreement for the supply of over 800 GWh of wind energy in Italy ERG, a leading independent producer of energy from renewable sources, has announced that its subsidiary ERG Power Generation SpA has signed a financial Power Purchase Agreement (PPA) with Statkraft, the largest renewable energy producer in Europe, with a 'pay as produced' profile for a duration of 7 years, starting from 1 January 2027
20 Jul 26	Italy: Zenith Energy acquires biogas development company Zenith Energy has entered into a binding Letter of Intent and Exclusivity for the acquisition of 100% of the issued share capital of an Italian biogas development company, which owns the rights to develop a fully permitted and engineered biogas production facility in Italy, subject to completion of the proposed acquisition.
20 Jul 26	Denmark’s largest offshore wind farm takes shape: Half of wind turbines now installed at Thor RWE has achieved a significant milestone in the construction of the 1.1-gigawatt Thor offshore wind farm after successfully installing half of the 72 turbines off Denmark’s west coast near Jutland. First wind farm worldwide to install CO2-reduced steel towers. Further sustainable feature: recyclable rotor blades from Siemens Gamesa.
20 Jul 26	Iraq: ShaMaran provides operational update ShaMaran Petroleum has announced that production and pipeline exports at the Atrush and Sarsang fields in Iraq have been temporarily shut-in due to the deterioration of the regional security environment
20 Jul 26	Iraq: Gulf Keystone announces update on Shaikan field operations Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq, has announced that it has temporarily shut-in production operations as a safety precaution due to the developing regional security environment