Eu

United Kingdom

€693 million financing to support UK’s subsea electricity superhighway

ScottishPower, through its parent company Iberdrola, has secured £600 million (around €693 million) in financing from the National Wealth Fund to sup…

Sri Lanka

Sri Lanka expects to finalize Russian oil purchase deal next week

March 25 Sri Lanka expects to finalize a deal to purchase Russian oil and petroleum products next week, head of the state fuel company Ceylon Petroleum Corporat…

Pumped Storage

Vietnam's first pumped-storage hydropower project secures two int'l loan deals

Vietnam Electricity (EVN) and French partners presented the loan agreements to the project developer at the EU – Vietnam Global Gateway Business and Investment…

EU

EU Approves Denmark's €5 Billion Offshore Wind Aid Scheme

The European Commission has given the green light to a €5 billion Danish state aid scheme aimed at bolstering offshore wind development.Approved under the EU&#…

Green Hydrogen

BPCL–Sembcorp JV wins India's lowest green hydrogen supply contract

March 24- NeuEN Green Energy, a ​joint venture between ‌Indian refiner BPCL, opens new tab and a unit of ​Singapore's Sembcorp Industries, opens new …

Mongolia

Mongolia wants to increase imports of oil, petroleum products from Kazakhstan

March 23 - The authorities of Mongolia and Kazakhstan have signed a memorandum of understanding with the aim of developing cooperation in the energy and mining …

Oil & Gas Supply

IEA consulting with governments on further oil stock releases

March 23- The International Energy ​Agency is consulting with governments in ‌Asia and Europe on the release of more stockpiled oil "if necessary" , ​Executi…

Armenia

Armenia secures €135m for energy grid revamp, linking to Europe

Two new financing agreements worth €135 million have been signed to support Armenia’s Caucasus Transmission Network project.The deals were signed on …

World’s First Hydrogen-Powered Cruise Ship Floats for the First Time

The float-out took place at the Fincantieri shipyard in Ancona, Italy. Viking Libra is scheduled to enter service in November 2026 and sail her inaugural season…

Oil Exploration

Hungary and Slovakia agree to build fuel pipeline

Hungary and Slovakia signed an agreement in Brussels on March 16 to construct an oil products pipeline connecting refineries owned by MOL Group in the two count…

Neste of Finland Commissions World's Largest Liquefied Waste Plastic Upgrading Facility in Porvoo, with Annual Capacity of 150,000 Tons

Neste of Finland recently announced the successful commissioning of its new liquefied waste plastic (LWP) upgrading facility at its Porvoo refinery. This projec…

CNPC Chairman Dai Houliang Meets with Turkmenistan's Deputy Prime Minister Agazhanov

Dai Houliang, Chairman of China National Petroleum Corporation (CNPC), met with Serdar Agazhanov, Deputy Prime Minister of Turkmenistan, in Beijing. The two sid…

YPF Argentina and SLB Collaborate on Training to Boost Vaca Muerta Shale Technology

The Vaca Muerta Institute (Instituto Vaca Muerta, IVM), jointly established by Argentina's national oil company, YPF, and the global energy technology servi…

Framatome's 2025 Financial Growth: French and UK EPR Projects Become Key Drivers

Framatome reported its 2025 financial results, with new orders reaching €5.924 billion and revenue at €5.399 billion, representing organic growth of 1…

France Secures EU Approval for €11 Billion Aid Plan to Boost Manufacturing of Clean Technologies Like Solar and Wind Power

The European Commission recently announced its approval of a French state aid plan worth €11 billion. This plan aims to support strategic investments in cl…