AI-assisted international press reviewPress review

Iberdrola to Invest €20 Billion in the UK by 2028

The meeting between Rachel Reeves and Ignacio Galán in Madrid highlights Iberdrola's commitment to the UK, with a strategic investment of €20 billion planned by 2028. This amount will primarily be allocated to modernizing electrical networks, a crucial issue for the electrification of the economy and the country's energy security.

Source: Iberdrola, published under the title "Rachel Reeves, the UK Secretary of State for Business, meets..." - 18 March 2026

Equinor Strengthens Helicopter Fleet in Bergen with New Contract

Equinor has awarded a contract to Bristow Norway AS for helicopter services in Bergen, Norway. This contract, valued at approximately 1.1 billion NOK, will commence on May 1 and will include two S-92 helicopters for offshore transport from Flesland Airport. With this new agreement, Equinor, which operates around 5,000 helicopter flights annually, ensures operational continuity by maintaining two existing helicopters while collaborating with other operators.

Source: Equinor, published under the title "Equinor strengthens helicopter capacity in Bergen" - 18 March 2026

Oil Discovery Strengthens Development of Johan Castberg Field

Equinor announces a new oil discovery in the Johan Castberg field, with estimates of 14 to 24 million recoverable barrels. This advancement is part of a continuous exploration strategy, aiming to drill one to two wells per year to increase resources and extend production. The initial volume of the field is 500 to 700 million barrels, with a significant increase target. Construction of the Isflak discovery has also begun, marking a key milestone in the development of this region.

Source: Equinor, published under the title "New oil discovery strengthens the development of Johan Castb..." - 18 March 2026

Iberdrola to Hold Its Annual General Meeting on May 29

Iberdrola, a major player in the energy sector, has announced that it will hold its Annual General Meeting on May 29. This event will provide an opportunity for investors to discuss the company's performance and development prospects, particularly in the context of the energy transition and sustainability initiatives.

Source: Iberdrola, published under the title "Iberdrola calls its General Shareholders' Meeting for 29 May" - 18 March 2026

Enel Announces Purchase of 13.27 Million Own Shares in March 2026

Enel S.p.A. has revealed the acquisition of 13.27 million own shares between March 9 and 13, 2026, as part of a buyback program aimed at providing additional remuneration to shareholders. The average purchase price is set at €9.3459 per share, totaling €124 million. Since the start of the program, the company has repurchased over 51 million shares, bringing its total holding to nearly 188 million own shares.

Source: Enel, published under the title "Enel informs about the purchase of treasury shares between M..." - 18 March 2026

TotalEnergies Begins Production at Quiluma Gas Field in Angola

TotalEnergies has launched production at the Quiluma gas field in Angola, marking a significant advancement in the country's gas resource development. With a planned output of 330 million cubic feet per day, this project is essential for the gas supply to the Angola LNG plant, which serves European and Asian markets. This initiative underscores Angola's commitment to becoming a key player in the global LNG sector.

Source: Totalenergies, published under the title "Angola: Start-up of the New Gas Consortium Quiluma Offshore ..." - 17 March 2026

Iberdrola: Scholarships for Employability and Innovation in Energy

The Iberdrola scholarships, presented by His Majesty the King, illustrate the company's commitment to education and youth employability in the energy sector. This program, which includes training in smart grids and artificial intelligence, is part of a broader strategy aimed at recruiting 15,000 professionals by 2028 and investing heavily in innovation and sustainable development.

Source: Iberdrola, published under the title "His Majesty the King presents the Iberdrola Scholarships, wh..." - 16 March 2026

Middle East Conflict: Impact on TotalEnergies Operations

The conflict in the Middle East is leading to a significant reduction in TotalEnergies' production, affecting 15% of its total output, primarily in Iraq and Qatar. However, onshore production in the UAE remains intact. Barrels from the region, subject to high taxation, impact cash flow, but a rise in oil prices could offset these losses. Satorp refinery operations continue to run normally, supplying the Saudi market.

Source: Totalenergies, published under the title "Impact of Middle East conflict on TotalEnergies Activities" - 14 March 2026

CETY and METIS Power: A Modular Solution to Transform Agricultural Waste into Energy

Clean Energy Technologies, a specialist in energy recovery solutions for waste, and METIS Power, a provider of energy production and storage systems, are partnering to develop a modular energy recovery solution that integrates advanced technologies to generate energy from various waste streams. This initiative aims to enhance energy resilience in rural areas of North America while reducing waste transport and disposal costs. Both companies will showcase their innovation at the International Biomass Conference in August 2026.

SEPEHR ACHARD, Source: Igronews, published under the title "CETY and METIS Power Develop Modular Waste-to-Energy Solutio..." - 13 March 2026

Iberdrola Launches Bid to Acquire Neoenergia in Brazil

Iberdrola has officially submitted a public offer to acquire 100% of Neoenergia, its Brazilian subsidiary, targeting 16.2% of its capital. The proposed price is 32.5 reais per share, adjusted according to the Brazilian interest rate and dividends. This transaction aims to strengthen Iberdrola's position in the Brazilian electricity sector, where Neoenergia is a major player, supplying electricity to 40 million customers across several states.

Source: Iberdrola, published under the title "Iberdrola registers bid to acquire 100% of its Brazilian sub..." - 12 March 2026

TotalEnergies Restarts Production at Mabruk Oil Field in Libya

TotalEnergies has announced the restart of production at the Mabruk oil field in Libya, marking a significant milestone after several years of production halt. With a new unit capable of producing 25,000 barrels per day, this project reflects the company's commitment to the country as it celebrates 70 years of presence. This development is part of a broader strategy aimed at increasing production while adhering to environmental standards, with a growth target of 3% per year until 2030.

Source: Totalenergies, published under the title "Libya: TotalEnergies Announces the Restart of Production at ..." - 12 March 2026

Launch of the Lapa South-West Project by TotalEnergies in Brazil

On March 11, 2026, TotalEnergies announced the launch of the Lapa South-West project, located in the Santos Basin, 300 km off the coast of Brazil. This project, which includes three wells connected to the existing FPSO unit, will increase production by 25,000 barrels per day, aligning with the company's strategy to achieve 3% annual growth until 2030. TotalEnergies continues to expand its portfolio in Brazil, with future projects such as Atapu-2 and Sépia-2, while investing in renewable energy.

Source: Totalenergies, published under the title "Brazil: Start-up of Lapa South-West" - 11 March 2026

Enel Announces Purchase of 35.5 Million Shares in March 2026

Enel S.p.A. has revealed the acquisition of 35.5 million shares between March 2 and 6, 2026, as part of a buyback program aimed at enhancing shareholder returns. The average purchase price was set at €9.51 per share, totaling over €338 million. This initiative is part of a broader capital management strategy, with a total of 38.3 million shares repurchased since the program's inception.

Source: Enel, published under the title "Enel informs about the purchase of treasury shares between M..." - 11 March 2026

Equinor Announces Two New Hydrocarbon Discoveries in the North Sea

Equinor has recently announced significant hydrocarbon discoveries in the North Sea, with oil found in the Troll area and gas in the Sleipner zone. The Byrding C discovery, located near the Fram field, could contain up to 8 million recoverable barrels of oil, while the Frida Kahlo discovery, drilled from the Sleipner B platform, is estimated at 9 million barrels of gas and condensate equivalent. These discoveries, made in areas with well-developed infrastructure, are crucial for maintaining energy supplies in Europe.

Source: Equinor, published under the title "Two new discoveries in the North Sea" - 10 March 2026

ScottishPower and the University of Glasgow: A Partnership for Cybersecurity

The partnership between ScottishPower Energy Networks and the University of Glasgow aims to establish a cybersecurity defense lab, funded by advanced research programs. This strategic collaboration focuses on developing the digital and cybersecurity capabilities necessary to strengthen the UK’s electricity network while supporting the country’s decarbonization goals.

Source: Iberdrola, published under the title "ScottishPower and the University of Glasgow announce new col..." - 10 March 2026

ExxonMobil Recommends Moving Headquarters from New Jersey to Texas

The ExxonMobil Board of Directors unanimously voted in favor of relocating the company's headquarters from New Jersey to Texas, emphasizing that this decision aims to better align the legal domicile with the location of operations and management, which is expected to bring benefits to shareholders.

Source: Exxonmobil, published under the title "ExxonMobil Board unanimously recommends redomiciling the com..." - 10 March 2026

Neoenergia's Investment in Culture: Nearly One Million Euros for Local Projects

Neoenergia, a subsidiary of the Iberdrola group, partners with the Brazilian Ministry of Culture to launch the Rouanet program, which will invest nearly one million euros in cultural projects. This program aims to expand access to cultural funding in historically underserved regions, supporting at least 30 initiatives to enhance artistic production outside major urban centers and promote cultural diversity in Brazil.

Source: Iberdrola, published under the title "Neoenergia and the Ministry of Culture (MinC) to invest near..." - 10 March 2026

FPL Achieves Over $1 Billion in Fuel Savings for Customers by 2025

Florida Power & Light Company announced it has achieved over $1.2 billion in fuel cost savings for its customers by 2025, thanks to strategic investments in modern and efficient energy technologies. These efforts have helped reduce customer bills while ensuring reliable and affordable electricity, with a focus on renewable energy and upgrading existing infrastructure.

Source: Nextera Energy, published under the title "Florida Power & Light surpasses $1 billion in annual fuel sa..." - 10 March 2026

Enel Strengthens Electric Charging Infrastructure in Italy with 3,730 Installed Points

Enel has completed the installation of 3,730 fast charging points in Italy as part of the National Recovery and Resilience Plan (PNRR). These installations, spread across five regions, aim to support the energy transition and promote a sustainable transport ecosystem. A new phase plans to add 1,200 charging points, bringing the total to around 5,000, with a particular focus on southern Italy.

Source: Enel, published under the title "Electric mobility: Enel, 3,730 charging points installed thr..." - 10 March 2026

TotalEnergies Releases Independent Assessment of Tilenga Project in Uganda

TotalEnergies' Tilenga project in Uganda, which has acquired over 2,100 acres of land, has undergone an independent assessment confirming the compliance of the acquisition and resettlement program. With 99% of compensations settled, an action plan will be implemented to support affected households and ensure transparency in grievance management and community engagement.

Source: Totalenergies, published under the title "Tilenga Project: TotalEnergies Publishes Independent Assessm..." - 7 March 2026