Trending News: Technology’s impact on strategic planning and executionCo-pilot, not autopilot – How industry sees AI’s role in industrial gasesSJVN Standalone Net Profit Rises To INR 736.73 Crore in Q2 FY27Adyant Alpha Power Signs 110 MW Wind PPA With SJVN, Taking Datta Infra Group Portfolio Beyond 600 MWNERSA Invites Public Comments On Proposed Amendments To Independent Transmission Providers’ Cost Recovery Rules In South AfricaTamil Nadu Targets 2.5 GW BESS Deployment With 100% Transmission And Wheeling Charge WaiverJatin Kumar Nayak Takes Charge As the Chairman And Managing Director Of IREDAEuropean Gas Tops 101 Euros for First Time Since 2022BP Quadruples Profit to Record as War Boosts Refining and TradingBrent Hits $117 as Tanker Catches Fire in Strait of HormuzJapan to Tap $7 Billion from Government Fund to Subsidize Gasoline PricesLinde leaves door open to Lincare sale amid earnings pressureRussian helium production to reach 1.1 Bcf in 2026Houthis Claim Fresh Strikes on Saudi 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Access For Pumped Storage Plants To Boost Grid FlexibilityAdani Wind Secures 696.2 MW Turbine Orders From Five Power Producers In IndiaShoto And ACME Complete Commissioning Of 100 MW/400 MWh Battery Energy Storage Project In RajasthanCEA Seeks Manufacturer Readiness Data For Advanced 400 kV And 765 kV Transmission TechnologiesZambia Targets 10,000 MW Power Generation Capacity By 2031 As Energy Reforms Boost GrowthIndia Highlights 308 GW Non-Fossil Capacity At Singapore International Energy Week 2026GE Vernova To Acquire Trench Group For $9 Billion To Expand High-Voltage Grid Equipment BusinessEquinor Raises Oil and Gas Output Forecast as Operating Profit DoublesKHNP ends negotiations with construction consortium for Czech unitsTurkish oil refiner to consider SMR deploymentWestinghouse to conduct key study for AP1000 in SlovakiaAntares, BWXT in TRISO fuel procurement dealGermany narrows search for radioactive waste repository locationPetroChina Q3 Profit Jumps to $7.78 BillionBahri 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Sat. Oct 31st, 2026
Trending News: Technology’s impact on strategic planning and executionCo-pilot, not autopilot – How industry sees AI’s role in industrial gasesSJVN Standalone Net Profit Rises To INR 736.73 Crore in Q2 FY27Adyant Alpha Power Signs 110 MW Wind PPA With SJVN, Taking Datta Infra Group Portfolio Beyond 600 MWNERSA Invites Public Comments On Proposed Amendments To Independent Transmission Providers’ Cost Recovery Rules In South AfricaTamil Nadu Targets 2.5 GW BESS Deployment With 100% Transmission And Wheeling Charge WaiverJatin Kumar Nayak Takes Charge As the Chairman And Managing Director Of IREDAEuropean Gas Tops 101 Euros for First Time Since 2022BP Quadruples Profit to Record as War Boosts Refining and TradingBrent Hits $117 as Tanker Catches Fire in Strait of HormuzJapan to Tap $7 Billion from Government Fund to Subsidize Gasoline PricesLinde leaves door open to Lincare sale amid earnings pressureRussian helium production to reach 1.1 Bcf in 2026Houthis Claim Fresh Strikes on Saudi Oil Refineries and Aramco FacilitiesHigh Oil Prices Set to Trigger New Wave of North Sea MergersWall Street Banks Raise Oil Price Forecasts as Supply Fears DeepenBodies Discovered After Rig Sinks Offshore GabonBiogenic CO2 sales could cut biomethane subsidy needs by a third, finds reportExxon, Chevron Executives Cancel Gulf Visit Over Security ConcernsOil Prices Head for Fourth Monthly Gain as Middle East Tensions EscalateBP Posts Highest Quarterly Profit in 18 YearsGreen Energy Stocks Decline Despite Sensex Gaining 0.4% On October 30VinEnergo Seeks Environmental Clearance For Two Floating Solar Projects Worth $418 Million In VietnamShumbasolve Launches 6.35 MW Solar Project At South Africa’s Highveld Industrial ParkVideo | “The next helium molecule doesn’t have to come out of the ground”Linde reports 15% growth in electronics end marketQatar becomes largest buyer of US LNG after back-to-back dealsQatar becomes largest buyer of US LNG after back-to-back dealsWUC Invites EOI for Floating Solar Projects Across Reservoirs And Dams In BotswanaCyberattack Forces 103 MW Huatacondo Solar Farm And Battery Storage Offline In ChileEurope to Release 42 Million Barrels of OilMexico’s Richest Man Sells $1.15 Billion in Oil StocksGame of Thrones actor aims to highlight Chernobyl’s need for international supportDoosan to manufacture upper reactor vessel for NuScale SMRCernavoda units remain shut down due to Danube water levelsFloating nuclear power plant ‘has boosted air quality’Framatome inaugurates chromium-coating facilitySinopec Third-Quarter Profit Jumps 64% as Oil Prices ClimbShell Profits Nearly Double to $10.8 Billion as Refining Margins Hit RecordTotalEnergies Profit Doubles as War Boosts Refining and TradingIran War Hikes EU’s Oil Import Bill By $11 Billion Per MonthUK National Grid to Extend France Power Link Operation to 2050Trafigura Signs New Gas Supply Deal with German SEFEDOE Closes $5.1B Loan Package for Alliant’s Iowa, Wisconsin Gas Power and Battery Storage BuildoutLinde raises helium prices in Q3Linde sees no near-term recovery in European industrial demandAI key driver of Air Liquide’s advanced materials growthEU Scrambles to Contain Energy Price Crisis Ahead of WinterEU Rules Out New Climate Finance Pledges at COP31Equinor Doubles Estimate for Major North Sea Gas DiscoveryWhat Would a Midterm Democrat Sweep Mean for USA Oil, Gas?Zimbabwe Clean Energy Week 2026 Draws Closer as Industry Leaders Prepare to Meet in Harare  KSERC Caps Short-Term Power Procurement At INR 8 Per Unit, Approves 164.16 MU In KeralaUPERC Approves 300 MW Round-The-Clock Renewable Energy Procurement For Noida Power CompanyAir Liquide weighs industrial restructuring as European chemicals struggleMalaysia’s 200 MW Chereh Floating Solar Project Advances with Construction Launch and MYR 580 Million FundingPVH Showcases AxoneDuo Infinity Solar Tracker at REI Expo 2026, Strengthens Engagement with Indian Solar Industry  Linde reports Q3 sales of $9.4bnHow Trump’s Russian Diesel Could End Up in Cuba InsteadOil Prices Fall as Vance Moves to Restart Iran Peace TalksGreen Energy Stocks Rally As Sector Gains Momentum In Indian Stock Market (29 October 2026)Electronics accounts for 42% of Air Liquide’s €6.2bn backlogScatec Secures $217 Million Financing For 569 MW Solar And 100 MWh BESS Project In EgyptVideo | Helium outlook: “More bad news before we see any good news”JinkoSolar Marks 20 Years with Global Tech Day and the Launch of Tiger Neo 5.0NVVN Invites Bids For 7.055 MW Rooftop Solar Projects In West Bengal And BiharShell Approves $5B Buyback as Refining Boosts ProfitACME Solar Signs 400 MW FDRE Power Purchase Agreement With NTPC At INR 4.37 Per UnitAir Liquide sales rise as electronics growth hits 12%Hoymiles Launches MiS 6-in-1 Microinverter in India: One Unit, Up to Six Panels, Built for Indian RooftopsUBS Sees $110 Brent by Year-End as Gulf Flows Stay Below Prewar LevelsGE Vernova Expands in High-Voltage Grid Gear With Trench DealRajasthan To Pilot India’s First 250 kW Sodium-Ion Battery Storage SystemGreen Climate Fund Approves US$140 Million For Green Hydrogen Projects In Namibia And South AfricaSECI Invites Bids For 4 MW Solar Project On Delhi-Saharanpur National HighwayOyster Renewable Lays Foundation Stone For Phase 2 Of Wind-Solar Hybrid Project In Madhya PradeshHERC Puts Eleven Power’s Distribution Licence on Hold Following Haryana Government Directive“India’s Energy Storage Market Is Set for Strong Growth Over the Next 3–5 Years”: William Gui, Sineng ElectricJSW Energy Approves Fundraising of Up to INR 11,000 Crore to Support 30 GW Capacity Target by 2030JSW Energy Reports 38% PAT Growth To INR 1,141 Crore In Q2 FY27 As Capacity Reaches 15,147 MWSECI Issues Tender For 4 GW/16 GWh BESS Projects In Rajasthan And Gujarat With VGFKaramtara Engineering Secures INR 1,199 Crore Orders Across Transmission and Renewable Energy BusinessesNLC India Renewables Secures 300 MW Wind Power Project In GujaratCERC Proposes HP-DAM Access For Pumped Storage Plants To Boost Grid FlexibilityAdani Wind Secures 696.2 MW Turbine Orders From Five Power Producers In IndiaShoto And ACME Complete Commissioning Of 100 MW/400 MWh Battery Energy Storage Project In RajasthanCEA Seeks Manufacturer Readiness Data For Advanced 400 kV And 765 kV Transmission TechnologiesZambia Targets 10,000 MW Power Generation Capacity By 2031 As Energy Reforms Boost GrowthIndia Highlights 308 GW Non-Fossil Capacity At Singapore International Energy Week 2026GE Vernova To Acquire Trench Group For $9 Billion To Expand High-Voltage Grid Equipment BusinessEquinor Raises Oil and Gas Output Forecast as Operating Profit DoublesKHNP ends negotiations with construction consortium for Czech unitsTurkish oil refiner to consider SMR deploymentWestinghouse to conduct key study for AP1000 in SlovakiaAntares, BWXT in TRISO fuel procurement dealGermany narrows search for radioactive waste repository locationPetroChina Q3 Profit Jumps to $7.78 BillionBahri Profit Hits $1.36 Billion as the World Scrambles for TankersQatarEnergy Extends LNG Force Majeure to End of 2026China’s Refiners Turn to Africa and Brazil Crude as Freight Rates Ease
Sat. Oct 31st, 2026

Statkraft Halts New Green Hydrogen Development Amid Market Uncertainty

Statkraft has announced it will stop pursuing new green hydrogen development projects due to growing market uncertainty, marking a strategic shift in its approach to hydrogen investments.

The company has built significant expertise and advanced a portfolio of green hydrogen projects across key European markets, including Norway, Sweden, the UK, Germany, the Netherlands, and Italy. While new development will cease, Statkraft plans to continue maturing selected projects within its existing portfolio.

Several of these projects have secured external funding opportunities. Statkraft is actively engaging with authorities to ensure these initiatives can move forward with the support of potential investors. The decision reflects the company’s intent to take a more measured approach to hydrogen development, focusing on securing long-term project value amid shifting market conditions.

“After reducing the ambition level on green hydrogen development last year, we are experiencing even more uncertainty in the market. Therefore, Statkraft has decided to stop new development of green hydrogen and going forward we will prioritise growth opportunities in other technologies, and market operations,” said Birgitte Ringstad Vartdal, President and CEO of Statkraft.

 

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