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Representative image of an offshore oil platform and LNG carrier at sunset, reflecting TotalEnergies SE’s 2025 earnings performance and 2026 strategy focused on low-cost upstream growth, LNG expansion, and resilient energy cash flows.

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Equinor activates ultra-deepwater drilling with the Valaris DS-17 drillship at Raia as Brazil's natural gas supply gap draws international capital.

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Lyten to acquire Northvolt’s Swedish and German battery plants and IP in $5bn deal

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Energy Industry News

Lyten to accelerate Europe’s battery resurgence with $5bn Northvolt asset acquisition

U.S. lithium–sulfur startup Lyten acquires Northvolt’s Swedish and German battery assets and IP, reviving over 31 GWh of capacity and Europe’s clean tech ambitions.

byPallavi Madhiraju

August 12, 2025

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