Eu

Hydropower Plant

Statkraft Eyes a $380M Upgrade for Nore Hydro Plants

Statkraft, Europe’s leading renewable energy producer, has applied for a license to upgrade the Nore hydropower plants in Nore and Uvdal, Buskerud, Norway…

Germany

Telekom Deutschland Selects Compax to Support ‘Telco-As-A-Service’ Rollout

Telekom Deutschland, a subsidiary of Deutsche Telekom, announced its partnership with Compax to develop a new Telco-as-a-Service (TaaS) platform. This collabora…

Natural Gas

Occidental Reports Quarterly Profit Beat on Strong Output, Natural Gas Prices

Occidental Petroleum announced on Wednesday that its first-quarter profit for 2025 exceeded Wall Street expectations, driven by robust production and favorable …

Renewable Diesel

Marathon Reports Improved Q1 Earnings for Renewable Diesel

Marathon Petroleum Corp. announced on May 6, 2025, that its renewable diesel segment achieved improved first-quarter EBITDA, driven by higher facility utilizati…

Crude Oil

Exxon Plans $1.5 Billion Investment in Nigerian Oilfield

ExxonMobil, a global energy company, plans to invest $1.5 billion in its deepwater operations in Nigeria, according to the Nigerian Upstream Petroleum Regulator…

China

China Adds 75 International Air Cargo Routes in First Four Months, Nearly 90% to Asia, Europe

In the first four months of 2025, China introduced 75 new international air cargo routes, with nearly 90 percent connecting to Asia and Europe, according to the…

Electric Vehicles

BYD Takes the Spotlight in the Heart of Europe After Sales Surge by +750% in April

China’s leading electric vehicle manufacturer, BYD, has significantly outpaced Tesla in sales in Germany and the UK during April 2025, marking a strong st…

United States

Bayer to Exit US Seed Treatment Equipment Business, Email Says

Bayer, a German company specializing in pharmaceuticals and agricultural pesticides, has announced its decision to exit the seed treatment equipment business in…

Photovoltaic （PV）

Irish Distributed Solar Hits 66 GWh of Electricity in April, Setting New Record

In April 2025, Ireland’s small-scale solar output reached a new record of 66 GWh, enough to power the monthly average demand of around 188,000 homes. This…

Power Construction

Europe’s Grid Requires Significant Investment to Avoid Blackouts

A widespread blackout across Spain and Portugal on April 28, 2025, has underscored the pressing need to modernize Europe’s aging power grid. With much of the i…

Offshore Wind Power

ØRsted Divests Stake in 389 MW UK Offshore Wind Farm for GBP 456 Million

Ørsted has sold a 24.5% stake in the 389 MW West of Duddon Sands offshore wind farm, located in the Irish Sea, to funds managed by Schroders Greencoat. T…

Green Hydrogen

MT Group Inks €10M Green Hydrogen Deal

MT Group, an energy industry contractor, has secured a €10 million engineering, procurement, and construction contract to build the first green hydrogen pr…

LNG

Germany’s Third LNG Terminal Drawing Closer to Startup

A floating storage and regasification unit (FSRU), named Excelsior, has arrived in Wilhelmshaven, Germany, to become part of a liquefied natural gas (LNG) termi…

Metal

Zeus Resources Divests Mortimer Hills Lithium Project to Delta Lithium Subsidiary

Australian miner Zeus Resources has finalized a binding asset sale agreement with Electrostate, a subsidiary of Delta Lithium, to sell its 100% interest in the …

Nuclear Power Plant (NPP)

Beloyarsk Issued With Licence for Bn-1200 Reactor

Russia’s nuclear regulator, Rostechnadzor, has approved the construction of the fifth unit at the Beloyarsk nuclear power plant, featuring a BN-1200 fast …