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BP Agrees to Sell 65% Stake in Castrol for $10 Billion

Recently, BP announced that it has reached an agreement with Stonepeak to sell a 65% stake in Castrol to Stonepeak for $10 billion.BP stated that upon completio…

15 Years! RWE Signs Long-Term Power Purchase Agreement with American Electric Power Indiana Michigan

RWE recently announced its collaboration with American Electric Power Indiana Michigan through a 15-year long-term power purchase agreement. The electricity wil…

Indonesia coal exports fall Jan–Nov on weak demand, policy uncertainty

Indonesia’s coal exports fell in the first 11 months of 2025 as demand weakened in key markets such as China and India, while policy uncertainty at home w…

Shanghai Electric Power Genneration Group Secures Equipment Order for Indonesia's 3X710MW Project

At the beginning of the new year, Shanghai Electric Power Genneration Group successfully secured a key equipment supply order for a major power plant project in…

Ford's U.S. Sales Grow 6% in 2025

On January 6, Ford Motor Company released its 2025 sales data for the U.S. market. The data shows that the company's total annual sales reached 2,204,124 ve…

Spain Invests Over €800 Million to Support Energy Storage Projects

The Spanish Ministry for Ecological Transition and the Demographic Challenge recently announced the selection of 126 energy storage projects that will receive a…

Photovoltaic （PV）

Guinea Conakry PV-Storage-Diesel Microgrid Project Completed and Put into Operation

Recently, a PV-storage-diesel microgrid project in Conakry, the capital of Guinea, completed its trial run and was officially delivered and put into commercial …

U.S. Department of Energy Awards Grant to Support Preliminary Work on Alaska Chignik Hydroelectric Project

Recently, the U.S. Department of Energy's Office of Clean Energy Demonstrations provided an early grant of nearly $65,000 to the Alaska Chignik Hydroelectri…

Chevron produces first oil at South N’dola platform in Angola

Chevron produced its initial oil at its South N’dola offshore platform in Angola, a major step reached slightly more than two years after construction com…

1,200 MW Kalai-II Hydropower Project In Arunachal Pradesh Gets Central Environment Panel's Nod: Report

The 1,200 MW Kalai-II hydroelectric project on the Lohit River in Anjaw district of Arunachal Pradesh has received the environmental clearance from a Union Envi…

Latvia’s 112 MW Augstkalni wind farm remains on schedule for full commissioning by late 2026

The boom of the renewable energy sector is reaching new levels in 2026, with a litany of nations outlining plans to develop new and pioneering renewable energy …

Vietnam oil & gas firms post record profits in 2025

Binh Son Refining and Petrochemical JSC (HoSE: BSR), operator of the Dung Quat oil refinery, said output was estimated at nearly 7.91 million tons, with revenue…

MGen earmarks P1B for Toledo coal plant development

The power generation arm of Manila Electric Co. (Meralco) has earmarked P1 billion this year to develop its planned coal-fired power plant in Toledo, Cebu, as t…

Philippines coal demand seen growing 15% by 2030

Despite its energy transition efforts, the Philippines is projected to remain one of Southeast Asia’s largest coal consumers through 2030, according to th…

Slovenia's net electricity output falls 2% y/y in Nov

Compared with the previous month, net electricity output increased 63%, the statistical office said in a statement, citing provisional data on Monday.In Novembe…