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Oil Price
JP Morgan Cuts Oil Price Forecasts on Weak Demand, Higher Output
JP Morgan recently revised its oil price forecasts for 2025 and 2026, pointing to increased OPEC+ production and reduced global demand. The bank lowered its 202…
Renewable Diesel
Declining Prices Clear Way for Brazil to Raise Biodiesel Blend to 15%, Industry Group Says
Brazil is poised to raise its mandatory biodiesel blend in diesel from 14% to 15%, according to Daniel Amaral, director of economics and regulatory affairs at A…
Oil Field
BP Makes New Oil Discovery off US Gulf Coast
On Monday, BP announced a new oil discovery in the Far South field, located in the U.S. Gulf of Mexico. The exploration well, drilled in Green Canyon Block 584,…
Coal Trade
China’s March Coal Imports Sink 6% as Domestic Prices Slide
China's coal imports in March totaled 38.73 million metric tons, a 6% decrease from 41.38 million tons in March 2024, according to the General Administratio…
Crude Oil
China’s Crude Oil Imports Highest Since August 2023 on Iranian Surge
China's crude oil imports in March reached 51.41 million metric tons, equivalent to 12.1 million barrels per day (bpd), according to data released by the Ge…
Crude Oil
Chevron Must Return Venezuelan Oil Before Sanctions Deadline, Sources Say
Chevron Corp. has been directed to return nearly 1 million barrels of oil to Venezuela’s state-owned company, Petroleos de Venezuela SA (PDVSA), affecting…
Nuclear Fusion
Frazer-Nash, First Light Target Fusion Pathway
On February 10, 2025, in London, UK-based Frazer-Nash Consultancy and First Light Fusion, a company specializing in inertial fusion energy, signed a non-exclusi…
Electric Vehicles
Geely’s Galaxy Begins Presale of Xingyao 8 Phev Model, Starting at 139,800 Yuan
On April 10, Geely Auto’s Galaxy brand launched presales for the Xingyao 8, a mid-to-large plug-in hybrid sedan, at its headquarters in Hangzhou. The mode…
Floating Offshore Wind
Gazelle to Deploy Floating Wind Demonstrator
Gazelle Wind Power has received approval to deploy a 2 MW floating wind demonstrator off the coast of Agucadoura, Portugal. The Portuguese authorities have gran…
Nuclear Power Plant (NPP)
Cold Testing Completed at Changjiang Unit 3
Huaneng Hainan Changjiang Nuclear Power has successfully completed cold hydrostatic testing at unit 3 of the Changjiang nuclear power plant in Hainan province, …
Gas Pipeline
TC Energy Rules Out Sale of Canadian Mainline Pipeline
TC Energy Corp.’s Chief Executive Officer, Francois Poirier, has confirmed that the company will not sell its Canadian Mainline natural gas pipeline, a vi…
Power Construction
Eirgrid Unveils €1BN Plan for Ireland’s Offshore Grid Development
Ireland’s transmission system operator, EirGrid, has announced a €1 billion ($1.1 billion) procurement program to develop an offshore electricity gri…
Nuclear Power Plant (NPP)
Ukraine Seeking Solutions for Damaged Chernobyl Confinement Vessel, Minister Says
On Saturday, Ukraine’s Minister of Environmental Protection and Natural Resources, Svitlana Hrynchuk, addressed efforts to repair damage to the containmen…
Geothermal Power Project
Bill on Repurposing Oil and Gas Wells to Geothermal Passed in New Mexico, US
New Mexico Governor Michelle Lujan Grisham has signed House Bill 361, establishing a framework to repurpose existing oil and gas wells for energy storage or geo…
LNG
Another Permit in Place for America’s ‘First’ Offshore LNG Export Project
Delfin Midstream, a U.S.-based company developing LNG export infrastructure, has secured a key permit for its Delfin LNG project in Louisiana and offshore in th…

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JP Morgan Cuts Oil Price Forecasts on Weak Demand, Higher Output

Declining Prices Clear Way for Brazil to Raise Biodiesel Blend to 15%, Industry Group Says

BP Makes New Oil Discovery off US Gulf Coast

China’s March Coal Imports Sink 6% as Domestic Prices Slide

China’s Crude Oil Imports Highest Since August 2023 on Iranian Surge

Chevron Must Return Venezuelan Oil Before Sanctions Deadline, Sources Say

Frazer-Nash, First Light Target Fusion Pathway

Geely’s Galaxy Begins Presale of Xingyao 8 Phev Model, Starting at 139,800 Yuan

Gazelle to Deploy Floating Wind Demonstrator

Cold Testing Completed at Changjiang Unit 3

TC Energy Rules Out Sale of Canadian Mainline Pipeline

Eirgrid Unveils €1BN Plan for Ireland’s Offshore Grid Development

Ukraine Seeking Solutions for Damaged Chernobyl Confinement Vessel, Minister Says

Bill on Repurposing Oil and Gas Wells to Geothermal Passed in New Mexico, US

Another Permit in Place for America’s ‘First’ Offshore LNG Export Project