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Metal

Nickel Industries Making Money in Weak Market

Nickel Industries holds an 10% interest in the Huayue Nickel Cobalt HPAL projectIn a market that has seen few winners in recent years, Australia’s Nickel …

Oil Price

Oil Set for Third Straight Weekly Decline Amid Tariff Concerns

A view of an oil pump jack on the prairies near Claresholm, Alberta, Canada January 18, 2025.Oil prices rose marginally in Asian trade on Friday but were on tra…

Coal-Fired Power Plants

U.S. Coal Plants Get Reprieve as Market and Policies Change

The 1,577-MW Hunter power plant in Utah is among those U.S. coal-fired stations that has had its scheduled retirement date pushed back.Several U.S. utilities in…

Metal

Barrick’s Gold Reserves Rise in 2024 on Reko Diq Project

Barrick Gold’s Reko Diq project in Pakistan.Canadian miner Barrick Gold’s (TSX: ABX) overall proven and probable gold reserves jumped 23% to 17.4 mi…

Electric Vehicles

Volvo Cars Plugin Vehicle Sales Increased 17% in January

Volvo Cars sold 50,820 cars in January, with almost half of them coming with a plug. Plugin model sales were also up significantly from a year prior, growing 17…

Photovoltaic （PV）

Sharp to Withdraw Solar Business From European Market

Sharp's former headquarters in Osaka, JapanJapanese electronics manufacturer Sharp said it is withdrawing its SESE subsidiary from the European solar market…

Battery

Germany’s Tesvolt Begins Energy Trading From Pooled Commercial Batteries

Tesvolt has set up an energy trading subsidiary that will use algorithm-based trading to sell the services of a pool of 100 kWh to 10 MWh batteries.The German c…

Photovoltaic （PV）

Chile Deploys 2.14 GW of Solar in 2024

Chile installed 2.14 GW of new PV capacity in 2024, according to the latest data from the CNE. The nation installed 1.65 GW of solar in 2023.The country's t…

Wind Farm

ØRsted Cuts 2030 Investment Programme 25% Due to Rising Costs

Ørsted plans a DKr210bn ($29.1bn) to Dkr230bn investment programme from 2024 to 2030.Danish energy company Ørsted has announced a 25% reduction in…

Photovoltaic （PV）

Potentia Energy to Acquire 1GW of Renewable Assets in Australia

The renewable asset portfolio is spread across various locations in Australia.Potentia Energy has agreed to acquire controlling interests in a portfolio of more…

Metal

British Columbia Fast-Tracks 18 Mining and Energy Projects After US Tariff Threat

The projects include four mines, three energy security projects and 11 BC Hydro clean energy ventures, mainly focusing on wind power.The Government of British C…

Crude Oil

US Permian Oil Output Growth to Slow in 2025 Despite Trump’s Plan, Executives Say

A flare burns excess natural gas in the Permian Basin in Loving County, Texas, U.S. November 23, 2019. Picture taken November 23, 2019.Growth in oil output from…

Oil Pipeline

Trans Mountain Says Projects Could Expand Pipeline Capacity by 300,000 Bpd

The last section of pipeline is assembled on the Trans Mountain pipeline expansion project before operations are expected to begin in the second quarter of 2024…

Photovoltaic （PV）

Mexico Aims to Deploy 4.67 GW of Large-Scale PV by 2030

Mexican President Claudia SheinbaumMexican President Claudia Sheinbaum has unveiled the National Electric System Expansion Plan 2025-30, which is designed to ad…

Crude Oil

Singapore Distillates Stocks Surge 13% Despite Higher Net Exports

Wedoany.com Report-Feb 6, Singapore's middle distillates stocks rose 13% from last week despite higher net exports, official data showed on Thursday, amid f…