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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…
Taean Coal Plant Closure Triggers Local Economic Backlash
The Taean Coal-Fired Power Plant Unit 1 in South Chungcheong Province, which has produced enough electricity to power 900,000 households for a year, ceased oper…
Average annual prices for coking coal in 2025 fell by 21-27%
In Australia, coking coal (Australia, FOB) was valued at $215.73/t in mid-December this year, up 5.6% compared to December 2024 and 7.3% compared to the previou…
Crude Oil
CNOOC's Offshore Gas Field Cluster Around Hainan Island Achieves Annual Oil and Gas Equivalent Output Exceeding 10 Million Tons
On December 30, CNOOC announced that the cumulative oil and gas equivalent production of its offshore gas field cluster around Hainan Island in 2025 has exceede…
Photovoltaic (PV)
Tata Power Renewable Energy Commissions 1 GW Solar Project in Rajasthan
Tata Power Renewable Energy Limited (TPREL) has announced that a 1 GW solar project it built in the Indian state of Rajasthan has commenced commercial operation…
United States
Nvidia Plans to Acquire Israeli AI Startup AI21 Labs for Up to $3 Billion
According to reports, Nvidia is in advanced negotiations to acquire Israeli artificial intelligence startup AI21 Labs, with the deal potentially valued at up to…
Turkey
Turkey's Grain Production Plummets in 2025
According to data from the Turkish Statistical Institute (TUIK), the country's total wheat production in 2025 has dropped to 17.9 million tons, a decrease o…
Crude Oil
Egyptian Petroleum Minister Inspects First Exploration Well Operations at New Oil Field in Gulf of Suez
Egypt's Minister of Petroleum and Mineral Resources, Karim Badawi, recently visited the Gulf of Suez region to inspect the drilling progress of Well No. 133…
United States
Intel Completes Sale of $5 Billion Worth of Common Stock to Nvidia
Intel completed the sale of 214.8 million shares of common stock to Nvidia on December 26, 2025, for $5 billion. The shares were priced at $23.28 per share. Thi…
Metal
Silver Prices Plunge Sharply, Marking Largest Single-Day Drop in Years; Gold Prices Also Retreat from Highs
Silver prices experienced a significant correction on Monday, recording their largest single-day drop since 2021. Spot silver prices retreated from their histor…
China
China's Hazardous Chemicals Safety Law Officially Passed! Effective from May 1, 2026, Here Are the Changes
Major news has just come from the 19th Meeting of the Standing Committee of the 14th National People's Congress – on December 27, the meeting voted to…
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