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Natural Gas
North Sea Operator Takes Steps to Boost Its Stake in UK’s Largest Gas Field
Ithaca Energy, a UK North Sea oil and gas operator, has signed an agreement to acquire an additional 46.25% operated interest in the Cygnus gas field from Spiri…
Crude Oil
India Plans to Spend $10B on Homebuilt Oil Tanker Fleet
India plans to invest 850 billion rupees (approximately $10 billion) through 2040 to acquire 112 crude oil carriers, according to sources familiar with the matt…
Offshore Wind Power
Equinor, Polenergia Take FID on Baltyk 2&3
Equinor and Polenergia have finalized investment decisions for the Bałtyk 2 and Bałtyk 3 offshore wind projects in Poland, with a combined capacity of 1440 MW…
Battery
CATL Goes Public on Hong Kong Stock Exchange
On May 20, 2025, Contemporary Amperex Technology Co. Limited (CATL) listed on the Main Board of the Stock Exchange of Hong Kong Limited under the ticker 03750.H…
Biofuel
Indonesia to Raise Crude Palm Oil Export Levy to Fund Biodiesel, Replanting Initiatives
The Indonesian government has announced an increase in the export levy on crude palm oil (CPO) from 7.5% to 10% of the reference price to fund its national biod…
Brazil
Brazil Confirms First Case of Avian Influenza at Commercial Poultry Farm
Brazil has confirmed its first case of highly pathogenic avian influenza (HPAI) in a commercial poultry facility. The outbreak was detected on May 16, 2025, at …
Photovoltaic (PV)
Italy Installs 1.24 GW of Solar in Q1
Italy's cumulative installed photovoltaic (PV) capacity reached 38.5 GW by the end of March 2025, according to data released by Anie Rinnovabili, the Italia…
Ukraine
Ukrainian Corn Exports Approaching 20 Mln Tons
As of May 19 in marketing year 2024/25, Ukraine has exported 37.153 million tons of grain and leguminous crops, according to data released by the Ministry of Ag…
Solar project
Bechtel Picked for Main Phases of 1.3GW ‘Mammouth’ Solar Farm
Doral Renewables, a U.S.-based renewable energy developer, has selected Bechtel to construct three phases of its 1.3GW Mammoth Solar farm in Indiana. This initi…
Crude Oil
China’s Crude Oil Imports From Russia Fall in April; Imports From Malaysia Surge
In April, China imported 8.07 million metric tons of crude oil from Russia, equivalent to 1.96 million barrels per day (bpd), according to data released by Chin…
Coal Trade
China’s Coal Imports From Russia Drop Amid Shift to Domestic Coal
China’s coal imports from Russia decreased by 13% in April 2025 compared to the previous year, totaling 7.397 million metric tons, according to customs da…
Offshore Wind Power
Smulders Nets Baltica 2 Contract
Smulders, a steel manufacturing company, has secured a contract from PGE and Orsted to produce suspended internal platform cages for the Baltica 2 offshore wind…
Electric Vehicles
Changan Automobile Begins Production at Rayong Plant in Thailand
On May 16, 2025, Changan Automobile officially launched its Rayong plant in Thailand and celebrated a global production milestone of 28.59 million vehicles. The…
Photovoltaic (PV)
Quebec Utility Targets 3 GW of Solar by 2035
Hydro-Québec has unveiled a plan to develop 11 GW of clean energy capacity in Quebec, Canada, by 2035. The strategy includes 3 GW of new solar projects, …
Pumped Storage
ENGIE and CDPQ Plan up to £1 Billion Investment in UK Pumped Storage Plants
Energy company ENGIE and Canadian investor CDPQ have committed up to £1 billion to refurbish two major pumped storage hydro plants, Dinorwig and Ffestinio…
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