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Crude Oil

Sinopec’s Quarterly Net Income Falls 28% on Slower Fuel Sales

On Monday, China Petroleum & Chemical Corp, known as Sinopec, reported a 27.6% decline in first-quarter net income compared to the previous year. The company, l…

Oil Refinery

Spanish Oil Refineries Shut Down After Power Blackout

On Monday, a widespread power outage across Spain and Portugal forced several oil refineries to suspend operations, including both plants managed by Moeve, Spai…

Ethanol

Trump Administration Allows Temporary Sales of Summertime Higher-Ethanol Fuel

On Monday, the Trump administration announced an emergency waiver permitting the nationwide sale of E15, a gasoline blend containing 15% ethanol, during the sum…

Electricity Transmission

Loss of Power, Franco-Spanish Interconnection Failure Led to Grid Collapse

On Monday, a widespread blackout affected large parts of the Iberian Peninsula, primarily due to a significant and sudden reduction in electricity supply, accor…

Thailand

RCL Boosts Boxship Orderbook

Thailand’s Regional Carrier Lines (RCL) is expanding its fleet by ordering four new containerships from shipyards in China, as announced in a recent stock…

Hydrogen Fuel Vehicle

DP World Tests Hydrogen Fuel Cell Crane at Vancouver Port

DP World is conducting a field trial at its Vancouver terminal to test a hydrogen-powered RTG crane, aiming to electrify its global fleet of 1,500 diesel-powere…

Morocco

Morocco Commences Construction of Africa’s Longest High-Speed Rail Line, the Kentira-Marrakech Rail Project.

On Thursday, King Mohammed VI officially launched Morocco’s $10.3 billion Kenitra-Marrakech rail project, a major step toward enhancing the country’…

Canada

Canada Maintains Strong Canola Exports

Canola exports from Canada are continuing at a strong pace, despite concerns about potential U.S. tariffs. In the first two weeks of April, Canada shipped 516,0…

FLNG

Wison New Energies Nets Work on Petronas FLNG Set for Suriname

China’s Wison New Energies has finalized the detailed feasibility study for a new floating liquefied natural gas (FLNG) facility to be located offshore Su…

Nuclear Power Plant (NPP)

Olkiluoto 3 Nuclear Plant Back Online Ahead of Schedule

The annual maintenance of the Olkiluoto 3 nuclear reactor was completed on Monday morning, with electricity production expected to resume at 1 a.m. on Tuesday, …

Solar project

JUWI Secures 30.9 MW of Awards in German Solar Tender

German renewable energy developer JUWI GmbH has secured 30.9 MW of projects in a recent tender for ground-mounted photovoltaic (PV) systems in Germany. The comp…

Nuclear Power Plant (NPP)

Core Pump Systems Installed at Akkuyu 2

Rosatom has completed the installation of four main circulation pumping units (GTsNA) in the reactor compartment of unit 2 at the Akkuyu Nuclear Power Plant (NP…

China

Mainland China’s Smartphone Market Grows 5% in Q1 2025, Xiaomi Takes Top Spot

Mainland China’s smartphone market shipped 70.9 million units in the first quarter of 2025, a 5% year-on-year increase, according to research from Canalys…

China

Chinese Airlines Transport 34% More International Passengers in Q1: Official

Chinese airlines carried 18.925 million international passengers in the first quarter, a 34% year-on-year increase and 4.5% above 2019 levels, the Civil Aviatio…

Coal Mine

Khanye Colliery Becomes South Africa’s First Bettercoal Producer

Canyon Coal’s Khanye Colliery, located in Bronkhorstspruit, Gauteng, South Africa, will implement a four-year Continuous Improvement Plan (CIP) under the …