Bill

Oil Price

Egypt Raises Fuel Prices for First Time in 2025

On Friday, Egypt adjusted fuel prices upward by 11.76% to 14.81%, the first such change in 2025, according to state media. The move aligns with the government&r…

Electricity Transmission

German Grid Firm Amprion ups Planned Investments to 2029 to 36.4 Bln Euros

Amprion, a German grid company, announced on Thursday, April 10, 2025, its plan to increase investments in its power transmission networks to 36.4 billion euros…

LNG

Eni Secures Investment for a Second Deep-Sea LNG Platform in Mozambique

The Mozambican government approved a US$7.2-billion investment in the Coral Norte Liquified Natural Gas (LNG) project on Tuesday, with the new platform expected…

Geothermal Power Project

North Dakota Passes Bill for Feasibility Study on Geothermal Development

North Dakota Governor Kelly Armstrong has approved Senate Bill 2360, which directs the state to conduct a feasibility study on geothermal energy development. Th…

Ammonia

CF Industries Forms JV for $4 Billion Low-Carbon Ammonia Facility

CF Industries, a major ammonia producer, announced on Tuesday a significant collaboration with JERA, Japan’s largest energy company, and investment firm M…

Renewable Diesel

US Oil, Biofuel Group Recommends 5.25 Billion Gallons in Biomass Diesel Mandates, Sources Say

A U.S. coalition involving biofuel and petroleum groups has recommended that the Environmental Protection Agency (EPA) set the 2026 biomass-based diesel blendin…

Energy Storage Project

Poland’s $1 Billion Energy Storage Subsidy Scheme Opens for Applications

Poland has launched a call for co-funding to finance energy storage facilities as part of a major EU initiative. The National Fund for Environmental Protection …

Australia

Minerals 260 completes $220m capital raise for Bullabulling gold development in Australia

Minerals 260 has successfully raised $220 million to fund the acquisition of the Bullabulling Gold Project in Western Australia. This was achieved by issuing 1.…

Solar Battery (Storage)

Australia’s Albanese Pledges A$2.3 Billion to Help Homeowners Buy Solar Batteries

Australian Prime Minister Anthony Albanese announced a A$2.3 billion ($1.39 billion) initiative to support homeowners in purchasing batteries for storing solar …

Wind Turbine

SunZia Wind’s Massive 2.4 GW Project Hits a Big Milestone

GE Vernova has completed over half the turbines required for SunZia Wind, set to become the Western Hemisphere’s largest wind farm by its 2026 launch. The…

Hydropower Plant

China’s High-Altitude Hydropower Station Generates 3.5-Billion-KWh of Power in 1 Year

The Maerdang Hydropower Station, situated on the upper reaches of the Yellow River in Qinghai Province, northwest China, celebrated one year since its first uni…

Electric Vehicles

Great Wall Motor’s Net Profit Surges 80.76% YoY in 2024

Chinese automaker Great Wall Motor (GWM) released its 2024 financial results, showcasing strong performance in revenue and profits on March 28. The company repo…

Natural Gas

Shell Warns Australia’s Gas Reservation Plan Could Worsen Shortages

On May 3, as Australia approaches its general election, energy has become a key political issue. The conservative Liberal-National coalition has pledged to tack…

Nuclear Power Plant (NPP)

Minister Announces Funds for New Reactor as Safari-1 Turns 60

As South Africa's Safari-1 research reactor marks its 60th anniversary, Minister of Electricity and Energy Kgosientso Ramokgopa has announced a budget alloc…

Carbon Storage

Shell, Equinor, Totalenergies to Invest $714 Million in Carbon Storage Expansion

Shell (SHEL.L), Equinor (EQNR.OL)and TotalEnergies (TTEF.PA)said on Thursday they will invest 7.5 billion Norwegian crowns ($713.66 million) into expanding thei…