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Battery
CIP to Sell 50% Stake in 500MW Coalburn 1 BESS Project, Scotland
Copenhagen Infrastructure Partners (CIP) has finalized an agreement to sell a 50% stake in its Coalburn 1 battery energy storage system (BESS) to AXA IM Alts. T…
CCS
Saipem Scores €520 Million Gig on Eni’s Irish Sea CCS Project
Italian energy company Eni has awarded a €520 million contract to Saipem, an Italian engineering and construction firm, for a carbon capture and storage (C…
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…
LNG
Woodside Greenlights $17.5 Billion US LNG Project, Targets 2029 Start
Woodside Energy, an Australian energy company listed as WDS.AX, announced its final investment decision for a Liquefied Natural Gas (LNG) project in Louisiana, …
CCS
Calpine Strikes New Agreement for Texas Power Generation CCS Project
Exxon Mobil has entered into an agreement with Calpine to transport and permanently store up to 2 million metric tons of CO2 annually from Calpine’s Bayto…
Battery
AXA IM Alts Enters UK Battery Storage Market With Strategic Scottish Investment
AXA IM Alts, managing €186 billion in alternative investments, has acquired a 50% stake in Coalburn 1, a 500MW battery energy storage system (BESS) in Sout…
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…
Offshore Wind Power
Vietnam Proposes Offshore Wind Power Price Cap
Vietnam Electricity (EVN) is developing a pricing framework for offshore wind projects to support the country’s renewable energy goals. The state utility …
Brazil
Brazil’s Ethanol Boom Keeps More Corn at Home
Brazil’s rising domestic corn consumption is expected to reduce its role in the global export market, potentially benefiting other exporters and influenci…
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’…
Oil & Gas Trade
Vitol Steps up Venezuela Oil Buying Before U.S. License Lapses
Vitol Group, the world’s largest independent oil trader, has increased its oil purchases from Venezuela in April, utilizing a U.S. license set to expire o…

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CIP to Sell 50% Stake in 500MW Coalburn 1 BESS Project, Scotland

Saipem Scores €520 Million Gig on Eni’s Irish Sea CCS Project

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

Spanish Oil Refineries Shut Down After Power Blackout

Trump Administration Allows Temporary Sales of Summertime Higher-Ethanol Fuel

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

Woodside Greenlights $17.5 Billion US LNG Project, Targets 2029 Start

Calpine Strikes New Agreement for Texas Power Generation CCS Project

AXA IM Alts Enters UK Battery Storage Market With Strategic Scottish Investment

RCL Boosts Boxship Orderbook

Vietnam Proposes Offshore Wind Power Price Cap

Brazil’s Ethanol Boom Keeps More Corn at Home

DP World Tests Hydrogen Fuel Cell Crane at Vancouver Port

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

Vitol Steps up Venezuela Oil Buying Before U.S. License Lapses