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China
Iron Ore Price Reverses to Losses as Weakening China Steel Consumption Drags
Iron ore futures prices fell on Thursday, reversing from earlier gains, with weakening downstream steel consumption dampening sentiment and investors hungry for…
Natural Gas
Oil Prices Rise on Crude Drawdown; Natural Gas Falls on Profit-Taking
It was a mixed bag for commodity prices during the final week of 2024. An unexpectedly large drawdown of 4.2 million barrels — according to the Energy Informat…
India
India Sets Six-Month Import Cap on Key Steelmaking Ingredient Met Coke
India will impose restrictions on the import of low-ash metallurgical coke, a key steelmaking ingredient, for six months starting January 1, 2025, a government …
Oil Pipeline
Turkey Considering Oil Pipeline to Syria: Minister
Turkey is considering a new oil pipeline to Syria that will also link to the Turkey-Iraq pipeline, the minister of energy and natural resources said on Friday.T…
Mongolia
Mongolia Reaches Deal for $1.6 Billion Uranium Mine With France’s Orano
Mongolia said on Friday it had reached a preliminary agreement with France’s Orano Mining Group to develop a long-anticipated uranium mining project worth…
Crude Oil
US Crude Oil Stocks Fall for Fifth Straight Week
US crude oil inventories decreased during the week ended Dec. 27, marking their fifth consecutive weekly decline.Data released today, Dec. 27, by the US Energy …
Floating Offshore Wind
Aker Solutions Awards ABB Contract for Major UK Floating Offshore Wind Project
Aker Solutions has awarded ABB a FEED contract for the 560 MW Green Volt floating offshore wind project in the UK, led by Vårgrønn and Flotation En…
Energy Investment
BHI Provides Brightnight With US$25 Million in Financing
BHI, the US Branch of Bank Hapoalim, B.M. and a full-service commercial bank, has announced that BHI and Bank Hapoalim are partnering on a loan which will provi…
Natural Gas
Petrobras Informs About New Law for the Oil and Gas Sector
Petrobras informs that the Brazilian government enacted Law 15,075/2024, dated December 26, 2024, which addresses the possibility of transfer of local content s…
Oil&Gas Drilling
ExxonMobil to Begin Drilling in Cyprus’ EEZ in January 2025
ExxonMobil’s drilling rig is set to begin operations in Cyprus’ Exclusive Economic Zone (EEZ) in mid-January 2025, according to Energy Minister Geor…
Floating Offshore Wind
Bilfinger Selection Adds Further Offshore Expertise to Floating Wind Consortium
Bilfinger, a leading industrial services provider, has been appointed by Cerulean Winds to join the alliance of companies developing the Aspen, Beech, and Cedar…
Ethanol
Ethanol Production up Slightly, Stocks up 2%, Exports up 2%
U.S. fuel ethanol production was up slightly the week ending Dec. 20, according to data released by the U.S. Energy Information Administration on Dec. 27. Ethan…
Wind Turbine
Vestas Wins 99MW Spanish Repowering Order
[Image: Vestas]Vestas has secured a 99MW turbine supply order from Iberdrola to repower two wind farms in Castilla-La Mancha, Spain.The Molar de Molinar and Isa…
Hydrogen Technology
Korea Proposes New Global Standards for Hydrogen Technology at ISO/TC197 General Assembly
Two hydrogen technologies proposed by Korea as new international standards have received the consent of experts at the recently held ISO/TC197 General Assembly,…
Wind Power Project
NKT Lands Two HVDC Contracts in Germany
Image: NKTNKT has been selected by TenneT to supply HVDC power cable systems for two projects in Germany.It will design, produce and install 525kV onshore and o…

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Iron Ore Price Reverses to Losses as Weakening China Steel Consumption Drags

Oil Prices Rise on Crude Drawdown; Natural Gas Falls on Profit-Taking

India Sets Six-Month Import Cap on Key Steelmaking Ingredient Met Coke

Turkey Considering Oil Pipeline to Syria: Minister

Mongolia Reaches Deal for $1.6 Billion Uranium Mine With France’s Orano

US Crude Oil Stocks Fall for Fifth Straight Week

Aker Solutions Awards ABB Contract for Major UK Floating Offshore Wind Project

BHI Provides Brightnight With US$25 Million in Financing

Petrobras Informs About New Law for the Oil and Gas Sector

ExxonMobil to Begin Drilling in Cyprus’ EEZ in January 2025

Bilfinger Selection Adds Further Offshore Expertise to Floating Wind Consortium

Ethanol Production up Slightly, Stocks up 2%, Exports up 2%

Vestas Wins 99MW Spanish Repowering Order

Korea Proposes New Global Standards for Hydrogen Technology at ISO/TC197 General Assembly

NKT Lands Two HVDC Contracts in Germany