Ces

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…

Energy Storage Project

Colorado Utility Develops First Large-Scale Battery Storage System

Platte River Power Authority, a Colorado-based wholesale power provider, has teamed up with Weld Energy Storage, a subsidiary of NextEra Energy Resources, to la…

Power Construction

Azerbaijan Enhances Power Infrastructure in Kalbajar With New Transformer Station

Azerbaijan’s Kalbajar city will soon see the construction of a transformer station as part of the initial phase of an electricity supply project. This dev…

Nuclear Fusion

F4E Completes Cryopump Delivery for ITER Reactor

Fusion for Energy (F4E) has successfully delivered eight torus and cryostat cryopumps to the International Thermonuclear Experimental Reactor (ITER), currently …

Electric Vehicles

Tesla Model 3 and Model Y Prices Rose Higher in March as Sales Fell

Tesla’s average transaction prices (ATPs) for March 2025 reached an estimated $54,582, according to Cox Automotive’s Kelley Blue Book monthly report…

Floating Offshore Wind

Norway Moves Floater Plans Forward

Norway’s Ministry of Energy has submitted a notification to the EFTA Surveillance Authority (ESA) outlining its support framework for floating offshore wi…

Oil Price

Texas Shale Industry Voices Frustrations With Trump as Oil Prices Tank

At the Permian Basin Petroleum Association’s Spring Swing golf tournament in Odessa, West Texas, oil industry leaders expressed frustration beyond the gam…

Geothermal Drilling

Geothermal Exploration Drilling to Start in Magglingen, Switzerland by 2027

Exploratory drilling for the Magglingen geothermal project in Switzerland is set to begin by the end of 2027. The initiative aims to assess whether deep water s…

Metal

Deep Yellow Defers Tumas Decision Pending Price Improvement

Deep Yellow, an Australian company, has postponed its decision to build a processing plant for its Tumas uranium project in Namibia, awaiting stronger market si…

Metal

Saudi Mining Giant Ma’Aden Eyes Rare Earths Partnership

Saudi Arabian mining company Ma’aden is working to select an international partner to establish a rare earths processing collaboration, aiming to strength…

CCS

Flying Colors as UK’s First CO2 Injection Test Crosses Finish Line

A partnership between Perenco UK, Carbon Catalyst, and Harbour Energy has successfully completed the UK’s first CO2 injection test at a carbon capture and…

Hydrogen Production

HydePoint Joins Forces With Nel to Scale up Offshore and Nearshore Hydrogen Projects

Norwegian company HydePoint, a developer of hydrogen systems, has entered into a memorandum of understanding (MoU) with Nel Hydrogen, a provider of electrolyzer…

Oil Refinery

US Refiners Unlikely to Spend Big to Process More Domestic Oil

U.S. refiners are hesitant to invest heavily in processing more domestic crude instead of oil from major suppliers Canada and Mexico, according to industry sour…

Crude Oil

Occidental Petroleum Flags Higher Prices for Oil and Gas Production in Q1

On Wednesday, Occidental Petroleum, a U.S. shale company, reported that prices for its oil and gas production in the first quarter were higher than in the previ…

Oil and Gas Equipment

SPIE Secures Five-Year Maintenance Contract for Offshore Angola Oil Platforms

SPIE Global Services Energy, a subsidiary of SPIE, has secured a five-year contract with Sonangol Exploração & Produção to maintain …