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United States
Nexus W2V Secures $140 Million Investment, Announces Construction of Flagship RNG Facility in Indiana
Nexus W2V, a leading developer of waste-to-value infrastructure projects, announced the closing of an anchor $75 million structured equity commitment from Orion…
United States
Stellantis to Pay $4.2M for Violations of CARB Air Quality Regulations; Defeat Devices in 3.0l Diesels
The California Air Resources Board (CARB) reached a settlement agreement with FCA US LLC (FCA) of Auburn Hills, Mich., for $4,185,820 for violations of CARB&rsq…
China
Iron Ore Rises on Pre-holiday Restocking, China Stimulus Hopes
Iron ore futures prices gained for a second straight session on Tuesday, supported by pre-holiday restocking by steelmakers in top consumer China and revived ho…
Oil Price
Oil Prices Ease as Markets Weigh China Stimulus Hopes
Oil edged lower on Thursday in light holiday trade as the dollar's strength offset hopes for additional fiscal stimulus in China, the world's biggest oi…
Oil Refinery
NLC Hails Dangote Refinery for Fuel Price Cut
The Nigeria Labour Congress has commended Dangote Refinery for its recent reduction in fuel prices, describing it as a timely economic relief for Nigerians.Spea…
Crude Oil
RON97 Petrol Price Up By 3 Sen; RON95 And Diesel Unchanged
The retail price of RON97 petrol will increase by 3 sen to RM3.25 per litre, effective Dec 26, 2024, to Jan 1, 2025, according to the government.Meanwhile, RON9…
Australia
Progress of Projects Such as the Orient Polymetallic Mine in Australia
Iltani Resources has seen high-grade mineralization at the Orient East silver indium project in northern Queensland, which had previously seen the highest grade…
Natural Gas
KazMunayGas and CNOOC Joining Forces to Dig Deeper Into Geological Exploration
KazMunayGas and CNOOC are expanding their cooperation in geological exploration, discussing key aspects of bilateral collaboration, including the joint implemen…
Natural Gas
US Natgas Prices Hit 23-Month High on Increased LNG Feedgas, Heating Demand
US natural gas futures hit a 23-month high on Tuesday in thin pre-holiday trading, supported by an increase in the amount of gas flowing to liquefied natural ga…
Oil Shale
Iran Pioneers Shale Oil Extraction Technology to Achieve Energy Independence
In a groundbreaking achievement, Iranian researchers have developed innovative technology to extract shale oil from reservoirs. This is reported by Mehr News Ag…
Wind Farm
Vestas Announces New Order in Australia
Vestas Has Announced a New Order as Part of Its Q4 Order Intake. This Order Is for the King Rocks Wind Farm Project in Australia. The Customer for This Project …
Ethanol
ABEPL Launches Bamboo Sourcing and Processing for Ethanol Production in Assam
Assam Bio Ethanol Private Limited (ABEPL), a joint venture of Numaligarh Refinery Limited (NRL) and two Finnish firms, will source bamboo from 18 districts of A…
Offshore Wind Power
Japanese Construction Firm Buys Trenching ROV for Local Offshore Wind Market
Japanese construction company Toyo Construction has purchased a trenching remotely operated vehicle (ROV) from underwater technology and services company SMD th…
Service Operation Vessel
France Experiences Wind Propulsion Boom in 2024
The French wind propulsion industry witnessed strong growth in 2024. The country’s sailing fleet now comprises eleven large cargo ships, with four new win…
Floating Offshore Wind
Korea Floating Wind Joins Forces With Local Fishermen
Korea Floating Wind (KF Wind), a floating offshore wind project being developed by Ocean Winds and Mainstream Renewable Power, has signed a memorandum of unders…
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