Dec

Offshore Wind Power

National Grid Takes £303M US Offshore Wind Hit

National Grid has recorded a £303 million impairment on its 2800MW Community Offshore Wind project in the New York Bight, a joint venture with German deve…

Carbon Emissions

China’s Quarterly CO2 Emissions Fall on the Back of a Renewable Energy Surge

In the first quarter of 2025, China achieved a 1.6% year-on-year reduction in carbon dioxide (CO2) emissions, despite a 2.5% increase in national electricity de…

Natural Gas

EIA Expects USA Gasoline Price to Drop In 2025 and 2026

The U.S. Energy Information Administration (EIA) has released its latest short-term energy outlook (STEO) on May 6, forecasting a decline in U.S. regular gasoli…

Coal Trade

India’s Coal Imports Down 9.2% in FY 2024 to 2025

India has reported a decline in coal imports for the period from April 2024 to February 2025, with total imports reaching 220.3 million tonnes (MT), down from 2…

Nuclear waste

Andra Updates French Repository Cost Estimate

The French radioactive waste management agency, Andra, has estimated the total cost of constructing, operating, and decommissioning France's planned deep ge…

China

China’s Soybean Imports Fall to 10-Year Low

China’s soybean imports in April 2025 reached their lowest level in a decade, totaling 6.08 million metric tons, a 29.1% decline from the previous year, a…

Electric Vehicles

Tesla (TSLA) Slows Down in China Despite New Model Y Production

Tesla experienced a decline in sales and exports in China during April 2025, despite increased production of the updated Model Y at its Shanghai Gigafactory. Of…

Electric Vehicles

Nissan Pulls the Plug on Its +$1 Billion EV Battery Plant as the Alarm Bells Go Off

Nissan announced on Friday that it has canceled plans to construct a new lithium iron phosphate (LFP) battery plant in Japan, a decision aimed at addressing the…

Ukraine

Ukrainian Flour Exports Exceed 60 Thsd Tons

As of May 12, Ukraine exported 36.396 million tons of grain and leguminous crops in the 2024/25 marketing year, a decrease of 6.81 million tons, or 18.7%, compa…

Crude Oil

Iraq to Reduce Crude Oil Exports in May and June, Official Says

Iraq intends to export 3.2 million barrels per day (bpd) of crude oil in May and June, according to an Iraqi official familiar with the matter. This volume repr…

Crude Oil

Mexico’s Pemex Plans to Export Less Crude Oil as New Refinery Starts Up, Official Says

Mexico’s state-owned oil company, Pemex, expects to decrease crude oil exports this year as it directs more supply to domestic refineries, particularly th…

Hydropower Plant

Uzbekistan, Slovenia Reach Agreement on Small-Scale Micro Hydropower Plants

Uzbekistan and Slovenia have reached an agreement to develop small-scale micro hydropower plants, as announced by Uzbekistan’s Ministry of Investment, Ind…

Metal

De Beers to Discontinue Lab-Grown Diamond Business Lightbox

De Beers Group, a leading diamond mining company, has decided to discontinue its lab-grown diamond (LGD) jewelry brand, Lightbox, to focus exclusively on natura…

Green Hydrogen

Statkraft Halts New Green Hydrogen Projects Citing Market Uncertainty

Norwegian renewable energy company Statkraft has announced a pause on initiating new green hydrogen projects due to growing market uncertainties. The decision r…

Coal Trade

Indonesia Coal Exports Post Rare Decline So Far in 2025: Maguire

Indonesia, the world’s leading exporter of thermal coal, recorded a significant drop in shipments in 2025, reaching a three-year low due to reduced demand…