Dec

Crude Oil

Petrobras Posts Slight Drop In First-Quarter Oil and Gas Output

Petrobras, Brazil’s state-run oil company, reported its first-quarter production results, achieving a daily output of 2.77 million barrels of oil equivale…

Oil&Gas Drilling

Drillers in Canada Shift to Natural Gas as Trade War Drives Down Oil Prices

In Alberta, Canada’s primary energy region, drilling companies are increasingly focusing on natural gas due to declining oil prices driven by global marke…

Nuclear Reactor

Taiwan to Decommission Last Nuclear Reactor in May

Taiwan is set to decommission its last operational nuclear reactor at the Maanshan Nuclear Power Plant on May 17, 2025, as announced by Premier Cho Jung-tai on …

Nuclear Reactor

China Approves Construction of Ten New Nuclear Reactors

China has authorized the construction of ten new nuclear reactors in 2025, marking the fourth consecutive year with at least ten approvals. This decision reinfo…

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…

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…

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, …

Offshore Wind Power

Global Energy Giant RWE Halts US Offshore Wind Because of Trump

RWE, a leading global renewable energy company based in Germany, has paused its US offshore wind operations due to recent policy shifts. The decision was announ…

Pakistan

Pakistan’s Wheat Production Declines 10% for Rabi Season 2024-25

Pakistan’s wheat production for the Rabi Season 2024-2025 reached an estimated 28.42 million tons from 9.1 million hectares, falling short of the 33.58 mi…

Natural Gas

Ecopetrol Working to Ensure Continuation of Offshore Gas Projects in Carribean

Ecopetrol S.A. has launched a collaborative strategy to secure the future of gas projects in Colombia’s Southern Caribbean after Shell announced its withd…

China

China Cuts Wheat Imports: Global Markets Brace for Major Shakeup

The global wheat trade is projected to decrease significantly in the 2024-25 season, with the US Department of Agriculture (USDA) forecasting a 9% reduction com…

Decarbonization

Wärtsilä Signs Deal to Decarbonise Caribbean Island of Curaçao

Wärtsilä, a global technology group, has entered into a five-year services agreement with Aqualectra, the energy utility company of the Caribbean isla…

China

Global Grain Markets React to China’s Curtailment of Wheat Imports

The global wheat trade is projected to decrease significantly in the 2024/2025 season, with the U.S. Department of Agriculture (USDA) estimating a 9% reduction …

Metal

Vale Reports 17% Drop In Q1 2025 Net Income Amid Lower Iron Ore Prices

Brazil-based iron ore producer Vale reported a 17% decline in net income for the first quarter of 2025, ending March 31, primarily due to lower iron ore prices.…

Pumped Storage

EIB and Iberdrola Sign €108 Million in Loans for Valdecañas Pumped Storage Project

The European Investment Bank (EIB) has provided €108 million in green loans to Iberdrola for upgrades at the Valdecañas pumped storage hydroelectric…