Dec

Crude Oil

Venezuela Approves 15-Year Extension of Russia-Linked Oil Joint Ventures

Venezuela’s National Assembly approved a 15-year extension of the joint ventures between state-owned Petróleos de Venezuela S.A. (PDVSA) and a subs…

Energy Storage Project

CATL, HyperStrong Sign Decade-Long Strategic Pact to Deepen Collaboration in Energy Storage

Chinese energy-storage integrator HyperStrong announced on Nov. 17 that it has entered into a strategic cooperation agreement with CATL, establishing one of the…

Coal-Fired Power Plants

EU Approves $2 Billion Subsidy for German Coal Exit

On Tuesday, the European Commission approved a €1.75 billion (about US $2.03 billion) compensation payment from Germany to Lausitz Energie Kraftwerke AG (L…

Green Hydrogen

Plug Power to Supply Equipment for Three Carlton Power Hydrogen Projects in the U.K.

Plug Power Inc. (Latham, N.Y.) has been selected to supply equipment and provide long-term service for three green hydrogen projects totaling 55 MW in the Unite…

Nuclear Power Plant (NPP)

Belarus to Build Third Unit at Nuclear Power Plant

Belarus has decided to construct a third unit at its first nuclear power plant in Ostrovets and will also begin surveys for a potential second plant to meet fut…

Crude Oil

Chevron, Phillips 66, Total Win India’s First Tender to Buy US LPG

Indian state refiners have jointly awarded their first long-term tenders to Chevron, Phillips 66, and TotalEnergies Trading SA to import U.S. liquefied petroleu…

Indonesia

Indonesia Cement Dispatches Continued to Decline in October

Indonesia’s cement sales fell 3.4% YoY to 6.214 Mt in October 2025, down from 6.435 Mt a year earlier, according to Asosiasi Semen Indonesia. Bagged cem…

SMR

UK Selects North Wales as Site for First Mini Nuclear Power Station

Britain on Thursday announced that its first small modular reactor (SMR) nuclear power station will be built at Wylfa on Anglesey, an island in North Wales. The…

South Korea

Hyundai Motor Signs Mou to Advance Hydrogen Port Development in Pyeongtaek

Hyundai Motor Group (HMG) has signed a multilateral memorandum of understanding (MoU) with Pyeongtaek City and key partners to advance carbon-neutral hydrogen i…

Mexico

Mexico Imposes 156% Tariff on Sugar Imports

Mexico implemented a new tariff on sugar imports on Tuesday due to declining global prices and concerns over domestic oversupply, according to the country&rsquo…

Wind Power Project

Shell Exits Two Wind Projects off the UK Coast After Strategic Review

Shell (SHEL.L) announced on Monday that it has exited the MarramWind and CampionWind offshore wind projects located off the coast of Scotland, following a strat…

Metal

Aluminium Premium Hits Record in US on Tariffs, Global Squeeze

Premiums for aluminium purchases in the U.S. physical market have reached record highs, driven by rising import tariffs and tightening global supplies. The shar…

Italy

World Food Prices Fall for Second Consecutive Month in October, UN’s FAO Says

Global food commodity prices declined for the second consecutive month in October, mainly due to sufficient global supplies, according to the United Nations Foo…

Oil Shale

Shale Producer EOG Tops Profit Estimates as Output Jumps

EOG Resources (EOG.N) reported higher-than-expected third-quarter earnings on Thursday, as rising output helped the U.S.-based oil and gas producer counter lowe…

Ukraine

Ukrainian Corn Exports Exceed 1.9 Mln Tons

As of November 3, during the marketing year (MY) 2025/26, Ukraine exported a total of 9.386 million tons of grain and leguminous crops, according to data from t…