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United States
Intel’s Modest Q1 Masks Deeper Struggles With $821M Loss
Intel reported a mixed performance for the first quarter of 2025, achieving a slight profit on an adjusted basis but recording a net loss of $821 million, highl…
Crude Oil
US Eases Downhole Commingling Policy to Boost Oil Production
The United States Department of the Interior (DOI) has revised its policy to increase the allowable pressure differential for single-wellbore oil production fro…
Electric Vehicles
JAC Group, Huawei Digital Power Deepen Strategic Partnership to Boost NEV Innovation
On April 22, JAC Group and Huawei Digital Power signed a comprehensive agreement to deepen their strategic collaboration, expanding their long-standing partners…
Coking Coal
India Urging Firms to Acquire Overseas Iron Ore, Coking Coal Assets, Official Says
India is promoting the acquisition of overseas raw material assets, such as iron ore and coking coal, to support its growing steel industry, Steel Secretary San…
Electric Vehicles
Dongfeng Motor Deepens Middle East Expansion With Strategic Pact in Saudi Arabia
On April 23, during the AUTO SHANGHAI 2025 exhibition in Shanghai, Dongfeng Motor, a leading Chinese automaker, signed a strategic cooperation agreement with Un…
Crude Oil
Contract With Allseas Takes Vallourec to One of World’s Largest Deepwater Fields
French company Vallourec, a provider of tubular solutions, has secured a significant contract with Allseas to supply line pipes for the Búzios 10 offshor…
Crude Oil
Chevron and TotalEnergies Flow First Oil & Gas From Gulf of America Project
Chevron, a U.S.-based energy company, and TotalEnergies, headquartered in France, have initiated oil and gas production at the Ballymore deepwater project in th…
Solar Module
JA Solar Begins 1GW Deepblue Solar Modules Delivery for Inner Mongolia Project
JA Solar has begun supplying 1GW of DeepBlue 4.0 Pro high-efficiency photovoltaic (PV) modules to the Suji Sandland PV project in Urad Front Banner, Inner Mongo…
FLNG
Inaugural Cargo Lifted From FLNG at BP’s African Deepwater Project
BP, a UK-based energy company, has successfully loaded its first liquefied natural gas (LNG) cargo from the Greater Tortue Ahmeyim (GTA) Phase 1 project, locate…
Oil Field
BW Energy Sets Aside $107M to Boost Production From Brazilian Deepwater Field
BW Energy, listed in Oslo, has approved the final investment decision for the Golfinho Boost project, targeting an additional 3,000 barrels per day of oil produ…
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…
LNG
Eni Secures Investment for a Second Deep-Sea LNG Platform in Mozambique
The Mozambican government approved a US$7.2-billion investment in the Coral Norte Liquified Natural Gas (LNG) project on Tuesday, with the new platform expected…
Spent Fuel (Used Fuel)
Deep Fission and Deep Isolation Collaborate on Used Fuel Management
Deep Fission, a U.S.-based nuclear startup, has signed a memorandum of understanding (MOU) with Deep Isolation to collaborate on managing used fuel from Deep Fi…
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