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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 Field

Brazilian Oil Field’s FPSO Two Wells Richer With Another Duo Slated for June

Brava Energia, a Brazilian energy company formed from the merger of 3R Petroleum and Enauta, has activated two additional wells, 4H and 5H, at the Atlanta field…

Energy Storage Project

Carbon Battery Startup Aims to Make Energy Storage Circular

Ukrainian startup SorbiForce has developed a sustainable battery using four primary materials: carbon, water, salt, and agricultural waste. The innovation aims …

Metal

China Imposes New Export Restrictions on Rare Earths, Escalates Trade Tensions

China has implemented export controls on seven additional rare earth elements, including yttrium, dysprosium, and terbium, essential for technologies like jet e…

Uranium Project

DOE Selects First Recipients of HALEU

The U.S. Department of Energy (DOE) has announced conditional commitments to provide high-assay low-enriched uranium (HALEU) to five advanced reactor developers…

Crude Oil

Occidental Petroleum Flags Higher Prices for Oil and Gas Production in Q1

On Wednesday, Occidental Petroleum, a U.S. shale company, reported that prices for its oil and gas production in the first quarter were higher than in the previ…

Oil Field

Shell Starts Production From Dover, Further Advancing Position in U.S. Gulf

Shell Offshore Inc., a subsidiary of Shell plc, has launched production at Dover, a new subsea tieback linked to the Shell-operated Appomattox hub in the Gulf o…

Electric Vehicles

BYD’s Low-Cost Seagull EV Now Starts at Under $8,000 in China

BYD, a leading Chinese electric vehicle (EV) maker, has lowered the price of its most affordable model, the Seagull EV, to 56,800 yuan (under $8,000) in April. …

Nuclear Power Plant (NPP)

Beloyarsk BN-600 Reactor Life Extended

Russia’s Federal Service for Ecological, Technological & Nuclear Supervision (Rostekhnadzor) has authorised nuclear utility to operate unit 3 of the Beloy…

Metal

China Retaliates Against US With New Tariffs and Rare Earth Export Controls

China has introduced a set of countermeasures in response to recent U.S. tariffs, intensifying the trade dispute between the two leading global economies. Effec…

Tidal Energy

Commerce Pulls Plug on Puget Sound Tidal Energy Project After Tribal Pushback

Washington’s Department of Commerce has canceled a $1.37 million conditional grant for a tidal energy project in Puget Sound after objections from several trib…

Solar Power Plant

Celepsa and Zelestra Finalise PPA for 238MWdc Solar Plant in Peru

Energy company Celepsa and renewable energy developer Zelestra have signed a long-term power purchase agreement (PPA) to build a 238 megawatts defined condition…

CCS

Japanese Players Join Forces to Expedite CCS Project Development

Japan’s Inpex Corporation and Kanto Natural Gas Development have formed a joint venture, named Metropolitan CCS JV, to advance research and planning for a…

Green Hydrogen

Energy Vault Secures $28M for World’s First Green Hydrogen Microgrid for PG&E

Energy Vault Holdings Inc., a company specializing in sustainable energy storage, has secured $28 million in project financing for its Calistoga Resiliency Cent…

Energy Storage Project

5V Electrolyte System: The Guardian of Safety in the New Energy Era

Tinci Materials has developed a new electrolyte to address the challenges of rapid cycle degradation and severe gas generation in traditional electrolytes for 5…