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Latvia’s 112 MW Augstkalni wind farm remains on schedule for full commissioning by late 2026
The boom of the renewable energy sector is reaching new levels in 2026, with a litany of nations outlining plans to develop new and pioneering renewable energy …
Vietnam oil & gas firms post record profits in 2025
Binh Son Refining and Petrochemical JSC (HoSE: BSR), operator of the Dung Quat oil refinery, said output was estimated at nearly 7.91 million tons, with revenue…
Türkiye to launch offshore oil and gas exploration off Somalia
Developments in Venezuela, where the United States is reportedly conducting a special operation targeting President Nicolas Maduro, could push global oil prices…
Taean Coal Plant Closure Triggers Local Economic Backlash
The Taean Coal-Fired Power Plant Unit 1 in South Chungcheong Province, which has produced enough electricity to power 900,000 households for a year, ceased oper…
Photovoltaic (PV)
DCAS Announces City Has Reached Lowest Carbon Emissions in 20 Years
Today, the New York City Department of Citywide Administrative Services (DCAS) released the city’s latest Executive Order 89 (EO89) Progress Report, documentin…
Crude Oil
CNOOC's Offshore Gas Field Cluster Around Hainan Island Achieves Annual Oil and Gas Equivalent Output Exceeding 10 Million Tons
On December 30, CNOOC announced that the cumulative oil and gas equivalent production of its offshore gas field cluster around Hainan Island in 2025 has exceede…
China
China Coal Mine Construction Group and Donghua Technology Sign Letter of Intent for Thai Potash Project Cooperation
On December 29, China Coal Mine Construction Group and Donghua Engineering Technology Co., Ltd. held a working meeting in Hefei, where they jointly signed a let…
Greece
CCEC Orders 3 LNG Carriers
On December 29, Capital Clean Energy Carriers (CCEC), owned by Greek shipping magnate Evangelos Marinakis, announced a further expansion, having placed an order…
Turkey
Turkey's Grain Production Plummets in 2025
According to data from the Turkish Statistical Institute (TUIK), the country's total wheat production in 2025 has dropped to 17.9 million tons, a decrease o…
Natural Gas
Egypt and Lebanon Sign Memorandum of Understanding on Natural Gas Supply
Officials from Egypt and Lebanon signed a memorandum of understanding in Beirut on December 29, aimed at facilitating the supply of Egyptian natural gas to Leba…
Energy Storage Project
CATL to Significantly Upgrade and Expand Sodium-Ion Battery Product Line in 2026
Chinese battery manufacturer CATL elaborated on the application progress of its sodium-ion battery products across multiple fields at a supplier conference held…
Gas turbine engine
China's First Fully Domestic Commercial 300-Megawatt-Class Heavy-Duty Gas Turbine Put into Operation
Today (29th), China's first fully domestic commercial 300-megawatt-class heavy-duty gas turbine project—Unit 5 of the second phase of Huadian Wangting Powe…
United States
Intel Completes Sale of $5 Billion Worth of Common Stock to Nvidia
Intel completed the sale of 214.8 million shares of common stock to Nvidia on December 26, 2025, for $5 billion. The shares were priced at $23.28 per share. Thi…
China
China's Hazardous Chemicals Safety Law Officially Passed! Effective from May 1, 2026, Here Are the Changes
Major news has just come from the 19th Meeting of the Standing Committee of the 14th National People's Congress – on December 27, the meeting voted to…
Metal
Anglo American and Teck Resources Merger Completed, Industry Focuses on Impact in Critical Minerals Sector
The merger of mining giants Anglo American and Teck Resources, valued at approximately $53 billion, has completed the necessary procedures. This transaction int…
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