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Wind Power Project
National Grid Records £303M Impairment on US Wind Project in FY24/25
UK utility company National Grid reported a £303 million ($403 million) impairment charge for the 2024/25 financial year due to halted development by its joint…
Offshore Wind Power
Dutch Postpone Offshore Wind Farm Tenders Due to Low Interest
On Friday, the Dutch government announced a delay in tenders for two offshore wind farms, originally set for September, with a combined capacity of 2 gigawatts …
Crude Oil
Venezuela’s State Oil Firm Exporting Crude Grade Previously Shipped by Chevron, Data Shows
Venezuela’s state-owned oil company, PDVSA, has started exporting a heavy crude oil grade previously handled by Chevron since 2022, according to maritime …
Power Construction
US Issues Emergency Orders to Address Puerto Rico Grid Security Issues
On Friday, the U.S. Department of Energy (DOE) announced emergency measures to tackle significant grid reliability concerns and enhance the stability of Puerto …
Natural Gas
Turkey Finds New Natural Gas Reserve in Black Sea, Erdogan Says
On Saturday, President Tayyip Erdogan announced the discovery of a 75 billion cubic meter (bcm) natural gas reserve in the Black Sea, uncovered during drilling …
China
World’s Largest Car Carrier Built by China Sets Sail
Anji Ansheng, China's domestically built ocean-going car carrier and the largest in the world by capacity, embarked on its maiden voyage to Europe on Thursd…
Energy Storage Project
Houston Battery Energy Storage Project Begins Construction
Irby Construction Company has teamed up with SMT Energy and CenterPoint Energy to launch the SMT Houston IV project, a 320MWh battery energy storage system (BES…
Russian
Grain Transshipment at Russian Ports Fell by More Than 50% in 2025
In the first four months of 2025, cargo turnover at Russian seaports declined by 5.4% compared to the same period in 2024, reaching a total of 280.7 million ton…
Hydrogen Project
Korea Southern Power Signs Hydrogen Power Plant Development Agreement With Ulsan City
Korea Southern Power and Ulsan City have entered into a business development agreement to build clean hydrogen power plants, marking a significant step in the r…
United Kingdom
ACCIONA to Upgrade Coppermills Water Treatment Facility in London
ACCIONA has announced a major upgrade to the Coppermills water treatment facility in the UK, a crucial site that supplies one-third of Greater London’s dr…
China
China’s Soybean Imports Set to Hit Record High in Coming Months
China’s soybean imports have recently dropped to a 12-year low, with trade estimates indicating that overall consumption could remain sluggish through mid…
Japan
Ericsson R&D Investment Boosts Japan Connectivity Ecosystem
Ericsson is set to significantly enhance its investment in Japan's connectivity ecosystem, with plans to create up to 300 high-skilled next-generation telec…
United Kingdom
BT Brings Better Broadband to Swansea Bay via £10M Upgrade
BT has secured a £9.8 million contract to provide full fibre broadband to nearly 1,800 hard-to-reach locations in the Swansea Bay City Region, as part of …
Electric Vehicles
Geely Automobile Sees Q1 2025 Revenue Jump 25% YoY
Geely Automobile Holdings Limited announced its first-quarter financial results for 2025 on May 15, reporting a revenue of 72.5 billion yuan, a 25% increase fro…
Metal
China Lifts Dual-Use Rare Earth Export Ban on 28 US Companies
China has temporarily lifted export restrictions on rare earth elements and other dual-use items to 28 U.S. companies. This decision, announced by China’s…
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