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Crude Oil
Chevron, European Firms Lobby to Keep Stakes in Venezuela Oil Joint Ventures
Chevron Corp, a U.S. oil company, along with several European firms, is engaging with the U.S. administration to secure permissions to maintain their stakes in …
Electricity Transmission
Hot Weather and High Demand to Pressure US Power Grid This Summer, FREC Says
The Federal Energy Regulatory Commission (FERC) announced on Thursday that electricity consumption in the U.S. is projected to reach a four-year high this summe…
United States
US Eases AI Chip Exports for Allies, Cracks Down on Huawei Hardware
The U.S. Commerce Department has revised export regulations for advanced semiconductors, effective May 2025, to foster innovation and strengthen international p…
Wind Power Project
Greencoat Renewables Sells 116MW Irish Portfolio
Greencoat Renewables has finalized a €156 million deal to sell a 116MW portfolio of onshore wind assets in Ireland to HitecVision. The transaction, announc…
Oil Field
Nigeria Says Exxon Commits $1.5b to Deepwater Development
Exxon Mobil Corp. has committed $1.5 billion to develop a deepwater oil field in Nigeria, as the country seeks to increase its oil production. The investment, p…
HVDC
LS Cables Plans £923M Tyne Factory
LS Eco Advanced Cables (LSEAC) has launched a five-week public consultation for a proposed £923 million high-voltage transmission cable manufacturing faci…
Uranium Project
Costain to Design Europe’s Debut HALEU Advanced Fuels Facility for Urenco
Costain, an infrastructure solutions provider, has been awarded a significant contract to design Europe’s first high-assay low-enriched uranium (HALEU) ad…
Battery
EDF Consults on 250MW Welsh Battery
EDF Renewables UK is seeking feedback from local residents regarding its proposed 250MW Swansea North battery storage facility in Wales. The company is currentl…
India
VI Brings Ericsson Massive Mimo 5G to India’s Capital City
Vi (Vodafone Idea) has officially launched 5G services in the Delhi NCR region in collaboration with Ericsson. This marks a key milestone in the ongoing 5G depl…
South Korea
South Korea’s NOFI Buys Estimated 65,000 T Corn
On Wednesday, Nonghyup Feed Inc. (NOFI), a leading South Korean animal feed manufacturer, purchased approximately 65,000 metric tonnes of animal feed corn in an…
United Kingdom
Bilfinger Awarded Contract for Mitsubishi Chemicals U.K. Polymer Expansion Project
Bilfinger SE, based in Mannheim, Germany, has secured a major contract with Mitsubishi Chemical U.K. Ltd. for a project at the Saltend Chemical Park in East Yor…
Natural Gas
EIA Expects USA Gasoline Price to Drop In 2025 and 2026
The U.S. Energy Information Administration (EIA) has released its latest short-term energy outlook (STEO) on May 6, forecasting a decline in U.S. regular gasoli…
India
South Korean Giant Begins Work on Third Indian Factory
South Korean company LG has revealed plans to establish its third manufacturing facility in India, a $600 million project spanning 247 acres in Sri City, Andhra…
Switzerland
Swisscom Dips Toes in National Swiss AI Research
Swisscom, a leading telecommunications company in Switzerland, has joined the Swiss National AI Institute (SNAI), established by ETH Zurich and EPFL in 2024. Th…
Japan
NYK to Build Car Terminal in Barcelona
In Barcelona, Spain, Nippon Yusen Kaisha (NYK), a Japanese shipping company, has secured a 27-year concession to operate a finished-vehicle logistics terminal a…
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