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Crude Oil
Exxon Plans $1.5 Billion Investment in Nigerian Oilfield
ExxonMobil, a global energy company, plans to invest $1.5 billion in its deepwater operations in Nigeria, according to the Nigerian Upstream Petroleum Regulator…
China
China Adds 75 International Air Cargo Routes in First Four Months, Nearly 90% to Asia, Europe
In the first four months of 2025, China introduced 75 new international air cargo routes, with nearly 90 percent connecting to Asia and Europe, according to the…
Electric Vehicles
BYD Takes the Spotlight in the Heart of Europe After Sales Surge by +750% in April
China’s leading electric vehicle manufacturer, BYD, has significantly outpaced Tesla in sales in Germany and the UK during April 2025, marking a strong st…
United States
Bayer to Exit US Seed Treatment Equipment Business, Email Says
Bayer, a German company specializing in pharmaceuticals and agricultural pesticides, has announced its decision to exit the seed treatment equipment business in…
Photovoltaic (PV)
Irish Distributed Solar Hits 66 GWh of Electricity in April, Setting New Record
In April 2025, Ireland’s small-scale solar output reached a new record of 66 GWh, enough to power the monthly average demand of around 188,000 homes. This…
Power Construction
Europe’s Grid Requires Significant Investment to Avoid Blackouts
A widespread blackout across Spain and Portugal on April 28, 2025, has underscored the pressing need to modernize Europe’s aging power grid. With much of the i…
Offshore Wind Power
ØRsted Divests Stake in 389 MW UK Offshore Wind Farm for GBP 456 Million
Ørsted has sold a 24.5% stake in the 389 MW West of Duddon Sands offshore wind farm, located in the Irish Sea, to funds managed by Schroders Greencoat. T…
Green Hydrogen
MT Group Inks €10M Green Hydrogen Deal
MT Group, an energy industry contractor, has secured a €10 million engineering, procurement, and construction contract to build the first green hydrogen pr…
LNG
Germany’s Third LNG Terminal Drawing Closer to Startup
A floating storage and regasification unit (FSRU), named Excelsior, has arrived in Wilhelmshaven, Germany, to become part of a liquefied natural gas (LNG) termi…
Metal
Zeus Resources Divests Mortimer Hills Lithium Project to Delta Lithium Subsidiary
Australian miner Zeus Resources has finalized a binding asset sale agreement with Electrostate, a subsidiary of Delta Lithium, to sell its 100% interest in the …
Nuclear Power Plant (NPP)
Beloyarsk Issued With Licence for Bn-1200 Reactor
Russia’s nuclear regulator, Rostechnadzor, has approved the construction of the fifth unit at the Beloyarsk nuclear power plant, featuring a BN-1200 fast …
China
First COSCO Shipping PCTC Arrives in Piraeus, Strengthens Port’s Transshipment Potential
On April 28, 2025, the Port of Piraeus in Greece advanced its position as a major vehicle transshipment hub in the Eastern Mediterranean with the arrival of the…
Electricity Trade
Germany Advised to Split Power Market to Reflect Regional Cost Differences
A report by the European Network of Transmission System Operators for Electricity (ENTSO-E) suggests that Germany should consider dividing its electricity marke…
Spain
Spain’s ‘Globally Important’ Green Steel Plant Gets €60M
Spain has allocated a €60 million grant from EU funds to develop a hydrogen-powered steel mill in Puertollano, Castile–La Mancha, approximately 100 k…
Wave Energy
Spanish Govt Backs Carnegie’s Wave Energy Tech With €1.17m
Carnegie Clean Energy’s subsidiary, Carnegie Technologies Spain, has received an advance payment of €1,171,800 from the Spanish government to support…
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