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Battery
BW ESS Secures Green Loan
BW ESS, in partnership with Ingrid Capacity, has obtained a SEK628 million (€57 million) green loan from Nordea Bank to support its 211MW/211MWh portfolio …
CCS
Saipem Scores €520 Million Gig on Eni’s Irish Sea CCS Project
Italian energy company Eni has awarded a €520 million contract to Saipem, an Italian engineering and construction firm, for a carbon capture and storage (C…
Crude Oil
Sinopec’s Quarterly Net Income Falls 28% on Slower Fuel Sales
On Monday, China Petroleum & Chemical Corp, known as Sinopec, reported a 27.6% decline in first-quarter net income compared to the previous year. The company, l…
Battery
AXA IM Alts Enters UK Battery Storage Market With Strategic Scottish Investment
AXA IM Alts, managing €186 billion in alternative investments, has acquired a 50% stake in Coalburn 1, a 500MW battery energy storage system (BESS) in Sout…
Thailand
RCL Boosts Boxship Orderbook
Thailand’s Regional Carrier Lines (RCL) is expanding its fleet by ordering four new containerships from shipyards in China, as announced in a recent stock…
Saudi Arabia
Nokia, TAWAL Demonstrate World’s First Multi-Tenant Open RAN Edge-Cloud Platform
Nokia and Saudi Arabia’s neutral-host provider TAWAL successfully conducted the world’s first live demonstration of a multi-tenant, shareable Open R…
Poland
European Import Restrictions Promise a Catastrophe for Poland’s Poultry Industry
The European Commission is evaluating restrictions on poultry exports from Polish regions affected by bird flu outbreaks, with potential measures set to begin o…
Battery
Samsung SDI to Showcase New High-Density Battery at 2025 Interbattery Europe in May
Samsung SDI, a leading battery manufacturer, will unveil its U8A1 high-density battery, designed for uninterruptible power supply (UPS) systems targeting AI dat…
Electric Vehicles
Tesla Hikes Prices on Its EVs in Canada Amid Tariffs, Expect Demand Collapse
Tesla, the American electric vehicle manufacturer, has raised prices across its entire lineup in Canada, with increases ranging from 13% to 22%. The adjustments…
Hydrogen Fuel Vehicle
MT Aerospace Selects Hyliko to Deliver Hydrogen Trucks for French Guiana’s Space Center
MT Aerospace, a key supplier of aeronautics and space launcher components, has selected Hyliko to provide three hydrogen-powered trucks for the Guiana Space Cen…
Norway
Marrying Sails and Biofuel, Odfjell Tanker Demonstrates ‘First’ Near Carbon-Neutral Transatlantic Voyage
Norwegian shipping company Odfjell reported that its chemical tanker, Bow Olympus, is crossing the Atlantic using a combination of wind-assisted propulsion and …
Crude Oil
USA Crude Oil Inventories Rise Week on Week
The U.S. Energy Information Administration (EIA) reported on April 23 that U.S. commercial crude oil inventories, excluding the Strategic Petroleum Reserve (SPR…
China
China Cuts Wheat Imports: Global Markets Brace for Major Shakeup
The global wheat trade is projected to decrease significantly in the 2024-25 season, with the US Department of Agriculture (USDA) forecasting a 9% reduction com…
LNG
PIL’s First 8,200 TEU LNG Dual-Fuel Boxship Named in China
Pacific International Lines (PIL), a Singapore-based shipping company, celebrated the naming of its first 8,200 TEU LNG dual-fuel containership, Kota Oasis, at …
Liquid Hydrogen
Linde Develops Europe’s Largest Liquid Hydrogen Trailer to Tackle Supply Constraints
Linde has unveiled Europe’s largest trailer designed for transporting liquid hydrogen (LH₂), addressing rising demand and limited liquefaction capacity. …

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