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Oil Price
JP Morgan Cuts Oil Price Forecasts on Weak Demand, Higher Output
JP Morgan recently revised its oil price forecasts for 2025 and 2026, pointing to increased OPEC+ production and reduced global demand. The bank lowered its 202…
Renewable Diesel
Declining Prices Clear Way for Brazil to Raise Biodiesel Blend to 15%, Industry Group Says
Brazil is poised to raise its mandatory biodiesel blend in diesel from 14% to 15%, according to Daniel Amaral, director of economics and regulatory affairs at A…
Coal-Fired Power Plants
China Allows New Coal Plants Through 2027 to Fill Renewable Gaps
China has outlined new guidelines allowing the construction of coal-fired power plants until at least 2027, according to a government action plan issued on Marc…
Offshore Wind Power
Corio Shelves 450MW Sceirde Rocks
Corio Generation has decided to halt the development of its 450MW Sceirde Rocks project off the west coast of Ireland. The company made this decision after rece…
Geothermal Power Project
Utah Geothermal Lease Sale Nets USD 5.6 Million
On April 9, 2025, the Utah state office of the Bureau of Land Management (BLM) held a competitive geothermal lease sale in Utah, raising over $5.6 million throu…
Geothermal Power Project
Pantelleria Emerges as Sicily’s Geothermal Hotspot
Pantelleria, an Italian island situated between Sicily and Tunisia, is gaining attention as a promising site for geothermal energy development due to its volcan…
Oil Pipeline
Oando Pipelines in Nigeria’s Oil-Rich Bayelsa State Hit by Sabotage Attacks
Oando Plc, a Nigerian oil producer, reported three incidents targeting its pipelines in Bayelsa state, southern Nigeria, over the past week. The company announc…
Crude Oil
China’s Crude Oil Imports Highest Since August 2023 on Iranian Surge
China's crude oil imports in March reached 51.41 million metric tons, equivalent to 12.1 million barrels per day (bpd), according to data released by the Ge…
Crude Oil
Chevron Must Return Venezuelan Oil Before Sanctions Deadline, Sources Say
Chevron Corp. has been directed to return nearly 1 million barrels of oil to Venezuela’s state-owned company, Petroleos de Venezuela SA (PDVSA), affecting…
Metal
Trump Plans Order to Enable Critical Metals Stockpilin
The U.S. administration, under President Donald Trump, has revealed plans for an executive order to facilitate the stockpiling of critical metals from the Pacif…
Electric Vehicles
Geely’s Galaxy Begins Presale of Xingyao 8 Phev Model, Starting at 139,800 Yuan
On April 10, Geely Auto’s Galaxy brand launched presales for the Xingyao 8, a mid-to-large plug-in hybrid sedan, at its headquarters in Hangzhou. The mode…
Battery
Clearstone Energy Given Go-Ahead for 700MW BESS Plans
Clearstone Energy, a UK-based developer, has gained approval for two battery energy storage systems (BESS) with a combined capacity of 700MW. The projects, loca…
SAF
Virgin Australia and Qatar Airways Partner on SAF Project
Virgin Australia, Qatar Airways, and Renewable Developments Australia (RDA) have joined forces to develop a homegrown sustainable aviation fuel (SAF) production…
Nuclear Power Plant (NPP)
Cold Testing Completed at Changjiang Unit 3
Huaneng Hainan Changjiang Nuclear Power has successfully completed cold hydrostatic testing at unit 3 of the Changjiang nuclear power plant in Hainan province, …
Nuclear Power Plant (NPP)
Suppliers Shortlisted for Kazakh Nuclear Power Plant
Kazakhstan has finalized a shortlist of four reactor vendors for its inaugural nuclear power plant after engaging in a thorough evaluation process with potentia…
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