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Solar project

Vistra Connects Two New Solar Projects, Delays Coal Plant Closure in Illinois

Vistra announced that two new utility-scale solar projects in Illinois have connected to the grid and that, amid what it called widespread concern over reliabil…

Solar project

European Energy Connects 54MW Polish Solar

European Energy has connected a 54MW solar park in Poland to the grid.Construction of the solar park, near Debnica in West Pomerania, was completed on 21 Decemb…

Photovoltaic （PV）

CleanChoice Connects Pennsylvania PV Park

US solar operator CleanChoice Energy has connected its first fully owned and operated solar project, located in Pennsylvania.Built in Franklin county, the 26MW …

China

China’s 2025 Steel Demand to Fall 1.5% on Year, State Research Institute Says

China’s steel demand is forecast to fall 1.5% in 2025 and drop 4.4% in 2024 from the year before, the state-backed China Metallurgical Industry Planning a…

Green Hydrogen

Climate Fund Managers Acquires 24% Stake in Hyphen Hydrogen Energy

Dutch-based for-profit investment manager Climate Fund Managers (CFM) has completed the acquisition of a 24% equity stake in Hyphen Hydrogen Energy through its …

Green Hydrogen

AES Andes Submits Eia for Industrial-Scale Hydrogen Project in Chile

Energy company AES Andes has submitted an environmental impact assessment (EIA) to Chilean permitting authorities for a proposed industrial-scale green hydrogen…

Oil&Gas Drilling

Petrobras to Keep Constellation’s Semi-sub Rig Under $61M Contract Extension

(OE) Offshore drilling contractor Constellation has secured an extension of the current contract for its semi-submersible drilling rig Atlantic Star with Petrob…

Metal

El Salvador President Proposes Bill to Overturn Metals Mining Ban

El Salvador’s Congress will begin debating a bill on Saturday from President Nayib Bukele that would overturn a 2017 national ban on metals mining, the he…

China

Iron Ore Rises on Pre-holiday Restocking, China Stimulus Hopes

Iron ore futures prices gained for a second straight session on Tuesday, supported by pre-holiday restocking by steelmakers in top consumer China and revived ho…

Oil Price

Oil Prices Ease as Markets Weigh China Stimulus Hopes

Oil edged lower on Thursday in light holiday trade as the dollar's strength offset hopes for additional fiscal stimulus in China, the world's biggest oi…

United States

President Biden to Decide Fate of Nippon Steel’s $15BN Bid for US Steel

Nippon Steel’s $15 billion bid for US Steel has been referred to US President Joe Biden, a White House spokesman said, giving the president 15 days to decide o…

Oil Price

Azerbaijani Oil Price Once Again Exceeds $75

The price of Azerbaijani crude oil has once again surpassed $75 per barrel.A barrel of Azeri Light crude rose by $1.11, or 1.49%, reaching $75.37 on Wednesday.T…

United States

The Coming Critical Minerals Trade War Is Brics Short of a Load

The incoming Trump administration’s threat of tariffs has muddied the already cloudy outlook for mining and metals in 2025.Chinese retaliation has been sw…

Oil Refinery

NLC Hails Dangote Refinery for Fuel Price Cut

The Nigeria Labour Congress has commended Dangote Refinery for its recent reduction in fuel prices, describing it as a timely economic relief for Nigerians.Spea…

Crude Oil

RON97 Petrol Price Up By 3 Sen; RON95 And Diesel Unchanged

The retail price of RON97 petrol will increase by 3 sen to RM3.25 per litre, effective Dec 26, 2024, to Jan 1, 2025, according to the government.Meanwhile, RON9…