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Metal
China Increases Scrutiny Over Rare Earth Magnets With New Tracking System
China has implemented a tracking system for its rare earth magnet industry, effective last week, according to three informed sources. This system requires produ…
Electric Vehicles
First Customer Units of BYD YANGWANG U7’s BEV Version Roll off Production Line
On May 29, 2025, the first batch of YANGWANG U7 battery electric vehicle (BEV) sedans for customer delivery rolled off the production line, marking a significan…
South Korea
Hyundai E&C Drops Out of Gadeokdo New Airport Land Reclamation Project
Hyundai E&C, a major South Korean construction company, has withdrawn from the land reclamation project for the Gadeokdo New Airport, citing challenges in meeti…
Battery
Large-Scale Battery Storage Investment in Australia Reached $1.5bn in Q1 2025
Wedoany.com Report-Jun 3, In the first quarter of 2025, Australia saw significant investment in large-scale battery storage, with six projects totaling A$2.4 bi…
Geothermal Power Project
DOI Implements Emergency Permitting Procedures for Geothermal Energy
The U.S. Department of the Interior (DOI) has introduced emergency permitting procedures to accelerate the review and development of geothermal energy projects.…
LNG
US LNG Exports Declines in May From April’s Record
In May 2025, U.S. liquefied natural gas (LNG) exports decreased to 8.9 million metric tons from a record 9.3 million metric tons in April, according to prelimin…
Electricity Transmission
Greece Now Interconnected With Crete via 1 GW Transmission Line
Greece’s Independent Power Transmission Operator (IPTO) announced that a new grid connection between mainland Greece and Crete commenced operations on May…
Norway
Skanska to Build US$160M Oslo Metro Station
Skanska has secured a US$160 million contract to construct the underground Skøyen metro station in Oslo, Norway. Positioned 45 meters below ground, the t…
Hydrogen Fuel Vehicle
Korea’s Hydrogen Vehicle Sales Slump in First Four Months of 2025
Korea’s hydrogen fuel cell electric vehicle (EV) sector is experiencing a significant decline in 2025, with both domestic sales and exports dropping sharp…
Oil Field
EnQuest Restarts Production at UK Field After Four-Week Hiatus
EnQuest, a London Stock Exchange-listed energy company, has resumed production at its Magnus field in the UK sector of the North Sea following a four-week pipel…
Biofuel
Finnlines Launches Green Service Powered by Electricity and Biofuels
Finnlines, a Finnish shipping company, has introduced a low-emission Green Lane service, integrating sustainability with efficient freight and passenger transpo…
Solar Cell
Midsummer Bags 15 MW CIGS Production Line Order
Swedish company Midsummer, a specialist in thin-film solar technology, has secured a contract to supply an undisclosed Swedish industrial and defense group with…
Oil Field
Two ‘Strategic’ Oil & Gas Fields Come Online Offshore Indonesia
Medco E&P Natuna, a subsidiary of PT Medco Energi Internasional, has started production at the Forel and Terubuk oil and gas fields in the South Natuna Sea Bloc…
Crude Oil
US Crude, Fuel Stocks up as Crude Imports Rise, Product Demand Slips, EIA Says
The U.S. Energy Information Administration (EIA) announced on Wednesday that U.S. crude oil and fuel inventories rose unexpectedly last week, driven by higher c…
Green Hydrogen
KK Wind to Deliver 100MW H2 Power Unit
KK Wind Solutions is expanding into the green hydrogen sector by supplying its largest power supply unit for a 100MW pressurized alkaline electrolyser built by …
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