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Power Construction
AEP Texas Transmission Line to Support Permian Basin’s Electricity Demand
AEP Texas is set to build a 765-kV transmission line called the Howard-Solstice project to address the growing electricity demand in the Permian Basin, an essen…
China
Wan Hai Lines Seals $816M Deal for Methanol-Ready Boxship Quartet
Wan Hai Lines, a leading Taiwanese shipping company, has contracted two South Korean shipbuilders to construct four dual-fuel methanol-ready container vessels. …
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 …
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…
Oil Refinery
Spanish Oil Refineries Shut Down After Power Blackout
On Monday, a widespread power outage across Spain and Portugal forced several oil refineries to suspend operations, including both plants managed by Moeve, Spai…
CCS
Calpine Strikes New Agreement for Texas Power Generation CCS Project
Exxon Mobil has entered into an agreement with Calpine to transport and permanently store up to 2 million metric tons of CO2 annually from Calpine’s Bayto…
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…
Offshore Wind Power
Vietnam Proposes Offshore Wind Power Price Cap
Vietnam Electricity (EVN) is developing a pricing framework for offshore wind projects to support the country’s renewable energy goals. The state utility …
Brazil
Brazil’s Ethanol Boom Keeps More Corn at Home
Brazil’s rising domestic corn consumption is expected to reduce its role in the global export market, potentially benefiting other exporters and influenci…
Hydrogen Fuel Vehicle
DP World Tests Hydrogen Fuel Cell Crane at Vancouver Port
DP World is conducting a field trial at its Vancouver terminal to test a hydrogen-powered RTG crane, aiming to electrify its global fleet of 1,500 diesel-powere…
Morocco
Morocco Commences Construction of Africa’s Longest High-Speed Rail Line, the Kentira-Marrakech Rail Project.
On Thursday, King Mohammed VI officially launched Morocco’s $10.3 billion Kenitra-Marrakech rail project, a major step toward enhancing the country’…
Canada
Canada Maintains Strong Canola Exports
Canola exports from Canada are continuing at a strong pace, despite concerns about potential U.S. tariffs. In the first two weeks of April, Canada shipped 516,0…
China
China Accelerates Shift to Brazilian Soybeans, as US Agricultural Exports Plunge Amid Tariffs
In April 2025, China’s Zhejiang Province is seeing a significant increase in soybean shipments from Brazil. Around 40 Brazilian soybean vessels are expect…
Green Hydrogen
India Awards 450,000 MT of Green Hydrogen Projects in Q1
In the first quarter of 2025, Indian authorities allocated green hydrogen projects totaling 450,000 metric tonnes per annum (MTPA) to nine companies under the S…
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…

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