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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…

Oil and Gas Equipment

CHC, Court Helicopters Partner to Enhance Offshore Safety, Transportation in Namibia

CHC Helicopter (CHC) has signed a Memorandum of Understanding (MoU) with Namibian aviation operator Court Helicopters to explore a strategic partnership focused…

Gas power plant

ENEX Confirms Plans to Develop 1,100-MW Gas Plant in Philippines’ Batangas Province

ENEX Energy Corporation has reaffirmed its commitment to constructing a 1,100-megawatt gas plant in Batangas, Philippines. The announcement addresses inquiries …

United States

Balfour Beatty Secures $889M Reconstruction Contract for I-30 in Texas

Balfour Beatty, an infrastructure group, has secured an $889 million contract from the Texas Department of Transportation to rebuild a 3.7km section of Intersta…

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…

United States

Cruise Ship Boom Fuels New Records for Port Canaveral

Port Canaveral in Central Florida has achieved record-breaking passenger volumes in its current fiscal year, driven by the thriving cruise ship industry. March …

Electric Vehicles

China Aims for EVs to Dominate New Vehicle Sales by 2035

China has outlined plans to enhance the integration of transport infrastructure with renewable energy systems, targeting pure electric vehicles (EVs) to become …

Hydrogen Production

Alberta Invests $3M in Hydrogen Project Turning Forestry Waste Into Clean Industrial Fuel

Alberta is advancing its leadership in low-carbon energy through a $3 million investment from Emissions Reduction Alberta (ERA) to support Hydrogen Naturally&rs…

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. …

United States

Intel’s Modest Q1 Masks Deeper Struggles With $821M Loss

Intel reported a mixed performance for the first quarter of 2025, achieving a slight profit on an adjusted basis but recording a net loss of $821 million, highl…

China

Global Grain Markets React to China’s Curtailment of Wheat Imports

The global wheat trade is projected to decrease significantly in the 2024/2025 season, with the U.S. Department of Agriculture (USDA) estimating a 9% reduction …

Ammonia

UK Unveils New Ammonia Fuel Guidelines in Push for Greener Shipping

The UK’s Maritime and Coastguard Agency (MCA) issued new guidance on April 16, 2025, to support the safe use of ammonia as a marine fuel. This step aids t…

Metal

Vale Reports 17% Drop In Q1 2025 Net Income Amid Lower Iron Ore Prices

Brazil-based iron ore producer Vale reported a 17% decline in net income for the first quarter of 2025, ending March 31, primarily due to lower iron ore prices.…

Solar project

Spain Hits 65.8 GW of Solar Projects With Grid Permits in March

Spain reported significant progress in its renewable energy sector, with approximately 129.57 GW of renewable energy projects receiving grid-connection permits …

LNG

Axpo Bolsters LNG Bunkering Business With Operations at Second Spanish Port

Axpo, a Switzerland-based renewable energy producer, recently completed its first ship-to-ship LNG delivery in Spain. The operation took place at the Port of Al…