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Oil Price

US Oil Prices Drop More Than $1 as Inventory Build Raises Oversupply Fear

U.S. crude futures dropped more than $1 in early trading on Thursday after unexpected data showed an increase in U.S. crude oil inventories, sparking concerns a…

Battery

Eku Energy Secures £145M BESS Financing

Eku Energy has obtained £145 million in financing to support the development of grid-scale battery storage projects across the UK. The funding, provided b…

Oil Field

Murphy Discovers More Oil in Cuu Long Basin Offshore Vietnam

Murphy Oil Corp. has announced a significant oil discovery in Block 15-1/05, located in the Cuu Long Basin offshore Vietnam. The exploration well Lac Da Hong-1X…

Photovoltaic （PV）

Aypa Power Secures $535M for Hybrid Solar and Energy Storage Project in California

Aypa Power, part of the Blackstone portfolio, has obtained $535 million in debt financing for its Vidal solar-plus-storage project in San Bernardino County, Cal…

Wind Farm

Ameresco’s Irish Subsidiary Secures Approval for Kilvinane Wind Farm Upgrade

Ameresco’s Irish subsidiary, Cork Sustainable Energy Limited (CSEL), has obtained approval from An Bord Pleanála to upgrade the Kilvinane Wind Farm…

Hydrogen Project

Hystar Secures More Than $36 Million to Fast-Track Electrolyzer Deployment

Norwegian hydrogen technology company Hystar has secured over $36 million in a Series C funding round to expand the commercial production of its electrolyzers. …

Offshore Wind Power

Seatools to Deliver Subsea Metrology and Control System for Fengmiao 1 Offshore Wind Farm

Netherlands-based Seatools has secured a contract with CSBC-DEME Wind Engineering (CDWE) to provide a metrology and control system for the pre-piling template (…

Hydrogen Fuel Vehicle

ClassNK Issues Guidelines for Safe Operation of Ammonia-Fueled Vessels

Japanese classification society ClassNK has issued new guidelines to facilitate the safe use and handling of ammonia as a marine fuel. Released recently, these …

Ethanol

China to Allow Brazil’s Ethanol By-Product Amid Lula Visit, US-China Trade War

On Tuesday, Brazil finalized protocols with China to export distillers dried grains (DDGs), a nutrient-rich ethanol by-product used in animal feed for pigs, cat…

Canada

Ontario Seeks Arctic Port on James Bay

Ontario government officials have proposed developing a maritime port on James Bay, southeast of Hudson Bay, to enhance trade connectivity. This initiative, aim…

United Arab Emirates

Al Maktoum International Airport’s Development Progresses

Dubai Aviation City Corporation (DACC) has reported advancements in the Al Maktoum International Airport development, with key contracts awarded and others in t…

South Africa

MTN South Africa Launches Aggressive 4G Smartphone Push With R99 Handsets

MTN South Africa is taking a significant step to increase 4G adoption across the nation by offering 1.2 million 4G-enabled smartphones to its prepaid subscriber…

Italy

Fincantieri Achieves Its Best Ever Order Intake and Quarterly Results

Italian shipbuilding company Fincantieri reported its strongest financial performance to date in the first quarter of 2025, supported by record order intake and…

Hungary

Hungary’s Poultry Sector Poised to Strengthen Position on European Market

Hungary has a potential opportunity to expand its poultry production despite challenges posed by avian influenza and global trade tensions. During a World Poult…

Offshore Wind Power

Tekmar Secures Grouting Contract for 1.1 GW Scottish Offshore Wind Farm

UK-based Tekmar Group has secured a contract to provide specialized grouting services for the 1.1 GW Inch Cape offshore wind farm in Scotland. The agreement, aw…