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Photovoltaic (PV)
Indian Utility Ends 2 GW Solar Tender With Lowest Price of $0.03/KWh
Uttar Pradesh Power Corp. Ltd. has recently awarded 2 gigawatts (GW) of solar capacity to four bidders at tariffs ranging from ₹2.56/kWh to ₹2.57/kWh. The hig…
Oil Price
Petrobras Lowers Diesel Prices for First Time in More Than a Year
Petrobras lowers diesel prices for the first time in over a year, impacting fuel costs in Brazil. The state-run oil company announced a 4.6% cut in diesel price…
Oil & Gas Trade
PetroChina Reports Record 2024 Net Income on Higher Production
PetroChina (601857.SS), Asia's largest oil and gas producer, on Sunday said annual net profit rose 2% to a record high, as moderately higher production help…
Biofuel
Malaysia to Keep Crude Palm Oil Export Duty Rate at 10% in April
The Palm Oil Authority of Malaysia has issued a notice stating that the export duty rate for crude palm oil will remain at 10% in April and its benchmark price …
Battery
China Announces Procurement of Sodium-Ion Batteries With Price Ceiling at $150/KWh
An energy storage project integrating five different technologies is taking shape in a suburban district in the south of Shanghai, China. Once delivered, the Fe…
Metal
DRC Considering Extension of Cobalt Export Ban
The Democratic Republic of Congo (DRC), the world’s largest cobalt producer, is contemplating an extension to its cobalt export ban, which was initially s…
Gas Pipeline
Brazil’s Government Wants Lower Prices for Natgas Pipeline and Processing, Minister Says
Brazil could cut prices for firms to access gas pipelines and natural gas processing units, in a bid to lower consumer prices, Brazil's Minister of Mines an…
Biofuel
March WASDE Reduces Forecast for 2024-’25 Soybean Oil Use in Biofuel Production
The USDA reduced its forecast for 2024-’25 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, rele…
Biofuel
The End of Cheap Palm Oil? Output Stalls as Biodiesel Demand Surges
Prices of cooking oil could be buoyed up for years by stagnating production and a biodiesel push in top producer Indonesia that are making traditionally cheap p…
Metal
China’s MMG Suspends Operations at New DRC Plant After Year-Long Cobalt Slump
Chinese state-controlled mining company MMG suspended its cobalt processing plant at the Kinsevere mine in the Democratic Republic of Congo (DRC) shortly after …
Thermal Coal
Australian Thermal Coal Market Faces Uncertain Future
The Australian thermal coal market is currently experiencing a downturn, with contract prices hovering around $100 per tonne, reminiscent of pre-energy crisis l…
LNG
New Fortress Energy Posts Quarterly Loss Amid Lower LNG Export Prices
U.S. LNG firm New Fortress Energy (NFE.O),posted a loss in the fourth quarter on Monday, hurt by weaker performance in its ships as well as terminals and infras…
Oil Price
Oil Prices Climb From 2-Month Lows as Trump Axes Chevron’s Venezuela License
Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024.Oil prices rose slightly on Thursday, recovering from tw…
Oil Price
Oil Prices Slip as Kurdistan Export Resumption Looms
A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024.Oil prices slipped in Asia on Monday, extending losses from last week, on t…
Oil Price
Oil Holds Above $72 Amid Supply Uncertainty
Oil prices extended modest gains above $72 as supply concerns, a weaker dollar, and refinery shifts influenced market sentiment, while trading remained rangebou…
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