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Natural Gas
EIA Expects USA Gasoline Price to Drop In 2025 and 2026
The U.S. Energy Information Administration (EIA) has released its latest short-term energy outlook (STEO) on May 6, forecasting a decline in U.S. regular gasoli…
Electricity Trade
Net Electricity Prices for End Customers Fall Below Zero for First Time in Germany
On May 11, 2025, electricity prices for German customers with dynamic tariffs dropped below zero for the first time this year, after accounting for approximatel…
China
COSCO Shipping Bulk Orders New Ammonia and Methanol-Ready Ships
COSCO Shipping Bulk, a subsidiary of COSCO Shipping, has ordered two 209,800 dwt ammonia and methanol-ready bulk carriers from Qingdao Beihai Shipbuilding in Qi…
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…
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…
Metal
Barrick Mining Reports 61% Increase in Net Earnings in Q1 2025
Barrick Mining reported a 61% year-on-year increase in net earnings, reaching $474 million in the first quarter of 2025, up from $295 million the previous year,…
Brazil
Brazil Pork Prices Dip in April but Remain Higher Year-Over-Year
In Brazil, average prices for live pigs and pork meat decreased from March to April 2025, primarily due to reduced demand from the processing industry, accordin…
Electric Vehicles
Great Wall Motor Posts 5.55% YoY Rise in April 2025 Auto Sales, With NEV Sales Jumping 28.42% YoY
In April 2025, Great Wall Motor (GWM) reported sales of 100,061 new vehicles, reflecting a 5.55% increase compared to the previous year. Vehicles priced above 2…
Natural Gas
Occidental Reports Quarterly Profit Beat on Strong Output, Natural Gas Prices
Occidental Petroleum announced on Wednesday that its first-quarter profit for 2025 exceeded Wall Street expectations, driven by robust production and favorable …
Oil Price
Colombia’s Ecopetrol Plans Cost Cuts as Lower Oil Prices Bite
On Wednesday, Ecopetrol, Colombia’s state-owned oil company, announced plans to reduce costs and expenses by approximately 1 trillion pesos ($232 million)…
Brazil
Brazil Forecasts Pork Production and Export Growth Despite Rising Corn Prices
Itaú BBA’s recent report projects a positive outlook for Brazil’s pork and poultry sectors in 2025, despite rising corn prices, a key animal …
Hydropower Plant
Upgrade Plan Submitted for Nore Hydropower Plants in Norway
Statkraft has applied for a license to modernize its Nore hydropower plants in Buskerud, Norway, located along the Numedalslågen river. The project, estim…
Solar project
US Residential Solar Hits Record Low of $2.50/W, Says Energysage
EnergySage, a marketplace operator, reported in its latest solar and storage report that residential solar prices reached historic lows in the second half of 20…
Ukraine
Declining Wheat Quotes Reduce Export Demand in Ukraine
Falling wheat prices in the United States, driven by favorable weather for spring and winter crop development, have reduced export demand for Ukrainian wheat. A…
Electricity Trade
Germany Advised to Split Power Market to Reflect Regional Cost Differences
A report by the European Network of Transmission System Operators for Electricity (ENTSO-E) suggests that Germany should consider dividing its electricity marke…
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