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Rice
Oil&Gas Drilling
Drillers in Canada Shift to Natural Gas as Trade War Drives Down Oil Prices
In Alberta, Canada’s primary energy region, drilling companies are increasingly focusing on natural gas due to declining oil prices driven by global marke…
Hydropower Plant
Locus Energy Acquires 158GWh Hydropower Portfolio in Norway
Locus Energy, a portfolio company of SEB Nordic Energy, has acquired a 158 gigawatt-hours (GWh) hydropower portfolio across the Norwegian price areas NO2 to NO5…
Electric Vehicles
Dongfeng Nissan’s N7 All-Electric Sedan Hits Market, Starting at 119,900 Yuan
On April 27, 2025, Dongfeng Nissan introduced its first mid-to-high-end pure electric sedan, the N7, with prices ranging from 119,900 yuan to 149,900 yuan acros…
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…
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…
Electric Vehicles
Tesla Hikes Prices on Its EVs in Canada Amid Tariffs, Expect Demand Collapse
Tesla, the American electric vehicle manufacturer, has raised prices across its entire lineup in Canada, with increases ranging from 13% to 22%. The adjustments…
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.…
United Kingdom
GB Forestry Market Shows Signs of Stability After Two-Year Decline
The UK commercial forestry market is rebounding after two years of decline, with high-quality plantations attracting strong investor interest and commanding pre…
Energy Storage Project
1komma5° Releases Residential Battery for Non-PV Homeowners
German renewable energy company 1Komma5°, based in Hamburg, has introduced a new power storage system called PowerHarvester, designed to help households wit…
Bangladesh
Rice Prices Plummet 16% in Eastern India Amid Bangladesh’s Land Port Closure
In Bangladesh, rice prices in the eastern region have decreased by 16% over the past ten days, driven by the closure of land ports with India and an increase in…
Ukraine
Price of a Ton of Ukrainian Agricultural Exports Increased 1.4 Times
In Ukraine, the price per ton of agricultural exports rose to $443 in April 2025, up from $315 the previous year, according to Vitaliy Koval, Minister of Agrari…
Electric Vehicles
Great Wall Motor’s WEY Kicks off Presale of All-New Gaoshan Lineup
On April 21, Great Wall Motor’s WEY brand launched presales for its new Gaoshan MPV series, introducing three variants: the Gaoshan 7, Gaoshan 8, and Gaos…
Metal
JP Morgan See Gold Prices Crossing $4,000/Oz by Q2 2026
JP Morgan forecasts gold prices to surpass $4,000 per ounce by the second quarter of 2026, with an average of $3,675 per ounce expected by the fourth quarter of…
Electricity Trade
Nigeria Reduces Electricity Subsidies by 35% Following Tariff Hike for Heavy Users
Nigeria has reduced electricity subsidies by 35% following a tariff increase for specific consumers last year, according to Power Minister Adebayo Adelabu. The …
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