Rice

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…

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…