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Crude Oil
China’s Recovery in Crude Oil Imports Is More Bearish Than Bullish
China, the world’s largest crude oil importer, reported a slight increase in imports for the first four months of 2025, reaching 11.83 million barrels per…
Hydrogen Transport
South Korea Launches $40M Program to Build World’s Largest Liquid Hydrogen Carrier by 2027
South Korea’s Ministry of Trade, Industry and Energy (MOTIE) announced on May 9, 2025, the establishment of a Public-Private Joint Promotion Team for Liqu…
Kazakhstan
Kazakhstan’s Wheat Exports to Kyrgyzstan Doubles
Kazakhstan has significantly increased its wheat exports, with Uzbekistan emerging as the primary buyer of its new-crop grain, according to Forbes Kazakhstan. O…
Coal Trade
Indonesia Coal Exports Post Rare Decline So Far in 2025: Maguire
Indonesia, the world’s leading exporter of thermal coal, recorded a significant drop in shipments in 2025, reaching a three-year low due to reduced demand…
Oman
Oman Receives Record Shipment of Australian Wheat
The MV Vela Star docked at the Port of Salalah this week, delivering 726,815 metric tonnes of premium Australian wheat, marking the largest single wheat shipmen…
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,…
China
Jiangsu Ocean Shipping Orders Boxship Quartet
Jiangsu Ocean Shipping (JOSCO), a subsidiary of Jiangsu Port Group, has signed a contract with Jiangsu Soho Chuangke Shipbuilding in Yangzhou to construct four …
Electric Vehicles
Toyota Is ‘Reviewing’ Its Plans to Sell 1.5 Million EVs Next Year — Again
Toyota, the Japanese automaker, is reassessing its target of selling 1.5 million electric vehicles (EVs) annually by 2026 due to anticipated challenges from new…
Energy Storage System
Georgia Power Advances Battery Storage Projects Across Georgia
Georgia Power, a U.S.-based electric utility, has started building new battery energy storage systems (BESS) across Georgia, with a total capacity of 765MW. App…
Germany
BASF Partners With Plug Power on Hydrogen Purification Technology
BASF SE, based in Ludwigshafen, Germany, has entered into a Cooperation Agreement with Plug Power Inc., headquartered in Latham, New York, to integrate BASF&rsq…
Electric Vehicles
Chery Group Sees Monthly Vehicle Sales Rise 10.3% YoY in April 2025
In April 2025, Chery Group, a leading Chinese automaker, reported sales of 200,760 vehicles, a 10.3% increase from the previous year. Chery Automobile Co., Ltd.…
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…
Solar project
DESRI and Ranger Power Close Finance and Commence 290MW Solar Projects
DE Shaw Renewable Investments (DESRI), a renewable energy assets operator, and Ranger Power, a utility-scale clean energy developer, have finalized financing an…
Biofuel
Viva Energy Kicks off Australia’s First Cruise Ship Biofuel Trial
Viva Energy, an Australian fuel supplier, has initiated the country’s first marine biofuel trial on a commercial cruise ship. The trial began on April 5, …
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 …
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