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Cuba

Cuba starts to restore power after new blackout

Cuban authorities started to gradually restore power to the island Sunday after the second nationwide blackout in a week, as the grid struggles due to an aging …

United States

Terra Energy Center and Korate Asset Management Invest in Alaska's 1.25GW Coal-Fired Power Plant Project

according to data reported by the U.S. Department of the Interior, the American energy company Terra Energy Center plans to invest $1 billion (approximately KRW…

Crude Oil

Spain to release 11.5M barrels from strategic oil reserves

The Spanish government on Tuesday approved the release of up to 11.5 million barrels of oil from its reserves in a bid to ease supply shortages.Speaking to repo…

Framatome's 2025 Financial Growth: French and UK EPR Projects Become Key Drivers

Framatome reported its 2025 financial results, with new orders reaching €5.924 billion and revenue at €5.399 billion, representing organic growth of 1…

UK EA Technology Report: Smart Grid Demand Grows to Support Net Zero Emissions

A new report released by VisNet, part of UK EA Technology, states that building smarter electricity networks is becoming increasingly important as households ad…

US Ward250 Microreactor Completes First Air Transport Test, Ground Evaluation to Follow

The Ward250 microreactor (without fuel), a collaboration between the US Department of Defense, the Department of Energy (DOE), and Valar Atomics, has completed …

Constellation Energy Releases 2025 Financial Report, Adjusted Operating Earnings Grow

Constellation Energy Corporation recently announced its financial results for the fourth quarter and full year of 2025. According to the report, the company'…

BP and Corteva Establish Biofuel Feedstock Joint Venture to Advance Sustainable Energy Development

BP and the U.S. agricultural technology company Corteva Agriscience recently jointly announced the formal establishment of a joint venture named Etlas™, f…

Japan’s first floating offshore wind farm powers up

Japan’s first commercial offshore wind farm, Goto, has commenced operations.The Goto Floating Wind Farm consortium (SPC) said the wind farm, which started…

BP and Corteva Jointly Establish Biofuel Feedstock Enterprise

BP recently announced the establishment of a biofuel feedstock joint venture named "Etlas™" with the publicly traded agricultural company Corteva, with ea…

1,200 MW Kalai-II Hydropower Project In Arunachal Pradesh Gets Central Environment Panel's Nod: Report

The 1,200 MW Kalai-II hydroelectric project on the Lohit River in Anjaw district of Arunachal Pradesh has received the environmental clearance from a Union Envi…

Türkiye to launch offshore oil and gas exploration off Somalia

Developments in Venezuela, where the United States is reportedly conducting a special operation targeting President Nicolas Maduro, could push global oil prices…

Oil&Gas Drilling

UAE Shipyard Welcomes Saudi Arabian Drilling Rig for Maintenance Operations

Abu Dhabi-headquartered Marine Oilfield Integrated Solutions has confirmed that a jack-up drilling rig owned by Saudi Arabia's Arabian Drilling has arrived …

Ukraine

Grain Exports From Ukraine Exceeded 14.5 Mln Tons

As of December 24, 2025, in the 2025/26 marketing year, Ukraine has exported 14 million 502 thousand tons of grain and leguminous crops. According to data publi…

China

Yang Ming’s Dry Bulk Arm Lines up Ultramax Quartet at Japanese Yards

Kuang Ming Shipping, the dry bulk subsidiary of Taiwanese liner group Yang Ming Marine Transport, has placed orders for four ultramax bulk carriers at Japanese …