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Wind Turbine
Vestas Closes Year With a Flurry of Orders
Vestas has closed out the year with a glut of orders totalling 761MW across the US, Europe, and Africa.In the US, the company announced a pair of orders for und…
Oil Price
Oil Inches Lower in Thin Trade, Investors Eye China, US Data
Oil prices slipped lower on Monday in thin holiday trade ahead of the year-end as traders awaited more economic data from China and the U.S. later this week to …
Libya
Libya’s Oil Production Surpasses Annual Target
The National Oil Corporation (NOC) announced that daily crude oil production has surpassed its annual target, reaching 1,405,609 barrels of crude oil and an add…
Iran
Iran Increases Oil Production by 250,000 B/D
Iran is increasing oil production by additional 250,000 b/d, ABC.AZ informs, quoting Iranian Oil Minister Mohsen Paknejad.At the end of November, Hamid Bovard, …
Hydrogen Fuel Cell
AI Replaces Humans in Identifying Causes of Fuel Cell Malfunctions
Dr. Chi-Young Jung's research team from the Hydrogen Research & Demonstration Center at the Korea Institute of Energy Research (KIER) has successfully devel…
France
European Electricity Market Prices Rose Over Christmas Week as Wind Power Fell and Gas Rose
In the fourth week of December, prices in most major European electricity markets rose, exceeding €100/MWh on a weekly average. These rises were driven by …
China
Iron Ore Price Reverses to Losses as Weakening China Steel Consumption Drags
Iron ore futures prices fell on Thursday, reversing from earlier gains, with weakening downstream steel consumption dampening sentiment and investors hungry for…
Natural Gas
Petrobras Informs About New Law for the Oil and Gas Sector
Petrobras informs that the Brazilian government enacted Law 15,075/2024, dated December 26, 2024, which addresses the possibility of transfer of local content s…
Hydrogen Technology
Korea Proposes New Global Standards for Hydrogen Technology at ISO/TC197 General Assembly
Two hydrogen technologies proposed by Korea as new international standards have received the consent of experts at the recently held ISO/TC197 General Assembly,…
Green Hydrogen
Green Hydrogen Projects Worth US $21 Billion in Mexico’s Pipeline
The Mexican Association of Hydrogen, Storage, and Sustainable Mobility (AMH2), in collaboration with Mexico’s Ministry of Energy (SENER), will fund 18 clean hy…
Hydrogen Fuel Vehicle
Hydrogen Demand From Transportation Sector Up 64 Pct in 2024
South Korea’s demand for hydrogen fuel in the mobility sector jumped 64 percent in 2024 from a year earlier, driven by the increasing number of hydrogen b…
Green Hydrogen
AES Andes Submits Eia for Industrial-Scale Hydrogen Project in Chile
Energy company AES Andes has submitted an environmental impact assessment (EIA) to Chilean permitting authorities for a proposed industrial-scale green hydrogen…
Metal
El Salvador President Proposes Bill to Overturn Metals Mining Ban
El Salvador’s Congress will begin debating a bill on Saturday from President Nayib Bukele that would overturn a 2017 national ban on metals mining, the he…
China
Iron Ore Rises on Pre-holiday Restocking, China Stimulus Hopes
Iron ore futures prices gained for a second straight session on Tuesday, supported by pre-holiday restocking by steelmakers in top consumer China and revived ho…
United States
President Biden to Decide Fate of Nippon Steel’s $15BN Bid for US Steel
Nippon Steel’s $15 billion bid for US Steel has been referred to US President Joe Biden, a White House spokesman said, giving the president 15 days to decide o…
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