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Nuclear Reactor

Westinghouse and Celeros Ft Sign MoU to Support Nuclear New-Builds

Westinghouse Electric Company has signed a memorandum of understanding (MoU) with Celeros Flow Technology (Celeros FT) to support new nuclear construction proje…

Electricity Transmission

US Power Use to Reach Record Highs in 2025 and 2026, EIA Says

On Thursday, the U.S. Energy Information Administration (EIA) released its Short Term Energy Outlook, forecasting record-high U.S. power consumption for 2025 an…

Oil & Gas Trade

Venezuela’s PDVSA Suspends Oil Loading Authorizations to Chevron, Sources Say

On Thursday, Venezuela’s state oil company, PDVSA, revoked several authorizations previously granted to U.S.-based Chevron for loading and exporting Venez…

Oil Price

Egypt Raises Fuel Prices for First Time in 2025

On Friday, Egypt adjusted fuel prices upward by 11.76% to 14.81%, the first such change in 2025, according to state media. The move aligns with the government&r…

Energy Storage Project

Colorado Utility Develops First Large-Scale Battery Storage System

Platte River Power Authority, a Colorado-based wholesale power provider, has teamed up with Weld Energy Storage, a subsidiary of NextEra Energy Resources, to la…

Solar project

NTPC Launches 50 MW Solar Project in Sri Lanka

NTPC Limited, an Indian energy company, has begun operating a 50 megawatt (MW) solar power project in Sri Lanka, as announced in a recent statement. This initia…

Power Construction

Azerbaijan Enhances Power Infrastructure in Kalbajar With New Transformer Station

Azerbaijan’s Kalbajar city will soon see the construction of a transformer station as part of the initial phase of an electricity supply project. This dev…

Nuclear Fusion

F4E Completes Cryopump Delivery for ITER Reactor

Fusion for Energy (F4E) has successfully delivered eight torus and cryostat cryopumps to the International Thermonuclear Experimental Reactor (ITER), currently …

Electric Vehicle Battery

NIO Power, Jining Hi-Tech Holding to Co-build Battery Swap Station in Shandong Province

On April 9, 2025, Wuhan NIO Energy Co., Ltd. (NIO Power) entered into a strategic partnership with Jining Hi-Tech Holding Group in Jining city, Shandong provinc…

Electric Vehicles

Tesla Model 3 and Model Y Prices Rose Higher in March as Sales Fell

Tesla’s average transaction prices (ATPs) for March 2025 reached an estimated $54,582, according to Cox Automotive’s Kelley Blue Book monthly report…

Hydrogen Project

ABO’s Finnish Hydrogen Plans Progress

ABO Energy has secured a planning reservation to construct a hydrogen production facility in Oulu, located in northern Finland. The proposed plant will feature …

Floating Offshore Wind

Norway Moves Floater Plans Forward

Norway’s Ministry of Energy has submitted a notification to the EFTA Surveillance Authority (ESA) outlining its support framework for floating offshore wi…

Oil Price

Texas Shale Industry Voices Frustrations With Trump as Oil Prices Tank

At the Permian Basin Petroleum Association’s Spring Swing golf tournament in Odessa, West Texas, oil industry leaders expressed frustration beyond the gam…

Geothermal Heating Project

Beius, Romania Presents Study on Pathway to 100% Geothermal Heating

A study by Icelandic partners highlights opportunities to expand geothermal heating in Beius, Bihor County, Romania, where the current system serves 70% of the …

Geothermal Drilling

Geothermal Exploration Drilling to Start in Magglingen, Switzerland by 2027

Exploratory drilling for the Magglingen geothermal project in Switzerland is set to begin by the end of 2027. The initiative aims to assess whether deep water s…