Trade

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…

Solar project

South Korea Fines Solar Operators, Cancels 347 MW of Renewable Projects

South Korea’s Ministry of Trade, Industry and Energy (MOTIE) announced that its Electricity Regulatory Commission (ERC) has imposed fines on eight solar o…

Oil & Gas Trade

Vitol Steps up Venezuela Oil Buying Before U.S. License Lapses

Vitol Group, the world’s largest independent oil trader, has increased its oil purchases from Venezuela in April, utilizing a U.S. license set to expire o…

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…

China

China Cuts Wheat Imports: Global Markets Brace for Major Shakeup

The global wheat trade is projected to decrease significantly in the 2024-25 season, with the US Department of Agriculture (USDA) forecasting a 9% reduction com…

China

Global Grain Markets React to China’s Curtailment of Wheat Imports

The global wheat trade is projected to decrease significantly in the 2024/2025 season, with the U.S. Department of Agriculture (USDA) estimating a 9% reduction …

Solar project

Spain Hits 65.8 GW of Solar Projects With Grid Permits in March

Spain reported significant progress in its renewable energy sector, with approximately 129.57 GW of renewable energy projects receiving grid-connection permits …

Brazil

Brazil: Domestic Market Begins to Focus On Exports of 2025 Second Corn Crop

Global markets faced heightened tension in April 2025 as trade disputes between the U.S. and China intensified, affecting commerce and agricultural planning. Th…

Energy Storage Project

Spain’s Cegasa Presents Its First Utility-Scale Battery

Spanish energy storage manufacturer Cegasa will exhibit its advanced battery solutions at the Smarter E 2025 trade show, held from May 7 to May 9, 2025, in Muni…

Ukraine

Ukrainian Rapeseed Is Becoming a Scarce Crop for Exporters

Ukraine’s new crop rapeseed market is experiencing a shortage, with traders and processors increasing purchases due to limited supply and consistent deman…

Carbon Emissions

South Korea–Europe Green Shipping Corridor Promises 70% Co₂ Cut

A recent report by South Korea’s Solutions for Our Climate (SFOC) highlights that a proposed Green Shipping Corridor (GSC) between Pyeongtaek Port and maj…

Bangladesh

Rice Prices Plummet 16% in Eastern India Amid Bangladesh’s Land Port Closure

In Bangladesh, rice prices in the eastern region have decreased by 16% over the past ten days, driven by the closure of land ports with India and an increase in…

LNG

Hanwha Seizes Chance to Build US LNG Tankers

Hanwha Shipping, a South Korean shipbuilder, has announced plans to construct the first US-built liquefied natural gas (LNG) tanker at Philly Shipyard, which it…

Electricity Trade

Nigeria Reduces Electricity Subsidies by 35% Following Tariff Hike for Heavy Users

Nigeria has reduced electricity subsidies by 35% following a tariff increase for specific consumers last year, according to Power Minister Adebayo Adelabu. The …