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Offshore Wind Power

Luxcara Awards German Offshore Design Contracts

Hamburg-based Jörss - Blunck - Ordemann (JBO) has secured two offshore wind foundation design contracts from Luxcara for projects in the German Exclusive E…

Crude Oil

Sinopec’s Quarterly Net Income Falls 28% on Slower Fuel Sales

On Monday, China Petroleum & Chemical Corp, known as Sinopec, reported a 27.6% decline in first-quarter net income compared to the previous year. The company, l…

Oil Refinery

Spanish Oil Refineries Shut Down After Power Blackout

On Monday, a widespread power outage across Spain and Portugal forced several oil refineries to suspend operations, including both plants managed by Moeve, Spai…

Electricity Transmission

Loss of Power, Franco-Spanish Interconnection Failure Led to Grid Collapse

On Monday, a widespread blackout affected large parts of the Iberian Peninsula, primarily due to a significant and sudden reduction in electricity supply, accor…

LNG

Woodside Greenlights $17.5 Billion US LNG Project, Targets 2029 Start

Woodside Energy, an Australian energy company listed as WDS.AX, announced its final investment decision for a Liquefied Natural Gas (LNG) project in Louisiana, …

CCS

Calpine Strikes New Agreement for Texas Power Generation CCS Project

Exxon Mobil has entered into an agreement with Calpine to transport and permanently store up to 2 million metric tons of CO2 annually from Calpine’s Bayto…

Brazil

Brazil’s Ethanol Boom Keeps More Corn at Home

Brazil’s rising domestic corn consumption is expected to reduce its role in the global export market, potentially benefiting other exporters and influenci…

Offshore Wind Power

Global Energy Giant RWE Halts US Offshore Wind Because of Trump

RWE, a leading global renewable energy company based in Germany, has paused its US offshore wind operations due to recent policy shifts. The decision was announ…

China

China Accelerates Shift to Brazilian Soybeans, as US Agricultural Exports Plunge Amid Tariffs

In April 2025, China’s Zhejiang Province is seeing a significant increase in soybean shipments from Brazil. Around 40 Brazilian soybean vessels are expect…

Poland

European Import Restrictions Promise a Catastrophe for Poland’s Poultry Industry

The European Commission is evaluating restrictions on poultry exports from Polish regions affected by bird flu outbreaks, with potential measures set to begin o…

Nuclear Power Plant (NPP)

Core Pump Systems Installed at Akkuyu 2

Rosatom has completed the installation of four main circulation pumping units (GTsNA) in the reactor compartment of unit 2 at the Akkuyu Nuclear Power Plant (NP…

Coal Mine

Khanye Colliery Becomes South Africa’s First Bettercoal Producer

Canyon Coal’s Khanye Colliery, located in Bronkhorstspruit, Gauteng, South Africa, will implement a four-year Continuous Improvement Plan (CIP) under the …

Morocco

Morocco Sets Ambitious 5G Goals as Part of Maroc Digital 2030 Initiative

Morocco is preparing to launch its 5G network, aiming to cover 25% of its population by the end of 2025 and 70% by 2030, as part of the Maroc Digital 2030 progr…

Oil&Gas Drilling

Russia Oil Drilling at Fastest Pace in 5 Years as Curbs Ease

Russia’s oil producers have intensified drilling activities, reaching levels unseen in at least five years, preparing for potential increases in OPEC+ out…

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…