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Solar project

Vistra Connects Two New Solar Projects, Delays Coal Plant Closure in Illinois

Vistra announced that two new utility-scale solar projects in Illinois have connected to the grid and that, amid what it called widespread concern over reliabil…

China

China’s 2025 Steel Demand to Fall 1.5% on Year, State Research Institute Says

China’s steel demand is forecast to fall 1.5% in 2025 and drop 4.4% in 2024 from the year before, the state-backed China Metallurgical Industry Planning a…

Green Hydrogen

Climate Fund Managers Acquires 24% Stake in Hyphen Hydrogen Energy

Dutch-based for-profit investment manager Climate Fund Managers (CFM) has completed the acquisition of a 24% equity stake in Hyphen Hydrogen Energy through its …

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…

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…

Oil Price

Oil Prices Ease as Markets Weigh China Stimulus Hopes

Oil edged lower on Thursday in light holiday trade as the dollar's strength offset hopes for additional fiscal stimulus in China, the world's biggest oi…

United States

The Coming Critical Minerals Trade War Is Brics Short of a Load

The incoming Trump administration’s threat of tariffs has muddied the already cloudy outlook for mining and metals in 2025.Chinese retaliation has been sw…

Oil Refinery

NLC Hails Dangote Refinery for Fuel Price Cut

The Nigeria Labour Congress has commended Dangote Refinery for its recent reduction in fuel prices, describing it as a timely economic relief for Nigerians.Spea…

Oil Exploration

Onshore Petroleum Auction Set to Be Held

Authorities are calling for bids for onshore petroleum exploration and production in nine areas in the Northeast and central region for the first time in 17 yea…

Electric Vehicles

Andy Palmer Says “Hybrids Are a Road to Hell”

Who is Andy Palmer and why is he saying Hybrids are a road to hell? Admittedly, Palmer is not a household name, but he is well known in the auto industry. He we…

Natural Gas

Gazprom Greenlights $15 Billion Investment Plan to Bolster Gas Production Capacity

The board of directorates of Russia’s giant Gazprom has given its seal of approval for the firm’s projected investment program and budget for next y…

Russian

Krasnodar Declares Regional Emergency as Black Sea Oil Spill Cleanup Stalls

Authorities in southern Russia’s Krasnodar region have declared a regionwide state of emergency as cleanup efforts for an oil spill along the Black Sea co…

Natural Gas

US Natgas Prices Hit 23-Month High on Increased LNG Feedgas, Heating Demand

US natural gas futures hit a 23-month high on Tuesday in thin pre-holiday trading, supported by an increase in the amount of gas flowing to liquefied natural ga…

Oil Shale

Iran Pioneers Shale Oil Extraction Technology to Achieve Energy Independence

In a groundbreaking achievement, Iranian researchers have developed innovative technology to extract shale oil from reservoirs. This is reported by Mehr News Ag…

Russian

Global Oil Demand to Gain 1-1.5 Mbd in 2025

Russia expects growth of global oil demand in 2025 to reach from 1 mln barrels per day (mbd) to 1.5 mbd, Deputy Prime Minister Alexander Novak said in an interv…