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Natural Gas
BP, Repsol Start Production at Cypre Gas Project in Trinidad
BP PLC announced on Monday that the Cypre field, located 78 kilometers off Trinidad and Tobago’s southeast coast, has begun production. Situated in the Ea…
Solar project
Jinneng Launches 5 GW Solar Project in Coal Zone in China
Jinneng Group, a major state-owned energy firm in Shanxi Province, has launched construction on three significant photovoltaic projects in the coal mining subsi…
Metal
Masivo Silver to Acquire Cerro Colorado Project in Mexico
Masivo Silver, a Canadian junior mining company focused on silver and gold exploration, has completed an agreement with Minera GoldZone and its partners to acqu…
Australia
Minerals 260 completes $220m capital raise for Bullabulling gold development in Australia
Minerals 260 has successfully raised $220 million to fund the acquisition of the Bullabulling Gold Project in Western Australia. This was achieved by issuing 1.…
Metal
Verdant Minerals’ Ammaroo Phosphate Project in Australia Secures Mineral Leases
The Northern Territory (NT) Government has recently granted Verdant Minerals two mineral leases for the Ammaroo Phosphate Project in central Australia. Located …
Oil & Gas Trade
China’s CNOOC Exits U.S. Offshore Oil and Gas
British energy firm Ineos has finalised its acquisition of the U.S. Gulf assets from China’s state-owned oil company, CNOOC. The deal, completed on April …
Geothermal Heating Project
Xiong’An New Area, China Records Steady Growth of Geothermal Heating
On the 8th anniversary of its establishment, the Xiong’An New Area in Hebei, China, has achieved remarkable progress in geothermal energy. The area now bo…
Crude Oil
Mexico’s Finance Ministry Estimates Crude Oil Production 129,000 Bpd Below Target
Mexico has adjusted its crude oil production forecast for 2025, reducing the estimate by 129,000 barrels per day (bpd). The finance ministry announced this chan…
Energy Storage Project
Mexico Announces Battery Storage Mandate for Renewable Energy Plants
As renewable energy projects in Mexico continue to expand, new requirements have been introduced to enhance grid stability. Under a recent directive, all wind a…
Crude Oil
Crude Oil Exports by Mexico’s Pemex Rise 33% in February From January
Crude oil exports by Mexican state energy company Pemex (PEMX.UL) grew 33% in February compared to January, recovering from a tumble the month before but still …
Battery
China Announces Procurement of Sodium-Ion Batteries With Price Ceiling at $150/KWh
An energy storage project integrating five different technologies is taking shape in a suburban district in the south of Shanghai, China. Once delivered, the Fe…
Biofuel
EIA: Densified Biomass Fuel Sales at 920,000 Tons in December
U.S. manufacturers produced approximately 900,000 tons of densified biomass fuels in December, according to the March edition of the U.S. Energy Information Adm…
Carbon Capture
Aramco Launches CO2 Dac Test Plant in Saudi Arabia
Saudi Arabian Oil Co. (Aramco) said it has launched Saudi Arabia’s first facility for the direct air capture (DAC) of carbon dioxide (CO2).The facility wi…
Virtual power plants
How Virtual Power Plants Enhance Grid Operations and Resilience
A virtual power plant (VPP) is a network of decentralized, small- to medium-scale power generating units, flexible power consumers, and storage systems that are…
Electric Vehicles
Xiaomi EV Hits Cumulative Delivery Milestone of 200,000 Vehicles
Xiaomi's Chairman Lei Jun announced on his Weibo account that cumulative deliveries of Xiaomi EV have exceeded 200,000 units on March 18, with the milestone…
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