Russian forces have seized the village of Shevchenko in eastern Ukraine, a strategically significant location near the Kruta Balka lithium deposit, one of Europe’s largest untapped hard-rock lithium prospects. This development, reported by OilPrice.com on […]
According to a statement by PetroVietnam, the first ignition milestone took place on June 6. PV Power expects to launch the commercial operation of the Nhon Trach 4 LNG power plant, with a capacity of […]
On April 28, 2025, Spain and parts of Portugal plunged into darkness in one of Europe’s worst blackouts in modern history. The 18-hour outage disrupted daily life, grounding flights, halting trains, and crippling mobile networks […]
At the NATO summit held in The Hague on June 25, 2025, alliance leaders agreed to a bold new defense spending target of 5% of GDP by 2035, a significant leap from the previous 2% […]
China, the world’s largest importer of liquefied natural gas (LNG) and crude oil, is experiencing a sustained decline in LNG imports for the eighth consecutive month in June 2025. This trend, coupled with shifts in […]
The energy sector is buzzing with speculation following an exclusive report from The Wall Street Journal, which revealed that Shell (NYSE:SHEL) is in early-stage talks to acquire its British rival BP (NYSE:BP). This potential $80 […]
China’s EV market is quite fascinating, and some of their products are equipped with cool features; however, their predatory practices, which contribute to trade imbalances in export markets, are taking a toll on the EV […]
Nasdaq-listed Greek tanker owner and operator Performance Shipping has agreed to the refinancing of an existing outstanding loan of $29.75m with compatriot Alpha Bank. Proceeds from the facility will be used to fully refinance the […]
The Brazilian Institute of Environment and Renewable Natural Resources (IBAMA) has granted the first preliminary license for an offshore wind energy project in Brazil. The license was awarded to the Senai Institute for Innovation in […]
Japan, once the undisputed titan of global shipbuilding, is embarking on an ambitious journey to rejuvenate its maritime manufacturing prowess, aiming to double its shipbuilding output by 2030. This bold strategy, spearheaded by the ruling […]
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