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UK sanctions Rosneft, Lukoil and 51 vessels linked to Russian oil exports

The United Kingdom targets two Russian oil majors, Asian ports and dozens of vessels in a new wave of sanctions aimed at disrupting Moscow's hydrocarbon exports.

Brent under pressure: traders expect prices to fall towards $60

Major global oil traders anticipate a continued decline in Brent prices, citing the fading geopolitical premium and rising supply, particularly from non-OPEC producers.

Washington eases penalties on LNG exports tied to US ship rules

The US government has withdrawn its proposal to suspend liquefied natural gas export licences for failure to comply with maritime requirements, while maintaining a phased implementation schedule.
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Gotion High-Tech unveils 20 MWh mega battery to support Riyadh

Gotion High-Tech presented in Saudi Arabia a modular 20 MWh storage solution aimed at strengthening the country's energy capacity under its Vision 2030 strategy.

GCL equips 146,000 modules for 76 MW agrivoltaic solar plant in Germany

The Tützpatz solar project, developed by Vattenfall and powered by GCL System Integration, combines energy production and agricultural use across 93 hectares without public funding.

Battery prices in Asia-Pacific drop to record lows through 2029

Utility-scale battery storage system costs continue to fall across Asia-Pacific, but the pace of reductions is expected to slow significantly by 2029, according to Wood Mackenzie projections.
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StarCharge signs 500MWh contract with ENERGY INVESTMENT LLC in Eastern Europe

StarCharge has secured a 500MWh energy storage order through a strategic agreement with ENERGY INVESTMENT LLC, strengthening its position in rapidly evolving Eastern European markets.

JA Solar begins mass production of its 650W DeepBlue 5.0 solar modules

Chinese manufacturer JA Solar has started initial deliveries of its 650W n-type DeepBlue 5.0 module from its automated production site in Yangzhou.

Low attendance of world leaders at COP30 despite climate and logistical urgency

The COP30 conference hosted in the Amazon by Brazil faces low participation from global leaders, amid geopolitical tensions and major logistical challenges.
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Sungrow and ENGIE activate 400 MWh of Europe’s largest storage project

The Vilvoorde site in Belgium now hosts 400 MWh of operational capacity on a total 800 MWh project, marking a key milestone for electricity storage on the continent.

China’s crude oil imports rise 3.9% in September

China imported an average of 11.5 million barrels of crude oil per day in September, supported by higher refining rates among both state-run and independent operators.

Unipec redirects supertanker to Ningbo after US sanctions

The New Vista vessel, loaded with Abu Dhabi crude, avoided Rizhao port after the United States sanctioned the oil terminal partly operated by a Sinopec subsidiary.
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India invests $77 billion in large-scale hydroelectric plan amid China tensions

New Delhi plans to allocate INR6.4tn ($77bn) to develop transmission infrastructure for 76 GW of electricity from the Brahmaputra Basin by 2047, amid growing cross-border pressures.

Australia loses Asian markets for seaborne thermal coal

Falling Chinese imports and Asia’s regional pivot increase pressure on Australian thermal coal exporters.

GoldenPeaks Capital and Envision sign deal for 1 GWh battery storage in Europe

GoldenPeaks Capital and Envision have signed a memorandum of understanding to deploy up to 1 GWh of next-generation battery energy storage systems across several European markets.
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Washington targets Iranian oil with new sanctions on phantom fleet

The US Treasury Department has imposed sanctions on more than 50 entities linked to Iranian oil exports, targeting Chinese refineries and vessels registered in Asia and Africa.

Goldwind launches green methanol production in Inner Mongolia with CNY2.3bn investment

The first phase of a green methanol project in Inner Mongolia has successfully completed biomass gasifier technical tests, marking a key milestone in Goldwind's industrial deployment.

Ming Yang plans £1.5bn wind turbine factory in Scotland

Chinese manufacturer Ming Yang plans to build the UK’s largest wind turbine facility in Ardersier, with an initial £750mn investment and up to 1,500 jobs created by 2028.
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Maersk and CATL enter global strategic partnership for energy logistics

Maersk and CATL have signed a strategic memorandum of understanding to strengthen global logistics cooperation and develop large-scale electrification solutions across the supply chain.

Chinese refineries cut Iranian crude purchases by 46% in September

Import quotas exhaustion and falling demand push Chinese independent refineries to sharply reduce Iranian crude volumes, affecting supply levels and putting downward pressure on prices.
  • Populaires sur energynews.pro
ASEAN targets $10.7 billion in investments to modernise its power grids
INNIO to deliver 80 MW to strengthen power grid stability in Indonesia
GCL equips 146,000 modules for 76 MW agrivoltaic solar plant in Germany
Washington eases penalties on LNG exports tied to US ship rules
Storengy puts 100 TWh of gas storage capacity on the market through 2030

Ecuador awards Sinopec a $105mn oil drilling contract in the Amazon

Petroecuador signed an agreement with Sinopec to drill new wells in the northeastern Amazon, aiming to increase output by 12,000 barrels per day.

Macron welcomes Berdymukhamedov in pursuit of gas deals with Turkmenistan

The French president hosts Turkmen leader Gurbanguly Berdymukhamedov in Paris to finalise economic agreements amid geopolitical rivalries over Central Asian gas resources.

US solar tariffs redirect supply flows to Southeast Asia

The US announcement of tariffs exceeding 3,500% on Southeast Asian solar panels is pushing manufacturers to shift focus toward high-potential regional markets.
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Golar signs 20-year deals in Argentina for two FLNG units totalling $13.7bn

Golar LNG finalised long-term charter agreements with Southern Energy S.A. for two FLNG units offshore Argentina, generating a projected order backlog of $13.7bn.

Platts expands low-carbon marine methanol assessments to Shanghai and Rotterdam

Platts has released its first low-carbon marine methanol price assessments in Shanghai and Rotterdam, enhancing price visibility for maritime transport and the alternative methanol value chain.

Opec+ ramps up production despite crude falling below $62

Eight Opec+ members will raise output by 411,000 barrels per day in June, boosting global supply amid falling prices and ongoing trade tensions.
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CBAK Energy reaches 14.6% of global 32140 cylindrical cell market in Q1

Chinese battery manufacturer CBAK Energy rose to fourth place in the global 32140 cylindrical cell market, according to data from the Start Point Institute of Research.

Westinghouse and Bechtel continue Polish nuclear project with new agreement

Polskie Elektrownie Jądrowe signed a new agreement with the Westinghouse-Bechtel consortium to ensure the continuity of the development of Poland’s first nuclear power plant project.

China Faces Looming Decline in Automotive Gasoline Demand

As electric vehicles now account for more than half of new registrations in China, domestic gasoline demand is showing tangible signs of slowing down, raising significant strategic questions for refiners, according to the Oxford Institute for Energy Studies.
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PetroChina records a 2.3% increase in net profit in the first quarter of 2025

PetroChina announced stable growth in operational results for the first quarter of 2025, supported by an increase in oil and gas production and accelerated development in renewable energies.

China Approves Ten New Nuclear Reactors, Marking Historic Major Investment

The Chinese State Council has just authorized the construction of ten new nuclear reactors across five strategic sites, highlighting a massive acceleration in energy ambitions to achieve record installed capacity by 2025.

CNOOC Limited records 4.8% production growth in the first quarter of 2025

CNOOC Limited announced an increase in production and maintained profitability in the first quarter of 2025, despite an 8.3% drop in Brent crude oil prices compared to last year.
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LG Energy Solution and Derichebourg create a recycling joint venture in France

South Korean battery manufacturer LG Energy Solution and French group Derichebourg announced the creation of a joint venture to build a recycling plant near Paris, with a processing capacity of 20,000 tonnes per year.

European Investment Bank grants PLN2.25 billion to PGE to support Polish energy

The European Investment Bank signs a loan of over €525mn with PGE to develop solar projects and modernise a power plant in Poland.

The wind shifts: Chinese OEMs struggle to gain traction in the European market

Despite turbines priced 30 to 40% lower, Chinese manufacturers struggle to overcome credibility barriers hindering their progress in the European wind sector.
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Greenvolt sells 83.2 MW wind farm to Enea Nowa Energia for €174.4mn

Greenvolt Power has finalised the sale of the Pelplin wind farm in Poland to Enea Nowa Energia for €174.4mn, reinforcing its large-scale renewable asset monetisation strategy.

China’s wind and solar capacity surpasses thermal power for the first time

China has reached a historic energy milestone with wind and solar capacity now exceeding that from thermal sources, amid an acceleration of new installations.

Tariffs, Oversupply: Oil Industry Faces Imminent Global Contraction

The global oil industry anticipates a significant decline in exploration and production investments from 2025, amid persistent oversupply, exacerbated by increased U.S. tariffs and recent decisions by OPEC+.
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France seeks to create a China-EU duo to offset US withdrawal

France proposes a stronger alliance between the European Union and China to counter the absence of the United States in the fight against climate change, with a summit scheduled for July 2025.

Washington criticises anti-fossil policies at IEA summit

The United States strongly criticised anti-fossil fuel policies at the International Energy Agency (IEA) summit, highlighting their dangers to global energy security.
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