China’s wind and solar equipment giant Mingyang Smart Energy Group is developing a 50-megawatt (MW) offshore wind turbine that would be the world’s most powerful and exceed current single-turbine capacity by a mile.  Mingyang is working on the two-headed 50-MW turbine, which is planned to enter mass production next year, the company’s chairman Zhang Chuanwei told a group of reporters at an industry conference in Beijing, as carried by Bloomberg. In a first phase of the project, Mingyang plans to start manufacturing in 2026…

For years, Canada’s oil and gas sector was plagued by pipeline shortages that severely limited the country’s capacity for export and forced producers to sell at a major discount as storage capacity became maxed out across the nation. But all of that changed when the Trans Mountain Expansion project finally came online after years of delays on May 1, 2024. Now, suddenly, Canada is a major competitor in global markets, with the ability to ship crude directly from Vancouver to Asian ports. The resulting trade boom reflects a monumental…

Last year, China's battery industry average utilization rate cratered to just a third of maximum capacity amid severe overcapacity following years of massive investment and expansion. This put smaller manufacturers under severe pressure and fueled further industry consolidation, while also forcing producers to increasingly seek overseas markets. Luckily, these efforts appear to be paying off: China Energy Storage Alliance has reported that Chinese battery storage forms secured ~200 overseas orders totalling 186 gigawatt-hours (GWh) in the first…

The escalating geopolitical competition over critical mineral supply chains has driven a major corporate maneuver, as REalloys Inc., a company focused on establishing a North American mine-to-magnet rare earth pipeline, announced it has appointed Stephen S. duMont, president of GM Defense, as its non-executive chairman of the board of directors. The move links one of North America’s leading defense industry figures directly to the effort to secure the materials essential for advanced military and green energy technologies. REalloys, which…

For decades, Canadian oil exporters have only had one destination: south of the border. Yet things are changing. There’s a new big buyer in town, and it’s buying a lot: China. Canadian crude oil flows abroad began to change direction earlier this year, after the trade dispute ignited by U.S. President Trump prompted exporters to seek new markets, conveniently made more easily accessible by the expanded Trans Mountain pipeline. The pipeline went into operation with its new capacity of 890,000 barrels daily in 2024. Between the launch…

Don’t get us wrong. We favor a coherent, forward looking national energy policy. One that limits our dependence on foreign resources for reasons of national security, encourages economical use of affordable energy, and helps build a financially strong energy industry that can compete in world markets. Let’s concentrate on these adjectives: “coherent,” “forward looking”and “financially strong” because they go together. Investors want a consistent and forward looking policy. They do not want to tie…

Donald Trump’s U.S. Presidency 2.0 differs in one great respect from the 1.0 beta version. The aim is the same – to cement his country as the leading superpower on the planet – but the approach in dealing with America’s rivals has a sharper edge. Nowhere has this been more clearly seen than in his administration’s dealings with the self-appointed leader of the alternative new world order, China. The imposition of further sanctions on more of Beijing’s key mechanisms for effectively continuing to bankroll Iran…

The last decade has been especially grueling for Ecuador’s economically vital oil industry. Plummeting investment, heavily corroded infrastructure, endemic corruption, violent protests, severe oil spills and rising insecurity are all weighing on operations. The sharp decline in oil production is weighing heavily on government finances at a time of increased spending due to a national security crisis. To rescue the economically crucial industry and boost fiscal revenue, President Daniel Noboa launched a $47 billion plan to revive Ecuador’s…

There is a high-stakes global race underway to unlock a long-term energy storage technology with the potential to corner what is sure to be one of the energy sector’s hottest new markets. Venture capital is catching on quickly to “clean energy’s next trillion-dollar business” and pouring billions into finding new and innovative energy storage solutions.  Currently, the energy storage sector is dominated by lithium-ion batteries. Lithium is extremely energy-dense and performs exceptionally well in cold weather, making…

Shadow energy secretary, Claire Coutinho, has claimed that Labour’s net zero targets” are not helping” the UK’s economy. In an interview with Sky News’ Trevor Phillips, Countinho linked the government’s climate targets to the ongoing cost of living crisis. She said: “We’ve said we would repeal the climate change target, and we actually think the net zero targets are a problem” Her comments follow Conservative leader Kemi Badenoch pledging to scrap the Climate Change Act, which created the framework…

Republican lawmakers on Monday moved to declare Coal Week, amplifying the Trump administration’s push to expand U.S. coal output and keep aging plants online, the Washington Times reported. The resolution coincides with new executive actions to “reinvigorate” coal, including directives signed in April to boost production and preserve baseload capacity, as outlined in a White House executive order. The message to miners and utilities is that federal support is rising for coal as part of an energy-security agenda centered on domestic…

Republican lawmakers on Monday moved to declare Coal Week, amplifying the Trump administration’s push to expand U.S. coal output and keep aging plants online, the Washington Times reported. The resolution coincides with new executive actions to “reinvigorate” coal, including directives signed in April to boost production and preserve baseload capacity, as outlined in a White House executive order. The message to miners and utilities is that federal support is rising for coal as part of an energy-security agenda centered on domestic…

Every person in the world generates on average around 8 kilograms of electronic waste per year worldwide. However, there are significant regional differences. As Statista's Valentina Fourreau shows in the chart below, using data from the latest E-Waste Monitor, Europe leads the way with around 17 kilograms of electronic waste per inhabitant, while each person in Africa generates only 2.5 kilograms. You will find more infographics at Statista At the same time, Europe has the highest recycling rate at 43 per cent. Asia and Africa have the most catching…

A salvage operation is underway after the liquefied petroleum gas (LPG) tanker MV Falcon exploded and caught fire off Yemen’s coast, renewing concern over energy-shipping security in the Red Sea corridor, Reuters reported on Monday.  The Cameroon-flagged vessel, carrying a full LPG load from Oman’s Sohar port to Djibouti, suffered an onboard explosion over the weekend, approximately 113 nautical miles southeast of Aden. The EU naval mission EUNAVFOR Aspides confirmed the ship’s distress call as crews fought to stabilize the…

A salvage operation is underway after the liquefied petroleum gas (LPG) tanker MV Falcon exploded and caught fire off Yemen’s coast, renewing concern over energy-shipping security in the Red Sea corridor, Reuters reported on Monday.  The Cameroon-flagged vessel, carrying a full LPG load from Oman’s Sohar port to Djibouti, suffered an onboard explosion over the weekend, approximately 113 nautical miles southeast of Aden. The EU naval mission EUNAVFOR Aspides confirmed the ship’s distress call as crews fought to stabilize the…

A salvage operation is underway after the liquefied petroleum gas (LPG) tanker MV Falcon exploded and caught fire off Yemen’s coast, renewing concern over energy-shipping security in the Red Sea corridor, Reuters reported on Monday.  The Cameroon-flagged vessel, carrying a full LPG load from Oman’s Sohar port to Djibouti, suffered an onboard explosion over the weekend, approximately 113 nautical miles southeast of Aden. The EU naval mission EUNAVFOR Aspides confirmed the ship’s distress call as crews fought to stabilize the…

In 2017, the CEO of General Motors, Mary Barra, committed the automaker to zero emissions by 2030. “No more gas. No more diesel. No more carbon emissions,” she wrote at the time. Following the lead of Barra of GM, Ford announced in 2018 that it planned to nearly triple its investments in electric and hybrid vehicles by 2022, with plans for 40 new such models… But a series of challenges — cost concerns, sluggish adoption and the reversal in support in Washington — has left the U.S. auto industry with greater uncertainty…

A salvage operation is underway after the liquefied petroleum gas (LPG) tanker MV Falcon exploded and caught fire off Yemen’s coast, renewing concern over energy-shipping security in the Red Sea corridor, Reuters reported on Monday.  The Cameroon-flagged vessel, carrying a full LPG load from Oman’s Sohar port to Djibouti, suffered an onboard explosion over the weekend, approximately 113 nautical miles southeast of Aden. The EU naval mission EUNAVFOR Aspides confirmed the ship’s distress call as crews fought to stabilize the…

The European Union kicked off a high-level summit with top officials from Central Asia, the Caucasus, and other neighboring countries on October 20 as the bloc aims to make new inroads in a region where China and Russia wield longstanding influence. At the top of the agenda is the Trans Caspian Transport Corridor – also known as the Middle Corridor – an emerging 6,500-kilometer-long trade route that connects China to Europe through Central Asia and the Caucasus by bypassing Russia. The gathering in Luxembourg is “specifically…

A Ukrainian drone attack that halted gas processing at Russia’s Orenburg complex has underlined how deeply Kazakhstan’s energy system remains tied to Russian infrastructure. The strike, confirmed by Reuters, forced Gazprom to suspend intake from Kazakhstan’s Karachaganak field, cutting its gas output by roughly a quarter. The Orenburg plant, one of the largest of its kind, sits at the heart of a cross-border supply chain. Gas extracted in northwest Kazakhstan flows north for processing before returning for domestic use or export.…