-
Philippines suspends spot electricity sales due to Middle East conflict
The Philippines announced on Thursday that it had suspended the sale of electricity at spot prices until further notice due to fuel supply risks and price volatility caused by Iran's war. The suspension was ordered by a decree declaring a national energy emergency in order to deal with fallout of the war, including disruptions in fuel procurement.
-
Iran is open to Spain's request for transit through Hormuz
The Iranian Embassy in Spain announced 'on Thursday' that Iran would accept any request made by Madrid in relation to the Strait of Hormuz, because Spain "respects" international law. This is the first time such a concession has been offered to a member state of the EU. Spain, with a relatively small fleet of merchant ships…
-
Iran has been seen as focusing on renewable energy investments with a focus on security and not climate.
Executives at the CERAWeek Conference in Houston said that energy security concerns, which once limited investment into renewable energy, could now accelerate its growth more than climate change worries. This is because oil and gas supplies are facing a new wave of uncertainty due to the war against Iran. The U.S.
-
Sources say that India is looking for raw materials to make steel from Argentina, Indonesia and Oman
Two sources with direct knowledge said that India would hold talks next month with Argentina, Indonesia, and 'Oman to increase supplies of steelmaking raw materials like coking coal and ore and access technology. The talks ?are ?expected to begin next month at a global steel summit…
-
Palm vegoils gains on weakening ringgit but is set to end its three-week rally
Malaysian palm oil futures rose on Friday due to a weaker ringgit. However, they are on course for their first weekly decline in four weeks, as a result of uncertainty over the Middle East war and crude oil outlook. By midday, the benchmark palm oil contract on Bursa Derivatives Exchange for June delivery had risen 19 ringgit (0.41%) to 4…
-
Inpasa, a corn ethanol producer, opens a new plant in Brazil
Inpasa, a corn ethanol producer in Brazil's Bahia State, announced?that it had started operating at its new facility. It…
-
US finalizes biofuel blending quotas for 2026-27
On Friday, the 'Trump Administration' finalized a new mandate for biofuel blending volumes for 'the U.S. oil refiners. This…
-
Expana raises EU sunflower production forecast amid rising energy costs
Expana maintained its forecast of European Union 'rapeseed production in 2026 as?20.8 millions metric tons but increased?its forecast on?sunflower…
Latest news
-
After oil shock, Argentina allows upto 15% ethanol to be blended into gasoline
The government of Argentina announced on Friday that it would 'allow local firms to voluntarily blend up to 15% ethanol in gasoline.
-
Palm futures post fourth consecutive weekly gain
After losses earlier in week, Malaysian palm futures posted a fourth weekly gain. A softer ringgit helped support the market.
-
EU Ministers call for a united front on the energy crisis
The European Union Finance Ministers will coordinate their response on Friday to the energy price surge caused by the Iran 'war.
-
Algeria and Spain strengthen their energy partnership
Spain and Algeria have agreed to strengthen their partnership in energy, said Spanish Foreign Minister Jose Manuel Albares…
-
Trump will announce measures to assist US farmers on Friday
Donald Trump said on Thursday that his administration will announce "actions to assist U.S. farmers" on Friday as the White…
-
Sources say that the EU is urging countries to fill up gas storage tanks early in anticipation of the Iran War.
As the Iran War disrupts fuel markets around the world, EU diplomats have urged EU countries to begin filling up gas storage…
-
Palm gains nearly 2% due to stronger Chicago crude oil, soyoil and export data
Malaysian palm oil futures rose nearly 2% Thursday after two sessions of losses. Stronger Chicago soyoil and crude 'oil prices…
-
The Iranian market is a catalyst and a slowdown for the European green energy race
Investors are wary of the market volatility and interest rate hikes expected in the future, as well as the slow permitting process.
-
The Iranian market is a catalyst and a slowdown for the European green energy race
Investors are wary of the market volatility and interest rate hikes expected in the future, as well as the slow permitting process.
-
The UK has reopened its domestic CO2 plant in response to the threat of war with Iran.
The UK announced on Thursday that it would spend 100 million pounds ($133.5?million?) to restart the production of biogenic…
-
EU Chemical Agency backs PFAS ban
The European 'Chemicals Agency' on Thursday recommended a wide EU-wide prohibition on PFAS or "forever chemicals" with some?"exemptions…
-
Palm prices surge on higher Chicago soyoil and crude oil prices, according to export data
The 'Malaysian Palm Oil Futures' gained over 1% on Thursday after two sessions in which they had lost ground. This was aided…
Solar
-
Andy Home: Every missile fired against Iran burns through US tungsten stock
Israel and the U.S. have used thousands of munition in their air campaign to combat Iran. The majority, if not all, of these…
-
Document threatening legal action by foreign investors against Vietnam for renewables
According to a document seen by the. Last year, the 'dispute' began when Vietnam cut subsidised electricity prices from solar and wind farms.
-
Japan's weakness on energy is brought to the forefront as Middle East crisis worsens, says REI chair
The chair of the Renewable Energy Institute stated that Japan must do more to reduce their reliance on fossil fuels after…