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INSIGHT-Oklahoma! How America hopes it can compete with China on critical minerals
A two-story warehouse nestled under Oklahoma's Wichita Mountains contains the only machine capable of refining Nickel, an important energy transition metal that is now dominated by China. The facility, which is owned by Westwin Elements a startup, hopes to make Oklahoma the epicenter of critical minerals processing in the United States…
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Draft document shows that heavy industries will get a price reduction on electricity under the new EU regulations
A draft of the new EU rules on state aid, which are due to be published by the European Commission on Wednesday, revealed that heavy industries would receive a temporary reduction in electricity prices. This is despite criticisms from companies about high energy costs and restrictive green regulations.
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Senators say that the US Senate is adjusting the language regarding rooftop solar in its budget bill.
Kevin Cramer, a senator from the United States Senate, said that they are working to adjust a tax credit for residential rooftop solar energy which had been removed in both versions of the House of Representatives' and Senate Finance Committee's versions. Cramer is a Republican and he serves on the Senate Energy Committee.
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EU relaxes rules on state aid to promote green projects and reduce carbon footprint
The European Commission announced Wednesday that it would make it easier for businesses to receive state aids to support projects to reduce carbon emissions or to switch to "green" projects. Heavy industries will also benefit from a temporary reduction in power prices under the new rules.
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Document: Pakistan wants to sell its excess LNG due to a glut of supply that is reducing local gas production.
According to a government official and a presentation, Pakistan is looking for ways to sell surplus liquefied gas (LNG).
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Document: Pakistan wants to sell its excess LNG due to a glut of supply that is reducing local gas production.
According to a government official and a presentation, Pakistan is looking for ways to sell surplus liquefied gas (LNG).
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Users of rare earth magnets are compelled to pay premium prices for ex China supply
Rahim Suleman has been reaching out to automakers, and other potential customers, for years to sell the rare earth magnets…
Latest news
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Palm slips due to weak crude and soyoil, lack of fundamentals
The price of Malaysian palm oil futures fell for the second consecutive session on Tuesday. This was due to the weakness…
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Prices of gas in Europe are rising as Norwegian supplies increase.
The Dutch and British gas wholesale prices were trading in a narrow band early on Tuesday, as the higher temperatures in…
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German wind power boosts spot prices
German and French baseload electricity prices dropped by about 10% on Tuesday, as the wind power was expected to increase in Germany.
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Malaysian data centres face higher electricity costs and unclear pricing
The operators of energy-hungry data centres in Malaysia are scrambling to reassess costs after steeper-than-expected power…
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Palm oil falls due to weak competition and lack of fundamentals
The Malaysian palm futures continued to fall for the second consecutive session on Tuesday. This was due to the weakness…
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The U.S. Senate has preserved some tax credits for renewable energy in the Trump bill
The shares of U.S. renewable-energy firms showed mixed results in the early trading on Monday after the U.S. Senate passed…
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NATO funds biotech startup to counter biological threats
The fund co-leads a $35 million fundraising campaign for Portal Biotech. This company uses protein sequences to detect engineered threats…
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Heatwave increases demand for spot prices
The German and French power prices rose on Tuesday as the heatwave in many parts of Europe increased cooling demand. LSEG…
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The price of gas in the Netherlands and UK is falling as Norwegian supplies rise.
Dutch and British wholesale prices of gas fell on Monday morning, as the supply was strong and demand was rising due to warmer…
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Palm oil and crude Dalian slips due to weak Dalian palm oil
Malaysian palm futures fell on Monday, erasing gains from the previous session, as Dalian palm oil and crude prices declined.
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Singapore's renewables use hits record highs as solar output and imports rise
An analysis of the most recent market data revealed that Singapore increased the share of renewables to a new record in May.
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South Korea's Lee appoints Koo Yun Cheol as finance minister and makes other choices
His office announced on Sunday that South Korea's President Lee Jae Myung had appointed a former Vice Finance Minister, Koo Yun Cheol…
Solar
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EU relaxes rules on state aid to promote green projects and reduce carbon footprint
The European Commission announced Wednesday that it would make it easier for businesses to receive state aids to support…
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Senators say that the US Senate is adjusting the language regarding rooftop solar in its budget bill.
Kevin Cramer, a senator from the United States Senate, said that they are working to adjust a tax credit for residential…
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Draft document shows that heavy industries will get a price reduction on electricity under the new EU regulations
A draft of the new EU rules on state aid, which are due to be published by the European Commission on Wednesday, revealed…
