Goldman Sachs Slashes Its Oil Price Forecast Yet Again

Goldman Sachs has slashed its oil price forecast for a third time in one month after OPEC+ decided this weekend to hike production in June with a similar 410,000-bpd increase…

Saudi Arabia Raises Oil Price to Asia as OPEC+ Boosts Supply Further

Saudi Arabia has raised the price of its flagship crude grade loading for Asia in June, just as the Saudi-led OPEC+ group decided to continue easing the production cuts by…

Voltalia Reports 10% Revenue Growth in 2024, Sets Ambitious Targets for 2025 Expansion

Voltalia reported a 10% increase inrevenue for 2024, reaching €546.6 million from €495.2 million in 2023. The growth came mainly from a 20% rise in energy sales, driven by higher…

Ameren Reports Strong Q1 2025 Earnings Growth Driven by Infrastructure Investment and Higher Retail Sales

Ameren Corporation reported first quarter 2025 net income attributable to common shareholders of $289 million, or $1.07 per diluted share, up from $261 million, or $0.98 per diluted share, in…

Arevon Energy Breaks Ground on 430 MW Kelso Solar Projects in Missouri

Representational image. Credit: Canva Arevon Energy, Inc., a prominent U.S.-based energy developer, owner, and operator, held a groundbreaking ceremony for its 430 MWdc Kelso 1 & 2 Solar Projects in…

Industry Leaders to Discuss Renewable Energy Tax Credits at Novogradac 2025 Spring Conference in Chicago

Representational image. Credit: Canva Key developments in renewable energy tax credits (RETC) and potential updates to federal tax legislation impacting clean energy projects will take center stage at the Novogradac…

Cypress Creek Renewables Breaks Ground on 104MW Ostrea Solar Project in Washington State

Representational image. Credit: Canva Cypress Creek Renewables, a leading developer, owner, and operator of solar and energy storage projects, has announced the financial close and start of construction on its…

GE Vernova Secures Major Order from POWERGRID for Advanced High-Voltage Equipment

Representational image. Credit: Canva GEVernova Inc. announced that it has been awarded a significant contract by Power Grid Corporation of India Limited (POWERGRID) to supply over 70 extra high-voltage (EHV)…

Indian Energy Exchange Reports Robust Growth in April 2025 Trading Volumes

Indian Energy Exchange (IEX), the country’s leading electricity trading platform, recorded a total traded electricity volume of 10,584 million units (MU) in April 2025, marking a 26% year-on-year increase. Additionally,…

Oil Prices Drop as OPEC+ Accelerates Output Hikes, Surplus Looms

Summary • OPEC+ says to hike output by 411,000 bpd in June• OPEC+ eyes full unwinding of voluntary output cuts by Oct, sources say• Barclays, ING cut 2025 Brent forecasts…