Germany’s lower house of parliament has passed a change to its energy law that will waive the domestic market gas storage fee for foreign consumers from January 1, 2025. This change, aimed at enhancing European energy solidarity, will relieve consumers from paying a costly price element at border points and virtual trading hubs. The law, which received…

Indonesia is considering significant cuts to its nickel mining quotas as part of a strategy to boost the slumping prices of the key battery metal. The Energy and Mineral Resources Ministry is contemplating reducing the amount of nickel ore that can be mined next year to 150 million tons, a steep decline from the 272 million tons allowed in 2023. The discussions are still ongoing…

China’s recent export bans on niche metals such as gallium, germanium, antimony, and graphite have created openings for Canadian producers to step into critical gaps in the U.S. supply chain. However, the incoming Trump administration’s threats of tariffs on Canadian goods, coupled with the inherent challenges of producing these specialized materials…

India is preparing to offer tariff cuts on a range of goods, including agricultural products and high-end items like medical devices and luxury motorcycles, as part of an effort to strengthen trade ties with the United States under the incoming Trump administration. Sources in the Indian government and industry have indicated that these moves…

Norwegian energy company Equinor has confirmed receiving a fixed-price power purchase agreement (PPA) offer from the South Korean government for its 750-megawatt (MW) Bandibuli floating offshore wind project. This development marks a significant step forward for one of the largest floating offshore wind projects globally…

Argentina’s state-owned oil company YPF and energy giant Shell have formalized an agreement to advance Argentina’s flagship liquefied natural gas (LNG) initiative, marking a pivotal step in the country’s ambitions to become a global LNG exporter. Signed in the Netherlands, the deal commits Shell to the first phase of the multi-stage $50 billion Argentina…

Vietnam’s growing emphasis on international defense cooperation reflects its strategic aim to build trust and maintain stability in a geopolitically sensitive region. Prime Minister Pham Minh Chinh, addressing the opening of Vietnam’s second international arms fair, emphasized the country’s commitment to peace and development, reiterating its “four no”…

Global mergers and acquisitions (M&A) activity is expected to surpass $4 trillion in 2025, marking the highest level in four years, as optimism grows over a pro-business agenda under U.S. President-elect Donald Trump. His promises of deregulation, lower corporate taxes, and a shift in antitrust enforcement have created a sense of anticipation…