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India
Maersk’s APM Terminals Eyes $2 Billion Investment in Indian Port
Danish shipping company Maersk (MAERSKb.CO) announced on Thursday that its port operations subsidiary, APM Terminals, may invest approximately $2 billion to exp…
Nuclear Power Plant (NPP)
Owners of Spain’s Almaraz Nuclear Plant Seek Extension Through Mid-2030
Spanish energy companies Iberdrola (IBE.MC), Endesa (ELE.MC), and Naturgy (NTGY.MC) have requested to extend the operational life of their Almaraz nuclear power…
Canada
Railroad Operator Canadian National Lays off 400 Managers
Canadian National Railway (CNR.TO) has laid off around 400 management employees across its offices in Canada and the United States, according to a report by the…
Natural Gas
Ecopetrol, Petrobras Announce Joint Venture to Market Natural Gas From Colombia’s Sirius Project
Colombia’s state-owned energy company Ecopetrol and Brazil’s national oil company Petrobras announced on Thursday a partnership to jointly market na…
United Arab Emirates
Chinese State Company to Build Dubai Towers
China Railway 18th Bureau Group, part of state-owned China Railway Construction Corporation, has secured a contract valued at about $272 million (AED 1 billion)…
Ukraine
EU and Ukraine Agree on New Poultry Import Quotas
Under a recent review of the EU-Ukraine Deep and Comprehensive Free Trade Area (DCFTA), Ukraine’s annual poultry export quota to the EU will increase by one-th…
Spain
Topsoe SOEC Technology Selected for Forestal’s E-Methanol Plant
Topsoe, a provider of advanced technology for the energy transition, has signed an offtake agreement to supply its solid oxide electrolyser cell (SOEC) technolo…
South Korea
Yokogawa Deploys Multiple Autonomous Control AI Agents at Aramco Facility
Yokogawa Electric Corporation, headquartered in Tokyo, Japan, has reached a major milestone in industrial artificial intelligence deployment through its collabo…
Metal
Copper Fox Metals Initiates Drilling Programme at Mineral Mountain Project in Arizona
Copper Fox Metals and its subsidiary Desert Fox Mineral Mountain have commenced a diamond drilling programme at the Mineral Mountain porphyry copper project in …
Metal
Glencore Reports Lower Copper Production in First Nine Months
Glencore (GLEN.L) announced on Wednesday that its copper production for the first nine months of the year dropped 17% due to lower ore grades at certain mines, …
Photovoltaic (PV)
Masdar Secures 2GW of Solar Projects in Saudi Arabia
Masdar has secured contracts from the Saudi Power Procurement Company (SPPC) to develop two major solar photovoltaic (PV) projects in Saudi Arabia with a total …
Combined cycle power plant
Fujairah F3 CCGT Project in UAE Begins Operations
Fujairah Power Company F3, jointly owned by Marubeni Corporation, Hokuriku Electric Power Company, Abu Dhabi National Energy Company (TAQA), and Mubadala Invest…
China
Airbus Cuts Production Rate Target for Its A220 Jet
Europe’s Airbus (AIR.PA) announced on Wednesday that it has lowered its production target for the A220 jetliner, offsetting the positive impact of stronge…
United States
OpenAI Lays Groundwork for Juggernaut IPO at up to $1 Trillion Valuation
OpenAI is preparing for a potential initial public offering (IPO) that could value the company at up to $1 trillion, according to three people familiar with the…
Portugal
Portugal’s Mota-Engil Lands €1BN Mexican Rail Deal
Mota-Engil has secured over €1 billion in new rail contracts in Mexico, strengthening its position as a leading infrastructure player in Latin America and …
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