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BASF and OQEMA Ink Distribution Deal in Central and Eastern Europe
BASF SE has established a new distribution agreement with OQEMA, a prominent chemical distributor in Europe, for supplying polymer dispersions and additives use…
Oil Shale
Japanese Company Buys U.S. Shale Assets for $1.3 Billion
Japan Petroleum Exploration Co. (JAPEX) has agreed to acquire U.S. shale oil and gas producer Verdad Resources Intermediate Holdings for $1.3 billion. The trans…
Metal
ABB Advances Electrification, Automation at Boliden’s Aitik Copper Facility
ABB has enhanced the electrification and automation systems at Boliden's Aitik copper mine, located south of Gällivare in northern Sweden. This upgrade…
Nuclear Reactor
France’s EDF Raises Cost Estimate for Six Reactors to 72.8 Billion Euros
France's state-owned utility EDF has announced that it will limit the construction costs for six new nuclear reactors to 72.8 billion euros ($85.29 billion)…
China
Venergy Steps Into Boxships With Feeder Newbuild Deal in China
Venergy Maritime, a Piraeus-based shipping company led by Vyron Vasileiadis, has placed an order for up to four 1,900 TEU feeder containerships at CSSC's Hu…
Oil & Gas Trade
Carlyle Hires Goldman Sachs for Lukoil Asset Bid
U.S. private equity firm Carlyle has engaged Goldman Sachs to assist with its potential acquisition of international assets from Russian oil company Lukoil. Thi…
Wind Farm
Italy's Enel Buys Wind Farms in Germany in 80-Mln-Euro Deal
Enel, Italy's leading utility company, announced on Monday the successful completion of its acquisition of two onshore wind farm projects in Germany. This t…
Gas Pipeline
Uniper to Launch Sale of 20% Stake in Opal Gas Pipeline
Uniper has initiated the process to divest its 20% stake in the regulated OPAL gas pipeline, in line with the European Commission's state aid approval decis…
Solar Power Plant
Iberdrola’s Subsidiary Commences Construction of Two Solar Plants in Spain
Iberdrola España has begun construction of its first two utility-scale solar projects in the Valencian Community, with a combined capacity of 366 MW and …
Netherlands
Gelregroen Consortium Secures Funding for Dutch ViA15 Project
The GelreGroen consortium and Dutch infrastructure agency Rijkswaterstaat have achieved financial close on the €1.3 billion ($1.4 billion) ViA15 motorway p…
Electric Vehicles
Tesla US Sales Drop to Nearly 4-Year Low in November Despite Launch of Cheaper Versions
Tesla's U.S. sales fell to a near four-year low in November, despite the introduction of more affordable variants of its leading electric vehicles, accordin…
Germany
€3 Billion Extra Funding for German Roads
The German Federal Ministry of Transport has released an additional €3 billion for road infrastructure, enabling immediate advancement of numerous highway …
Power Construction
EU to Fast-Track Power Grid Projects in Race to Lower Energy Prices
The European Union has proposed measures to speed up the approval of electricity grid projects and introduce coordinated EU-wide planning for cross-border infra…
Wave Energy
€30 Million EU Project Launches to Push UK Wave Energy
Wedoany.com Report-Dec.10, A consortium of six organizations has initiated the €30 million POWER-Farm EU Project to advance the commercial readiness of wav…
Japan
Shimizu Port Reports 472,094 TEUs Through January–November
The Port of Shimizu in Shizuoka Prefecture, central Japan, recorded a preliminary total of 34,683 TEUs of international container throughput in November, reflec…
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