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Taean Coal Plant Closure Triggers Local Economic Backlash

The Taean Coal-Fired Power Plant Unit 1 in South Chungcheong Province, which has produced enough electricity to power 900,000 households for a year, ceased oper…

Average annual prices for coking coal in 2025 fell by 21-27%

In Australia, coking coal (Australia, FOB) was valued at $215.73/t in mid-December this year, up 5.6% compared to December 2024 and 7.3% compared to the previou…

Crude Oil

CNOOC's Offshore Gas Field Cluster Around Hainan Island Achieves Annual Oil and Gas Equivalent Output Exceeding 10 Million Tons

On December 30, CNOOC announced that the cumulative oil and gas equivalent production of its offshore gas field cluster around Hainan Island in 2025 has exceede…

Photovoltaic （PV）

Tata Power Renewable Energy Commissions 1 GW Solar Project in Rajasthan

Tata Power Renewable Energy Limited (TPREL) has announced that a 1 GW solar project it built in the Indian state of Rajasthan has commenced commercial operation…

United States

Nvidia Plans to Acquire Israeli AI Startup AI21 Labs for Up to $3 Billion

According to reports, Nvidia is in advanced negotiations to acquire Israeli artificial intelligence startup AI21 Labs, with the deal potentially valued at up to…

Turkey

Turkey's Grain Production Plummets in 2025

According to data from the Turkish Statistical Institute (TUIK), the country's total wheat production in 2025 has dropped to 17.9 million tons, a decrease o…

Crude Oil

Egyptian Petroleum Minister Inspects First Exploration Well Operations at New Oil Field in Gulf of Suez

Egypt's Minister of Petroleum and Mineral Resources, Karim Badawi, recently visited the Gulf of Suez region to inspect the drilling progress of Well No. 133…

United States

Intel Completes Sale of $5 Billion Worth of Common Stock to Nvidia

Intel completed the sale of 214.8 million shares of common stock to Nvidia on December 26, 2025, for $5 billion. The shares were priced at $23.28 per share. Thi…

Metal

Silver Prices Plunge Sharply, Marking Largest Single-Day Drop in Years; Gold Prices Also Retreat from Highs

Silver prices experienced a significant correction on Monday, recording their largest single-day drop since 2021. Spot silver prices retreated from their histor…

China

China's Hazardous Chemicals Safety Law Officially Passed! Effective from May 1, 2026, Here Are the Changes

Major news has just come from the 19th Meeting of the Standing Committee of the 14th National People's Congress – on December 27, the meeting voted to…

China

Horgos Port Sees Sustained Growth in Import and Export Cargo Volume in First 11 Months of This Year

This year, as a core hub for China's westward opening-up, Horgos Port has maintained a sustained growth trend in its import and export cargo volume. Accordi…

Metal

Sudan Mining Company Produces 70 Tons of Gold in 2025, a Five-Year High

On December 28, Sudan Mining Company announced that Sudan's gold production reached 70 tons in 2025, marking a five-year high, with revenue exceeding 1 tril…

United Arab Emirates

Raimondi Installs Six Flat-Top Cranes for Arada’s Megacity in Sharjah

Raimondi Middle East has successfully erected six flat-top tower cranes at the Aljada master community project in Sharjah, United Arab Emirates. The installatio…

China

Hainan Airlines Holding to Invest s106.5mn in Cargounit

Hainan Airlines Holding Co., Ltd. has received shareholder approval for a capital injection of CNY750 million (approximately USD106.5 million) into its affiliat…

China

China Plans to Increase Grain Production Capacity by 50 Mln Tons

China’s National Development and Reform Commission (NDRC) has announced intensified efforts to raise the country’s grain production capacity by 50 m…