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Gas turbine engine

Fermi America Leases GE Turbines for Texas HyperGrid Project

Fermi America has signed a long-term capital lease agreement with Mobile Power Solutions (MPS) for seven GE TM2500 gas turbines, providing a total of 157.5MW of…

Electric Vehicle Battery

Samsung SDI in Talks With Tesla to Supply Energy Storage Batteries, Shares Soar

South Korea’s Samsung SDI announced on Tuesday that it is in discussions with Tesla to supply energy storage batteries, in a deal estimated by local media…

Renewable Diesel

Australia Department of Defence Fuels Vessel With Renewable Diesel

Australia’s Pacific Support Vessel, ADV Reliant, has reached a milestone in enhancing the nation’s fuel resilience by refueling with renewable diese…

Egypt

Egypt Signs $135M Financing Deal for Damietta Bioethanol Project

Egypt has signed a long-term financing agreement worth US$135 million to establish a bioethanol production plant in Damietta Governorate for the Egyptian Bioeth…

Metal

Angola Diamond Production Totals 10.7mct in January-September

Angola’s rough diamond production reached 10.7 million carats in the first nine months to September 2025, a government official announced on Friday, as th…

United States

Apple Shares Rise as iPhone Holiday Sales Forecast Soothes Supply Woes

Apple’s shares rose about 2% in premarket trading on Friday after the company issued an optimistic forecast for the holiday quarter, indicating that strong dem…

Coal-Fired Power Plants

J-Power to Shut Two Coal-Fired Power Plants, Committed to Offshore Wind Project

Japan’s Electric Power Development Co. (J-Power) announced on Friday that it plans to decommission two coal-fired power plants by March 2029 as part of it…

Nigeria

Dangote Cement Sees 96% Advance in 3Q Net Profit

Dangote Cement plc reported strong financial growth for the third quarter of 2025, driven by higher sales volumes and improved operational performance. The comp…

South Korea

Greek Owner JHI Steamship Books Aframax Tankers in South Korea

Greek shipowner JHI Steamship has placed its first-ever newbuilding order in South Korea, marking a milestone in the company’s fleet expansion strategy. T…

China

Soybean to Purchase 12 Mln Tons of US Soybeans This Year

China has agreed to purchase 12 million tons of U.S. soybeans in 2025, offering long-awaited relief for American farmers after years of weak exports. U.S. Treas…

United Kingdom

Deal Done for £3.9bn South Mimms Data Centre

DC01UK has completed the sale of its 85-acre South Mimms data centre site in Hertfordshire to Equinix, marking one of the largest infrastructure and real estate…

United States

Amazon Shares Soar as Cloud Growth Beats Expectations

Amazon (AMZN.O) reported its fastest cloud revenue growth in nearly three years, lifting the company’s shares by 14% in after-hours trading and prompting …

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…

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, …