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South Korea

South Korea’s NOFI Buys Estimated 65,000 T Corn

On Wednesday, Nonghyup Feed Inc. (NOFI), a leading South Korean animal feed manufacturer, purchased approximately 65,000 metric tonnes of animal feed corn in an…

Electric Vehicle Charging

Porsche Just Added 97,000 More Charging Stations to Its App

Porsche Cars North America has added over 97,000 charging stations to its app, expanding the Porsche Charging Service. This brings the total number of electric …

Dam

China’s Shuangjiangkou Dam Begins Water Storage, Set to Become Tallest – For Now

The Shuangjiangkou Dam in Sichuan Province, China, entered its final phase on May 1, as it began storing water, marking a significant milestone in one of the co…

United States

GCI Upgrades Alaskan Network With Netcracker BSS Suite

On May 13, 2025, Netcracker Technology announced the extension of its partnership with GCI, Alaska’s leading telecommunications provider, to enhance GCI&r…

Electricity Trade

Net Electricity Prices for End Customers Fall Below Zero for First Time in Germany

On May 11, 2025, electricity prices for German customers with dynamic tariffs dropped below zero for the first time this year, after accounting for approximatel…

Egypt

Suez Canal Offers Discount in Bid to Lure Boxships Back

Egypt’s Suez Canal Authority has announced a 15% discount on transit fees for containerships with a capacity of approximately 13,500 teu or more, effectiv…

Solar Battery (Storage)

EBRD Backs 1 GW Solar-Plus-Storage Project in Egypt With $30 Million Loan

The EBRD has provided a $30 million equity bridge loan for Egypt’s first major hybrid renewable energy project in Nagaa Hammadi, combining 1.1 GW of solar…

Oil Field

Gulf of Thailand Oil Field Revamp Gets Green Light

Valeura Energy has approved redevelopment of its 100%-owned Wassana field in license G10/48, Gulf of Thailand, with a new central processing platform (CPP). The…

Photovoltaic （PV）

U.S. Off-Grid Specialist Launches PV-Powered EV Charging Station

Beam Global has launched its EV ARC off-grid charging system in Europe from its Serbian operations. The prefabricated unit, requiring no construction or permits…

Metal

Exxaro Resources to Acquire Manganese Assets for $640M in South Africa

Exxaro Resources has acquired manganese assets in South Africa’s Kalahari Manganese Field for ZAR11.67 billion ($640 million), with potential adjustments …

Battery

Engie Turns Sod on Belgium BESS

Engie has started construction on a 400 MWh battery park in Kallo, Belgium, featuring 110 battery modules, in partnership with NHOA Energy under a supply and se…

Electric Vehicles

XPENG Announces Foray Into Italian Market

On May 13, 2025, XPENG announced its entry into Italy, debuting at Milan Design Week 2025 as one of the first Chinese EV startups to participate. The company sh…

CCS

Drilling Ops Yield Fertile Ground for Carbon Storage in North Sea

Equinor Low Carbon Solutions has drilled two appraisal wells, 32/7-1 and 32/4-4, in the Norwegian North Sea, 20 kilometers east of Troll A and 70 kilometers wes…

Offshore Wind Power

Synera Renewable Gains Controlling Stake in Formosa 2 Offshore Wind Farm

Synera Renewable Energy Group (SRE) has increased its stake in the Formosa 2 offshore wind farm by 26%, achieving a 51% majority interest. Formosa 2, located of…

Oil Price

US Oil Prices Drop More Than $1 as Inventory Build Raises Oversupply Fear

U.S. crude futures dropped more than $1 in early trading on Thursday after unexpected data showed an increase in U.S. crude oil inventories, sparking concerns a…