Bill

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 …

United States

Verizon Helps Out With $5B Small Business Supplier Accelerator Program

Verizon has pledged $5 billion over the next five years to support U.S. small business suppliers through its newly launched Small Business Supplier Accelerator …

Gas power plant

NRG Energy to Acquire LS Power’s Natural Gas Assets in $12BN Deal

NRG Energy has finalized an agreement to acquire LS Power Equity Advisors’ natural gas generation facilities and a commercial and industrial virtual power…

Nuclear Power Plant (NPP)

Czech Nuclear Plant Contract Faces EC Scrutiny Over Foreign Subsidy Concerns

The European Commission has requested that the Czech Republic delay finalizing a significant nuclear power plant contract with South Korea’s KHNP, valued …

Electric Vehicle Battery

A Vast New UK Battery Plant Just Secured £1B to Power 100K EVs

A new electric vehicle (EV) battery factory is being constructed in Sunderland, creating 1,000 new jobs. The £1 billion ($1.33 billion) facility, develope…

Czech Republic

Amdocs Powers Billing Overhaul for T-Mobile Czech Republic

Amdocs has successfully completed a significant upgrade to the billing and charging system for T-Mobile Czech Republic, a leading telecommunications provider in…

China

Sany to Invest $1.5bn in Overseas Sales Drive After IPO

Sany Heavy Industry, a leading Chinese equipment manufacturer, plans to raise $1.5 billion through an initial public offering (IPO) on the Hong Kong stock excha…

Electric Vehicles

Nissan Pulls the Plug on Its +$1 Billion EV Battery Plant as the Alarm Bells Go Off

Nissan announced on Friday that it has canceled plans to construct a new lithium iron phosphate (LFP) battery plant in Japan, a decision aimed at addressing the…

Crude Oil

US House Budget Bill Seeks More Than $1.5 Billion for Strategic Petroleum Reserve

A U.S. House committee unveiled a budget proposal on Sunday, allocating over $1.5 billion to restore and maintain the Strategic Petroleum Reserve (SPR), the wor…

Energy Storage Project

American Energy Sector Set to Invest $100B in Battery Storage by 2030

The U.S. energy industry has pledged $100 billion over the next five years to develop and procure American-made batteries for large-scale battery energy storage…

Crude Oil

Oman Considering $8 Billion Sale of Natural Gas Assets, Sources Say

Oman is exploring the sale of a minority stake in natural gas assets within Block 6, valued at approximately $8 billion, to raise funds for state finances and s…

LNG

Canada’s Multi-Billion LNG Project Seeks Permit for New Floatel to Create 900 More Jobs

Woodfibre Management, a Vancouver-based Canadian company, is preparing to seek regulatory approval for a second floating workforce accommodation unit, or floate…

Power Construction

Scottishpower to Upgrade British Grid

The National Wealth Fund (NWF) has committed £600 million to Iberdrola for upgrading the UK’s power grid through its subsidiary, ScottishPower. This…

Hydropower Plant

Statkraft Eyes a $380M Upgrade for Nore Hydro Plants

Statkraft, Europe’s leading renewable energy producer, has applied for a license to upgrade the Nore hydropower plants in Nore and Uvdal, Buskerud, Norway…

Crude Oil

Exxon Plans $1.5 Billion Investment in Nigerian Oilfield

ExxonMobil, a global energy company, plans to invest $1.5 billion in its deepwater operations in Nigeria, according to the Nigerian Upstream Petroleum Regulator…