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India

Hindustan-Tata JV Lands 8KM Section of New Indore Metro

A joint venture between Hindustan Construction Company (HCC) and Tata Projects has secured a $259 million (21.9 billion rupees) contract to construct a section …

Hydropower Plant

Upgrade Plan Submitted for Nore Hydropower Plants in Norway

Statkraft has applied for a license to modernize its Nore hydropower plants in Buskerud, Norway, located along the Numedalslågen river. The project, estim…

Nuclear Power Plant (NPP)

Russia’s Rosatom Sues Finnish Firms $2.8 Bln Over Nuclear Plant Contract

On Monday, Russia’s state-owned Rosatom filed a lawsuit in Moscow against Finnish companies Fortum and Outokumpu, seeking 227.8 billion roubles ($2.8 bill…

Green Hydrogen

Totalenergies Seeks Permit for $16 Billion Green Hydrogen Project in Chile

TotalEnergies subsidiaries have submitted an application for an environmental permit for a $16 billion green hydrogen and ammonia project in southern Chile, acc…

Coal Production

House Committee Proposes Changes to Boost US Oil, Coal on Federal Lands

On Tuesday, the House Natural Resources Committee will review proposed changes to U.S. oil and gas drilling programs as part of a budget reconciliation bill. Th…

Electric Vehicles

Here’s How Volvo Plans to Overcome Trump’s Tariffs With New EVs Arriving

Volvo Cars has announced a SEK 18 billion (approximately $2 billion) restructuring plan to foster growth and address challenges posed by tariffs. The initiative…

United States

Thermo Fisher Scientific Announces $2 Billion Investment in U.S. Operations

Thermo Fisher Scientific Inc., based in Waltham, Massachusetts, has announced a $2 billion investment in the United States over the next four years to advance i…

LNG

Woodside Greenlights $17.5 Billion US LNG Project, Targets 2029 Start

Woodside Energy, an Australian energy company listed as WDS.AX, announced its final investment decision for a Liquefied Natural Gas (LNG) project in Louisiana, …

Battery

AXA IM Alts Enters UK Battery Storage Market With Strategic Scottish Investment

AXA IM Alts, managing €186 billion in alternative investments, has acquired a 50% stake in Coalburn 1, a 500MW battery energy storage system (BESS) in Sout…

Morocco

Morocco Commences Construction of Africa’s Longest High-Speed Rail Line, the Kentira-Marrakech Rail Project.

On Thursday, King Mohammed VI officially launched Morocco’s $10.3 billion Kenitra-Marrakech rail project, a major step toward enhancing the country’…

Electric Vehicles

Kia, Hyundai Mobis’s Q1 Sales Hit Record Amid EV Demand Surge but Margins and Tariffs Cloud Outlook

Kia reported its highest-ever first-quarter revenue of 28.02 trillion won ($19.6 billion) and an operating profit of 3.01 trillion won for January to March, ann…

Canada

Trump Tariff Chaos Makes Dow Pause $8.4bn Plant in Canada

US chemical company Dow has postponed its plan to construct a major net-zero chemical facility in Fort Saskatchewan, near Edmonton, Alberta, according to CBC. T…

Metal

Vale Reports 17% Drop In Q1 2025 Net Income Amid Lower Iron Ore Prices

Brazil-based iron ore producer Vale reported a 17% decline in net income for the first quarter of 2025, ending March 31, primarily due to lower iron ore prices.…

Natural Gas

Ukraine Needs $2.9 Billion to Buy Gas in 2025, National Bank Says

On April 25, 2025, Ukraine’s National Bank announced that the country requires $2.9 billion to fund gas imports in 2025, following damage to domestic gas …

Offshore Wind Power

EA3 Monopile Installation Gets Underway

ScottishPower has begun offshore construction for its £4 billion East Anglia 3 offshore wind farm, a 1400MW project in the North Sea. The installation of …