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South Korea

HD Hyundai Mipo Bags $111M Order for Boxship Pair

HD Hyundai Mipo, a South Korean shipbuilder under HD Korea Shipbuilding & Offshore Engineering, has secured a 159.3 billion South Korean won ($111.08 million) c…

Carbon Emissions

Japan’s FY 2023 Greenhouse Gas Emissions Hit Record Low for 2nd Year

Japan’s greenhouse gas emissions reached a record low in fiscal year 2023, marking the second consecutive year of decline, according to a government report rel…

Canada

Competitiveness Challenges in Canada’s Fertilizer Sector

Canada’s fertilizer industry plays a vital role globally, ranking as the third largest producer and contributing $42 billion annually to the economy while…

Oil Pipeline

Morgan Stanley Infra Partners Eyes $2 Billion Permian Pipelines Sale, Sources Say

Morgan Stanley Infrastructure Partners (MSIP) is considering selling its majority stake in Brazos Midstream II, a deal that could value the holding at over $2 b…

Metal

Vedanta Eyes US IPO to Develop Konkola Copper Mines in Zambia

UK-based Vedanta Resources, owned by Indian billionaire Anil Agarwal, is considering a public listing in the United States for its Zambian unit, Konkola Copper …

Carbon Emissions

Japan’s Greenhouse Gas Emissions Fall 4% in FY23/24 to Record Low

Japan’s greenhouse gas emissions decreased by 4% in the fiscal year ending March 2024, reaching a record low of 1.071 billion metric tons of carbon dioxid…

Power Construction

Germany’s Regulator Targets $1.71bn in Grid Cost Reductions

Germany’s energy grid regulator, Bundesnetzagentur, has introduced a plan to reduce electricity costs for consumers by approximately €1.5 billion bet…

Metal

Barrick to Divest Donlin Gold Project to NOVAGOLD, Paulson for $1BN

Canadian mining company Barrick Gold has agreed to sell its 50% stake in the Donlin Gold Project in Alaska, held through its subsidiary Barrick Gold US, to affi…

United States

Stonepeak Launches $1.5bn Montera for Hyperscale AI Data Centres

Stonepeak, an investment firm, has introduced Montera Infrastructure, a new hyperscale data centre platform supported by a $1.5 billion equity commitment. Focus…

Hydrogen Fuel Vehicle

China Allocates $321 Million to Boost Regional Hydrogen Fuel-Cell Vehicle Deployment

China has allocated $321.5 million (2.34 billion yuan) in its third annual subsidy round to support hydrogen fuel-cell electric vehicle (FCEV) demonstration pro…

Energy Storage Project

Bulgarian Tender Awards Nearly 10 GWh of Energy Storage

Bulgaria has committed over 1.15 billion levs ($675 million) to support 82 standalone renewable energy storage projects through its EU-funded RESTORE procuremen…

Nuclear Power Plant (NPP)

US Disburses Part of Loan to Michigan Nuclear Power Plant for Restart

On Tuesday, the U.S. Energy Department announced that the Palisades nuclear plant in Michigan, aiming to be the first U.S. nuclear reactor to restart after perm…

Electric Vehicle Battery

Toyota Signs Deal for 2-Billion-Usd EV Project in Shanghai

Toyota Motor Corp., a leading Japanese automaker, signed an agreement with the Shanghai municipal government to establish a wholly-owned electric vehicle (EV) a…

Metal

Russia Invests $13.4bn in Baimskaya Copper Mine

Russian state bank VEB has committed over Rbs1.1 trillion ($13.4 billion) to develop the Baimskaya copper mine in the Chukotka region, located in Russia’s…

Coal Production

SECL Signs $823M Agreement for Large-Scale Coal Production Utilising Paste Fill Technology

South Eastern Coalfields (SECL), a subsidiary of Coal India, has signed a Rs70.4 billion ($823.6 million) agreement with TMC Mineral Resources to implement past…