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Japan
Japan’s Taisei Offers $878M to Buy Rival Toyo Construction
Japanese construction giant Taisei Corporation has announced a US$878 million (¥130 billion) acquisition of Toyo Construction at ¥1,750 per share.Tokyo&…
United States
Applied Digital’s Bid to Meet Compute Demands With New AI Factory
Applied Digital, a U.S.-based technology company, will begin construction on its $3 billion AI Factory, named Polaris Forge 2, in Harwood, North Dakota, in Sept…
Finland
New DayOne Data Centre in Finland to Drive Hyperscale Development
DayOne, a Singapore-based global data center developer and operator, has unveiled a €1.2 billion investment for a hyperscale data center in Lahti, Finland,…
Oil Shale
China Marks Major Milestone in Exploration With Discovery of Deep Shale Gas Field
China has achieved a key milestone in shale gas exploration with the discovery of a large-scale deep shale gas field in its southwestern region, with proven res…
United States
DC Blox Secures Billion-Dollar Green Loan for Atlanta Data Centre
DC BLOX, a provider of data center and fiber network solutions, has obtained a $1.15 billion green loan to develop a data center campus in Douglas County, Georg…
Electricity Trade
US Power Use to Reach Record Highs in 2025 and 2026, EIA Says
The U.S. Energy Information Administration (EIA) released its Short-Term Energy Outlook on August 12, 2025, forecasting record-high electricity consumption for …
Natural Gas
US Firm Finds Work on $8 Billion Gas Development in Africa
Mellitah Oil and Gas, a joint venture between Libya’s National Oil Corporation and Italy’s Eni, has selected Hill International, a U.S.-based compan…
Solar Battery (Storage)
California Activates $2 Billion Solar and Energy Storage Facility
Arevon Energy has completed the two-phase Eland solar-plus-storage project in Kern County, California, marking one of the largest solar-plus-storage installatio…
LNG
NextDecade Secures $1.8 Billion From TotalEnergies, GIP for Rio Grande LNG Project
NextDecade, a U.S. liquefied natural gas (LNG) developer, announced on Monday that it has obtained up to $1.8 billion in equity commitments to finance a new liq…
United States
Jacobs to Provide Construction Management for LA-Area Port Facility
Jacobs has been awarded a contract to oversee the Pier B rail expansion project at the Port of Long Beach in Los Angeles, US. The initiative is a major componen…
Power Construction
Kuwait Signs Contracts for $3.27 Billion Power Plant Project
On Sunday, the Kuwait Authority for Partnership Projects (KAPP) signed contracts with Saudi Arabia's ACWA Power and the Gulf Investment Corporation for phas…
Oil Refinery
India Approves $3.4 Billion Payout to State-Run Refiners for Cooking Gas Losses
India’s government approved a 300 billion rupee ($3.4 billion) compensation package for state-owned oil marketing companies to cover losses from providing…
Solar project
Trump Administration Will End $7 Billion Solar Energy Grant Program
Lee Zeldin, Administrator of the U.S. Environmental Protection Agency (EPA), announced the termination of a $7 billion grant program aimed at expanding solar en…
Gas Pipeline
Energy Transfer to Build $5.3b TX to AZ Natural Gas Pipeline
Energy Transfer LP announced on Wednesday its plans to construct a $5.3 billion natural gas pipeline from the Permian Basin to markets in New Mexico and Arizona…
Offshore Substation
Taihan Wins Cables Contract for 532MW Korean Offshore Wind Project
Taihan Cable & Solution has secured a $131 million contract to supply and install over 100 kilometers of inter-array submarine cables for the Anma offshore wind…
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