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Offshore Wind Power
Britain Announces $1.45 Billion Budget for Offshore Wind Auction
The United Kingdom has allocated a reduced budget for offshore wind projects in its upcoming auction, according to government documents released on Monday. This…
China
Oceanbulk Linked to Boxships Comeback
Greek shipowner Petros Pappas is making a return to the container shipping sector through his privately held company, Oceanbulk, which has reportedly placed an …
Sweden
Alstom Secures Maintenance Contract for 62 Mälartåg Trains in Sweden
Alstom has secured a new contract from rail operator VR to provide maintenance services for the full fleet of 62 Mälartåg commuter trains in Sweden. …
Oil Shale
Sinopec Announces Discovery of New Shale Oil Reserve in Southwest China
On October 23, 2025, Sinopec, China’s leading oil refiner, announced the discovery of a significant shale oil reserve in the Sichuan Basin, southwest Chin…
United States
IBM Says Conventional AMD Chips Can Run Quantum Computing Error Correction Algorithm
IBM announced that it has successfully run a key quantum computing error correction algorithm on commercially available chips made by Advanced Micro Devices (AM…
Electric Vehicles
CATL, EACON Join Forces to Accelerate Electrified Autonomous Mining Transformation
On October 24, CATL and EACON, a leading Chinese developer of autonomous haulage solutions, signed a strategic cooperation agreement in Ningde, Fujian, accordin…
France
Hoffmann Green Signs Partnership Agreement With Vinci Immobilier Bordeaux
Hoffmann Green Cement Technologies has entered into a strategic partnership with the Bordeaux/La Rochelle branch of VINCI Immobilier, a prominent real estate de…
Peru
Peru’s Cement Consumption Advances 10% in September
In September 2025, Peru's cement demand increased by 10.2% year-on-year, reaching 1.174 million tonnes (Mt) compared to 1.065 Mt in September 2024, accordin…
Metal
JP Morgan Sees Gold Prices Averaging $5,055 per Ounce by Late 2026
JP Morgan analysts on Thursday reaffirmed their optimistic outlook on gold, projecting that prices could average $5,055 per ounce by the fourth quarter of 2026.…
United States
Alaska Air Cuts Annual Profit Forecast on Higher Fuel Costs
Alaska Air Group (ALK.N) reduced its 2025 profit outlook on Thursday as higher fuel prices and operational challenges, including severe weather, affected its ma…
Metal
Perpetua Resources Starts Building $1.3b Stibnite Gold-Antimony Mine
Perpetua Resources (NASDAQ, TSX: PPTA) has started early works construction at its $1.3 billion Stibnite gold-antimony project in central Idaho. The project was…
Turkey
NCS Vinç Ships 5T Overhead Crane
NCS Vinç announced that a 5-tonne overhead crane developed as part of the Çankırı project is now being shipped to its destination. The company d…
Germany
BASF and IFF Collaborate on Next-Generation Enzymes for Fabrics, Personal Care and Industrial Cleaning
BASF (Ludwigshafen, Germany; www.basf.com), a global chemical leader and pioneer in sustainable product innovation, announced a strategic collaboration with Int…
Oil Refinery
Russia Ships First Oil to New Refinery in Georgia
Russian oil producer Russneft (RNFT.MM) has delivered its first oil cargo to Georgia’s newly constructed Kulevi oil refinery this month, according to LSEG…
United States
Amazon Says AWS Cloud Service Is Back to Normal After Outage Disrupts Businesses Worldwide
Amazon.com announced that its cloud service, Amazon Web Services (AWS), resumed normal operations on Monday afternoon after a major internet outage that disrupt…
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