Citi

Electrification

Equinor Drops Offshore Electrification Plans Over Rising Costs

Equinor announced on Friday that it has decided to cancel plans to reduce greenhouse gas emissions by linking several offshore oil and gas platforms to Norway&r…

United States

Brazilian Beef Exports to the US Have Fallen Due to Trump’s Tariff Hikes

Brazilian beef exports to the United States are projected to decline further in September, continuing the trend seen in August, citing statements from Roberto P…

Metal

India Defers Hike in Low-Grade Iron Ore Export Duty

India has postponed its plan to raise export duties on low-grade iron ore and pellets after facing strong objections from the domestic mining industry, accordin…

Power Construction

US Launches Effort to Speed Power Grid Projects for AI

The U.S. administration on Thursday announced new measures to accelerate development of power plants and transmission lines, citing rising electricity demand dr…

Battery

Cummins Launches Plug-And-Play BESS in India for Commercial, Industrial Use

Cummins has launched fully integrated, plug-and-play battery energy storage system (BESS) solutions in India, offering capacities ranging from 211 kWh to 2,280 …

Metal

ArcelorMittal South Africa Plans to Shed 4,000 Jobs

ArcelorMittal South Africa (AMSA), a major steel producer, is set to reduce its workforce by nearly half, according to a Reuters report citing the Solidarity un…

Wind Power Project

US Halts øRsted’s Revolution Wind Project Over Security Concerns

The US government has directed Ørsted, the Danish energy company, to suspend work on its offshore wind project, Revolution Wind, citing national security…

Offshore Wind Power

Equinor Makes $955 Million US Offshore Wind Writedown

In April 2025, U.S. Interior Secretary Doug Burgum halted construction of Norway’s Equinor Empire Wind project off New York’s coast, citing insuffic…

Electricity Transmission

China’s Record-Breaking Heat Pushes Power Demand to New High

A prolonged heatwave across China has pushed electricity demand to an unprecedented peak, surpassing 1.5 billion kilowatts, according to energy officials. The i…

Electric Vehicle Charging

NIO’s 1,000th Highway Battery Swap Station in China Goes Live

On July 9, NIO announced the opening of its 1,000th highway battery swap station at the Fushan Service Area on the G5011 Wuhu–Hefei Expressway in China. T…

India

VI Expands 5G Rollout Across 23 Indian Cities With Self-Organising Networks

Vi Vodafone Idea, a prominent telecom operator in India, has initiated the next phase of its 5G network deployment in 23 cities. The rollout includes Ahmedabad,…

United Kingdom

UK’s Reeves Okays $21 Billion of Transport Projects Outside London

British Finance Minister Rachel Reeves will announce a £15.6 billion ($21.1 billion) investment for transport projects in cities outside London. The annou…

South Korea

Hyundai E&C Drops Out of Gadeokdo New Airport Land Reclamation Project

Hyundai E&C, a major South Korean construction company, has withdrawn from the land reclamation project for the Gadeokdo New Airport, citing challenges in meeti…

Wind Power Project

Queensland Axes Plan for 450-MW Brookfield-Backed Wind Project

The Queensland government has withdrawn its approval for the Moonlight Range Wind Farm, a large-scale renewable energy project, citing non-compliance with the s…

Electric Vehicle Battery

UK Startup Unveils Industrial Batteries Based on Repurposed EV Battery Packs

Allye Energy, a UK-based energy storage startup, has introduced two innovative battery energy storage systems (BESS) designed for industrial applications. Named…