Der

Photovoltaic （PV）

Masdar Secures 2GW of Solar Projects in Saudi Arabia

Masdar has secured contracts from the Saudi Power Procurement Company (SPPC) to develop two major solar photovoltaic (PV) projects in Saudi Arabia with a total …

Crude Oil

Exxon Mobil Names Gregory Garland to Board of Directors

Exxon Mobil Corp. (XOM.N) announced on Wednesday that it has appointed Gregory Garland, a long-time industry executive, to its board of directors, effective Nov…

United States

Cargill to Lay Off 80 Workers in Minnesota, More Globally

U.S. agribusiness company Cargill Inc (CARG.UL) announced on Wednesday that it will permanently lay off 80 employees in Minnesota and an unspecified number of w…

Battery

Schneider Electric Unveils 200 Kwh C&I Battery Storage System

Schneider Electric, headquartered in France, has introduced its new battery energy storage system (BESS) for commercial and industrial (C&I) applications, named…

CCS

CCUS Takes Center Stage in Norway’s New National Innovation Hub

Norway has launched a new cluster, dubbed CCUS Innovation, under the Norwegian Innovation Clusters (NIC) program, a government-backed initiative managed jointly…

United States

Baker Hughes to Supply Key Technology for World’s Largest Low-Carbon Ammonia Plant

Baker Hughes, Inc. (Houston) announced on Wednesday that it has received an order from Technip Energies (Paris) to supply a steam turbine generator and key cent…

United States

Nvidia’s Stock Market Value Nears Record $5 Trillion

Nvidia was close to reaching a $5 trillion market valuation on Tuesday after announcing strong new orders and major government projects. The company said it had…

United States

New York Bridge Project Is $93M Under Budget and 51 Months Early

New York’s Metropolitan Transportation Authority (MTA) announced that the first phase of the Park Avenue Viaduct Replacement Project is $93 million under …

United States

Meta Appoints Insider Vishal Shah to Key AI Role

Meta Platforms (META.O) has named Vishal Shah, an internal executive, to lead product management for its artificial intelligence offerings, the company announce…

Bangladesh

First Shipment of Wheat Under US Trade Deal Arrives in Bangladesh

A vessel carrying nearly 57,000 tonnes of wheat from the United States has arrived at Chittagong Port, marking the beginning of wheat imports under a government…

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 …

Oil Refinery

Dangote Refinery to Expand Capacity to 1.4m Barrels Daily

The Dangote Petroleum Refinery, Africa’s largest refining facility, is set to undergo a major expansion that will increase its production capacity from 65…

China

Peter Döhle Boosts Boxship Fleet With Four Newbuilds in China

Hamburg-based shipowner Peter Döhle Schiffahrts is expanding its container fleet with an order for four feedermax vessels at China’s CSSC Guangzhou H…

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…

Power Construction

US Orders Part of Talen Power Plant in Maryland to Run Above Limits Through End of 2025

U.S. Energy Secretary Chris Wright on Friday issued an order allowing part of Talen Energy’s oil-fired Wagner power plant in Maryland to operate above reg…