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Oil Price

Colombia’s Ecopetrol Plans Cost Cuts as Lower Oil Prices Bite

On Wednesday, Ecopetrol, Colombia’s state-owned oil company, announced plans to reduce costs and expenses by approximately 1 trillion pesos ($232 million)…

Crude Oil

Exxon Plans $1.5 Billion Investment in Nigerian Oilfield

ExxonMobil, a global energy company, plans to invest $1.5 billion in its deepwater operations in Nigeria, according to the Nigerian Upstream Petroleum Regulator…

South Korea

GSMA, Samsung Enhance Global VoLTE Connectivity for 4G & 5G Networks

The GSMA, a global mobile industry association, has partnered with Samsung Electronics to enhance voice call quality and connectivity on 4G and 5G networks by e…

United States

Celanese to Divest Micromax Ink and Paste Business

Celanese Corp., based in Dallas, Texas, has revealed plans to divest its Micromax portfolio of products, a move aimed at enhancing cash generation and reducing …

China

China Adds 75 International Air Cargo Routes in First Four Months, Nearly 90% to Asia, Europe

In the first four months of 2025, China introduced 75 new international air cargo routes, with nearly 90 percent connecting to Asia and Europe, according to the…

Kazakhstan

Chinese Company’s Expansion, Upgrade Project of Kazakhstan Asphalt Plant Enters Production

On Monday, a ceremony marked the completion of the expansion and upgrade of the Caspian Asphalt Plant in Aktau, western Kazakhstan. The project, executed by Chi…

United Kingdom

UK-India Trade Deal Opens Doors for British Lamb Exports

A newly signed trade agreement between the UK and India is being hailed by exporters for its potential to significantly reduce tariffs on a wide range of goods,…

Electric Vehicles

BYD Takes the Spotlight in the Heart of Europe After Sales Surge by +750% in April

China’s leading electric vehicle manufacturer, BYD, has significantly outpaced Tesla in sales in Germany and the UK during April 2025, marking a strong st…

India

Hindustan-Tata JV Lands 8KM Section of New Indore Metro

A joint venture between Hindustan Construction Company (HCC) and Tata Projects has secured a $259 million (21.9 billion rupees) contract to construct a section …

Pumped Storage

Avaada Group to Develop 3,650 MW Pumped Storage Projects in Maharashtra

Avaada Group, a renewable energy company, has entered into a memorandum of understanding with the Water Resources Department of the Government of Maharashtra to…

Canada

Aduro and Siemens to Collaborate on Automation for Chemical-Recycling Pilot Plant

Aduro Clean Technologies, Inc., based in Sarnia, Ontario, Canada, has partnered with Siemens Canada to advance its Next Generation Process Pilot Plant, set for …

Coal Production

India’s Coal Production From Captive, Commercial Mines up 29% in April

In April 2025, India’s coal production from captive and commercial mines reached 14.01 million tonnes (MT), a notable increase from 10.87 MT recorded in A…

Green Hydrogen

Croatia’s Pag Island to Produce Green Hydrogen Using Wave Energy

Novalja, a small town on the island of Pag, Croatia, is on track to become one of the first locations in the country to produce green hydrogen. The local author…

Green Hydrogen

Sungrow Hydrogen Launches Green Hydrogen Production With Hybrid Electrolyser System

Sungrow Hydrogen has launched China’s first green hydrogen project utilizing both PEM (Proton Exchange Membrane) and alkaline electrolysers in joint opera…

SMR

Pilot Non-nuclear SMR Plant to Be Built in Finnish Coal-Fired Plant

Steady Energy, a Finnish small modular reactor (SMR) developer, has announced plans to build a non-nuclear pilot facility at the decommissioned Salmisaari B coa…