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United States

Azul Wins Court Nod for Debt Restructuring, American and United to Invest

A U.S. bankruptcy judge approved the debt restructuring plan for Brazilian airline Azul on December 12, 2025, enabling the company to reduce more than $2 billio…

Gas power plant

Nigeria Issues Permits for Gas-Flaring Project, Targets $2 Billion Investment and 3 GW Power Potential

Nigeria granted permits to 28 companies on December 12, 2025, as part of the Nigerian Gas Flare Commercialisation Programme (NGFCP), designed to reduce routine …

United States

JBS to Close California Beef Plant

JBS, the world's largest meat company, announced on December 12, 2025, the permanent closure of a beef preparation facility located outside Los Angeles. The…

Coal Production

India Approves Coal Exports Amid Healthy Power Station Stocks

India's cabinet approved a policy on December 12, 2025, allowing the export of coal due to surplus stocks at power plants, as announced by Information Minis…

SMR

GE Vernova Hitachi SMR Design Cleared for Use in UK

Regulators in Great Britain have concluded that GE Vernova Hitachi's BWRX-300 small modular reactor (SMR) design is suitable for potential construction in t…

Netherlands

Gelregroen Consortium Secures Funding for Dutch ViA15 Project

The GelreGroen consortium and Dutch infrastructure agency Rijkswaterstaat have achieved financial close on the €1.3 billion ($1.4 billion) ViA15 motorway p…

Japan

MHI Produces Hydrogen at Its Ammonia Cracking Pilot Plant Using Steam Heating

Mitsubishi Heavy Industries (MHI) announced on Thursday that it has successfully produced 99% purity hydrogen through ammonia cracking using steam as the sole h…

Electric Vehicles

Tesla US Sales Drop to Nearly 4-Year Low in November Despite Launch of Cheaper Versions

Tesla's U.S. sales fell to a near four-year low in November, despite the introduction of more affordable variants of its leading electric vehicles, accordin…

India

Petronet LNG Secures Rs 12,000 Crore Loan for Petrochem Project

Petronet LNG Ltd has concluded a ₹12,000-crore rupee term loan facility with a banking consortium led by State Bank of India and Bank of Baroda. The agreement …

India

IFFCO Eyes at Setting up JVs Abroad to Secure Finished Products for India

Indian Farmers Fertiliser Cooperative (Iffco), India's largest fertiliser producer, is pursuing joint-venture manufacturing facilities in Sri Lanka, Jordan,…

Japan

Methanol Reformer to Supply Mitsubishi Gas Chemical With L18 Methanol Reformer Technology

Mitsubishi Gas Chemical Company (MGC) has signed a Sales and Purchase Agreement with Methanol Reformer for the supply of an L18 methanol reforming system. The u…

Biofuel

German Cabinet Approves Draft Biofuels Law, Food-Based Ingredient Use to Continue

Germany's cabinet approved a draft law on biofuels on Wednesday that permits the continued use of food and feed crops as raw materials for biofuel productio…

Power Construction

EU to Fast-Track Power Grid Projects in Race to Lower Energy Prices

The European Union has proposed measures to speed up the approval of electricity grid projects and introduce coordinated EU-wide planning for cross-border infra…

Metal

Indonesia to Levy Gold Export Duties From December 23

Indonesia will impose export duties on gold products starting December 23, according to a regulation published on the Finance Ministry website on Wednesday. The…

Electric Vehicles

Kargobot.ai, Horizon Robotics Forge Strategic Alliance to Scale L4 Autonomous Trucking in China

KargoBot.ai and Horizon Robotics have formed a strategic partnership to accelerate the commercialization of Level-4 autonomous heavy-duty trucks in China. The t…