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South Korea

DL Chemical Proposes Shutting Yeochun NCC’s No. 1 Plant Under Restructuring

South Korean petrochemical firm DL Chemical announced on Monday that it has proposed permanently closing Yeochun NCC Co.'s No. 1 naphtha cracker, which has …

Methane

Spain’s Solarig to Invest Over $400 Million in Biomethane Plants in Poland

Spanish renewable energy developer Solarig announced on Monday a planned investment exceeding 1.5 billion zloty, equivalent to approximately 415 million U.S. do…

CCS

Brazil’s BNDES Approves $71 MM for Carbon Storage Project

Brazil's state development bank BNDES has approved funding for corn ethanol producer FS to construct the nation's inaugural carbon capture and storage f…

Electric Vehicles

Inovance Automotive, Innoscience Debut GaN-Based 6.6 KW OBC System on Changan EVs

Inovance Automotive and Innoscience announced on December 8, 2025, that their jointly developed 6.6 kW on-board charger, utilizing Innoscience's 650-volt ga…

United States

Chlorum Solutions Acquires Iowa Chlor-Alkali Facility From Cargill

Chlorum Solutions USA LLC, headquartered in Chicago, announced on December 13, 2025, the signing of a definitive agreement to purchase Eddyville Chlor-Alkali, L…

United States

OpenAI Unveils GPT-5.2 Improvements

OpenAI introduced its advanced AI model, GPT-5.2, on December 11, 2025, offering improvements in professional tasks, coding performance, and handling of extende…

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 …