Du

China

Airbus Cuts Production Rate Target for Its A220 Jet

Europe’s Airbus (AIR.PA) announced on Wednesday that it has lowered its production target for the A220 jetliner, offsetting the positive impact of stronge…

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…

India

India’s Rice Exporters Seek Deals With Emerging Markets After Strong Monsoon

India’s rice exporters are preparing to secure deals for the new season’s crop with buyers in emerging markets, including Iraq, Indonesia, and Saudi…

Solar Panel

Nigeria, Longi Sign Deal to Build Solar Panel Factory

The Energy Commission of Nigeria has confirmed a strategic partnership with Chinese solar manufacturer Longi to develop a solar panel factory in the country wit…

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

Aclara Resources Unveils Plans for First Heavy-Rare Earths Separation Plant in the U.S.

Aclara Resources Inc., based in Vancouver, Canada, announced plans to build the first heavy rare earths (HREE) separation facility in the United States, located…

Metal

Rio Tinto Launches Corruption Inquiry at Oyu Tolgoi

Oyu Tolgoi LLC, a subsidiary of Rio Tinto Group, announced that it is conducting an internal investigation into allegations of corruption and unethical behavior…

France

Airbus Delays Some A220 Output, Narrowing Window to Reach 2026 Target

Airbus (AIR.PA) has postponed the assembly of some A220 jets this year and next, and may only achieve its 2026 production target of 14 A220s per month in the fi…

Offshore Wind Power

Britain Announces $1.45 Billion Budget for Offshore Wind Auction

The United Kingdom has allocated a reduced budget for offshore wind projects in its upcoming auction, according to government documents released on Monday. This…

Oil Refinery

Mexico’s Pemex Pumps Less, Refines More in Third Quarter

Mexican state energy company Pemex reported reduced crude oil extraction but increased refining activity in the third quarter, according to its Monday announcem…

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…