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Power Construction

Torus Secures $200M From Magnetar to Boost Modular Power Plant Deployments

Torus, a U.S.-based provider of full-stack energy platforms, announced that it has secured a $200 million investment from Magnetar to accelerate the deployment …

Canada

ADM Expands Grain Terminal in Canada

ADM Agri-Industries has completed the expansion of its grain terminal at Port Windsor, Ontario, marked by a ribbon-cutting ceremony. The project enhances the co…

France

IFF Inaugurates Expansion at Natural Ingredients Site in France

International Flavors & Fragrances Inc. (IFF), headquartered in New York City, has inaugurated its expanded LMR Naturals facility in Grasse following a €10…

South Korea

Samsung Heavy Debuts Nuclear-Powered Gas Carrier Design

Samsung Heavy Industries announced at the opening of the Gastech event in Milan that it has received approval in principle (AiP) for a 174,000-cubic-meter lique…

Gas power plant

Mitsubishi Power to Supply Gas Turbines to O Mon 4 Power Plant in Vietnam

Mitsubishi Power, a division of Mitsubishi Heavy Industries, has signed a contract to deliver two M701JAC gas turbines for the O Mon 4 Power Plant in Vietnam. T…

Electric Vehicles

BYD to Begin Local EV Production in Europe by 2028

At the IAA MOBILITY 2025 event, BYD Executive Vice-President Stella Li announced that the company plans to begin local production of electric vehicles (EVs) in …

Metal

Outokumpu Signs MoU With Boston Metal to Enhance Production of Carbon-Free Metals

Outokumpu (OUT1V.HE), Finland’s leading stainless steel producer, announced on Tuesday that it has signed a memorandum of understanding with U.S.-based Bo…

Oil Shale

Chevron to Boost Vaca Muerta Output to 30,000 Bpd by Year-End

Chevron (CVX.N) announced plans to raise oil production in Argentina’s Vaca Muerta shale formation to 30,000 barrels per day by the end of this year, acco…

Australia

HIF Global Advances Plans for E-Fuels Facility in Tasmania

HIF Global, a U.S.-based e-fuels producer, has confirmed plans to establish its Tasmania e-fuels facility at the former Burnie Paper Mill site in South Burnie. …

Metal

Greenland Resources Signs MoU With Hempel for Molybdenum Supply

Greenland Resources has signed a memorandum of understanding (MoU) with Hempel Metallurgical for the long-term supply of molybdenum to the German steel industry…

China

Steel Cut for ‘World’s First Ammonia-Powered Containership’

The construction of Yara Eyde, described as the world’s first ammonia-powered containership, has officially started in China. The milestone was marked by …

Gas power plant

Mitsubishi Power Secures $5.2bn Gas Turbine Power Plant Contract in Taiwan

Mitsubishi Power, a division of Mitsubishi Heavy Industries (MHI), has signed a contract for the construction of a gas turbine combined cycle (GTCC) power facil…

LNG

ConocoPhillips to Buy LNG From Nextdecade’s Rio Grande Train 5 Project

U.S. oil and gas producer ConocoPhillips (COP.N) announced on Monday that it will purchase 1.0 million tonnes per annum of liquefied natural gas (LNG) from Next…

Electric Vehicles

China’s BYD to Start Hungary EV Plant by End-2025, Executive Says

China’s BYD (1211.HK), (002594.SZ) announced on Monday that it will begin production at its new electric vehicle plant in Hungary by the end of 2025. The …

United States

U.S. Chemical Production Slips in July, ACC Says

U.S. chemical production fell by 0.4% in July, marking declines in five of the past seven months, according to the American Chemistry Council (ACC). The industr…