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Crude Oil
Venezuela Approves 15-Year Extension of Russia-Linked Oil Joint Ventures
Venezuela’s National Assembly approved a 15-year extension of the joint ventures between state-owned Petróleos de Venezuela S.A. (PDVSA) and a subs…
Armenia
Armenian Firm to Invest amd1.9bn in New Cement Plant
Dragsman Cement, an Armenian cement producer, has received government approval to invest AMD 1.9 billion (approximately US$5.0 million) in a new production line…
Gas power plant
GE Vernova to Provide H-Class CC Equipment for Kozienice Plant in Poland
Enea Group has awarded GE Vernova a contract to supply two 9HA.01 gas turbine combined-cycle blocks for a new 1.2 GW power plant at Kozienice, Poland. Commercia…
Solar Battery (Storage)
Germany’s Largest Solar Battery Storage Hybrid Plant Commissioned
Statkraft, Europe’s largest renewable energy producer, has commissioned Germany’s biggest solar-battery hybrid power plant under the Renewable Energ…
Electric Vehicles
Geely, Renault Kicks off Strategic Cooperation in Brazil
Geely Holding Group announced on November 19 that it has officially launched its joint venture with Renault in Brazil, named Renault Geely do Brasil. A ceremony…
Ukraine
Ukraine Agrees to Establish First Agrohub in Africa
Ukraine’s Ministry of Economy, Environment, and Agriculture and Ghana’s Ministry of Food and Agriculture have signed a Memorandum of Understanding t…
India
India Railways Launches Cement-Bulk Transport Reform
Indian Railways has launched a new freight policy designed to significantly increase the transport of bulk cement by rail across the country. The initiative int…
Thailand
BASF Expands Alkyl Polyglucosides Production With New Plant in Thailand
BASF SE (Ludwigshafen, Germany) has commenced a major expansion of its Alkyl Polyglucosides (APG) production capacity with a new manufacturing facility at its B…
Peru
APM Terminals to Invest $550 Mln in Peru’s Callao Port
APM Terminals, the Dutch-based global port operator, will invest $550 million to expand the Multipurpose North Terminal at Callao Port in Peru, with constructio…
Saudi Arabia
Saudi PIF, SITE, Microsoft Sign MoU to Explore Delivery of Sovereign-Cloud Services in Kingdom
The Public Investment Fund (PIF) of Saudi Arabia, Saudi Information Technology Company (SITE), and Microsoft (MSFT.O) signed a memorandum of understanding on We…
United States
Nutrien Selects US Site for Potash Terminal
Nutrien (NTR.TO), the world’s leading producer of potash fertilizer, announced on Wednesday that it is advancing plans to construct a new export terminal at Lo…
Metal
Hindustan Zinc Secures Tungsten Mining Licence in Andhra Pradesh, India
Hindustan Zinc, part of the Vedanta Group, has been granted a tungsten mining license in the Indian state of Andhra Pradesh, marking a key step in its strategy …
CCS
Sonardyne Adds Another Task to Its Contract for UK’s First Offshore CCS Project
Sonardyne, a specialist in underwater technology, has expanded its contract with the Northern Endurance Partnership (NEP), a joint venture involving BP, Equinor…
United States
US Lifts Tariffs on Most Fertilizer Imports
On Tuesday, the White House announced that key nitrogen and phosphate fertilizers, along with other agricultural products, are exempt from U.S. import tariffs t…
United Kingdom
Exxon to Close Scottish Chemicals Plant in 2026 Amid Market Uncertainty
Exxon Mobil announced on Tuesday that it will close its Fife Ethylene Plant in Scotland in February 2026. The company said the site is no longer competitive bec…
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