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Oil&Gas Drilling
Russia Oil Drilling at Fastest Pace in 5 Years as Curbs Ease
Russia’s oil producers have intensified drilling activities, reaching levels unseen in at least five years, preparing for potential increases in OPEC+ out…
Electric Vehicles
Kia, Hyundai Mobis’s Q1 Sales Hit Record Amid EV Demand Surge but Margins and Tariffs Cloud Outlook
Kia reported its highest-ever first-quarter revenue of 28.02 trillion won ($19.6 billion) and an operating profit of 3.01 trillion won for January to March, ann…
China
China’s JD.com Inches Closer to Korean Entry After Setting up Logistics Centers in Gyeonggi
JD.com, a leading Chinese e-commerce company, has established logistics centers in Incheon and Icheon, Gyeonggi, South Korea, signaling its intent to enter the …
South Korea
Seoul Plaza to Undergo First Major Renovation in 21 Years
The Seoul Metropolitan Government announced on Monday that Seoul Plaza, located in front of Seoul City Hall, will undergo its first major renovation since its o…
Battery
Samsung SDI to Showcase New High-Density Battery at 2025 Interbattery Europe in May
Samsung SDI, a leading battery manufacturer, will unveil its U8A1 high-density battery, designed for uninterruptible power supply (UPS) systems targeting AI dat…
Nuclear Power Plant (NPP)
New Nuclear Power Projects Get Green Light
On Sunday, China’s State Council, chaired by Premier Li Qiang, approved several new nuclear power projects, including Phase III of the Sanmen Nuclear Powe…
Electric Vehicles
Tesla Hikes Prices on Its EVs in Canada Amid Tariffs, Expect Demand Collapse
Tesla, the American electric vehicle manufacturer, has raised prices across its entire lineup in Canada, with increases ranging from 13% to 22%. The adjustments…
Gas turbine engine
Duke Energy Taps GE Vernova for Gas Turbine Partnership
Duke Energy and GE Vernova have entered into a partnership to supply natural gas turbines and related equipment to address increasing energy demands driven by a…
HVDC
SAP Build Apps Revolutionizes 50Hertz High-Voltage Grid Maintenance in Germany
50Hertz, a transmission system operator under Elia Group, manages the high-voltage grid across northern and eastern Germany, covering nearly one-third of the co…
Offshore Wind Power
Azerbaijan and China to Jointly Develop Offshore Wind Project in Caspian Sea
The Ministry of Energy of Azerbaijan has entered into two agreements with Chinese companies to advance a 2 GW offshore wind project in the Caspian Sea. A Memora…
Nuclear waste
Sogin Begins Dismantling Garigliano Radwaste System
Societa Gestione Impianti Nucleari (Sogin), an Italian state-owned company, has started dismantling the former radwaste system at the Garigliano Nuclear Power P…
Solar Panel
Reliance Industries Commission Its First Line for Manufacturing of Solar Panels
Reliance Industries, India’s largest conglomerate with interests in oil, petrochemicals, telecom, and retail, announced the commissioning of its first sol…
Hydrogen Fuel Vehicle
MT Aerospace Selects Hyliko to Deliver Hydrogen Trucks for French Guiana’s Space Center
MT Aerospace, a key supplier of aeronautics and space launcher components, has selected Hyliko to provide three hydrogen-powered trucks for the Guiana Space Cen…
Metal
Lynas Rare Earths’ Q3 Revenue Misses Estimates as Pricing, Volatility Weighs
Lynas Rare Earths, the largest producer of rare earths outside China, reported its third-quarter gross sales revenue on Monday, reaching A$123 million ($78.62 m…
Metal
Tesla Humanoid Robot Project Hampered by China’s Rare Earth Export Curbs
During a recent earnings call, Tesla CEO Elon Musk announced that production of the company’s Optimus humanoid robot faces delays due to China’s exp…
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