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Oil Refinery

India Approves $3.4 Billion Payout to State-Run Refiners for Cooking Gas Losses

India’s government approved a 300 billion rupee ($3.4 billion) compensation package for state-owned oil marketing companies to cover losses from providing…

Uranium Project

Russia’s Rosatom Starts Development of Uranium Deposit in Eastern Siberia

Rosatom, Russia’s state-owned nuclear energy corporation, announced the start of development at the Shirondukuyskoye uranium deposit in eastern Siberia. T…

SAF

Argentina’s YPF to Invest $400 Million in Sustainable Jet Fuel Venture

YPF, Argentina’s state-owned oil company, revealed plans to invest approximately $400 million in a new joint venture to produce and distribute sustainable…

United States

NCDOT Awards $182M Contract for Hampstead Bypass Completion

The North Carolina Department of Transportation (NCDOT) has awarded a $182 million contract to S.T. Wooten for the construction of the final section of the Hamp…

Norway

World’s First Zero-Emissions Quicklime Plant Underway in Norway

Thyssenkrupp Polysius will supply the kiln system for SMA Mineral’s upcoming pilot plant in Mo i Rana, Norway, which is designed to produce quicklime with…

China

DeepSeek Six Months On: Disruption, Backlash, and the Fight for Trust

In January 2025, DeepSeek, a Chinese-developed AI chatbot from High-Flyer AI, launched globally and quickly gained significant attention. Its R1 model, featurin…

Floating Offshore Wind

100 MW White Cross Floating Wind Farm Granted Full Consent

The 100 MW White Cross floating offshore wind farm, developed by Flotation Energy and Cobra, has received complete onshore and offshore planning approval in the…

Hydrogen Transport

Corinth Pipeworks Confirms Offshore Pipeline Readiness for 100% Hydrogen

Corinth Pipeworks, the steel pipe division of Cenergy Holdings in Greece, confirmed the suitability of its materials for transporting 100% hydrogen in offshore …

Electricity Trade

Adani Power Secures Major Power Supply Contract in Bihar, India

Adani Power, India’s largest private thermal power producer, received a letter of intent from the Bihar State Power Generation Company Limited (BSPGCL) to…

Electric Vehicles

FORVIA HELLA Achieves Volume Production of 12V Lithium Battery Management System in China With EVE Energy

On August 6, 2025, FORVIA HELLA announced the world’s first mass production of a 12V lithium battery management system (BMS) in China, developed in collab…

Solar project

Trump Administration Will End $7 Billion Solar Energy Grant Program

Lee Zeldin, Administrator of the U.S. Environmental Protection Agency (EPA), announced the termination of a $7 billion grant program aimed at expanding solar en…

Nuclear Power Plant (NPP)

US Loan Disbursements to Recommission Michigan Nuclear Plant Top $83 Million

Holtec International received the fifth installment of a loan guarantee from the U.S. Department of Energy to support the restart of the 800-megawatt Palisades …

Crude Oil

China’s July Crude Oil Imports up 11.5% Year-On-Year

China’s crude oil imports in July 2025 increased by 11.5% compared to the same month last year, reaching 47.2 million metric tons, or 11.12 million barrel…

Metal

Rio Tinto Says No Economic Incentive for Green Steel in Australia

Rio Tinto, a major mining company, expressed concerns about the feasibility of establishing a "green iron" sector in Australia to support decarbonization effort…

Coal Trade

China July Coal Imports Fall 23% on Ample Domestic Supply

China's coal imports in July 2025 dropped by 23% compared to the previous year, reaching 35.61 million metric tons, according to data released by the Genera…