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United States

Dow to Close Three European Chemical Plants, Cut 800 Jobs

On July 7, 2025, Dow, a Midland, Michigan-based chemicals company, announced the closure of three upstream facilities in Europe and the reduction of approximate…

Electricity Trade

Hut 8 Secures Five-Year Power Contracts in Ontario, Canada

Hut 8, a power generation company, has secured five-year capacity contracts with the Ontario Independent Electricity System Operator (IESO) for 310MW of power g…

China

China Contracts up to 700 Thsd Tons of Ukrainian New Crop Barley

A rise in demand from China has driven up domestic barley prices by $8, with the delivery price reaching $240 CIF ($203 FOB Odessa). This increase reflects grow…

France

Samsung and Orange France Complete First VRAN and Open RAN 4G/5G Calls

Samsung Electronics and Orange France, a major European telecommunications operator, have successfully completed the first 4G and 5G calls on Orange France&rsqu…

Metal

Indonesia Nickel Miners Urge Government to Maintain Three-Year Mining Quota

On July 4, 2025, Indonesia’s nickel miners’ association, APNI, requested that the government maintain the three-year validity period for mining quot…

Germany

‘Get Used to More Construction Sites’: Germany to Spend €166BN on Infrastructure

German Federal Transport Minister Patrick Schnieder has announced a €166 billion investment plan over the next five years to address the country’s ag…

China

BHP Signs Charters With COSCO for Ammonia-Powered Newcastlemax Newbuilds

BHP has entered into five-year charter agreements with COSCO Shipping Bulk for two new ammonia dual-fuelled Newcastlemax bulk carriers. Each vessel will have a …

Solar Power Plant

UAE Launches 60 MW Solar Plant to Power Gas Complex, Grid

Sharjah National Oil Corporation (SNOC) has officially commissioned the first utility-scale solar power facility in Sharjah, United Arab Emirates. The 60 MWp SA…

Italy

Versalis Establishes Dedicated Oilfield Solutions Business

Versalis, the chemical company of Eni, has announced that effective 1 July 2025, it will transfer its Oilfield Chemicals business unit to a new company, Versali…

Nuclear Fusion

Westinghouse Secures ITER Fusion Reactor Assembly Contract

Westinghouse Electric has been awarded a $180 million contract by ITER to assemble the vacuum vessel for a nuclear fusion reactor located in Saint-Paul-lez-Dura…

Norway

$75 Million Earmarked to Level up Norwegian Emission-Free Shipping Game

Norwegian state-owned enterprise Enova has granted approximately NOK 763 million (around $75.5 million) to support the development of hydrogen- and ammonia-powe…

Power Construction

Construction Begins on Chinese Section of China-Laos 500-KV Power Interconnection Project

On June 30, 2025, construction began on the Chinese section of the China-Laos 500-kV power interconnection project, marking another significant step in bilatera…

Czech Republic

STRABAG Wins Contracts to Modernise Czech Railway Infrastructure

STRABAG Rail has secured contracts totaling approximately €360 million ($421.7 million), co-financed by the European Union, to upgrade key railway infrastr…

Wind Farm

Greater Changhua 2B & 4 Foundation Installation in Home Stretch

Ørsted’s Greater Changhua 2b and 4 offshore wind farms, with a combined capacity of 920 MW, are progressing significantly off the coast of Changhua…

Japan

‘World’s First’ LCO2/Methanol Carrier Gets Stamp of Approval

Japanese shipping company Mitsui O.S.K. Lines (MOL) and Mitsubishi Shipbuilding, a division of Mitsubishi Heavy Industries (MHI), have received approval in prin…