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Romania
Romania to Set Up Fund for Critical Flood Infrastructure
Romania will establish an infrastructure fund dedicated to flood prevention and response, aiming to meet European Union requirements for unlocking recovery fund…
Battery
Sinopec and LG Chem Sign Agreement to Jointly Develop Sodium-Ion Battery Materials
China Petroleum & Chemical Corporation (Sinopec) and LG Chem announced a joint development agreement on key materials for sodium-ion batteries, aiming to advanc…
Brazil
Brazil to Expand Amazon River Flow for Year-Round Soy and Corn Exports
Brazilian authorities have approved the construction of a canal through 35 kilometers of rocky rapids in the Amazon rainforest, a major development aimed at fac…
France
Lille Orders Automated Metros From Alstom and Siemens as Part of Metro Modernisation
Métropole Européenne de Lille (MEL) is advancing the modernisation of its fully automated metro network with two major train procurement projects …
Oil Refinery
Nigeria’s Dangote Refinery Ramps up Output on Back of New Fuel Import Duty
Nigeria’s Dangote Petroleum Refinery, Africa’s largest oil refinery, announced on Saturday that it is increasing production to meet national petrol …
United States
Apple Shares Rise as iPhone Holiday Sales Forecast Soothes Supply Woes
Apple’s shares rose about 2% in premarket trading on Friday after the company issued an optimistic forecast for the holiday quarter, indicating that strong dem…
Oil & Gas Trade
Saudi Aramco and Sonatrach Cut LPG Osps for Nov by 3-4%
Saudi Arabia’s state oil company Aramco and Algeria’s national energy firm Sonatrach have reduced their official selling prices (OSPs) for liquefied…
Germany
BASF Will Construct Electronic-Grade Ammonium Hydroxide Plant to Support Semiconductor Manufacturing
BASF (Ludwigshafen, Germany; www.basf.com) announced the construction of a new electronic-grade ammonium hydroxide (NH4OH EG) plant in Ludwigshafen to support s…
Ukraine
EU and Ukraine Agree on New Poultry Import Quotas
Under a recent review of the EU-Ukraine Deep and Comprehensive Free Trade Area (DCFTA), Ukraine’s annual poultry export quota to the EU will increase by one-th…
China
Airbus Cuts Production Rate Target for Its A220 Jet
Europe’s Airbus (AIR.PA) announced on Wednesday that it has lowered its production target for the A220 jetliner, offsetting the positive impact of stronge…
Portugal
Portugal’s Mota-Engil Lands €1BN Mexican Rail Deal
Mota-Engil has secured over €1 billion in new rail contracts in Mexico, strengthening its position as a leading infrastructure player in Latin America and …
Carbon Emissions
Mazda Forms EU Carbon Emissions Pool With Changan Joint Venture
Japanese automaker Mazda (7261.T) has partnered with its equal-share joint venture involving China's Changan (000625.SZ) to combine carbon credits. This arr…
India
IPhone Boom Powers India’s Electronics Exports to Record Highs, Set to Overtake Petroleum
India’s electronics exports are rapidly increasing and could soon replace petroleum products as the country’s second-largest export category, following engine…
Oil Refinery
Dangote Refinery to Expand Capacity to 1.4m Barrels Daily
The Dangote Petroleum Refinery, Africa’s largest refining facility, is set to undergo a major expansion that will increase its production capacity from 65…
China
Peter Döhle Boosts Boxship Fleet With Four Newbuilds in China
Hamburg-based shipowner Peter Döhle Schiffahrts is expanding its container fleet with an order for four feedermax vessels at China’s CSSC Guangzhou H…
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