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Metal

AIP Plans Sale or Listing of French Aluminium Plant, Union Says

American Industrial Partners (AIP), a U.S. investment firm, is preparing to sell or list France’s largest aluminium smelter, Aluminium Dunkerque, accordin…

Nigeria

Nigeria’s Dangote Refinery Delays CDU Maintenance to End of January 2026

Nigeria’s Dangote Refinery, Africa’s largest with a capacity of 650,000 barrels per day, has postponed planned maintenance on its primary crude dist…

Kazakhstan

Kazakhstan Poultry Industry Expansion Takes Off

Kazakhstan has significantly advanced its goal of achieving full self-sufficiency in poultry meat, with the domestic production rate for broiler meat reaching 8…

SAF

Phillips 66 to Supply SAF to DHL for Three Years

Phillips 66 has secured a three-year agreement to supply DHL Group with more than 240,000 metric tons of sustainable aviation fuel (SAF). The fuel will be produ…

Solar Cell

Longi Reveals Details of World’s Most Efficient Silicon Solar Cell

A research team from Longi, led by company president and founder Li Zhenguo, has published detailed technical information on its 27.81%-efficient hybrid interdi…

Indonesia

POSCO International to Invest $862 Mln in Indonesian Palm Oil Business

POSCO International has completed a $862 million investment program to establish a fully integrated palm oil value chain in Indonesia, covering plantations, cru…

Switzerland

Clariant Catalysts and Technologies Garner Awards at Gulf Energy Information Gala Event

Clariant, the Switzerland-based specialty chemical company headquartered in Muttenz, has received two major honors at the 2025 Gulf Energy Information Excellenc…

China

COSCO Sells Vintage VLCC for Steep Discount

COSCO Shipping has sold the 2006-built, scrubber-fitted VLCC Cosgrand Lake (299,000 dwt) for around $35 million to undisclosed buyers, shipbrokers report.The Ja…

Offshore Wind Power

Ocean Winds Secures Celtic Sea Floating Offshore Wind Site in UK

Ocean Winds, a joint venture equally owned by EDP Renewables and Engie, has been awarded development rights for a third floating offshore wind site in the Celti…

United States

US Existing Home Sales Increase in October

U.S. existing home sales rose in October as prospective buyers capitalized on declining mortgage rates, despite ongoing challenges from elevated housing costs a…

China

Foxconn, OpenAI Partner on AI Hardware Manufacturing

Foxconn has entered into a cooperation agreement with U.S.-based OpenAI to jointly design and develop data center racks, related components, and artificial inte…

Electric Vehicles

Magna to Produce China’s GAC Electric Vehicles in Europe

China’s Guangzhou Automobile Group (GAC) has reached an agreement with Magna to produce its all-electric AION V model at a Magna manufacturing plant in Gr…

Power Construction

Siemens Energy to Invest $2.3 Billion in Power Grid Factories by 2028

Siemens Energy has announced plans to invest approximately 2 billion euros (equivalent to 2.3 billion U.S. dollars) in expanding and modernizing its worldwide p…

Metal

South Africa, EU Sign Critical Minerals Deal, Vow to Defend Multilateralism

South Africa and the European Union reaffirmed their commitment to multilateral cooperation as they signed a partnership agreement on critical minerals, in prep…

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…