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Metal
ArcelorMittal South Africa Plans to Shed 4,000 Jobs
ArcelorMittal South Africa (AMSA), a major steel producer, is set to reduce its workforce by nearly half, according to a Reuters report citing the Solidarity un…
United States
Landmark Properties Acquires Site for New Student Housing Project in Florida, US
Landmark Properties, a U.S.-based real estate company, has partnered with Canyon Partners Real Estate and Peninsula Investments to acquire a 4.31-acre site at 2…
Crude Oil
Orlen Signs 12-Month Deal With Equinor for Supply of 15% Oil It Uses
Polish refiner Orlen has entered into a one-year agreement with Equinor, a Norwegian energy company, to supply over 6 million tons of crude oil. This contract, …
United States
ARCO Design/Build Completes 815 Building in Kentucky Using Tilt-Wall Construction
ARCO Design/Build, a U.S. company, in collaboration with NTS, has completed the 815 Building, a 48,190-square-foot office facility for Heaven Hill Brands at the…
Natural Gas
JEA Board Approves $1.57bn Natural Gas Facility in Jacksonville, US
The board of Jacksonville Electric Authority (JEA), a municipal utility in Florida, has unanimously approved a $1.57 billion plan to build a combined cycle natu…
Oil Shale
Crescent Energy Nears Deal for US Shale Peer Vital Energy, Sources Say
Crescent Energy, a U.S. energy company, is in advanced discussions to acquire Vital Energy, a smaller firm, sources familiar with the matter reported on Friday,…
Biofuel
US EPA Approves Biofuel Waivers for Small Refiners, Stirring Concerns Over Demand
On Friday, the U.S. Environmental Protection Agency (EPA) cleared most of its backlog of exemption requests from small oil refineries under the Renewable Fuel S…
Thermal Plant
Brazil Plans to Ask Power Plants to Bid on Supplying Capacity
Brazil’s government has announced plans to conduct two rounds of bidding in 2026 for hydroelectric and fossil-fuel thermal power plants to enhance electricity …
Solar Panel
T1, Corning Reach Deal to Make Fully American-Made Solar Panels
On Friday, U.S. solar company T1 Energy and specialty glass maker Corning unveiled a partnership to create a fully domestic solar supply chain, covering polysil…
Metal
China’s Tsingshan to Invest $800 Mln in Its Zimbabwe Steel Plant
On Friday, Tsingshan Holding Group, a major Chinese nickel producer, revealed plans to invest $800 million in its central Zimbabwe steel plant, operated by Dins…
Brazil
Cargill’s Brazil Unit to Build New Corn Ethanol Plant
Cargill, a U.S.-based grain merchant, announced on Friday that its subsidiary will construct a corn ethanol plant adjacent to its sugarcane facility in Goi&aacu…
Thermal Plant
China’s Fossil-Fuelled Power Rises to 11-Month High in July
China's fossil-fuelled power generation, mainly from coal, hit its highest level since August 2024 in July 2025, driven by record heat that increased electr…
Coal Production
China’s July Coal Output Falls to Lowest Level in Over a Year
China’s coal output in July 2025 fell to its lowest level since April 2024, according to statistics bureau data released on Friday. The decline, the first…
United States
Construction Commences on the Dunes Fort Lauderdale Hotel
Moss, a U.S.-based construction company, has partnered with G. Holdings and Marriott International to start construction on The Dunes Fort Lauderdale, an Autogr…
SMR
Plans for SMR Plant on Svalbard Progress
On Friday, a planning initiative for a small modular reactor (SMR) power plant in Longyearbyen, the administrative hub of Norway’s Svalbard archipelago, w…
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