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Electricity Transmission
Hot Weather and High Demand to Pressure US Power Grid This Summer, FREC Says
The Federal Energy Regulatory Commission (FERC) announced on Thursday that electricity consumption in the U.S. is projected to reach a four-year high this summe…
Oil Field
Nigeria Says Exxon Commits $1.5b to Deepwater Development
Exxon Mobil Corp. has committed $1.5 billion to develop a deepwater oil field in Nigeria, as the country seeks to increase its oil production. The investment, p…
India
VI Brings Ericsson Massive Mimo 5G to India’s Capital City
Vi (Vodafone Idea) has officially launched 5G services in the Delhi NCR region in collaboration with Ericsson. This marks a key milestone in the ongoing 5G depl…
Offshore Wind Power
Synera Renewable Gains Controlling Stake in Formosa 2 Offshore Wind Farm
Synera Renewable Energy Group (SRE) has increased its stake in the Formosa 2 offshore wind farm by 26%, achieving a 51% majority interest. Formosa 2, located of…
Oil Price
US Oil Prices Drop More Than $1 as Inventory Build Raises Oversupply Fear
U.S. crude futures dropped more than $1 in early trading on Thursday after unexpected data showed an increase in U.S. crude oil inventories, sparking concerns a…
Oman
Oman’s Wheat Production to Exceed 7,700 Tons
Omani farmers have started harvesting their 2024-2025 wheat crop, with authorities anticipating a yield exceeding 7,700 tonnes, a slight increase from the 7,500…
South Africa
MTN South Africa Launches Aggressive 4G Smartphone Push With R99 Handsets
MTN South Africa is taking a significant step to increase 4G adoption across the nation by offering 1.2 million 4G-enabled smartphones to its prepaid subscriber…
Electric Vehicle Battery
A Vast New UK Battery Plant Just Secured £1B to Power 100K EVs
A new electric vehicle (EV) battery factory is being constructed in Sunderland, creating 1,000 new jobs. The £1 billion ($1.33 billion) facility, develope…
Metal
Sibanye-Stillwater’s Keliber Lithium Project in Finland Sees 17% Cost Increase
South African miner Sibanye-Stillwater has reported a 17% cost increase for its Keliber lithium project in Finland, with the estimated cost now at €783 mil…
Electric Vehicles
Tesla (TSLA) Slows Down in China Despite New Model Y Production
Tesla experienced a decline in sales and exports in China during April 2025, despite increased production of the updated Model Y at its Shanghai Gigafactory. Of…
Crude Oil
China’s Recovery in Crude Oil Imports Is More Bearish Than Bullish
China, the world’s largest crude oil importer, reported a slight increase in imports for the first four months of 2025, reaching 11.83 million barrels per…
Brazil
Brazil to Increase Soybean Area for 2025/26 Crop by Almost 500 Thsd Ha
Brazilian farmers are set to expand their soybean acreage by approximately 500,000 hectares for the 2025/26 season, which begins in September. Andre Pessoa, pre…
Kazakhstan
Kazakhstan’s Wheat Exports to Kyrgyzstan Doubles
Kazakhstan has significantly increased its wheat exports, with Uzbekistan emerging as the primary buyer of its new-crop grain, according to Forbes Kazakhstan. O…
China
China Showcases High-Altitude Engineering Prowess With 38-Meter Core Sample Extracted
On Sunday, engineers at the Yebatan Hydropower Station in southwest China successfully extracted a 38.1-meter-long concrete core sample from the dam, setting a …
Germany
Portus Expands Munich Data Centre Campus With AI-Ready, 5.5MW Facility
Portus Data Centers has announced plans to expand its Munich campus with a new 5.5MW colocation facility named MUC2. This Tier III+ carrier-neutral data center …
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