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United States
Nokia Plans $4 Billion AI Investment in the United States
Nokia, the Finland-based telecommunications equipment provider, announced on Friday a planned investment of $4 billion in the United States, focused on research…
Natural Gas
Equinor Signs 10-Year Deal to Deliver Gas to the Czech Republic
Equinor, the Norway-based energy company, announced on Friday that it has entered into a 10-year agreement to supply natural gas to Pražská plyná…
Russian
Shipping Giant CMA CGM Resumes Russia Trade With Food Cargo
CMA CGM, the French-based global container shipping company ranked third worldwide, has resumed limited shipping services to Russia focused on foodstuffs, appro…
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…
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