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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…
Armenia
Armenian Firm to Invest amd1.9bn in New Cement Plant
Dragsman Cement, an Armenian cement producer, has received government approval to invest AMD 1.9 billion (approximately US$5.0 million) in a new production line…
Nuclear Power Plant (NPP)
Third San’Ao Unit Under Construction
Construction of Unit 3 at the San’ao nuclear power plant in Zhejiang Province officially commenced with the first concrete pour for its nuclear island on …
Gas power plant
GE Vernova to Provide H-Class CC Equipment for Kozienice Plant in Poland
Enea Group has awarded GE Vernova a contract to supply two 9HA.01 gas turbine combined-cycle blocks for a new 1.2 GW power plant at Kozienice, Poland. Commercia…
Solar Battery (Storage)
Germany’s Largest Solar Battery Storage Hybrid Plant Commissioned
Statkraft, Europe’s largest renewable energy producer, has commissioned Germany’s biggest solar-battery hybrid power plant under the Renewable Energ…
United States
World’s Longest Subsea Cable Completed: Meta’s 2Africa Set to Supercharge Connectivity Across Africa
The 2Africa subsea cable system, one of the largest international telecommunications projects ever deployed, has now completed its core network and is fully ope…
Electric Vehicles
Geely, Renault Kicks off Strategic Cooperation in Brazil
Geely Holding Group announced on November 19 that it has officially launched its joint venture with Renault in Brazil, named Renault Geely do Brasil. A ceremony…
Ukraine
Ukraine Agrees to Establish First Agrohub in Africa
Ukraine’s Ministry of Economy, Environment, and Agriculture and Ghana’s Ministry of Food and Agriculture have signed a Memorandum of Understanding t…
India
India Railways Launches Cement-Bulk Transport Reform
Indian Railways has launched a new freight policy designed to significantly increase the transport of bulk cement by rail across the country. The initiative int…
Thailand
BASF Expands Alkyl Polyglucosides Production With New Plant in Thailand
BASF SE (Ludwigshafen, Germany) has commenced a major expansion of its Alkyl Polyglucosides (APG) production capacity with a new manufacturing facility at its B…
Peru
APM Terminals to Invest $550 Mln in Peru’s Callao Port
APM Terminals, the Dutch-based global port operator, will invest $550 million to expand the Multipurpose North Terminal at Callao Port in Peru, with constructio…
Natural Gas
Egypt Selects Hartree Partners for $4 Billion Natural Gas Deal, Deputy Secretary of State Landau Says
Egypt has chosen U.S.-based energy company Hartree Partners to supply natural gas under a framework agreement valued at approximately $4 billion, U.S. Deputy Se…
Saudi Arabia
Saudi PIF, SITE, Microsoft Sign MoU to Explore Delivery of Sovereign-Cloud Services in Kingdom
The Public Investment Fund (PIF) of Saudi Arabia, Saudi Information Technology Company (SITE), and Microsoft (MSFT.O) signed a memorandum of understanding on We…
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