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Metal
African Rainbow Minerals Considers Papua New Guinea Copper Venture With Newmont Corp
African Rainbow Minerals (ARM) Chairman Patrice Motsepe said on Tuesday that the company is assessing a major copper project in Papua New Guinea in cooperation …
Coal-Fired Power Plants
EU Approves $2 Billion Subsidy for German Coal Exit
On Tuesday, the European Commission approved a €1.75 billion (about US $2.03 billion) compensation payment from Germany to Lausitz Energie Kraftwerke AG (L…
United Kingdom
Exxon to Close Scottish Chemicals Plant in 2026 Amid Market Uncertainty
Exxon Mobil announced on Tuesday that it will close its Fife Ethylene Plant in Scotland in February 2026. The company said the site is no longer competitive bec…
Nuclear Reactor
US Loans Constellation $1 Billion for Three Mile Island Reactor Reboot
The Trump administration announced on Tuesday that it has provided a $1 billion loan to Constellation Energy Corp to restart its nuclear reactor at a Pennsylvan…
South Korea
South Korea Agrees to Join UAE’s Stargate AI Data Centre Project
South Korea announced on Tuesday that it will cooperate with the United Arab Emirates on the U.S.-supported Stargate project, which aims to build a large artifi…
Electric Vehicles
GAC Group, Alibaba Cloud Expand Partnership Into Full-Stack AI
GAC Group and Alibaba Cloud signed a strategic cooperation agreement on November 14 to expand their partnership into comprehensive artificial intelligence appli…
SMR
Aecon and Norsk Kjernekraft Aim to Develop SMRs in Norway
Aecon, the lead contractor for Canada’s first small modular reactor project, has signed a strategic cooperation agreement with Norwegian private nuclear d…
Sweden
Stora Enso’s $5.7b Spin‑off Creates Europe’s Largest Forestry Fund
Stora Enso will spin off its Swedish forest assets into a new publicly listed company, with the demerger expected to be completed in the first half of 2027. The…
United Arab Emirates
$46.3 Billion UAE Infrastructure Investment
The UAE plans to invest $46.3 billion in transport infrastructure development through 2030, aiming to enhance traffic flow, reduce congestion, and support growi…
Green Hydrogen
Plug Power to Supply Equipment for Three Carlton Power Hydrogen Projects in the U.K.
Plug Power Inc. (Latham, N.Y.) has been selected to supply equipment and provide long-term service for three green hydrogen projects totaling 55 MW in the Unite…
Germany
BASF and ExxonMobil Collaborate on Methane Pyrolysis Technology
BASF (Ludwigshafen, Germany) and ExxonMobil (Houston, Texas) announced on Monday a strategic collaboration to advance methane pyrolysis technology, a step towar…
Photovoltaic (PV)
First Solar to Open Gaffney Production Facility in South Carolina, US
First Solar announced plans on Monday to build a new production facility in Gaffney, South Carolina, with an investment of around $330 million. The plant is sch…
Smart Grid
Shanghai Electric and Siemens to Drive Green Digital Power Grid Transformation
Shanghai Electric and Siemens signed a framework agreement on Monday at the 8th China International Import Expo to accelerate the green digital transformation o…
Gas power plant
TotalEnergies to Buy 50% of EPH’s Power Assets for $5.9bn
TotalEnergies announced a major step in its gas-to-power integration strategy with an agreement to acquire 50% of EPH’s flexible power generation platform…
France
EDF, OpCore to Develop 4-Billion-Euro Data Centre in France
French utility EDF and OpCore, a joint venture formed by telecoms group Iliad and InfraVia Capital Partners, announced on Monday that they have entered into exc…
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