Port

Nuclear Reactor

Second Fund Launched to Boost French Nuclear Supply Chain

France’s EDF and private equity firm Siparex have launched a second round of funding, named Fonds France Nucléaire 2 (FFN2), to support strategic c…

Nuclear Power Plant (NPP)

Westinghouse Grows Bulgarian Supply Chain

Westinghouse has signed memorandums of understanding with seven Bulgarian suppliers to support the construction of two AP1000 pressurized water reactor units at…

Solar project

UK Investors Back 50 MW of Solar in Nigeria With $3.6 Million

UK energy developer Konexa, alongside investment manager Climate Fund Managers (CFM) and Norwegian development finance institution Norfund, has signed a develop…

CCS

10 Companies Shortlisted to Vie for Denmark’s C02 Storage Funding

The Danish Energy Agency has selected ten companies to compete for funding under its carbon capture and storage (CCS) initiative, aimed at supporting Denmark&rs…

Metal

Starr Peak Mining Acquires Copper Clive Project in Québec, Canada

Starr Peak Mining, a Canadian mineral exploration company, has acquired the Copper Clive Project in the Abitibi Greenstone Belt of Québec, Canada. This a…

Gas power plant

Vistra to Buy 2.6GW Generation Capacity From Lotus for $1.9bn

Vistra, an integrated retail electricity and power generation company, has agreed to acquire a portfolio of natural gas generation facilities from Lotus Infrast…

Wind Power Project

National Grid Records £303M Impairment on US Wind Project in FY24/25

UK utility company National Grid reported a £303 million ($403 million) impairment charge for the 2024/25 financial year due to halted development by its joint…

Crude Oil

Venezuela’s State Oil Firm Exporting Crude Grade Previously Shipped by Chevron, Data Shows

Venezuela’s state-owned oil company, PDVSA, has started exporting a heavy crude oil grade previously handled by Chevron since 2022, according to maritime …

China

World’s Largest Car Carrier Built by China Sets Sail

Anji Ansheng, China's domestically built ocean-going car carrier and the largest in the world by capacity, embarked on its maiden voyage to Europe on Thursd…

Russian

Grain Transshipment at Russian Ports Fell by More Than 50% in 2025

In the first four months of 2025, cargo turnover at Russian seaports declined by 5.4% compared to the same period in 2024, reaching a total of 280.7 million ton…

China

China’s Soybean Imports Set to Hit Record High in Coming Months

China’s soybean imports have recently dropped to a 12-year low, with trade estimates indicating that overall consumption could remain sluggish through mid…

Electric Vehicles

Geely Automobile Sees Q1 2025 Revenue Jump 25% YoY

Geely Automobile Holdings Limited announced its first-quarter financial results for 2025 on May 15, reporting a revenue of 72.5 billion yuan, a 25% increase fro…

Metal

China Lifts Dual-Use Rare Earth Export Ban on 28 US Companies

China has temporarily lifted export restrictions on rare earth elements and other dual-use items to 28 U.S. companies. This decision, announced by China’s…

Hydrogen Production

ABP, HiiROC and Px Group to Develop New Hydrogen Production Plant in UK

Associated British Ports (ABP), HiiROC, and px Group have partnered to establish a hydrogen production facility at the Saltend Chemicals Park (SCP), managed by …

United States

Record US, Global Corn Output Projected in 2025

The U.S. Department of Agriculture (USDA) released its World Agricultural Supply and Demand Estimates (WASDE) report on May 12, 2025, projecting record-high U.S…