Port

Singapore

Singapore Finally Starts Work on $3.5bn Terminal 5

Singapore has commenced construction on Changi Airport’s Terminal 5 (T5) in the Changi East development, five years after the project was paused due to th…

Australia

USDA Forecasts Australian New-Crop Wheat at 31MT

Australia’s 2025-26 wheat planting season is underway, with the USDA estimating production at 31 million tonnes, according to its May 2025 World Agricultu…

Greece

ICETE Expands in Greece With New Satellite Production & New Office

ICEYE, a global leader in synthetic aperture radar (SAR) satellite technology, has opened a new office in Athens, Greece, to strengthen its presence in the regi…

China

Shanghai Spot Box Rates to US West Coast Leap 31% in Just One Week

Spot freight rates from China to the United States surged significantly, as reported by the Shanghai Shipping Exchange on May 16, 2025. Rates from China to the …

China

COSCO Inks VLGC Orders

COSCO Shipping Investment Dalian, a subsidiary of Chinese state-owned shipping company COSCO, has ordered two 88,000 cubic meter gas carriers from COSCO Heavy I…

Geothermal Power Project

Geothermal Could Be a Strategic Energy Source for Lithuania, Says KTU Scientist

Lithuania holds significant potential for geothermal energy, particularly for heating in its western region, though development requires substantial investment …

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…