Port

Metal

Lynas Rare Earths’ Q3 Revenue Misses Estimates as Pricing, Volatility Weighs

Lynas Rare Earths, the largest producer of rare earths outside China, reported its third-quarter gross sales revenue on Monday, reaching A$123 million ($78.62 m…

Metal

Tesla Humanoid Robot Project Hampered by China’s Rare Earth Export Curbs

During a recent earnings call, Tesla CEO Elon Musk announced that production of the company’s Optimus humanoid robot faces delays due to China’s exp…

China

JD Logistics, Faurecia Enter Into Strategic Partnership to Drive Green, Digital Innovation of Auto Supply Chain

On April 25, during the "FORVIA Group 2025 Sustainability Day" event, JD Logistics and Faurecia (China) Holding Co., Ltd., a subsidiary of FORVIA Group, signed …

SMR

GBN Issues Tender for SMR Engineers

Great British Nuclear (GBN), the UK agency overseeing new nuclear projects, will launch a tender on June 2 to appoint up to two owner’s engineers (OEs) fo…

Norway

Marrying Sails and Biofuel, Odfjell Tanker Demonstrates ‘First’ Near Carbon-Neutral Transatlantic Voyage

Norwegian shipping company Odfjell reported that its chemical tanker, Bow Olympus, is crossing the Atlantic using a combination of wind-assisted propulsion and …

Crude Oil

USA Crude Oil Inventories Rise Week on Week

The U.S. Energy Information Administration (EIA) reported on April 23 that U.S. commercial crude oil inventories, excluding the Strategic Petroleum Reserve (SPR…

Oil and Gas Equipment

CHC, Court Helicopters Partner to Enhance Offshore Safety, Transportation in Namibia

CHC Helicopter (CHC) has signed a Memorandum of Understanding (MoU) with Namibian aviation operator Court Helicopters to explore a strategic partnership focused…

Gas power plant

ENEX Confirms Plans to Develop 1,100-MW Gas Plant in Philippines’ Batangas Province

ENEX Energy Corporation has reaffirmed its commitment to constructing a 1,100-megawatt gas plant in Batangas, Philippines. The announcement addresses inquiries …

United States

Balfour Beatty Secures $889M Reconstruction Contract for I-30 in Texas

Balfour Beatty, an infrastructure group, has secured an $889 million contract from the Texas Department of Transportation to rebuild a 3.7km section of Intersta…

China

China Cuts Wheat Imports: Global Markets Brace for Major Shakeup

The global wheat trade is projected to decrease significantly in the 2024-25 season, with the US Department of Agriculture (USDA) forecasting a 9% reduction com…

United States

Cruise Ship Boom Fuels New Records for Port Canaveral

Port Canaveral in Central Florida has achieved record-breaking passenger volumes in its current fiscal year, driven by the thriving cruise ship industry. March …

Electric Vehicles

China Aims for EVs to Dominate New Vehicle Sales by 2035

China has outlined plans to enhance the integration of transport infrastructure with renewable energy systems, targeting pure electric vehicles (EVs) to become …

Hydrogen Production

Alberta Invests $3M in Hydrogen Project Turning Forestry Waste Into Clean Industrial Fuel

Alberta is advancing its leadership in low-carbon energy through a $3 million investment from Emissions Reduction Alberta (ERA) to support Hydrogen Naturally&rs…

Liquid Hydrogen

Linde Develops Europe’s Largest Liquid Hydrogen Trailer to Tackle Supply Constraints

Linde has unveiled Europe’s largest trailer designed for transporting liquid hydrogen (LH₂), addressing rising demand and limited liquefaction capacity. …

United States

Intel’s Modest Q1 Masks Deeper Struggles With $821M Loss

Intel reported a mixed performance for the first quarter of 2025, achieving a slight profit on an adjusted basis but recording a net loss of $821 million, highl…