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China

World’s Longest Expressway Tunnel to Open to Traffic in Xinjiang by Year-End

The Tianshan Shengli Tunnel, recognized as the world's longest expressway tunnel at 22.13 kilometers, is scheduled to open to traffic by the end of 2025. Th…

Oil Shale

Japanese Company Buys U.S. Shale Assets for $1.3 Billion

Japan Petroleum Exploration Co. (JAPEX) has agreed to acquire U.S. shale oil and gas producer Verdad Resources Intermediate Holdings for $1.3 billion. The trans…

Australia

Australia’s First Timber Fire Station Wins International Prize

The Queensland Fire and Emergency Services North Coast Region Headquarters and Maryborough Fire and Rescue Station in Australia has received the Public Infrastr…

Electricity Transmission

SSE’s Transmission Arm Secures $1.34 Billion UK-Backed Facility for Scotland Power Grid

SSEN Transmission, primarily owned by SSE Plc (SSE.L), has obtained a £1 billion($1.34 billion) 12-year bank facility to fund significant electricity grid…

South Korea

LG Chem Submits Petrochem Restructuring Plan to Government

South Korea's petrochemical sector is advancing its restructuring initiatives as several major companies submit plans to the government.On December 19, 2025…

United States

China’s Bytedance Signs Deal to Form Joint Venture to Operate TikTok US App

ByteDance, the owner of TikTok, announced on Thursday that it has executed binding agreements with key investors to establish a joint venture for operating the …

United States

Moderna Secures up to $54.3 Million Funding for Bird Flu Vaccine From Global Coalition

Moderna has secured up to $54.3 million in funding from an international coalition to advance the late-stage development of its experimental bird flu vaccine, t…

Andorra

Andorra Telecom’s 5G Upgrade Doubles Speed and Capacity for Users Nationwide

Andorra Telecom has completed the nationwide expansion of its 5G network using the 3.5GHz band, delivering increased capacity, higher speeds, and greater reliab…

Wind Turbine

Suzlon Secures 306MW Wind Turbine Orders in India

Suzlon Group has secured orders totaling 306 MW from Yanara, a renewable energy developer operating across the Asia-Pacific region, for two wind power projects …

Germany

BASF | Nunhems Launches Breakthrough in Carrot Innovation With Percyst Carrots

BASF's vegetable seeds business, marketed under the Nunhems® brand, has introduced the Percyst® brand of carrots. This new variety represents the re…

China

China-Uzbek-Kyrgyz Railway Secures $4.7bn

A financing package totaling $4.7 billion has been secured for the China-Kyrgyzstan-Uzbekistan railway project, with significant contributions from Chinese inst…

Germany

BASF to Divest Its Optical Brightening Agent Business to Catexel

BASF SE, headquartered in Ludwigshafen, Germany, has entered into an agreement with Catexel for the sale of its optical brightening agent business. These agents…

Electric Vehicles

XPENG Secures L3 Road Test License in Guangzhou, Accelerates Push Toward Higher Autonomy

On December 16, XPENG announced that it has received an L3 autonomous driving road test license in Guangzhou and initiated regular on-road testing of Level 3 ca…

Electricity Transmission

Hitachi Energy Secures SSEN Transmission Contract for HV DC Converter Stations

Hitachi Energy has obtained contracts from SSEN Transmission to provide high-voltage direct current (HVDC) converter stations for two significant subsea cable c…

Oil & Gas Trade

Carlyle Hires Goldman Sachs for Lukoil Asset Bid

U.S. private equity firm Carlyle has engaged Goldman Sachs to assist with its potential acquisition of international assets from Russian oil company Lukoil. Thi…