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Japan’s first floating offshore wind farm powers up
Japan’s first commercial offshore wind farm, Goto, has commenced operations.The Goto Floating Wind Farm consortium (SPC) said the wind farm, which started…
BP and Corteva Jointly Establish Biofuel Feedstock Enterprise
BP recently announced the establishment of a biofuel feedstock joint venture named "Etlas™" with the publicly traded agricultural company Corteva, with ea…
1,200 MW Kalai-II Hydropower Project In Arunachal Pradesh Gets Central Environment Panel's Nod: Report
The 1,200 MW Kalai-II hydroelectric project on the Lohit River in Anjaw district of Arunachal Pradesh has received the environmental clearance from a Union Envi…
Türkiye to launch offshore oil and gas exploration off Somalia
Developments in Venezuela, where the United States is reportedly conducting a special operation targeting President Nicolas Maduro, could push global oil prices…
Oil&Gas Drilling
UAE Shipyard Welcomes Saudi Arabian Drilling Rig for Maintenance Operations
Abu Dhabi-headquartered Marine Oilfield Integrated Solutions has confirmed that a jack-up drilling rig owned by Saudi Arabia's Arabian Drilling has arrived …
Ukraine
Grain Exports From Ukraine Exceeded 14.5 Mln Tons
As of December 24, 2025, in the 2025/26 marketing year, Ukraine has exported 14 million 502 thousand tons of grain and leguminous crops. According to data publi…
China
Yang Ming’s Dry Bulk Arm Lines up Ultramax Quartet at Japanese Yards
Kuang Ming Shipping, the dry bulk subsidiary of Taiwanese liner group Yang Ming Marine Transport, has placed orders for four ultramax bulk carriers at Japanese …
China
China’s 2026 First Batch Fuel Export Quotas Steady Year on Year
China has released the first batch of export quotas for refined fuels in 2026, allocating 19 million metric tons for gasoline, diesel, and jet fuel. Three trade…
Metal
Silver Rises 9% to Hit Fresh Record High
Precious metals continued their strong upward movement on Friday, with silver leading the gains by climbing 9% to reach a new record high.This increase was supp…
United States
Honeywell Updates Financials, Announces Advanced Materials as Discontinued Operations
Honeywell has released supplemental financial information for 2024 and year-to-date 2025 to reflect its updated business segment structure, which is expected to…
Electric Vehicles
CIE Automotive Acquires the Aludec Group
CIE Automotive, headquartered in Spain, has announced the acquisition of 100% of the share capital of Aludec, S.A. The enterprise value of the transaction stand…
Spain
Valenciaport Records 10 Per Cent Cargo Increase in November
The Port Authority of Valencia (APV), operating as Valenciaport, has reported a total cargo throughput of 73.8 million tonnes across its facilities in Valencia,…
Wind Turbine
Vestas Secures Seven Wind Turbine Orders for 273MW Capacity in Germany
Vestas has secured seven new wind turbine orders totaling 273 megawatts for projects located in various regions of Germany. The company booked these orders duri…
Austria
Borealis Partners With Bluealp to Advance Chemical Recycling
Borealis Group, based in Vienna, Austria, has entered into a strategic partnership with BlueAlp, a chemical recycling technology provider headquartered in Eindh…
Metal
China Approves General Export Licenses for Rare Earth-Related Items: Commerce Ministry
China's Ministry of Commerce announced on December 18, 2025, that it has received and approved applications from certain domestic exporters for general expo…
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