Rte

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…

Dam

Norconsult Sweden Awarded Dam Safety Contract by Vattenfall

Norconsult Sweden has secured a contract from Vattenfall to perform seven dam safety assessments and fourteen detailed inspections across the utility's hydr…

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…

HVDC

Xizang’s First Ultra-High Voltage Power Link Begins Operations

A converter station situated at an elevation of 3,720 meters successfully completed a 168-hour trial operation on Thursday. This achievement marks the commencem…

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…

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…

Biofuel

US EPA Expects to Finalize Biofuel Rules in First Quarter of 2026

The U.S. Environmental Protection Agency (EPA) indicated on December 16, 2025, that it plans to complete the biofuel blending requirements for 2026 and 2027 in …