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Pumped Storage
Austria’s Verbund Suffers Months-Long Outage at Pumped-Storage Sites
Austrian power company Verbund (VERB.VI) announced on Thursday that its pumped storage hydroelectric plants at the Kaprun site, with a total capacity of 640 meg…
United Arab Emirates
Ta’Ziz Signs $2BN Deal to Build One of World’s Largest PVC Plants in UAE
Abu Dhabi-based Ta’ziz has awarded a $1.99 billion contract to China National Chemical Engineering and Construction Corporation Seven (CC7) to build the U…
Romania
Romania to Set Up Fund for Critical Flood Infrastructure
Romania will establish an infrastructure fund dedicated to flood prevention and response, aiming to meet European Union requirements for unlocking recovery fund…
Gas turbine engine
Fermi America Leases GE Turbines for Texas HyperGrid Project
Fermi America has signed a long-term capital lease agreement with Mobile Power Solutions (MPS) for seven GE TM2500 gas turbines, providing a total of 157.5MW of…
United States
Alaska Air Cuts Annual Profit Forecast on Higher Fuel Costs
Alaska Air Group (ALK.N) reduced its 2025 profit outlook on Thursday as higher fuel prices and operational challenges, including severe weather, affected its ma…
France
Hoffmann Green Delivers Seven 0% Clinker Concrete Wind Turbines Foundations
Hoffmann Green Cement Technologies has successfully completed the pouring of seven wind turbine foundations made entirely from clinker-free concrete, marking a …
Electrification
Equinor Drops Offshore Electrification Plans Over Rising Costs
Equinor announced on Friday that it has decided to cancel plans to reduce greenhouse gas emissions by linking several offshore oil and gas platforms to Norway&r…
Georgia
Georgia Is Increasing Its Purchases of Kazakh Wheat
Georgia has significantly increased wheat imports from Kazakhstan, purchasing almost 70,000 tons in the first seven months of 2025, a substantial rise from the …
Metal
Perpetua Resources in Talks With Mining Companies for Antimony Processing
Perpetua Resources has begun discussions with several companies, including Glencore, Trafigura, Clarios, Nyrstar, and Sunshine Silver, on potential partnerships…
Metal
Mali Approves Seven New Mining Deals Under Revised Code
The Republic of Mali has approved seven new mining agreements under its revised mining code, aiming to expand state participation and strengthen revenue from th…
Philippines
Philippines Is Close to Breaking Its Pork Import Record
The Philippine meat industry is gradually recovering as production and trade adapt to health and economic challenges. Pork production is projected to reach arou…
Oil Field
Exxon Greenlights $6.8 Billion Investment for Hammerhead Project in Guyana
Exxon Mobil announced on Monday the approval of funding for its seventh oil development project, named Hammerhead, in Guyana’s Stabroek Block. This milest…
United Kingdom
Go-Ahead for Four Towers at Elephant & Castle Site
Southwark councillors have approved plans to redevelop Skipton House at Elephant and Castle into one of South London’s largest mixed-use schemes. The proj…
Natural Gas
New Fortress Energy Gets New Deal to Supply Gas to Puerto Rico
New Fortress Energy Inc. (NFE) announced on Tuesday that it has reached an agreement with local authorities in Puerto Rico to continue supplying natural gas to …
Electric Vehicles
BYD Confirms Plans to Start Operations of Hungary Plant by 2025
On September 8, BYD and its premium sub-brand DENZA showcased their latest innovations at IAA MOBILITY 2025 in Munich. The company unveiled seven new models, in…
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