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Oil&Gas Drilling
US Drillers Add Oil and Gas Rigs for Third Time in Four Weeks, Says Baker Hughes
U.S. energy firms increased oil and natural gas drilling activity this week, marking the third rise in four weeks, according to Baker Hughes’ weekly repor…
China
Clariant Forms Joint Venture With Fuhua Chemical to Develop Non-Halogenated Flame Retardants
Clariant, a sustainability-focused specialty chemical company based in Muttenz, Switzerland, announced a strategic joint venture with Shaanxi-based Fuhua Chemic…
SMR
EDF Aims to Produce 30 Small Modular Reactors by 2050, Design Planned for 2026
State-owned French energy group EDF plans to complete the conceptual design of its small modular reactor (SMR) next year, as it seeks to expand its presence in …
Oil Shale
Shale Producer EOG Tops Profit Estimates as Output Jumps
EOG Resources (EOG.N) reported higher-than-expected third-quarter earnings on Thursday, as rising output helped the U.S.-based oil and gas producer counter lowe…
Electrolyzer
Bosch Starts up 2.5 MW Hydrogen Electrolyzer in Germany
German technology company Bosch has commissioned its first self-operated hydrogen electrolyzer at its Bamberg site in southern Germany. The system features two …
Germany
BASF and D-Wave Quantum Complete Joint Proof-Of-Concept Project on Manufacturing Optimization
D-Wave Quantum Inc., based in Palo Alto, California, and BASF, headquartered in Ludwigshafen, Germany, have successfully concluded a joint proof-of-concept init…
Kazakhstan
Kazakhstan Completes Grain Harvest
Kazakhstan has completed its grain harvest, collecting a total of 27.1 million tons — a strong result exceeding last year’s figures. The average yield in…
Wind Turbine
Vestas Secures 200MW Turbine Orders in Germany and Italy
Vestas has finalized four wind turbine supply agreements amounting to 200MW in Germany and Italy, incorporated into its fourth-quarter order announcements.Vesta…
Electrification
Angola Advances Wider Electrification Project
H.E. João Baptista Borges, Angola’s Minister of Energy and Water, formally launched the Catabola Electrification Project. Constructed and completed…
Metal
TGS Secures Multi-Year Survey Agreement With Chevron
TGS, a seismic data company listed in Oslo, and Chevron, a major U.S. energy firm, have established a three-year capacity agreement for marine streamer and ocea…
United States
Bunge Profit Tops Estimates on Strong Processing Margins, Viterra Boost
Bunge Global reported stronger-than-expected third-quarter adjusted profit on Wednesday, supported by higher oilseed processing margins and the completion of it…
Electric Vehicles
EV Maker Lucid Cuts 2025 Production Forecast as Supply Challenges Hurt
Lucid Group lowered its 2025 vehicle production forecast to 18,000 units, interim CEO Marc Winterhoff said on Wednesday, as the U.S.-based electric vehicle manu…
India
Nvidia Joins India Deep Tech Alliance as Group Adds New Members, $850 Million Pledge
Nvidia on Wednesday joined Indian and U.S. investors in backing India’s deep-tech startups as the India Deep Tech Alliance expanded its membership and sec…
Battery
Shell, Sunotec Ink Spread Hedge for 600MWh BESS
Shell Energy Europe and Sunotec have signed a cross-border spread hedge agreement for a battery energy storage project exceeding 600 MWh under development in Ce…
United States
Amazon’s $38 Billion OpenAI Deal Shows It Is No Longer an AI Laggard
Amazon’s $38 billion cloud agreement with OpenAI marks a major milestone for the company’s cloud computing division, Amazon Web Services (AWS), following rece…
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