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Oil Price

Colombia’s Ecopetrol Plans Cost Cuts as Lower Oil Prices Bite

On Wednesday, Ecopetrol, Colombia’s state-owned oil company, announced plans to reduce costs and expenses by approximately 1 trillion pesos ($232 million)…

Electric Vehicle Charging

US States Sue Over Trump Freeze on Funds for Electric-Vehicle Charging Stations

On Wednesday, California, along with 15 other states and the District of Columbia, filed a lawsuit against the federal government in U.S. District Court in Wash…

Renewable Diesel

Marathon Reports Improved Q1 Earnings for Renewable Diesel

Marathon Petroleum Corp. announced on May 6, 2025, that its renewable diesel segment achieved improved first-quarter EBITDA, driven by higher facility utilizati…

United States

Celanese to Divest Micromax Ink and Paste Business

Celanese Corp., based in Dallas, Texas, has revealed plans to divest its Micromax portfolio of products, a move aimed at enhancing cash generation and reducing …

Virtual power plants

New Battery-Enabled Virtual Power Plant Taking Shape in Texas

This week, sonnen, a provider of battery and virtual power plant (VPP) technology, shared updates on its residential VPP program in Texas. Partnering with Abund…

Kazakhstan

Chinese Company’s Expansion, Upgrade Project of Kazakhstan Asphalt Plant Enters Production

On Monday, a ceremony marked the completion of the expansion and upgrade of the Caspian Asphalt Plant in Aktau, western Kazakhstan. The project, executed by Chi…

United States

Jacobs-McCourt Books $99M Boston-Area Road Project

Preliminary utility work has begun in Natick, Massachusetts, to prepare for a major infrastructure project to construct the state’s first diverging diamon…

United States

Bayer to Exit US Seed Treatment Equipment Business, Email Says

Bayer, a German company specializing in pharmaceuticals and agricultural pesticides, has announced its decision to exit the seed treatment equipment business in…

India

Hindustan-Tata JV Lands 8KM Section of New Indore Metro

A joint venture between Hindustan Construction Company (HCC) and Tata Projects has secured a $259 million (21.9 billion rupees) contract to construct a section …

Pumped Storage

Avaada Group to Develop 3,650 MW Pumped Storage Projects in Maharashtra

Avaada Group, a renewable energy company, has entered into a memorandum of understanding with the Water Resources Department of the Government of Maharashtra to…

Metal

Chilwa Minerals Begins Negotiations With Malawi for Critical Minerals Project

Chilwa Minerals, an Australian exploration company, has initiated discussions with the Malawian Government to establish a Mining Development Agreement (MDA) for…

United States

Soybean Planting in the US Is Proceeding at a Record Pace

As of May 4, 2025, American farmers had planted 30% of the planned soybean area, marking the highest progress for this date on record, according to the National…

United States

ValorC3 Announces New 10MW AI-Ready Data Centre in Boise

ValorC3 Data Centers will soon begin construction on a new data center in Boise, Idaho, marking its second facility in the city. The project, set to be operatio…

Green Hydrogen

Croatia’s Pag Island to Produce Green Hydrogen Using Wave Energy

Novalja, a small town on the island of Pag, Croatia, is on track to become one of the first locations in the country to produce green hydrogen. The local author…

SMR

Pilot Non-nuclear SMR Plant to Be Built in Finnish Coal-Fired Plant

Steady Energy, a Finnish small modular reactor (SMR) developer, has announced plans to build a non-nuclear pilot facility at the decommissioned Salmisaari B coa…