Sta

Electric Vehicles

Geely Automobile to Acquire Full Ownership of Zeekr in Push to Consolidate NEV Business

On May 7, Geely Automobile Holdings Limited announced its plan to acquire all outstanding shares of Zeekr Intelligent Technology Holding Limited, in which it cu…

Metal

Fortuna Mining Explores Investments in Guinea for Gold Mining Opportunities

Fortuna Mining, a Canadian precious metals company, is pursuing new gold exploration opportunities in Guinea after exiting Burkina Faso due to regulatory challe…

China

Southern China Debuts Inaugural Homegrown All-Electric Tug

The Port of Guangzhou in southern China has introduced its first fully electric harbour tugboat, Siugang Diantuo 01, designed by the 605 Institute of China Stat…

Nuclear Power Plant (NPP)

Supplier Contracts Signed Relating to KHNP Czech Project

South Korean and Czech companies have signed nine contracts and three memorandums of understanding to support the proposed expansion of nuclear capacity at the …

Offshore Substation

Enersense Wins Finnish Substation Contract

Enersense, a Finnish energy infrastructure company, has been appointed as the main contractor for Fingrid’s Herva 400/110kV substation project in the muni…

Nuclear Power Plant (NPP)

Google to Fund Development of Three Nuclear Power Sites

Tech company Google has partnered with Elementl Power, providing early-stage funding to prepare three U.S. sites for advanced nuclear power projects, each targe…

Solar project

EDPRMA Opens 200MW Solar Energy Park in California

EDP Renewables North America (EDPRNA) has launched the 200MW Scarlet II solar energy park in Fresno County, California, marking a significant expansion of its r…

Natural Gas

Occidental Reports Quarterly Profit Beat on Strong Output, Natural Gas Prices

Occidental Petroleum announced on Wednesday that its first-quarter profit for 2025 exceeded Wall Street expectations, driven by robust production and favorable …

Coal Trade

US to Seek UN Sanctions on Ships Taking North Korean Coal to China

On Wednesday, the United States announced plans to propose U.N. sanctions against vessels identified as breaching United Nations resolutions aimed at addressing…

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…