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Offshore Wind Power
Ocean Winds Secures Celtic Sea Floating Offshore Wind Site in UK
Ocean Winds, a joint venture equally owned by EDP Renewables and Engie, has been awarded development rights for a third floating offshore wind site in the Celti…
United States
US Existing Home Sales Increase in October
U.S. existing home sales rose in October as prospective buyers capitalized on declining mortgage rates, despite ongoing challenges from elevated housing costs a…
China
Foxconn, OpenAI Partner on AI Hardware Manufacturing
Foxconn has entered into a cooperation agreement with U.S.-based OpenAI to jointly design and develop data center racks, related components, and artificial inte…
Crude Oil
Venezuela Approves 15-Year Extension of Russia-Linked Oil Joint Ventures
Venezuela’s National Assembly approved a 15-year extension of the joint ventures between state-owned Petróleos de Venezuela S.A. (PDVSA) and a subs…
Solar Battery (Storage)
Germany’s Largest Solar Battery Storage Hybrid Plant Commissioned
Statkraft, Europe’s largest renewable energy producer, has commissioned Germany’s biggest solar-battery hybrid power plant under the Renewable Energ…
United States
World’s Longest Subsea Cable Completed: Meta’s 2Africa Set to Supercharge Connectivity Across Africa
The 2Africa subsea cable system, one of the largest international telecommunications projects ever deployed, has now completed its core network and is fully ope…
Ukraine
Ukraine Agrees to Establish First Agrohub in Africa
Ukraine’s Ministry of Economy, Environment, and Agriculture and Ghana’s Ministry of Food and Agriculture have signed a Memorandum of Understanding t…
Natural Gas
Egypt Selects Hartree Partners for $4 Billion Natural Gas Deal, Deputy Secretary of State Landau Says
Egypt has chosen U.S.-based energy company Hartree Partners to supply natural gas under a framework agreement valued at approximately $4 billion, U.S. Deputy Se…
Saudi Arabia
Saudi PIF, SITE, Microsoft Sign MoU to Explore Delivery of Sovereign-Cloud Services in Kingdom
The Public Investment Fund (PIF) of Saudi Arabia, Saudi Information Technology Company (SITE), and Microsoft (MSFT.O) signed a memorandum of understanding on We…
United States
Nutrien Selects US Site for Potash Terminal
Nutrien (NTR.TO), the world’s leading producer of potash fertilizer, announced on Wednesday that it is advancing plans to construct a new export terminal at Lo…
Metal
Trafigura’s Nyrstar Casts First Antimony at South Australia Plant
Nyrstar, the zinc and lead smelting subsidiary of Trafigura (NYR.BR), announced on Thursday that it has successfully commenced casting antimony metal at a new p…
Metal
Hindustan Zinc Secures Tungsten Mining Licence in Andhra Pradesh, India
Hindustan Zinc, part of the Vedanta Group, has been granted a tungsten mining license in the Indian state of Andhra Pradesh, marking a key step in its strategy …
United States
US Lifts Tariffs on Most Fertilizer Imports
On Tuesday, the White House announced that key nitrogen and phosphate fertilizers, along with other agricultural products, are exempt from U.S. import tariffs t…
Electric Vehicles
Tesla Gets Permit for Ride-Hailing Service in Arizona
Tesla has received a permit to operate a ride-hailing service in Arizona, the state Department of Transportation announced on Tuesday, marking a step forward in…
Energy Storage Project
CATL, HyperStrong Sign Decade-Long Strategic Pact to Deepen Collaboration in Energy Storage
Chinese energy-storage integrator HyperStrong announced on Nov. 17 that it has entered into a strategic cooperation agreement with CATL, establishing one of the…
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