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United States
Ciena to Acquire Nubis Communications in $270M Deal to Boost Data Centre Play
Ciena, a global leader in networking solutions, has agreed to acquire Nubis Communications, a New Jersey-based company, for $270 million in cash. The acquisitio…
United States
Seatrium Sells AmFELS Yard in Texas
Seatrium, a global provider of engineering solutions, has agreed to sell its AmFELS shipyard in Brownsville, Texas, to Karpower Valley for $50 million. The tran…
Metal
US Defence Agency Reportedly Seeks to Buy Scandium Oxide From Rio Tinto
The U.S. Defense Logistics Agency (DLA) has announced plans to purchase up to $40 million worth of scandium oxide from Rio Tinto over the next five years to str…
Electric Vehicles
Ford China Establishes Wholly-Owned Sales & Service Subsidiary
On September 23, Ford China announced the creation of Ford Sales and Service (Shanghai) Co., Ltd., a wholly-owned subsidiary tasked with overseeing marketing, s…
United Arab Emirates
AD Ports Launches Luanda Port Terminal Project, Focused on Modernization and Sustainability
AD Ports Group, based in the UAE, has partnered with Unicargas and Multiparques to commence a significant modernization and expansion project at the Noatum Port…
Solar Module
Puerto Rico to Open First Solar Module Factory
Solx, a U.S.-based solar company founded in 2024, is preparing to open Puerto Rico’s first solar module manufacturing facility in Aguadilla, utilizing a f…
Nuclear Fusion
Eni and CFS Expand Fusion Partnership With Major Power Deal
Global energy technology company Eni and Commonwealth Fusion Systems (CFS) have entered into a power purchase agreement (PPA) valued at over $1 billion, further…
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
STAX Engineering Ramps up UK Port Operations With $50M Investment
STAX Engineering, a California-based marine technology company specializing in emissions capture, is expanding its operations in the United Kingdom with an inve…
United States
US Company Buys Hexagon’s Design and Engineering Arm for €2.7bn
American software company Cadence has announced the €2.7 billion acquisition of the design and engineering branch of Sweden’s Hexagon. The deal inclu…
Kazakhstan
Kazakhstan Continues to Increase Production of Vegetable Oils
Kazakhstan’s agrarian-industrial complex continues to show steady growth, with production increasing significantly in early 2025. According to the Bureau …
United Kingdom
Lummus and Synthomer Announce Partnership on Acrylic Acid Esters Technology
Lummus Technology, based in Houston, Texas, and Synthomer, headquartered in London, U.K., have announced a strategic partnership to license Synthomer’s pr…
Metal
Perpetua Secures Conditional Clearance From USFS for Stibnite Gold Project
Perpetua Resources has received conditional approval from the U.S. Forest Service (USFS) to begin development of the Stibnite Gold Project in Idaho. The conditi…
Nuclear Reactor
Oklo Breaks Ground for First Aurora Powerhouse
Wedoany.com Report-Sept. 23, Oklo Inc has held a groundbreaking ceremony at Idaho National Laboratory (INL) for the Aurora-INL sodium-cooled fast reactor. The A…
Hydropower Plant
JSW Energy Unit to Acquire 150 MW Tidong Hydro Power Plant
JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has entered into a definitive agreement to acquire 100% of the shares in Tidong Power G…
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