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Spain

Topsoe SOEC Technology Selected for Forestal’s E-Methanol Plant

Topsoe, a provider of advanced technology for the energy transition, has signed an offtake agreement to supply its solid oxide electrolyser cell (SOEC) technolo…

Metal

Copper Fox Metals Initiates Drilling Programme at Mineral Mountain Project in Arizona

Copper Fox Metals and its subsidiary Desert Fox Mineral Mountain have commenced a diamond drilling programme at the Mineral Mountain porphyry copper project in …

Malaysia

Lynas to Build New HRE Separation Facility in Malaysia

Lynas Rare Earths is set to establish a new heavy rare earth (HRE) separation facility in Malaysia to meet rising global demand for a reliable supply of HRE oxi…

Combined cycle power plant

Fujairah F3 CCGT Project in UAE Begins Operations

Fujairah Power Company F3, jointly owned by Marubeni Corporation, Hokuriku Electric Power Company, Abu Dhabi National Energy Company (TAQA), and Mubadala Invest…

Crude Oil

Exxon Mobil Names Gregory Garland to Board of Directors

Exxon Mobil Corp. (XOM.N) announced on Wednesday that it has appointed Gregory Garland, a long-time industry executive, to its board of directors, effective Nov…

United States

OpenAI Lays Groundwork for Juggernaut IPO at up to $1 Trillion Valuation

OpenAI is preparing for a potential initial public offering (IPO) that could value the company at up to $1 trillion, according to three people familiar with the…

United States

Cargill to Lay Off 80 Workers in Minnesota, More Globally

U.S. agribusiness company Cargill Inc (CARG.UL) announced on Wednesday that it will permanently lay off 80 employees in Minnesota and an unspecified number of w…

CCS

CCUS Takes Center Stage in Norway’s New National Innovation Hub

Norway has launched a new cluster, dubbed CCUS Innovation, under the Norwegian Innovation Clusters (NIC) program, a government-backed initiative managed jointly…

United States

US Expands Quota for Argentine Beef to 80,000 Tons per Year

Argentina and the United States have reached a new bilateral agreement allowing Argentina to export up to 80,000 tons of beef annually, up from the previous quo…

United States

Baker Hughes to Supply Key Technology for World’s Largest Low-Carbon Ammonia Plant

Baker Hughes, Inc. (Houston) announced on Wednesday that it has received an order from Technip Energies (Paris) to supply a steam turbine generator and key cent…

Electric Vehicles

Lucid to Launch Self-Driving Mid-Size EV With Nvidia Chips

Lucid Group announced on Tuesday that it plans to launch a mid-size Level 4 self-driving electric vehicle equipped with Nvidia’s computer systems, represe…

United States

Nvidia’s Stock Market Value Nears Record $5 Trillion

Nvidia was close to reaching a $5 trillion market valuation on Tuesday after announcing strong new orders and major government projects. The company said it had…

Natural Gas

Iraq Signs Agreement for Floating Natural Gas Platform With Excelerate Energy

Iraq has signed a $450 million investment agreement with U.S.-based Excelerate Energy to establish the country’s first floating storage regasification uni…

Nuclear Power Plant (NPP)

US Strikes $80 Billion Deal for New Nuclear Power Plants

The U.S. government has signed a partnership with the Canadian owners of Westinghouse Electric to advance one of its largest nuclear energy initiatives in decad…

United States

New York Bridge Project Is $93M Under Budget and 51 Months Early

New York’s Metropolitan Transportation Authority (MTA) announced that the first phase of the Park Avenue Viaduct Replacement Project is $93 million under …