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Metal
BHP Abandons Anglo American Approach, Says Own Growth Plan Compelling
BHP Group announced on Monday that it has ended preliminary discussions with Anglo American regarding a possible business combination and is no longer pursuing …
United States
Nokia to Invest $4 Billion in U.S. R&D and Manufacturing for AI-Ready Networking
Nokia Corporation has announced a multi-year investment plan totaling $4 billion to enhance its research and development (R&D) and manufacturing operations in t…
Gas power plant
Wärtsilä to Power New US Data Centre With 507MW Gas Engine Plant
Wärtsilä, the Finland-based technology group, has been awarded a contract to supply 27 natural gas-fired engines for a 507 MW on-site power plant serv…
Electrolyzer
Germany’s Stablegrid Selects ITM Power for 710MW Energy Projects
ITM Power has been appointed as the technology partner and electrolyser supplier by Stablegrid Group for two major hydrogen-based grid-balancing projects in Ger…
United States
Nokia Plans $4 Billion AI Investment in the United States
Nokia, the Finland-based telecommunications equipment provider, announced on Friday a planned investment of $4 billion in the United States, focused on research…
Kazakhstan
Kazakhstan Poultry Industry Expansion Takes Off
Kazakhstan has significantly advanced its goal of achieving full self-sufficiency in poultry meat, with the domestic production rate for broiler meat reaching 8…
SAF
Phillips 66 to Supply SAF to DHL for Three Years
Phillips 66 has secured a three-year agreement to supply DHL Group with more than 240,000 metric tons of sustainable aviation fuel (SAF). The fuel will be produ…
Indonesia
POSCO International to Invest $862 Mln in Indonesian Palm Oil Business
POSCO International has completed a $862 million investment program to establish a fully integrated palm oil value chain in Indonesia, covering plantations, cru…
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…
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