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Oil Shale
Japanese Company Buys U.S. Shale Assets for $1.3 Billion
Japan Petroleum Exploration Co. (JAPEX) has agreed to acquire U.S. shale oil and gas producer Verdad Resources Intermediate Holdings for $1.3 billion. The trans…
India
BASF-Nunhems to Acquire Noble Seeds
BASF-Nunhems, operating through its Indian subsidiary Nunhems India, signed an agreement on December 18, 2025, to acquire Noble Seeds, a prominent vegetable see…
Japan
SoftBank Delivers World-First SRv6 MUP Services on 5G Commercial Network
SoftBank announced in December 2025 that it has successfully launched limited commercial services using Segment Routing IPv6 Mobile User Plane (SRv6 MUP) techno…
United States
Boeing Seeks FAA Emissions Waiver to Sell 35 Additional 777F Freighters
Boeing (BA.N) submitted a request to the Federal Aviation Administration on December 19, 2025, seeking a waiver from upcoming airplane emissions standards. The …
Electricity Transmission
SSE’s Transmission Arm Secures $1.34 Billion UK-Backed Facility for Scotland Power Grid
SSEN Transmission, primarily owned by SSE Plc (SSE.L), has obtained a £1 billion($1.34 billion) 12-year bank facility to fund significant electricity grid…
South Korea
LG Chem Submits Petrochem Restructuring Plan to Government
South Korea's petrochemical sector is advancing its restructuring initiatives as several major companies submit plans to the government.On December 19, 2025…
Pumped Storage
Commonwealth Greenlights Exploratory Works for Borumba Pumped Storage Project
Queensland Hydro has obtained regulatory approval from the Commonwealth to conduct exploratory works for the proposed Borumba pumped storage hydro project. This…
SMR
Samsung Wins Approval for Floating SMR
Samsung Heavy Industries (SHI) has developed a conceptual design for a floating offshore nuclear power platform that can accommodate various small modular react…
Metal
First Quantum Introduces Automated Drilling Technology to Zambian Operation
First Quantum Minerals has deployed advanced automated drilling technology at its Sentinel mine in Kalumbila, Zambia, marking the first implementation of this s…
China
SIPG Picks New Chairman
Shanghai International Port Group (SIPG) has appointed Yu Fulin as its new chairman, the company announced on Thursday.Yu Fulin was elected chairman by the SIPG…
United States
China’s Bytedance Signs Deal to Form Joint Venture to Operate TikTok US App
ByteDance, the owner of TikTok, announced on Thursday that it has executed binding agreements with key investors to establish a joint venture for operating the …
United States
Moderna Secures up to $54.3 Million Funding for Bird Flu Vaccine From Global Coalition
Moderna has secured up to $54.3 million in funding from an international coalition to advance the late-stage development of its experimental bird flu vaccine, t…
Gabon
Gabon Plans New Housing Tax to Help Tackle Rising Debt
Gabon intends to launch a new housing tax starting in January to support the financing of national requirements amid ongoing debt growth. The nation is experien…
Nuclear Reactor
France’s EDF Raises Cost Estimate for Six Reactors to 72.8 Billion Euros
France's state-owned utility EDF has announced that it will limit the construction costs for six new nuclear reactors to 72.8 billion euros ($85.29 billion)…
Canada
Mantel Scales up Molten-Borate Carbon Capture With Commercial-Scale FEED Study
Mantel Capture, a specialist in energy-efficient carbon capture solutions, has launched a front-end engineering design (FEED) study for a commercial-scale carbo…
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