Un

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…

Andorra

Andorra Telecom’s 5G Upgrade Doubles Speed and Capacity for Users Nationwide

Andorra Telecom has completed the nationwide expansion of its 5G network using the 3.5GHz band, delivering increased capacity, higher speeds, and greater reliab…

Kenya

Bamburi Cement Signs US$250M EPC Deal for Kwale Clinker Plant

Bamburi Cement has entered into a US$250 million engineering, procurement, and construction contract with China's CBMI Construction Co., Ltd for a new clink…

SMR

Holtec Signs MoU for SMRs in Hungary

Holtec International, a U.S.-based company, has signed a memorandum of understanding with Hungary's MVM to assess the potential implementation of Holtec'…

Germany

BASF | Nunhems Launches Breakthrough in Carrot Innovation With Percyst Carrots

BASF's vegetable seeds business, marketed under the Nunhems® brand, has introduced the Percyst® brand of carrots. This new variety represents the re…

Metal

Silver Price Surpasses $66 for First Time

Spot silver advanced significantly on Wednesday, reaching a new all-time high above $66 per ounce for the first time. The metal climbed as much as 4% to $66.50 …