Ups

Socomec Launches MASTERYS GP4 UPS and ATyS a M Automatic Transfer Switches in India

Socomec, a global company specializing in energy performance and power management, recently launched the MASTERYS GP4 UPS and ATyS a M automatic transfer switch…

US Republicans Investigate Environmental Groups Opposing Alaska's Willow Oil Project

US House Republicans have recently launched an investigation into six environmental organizations, stemming from these groups' opposition to ConocoPhillips&…

Turkey Expands Natural Gas Trade Through Overseas Upstream Cooperation

Turkey has recently enhanced its momentum for expanding overseas upstream business by signing multiple cooperation agreements with international oil majors. Thi…

India

Nvidia Joins India Deep Tech Alliance as Group Adds New Members, $850 Million Pledge

Nvidia on Wednesday joined Indian and U.S. investors in backing India’s deep-tech startups as the India Deep Tech Alliance expanded its membership and sec…

Oil Field

Nigeria Approves Shell, Agip Buyout of TotalEnergies’ Stake in Bonga Oilfield

Nigeria’s oil regulator has approved a $510 million agreement by TotalEnergies to sell its 12.5% interest in Oil Mining Lease (OML) 118, which contains the off…

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…

Electric Vehicles

BYD Boasts Robust YoY Surge in Aug. 2025 Overseas Sales

BYD Company Limited announced on September 1, 2025, that it sold 2,863,876 vehicles from January to August 2025, a 23% increase compared to the same period last…

Electric Vehicles

Leapmotor Hits Delivery Milestone of 900,000 Vehicles

Leapmotor announced on August 21 that its cumulative deliveries have exceeded 900,000 units, underscoring its growth momentum in 2025. The company continues to …

United Arab Emirates

Dubai to Get “Ultra-Luxury” Resort on Artificial Island

Shamal Holding, a Dubai-based investment firm, has revealed plans for Naïa Island Dubai, an upscale residential development on an artificial island off the…

United States

Dow to Close Three European Chemical Plants, Cut 800 Jobs

On July 7, 2025, Dow, a Midland, Michigan-based chemicals company, announced the closure of three upstream facilities in Europe and the reduction of approximate…

Metal

Kootenay Silver Raises $14M to Advance Mexican Silver Project

Canadian exploration company Kootenay Silver has completed an upsized bought deal public offering, raising C$20 million (US$14.6 million) to advance its Columba…

Nuclear Power Plant (NPP)

New York to Develop Zero-Emission Advanced Nuclear Plant

New York Governor Kathy Hochul announced on Tuesday a directive for the New York Power Authority (NYPA) to plan a zero-emission advanced nuclear power plant in …

New Zealand

Cow Tech Startup Becomes New Zealand’s Latest Unicorn in $100 Million Fundraise

Agtech startup Halter has secured $100 million in Series D funding, raising its valuation to $1 billion. The company, based in Auckland, New Zealand, has now jo…

Electric Vehicles

XPENG Announces Foray Into Italian Market

On May 13, 2025, XPENG announced its entry into Italy, debuting at Milan Design Week 2025 as one of the first Chinese EV startups to participate. The company sh…

Crude Oil

Exxon Plans $1.5 Billion Investment in Nigerian Oilfield

ExxonMobil, a global energy company, plans to invest $1.5 billion in its deepwater operations in Nigeria, according to the Nigerian Upstream Petroleum Regulator…