Us

Metal

Syrah Resources to Restart Balama Graphite Operation in Mozambique

Syrah Resources has initiated the restart process of its Balama graphite operation in Mozambique. Maintenance and inspection teams have returned to the site, ma…

Kazakhstan

Funding Secured for Kazakh Sulphuric Acid Plant

Kazakhstan’s national atomic company, Kazatomprom, has secured a credit line to support the construction of a new sulphuric acid plant in Taikonur, locate…

Singapore

Singapore Finally Starts Work on $3.5bn Terminal 5

Singapore has commenced construction on Changi Airport’s Terminal 5 (T5) in the Changi East development, five years after the project was paused due to th…

Australia

USDA Forecasts Australian New-Crop Wheat at 31MT

Australia’s 2025-26 wheat planting season is underway, with the USDA estimating production at 31 million tonnes, according to its May 2025 World Agricultu…

China

Shanghai Spot Box Rates to US West Coast Leap 31% in Just One Week

Spot freight rates from China to the United States surged significantly, as reported by the Shanghai Shipping Exchange on May 16, 2025. Rates from China to the …

China

COSCO Inks VLGC Orders

COSCO Shipping Investment Dalian, a subsidiary of Chinese state-owned shipping company COSCO, has ordered two 88,000 cubic meter gas carriers from COSCO Heavy I…

Geothermal Power Project

Renascent Energy Completes Successful Geothermal Test on Depleted Shale Well in Texas

Renascent Energy, based in Houston, Texas, has successfully completed a groundbreaking geothermal test in a depleted shale well at the Eagle Ford shale formatio…

Nuclear Power Plant (NPP)

Westinghouse Grows Bulgarian Supply Chain

Westinghouse has signed memorandums of understanding with seven Bulgarian suppliers to support the construction of two AP1000 pressurized water reactor units at…

Metal

Medallion Secures $17M Commitments to Advance Ravensthorpe-Forrestania Project in Australia

Medallion Metals has secured binding commitments to raise approximately A$27.5 million ($17.6 million) through an institutional placement to advance its Ravenst…

Solar Battery (Storage)

Rising Demand for Home Solar Storage in Switzerland

In Switzerland, approximately half of all residential photovoltaic (PV) systems are now paired with battery energy storage systems (BESS), reflecting a growing …

Gas power plant

Vistra to Buy 2.6GW Generation Capacity From Lotus for $1.9bn

Vistra, an integrated retail electricity and power generation company, has agreed to acquire a portfolio of natural gas generation facilities from Lotus Infrast…

Wind Power Project

National Grid Records £303M Impairment on US Wind Project in FY24/25

UK utility company National Grid reported a £303 million ($403 million) impairment charge for the 2024/25 financial year due to halted development by its joint…

Photovoltaic （PV）

Google Signs Agreement With Energyre for 600MW of Solar Energy

Google has finalized a renewable energy agreement with energyRe, securing over 600 megawatts of solar and solar-plus-storage projects in South Carolina, USA. Th…

Crude Oil

Venezuela’s State Oil Firm Exporting Crude Grade Previously Shipped by Chevron, Data Shows

Venezuela’s state-owned oil company, PDVSA, has started exporting a heavy crude oil grade previously handled by Chevron since 2022, according to maritime …

Power Construction

US Issues Emergency Orders to Address Puerto Rico Grid Security Issues

On Friday, the U.S. Department of Energy (DOE) announced emergency measures to tackle significant grid reliability concerns and enhance the stability of Puerto …