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Airbus Cuts Production Rate Target for Its A220 Jet
Europe’s Airbus (AIR.PA) announced on Wednesday that it has lowered its production target for the A220 jetliner, offsetting the positive impact of stronge…
Crude Oil
Exxon Mobil Names Gregory Garland to Board of Directors
Exxon Mobil Corp. (XOM.N) announced on Wednesday that it has appointed Gregory Garland, a long-time industry executive, to its board of directors, effective Nov…
United States
Cargill to Lay Off 80 Workers in Minnesota, More Globally
U.S. agribusiness company Cargill Inc (CARG.UL) announced on Wednesday that it will permanently lay off 80 employees in Minnesota and an unspecified number of w…
Battery
Schneider Electric Unveils 200 Kwh C&I Battery Storage System
Schneider Electric, headquartered in France, has introduced its new battery energy storage system (BESS) for commercial and industrial (C&I) applications, named…
CCS
CCUS Takes Center Stage in Norway’s New National Innovation Hub
Norway has launched a new cluster, dubbed CCUS Innovation, under the Norwegian Innovation Clusters (NIC) program, a government-backed initiative managed jointly…
United States
US Expands Quota for Argentine Beef to 80,000 Tons per Year
Argentina and the United States have reached a new bilateral agreement allowing Argentina to export up to 80,000 tons of beef annually, up from the previous quo…
United States
Baker Hughes to Supply Key Technology for World’s Largest Low-Carbon Ammonia Plant
Baker Hughes, Inc. (Houston) announced on Wednesday that it has received an order from Technip Energies (Paris) to supply a steam turbine generator and key cent…
Nuclear Power Plant (NPP)
US Strikes $80 Billion Deal for New Nuclear Power Plants
The U.S. government has signed a partnership with the Canadian owners of Westinghouse Electric to advance one of its largest nuclear energy initiatives in decad…
United States
Aclara Resources Unveils Plans for First Heavy-Rare Earths Separation Plant in the U.S.
Aclara Resources Inc., based in Vancouver, Canada, announced plans to build the first heavy rare earths (HREE) separation facility in the United States, located…
Metal
Rio Tinto Launches Corruption Inquiry at Oyu Tolgoi
Oyu Tolgoi LLC, a subsidiary of Rio Tinto Group, announced that it is conducting an internal investigation into allegations of corruption and unethical behavior…
France
Airbus Delays Some A220 Output, Narrowing Window to Reach 2026 Target
Airbus (AIR.PA) has postponed the assembly of some A220 jets this year and next, and may only achieve its 2026 production target of 14 A220s per month in the fi…
Offshore Wind Power
Britain Announces $1.45 Billion Budget for Offshore Wind Auction
The United Kingdom has allocated a reduced budget for offshore wind projects in its upcoming auction, according to government documents released on Monday. This…
Oil Refinery
Mexico’s Pemex Pumps Less, Refines More in Third Quarter
Mexican state energy company Pemex reported reduced crude oil extraction but increased refining activity in the third quarter, according to its Monday announcem…
Bangladesh
First Shipment of Wheat Under US Trade Deal Arrives in Bangladesh
A vessel carrying nearly 57,000 tonnes of wheat from the United States has arrived at Chittagong Port, marking the beginning of wheat imports under a government…
China
Yokogawa and Sinopec Engineering Collaborate for Global EPC Projects
Yokogawa Electric Corp. announced that its subsidiary, Yokogawa China, has signed a memorandum of cooperation (MoC) with Sinopec Engineering Group Co. Ltd (SEG)…
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