Us

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…

Battery

HiTHIUM Sets Sights on World's First Eight-Hour Battery Storage Solution

HiTHIUM has introduced the ∞Power8, a 6.9MW/55.2MWh battery energy storage system described as the world's first solution specifically engineered for …

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…

Germany

ABB to Power Vulcan Energy's Renewable Lithium Project in Germany

ABB has been chosen by Vulcan Energy to supply the complete electrical infrastructure for the Phase One Lionheart Project located in the Upper Rhine Valley, Ger…

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 …

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…

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…

China

Venergy Steps Into Boxships With Feeder Newbuild Deal in China

Venergy Maritime, a Piraeus-based shipping company led by Vyron Vasileiadis, has placed an order for up to four 1,900 TEU feeder containerships at CSSC's Hu…

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…

Germany

BASF to Divest Its Optical Brightening Agent Business to Catexel

BASF SE, headquartered in Ludwigshafen, Germany, has entered into an agreement with Catexel for the sale of its optical brightening agent business. These agents…

Electric Vehicles

XPENG Secures L3 Road Test License in Guangzhou, Accelerates Push Toward Higher Autonomy

On December 16, XPENG announced that it has received an L3 autonomous driving road test license in Guangzhou and initiated regular on-road testing of Level 3 ca…

Oil & Gas Trade

Carlyle Hires Goldman Sachs for Lukoil Asset Bid

U.S. private equity firm Carlyle has engaged Goldman Sachs to assist with its potential acquisition of international assets from Russian oil company Lukoil. Thi…

United States

American Airlines Ramps up Premium Upgrades to Regain Ground on Delta, United

American Airlines is placing a strong emphasis on premium offerings to strengthen its position in the industry. The carrier is introducing enhancements such as …