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Oil Exploration

Iraq Signs Agreement With Chevron on Oil Exploration Projects, Prime Minister Says

On August 19, 2025, in Baghdad, Iraq, the Iraqi Oil Ministry finalized an agreement in principle with U.S.-based Chevron for the Nassiriya oil project, as annou…

China

China Buys First Australian Canola Cargo Since 2020, Traders Say

A Chinese state-owned trading company, COFCO, has acquired approximately 50,000 metric tons of new-crop Australian canola, according to two traders familiar wit…

Mexico

Transition Industries Signs HoA for Pacifico Mexinol Project in Mexico

ccTransition Industries has entered into a Heads of Agreement with Bonatti, an international contractor, to develop critical infrastructure for the Pacifico Mex…

Panama

Panama Canal Celebrates 111th Birthday With Sustainability Momentum

On August 15, 2025, the Panama Canal, a vital waterway connecting the Caribbean Sea and Pacific Ocean, commemorated 111 years of operation, reaffirming its dedi…

United States

Abbvie All Set to Expand API Production in the USA

Abbvie, a global pharmaceutical company, has announced a $195 million investment to enhance its manufacturing facility in North Chicago, Illinois. This expansio…

United States

Stargate Project: Foxconn, SoftBank to Manufacture Data Centre Equipment

Foxconn, a global technology manufacturer, has partnered with SoftBank to produce data centre equipment at its former electric vehicle factory in Lordstown, Ohi…

Electric Vehicles

NIO Inc. Charts New Course With Expansion Into Singapore, Uzbekistan, Costa Rica

On August 18, NIO Inc., a leading electric vehicle (EV) manufacturer, unveiled plans to enter Singapore, Uzbekistan, and Costa Rica between 2025 and 2026, advan…

LNG

Gas Demand at Two of the Top US LNG Plants Declines

On Monday, two major liquefied natural gas (LNG) export facilities in the United States experienced significant reductions in natural gas demand, indicating pot…

SAF

China’s CNAF to Invest in Private Chinese SAF Plant

On Monday, China National Aviation Fuel Company (CNAF), the country's leading aviation fuel distributor, announced it has entered into an agreement to acqui…

United States

USDOT Launches Reporting System for Airline Complaints

The U.S. Department of Transportation (USDOT) has launched a web-based Aviation Complaint, Enforcement, and Reporting System (ACERS) to streamline the submissio…

United Kingdom

Mace Appointed to Build 30-Storey Tower in City of London

Mace has been selected by Hertshten Properties as the construction partner for a 30-storey mixed-use tower at 85 Gracechurch Street in the City of London, with …

Nuclear Reactor

Taiwan Set to Hold Referendum on Restarting Last Nuclear Reactor

On August 23, 2025, Taiwan will hold a referendum to decide whether to restart the second reactor at the Maanshan nuclear power plant in southern Taiwan, provid…

Australia

JordProxa Building Co₂ Capture Plant at Eneabba Rare Earths Refinery in Western Australia

Iluka Resources, a leading mineral sands company, has awarded JordProxa Pty Ltd, based in Perth, Australia, a contract to supply a custom-engineered CO₂ captur…

Metal

China July Aluminium Imports Surge 38% From Prior Year

China’s imports of unwrought aluminium and related products increased by 38.2% year-on-year in July 2025, reaching 360,000 metric tons, according to data …

Crude Oil

China Still Storing Crude Oil Even as Refinery Runs Rise

In July 2025, China’s refineries increased processing rates but maintained a crude oil surplus of 530,000 barrels per day (bpd), driven by robust imports …