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Ut
Dam
Norconsult Sweden Awarded Dam Safety Contract by Vattenfall
Norconsult Sweden has secured a contract from Vattenfall to perform seven dam safety assessments and fourteen detailed inspections across the utility's hydr…
Japan
SoftBank Delivers World-First SRv6 MUP Services on 5G Commercial Network
SoftBank announced in December 2025 that it has successfully launched limited commercial services using Segment Routing IPv6 Mobile User Plane (SRv6 MUP) techno…
Metal
ABB Advances Electrification, Automation at Boliden’s Aitik Copper Facility
ABB has enhanced the electrification and automation systems at Boliden's Aitik copper mine, located south of Gällivare in northern Sweden. This upgrade…
South Korea
LG Chem Submits Petrochem Restructuring Plan to Government
South Korea's petrochemical sector is advancing its restructuring initiatives as several major companies submit plans to the government.On December 19, 2025…
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 …
Metal
First Quantum Introduces Automated Drilling Technology to Zambian Operation
First Quantum Minerals has deployed advanced automated drilling technology at its Sentinel mine in Kalumbila, Zambia, marking the first implementation of this s…
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 …
Nuclear Reactor
France’s EDF Raises Cost Estimate for Six Reactors to 72.8 Billion Euros
France's state-owned utility EDF has announced that it will limit the construction costs for six new nuclear reactors to 72.8 billion euros ($85.29 billion)…
SMR
Holtec Signs MoU for SMRs in Hungary
Holtec International, a U.S.-based company, has signed a memorandum of understanding with Hungary's MVM to assess the potential implementation of Holtec'…
China
China-Uzbek-Kyrgyz Railway Secures $4.7bn
A financing package totaling $4.7 billion has been secured for the China-Kyrgyzstan-Uzbekistan railway project, with significant contributions from Chinese inst…
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…
Brazil
BASF Expands Agricultural Credit and Biologicals to Reach 20% of Brazilian Revenue
BASF has formed a collaboration with Farmtech, a company focused on rural credit and financing for agricultural inputs, to offer credit options to producers dur…
Uzbekistan
World Bank Funds $250M for Uzbekistan Infrastructure
The World Bank has approved a $250 million financing initiative to enhance municipal infrastructure and essential services across Uzbekistan.This support addres…
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