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Philippines

DP World and Asian Terminals’ $100M Investment Expands Manila South Harbor’s Capacity

DP World, a UAE-based logistics group, and Asian Terminals, a Philippine port operator, have invested approximately $100 million to expand the Manila South Harb…

Carbon Capture

Wärtsilä’s Carbon Capture Technology Ready to Hit the Market

Finnish technology group Wärtsilä has developed a carbon capture solution (CCS) that is nearly ready for commercial use, following extensive developme…

Metal

Astral Resources Updates Mre for Spargoville Gold Project in Western Australia

Astral Resources has released an updated mineral resource estimate (MRE) for its Spargoville Gold Project, located 70km south of Kalgoorlie in Western Australia…

China

Southern China Debuts Inaugural Homegrown All-Electric Tug

The Port of Guangzhou in southern China has introduced its first fully electric harbour tugboat, Siugang Diantuo 01, designed by the 605 Institute of China Stat…

Nuclear Power Plant (NPP)

Supplier Contracts Signed Relating to KHNP Czech Project

South Korean and Czech companies have signed nine contracts and three memorandums of understanding to support the proposed expansion of nuclear capacity at the …

Natural Gas

Occidental Reports Quarterly Profit Beat on Strong Output, Natural Gas Prices

Occidental Petroleum announced on Wednesday that its first-quarter profit for 2025 exceeded Wall Street expectations, driven by robust production and favorable …

Coal Trade

US to Seek UN Sanctions on Ships Taking North Korean Coal to China

On Wednesday, the United States announced plans to propose U.N. sanctions against vessels identified as breaching United Nations resolutions aimed at addressing…

Oil Price

Colombia’s Ecopetrol Plans Cost Cuts as Lower Oil Prices Bite

On Wednesday, Ecopetrol, Colombia’s state-owned oil company, announced plans to reduce costs and expenses by approximately 1 trillion pesos ($232 million)…

Metal

China’s BYD, Tsingshan Scrap Plans for Chile Lithium Plants

On Wednesday, Chile’s economic development agency, Corfo, announced that Chinese automaker BYD and metals group Tsingshan have withdrawn from multimillion-doll…

Power Construction

Adani Power Secures 1.5GW Electricity Supply Contract in India

Adani Power, a renewable energy company, has secured a 25-year contract to supply 1,500MW of electricity to Uttar Pradesh, India. The agreement, finalized throu…

United Kingdom

Vodafone Offers Free 7-Day ESIM Trial

Vodafone has launched a free seven-day network trial for non-Vodafone mobile customers in London, allowing them to test the company’s network without chan…

Renewable Diesel

Marathon Reports Improved Q1 Earnings for Renewable Diesel

Marathon Petroleum Corp. announced on May 6, 2025, that its renewable diesel segment achieved improved first-quarter EBITDA, driven by higher facility utilizati…

South Korea

GSMA, Samsung Enhance Global VoLTE Connectivity for 4G & 5G Networks

The GSMA, a global mobile industry association, has partnered with Samsung Electronics to enhance voice call quality and connectivity on 4G and 5G networks by e…

Gas turbine engine

Manufacturer Linamar Contracts Caterpillar Gas-Fired Gen-Sets for Ontario Sites

Linamar Corp., a manufacturer of automotive and medical technology parts, has partnered with Caterpillar and Alectra Energy Solutions to power several of its Ca…

China

China Adds 75 International Air Cargo Routes in First Four Months, Nearly 90% to Asia, Europe

In the first four months of 2025, China introduced 75 new international air cargo routes, with nearly 90 percent connecting to Asia and Europe, according to the…