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Electric Vehicles

Chery Group Sees Monthly Vehicle Sales Rise 10.3% YoY in April 2025

In April 2025, Chery Group, a leading Chinese automaker, reported sales of 200,760 vehicles, a 10.3% increase from the previous year. Chery Automobile Co., Ltd.…

Ukraine

Ukraine Plans to Lease Out the Black Sea Port of Chornomorsk

Ukraine has announced a 40-year concession plan for the Chornomorsk port on the Black Sea, presented by government officials at an investment forum in Warsaw, P…

FLNG

Samsung Heavy’s Deepwater FLNG Design Wins Triple Blessing

Samsung Heavy Industries (SHI), based in South Korea, has secured approvals in principle (AiP) for its multi-purpose LNG floater-offshore (MLF-O) standard model…

Romania

Romania’s 2024 Grain Crop Falls to Lowest Level in a Decade

In 2024, Romania’s cereal production reached its lowest level in a decade, totaling 17.87 million tons, a 14.7% decrease from 2023, according to Economica…

Germany

Telekom Deutschland Selects Compax to Support ‘Telco-As-A-Service’ Rollout

Telekom Deutschland, a subsidiary of Deutsche Telekom, announced its partnership with Compax to develop a new Telco-as-a-Service (TaaS) platform. This collabora…

Electric Vehicles

Great Wall Motor Posts 5.55% YoY Rise in April 2025 Auto Sales, With NEV Sales Jumping 28.42% YoY

In April 2025, Great Wall Motor (GWM) reported sales of 100,061 new vehicles, reflecting a 5.55% increase compared to the previous year. Vehicles priced above 2…

Solar project

DESRI and Ranger Power Close Finance and Commence 290MW Solar Projects

DE Shaw Renewable Investments (DESRI), a renewable energy assets operator, and Ranger Power, a utility-scale clean energy developer, have finalized financing an…

Electric Vehicles

Geely Automobile to Acquire Full Ownership of Zeekr in Push to Consolidate NEV Business

On May 7, Geely Automobile Holdings Limited announced its plan to acquire all outstanding shares of Zeekr Intelligent Technology Holding Limited, in which it cu…

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…