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Electric Vehicles
BYD Accelerates South Africa Expansion With More Dealerships Planned in 2026
China's leading electric vehicle manufacturer, is accelerating its retail expansion in South Africa and now expects to complete its initial network of appro…
Oil Exploration
Oil Companies in Norway to Drill 18% Fewer Exploration Wells in 2026, Survey Shows
Norwegian oil and gas companies plan to drill approximately 37 exploration wells in 2026, an 18% reduction from the 45 wells completed this year, according to a…
Crude Oil
Turkmenistan Expands Oil Production at Uzynada Field
Turkmenistan’s Türkmennebit State Concern has achieved a substantial rise in hydrocarbon production at the Uzynada oil and gas condensate field, foll…
Nigeria
Dangote Selects Honeywell Technologies for Upgrade Project at Africa’s Largest Petroleum Refinery
Dangote Petroleum Refinery and Petrochemicals FZE has selected Honeywell International Inc. to provide advanced process technology, proprietary catalysts, equip…
China
COSCO Sells Vintage VLCC for Steep Discount
COSCO Shipping has sold the 2006-built, scrubber-fitted VLCC Cosgrand Lake (299,000 dwt) for around $35 million to undisclosed buyers, shipbrokers report.The Ja…
United States
Honeywell Helps Transform Power Plant Into Fertilizer Facility
Honeywell announced that its advanced carbon capture technology will be deployed by Wabash Valley Resources, LLC (WVR) in a major new project to produce hydroge…
South Korea
NVIDIA, SK Group Strengthen Strategic Alliance to Build Korea’s Largest AI Factory
NVIDIA has announced a major collaboration with South Korea’s SK Group to build an AI factory aimed at advancing semiconductor research, development, and …
Coal Production
Makhado Project Progressing Well, Uitkomst Improvement Plan Approved
MC Mining reported steady progress in developing the Makhado project in Limpopo during the quarter ended September 30, achieving key milestones despite some con…
Battery
Saft Wins Major BESS Project in Taiwan
Saft, a subsidiary of TotalEnergies, has expanded its footprint in the Asia-Pacific region after securing a major battery energy storage system (BESS) contract …
United States
Linde Starts up Air Separation Unit in Eastern Tennessee
Linde plc (Dublin, Ireland) announced the start-up of its new industrial gas supply to customers in Knoxville, Chattanooga, and Nashville in eastern Tennessee, …
Crude Oil
First Oil Flows From Offshore Project in Southeast Asia Ahead of Schedule
Vietsovpetro, the Vietnam–Russia joint venture between PetroVietnam and Zarubezhneft, has achieved first oil production from the BK-24 wellhead platform a…
Metal
Greenland Resources Signs MoU With Hempel for Molybdenum Supply
Greenland Resources has signed a memorandum of understanding (MoU) with Hempel Metallurgical for the long-term supply of molybdenum to the German steel industry…
Uruguay
Syzygy Plasmonics to Use Honeywell UOP Fischer-Tropsch Technology for SAF Facility
Honeywell, based in Charlotte, North Carolina, has partnered with Syzygy Plasmonics, a Houston-based leader in electrified biogas-to-sustainable aviation fuel (…
Crude Oil
US Crude Production to Hit Record 13.41 Million Bpd in 2025 Before Falling, EIA Says
The U.S. Energy Information Administration (EIA) released a monthly report on August 12, 2025, projecting U.S. crude oil production to reach a record 13.41 mill…
Coal-Fired Power Plants
U.S. Coal Power Plants Well Stocked Through 2026, EIA Says
The U.S. Energy Information Administration (EIA) released its Short-Term Energy Outlook on Wednesday, projecting that coal-fired power plants in the United Stat…
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