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Gas power plant
NRG Energy to Acquire LS Power’s Natural Gas Assets in $12BN Deal
NRG Energy has finalized an agreement to acquire LS Power Equity Advisors’ natural gas generation facilities and a commercial and industrial virtual power…
South Africa
MTN South Africa Launches Aggressive 4G Smartphone Push With R99 Handsets
MTN South Africa is taking a significant step to increase 4G adoption across the nation by offering 1.2 million 4G-enabled smartphones to its prepaid subscriber…
Wind Turbine
Global Tech I Awards 10-Year Turbine Service Contracts
Global Tech I has finalized two long-term service contracts for its 400MW offshore wind farm in the German North Sea, following a competitive Europe-wide tender…
Photovoltaic (PV)
Georgia Could Host up to 87 GW of Solar
A new report from the International Renewable Energy Agency (IRENA) highlights Georgia’s significant potential for solar energy development, estimating a …
Hydropower Plant
Skanska to Upgrade and Build Tunnels for Norwegian Hydro Plant
Skanska has secured a contract with Statkraft to enhance infrastructure at the Saurland hydroelectric power plant in Suldal, Rogaland County, Norway. Valued at …
Crude Oil
Mexico’s Pemex Plans to Export Less Crude Oil as New Refinery Starts Up, Official Says
Mexico’s state-owned oil company, Pemex, expects to decrease crude oil exports this year as it directs more supply to domestic refineries, particularly th…
Crude Oil
Oman Considering $8 Billion Sale of Natural Gas Assets, Sources Say
Oman is exploring the sale of a minority stake in natural gas assets within Block 6, valued at approximately $8 billion, to raise funds for state finances and s…
Brazil
Brazil to Increase Soybean Area for 2025/26 Crop by Almost 500 Thsd Ha
Brazilian farmers are set to expand their soybean acreage by approximately 500,000 hectares for the 2025/26 season, which begins in September. Andre Pessoa, pre…
Metal
Silver Storm Secures Financing Proposals for LA Parrilla Mine’s Restart in Mexico
Silver Storm Mining, a Canadian exploration and resource company, has obtained several non-binding financing proposals from trading companies to support the res…
Electric Vehicles
Geely Galaxy Xingyao 8 Model Hits Market
Geely launched its Galaxy Xingyao 8 sedan on May 9 at AUTO SHANGHAI 2025, introducing seven trims powered by either the NordThor EM-P Super Hybrid or NordThor E…
Metal
Silver Viper Minerals to Acquire Cimarron Gold-Copper Project in Mexico
Canadian exploration company Silver Viper Minerals has entered an agreement with CSAC Holdings and its shareholders to acquire the Cimarron project in Sinaloa, …
Green Hydrogen
Statkraft Halts New Green Hydrogen Projects Citing Market Uncertainty
Norwegian renewable energy company Statkraft has announced a pause on initiating new green hydrogen projects due to growing market uncertainties. The decision r…
Offshore Wind Power
UK’s Crown Estate Gives Green Light to Expand Capacity at Offshore Wind Sites
The Crown Estate, which manages Britain’s seabed under King Charles III, has authorized the expansion of high-density offshore wind farms on existing seab…
Finland
NCC to Undertake $51.97m Redevelopment Project in Espoo, Finland
Nordic construction company NCC has been commissioned by HGR Property Partners, a real-estate development and investment firm, to redevelop and expand the Metal…
Offshore Wind Power
Crown Confirms 4.7GW Offshore Extensions Boost
The Crown Estate has approved a capacity increase program to enhance the potential of existing seabed leases at seven UK offshore wind farms. This decision buil…
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