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Electric Vehicles
China’s New-Energy Passenger Car Sales Surge in April
China’s new-energy passenger vehicle market maintained strong growth in April 2025, with retail sales reaching approximately 922,000 units, according to d…
Metal
Rio Tinto Extracts First Gallium at Quebec Refinery With Partner Indium
Rio Tinto, in collaboration with Indium Corporation, has successfully extracted primary gallium from bauxite processed at its Vaudreuil alumina refinery in Queb…
Metal
Almonty Secures Tungsten Oxide Offtake Deal for US Defence Sector
Almonty Industries, a tungsten concentrate producer, has signed a binding offtake agreement with Tungsten Parts Wyoming (TPW), a U.S.-based defense contractor, …
Oil Field
Mexico’s Pemex Aims to Reopen Wells to Boost Falling Oil Output, Documents and Sources Say
Mexico’s state energy company, Pemex, is planning to reactivate closed wells to increase oil production, according to internal documents and four sources famil…
Electric Vehicles
Hyundai Unveils the New Elexio Electric SUV for China With 435 Miles Range
Hyundai introduced its ELEXIO electric SUV at a media-exclusive event in Shanghai, emphasizing its strategic focus on China’s electric vehicle market. Dev…
Spain
Port of Barcelona Taps Powercon for First OPS System for Cruise Vessels
The Port of Barcelona has awarded Danish equipment provider PowerCon a contract worth €12.2 million (approximately $13.8 million) to construct its first on…
Hydropower Plant
Statkraft Eyes a $380M Upgrade for Nore Hydro Plants
Statkraft, Europe’s leading renewable energy producer, has applied for a license to upgrade the Nore hydropower plants in Nore and Uvdal, Buskerud, Norway…
Metal
Fortuna Mining Explores Investments in Guinea for Gold Mining Opportunities
Fortuna Mining, a Canadian precious metals company, is pursuing new gold exploration opportunities in Guinea after exiting Burkina Faso due to regulatory challe…
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…
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)…
United States
Bayer to Exit US Seed Treatment Equipment Business, Email Says
Bayer, a German company specializing in pharmaceuticals and agricultural pesticides, has announced its decision to exit the seed treatment equipment business in…
Electric Vehicles
Pony.ai, Uber Announce Global Partnership to Deploy Robotaxis Starting in the Middle East
On May 6, 2025, Pony.ai, an autonomous driving technology company, and Uber announced a strategic partnership to integrate Pony.ai’s Robotaxi services and…
Offshore Wind Power
UK Commits to CFD Budget Reforms
The UK government has approved changes to enhance the flexibility of the Allocation Round 7 (AR7) Contracts for Difference (CfD) auction, shifting from fixed bu…
Crude Oil
Mexico’s Pemex Increased Crude Shipments to Cuba in 2024, Filing Shows
Mexican state oil company Pemex significantly increased its crude oil exports to Cuba in 2024, boosting shipments by nearly 20%, according to a company filing r…
Metal
US Advances Critical Mineral Strategy With Ten Additional Projects
The White House has added ten critical mineral production projects to the Fixing America’s Surface Transportation (FAST)-41 transparency initiative.A few …
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