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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…

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 …

Offshore Wind Power

ØRsted Divests Stake in 389 MW UK Offshore Wind Farm for GBP 456 Million

Ørsted has sold a 24.5% stake in the 389 MW West of Duddon Sands offshore wind farm, located in the Irish Sea, to funds managed by Schroders Greencoat. T…

Battery

EnBW Switches on Debut Wind Farm Battery

EnBW, a German energy company, has activated its first battery energy storage system at the Häusern wind farm in Germany, enabling more flexible electricit…

Metal

Zeotech, MSI Sign MOU for Kaolin and Bauxite Clay Products Sales

Zeotech, an emerging mineral processing technology company, has signed a non-binding memorandum of understanding with Jiangsu Mineral Sources International Trad…

Coal Production

House Committee Proposes Changes to Boost US Oil, Coal on Federal Lands

On Tuesday, the House Natural Resources Committee will review proposed changes to U.S. oil and gas drilling programs as part of a budget reconciliation bill. Th…

Green Hydrogen

Stadtwerke Stuttgart Commissions Green Hydrogen Hub in Germany, Featuring Maximator H2 Compressor

On April 28, 2025, Stadtwerke Stuttgart (SWS) launched the Green Hydrogen Hub Stuttgart (GH2S) project with a ceremonial groundbreaking in Stuttgart’s por…

Solar project

Vena Energy Begins Construction of 320MW Solar Park

Vena Energy has begun construction on the 320MW Wandoan South Solar 2 project in Queensland’s Western Downs region, Australia. This development follows th…

Electric Vehicles

Here’s How Volvo Plans to Overcome Trump’s Tariffs With New EVs Arriving

Volvo Cars has announced a SEK 18 billion (approximately $2 billion) restructuring plan to foster growth and address challenges posed by tariffs. The initiative…

Oil Refinery

Mexico’s Olmeca Refinery Will Restart and Halt Was ‘Nothing Serious,’ President Says

Mexico’s Olmeca refinery, located at the port of Dos Bocas, is prepared to resume production following a temporary outage, President Claudia Sheinbaum ann…