United States

Seatrium Sells AmFELS Yard in Texas

Seatrium, a global provider of engineering solutions, has agreed to sell its AmFELS shipyard in Brownsville, Texas, to Karpower Valley for $50 million. The tran…

Metal

US Defence Agency Reportedly Seeks to Buy Scandium Oxide From Rio Tinto

The U.S. Defense Logistics Agency (DLA) has announced plans to purchase up to $40 million worth of scandium oxide from Rio Tinto over the next five years to str…

Electric Vehicles

Ford China Establishes Wholly-Owned Sales & Service Subsidiary

On September 23, Ford China announced the creation of Ford Sales and Service (Shanghai) Co., Ltd., a wholly-owned subsidiary tasked with overseeing marketing, s…

United Arab Emirates

AD Ports Launches Luanda Port Terminal Project, Focused on Modernization and Sustainability

AD Ports Group, based in the UAE, has partnered with Unicargas and Multiparques to commence a significant modernization and expansion project at the Noatum Port…

Solar Module

Puerto Rico to Open First Solar Module Factory

Solx, a U.S.-based solar company founded in 2024, is preparing to open Puerto Rico’s first solar module manufacturing facility in Aguadilla, utilizing a f…

Nuclear Fusion

Eni and CFS Expand Fusion Partnership With Major Power Deal

Global energy technology company Eni and Commonwealth Fusion Systems (CFS) have entered into a power purchase agreement (PPA) valued at over $1 billion, further…

Metal

Anson Resources, LG Energy Solution Sign Five-Year Lithium Offtake Deal

On Wednesday, Anson Resources, an Australian mining company, signed an offtake agreement with South Korea’s LG Energy Solution for the supply of battery-g…

Oil Field

Exxon Greenlights $6.8 Billion Investment for Hammerhead Project in Guyana

Exxon Mobil announced on Monday the approval of funding for its seventh oil development project, named Hammerhead, in Guyana’s Stabroek Block. This milest…

United Kingdom

STAX Engineering Ramps up UK Port Operations With $50M Investment

STAX Engineering, a California-based marine technology company specializing in emissions capture, is expanding its operations in the United Kingdom with an inve…

United States

US Company Buys Hexagon’s Design and Engineering Arm for €2.7bn

American software company Cadence has announced the €2.7 billion acquisition of the design and engineering branch of Sweden’s Hexagon. The deal inclu…

United Kingdom

GRAHAM Wins Contract for Oasis Academy Temple Quarter Project in Bristol

GRAHAM, a privately owned UK construction company, has been awarded a contract by the Department for Education to build the new Oasis Academy in Bristol. The se…

India

New Equinix AI Data Centre in Chennai Committed to India Tech Growth

Equinix has launched its first AI-ready data centre in Chennai, marking a significant step in India’s digital infrastructure expansion. Named CN1, the Int…

United Kingdom

Vodafonethree Signs Multibillion-Pound Network Deals With Ericsson and Nokia

VodafoneThree has signed multibillion-pound agreements with Ericsson and Nokia to accelerate its £11bn investment programme, described as the UK’s l…

Kazakhstan

Kazakhstan Continues to Increase Production of Vegetable Oils

Kazakhstan’s agrarian-industrial complex continues to show steady growth, with production increasing significantly in early 2025. According to the Bureau …

Argentina

Argentine Government Scraps All Grain Export Withholdings

The Argentine government announced it will remove all withholdings on grain exports until October 31 to increase foreign currency inflows, presidential spokesma…