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Archive by category Energy & Environment

[CORRECTION] Sumitomo Electric Selects Kinectrics to Complete Commissioning Testing for the A-Nord HVDC Underground Power Transmission Project

OSAKA, Japan, Sept. 26, 2025 (Korea Bizwire) – In a press release issued under the same headline on September 23, 2025, by Kinectrics Inc, please note that the project completion year is 2027, not 2030, and a Forward-Looking Statements section has been added to the release. The corrected version follows: Kinectrics, a division of BWX Technologies Inc. [...]

Founder Group Limited Announces Landmark RM1.16 billion [USD276 million] 310 MWp Solar-Plus-Storage Project in Sarawak, Anchoring Regional Green Data Centre

KUALA LUMPUR, Malaysia, Sept. 26, 2025 (Korea Bizwire) – Founder Group Limited (NASDAQ: FGL) (“FGL” or “the Company”) today announced the execution of a Heads of Agreement with Planet QEOS Sdn. Bhd. for the joint development of a pioneering, large-scale renewable energy facility in Sarawak, Malaysia with estimated value of up to RM1.16 billion [USD276 [...]

Construction Begins on Hydrogen-Based Ironmaking Plant in Linz, Austria

London, Sept. 25, 2025 (Korea Bizwire) – Groundbreaking ceremony marks the start of construction for industrial-scale demonstration plant targeting hot metal production with potential net-zero CO2 emissions Plant will produce hot briquetted iron, hot metal, and pig iron using Hydrogen-based Fine-Ore Reduction (HYFOR®) and Smelter solutions from Primetals Technologies Startup scheduled for the end of 2027 [...]

CGTN: What’s new about China’s 2035 Nationally Determined Contributions

An article published by CGTN explains China’s 2035 Nationally Determined Contributions (NDCs) and how the country has advanced global climate governance through NDCs. It explores China’s NDCs targets for the next decade and details the country’s domestic progress in ecological protection, as well as its outreach to developing nations, reflecting Beijing’s broader commitment to fostering [...]

North Atlantic France SAS reaches a key milestone in its project to acquire a majority stake in Esso Société Anonyme Française SA and 100% of ExxonMobil Chemical France SAS, with the signing of a share purchase agreement

ST. JOHN’S, NL, CANADA, Sept. 24, 2025 (Korea Bizwire) – North Atlantic France SAS (“North Atlantic”) announced on May 28, 2025, that it had entered into exclusive negotiations with ExxonMobil France Holding SAS (“ExxonMobil”) for the acquisition of ExxonMobil’s entire stake in Esso Société Anonyme Française SA (“Esso S.A.F.”) and ExxonMobil Chemical France SAS by signing [...]

Founder Group Limited to Significantly Benefit From up to RM17.4 billion [USD4.1 billion] Solar EPCC Contract Value Expected to Ignite Green Energy, Data Center Expansion and National AI Ambitions in Malaysia

KUALA LUMPUR, Malaysia, Sept. 24, 2025 (Korea Bizwire) – Founder Group Limited (NASDAQ: FGL) (“Founder Group” or the “Company”), a leading engineering, procurement, construction, and commissioning (EPCC) solutions provider for solar photovoltaic systems in Malaysia, today announced its strong positioning, which is strategically aligned to capitalize on the significant growth opportunities within Malaysia’s burgeoning renewable [...]

Amlan International Highlights Holistic Gut Health Solutions and Sponsors Media Room at World Dairy Expo 2025

CHICAGO, Sept. 23, 2025 (Korea Bizwire) – Amlan® International, the animal health business of Oil-Dri® Corporation of America, is proud to announce its participation in the upcoming World Dairy Expo in Madison, Wisconsin, where it will once again serve as the official Media Room sponsor. This marks the fourth consecutive year Amlan has supported the world’s largest [...]

Wood Mackenzie partners with Novi to enhance the accuracy and depth of its 4.4 million well database for US Lower 48

Wood Mackenzie partners with Novi to enhance the accuracy and depth of its 4.4 million well database for US Lower 48 Strategic partnership combines industry-leading, operator-verified well data and advanced lease-to-well algorithms with comprehensive upstream intelligence to transform decision-making in the world’s most data-intensive and dynamic oil and gas market LONDON/HOUSTON/SINGAPORE, 23 September 2025 - Wood Mackenzie, [...]

Pacific Green Achieves Planning Permit for 1GW / 2.5GWh Portland Energy Park

Sydney, Sept. 23, 2025 (Korea Bizwire) – Pacific Green, a global battery energy storage company, has secured planning permit from the Victorian Government for its second Australian grid-scale battery energy park located in Portland, Victoria, Australia. The Portland Energy Park, providing up to 1GW of firming capacity, will be developed in phases over the next 36 [...]

OPEC Fund mobilizes over US$1 billion to advance sustainable development

Governing Board approves major financing package as institution launches inaugural Euro benchmark bond VIENNA, Sept. 22, 2025 (Korea Bizwire) – The OPEC Fund for International Development (the OPEC Fund) announced the approval of more than US$1 billion in new development financing during the 193rd meeting of its Governing Board and throughout the third quarter of [...]