DEME to Acquire Offshore Wind Contractor Havfram in $985.2m Deal
Wedoany.com Report-Apr. 11, Belgium-based offshore energy contractor DEME has entered an agreement to acquire full ownership of Havfram Wind Holdco, a Norwegian company specializing in offshore wind i...
Westinghouse and Celeros Ft Sign MoU to Support Nuclear New-Builds
Wedoany.com Report-Apr. 11, Westinghouse Electric Company has signed a memorandum of understanding (MoU) with Celeros Flow Technology (Celeros FT) to support new nuclear construction projects in Canad...
ClassNK Okays Mitsubishi Shipbuilding’s Onboard Carbon Capture and Storage System
Wedoany.com Report-Apr. 11, Mitsubishi Shipbuilding, a division of Japan’s Mitsubishi Heavy Industries (MHI) Group, has received approval in principle (AiP) from Nippon Kaiji Kyokai (ClassNK), a...
Macmahon Secures $543M Contract Extension at Byerwen Coal Mine in Australia
Wedoany.com Report-Apr. 11, Macmahon Holdings, an Australian mining services company listed on the Australian Securities Exchange, has secured a three-year extension to continue providing mining servi...
US Power Use to Reach Record Highs in 2025 and 2026, EIA Says
Wedoany.com Report-Apr. 11, On Thursday, the U.S. Energy Information Administration (EIA) released its Short Term Energy Outlook, forecasting record-high U.S. power consumption for 2025 and 2026. The ...
Brazil Working on Power Reform to Raise Subsidies for the Poorest, Minister Says
Wedoany.com Report-Apr. 11, On Thursday, Brazil’s Energy and Mines Minister, Alexandre Silveira, announced plans for a power sector reform to expand the number of low-income households exempt fr...
Panama Canal Traffic Fell to 33.7 Ships per Day in March, Authority Says
Wedoany.com Report-Apr. 11, In March, the Panama Canal, a vital global waterway connecting the Atlantic and Pacific oceans, saw an average of 33.7 vessels transit daily, totaling 1,045 ships for the m...
Venezuela’s PDVSA Suspends Oil Loading Authorizations to Chevron, Sources Say
Wedoany.com Report-Apr. 11, On Thursday, Venezuela’s state oil company, PDVSA, revoked several authorizations previously granted to U.S.-based Chevron for loading and exporting Venezuelan crude ...
Egypt Raises Fuel Prices for First Time in 2025
On Friday, Egypt adjusted fuel prices upward by 11.76% to 14.81%, the first such change in 2025, according to state media. The move aligns with the government’s efforts to reduce fuel subsidies ...
China Focus: China Launches Giant Tunnel Boring Machine for Yangtze River Project
Wedoany.com Report-Apr. 10, China introduced a massive self-developed tunnel boring machine (TBM) named "Jianghai" for building the world’s longest underwater highway TBM tunnel on Wednesday, Ap...