Category: NEWS
Panama Approves Third Canal Lake to Combat Severe Droughts
Panama Canal Authority approves $2bn Indio River lake project to fight drought, secure waterway, and overcome legal and…
US DOI Revises Offshore Oil Commingling Rules to Boost Gulf of America Output
The US DOI has revised offshore oil commingling rules to enhance Gulf of America production, allowing higher…
Ghana Signs Transitional Mining Agreement with Goldfields for Damang Operations
The Government of Ghana has reached a transitional agreement with Goldfields Ghana Limited to extend operations at the…
Vantage Drilling Receives $80 Million Conditional Award for Platinum Explorer Drillship
Vantage Drilling International has received an $80 million conditional letter of award (CLOA) for deploying its Platinum…
Recycled Steel Prices Decline in April as Market Cools
U.S. steel scrap prices declined in April after three months of gains, with shredded scrap showing the sharpest drop.
New Cu-3Ta-0.5Li Copper Alloy Delivers Unmatched Strength at High Temperatures
A new copper alloy offers record-breaking heat resistance and strength, opening new possibilities in aerospace, energy, and…
Třinecké Železárny Delays Major Decarbonization Investment Plans
Třinecké Železárny delays decarbonization plans, pushing back the electric arc furnace construction to 2030 due to…
European Gas Prices Stabilize Amid Market Adjustments
European gas prices have stabilized in late April due to low storage injections, reduced industrial consumption, and increased LNG…
Canadian and US Steel Markets Begin Messy Separation
The reimposition of US tariffs on Canadian steel imports is disrupting the relationship between the two…
US Trade Standoff to Deepen China’s Overcapacity Issues
The US-China trade standoff is increasing pressure on China’s steel industry, worsening its overcapacity issues and…
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