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State-owned Vietnam National Industry-Energy Group (PetroVietnam) and its international partners in Block 15-1 have signed a new production sharing contract (PSC). The new 25-year PSC paves the way for a final investment decision on the Phase 2B development in the White Lion (Su Tu Trang) gas and condensate field, which aims to deliver 125 million standard cubic feet of gas a day for seven years “to support Vietnam’s rapidly growing domestic market”, Perenco Group said in a press release Thursday. The Cuu Long Basin’s Block 15-1 is located 180 kilometers (111.85 miles) southeast of Ho Chi Minh City in waters about…
Fraunhofer FEP has developed a new roll-to-roll production process for manufacturing metal-on-polymer current collectors. This enables electrodes to be made using polymer films instead of metal foils – reducing battery weight while maintaining comparable performance. The Fraunhofer Institute for Electron Beam and Plasma Technology (FEP) sees its results as “valuable basis for optimizing lithium-ion batteries” in industry. According to Fraunhofer FEP, the technology developed by its researchers enables “the precise application of copper and aluminum layers onto polymer films to produce current collectors with electrical conductivity and thickness comparable to conventional metal foil-based current collectors.” While current collectors are also…
Agata Stańda has been named the new CEO of Solaris Bus & Coach, effective 1 July 2025. She succeeds Javier Iriarte, who becomes Vice Chairman of the Supervisory Board while leading CAF Rolling Stock. Stańda joined Solaris in February 2020 and was most recently Management Board Member for Strategy and Sustainability. Her professional background includes managing projects and teams across Europe, Africa, and Asia. She holds degrees from the Poznań University of Economics and Business and the ESCP Business School in Paris. The supervisory board has now appointed her as Javier Iriarte’s successor. The Spaniard had led the company since…
Indian EV charging solutions provider Servotech Renewable has announced the country’s first EV charging hub for airside operations. The company is setting up this facility at Kempegowda International Airport (BLR) in Bengaluru, Karnataka. Bengaluru International Airport Limited (BIAL) has awarded a contract to Servotech Renewable to supply, install, test, and commission EV chargers at the city’s airport. The Indian EV charging solutions provider will also maintain the facility for five years as part of the contract. BIAL developed, owns, and operates the Bengaluru airport and is investing 16.2 million rupees (approximately 160,000 euros) in the EV charging hub. The company…
Major Climate Milestone: Project targets up to 500,000 tonnes of CO₂ removed annually, marking a significant advancement in European carbon management. Grid-Stabilizing DAC Tech: Phlair’s load-flexible, electrochemical system supports electricity networks while reducing the cost of carbon removal. Exclusive National Partnership: Carbon Removal AS becomes Phlair’s exclusive DAC customer in Norway for the duration of the agreement. Phlair GmbH and Carbon Removal AS, through its subsidiary NorDAC Kollsnes AS, have signed an agreement to develop Europe’s first large-scale Direct Air Capture (DAC) and geologic CO₂ storage facility in Øygarden, Norway. The site is strategically located next to the Northern Lights…
The OPEC+ producers unwinding their oil production cuts may bring forward their meeting to Saturday instead of on Sunday, with another accelerated output hike likely to be agreed, delegates and sources from the group tell various news outlets ahead of the weekend.The eight OPEC+ members, which have been cutting production and are now returning supply to the market in monthly increments, may bring forward the meeting to July 5 from July 6, as it was originally planned, delegates from the group told Argus Media.The potential change in plans follows a request by the Iraqi delegation to move up the meeting…
In this week’s edition of The Prototype, we look at new advances in fusion power, how the new budget bill undermines clean energy, a new trick to treat autoimmune diseases and more. You can sign up to get The Prototype in your inbox here. View of the research reactor Wendelstein 7-Xdpa/picture alliance via Getty Images Two different fusion experiments in Europe have recently set records–and may be bringing the world closer to real fusion power. One is the Wendelstein 7-X, which is at the Max Planck Institute in Germany. The other is the Joint European Torus (JET), which was retired…
Comprehensive overhaul: The ISSB proposes updates to SASB Standards across nine priority industries and targeted metrics across 41 others to enhance alignment with IFRS S2. First global input opportunity: Stakeholders worldwide are invited to comment on SASB metrics related to climate, nature, and human capital by 30 November 2025. Focus on interoperability: Drafts were shaped through collaboration with major frameworks including GRI, EFRAG, and TNFD, ensuring global relevance and alignment. The International Sustainability Standards Board (ISSB) has released two exposure drafts proposing significant updates to the SASB Standards and aligned amendments to the Industry-based Guidance on Implementing IFRS S2. This…
Mark Cuban said artificial intelligence could make “just one dude in a basement” the world’s first trillionaire.The 66-year-old billionaire said in a recent episode of the “High Performance” podcast that we haven’t yet seen “best, or the craziest” that AI can achieve.”It’s just the very beginning, right, you know, we’re still in the preseason,” Cuban said, adding that, as it becomes more advanced, we’ll find more ways to make our lives better and more interesting.”Not only do I think it’ll create a trillionaire, but it could be just one dude in the basement. That’s how crazy it could be,” he…
The UK government is launching its first onshore wind strategy, aiming to deliver up to 29 gigawatts (GW) of onshore wind power by the end of the decade.In the newly minted Onshore Wind Taskforce Strategy, the UK has set out more than 40 steps government and industry will take to help deliver the goal. That includes driving ambitious reforms to planning, grid connections, and routes to market, while building the supply chains and skilled workforce the UK needs.Last year, the UK removed the de facto ban on onshore wind in England, in place since 2015, to boost onshore wind capacity…