An AI race with global stakes is unfolding in the Middle East. The United States, still home to the world’s most advanced microchip design and manufacturing capabilities, risks losing its lead in one of the most strategic regions on the planet if it fails to finalise next-generation semiconductor agreements with
Across the Gulf, national oil companies are rewriting the playbook on how energy infrastructure is financed. Instead of simply operating pipelines and power plants as state-owned assets, they are unlocking billions of dollars in fresh capital by selling minority stakes, all while keeping control over the networks that underpin their
NextStar Energy (NSE), a joint venture between South Korea’s LG Energy Solution Ltd (LGES) and Stellantis, has completed construction of its C$5bn ($3.5bn) electric vehicle (EV) battery plant in Windsor, Ontario; marking a milestone for North America’s EV manufacturing landscape. The company has secured an occupancy permit, enabling production to
NextStar Energy (NSE), a joint venture between South Korea’s LG Energy Solution Ltd (LGES) and Stellantis, has completed construction of its C$5bn ($3.5bn) electric vehicle (EV) battery plant in Windsor, Ontario; marking a milestone for North America’s EV manufacturing landscape. The company has secured an occupancy permit, enabling production to
Vietnam’s coffee industry is set to benefit from a surge in global coffee prices, presenting an opportunity to expand its share in international markets. According to a recent report by the Food and Agriculture Organisation of the United Nations, coffee prices worldwide rose by roughly 40 percent in 2024, largely
This initiative is a collaborative undertaking involving Nigeria’s national oil company, NNPC Ltd., which holds a 55% stake in OML 18, along with Sahara Group, Eroton Exploration & Production, and Bilton Energy. The project centers on a Very Large Crude Carrier that has been converted into a double-hull Floating Storage
As international scrutiny intensifies over Tehran’s nuclear activities, Iran is doubling down on its partnership with Russia to advance a new generation of nuclear power projects, even as the threat of renewed United Nations sanctions looms large. This week, Mohammad Eslami, head of the Atomic Energy OrganiSation of Iran (AEOI),
As international scrutiny intensifies over Tehran’s nuclear activities, Iran is doubling down on its partnership with Russia to advance a new generation of nuclear power projects, even as the threat of renewed United Nations sanctions looms large. This week, Mohammad Eslami, head of the Atomic Energy OrganiSation of Iran (AEOI),
The reinstatement of United Nations sanctions on Iran this week, triggered by the “snapback” mechanism under the 2015 nuclear deal, is being sold to the world as a necessary step to prevent Tehran from acquiring nuclear weapons. It is nothing of the sort. It is the latest act in a
The reinstatement of United Nations sanctions on Iran this week, triggered by the “snapback” mechanism under the 2015 nuclear deal, is being sold to the world as a necessary step to prevent Tehran from acquiring nuclear weapons. It is nothing of the sort. It is the latest act in a