Business : Page 7

Six contractors set to bid for Stad ship tunnel in Norway

February 14, 2025 Six contractors are competing for the opportunity to construct the Stad ship tunnel.

New Cebu International Container Port construction begins

February 14, 2025 After a long delay, the construction of the New Cebu International Container Port (NCICP) in the Philippines has finally kicked off.

Baltic States join the European continental electricity grid

February 14, 2025 Lithuania, Latvia, and Estonia synchronized their power grids with Western Europe.

U.S. drillers add oil and gas rigs to 586

February 7, 2025 U.S. energy firms this week added oil and natural gas rigs, Baker Hughes said.

Manhattan Tunnel Project estimated to create 15,800 new jobs

February 7, 2025 New York’s The Gateway Development Commission (GDC) Board of Commissioners awarded the contract for the Manhattan Tunnel Project to Frontier-Kemper-Tutor-Perini JV and authorized the notice to proceed with construction.

U.S. oil rig count rises to 479

January 31, 2025 The number of oil rigs in the U.S. increased by seven in the week ended Friday, according to data compiled by energy services company Baker Hughes.

New York AG warns businesses against price gouging of eggs and poultry amid bird flu outbreak

January 31, 2025 New York Attorney General Letitia James issued an alert warning businesses against price gouging of eggs and poultry amid a national bird flu outbreak.

Firms admit laundering Russian wood into EU

January 31, 2025 Investigators at UK-based non-profit, Earthsight, have uncovered a booming trade in illegal Russian timber stretching throughout Europe and breaching war sanctions.

U.S. oil and gas rig count falls to 576

January 24, 2025 U.S. energy firms this week cut the number of oil and natural gas rigsm Baker Hughes said.

Kansas Governor announces $25M for Stafford County Transload Facility Project

January 24, 2025 Governor Laura Kelly announced that the Port Authority of Stafford County (PASC) has secured $25 million in federal Bipartisan Infrastructure Law (BIL) funding from the U.S. Department of Transportation’s Rebuilding American Infrastructure with Sustainability and Equity (RAISE) grant program.

Ukraine planning to resume port concessions in 2025

January 24, 2025 Ukraine is planning to step up privatization and resume public-private partnerships, including concession projects at several port.

EIB and Societe Generale to stimulate up to €8 billion investment in wind industry

January 24, 2025 The European Investment Bank (EIB) and Societe Generale have agreed on a new initiative which has the potential to unlock investment of up to €8 billion to support wind energy manufacturers in Europe.