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Mitsubishi Electric Corporation’s $1.4 billion acquisition of PCI Energy Solutions expands its push into power-market software as utilities manage increasingly complex grids shaped by renewables, battery storage and rising electricity demand. Representative image.

Mitsubishi Electric’s $1.4bn PCI deal targets software managing 60% of US power

Johan Sverdrup crude could meet 25% of ORLEN demand under three-year agreement

Equinor strikes three-year ORLEN deal for up to 9m tonnes of crude a year

APA Group is advancing the A$259 million Sybella Creek Solar Farm and Battery Energy Storage System in Mount Isa, combining 72 MW of solar generation with a 52 MW/104 MWh battery and existing gas-fired power infrastructure under a long-term supply agreement with Ernest Henry Mining. Representative image.

APA Group (ASX: APA) commits A$259m to Mount Isa solar and battery project

A major Bay of Bengal search-and-rescue operation is underway after Panama-flagged bulk carrier MV Ocean Winner sank about 240 nautical miles off Odisha’s Paradip coast, leaving 22 of 24 crew members missing. The vessel was carrying iron ore from India to Singapore. Representative image.

MV Ocean Winner sinks off Odisha as 22 crew remain missing in Bay of Bengal

The a2 Milk Company’s record FY26 revenue highlights stronger portfolio diversification, but weaker China-label infant formula sales and the ramp-up of a2 Pōkeno keep the focus on whether earnings growth can hold as the company rebuilds market share. Representative image.

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Food Industry News

a2 Milk revenue reaches NZ$1.97bn but China-label disruption makes FY27 recovery the real test

a2 Milk grew FY26 revenue 12.4%, but China-label sales fell 14%. FY27 now hinges on winning users back and ramping a2 Pōkeno.

August 17, 2026

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