Shares of Ophir Energy went up by about 35% when the news of Medico Energi’s interest in the company emerged. The merger would be adding Ophir’s 25,000 barrels of oil per day production capacity to that of Medco’s 85,000 barrels of oil per day. PT …
The move will offer CNTC’s international unit a bigger share in the global tobacco market China National Tobacco (CNTC), a state-owned manufacturer of tobacco products, has recently announced plans to list its international unit on the Hong Kong stock exchange despite growing pressures on the …
The field is estimated to produce approximately 200,000 barrels of oil on a daily basis. The production would be facilitated through the largest Floating Production Storage and Offloading built by the company. Total S.A. (Total), a French multinational integrated oil & gas company, has reportedly …
The nuclear energy venture is now looking for new partners as new U.S. regulations have forced it to abandon a deal with China. The U.S. Department of Energy had announced new regulations in October that restricted making nuclear deals with China. TerraPower LLC (TerraPower), a …
The U.S. Federal Communications Commission (FCC) granted Google the permission to operate the motion sensors at a power level higher than current norms. The devices, dubbed the Soli devices under Project Soli, facilitate an innovative way to control devices through gesture & touchless technology. Google, …
The funding comes after a year after Hellobike raised USD 350 million from investors including Ant Financial. China’s third-largest bike-sharing firm Hellobike has reportedly announced to have raised an undisclosed amount in a latest round of funding. As per trusted sources, Primavera Capital, a Chinese …
The Gasbol contracting would be carried out by means of a public call and its draft of the edict is anticipated to be placed for public consultation at the end of January. Reports have confirmed that the Brazilian unit of Royal Dutch Shell PLC and …
The model deployed in TaiGenomics utilizes the genetic analysis of the patient and heavily relies on machine learning algorithms. Tech giant Microsoft has reportedly partnered with Taiwan AI Labs for working on genetic analysis as well as precision medicine industry in the country. Apparently, the …
Canadian National Railway Co., the Montreal based Canadian Class I freight railway, recently announced that it is planning to build an experimental plant that will cost approximately $50 million in 2019 for the manufacturing of oilsands bitumen pucks that can be transported by ships and …
