Monthly Archives: May 2025

Wood Awarded $100 Million Decarbonisation Contracts to Reduce Flare Gas and Improve Carbon Efficiency in Iraq

(IN BRIEF) Wood has secured contracts valued at approximately $100 million to support flare gas reduction and carbon efficiency projects in Iraq’s largest oil fields. The work includes engineering, procurement, and construction services aimed at improving operational efficiency and supporting … Read the full press release

NHS Lanarkshire and University of Glasgow Forge Strategic Partnership to Enhance Healthcare and Research

(IN BRIEF) NHS Lanarkshire and the University of Glasgow have formalized a Strategic Partnership Agreement to transform healthcare delivery, advance clinical research, and improve health outcomes across Lanarkshire. This collaboration will focus on reducing health inequalities, enhancing patient care, and … Read the full press release

STMicroelectronics Partners with SP Group to Upgrade Cooling System and Reduce Carbon Emissions by 2,140 Tons Annually

(IN BRIEF) STMicroelectronics and Singapore Power (SP Group) have partnered to upgrade the cooling infrastructure at ST’s Toa Payoh site. The new dual-temperature cooling system will reduce energy consumption and carbon emissions by 2,140 tons annually. The system, designed to … Read the full press release

Royal Bank of Canada Becomes First Canadian Clearing Member of LCH CDSClear

(IN BRIEF) The Royal Bank of Canada (RBC) has joined LCH CDSClear as its first Canadian clearing member, gaining access to the platform’s broad range of credit derivative products. This move enhances RBC’s risk management capabilities while enabling the bank … Read the full press release

Shell Expands Stake in OML 118 with Acquisition of TotalEnergies’ 12.5% Share

(IN BRIEF) Shell Nigeria Exploration and Production Company (SNEPCo) has agreed to acquire TotalEnergies EP Nigeria Limited’s 12.5% stake in the OML 118 Production Sharing Contract, increasing Shell’s interest in the offshore Nigerian field to 67.5%. The acquisition enhances Shell’s … Read the full press release

bp Trinidad and Tobago Announces First Gas from Mento Development, Marks Key Milestone

(IN BRIEF) bp Trinidad and Tobago (bpTT) has announced the successful delivery of first gas from the Mento development, a 50/50 joint venture with EOG Resources Trinidad Ltd. The development, which features a 12-slot attended facility off the southeast coast … Read the full press release

TotalEnergies Sells 12.5% Stake in OML118 PSC to Shell Nigeria for $510 Million

(IN BRIEF) TotalEnergies has agreed to sell its non-operated 12.5% stake in the OML118 Production Sharing Contract to Shell Nigeria Exploration and Production Company Ltd (SNEPCo) for $510 million. The deal includes assets in the Bonga and Bonga North fields, … Read the full press release

Wolters Kluwer Acquires AI-Powered Legal Operations Platform Brightflag to Expand Reach in U.S. and European Markets

(IN BRIEF) Wolters Kluwer Legal & Regulatory has agreed to acquire Brightflag, an AI-powered legal spend and matter management software provider, for approximately €425 million. The acquisition, set to close by June 2025, will expand Wolters Kluwer’s presence among mid-size … Read the full press release

DNV Study Shows Companies Leveraging ESG Regulations to Strengthen Business Performance Amid Uncertainty

(IN BRIEF) A new study conducted by DNV and the University of Cambridge reveals that companies are using ESG regulations to enhance business performance, despite the regulatory uncertainty. The research found that 72% of businesses believe improving ESG compliance has … Read the full press release

Centrica Business Solutions Partners with Carpenter Ltd to Install 1MW Solar Array, Transforming Unused Land into Green Energy Source

(IN BRIEF) Centrica Business Solutions has partnered with Carpenter Ltd to decarbonise its Glossop manufacturing site by installing a 1MW solar array on a previously unusable steep bank. The solar farm, set to generate 1,025 MWh annually, will cover 15% … Read the full press release

Centrica Energy Expands into North America with New Office in New York to Support Gas Optimisation and Power Trading

(IN BRIEF) Centrica Energy is opening its first US office in New York, marking the company’s entry into North America’s gas optimisation market. Following its entry into power markets in 2024, Centrica Energy plans to build a comprehensive gas, power, … Read the full press release

Valio Partners in PRIMARY Project to Explore Grass Biorefineries and Sustainable Solutions for the Agricultural Sector

(IN BRIEF) Valio is a key partner in the EU-funded PRIMARY project, which aims to transform agricultural by-products into valuable resources. As part of the project, Valio is exploring grass biorefinery innovations, including using grass juice to fortify feed protein … Read the full press release

Nokia Expands Wi-Fi 7 Portfolio with New Beacon 4 and Beacon 9 Gateways for Ultra-Fast Home Connectivity

(IN BRIEF) Nokia has launched its Beacon 4 and Beacon 9 Wi-Fi 7 gateways, offering speeds up to three times faster than Wi-Fi 6. Designed to meet the growing demands of streaming, gaming, and smart home applications, the dual-band Beacon … Read the full press release

The Good Life Marks 50 Years with Feature-Length Special Exploring Its Legacy and Lasting Impact on British Comedy

(IN BRIEF) The Good Life, one of Britain’s most iconic sitcoms, celebrates its 50th anniversary with a feature-length retrospective special on U&Gold, The Good Life: Inside Out (1×120’). Hosted by Dame Penelope Keith, who played Margo Leadbetter, the special explores … Read the full press release

SGS Gains OSHA Approval to Add Five New NRTL Locations in Europe and Asia, Expanding Product Certification Services

(IN BRIEF) SGS has received approval from OSHA to expand its global network of Nationally Recognized Testing Laboratories (NRTLs) to new locations in Europe and Asia. Starting January 22, 2025, SGS will provide testing and certification for U.S. market products … Read the full press release

SGS’s Comprehensive Seed Testing Network Supports Canadian Growers with Advanced Solutions for Competitive Agriculture

(IN BRIEF) SGS has strengthened its support for Canadian farmers by offering extensive seed testing services across the country, combining local expertise with global testing standards. With laboratories in key agricultural regions such as Grande Prairie and Sherwood Park, SGS … Read the full press release

Dantaxi Joins Forces with Uber to Create the Most Accessible Mobility Platform in Denmark

(IN BRIEF) Dantaxi, Denmark’s largest taxi service, has been acquired by Uber, expanding Uber’s service to 75 out of 98 municipalities in Denmark. This move combines Uber’s advanced technology with Dantaxi’s well-established local presence, offering over 3,500 professional drivers across … Read the full press release

Rheinmetall to Unveil Advanced Military Solutions at CANSEC 2025, Including Mission Master CXT with Drone Integration

(IN BRIEF) Rheinmetall will showcase its latest military technologies at CANSEC 2025, including the Mission Master CXT with tethered drone integration, as part of its Uncrewed Ground Systems (UGS) family. The company will also display the MSU-GP 200T turbine-powered Air … Read the full press release

European Investment Bank Joins the Launch of the United Nations Ocean Investment Protocol to Drive Sustainable Ocean Economy

(IN BRIEF) The European Investment Bank (EIB) has expressed its full support for the launch of the United Nations Ocean Investment Protocol, a crucial framework aimed at aligning financial flows and business practices with a sustainable ocean economy. The Protocol, … Read the full press release

Orden Propuesta De Arresto E Incautación Contra Ricardo Salinas En Corte De EE.UU.

(NOTICIA EN BREVE) Un juez de la Corte Suprema del Estado de Nueva York está considerando una orden que declararía al magnate mexicano Ricardo Salinas Pliego en desacato civil, con una posible orden de arresto y encarcelamiento en EE.UU. Esto … Read the full press release