Search Results for: exploration

EcoDataCenter Adopts Recycled Steel Heat Exchangers to Slash Data Center Carbon Emissions

Posted on 10, January 2024 by

(IN BRIEF) EcoDataCenter, a leading sustainable data center provider, is set to make an industry-first move by deploying Alfa Laval heat exchangers made from recycled steel produced without new CO2 emissions from SSAB. This collaboration marks a significant step towards … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Sweden, Technology

Tagged , , , , , , , , ,

Merck KGaA Partners with Inspirna to Advance Novel Therapy for RAS-mutated Colorectal Cancer

Posted on 5, January 2024 by

(IN BRIEF) Merck KGaA, Darmstadt, Germany, has entered into a licensing agreement with Inspirna, Inc. for ompenaclid (RGX-202), a first-in-class oral inhibitor of the creatine transport channel SLC6A8, and SLC6A8-targeting follow-on compounds, currently under Phase II evaluation for the second-line … Read the full press release →

Posted in Business, Environment, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology

Tagged , , , , , , , , ,

BBVA Harnesses In-House Talent for Generative AI Training Through DataRally Competition

Posted on 5, January 2024 by

(IN BRIEF) BBVA is exploring the potential of generative artificial intelligence for enhancing organizational processes and customer value. To equip its in-house talent with the skills needed to harness large language models (LLMs), BBVA organized a DataRally competition in which … Read the full press release →

Posted in Artificial Intelligence (AI), Banks, Business, Financial, Industrial, Investment, Management, News, Spain, Technology

Tagged , , , , , , , ,

Equinor and SOCAR Forge Agreement on Azerbaijan Asset Divestment and Low-Carbon Collaboration

Posted on 22, December 2023 by

(IN BRIEF) Equinor has signed an agreement to sell all its remaining assets in Azerbaijan to SOCAR (State Oil Company of Azerbaijan Republic). These assets include stakes in the Azeri Chirag Gunashli (ACG) oil fields, the Baku-Tbilisi-Ceyhan (BTC) pipeline, and … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, Investment, Norway

Tagged , , , , , , , , , ,

Equinor and Shell Approve Sparta Project to Boost Gulf of Mexico Production

Posted on 20, December 2023 by

(IN BRIEF) Equinor and Shell Offshore Inc. have jointly made the final investment decision for the Sparta deepwater development in the US Gulf of Mexico. Equinor holds a 49 percent stake in the project, which is expected to produce up … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, Norway

Tagged , , , , , , , , ,

Delft Bioengineering Institute Recognizes Outstanding MSc Graduates in Bioengineering

Posted on 20, December 2023 by

(IN BRIEF) The Delft Bioengineering Institute (BEI) has announced the winners of its annual cross-campus competition for MSc students who excelled in their graduation projects in bioengineering. In 2023, three students—Thomas Michalica, Linde Spoelstra, and Thomas Mooijman—stood out for their … Read the full press release →

Posted in Awards, Business, Education, Financial, Industrial, Management, Netherlands, News, Science, Technology

Tagged , , , , , , ,

Delft Bioengineering Institute Funds Six Innovative Bioengineering Research Projects

Posted on 20, December 2023 by

(IN BRIEF) The Delft Bioengineering Institute (BEI) has selected six outstanding interdisciplinary research projects for funding in the field of bioengineering. These projects, which received €20,000 each, encompass a wide range of innovative topics, including the detection of tumor-derived DNA … Read the full press release →

Posted in Business, Education, Financial, Industrial, Investment, Management, Netherlands, News, Science, Technology

Tagged , , , ,

TotalEnergies and Nigeria Strengthen Long-Term Partnership, Commit to Emissions Reduction

Posted on 19, December 2023 by

(IN BRIEF) TotalEnergies’ Chairman and CEO, Patrick Pouyanné, met with Nigerian President Bola Ahmed Tinubu to reaffirm the enduring partnership between TotalEnergies and Nigeria. Over the past decade, TotalEnergies has been the largest private energy investor in Nigeria, with significant … Read the full press release →

Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News

Tagged , , , , , ,

DNV and Shandong Shipping Tanker Launch Joint Innovation Studio for Maritime Digitalization and Sustainability

Posted on 17, December 2023 by

(IN BRIEF) DNV and Shandong Shipping Tanker Co., Ltd (SDST) have announced the establishment of a Joint Innovation Studio to foster collaboration in digitalization and sustainability within the maritime industry. The studio, based at SDST’s Qingdao headquarters, aims to support … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology, Transportation & Logistics

Tagged , , , , , , , ,

Boliden’s Climate Targets Validated and Approved by Science Based Targets Initiative (SBTi)

Posted on 15, December 2023 by

(IN BRIEF) Boliden, a pioneering mining and metals company, has achieved validation and approval for its climate targets from the Science Based Targets initiative (SBTi), making it one of the first companies in the industry to do so. Boliden’s ambitious … Read the full press release →

Posted in Awards, Business, Environment, Management, Metals and Minerals, News, Sweden

Tagged , , , , ,

Equinor to Acquire Shell’s Stake and Operatorship of Linnorm Discovery in Norwegian Sea

Posted on 15, December 2023 by

(IN BRIEF) Equinor has reached an agreement to purchase Shell’s equity stake and operatorship of the Linnorm discovery in the Norwegian Sea. This acquisition will grant Equinor a 30% interest in PL 255, which covers the Linnorm discovery, subject to … Read the full press release →

Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, United Kingdom

Tagged , , , , , , , ,

Škoda Auto Ventures into Fortnite with ‘Out of Bounds Odyssey’ to Connect with Gen Z Gamers

Posted on 14, December 2023 by

(IN BRIEF) Škoda Auto, known for its innovation in the digital realm, is reaching out to younger audiences by introducing its brand within the popular online video game Fortnite. The carmaker has crafted a unique gaming experience with the Fortnite … Read the full press release →

Posted in Automotive, Business, Czech Republic, Entertainment, Industrial, Management, Media, News, Technology

Tagged , , , , ,

PGNiG Upstream Norway Partners with Horisont Energi for Major Carbon Storage Project in Barents Sea

Posted on 12, December 2023 by

(IN BRIEF) PGNiG Upstream Norway, a part of the ORLEN Group, has signed an agreement with Horisont Energi AS to acquire a 50% interest in the CO2 exploration license Polaris in the Barents Sea. This partnership signifies a significant step … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Poland

Tagged , , , , , , , ,

Thales Alenia Space Signs Contract to Provide Earth Observation Constellation for Indonesian Ministry of Defence

Posted on 8, December 2023 by

(IN BRIEF) Thales Alenia Space, a joint venture between Thales and Leonardo, has inked a multi-mission agreement with PT Len Industri to develop an advanced Earth observation constellation featuring both radar and optical sensors for the Indonesian Ministry of Defence … Read the full press release →

Posted in Aviation & Aerospace, Business, Defence, Financial, France, Government, Industrial, Investment, Management, News, Technology

T-Systems and Anaqor AG Partner to Simplify Quantum Computing for European Businesses

Posted on 8, December 2023 by

(IN BRIEF) T-Systems and Anaqor AG have joined forces to facilitate businesses’ entry into quantum technology. Anaqor AG’s PlanQK platform offers ready-made quantum algorithms and applications, while T-Systems provides access to real quantum computers and consulting services. This collaboration empowers … Read the full press release →

Posted in Business, Financial, Germany, Industrial, Investment, News, Technology, Telecom

Tagged , , , , , , , ,

EBRD Approves New Strategy Focusing on Sustainable Mining for Green and Digital Transition

Posted on 1, December 2023 by

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has unveiled a new mining sector strategy outlining its priorities until 2029. Recognizing the mining industry’s pivotal role in developing environmentally friendly economies in line with the Paris Agreement, the … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Technology, United Kingdom

Tagged , , , ,

Merck Expands Biologics Testing Center in China to Support Local Biopharma Innovation

Posted on 22, November 2023 by

(IN BRIEF) Merck has completed the second phase of its new €29 million Biologics Testing Center in China, adding 1,500 square meters to the facility. This expansion includes the first biosafety laboratories for Merck in the Chinese market, enabling clients … Read the full press release →

Posted in Business, Economy, Environment, Financial, Germany, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, News, Pharma & Biotech, Science, Technology

Tagged , , , , ,

ORLEN Group’s PGNiG Upstream Norway Expands Natural Gas Operations with KUFPEC Norway Acquisition

Posted on 21, November 2023 by

(IN BRIEF) PGNiG Upstream Norway, a subsidiary of the ORLEN Group, is set to take control of KUFPEC Norway, a hydrocarbon producer, significantly boosting the ORLEN Group’s natural gas output in Norway by over one-third, reaching 4 billion cubic meters … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Norway, Poland

Tagged , , , , , , , , ,

Newcastle University Hosts ‘Exploring Polar Environments’ Day to Inspire Young Scientists and Challenge Stereotypes in Polar Research

Posted on 20, November 2023 by

(IN BRIEF) Newcastle University is welcoming hundreds of schoolchildren for the ‘Exploring Polar Environments’ day, an initiative organized by polar scientists to educate students about polar science and the career prospects it offers. The event aims to challenge stereotypes surrounding … Read the full press release →

Posted in Business, Education, Environment, Industrial, Management, Media, News, Science, Technology, United Kingdom

Tagged , , , , ,

Boliden Ramps Up Reclamation Provisions by SEK 3.8 Billion for Aitik and Garpenberg Mines

Posted on 16, November 2023 by

(IN BRIEF) In a significant development, Boliden has decided to bolster its provisions for reclamation by SEK 3.8 billion, primarily attributed to ambitious reclamation plans for its Aitik and Garpenberg mines. This decision will trigger an annual depreciation rise of … Read the full press release →

Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Sweden

Tagged , , , , , ,

SEB Sets Ambitious 2030 Sector Targets to Accelerate Towards Net-Zero Credit Portfolio

Posted on 16, November 2023 by

(IN BRIEF) SEB, a leading financial services group, has revealed its 2030 sector targets aimed at aligning its credit portfolio with net-zero emissions goals. These targets, covering sectors like oil & gas, power generation, steel, car manufacturing, and more, are … Read the full press release →

Posted in Banks, Economy, Environment, Financial, Industrial, Investment, Management, News, Sweden

Tagged , , , ,

Henkel Adhesive Technologies Recognizes Strategic Partners with Annual Supplier Awards

Posted on 14, November 2023 by

(IN BRIEF) Henkel Adhesive Technologies has presented its annual Supplier Awards to recognize the successful collaboration with its strategic partners for the 10th consecutive year. In 2023, awards were given to Kraton, Wanhua, and Kolon in the categories of Sustainability, … Read the full press release →

Posted in Awards, Business, Chemicals, Environment, Germany, Industrial, Management, News, Technology

Tagged , , , , , , , , , , , , ,

MOL Group Reports Q3 2023 Financial Results, Raises Full-Year EBITDA Guidance to $2.8 Billion

Posted on 10, November 2023 by

(IN BRIEF) MOL Group has announced its financial results for Q3 2023, reporting a clean CCS EBITDA of USD 976 million, a 33% decrease compared to the same period last year. Windfall taxes in the CEE region significantly impacted results, … Read the full press release →

Posted in Business, Economy, Energy, Gas & Oil, Financial, Hungary, Industrial, Investment, Management, News

Tagged , , , ,

Bentley’s Iconic Design Transforms Contest Yacht’s Interior for Discerning Client

Posted on 9, November 2023 by

(IN BRIEF) Bentley Motors and Contest Yachts have collaborated to create a bespoke Bentley yacht interior for a client, featuring materials and techniques from Bentley cars. The interior design project pushed creative boundaries, using 3D printing for feasibility testing and … Read the full press release →

Posted in Automotive, Transportation & Logistics, Travel, United Kingdom

Tagged , , , , , , ,

Associated British Ports and Taiwan International Ports Corporation Collaborate on Floating Offshore Wind Development

Posted on 9, November 2023 by

(IN BRIEF) Associated British Ports (ABP) has signed a memorandum of understanding (MOU) with Taiwan International Ports Corporation (TIPC) to collaborate on floating offshore wind (FLOW) projects. The MOU allows for information sharing and experience exchange related to FLOW port … Read the full press release →

Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Transportation & Logistics, United Kingdom

Tagged , , , , , , , , ,

European Space Pioneer Chiara Manfletti Leads Research for Sustainable Space Travel at TUM

Posted on 7, November 2023 by

(IN BRIEF) Chiara Manfletti, a prominent figure in European space exploration, has joined the Technical University of Munich (TUM) as a leading expert in aerospace engineering. Her diverse career includes key roles at the German Aerospace Center (DLR), the European … Read the full press release →

Posted in Aviation & Aerospace, Business, Education, Environment, Germany, Industrial, Management, News, Technology, Travel

Tagged , , , , , , , ,

Equinor Makes Commercially Viable Gas Discovery Near Gina Krog Field in the North Sea

Posted on 7, November 2023 by

(IN BRIEF) Equinor has announced a commercially viable gas discovery near the Gina Krog field in the North Sea. Although the discovery is relatively small, it is considered commercially viable due to its ability to leverage existing infrastructure by the … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, News, Norway

Tagged , , , , , , , ,

NatWest Enhances Virtual Assistant ‘Cora’ with Generative AI for Improved Customer Engagement

Posted on 7, November 2023 by
NatWest Survey: UK Regional Business Activity Slows in July 2023, Employment Holds Steady while Inflation Trends Vary

(IN BRIEF) NatWest, in collaboration with IBM, has announced updates to its virtual assistant, Cora, utilizing generative AI to provide customers with an expanded range of information through conversational interactions. This innovation makes NatWest one of the first banks in … Read the full press release →

Posted in Banks, Business, Environment, Financial, Industrial, Investment, Management, News, Technology, United Kingdom

Tagged , , , , , , , , , , ,

TotalEnergies Extends Partnership with Oman LNG, Commits to GHG Emission Reduction

Posted on 2, November 2023 by

(IN BRIEF) TotalEnergies has extended its partnership with Oman LNG, a liquefied natural gas (LNG) joint venture, for ten more years beyond 2024. This extension also covers the adjacent Qalhat LNG project, which has been extended for five years. As … Read the full press release →

Posted in Business, Energy, Gas & Oil, France, Industrial, Investment

Tagged , , , , , , , , , , , , , ,

Merck and Hengrui Unite for Pioneering Cancer Therapies Worldwide

Posted on 30, October 2023 by

(IN BRIEF) Merck, a prominent science and technology company, has entered into a strategic partnership with Jiangsu Hengrui Pharmaceuticals. This collaboration includes an exclusive global license (excluding China) to develop and commercialize Hengrui’s advanced PARP1 inhibitor, HRS-1167. Additionally, there is … Read the full press release →

Posted in Germany, Healthcare, Pharma & Biotech

Tagged , , , , , , , , , , , , , , , , , , , , , ,

University of Liverpool Affiliated Charity MOWLL Marks 20 Years of Impact: Bridging Gaps and Inspiring Change

Posted on 30, October 2023 by

(IN BRIEF) MOWLL (Moving On With Life & Learning), a charitable organization affiliated with the University of Liverpool, is commemorating its 20th anniversary of community support and social inclusion initiatives for individuals with various social care needs. MOWLL offers a … Read the full press release →

Posted in Education, Society, United Kingdom

Tagged , , , , , , , , , , , , , , , , , , , , , , , ,

thyssenkrupp Uhde to Supply Green Methanol and Methanol-to-Gasoline Plant for ENOWA’s Sustainable Fuel Production in Saudi Arabia

Posted on 27, October 2023 by

(IN BRIEF) thyssenkrupp Uhde has secured a contract from ENOWA to provide engineering services and equipment for a CO2-to-methanol and methanol-to-gasoline demonstration plant in Saudi Arabia. The plant, a joint project by ENOWA and Aramco, will use the uhde® green … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology

Tagged , , , , , , , , , , , , ,

Eni’s LNG Strategy: New 0.8 bcm Agreement Fuels Growth in Key Asian Markets

Posted on 26, October 2023 by

(IN BRIEF) Eni, a global energy company, has signed a significant LNG sales agreement with Merakes LNG Sellers for 0.8 billion cubic meters (bcm) annually, starting from January 2024 for three years. This complements their existing 1.4 bcm per year … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, Italy

Tagged , , , , ,

Thales Alenia Space and Partners Collaborate on Digital Twin Earth Prototype for Flood Prediction in Luxembourg

Posted on 24, October 2023 by

(IN BRIEF) The Luxembourg Space Agency (LSA) has been supporting Thales Alenia Space, along with partners the Luxembourg Institute of Sciences and Technologies (LIST) and PricewaterhouseCoopers Luxembourg (PwC), in their initiative to create a Proof of Concept for a flood … Read the full press release →

Posted in Business, Defence, Environment, Financial, Industrial, Investment, Luxembourg, Management, News, Security & Safety, Technology

Tagged , , , , , , , , , , ,

bp Commences Full Commercial Operation of Third LNG Train at Tangguh Facility in Indonesia

Posted on 20, October 2023 by

(IN BRIEF) bp, in collaboration with the Tangguh production sharing contract partners, has initiated full commercial operation of the third liquefaction train at the Tangguh LNG facility located in Papua Barat, Indonesia. The expansion project, which includes the new train, … Read the full press release →

Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom

Tagged , , , , , , ,

Equinor and Partners Achieve Early Success with Breidablikk Field Production in North Sea

Posted on 20, October 2023 by

(IN BRIEF) Equinor, along with partners Petoro, Vår Energi, and ConocoPhillips, has started production at the Breidablikk field in the North Sea, four months ahead of schedule and within budget. The subsea field, tied to the Grane platform, contains nearly … Read the full press release →

Posted in Energy, Gas & Oil, Industrial, Norway

Tagged , , , , , , , , , , ,

voestalpine Unveils Cutting-Edge Special Steel Plant in Kapfenberg, Austria, Enhancing Regional Economy and Sustainability

Posted on 19, October 2023 by

(IN BRIEF) voestalpine has officially opened an advanced special steel plant in Kapfenberg, Austria, marking a significant technological advancement in high-performance materials for automotive, energy, and aerospace industries. The plant, known for its high degree of digitalization and sustainability, is … Read the full press release →

Posted in Austria, Business, Economy, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology

Tagged , , , , , , , ,

Merck Outlines Resilience and Growth Strategy, Targets Fiscal 2024 for Sales Uptick

Posted on 19, October 2023 by

(IN BRIEF) Merck, a leading science and technology company, has announced its expectation to return to organic sales growth in fiscal 2024. This was revealed during the company’s Capital Markets Day. Despite challenging market conditions in its Life Science and … Read the full press release →

Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Financial, Germany, Healthcare, Management, Pharma & Biotech, Technology

Tagged , , , , , , , , , , , , ,

Merck to Showcase Oncology Portfolio Advancements at ESMO 2023, Highlighting Key Cancer Treatment Breakthroughs

Posted on 17, October 2023 by

(IN BRIEF) Merck, a leading science and technology company, is set to present 28 abstracts at the 2023 European Society of Medical Oncology (ESMO) Annual Meeting in Madrid. These abstracts will showcase the latest research on Merck’s oncology portfolio, addressing … Read the full press release →

Posted in Business, Germany, Healthcare, Management, Media, News, Pharma & Biotech, Science, Spain, Technology

Tagged , , , , , , , , , , , ,

Merck’s Evobrutinib Shows Long-Term Efficacy and Improved Quality of Life in Multiple Sclerosis Patients, Revealing Potential RMS Treatment Advancements

Posted on 12, October 2023 by

(IN BRIEF) Merck has presented new data on evobrutinib, an investigational BTK inhibitor, at the 9th Joint ECTRIMS-ACTRIMS congress. The data from an ongoing Phase II open-label extension study of evobrutinib in patients with relapsing multiple sclerosis (RMS) show sustained … Read the full press release →

Posted in Business, Education, Germany, Healthcare, Industrial, Management, News, Pharma & Biotech, Science

Tagged , , , , , ,