Search Results for: exploration

Merck’s MAVENCLAD Shows Sustained Reduction in Neuronal Injury for Multiple Sclerosis Patients

(IN BRIEF) Merck, a prominent science and technology company, has revealed new findings from the MAVENCLAD® (cladribine tablets) MAGNIFY-MS study at the 9th Joint ECTRIMS-ACTRIMS meeting in Milan. The study demonstrated that patients with relapsing multiple sclerosis (RMS) experienced a … Read the full press release

Volkswagen Collaborates with Mönchehaus Museum to Showcase Kaiserring Awardees Yuri Albert and Vadim Zakharov’s Influential Artwork

(IN BRIEF) The Volkswagen Group is proud to support the annual Kaiserring exhibition in Goslar, featuring the works of the 2023 Kaiserring awardees, Yuri Albert and Vadim Zakharov. This collaboration underscores Volkswagen’s commitment to promoting culture and the arts in … Read the full press release

Merck Partners with UN on Vital Training Course for Family Carers During European Carers Day

(IN BRIEF) Merck, a prominent science and technology company, has entered into a collaboration with the United Nations’ Global Initiative on Ageing (GIA) to offer a training course aimed at equipping family carers with essential skills. The course comprises five … Read the full press release

Eni Accelerates Energy Transition with Giant Gas Discovery off Indonesia’s East Kalimantan

(IN BRIEF) Eni, the global energy company, has made a significant gas discovery through the Geng North-1 exploration well off the coast of East Kalimantan in Indonesia. Preliminary estimates suggest a gas volume of 5 trillion cubic feet (Tcf) with … Read the full press release

TotalEnergies Continues Commitment to Angola’s Energy Landscape with Block 20 Deal

(IN BRIEF) TotalEnergies EP Angola Block 20 has completed the sale of a 40% stake in Block 20, located in Angola’s Kwanza Basin, to PETRONAS ANGOLA E&P LTD (PAEPL), a PETRONAS subsidiary, for $400 million as of January 1, 2023. … Read the full press release

Major Investment: Equinor and Ithaca Energy Greenlight $3.8 Billion Rosebank Project on UKCS

(IN BRIEF) Equinor and Ithaca Energy have committed $3.8 billion to Phase 1 of the Rosebank development in the UK North Sea. The project aims to recover around 245 million barrels of oil from the Rosebank field, located approximately 130 … Read the full press release

New Names Revealed for Vestide/Woonbedrijf’s Student Housing Buildings on TU/e Campus

(IN BRIEF) The names of three new student housing buildings, comprising a total of 735 units on the TU/e campus, have been unveiled by Roy Beijnsberger, General Director/Board Member of Woonbedrijf, and Robert-Jan Smits, President of the TU/e Executive Board. … Read the full press release

Merck Forms AI-Driven Drug Discovery Collaborations with BenevolentAI and Exscientia

(IN BRIEF) Merck, a prominent science and technology company, has announced strategic drug discovery collaborations with AI technology firms BenevolentAI and Exscientia. These partnerships aim to leverage AI-driven design and discovery capabilities to advance research efforts in key therapeutic areas, … Read the full press release

Equinor’s Johan Castberg Project Sees Nearly NOK 13 Billion Cost Increase, But Production Timeline Unchanged

(IN BRIEF) The Johan Castberg partnership, consisting of Equinor, Vår Energi, and Petoro, has announced an upward revision of the project’s cost estimate, with an increase of nearly NOK 13 billion compared to the previous year. Despite these cost escalations, … Read the full press release

Bentley Collaborates with Designer Supriya Lele, Showcasing Leather-Offcut Creations at London Fashion Week

(IN BRIEF) Bentley Motors has partnered with acclaimed fashion designer Supriya Lele to showcase a unique collaboration at London Fashion Week for the Spring/Summer 2024 season. As part of their shared commitment to craft, excellence, heritage, and luxury, Lele used … Read the full press release

TotalEnergies, Petrobras, and Casa dos Ventos Forge Partnership to Boost Renewable Energy and Low-Carbon Hydrogen in Brazil

(IN BRIEF) TotalEnergies, Petrobras, and Casa dos Ventos Holding have entered into a Memorandum of Understanding (MoU) to explore collaborative opportunities in the renewable energy and low-carbon hydrogen sectors in Brazil. Under this agreement, the three companies will jointly investigate … Read the full press release

LG Chem and Eni Explore Biorefinery Partnership to Produce Sustainable Fuels and Plastics in South Korea

(IN BRIEF) LG Chem, South Korea’s leading chemicals producer, and Italian energy group Eni Sustainable Mobility have announced their joint exploration of developing and operating a new biorefinery at LG Chem’s Daesan chemical complex in South Korea. The project aims … Read the full press release

TotalEnergies Launches Development Studies for Major Offshore Oil Project in Suriname

(IN BRIEF) TotalEnergies has initiated development studies for a major offshore oil project in Block 58, offshore Suriname. This follows the successful appraisal of the Sapakara South and Krabdagu oil discoveries, confirming a combined resource estimate of approximately 700 million … Read the full press release

Garpenberg Mine Prepares for Autonomous Rock Transport with Boliden and Volvo Autonomous Solutions

(IN BRIEF) Boliden, a prominent mining and smelting company, has teamed up with Volvo Autonomous Solutions (V.A.S.) in a strategic partnership aimed at introducing autonomous transport solutions in Boliden’s mining operations. Their first project will be initiated at the Garpenberg … Read the full press release

Creative Fusion: Art and Fragrance Collide in Symrise Perfumery School’s Workshop

(IN BRIEF) Symrise Perfumery School has introduced an innovative approach to trainee perfumer education through a two-day watercolor workshop titled “Forest. City. Fragrance.” Trainees visited Berlin and, guided by artists, translated their experiences of nature and urban environments into watercolor … Read the full press release

Sustainability Milestone: CapMan Hotels Fund Slashes Energy Usage Amidst Market Rebound

(IN BRIEF) The CapMan Real Estate Hotels Fund has made significant strides in transforming its portfolio towards sustainability between 2021 and 2022. Despite a post-pandemic market resurgence, the fund achieved a 37% reduction in CO2 emissions and a remarkable 8% … Read the full press release

Repsol to Sell Canadian Oil and Gas Assets to Peyto for $468 Million as Part of Portfolio Focus

(IN BRIEF) Repsol has entered into an agreement to sell its oil and gas assets in Canada to Peyto for $468 million, part of Repsol’s ongoing portfolio management to focus on core regions. The deal includes mineral rights, facilities, and … Read the full press release

ORLEN Group Expands Gas Production in Norway, Boosting Poland’s Energy Security

(IN BRIEF) The ORLEN Group is strengthening its presence in Norway and preparing to launch production from the Tommeliten Alpha field, which will yield an additional 0.5 billion cubic meters of natural gas annually. This is part of a series … Read the full press release

Castrol Partners with MIT to Test Lubricants for Lunar Surface Robotic Swarm

(IN BRIEF) Castrol has partnered with the Massachusetts Institute of Technology’s Media Lab to support the AstroAnt Payload Program. AstroAnts are miniature robots designed to perform inspections and diagnostic tasks on the surfaces of spacecraft, rovers, and landers. Castrol will … Read the full press release

Eni Partners with Oando PLC to Sell Nigerian Agip Oil Company Ltd and Focus on Core Strategy

(IN BRIEF) Eni, a prominent energy company, has revealed an agreement with Oando PLC, Nigeria’s indigenous energy solutions provider, for the sale of Nigerian Agip Oil Company Ltd (NAOC Ltd). NAOC Ltd, a wholly-owned Eni subsidiary, is dedicated to onshore … Read the full press release

TotalEnergies Strengthens Collaborative Energy Projects with Azerbaijan, Inaugurates Absheron Gas Field Phase

(IN BRIEF) TotalEnergies’ Chairman and CEO, Patrick Pouyanné, met with President Ilham Aliyev of Azerbaijan during the inauguration ceremony of the Absheron gas field’s first development phase. The gas field is currently producing 1.5 BCMA, with plans to increase production … Read the full press release

Fondation Botnar Invests CHF 50 Million to Expand Child Health Research at ETH Zurich and University of Basel

(IN BRIEF) Fondation Botnar is contributing an additional CHF 50 million to the University of Basel and ETH Zurich to expand the Botnar Research Centre for Child Health (BRCCH). This funding will facilitate the establishment of six new professorships focusing … Read the full press release

Timi Platform: Sarawak Shell Begins Gas Production with Hybrid Power System

(IN BRIEF) Sarawak Shell Berhad (SSB), a subsidiary of Shell plc, has announced the initiation of gas production from the Timi platform in Malaysia, operating under the SK318 production sharing contract (PSC). Unique for its hybrid solar and wind power … Read the full press release

Africa’s First Emission-Free Oil Production: Eni Launches Operations in Côte d’Ivoire’s Baleine Field

(IN BRIEF) Eni has initiated oil and gas production from the Baleine Field off the coast of Côte d’Ivoire, less than two years after its discovery in September 2021. This marks Africa’s first Scope 1 and 2 emissions-free production project. … Read the full press release

New Insights into Dark Matter: CERN’s NA62 and NA64 Experiments Report Progress

(IN BRIEF) CERN’s NA62 and NA64 experiments, located in the North Area, have made significant progress in understanding dark matter. Operating outside the LHC’s energy range, these experiments recently revealed new findings. NA62 investigated a rare kaon decay, excluding evidence … Read the full press release

TotalEnergies and INPEX Collaborate with PTTEP for Acquisition of AC-RL7 Permit in Australia

(IN BRIEF) TotalEnergies and INPEX have partnered with PTTEP to acquire the AC-RL7 permit in Australia. TotalEnergies will own 26% while INPEX will have a 74% stake and assume operatorship, subject to regulatory approval. The permit includes Cash and Maple … Read the full press release

TotalEnergies and SOCAR Divest Stake in Absheron Gas Field to ADNOC

(IN BRIEF) TotalEnergies and its partner SOCAR have signed an agreement to sell a 15% participating interest each in the Absheron gas field to ADNOC. Following the completion of this transaction, TotalEnergies will retain a 35% interest in the Absheron … Read the full press release

NASA-Backed Starlab Project Takes Shape with Voyager-Airbus Agreement

(IN BRIEF) Voyager Space and Airbus Defence and Space have jointly announced a transatlantic agreement to develop and operate Starlab, a commercial space station intended to succeed the International Space Station. Voyager was awarded a $160 million Space Act Agreement … Read the full press release

Anglo American Names John Heasley as New Finance Director to Drive Financial Strategy and Sustainable Mining Initiatives

(IN BRIEF) Anglo American plc has appointed John Heasley as Finance Director, effective by the end of 2023. Heasley currently serves as the Chief Financial Officer of The Weir Group PLC, a global engineering company. He will join Anglo American’s … Read the full press release

Eni’s Strategic Move: Acquiring Chevron’s Interests in East Kalimantan Blocks

(IN BRIEF) Eni, a global energy company, announces the successful acquisition of Chevron interests in the Indonesian Blocks Ganal PSC, Rapak PSC, and Makassar Straits PSC, located in the Kutei Basin, offshore East Kalimantan. Eni already held a 20% interest … Read the full press release

T-Systems Partners with IQM Quantum Computers to Offer Cloud Access to Quantum Systems for Enterprise Customers

(IN BRIEF) T-Systems has partnered with IQM Quantum Computers to offer its enterprise customers cloud access to IQM’s quantum systems. This expansion to a “multicloud” quantum landscape allows T-Systems customers to develop and train on IQM’s quantum infrastructure, potentially solving … Read the full press release

Škoda Auto Celebrates 20 Years of Tour de France Partnership with Electrifying Finale and Special Trophies

(IN BRIEF) The 110th Tour de France concluded with Danish rider Jonas Vingegaard winning the overall title, accompanied by a camouflaged new Superb Combi provided by Škoda Auto. The crystal trophies for the winners were created by Škoda’s design team. … Read the full press release

Thales Alenia Space Selected to Develop WEkEO 2.0 Platform for Enhanced Access to Copernicus Earth Observation Data

(IN BRIEF) Thales Alenia Space has signed a contract with the European Organization for the Exploitation of Meteorological Satellites (EUMETSAT) to provide cloud computing and related services for the WEkEO 2.0 platform. The platform, which replaces the current WEkEO Data … Read the full press release

EU Parliament Enacts Legislation to Boost Energy Efficiency and Tackle Climate Crisis

(IN BRIEF) The European Parliament has adopted new energy efficiency rules as part of the European Green Deal. The legislation sets targets for reducing energy consumption by 11.7% at the EU level by 2030, compared to projected figures. Member states … Read the full press release

Researchers Uncover Strong Link Between Bird Beak Shape and Nest Material Selection

(IN BRIEF) Researchers from the University of Bristol and the University of St Andrews have discovered that the choice of nest material in birds is influenced by the dimensions of their beaks. By using machine learning algorithms and data on … Read the full press release

TotalEnergies and Petronas’ Gentari Renewables to Drive Renewable Energy Transition in Asia-Pacific

TotalEnergies and Petronas' Gentari Renewables to Drive Renewable Energy Transition in Asia-Pacific

(IN BRIEF) TotalEnergies and Petronas’ Gentari Renewables have announced a strategic collaboration to develop renewable energy projects in the Asia Pacific region. The partnership aims to leverage TotalEnergies’ expertise in renewable energy and Petronas’ clean energy solutions to drive the … Read the full press release

Eni and Vår Energi Announce Agreement to Purchase Neptune Energy, Enhancing Low-Emission Operations

Eni and Vår Energi Announce Agreement to Purchase Neptune Energy, Enhancing Low-Emission Operations

(IN BRIEF) Eni and Vår Energi have announced their agreement to acquire Neptune Energy Group, a leading exploration and production company with gas-oriented operations in Western Europe, North Africa, Indonesia, and Australia. Eni will acquire Neptune’s global business, excluding Germany … Read the full press release

iGulu F1: Brewing Evolution Unleashed

iGulu Smart Capsule Homebrew Appliance F1

The Future of Homebrewing Has Arrived (IN BRIEF) The iGulu F1 Smart Capsule Homebrew Fermenter is a highly anticipated product that aims to revolutionize homebrewing. It combines tradition and technology to offer enthusiasts an unparalleled brewing experience. The F1 delivers … Read the full press release

Thales Alenia Space Advances Spanish Space Industry with Successful Integration of SPAINSAT NG Payloads

(IN BRIEF) Thales Alenia Space’s Tres Cantos facility in Spain has successfully integrated the SPAINSAT NG satellite communication payloads, marking a significant milestone for the Spanish space industry. The Communications Module of the SpainSat NG-I satellite has been transported to … Read the full press release

Fortum Signs MoU with KHNP to Enhance Safety and Efficiency of Nuclear Power Plants

(IN BRIEF) Fortum and Korea Hydro & Nuclear Power Co., Ltd. (KHNP) have signed a memorandum of understanding (MoU) to strengthen their collaboration in the field of nuclear power. The MoU covers cooperation and information exchange on future nuclear power … Read the full press release