Houston-based Black Bear Transmission has completed the acquisition of Ozark Gas Transmission (OGT) and Ozark Gas Gathering (OGG) in the US from a subsidiary of Canadian energy infrastructure firm Enbridge. The financial details of the transaction have not been disclosed. Ozark Gas Transmission is the owner and operator of a 367-mile interstate natural gas pipeline […]
Cryopeak LNG Solutions has begun construction on a new liquefied natural gas production facility (LNG production plant) in Fort Nelson, British Columbia, Canada. The LNG production plant is expected to produce up to about 90,000 gallons of LNG per day. Cryopeak LNG Solutions claims it to be the first 100% funded and permitted LNG production […]
Uirapuru oil discovery : Petróleo Brasileiro (Petrobras) has pulled off an oil discovery in the Uirapuru block in the Santos Basin pre-salt in Brazilian waters through the drilling of a pioneer well. The Brazilian oil giant said that the pioneer well is located nearly 200km off the coast of the city of Santos in São […]
Equinor said that the first phase of the Johan Sverdrup project in the North Sea is expected to hit plateau production in early May, which is much earlier than previously anticipated by the company and its partners. The Norwegian oil and gas giant said that by the end of March, the daily oil production at […]
Dubai-based World Investments will be investing AUD433 million ($274.94 million) in Australian neobank Xinja Bank. The financing will be done over a period of 24 months, with an initial investment of AUD160 million ($101.6 million). In September 2019, the fully digital and mobile bank was granted a full banking licence. Following which, it launched its […]
Refinitiv, a London-based financial market data and infrastructure provider, has invested in and signed a partnership agreement with ModuleQ, a Microsoft partner for Office 365 and Microsoft Teams. The partnership between Refinitiv and ModuleQ is expected to offer proactive, mission-critical business information directly in their workflow, to professionals across various industries. ModuleQ’s intelligent app is […]
behold.ai claimed that its artificial intelligence-based red dot algorithm has been shown to have quickly identified chest X-rays from COVID-19 patients as ‘abnormal’. The UK-based healthtech company expects the ‘instant triage’ to enable an expedited diagnosis of novel coronavirus cases and ensure resources are properly allocated. According to behold.ai, its red dot algorithm was trained […]
RWE, a German electric utility company, has begun commercial operations on the 151MW Peyton Creek Wind Farm in Matagorda County, Texas. The commissioning of the Texan wind farm located in the ERCOT south market comes almost a year after its previous owner E.ON began construction. It can be noted that E.ON transferred its renewables business […]
Thermo Fisher acquisition of Qiagen : US life sciences company Thermo Fisher Scientific has agreed to acquire Qiagen, a Netherlands-based provider of molecular diagnostics and sample preparation technologies in an all-cash deal worth around $11.5 billion. The deal includes the assumption of nearly Qiagen’s $1.4 billion of net debt by the US firm. Thermo Fisher […]
SiOnyx, an infrared imaging technology company, has launched SiOnyx Pro, a new HD color day/night action video camera priced at $799. The SiOnyx Pro video camera, which was showcased at the SHOT Show, expands on the ultra-low-light sensor technology of SiOnyx with upgraded imaging abilities and the ability to use an augmented reality software update. […]