Oil and Gas
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GM Expands AI Collaboration with NVIDIA to Advance Vehicle, Factory Innovations
General Motors (GM) Strengthens AI Partnership with NVIDIA for Smarter Vehicles & Factories General Motors (GM) is deepening its partnership…
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Dareesoft Completes Successful Road Hazard Detection PoC in Dubai, Eyes Middle East Expansion
South Korean-based Tech Company Dareesoft Inc., has completed a proof of concept (PoC) for its RiaaS (Road Hazard Information as…
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Yango Launches Yango Drive, Digital Car Rental App
Tech-based firm Yango, on Monday, launched Yango Drive, a new digital car rental platform in Dubai which aims a convenient…
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Nigeria’s Ogbonnaya says Country Requires $20bn Annual Investment in Gas Infrastructure to Boost Expansion
Nigeria requires an estimated $20 billion annual investment in gas infrastructure to boost expansion, said Dr Orji Ogbonnaya, executive secretary…
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ONGC Plans to Set Up Two Oil-to-Chemical Plants in India
Oil and Natural Gas Corp Ltd (ONGC) is looking at setting up two oil-to-chemical plants in India to convert crude…
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India Hikes Windfall Tax on Domestic Crude to Rs 4250 per tonne from August 1
India hikes windfall tax on domestically produced petroleum crude. The Special Additional Excise Duty (SAED) on crude petroleum increased from…
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UAE extends cooperation to Bangladesh to help overcome energy crisis
Bangladesh’s energy sector is heavily reliant on imports. The country has been importing LNG from Qatar and Oman to meet…
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Abu Dhabi’s ADNOC Gas to raise $2B from IPO
Abu Dhabi National Oil Co (ADNOC), the state-owned oil giant, announced on Thursday that it has set a pricing range…
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Rolls-Royce completes tests on hydrogen-powered jet engine
The world’s first hydrogen-powered aircraft engine has been successfully operated by Britain’s Rolls-Royce, demonstrating that the gas could be essential…
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Volocopter aims for $10bn IPO, urban air mobility as the Tesla of the sky
Despite ongoing interest from potential suitors, Saudi-backed Volocopter, the inventor of the air taxi, said it anticipates remaining independent until…
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