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WASHINGTON President Donald Trump will sign an order on Tuesday aimed at making it easier for companies to produce energy in the United States, administration officials said on Sunday. Under Trump, the U.S. Environmental Protection Agency is aiming to aggressively roll back Obama-era environmental regulations. Trump plans to sign the executive order at the EPA to reduce “unnecessary regulatory obstacles that restrict the responsible use of domestic […]

The Australian government has signed a formal “Dialogue on Innovation” agreement with China that will see both countries exchange ideas between government representatives, business, and the research sector. Under the arrangement, both countries will contribute up to AU$6 million over three years to the next round of the Joint Research Centres, under the Australia-China Science and Research Fund (ACSRF), which supports strategic science, technology, and innovation collaboration […]

Ras Al Khaimah – UAE, 26 March 2017 Under the patronage of His Highness Sheikh Saud bin Saqr Al Qasimi, Member of the Supreme Council and Ruler of Ras Al Khaimah, and in the presence of His Excellency Sheikh Mohammed bin Humaid Al Qasimi, Managing Director of RAK Free Trade Zone, Managing Director of the Ras Al Khaimah Investment Authority, His Excellency Mohammed Ahmed Al Kait, Advisor […]

Advances in artificial intelligence and robotics are heightening concerns about automation replacing a growing number of occupations Are robots coming for your job? Although technology has long affected the labor force, recent advances in artificial intelligence and robotics are heightening concerns about automation replacing a growing number of occupations, including highly skilled or “knowledge-based” jobs. Just a few examples: self-driving technology may eliminate the need for […]

By Vladimir Soldatkin and Rania El Gamal | KUWAIT KUWAIT A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statement on Sunday. An earlier draft of the statement said the committee “reports high level of conformity and recommends six-month extension”. But the final statement […]

After a week dominated by questions over whether Donald Trump will be able to push his economic agenda through Congress, here are the questions FT markets reporters are asking in the final trading week of March. Will investors keep faith in Trump’s ability to drive tax cuts? That is the question facing equity markets after the White House failed to muster the support needed in the House […]

By Tsvetelia Tsolova and Angel Krasimirov | SOFIA SOFIA Bulgarians were voting in a snap general election on Sunday, with the centre-right GERB party challenged for power by Socialists who say they will improve ties with Russia even if it means upsetting the country’s European Union partners. Many Bulgarians feel a strong cultural affinity for Russia, with which they share the Cyrillic script and Orthodox Christianity and […]

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By Lucia Mutikani | WASHINGTON WASHINGTON New orders for U.S.-made capital goods unexpectedly fell in February, but a surge in shipments amid demand for machinery and electrical equipment supported expectations for an acceleration in business investment in the first quarter. Manufacturing is recovering from a prolonged slump, driven by the energy sector, bucking a slowdown in the broader economy. The Federal Reserve last week described business investment […]

The first charter flight that flew close to the Antarctic Circle from New Zealand returned on Friday with excited passengers having a close look at the Aurora Australis phenomenon in green hues, also known as Southern Lights. Buoyed by the good response, the organizer is looking to plan more fights in the future. The initiative was taken by Ian Griffin, an Otago museum director and astronomer himself. Having […]

The oil market may return to balance by the third quarter of this year if producers comply with their deal to cut output, otherwise the timeframe for rebalancing could be pushed out further, Kuwaiti oil minister Essam al-Marzouq said on Sunday. Marzouq told reporters that there needed to be 100 percent compliance among producers with the deal. Earlier, Russia’s energy minister said compliance was at 94 percent. […]

Researchers suggest reforming US solar policies and encourage closer collaboration between the United States and China on solar energy in a new report. (via WSJ)

25 March 2017 Atlanta – The Coca-Cola Company today announced a number of senior leadership appointments to drive its ongoing transformation into a growth-oriented, consumer-centered, total beverage company. Key changes, which will be effective when President and COO James Quincey becomes Chief Executive Officer on May 1, include: Combining Global Marketing, Customer and Commercial Leadership, and Strategy into one combined function under the leadership of a new […]

Tesla CEO Elon Musk has confirmed that the highly anticipated Tesla solar roof tiles will be available to order starting in April. As global warming poses increasingly worrisome threats, the race is on to find cleaner energy solutions to reduce the carbon footprint and protect the environment. Tesla is among the most avid clean energy supporters and it’s been making notable efforts in the field, aiming to deliver environmentally […]

Martin Fink’s vision starts with petabyte-scale memory systems. One of the keynotes at the recently concluded Non-Volatile Memory Workshop 2017 was given by Martin Fink, a 31-year HP veteran and newly appointed CTO of Western Digital. Martin ran HP Labs, and HP’s high-end server business, and has been thinking about memory-centric computing for years. If the terms “memristor” and “polymorphic computing” ring a bell, you can thank […]

Scientists have succeeded in ‘filming’ inter-molecular chemical reactions – using the electron beam of a transmission electron microscope (TEM) as a stop-frame imaging tool. They have also discovered that the electron beam can be simultaneously tuned to stimulate specific chemical reactions by using it as a source of energy as well as an imaging tool. (via WSJ)

Platinum is a very expensive metal and it is therefore one of the bottlenecks hindering the growth of renewable energy. Platinum is used as the catalyst in electrolysers that store electric energy as chemical compounds, and it also plays an important role in fuel cells, catalytic converters and many chemical processes used in industry. A group of Aalto University researchers led by professors Tanja Kallio and Kari […]

An outstanding conundrum on what happens to the laser energy after beams are fired into plasma has been solved in newly-published research. (via WSJ)

By Jeff Mason and Ethan Lou | WASHINGTON/CALGARY WASHINGTON/CALGARY U.S. President Donald Trump’s administration approved TransCanada Corp’s Keystone XL pipeline on Friday, cheering the oil industry and angering environmentalists even as further hurdles for the controversial project loom. The approval reverses a decision by former President Barack Obama to reject the project, but the company still needs to win financing, acquire local permits, and fend off likely […]

Chinese oil companies are turning their focus to overseas retail and services markets, as slowing growth in domestic fuel demand makes their traditional home market less attractive. Sinopec this week agreed to buy Chevron’s 75 per cent stake in a Cape Town refinery, affiliated service stations and convenience stores in South Africa and Botswana for $900m. It was the only remaining bidder after a year-long tender process. […]

MOSCOW — It’s 2017, and the new Cold War is in full swing. The West is winning, for now. U.S. sanctions have impoverished Russia. But the two sides are poised at a critical juncture. The Russians have come up with new technology to drill for gas that could send their economy skyrocketing again, putting the West on the back foot. And so, the CIA sends President Donald […]

In this March 21, 2017 photo engineer Volkmar Dohmen stands in front of xenon short-arc lamps in the DLR German national aeronautics and space research center in Juelich, western Germany. The lights are part of an artificial sun that will be used for research purposes. (Caroline Seidel/dpa via AP) Scientists in Germany are flipping the switch on what’s being described as “the world’s largest artificial sun,” hoping […]

The company committed to deliver more than 45,000 training hours for Ghanaian personnel over the next five years, as it seeks to build a world-class team locally TAKORADI, Ghana, March 22, 2017/ — Takoradi service facility underlines GE’s commitment to bring global expertise and build local capabilities in Africa. Investment to include training of Ghanaian workforce and partnerships with educational institutions. New facility will directly support Eni’s […]

UAE, March 23, 2017 – Drake & Scull International PJSC (“DSI” or the “Company”), a regional engineering and services leader, signed today the sale deal of its ownership share in the ONE PALM development in Dubai. The ONE PALM development, a joint venture project between Omniyat Properties and DSI, was launched in 2014. The flagship project is located on the left trunk of Palm Jumeirah and is […]

By Henning Gloystein | SINGAPORE SINGAPORE Oil prices recovered on Thursday from losses chalked up the session before, but the market remained under pressure as bloated U.S. crude inventories and rising output dampen OPEC-led efforts to curb global production. Brent crude futures, the international benchmark for oil, were at $50.82 per barrel at 0807 GMT, up 18 cents, or 0.4 percent, from their last close. That came […]

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