CNOOC and ADNOC ink new agreement on oil refining and LNG trade

China National Offshore Oil Co (CNOOC) and Abu Dhabi National Oil Co (ADNOC) have recently signed a memorandum of understanding (MOU) for liquefied natural gas (LNG) trade, oil refining as well as upstream exploration & development acti....

Sun Cable proposes to build worlds largest solar farm in Australia

Singapore-based power cables providing company Sun Cable recently proposed the establishment of a S$19 billion solar farm near Tennant Creek which will be connected by a 3,800km cable to Singapore and is estimated to be the world&rsquo....

VMware to buy machine learning acceleration startup Bitfusion

The Texas-based start-up has created an elastic & virtual OS for hardware accelerators. VMware Inc., a software company, recently announced plans to acquire Bitfusion, a Texas-based firm that delivers ground-breaking AI infrastructure ....

GRC partners with Nihon Form Services for data center cooling in Japan

A leading provider of data center immersion cooling, GRC has reportedly announced its new partnership and licensing agreement with Tokyo-based IT and communications equipment manufacturer, Nihon Form Services (NFS). Apparently, NFS will hel....

Bayer confirms move to add 500 jobs at its Creve Coeur facility

Bayer AG, the Germany-based multinational pharmaceutical and life sciences company, plans to bring 500 hundred jobs to Creve Coeur campus and has invested US$164 million for the facility’s improvement. Missouri’s Governor Mike ....

Oyo acquires co-working space startup Innov8 for INR 200 crores

The purchase marks Oyo’s first footprint into the commercial real estate segment. In a bid to expand its business operations to 50 centers by the end of 2019, India’s leading hospitality chain – Oyo Hotels & Homes has....

Chevron plans hydropower-driven LNG plant to minimize CO2 emissions

Chevron Corp. is reportedly in talks to seek approval for the modification of its LNG export facility on the Pacific Coast of Canada into an all-electric project. Evidently Chevron, along with its partner Woodside Petroleum Ltd., had annou....

SSG opens new office in Hong Kong to expand operations in Asia-Pacific

Selling Simplified Group Inc., a privately-held provider of marketing solutions and B2B data, recently announced that it has expanded its presence in the Asia pacific (APAC) region following the opening of its new office in Hong Kong. The n....

GE Renewable Energy to provide 81 wind turbines to Polish wind farm

GE Renewable Energy, a division of General Electric, recently announced that it will be providing 81 onshore wind turbines to Potegowo Wind Project. The wind project is located in Slupsk County in Northern Poland with a capacity of 220 MW. ....

Cal-X acquired by Prototek, CORE Industrial Partners’ portfolio firm

Prototek, the portfolio company of the Chicago-headquartered private equity firm CORE Industrial Partners, reportedly announced that it has acquired Cal-X, Inc., a provider of sheet metal and precision machining fabrication rapid prototypin....