Author: omc_admin

A leading European winemaker has warned it may have to abandon its ancestral lands in Catalonia in 30 years’ time because climate change could make traditional growing areas too dry and hot.Familia Torres is already installing irrigation at its vineyards in Spain and California and is planting vines on land at higher altitudes as it tries to adapt to more extreme conditions.“Irrigation is the future. We do not rely on the weather,” said its 83-year-old president, Miguel Torres. “I don’t know how long we can stay here making good wines, maybe 20 or 30 years, I don’t know. Climate change…

Los Angeles entrepreneur and investor Jessica Mah is embroiled in bitter legal disputes with two former executives of her company and with D Global Ventures, a firm led by Justin Caldbeck, a prominent Silicon Valley venture capitalist who admitted to sexually harassing female investors in 2017.In a lawsuit filed in Los Angeles Superior Court this week, Mah accused Caldbeck of sexually harassing her and of seeking to defame her over a dispute about an investment he made in a corporate entity she controlled.Meanwhile, in three separate lawsuits, two ex-senior executives at Mah’s investment firm Mahway — former CFO William Mulholland…

The state-run company’s refining capacity target will mark a 25% jump from 81 mmtpa currently.Indian Oil Corporation Ltd (IOCL) is looking to diversify into data centres, nuclear power generation, shipping, critical mineral mining, and battery manufacturing among sectors, said people aware of the development.In its core business, India’s top refiner and fuel retailer is targeting 100 million metric tonnes per annum (mmtpa) refining capacity and 13 mmtpa petrochemical capacity by FY28, the people said.These initiatives are part of IOCL’s strategy to reach $1 trillion revenue and achieve net zero emissions operationally by 2047. Senior IOCL executives highlighted in their ‘Imagining…

Long gone are the days when you needed an anime-exclusive streaming service to watch your favorite series; now, you can turn to popular services like Netflix, Hulu, Amazon Prime Video, and Max for both new releases and classic titles in the genre. With that in mind, more and more viewers are cutting Crunchyroll from their monthly subscriptions to save money, and I’ve broken down how to do so below. Luckily, it only takes a few clicks to cancel a Crunchyroll subscription. After doing so, you’ll have until the day before your renewal date to continue watching at your current plan’s level, whether you’re a Fan,…

(Investing) – U.S. oil producer Chevron Corp (NYSE:) and several European companies are in talks with the Trump administration to obtain authorizations to keep their stakes in joint ventures with Venezuela’s state-run PDVSA, three sources close to the matter said. Washington in March revoked licenses and authorizations it had granted in recent years that allowed PDVSA’s foreign partners and customers to do business with Venezuela, which is under U.S. sanctions, and export oil to destinations including the U.S., Europe and India. The U.S. gave the companies until May 27 to wind down transactions, but did not rule specifically on what they should do…

ST. LOUIS (AP) — Storms Friday afternoon tore roofs off buildings, ripped bricks off of siding and downed trees and power lines.At least four people died and authorities were searching from building to building for people who were trapped or hurt after severe storms iswept through St. Louis. A person walks past a large tree blocking a road after a severe storm moved through Friday, May 16, 2025, in St. Louis. (AP Photo/Jeff Roberson) A person walks past a large tree blocking a road after a severe storm moved through Friday, May 16, 2025, in St. Louis. (AP Photo/Jeff Roberson)Read…

WASHINGTON—The Department of Energy (DOE) today announced new emergency actions to provide urgent and immediate assistance to the American citizens of Puerto Rico and strengthen the island’s failing power system. Just one month after Puerto Rico’s most recent island-wide blackout, U.S. Secretary of Energy Chris Wright is issuing two emergency orders authorized by the Federal Power Act Section 202(c) to address critical grid security issues and improve grid resiliency. These orders, issued by the Office of Cybersecurity, Energy Security, and Emergency Response (CESER), in accordance with President Trump’s Executive Order: Declaring a National Energy Emergency, will unlock emergency protocols and…

(Oil Price) – Texas-based utility Vistra Energy has struck a $1.9-billion deal for the acquisition of close to 2.6 GW worth of gas-powered generation capacity across several states from Lotus Infrastructure Partners. The seven power plants are located in New York, California, New England and parts of the U.S. spanning 13 states serviced by transmission company PJM Interconnection, Reuters reported. The assets include five combined-cycle facilities and two combustion turbine power plants. The news of the deal comes amid reports of an expected surge in electricity demand in the United States, driven primarily by the proliferation of data centers. The Energy Information…

EOG Resources, Inc. (EOG) today announced that the company was awarded a new oil exploration concession for Unconventional Onshore Block 3 (UCO3) by Abu Dhabi’s Supreme Council for Financial and Economic Affairs (SCFEA).    The UCO3 concession area is 3,609 square kilometers, or nearly 900,000 acres, in an over-pressured, oil prone basin within the Al Dhafra region of Abu Dhabi. EOG holds 100 percent equity and operatorship and, in coordination with Abu Dhabi National Oil Company (ADNOC), will explore and appraise unconventional oil in the concession area. Following a three-year appraisal phase, EOG may enter into a production concession…

The best iPhone 16 cases provide durable, attractive, and multifaceted designs at reasonable prices.To help you find the best model for your needs, we’ve compiled our favorite cases based on our testing of options from Apple and third-party brands like Otterbox, Smartish, and others.Among the best iPhone 16 cases, our top pick is the Apple Clear Case with MagSafe model. It retains first-rate clarity over time, showing off your iPhone’s finish while protecting it for the long term. Our first budget recommendation is the Smartish Gripmunk with MagSafe case, a low-cost, high-quality model with solid protection and a grip-conducive texture…