Author: omc_admin
The Croatian capital is pressing ahead with its electrification plans for public transport. Zagreb’s operator ZET has started the tender process for 70 battery-electric buses to modernise and decarbonise the city’s fleet. The City of Zagreb is taking the next step towards cleaner urban mobility by initiating the purchase of 70 battery-electric buses. Public transport company ZET has published a preliminary tender covering three types of buses: standard 12-metre vehicles, articulated models, and smaller midi-buses. According to the tender, ZET is looking to acquire 33 standard buses, 29 articulated buses, and eight midi-buses. The standard and articulated buses must offer…
Thermo Fisher Scientific is planning to invest an additional $2 billion in the U.S. over the next four years, strengthening its manufacturing operations and supporting the country’s healthcare supply chain. What’s RelatedThe company, one of the world’s largest makers of medicines, said the investment includes $1.5 billion to expand U.S. manufacturing and $500 million for research and development focused on new innovations. “Thermo Fisher’s commitment to U.S. manufacturing reflects our confidence that America will continue to lead the world in science and innovation,” said Marc N. Casper, Chairman, President, and CEO of Thermo Fisher. Thermo Fisher is proud to serve…
MINNEAPOLIS (AP) — Storms with lightning and hail and at least one observed tornado were moving through the upper Midwest on Monday with the potential for strong tornadoes.The National Weather Service said the highest risks — a 4 on a scale of 1 to 5 — were in portions of southern Minnesota, including the Minneapolis-St. Paul area, northern Iowa and western Wisconsin. Forecasters had expected two rounds of severe weather, with the possibility of tornadoes in the EF-2 range or greater.“The most dangerous period is likely during the late afternoon and evening when strong tornado potential should be maximized,” meteorologists…
Clean energy fund manager Copenhagen Infrastructure Partners (CIP) said on Monday it had agreed to divest a 50% stake in a battery energy storage system in southern Scotland to French insurer AXA’s alternative investment arm.CIP will continue to oversee the Coalburn 1 project, a 500 megawatt (MW) lithium-ion battery energy storage system, throughout its construction and even after its expected commissioning in early 2026, it said in a statement.As renewable energy production increases, energy storage is becoming more critical to ensure power supply during peak hours, regardless of fluctuating wind or solar conditions.Wind and solar power…
Overall, sales of Chinese car brands in Europe increased again in the first quarter. However, manufacturers achieved this growth by bringing more combustion-engine and hybrid vehicles into Europe – both not affected by the EU’s special tariffs on China-made EVs. Yet, this strategy could have far-reaching consequences for the carmakers. According to preliminary figures from market analyst Dataforce, reported by the German Automobilwoche, sales of Chinese vehicles rose by 78 per cent in the first three months of the year, while sales of China-built electric cars increased by only 29 per cent. With a total of 148,096 vehicles sold, Chinese…
What are the latest artificial intelligence (AI) developments the oil and gas sector needs to be aware of? That was the question Rigzone posed to Toni Fadnes, the Chief Transformation Officer (CTO) of eDrilling, which describes itself on its website as a technology company with an AI and software portfolio designed to drive the sustainable transformation of the energy industry. Responding to Rigzone, Fadnes said “agentic AI is what will help us (finally) transform our industry, and what everybody across all the workflows, should be aware of”. “Building upon the previous to technology eras, PC and SaaS, Agentic AI -…
Woodside Energy Group Ltd. has reported $3.32 billion in revenue for the first quarter (Q1), down five percent from the prior three-month period but up 13 percent against Q1 2024. The sequential decrease was primarily due to lower production and weaker oil-linked prices. The year-on-year increase was due to added production from the Sangomar field offshore Senegal, which started up in Q2 2024, and higher gas hub-linked prices, the Australian exploration and production company said in an online statement. Woodside produced 49.1 million barrels of oil equivalent (MMboe) in the January-March 2025 period, down 4 percent quarter-on-quarter due to weather…
Oil prices inched up in early trade on Monday but remained dogged by uncertainty over trade talks between the U.S. and China clouding the outlook for global growth and fuel demand, while the prospect of OPEC+ raising its supply cast more gloom.Brent crude futures and U.S. West Texas Intermediate crude nudged higher for a third session, up 9 cents by 0025 GMT to $66.96 and $63.11 a barrel, respectively. “Absence of news is pushing oil prices modestly higher as traders are positioned short ahead of potential increased OPEC+ supply from the May 5 meeting and a significant production boost in…
Naftogaz Group said Wednesday it will continue delivering natural gas to households in Ukraine at the current regulated rate under its fixed tariff plan. The price will remain at UAH 7.96 ($0.19) per cubic meter until April 2026 to reflect the current moratorium on raising natural gas tariffs, the state-owned oil and gas company said in an online statement. However, the company added, “Naftogaz also encourages consumers to pay their bills on time”. Acting chief executive Roman Chumak added, “These payments help maintain the country’s energy stability in the face of ongoing attacks on critical infrastructure”. “Supplying gas to households…
Iberdrola SA has announced the start of offshore construction in the East Anglia 3 wind farm on the United Kingdom side of the North Sea, saying an engineering feat has been achieved with the installation of a giant monopile. Located about 69 kilometers (42.87 miles) from the Suffolk coast, the 1,400-megawatt (MW) project is expected to produce enough power for over 1.3 million homes, according to Scottish Power Ltd., Iberdrola’s unit in the UK. The project received consent August 2017. Onshore construction began July 2022. On Friday the Spanish utility giant said, “The offshore construction program for ScottishPower’s biggest-ever renewables project is officially underway…