Author: omc_admin

The researchers from EPFL’s Soils Mechanics Laboratory, the University of Applied Sciences and Arts of Southern Switzerland (SUPSI) and the EPFL start-up Medusoil SA contributed to the study which has been published in Scientific Reports. What sets this study apart is not just the biological feat itself, but the quality and origin of the mineral formed. Under high-CO2 conditions – specifically, at concentrations over 470 times those found in the atmosphere – B. megaterium shifted its metabolic strategy. Using an enzyme called carbonic anhydrase, it converted CO2 into bicarbonate, which then reacted with calcium ions to form solid calcite.…

Oil prices extended Monday’s losses into early Tuesday trade in Asia as President Trump’s threat to sanction Russian supply in 50 days if Putin continues to resist a peace deal in Ukraine eased concerns about an immediate impact on Moscow’s oil exports.Early on Tuesday in Asian trade, the U.S. benchmark, WTI Crude, fell by 0.85% at $66.43, and the international benchmark, Brent Crude, was down by 0.72% at $68.73 per barrel.Brent prices fell below $70 a barrel this week, as the markets continue to seek direction amid the return of President Trump’s tariff threats on a number of countries and…

NEW YORK (AP) — Two people in New Jersey were killed after their vehicle was swept up in flood waters during a storm that moved across the U.S. Northeast overnight, authorities said Tuesday.Gov. Phil Murphy, a Democrat, noted the deaths occurred in the northern New Jersey city of Plainfield where there were two storm-related deaths July 3. A third person was killed in North Plainfield during that previous storm.“We’re not unique, but we’re in one of these sort of high humidity, high temperature, high storm intensity patterns right now,” Murphy told reporters after touring storm damage in Berkeley Heights. “Everybody…

By: Jan Niewold, EY Climate Change and Sustainability Services The European Commission’s proposals for simplification across its sustainability reporting regulations have triggered a wave of attention, and rightly so. When regulatory timelines shift, and the requirements change, companies may need to take stock and adjust. Regulations as important as those addressed in the Omnibus package are bound to lead to a lot of debate – in public and within companies – and many have raised questions about why the changes are being made and whether the entire project is at risk. Amid all this, we must not lose sight of the…

New Delhi: The Indian Sugar Mills Association (ISMA) has urged the government to continue with the restrictions on ethanol imports as the measure has spurred India’s petrol blending programme in the drive to green energy and also enabled timely payments to sugarcane farmers.ISMA has, in a letter to Commerce and Industry Minister Piyush Goyal, referred to media reports suggesting the possible consideration of lifting restrictions on ethanol imports for fuel blending, as part of ongoing trade discussions with the US.The latter states that over the last few years, the Government’s clear and forward-looking policy direction-anchored in the National Policy on…

New Delhi: Crude oil futures on Tuesday fell ₹65 to ₹5,706 per barrel, as participants trimmed their positions tracking weak demand in the spot market.On the Multi Commodity Exchange, crude oil for August delivery declined ₹65 or 1.13 per cent to ₹5,706 per barrel in 7,926 lots.Analysts said the prices were affected following participants offloading their holdings amid weak demand in the spot market. Globally, West Texas Intermediate crude oil was trading 0.58 per cent lower at $66.59 per barrel, while Brent Crude fell 0.48 per cent to USD 68.88 per barrel in New York. Published On Jul 15, 2025…

Chinese state-owned refiners are ramping up output after completing maintenance to meet higher third-quarter fuel demand and to rebuild diesel and gasoline stocks which are at multi-year lows, traders and analysts said.The increase in crude processing rates, expected to last through the third quarter, will drive up imports by the world’s largest oil importer, although slowing gasoline and diesel consumption is expected to keep a lid on overall demand.Operating rates at state refineries surpassed 80 per cent in the last week of June, up from about 73 per cent a month earlier, the highest for the period in five years,…

Colin McDonald was 13 when he became hooked on the world-building computer game Minecraft. He never imagined his childhood hobby would become a viable career.Now 25, McDonald runs Moonsworth, a software development company that operates a popular Minecraft modpack and employs around 50 people — some of them fellow Minecraft devotees.” Almost every single person who’s ended up being a really good hire has been someone who was a kid playing Minecraft and wanted to teach themself how to program,” McDonald says — rather than someone with a traditional computer science education. “It’s just other kids who grew up and kept…

ConocoPhillips has submitted a formal application to federal regulators seeking approval to drill four new exploratory wells and conduct seismic testing west of its $7.5 billion Willow oil development in Alaska’s National Petroleum Reserve, Bloomberg reports. The proposal, filed with the Bureau of Land Management, would significantly extend the company’s Arctic footprint and marks its most ambitious exploration effort in the region since 2020.The plan outlines new access roads, well pads, and 3D seismic surveys across the Bear Tooth Unit, a lease area directly adjacent to Willow. ConocoPhillips is betting on new reserves that could enhance Willow’s production corridor, though…

Subscribe To NotificationsScan QR code to install appImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. The content of the website is not personally directed to you,…