- Home
- Market News
- Company & Corporate
- Geopolitical & Global
- Supply & Disruption
- Policy & Regulation
- Tech
- ESG
- Financial
Subscribe to Updates
Subscribe to our newsletter and never miss our latest news
Subscribe my Newsletter for New Posts & tips Let's stay updated!
Author: omc_admin
New York City’s e-commerce boom has delivered speed and convenience. However, a new report says it’s also bringing more traffic crashes, pollution, and worker injuries, especially in black and brown neighborhoods. What’s RelatedIn Fast Shipping. Slow Justice, Comptroller Brad Lander says the City’s lack of rules for last-mile delivery facilities is putting both workers and communities at risk. Daily package deliveries have climbed from 1.8 million before the pandemic to 2.5 million in 2024. Roughly one in three New Yorkers now receives a package every day. “We’ve become so accustomed to getting our toilet paper, socks, or butter cookies right…
Exxon Mobil Corp. lifted a force majeure on its Rovuma liquefied natural gas project in Mozambique as security concerns subside, a key step toward sanctioning the development and committing construction funds. The force majeure was put in place after Islamic State-affiliated militants carried out an attack near its operations in northeastern Mozambique in 2021. Ending the force majeure will allow work to resume and is a crucial step toward Exxon making a final investment decision on the project, which is expected next year. TotalEnergies SE, which is building a separate $20 billion LNG plant nearby, ended its own suspension last…
Cypress Creek Secures Financing for Texas Solar Plant to Supply Renewable Energy to Meta
Renewables developer and independent power producer Cypress Creek announced that it has reached financial close and started construction on its Hanson Solar project in Coleman County, Texas. The launch of the new 505 MW renewable energy project follows a power purchase agreement (PPA) between Cypress Creek and Facebook, Instagram, and WhatsApp owner Meta earlier this year. The new facility will deliver electricity to the ERCOT grid under the PPA, with Meta purchasing environmental attributes to support its clean energy commitments. Meta has set a target to reach net-zero emissions across its value chain by 2030. The company achieved its goal…
Oil and gas supermajor ExxonMobil will buy a 40% stake in the new Bahia natural gas liquids (NGL) pipeline from Enterprise Products Partners as producers and pipeline operators expand gas takeaway capacity in the Permian basin. Enterprise Products Partners on Thursday said it had entered into an agreement with ExxonMobil, which will acquire a 40% undivided joint interest in Enterprise’s Bahia NGL pipeline that is currently being commissioned. The closing of the transaction is subject to regulatory approvals and is expected by early 2026, Enterprise said. The 550-mile Bahia pipeline, expected to begin commercial operations immediately after commissioning is completed, will have an…
In the age of AI, former UK Prime Minister Rishi Sunak has some very human job-seeking advice for his two teenage daughters.It boils down to: You might soon be managing an AI bot, but that doesn’t mean you should become robotic yourself.Speaking at Bloomberg’s New Economy Forum in Singapore on Wednesday, Sunak said it’s “critical” for people to master “AI literacy skills” so they don’t lose their role to someone who is proficient with AI.Alongside using AI tools, he said his advice to his daughters is to develop “human-to-human interaction” skills such as empathy and critical thinking.”We’re never going to…
(WO) – Baker Hughes has received a significant order for 25 aeroderivative gas turbines from U.S.-based Dynamis Power Solutions, expanding the energy technology company’s footprint in mobile power systems used across upstream, refining and petrochemical operations. The order—booked in the third quarter of 2025—includes LM2500, LM6000 and LM9000 gas turbines, totaling 1.3 GW of generation capacity. The equipment will be integrated into Dynamis’ fleet of mobile power units, which are deployed in regions where reliable on-site power is essential for drilling, production, and processing activities. A key component of the deal is Dynamis’ adoption of 10 LM9000 gas…
North America dropped two rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was published on November 14. The total U.S. rig count increased by one week on week and the total Canada rig count dropped by three during the same period, taking the total North America rig count down to 737, comprising 549 rigs from the U.S. and 188 rigs from Canada, the count outlined. Of the total U.S. rig count of 549, 527 rigs are categorized as land rigs, 19 are categorized as offshore rigs, and three are categorized as inland water…
Warehouse workers are often left out of the conversation around automation. A national survey conducted by Exotec in August and September sheds light on how workers actually feel, and it’s not the story most people expect. Instead of fearing automation, many warehouse employees say it makes their jobs safer and easier on their bodies. What’s RelatedEight in ten workers who were unsure about automation changed their minds after using it on the job. Once they saw how it worked day to day, they began to view it as help rather than a threat. The biggest changes were physical. More than half of workers…
Google Launches New Free Tool to Help Manufacturers Identify Energy Efficiency Opportunities
Google announced the launch of its new Energy Assessment tool, a new solution aimed at helping plant and sustainability managers at manufacturing companies to identify energy efficiency improvement opportunities. According to Google, the new tool aims to address key challenges in unlocking cost savings and emissions reductions through energy efficiency, including the high cost of energy assessment consultants, difficulty in securing capital for efficiency projects, and a lack of in-house energy management expertise. In a post announcing the launch of the new platform, Vrushali Gaud, Global Director at Google, responsible for Strategy & Operations for Netzero, Water and Circularity, said:…
The Permian Integrated Energy System (PIES) is a flagship initiative of PEDL, a nonprofit consortium launched in 2023 to accelerate innovation across energy, workforce and economic development in the Permian Basin. Centered on a 320-acre site in Yoakum County, Texas, PIES is designed to integrate renewables, carbon removal, water reuse and other advanced energy technologies into a unified system – a model for scalable, replicable energy infrastructure. When energy processes are integrated, they use natural resources more efficiently and produce cleaner energy. “PEDL was conceived to bridge innovation and implementation,” said Dr. Derek Adams, Managing Director of PEDL’s PIES…