Author: omc_admin
The days of old “dumb” TVs are largely over. If you’re shopping for a new display in 2025, smart TVs are the norm. This kind of television connects to the internet, so it can serve as a central part of any smart home. The best smart TVs let you watch all your favorite streaming services and offer features like voice search.I’ve been reviewing tech products for over a decade, and I’ve used my expertise to compile a list of the best smart TVs available. My recommendations include models that use each of the most popular smart TV interfaces on the…
Oil climbed after OPEC+ increased production less than some had feared and geopolitical concerns flared in Ukraine and Iran. West Texas Intermediate gained 2.8% to settle near $63 a barrel after the Organization of the Petroleum Exporting Countries and its allies agreed on Saturday to add 411,000 barrels a day of supply in July though some members objected, including Russia. With a handful of countries lobbying for a pause in July, banks are now split on how many more hikes will come in subsequent months. Monday’s gain — US crude initially added as much as 5.1% before easing alongside broader markets —…
Robinhood has officially closed its $200 million acquisition of Bitstamp, bringing one of the world’s longest-running cryptocurrency exchanges into its fold and signaling a strategic shift beyond retail trading and into the world of institutions.The all-cash deal, first announced last year, gives Robinhood an immediate international footprint — including more than 50 active crypto licenses across Europe, the UK and Asia — as well as an established institutional client base, something the retail trading app has long lacked.For Robinhood, the deal marks a move into deeper waters: institutional crypto flows, lending and staking infrastructure, and white-label “crypto-as-a-service” products built for…
The Trump administration is moving to repeal Biden-era curbs blocking oil drilling across most of the mammoth petroleum reserve in Alaska that’s home to an estimated 8.7 billion barrels of recoverable oil. Interior Secretary Doug Burgum announced the planned policy shift late Sunday at a town hall in Utqiagvik, a village on the Chukchi Sea coast, as he and fellow members of President Donald Trump’s cabinet visit Alaska to promote energy development in the region. The measure would open up new opportunities for oil and gas development in the 23 million-acre National Petroleum Reserve-Alaska, an Indiana-sized parcel in the northwest of the…
The national average price of gasoline in the United States has declined by 3.8 cents over the past week, now standing at $3.09 per gallon, according to GasBuddy’s latest report. Patrick De Haan, head of petroleum analysis at GasBuddy, noted, “The national average has seen a modest decline, but with oil prices rising again, we could see the trend reverse in the coming weeks.”Despite the recent dip, regional variations persist. States like Mississippi and Texas report some of the lowest averages at $2.64 and $2.70 per gallon, respectively, while California and Hawaii remain the highest at $4.77 and $4.47.”Based on gasoline…
SAF production to double in 2025, reaching 2 million tonnes—but still only 0.7% of aviation’s fuel needs. High costs from EU mandates could add $1.7 billion in compliance fees, making SAF five times more expensive than jet fuel. IATA calls for urgent government action to redirect fossil fuel subsidies and scale global SAF production. SAF Growth Still Falls Short The International Air Transport Association (IATA) said Sunday it expects sustainable aviation fuel (SAF) production to double in 2025 to 2 million tonnes, or 2.5 billion liters—just 0.7% of global airline fuel consumption. “While it is encouraging that SAF production is…
OMV Aktiengesellschaft’s majority owned OMV Petrom SA has wrapped scheduled maintenance and restarted production of fuels at its 4.5-million tonne/year (tpy) Petrobrazi refinery in southeast Romania, near Ploiesti City, about 60 km from Bucharest. Alongside replacing catalysts and various equipment and components during the planned shutdown period, the operator executed routine maintenance works and regular inspections of equipment to ensure the refinery’s installations continue to operate safely, efficiently, and in accordance with environmental safety standards as part of the site’s broader efficiency improvement initiatives, OMV Petrom said. Specific works carried out during the maintenance event—which OMV Petrom completed as of…
Jony Ive is hoping to change the tech world again after pioneering some of Apple’s most popular products, including the iPhone — and he has the full support of Steve Jobs’ widow.Investor and philanthropist Laurene Powell Jobs is a longtime friend of Ive and a financial backer of his design collective, LoveFrom, which he formed after departing Apple in 2019. Ive is now embarking on another technology journey with one of the most recognizable men in Silicon Valley, OpenAI’s Sam Altman.Ive and Altman announced May 21 that OpenAI would acquire Ive’s hardware startup, IO, to collaborate on an unknown AI…
Walmart, Mars, Mondelēz, Nestlé, and L’Oréal USA have exited the U.S. Plastics Pact ahead of updated 2030 sustainability goals. Departures signal growing concern among corporates about the feasibility and ROI of current industry-led plastics initiatives. Companies that left the Pact continue to participate in alternative industry coalitions with differing strategic priorities. Several global consumer giants — including Walmart, Mondelēz, Mars, Nestlé, and L’Oréal USA — have quietly exited the U.S. Plastics Pact (USPP), a key industry initiative focused on sustainable plastic packaging. The move comes as the Pact prepares to transition from its 2025 targets to an updated 2030 roadmap,…
(World Oil) – Baker Hughes and Cactus, a global manufacturer of pressure control equipment for oil and gas drilling, have entered a new joint venture involving Baker Hughes’ surface pressure control (SPC) product line. Cactus will own 65% of the JV, while Baker Hughes will retain a 35% stake. The joint venture will operate independently from Cactus’ existing Pressure Control business and will focus on maintaining its leadership position in the international market for surface wellhead and production tree systems. This targeted portfolio refinement is aligned with Baker Hughes’ focus on enhancing the durability of earnings and cash flow and…