Author: omc_admin
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,…
Donald Trump has continued his tour of the Middle East with a stop in Qatar, marking the first time a United States president has made an official state visit to the Gulf country. But just before he boarded Air Force One to fly into the Qatari capital of Doha, Trump made history in another way: He took his first-ever meeting with Syria’s new president, Ahmed al-Sharaa. Wednesday marked the halfway point in Trump’s four-day trip, which included an opening stop in Saudi Arabia and will conclude in the United Arab Emirates. And as with his other stops, Trump underscored warming…
Nuclear energy technology startup Realta Fusion announced that it has raised $36 million in a Series A financing round, with proceeds aimed at bringing its modular magnetic mirror fusion energy technology closer to commercialization. Founded in 2022, Wisconsin-based Realta provides technology aimed at enabling the development of the lowest capital and least complex path to commercially competitive fusion energy. The company has developed a fusion energy system based on the compact magnetic mirror concept, in which extremely strong magnets trap super-heated hydrogen gas between two ends of a simple cylinder. Hydrogen atoms within the cylinder can then collide and fuse…
President Donald Trump has posted more than 200 times about oil prices since he joined Twitter in 2009, with his missives providing some insight on what price he prefers for crude — and it’s not a good level for the U.S. shale industry. Goldman Sachs mined all of Trump’s posts on Twitter, X and his social media platform Truth Social. The bank found that Trump has called for lower oil prices 213 times and higher prices 15 times. The president posts the least about oil prices when U.S. crude trades between $40 and $50 per barrel, suggesting this is his…
Eni has started gas production from the Merakes East field, in the Kutei basin, offshore Indonesia. The field is in the East Sepinggan block (Eni 85%, Op.) and will contribute up to 100 MMscfd of gas or approx. 18,000 boed to Eni’s production. Merakes East is located in a water depth of 1,600 m (~5,249 ft), approximately 10 km east of the Merakes Field. It is tied back via a subsea connection to the Jangkrik Floating Production Unit (FPU) operated by Eni, situated around 50 km away. This startup is another example of fast-track development as the field…
Sustainability-focused private markets investment manager Pegasus Capital Advisors announced the appointment of SASB founder and former Blackstone Global Head of ESG Jean Rogers as Senior Operating Advisor. Founded in 1996, Stamford, Connecticut-based Pegasus specializes in blended sustainable investments across climate, food, water, and ocean ecosystems. Blended finance brings together public or philanthropic capital and private funding through a common investment structure, enabling investors to invest in certain types of investments that have high perceived risk profiles, such as new climate mitigation-related technologies. The firm is the investment manager of the Subnational Climate Fund and the Global Fund for Coral Reefs…
XRG, the newly created energy investment firm of Abu Dhabi’s national oil company ADNOC, has taken a 38% stake in a production sharing contract for an offshore block of gas and condensate fields in Turkmenistan.XRG, Malaysia’s state energy firm Petronas, and Turkmenistan’s state firm Hazarnebit have signed a new Production Sharing Contract (PSC) with state company Turkmennebit for the offshore Block I gas and condensate fields. As part of the transaction, XRG and Petronas signed a long-term gas sales agreement (GSA) with Turkmengas.Petronas will hold a 57% participating interest as owner and operator in the contract, partnering with XRG with…
2x Capture Efficiency: Climeworks’ Gen 3 DAC tech, powered by Svante’s structured adsorbents, doubles CO₂ capture compared to Gen 2. 50% Energy Reduction: Energy use slashed in half across 1,300+ real-world cycles. Proven Durability: Stable performance in extreme humidity and temperature conditions, validating scalability. Climeworks has completed large-scale testing of its Generation 3 Direct Air Capture (DAC) technology, confirming a significant leap in efficiency. Powered by Svante’s structured adsorbents, the system doubles CO₂ capture capacity and cuts energy use in half compared to Climeworks’ current Gen 2 implementation in Iceland. “Testing DAC technology at full scale and under real-world conditions…
Salaries in the logistics and supply chain industry fell in 2025 after two years of gains, with the average total compensation dropping to $120,600, down from $128,030 in 2024. This is among the results of Peerless Research Group’s (PRG) new 2025 Salary & Compensation Survey, conducted on behalf of Logistics Management. The survey involved more than 200 qualified respondents. What’s RelatedWhile pay may have cooled off, experience, education, and geography still play a major role in what professionals earn, and some factors matter more than ever. Salary Overview: The Top-Line Numbers Average salary: $120,600 Median salary: $106,000 52% of professionals saw…
In a statement posted on its website this week, the U.S. Department of Energy (DOE) announced “the first step in the Energy Department’s largest deregulatory effort in history, proposing the elimination or reduction of 47 regulations”. The statement highlighted that these actions are in accordance with U.S. President Donald Trump’s Executive Order “Zero-Based Regulation to Unleash American Energy”. Once finalized, these actions will cut more than 125,000 words from the Code of Federal Regulations, the statement noted. “While it would normally take years for the Department of Energy to remove just a handful of regulations, the Trump Administration assembled a…