Author: omc_admin

Datacenters’ electricity demands have been accused of delaying the US’s transition to clean energy and requiring fossil fuel plants to stay online, while their high level of water consumption has also raised alarm. Now public health advocates fear another environmental problem could be linked to them – Pfas “forever chemical” pollution.Big tech companies like Google, Microsoft and Amazon often need datacenters to store servers and networking equipment that process the world’s digital traffic, and the artificial intelligence boom is driving demand for more facilities.Advocates are particularly concerned over the facilities’ use of Pfas gas, or f-gas, which can be potent…

Ocean services provider DeepOcean said it has been awarded a simultaneous marine operation and production installation (SIMOPRO) contract by Equinor ASA. DeepOcean’s scope of work entails installation work on both the Åsgård and Visund fields on the Norwegian continental shelf. The company will undertake onshore project management, engineering and procurement services, as well as offshore operations, according to a news release. A SIMOPRO operation refers to a complex offshore job where marine construction or installation activities are carried out while an offshore facility is producing hydrocarbons, DeepOcean said. The scope of work on Åsgard includes riser removal at the Åsgard…

India is set to become the next major force in the petrochemicals industry, a move that could intensify supply imbalances already troubling Asia, according to a press release citing recent reports by S&P Global Ratings.The research points out that India’s plans to expand its petrochemical production mirror the earlier steps taken by China, which is already reshaping the global market. This shift comes as both countries, with China being the world’s largest consumer and India the third, look to reduce their dependence on imports for essential chemicals used in everyday products such as plastics, packaging, and auto components.”India’s capacity additions…

Forget the fancy Ferraris and precious Picassos. Instead, new Forbes 400 member David D. Halbert chose the ultimate flex: convincing Tom Fazio to build him a “no-budget” 18-hole golf course in Texas. “If you don’t have a hole named after you then you’re not a member,” laughs David D. Halbert, as he pulls the cart up to the first tee at his personal golf course. This one is called the “Jake hole” – because that’s the nickname his grandkids call him. Located on 170 acres along Lake Granbury, 60 miles southwest of Dallas Fort-Worth airport, the championship length (7,500 yards…

As the European Union pushes to fully sever its reliance on Russian energy and the administration of US President Donald Trump urges NATO members to abandon Russian oil, one country’s populist government stands firm.Hungary and its leader, Prime Minister Viktor Orban, have long argued Russian energy imports are indispensable for the country’s economy and switching to fossil fuels sourced from elsewhere would cause an immediate economic collapse.Orban, who has long had the friendliest ties to the Kremlin of any EU leader, has vigorously opposed the bloc’s efforts to sanction Moscow after its invasion of Ukraine in February 2022, and blasted…

Chevron said the fire had bee Chevron’s 285,000-barrel-per-day El Segundo refinery in southern California had taken multiple units offline on Friday after a large fire erupted in a jet fuel production unit, disrupting supply in the Golden State’s isolated energy market.The El Segundo refinery is the second largest in California and Chevron’s second-biggest refinery in the United States. The facility supplies a fifth of all motor vehicle fuels and 40% of the jet fuel consumed in southern California. The fire at the facility’s jet fuel production unit broke out on Thursday evening. No injuries were reported, and all workers at…

The Trump administration is cancelling $7.6bn in grants that supported hundreds of clean energy projects in 16 states, all of which voted for Democrat Kamala Harris in last year’s presidential election.The move comes as Donald Trump threatens deep cuts in his fight with congressional Democrats over the government shutdown.The energy department said in a statement on Thursday that 223 projects were terminated after a review determined they did not adequately advance the nation’s energy needs or were not economically viable. Officials did not provide details about which projects are being cut, but said funding came from the Office of Clean…

There’s been much hand-wringing about the current rally in stocks, focused on what many see as eye-wateringly lofty valuations, especially for AI names. No matter how you slice it, equities are historically expensive.But there’s a strong case for this so-called bubble in AI to continue for much longer. Basically, the predicted profit growth in the space unlocked by AI is expected to catch up, eventually rendering those alarming valuation metrics moot.As for Swift, she’s showing herself to be something of a pop-star unicorn by staying relevant and firmly A-list for an unprecedented stretch of time. She’s been one of the…

Lying awake at night isn’t an issue for the CEO of Telegram — it’s his dream scenario.Pavel Durov, who cofounded the messaging app, said on Lex Fridman’s podcast Tuesday that he allocates 11 to 12 hours of sleep a night, even if he spends part of it with his mind racing.He said brilliant ideas have come to him in those 12 hours when he’s trying to sleep.And when he wakes up, he starts his morning without a phone.Durov tries to limit his phone usage. Fridman said he spent two weeks with Durov and hadn’t seen him use his phone for…

Sometimes the student becomes the master, and sometimes the algorithm gets the better of its creator.Mark Zuckerberg recently revealed that he’s just as susceptible as the rest of us to Instagram’s targeted ads, which seem to get better every year at recommending the right products at the exact moment you’re open to buying them.”I spend so much time in Instagram ads curating my closet. Most of what I wear — this, this, these shoes, definitely,” Zuckerberg said in a recent interview with Drip, a popular Instagram fashion account.The Meta CEO said that essentially, his entire outfit — a black, long-sleeved,…