Knowledge and Technology

Scientists from Tomsk Polytechnic University (TPU) jointly with colleagues from the Industrial University of Tyumen (IUT) have proposed a system that will reduce energy costs for heating industrial plants at least five-fold. The study’s findings were published in the academic journal Thermal Science and Engineering Progress. Technological development or the …

Google Cloud and Siemens have announced a new partnership that will see AI and machine learning brought to factory floors. Siemens is planning on integrating Google Cloud’s data cloud and artificial intelligence (AI) machine learning (ML) technologies with its factory automation tools. With this partnership, the companies hope manufacturers will …

Saudi Aramco’s investment arm was among a group of investors who awarded SR187.5 million ($50 million) to a Seattle-based manufacturing and technology software company. Seeq Corp. said it had raised the new funds as part of a Series C funding round as the group of investors backing the financing were …

BMW Group and Daimler Mobility’s joint venture Digital Charging Solutions GmbH soon will be strengthened by a third shareholder – BP, which will invest an undisclosed amount to acquire a 33.3% share in the DCS. The DCS, initially launched by BMW and then joined by Daimler (50/50), is a developer …

Russia is planning to increase its share in the global hydrogen market by 20% by 2030, and to increase annual exports of the fuel up to 33.4 million tons by 2050, Deputy Energy Minister Pavel Sorokin said on Monday. “It is still difficult to provide exact numbers, but we believe …

The Ministry of Energy and Infrastructure and the Japanese Ministry of Economy, Trade, and Industry signed a virtual cooperation agreement to explore the opportunities in the field of hydrogen development. The agreement will expand the joint areas of collaboration and enhance investment in the hydrogen sector, supporting the ambition to …

Schlumberger and Microsoft announced an expanded strategic partnership on March 29 to accelerate new technologies for the energy industry. The first offering, the Schlumberger Enterprise Data Management Solution for the OSDU Data Platform—a new industry standard for energy data—is available today. Energy companies will now benefit from an OSDU-compliant solution, …

The Environmental Protection Agency (EPA) is underestimating methane emissions from oil and gas production in its annual Inventory of U.S. Greenhouse Gas Emissions and Sinks, according to new research from the Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS). The research team found 90 percent higher emissions …

Industrial gases firm Linde will supply liquid green hydrogen and related infrastructure to the world’s first hydrogen-powered ferry, a vessel by operator Norled that will transport both cars and passengers in Norway. The liquid hydrogen for the MF Hydra ferry will come from a new 24MW proton exchange membrane (PEM) …

South Korea signed an agreement with the United Arab Emirates on Thursday to cooperate on the hydrogen economy, further expanding their partnership currently focused on nuclear energy, oil and gas. During the Korea-UAE Industry and Energy Cooperation Forum held online, South Korean Minister of Trade, Industry and Energy Sung Yun-mo …