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 …
Read More »German Legislator Urges Halt to Nord Stream 2 over Developments at Ukraine Borders
Head of Germany’ European People’s Party (EPP) Manfred Weber has urged to put to a halt the construction of Russia’s Nord Stream 2 gas pipeline if situation near the borders of Ukraine further aggravates. Thus, the European Union should send an “unequivocal message” to Moscow, the legislator told Redaktionsnetzwerk Deutschland …
Read More »Siemens and Google Cloud Join Forces on Factory Automation
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 …
Read More »Oil Falls Amid Covid-19 Surge in India, Other Countries
Oil prices were lower on Monday as rising coronavirus infections in India and other countries prompted concerns that stronger measures to contain the pandemic will hit economic activity, along with demand for commodities such as crude. Brent crude was down 23 cents, or 0.3%, at $66.54 a barrel by 0426 …
Read More »China to Bring Solar and Wind Power Generation to 11% of Total Electricity Use in 2021
China has flagged it will seek to raise its power generation from solar and wind plants to around 11% of the country’s total power consumption in 2021, from 9.7% in 2020, said the National Energy Administration (NEA) in a draft rule on Monday. Chinese President Xi Jinping has announced that …
Read More »Iraq’s Bay Hassan Oil Field in Northern Kirkuk Unaffected by Explosives Attack
Iraq’s Bay Hassan oil field in the northern Kirkuk region was unaffected by an attack, the oil ministry said April 17, as OPEC’s second largest producer continues to grapple with security incidents against its energy infrastructure. Two oil wells in Bay Hassan field were struck by two explosives without causing …
Read More »Volkswagen Eyes 15% Share in Chinese Electric Car Market
German carmaker Volkswagen plans to increase its share in China’s market for cars with alternative engines, like those powered by electricity, to about 15%, equivalent to the share it currently enjoys in the sales of standard automobiles, the head of its branch in the Asian country said. “Volkswagen has a …
Read More »96% of Iran’s Population Enjoy Natural Gas
The managing director of National Iranian Gas Company (NIGC) said that 96 percent of the country’s population enjoy natural gas at the present. Emphasizing the need to pay attention to the stability of the network, the creation and use of processes, Hasan Montazer Torbati said: “Iran’s 96 percent of population …
Read More »Saudi Aramco Part of $50 Million Funding for US Software Firm
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 …
Read More »IAEA Verifies Iran’s 60% Enrichment
Iran’s ambassador to the International Atomic Energy Agency (IAEA) Kazem Gharibabadi said on Sunday that IAEA has verified Iran’s 60% uranium enrichment. The IAEA released a report to verify that on April 17 that Iran has started producing UF6 with 60% purity through feeding UF6 gas with 5% purity simultaneously …
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