Tag Archives: Microsoft

Microsoft, a company known for its public environmental commitments, is facing criticism for quietly selling AI services to fossil fuel giants. Although Microsoft has committed to being ‘carbon negative’ by 2030, it continues to work with oil companies like ExxonMobil and Chevron to provide the latter with AI technologies that …

Tech giant Microsoft has signed a global framework agreement to back renewable power projects that could be worth about $10 billion and buy the power that would be developed by Brookfield Asset Management, the Financial Times reported on Wednesday. The agreement is for bringing around 10.5 gigawatts (GW) of solar …

Private US nuclear fusion company Helion Energy will provide Microsoft (MSFT.O) with electricity in about five years, the companies said on Wednesday, in the first such deal for the power source that fuels the sun but has been elusive on Earth. Government labs and more than 30 companies are racing …

Saudi Arabian Oil Group, Saudi Aramco has emerged as the second largest company in the world after displacing Microsoft. After displacing Microsoft to become the second largest company in the world, it only has to displace Apple to become the largest company in the world. According to reports, Aramco’s current …

Apple has more than doubled the number of its suppliers committed to using 100 percent clean energy since 2020, according to the company’s first update on its progress toward reaching complete carbon neutrality by 2030. These 175 suppliers will create 9 gigawatts of clean power, which Apple says is similar …

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, …

Schlumberger New Energy, Chevron Corporation, Microsoft and Clean Energy Systems today announced plans to develop a ground-breaking bioenergy with carbon capture and sequestration (BECCS) project designed to produce carbon negative power in Mendota, California. The BECCS plant will convert agricultural waste biomass, such as almond trees, into a renewable synthesis …

Despite all they’re doing to address climate change with both emissions reduction plans, circular economy innovation and consumer awareness, Amazon, Google and Microsoft have been criticised for their close ties to the oil and gas sector. All of them are using their artificial intelligence prowess and analytics power to help …

BP and Microsoft Corp. have agreed to collaborate as strategic partners to further digital transformation in energy systems and advance the net zero carbon goals of both companies. This includes a co-innovation effort focused on digital solutions, the continued use of Microsoft Azure as a cloud-based solution for BP infrastructure …

The U.S. Department of Energy on Wednesday said it will provide $625 million over the next five years for five newly formed quantum information research hubs as it tries to keep ahead of competing nations like China on the emerging technology. The funding is part of $1.2 billion earmarked in …