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BHGE, C3.ai announce JV to deliver AI solutions across the oil and gas industry

6 hours ago DieselGasoil Comments Off on BHGE, C3.ai announce JV to deliver AI solutions across the oil and gas industry
6/24/2019 HOUSTON and REDWOOD — Baker Hughes, a GE company and C3.ai today announced a joint venture agreement that brings together BHGE’s fullstream oil and gas expertise with C3.ai’s unique AI software suite to deliver digital transformation technologies that will drive new levels of productivity for the oil and gas industry. AI in the oil Read More

HSBC sees oil markets tightening in H2 despite recent weakness

9 hours ago DieselGasoil Comments Off on HSBC sees oil markets tightening in H2 despite recent weakness
London — Global oil markets will likely tighten during the second half of the year, supporting prices, driven by the expected extension of OPEC output cuts, a pickup in demand and rising geopolitical risks, HSBC said Monday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Trimming its 2019 Brent Read More

Global money-laundering watchdog launches crackdown on cryptocurrencies

3 days ago DieselGasoil Comments Off on Global money-laundering watchdog launches crackdown on cryptocurrencies
FRANKFURT/LONDON (Reuters) – Cryptocurrency firms will be subjected to rules to prevent the abuse of digital coins such as bitcoin for money laundering, a global watchdog said on Friday, the first worldwide regulatory attempt to constrain the rapidly growing sector. FILE PHOTO: Representation of the Bitcoin virtual currency standing on the PC motherboard is seen Read More

New deepfake technology makes Rasputin sing Beyonce’s ‘Halo’

3 days ago DieselGasoil Comments Off on New deepfake technology makes Rasputin sing Beyonce’s ‘Halo’
Did they get approval from the Beyhive? New research from London’s Imperial College and Samsung’s AI research center in the U.K. shows how a single photo and audio file can be used to produce a singing or talking deepfake video portrait. The scientists, who generated their output with machine learning, were able to produce some Read More

India looks to Russian crude as Iranian imports crash

3 days ago DieselGasoil Comments Off on India looks to Russian crude as Iranian imports crash
India and Russia continue to bolster their energy cooperation, and now India is looking at ways to establish oil shipping routes from Russia’s Far East India’s east coast. During the meeting (between India’s Oil Minister Dharmendra Pradhan with Yury Trutnev, Russia’s Deputy Prime Minister and the Russian president’s top envoy to Russia’s Far East), India and Read More

Asian stocks fail to catch Wall Street’s Fed rally as trade angst persists

4 days ago DieselGasoil Comments Off on Asian stocks fail to catch Wall Street’s Fed rally as trade angst persists
TOKYO (Reuters) – Asian stocks struggled on Friday to follow Wall Street’s euphoria about a possible U.S. rate cut next month as anxiety over Sino-U.S. trade negotiations clouded investor sentiment in the region. A passerby walks past in front of a stock quotation board outside a brokerage in Tokyo, Japan, May 10, 2019. REUTERS/Issei Kato Read More

Asian stocks fail to catch Wall Street’s Fed cheer as trade angst dominates

4 days ago DieselGasoil Comments Off on Asian stocks fail to catch Wall Street’s Fed cheer as trade angst dominates
TOKYO (Reuters) – Asian stocks struggled on Friday to track Wall Street’s exuberance about a possible U.S. rate cut next month as anxiety over Sino-U.S. trade negotiations clouded the investor mood in the region. FILE PHOTO: A woman wearing a kimono walks past an electronic board showing the Nikkei stock index outside a brokerage in Read More

U.N., European bodies outline joint push against space junk

4 days ago DieselGasoil Comments Off on U.N., European bodies outline joint push against space junk
VIENNA (Reuters) – European and U.N. bodies on Thursday outlined a joint push for global action on space junk, saying that debris orbiting the earth must be cleaned up as satellites launched by private companies and other new entrants are adding to the crowding. Johann-Dietrich Woerner, European Space Agency (ESA) Director General, talks to the Read More

China could challenge US dollar’s dominance by globalizing the yuan – economist Jim O’Neill

4 days ago DieselGasoil Comments Off on China could challenge US dollar’s dominance by globalizing the yuan – economist Jim O’Neill
The “only way that can ever change” the supremacy of the US dollar as a global reserve currency is if there’s a genuine, “long-term alternative,” former chairman of Goldman Sachs Jim O’Neill said. He told CNBC that China could consider expanding the role of its currency. “Some people would say, of course, the ultimate weapon Read More

Foothills Exploration provides update on 7,000-acre acquisition in Montana

5 days ago DieselGasoil Comments Off on Foothills Exploration provides update on 7,000-acre acquisition in Montana
6/19/2019 LOS ANGELES — Foothills Exploration, Inc., an independent oil and gas exploration company engaged in acquiring and developing oil and natural gas properties in the Rockies today provided an update on its proposed acquisition of 7,000 acres and 87 oil and gas wells in Montana. “We look forward to closing on this transaction during Read More