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

1 day 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

Great game in Arctic: US eyes military port to counter Russia & China at North Pole

4 days ago DieselGasoil Comments Off on Great game in Arctic: US eyes military port to counter Russia & China at North Pole
US lawmakers want its military to challenge Russia and China on the high seas by finding one or more locations for a port that would help feed Washington’s growing appetite for Arctic oil and other natural riches. The National Defense Authorization Act 2020 (NDAA) suggests that the Coast Guard and other branches of the US Read More

‘Iran would sign no-war pact with Iraq if not for US’ destabilizing role’ – Top security official

4 days ago DieselGasoil Comments Off on ‘Iran would sign no-war pact with Iraq if not for US’ destabilizing role’ – Top security official
Iran considers security in the Gulf as vital and does not intend to attack anybody, Secretary of the country’s Supreme National Security Council Ali Shamkhani told RT, accusing the US of sowing discord in the region. Shamkhani told RT’s Salam Musafir on a visit to Moscow that his country aims to ease tensions with all Read More

Amazon gets U.S. patent to use delivery drones for surveillance service

4 days ago DieselGasoil Comments Off on Amazon gets U.S. patent to use delivery drones for surveillance service
FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, January 19, 2019. REUTERS/Pascal Rossignol (Reuters) – Amazon.com Inc is exploring using drones not just to deliver packages but also to provide surveillance as a service to its customers, according to a patent granted by the United States Patent Read More

Apple pleads with Trump for China trade war truce

5 days ago DieselGasoil Comments Off on Apple pleads with Trump for China trade war truce
Apple has warned that Donald Trump’s threatened China trade war escalation could “tilt the playing field in favour of its global competitors”. The tech firm used an online submission to hearings conducted by US trade officials to argue that plans to extend tariffs to another $300bn (£236bn) of Chinese goods would be counterproductive and risked Read More

Exclusive: Chevron Phillips Chemical in bid to acquire Nova Chemicals – sources

5 days ago DieselGasoil Comments Off on Exclusive: Chevron Phillips Chemical in bid to acquire Nova Chemicals – sources
(Reuters) – ​Chevron Phillips Chemical Company LP, a joint venture between Chevron Corp and Phillips 66, has offered to acquire Nova Chemicals Corp for more than $15 billion including debt, people familiar with the matter said on Thursday. Abu Dhabi’s Mubadala Investment Co, the owner of Nova Chemicals, has been exploring a sale of the Read More

Russia squeezing embattled Venezuela for tax-free gas expansion

5 days ago DieselGasoil Comments Off on Russia squeezing embattled Venezuela for tax-free gas expansion
By Fabiola Zerpa and Peter Millard on 6/20/2019 CARACAS and RIO DE JANEIRO (Bloomberg) — Russia’s state-controlled oil giant, Rosneft PJSC, is extracting concessions from crisis-ridden Venezuela to enter the offshore natural gas market on the cheap, a potential headache for the U.S. and Europe. An accord signed by both Russia and Venezuela earlier this month Read More

Renault, Nissan join Waymo in exploring driverless services in France, Japan

6 days ago DieselGasoil Comments Off on Renault, Nissan join Waymo in exploring driverless services in France, Japan
DETROIT/PARIS (Reuters) – French automaker Renault SA, its Japanese partner Nissan Motor Co and tech giant Alphabet Inc’s Waymo are exploring a partnership to develop and use self-driving vehicles to transport people and goods in France and Japan, the companies said on Thursday. FILE PHOTO: The logos of car manufacturers Renault and Nissan are seen Read More

Factbox: U.S. companies warn on Trump’s tariffs

7 days ago DieselGasoil Comments Off on Factbox: U.S. companies warn on Trump’s tariffs
(Reuters) – A host of U.S. consumer companies have warned that costs related to tariffs on goods imported from China will hit their profits. The United States increased tariffs on $200 billion worth of Chinese goods to 25% from 10% in May. President Donald Trump has also threatened an additional round of tariffs on $300 Read More

Pfizer bolsters cancer portfolio with $10.64 billion deal for Array

1 week ago DieselGasoil Comments Off on Pfizer bolsters cancer portfolio with $10.64 billion deal for Array
(Reuters) – Pfizer Inc said on Monday it would acquire Array Biopharma Inc for $10.64 billion in cash to beef up its cancer portfolio as it faces rising generic competition for its blockbuster drugs. FILE PHOTO: The Pfizer logo is seen at their world headquarters in Manhattan, New York, U.S., August 1, 2016. REUTERS/Andrew Kelly/File Read More