Air Liquide unifies five divisions to advance digital and AI
Industrial gas major Air Liquide has merged five of its industrial divisions into a single department as it focuses on streamlining processes and increasing its use of generative AI (GenAI).…
Air Liquide creates new ‘Group Industrial Direction’ to advance digital and AI
Industrial gas major Air Liquide has merged five of its industrial divisions into a single department as it focuses on streamlining processes and increasing its use of generative AI (GenAI).…
Currency impact prompts 2.4% fall in group revenue for Air Liquide in third quarter
Air Liquide’s published group revenue for the third quarter fell 2.4%, which it attributed to currency impacts and lower energy prices. CEO François Jackow said revenues rose 1.9% to nearly…
LOXSAT mission progresses with cryogenic-ready Photon spacecraft
Launch services and space systems specialist Rocket Lab has successfully built its cryogenic-ready Photon spacecraft for Eta Space and NASA’s LOXSAT mission, following the clearance of its systems integration review…
Russia Moves to Establish State Insurance Firm for Arctic Oil Shipments
Russia is preparing to launch a state-backed insurance company to cover oil and commodity exports along the Northern Sea Route, as Western sanctions continue to isolate its shipping and reinsurance…
China Leads World’s Underground Gas Storage Buildup
China has increased its underground gas storage capacity by the most of any country since 2022, the International Gas Union (IGU) said in a new report on Monday. As of…
Lukoil to Sell Foreign Assets amid Sanctions
Russia’s second-largest oil producer Lukoil PJSC announced plans to sell international assets amid US and UK sanctions. Lukoil is considering bids from would-be buyers, the company said on its website…
Odfjell Technology secures five-year contract in Kuwait’s oil sector
Odfjell Technology has been awarded a five-year contract to deliver fishing services for drilling and workover operations with a major oil and gas company in Kuwait, marking a continued expansion…
TotalEnergies’ $20 Billion Mozambique LNG Project Back on Track
TotalEnergies and its partners are close to restarting construction and engineering work on the huge $20-billion LNG export facility in Mozambique after the companies lifted the four-year-long force majeure on…
U.S. Steps Up Pressure on Hungary to Cut Off Russian Oil
The U.S. is increasing pressure on Hungary to cut off its reliance on Russian oil imports and vows to work with Hungarian authorities and neighboring countries to help Budapest wean…
