Power
Japan’s Mitsui OSK starts FSRU operations for Indonesian gas-fired power plant
JAPAN’S Mitsui OSK Lines (MOL) has started commercial operations of its floating storage and regasification unit (FSRU) to supply liquefied natural gas (LNG) to a power plant in West...
Strong economy, steady inflows power India’s Nifty to best fiscal since 2021
INDIA’S blue-chip Nifty 50 index surged nearly 29 per cent this financial year, ending Mar 31, powered by a booming economy and strong fund inflows that helped mark the...
Vietnam boosts coal imports as it promises investors no more power cuts
VIETNAM’S coal imports so far this year have nearly doubled from the same period of 2023, customs data shows, as the government strives to reassure foreign investors that factories...
Shell appoints Joiner in reshuffle of gas, power trading unit
SHELL has appointed Greg Joiner to head its Shell Energy unit which oversees renewable generation, gas and power marketing, as part of a broader reshuffle of the trading division....
Apple in talks to let Google’s Gemini power iPhone AI features: sources
APPLE is in talks to build Google’s Gemini artificial intelligence (AI) engine into the iPhone, Bloomberg News reported on Monday (Mar 18), citing people familiar with the situation. Apple...
Australia’s top banker renews warning on Apple’s payments power
COMMONWEALTH Bank of Australia chief executive officer Matt Comyn renewed his warning on Apple’s power over the nation’s payments market, reigniting a years-long dispute about competition in a booming...
Sembcorp bags 440 MW wind-solar power project in India
INDIA’S SJVN, a state-owned power producer, has awarded a 440 megawatt (MW) wind-solar hybrid power project to Sembcorp Industries’ wholly owned renewables subsidiary. The build-own-operate project is part of...
CEOs of OpenAI and Intel cite artificial intelligence’s voracious appetite for processing power
SAN JOSE, Calif. -- Two tech CEOs scrambling to produce more of the sophisticated chips needed for artificial intelligence met for a brainstorming session Wednesday while the booming market’s...
